ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Agile and Lean Supply Chain 211

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 211

Supply Chain Shaman

SEPTEMBER 5, 2022

COVID is far from over and food instability, coupled with drought, is driving migration from Sudan to Europe. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Logility

OCTOBER 18, 2022

Sanctions, blocked Ukrainian ports, and stalled transportation routes have also disrupted the China-to-Europe supply chain. Rethink just-in-time inventory policies: There could be another pandemic or another war. If your organization relies heavily on China or Eastern Europe, consider reshoring.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

Supply Chain Movement

JUNE 29, 2015

14th Annual 3PL Summit – Europe. The 3PL Summit & Chief Supply Chain Officer Forum is Europe’s largest meeting of 3PL Providers and customers featuring the biggest industry thought leaders and hard-hitting sessions exploring new opportunities, technologies and markets in logistics. Kees Kuijken, CEO, KLG Europe.

Europe 60

Europe 3PL Modeling Logistics Network Optimization Software 60

Jaggaer

APRIL 14, 2020

And of course, the problem is acute right across Europe. It makes more sense to source from several suppliers with some spare capacity rather than just the one or two who are most cost-efficient. And of course in Europe we still do not know what will be the full impact of Brexit. Reshoring does not bring certainty of supply.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Logistics Viewpoints

OCTOBER 14, 2022

Retailers are racing to tap seasonal demand as they struggle to reduce bloated inventories, and they have little choice but to offer price cuts in stores and online to entice consumers who have been hammered by this year’s surge in inflation. All Mars’ products in Europe to be sourced with 100% sustainable cocoa.

Logistics Network Optimization Software 190

Logistics Network Optimization Software Logistics Purchasing Skills Supply Chain Planning Software 190

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. The company chose 4Flow to do transportation planning and execution in Europe.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Logistics Viewpoints

DECEMBER 15, 2022

ABC Analysis for Inventory Planning : Clustering products that behave similarly highlights issues, challenges, and opportunities for serving customers better. Another way is to cluster stores by looking at a specific category’s inventory productivity or sales performance. These metrics can also be used in inventory planning decisions.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

BlueYonder

APRIL 9, 2024

This initiative is central to enhancing the management and efficiency of its logistics operations throughout Europe. Carlsberg has also introduced electric trucks and established a specialized transportation control tower in Poznan, Poland.

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100

Logistics Viewpoints

JUNE 30, 2022

With our supply chains clogged and retail inventories piling up, we have a situation wherein the huge imbalances between demand and supply at the product mix level can have an adverse impact on product availability for B2B and B2C companies alike, especially as we start heading to the holiday season. Not really. in October 2021. A ratio of 1.5

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

BlueYonder

JUNE 16, 2022

As many countries around the world enforce economic sanctions against Russia, global logistics networks are struggling to isolate Russian products while still ensuring inventory availability. The post Where’s My Inventory? There’s no end in sight to these challenges,” he notes. “In

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

Logistics Viewpoints

SEPTEMBER 29, 2022

Visibility across the supply chain can enhance the ability to locate inventory and more intelligently prioritize its allocation to projects. The supply chain team conducted an in-depth analysis of 3 key projects and determined that 61% of components are internationally sourced, and most critical components are manufactured in Asia or Europe.

Supply Chain Transformation 242

Supply Chain Transformation Network Optimization Supply Chain Network Software Optimal Sourcing 242

ToolsGroup

MARCH 17, 2020

Usually disruptive events require redefinition and reconfiguring of the supply chain network in order to identify correct allocation of flows and inventory. Being able to understand if supply expected from Europe needs to be re-routed and sourced from Asia or South America is important when entire channels become unavailable.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Freightos

JUNE 15, 2021

So a backlog of ships off the coast of California means fewer empty containers heading back to Asia, which means fewer ships and containers available for exports, raising the cost to ship a container from Asia to Europe by 400% in November and December 2020. . Enter, a global container shortage.

Global 397

Global Supply Chain Price Reduction Supply and Demand 397

Logistics Viewpoints

DECEMBER 5, 2022

Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Supply Chain Game Changer

OCTOBER 6, 2022

I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. The concept of only bringing in inventory on demand is very compelling when inventories are considered costly, wasteful and cash drains. Subscribe to Supply Chain Game Changer. I believe in all of the above. Whereas the U.S.

Supply Chain Design Software 86

Supply Chain Design Software Manufacturing Procurement Modeling Supply Chain Design 86

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Many companies buy forward inventory ahead of tariffs being implemented. This practice is illegal. Operational strategies. Buying forward. Relocating production from China.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Elementum

AUGUST 29, 2022

Recent shortages have highlighted the need for robust, future-proof supply chain management systems that far exceed the capabilities of conventional inventory control processes. Today, we will look at the importance of supply chain management in food production and some solutions to prevent further crises.

