Remove Demand Planning Remove Information Remove Inventory Remove Transportation

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

The combination of technology along with the advancements in transportation made it possible. Inventory Turns. Better performance in inventory turns than the peer group average for the period of 2006-2015. Insights on Defining Global Planning Processes.

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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.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

Basic economics rule: declining demand and increase in cost due to tariff costs. Our supply chains are weaker at planning. In my heart, I am a supply chain planning gal. Bottom line, we have stalled innovation in the supply chain planning market.

How Transportation’s Role is Changing in Today’s Market

CH Robinson Transportfolio

Many would argue that the role of transportation services within business has been changing over the past few years. But I also ask: is transportation what has really changed? Or is transportation only becoming increasingly important because of everything else that has changed?

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?

For Every Tom, Dick, and Harry

Supply Chain Shaman

His first call was on Sales & Operations Planning, and his new inquiry was on S&OP. The group doing the planning feels disenfranchised. I asked if he had read my article, Have You Given Your Demand Planner Some Love Today? LLamasoft Demand Guru and Digital Twin.

Why Blockchain Within The Supply Chain Makes Perfect Sense


These complexities, layered with globalization, shorter product life cycles , and associated volatility in demand planning, has produced the most dynamic supply chain landscape we have ever experienced. Here are just a few entry points: Distributed and Decentralized Database With a complex and dynamic supply chain management landscape, stakeholders need one harmonized data repository on which to rely for updated information.

Supply Chain Convergence: A Rising Tide that Lifts All Boats


In the supply chain world, when the disciplines of planning and optimization converge, it’s like a rising tide of synergy that lifts all boats. For example, better demand planning can create a more accurate demand signal that drives smarter inventory optimization decisions.

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Closing the loop: Why brewers should love to recycle


In light of the SKU proliferation in beer, it is increasingly important for brewers to thoroughly assess the movement of their empty containers to manage inventory levels. The planning challenges of empty containers are: Accurately predicting the return of empties from customers.

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. SCM involves the flow of materials, finances and information. Subscribe Here!

What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

The logistics of physical items usually involves the integration of information flow, materials handling, production, packaging, inventory, transportation, warehousing and often security. SCM #SupplyChain #supplychainmanagement #logistics #freight #transportation #distribution.

How to boost relationships between shippers and 3PLs


On the other hand, there is always the demand to deliver on the highest level of quality possible. So how will logistics planning and optimization technology help 3PLs to overcome these challenges? This is useful on many different planning levels. Transport & Logistics

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Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow


Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 The retailer also instituted cross-docking at its warehouses, a method that moves inventory directly from arriving or departing trucks.

Want to Improve Supply Chain Performance and Profitability?


In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. Limitless access to this information, necessary to make critical business decisions, is not feasible if even a single data silo exists.

Want to Improve Supply Chain Performance and Profitability?


In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. Limitless access to this information, necessary to make critical business decisions, is not feasible if even a single data silo exists.

Six Must Have Supply Chain Capabilities for Success in the Food and Beverage Industry


The food & beverage industry faces a lengthy list of unique challenges from long raw material lead-times and volatile commodity pricing to safety and quality requirements combined with high demand uncertainty, frequent new product introductions, perishability and complex manufacturing constraints. Consensus Demand Planning. However, developing a demand plan that people in different areas and roles can use to build individual operating plans can be very challenging.

Why Retailers Are Struggling With Ship-From-Store Fulfillment

Supply Chain Brain

Direct delivery from the store requires a whole new approach to inventory, Gorlin says. At the most basic level, retailers must know exactly what’s in their stores, then be able to accurately convey that information to the online shopper. But that assumes a level of inventory visibility across all outlets — not to mention the ability to transfer product between stores with minimal fuss. How do seasonal trends affect local demand?

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Top 8 software every FMCG company should invest in


Recommended software: DMS Pro Information: A cloud-based DMS that helps business eliminate manual sales processes, estimate promotions precisely and control all distribution activities. A transportation management system might be the key to lessen your burden.

Supply Chain Planning in Emerging Markets: Four Points to Remember


Supply chain planning in emerging markets is different. In previous years, many companies only focused on getting product into Jakarta (the country’s largest city) and satisfying demand there. Difficulty gathering information. Not knowing how much inventory is at each location.

