BlueYonder

NOVEMBER 16, 2023

Research by McKinsey shows that B2B buyers are typically using an average of 10 channels to conclude a purchase, and 70% of them are prepared to spend as much as $500,000 in a single online purchase. Marketplaces are amping up the competition, muscling in on wholesale distribution market share. The choices are no longer “either/or”.

Manufacturing Procurement 82

Manufacturing Procurement Distribution Logistics Network Optimization Software Optimal Sourcing 82

SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory Reduction 87

Inventory Reduction Analysis Material Savings Optimal Sourcing 87

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Matters

SEPTEMBER 26, 2023

Supply Chain Matters highlights reports of distribution challenges of updated Covid-19 booster vaccines amid a surge in vaccination needs across the country. Production sourcing and distribution is predicated on the needs of drug companies and insurance providers. Across the U.S. , All rights reserved. The post U.S.

Distribution 52

Distribution Pharmaceutical Supply Chain Design Software Supply Chain Design 52

SYSPRO Smarter ERP

OCTOBER 4, 2021

A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. For the manufacturing and distribution CEO the challenge is not only getting back to pre-pandemic operations, but crafting businesses that emerge more resilient than before.

Manufacturing Procurement 119

Manufacturing Procurement Distribution Sourcing Strategies Manufacturing 119

EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 That was perfect news for those who are still running a wholesale, distribution, or trading business today. Firstly, prioritize analyzing warehouse operations thoroughly.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Enterra Insights

APRIL 27, 2021

Quick delivery, lean operations and a widely distributed footprint have been the top priorities. 3] Following year-long discussions about supply chain resilience, the Economist reminds us, “Resilience comes not from autarky but from diverse sources of supply.”[4] But as the Suez Canal crisis shows, looks are deceiving.”[3]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

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. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

BlueYonder

OCTOBER 10, 2023

Nucleus Research recently published its Control Tower Technology Value Matrix 2023 , which provides an overview of the current market for control tower solutions, while also assessing the software providers in this space. The post Nucleus Research Names Blue Yonder a Leader in Control Tower Solutions appeared first on Supply Chain Nation.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Network Optimization Software Supply Chain Network Software 75

Logility

MAY 31, 2023

According to the Gartner Guide to Use Cases for Network Optimization Capabilities , your company should dig deeper into four areas of your supply chain network design – distribution network optimization, omnichannel fulfillment, manufacturing capacity optimization, and global footprint strategy.

Optimal Sourcing 130

Optimal Sourcing Modeling Network Design Software Network Optimization 130

Unleashed

DECEMBER 20, 2021

Here we explain what multichannel involves, why it’s so complex, and how you can give your multichannel operation a strong foundation with a robust inventory management system. What is multichannel inventory management? In other words, it’s inventory management that takes into account multiple sources of information.

Inventory Management Software 97

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 97

ToolsGroup

MAY 16, 2023

Featuring over fifty Gartner experts and more than 140 research-driven sessions, this year’s conference gathered over 3,700 supply chain professionals from across North America and beyond. It enables the inventory optimization necessary for lowering inventory while elevating the customer experience. We have made it simple.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

Unleashed

DECEMBER 14, 2021

A wholesale food distributor acts as a middleman between food and beverage manufacturers and operators, supporting the end-user by streamlining product distribution. What role do wholesalers play in the food distribution network?? Wholesale food distribution is quite a different proposition from retail.

Food 98

Food Purchasing Skills Distribution Price Reduction 98

RFgen

MARCH 20, 2023

Key Takeaways: Inventory control involves the management of products and services across the supply chain, ensuring the right amount of product at the right time. Integrating purchasing and inventory control is critical for forward planning and forecasting in today’s economic climate. Essential to this process is purchasing.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 52

SYSPRO Smarter ERP

DECEMBER 15, 2021

regional research into manufacturing and distribution companies during the Covid-19 period to date. Government assisted by reducing tax and other structural reforms, but the research showed regarding actual direct support, that: 51% received no direct funding. Spending and Innovation – the focus and source of funds.

Manufacturing Procurement 104

Manufacturing Procurement Kenya Distribution Supply Chain Planning Software 104

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

GlobalTranz

AUGUST 23, 2016

Distribution companies are going to have some of the biggest impacts from mobile commerce. According to Clean Link , avoiding necessary updates within a given distribution system may result in information bottlenecks and lead to problems for the end-user. Apps are easy to use, quick to load on smartphones and a source of information.

Supply Chain Design Software 120

Supply Chain Design Software Distribution Inventory Management Software Supply Chain Network Software 120

Unleashed

AUGUST 23, 2021

A crystal ball sometimes wouldn’t go amiss in inventory forecasting. Here we explain the methods and formulas you can use to improve your inventory forecasting, and best practices for your business when designing and carrying out this process. Read more: What is Inventory Management?

