Logistics Viewpoints

FEBRUARY 2, 2023

Instead of manually entering data at set intervals throughout the month – an after-the-fact exercise prone to errors and omissions – an automated solution captures billable activities correctly in real-time, improving overhead utilization, cost control, and revenue leakage at once.

Supply Chain Planning Software 273

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 273

Kinaxis

MARCH 27, 2018

The ability of a machine to perform human-like functions such as perceiving, reasoning, learning, interacting with the environment, problem solving and exercising creativity to form plans, make decisions and achieve goals. Artificial intelligence. Machine learning. Deep learning.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Optimization 261

Supply Chain Matters

MARCH 14, 2025

Supply Chain Matters highlights indications providing added evidence that manufacturers and retailers are front loading inventory management actions in attempts to initially hedge against added U.S. We cited indications of the post Lunar New Year ramp-up of global production levels to replenish inventories, more so than in prior years.

Inventory Reduction 52

Inventory Reduction Inventory Report Price Reduction 52

Demand Driven Technologies

DECEMBER 12, 2022

This exercise often comes down to one question: If I reduce inventory by X%, what does it save? On the other hand, if my new organization implies an increase in inventory, how can I take. Before deciding to invest company resources in a supply chain transformation project, we need to demonstrate a return on investment.

Inventory Reduction 98

Inventory Reduction Inventory Cost Reduction Strategies Exercises 98

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. This visibility is key to both the root cause analysis and the inventory rebalancing.

Supply Chain Planning Software 210

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 210

Logistics Bureau

JANUARY 16, 2025

When we talk about building a resilient supply chain, we’re not just discussing having backup suppliers or extra inventory. Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Typically it involves carrying extra inventory and hiring more workers than absolutely necessary.

Sourcing Strategies 74

Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 74

Logistics Viewpoints

MAY 26, 2022

There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization. Achieving this objective can be complex and challenging, demanding the collection, consolidation, and standardization of data from diverse sources, as well as the ability to analyze and visualize in real time.

Logistics Network Optimization Software 339

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 339

Logistics Viewpoints

OCTOBER 21, 2021

The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly. 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 260

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Modeling 260

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Does any of that sound like the past two years or so? Overall, U.S.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 285

ToolsGroup

OCTOBER 11, 2017

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. 9% reduction in inventory obsolescence (percent of inventory value). Customer service must come from inventories.

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

Logistics Viewpoints

JUNE 28, 2024

Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. The USDA has estimated that 30 percent of food loss occurs during agricultural production and harvest.

Logistics Network Optimization Software 284

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 284

Supply Chain Network

JUNE 7, 2011

Designed to enable wholesalers, manufacturers, retailers, and distributors to achieve best-in-class inventory management practices, NetSuite Demand Planning enables companies to forecast peaks and troughs in demand and minimize capital tied up in inventory.

Supply and Demand 110

Supply and Demand Inventory Management Software Demand Planning Supply Chain Planning Software 110

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. We should be able to see, with the click of a button, how much product is at the port of destination. And what is sitting in the warehouse. And at the cross-dock. And in the rail car.

Rail Software 246

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 246

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 Vendor Strategies Inventory Reduction 245

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

Logistics Viewpoints

MAY 22, 2023

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. Moreover, this exercise might need to be repeated several times depending on how the war proceeds. But optimization is much more than that!

Supply Chain Design Software 271

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 271

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

Logility

MAY 17, 2023

By leveraging a comprehensive platform companies can review scenarios through the lens of advanced demand, inventory and manufacturing planning optimization capabilities,” Henriott said.

Vendor Strategies 172

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 172

Unleashed

NOVEMBER 29, 2021

Manufacturers and brick-and-mortar retailers have been using software to manage their inventory for years – but inventory management is even more important when you’re running a business that operates in the complex eCommerce space. Learn more: Guide to Effective Multichannel Selling What is eCommerce inventory management?

Inventory Management Software 98

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

Talking Logistics

JUNE 29, 2017

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. Source: LLamasoft. The slide below provides an overview of SupplyChainPlanning.com: Source: LLamasoft.

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 74

Logistics Viewpoints

MAY 25, 2023

The first use case is MIT professor Yossi Sheffi’s idea for using generative AI to monitor all possible sources of risk for a given supplier to mitigate any disruptions. While there is endless speculation, from my reading two supply chain-specific opportunities intrigued me. And these are all capabilities very human in nature.

