Unleashed

AUGUST 11, 2020

Digitising processes provides transparency of these operational processes and will deliver reliable data, allowing manufacturers to make more effective business decisions to maximise productivity and drive operational excellence. How much needs to be ordered to meet future demand? It all comes down to the data. How much do you have?

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Shaman

NOVEMBER 15, 2023

Q3 is a tough quarter: the list of companies failing to meet revenue guidance will continue to grow. The question is, how can a company not meet guidance? The market tolerates an underperforming company that meets guidance more than a top performer that misses guidance.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

ToolsGroup

SEPTEMBER 22, 2021

Over time, I’ve been fortunate to work in groups where both men and women were well represented, and I’ve had excellent leaders who championed my career by giving me the freedom to chart my own path. According to a 2020 Harvard Business Review study , women were rated as more effective leaders in a crisis.

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

Supply Chain Shaman

FEBRUARY 18, 2021

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Initially, the output was published to procurement to design strategic buying strategies. Procurement: Purchase price variance and procurement cost. The Emergence of Logistics as Constraint.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Logistics Viewpoints

NOVEMBER 4, 2021

According to a new study from Oracle, 84% of people say delays would cause them to cancel their order and 80% say it would cause them to stop buying from a brand altogether. It is important to have visibility across your whole supply chain to avoid out of stock situations and offer excellent service to customers.

Warehousing 201

Warehousing Inventory Reduction Supply Chain Network Software Inventory Management Software 201

Logility

JUNE 12, 2023

Consumers are becoming more aware of the environmental and social impact of products they buy, and they are increasingly looking for products that are sustainably sourced and produced. By adopting sustainable practices in the supply chain, companies can meet this demand and gain a competitive advantage.

Material Savings 130

Material Savings Waste Reduction Sustainability Resource Reduction 130

Supply Chain Shaman

DECEMBER 4, 2018

Meet Ernest. The total cost of ownership analyzes the total costs of the buying decision. The company had to ensure they were balancing everything appropriately, not only considering just purchase price variance or cost down but all the elements of the source-plan-make-deliver cycle. (In Note the general trend of improvement.

Supply Chain Software 30

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

ThroughPut

JULY 6, 2021

Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves? Reshaping the manufacturing world to meet new demands. Historical data method. Demand sensing method.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Supply Chain Shaman

JUNE 14, 2018

Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. Today, over 90% of companies have deployed ERP and APS, but as shown in Table 1, inventory levels have grown not decreased in over 80% of industries studied. Organizational alignment is an issue. Fire fighting is the result.

Optimal Sourcing 169

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 169

Jaggaer

OCTOBER 22, 2020

A case study presentation by Youness Taghrichte provided a good example of how JAGGAER customers in the financial services sector are tackling these issues. Purchase orders were issued through the ERP system, but with no link to the approvals workflow and procurement decisions.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

FEBRUARY 14, 2022

Forty interviews and two quantitative studies helped me build the model in my mind. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. I kept pressuring this client to use their channel data locked into the Excel files in their sales account teams. Mistake #3. My challenge? Measure it.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. They also want excellent service, which includes fast, increasingly on-demand delivery and hassle-free cancellation and returns.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Mitigation Strategies SCM Supply Chain Strategy 52

Invata Intralogistics

APRIL 5, 2024

AI-Enhanced Picking and Packing One area within fulfillment where AI excels is picking and packing, which traditionally required substantial human labor and was a significant cost center for e-commerce businesses.

Supply Chain Software 52

Supply Chain Software Predictive Analytics Software Optimization Software Inventory Management Software 52

Supply Chain Game Changer

NOVEMBER 23, 2018

When supply levels are low, ModusLink taps the open market to purchase processors, leveraging its local market expertise worldwide to obtain the right product, at the right price, at the right time. The post A Case Study in Reverse Logistics Optimization! The Results. Reduced spare parts inventory levels by 52 percent or $2.3

Optimal Sourcing 43

Optimal Sourcing Reverse Logistics Case Study Modeling 43

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. A 2021 McKinsey study, that when delivery times are too long, almost half of omnichannel consumers will shop elsewhere. Sales in the e-commerce sector globally, grew to $4.9 trillion in 2021, up from $4.2 trillion by 2025. billion tonnes.

Logistics Network Optimization Software 130

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

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. You may make an informed selection and select the procurement training programme that best meets your needs by carefully weighing these considerations. What is procurement and purchasing Lesson 2.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Unleashed

MAY 15, 2023

A CRM system that offers RFM (Recency, Frequency, and Monetary value) Analysis allows you to segment customers by their purchase habits. Personalise client communications A 2022 Statista study found that 62% of consumers worldwide said a brand would lose their loyalty if it delivered an impersonal experience.

