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.

Supply Chain Planning Software 257

Supply Chain Planning Software Inventory Reduction Modeling Cost Reduction Strategies 257

Supply Chain Shaman

SEPTEMBER 13, 2021

There is no true end-to-end solution that enables bi-directional orchestration across deliver, make, and source processes. The optimization routines single thread through functions not enabling trade-offs across source, make, and deliver. Order and shipment patterns are a good proxy for future demand. Labor Shortages.

Supply Chain Planning Software 195

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

Logistics Viewpoints

SEPTEMBER 13, 2023

Companies are sourcing materials from all over the world, and need to identify those regions which are most important, and which provide the greatest risk for disruptions. As part of its connected geo strategy, FourKites has expanded its operations to Japan, as it sees the country as an important link in the global supply chain.

Real-time Visibility 253

Real-time Visibility Supply Chain Planning Software Waste Reduction Supply Chain Network Software 253

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 297

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

QAD

APRIL 10, 2024

Thus, it can impact the efficiency of operations and increase inventory carrying costs. The adoption of demand forecasting tools can help overcome the challenges of demand fluctuation in a timely manner. This visibility into the accuracy of your demand forecasts has a direct impact in your business decisions.

Optimal Sourcing 52

Optimal Sourcing Forecasting Supply and Demand Forecasting Software 52

Logility

AUGUST 16, 2022

“We benefited greatly from the industry expertise at Logility and from their local implementation partner Demand Management Systems. To achieve its growth goals, iNova needed to unify and synchronize its strategy for supply and demand planning, sales and operations planning (S&OP), and inventory management.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Supply Chain Design Software Prescriptive Analytics Software 130

Logility

JULY 21, 2023

Companies find themselves struggling to serve customers, source materials, manage costs, handle supply constraints and shortages and, above all, gain visibility into what’s next. The latest generation of sales and operations planning (S&OP) applications are providing better tools for managing supply chains internally.

S&OP 196

S&OP Supply Chain Design Software Supply Chain Planning Software Supply and Demand 196

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 Inventory Reduction 263

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” Recently, I conducted a strategy session was with a major consumer products company selling cosmetics. 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 250

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

Logility

JUNE 8, 2022

Next Level Apparel – one of the leading wholesale producers and sellers of premium quality blank apparel in the United States – implemented the Logility ® Digital Supply Chain Platform to modernize its demand and inventory planning processes. The company selected Logility to support its ambitious growth strategy.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimization Software 173

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

Kinaxis

JULY 18, 2014

Think about those design, sourcing and delivery challenges. A supply chain based so heavily on external sources is susceptible to more risk than catching a flight on time out of Newark. The challenge is balancing reduced material delays with rising inventory levels and longer Days of Inventory. No registration required.).

Supply Chain Planning 224

Supply Chain Planning Supply Chain Design Aerospace Supply Chain Strategy 224

Supply Chain Shaman

NOVEMBER 12, 2018

Companies that are good at demand management understand the need for design–form & function of inventory and push/pull decoupling points –and the orchestration of demand to make better decisions in sourcing, transportation and delivery. Orders are not a good representation of demand.

Supply and Demand 167

Supply and Demand Modeling Inventory Reduction Manufacturing Procurement 167

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. But how do companies best translate strategy to action? Here I show orbit chart comparisons at the intersection of operating margin and inventory turns for the period of 2006-2017. best results?

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

SCMDOJO

JUNE 21, 2023

Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers. It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

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 156

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

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Practical Guides like Plan for Every Part (PFEP) , Demand Forecasting Methods or Stocktaking Procedure.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

BlueYonder

AUGUST 24, 2023

New data management strategies are changing the way businesses organize, structure and manage data. But most companies are simply overwhelmed by the sheer volume of available data – from suppliers, customers, partners, and third-party sources. Advanced technologies such as AI and ML depend on data for their success.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Network Software 69

Taulia

OCTOBER 17, 2022

Cash flow management involves overseeing and managing cash from all sources. Cash flows from financing activities are the inflows associated with the funding of a company from external sources and the costs associated with that funding. The measurement of cash flow is key to efficient cash flow management.

Optimal Sourcing 81

Optimal Sourcing Expense Reduction Inventory Reduction Forecasting 81

Logility

FEBRUARY 18, 2020

In other words, develop a strong strategy or your business might get left behind. Demand Planning applications rely on a series of algorithms to take historical shipment data and turn it into a forecast. In a demand management application, the system is continuously monitoring forecasting accuracy. Why the slow uptake?