Reflections on Integrated Supply Chain Planning

Supply Chain Shaman

In the presentation, I shared data on the evolution of supply chain planning and the results on user satisfaction. The use of best-of-breed planning technologies was small at 15%. Summary Data of User Satisfaction with Supply Chain Planning Applications.

Demand Driven: Can We Sidestep Religious Arguments?

Supply Chain Shaman

Unfortunately, I think the concept of “Demand Driven” is headed down the same path. Let’s face it, the definition of demand-driven is evolving. As a result of growing item complexity, the demand profiles become lumpier with increased demand latency.

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6 Supply Chain Disciplines to Enable Profitable Growth

Talking Logistics

Supply chain management spans many functions and processes, including demand planning, sourcing, merchandising, supplier relationship management, inventory management, inbound and outbound transportation, distribution management, and store operations.

Machine Learning in Supply Chain Planning


The evolution to using artificial intelligence and machines that learn in supply chain planning is inevitable. Still typing “Machine Learning AND Supply Chain Planning” into Google delivers more 16,000 results in less than half a second. Are we ready?

A Dorm Room Degree in Durable Goods 101


Above all, it is vital to anticipate market changes far enough in advance to mitigate risks and take advantage of opportunities, and that’s where Integrated Business Planning (IBP) comes in. The effort to ensure short delivery times often drives up inventory and transportation costs.

The key ingredient to optimizing your beer production capacity (it’s not what you think)


While customers are becoming increasingly demanding, the beer industry has seen a trend of consolidation between brewers, thus reducing their capacity over the years. The seasonal nature of the business also encourages brewers to work towards an optimal forecast, balancing demand and supply.

7 Benefits Realized Utilizing Big Data to Optimize Supply Chains


As a transportation management 3PL ourselves, we find it very interesting to come across other companies, also referred to as a 3PL, who offer services that require a lot of focus and attention to several moving parts.

Key Ingredients to Formulating a Winning Supply Chain Strategy in the Process Chemical Industry


Ensuring finished products meet the exacting tolerances of customers and regulating agencies requires superior planning. This is where you should focus your precious time and resources to create the greatest value: Accurate demand forecasts lay the foundation for an effective supply chain.

Do Wholesale Distributors Think in Terms of Supply Chain Optimization?


Faced with growing costs, demanding customers and paper thin margins (net margin is often under 1%), supply chain management often separates successful distribution companies from those that constantly struggle. Formalizing vendor-managed inventory consignment.

The Bullwhip Affect

The Lean Supply Chain

Simply put: inventory swings in larger and larger “waves” in response to customer demand (the handle of the whip), with the largest “wave” of the whip hitting the supplier of raw materials. The pulse of a lean supply chain is accuracy in demand planning.

Where Would We Be Without All of the BullS&%T?

Supply Chain Shaman

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Yet, they were viewing day old information. Connected Planning. Disconnected planning.

5 Ways for SMEs to Overcome Order Fulfilment Challenges


Small businesses have often struggled with order fulfilment and with the current demands of today’s global shoppers, it is more challenging than ever to create an efficient and effective order fulfilment system. Businesses face several challenges throughout the order fulfilment process, from demand planning and inventory control to logistics and supply chain optimisation. Demand planning. Read more about demand forecasting. Inventory control.

Operational Analytics and A Modern Data Hub Help Suppliers Meet Walmart’s OTIF Standards

Silvon Software

For one thing, suppliers are dealing with more and more SKUs as they enter new markets and respond to consumer demand for customized products. This hub should also allow the information to be consumed for demand planning, demand sensing and inventory management.

What If Your Supply Chain Had A Control Tower?


Their customers, too are demanding far greater visibility and control. The idea of a supply chain control tower emerged in 1990’s, triggered by the need to view and control the movement of goods in factories, distribution centers and pipeline inventories. Real time information.

Supply Chain at Your Fingertips


On Demand. The ability to access the information you need, when you need, regardless of where you are is paramount to staying ahead of the changing market and two steps in front of your competition. Cloud. Mobile. Analytics Everywhere.

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Enabling S&OP through Advanced Analytics


At the Informs Business Analytics Conference in Las Vegas last year, I spoke about the potential to enable S&OP / IBP through advanced analytics. ” Most companies have a mid-term, tactical planning process (SIOP, S&OP, IBP, etc.) Transportation Load and Route Optimization.