Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind.

Enhancing Supply Chain Network Design with Sophisticated Inventory Optimization

CHAINalytics

By Chris Keller | Principal, Supply Chain Design | Chainalytics | The complexity involved in simultaneously optimizing a supply chain network and the inventory within that network has traditionally proven to be a sufficient barrier to completing such exercises.

Inventory Management in Service Logistics Industry

Talking Logistics

What is Inventory Management? The answer varies from function to function in the supply chain. For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. Is there a common trend in inventory management?

What are supply chain professionals using to make network decisions? 

AIMMS

We recently created a quiz to help supply chain professionals answer this question. Our goal was to help you identify potential improvement opportunities by answering a few questions and get a temperature check on the current landscape of network design solutions.

The Best Way to Set Inventory Targets?

ToolsGroup

Source: Gartner, Cover Considerations—How to Optimize Retail and Consumer Product Inventory Targets, 2017. But I have to differ with the conclusions of a recent report, “ Cover Considerations — How to Optimize Retail and Consumer Product Inventory Targets.”.

An executive’s guide to AI in supply chain management

Kinaxis

by Alexa Cheater Faster, smarter, more profitable supply chain decisions. But that’s starting to change as future-focused executives see the potential to improve profitability and productivity by making faster, smarter supply chain planning decisions.

Supply Chain Design: Growing Scope, Community, and Collaboration

Talking Logistics

One of my predictions for 2015 was that more companies will start treating Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise. The line between Supply Chain Design and Supply Chain Planning is fading.

Customer-Centric Supply Chains: Adding Clarity to the Muddle

Supply Chain Shaman

The topic was customer-centric supply chains. We started the morning by asking attendees to share their definition of a customer-centric supply chain. He said, “I am not sure if this exercise makes sense. Customer-Centric Supply Chain Definition.

Next-Gen Supply Chain Management

Talking Logistics

Major transformational change in supply chain and logistics is not a frequent occurrence, but it has happened with regularity throughout history: The advent of the steam engine and the related rise of railway and steamship lines. And now, the new-age supply chain will take the next leap forward through integrated technology-enabled solutions. Transportation now accounts for about 63% of total supply chain cost, so it is vital to get right.

[INFOGRAPHIC] Supply Chain Planning: 4 Essential Year End Questions to Ask Yourself

Cerasis

Editor's Note: This guest contribution the Cerasis blog comes from our friends over at Fronetics an inbound and content marketing company who specializes in marketing for companies with a keen value adding business model for those in the supply chain and logistics industries.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

For example, 3PLs and software vendors did pay more attention to serving the needs of small and mid-sized businesses (SMBs) and companies in the Energy and Process Industries (see TMS for SMB: Breaking Down the Barriers , Oil & Gas Companies Focus on Eliminating Supply Chain Waste , and Collaboration and Optimization in the Oil & Gas Industry ). Making supply chain and logistics predictions is like throwing darts at a moving target.

Is it time to integrate your supply chain design with execution?

JDA software

It wasn’t that long ago that integrating all the strategic, operational and tactical aspects of your end-to-end supply chain was considered a pipe dream. its inventory management and where and how well it deploys inventory to optimize customer service levels and profitability.

Gartner's Five Stages of Supply Chain Planning Technology Maturity

ToolsGroup

In any business or trade you need the right tools for the job, and the supply chain business is no different. At every level of supply chain expertise and competitive differentiation you use certain tools, and seek others to move to the next level. He calls this the Scotch tape of supply chain planning. Gartner calls Stage 3 maturity the Swiss Army Knife of supply chain planning. Supply Chain maturity stage ….

How Resilient is Your Global Supply Chain?

3rdwave

Almost since 1982 when Keith Oliver coined the term supply chain, analysts, reporters, academics, and consultants have written about supply chain resiliency. The resiliency of its global supply chains are going to be stress tested.

[Video] Kinaxis – Revolutionizing supply chain planning

Kinaxis

Check out the video below as well as links to other supply chain practitioner and Kinaxis executive interviews. Company processes are disconnected because their supply chain planning has grown up in a siloed manner, says John Sicard, president and CEO of Kinaxis.

Friends with Fitbits: Fitness tracking and taking supply chain planning to the next level

DELMIA Quintiq

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. Planet Planning Supply Chain Planning & Optimization

3 Supply Chain Planning Fundamentals for the Holidays

Oracle SCM

This blog post was co-authored by Lionel Albert, Oracle's Senior Director EMEA, Manufacturing and Supply Chain Planning. Customers also have the ability to buy online return in store (BORIS), so inventory can be returned almost anywhere throughout the distribution network.

Where Does Supply Chain Design End and Planning Begin? (Takeaways from LLamasoft’s SummerCon 2017 Conference)

Talking Logistics

When it comes to supply chain design, we’re at another inflection point in the industry. Today, Supply Chain Design is becoming more operational and real-time, as companies have to respond more quickly and intelligently to fast-changing forces impacting their business (e.g.,

The 5 Point Last Minute Black Friday Supply Chain Checklist!

Supply Chain Game Changer

Last Minute Supply Chain Preparation! For Supply Chain teams this means that time is running out to ensure that all of the planning, preparation, contingencies, resources, systems, processes and goods are in place. Is Your Inventory In Place? Subscribe Here!

