Everyone has experienced this scenario: a great event is planned in advance, a timeline is set with a predetermined flow of the party, from when guests arrive to the food and music, all the way to their departure at the end of the evening. Damage to product when handled or in transit. MORE
Sales and Operations Plan ning has become a standard process to improve business performance, collaboration and predictability. In fact, it’s become internalized to a degree that companies often have several (competing) S&OP pro cesses in different geographies & business units. MORE
A thorough description of goods is essential in order to determine proper customs classification. This can then be attributed to a customs tariff number. It is sensible for the supplier to include the importer’s item number in its invoice. MORE
Which means that, as it does every year at this time, space is about to get very tight. That can make it difficult to meet your delivery times unless you take proactive steps now to minimize the risk in your supply chain. Peak season for ocean freight shipping is underway. MORE
To meet consumers’ increasing appetite for choice, Fast Moving Consumer Goods (FMCG) manufacturers develop a huge amount of Stock Keeping Units (SKUs). This has a direct impact on packaging manufacturers who now need to find ways to cope with more diverse demand. MORE
It’s also essential to note that, not all stock outs or out-of-stock(OOS) carry the same severity levels or require the same form of actions. How to Track Your Inventory Stock Out Levels Using These Severity Codes & Alerts was first posted on March 15, 2018 at 8:58 am. ©2017 In an ideal world, your products would have on-shelf availability whenever your customer needs them. However, this is often not the case for many businesses. MORE
I often hear from novice shippers: “How can I find a great freight forwarder?”. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Check for references to gage the reputation of the freight forwarder. MORE
Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. MORE
Do you know how many boxes of raspberry gourmet coffee Kroger should keep at their store in rural Georgia? How would that computation be different from the logic needed to calculate the number of boxes of Corn Flakes at the same store? However, many open questions still arise when it comes to the other part of inventory: Slow movers. Think back to the raspberry gourmet coffee example. This allows companies to detect sudden and seasonal demands in advance. MORE
Well-designed loading dock procedures minimize delays, reduce damage to cargo and optimize productivity. Here are 3 quick ways to improve loading dock processes: Enhance Dock Safety. The loading dock is the access point for shipping and receiving. MORE
Over the years, supply chain professionals have been trying to improve supply chain efficiency so they can gain an edge over the competitions. One emerging way to combat demand variability is to locate (some) manufacturing closer to the customer. MORE
Gartner has identified five stages of supply chain planning maturity and they say that 70-80% of companies plan to increase their supply chain planning (SCP) technology spend over the next two years to climb to the next level. MORE
To tackle risks timely, we invite experts to explain what strategy really works. Christopher Tang, Distinguished Professor, UCLA Anderson School and Editor-in-Chief of the INFORMS journal Manufacturing and Service Operations Management (M&SOM) As supply chains become more complex, companies find their supply chains more vulnerable to both foreseeable uncertainty risks and unforeseeable disruption risks. Use dynamic pricing to manage demand of similar products. MORE
Inbound freight management is multifaceted and can eat up more than 40% of the average organization’s annual freight budget, according to Aberdeen Group. MORE
Omni-channel sales strategies have become essential to companies trying to keep up with Amazon and major retailers. Unfortunately, a lack of understanding in omnichannel supply chains has also led many companies to experience extreme issues in delivering on their promises. In fact, third-party companies already have the first step in the bag, and you need to understand why. Essentially, this lends itself to intelligent fulfillment. MORE
How and when will they have an impact on supply chains? Do you subscribe to the “Disrupt or be disrupted” mantra? And if everybody is out there trying to disrupt everybody else, does that lead to progress or chaos in the industry? Andrew Clarke, CFO at C.H. MORE
Are you confident it is ready to be deployed and executed? This post introduces a framework to assess your company’s strategy execution readiness, in order to align leaders around how to bridge your strategy to execution gaps. MORE
Rather than falling victim to the same problems, your organization should follow these tips to get ready for implementing omnichannel supply chain strategies. This means moving inventory to make it closer to markets where it is sells. Since using a store-as-a-distribution center is integral to keeping storage costs down in omnichannel, retailers should leverage technology and analytics to align inventory correctly. MORE
Retailers today are in a poor position to compete against a vertically integrated and fully digitized online giants like Amazon. The post Video: How to Digitize the Retail Supply Chain appeared first on The Network Effect. MORE
