Logistics Bureau

DECEMBER 4, 2023

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Supply Chain Shaman

JULY 19, 2020

Excellent firms don’t believe in excellence – only in constant improvement and constant change. What Is Supply Chain Excellence? My second observation is that for 96% of public companies supply chain excellence is slip-sliding away. Reflections on Excellence. Tom Peters. Here, in this blog, I explain.

Supply Chain Design Software 405

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 405

The Logistics of Logistics

OCTOBER 30, 2023

He is a board member of the Association for Manufacturing Excellence (AME) and a contributor to the Forbes Technology Council , Manufacturing Today, WardsAuto , Supply Chain Brain, Industry Today, Aerospace Manufacturing and Design, ASSEMBLY , and more. Richard previously founded and led Factory Logic, Inc. acquired by SAP).

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

Supply Chain Shaman

JUNE 7, 2018

Putting a stick in the eye of the industry is hard work. Or agreement on the definition of supply chain excellence. As a result, functional excellence anchors action. The focus is on digitization—automating today’s processes—versus rethinking process excellence based on the art of the possible. They want to talk.

Supply Chain Planning Software 227

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 227

Supply Chain Shaman

MAY 1, 2023

We find that companies with an analytics center of excellence drove progress faster than those with a supply chain center of excellence. While companies build Supply Chain Centers of Excellence, most are not clear on what good looks like. Let me give you an example. In Table 1, I share an example. The other issue?

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

Precoro

OCTOBER 24, 2022

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Purchase requisitions and orders, receipts, invoices, and other documents must each contain specific information, often legally binding. Low-Quality Documentation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. Let’s take some examples. . Consider another example.

Procurement Solutions 252

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 252

Supply Chain Shaman

DECEMBER 27, 2022

In the process, there is a fine line between marketing hype and overpromising, making buying difficult. For example, I am working with a client that has deployed Ariba from SAP, GT Nexus from Infor, Everstream, and Project 44. For example, deeper analytics into poorly implemented planning systems makes terrible decisions faster.

Supply Chain Software 397

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 397

Enterra Insights

MARCH 9, 2021

Industry 4.0 ”[1] The “digital transformation” to which Fretty refers is often called “Industry 4.0” ” — the moniker the German government gave to the fourth industrial revolution spawned by digitization. This has already been witnessed in the previous three industrial revolutions.

Supply Chain Planning Software 130

Supply Chain Planning Software Industrial Industry Supply Chain Design Software 130

Supply Chain Shaman

APRIL 9, 2021

The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. The continued focus on functional metrics like Purchase Price Variance (PPV), manufacturing costs, Overall Equipment Efficiency (OEE), and transportation costs throws the supply chain out of balance. Focus on IT standardization.

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. What’s happening in the industry right now, and what can you expect next? Nike, which is an even better example.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Supply Chain Shaman

JUNE 21, 2023

Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. ” I believe that the industry is stuck. With more than forty-five years of experience in the industry, I struggle with the lack of progress and the current level of Groupthink. The reason?

Gartner 351

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 351

Supply Chain Shaman

NOVEMBER 21, 2022

So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly. Self-driving supply chains are an example.

Supply Chain Planning Software 291

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 291

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Supply Chain Shaman

JULY 25, 2021

I find the industry complicit. To make the point, let me share an orbit chart for four industries (reference Figure 1). While some might claim that the industry made progress, the facts show that the industry margin decreased precipitously in three of the four industries shown. How could the industry spend 1.7%

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

QAD

MARCH 10, 2020

Blockchains are secure databases by design, making them excellent prospects for recording things like medical records, financial transactions, identity management, and proving provenance. Here are 5 ways blockchain has become a disruptor and driver of adoption in the automotive industry . Secure Payment, In-Vehicle.

Automotive 143

Automotive Supply Chain Design Software Supply Chain Network Software Industrial 143

Supply Chain Shaman

JUNE 7, 2021

AMR Research was an industry analyst firm in Boston. Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. I did not think that anyone had a clear definition of supply chain excellence. I argued for industry collaboration to define and drive process innovation. I disagreed.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

FEBRUARY 1, 2024

I will share insights as we go along) The Word Salad Shuffle In the industry, I feel that there is a lot of word salad–consultants and technologists spinning words with little meaning to drive leads. Let’s take a couple of examples: Retail Available to Promise (ATP). days to receive a purchase order confirmation.

