ThroughPut

FEBRUARY 23, 2024

12 Key Supply Chain AI Use Cases Supply chain AI Use Case 1: Demand Forecasting Market instability is the Achilles heel of demand forecasting right now. And the effect of inaccurate demand forecasting is felt across the supply chain. Just about everyone in the supply chain gets negatively impacted by wrong forecasts.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

4WL Consulting

JULY 8, 2015

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.”

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Optimal Sourcing 100

Cathy Roberson

APRIL 6, 2022

Despite the number of visibility tools available on the market today, “lack of visibility” continues to be a common complaint in the supply chain market. Are today’s visibility tools missing something? But I’m not a technology expert. What's missing, if anything, from visibility tools?”

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

ShipBob

APRIL 26, 2023

Make sure you have an accurate idea of lead times in relation to your production and procurement processes. For instance, you may want to consider multiple transportation modes, like air and ocean freight, to decide which is the best option for the type of inventory you want to transport.

Supply Chain Planning Software 52

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

ShipBob

NOVEMBER 6, 2023

Using an inventory management software can help you keep track of inventory during physical inventory counts. By doing physical inventory counts you can improve demand forecasting, minimize stockouts, maintain inventory shrinkage, and more. In a digital world, your inventory audit methods must match.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. The machine learning algorithms in IBM’s Watson platform were able to determine if a shipping container and.or no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Unleashed

MARCH 23, 2021

Materials management involves the sourcing, procurement, storage and utilisation of direct or indirect materials (see below) used in the manufacturing process. That means someone has to analyse sales data and forecast demand in order to build a pipeline of suppliers able to meet said demand throughout its peaks and troughs.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. If you can optimise sales forecasting your inventory will turn over more regularly because it will sell, rather than sit on your shelves.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Unleashed

MARCH 31, 2021

Some basic supply chain and logistics KPIs you should be measuring — or using a Business Intelligene tool to keep track of. A lean business looking to build efficiencies would do well to try and improve this metric. A metric to determine how many days it would take to run out of supply if you did not replenish your stock.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Logistics Viewpoints

MARCH 31, 2022

If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges. For logistics teams, digital control towers add maximum value when they’re integrated with the transportation management system (TMS). Warehouse Task Automation.

Logistics Network Optimization Software 209

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 209

Unleashed

JANUARY 3, 2023

By using modern manufacturing software and technology solutions , you can create greater visibility over the manufacturing pipeline and other aspects of your business. Better business visibility can be achieved by investing in a best-of-breed software package. This will help you identify where you’re bleeding the most cash.

Manufacturing Procurement 96

Manufacturing Procurement Material Savings Expense Reduction Inventory Reduction 96

Unleashed

DECEMBER 2, 2020

A carefully calculated reorder point is therefore critical to good stock control, and keeps your key metrics looking healthy for your next inventory report. Growing product businesses should manage their stock using reliable inventory management software. Using the reorder point in your inventory management system. Go digital.

Procurement Analytics 85

Procurement Analytics Manufacturing Procurement Inventory Management Software Procurement Solutions 85

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. LinkedIn is the best platform for this. You can also use LinkedIn to scour the many supply chain jobs that are advertised on the platform. Marketing Yourself. Internships.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Supply Chain Shaman

SEPTEMBER 3, 2015

Before the benchmarking work, I believed that companies that were better forecasters would be better at inventory management. Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. Technology Cannot Help if We Don’t Support it Organizationally. Rising Volatility.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Matters

FEBRUARY 14, 2024

Specifically, EBIDA is currently forecasted to be in a range of between $1 billion and $6 billion this year. Technology tools that can identify risks and likely mitigation options before they become a significant impact. That compares to $9.8 billion profitability in 2023, and an astounding $36.8

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

ShipBob

FEBRUARY 26, 2024

This is where collaborative planning, forecasting, and replenishment (CPFR) comes in. What is collaborative planning, forecasting, and replenishment (CPFR)? Collaborative planning, forecasting, and replenishment (CPFR) is the method of coordinating various supply chain tasks between multiple parties (i.e., Let’s get started.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Logistics Bureau

JANUARY 19, 2016

Ineffective use of technology/software. Implement performance metrics and monitor a selection of key performance indicator. Naturally, there is the direct cost of procuring and holding the inventory. Making improvements to forecasting. Freight Costs. Over-charging by freight carriers.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

Elementum

JUNE 30, 2022

We’ll also highlight emerging technologies that we believe can have an outsized impact on global supply chains. Over the last 2 years, Supply Chain teams have been struggling to procure and manufacture enough inventory. Emerging technologies: drones taking flight Remember when drones were going to take over final-mile logistics?

