Supply Chain Shaman

FEBRUARY 4, 2025

Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. While many might see the issue as change management, I think that the journey must start with unlearning. Change is Hard. Unlearning is Tougher. Guess what?

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

Kinaxis

MARCH 20, 2019

The CEO went on to imply that losing sales was preferable to building excess inventory. Shouldn’t it be ok to build inventory in anticipation of demand surges, and then apply promotions to work through the excess? For a company operating at almost 52 percent gross margin, that’s not an insignificant amount.

Apparel 193

Apparel Inventory North America Demand Planning Software 193

GlobalTranz

JANUARY 8, 2015

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits.

Inventory Reduction 120

Inventory Reduction Agile and Lean Supply Chain Lean Waste Reduction 120

Supply Chain Shaman

MARCH 21, 2024

We explore the concept of holistic inventory strategies focused on the form and function of inventory. In the process, we learn that only 15-20% of inventories are safety stock and that the current APS frameworks do not enable a holistic analysis of the form and function of inventory. I think that the answer is no.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

Logility

NOVEMBER 18, 2021

Demand Management, Inc., The synergy between Logility, Demand Management, and NGC Software creates the most complete and innovative supply chain planning platform on the market,” said Allan Dow, president and CEO of Logility, “Now, more than ever, the digital economy requires an intuitive supply chain powered by cognitive planning.

Supply Chain Planning Software 130

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 130

Supply Chain Shaman

MARCH 27, 2014

It replaces rules-based consumption in demand planning, and will improve short-term forecasting by 30-35%. The average client that has implemented demand sensing technologies has reduced inventory by 11%. Remember, many organizations do not understand the basics of demand management. It makes a difference.

Supply and Demand 343

Supply and Demand Inventory Reduction Demand Planning Software Forecasting Software 343

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.

Forecasting 273

Forecasting Forecasting Software Modeling Optimal Sourcing 273

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.”

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. There are ways to manage a supply chain amid disruptions but they require changes in the way the business works.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

Kinaxis

AUGUST 18, 2014

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. Sure, we’re concerned, and in some cases stocking more inventory at local distribution centers. Some people call this “Big Data”.

Modeling 263

Modeling Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 263

Logility

MAY 10, 2022

Demand Management, Inc. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service, and reduce inventory to maximize profits and lower costs. Clients of New Generation Computing, Inc.

Supply Chain Planning Software 39

Supply Chain Planning Software Supply Chain Design Software Optimization Software Demand Planning Software 39

Supply Chain Opz

APRIL 15, 2015

What inventory book can help you to cut inventory costs? In this article, we will show you 10 best inventory book that readers at all levels can learn from. Inventory Management Overview Many people think inventory management is a clerical task but they're absolutely wrong.

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Material Savings Inventory 100

Supply Chain Shaman

JANUARY 30, 2025

(The Salesforce.com model is primarily a pipeline management tool suitable for discrete markets but not process manufacturers. The widely-held belief that CRM improves demand management is a misnomer.) In short, new players will change the future market, but I do not think this is the answer.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Design Software Modeling Modeling Software 222

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.

Supply Chain Design Software 272

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 272

Kinaxis

OCTOBER 9, 2014

In this video hear, Don Gaspari, Director, Materials & Inventory, Global Operations and Logistics, NCR, speak about his time at NCR and their vision to leverage it’s market leadership in self service devices and applications to transform the way that business does business with consumers.

S&OP 171

S&OP Inventory Reduction Material Savings Video 171

Logility

JANUARY 22, 2014

Demand management has always been at the top of supply chain professionals’ list of challenges. Against this backdrop, it is interesting that many companies still depend on spreadsheets for demand planning and S&OP , as noted in the recent survey by APICS ( see Are Spreadsheets the Answer , SC Digest, September 2013 ).

Demand Planning Software 101

Demand Planning Software Supply and Demand Supply Chain Planning Software Demand Management 101

Kinaxis

SEPTEMBER 24, 2014

You need to be able to see where inventory exists, what capacity is available and what the issues are. This tool needs to have the following characteristics; End to end visibility – To make supply chain decisions, you need to have visibility across your supply chain. How do you make your major supply chain decisions?

Modeling 246

Modeling Supply Chain Planning Software Modeling Software Supply Chain Software 246

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.

S&OP 188

S&OP Supply and Demand Supply Chain Planning Inventory Management 188

Logistics Viewpoints

MAY 10, 2021

Blue Yonder is a leading provider of supply chain software solutions including several solutions that will be mentioned in this article – demand management, inventory optimization, replenishment, warehouse management, warehouse control systems, yard management, and transportation management.

Supply Chain Planning Software 279

Supply Chain Planning Software Supply Chain Software Supply Chain Transformation Inventory Reduction 279

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Tracking issues.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

Kinaxis

OCTOBER 13, 2014

Demand management General News Inventory management Sales and operations planning (S&OP) Supply chain management' The developing IoT ecosystem certainly has the potential for eliminating the information latency and deficiency that we see today in the planning processes. What do you think?

Internet of things 236

Internet of things Supply Chain Planning Software Inventory Reduction Scenario Planning 236

ToolsGroup

MAY 14, 2019

A key factor was Optilon’s ability to integrate best-of-breed solutions for production planning, demand forecasting, inventory optimization, and replenishment into a seamless process. Absolut also has a better overview of the bottlenecks and they can keep a higher deliverability when their inventories are temporarily low.

