Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. It allows businesses to sustainably control stock and sell products despite shifts in customer demand or unexpected supply issues. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

Enterra Insights

JANUARY 14, 2022

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. Sometimes CPG manufacturers take the lead and sometimes consumers take the lead. Most business consultants today urge CPG manufacturers and retailers to become consumer-centric and demand-driven.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Logility

SEPTEMBER 9, 2023

The FDA closed a manufacturing facility in 2022 due to bacteria-related infant deaths and recalled products. Finally, US trade policies, including high import tariffs and stringent labeling requirements, are prohibitive towards increasing the imports of baby formula to the US in the short horizon.

Forecasting 131

Forecasting Modeling Forecasting Software Supply and Demand 131

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. My question is, “Why?” Growth requires cash.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. The Importance of Inventory Replenishment. Factors to Consider. Download Case Study. ABC Classification.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Moreover, the new policy of purchasing online and picking up in-store adds to the already high-stress environment for in-store employees.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Improved Customer Satisfaction A structured department is better equipped to handle customer demands. Analyzes data to predict future inventory requirements and avoid stockouts.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

FEBRUARY 11, 2019

In Figure 1, note the lowest satisfaction is Generation X (birth years of 1965-1980) in manufacturing organizations. Last week, the Wall Street Journal reached out to discuss the rising inventories near the Port of Los Angeles. In my share groups, large manufacturing clients have a Q1 freeze on travel. Planners hate this stress.)

Supply Chain Planning Software 183

Supply Chain Planning Software Modeling Software Demand Planning Software Supply and Demand 183

IQMS

MARCH 27, 2020

The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. In the process, it has highlighted an aspect of manufacturing ERP that is not as visible in more normal times— business continuity.

Manufacturing Procurement 64

Manufacturing Procurement Manufacturing Supply Chain Planning Software Demand Planning Software 64

Logility

MARCH 29, 2018

Today, we continue this conversation and look at six must have capabilities that drive supply chain improvement for F&B manufacturers. 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.

Beverage 100

Beverage Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 100

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

The Smart Software

AUGUST 30, 2022

Shortages on lead time variability, bad forecasts, and problems with bad data are facts of life, yet inventory-carrying organizations are often caught by surprise when any of these difficulties arise. The post The Supply Chain Blame Game: Top 3 Excuses for Inventory Shortage and Excess appeared first on Smart Software.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Forecasting 52

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? Do you have whiplash yet?

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

Logility

AUGUST 28, 2018

Planned obsolescence , or built-in obsolescence, is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete after a certain period of time. To some extent durable goods manufacturers can predict aggregate demand based on the average useful life for their products.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 100

Supply Chain Shaman

SEPTEMBER 10, 2020

For example, Campbells Soup is struggling to keep up with the demand for soup, potato chips, and cookies. For years Campbells strove to grow the soup category only to lose share in the soup category due to limited manufacturing capacity for the Swanson’s brand. Sales are up 12%. Supply is the challenge. Decision Support.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

ToolsGroup

SEPTEMBER 25, 2019

Additionally, 54% are seeking improved service levels in the coming year, and only 14% have a machine learning project underway, meaning for many AI-augmented planning is still more hype than adoption. Our customers overcome demand volatility and supply chain complexity for outstanding service levels with reduced inventory.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

Logility

AUGUST 28, 2018

Planned obsolescence , or built-in obsolescence, is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete after a certain period of time. To some extent durable goods manufacturers can predict aggregate demand based on the average useful life for their products.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 100

Logility

AUGUST 5, 2021

For example, protectionist trade policies, labor shortages, scaled-down logistics services, and higher-volume direct-to-consumer transactions have increased the cost of ingredients and finished products, left store shelves partially empty, and caused revenue loss. Integrated performance monitoring and measurement.

S&OP 130

S&OP Supply and Demand Beverage Optimal Sourcing 130

Supply Chain Shaman

JUNE 5, 2013

Mapping of demand streams by demand characteristics and frequent adjustment of the demand engines to improve optimization. Manufacturing is designed and planned in isolation. Focus is on a feasible plan. Management and planning of the entire network against a value network strategy. Manufacturing.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 216

Supply Chain Matters

APRIL 28, 2023

This second in this series provides a specific focus for the now growing importance for increased operational excellence and efficiencies for companies whose products are anchored in process and batch manufacturing process environments. It is a complex challenge requiring consistent and relevant information.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. Let’s check out the most common use cases.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Supply Chain Shaman

