Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

ThroughPut

JUNE 4, 2024

Effectively Managing inventory is a common challenge for many supply chain and manufacturing professionals. Start reading to find out how to optimize your inventory processes, reduce costs, and enhance operational efficiency in 2024. Let’s jump in. What Is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Supply Chain Shaman

OCTOBER 25, 2021

Manage Make, Source, and Deliver Together. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Leaders are blind that the most efficient supply chain (lowest cost) is not the most effective. Figure 1: Current State of a Global Manufacturer of White Goods. All are out of balance.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Shaman

OCTOBER 25, 2021

Manage Make, Source, and Deliver Together. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Leaders are blind that the most efficient supply chain (lowest cost) is not the most effective. Figure 1: Current State of a Global Manufacturer of White Goods. All are out of balance.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 336

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 336

Unleashed

FEBRUARY 23, 2023

New Unleashed research has found firms are holding double the stock they used to due to recent supply chain disruptions. So maximising liquidity – whether by improving cash flow or maximising the liquidity of the stock held – has become a major focus point for many supply chain professionals.

Inventory Reduction 52

Inventory Reduction Material Savings Expense Reduction Price Reduction 52

ShipBob

FEBRUARY 25, 2022

This involves keeping track of critical distribution metrics such as how many orders were shipped out on time because this is vital to determine how efficient their processes are, how satisfied customers will be, and whether they need to make improvements. The OTIF metric isn’t just for measuring delivery performance.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

Unleashed

JANUARY 10, 2023

In this supply chain planning guide: What is supply chain planning? Supply chain planning is the process of optimising the delivery of goods and services from manufacturer to consumer. It aims to balance supply and demand through accurate forecasting, ensuring maximum revenue and minimal spending.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

QAD

JULY 28, 2022

While building an EV requires a significantly smaller manufacturing footprint than what an ICE vehicle requires, many EV manufacturers lack the business systems and connections to support their production. ” Episode #7: Reflections of the Auto Supply Chain Prophets. Episode #10: Maps & Metrics.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 95

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. But how can companies unlock this capital? Higher chance of heavy reliance on external financing sources, such as loans or credit lines.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. Products available on backorder are are out of stock in the supplier’s warehouse but may still be purchased by consumers in advance of future availability. How long do backorders take?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

ToolsGroup

JUNE 2, 2023

Once upon a time, the world of manufacturing was a relatively stable place. But then, supply chain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. So how does a manufacturer navigate this rollercoaster?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

BlueYonder

JANUARY 31, 2023

In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions. Salim: Our automotive customers are increasingly looking at how to counter inflation but at the same time how to enable supply chain resiliency.

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. Often, sustainability risks are buried deep within a company’s supply chain. Cotton is a great example. Why Is This Important?

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. 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. What is a good inventory turnover ratio?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

DynaSys

JANUARY 20, 2021

And be able to apply such plans to the nature and scope of whatever disruptions arise in the future. When it comes to supply chain disruptions, your ability to weather storms financially depend on these factors. Though this is not the only customer management priority it becomes more important during disruptive periods.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Optimization 97

ToolsGroup

APRIL 1, 2022

Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages. And, to all of our supply chain friends – we thank you for your endless efforts to keep the supply chain in motion! Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

EcoVadis

JANUARY 8, 2015

Now more than ever, risk management is a vital part of the procurement function, and hence the CPO’s responsibilities. One main reason is because supply chains are growing longer and are getting more complex. Thus, the likelihood of supply chain disruptions has increased. Critical Driver.

Optimal Sourcing 40

Optimal Sourcing Risk Management Manufacturing Procurement Supply Chain Risk Management 40

Resilinc

MARCH 30, 2021

In Part 2 we are outlining how to put a plan to paper. Key tasks in the Plan phase include developing a business case, creating service agreements with internal customers, defining metrics, and building a team and governance structure. However, not all the value produced by an SCRM is related to disruptive events.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Planning Material Savings 62

American Global Logistics

DECEMBER 7, 2022

Supply chains are still plagued by external events over which they have little control. But businesses are learning how to manage external disruptions and manage internal ones more effectively. Geopolitical events weighed heavily on supply chains in 2022, promoting volatility and uncertainty. Both the U.S.

Russia 52

Russia Inventory Reduction Price Reduction Modeling 52

Unleashed

JUNE 7, 2023

As with hardware, inventory optimisation software should be purchased on an as-needed basis. Frequently review your supplier relationships and maintain open communication across the entire supply chain. Storage space optimisation A key consideration when optimising your inventory is where and how you store it.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

Talking Logistics

JANUARY 5, 2014

whenever you’re discussing supply chain strategy or decisions. Finding the answers will require a lot of data collection and hard work, but the return on investment will be clearly evident the next time a supply chain disruption occurs and you’re able to recover faster and with less financial impact than your competition.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 177

Vanguard Software

JULY 20, 2021

The demand plan alerts supply planners about the future requirements for products and services. Supply planners can then determine how to meet these requirements best. Supply planning includes distribution, manufacturing, and procurement. The seamless meld of demand and supply ensures profitability overall.

