Requis

SEPTEMBER 24, 2020

Muddassir Ahmed is a supply chain strategist, researcher, and educator. He is the founder of the SCMDOJO blog, podcast and educational platform , and is a widely celebrated thought leader with a large following. On the fifteenth episode of Supply Chain Next, Muddassir talks with host Richard Donaldson about innovation in supply chain management, updating educational curricula, and the accessibility gap he sees in accessing instruction in supply chain best practices. ?.

Education 61

Education Innovation Six Sigma Sweden 61

Supply Chain Game Changer

SEPTEMBER 29, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory management is a critical area for most companies. Too much inventory, especially the wrong inventory, can negatively impact cash flow, return on investment, customer satisfaction, and profitability.

Inventory 56

Inventory eBook Just-in-Time Sustainability 56

Supply Chain Game Changer

FEBRUARY 4, 2020

That was the start of Supply Chain education. What is missing in Supply Chain education and certification? A course in Procurement, a course on Inventory management, a course in negotiation, and so on. Before training and education in the basics was needed because the jobs to be done were transactional. The skills, education and training that future Supply Chain leaders will need are: 1. Supply Chain Education in Conclusion. Subscribe Here! Email Address.

Education 53

Education Course SCM Electronics 53

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. This blog post doesn’t aim to be the ultimate guide to sourcing goods from China. I like to start with a broad-based search at Alibaba and Global Sources. Introduction.

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Sourcing China Tucson San Francisco 56

Cerasis

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. We never ran out of or had too much inventory.

Inventory 245

Inventory Lean Arizona Third Party Logistics 245

KEPLER Consulting

OCTOBER 18, 2017

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath. Back to the origins, the Sourcing Offices have been developed by retailers for two main reasons: #1 Gather demands coming from various entities within a same group.

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Sourcing Exercises Quality Groups 53

Supply Chain Network

NOVEMBER 2, 2017

The results are achieved when extraneous costs are removed and product can optimally move from source to end-user with minimal friction. Cash Supply Chain Definitions Education Emerging Trends Freight & Transportation Information Technology Inventory New Ideas News & Info Professional Communications Security Supply Chain Management Supply Chain RiskGuest post from Ned Blinick of 3rdwave.

Global 65

Global Supply Chain Government Supply Chain Visibility 65

Logility

APRIL 15, 2020

Reprioritizes products to be produced, sourced and moved throughout your global network. Prioritizes scarce inventory to optimize network performance. Rapidly identifies supply constraints and alternate sourcing opportunities across multiple time horizons with AI and ML driven insights. Phone * Company * Job Title * Zip Code * Source Comments This field is for validation purposes and should be left unchanged.

Supply Chain Disruption 21

Supply Chain Disruption Supply Chain Planning Sourcing Capacity 21

Unleashed

JANUARY 22, 2019

Inventory management requires an initial effort to get right, but once you’ve established effective inventory control, ongoing management is much easier, particularly for businesses prone to seasonal spikes or significant periods of peak demand. If a product is in season, inventory stock can fly off the shelves. So how do you stay in control of inventory during the highs and lows of seasonal demand ? Categorise seasonal inventory.

Inventory 54

Inventory Forecasting Course Education 54

Jaggaer

MAY 12, 2020

Sourcing automation. Sourcing Strategy Advisor. The new sourcing platform brings us the opportunity to connect data much better and generate new value-adding information for our internal business partners.” – Head of Regional Procurement, DPDHL. Through our review we recognized that managing the inventory of chemicals and the associated safety database manually on spreadsheets was cumbersome and inefficient. Autonomous Procurement Source-to-Pay

Virginia 40

Virginia Procurement Chemicals Research 40

Unleashed

OCTOBER 4, 2020

The craft beer segment relies heavily on perceived value, craft beer enthusiasts expect high quality, creativity, and traditionally brewed beers with innovative flavours, using locally sourced ingredients. An efficient way to manage brewery inventory is with cloud-based brewery software.

New Zealand 60

New Zealand Video Nevada Strategy 60

Supply Chain Game Changer

JUNE 11, 2019

Some people have University degrees and some people have high school education. SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. Subscribe Here! Email Address.

SCM 84

SCM Reverse Logistics Education Supply Chain 84

Logility

NOVEMBER 27, 2018

As you can imagine, the CESC is inundated with data from multiple, disparate sources. I was impressed Santa had taken the proactive measure to continue the education of his elves and embrace the opportunities analytics can provide. Over the last year Santa’s supply chain team selected a leading supply chain planning platform and implemented demand, inventory and parts of the supply planning capabilities of this platform. Update on the Christmas Express Supply Chain.

