Supply Chain Shaman

AUGUST 18, 2022

To fill the time in the agenda, I developed the River of Demand exercise. So, I asked for a break and reorganized the room to facilitate my first river of demand exercise. An example is shown in Figure 2. Some streams are forecastable, and some are not. I show the image in Figure 1. Navigating the River of Demand.

Supply and Demand 251

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 251

Enchange Supply Chain Consultancy

MARCH 12, 2024

This came as a great surprise as I exercise every day and consider myself to be fit – I’ve been doing triathlons for over 16 years, for example. He informed me that I had an unstable knee with poor muscle development to support it.

Exercises 264

Exercises Examples 264

Logility

MARCH 19, 2021

For example, if you know which suppliers are cash-constrained, you may have an opportunity to alter the discounting structure in your favor. Remember, you have five days to make a meaningful impact. Here are some suggestions to help focus your analysis. First, know how your supply chain data influences your company’s financial performance.

Beverage 144

Beverage Food Modeling Supply Chain Planning Software 144

Logistics Viewpoints

OCTOBER 21, 2021

Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic. However, with the new generation technologies, it now is practical to keep the data feeds fresh to make the modeling exercises a continuous, ongoing discipline.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Modeling 190

Logistics Viewpoints

MAY 22, 2023

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. For example, we can have “Texas Small Volume” customers and “Florida Peak Season” customers, or “East Coast High Margin” customers and “Carolinas High Priority” customers. Their time frame was short and resources limited.

Supply Chain Design Software 179

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 179

AIMMS

FEBRUARY 1, 2021

While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. We hope the examples discussed above help you evaluate ballpark estimates of value that companies experience from leveraging network optimization software. ” – Tweet this. Summing up.

Network Design Software 290

Network Design Software Supply Chain Design Software Supply Chain Network Software Network Design 290

ToolsGroup

SEPTEMBER 9, 2020

Most of the “best fit” formulas were created over 50 years ago; examples are Holt Winters, Croston’s Method, Poisson Distribution, Exponential Smoothing, etc. Planning becomes a modelling exercise, not a guessing game. By setting a solid foundation, inventory planning becomes a modeling exercise.

Forecasting 156

Forecasting Modeling Forecasting Software Inventory Reduction 156

Supply Chain Game Changer

AUGUST 24, 2022

For example, a call option gives the holder control over 100 shares of stock in a company; If the price of a call option rises above the strike price, then it can be exercised by the holder. When crypto options are exercised, investors opt to pay to acquire whatever they have control over with their options. Strike Price.

Price Reduction 67

Price Reduction Purchasing Skills Eliminating Excel in Purchasing Exercises 67

Logistics Viewpoints

MAY 26, 2022

This is not a continuous improvement exercise, but a matter of survival as greater unpredictability prevails in our markets, continually taxing resources, and challenging forecast accuracy on both the demand and supply sides.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

HICX Solutions

AUGUST 5, 2022

In order to collect, analyse and report on this data as it relates to sustainability, large organizations are running hundreds of data gathering exercises a year. To make the most of these exercises, it’s essential to communicate with the right supplier segments for each specific campaign. What information is required?

Sustainability 52

Sustainability Exercises Supply Chain Planning Survey 52

Logility

MAY 5, 2023

Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise. For example, Tillamook County Creamery Association increased its forecast accuracy from 70%–80% to 85% and saved US$4.2 million of its revenue from inventory spoilage and obsolescence.

Inventory Reduction 130

Inventory Reduction Vendor Strategies Resource Reduction Price Reduction 130

HICX Solutions

NOVEMBER 28, 2022

Starting its life as a corporate social responsibility initiative introduced by the UN, the ESG movement has shifted from being a tick-box exercise to a necessity in many businesses.

Manufacturing Procurement 52

Manufacturing Procurement Sustainability Procurement Germany 52

Logistics Bureau

APRIL 19, 2021

If you’ve never done a benchmarking exercise before, read on. If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry. Informal Benchmarking.

Benchmarking 98

Benchmarking Supply Chain Performance Supply Chain Exercises 98

Logility

DECEMBER 1, 2021

For most industries, the chain of custody is an exercise for tracing lots or batches from the initial origin to a finished product and into the consumer’s hands. But it’s not that simple for the fashion industry. In the meantime, marketing, merchandising and legal teams are interested in the origin of a product or category.

Sustainability 130

Sustainability Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement 130

Adexa

SEPTEMBER 8, 2022

For example, demand planning provides some visibility into the future and a supplier alert may inform a late delivery of the goods expected today, or a resource or factory went down and a notification was sent to that effect. It is not clear what is meant by visibility. Receiving alerts and notifications may amount to hundreds per day.

Supply Chain Visibility 59

Supply Chain Visibility Modeling Supply Chain Planning Software Supply and Demand 59

Procurement Academy

NOVEMBER 17, 2022

Completing one exercise won’t instantly make you a top scorer, but consistently identifying gaps in performance and working to fill them will. Few footballers would complete a training exercise and consider their job done – yet all too often employees treat training as a tick-box activity. Tie training to objectives.

Buyer Training 96

Buyer Training Purchasing Training Training Price Mitigation Strategies 96

QAD

SEPTEMBER 14, 2021

For example, these companies often react to an inspector’s observations by altering a process to address the inspection comments rather than adopting quality best practices to improve company and product performance.

Quality 95

Quality Demand Planning Software System Exercises 95

Unleashed

FEBRUARY 23, 2022

For example, if an employee is responsible for placing six screws on a product before passing it down the production line, the activity of inserting screws is performed to a fixed value – which is six times. Another example is when appliances (e.g. Ask and answer five questions, for example: Why did the conveyor belt stop?

