Logistics Viewpoints

JUNE 1, 2023

Now all retailers are re-assessing their sourcing strategies and looking for local alternatives to reduce risks, lead times and carbon footprint. This means continuously assessing the trade-off between the total cost to serve and meeting customer demand and minimizing lost sales.

Supply Chain Planning Software 194

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 194

ThroughPut

APRIL 30, 2024

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. The platform primarily helps predict demand and improve customer experience.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Logility

APRIL 2, 2020

If you can’t identify an outcome and a strategy to relate to the KPI, then you’ll be wasting time on data collection and analysis. Then, when you’ve deployed your scorecard and closely tied your KPIs to strategy, begin expanding your data collection and analysis. 3 Get the metrics right. Featured Download.

Negotiating Skills 157

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

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Effective inventory planning is essential to ensure you have the right inventory quantities to keep your operations running smoothly.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Logility

JULY 20, 2023

Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. Here are our answers to some of the most common questions about demand planning software.

Supply and Demand 187

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 187

SCMDOJO

AUGUST 16, 2023

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 76

ToolsGroup

SEPTEMBER 20, 2022

That’s why companies in the manufacturing sector are shifting from reactive to data-driven maintenance strategies. As competition increases, companies worldwide focus on delivering quality products through lean manufacturing strategies. One study found that 51% of consumers prioritize product quality over price when making purchases.

Manufacturing Procurement 156

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

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. This integration of supply and demand requires a special mix of business operations, procurement, accounting, and production.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93

ThroughPut

MARCH 25, 2024

This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. Demand forecasting is a cornerstone in the modern supply chain, enabling businesses to align their operations with market dynamics and customer needs.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 72

Unleashed

JULY 25, 2023

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. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Unleashed

JANUARY 10, 2023

The supply planning process involves: Forecasting customer demand based on historical data and market trends Identifying opportunities for optimisation throughout the supply chain Putting a strategy in place to capitalise on those opportunities. Either way, the first thing you should do is establish metrics and KPIs.

Supply Chain Planning Software 52

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

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

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

New Horizon Supply Chain Blog

FEBRUARY 23, 2024

Introduction We’ve written quite a few articles on specific aspects of demand planning, but we’ve never written an introductory piece for beginners or those looking for a refresher course. We plan to do this for sales and operations planning (S&OP) and some other areas of supply chain planning as well.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Supply Chain Game Changer

OCTOBER 28, 2020

But one of the hottest perennial topics – for candidates looking to develop their careers, as well as hiring managers developing their talent strategy – is always salary : What does the compensation picture look like for Supply Chain professionals?With 82% of the respondents reported a salary increase over the previous year.

Supply Chain Planning 98

Supply Chain Planning Supply Chain Strategy Purchasing Skills Supply Chain 98

Unleashed

MAY 30, 2023

Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. Anticipation inventory can be described as the inventory which is purchased in anticipation of expected increases in demand. For example, easter eggs purchased ahead of Easter, or pumpkins purchased ahead of Halloween.

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

ivalua

JULY 27, 2015

It’s true that the mental models and naming conventions we have been using to define procurement processes and categorize solutions are limited in definition, business process coverage, and scope. Perhaps it is time for a more comprehensive description. I’m going with Supplier Value Management.

Manufacturing Procurement 100

Manufacturing Procurement Vendor Strategies Sourcing Strategies Cost Reduction Strategies 100

ivalua

JULY 27, 2015

It’s true that the mental models and naming conventions we have been using to define procurement processes and categorize solutions are limited in definition, business process coverage, and scope. Perhaps it is time for a more comprehensive description. I’m going with Supplier Value Management.

Manufacturing Procurement 100

Manufacturing Procurement Vendor Strategies Material Savings Sourcing Strategies 100

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Supply Chain Game Changer

NOVEMBER 10, 2018

On the supply side, however, there is less and less room for manufacturers to absorb additional costs as volatile input prices put the squeeze on margins and the marketing investment required to differentiate branded products from private-label competitors continues to rise. Invest in the Right Infrastructure and People.