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Video Arizona Brazil Australia 109

QAD

JUNE 16, 2020

Mike and I discuss everything from government requirements, social distancing, shelter-in-place orders, and how they’ve affected manufacturing, even down to the difficulties of purchasing and inventory management of PPE to support anti-infection strategies. We’ll cover current issues and how they affect manufacturing in an easy-to-digest, succinct format so that you don’t have to piece together a story by trying to chase down multiple sources. Listen, Educate and Subscribe.

Government 83

Government Industrial Industry Course 83

QAD

JUNE 16, 2020

Mike and I discuss everything from government requirements, social distancing, shelter-in-place orders, and how they’ve affected manufacturing, even down to the difficulties of purchasing and inventory management of PPE to support anti-infection strategies. We’ll cover current issues and how they affect manufacturing in an easy-to-digest, succinct format so that you don’t have to piece together a story by trying to chase down multiple sources. Listen, Educate and Subscribe.

Government 83

Government Industrial Industry Course 83

Supply Chain Shaman

AUGUST 3, 2016

Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. The greatest value happens when companies can link across source, make and deliver. This requires continue education. We are also in the cusp of a technology evolution with cognitive computing and open source platforms. On Sunday, I spent the day at the Barnes Foundation with an old friend Karen.

Big Data 158

Big Data Supply Chain Planning Philadelphia Forecasting 158

Kinaxis

DECEMBER 12, 2014

Reason #6 Not effectively managing inventory. A bad decision can result in missed orders, significant inventory, or scrapped materials. Yet, when you look at the background of many supply chain planning workers, you’ll find a huge variation in education and experience. The very best include people that not only understand supply chain from end-to-end, but can also come up with creative solutions beyond what the typical supply chain education can prepare you for.

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South Korea Training Colorado Supply Chain Planning 193

OneSCM

FEBRUARY 7, 2020

Proactive supply chain and logistics managers will ensure they highlight disruptions to their supply chains and create sourcing events to use alternate suppliers. Supply managers can better navigate changing marketplace conditions such as coronavirus by utilizing supply chain management systems that enable them to respond to bottlenecks and inventory shortages by: Quickly managing and updating suppliers through a single portal.

Supply Chain Disruption 150

Supply Chain Disruption Global China Education 150

NC State SCRC

MARCH 15, 2016

On software, there is a move towards government-wide software licenses, to begin to appoint individuals to manage software license inventory, and establish government-wide solutions that are smarter on refresh cycles. 22,000 sourcing events. $50 Cognitive systems learn behavior through education, using structured and unstructured data. Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit.

Baltimore 40

Baltimore Guidelines Procurement Government 40

The Logistics of Logistics

SEPTEMBER 12, 2020

The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Sourcing. Inventory management. Supply Chain Basics with Jason Miller.

Michigan 78

Michigan Ohio SCM United States 78

Vinculum

APRIL 22, 2020

However, now is a great time to build on other sources of income like: Hosting digital events. There are so many creative ways in which you can create your own e-book or guide and sell it to people who want to make use of this time by learning new skills, educating quality leads and more. Sell on Marketplaces Globally Automated Catalog Listing Inventory & Order Management Brands Multi-brand Retailers Marketplaces Industry Insights eCommerce Online Business Corona Virus Covid-1

Video 40

Video Case Study Education How To 40

Supply Chain Game Changer

APRIL 16, 2019

But these customers would require huge upfront out of pocket capital, inventory and resource investments to enable this business. Given that the Supply Chain team negotiates terms, conditions, and parameters with suppliers, and manages inventory, they are impacting cash flow in dramatic ways. We educated them on Cash flow, explained our situation, and laid out a plan of attack with a series of actions that we needed everyone to own, implement and track to completion.

Benchmarking 50

Benchmarking Lean Supply Chain Education 50

Vinculum

APRIL 15, 2020

China, being the source area, which struck the Coronavirus pandemic made the sourcing products from production houses pause supply of products. The extensive investment in this space is a great benefit for the near future; it’ll bring back a more educated and proactive citizen for all. Sell on Marketplaces Globally Inventory & Order Management Warehousing & Fulfillment Brands Multi-brand Retailers Marketplaces Industry Insights Marketplace Online Business Covid-19

Italy 40

Italy Industrial Industry Beverage 40

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. The answer is to increase modeling, evaluate sourcing strategies, and build the right push/pull decoupling points.