Manufacturing Procurement 98

Manufacturing Procurement Examples Cost Reduction Strategies Resource Reduction 98

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. And what is sitting in the warehouse. And at the cross-dock. And in the rail car. Real-time visibility into “static goods” — wherever they may be — is the foundation for managing through volatility.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

Enterra Insights

AUGUST 11, 2022

It is unclear, for example, just how rising world temperatures might alter the frequency of these battering storms, a fact that deniers of climate change often cite in their effort to play down its risks. Make and exercise contingency plans. Well-run disaster exercises also help prepare everyone involved to deal with the unexpected.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Forecasting Software 130

QAD

OCTOBER 6, 2022

Half the battle of getting young people into manufacturing is an exercise in educating them about what our interests are (and in many cases, that they even exist!). The other half, which is often overlooked, is an exercise in manufacturers learning about young people’s interests and preparing to meet them. .

Manufacturing Procurement 97

Manufacturing Procurement Sustainability Waste Reduction Manufacturing 97

Logistics Viewpoints

MAY 25, 2023

I’ve seen our own R&D team test some very cool applications and have been following the news closely in search of other examples relevant to supply chain. Beyond these targeted examples, I see even more promise in broader applications: code generation, knowledge management, and user interfaces.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Software Negotiating Skills Predictive Analytics Software 234

HICX Solutions

NOVEMBER 28, 2021

Starting its life as a corporate social responsibility initiative introduced by the UN, the ESG movement has shifted from being a tick-box exercise to a necessity in many businesses.

Manufacturing Procurement 52

Manufacturing Procurement Sustainability Procurement Germany 52

GlobalTranz

APRIL 6, 2021

For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen. Embracing technology is part of that solution.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

HICX Solutions

JANUARY 2, 2022

Starting its life as a corporate social responsibility initiative introduced by the UN, the ESG movement has shifted from being a tick-box exercise to a necessity in many businesses.

Sustainability 52

Sustainability Procurement Germany Exercises 52

AIMMS

FEBRUARY 1, 2021

While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. We hope the examples discussed above help you evaluate ballpark estimates of value that companies experience from leveraging network optimization software. ” – Tweet this. Summing up.

Network Design Software 156

Network Design Software Supply Chain Design Software Supply Chain Network Software Network Design 156

ToolsGroup

APRIL 27, 2022

For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. In addition to physical exercise, the stress-relieving advantages of contemplative exercises like yoga, meditation, and Tai Chi are well documented. Get Away From Your Desk with a Walk or Meditation.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Kinaxis

MARCH 27, 2018

While there have been numerous examples of how AI can boost profits in supply chain execution—most notably in the form of autonomous vehicles and smart robotics—the benefits related to supply chain planning have largely been ignored. Artificial intelligence.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Optimal Sourcing 261

John Galt

FEBRUARY 22, 2022

Demand planning can sometimes seem like a fruitless exercise. Forecasts frequently miss the mark. And then companies are left scrambling when a stockout is imminent and their best-laid demand plans need to be scrapped.

Supply and Demand 60

Supply and Demand Demand Planning Examples Forecasting 60

Talking Logistics

JULY 21, 2016

One of our predictions from a couple of years ago was that more companies would treat Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise. CHEP is a perfect example of a company that has transformed its approach to supply chain design to build a more agile and efficient supply chain.

Supply Chain Design Software 100

Supply Chain Design Software Modeling Software Supply Chain Planning Software Supply Chain Software 100

DELMIA Quintiq

JANUARY 14, 2014

For example, how can anyone be sure that a certain figure represents the lowest possible cost? Take, for example, a field service company. For example, we might assume that the time windows are 24 hours instead of the usual one hour. The point of this exercise is to arrive at a range of what’s possible.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning Supply Chain Strategy 222

AIMMS

MAY 13, 2019

Pursuing accuracy in a long – term planning exercise can bring a lot of unnecessary stress. One of the most incredible examples of short – term execution excellence is MISO and GE Grid Solutions’ use of AIMMS to improve reliability and efficiency in the U.S. power grid.

Scenario Planning 156

Scenario Planning Supply Chain Planning Software Supply Chain Planning AIMMS 156

Arkieva

MAY 26, 2016

When embarking on a customer product segmentation exercise, keep in mind the following pitfalls. But even if you have a top-class customer segmentation, for example, it won’t help you draw up a good production schedule. If sales employees do not back the exercise, it will never work. Segmentation is a strategic exercise.

Price Reduction 62

Price Reduction Exercises Eliminating Excel in Purchasing Forecasting 62

ivalua

NOVEMBER 25, 2020

In the report, Gartner provides a helpful example of what a value map could look like. In the report, Gartner provided some great examples of supply chain metrics that highlight Procurement’s value outside of cost-savings. This list should include the business metrics that each procurement project impacts.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

ToolsGroup

OCTOBER 11, 2017

One example that Steutermann cites are segmentation exercises that identify specific items that could be forecast better. Gartner recommends defining demand planning best practice, then launching initiatives to fill the gaps in your organization.

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

BlueYonder

MAY 11, 2022

I also prioritized my physical health and made exercise part of my daily routine. Exercise can improve your physical health and physique, but that’s not what motivates most people to stay active. People who exercise regularly tend to do so because it gives them an enormous sense of well-being.

Exercises 75

Exercises Resource Reduction North America Spain 75

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Relocation, coupled with the exploration of plausible options such as reshoring and nearshoring, must be considered in any supply chain network optimization exercise. Business model strategies. Restructure or pivoting a business. Business structure is of critical importance in building resilience to disruptions in supply chains.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245