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Demand Planning Software 52

Unleashed

JANUARY 31, 2023

Supply chain disruptions are the enemy of product businesses. Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. Let’s explore how to make it work for your business. Let’s explore how to make it work for your business.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

Talking Logistics

JANUARY 4, 2016

whenever you’re discussing supply chain strategy or decisions. Finding the answers will require a lot of data collection and hard work, but the return on investment will be clearly evident the next time a supply chain disruption occurs and you’re able to recover faster and with less financial impact than your competition.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 100

USC Consulting Group

NOVEMBER 2, 2021

Supply chain disruptions have been a major challenge for manufacturers, and show no signs of abating. Here, David Newman, Supply Chain Practice Leader for USC Consulting Group, shares his insights into this pressing issue and offers tactics manufacturers can use to mitigate disruption risks.

Supply Chain Disruption 52

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

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. But when your supply chain isn’t meeting the company’s goals, what do you do?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

JUNE 7, 2024

Supply chain mapping provides a complete view of your supply network, revealing the intricate web of suppliers, manufacturers, and distributors involved in producing and delivering goods. Ensures resilience against supply chain disruptions. Helps in maintaining a stable workflow. Here are the steps.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Material Savings Inventory Reduction 52

The Logistics & Supply Chain Management Society

MAY 18, 2021

The sudden onset of Covid-19 only reinforced what supply chain professionals had already realized: uncertainty is the only real certainty. In their time lean manufacturing and just-in-time were game-changing concepts. A new hyper-focus to meet customer expectations is creating pressures upstream in the supply chain.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

DynaSys

JANUARY 13, 2021

Of course more prosaic disruptions, such as port closures, supplier problems, or competitive new product events, occur far more frequently. Typically supply chain disruptions are regional or market-centric. And on the supply and production sides, disease flare-ups, imposed shutdowns. Above all, preserve your cash.

Supply Chain Planning Software 60

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

Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. The reorder point is the level of stock at which you ought to reorder more stock (or components, in the case of manufacturers). Safety stock levels for manufacturers. Supply chain disruption results in long lead times. What is the safety stock formula?

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

The Logistics & Supply Chain Management Society

MAY 18, 2021

The sudden onset of Covid-19 only reinforced what supply chain professionals had already realized: uncertainty is the only real certainty. In their time lean manufacturing and just-in-time were game-changing concepts. A new hyper-focus to meet customer expectations is creating pressures upstream in the supply chain.

Agile and Lean Supply Chain 147

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Modeling 147

Supply Chain Opz

JULY 7, 2013

Supply Chain Disruptions: A Survival Guide. Do you feel supply chain risk management is too complicated to implement? This article will show you how one of the worlds leading companies put a theory into practice and survive many supply chain disruptions. Gather around! Literature Review.

Supply Chain Disruption 170

Supply Chain Disruption Supply Chain Strategy Manufacturing Procurement Supply Chain 170

ShipBob

NOVEMBER 15, 2021

In this article, we will discuss what logistics planning is, why it’s important for ecommerce, tips on how to optimize your logistics plan, and how a 3PL like ShipBob can help facilitate business growth by handling all internal and external logistics processes. Procurement and manufacturing. What is logistics planning?

Supply Chain Planning Software 98

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

Intelligent Audit

MARCH 21, 2022

Unify Your Freight Contract Data With a Single Source of Truth. This is accomplished by ensuring everyone has access to a single source of truth and reliable data-backed strategies. Freight contracts are easier to maintain with a reliable source of data and insight available.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Network Optimization 52

ShipBob

JULY 2, 2023

You begin drawing up sketches, doing manufacturer research, and brainstorming catchy names for your brand new product. Will customers complete repeat purchases? There’s such a thing as launching a product that is too niche where only a small subset of people are interested in purchasing. Will customers refer it to others?

Purchasing Skills 59

Purchasing Skills Price Reduction Sourcing Strategies Inventory Reduction 59

6 River Systems

JUNE 29, 2020

The COVID-19 pandemic caused unprecedented global supply chain disruptions, impacting the flow of parts and finished goods around the world. The disruption caused by COVID-19 is unique in that it impacted supply chains across all industries. Build flexible supply networks to minimize the risk of disruption.

Supply Chain Planning Software 116

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