Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Logistics Viewpoints

OCTOBER 12, 2023

The same “If” statement was repeated for a host of financial and operational metrics. The following will delve into some of the intricate farm-to-table challenges that supply chains face across sourcing, demand planning, procurement and inventory management, transportation, and warehousing.

Supply Chain Design Software 228

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 228

Logility

AUGUST 25, 2020

Poorly implemented demand planning software mis-forecasts demand for branded sneakers. Demand planning systems unable to forecast demand-slowing associated with economic meltdown. in inventory write-down and 20% drop in stock value. A few of the most infamous are listed below. The common thread?

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Supply Chain Shaman

JULY 12, 2022

Growth agendas with the spiraling demand require cash, supplier shortages necessitate the shortening of payables, and the longer/more variable transport lead times decrease inventory turns increasing the need for cash. The Dollar stores are struggling with higher inventory levels, but are outperforming the sector. The answer?

Supply and Demand 217

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 217

Supply Chain Game Changer

NOVEMBER 3, 2022

This information can help companies manage inventory levels and improve customer service and engagement. Procurement Management. Procurement is one of the most important parts of supply chain management because it determines which suppliers you work with and how much they charge for their products or services.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supply chain–takes longer to recover. Retail shelves are increasingly empty.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. What’s the difference?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Kinaxis

MARCH 7, 2018

“In the beginning, it was tough,” admits Benji Green, Avaya’s Senior Director, Integrated Supply Chain Planning & Operations, in a recent article published by Supply Chain Digital. “12-hour Tracking success: Metrics matter. Now Avaya is leading the way, exceeding industry benchmarks in 11 key metrics. Supply planning.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Case Study 141

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. I pulled up my covers to go to sleep four hours later. Background.

Supply Chain Design Software 195

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

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supply chain–takes longer to recover. Retail shelves are increasingly empty.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supply chain–takes longer to recover. Retail shelves are increasingly empty.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

RFgen

APRIL 20, 2023

OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? With the growing reliance on digital technologies and reliable data, Oracle Fusion Cloud SCM has emerged as a powerful platform, enabling organizations to optimize their inventory control practices.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

Supply Chain Shaman

JUNE 5, 2013

Management and planning of the entire network against a value network strategy. Integration of corporate social responsibility metrics in planning. Recognition of asset strategies in go-to-market plans. Ad hoc design planning often focused on a function of the supply chain. Focus is on matching demand and supply.

Supply Chain Planning Software 216

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

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Supply Chain Game Changer

JULY 21, 2021

Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. Procurement Cost. Inventory Turnover (Cash). Product Management KPIs! Get Our EBOOK HERE.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

Unleashed

DECEMBER 11, 2022

That’s why, with so many possible variables to track, it’s critical to know which metrics matter most. However, tracking 50 irrelevant warehouse metrics is far less valuable than tracking a few hyper-useful ones. How to improve order lead times: Procure reliable carriers and suppliers.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

Logility

APRIL 2, 2020

3 Get the metrics right. Supplier metrics should be captured about monthly. Building a new supplier scorecard program can have a major impact on the costs and value of your procurement and purchasing functions. Check out this white paper, Leveraging Inventory for Profitable Growth. 4 Update your data frequently.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

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

ToolsGroup

SEPTEMBER 25, 2019

Sixty-three percent of respondents said they would look for reduced cost as an outcome of planning digitization, 54% said improved service levels, and 42% are seeking faster delivery. 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

ToolsGroup

OCTOBER 4, 2016

In a presentation about Costa Express , Chris Clowes described how just one planner handles the planning for 5600 points of sale. Costa calls their transformation "revolutionary" with significant improvements in operational and logistics metrics and an approximately 10X increase in points of sale.

Supply Chain Planning Software 254

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 254

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. 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.

Supply Chain Planning Software 278

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

NC State SCRC

NOVEMBER 6, 2017

The Supply Chain Resource Cooperative held its first ever “Executive Roundtable on Excess and Obsolete Inventory” on the NC State campus on October 25, 2017. Executives need to deal with inventory issues as they arise! Is there a senior management team committed to driving down Excess and Obsolete inventory levels.

Inventory Reduction 58

Inventory Reduction Forecasting Inventory Supply Chain Design Software 58

ToolsGroup

SEPTEMBER 20, 2022

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Optimize spare part inventories.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

QAD

MAY 31, 2023

They plan department by department with little or no collaboration between the other groups in the organization. Typically individual group performance metrics of the different parts of the organization conflict with those of the other teams. This is a problem.

Supply Chain Planning 52

Supply Chain Planning S&OP Scenario Planning Agile and Lean Supply Chain 52

ShipBob

FEBRUARY 26, 2024

Demand and supply management During the demand and supply management phase, you focus on planning your orders to ensure accurate and timely replenishments. This requires forecasting orders based on anticipated demand (i.e., seaonal demand , holidays and peak season , etc.) How many units do you expect to sell?

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Logility

JANUARY 22, 2014

All these moves have added complexity to the demand planning challenge. Against this backdrop, it is interesting that many companies still depend on spreadsheets for demand planning and S&OP , as noted in the recent survey by APICS ( see Are Spreadsheets the Answer , SC Digest, September 2013 ). I think so.

Demand Planning Software 101

Demand Planning Software Supply and Demand Supply Chain Planning Software Demand Management 101

Unleashed

JULY 10, 2023

What is Sales and Operations Planning? Sales and Operations Planning (S&OP) is the process of aligning demand planning with supply planning and financial planning to create an integrated business strategy. Delivery workflows – transport methods and the tracking of in-transit inventory.

S&OP 40

S&OP Supply and Demand Supply Chain Planning Software Inventory Reduction 40

New Horizon Supply Chain Blog

JUNE 18, 2022

Recently I was part of conversation with a new client demand planning team. On the other hand, if you are in procurement at the same company and are responsible for buying milk from dairy farms, the item/store/daily forecast is more detail than you need. Corporate Politics Should Not Drive the Forecast Level.

Forecasting 52

Forecasting Supply Chain Planning Scenario Planning Supply and Demand 52

Unleashed

JANUARY 10, 2023

That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. Supply chain planning strategies Supply chain planning can be tackled all at once or piecemeal depending on the size of your team.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Supply Chain Action Blog

JULY 8, 2021

After a short stint in manufacturing process engineering in another industry, she got interested in the business side of things and moved into supply chain planning, starting in demand planning. Through her affinity for math and her attention to detail, Amanda earned a couple of promotions and is now a senior demand planner.

Forecasting 40

Forecasting Forecasting Software Optimal Sourcing Modeling 40

Unleashed

APRIL 12, 2023

B2B fulfillment, also called business-to-business fulfillment, is when one business supplies inventory to another business or retailer, either to use within the business or for resale to their customers. B2B procurement contracts can last for prolonged periods and be worth millions of dollars. What is B2B fulfillment?

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

Talking Logistics

SEPTEMBER 22, 2015

Some of our clients with very complex supply chains, for example, are leveraging demand classification, inventory optimization, and simulation technologies that can incorporate large data sets and include end-to-end modeling of flows down to the SKU-level to understand inventory stocking levels.

Supply Chain Design Software 100

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

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Blog post and permission to publish provided by Milan Vyas.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286