Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

BlueYonder

NOVEMBER 15, 2021

Supply chain optimization has never been more essential to overall business success than it is today. A study by Bank of America Global Research, cited by Reuters , found that mentions of “supply chain” increased by 412% in third-quarter earnings calls hosted by Fortune 500 companies this year, compared to 2020.

Supply Chain Planning Software 82

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 82

ToolsGroup

OCTOBER 11, 2017

Gartner says that you shouldn’t just pitch forecast accuracy to your executive management, but translate your plan into business metrics. You must be able to make a direct link between the forecasting accuracy improvement and customer service, cost, efficiency, inventory, cash flow or capability improvements,” says Gartner.

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

DELMIA Quintiq

NOVEMBER 6, 2019

Supply chains have been optimized; warehouse inventory tracking has reached new levels of precision; production lines can operate with virtually no downtime. As the common linchpin that brings together all manufacturing activities, has this metric improved along with all the investment in new technologies?

Supply Chain Design Software 235

Supply Chain Design Software Manufacturing Optimization Software Predictive Analytics Software 235

DELMIA Quintiq

MARCH 18, 2016

What does this have to do with supply chain planning? We exercised, we had fun, we supported each other. In supply chain planning, we are driven by metrics. We focus on reducing miles driven, making a delivery in hours instead of days, minimizing inventories, or increasing the utilization of our workforce.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Optimization 202

DynaSys

SEPTEMBER 22, 2021

How to Select a Supply Chain Planning Tool. And this is only one metric where you could be doing a lot better. You’re also dealing with excessive inventory for some items while facing stock outs for others. The CFO has been asking why inventory holdings keep creeping higher while customer satisfaction is dropping.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Demand Planning Software Optimization Software 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. This not only helps in selecting the right providers but also in building strong, long-term relationships that contribute to a more efficient and reliable supply chain.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. Question 1: What drives a Successful Implementation of Supply Chain Planning? Supply chain planning is now on its third decade.

Supply Chain Planning Software 309

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 309

SYSPRO Smarter ERP

AUGUST 2, 2023

To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain. The following are six key challenges faced by medical device manufacturers and how ERP analytics can transform operations—from regulatory compliance to supply chain optimization.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

FourKites

JANUARY 7, 2021

Defining Agile Supply Chains. Agile supply chains are nimble enough to respond smoothly to sudden changes in supply and demand. Why Is Agility Important for the Supply Chain? Collectively, this new normal is presenting the supply chain industry with its biggest test in years.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Modeling 52

DELMIA Quintiq

NOVEMBER 6, 2019

Supply chains have been optimized; warehouse inventory tracking has reached new levels of precision; production lines can operate with virtually no downtime. As the common linchpin that brings together all manufacturing activities, has this metric improved along with all the investment in new technologies?

Supply Chain Design Software 149

Supply Chain Design Software Manufacturing Optimization Software Predictive Analytics Software 149

Supply Chain Matters

APRIL 28, 2023

The following is a continuation of a supply chain technology thought leadership education series developed in collaboration with Replan. Such an environment requires manufacturing and supply chain processes to be able to more proactively sense, pivot and respond to market changes.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Supply Chain Shaman

JANUARY 19, 2014

Their supply chains are not improving corporate performance. Despite multimillion dollar technology projects, and tomes of strategy documents, they are stuck in their ability to overcome market factors and rising complexity to drive continuous improvement on a portfolio of metrics. Nine out of ten companies are stuck.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 278

Unleashed

FEBRUARY 1, 2023

This feeds into effective inventory management and supply chain planning , and ensures customers receive their goods in a way that is cost-effective, timely and satisfactory for their requirements. It requires insights from across the supply chain and customer base, and well-managed coordination from within the business.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Logistics Bureau

DECEMBER 18, 2017

Good inventory management, like everything else, starts with good planning. But planning isn’t just the start; it’s the very foundation of effective inventory control. Inventory planning also happens to be an area that many companies fail to prioritise sufficiently. The Basics of Inventory Planning.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Reduction Inventory Management Software Supply Chain Planning 40

Talking Logistics

MARCH 17, 2016

What does this have to do with supply chain planning? We exercised, we had fun, we supported each other. In supply chain planning, we are driven by metrics. We focus on reducing miles driven, making a delivery in hours instead of days, minimizing inventories, or increasing the utilization of our workforce.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Prescriptive Analytics Software 100

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Whether you run a boutique or a supermarket chain, these insights will help you maintain well-stocked shelves and stay competitive in the evolving retail landscape.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Waste Reduction 52

ThroughPut

AUGUST 24, 2021

Food & Beverage giants like Kellog’s reported on the state of breakdown in supply chain management. Excess Inventori es : Excess inventories lead to excess wastage. If the parameters affecting demand and supply can be anticipated, these errors can be addressed.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

