Zipline Logistics

APRIL 20, 2020

Controlling costs in the supply chain is an excellent way for businesses in any sector to find increased profitability, but it is especially true for food ingredient shippers. Pragmatic analysis can uncover opportunities to make improvements that can help control inventory and manage costs. Know Your Customers.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software Supply Chain Design Software 52

IQMS

OCTOBER 2, 2019

Bottom Line: High performance, integrated food & beverage supply chains are the lifeblood of successful manufacturers in the industry, enabling them to flex in response to customer demand. It’s Time to Start Managing Food & Beverage Supply Chains For the Future, Not The Past.

Beverage 44

Beverage Supply Chain Planning Software Food Inventory Management Software 44

Supply Chain Matters

MARCH 6, 2024

Supply Chain Matters provides highlights and added perspectives to U.S. retailer Target’s recent reporting of Q4 and Fiscal 2024 financial and operational performance. billion, reflective of lower merchandise markdowns and lower inventory, supply chain, and digital fulfillment costs. percent to $5.7

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

Logistics Viewpoints

APRIL 10, 2024

Redundancy is the ability of a supply chain to have extra or alternative resources and options to cope with disruptions. A redundant supply chain has spare or backup capacity, such as inventory, equipment, facilities, and suppliers, that can be activated or mobilized in case of disruptions.

Baltimore 250

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

Supply Chain Shaman

MAY 1, 2023

Certain supply chains like maintenance parts, designer/fashion items, new product launches, and food service items must be managed in an agile supply chain. As shown in Figure 2, in a recent survey, we find that only 23% of companies are clear on the role of the supply chain as it ties to the business strategy.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Supply Chain Matters

FEBRUARY 22, 2024

Supply Chain Matters provides highlights and added perspectives to retailer Walmart’s report of Q4 and Fiscal 2024 financial and operational performance. Same store sales growth (excluding food) increased 4 percent during the quarter vs. equity analyst consensus expectation of 3.1 operations. percent to $648.1

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

Supply Chain Shaman

DECEMBER 28, 2020

Strangely, in the last decade, while companies had the opportunity to use technology better, supply chain performance declined. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. Days of Inventory Comparison.

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Supply Chain Shaman

AUGUST 12, 2020

After six months of analysis, we decided the best fit was the combination of growth, inventory turns, operating margin, and Return on Invested Capital. As shown in Figure 2 with the orbit chart of Lenovo, the progress of supply chains is gnarly. Orbit Chart of Lenovo Performance Against Peer Group. The reason?

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

BlueYonder

MARCH 12, 2024

Manufacturers of consumer products — including packaged goods, food and beverages, and life sciences — face both opportunities and challenges. They can include product shortages, excess inventory, lost sales, markdowns, and damage to both retailer and consumer relationships. But much of this growth can be attributed to price increases.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Supply and Demand Scenario Planning 70

Logility

AUGUST 15, 2012

Interest in inventory optimization continues to increase as companies seek a more efficient way to reduce excess inventory while maintaining or improving customer service levels. Multi-echelon inventory optimization (MEIO) is also playing a larger role in the sales and operations planning process (S&OP).

Inventory Reduction 102

Inventory Reduction Optimization Software Supply Chain Optimization S&OP 102

Logility

AUGUST 15, 2012

Interest in inventory optimization continues to increase as companies seek a more efficient way to reduce excess inventory while maintaining or improving customer service levels. Multi-echelon inventory optimization (MEIO) is also playing a larger role in the sales and operations planning process (S&OP).

Inventory Reduction 100

Inventory Reduction Optimization Software Supply Chain Optimization S&OP 100

Supply Chain Shaman

MARCH 28, 2016

Historically, the traditional supply chain focused on improving costs. Today, more mature supply chain teams focus on delivering value. While companies want to improve supply chain performance and drive value, it is easier said than done. Inventory Turns. Cash-to-Cash. The answer is simple.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

MARCH 18, 2018

The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The cash-to-cash definition is: Cash-to-cash= Days of Receivables+ Days of Inventory-Days of Payables.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 171

PINC

AUGUST 3, 2020

Supply chain complexity is increasing as customers demand a wider selection of products, a broader choice of channels, and more promotional offers. Collaboration would help partners resolve supply problems more efficiently and effectively—creating value for all supply-chain participants as well as for consumers.”.

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

The Logistics & Supply Chain Management Society

JULY 20, 2020

retail, e-commerce, food production). The rush to stockpile basic needs like food, beverages and toilet paper led to a dramatic increase in sales at retail outlets such as supermarkets. It helps the supply chain become compressed and tightly integrated through shortened life cycles, lead times and minimised operations’ cost.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Matters

NOVEMBER 21, 2022

The retailer’s CFO indicated that cost controls and notable market-share gains in sales of food and grocery items contributed to better-than-expected results. Touted was that households with incomes in excess of $100,000 were shopping more at Walmart for food and grocery to stretch tight household budgets. billion overall loss.

Retail 52

Retail Inventory Reduction Price Reduction Demand Planning Software 52

QAD

FEBRUARY 25, 2020

Improved forecasting accuracy ensures optimal supply chain performance, enhanced material consumption and reduced freight expediting costs that decrease unnecessary greenhouse gas emissions and costs to the company. The supply chain is another area with plenty of room for improvement where sustainability can benefit.

Waste Reduction 144

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 144

Logistics Viewpoints

OCTOBER 4, 2021

A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. The company provides demand and inventory planning solutions based on a public cloud architecture. I look forward to this study every year.