Supply Chain Planning Software 146

Supply Chain Planning Software Food Supply Chain Software Waste Reduction 146

Supply Chain Shaman

AUGUST 24, 2020

Phone calls to Europe or Asia were costly and of poor quality. By the early 2000s, phone calls to Europe from my cell were expensive but manageable. There is no network capable of connecting sourcing, logistics, manufacturing, and distribution together in the market today. Here are some rules of thumb: 1. It is a messy market.

Supply Chain Network Software 326

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 326

ToolsGroup

JULY 24, 2019

And this low cost fostered a mentality of incremental thinking with mid-level managers focused on squeezing out 1-2% a year in cost savings through sourcing, says Pete Guarraia of Bain consultancy. . But converging costs have reduced the need for far flung supply chains in many industries. Ecommerce is also driving supply chain change.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Planning Scenario Planning Gartner 189

Logility

MARCH 29, 2022

There were floods in Europe and China, Hurricane Ida on the Gulf Coast, and California wildfires that all played their part. This then provides new insights for faster decision-making, automated planning, and the elimination of time, inventory, and risk throughout your supply chain. Shipping costs have skyrocketed.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

KEPLER Consulting

OCTOBER 18, 2017

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

DELMIA Quintiq

DECEMBER 4, 2018

Tariffs placed by US have resulted in changes to the global flow of steel and increased steel imports to Europe are affecting steel companies there. Also, we see a wave of consolidation continue in Europe as companies seek to become more competitive. What are steel producers doing to mitigate this decline in demand? .

Industrial 197

Industrial Industry Optimal Sourcing Supply Chain Planning Software 197

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. While many companies assemble great sourcing and procurement teams when it comes time to renegotiate freight contracts, they often fail to provide good documentation that allows them to negotiate from a position of strength.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

ToolsGroup

MARCH 17, 2021

BOSTON, March 17, 2021 – ToolsGroup, a global leader in supply chain planning software, is proud to announce that ToolsGroup Director of Professional Services for Europe, Michael Haiber, and Vice President of Professional Services, Stefano Novati, were both named 2021 “Pros to Know” by Supply & Demand Chain Executive magazine.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

Enterra Insights

JUNE 28, 2023

His detailed written record paved the way for future traders and merchants traveling between Europe and China. By having more efficient delivery routes, warehouses, and inventory systems in place, companies can reduce their operational costs while still delivering great customer service.” Logistics helps to create value.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 130

ivalua

SEPTEMBER 14, 2022

Almost seven-in-ten (68%) of organizations view suppliers as a source of differentiation, while 66% now collaborate with suppliers to increase supply chain resilience. It is based on a survey of 462 procurement decision makers at companies with 1,000 or more employees in North America, Europe, and Asia Pacific. About Ivalua.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

Supply Chain Matters

MARCH 11, 2024

The company’s legacy has been one of extraordinary sales and inventory turnover accomplished through a proven capability of fast, in-season design and merchandise availability, coupled with proximity supplier sourcing. efforts, Europe has a more proactive lens and sense of urgency.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Supply Chain Design Software Agile and Lean Supply Chain 52

ToolsGroup

NOVEMBER 2, 2020

Melitta Sales Europe (MSE) embarked on an initiative to revamp existing planning and forecasting processes to increase efficiency and sustainability. The process brings together all the plans for the business (sales, marketing, development, manufacturing, sourcing, and financial) into one integrated set of plans.”

Forecasting 287

Forecasting Forecasting Software Optimal Sourcing S&OP 287

Logistics Viewpoints

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Why is this shift such a big deal? We don’t have to think back very far. Lesson learned.

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

ivalua

APRIL 9, 2021

For organisations, top-line growth is being limited by procurement systems that are too rigid to support new ideas (75%); processes and systems that don’t enable effective, scalable supplier collaboration (71%); and a lack of integration among source-to-pay systems (71%). Inaccurate data leads to inventory management challenges.

Inventory Reduction 130

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Optimal Sourcing 130

Enterra Insights

AUGUST 8, 2022

When you boil it down, a product’s shelf life is very short and if you don’t sell it, that inventory will be discounted shrinking already razor thin margins. They explain, “Planning for holidays places significant stress on supply chain planning processes and planning teams. The cost of over forecasting is severe. ”[6].

Logility 246

Logility Manufacturing Procurement Supply Chain Planning Scenario Planning 246

Supply Chain Matters

JUNE 8, 2023

This week, European and international business media is reporting that Europe’ s economy entered into recession in the first quarter of this year. The concern for economic recession was especially focused on Europe with the ongoing hostilities of the Russia and Ukraine conflict and with residual high levels of inflation.

Ireland 52

Ireland Lithuania Pharmaceutical Malta 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. Despite the destruction and disruption caused by the natural disaster, Toyota had established alternative sourcing options and backup production facilities, enabling it to resume operations swiftly.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Stord

OCTOBER 4, 2023

The partnership includes a multi-facility, nationwide fulfillment footprint, equipped with automation, robotics, and Stord’s proprietary inventory and order management software (OMS), to best serve Athletic Greens and its customers as the company grows.

Optimal Sourcing 60

Optimal Sourcing Optimization Software Supply Chain Software Logistics Network Optimization Software 60