Optimal Sourcing 66

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

Supply Chain Shaman

SEPTEMBER 3, 2015

The successful answer depends on supply chain strategy and the building of strong processes to manage supply. Planning is not planning. The goal is to become consciously competent in managing the role of inventory in supply chain strategy. As items proliferate and markets shift, the demand plan becomes more volatile.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

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

Supply Chain Opz

NOVEMBER 9, 2014

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

ToolsGroup

JUNE 27, 2022

In this article, we’ll break down what vertical integration is, its benefits and disadvantages, its application in supply chain, and the factors to consider when deciding whether it’s the correct strategy for your company. At the back of your supply chain, you’ve got your raw materials being procured. Types of Vertical Integration.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

NC State SCRC

NOVEMBER 6, 2017

Ensure that engineers are more aware of how design parts left over at the end of the product life cycle will consume working capital, and train them on these costs. There needs to be a one to one relationship between sales and demand planning to ensure complete transparency and real-time communication. Change sales incentives.

Inventory Reduction 58

Inventory Reduction Forecasting Inventory Supply Chain Design Software 58

Logistics Bureau

DECEMBER 20, 2016

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. Warehouse operational costs.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

ThroughPut

MAY 16, 2024

However, responding to evolving market demands can seem almost impossible with legacy systems, siloed data and/or manually-driven human-intuition-based processes. Businesses have streamlined operations, minimized costs, maximized efficiency and improved customer satisfaction levels by following advanced supply chain optimization techniques.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Supply Chain Movement

APRIL 26, 2016

Grandvision has grand plans. the world’s largest network of optical retail stores is far along the path from historically being supplier-led to having a strong demand driven supply chain. there are three options: to set to work with excel, to develop one’s own solution or to purchase an off-the-shelf tool.

Supply and Demand 60

Supply and Demand S&OP Supply Chain Planning Software Supply Chain Software 60

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

SCMDOJO

JANUARY 17, 2024

Planning roles include: A supply chain planner analyzes performance and improves processes. A demand planner estimates the future demand for given products. (Do Do check out our Demand Planning Ultimate Guide ) A production planner ensures the required manufacturing output meets the demand.

Purchasing Skills 72

Purchasing Skills Negotiating Skills Optimal Sourcing Manufacturing Procurement 72

SCMDOJO

NOVEMBER 2, 2023

Services Matias Offer on SCMDOJO Logistics Consulting Maritime Freight Sourcing and Procurement Logistics Technology Sourcing Executive Mentoring Guide: Matias, our supply chain consultant, has also created Maritime Freight Sourcing and Procurement Guide , which is available from SCMDOJO Academy.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

ShipBob

FEBRUARY 26, 2024

It requires strategic supply chain planning and seamless communication to facilitate accurate forecasting and replenishment as well as efficient supply chain execution. The four phases of the CPFR model The CPFR model consists of four main phases. It also helps you make more accurate predictions about your requirements.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

6 River Systems

DECEMBER 11, 2018

Seeing this, we decided that it would be helpful to compile a curated list of 50 of the best tips on logistics planning and strategy that we could find. Click on a category below to jump to the section that fits your interests best: Planning tips to unify supply chains. Logistics strategies for streamlined fulfillment.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

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. This strategy, once approved at the executive level, will feed into a master schedule.

S&OP 40

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

NC State SCRC

JUNE 15, 2021

Yung-Yun’s algorithm scanned tens of thousands of targeted news and company reports to develop the ratings in each category. Companies who have a dedicated team focused on collecting information on the supply market can anticipate shortages, and work to create better category strategies to control costs. Handfield, R.B.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Resource Reduction 98

Enterra Insights

MAY 16, 2022

Andrew Kinder ( @Kinder_ai ), a Senior Vice President of industry and solution strategy with Infor, insists, “COVID-19 has taught manufacturers a bitter lesson. Fortunately, journalist Bridget McCrea reports, “Companies are thinking differently about how they design and orchestrate their supply chains. ”[2].

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Alloy Supply Chain Software 130

ThroughPut

APRIL 6, 2020

Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfilment and production planning. This is very helpful, especially when you use data pulled from real-time analytics. Inventory control. Factory floor control.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59