Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. Let’s dive in. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. Background. 4 Maximize Buffers.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Insights

JANUARY 18, 2018

I writhe in my seat at most conferences and count the number of times the word “digital” is used in presentations. Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. Supply chain excellence definitions evolve as companies explore the Art of the Possible. I am often uncomfortable.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

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.

Supply Chain Design Software 150

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

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Supply Chain Shaman

JUNE 29, 2014

With the purchase of i2 by JDA, and Logictools by IBM, manufacturing companies serious about network design started looking for a company, with a well-established community, that was more serious about network design. I smiled as I began to present the story of the “Metrics that Matter.” The gap is tough.

Supply Chain Design Software 268

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

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. This team is not buying the message. As I cleared my throat, and pushed my toes deep into my shoes, I bounded up the stairs to start the presentation. It was a large multinational company. I was wrong.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. BE READY FOR THE NEW NORMAL.

Supply Chain Planning Software 246

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

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. Procurement presents an array of promising opportunities within numerous organizations, making it an exhilarating field. What is procurement and purchasing Lesson 2. Types of procurement.

Purchasing Training 79

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 79

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” Spinnaker Management Group asked me to co-present on a demand-driven webinar with SanDisk. SanDisk Corporation designs, develops and manufactures flash memory storage devices and software. So, why did I ask SanDisk to present? Why does it matter to you?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

OCTOBER 29, 2014

Even though things seem to be going well (all of the meeting details are well-executed and the speaker is giving an energized presentation), the room is eerily quiet. By purchasing planning and transactional systems for a common vendor, they had one throat to choke and they were familiar with the architectural elements.

Supply Chain Planning Software 315

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 315

Supply Chain Shaman

OCTOBER 11, 2012

” CFO of a major manufacturer. Procter & Gamble and Kimberly Clark); but for most companies that I have worked with, I see that they have purchased and implemented inventory technologies, but there has not been an impact on future years results in either Days of Inventory or Days of Working Capital. I am a skeptic.

Inventory Reduction 246

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 246

Supply Chain Shaman

MAY 1, 2014

When I finished my presentation on “past practices,” that I cannot call “best practices,” and outlined the methodology for the upcoming Supply Chain Index, a woman who had listened intently in the audience told me that I had thrown “cold water” on the audience. My message in the presentation was simple.

Supply Chain Planning Software 291

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 291

Supply Chain Shaman

APRIL 15, 2015

Yesterday, I presented to 700 global attendees on an APICS webinar. In the presentation, I shared data on the evolution of supply chain planning and the results on user satisfaction. The research is a study of large manufacturers. Buying these solutions is far more complicated than is represented in a simple four-box quadrant.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Supply Chain Shaman

SEPTEMBER 3, 2015

Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. There are two buffers in the supply chain: inventory and manufacturing capacity. As assets become more and more utilized manufacturing loses the ability to buffer volatility through manufacturing capacity optimization.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

JULY 5, 2016

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. P&G’s rate of improvement on the Metrics That Matter was lower than the peer group. 21 versus P&G’s.19

Supply Chain Planning Software 150

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

Veridian Solutions

JANUARY 23, 2019

It refers to the ability to buy online and pick up in store. The primary challenge of click and collect derives from the problems presented when attempting to expand the duties of the current workforce to offer click and collect services. Click and collect is not a new concept. The overwhelming majority of U.S. Ensure picker accuracy.

Retail 49

Retail Eliminating Excel in Purchasing Omnichannel Procurement Analytics 49

ThroughPut

NOVEMBER 12, 2020

Whether manufacturers rely on ground, rail or sea to reach end-customers, the extent of disruption is unprecedented and this creates a need to rethink their warehouse fleet and carrier strategies. McKinsey suggests that warehouse operations can be critical in presenting an untapped improvement opportunity in the supply chain.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Veridian Solutions

JANUARY 14, 2019

It refers to the ability to buy online and pick up in store. The Challenge of Click and Collect The primary challenge of click and collect derives from the problems presented when attempting to expand the duties of the current workforce to offer click and collect services. Click and collect is not a new concept. Download WhitePaper.

