ToolsGroup
SEPTEMBER 26, 2023
Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations. We are very excited about this new chapter in Evo’s journey.”
Vanguard Software
JUNE 22, 2021
In the new normal of supply chain disruptions, it has never been more important for planners to strategically manage disruptive events, which create dramatic spikes or dips in demand, shortages in parts or supplies, and unexpected changes in shipping schedules. Ken Miller, Director of Inventory, Fountain Tire.
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Logistics Viewpoints
MARCH 27, 2023
As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.
Kinaxis
OCTOBER 20, 2014
Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. Unfortunately, all the same kinds of things can happen to your supply chain inventory. Except that your inventory costs millions of dollars. Reason #3 Not having end-to-end supply chain visibility.
Logistics Viewpoints
APRIL 4, 2024
During summer days, I didn’t mind doing inventory checks in the fridge and freezer because it meant I got to cool down. Understanding that when the weather is 5 degrees warmer than the average temperature, ice cream sales increase by 50% allows for more accurate and real-time forecasts in your demand planning process.
Supply Chain Shaman
AUGUST 7, 2019
In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.
Kinaxis
OCTOBER 21, 2014
Demand management General News Inventory management Milesahead Sales and operations planning (S&OP) Supply Chain Events Supply chain management' Changing the mindset away from the individual supply chain / S&OP functions to connecting functions and most importantly, people.
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