ToolsGroup

DECEMBER 16, 2021

Intelligent demand management software is the key technology enabler of lean retail merchandise management. Inventory is retailers’ greatest asset AND liability. Nearly all of most retailers’ capital is tied up in their inventory, so it’s crucial to make sure that every item counts. Retailers are losing $1.75

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

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

SEPTEMBER 13, 2021

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. Call the cross-functional strategy whiteboard meeting, and map the issues over the last year. Focus on the Form and Function of Inventory.

Supply Chain Planning Software 195

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

Talking Logistics

APRIL 27, 2015

An important component of that foundation is defining and implementing an effective transportation strategy – a topic that I discussed with Eric Meister, LeanLogistics’ former COO, in a follow-up episode. Key questions include, what is the variability of your demand and supply? How predictable is your demand and supply?

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Strategy 100

Supply Chain Shaman

JUNE 30, 2018

Companies with the lower score on the Index are driving faster rates of metrics improvement. Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)).

Supply Chain Design Software 161

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 161

Silvon Software

JANUARY 25, 2023

The demand planning process must be easily understood and should convey who does what, and by when. At a minimum, sales should start with a statistical base forecast and historical data provided by the demand manager and make incremental changes each month. Tie forecast metrics to operational and financial metrics.

Supply and Demand 106

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 106

Supply Chain Shaman

JUNE 15, 2018

But how do companies best translate strategy to action? My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. Figure 1: Supply Chain Metrics Are a Balancing Act. What choices drive the. best results? improvements.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Kinaxis

JULY 18, 2014

Even if you’re not you should check out Supply Chain Insights, Supply Chain Metrics That Matter. Companies like Lockheed Martin, are looking at new strategies for materials (raw or otherwise) that are harder to source, especially in the cases where increased Supply Chain volatility have thrown a wrench in their “Just In Time” approach.

Supply Chain Planning 224

Supply Chain Planning Supply Chain Design Aerospace Supply Chain Strategy 224

Supply Chain Shaman

AUGUST 7, 2019

Recently, I conducted a strategy session was with a major consumer products company selling cosmetics. The company wanted to launch a digital strategy, but the digital supply chain team had never connected with the firm’s digital marketing team to understand how the two groups’ efforts could be intertwined.

Supply Chain Design Software 250

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

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

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

Supply Chain Shaman

MARCH 9, 2020

The answer is to increase modeling, evaluate sourcing strategies, and build the right push/pull decoupling points. Here I share three strategies to consider to eradicate some of the barriers. A low-level employee with one-to-two years of experience will never be successful at the helm of driving a large corporation’s planning strategy.

Supply Chain Design Software 297

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

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

ShipBob

SEPTEMBER 11, 2023

Having a single source of truth offers businesses an easy way to view how much inventory is coming in or going out, how many sales are being generated from each channel, and where any bottlenecks might be occurring. This lack of uniformity led to a reduction in inventory movement visibility. “We

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Sourcing Strategies 52

ThroughPut

JANUARY 2, 2023

The Covid-19 pandemic has reset perspectives, priorities, and strategies across the supply chain industry. Moreover, it has resurfaced the importance of capacity planning and utilization based on the ever-changing demand-supply dynamics. “ 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

Taulia

OCTOBER 17, 2022

The measurement of cash flow is key to efficient cash flow management. Key metrics for measuring cash flow include: 1. The cash conversion cycle (CCC) : The time in days that it takes a firm to convert investment in inventory and other resource inputs into cash flows from sales. Shortening the cash conversion cycle.

Optimal Sourcing 81

Optimal Sourcing Expense Reduction Inventory Reduction Forecasting 81

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

In my work with supply chain clients, teams change, business strategies shift and dramas unfold. It is the river of “demand.” On an ongoing basis I view supply chain strategy documents. A successful leadership team learns to dance with demand. A Focus on Demand Flows. What is it? The lesson?

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Logistics Viewpoints

OCTOBER 5, 2021

Those customers who were quick to recognize new conditions, and respond with innovative strategies, have fared far better in the face of continuing uncertainty than companies taking a more reactive stance. But at Blue Yonder, we noticed an interesting phenomenon.

Logistics Network Optimization Software 211

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

Alloy

AUGUST 20, 2019

But out of that weekly or daily data deluge, what are the crucial metrics? And how do they inform better strategy and execution moving forward? This metric is the best indicator of true demand because it measures when an end consumer actually buys a product, not just when a retailer places an orders, or sell-in.

Negotiate Pricing 40

Negotiate Pricing Negotiating Skills Alloy Price Reduction 40

ThroughPut

MAY 20, 2021

For the first time in digital manufacturing history, demand, supply, and workforce availability have been affected globally at the same time. Covid-19 pandemic has reset perspectives, priorities, and strategies. Demand Sensing is the first step of putting your end-to-end supply chain on autopilot.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 40

ThroughPut

MAY 20, 2021

For the first time in digital manufacturing history, demand, supply, and workforce availability have been affected globally at the same time. Covid-19 pandemic has reset perspectives, priorities, and strategies. Demand Sensing is the first step of putting your end-to-end supply chain on autopilot.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 40

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 11, 2021

Along with the forecasts for virus containment and economic recovery these changes are essential for forming retail strategies. . At the beginning of the pandemic, the demand for items like cleaning supplies like tissue paper rolls, readymade snacks or ready-to-cook food items, vitamins, supplements, and others was high.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

Supply Chain Opz

JUNE 1, 2014

Boeing and Airbus Supply Chain Strategy Boeing wants to encourage more flight frequency and direct route using a smaller capacity aircraft. Product design is also the central part of its strategies. Zara is very famous for its time based strategy. H&M aims to be the price leader in the fashion market.In

Case Study 239

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

ThroughPut

MAY 11, 2021

Along with the forecasts for virus containment and economic recovery these changes are essential for forming retail strategies. At the beginning of the pandemic, the demand for items like cleaning supplies like tissue paper rolls, readymade snacks or ready-to-cook food items, vitamins, supplements, and others was high.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

MAY 11, 2021

Along with the forecasts for virus containment and economic recovery these changes are essential for forming retail strategies. At the beginning of the pandemic, the demand for items like cleaning supplies like tissue paper rolls, readymade snacks or ready-to-cook food items, vitamins, supplements, and others was high.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

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

Logility

MAY 2, 2021

But it fails to incorporate the natural distinctions across a spectrum of scenarios that warrant different decisions at different times, across different functions, across different product families and across different distribution channels to drive profitable growth strategies and margins. The Complexity and Limitation of That One Number.

Forecasting 149

Forecasting Forecasting Software Procurement Analytics Prescriptive Analytics Software 149

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. I hope that this helps.

Supply Chain Planning Software 150

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

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. The mission for most companies is to drive transformative growth strategies. Let me explain.

Supply and Demand 150

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