Supply Chain 240

Supply Chain Nashville Risk Management Dallas 240

EMERGE App

MAY 6, 2019

Every day our sales and support teams get asked: “I’m looking for the best inventory management software.” Of course, we’d love to say that EMERGE App is the best inventory management software but that’s up to you to decide. The previous example of house hunting is exactly the same for finding the best inventory management software for your business. And it is assumed that your oldest inventory will be the ones to be sold first.

Inventory Management 40

Inventory Management Real Estate Software China 40

Logility

JUNE 9, 2020

Considering the importance placed by consumers on food safety, the ability to track and trace ingredients and their sources, is a must have to succeed in the F&B industry. It is quite exciting when you think about sensing customer demand and real-time inventory positions instantly shared up and down the supply chain. Advanced planning systems have the capability to utilize blockchain data to improve demand planning, inventory management and deployment.

Beverage 100

Beverage Food California Data 100

Supply Chain Shaman

NOVEMBER 14, 2016

Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. In the analysis of the performance factors, companies are divided into two classifications: Supply Chains to Admire Winners: In the analysis of the performance factors of growth, operating margin, inventory turns, and Return on Invested Capital, Supply Chain to Admire winners score at or above the industry peer group average for all four of the factors.

Supply Chain 203

Supply Chain Six Sigma Electronics Forecasting 203

Logility

FEBRUARY 26, 2020

Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution, maximize customer service, ensure confidence in company financial projections. Improving forecast accuracy by just one percent can significantly reduce finished goods inventory, lower transportation costs, decrease inventory obsolescence and increase perfect order performance.

Forecasting 116

Forecasting Demand Planning Data Analysis 116

Logistics Bureau

OCTOBER 28, 2020

Confusing Strategic with Single (Sourcing). Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks. It’s certainly something to consider if you currently maintain a single-sourcing strategy. Inventory Management. Of course, manual systems allow small business owners to manage inventory with limited investment in systems.

Company 55

Company Inventory Inventory Management Internet of things 55

Supply Chain Shaman

DECEMBER 17, 2018

They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. By leveraging demand sensing and the Multi-tier Inventory Optimization (MEIO) platform– using machine learning and some cognitive technologies–from Terra Technology on top of SAP APO, Shell successfully launched an analytics platform initiative to improve the demand signal and reduce safety stock.

North America 250

North America Belgium Russia United Kingdom 250

Supply Chain Game Changer

OCTOBER 28, 2020

The survey was comprehensive, digging into compensation, job satisfaction, education, key skills, as well as the gender pay gap – and whether it’s growing or narrowing as the field evolves. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. GET our EBOOK HERE.

Survey 52

Survey Canada eBook Reverse Logistics 52

Adexa

JANUARY 22, 2020

Some examples are changing the energy source from conventional fuel to renewables or building environmentally friendly plants, producing cars with zero emissions or making appliances that are highly efficient. It combines all the possible ways of producing the mix of products at all the different locations and use of different materials and gives a projection of what to expect in terms of sales and inventory of the products.

Supply Chain Planning 60

Supply Chain Planning Education Supply Chain Quality 60

Supply Chain Shaman

NOVEMBER 6, 2016

The problem is that this does not allow enough trade-off of source, make and deliver processes across the globe.). Plan continuously using strategic design tools like Llamasoft, JDA Strategist, and Opalytics to build process flows (postponement, push/pull decoupling points, and set inventory targets for the form and function of inventory). What Drives Inventory Effectiveness in a Market-Driven World? Another plane, another client; and yet another discussion.

Supply Chain Planning 278

Supply Chain Planning Global Supply Chain Government 278

Supply Chain Nation

JULY 20, 2018

I discussed how even though the business processes of demand planning, supply planning and inventory planning remain the same, what has changed in this new digital world is an exponential increase in the volume, frequency and speed of data. Partnering with universities and educational programs, and recruiting students from these universities, is a great way to combat the digital supply chain talent gap and prevent it from growing into a crisis.

Dallas 41

Dallas Texas Survey Chicago 41

Supply Chain Nation

JULY 20, 2018

I discussed how even though the business processes of demand planning, supply planning and inventory planning remain the same, what has changed in this new digital world is an exponential increase in the volume, frequency and speed of data. Partnering with universities and educational programs, and recruiting students from these universities, is a great way to combat the digital supply chain talent gap and prevent it from growing into a crisis.

Dallas 40

Dallas Texas Survey Chicago 40