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Inventory Management Software 98

RFgen

JUNE 8, 2023

Key Takeaways: Inventory management software with built-in automation has been found to increase accuracy and profits. There is no one-size-fits-all solution for inventory management software—it’s about the best product for your business objectives and industry. And with the average on-hand inventory quantities up 8.3%

Inventory Management Software 57

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 57

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning. In 2022 overall, U.S.

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 196

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

According to research conducted by the Thomson Reuters Institute for their ‘Global 2022’, global trade professionals have identified disrupted supply chains, high tariffs, and sanctions as significant challenges. One of the most valuable lessons from trade disruptions is the importance of diversifying sourcing locations.

Sourcing Strategies 130

Sourcing Strategies Material Savings Inventory Reduction United Arab Emirates 130

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks. are most exposed to risk?

Supply Chain Design Software 234

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 234

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Game Changer

DECEMBER 9, 2020

The list is long: Inventory management is handled through your ERP Your product development team works through the PML Sales and marketing are housed in the CRM And it feels like half the company is still managing product data in spreadsheets. Inventory management starts with the fundamental in and out of your supply chain.

Inventory Management Software 98

Inventory Management Software Inventory Management Optimal Sourcing Inventory Reduction 98

Logility

APRIL 17, 2023

of supply chain managers using Excel spreadsheets to manage your inventory and supply chain, it’s time to make a change. Pre-pandemic research by McKinsey found that companies experience disruptions every 3.7 If you’re one of the 67.4% years, lasting for one to two months on average.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 130

Logility

APRIL 27, 2015

Temporal data—sources should be developed such as consumer trends, competitive offerings, weather, local events and so on that might affect demand in that location. Integrate and align these information models and sources between demand activities, such as promotions, to assure meeting required stocking levels. About the Author.

Research 102

Research Supply Chain Planning Software Inventory Reduction Modeling Software 102

MIT Supply Chain

JANUARY 11, 2021

Many are reflected in MIT CTL’s research agenda for the new year, so we asked our senior researchers to describe what they would like to achieve in 2021. Milena Janjevic, Research Scientist, Megacity Logistics Lab Develop new value-based supply chain design methods that integrate total cost to serve, service level, and revenue.

Supply Chain Design Software 52

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

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 247

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 247

Logistics Viewpoints

MARCH 17, 2022

According to data from a recent research survey, the following were on top of the supply chain headaches not addressed by their current systems: Supply shortages due to supplier’s inability to meet expected performance targets. Critical inventory disruptions/deficiency anywhere in the supply chain. Network bottleneck identification.

Supply Chain Planning Software 280

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 280

Logistics Viewpoints

AUGUST 7, 2023

The Cardinal Health Supply Chain Cardinal Health’s medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products. The medical segment’s supply chain consists of 61 North American distribution centers and 27 global manufacturing plants. This was a bold and risky move.

Supply Chain Planning Software 178

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 178

ToolsGroup

JULY 6, 2023

IL’s educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. Read the press release here.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

New Horizon Supply Chain Blog

MAY 25, 2022

It was intriguing to read last month that The Kroger Company, the nation’s largest supermarket chain, with nearly $138 Billion in revenues, has launched a foodservice distribution business. Source: Data from USDA Economic Research Service Food Expenditure Series. Are There Synergies Between Retail and Foodservice Distribution?

Distribution 52

Distribution Supply Chain Planning Software Fort Worth Supply and Demand 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

According to research from McKinsey & Company, the supply chain dimension has the lowest level of digitization (43%) compared to other dimensions, including products and services, marketing and distribution channels, business processes, and new entrants at the ecosystem level.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

QAD

NOVEMBER 16, 2023

Packaging changes have impacted the procurement, manufacturing and distribution processes of organizations. The transformation has touched all inventory levels from material sourcing to end product delivery. Supply Chain Performance Supply chain and distribution performance is greatly impacted by packaging changes.

Packaging 93

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 93

Supply Chain Shaman

SEPTEMBER 22, 2022

Fall is conference season, and this year, with pent-up post-pandemic energy to return to events, I hit the trail to share insights on the value of outside-in supply chain planning along with recent research on the current state of supply chain management. Using better math to build an inventory plan for raw materials is a good idea.

Supply Chain Planning Software 431

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 431

Logistics Viewpoints

DECEMBER 15, 2022

ABC Analysis for Inventory Planning : Clustering products that behave similarly highlights issues, challenges, and opportunities for serving customers better. Another way is to cluster stores by looking at a specific category’s inventory productivity or sales performance. These metrics can also be used in inventory planning decisions.

Optimal Sourcing 196

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 196