Supply Chain Shaman

JANUARY 31, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. The US GDP in 2021 grew at an unexpected rate of 5.7% Less Collaborative.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. The US GDP in 2021 grew at an unexpected rate of 5.7% Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

JUNE 7, 2021

Lately, as I reflected on my conversations with John (fictitious name) when I was at AMR Research, I yearn to go back in time. 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 disagreed.

Gartner 197

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

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

ShipBob

DECEMBER 13, 2023

The success of any ecommerce business depends greatly on how it manages its inventory health. Now, for some, inventory health may not be an immediate concern. You might say, “I’ll just order plenty of inventory and wait until it sells out.” What is inventory health?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. By ensuring on-time deliveries and minimizing stockouts, they can directly improve customer satisfaction.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

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. In times of uncertainty, cash is king. Here I share perspective on cash-to-cash abuse. Let me explain.

Optimal Sourcing 232

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 232

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. As such, optimally managing your sales and inventory at Kroger is essential to grow your brand and solidify its foothold with the end consumer.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

SEPTEMBER 3, 2015

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.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

OCTOBER 11, 2012

I just don’t believe it anymore when I see it on a project justification.” This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I am a skeptic. ” CFO of a major manufacturer. I really do.

Inventory Reduction 246

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 246

Unleashed

MARCH 26, 2023

If you’re running a product business and using Xero for your accounting, you’ll need to implement some form of inventory management. While the platform offers some inventory features of its own, many businesses will require something with greater functionality. Do you need integrated Xero inventory software?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

Supply Chain Shaman

JUNE 7, 2018

As time goes on, these high energies dissipate. 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. ” Incrementalism. I am tired.

Supply Chain Planning Software 227

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

SupplyPike

MAY 14, 2020

The importance of supply chain management What to watch while consumers are panic buying How to implement supply chain management Supply chain management and Walmart. In the case of online shopping, consumers expect excellent service, on-time supply, and convenient return procedures for unacceptable items. Learn about.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98

Logistics Viewpoints

MARCH 27, 2023

Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. When will the recession hit?

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Taulia

NOVEMBER 28, 2021

Inventory management is a core procedure in most businesses’ daily operations, ensuring that goods and materials are where they ought to be when they’re needed. But to get the most out of your inventory management process, you need to intelligently monitor performance. Average inventory. Inventory accuracy.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Logistics Viewpoints

SEPTEMBER 20, 2022

“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supply chain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Composability as an Enabler of Agility & Resilience.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. Time to Sense Market Shifts in the 2007 Recession. While good news travels quickly in an organization, bad news travels slowly. Supply chains operate blindly on order data. The problem? Wrong focus I thought.

Supply Chain Design Software 301

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 301

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Taulia

JULY 5, 2021

VMI streamlines inventory management and order fulfillment, benefitting both suppliers and buyers. This article elucidates VMI, starting with a concise definition before discussing the difference between VMI and traditional inventory management. What is Vendor Managed Inventory? How does VMI work?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Supply Chain Shaman

JUNE 29, 2014

I remember the first time that I met the founders, Don and Toby. ” And from time to time, when we were behind deadline, and teasing each other about the looming weekly post, we would throw our llamas from cubicle to cubicle. It could no longer be just about inventory levels. The conference was low-key.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Logistics Viewpoints

NOVEMBER 30, 2020

Finally, inventory accuracy can never be as high in a store as in a warehouse. According to Mr. Valdez, there were four critical improvement initiatives spanning inventory management, transportation, automation, and operational excellence. A buyer now “purchases for one business.” Target’s gross margin rate was 28.4%in

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

Supply Chain Shaman

DECEMBER 23, 2014

At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Get Good at Having a Real-time Perpetual Inventory Signal. Foundational for ecommerce is a real-time perpetual inventory (PI) signal. No matter where inventory is, put it to work.

Packaging 289

Packaging Inventory Reduction Supply Chain Design Software San Francisco 289

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The delays are attributed to supply chain issues at every stage – from the time of booking transport to gate in at the port as well as ocean transit time of shipping containers. Just take a look at what’s been happening over the last 3-4 months. points the month before, for the first time in months. points from 44.8

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action. Count the cost.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

BlueYonder

JANUARY 31, 2023

Salim: Our automotive customers are increasingly looking at how to counter inflation but at the same time how to enable supply chain resiliency. The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers.

Automotive 86

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 86

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. As a goal, it is easier to say than to define. His reasoning? We want to help. Figure 1.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! In fact it is often such a forgotten category that operations personnel are often left to fend for themselves in buying and securing supply. As such it can, out of necessity, become a source of rogue buying behaviour and risky purchases. Subscribe Here!

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. It includes tasks such as managing inventory, packing and shipping customer orders, and processing returns. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Supply Chain Shaman

NOVEMBER 9, 2014

I find that many times companies have the wrong name, or a misnomer, for what they are trying to achieve. It was my first time working with this group. As I sat in the back of the room, shifting in my chair, waiting for my time to speak, I watched speaker after speaker endorse the concept of one team. .

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Unleashed

FEBRUARY 4, 2024

For retailers, inventory is more than just a list of products: It’s also the mainstay of your retail operations, the source of your revenue, and the foundation of customer satisfaction. Retail inventory management is therefore the key to managing inventory costs and movements effectively.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the Supply Chains to Admire Award. Meet Ernest.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Arkieva

JUNE 28, 2016

We might use “availability in Excel directly or with Add-ons” as an “age metric’.). For example, basic optimization and statistical methods have been part of business school programs for over 40 years and core methods are part of Excel. The growing availability of data both in quantity and relevant time frequency.

S&OP 63

S&OP Procurement Analytics Analytics Software Supply and Demand 63

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. The promise of a well-intended consultant just sounds sooooooo good. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. (For Business leaders are action-oriented and competitive.

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332