Inventory Reduction 221

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 221

Supply Chain Shaman

AUGUST 5, 2015

At Supply Chain Insights, we published a report card yesterday. The report analyzes supply chain performance and improvement by the Consumer Products Leaders in the period of 2006-2014. In the last five years, consumer products and food/beverage leaders faced different challenges. A Look Back.

Agile and Lean Supply Chain 150

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain 150

Logility

APRIL 10, 2019

At the 2019 Velocity Conference we recognized several companies for their digital supply chain transformations. Siemens Healthineers and Smithfield Foods, Inc. Commodity prices, weather information, market trends and geospatial data are just a few of the data points that can influence short-term supply chain performance.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply and Demand Optimal Sourcing Forecasting Software 100

ThroughPut

AUGUST 12, 2021

Food and Beverage (F&B) companies operate under unique market conditions, such as high market volatility. The industry faces losses worth billions due to excess inventory, heavy discounting, and unavailability of stock. Global food trends in the pandemic saw some interesting variations from the norm. Greater visibility.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction S&OP Scenario Planning 52

Supply Chain Matters

MAY 19, 2022

Somewhat similar to the exploding supply chain driven cost and excess inventory narrative indicated by Walmart executives, Target executives cited fuel and freight costs as soaring in the prior quarter and are now indicating an additional $1 billion in higher costs for the current year, more than anticipated.

Supply Chain Planning 52

Supply Chain Planning Supply Chain Strategy Retail Inventory Reduction 52

Enterra Insights

APRIL 13, 2023

What’s more, 39% say getting a good deal is as pleasing as eating their favorite food, and 37% believe it’s as good as going on vacation. ” In addition to leveraging advanced digital technologies, both ToolsGroup and McKinsey & Company analysts insist that retailers must improve their supply chain performance to survive.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Supply Chain View from the Field

NOVEMBER 11, 2014

As more data becomes available in the grocery and retail environment, organizations are re-thinking their supply chain processes to drive increased automation, improved performance, and increased inventory turns. I also interviewed executives at Key Foods in New York, and P&G in Europe.

Analytics Software 68

Analytics Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 68

Supply Chain Shaman

FEBRUARY 22, 2015

I get called frequently to talk to supply chain leadership teams about inventory. Often the CEO hires a strategic consultant to audit the supply chain, and they roll through the organization making inventory promises. What CEO does not like the concept of reducing inventory? It is cash.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

Logistics Bureau

JANUARY 7, 2020

That figure highlights like no other how critical the interrelations are between an enterprise and its supply chain. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies. Pioneered the use of vendor-managed inventory. Inventory shortages.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

ShipBob

APRIL 26, 2023

In an ecommerce business, supply chain performance is one of the key factors affecting the performance of the business as a whole. If the supply chain isn’t moving as seamlessly as it should, it could cause disruptions further down the line, and even result in delivery delays and customer disappointment.

Supply Chain Planning Software 52

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

Locus

DECEMBER 7, 2021

Since the onset of the COVID-19 pandemic, businesses in the Middle East fared well in facing supply chain risks compared to those from other regions, despite reportedly facing a high number of logistics shocks as seen in Africa. They have started earmarking their investments for food supply chain networks since the pandemic.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

Supply Chain Shaman

FEBRUARY 12, 2017

Note that neither company is making progress at the intersection of operating margin and inventory turns. The level of performance in 2015 is the same as 2006. Performance of BMS and Merck at the Intersection of Inventory Turns and Operating Margin. We are not as mature as CPG or Food/Beverage.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

ThroughPut

DECEMBER 6, 2023

Supply chain predictive analytics enhances operational efficiencies and offers a unique competitive edge in today’s fast-paced business landscape. Companies implementing supply chain predictive analytics experience a multitude of benefits. So, how does predictive analytics help with that?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Logility

MARCH 2, 2011

Tony Hipszer, CIO, Pinnacle Foods, will share how the IT organization is critical in the supply chain integration process, specifically managing changes in key segments and shifts in structural and cultural dynamics to drive substantial strategic gains. Don’t forget to check out Lora’s blog, Supply Chain Shaman.

Optimal Sourcing 100

Optimal Sourcing Florida S&OP Logility 100

ThroughPut

DECEMBER 8, 2023

In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Supply Chain Matters

JULY 6, 2022

Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter. Mark Tritton, a former executive at general merchandise and food retailer Target joined Bed Bath & Beyond in 2019 with an agenda to overhaul operations and boost sales volumes.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

RFgen

SEPTEMBER 28, 2015

Inventory management strategies surrounding traceability must account for seasonal demand for products. For example, fall is pumpkin spice season in many retail food stores. Supply chains need to know which locations show the most interest and distribute goods to the top-performing areas. Sometimes seasons change.

Supply and Demand 52

Supply and Demand Manufacturing Procurement Supply Chain Software Inventory Reduction 52

RFgen

SEPTEMBER 28, 2015

Inventory management strategies surrounding traceability must account for seasonal demand for products. For example, fall is pumpkin spice season in many retail food stores. Supply chains need to know which locations show the most interest and distribute goods to the top-performing areas. Sometimes seasons change.

Supply and Demand 52

Supply and Demand Manufacturing Procurement Supply Chain Software Inventory Reduction 52

Supply Chain Shaman

AUGUST 11, 2016

For example, in the medical device supply chain is the customer the doctor, the hospital or the patient? In Agrosciences is the customer the distributor of seed/additives, the farmer or the downstream purchaser of food products? In the case of the consumer supply chain is the customer, the retailer, the shopper or the user?

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150