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Software Negotiating Skills Predictive Analytics Software 284

Logistics Bureau

NOVEMBER 3, 2024

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Place your main inventory holdings close to your logistic partner’s central hub.

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 74

Logility

MAY 31, 2023

Yet, annually refreshed models can be more supportive of yearly contracting processes and decision-making around in-sourcing and outsourcing logistics services. Plus, more tactical models supporting sales and operations planning time horizons can factor in product launches or sunsets, inventory policies, and demand-supply balance.

Optimal Sourcing 130

Optimal Sourcing Modeling Network Design Software Network Optimization 130

RFgen

MARCH 10, 2025

The problem lies in effectively balancing inventory across the supply chain. When demand surges, inventory needs to rise, and vice-versa. However, as we’ve seen in recent years, predicting these shifts and adjusting inventory accordingly is far from simple.

Optimal Sourcing 52

Optimal Sourcing Modeling Inventory Reduction Supply Chain Optimization 52

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

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Enterra Insights

JUNE 22, 2021

Businesses need to inventory the risks, as well as materials and products, in their supply chains in order to plan for and, in theory, mitigate those risks. Even the best plans won’t anticipate all contingencies, which is why they should be exercised for insights and shortfalls. ” Journalists Jen A. .”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Supply Chain Software 130

Unleashed

DECEMBER 8, 2019

Coffee retailers Campos Coffee source their beans from Kenya to Columbia to Brazil. Find out how they manage their complex supply chain with the help of inventory management software. The harvesting process is a very labour intensive exercise. Growing and harvesting. Transporting.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 95

Logility

MAY 20, 2021

According to McKinsey and Company , with a digitization of the supply chain they have the capacity to save 75% of lost sales, reduce transport and warehousing costs by 30%, and decrease 80% of administrative costs – all while cutting inventory by 75%.

Supply Chain Planning Software 131

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 131

QAD

MAY 22, 2025

Having said that, you should also consider developing alternative sourcing strategies. In addition, you need to periodically repeat this exercise. One critical component is aligning production planning and inventory with demand. You have the choice to source the same goods from a supplier in China or one in the UK.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

Arena Solutions

OCTOBER 10, 2024

Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Full transcript below: Heatherly Bucher Welcome to our session on Succeeding at Strategic Sourcing. Engineering and sourcing professionals build the platform for engineering and sourcing.

Analytics Software 62

Analytics Software Negotiating Skills Purchasing Skills Sourcing Strategies 62

o9 Solutions

MAY 19, 2025

This digital twin provides a comprehensive, multi-tiered model of the supply chain, integrating data from internal systems and external sources to create a dynamic, real-time view of the end-to-end network. The insights gleaned from these exercises are not theoretical. The entire response is agile, transparent, and executable.

Risk Management 40

Risk Management Modeling Optimal Sourcing Negotiating Skills 40

BlueYonder

SEPTEMBER 12, 2024

In addition, labor shortages, blocked shipping lanes and geopolitical uncertainty affect organizations’ ability to move products swiftly and profitably from Point A to Point B, which must certainly be part of the demand planning exercise. The current dynamic environment means that static monthly planning cycles are no longer enough.

Supply and Demand 106

Supply and Demand Demand Planning Software Supply Chain Planning Software Optimal Sourcing 106

Talking Logistics

NOVEMBER 10, 2015

In a survey I conducted a few years ago, supply chain executives viewed “direct conversations with other executives and peers” — in other words, peer-to-peer learning and networking — as the most valuable source of practical knowledge and advice. Source: Adelante SCM. Source: Adelante SCM. Source: ProLogistix.

Supply Chain Design Software 100

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Software 100

ivalua

SEPTEMBER 19, 2022

Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud. Common Supply Chain strategies, such as just-in-time inventory, exacerbate the impact of shocks.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

QAD

MARCH 5, 2020

The industry can sell pills, fad diets and short-cut exercise programs, but the bottom line is that most people who know will tell you the simple fact is you can’t outwork a bad diet. Every key vendor needs to be vetted, and then sourcing decisions need to be made and supply chain changes enacted.

Vendor Strategies 145

Vendor Strategies Cost Reduction Strategies Waste Reduction Price Reduction 145

Precoro

JUNE 3, 2025

Therefore, traditional sourcing is often reactive: a procurement manager reviews a purchase request , finds a supplier, negotiates terms, and moves on. Then, create and carry out a specific category strategy through sourcing and contract management. Procurement should act as a translator between business needs and sourcing options.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45