QAD

JULY 1, 2021

Total manufacturing costs showcase how much your company spent to produce its inventory in a given period of time. This is not to be confused with the cost of goods manufactured (COGM), which refers to just the cost of inventory that was finished and prepared for the sale in the period. Notice that it’s direct materials.

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

Supply Chain Matters

AUGUST 8, 2022

Supply Chain Matters highlights two additional indices of global and US supply chain volatility relative to July 2022 global supply chain activity levels. In a prior published Supply Chain Matters commentary, we provided highlights of the various July 2022 PMI indices across select global supply chain regions.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Supply Chain Shaman

OCTOBER 13, 2022

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. Inventories increased by 44% due to supply chain volatility. See the pattern?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

The Logistics of Logistics

JUNE 23, 2022

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Logistics Viewpoints

FEBRUARY 2, 2024

Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5 While I like his optimism, I’ll believe it when I see it. And now on to this week’s logistics news. That’s all for this week.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

IQMS

JULY 22, 2019

The Warehouse Inventory Management Software market grew to $1.4B between 2017 and 2025 with the global market reaching $4.6B Warehouse Inventory Management software and systems help reduce infrastructure costs and enable the reallocation of existing IT resources to drive productivity improvements, according to IDC.

Inventory Management Software 60

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 60

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. Now that’s an ROI!

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Supply Chain Shaman

SEPTEMBER 20, 2015

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. In fact, the teams ignore the forecast.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Clear Spider

OCTOBER 26, 2022

For many of these successful companies, a Vendor Managed Inventory (VMI) system is the secret to their enviable growth. To break it down, efficient supply chain and inventory management practices should do two things: minimize inventory costs and maximize profits. Why Vendor Managed Inventory? The Problem with Sales Data.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. can be measured to define this metric. It is also important for accurately measuring some financial KPIs. Outbound KPIs. Customer KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. These functions include procurement, production planning, inventory management, logistics, and customer service. Analyze performance metrics and implement improvements to enhance efficiency.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Logistics Viewpoints

JUNE 26, 2023

In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supply chain transformation. What a Supply Chain Digital Transformation Means Unsurprisingly, a company as large as Mars has a highly complex supply chain involving global sourcing, manufacturing, and distribution.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

ToolsGroup

DECEMBER 16, 2021

With the advent of globalization, the Internet, and more recently, the proliferation of mobile technology into every aspect of our lives, there has been a remarkable shift in the world of retail from a product-centric to customer-centric model. Inventory is retailers’ greatest asset AND liability. Retailers are losing $1.75

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Unleashed

APRIL 11, 2024

Baltimore bridge disaster adds new stress to global supply chains. That’s why AOV is an essential metric to improve. Consider offering volume discounts and free shipping incentives to lift AOV. Inventory and marketing costs can be insidious parasites, gnawing at your margins. in March – up 2.5% from February.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

ModusLink Corporation

OCTOBER 16, 2023

3PL in Modern Supply Chains Introduction In today’s rapidly evolving global business landscape, supply chain management has become more complex than ever. They handle everything from warehousing and transportation to order fulfillment and inventory management, all while optimizing routes, transportation modes, and storage solutions.

3PL 78

3PL Supply Chain Planning Software Negotiating Skills Modeling 78

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). My observation is that over the last two decades and the myriad of mergers and acquisitions and the building of global supply chains, five things happened which makes it harder for organizations to make good decisions at the pace of business: Alignment. Focus on Cost. Focus on Cost.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

GlobalTranz

MAY 24, 2016

Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. The ideal TMS can maximize the efficiency of a warehouse and directly affect inventory management. Reduced Training Costs.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). My observation is that over the last two decades and the myriad of mergers and acquisitions and the building of global supply chains, five things happened which makes it harder for organizations to make good decisions at the pace of business: Alignment. Focus on Cost. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

AUGUST 12, 2020

The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result? The reason?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

3rdwave

JANUARY 17, 2020

Global transportation is the nexus through which all related international transportation information flows. Capturing, aggregating, and analyzing all the global supply chain transportation and product/SKU level detail is foundational to having end-to-end supply chain visibility. visibility to performance metrics.

Optimization Software 54

Optimization Software Supply Chain Optimization Demand Planning Software Supply and Demand 54

Supply Chain Shaman

OCTOBER 8, 2019

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The evolving pandemic, growing geopolitical tensions, nervous financial markets and increasing economic uncertainty means supply, both globally and locally, is at the very least, uncertain. In fact, global freight rates have increased tenfold since the start of the pandemic. GLOBAL CRISES DRIVE PRICES SKY-HIGH.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Matters

FEBRUARY 7, 2024

Supply Chain Matters highlights for readers the implications of Amazon’s ongoing global and domestic operational and last mile fulfillment network. We believe that these inventory management, customer and last-mile fulfillment strategies will have industry wide implications in terms of competitive stakes and cost-to-serve.

Supply Chain Network Software 52

Supply Chain Network Software Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Supply Chain Shaman

DECEMBER 10, 2014

If you ask companies if they would like better inventory and global supply chain visibility, you will get an overwhelming answer of, “Yes!” ” However, if you ask companies how they define and deliver global business visibility, you will get stares like, “Doesn’t everyone know what global visibility means?”

Supply Chain Network Software 279

Supply Chain Network Software Pharmaceutical Supply Chain Software Supply and Demand 279

GlobalTranz

OCTOBER 6, 2021

Delays and congestion worsen each year, inventory strains continually affect capacity, and customer needs remain ever-changing. Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Intelligent Audit

DECEMBER 13, 2021

The global pandemic has changed the transportation and shipping industry in many ways, some of which will linger for years to come. Issues with logistics and shipping capacity continue to haunt supply chain management as experts predict that the shipping bottlenecks and backlogs at big U.S.

Shipping 52

Shipping Cost Reduction Strategies Modeling Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. Shipping Frequency, Service Routing, Delivery Time, Compensation Clause, etc.,)

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Kinaxis

SEPTEMBER 6, 2016

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. A few days ago, the world’s seventh largest container shipping company by volume, Hanjin Shipping, filed for bankruptcy protection. Any such event will cause congestion in the ports. Such risks are on the rise.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. In 2014, a Supply Chain Council survey found that managing global supply chain complexity was among the top 5 major issues. Global supply chains are highly complex…even the simple ones.

Supply Chain Design Software 79

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 79

ShipBob

APRIL 26, 2023

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. How the upstream supply chain has been affected in the 2020s Global events over the past few years have greatly impacted the upstream supply chain. Let’s get into it.

Supply Chain Planning Software 52

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