Vinculum

JUNE 3, 2020

Inventory management plays a vital role in building a sustainable, scalable and profitable eCommerce business. No matter how expert you are, how bigger or smaller your business may be, what products you sell, or who do you serve, lack in your inventory management can bring bigger challenges in your business success.

Inventory Management Software 59

Inventory Management Software Forecasting Software Supply Chain Planning Software Demand Planning Software 59

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Supply Chain Shaman

MARCH 9, 2020

Simplistic thinking of trading-off customer service, inventory and cost became much, more complicated with the shifts in asset strategies. As companies outsourced—greater dependency on third parties for manufacturing and transportation—and asset utilization grew from 10% to 35% ROIC the management of the supply chain became more complex.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. 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. inventory turns.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

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. ” I am in the middle. Everyone has a bias.

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

Kinaxis

SEPTEMBER 17, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. So a scheduler at one plant has no visibility as to the inventory position, capacity or material supplies at another plant. by John Westerveld. Not having end-to-end supply chain visibility.

Supply Chain Planning Software 263

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

Logility

FEBRUARY 23, 2022

and Demand Management, Inc., This marks Logility’s seventeenth year and Demand Management’s thirteenth year of recognition. During the quarter, Demand Management announced a strategic partnership with Royal Cyber, a leading IT consultancy and solutions provider. Demand Management, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software 130

Logility

JANUARY 16, 2018

Sometimes demand planners focus too much on forecast accuracy and miss seeing the forest for the trees. I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics. Here in lays the crux of the issue with demand sensing.

Supply and Demand 102

Supply and Demand Demand Planning Software Forecasting Supply Chain Planning Software 102

ThroughPut

JANUARY 2, 2023

The Demand Sensing Module is a strong data-driven go-to planning and forecasting tool, to accurately analyze and correlate demand insights and respond to fluctuating margins and inventory needs. “ Demand Sensing is the first step of putting your end-to-end supply chain on autopilot.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 52

Kinaxis

FEBRUARY 5, 2015

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. How predictable is the demand? Let’s find out.

Forecasting 100

Forecasting Supply Chain Planning Software Forecasting Software Scenario Planning 100

Supply Chain Shaman

JULY 22, 2016

A Focus on Horizontal Processes to Support Demand Flows. A Focus on Demand Flows. The river of demand has many tributaries. Each demand segment is a tributary forming the river. Learn to navigate the river of demand. Realize that, within the organization, the concept of demand as a flow is not well understood.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Shaman

AUGUST 26, 2015

” Today, I know of less than twenty-five companies that actively sense demand, and while we talk about the use of channel data and the building of demand sensing processes to use channel data, it is still an elite group of supply chain leaders that are perfecting the techniques. And, what will signal an upturn?”

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

ThroughPut

MAY 20, 2021

Covid-19 has distressed the global supply chain and manufacturing networks in every country. The pandemic sent shock waves across the manufacturing world in an unexpected and unprecedented way. For the first time in digital manufacturing history, demand, supply, and workforce availability have been affected globally at the same time.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 40

ThroughPut

MAY 20, 2021

Covid-19 has distressed the global supply chain and manufacturing networks in every country. The pandemic sent shock waves across the manufacturing world in an unexpected and unprecedented way. For the first time in digital manufacturing history, demand, supply, and workforce availability have been affected globally at the same time.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 40

Talking Logistics

APRIL 27, 2015

The first element are the comprehensive set of strategies covering all the functional elements of your supply chain, including supply management, procurement, demand management, production, inventory management, distribution, customer service, and reverse logistics.

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Strategy 100

Aera Technology

DECEMBER 20, 2018

Manufacturers are facing SKU proliferation to go to new markets and to answer consumer demand for more personalized products. Yet because those systems are typically disconnected silos, CPG manufacturers still lack the holistic view of the supply chain they need. Plus, new market pressures are raising the stakes for OTIF.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Inventory Management Software 40

Logistics Bureau

NOVEMBER 16, 2020

These include the following: Certified Purchasing Manager (CPM): The course is designed to recognise those who have acquired an acceptable level of training, skills, work experience, and effectiveness as a Professional Manager. Finance managers. They also need to keep a check on inventory levels and identify obsolete stock.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Arkieva

JUNE 28, 2016

We might use “availability in Excel directly or with Add-ons” as an “age metric’.). Demand Management. Moving from a point estimate of demand to capturing the likelihood in a usable fashion. Identify latent demand opportunities. Demand Shaping based on buy patterns and your production and inventory capabilities.

