Supply Chain Shaman

MARCH 27, 2023

For example, real-time planning, end-to-end planning, control tower, integrated business planning (IBP), and digital brain are oxymorons while discussions on innovation bounded by a required ROI is a juxtaposition. True innovation is never defined initially by a mandatory Return on Investment (ROI).) Buyer beware.

Supply Chain Planning Software 308

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 308

Logistics Viewpoints

APRIL 10, 2024

For example, a robust supply chain may have backup power generators, firewalls, security systems, and emergency plans to prevent or mitigate the effects of disruptions. For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems.

Baltimore 250

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 250

SYSPRO Smarter ERP

SEPTEMBER 6, 2022

There is a common cliche that necessity is the mother of invention – and by extension, innovation. The past two and half years have certainly brought a variety of challenges and opportunities that have made innovation not just a preference, but essential for manufacturers and distributors to thrive into the future.

Manufacturing Procurement 111

Manufacturing Procurement Innovation Optimal Sourcing Manufacturing 111

Logility

DECEMBER 15, 2023

With the combination of advanced inventory management, modern demand planning, and a finely sales and operations process, F&B businesses can navigate fluctuating customer demands, stringent regulations, and a steady flow of new product launches. The time is ripe to move forward with supply chain transformation.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

American Global Logistics

SEPTEMBER 12, 2023

In today's rapidly evolving business landscape, innovation has become a key driver of competitive advantage. This article explores the importance of innovation in supply chain management and highlights key areas where innovation can revolutionize traditional practices. Recycling and reuse lend themselves to innovation.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

ToolsGroup

JULY 6, 2023

ToolsGroup has a long history of innovating with our customers in mind. IL’s educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

Supply Chain Shaman

DECEMBER 7, 2023

Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. Let me give you an example. I am currently doing research on inventory management.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

RFgen

JUNE 2, 2023

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Software 52

Ware2Go

APRIL 11, 2023

Learn how businesses of all sizes can help build a more sustainable eCommerce industry, with examples of environmentally friendly brands that are leading the way. Their fashionable sneakers are made from sustainably sourced materials and are fully recyclable. However, the environmental impact of final mile delivery can’t be overlooked.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

DELMIA Quintiq

JULY 31, 2023

What is an example of sustainable food? Some examples of ready-to-eat and ready-to-drink products include pre-packaged salads, protein bars and energy drinks. For example, some companies have implemented sustainable packaging solutions that use biodegradable materials to reduce their environmental impact.

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

Logistics Viewpoints

APRIL 22, 2024

Mike Carroll, a vice president at Georgia-Pacific, and Ron Norris, director of innovation at GP While Generative AI has sparked great excitement, a form of artificial intelligence called Causal AI might offer much greater potential. GP, for example, has also had success in demonstrating that Causal AI can solve difficult sourcing problems.

Georgia 225

Georgia Optimal Sourcing Modeling Modeling Software 225

Clear Spider

MARCH 21, 2024

AI inventory solutions create more powerful and adaptive supply chains. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management. AI makes use of the endless stream of data collected through inventory management devices and cloud-based applications.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

ToolsGroup

JANUARY 19, 2024

However, this time, the spotlight shifted from the promise of these innovations to their real-world applications on the sales floor. As an example, the current excitement around Generative AI is palpable, with its potential use cases continually expanding.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Optimization Software Forecasting Software 156

Logistics Viewpoints

MARCH 27, 2023

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

ModusLink Corporation

APRIL 22, 2024

By harnessing the capabilities of a global 3PL partner, companies can unlock new possibilities for efficiency, scalability, and innovation in their electronics assembly processes. End-to-end management of component procurement, inventory management, and JIT delivery.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. While most of our examples are large multinational companies, your SME can employ many of the same tactics and principles.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

Supply Chain Shaman

SEPTEMBER 5, 2022

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. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 235

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

SCMDOJO

APRIL 24, 2024

One interesting fact is that companies that adopt digital transformation and supply chain innovation can expect operational cost savings of up to 30%, according to a recent McKinsey study. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts.