JULY 19, 2015

Benchmarking is a measurement of the quality of an organization’s policies, products, programs or strategies against standard measurements. However, for elements like forecast error, customer service and slow-moving inventory self-reported data is not sufficient. 4) Best Forecasters do not Have the Best Inventory Results.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Supply Chain Shaman

AUGUST 14, 2016

A demand network translates demand across multiple parties. The focus is on channel data: price; inventory positions; and policies. As markets shift, a demand network enables a clear understanding of market positions with minimal latency. Order Policy. Demand Sensing. Channel Sensing. Cost-to-Serve.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Unleashed

DECEMBER 11, 2022

Warehouse KPIs can be split into 6 categories: Performance Inventory Storage Receiving Order picking Safety For a complete understanding of how well your warehouse is operating, you need to be tracking KPIs for all the categories we just listed – this will help you focus on improving the areas that need the most attention right now.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

Supply Chain Shaman

JUNE 6, 2013

More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies. Leaders invest in new planning systems as part of an effort to drive business process innovation.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 278

Logility

MARCH 21, 2017

I am constantly amazed that an automotive manufacturer will design and market vehicles with top-end speeds of 180+ MPH and 0-60 speeds in the sub 4 second range. The inputs to constrained supply planning include supply chain constraints, supply chain status and business rules. Don’t get me wrong, I own three vehicles with 5.7L

Supply Chain Optimization 100

Supply Chain Optimization Supply Chain Planning Software Optimization Software Supply Chain Design Software 100

Synovos

FEBRUARY 21, 2023

Many of those responsible for indirect procurement pursue a policy of reducing the number of suppliers used, focusing on trusted partners that offer product selection, good value, technical backup and other resources such as value-add services for procurement, inventory and maintenance. The solution? Reliability.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

Vanguard Software

AUGUST 31, 2021

Whether your organization is an engineering or consulting firm, maximizing customer experience requires intricate planning and organizational tools. Capacity planning creates real value in ensuring businesses can meet customer demand, and it is a critical path for a positive customer experience. . Defining capacity planning.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Supply and Demand 40

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Types of Seasonal Demand.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

SupplyPike

APRIL 10, 2020

Learn how to: Keep your logistics on time and prepared Maintain your replenishment goals Properly forecast and redefine your demand plan Use technology to help. Shortages, extreme demand, and panic buying are causing issues up and down supply chains. This may include halting promotions for high demand products.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Logility

DECEMBER 15, 2023

This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning. Staying competitive in this intense landscape demands finely tuned operations that are highly efficient and effective – from product concept to customer consumption.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Adexa

DECEMBER 22, 2021

Sales and Operations Planning (S&OP) is, at its simplest, the integrated business planning (IBP) process of determining demand and supply. Today’s S&OP software, like that offered from Adexa, provides real-time integrated business planning, taking into account all capacity, material, and business constraints.

S&OP 52

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 52

Vanguard Software

MARCH 26, 2021

Demand Planning & Forecasting for Retail. Transportation methods Procurement Inventory policies Distribution costs Forecasting and demand planning Customer service levels. Download Brochure. What is Supply Chain Cost Optimization. Supply chain cost optimization includes: Raw material.

Optimal Sourcing 52

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 52

Logility

APRIL 20, 2017

Whether supplying a range of goods, or focusing on specialty products or add-on services, wholesale distributors act as aggregators of demand, buffering manufacturers from small orders and logistics complexity while placing inventory closer to consumers for faster delivery.

Modeling 60

Modeling Distribution Optimization Modeling Supply and Demand 60

Logility

MAY 25, 2011

He mentioned how the supply chain organization, particularly aftermarket parts , has changed and how they have had to evolve their forecasting and inventory management practices. Manufacturers and carriers are rolling out new ‘must have’ phones every month. New Product Introductions.

Industrial 100

Industrial Industry Manufacturing Procurement Modeling 100

DynaSys

MARCH 17, 2020

When we left our account of mid-market manufacturer Superior Thermodynamics (ST), the company was weathering a tremendous escalation of the US-China trade war and faced the following questions: . Scenario Planning: Absolutely Critical. Data management is one of the modern planning system’s greatest value adds.

Supply Chain Planning Software 93

Supply Chain Planning Software Scenario Planning Modeling Analytics Software 93

Slimstock

MAY 7, 2019

In 25 years of working with manufacturers and distributors, we know that demand planning and inventory optimization are evergreen topics in the auto industry. Irregular demand patterns and slow-moving parts require different forecasting and inventory models than used by common inventory and forecasting systems.

Inventory Reduction 40

Inventory Reduction Resource Reduction Cost Reduction Strategies Modeling 40