GlobalTranz

NOVEMBER 12, 2015

Overused and misunderstood in blog posts and informative articles, “big data” describes the use of data to improve your operation, which includes shipping, warehousing, and supply chain processes. However, you must exercise caution to make sure you do not damage your vendor-shipper relationship. Metrics and KPIs.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

NC State SCRC

MARCH 25, 2021

This monster ship, which is as long as the Empire State Building and weighs about 200,000 metric tons, became stuck due to high winds, and no one seems to be able to get it out. Any asset that is not producing value is considered waste, and a fundamental of “lean thinking” is that inventory is waste, and time is money.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Supply Chain Matters

JULY 12, 2023

The following is a continuation of a supply chain technology thought leadership education series developed in collaboration with Replan. Such an environment requires manufacturing and supply chain processes to be able to more proactively sense, pivot and respond to constant or rapidly changing market conditions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Predictive Analytics Software 52

Kinaxis

FEBRUARY 5, 2015

The author, Osgood Vogler, Director, Analytics, Celestica Supply Chain Managed Services, describes an insight-based demand management process: So, how do you take the guesswork out of forecast planning? Persistent planning biases can tie up cash by driving excess inventory. Let’s find out. Why is planning necessary?

Forecasting 100

Forecasting Supply Chain Planning Software Forecasting Software Scenario Planning 100

crisp

SEPTEMBER 6, 2023

Environmental Protection Agency (EPA) mandated annual greenhouse gas emissions (GHG) reporting for organizations emitting over 25,000 metric tons of GHGs per year, and those in specific industries like vehicle manufacturing and industrial gas. This allows for easy retrieval and analysis alongside other business metrics.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

Logistics Bureau

SEPTEMBER 4, 2023

With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

Logistics Bureau

AUGUST 1, 2022

The Supply Chain Head. We use the term Head of Supply Chain simply because it’s a role that falls under a range of professional titles. So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist.

Supply Chain Planning Software 87

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

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. Let me explain.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Intelligent Audit

OCTOBER 27, 2022

Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. What is Big Data in Logistics & Supply Chain Management? The Best Analytical Techniques Around Big Data in the Supply Chain.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Supply Chain Game Changer

MAY 5, 2020

Subscribe to Supply Chain Game Changer. Within each of these two flows there should be a small number of high impact business processes or metrics that you need to address, holistically, in order to make meaningful and significant improvements in your cash position. Inventory levels should also be reduced. Subscribe Here!

Expense Reduction 85

Expense Reduction Material Savings Inventory Reduction Price Reduction 85

DiManEx

JUNE 5, 2019

In most cases, companies come to us because they have an existing supply chain issue. OEMs, for example, are typically required to keep spare and repair parts in their inventory, but having excess stock results in unnecessary costs. For our customers, this often means selecting the right parts to produce with AM.

Pricing Training 70

Pricing Training Vendor Strategies Material Savings Resource Reduction 70

SCMDOJO

JANUARY 23, 2023

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

Supply Chain View from the Field

AUGUST 27, 2014

NC State kicked off classes last week, and as usual our incoming group of MBA students were lined up with projects as part of their entry class into supply chain management, MBA 541. I have been teaching this class, called Supply Chain Relationships, for the last 15 years at NC State.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Supply Chain Design Software Manufacturing Procurement 68

Supply Chain Trend

OCTOBER 31, 2016

To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders. For the next 6 weeks Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. Supply Chain Trend: Can you describe your first involvement in S&OP?

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

NC State SCRC

JUNE 27, 2017

While this can be an interesting exercise, it oftens fails to answer the direct of question “how should the procurement process be improved?” Moreover, a “snapshot” assessment will generally not consider the consistency to which supply chain processes are deployed. > Inventory levels. > > COGS. >

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Unleashed

FEBRUARY 28, 2021

Successfully rolling out a supply chain management system can be an extraordinarily complex and stressful project – not to mention expensive. In this guide to implementing supply chain management systems: What is a supply chain management system? Why implement a supply chain management system?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

Logistics Viewpoints

FEBRUARY 2, 2023

Technology’s place in supply chain operations is well established and much appreciated, as it helps improve accuracy, visibility, and efficiency from orders coming in and shipments moving out. He has led multiple implementations, guiding teams with his strong operational and inventory management skills, and deep knowledge of WMS.

Supply Chain Planning Software 203

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 203

BlueYonder

NOVEMBER 15, 2017

Being in the military also formed Rebecca’s passion for exercising and running. I understand, from the ground up, what it takes to manage multiple warehouses, inventory, deadlines under pressure and routing of convoys. The post Dedication to Career, Life and Family appeared first on Supply Chain Nation Blog.

Military 40

Military Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software 40

Unleashed

NOVEMBER 20, 2023

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52