Optimal Sourcing 56

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 56

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. Another example is testing. China was the source of over 90% of PPE.) Swimming Up Stream.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

ToolsGroup

SEPTEMBER 20, 2022

Kuznetsova is among the supply chain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supply chain network. BOSTON — Sept. Her success as a leader both reflects and propels women’s advancement not just in supply chain, but in the professional world in general.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 156

Arena Solutions

MARCH 9, 2023

Managing product and quality information in a single system provides a source of confidence for effective quality management. Harry’s supply chain team plans, sources, and manages the logistics of producing these products by using Arena PLM integrated with their enterprise resource planning (ERP) system.

Supply Chain Design Software 77

Supply Chain Design Software Supply Chain Planning Software Modeling Software Optimization Software 77

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Incorporating circular economy principles throughout, from source to disposal. Incorporating responsible sourcing principles into the supply chain. Manufacturers’ digital transformation (DX) efforts are typically focused on driving efficiencies, quality, and innovation. Reduction in waste and driving cost efficiencies.

Resource Reduction 243

Resource Reduction Supply Chain Design Software Resources Sustainability 243

GlobalTranz

JULY 30, 2018

Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency.

Logistics Network Optimization Software 126

Logistics Network Optimization Software Examples Supply Chain Software Manufacturing Procurement 126

ToolsGroup

SEPTEMBER 18, 2023

Read on for her insights on 2024 supply chain trends, innovation, and women in the workplace. Learn more about how AI and Machine Learning can transform your supply chain, optimizing inventory performance and driving real-world business results. What key challenges and trends will affect supply chains going into 2024?

Gartner 296

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 296

Unleashed

MAY 25, 2023

Do you know your optimal inventory levels? Inventory planning enables you to order the right stock at the right time to meet demand and prevent overstocking. What is inventory planning? It is a key function of modern inventory management. Let’s take a quick look at some of the core benefits of inventory planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

Logility

JANUARY 18, 2024

But it is setting the foundation for a new paradigm that could cut 70% of weekly planning time, 15%–30% fewer forecast errors, and impressively improved inventory outcomes. And AI’s decision-making precision and speed couldn’t come at a better time for supply chain planners. Want to learn more?

Modeling 191

Modeling Optimal Sourcing Supply Chain Planning Software Supply Chain Software 191

Unleashed

AUGUST 23, 2021

A crystal ball sometimes wouldn’t go amiss in inventory forecasting. Here we explain the methods and formulas you can use to improve your inventory forecasting, and best practices for your business when designing and carrying out this process. Read more: What is Inventory Management?

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Inventory Management Software 98

Supply Chain Shaman

OCTOBER 5, 2021

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. Let’s take an example.

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 256

AIMMS

SEPTEMBER 10, 2018

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 206

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 206

Stord

APRIL 4, 2022

Leading supply chain professionals and innovative brands are continuing to push the industry forward. Integrated Order Management and Inventory Planning “Proper demand planning beyond replenishment plans. This helps customers increase revenue opportunities, and reduce their risk on the cost of inventory. 2020 sales plus 20%).

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Analytics Software 78

AIMMS

SEPTEMBER 10, 2018

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 224

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 224

Talking Logistics

NOVEMBER 3, 2014

The value of peer-to-peer learning and networking was evident at last month’s Ryder Innovate conference — “an exclusive gathering of senior leaders in transportation, logistics, and supply chain seeking strategic insight, new ideas, and thought leadership to improve their supply chain and fleet operations.” Forecasting. Technology.

Innovation 174

Innovation Supply Chain Design Software Optimal Sourcing Logistics Network Optimization Software 174

The Logistics of Logistics

NOVEMBER 8, 2021

Matt is the Co-Founder and CEO of popcapacity , which is dedicated to simplifying the process for sourcing warehouse space. Popcapacity leverages technology to simplify the process of sourcing warehouse space. Our platform was designed to reduce amount of time and cost associated with sourcing new warehouse and fulfillment space.

Warehousing 229

Warehousing Supply Chain Design Software Logistics Network Optimization Software Inventory Management Software 229

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

“However, measures such as alternative factories, dual sourcing and more generous safety stocks go against the well-versed philosophy of lean supply chains that has prevailed in recent decades,” he says. For example, Apple, now the world’s largest company by market capitalisation, has been heavily impacted by the ongoing lockdowns in China.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246