Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle.

Optimal Sourcing 242

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 242

Supply Chain Shaman

JULY 21, 2022

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. I encourage all to do this modeling in simulation to educate executive teams.). Congrats to all. Industry Bias.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Logility

JANUARY 26, 2017

The late consultant, educator, and author, Peter Drucker, is often quoted as saying "you can't manage what you can't measure.” The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Enterra Insights

AUGUST 18, 2021

He observes, “The good news is that, given our research suggests a lack of understanding rather than a complete lack of interest, the industry redoubling its efforts to educate and inform manufacturers should be able to turn this situation around. It’s now up to IoT providers to ensure that manufacturers don’t get left behind.”[1]

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Kinaxis

DECEMBER 12, 2014

by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #6 Not effectively managing inventory. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics.

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Planning Training Price Mitigation Strategies 240

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 325

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 325

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Requis

OCTOBER 30, 2020

Supply chain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supply chain experience. He provides a wide array of educational content for supply chain practitioners, including the Supply Chain Secrets channel on YouTube and a number of books, including his latest, Supply Chain Secrets.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Supply Chain Shaman

MAY 3, 2015

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.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Logility

JUNE 2, 2023

Yet, despite its significance, demand forecasting continues to be a thorny issue for many businesses, particularly manufacturers. They help minimize inventory, streamline purchasing, optimize distribution, and enhance production efficiency while ensuring the highest level of customer service. Let’s get started!

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

Logility

DECEMBER 2, 2020

The topic of sustainability and being eco-friendly is discussed in K-12 education on a regular basis. For example: Optimizing a distribution network not only reduces logistics costs but, in most cases, reduces carbon emissions through fewer transportation miles and/or less inventory holding costs. So how does one build one?

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

SCMDOJO

APRIL 11, 2023

At a Glance: We’ll be discussing some of the best supply chain management online courses from around the world from some of the most renowned platforms in education and supply chain, including SCMDOJO, CIPS, Coursera, MITx etc. It covers the basics of procurement, including procurement strategies, contract management, and supplier selection.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

GlobalTranz

DECEMBER 29, 2014

We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. Any process or management after the sale of the product involves reverse logistics.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. Suppliers and Manufacturers: Suppliers and manufacturers are the entities that produce or provide the goods needed by the shippers.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Shaman

MAY 7, 2015

When source, make and deliver report to the same organization, progress is quicker. The company that plays to win does not strive to have the best manufacturing costs, or the best procurement practices; instead, the team focuses on winning together cross-functionally on a commonly held portfolio of metrics.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 150

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. Amazon’s supply chain heavily depends on the outsourcing of its inventory management.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Talking Logistics

NOVEMBER 21, 2016

Source: “Tech in Asia” – https://www.techinasia.com. But I’ll conclude with this: The process begins by breaking down your functional silos — not only internally between logistics, sales, customer service, manufacturing, and other areas — but across external trading partners too.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Cost Reduction Strategies Inventory Reduction Logistics 100

Unleashed

MAY 22, 2022

For Mara Seaweed, which makes salt substitutes from seaweed, Daniel says there is still work to do on customer education and R&D as the company establishes itself, as well as capital investment to facilitate planned growth. Dairy alternatives haven’t, so they’ve outgrown the capacity globally of manufacturers.” The lesson?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Forecasting Software 98

QAD

FEBRUARY 26, 2019

Manufacturing in Belgium. Typical manufacturing products made in Belgium include engineering and metal products, automobile assemblies, transportation equipment, scientific and precision instruments, chemicals, pharmaceuticals, textiles, glass, petroleum and food and beverages. Manufacturing accounts for about 22 percent of the GDP.

Belgium 66

Belgium Manufacturing Procurement Netherlands France 66

DiManEx

JUNE 5, 2019

OEMs, for example, are typically required to keep spare and repair parts in their inventory, but having excess stock results in unnecessary costs. Instead of purchasing an entirely new unit because they fail to obtain a component for repairs, they choose to produce a spare part when it’s needed.

Pricing Training 70

Pricing Training Vendor Strategies Material Savings Resource Reduction 70

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. So, how does predictive analytics help with that?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Talking Logistics

APRIL 27, 2015

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it.

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Strategy 100

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Or is it the use of the Internet of Things to transform manufacturing or reduce issues with counterfeiting?

Supply and Demand 150

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

Unleashed

NOVEMBER 20, 2023

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain. It’s a constant headache for our purchasing manager.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Supply Chain Shaman

NOVEMBER 29, 2015

Hadoop is an open-source software framework written in Java for distributed storage and processing of large data sets on computer clusters. ” The first step is to get educated and learn the terms to have a new discussion. As a result, companies closed manufacturing facilities. Today, we live in volatile times.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. The taxonomies and goals are different.

Supply and Demand 391

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 391

Talking Logistics

JANUARY 5, 2014

You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet. What steps can you take to learn the language of the CFO? Use them to your advantage. Choose trust: walk the talk on collaboration.

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

Talking Logistics

JANUARY 4, 2016

You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet. What steps can you take to learn the language of the CFO? Use them to your advantage. Choose trust: walk the talk on collaboration.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 100

Supply Chain Trend

OCTOBER 31, 2016

This implementation was a “white board / bootstrap” exercise; we totally designed and changed our processes to adopt much of the standard Oliver Wight methodologies and processes, which included extensive education and workshops to start, and then full implementation. Prior to this experience, I never heard of S&OP or Oliver Wight.

S&OP 60

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

RFgen

FEBRUARY 15, 2023

By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Strategy is a critical aspect of supply chain management. Its execution directly impacts cost, quality, and the delivery of goods and services.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

NOVEMBER 5, 2023

A barcode inventory system allows goods to be tracked along the supply chain and within a company’s storage facilities. It uses technology such as barcode scanners and barcode inventory software to improve the accuracy of your inventory management processes. What is a barcode inventory system? Let’s get right into it.

Inventory Management Software 52

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

GlobalTranz

JUNE 1, 2015

Customer expectations of reliable quality and rapid delivery forces today’s manufacturers to either shorten cycle times or lose business. There are multiple good models for lean manufacturing operations. Who Needs Lean Manufacturing? Inventory records, product specs, shipping documents contain errors.

Manufacturing Procurement 120

Manufacturing Procurement Waste Reduction Agile and Lean Supply Chain Inventory Reduction 120

Unleashed

DECEMBER 20, 2022

Covered In this Business App Guide: Apps for your clients’ tech stack Accounting apps Lightyear Lightyear is a purchasing and accounts payable automation platform which was established in 2017. Inventory management apps Unleashed Okay, we’re biased – but we think Unleashed is the best inventory management software in the world.

Forecasting Software 98

Forecasting Software Inventory Management Software Analytics Software Predictive Analytics Software 98

Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. What should our post pandemic inventory priorities be? Pre Pandemic Inventory Management Priorities.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Infosys Supply Chain Management

AUGUST 10, 2012

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. cities with these lockers in-place are located in states that already collect sales taxes for online purchases. Infosys Labs. Industries. Industries. Automotive.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28

Elementum

FEBRUARY 7, 2024

Inventory Management: AI and ML bring precision to inventory control, automating reorder processes and warehouse organization, ensuring optimal stock levels and reducing waste. Metrics such as processing time, error rates, and customer satisfaction levels serve as performance indicators.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78