Demand Sensing can import demand data on an hourly rather than a batch or daily basis, immediately sensing demand signal changes as compared to a detailed statistical demand pattern, and then evaluates the statistical significance of the change. However take care not to misinterpret the data. MORE
Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. In this article, we have highlighted the most common, but often overlooked elements to consider. How you pack your products in the box is key to product damage control. . MORE
Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How do we monitor what our customers feel about us? MORE
The post How to Optimize Port Throughput in Global Supply Chains appeared first on The Network Effect. Ports play a critical role in international trade, yet they remain major sources of friction in global supply chains. It’s. MORE
leaving money on the table due to poor inventory performance. But, he says, with the right strategic plan, a retailer can make the jump to stage 3 supply chain planning, and greater profitability, in just 12-18 months. MORE
According to O*NET OnLine, a supply chain manager earns $103,530 per year in average. Functional resumes tend to list prior experience in terms of “duties.” If you’re an inventory planner, how many SKUs did you manage? MORE
When we compare different levels of sophistication and performance in supply chains, we can identify particular levels that we think are important to achieve, or that represent typical performance levels for supply chains as a whole. meaning “what speed do I have to beat to be the fastest?” MORE
It looks like summer is at its peak: It’s 35 degrees in Berlin today, and I’m looking forward to some yummy ice-cream with my son in the park. Here in Germany, you never know how long summer lasts. Summer can be gone quickly, just when you get used to it. MORE
It is possible for small and mid-sized companies to compete with these e-commerce companies with a little bit of creativity, a strong supply chain and great customer service. Companies like Amazon can often seem difficult to compete with, but following these helpful tips can help your business stand out among these companies and bring in customers. Today it seems like e-commerce giants are taking over the industry. MORE
The manufacturing industry has always been a hotbed for innovation and advancement — but it relies heavily on the workers who have the skills and training to fill those jobs. How can we help to prepare the industry for the next generation of manufacturers? MORE
Machine learning to boost your sales. The first example is to use machine learning for improving the results of your promotions and improving sales. Promotions planning is an important lever to use in an S&OP process. It allows to stimulate your sales when you have too much available capacity or have a significant impact on the desired product mix. There are many different possibilities to organize a promotion. Machine learning to improve S&OP adoption. MORE
The holiday season is upon us, and retailers must be prepared to avoid seasonal challenges. Return rates have amplified as the percentage of internet sales continues to develop. Only 20% of shoppers like to have a carrier pick up a package from their home. MORE
It was created initially by Oliver Wight and has become the standard procedure to improve business performance and predictability. But companies tend to struggle when it comes to finding the right technology to enable the process. Would you like to learn more? MORE
How to Measure Inventory Effectiveness. How to Measure Inventory Effectiveness was first posted on March 6, 2018 at 7:24 am. ©2017 I discussed some of the possible pitfalls when using inventory turnover as a measurement for effective inventory management. In this post, I’ll describe a simple technique for measuring inventory effectiveness. Read more. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. MORE
Financial executives measure inventory health with metrics like inventory turns because they view the firm from a financial viewpoint - such as how much working capital is being tied up. It is a measure of inventory holdings relative to the expected demand.”. MORE
According to recent research by the Korn Ferry Institute, all 100 senior supply chain executives the firm surveyed said digital supply chains have the potential to revolutionize businesses. Seventy-four percent admitted they still have a long way to go before that becomes reality. MORE
How To Related Topics PLS Logistics
MAY 8, 2018
It is possible for small and mid-sized companies to compete with these e-commerce companies with a little bit of creativity, a strong supply chain and great customer service. Companies like Amazon can often seem difficult to compete with, but following these helpful tips can help your business stand out among these companies and bring in customers. Today it seems like e-commerce giants are taking over the industry.
Arkieva
MARCH 15, 2018
It’s also essential to note that, not all stock outs or out-of-stock(OOS) carry the same severity levels or require the same form of actions. How to Track Your Inventory Stock Out Levels Using These Severity Codes & Alerts was first posted on March 15, 2018 at 8:58 am. ©2017 In an ideal world, your products would have on-shelf availability whenever your customer needs them. However, this is often not the case for many businesses.
