Enterra Insights

NOVEMBER 2, 2021

Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption.’ This could be a replacement for the old term of Production and Inventory Management since it is now included within the broad definition of SCM.”.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 130

Elementum

FEBRUARY 7, 2024

Internet of Things (IoT): Extending the Reach of BPA Internet of Things (IoT) enhances BPA by providing a continuous stream of real-time data for ML analysis, crucial for automating and refining operations. Here’s how to address common hurdles with strategic actions that leverage AI for automation excellence.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

IQMS

JUNE 25, 2019

The majority of enterprises are prioritizing their blockchain pilots that concentrate on supply chains improvements (53%) and the Internet of Things (51%) according to Deloitte’s latest blockchain survey. Improving track-and-trace reduces the need for buffer stock by providing real-time visibility of inventory levels and shipments.

Supply Chain Planning Software 83

Supply Chain Planning Software Pharmaceutical Optimal Sourcing Supply Chain Software 83

RFgen

JANUARY 21, 2016

Innovative inventory techniques go from abstract to concrete in 2016. Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out. This affects warehouse management because inventory employees must prep orders pouring in from numerous sales channels.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

RFgen

JANUARY 21, 2016

Innovative inventory techniques go from abstract to concrete in 2016. Here are a few inventory management practices that could make or break a company in 2016: Omnichannel Branches Out. This affects warehouse management because inventory employees must prep orders pouring in from numerous sales channels.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

Supply Chain Shaman

JUNE 14, 2014

In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012. I think three things: 1) A Hard-Fought and Tough Journey. E2open last week announced the purchase of Serus.

Optimal Sourcing 287

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 287

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The focus is on channel data: price; inventory positions; and policies. Customer-Centric Supply Chain Processes. The Building Blocks.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

Supply Chain Shaman

JULY 3, 2017

As a result, supply chain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance. Growth in car buying stimulated the value chain. In critical industries like semiconductor and computer hardware, growth is down, operating margin is off and inventory turns are declining.

Inventory Reduction 158

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 158

Supply Chain Shaman

JUNE 2, 2020

How did the changing mix of the orders shipped change inventory buffers at suppliers? In this new environment, techniques like attribute-based forecasting, sentiment mining, probabilistic modeling, what-if analysis, streaming data from IOT (Internet of Things), S&OP execution, and digital twin visualization rise in importance.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 259

NC State SCRC

NOVEMBER 29, 2023

My responsibility is to enable operational excellence within our total supply chain, by providing data and insights to our associates to help them make better decisions. One thing we have done is to create digital tools to ensure that we are not creating variations or derivations of parts that have already been designed and created. “The

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

Enterra Insights

FEBRUARY 1, 2021

Multiple factors are driving supply chain digitalization, including the growth of big data, artificial intelligence (AI), robotics and the Internet of Things (IoT). ” Those are excellent questions to consider before making investments in any technology. servomechanisms) and software (e.g., ” Step 3.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Optimization 113

Supply Chain Shaman

JULY 5, 2016

Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. 19 average) and 3 times better ROIC for the period (33% versus P&G’s 11%), note that none of these three household products companies made progress on supply chain excellence in the period of 2013-2015.

Supply Chain Planning Software 150

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

Unleashed

AUGUST 28, 2022

Inventory management is one of the most practical applications that maximise the capability of existing programs, diving into the nuts and bolts of a manufacturing operation. What is spare parts inventory management? There are a few terms in spare parts inventory management to unpack.

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97

Supply Chain Shaman

APRIL 7, 2016

It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. How easy is it to buy from your company? I am not quite sure. It evolved over time. Bio-engineering?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Logistics Viewpoints

APRIL 25, 2024

So, the parking spots are getting more and more occupied with drop trailers, meaning lot capacity shrinks while finding the trailer with the highest-priority inventory becomes even harder. Create a facilities “Center of Excellence.” Problem number three: appointment scheduling is a mess. They aren’t.

Expense Reduction 222

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 222

Supply Chain Shaman

OCTOBER 8, 2017

While many technologists wave their hands advocating that Internet of Things (IOT) is the answer, I say not so fast. Won’t we have the same issue for Internet of Things data? Inventory strategies and processes to absorb the error. Or adapt to market shifts. IOT will be the same. Moving Forward.

Supply and Demand 158

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 158

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

Demand Solutions

MAY 25, 2020

Poor demand forecasting leads to businesses making purchases of products that they can’t move, or buying too little product and being unable to meet customer demand, potentially putting their business at risk. Internet of Things (IoT): We Are All Connected. Use Surveys To Forecast Demand. But that’s not all.