Supply Chain Planning Software 333

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 333

Logility

SEPTEMBER 12, 2023

A good example is accelerated adoption of automation, whether we know it or not. We buy our necessities online twice as much as we did before, we no longer need travel agents to book our trips, and our money transactions do not need a trip to the bank anymore. This is the perfect time to explain the “why”.

Supply Chain Planning Software 160

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 160

ivalua

JUNE 29, 2020

While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. It is also helping to bridge the supply chain management gap that has traditionally existed between healthcare providers and other industries such as manufacturing. The Path to Supply Chain Excellence. Share on Twitter.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. Let’s take some examples. . Consider another example.

Procurement Solutions 156

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 156

Enterra Insights

SEPTEMBER 30, 2022

One retail sector that witnessed a dramatic rise in online purchases during the pandemic was the grocery sector. Analysts from Chicory note, “The grocery shopper’s path to purchase from digital to in-store and other online environments has always been obscure.”[2] The Omnichannel Consumer. The Omnichannel Retailer.

Omnichannel 130

Omnichannel Retail Eliminating Excel in Purchasing Supply Chain Planning Software 130

ToolsGroup

JUNE 10, 2022

Several factors contribute to customer loyalty, but providing excellent customer service—and a top-notch experience–is one of the most important in driving retention. Here’s a look at six customer experience examples to help you maximize long-term customer loyalty. 6 Examples of Excellent Customer Experiences.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

SCMDOJO

JUNE 21, 2023

While implementing SCaaS poses challenges, it has demonstrated its effectiveness across industries, fostering company growth, cost reduction, and leveraging cutting-edge technology. Furthermore, industries such as food, hospitality, construction, infrastructure, and even government sectors are gradually adopting SCaaS for improved outcomes.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

ThroughPut

FEBRUARY 2, 2024

Real-World Examples of Advanced Supply Chain Analytics According to Gartner, by 2024, 50% of supply chain companies will have adopted software with advanced analytics capabilities. Here’s a look at some real-world examples and applications of supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Unleashed

JULY 25, 2021

For example the Raven Food Co-op, a Warsaw-based food cooperative is committed to preventing food waste before it occurs. For example in Japan foodstuffs and by-products containing animal-origin protein undergo rigorous treatment to kill the pathogens that cause disease. Industrial food waste management.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

Logility

SEPTEMBER 24, 2013

You’ll note in the headline I use the preposition “of” instead of “to” when describing the “journey of Supply Chain Excellence.” The differentiator is whether Supply Chain Excellence is defined as a one-time project or as on ongoing process. Circuit City failed to adapt and is now history.

Eliminating Excel in Purchasing 100

Eliminating Excel in Purchasing Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 100

Enterra Insights

DECEMBER 4, 2019

Amazon’s Prime Day in July, for example, has led to more retailers like Target, Walmart and Kohl’s offering steep discounts on toys, apparel and electronics during the summer, in a bid to stay competitive. Consumers are demanding faster shipping, better visibility and excellent customer experience from the places they shop.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

Logistics Viewpoints

MAY 11, 2023

Specifically, through modeling and simulation of a digital twin you’re able to ‘virtually try before you buy’ — modelling different scenarios quickly and easily without interrupting operations, or committing significant time and capital. Do they purchase a 3D warehouse simulation and modeling tool?

Modeling 236

Modeling Analytics Software Supply Chain Design Software Optimization Software 236

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. The availability of capacity in industries like the semiconductor industry is tight.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 256

Vinculum

JANUARY 19, 2021

The logistics industry therefore continues to find ways to make their companies supply chain stand out from the crowd. The fact that 70% of 3PL companies are still limited to using manual paper-based methods and basic tools like Excel to operate, underlines how much of a challenge technology adoption remains. 3PL warehouses must?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Network Software 98

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. This increases sales. This sounds obvious.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

BlueYonder

MARCH 30, 2023

These retailers excelled in offering distinctive experiences and demonstrated functional maturity across all evaluated areas. In fact, speed of delivery has slowly become one of the top three purchase decision influencers, along with price and return policy. Why does this matter?

Real-time Visibility 85

Real-time Visibility Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 85

Supply Chain Shaman

APRIL 16, 2024

For example, inflationary costs, lead time variability, conversion rates, etc.) Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams? Demand latency is the time to translate the purchase in the channel to an order.)

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

Logistics Viewpoints

MAY 16, 2022

A company buys these solutions to optimize their business. Rich Sherman – a Senior Fellow in TCS’s Supply Chain Center of Excellence – points out that many companies are building control towers to better manage their supply chains. For example, many companies are struggling to get transportation capacity.

Supply Chain Planning Software 211

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 211