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply and Demand 182

Supply Chain View from the Field

APRIL 1, 2015

When faced with these challenges, business units must then work together to define their functional strategies, which are a set of short-term and long-term plans that will support the enterprise strategy. Step 2 – Develop Metrics and Data Sources. Inventory Goal. However, the process is not yet complete.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

ThroughPut

FEBRUARY 14, 2024

Supply chain operations generate oceans of diverse data about customer preferences, trends, order changes, production operations, inventory levels, and logistics routes and costs. This data can generate tons of valuable insights to recommend decisions about demand fulfillment, production load balancing, logistics cost optimization, and more.

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

ToolsGroup

JULY 26, 2016

The problem is even more acute with long-tail items , where demand can range from less than half to more than twice the original forecast. They don’t know how to segregate, forecast or inventory these “extreme error” items. Even the UK’s National Health Service (NHS) is now gathering blood demand data from downstream hospitals.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? Source: [link] ). Source: [link] ). Source: [link] ).

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

USC Consulting Group

JANUARY 12, 2021

Download our eBook Challenges for the Metals Industry: How USC Consulting Group Can Help to learn the strategies USC is applying to help our clients overcome obstacles, like: COVID-19 safety protocol challenges. Demand management decisions. Fluctuating inventory. Supply chain disruptions. Supplier uncertainty.

eBook 52

eBook Inventory Reduction Groups Sourcing Strategies 52

Bristlecone

MARCH 31, 2020

Increasingly, businesses are driven by the need to improve productivity, minimize costs, reduce inventory and drive up asset utilization. The demand-supply disruptions are likely to continue due to the imbalances in the material flows across the globe. Here are six key strategies aimed at mitigating COVID-19’s impact on supply chains.

Modeling 52

Modeling Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Supply Chain Game Changer

MARCH 9, 2021

Suppliers for all materials and services have to be found, vetted, negotiated with, qualified, ramped up, tracked, managed, kept competitive and governed. Cash is king and cash flow management is the source of life, or the cause of death, of any company. That is the purview of Procurement. Outsourcing !

Supply Chain Planning Software 90

Supply Chain Planning Software Negotiating Skills Supply Chain Design Software Purchasing Skills 90

Enterra Insights

SEPTEMBER 18, 2018

Koenemann explains, “The amount of lead time required, combined with the lack of flexibility in typical supply chains, is making many overseas sources problematic. Moreover, distant suppliers inhibit an organization’s ability to react to changes in end-user demand. Lack of a Cohesive Network Management Strategy.

Supply Chain Software 100

Supply Chain Software Waste Reduction Inventory Reduction Price Reduction 100

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

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

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Product design is also the central part of its strategies.

Case Study 239

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

Supply Chain Matters

APRIL 18, 2022

Amoretty joined Carhartt in March 2018 as Vice President of Supply Chain Operations where he reportedly successfully collaborated with departments across the organization to align the global supply chain and corporate strategies to realize sustainable operational and cost efficiencies. Additional Insights.

Modeling 52

Modeling Apparel Modeling Software Supply Chain Planning Software 52

ThroughPut

APRIL 6, 2020

Also, companies with optimal supply chains benefit with 15% lower supply chain costs , less than 50% of inventory holdings and 3x faster cash-to-cash cycles. Are the inventory numbers being tracked accurately across the several stages of production? Demand management. Strategies for effective supply chain planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

Also, companies with optimal supply chains benefit with 15% lower supply chain costs , less than 50% of inventory holdings and 3x faster cash-to-cash cycles. Are the inventory numbers being tracked accurately across the several stages of production? Demand management. Strategies for effective supply chain planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

Supply Chain Matters

OCTOBER 10, 2023

In its reporting, Bloomberg indicated that Amazon has long practiced a strategy of taking stakes in business areas deemed a priority including a grocery chain, cargo airlines, EV powered parcel vans and others. This includes our October 10, 2023 edition of Supply Chain Matters This Week in Supply Chain Technology.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52

IQMS

OCTOBER 2, 2019

When production lines are running smoothly, product quality is up, and customer delivery dates are being met it’s a sure sign the supply chain management, inventory, and warehouse management systems supporting the shop floor are tightly integrated. What Matters Most In A Food & Beverage Supply Chain Management System.

Beverage 44

Beverage Supply Chain Planning Software Food Inventory Management Software 44