S&OP 63

S&OP Procurement Analytics Analytics Software Supply and Demand 63

Kinaxis

AUGUST 29, 2014

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Semiconductor is poised to consolidate, which will have huge impact on the metrics. Understanding inventory planning will take on a new dynamic. by CJ Wehlage. Growing Complexity.

Metrics 171

Metrics Supply Chain Planning Software Manufacturing Procurement Thailand 171

Supply Chain Opz

JUNE 1, 2014

Manufacturing systems and regulatory compliance are considered to be very complex, coupled with the limited number suppliers due to the high barriers to entry. Moreover, the aircraft manufacturers have to do whatever it takes to win the order long before the commencement of production. Many industries try to imitate Dell''s success.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Supply Chain Shaman

MARCH 8, 2016

Over the last decade the use of Terra Technology’s DS product improved short-term demand forecasts by 37% at 13 consumer products, and food and beverage companies. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The Path Forward.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The question was, “How can I redefine demand planning processes to use channel data?” This blog post started a series of telephone calls. The taxonomies and goals are different.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Or is it the use of the Internet of Things to transform manufacturing or reduce issues with counterfeiting?

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Kinaxis

SEPTEMBER 16, 2014

While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. While other “lists” use ROA, Inventory Turns and Revenue Growth, I find Lora’s science very objective. There has been so much discussion on the “top” supply chain lists. So, drum roll please….

Supply Chain Planning Software 279

Supply Chain Planning Software Gartner Supply Chain Design Software Agile and Lean Supply Chain 279

BlueYonder

APRIL 24, 2023

Even for companies who have implemented supply chain solutions, the replication of data (with each application having its own data store) and latency in data updates from one solution to another preclude manufacturers from achieving synchronized near real-time response. The end result?

Optimal Sourcing 71

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 71

ShipBob

OCTOBER 24, 2022

You never really know how it will all turn out, yet you need to be able to answer questions like these: How many units of inventory do you need to have on hand to be at full stock for each SKU? How often do you project to replenish inventory ? Maybe you only have a slight understanding of demand for your products.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Unleashed

OCTOBER 5, 2023

Warehouse management encompasses a range of tasks, including: Inventory tracking Order fulfilment Organising storage spaces Optimising layouts Managing personnel Efficient and organised warehouse management plays a crucial role in supply chain management by contributing to timely deliveries and overall customer satisfaction.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

Aera Technology

NOVEMBER 2, 2017

By Shariq Mansoor Over the past decade, in an effort to keep up with an accelerating pace of business, manufacturing companies have invested billions of dollars into optimizing and automating their supply chain. Aera Technology announces the launch of its Cognitive Skills.

Supply Chain Software 58

Supply Chain Software Prescriptive Analytics Software Supply Chain Optimization Agile and Lean Supply Chain 58

Material Handling & Logistics

OCTOBER 11, 2017

The longer the lead time is, the more inventory you will need to hold and the greater the risk that you will have shortages of the things you really need. Many companies try to overcome this problem using ERP systems, demand management tools and other advanced software. I am paying half the price so I am prepared to wait.”.

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Lean Inventory Reduction Price Reduction 83

ShipBob

DECEMBER 13, 2021

For starters, you’ll have to come up with a viable way to store your inventory so that your margins are high while your risks remain low. Also called bonded cargo, these goods can either be finished products that are ready to sell to the customer or raw materials that need to undergo manufacturing before they are released.

Warehousing 52

Warehousing 3PL Negotiating Skills Purchasing Skills 52

Supply Chain Shaman

JUNE 28, 2020

On Thursday morning, I began an engagement with a food manufacturer attempting to drive “Supply Chain 2.0. Less than 15% of Companies use technologies to set targets for the form and function of inventory, and less than 29% of companies quickly access and manage total cost information. Management of Complexity.

Cost Reduction Strategies 418

Cost Reduction Strategies Inventory Reduction Supply Chain Design Software Modeling 418

Logistics Viewpoints

OCTOBER 5, 2021

Logistics professionals needs to shift from a tactical focus on the disparate activities of order, warehouse and transportation management to a more strategic perspective that considers the performance of the holistic supply chain. More Than Ever, Acting Sustainably Makes Good Business Sense. And with good reason.

Logistics Network Optimization Software 211

Logistics Network Optimization Software Resource Reduction Waste Reduction Cost Reduction Strategies 211

Supply Chain Shaman

SEPTEMBER 13, 2021

Trade-offs include options like an alternate bill of materials, a shift in sourcing, or the move to outsourced manufacturing. If I do an excellent job at safety stock management, my company will have the right levels of inventory. Order and shipment patterns are a good proxy for future demand. These assumptions are false.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195