Supply Chain Shaman

JUNE 9, 2023

Companies need a planning solution to analyze the trade-offs between make, source, and deliver. 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. I term this bi-directional orchestration. My response is a big YAWN.

Optimal Sourcing 314

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 314

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). 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. So, we began the discussion.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

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

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). 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. So, we began the discussion.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

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. GP, for example, has also had success in demonstrating that Causal AI can solve difficult sourcing problems.

Georgia 225

Georgia Optimal Sourcing Modeling Modeling Software 225

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 95

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 95

ivalua

JULY 22, 2015

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. alternatives.

Optimal Sourcing 100

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 100

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

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

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. Logility, Inc.,

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 204

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 104

Optimal Sourcing Innovation Optimization Software Manufacturing Procurement 104

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

ivalua

SEPTEMBER 28, 2020

After this came the next AP Automation project, and ever so slowly, innovation just became the norm, now it’s legacy Invoice Processing. So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. There are exceptions to every rule, and that rule just doesn’t work.

Supply Chain Software 237

Supply Chain Software Manufacturing Procurement Procurement Solutions Supply Chain Network Software 237

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. 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. China was the source of over 90% of PPE.) Evaluate Inventory. Evaluate inventory health weekly.

Supply Chain Planning Software 443

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 443

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. This practice is illegal.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Shaman

FEBRUARY 14, 2022

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

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

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 was all about companies trying to go into countries that had low-cost sourcing capabilities, as well as to capture new market. Now it is all global. Sunil: The No.

Manufacturing Procurement 131

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 131

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

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

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

Supply Chain Shaman

MAY 18, 2019

Teams continuously balance cost, customer service, asset utilization and inventory. For most –hamstrung by silo-based strategies for source, make and deliver–there is no clear definition of supply chain strategy. The combination of cloud, cognitive computing and open source analytics is evolving. Governance.

S&OP 180

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 180

QAD

JANUARY 24, 2023

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. Detained withhold release order (WRO) shipments move to a bonded facility: After a WRO is administered, importers can move inventory to a bonded facility until admissibility determination by CBP.

Manufacturing Procurement 97

Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 97

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 72

Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 72

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

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 202

Supply Chain Planning Software Chemicals Supply Chain Design Software Sourcing Strategies 202

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

Supply Chain Matters

JULY 28, 2023

None the less the agency indicated that this is remains a dynamic situation requiring collaboration with partners in government, industry and the broader healthcare system to minimize overall impacts. Our initial analysis has identified less than 10 drugs for which Pfizer’s North Carolina plant is the sole source for the U.S.

North Carolina 52

North Carolina Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 52

BlueYonder

AUGUST 28, 2023

The world’s supply chains have been stalled by challenges like labor capacity, imperfect inventory positioning, unpredictable supply, rising costs, and prolonged fulfillment times. They need to source products from the most cost-effective, reliable suppliers, then store them as close to the final customer as possible.

Optimal Sourcing 74

Optimal Sourcing Data Inventory Management Software Analytics Software 74

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Today’s innovators are making some amazing inroads for this. We can help business leaders by providing insight on the environment benefits or disadvantages of their different sourcing options to start with, but after that comes the physical moving of goods. Circular Design – The Right Product. Do not pass over incremental solutions.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

SYSPRO Smarter ERP

FEBRUARY 17, 2022

With increased regulations around quality and traceability , plus consumer buying habit changes during the pandemic, innovation is now critical for survival in the food and beverage industry. Improve governance and compliance. Traceability and product recalls. How to select the best ERP solution.

Manufacturing Procurement 105

Manufacturing Procurement South Africa Manufacturing Beverage 105

Logility

OCTOBER 29, 2021

They are coming to the realization that they must innovate and build resilience for whatever might come next. To optimize throughput and capacity utilization, process manufacturers must effectively manage inventory, apply predictive analytics, and gain supply chain transparency through digital transformation.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

Arena Solutions

MARCH 21, 2023

As vulnerable as our planet is becoming, individuals, governments, and businesses are feeling the pressure to make changes using new concepts and frameworks that focus on creating products and services that are more sustainable and more circular. Using renewable energy sources that can create long-term sustainable energy consumption.

Manufacturing Procurement 80

Manufacturing Procurement Waste Reduction Resource Reduction Material Savings 80

SYSPRO Smarter ERP

MARCH 2, 2022

This means that the past practice of just-in-time inventory management will need to be more flexible and allow a just-in-case approach. Just-in-case involves holding more inventory so that sales are not lost due to inventory being unavailable. Resiliency. Risk management. Digital transformation of procurement.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Unleashed

MARCH 6, 2024

Three reasons why it’s important to improve supply chain agility: Remain adaptable to market changes: Responding quickly and effectively to changes in customer preferences, demand patterns, and product innovations helps you to capture new opportunities and gain a competitive edge.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

SYSPRO Smarter ERP

MAY 22, 2023

A sustainable chain involves implementing sustainable practices at each stage of the supply chain, from raw material sourcing and production to transportation, distribution, and end-of-life disposal. What is a sustainable supply chain? A recent report by the IDC noted some benefits of these programs.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Sustainability 98

OptiProERP

NOVEMBER 14, 2023

Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations. This involves optimizing processes to reduce overproduction, wait times, unnecessary transportation, and excess inventory , which not only conserves resources but also saves money.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52