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Mr. Sorenson has studied integrated business planning for many years. A one number plan, Mr. Herrin told me, “is like an Excel spreadsheet. Dean Sorenson concurs.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

ShipBob

MARCH 2, 2023

How people feel when they interact with your business influences their buying behavior. A retail experience refers to how customers interact with your brand and how it makes them feel, which influences their decision to buy or not to buy. So, how exactly do you create an exceptional retail experience?

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

Logility

MAY 25, 2023

Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. A recent study revealed that overstocks cost retailers a staggering global loss of $362.1 It involves overseeing the entire inventory lifecycle—from purchasing and delivery to storage and dispatch.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Supply Chain Shaman

OCTOBER 8, 2019

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. The data in Table 1 is from a recent research study. ————————-. Bias and error. The takeaway?

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Logistics Viewpoints

MARCH 1, 2021

The FDA issued an exposure modification order that allows the claim to be made that “scientific studies show that switching completely from conventional cigarettes to IQOS significantly reduces your body’s exposure to harmful or potentially harmful chemicals.”. That study has now been published.

Modeling 179

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 179

Supply Chain Game Changer

AUGUST 30, 2021

Goldratt and Jeff Cox convey lessons in improving processes and operational excellence through a story about a small-town factory that’s heading for disaster. After a chance meeting with a colleague from his college days, he realizes he has to break out of his conventional ways of thinking and knows what he has to do.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

Bristlecone

OCTOBER 23, 2019

This year’s Customer Excellence Award for Best Supply Chain Transformation goes to Ferrara Candy – for making incredible strides in its digital transformation journey amidst a string of M&A activity that continues to add extreme complexity to Ferrara’s global supply chain. Ferrara has come a long way since its founding in 1908.

Supply Chain Transformation 40

Supply Chain Transformation Supply Chain Design Software Supply Chain Design Meeting 40

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. Cross-functional teams meet regularly to learn from the voice of the customer.

Supply Chain Design Software 150

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

Supply Chain Game Changer

OCTOBER 19, 2020

You may know that broker means the place or spot where the purchasers or the sellers buy or sell their instruments, for example, various currencies. Because they can help you understand the different business terms like risk or reward ratio, money management techniques, risk management methods, buy at support, sell at resistance, etc.

How To 54

How To Eliminating Excel in Purchasing Currency Purchasing Skills 54

Precoro

OCTOBER 2, 2023

Now, companies can handle the pre-PO procurement processes, identify purchasing needs, order and approve purchases, receive invoices, and pay for goods all in one system. The PR should contain information about the required items and, if necessitated by company policy, justification for the purchase.

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Enterra Insights

APRIL 13, 2022

Brand loyalty was tossed out the window as desperate consumers made product availability and price their motivating purchase factors. Williamson suggests, “As you study the various product lines in your organization’s portfolio, you might discover some overlap. Is the purchase experience, atmosphere enjoyable?”

Price Reduction 130

Price Reduction Waste Reduction Cost Reduction Strategies Purchasing Skills 130

IQMS

JUNE 4, 2019

excel at orchestrating a variety of technologies to find new ways to excel at product quality, improve shop floor productivity, meet delivery dates, and control costs. is an excellent objective for any research effort. Those factors are what makes the latest BDO study, Industry 4.0: Demystifying Industry 4.0

Supply Chain Planning Software 56

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Sourcing Strategies 56

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. Sea Change—A Supply Chain Career is now seen as ‘Cool’. Networking.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

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. They had seen my videos on the website and needed a speaker for their global kick-off meeting. This team is not buying the message. “I study supply chains. It was a large multinational company.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Play Video about flowstore case study thumbnail Are you ready to optimise your stock levels with Unleashed + AIM?

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” While I do not consider this case study as a good example of demand-driven processes, I do believe that they have done some great work on implementing a customer segmented supply chain based on postponement. Why does it matter to you? How will the policy be executed?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

OCTOBER 29, 2014

The meeting is on everyone’s calendar. There is an abundance of pastries flowing from the basket, and the stage is set for an impactful meeting. 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.

Supply Chain Planning Software 309

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 309

Supply Chain Shaman

JULY 29, 2017

Two years ago, I completed a research study on supply chain visibility. As shown in Figure 2, few orders and purchase orders flow hands-free. By the end of the lunch meeting, we agreed that it would be a good idea to start a facilitated work group to design/test new approaches. The reason is simple. Stuck, they asked for help.

Supply Chain Network Software 152

Supply Chain Network Software Supply Chain Design Software Modeling Software Analytics Software 152