Supply Chain Inventory Optimization – Beyond the Analytics

Cerasis

It is easy to make analytics the cornerstone of warehouse and distribution center management. While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. Siloed Data Must Be United for True Supply Chain Inventory Optimization. Better Inventory Management Needs Complete Control. Supply Chain Warehouse

The Vaccine Distribution Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. It is an incredible task that won’t happen without careful and well thought out planning and execution of the Supply Chain. What is the Vaccine Distribution Supply Chain? Distribution Challenges.

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How to Determine if Your Distribution Fulfillment Strategy is Working

Cerasis

Knowing that your distribution fulfillment strategy is working gives you a better insight into how your business is performing. This is important for reducing order fulfillment errors, improving your inventory management and remaining competitive. Supply chain leaders must learn to recognize the warning signs of risky fulfillment strategies, the indicators of success, and how to.read More. Distribution Supply Chain Distribution Fulfillment Strategy

Supply chain inventory optimization – Beyond the analytics

Kinaxis

by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. But the sheer complexity of supply chain networks, and the impact design decisions have on operational performance, makes supply chain inventory management aligning inventory investments with on-time customer delivery and margins a major challenge.

Key Questions for a Successful Distribution Network

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

How many distribution centers do we even need, and is that number feasible? If we're going to offer the speed of shipping and variety of inventory that today's customers have come to expect, there are a lot of different questions that need to be asked. Join Irina Rosca, Director of Supply Chain Operations at Helix and an experienced global supply chain strategist, as she walks through the key questions to a successful and efficient distribution network.

Rising Above Supply Chain Disruptions

DELMIA Quintiq

What they need is a supply chain solution that will enable them to stay on top of problems, minimize damage and stay ahead of competitors. It is a necessary part of supply chain risk management. To manage everyday risks and black swan events, you need a supply chain that is designed to be resilient in the face of disruptions. But what are the characteristics of a resilient supply chain? Are you making the most of your supply chain?

Clouds are Gathering for an Open Platform for Supply Chain

ToolsGroup

If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. How supply chain disconnections disrupt service. 2030 vision: End-to-End supply chains that serve customers.

Responding to Supply Chain Disruption Amid COVID-19

AIMMS

It’s taking a profound humanitarian and economic toll , impacting supply cha ins in many ways. Our team put several resources together to help supply chain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart.

The shape of a supply chain distribution network

Kinaxis

by Iman Niroomand Today, I’d like to discuss distribution networks shapes. A distribution network is a channel that a company uses to get its products from the manufacturer to the end customer. The shape of this distribution network could vary from a small and simple size network to very complicated networks such as power grid network. Among these factors, response time gets higher weight in establishing the distribution shape.

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

Cerasis

Supply chains are messy. Blockchain in Supply Chain Can Help. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The inefficiencies that plague supply chains have seemingly been around forever. Otherwise known as a distributed ledger, the automatic recording of data into the blockchain allows for cryptocurrencies such as Ethereum or Bitcoin to serve as way more than just a store of value.

How Supply Chain Inventory Optimization Minimizes Costs

Descartes

Many companies struggle with supply chain inventory optimization. They need to overcome distributed data and inventory, navigate complex networks of locations, and manage configurations of thousands of parts. To navigate these obstacles, organizations need to: Integrate inventory management to the planning process. Inventory management is the. The post How Supply Chain Inventory Optimization Minimizes Costs appeared first on Appterra.

Top 6 Predictions for Supply Chain Planning in 2021 and Beyond

ToolsGroup

Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. Digital supply chain transformation will accelerate.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. You can employ countless number of supply chain service providers who will help realized these cost reductions throughout the entire supply chain. The distributor maintains the inventory plan.

5 Biggest Supply Chain Levers for 2021

Logistics Bureau

Suppose you want to fix up your supply chain business and make the whole thing more efficient. Watch the video below as we take you to the 5 Areas of Supply Chain—that if you focus on, you would likely get the maximum benefits.

7 Distribution Technology Trends Worth Discussing

Cerasis

Modern distribution technology has significantly changed how suppliers get their products to end-users, and consumers are driving changes in how Distributors use technology to better their business processes. As a result, you need to understand what distribution technology trends, as explained by Advantage Business Media and Lindsay Konzak of Modern Distribution Management , are being seen in today's distribution network and how they will impact future operations.

The Most Important Distribution Center Metrics to Track and Understand

Cerasis

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. Many of the following distribution center metrics to track closely mirror those found within transportation and manufacturing, but this listing will focus on those involved in distribution centers. What Distribution Center Metrics Need Tracking?

Wanted: Supply Chain Architects!

Supply Chain Shaman

Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. So when the warehouse team threatened to unionize, I transferred into a distribution, warehouse environment. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. I knew nothing about the world of logistics, inventory management and order optimization. Life is also busy at Supply Chain Insights.

Is Inventory Waste or an Asset?

Supply Chain Shaman

Next week is the annual Supply Chain Insights Global Summit , and summit preparation is on my agenda for the weekend. 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.” Inventory is both.

