Logility

AUGUST 17, 2021

Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. An advanced inventory planning and optimization solution allows these companies to set and maintain precise stock targets across a global network.

Modeling 130

Modeling Inventory Reduction Supply Chain Optimization Packaging 130

Supply Chain Shaman

JUNE 9, 2023

A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. A manufacturing company’s safety stock is 30-40% of the total inventory requirement. The form and function of inventory need to be addressed holistically, and this requires much, much more analysis than probabilistic forecasting. The reason?

Optimal Sourcing 319

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 319

Synovos

JULY 24, 2023

The four key goals are in the areas of advancing sustainability, championing education and innovation, empowering people, and doing business in a responsible way. RS’ overarching business purpose is ‘making amazing happen for a better world’ to deliver results for people, planet and profit.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

ToolsGroup

MARCH 26, 2024

The visualization and scenario planning of the physical and financial value chain overlaid with a digital representation of the actual flow of goods enables us to utilize longer-term strategic supply chain design variations and optimize inventory and service levels.” “Our

ToolsGroup 156

ToolsGroup Network Design Software Supply Chain Design Software Supply Chain Planning Software 156

ThroughPut

MAY 28, 2024

The DAF began offering the Open Topic SBIR/STTR program in 2018 which expanded the range of innovations the DAF funded and now on April 17 th , 2024, ThroughPut.ai will start its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America. government.”

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Optimal Sourcing Predictive Analytics Software 98

Supply Chain Shaman

SEPTEMBER 10, 2023

I was working on a report on the Multi-Enterprise Inventory Management (often termed MEIO) and I challenged Pete. As for MEIO, I was excited to see some innovation in the space, but the creativity was short-lived. The most innovative of the technologies were quickly acquired, and the promise waned. Rise in Inventories.

Supply Chain Planning Software 259

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 259

Global Trade Management

JULY 10, 2023

Optimizing the supply chain can help reduce production costs, lower transportation expenses, shorten lead times, minimize inventory levels, and enable companies to respond quickly to changes in demand. However, such programs often require innovation and investments, which may be a low priority during inflationary times.

Optimal Sourcing 52

Optimal Sourcing Expense Reduction Cost Reduction Strategies Inventory Reduction 52

Vinculum

APRIL 29, 2020

Inadequate inventory, uncertainties pertaining to logistics, resultant shipping delays are some of the over-the-top challenges encountered by the retail industry. At the outset of this global crisis, data governance is even more crucial for retail giants. With the rise in innovation-led globalization, data is becoming more distributed.

Government 52

Government Procurement Solutions Retail Data 52

Supply Chain Shaman

DECEMBER 27, 2022

McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I The technology is the easy part, but making a conscious choice on inventory deployment is challenging for companies. The focus needs to be on how to build governance processes to use the models.

Supply Chain Software 411

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 411

Supply Chain Shaman

JANUARY 31, 2022

A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. When we discussed it, he hung his head. The discussion needs to shift.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

FEBRUARY 7, 2022

A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. When we discussed it, he hung his head. The discussion needs to shift.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

MAY 4, 2023

The ability to gain broad and deep insights—including into environmental, social, and governance (ESG) requirements—is nothing short of mission critical. Following a path to progress A digital supply chain management platform allows CPG companies to unleash innovation and boost customer acquisition and retention. The reason?

Supply Chain Planning Software 218

Supply Chain Planning Software Supply Chain Software Analytics Software Forecasting Software 218

ToolsGroup

JUNE 6, 2023

With Demand Planning & Forecasting , Inventory Optimization , and Replenishment , the company is now equipped with an automated, AI-driven supply chain. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty.

ToolsGroup 156

ToolsGroup Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 156

Logistics Viewpoints

JANUARY 3, 2023

Direct access to customer data through D2C enables product improvement, innovation, and transition opportunities. Most commonly, the primary channels for CPG companies comprise retail, wholesale, distributors, government contracts, and e-commerce. To read the full article, click HERE.

Modeling 202

Modeling Supply and Demand Supply Chain Optimization Optimization Modeling 202

Logistics Viewpoints

APRIL 22, 2024

Mike Carroll, a vice president at Georgia-Pacific, and Ron Norris, director of innovation at GP While Generative AI has sparked great excitement, a form of artificial intelligence called Causal AI might offer much greater potential. Georgia-Pacific (GP) has demonstrated an application of Causal AI to dramatically improve touchless commerce.

Georgia 226

Georgia Optimal Sourcing Modeling Modeling Software 226

Material Handling & Logistics

DECEMBER 2, 2018

In that spirit, we’ve combed the MH&L archives for the most innovative supply chain developments of the past year, as reported in our print magazine, on our website, in our e-newsletters, or our various social media channels. We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Innovation 110

QAD

APRIL 1, 2019

The goal of all of our innovations is to help provide our customers with the agility they need to effectively respond to the opportunities in their rapidly changing business environments. Additional innovations were made in the areas of sourcing, inventory and order visibility within depot repair and related material management processes.

Optimal Sourcing 102

Optimal Sourcing Innovation Optimization Software Manufacturing Procurement 102

NC State SCRC

JANUARY 15, 2020

Today’s guest blog is written by my colleague Joseph Yacura, who co-authored the most recent Data Quality and Innovation Study. Supply chain innovation has been slow to materialize in most organizations. 2019 -Third Annual Data Quality and Governance Study ). 2019 -Third Annual Data Quality and Governance Study ).