Forecasting 100

Forecasting Forecasting Software Demand Planning Software Modeling 100

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. The pace of change hasn’t slowed, and now the Internet of Things , digital operating models, and predictive analytics are further enhancing the end-to-end capabilities of the business.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

ThroughPut

APRIL 6, 2020

Also, companies with optimal supply chains benefit with 15% lower supply chain costs , less than 50% of inventory holdings and 3x faster cash-to-cash cycles. This keeps them from creating smooth, synchronized and responsive supply chain plans to achieve the desired operational excellence. Production planning. into the final plan?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

Also, companies with optimal supply chains benefit with 15% lower supply chain costs , less than 50% of inventory holdings and 3x faster cash-to-cash cycles. This keeps them from creating smooth, synchronized and responsive supply chain plans to achieve the desired operational excellence. Production planning. into the final plan?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

Supply Chain Shaman

JULY 22, 2016

This includes: new product launch forecasting, seasonal inventory targets, demand affinities, push-based inventory strategies, demand shaping activities (price, promotion, run-out strategies, sales incentives, trade incentives), and turn-based volume. To move the product, the company discounted the cars to stimulate purchase.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

6 River Systems

FEBRUARY 22, 2019

Choose software that facilitates the valuation and control of permanent inventories based on inputs or outputs, with automated stock alerts, that is versatile and independent of the type of business. Define normal parameters and fine-tune the physical inventory system. Once the method is working, standardize it. Robin Schwartz, PHR.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Unleashed

JUNE 24, 2020

Tech developments such as 5G and the Internet of Things are reshaping everyday life. Some things, though, will never change. That includes the importance of robust inventory management to retail. Ensuring you don’t fail at order fulfilment begins with understanding your inventory and supply chain.

Inventory Management Software 98

Inventory Management Software Inventory Management Omnichannel Inventory Reduction 98

Supply Chain Shaman

DECEMBER 30, 2021

Few planning systems update delivery based on actual dwell times; and despite the abundance of Internet of Things (IOT) data, there is no place to put streaming data signals into traditional planning systems. There is not a one-to-one relationship between a container and a purchase order. Get Good at Inventory Management.

Supply Chain Design Software 195

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

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Inventory Turns. Not many companies have cracked this code.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Internet of Things. The Internet of Things (IoT), comprised of physical devices equipped with remote sensors that capture and transmit large amounts of data, is already making a big impact in the supply chain industry. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

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

Logility

AUGUST 12, 2021

Most companies understand that accurate forecasts are a critical part of minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently. Advanced Inventory Management. Preparing for Market-Driven Demand.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Material Handling & Logistics

DECEMBER 12, 2017

Whereas APICS itself once was focused largely on production and inventory control, since its acquisition of the Supply Chain Council in 2014 the organization has reestablished itself with a focus on helping its members achieve supply chain excellence. Will they care about how it’s made? Will they care about how it got there?

Supply Chain Design Software 58

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 58

Elementum

FEBRUARY 7, 2024

It’s about more than just efficiency; AI’s predictive analytics and decision-making capabilities open up new avenues for integrating cloud-based Business Process Management (BPM) and Internet of Things (IoT) technologies. The result? Can you provide examples of digital process automation in different industries?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Supply Chain Game Changer

AUGUST 26, 2021

The Internet of Things (IoT) and digital transformation have opened the doors to what should be limitless transparency across the most complex supply chains. Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning.

Supply Chain Visibility 103

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Agile and Lean Supply Chain 103

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Inventory tracking enables flexible e-Commerce fulfillment models and allows for managing shocks caused by shop closures. The platforms are populated through feeds from the various systems and internet of things (IoT) devices and equipped with analytics to make sense of the data.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Modeling Software 257

Enterra Insights

JULY 17, 2018

”[1] They are not alone in their prediction about technology replacing humans in the supply chain, James Ovenden ( @IE_James ) writes, “The Internet of Things (IoT), machine learning, and blockchain are surely the final technologies for supply chain management to really embrace. ”[2]. Supply chain technologies.

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Analytics Software Predictive Analytics Software 100

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Instead, I would look at network flows, the form and function of inventory, cost-to-serve analysis, and the determination of the supplier network.

Supply Chain Design Software 287

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 287

SYSPRO Smarter ERP

JANUARY 17, 2022

I’ll remember the importance of pixels when purchasing my first smart TV to stream documentaries when you’ve joined me on my utopian island tucked away from the chaos of the world. The exponential growth of data. Data-driven manufacturing and distribution. Leveraging the power of ERP.

Data 105

Data Manufacturing Procurement Internet of things Inventory Reduction 105

ThroughPut

APRIL 6, 2020

It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Inventory control.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

Supply Chain Insights

AUGUST 29, 2017

Demand signals include shopping trends, digital footprints of shopping online or looking at recipes, talking to their neighbors and friends on social media, buying habits, and consumption data. As we begin to better link the forecast, order management, shipping, transportation and retail execution, things will continue to improve.

Supply Chain Planning Software 95

Supply Chain Planning Software Forecasting Software Predictive Analytics Software Modeling Software 95