Gaining Clarity on Inventory Effectiveness

Supply Chain Shaman

I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. The tension I felt reading the brochure on the plane is what I believe every supply chain leader feels every day. The technology world moves at a quicker pace than the world of manufacturing and distribution. That is one of my primary drivers at Supply Chain Insights.

The Bionic Supply Chain: The human, robotics, drones inventory management workforce.

PINC

If you happen to be in the Toronto area or are planning to attend the Distribution Logistics Summit in the first week of November in Toronto, Canada, I would like to invite you to attend the panel titled The Bionic Supply Chain. As markets demand not only efficiency but agility and flexibility from supply chains, next-generation models are successfully combining robotics, automation, and digital technologies to drive superior performance.

Marketing Supply Chain Solutions Post-COVID: Q&A with ToolsGroup CMO Caroline Proctor

ToolsGroup

There’s still a strong demand for supply chain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruptions like this. .

Supply Chain Recognition in Times of Disruption

DELMIA Quintiq

Supply Chains and Integrated Logistics. The crisis generated by Covid-19 brought as one of its aspects, the notion of the extension of supply chains and integrated logistics, its impacts on the businesses of the companies, and the lives of people. In the current scenario, it became clear the perception of the links in the chain and the supply of products often have a long way to go before reaching the customer or consumer.

Supply Chain Manager – A “Green” Superhero

Logility

So, I started thinking about how supply chain management can impact the environment and concluded that supply chain managers are Green Superheroes. Better supply chain planning saves money but also reduces greenhouse gases and decreases your company’s carbon footprint.

Understanding supply chain dimensions to maximize ROI

Kinaxis

by Richard Cushing To improve supply chain management and to maximize the return on inventory investment, it’s imperative to understand the supply chain dimensions that help define how your inventory is consumed. Chances are the supply chain managers are already intuitively aware of just how critical these two components are to their operations. Supply chain dimensions easily escape attention.

Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” ” I have been studying the evolution of inventory technologies as an industry analyst since 2002. The supply chain is a complex system with increasing complexity. The Inventory Management Journey.

Is Your Supply Chain ‘Ready for Anything’?

ToolsGroup

Over the years we’ve built strong relationships with hundreds of global companies, and we hear the same challenges again and again: they can’t accurately plan for intermittent demand, they’ve got too much capital tied up in inventory, and their planners are overwhelmed by data management and complicated math. In an ever-changing global economy with all its unexpected twists and turns, supply chain leaders are looking for a way to be ready for anything the real world throws at them.

Analytics in Distribution and Manufacturing Taking Center Stage

Cerasis

Part of this drive toward more interest in analytics in distribution and manufacturing comes from the ability of analytics to reduce inefficiencies dramatically and increase productivity in both physical and virtual sales environments. Furthermore, analytics are becoming more widely available through the cloud, and manufacturers and distributors of any size can reap significant benefits from implementing analytics in their operation, explains Eric Smith of Modern Distribution Management.

Overcome Manufacturing Supply Chain Challenges with Digital Planning

ToolsGroup

With the introduction of digital supply chains, the industry is moving into an era arguably on par with the industrial revolution. To deliver business transformation, the gap between company goals and digital supply chain strategy needs to close. As supply chain complexity and competition escalate, so do related manufacturing challenges. Excess and obsolete inventory. Blog demand planning Featured inventory optimization supply chain planning

McDonald’s Mesoamérica Supply Chain Response to COVID-19

ToolsGroup

Businesses around the world are learning to adapt as best they can to the COVID-19 supply chain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supply chains. The number-one defense against this radical uncertainty is a resilient supply chain that’s ready for anything. If you do the math there, you have to make 748,000 inventory decisions per month.

How Slotting Optimization Technology Fosters Strategic Improvement for Distribution Centers

Cerasis

Today, warehouse managers face an endless battle with a growing number of products and limited storage capacity, and among distribution center managers, the challenge of warehouse slotting is even more difficult. So, distribution center managers who leverage strategic slotting optimization technology could cut picking costs by up to 50 percent. The revenue of a given distribution center is directly related to its carrying costs. Distribution Supply Chain Technology

Route Planning for Logistics and Distribution!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Route planning is essential for logistics and distribution companies as it allows them to provide a more efficient delivery service. What is route planning for logistics and distribution companies? Subscribe Here! Email Address.

The Supply Chain Detective™ and the Distribution Centre Disaster!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Supply Chain Detective™: The Case of the Unpaid Invoices! I was in the Retail Industry which meant that in Supply Chain this was the beginning of the frantic Holiday season. The last thing we needed was a Distribution Centre disaster. As I sat there my Distribution Centre leader called me. We had a real Distribution Centre disaster on our hands. Distribution Centre Disaster in Conclusion.

Lean Inventory: Using Lean Initiatives To Manage Inventory

Cerasis

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. What is Lean Inventory Management? Pull (Lean principle: Kanban) : Move inventory only when requested by customer. Supply Chain lean inventor

Lean 263

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

Food for thought: Time for a different kind of supply chain. Continued economic growth, customer preferences (especially those of the millennial generation), the rise of ecommerce and the Amazon channel, increased product choices and newer product categories in the marketplace are all driving the need for efficient and effective supply chain networks to support customer demand. A demanding distribution network comprised of producers, distributors and retailers.