ToolsGroup
FEBRUARY 6, 2018
Financial executives measure inventory health with metrics like inventory turns because they view the firm from a financial viewpoint - such as how much working capital is being tied up. It is a measure of inventory holdings relative to the expected demand.”.
Cerasis
JANUARY 8, 2018
The manufacturing industry has always been a hotbed for innovation and advancement — but it relies heavily on the workers who have the skills and training to fill those jobs. How can we help to prepare the industry for the next generation of manufacturers?
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The total cost to the shipping. 15-$20 billion annually, according to Boston Consulting Group (BCG). interdependencies with anywhere from 5 to 25 parties playing a role across 20+ milestones in the. own data and generate intelligence to. A prerequisite to deep.
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Cerasis
SEPTEMBER 15, 2017
Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. In this article, we have highlighted the most common, but often overlooked elements to consider. How you pack your products in the box is key to product damage control. .
AIMMS
MAY 14, 2018
Sales and Operations Plan ning has become a standard process to improve business performance, collaboration and predictability. In fact, it’s become internalized to a degree that companies often have several (competing) S&OP pro cesses in different geographies & business units.
The 21st Century Supply Chain
MARCH 13, 2018
According to recent research by the Korn Ferry Institute, all 100 senior supply chain executives the firm surveyed said digital supply chains have the potential to revolutionize businesses. Seventy-four percent admitted they still have a long way to go before that becomes reality.
Quintiq
JULY 27, 2016
It looks like summer is at its peak: It’s 35 degrees in Berlin today, and I’m looking forward to some yummy ice-cream with my son in the park. Here in Germany, you never know how long summer lasts. Summer can be gone quickly, just when you get used to it.
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The digital economy is upending all industries and processes, placing a premium on speed, customer satisfaction, personalized products, and collaboration
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Talking Logistics
SEPTEMBER 19, 2017
A thorough description of goods is essential in order to determine proper customs classification. This can then be attributed to a customs tariff number. It is sensible for the supplier to include the importer’s item number in its invoice.
Talking Logistics
SEPTEMBER 20, 2017
Which means that, as it does every year at this time, space is about to get very tight. That can make it difficult to meet your delivery times unless you take proactive steps now to minimize the risk in your supply chain. Peak season for ocean freight shipping is underway.
Arkieva
MARCH 6, 2018
How to Measure Inventory Effectiveness. How to Measure Inventory Effectiveness was first posted on March 6, 2018 at 7:24 am. ©2017 I discussed some of the possible pitfalls when using inventory turnover as a measurement for effective inventory management. In this post, I’ll describe a simple technique for measuring inventory effectiveness. Read more. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.
The Network Effect
MAY 4, 2015
Demand Sensing can import demand data on an hourly rather than a batch or daily basis, immediately sensing demand signal changes as compared to a detailed statistical demand pattern, and then evaluates the statistical significance of the change. However take care not to misinterpret the data.
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1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. looking to digital ly transform their. This led to a focus on larger store. stock, and the ability to transport goods on. have been forced to modernize and deliver. looking to transform their supply chains.
Cerasis
MAY 18, 2018
Omni-channel sales strategies have become essential to companies trying to keep up with Amazon and major retailers. Unfortunately, a lack of understanding in omnichannel supply chains has also led many companies to experience extreme issues in delivering on their promises. In fact, third-party companies already have the first step in the bag, and you need to understand why. Essentially, this lends itself to intelligent fulfillment.
Talking Logistics
OCTOBER 27, 2015
Everyone has experienced this scenario: a great event is planned in advance, a timeline is set with a predetermined flow of the party, from when guests arrive to the food and music, all the way to their departure at the end of the evening. Damage to product when handled or in transit.
PLS Logistics
NOVEMBER 13, 2015
The holiday season is upon us, and retailers must be prepared to avoid seasonal challenges. Return rates have amplified as the percentage of internet sales continues to develop. Only 20% of shoppers like to have a carrier pick up a package from their home.
Supply Chain Nation
OCTOBER 12, 2017
Do you know how many boxes of raspberry gourmet coffee Kroger should keep at their store in rural Georgia? How would that computation be different from the logic needed to calculate the number of boxes of Corn Flakes at the same store? However, many open questions still arise when it comes to the other part of inventory: Slow movers. Think back to the raspberry gourmet coffee example. This allows companies to detect sudden and seasonal demands in advance.