Procurement Analytics 78

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

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. And the reality is that Supply Chain must be cost-effective.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

DynaSys

JANUARY 13, 2021

Sudden capital & cash shortfalls caused service levels to plummet and procurement and operations to scramble for alternatives. In manufacturing, capital investments in new machine tools and materials handling equipment. Examples: Packaged alcoholic beverages, packaged meals and frozen foods, bicycles, mobile collaboration software.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 60

ShipBob

NOVEMBER 15, 2021

Through logistics planning, these systems and functions are evaluated for cost, optimized for efficiency, and designed to withstand unexpected challenges. Additional tools like free standard packaging, data and analytics, and our best-in-class software are included at no extra charge to help you stay on budget and plan your logistics.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Supply Chain Shaman

NOVEMBER 15, 2021

Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. ” [link].

Supply Chain Design Software 315

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 315

Supply Chain Game Changer

NOVEMBER 9, 2018

You know the people, the processes and the metrics. Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. Poor metric performance (eg. Inability to forecast, do what-if analyses and to make and meet commitments. Poor leadership.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 43

Supply Chain Shaman

NOVEMBER 15, 2021

Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. ” [link].

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. ” [link].

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

ShipBob

SEPTEMBER 3, 2021

Though the pandemic isn’t forever, the push towards digital transformation will continue to support retailers as they build supply chain resilience and be prepared for almost anything — a sudden influx in demand, logistics procurement disruption, natural disasters, or a warehouse closure. What is supply chain transformation?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Inventory Management Software 97

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). This metric doesn’t just account for the cost of buying inventory. These two metrics can be calculated using their respective formulae. ShipBob provides a lot of distribution metrics, and everything presented is useful.”

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

NOVEMBER 17, 2020

” Here is a summary of how these Global Supply Chain and Business Leaders responded and shared their lessons learned: Kristie Syndikus, VP Procurement at Maple Leaf Foods. Despite all that I have mentioned above on technology any business is all about people. Plus, metrics protect you. Customers will eventually quit you.

Global 53

Global Supply Chain Planning Software Negotiating Skills Purchasing Training 53

Unleashed

APRIL 12, 2023

Here are some more differences between B2B and B2C fulfillment: B2B orders cost more to ship, can take longer to reach their destination, and may require specialized handling equipment for loading onto dedicated freight transporters. B2B procurement contracts can last for prolonged periods and be worth millions of dollars.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Overcome supply chain challenges – and maximize margins in the face of inflation – with retail planning software and demand forecasting tools. Consultancy UK). Deloitte ). Wall Street Journal ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Unleashed

JUNE 23, 2021

It’s seen businesses adapting rapidly, with technology playing a key role in giving managers the flexibility and efficiency to thrive. Cloud technology accelerates. Inventory forecasting. Cloud technology accelerates. The benefits of cloud technology for inventory management. 10 inventory management for 2022: 1.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

FLEXE

DECEMBER 11, 2016

FLEXE , Flexport and Convoy –three technology companies adding flexibility to the supply chain–,recently hosted the first Peak Logistics breakfast in Seattle, Washington. The founders of each company came together to discuss the overlap of technology and logistics and how it can be used to solve every day problems.

Modeling Software 31

Modeling Software Logistics Network Optimization Software Supply Chain Design Software Predictive Analytics Software 31

6 River Systems

DECEMBER 13, 2019

Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Implementing the right technologies, such as collaborative mobile robots , can help to optimize resource management and improve productivity.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Supply Chain Shaman

OCTOBER 7, 2012

Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? Alternate Bill of Materials and Alternate Sourcing: The more alternatives that exist through the manufacturing and procurement processes, the easier it is to design the supply chain to absorb cost and supplier variability. Is it S&OP?

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

6 River Systems

JUNE 29, 2020

“The pandemic, however, is affecting supply chains in the aircraft, automobile, electronic products, hospitality, medical, pharmaceutical, retail, technology, travel, and personal service/support industries.” “Business leaders should also look at how new tools and technologies can provide greater intelligence.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

ShipBob

DECEMBER 3, 2021

While this position goes by several other job titles (such as “Logistics Director”, “Head of Logistics”, and “Director of Supply Chain”), its basic purpose is always the same: to manage every step in the supply chain, including procurement , production, inventory management , fulfillment, and shipping. Ryan Casas, COO of iloveplum.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing 52

Unleashed

NOVEMBER 20, 2023

According to Neil Keegan, Head of Manufacturing at Automata Technologies, custom requests are a common problem area. Often, we end up asking the partner in Germany or Spain or somewhere, ‘Can you air freight this? It’s impossible to speak of manufacturing efficiency without mentioning the technologies that improve it.

Manufacturing Procurement 52

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