Finn-Tack implements inventory and demand management solution

Supply Chain Movement

Finn-Tack, with an international customer base with growing global demand, has two production plants in China, and the Ukraine, manufacturing riding equipment and clothing. Cases Barloworld SCS consolidation demand planning Finn-Tack inventory Optimiza software

Apparel and footwear: At what point is missed sales better than excess inventory?

Kinaxis

In adidas’s recent earnings call, CEO Kasper Rorsted warned that adidas would miss its 2019 growth target because its supply chain was unable to meet the huge demand for its mid-priced apparel, especially in North America. by Harish Iyer.

Is Your Demand Management Process Keeping Up with Innovation?

Supply Chain Nation

Companies must constantly innovate to keep up with and satisfy fast-changing consumer demand. Is your demand management process adequately supporting this innovation requirement? They were originally designed to keep factories humming, pumping out those products most in demand.

My Take: Let’s Admit Seven Demand Management Mistakes of the Last Decade

Supply Chain Shaman

Within an organization, the words “Demand Planning” stir emotions. Seldom do we find a team excited about demand planning. After two decades of process and technology refinement, excellence in demand management still eludes supply chain teams.

Lean Inventory: Using Lean Initiatives To Manage Inventory

Cerasis

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. What is Lean Inventory Management? Supply Chain lean inventory

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Ann Grackin: Is the Crisis in Demand Management Being Exacerbated by Spreadsheet Dependency?

Logility

Demand management has always been at the top of supply chain professionals’ list of challenges. All these moves have added complexity to the demand planning challenge. These low scorers report forecast inaccuracy, and demand planning as their biggest headaches.

Using Lean to Manage Inventory!

Supply Chain Game Changer

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. What is Lean Inventory Management? Subscribe Here! Email Address.

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Is Poor Inventory Performance Holding You Back?

Kinaxis

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. Success demands widening the scope.

What About Them Apples?

Supply Chain Shaman

In offices across the United Sates, demand planners are scratching their heads. Shifting demand and rising prices for cotton and orange juice. Surprising demand in automotive for car replacement. History is not a good predictor of current demand. Tactical Demand Planning.

10 Best Inventory Book for All Experience Levels

Supply Chain Opz

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. Effective control of inventory requires a broad spectrum of knowledge. Clive (Material Management) 5) RFID For Dummies by Patrick J.

Indiana Jones and the supply chain bullwhip effect

Kinaxis

A small shift in customer demand essentially cracks the whip, and the further a supplier is from the demand, the more significant the impact, which inevitably leads to increasing swings in inventory for suppliers. The bullwhip effect and demand forecasting.

What If You Could Take The Guesswork Out Of Forecast Planning? Guest Post from Osgood Vogler

Kinaxis

The author, Osgood Vogler, Director, Analytics, Celestica Supply Chain Managed Services, describes an insight-based demand management process: So, how do you take the guesswork out of forecast planning? Demand planning has a big impact on business performance.

The Supply Chain “Change” Dilemma!

Kinaxis

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

Your supply chain is costing you money – Reason #4 Making key decisions by modelling the supply chain in Excel

Kinaxis

Companies that are forced to use Excel to manage large swaths of their advanced supply chain planning. You need to be able to see where inventory exists, what capacity is available and what the issues are.

Six Sigma Tools and Inventory Management

EMERGE App

Instead, it refers to a quality management improvement process used by large scale manufacturers. At first glance, there may not be much synergy between Six Sigma and inventory management. Define design goals that are compatible with customer demands and the business strategy.

Supply Chain Professionals Speak on Delivering Better Business Outcomes with Kinaxis

Kinaxis

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.

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A River Runs Through It…

Supply Chain Shaman

It is the river of “demand.” While most companies attempt to shape demand–through promotions, new product launch, pricing, sales incentives and marketing–they confuse demand shaping with demand shifting. A Focus on Demand Flows.

Remembering: Turning Visibility into Possibility by Don Gaspari, NCR at Kinexions

Kinaxis

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.

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Will the Internet of Things (IoT) Help Eliminate Information Latency and Deficiency in Supply Planning?

Kinaxis

A multitude of challenges are emerging from a rapidly evolving supply & demand environment that warrant a fresh look at planning – really to assess the level of entropy ! Demand management General News Inventory management Sales and operations planning (S&OP) Supply chain management

Elephant in the Room: Thoughts on Metrics That Matter in Semiconductor and Hard Disk Drives

Kinaxis

Understanding inventory planning will take on a new dynamic. The ‘bullwhip effect’ certainly plays a role here, creating wide fluctuations (over and under) of supply and demand – due to disorganization, lack of communication or miscommunication, incorrect demand information, etc.