PLS Logistics
APRIL 21, 2016
Well-designed loading dock procedures minimize delays, reduce damage to cargo and optimize productivity. Here are 3 quick ways to improve loading dock processes: Enhance Dock Safety. The loading dock is the access point for shipping and receiving.
ToolsGroup
MAY 1, 2018
leaving money on the table due to poor inventory performance. But, he says, with the right strategic plan, a retailer can make the jump to stage 3 supply chain planning, and greater profitability, in just 12-18 months.
Talking Logistics
AUGUST 8, 2017
Machine learning to boost your sales. The first example is to use machine learning for improving the results of your promotions and improving sales. Promotions planning is an important lever to use in an S&OP process. It allows to stimulate your sales when you have too much available capacity or have a significant impact on the desired product mix. There are many different possibilities to organize a promotion. Machine learning to improve S&OP adoption.
Quintiq
OCTOBER 25, 2015
To meet consumers’ increasing appetite for choice, Fast Moving Consumer Goods (FMCG) manufacturers develop a huge amount of Stock Keeping Units (SKUs). This has a direct impact on packaging manufacturers who now need to find ways to cope with more diverse demand.
Cerasis
FEBRUARY 2, 2018
Rather than falling victim to the same problems, your organization should follow these tips to get ready for implementing omnichannel supply chain strategies. This means moving inventory to make it closer to markets where it is sells. Since using a store-as-a-distribution center is integral to keeping storage costs down in omnichannel, retailers should leverage technology and analytics to align inventory correctly.
The Logistics of Logistics
JANUARY 1, 2015
I often hear from novice shippers: “How can I find a great freight forwarder?”. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Check for references to gage the reputation of the freight forwarder.
ToolsGroup
NOVEMBER 7, 2017
Gartner has identified five stages of supply chain planning maturity and they say that 70-80% of companies plan to increase their supply chain planning (SCP) technology spend over the next two years to climb to the next level.
Supply Chain Opz
NOVEMBER 9, 2014
Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors.
Cerasis
MARCH 23, 2016
Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How do we monitor what our customers feel about us?
AIMMS
DECEMBER 1, 2016
It was created initially by Oliver Wight and has become the standard procedure to improve business performance and predictability. But companies tend to struggle when it comes to finding the right technology to enable the process. Would you like to learn more?
Supply Chain Opz
OCTOBER 10, 2014
According to O*NET OnLine, a supply chain manager earns $103,530 per year in average. Functional resumes tend to list prior experience in terms of “duties.” If you’re an inventory planner, how many SKUs did you manage?
Logistics Bureau
AUGUST 16, 2017
When we compare different levels of sophistication and performance in supply chains, we can identify particular levels that we think are important to achieve, or that represent typical performance levels for supply chains as a whole. meaning “what speed do I have to beat to be the fastest?”
Supply Chain Trend
DECEMBER 17, 2017
Are you confident it is ready to be deployed and executed? This post introduces a framework to assess your company’s strategy execution readiness, in order to align leaders around how to bridge your strategy to execution gaps.
Supply Chain Opz
JANUARY 22, 2016
To tackle risks timely, we invite experts to explain what strategy really works. Christopher Tang, Distinguished Professor, UCLA Anderson School and Editor-in-Chief of the INFORMS journal Manufacturing and Service Operations Management (M&SOM) As supply chains become more complex, companies find their supply chains more vulnerable to both foreseeable uncertainty risks and unforeseeable disruption risks. Use dynamic pricing to manage demand of similar products.
PLS Logistics
OCTOBER 6, 2016
Inbound freight management is multifaceted and can eat up more than 40% of the average organization’s annual freight budget, according to Aberdeen Group.
Talking Logistics
DECEMBER 12, 2017
How and when will they have an impact on supply chains? Do you subscribe to the “Disrupt or be disrupted” mantra? And if everybody is out there trying to disrupt everybody else, does that lead to progress or chaos in the industry? Andrew Clarke, CFO at C.H.
Supply Chain Opz
DECEMBER 1, 2014
Over the years, supply chain professionals have been trying to improve supply chain efficiency so they can gain an edge over the competitions. One emerging way to combat demand variability is to locate (some) manufacturing closer to the customer.
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