Optimal Sourcing 120

Optimal Sourcing Inventory Reduction Modeling Supply Chain Planning Software 120

Kinaxis

NOVEMBER 13, 2014

Best practices Control tower Demand management General News Inventory management Miscellanea Sales and operations planning (S&OP) Supply chain collaboration Supply chain management Anne Bassett Apple Inc. How is Kinaxis unique in helping solve complex supply chain challenges?

Supply Chain Planning 177

Supply Chain Planning S&OP Supply Chain Supply and Demand 177

Kinaxis

MARCH 25, 2015

by Alexa Cheater Our partner Celestica recently published the following article, ‘ Is your company being held hostage by poor inventory performance? ’ Poor inventory performance can create a significant obstacle to growth and profitability. Visibility allows you to see precisely how much inventory you have and where.

Optimal Sourcing 100

Optimal Sourcing Inventory Reduction Modeling Inventory 100

Supply Chain Shaman

OCTOBER 8, 2017

If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. I do believe in demand planning, but most companies overstate forecast improvements. Here I share my world view. Everyone has a bias.

Supply and Demand 201

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 201

Kinaxis

SEPTEMBER 17, 2014

So a scheduler at one plant has no visibility as to the inventory position, capacity or material supplies at another plant. In our drop in situation, you could have sufficient inventory at a different site but never know it because you can’t see it. The only recourse is to pick up the phone or pound out an email to find out…or guess.

Supply Chain Planning Software 263

Supply Chain Planning Software Supply Chain Design Software Supply Chain Visibility Modeling 263

Logistics Viewpoints

MAY 30, 2022

She worked as a production planner, a master planner, a demand planner, and inventory manager, before leading a team of demand planners in 2015. In winning the business, Jabil had committed themselves to being able to turn inventory 12 times a year. They had over 100 days of inventory on hand.

Supply and Demand 59

Supply and Demand Supply Chain Planning Software Scenario Planning Supply Chain Design Software 59

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. From a data standpoint, they learned that the data they had in their enterprise system regarding the amount of inventory a customer could hold was often wrong.

Forecasting 244

Forecasting Forecasting Software Modeling Optimal Sourcing 244

Kinaxis

DECEMBER 15, 2014

Demand management General News Inventory management Supply chain collaboration Supply chain management Aaron African time Alex Grey Artificial intelligence Canada Collaborative poetry Collective intelligence Organizational culture Peter Senge Systems thinking' What are your thoughts on this matter?

Supply Chain Planning Software 244

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Modeling 244

Kinaxis

JULY 18, 2014

The challenge is balancing reduced material delays with rising inventory levels and longer Days of Inventory. Best practices Demand management General News Supply chain collaboration Supply chain management Aerospace Kinaxis Lockheed Martin Manufacturing Sales and operations planning Supply chain Supply Chain Insights'

Supply Chain Planning 224

Supply Chain Planning Supply Chain Design Supply Chain Strategy Aerospace 224

Supply Chain Shaman

OCTOBER 11, 2023

The larger the global corporation, the more that the use of functional goals sub-optimizes growth, margin and inventory levels. Instead, they are attempting to measure demand forecast error and lamenting the lack of perfection on imperfect demand data. Measurement. Few companies that I work with are familiar with these terms.

Supply Chain Planning Software 417

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 417

ToolsGroup

JUNE 11, 2020

Establish the digital twin The next step was bringing the supply chain network map to life by adding operational data: details like open customer orders, goods-in-transit, and inventory levels. How much inventory do we hold of that item in all our locations? It now more easily senses demand deviations and address them more proactively.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

Logistics Viewpoints

NOVEMBER 4, 2024

The partnership between Shipium and ClearJet enhances supply chain efficiency by enabling businesses to achieve nationwide 2-day delivery at ground rates without changing carriers. By integrating ClearJet’s Super Carrier infrastructure, Shipium users gain access to advanced capabilities such as air zone skipping and final-mile carrier injections.

Logistics Network Optimization Software 290

Logistics Network Optimization Software Predictive Analytics Software Optimization Software Logistics 290

Logistics Viewpoints

SEPTEMBER 11, 2024

Smart warehouses are using IoT sensors, powered by 5G, to automate inventory tracking and manage orders with greater accuracy. Drones and robots will play a growing role in last-mile delivery, responding quickly to changes in demand and operating environments.

Logistics Network Optimization Software 311

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 311

Kinaxis

AUGUST 29, 2014

Understanding inventory planning will take on a new dynamic. On the downside, it appears that these industries are struggling with inventory issues. The research shows the cash-to-cash cycle has increased, as have days of inventory, and inventory turns are on the decline.

Metrics 171

Metrics Supply Chain Planning Software Manufacturing Procurement Thailand 171

Logistics Viewpoints

OCTOBER 23, 2024

Implementing Digital Product Passports (DPPs) within an organization involves a detailed and strategic process. This requires a thorough readiness assessment, selection of appropriate technology, and careful integration with existing business processes.

Resource Reduction 297

Resource Reduction Vendor Strategies Inventory Reduction Price Mitigation Strategies 297

ToolsGroup

DECEMBER 12, 2017

In today's market, demand management success is like the flip of a coin," says Laura Cecere, founder and CEO of Supply Chain Insights. “We We see that most people think that demand management is very important, but only 44% feel that it's effective.”. (See example below of Systagenix case study).

Forecasting 185

Forecasting SAP Forecasting Software Modeling 185