Retail 40

Retail Eliminating Excel in Purchasing Procurement Analytics Omnichannel 40

Supply Chain Shaman

APRIL 7, 2016

On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. I am a manufacturing gal by training. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. I am not quite sure.

Supply Chain Design Software 150

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

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. An example of social listening is the Lenovo Case Study presented at the 2015 Supply Chain Insights Global Summit. Market Drivers.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

Supply Chain Shaman

AUGUST 26, 2015

While traditional forecasting approaches use statistics to model history assuming that historic shipments and order patterns represent future market patterns, in the times of market volatility, especially for manufacturers two-five levels back in the supply chain, traditionally forecasting is not adequate. Figure 1: The Bullwhip Effect.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Supply Chain Shaman

AUGUST 16, 2015

In the period of 2002-present, the company acquired/aggregated many applications. On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. The So What? It is clear.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

SCMDOJO

AUGUST 4, 2023

But times are changing, the use of reduce inventory offers more quality and useful performance metrics. The usage of useful performance metrics offered by the use of reduce inventory actually reward behavior that tends to enhance your products final quality. Over time, having huge inventories were considered necessary.

Inventory Reduction 91

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 91

Talking Logistics

APRIL 12, 2017

Logistics Excellence: Now & in the eFuture. getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.). Ports, Airports and Global Infrastructure Group, also presented at the Executive Forum. Will this include drone deliveries?

Supply Chain Planning Software 114

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 114

Supply Chain Insights

MAY 10, 2017

Consumer packaged goods manufacturers and retailers are already changing the old paradigms of consumer marketing, and that must impact TPx. As I have mentioned in my past blogs, the dramatic changes taking place in both the process and technology of shopping and buying will continue to cause product roadmap planners big headaches.

Survey 110

Survey Supply Chain Planning Software Modeling Software Retail 110

Procurement Academy

MARCH 12, 2024

This article is a deep dive into this course – which is specially designed to give the professionals in your team the knowledge and skills they need to excel in strategic cost management. Calculating the Cost Breakdown: This process involves working with cost, finance, logistics and manufacturing process experts.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

Taulia

JULY 5, 2021

We’ll conclude by evaluating the advantages of VMI for buyers and suppliers and present Taulia’s enhanced VMI offering. Suppliers also have their own balance sheet metrics to worry about. You can further benefit from economies of scale by purchasing larger volumes while still receiving just-in-time deliveries.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

Supply Chain Shaman

AUGUST 11, 2016

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. As I sat at the airport I worked on my presentation for the Supply Chain Insights’ webinar on building a customer-centric supply chain on August 17. All winners received their digital images this week. )

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. S&OP can deliver several benefits, but that knowledge is not enough to encourage disparate business functions to overcome conflicts and buy into the process.

Supply Chain Planning Software 87

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 87

Vinculum

SEPTEMBER 3, 2021

According to the global metrics, the value of cross-border eCommerce will increase by 25 percent a year. The best part is that this cross-border business leverages all retailers and manufacturers of all shapes and sizes. People worldwide prefer to buy from a website that supports content in their native language.

Global 52

Global Eliminating Excel in Purchasing India Supply and Demand 52

Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. by John Westerveld.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. Shipping approximately 400 million selling units consisting of 700 million manufactured units per year, Carter’s employs about 4,000 employees at its peak. Performance on the Supply Chain Metrics That Matter.

Supply Chain Design Software 195

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

Supply Chain Action Blog

SEPTEMBER 7, 2018

Digital technologies, such as additive manufacturing, blockchain, and more secure IoT infrastructure, advance the freedom, speed and security of these flows. You will need to excel at managing and accelerating the 3-D Cycle, if you want to win in digital economy. And, then, there is the success of Walmart.com.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Network Software Analytics Software Supply Chain Software 40

Supply Chain Action Blog

AUGUST 26, 2018

Digital technologies, such as additive manufacturing, blockchain, and more secure IoT infrastructure, advance the freedom, speed and security of these flows. You will need to excel at managing and accelerating the 3-D Cycle, if you want to win in digital economy. And, then, there is the success of Walmart.com.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40