On-demand Recording of Purposeful Collaboration: What It Could Mean for Your S&OP Process

Kinaxis

Demand management General News Inventory management Milesahead Sales and operations planning (S&OP) Supply Chain Events Supply chain management by Melissa Clow.

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Conflicts That Cause Companies to Stockpile SKUs

Supply Chain @ MIT

Featured Strategy demand management inventory merchandising MIT CTL SKU rationalization supply chain finance too many SKUs

Live Webcast: Continuous S&OP for Life Sciences – Breaking the Mold

Kinaxis

Demand management General News Inventory management Milesahead Supply Chain Events Abbott Laboratories Alan Lepofsky American Horror Story Anaplan Business process Cell Therapeutics CNOOC Limited Eastern Time Zone Kinaxis Supply chain by Melissa Clow.

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Managing Inventory in the Age of Grocery Delivery and Curbside Pickup

AFFLINK

Grocery stores and big box stores are faced with the need to constantly evolve to meet growing consumer demand for near instant and effortless fulfillment. Due to this increase in demand, managing inventory can be a challenge, but consumer interest in these services makes it a necessity.

The Next Great Disruption Coming to Supply Chains

Kinaxis

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”. In essence, the consumer is putting a postponement demand on the brand.

Accenture – 10 Years After: How Close Are We to True Demand-Driven Supply Chains? SupplyChainBrain & Kinaxis Video Series

Kinaxis

It’s been about a decade since companies began talking about the dream of a truly “ demand-driven ” supply chain. It’s been 10 years since companies began striving to create “demand-driven” supply chains. Teradyne – Managing Demand: How Agility Replaces Predictability.

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Top 15 Supply Chains to Admire from the Supply Chain Insights Conference

Kinaxis

While other “lists” use ROA, Inventory Turns and Revenue Growth, I find Lora’s science very objective. She is analyzing growth, inventory turns, operating margin, and return on invested capital, performance and improvement over time. . “

5 Considerations When Evaluating your ERP system’s Forecasting Capabilities

The Smart Software

Consider what is meant by “demand management”, “demand planning”, and “forecasting”. These terms imply certain standard functionality for collaboration, statistical analysis, and reporting to support a professional demand planning process. However, in most ERP systems, “demand management” running MRP and reconciling demand and supply for the purpose of placing orders.

Your supply chain is costing you money – Reason #3 Not having end-to-end supply chain visibility

Kinaxis

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. by John Westerveld.

What the Analysts Are Saying About…A&D Supply Chains

Kinaxis

The challenge is balancing reduced material delays with rising inventory levels and longer Days of Inventory. by Bill DuBois. Are you looking for some reading material to pass the time on your next flight?

Teradyne – Managing Demand: How Agility Replaces Predictability – SupplyChainBrain & Kinaxis Video Series

Kinaxis

With consumer markets more volatile and unpredictable than ever before, companies need to make up for a lack of forecast accuracy with supply chains that can rapidly respond to changing demand , says Chris Vosse, business systems analyst with Teradyne.

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A Focus on Hospital Supply Chain Management Challenges and Opportunities

Supply Chain Matters

The Supply Chain Matters blog highlights an interview with the CEO of Management Health Systems , now rebranded as Syft , and the particular supply chain managements of hospital supply and patient demand networks. .

Avaya & Accenture – Supply Chains of the Future: Where Will We Get the Talent? SupplyChainBrain & Kinaxis Video Series

Kinaxis

Companies have been investing in supply-chain technology for 20 years or more – yet many are still far from the goal of creating global, demand-driven networks. We have more data than ever before, yet we can’t see the inventory.”. Demand is more volatile than ever, Green notes.

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Qualcomm: What’s Wrong With Traditional S&OP? – SupplyChainBrain & Kinaxis Video Series

Kinaxis

By the time you get in front of the management team, that data has already changed,” Beveridge says. They focus on the state of the company’s supply and demand balance , with an eye toward making “immediate course changes” if necessary.

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Are we playing Sudoku or forecasting a business?

Supply Chain Nation

One of the key questions any demand planning organization must answer is ‘at which level(s) should I generate forecasts?’ Forecasting boxes of deck nails in retail stores for the purpose of positioning inventory? Considering a JDA Demand upgrade?