Supply Chain Optimization 59

Supply Chain Optimization Innovation Modeling Supply Chain Design 59

ThroughPut

OCTOBER 16, 2022

A roadmap towards achieving demand-driven inventory replenishment planning. Therefore organizations which have a replenishment planning approach with a demand-driven module, ensures inventory optimization , reduces rework, and eliminates bottlenecks in the supply chain to enhance resilience. Why demand – driven replenishment?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

QAD

NOVEMBER 16, 2023

Changes in product packaging have been influenced by various factors, including consumer preferences, sustainability goals, and environmental, social, and governance ( ESG ) considerations. The transformation has touched all inventory levels from material sourcing to end product delivery. It still is.

Packaging 94

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 94

Supply Chain Shaman

FEBRUARY 14, 2022

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels. Industries carried on average 32 days more inventory in 2020 than in 2007.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Until recently, most businesses saw commitment to environmental, social and governance (ESG) standards, as a charitable move that lowers returns on investment. This is achieved by AI and ML which delivers more accurate optimised inventory, minimising overproduction and potential errors.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

The Logistics & Supply Chain Management Society

APRIL 19, 2023

As a result of these God given advantages, farmers have exploited these and through innovation managed to feed a big part of the world far beyond what that country or region needs for their own consumption. Cluster strategies contribute to a reduction of the carbon footprint of agri-food supply chains.

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

Logility

JANUARY 25, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, is committed to helping food and beverage, consumer packaged goods and durables, process manufacturing and fashion brands gain greater visibility, traceability and compliance within their supply chains. “In Logility, Inc.,

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 202

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

SCMDOJO

JANUARY 31, 2024

Salaries You Can Expect in Supply Chain Management Region-Wise: Here is a list of salaries for different supply chain designations: Demand planner, Supply chain analyst, Master scheduler, Purchasing manager, Inventory manager, Logistics manager, Procurement manager, Materials manager, Supply chain manager, and Supply chain director.

Supply Chain Design Software 74

Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 74

Supply Chain Shaman

JULY 18, 2017

” There are now chartered groups to innovate the business models. As shown in Figure 1, the company has been unable to maintain balance on the portfolio of cost and inventory. Note that recent inventory progress is slipping against the improvements during the recession). 2) Drive Process Innovation.

Supply Chain Planning Software 205

Supply Chain Planning Software Chemicals Supply Chain Design Software Sourcing Strategies 205

BlueYonder

FEBRUARY 14, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. It is all about how a manufacturer maintains its lead in this market, either looking to be a low-cost manufacturer or to innovate to be the leader in their market.

Manufacturing Procurement 125

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 125

NC State SCRC

JANUARY 1, 2023

My colleague Jason Miller from Michigan State is an expert at navigating the many different publicly available government database, and interpreting the tea leaves. Inventory will remain bloated for the first half of 2023, – and supplier relationships will be tested. Inflation will persist.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Unleashed

JULY 25, 2021

Improving food inventory control. The simplest approach to reducing food waste is to optimise inventory control. Effective inventory control can prevent food waste by helping limit the volume of surplus food generated, reduce overstocking, and improve overall food waste management. On-selling food waste as animal feed.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Orbit Chart for L’Oréal at the Intersection of Inventory Turns and Operating Margin.

Case Study 267

Case Study Inventory Reduction Agile and Lean Supply Chain Study 267

Logility

MARCH 16, 2023

Higher interest rates and materials prices are increasing the costs of carrying inventory. And rapid shifts in market demand always leave someone holding excess inventory. This is where we must venture outside our own databases and see what clues we can gather from various corporate and government sources.

Network Design Software 130

Network Design Software Network Design Supply Chain Design Network Optimization 130

SCMDOJO

MAY 2, 2024

Reduce Costs: By effectively managing disruptions and minimizing their impact, organizations can avoid costly downtime, production delays, and inventory shortages. Drive Innovation: Building supply chain resilience often requires organizations to innovate and adapt their business processes. A resilient supply chain can: 1.

Agile and Lean Supply Chain 73

Agile and Lean Supply Chain Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 73

SYSPRO Smarter ERP

JANUARY 29, 2024

Many governments are incentivising companies to invest in new manufacturing technologies, and the manufacturing sector in Asia has undergone significant change in recent years. With AI, it will be possible to use historical data and market trends to forecast demand and optimise inventory levels with more accuracy and reliability than before.

Manufacturing Procurement 52

Manufacturing Procurement Trends Manufacturing Inventory Management Software 52

Supply Chain Shaman

APRIL 15, 2020

I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. Operation Air Bridge by the US Government was also a welcome relief. Evaluate Inventory. Evaluate inventory health weekly. It is tough.

Supply Chain Planning Software 450

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 450

Savi

SEPTEMBER 11, 2019

Companies have achieved this by attention to Days Sales Outstanding (DSO) and Days Inventory On-hand (DIO) performance, both of which saw modest improvements of 0.1 Innovative supply chain management technology will spur the next leap forward. days respectively – the first improvement in five years. This will unlock cash.

Supply Chain Software 45

Supply Chain Software Optimization Software Analytics Software Predictive Analytics Software 45

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Seen optimistically, this challenging trade environment is a catalyst for a slew of innovative measures and creative tactics to mitigate tariff costs – although one could argue that supply chain optimization from a cost and performance perspective is something that firms should already be doing on an ongoing basis. Operational strategies.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245