Friends with Fitbits: Fitness Tracking and Taking Supply Chain Planning to the Next Level

Talking Logistics

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. It’s been a busy week and I forgot to charge my Fitbit.

I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

This is not only true for financial investments, but also for supply chain and logistics predictions. Here’s one of my predictions for 2016 that hit the mark: Blockchain Technology Will Make Its Debut in Supply Chain Management. The Hackers Inside Your Supply Chain.

Jeroen van Weesep (Lego) is the Supply Chain Professional 2014

Supply Chain Movement

– The Netherlands, 5 June 2014 – Jeroen van Weesep from Lego is the new figurehead of Dutch supply chain management. Share this honour with your team and enjoy all the attention you’ll receive,” said the Supply Chain Director Benelux. “It’s

Technology is Transforming the Supply Chain

Enterra Insights

One of the most important areas for technology investment is the supply chain. A couple of years ago, McKinsey & Company analysts noted, “The digitization of supply chains will have the biggest impact on [a company’s] revenue, yet 49% of companies are investing in digitizing their distribution channels or marketing instead. Only 2% of companies are applying digital strategies to the supply chain.”[1]

Top 2016 Supply Chain Strategy Posts from the Supply Chain Link Blog

Arkieva

Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. Here is a list of the Top 20 Supply Chain Strategy Blog Posts from 2016. My Vision for Supply Chain 2020?

The Future of Supply Chain Management is in AI

ThroughPut

McKinsey Report : Firms will derive between $1.3 – 2 Trillion a year in economic value from using AI in supply chains and manufacturing. Bring the much-needed accuracy in Supply Chain Planning (SCP) through Machine Learning.

The Future of Supply Chain

FLEXE

Earlier this year, we spoke to 16 experts about the future of supply chain and where it’s headed. Industry disruptions aren’t slowing down, technology continues to evolve, and buying behaviors and expectations are changing—all of which affects the supply chain.

The Future of Supply Chain

FLEXE

Earlier this year, we spoke to 16 experts about the future of supply chain and where it’s headed. Industry disruptions aren’t slowing down, technology continues to evolve, and buying behaviors and expectations are changing—all of which affects the supply chain.

Sales, Inventory & Operations Planning (SiOP) – Part Two

Arkieva

Whereas supply chain wants to see the physical volumes, finance wants to see Euros or Dollars. Where supply chain wants to see details, finance is OK with aggregated levels like per region and product group. Inventory Management S&OP Supply Chain Supply Planning

Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

Cerasis

With this varied inventory, plus a large direct sales force in more than 170 countries and an unpredictable sales cycle, effective supply chain management is critical for continued growth. Supply chain management was not always a competitive advantage for Whirlpool.

Six Steps to successful Supply Chain Benchmarking

Supply Chain Movement

The need to benchmark supply chain performance runs deep in many companies. Completing a supply chain benchmark successfully, while important, is not enough by itself to ensure ongoing effective performance management.

Supply Chain Career Changes – How to Get In, Get On, and Get What You Want

Logistics Bureau

Through its extensive span of activities, the supply chain sector offers wide-ranging possibilities for employment and career progression. In a different context, online retailer Amazon spotted inefficiencies in the supply chains of other companies.

How JDA is Reshaping Supply Chains of Tomorrow with AI

Supply Chain Nation

Blue Yonder is exciting because it helps JDA unleash tremendous value locked in the data sets of our customers by delivering the first productized artificial intelligence (AI) solution in the supply chain marketplace. It is common to see hundreds of store operators exercise their judgment on key decisions such as how much to order or what localized pricing to set. drive lowest inventory levels to meet desired service level agreement (SLA).

7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

The success of your business is inextricably linked to the performance of your supply chain. you have to make your supply chain successful too. The success of your business is inextricably linked to the performance of your supply chain. Supply Chain Strategy.

Top 5 Takeaways from the 2019 Gartner Supply Chain Conference

Alloy

Top 5 takeaways from the 2019 Gartner Supply Chain Conference A few weeks ago, many members of Alloy’s team were in Phoenix attending the Gartner Supply Chain Executive Conference and hosting attendees at our annual conference dinner.

Laying the Foundation for Advanced Supply Chain Planning Capabilities in the Food and Beverage Industry

Logility

As a former Director of Supply Chain Management for a large multi-channel food manufacturer I experienced first-hand the variety of challenging problems faced by supply chain planners in the unforgiving F&B industry. The F&B supply chain is complex.

Disruptive Times Require Adaptive Supply Chains

Enterra Insights

New business models are constantly challenging more traditional ones and supply chains need to adapt to these changing conditions. In particular, the supply chain is ripe for innovation. The future of the supply chain. Supply chain transformation is not a new phenomenon. Supply chains have been around since people realized they had things worth trading. Some beneficial outcomes of supply chain transformation.

Preparing the Supply Chain for the Hurricane Season

Enterra Insights

Alex Behrens reports, “ DHL Resilience360 recently released Stormy Weather Ahead: A Global Outlook on the 2019 Season to compile information about the impacts that even small storms can have and discuss the short- and long-term implications of these systems on existing supply chains. ”[1] Behrens adds, “Severe weather poses one of the greatest threats and the least predictable risks to global supply chains within our modern globalized economy.

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