Supply Chain Shaman

OCTOBER 11, 2012

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory? I want to believe.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Relying on our experience in the industry and academic field, it is worth to say that if everything is urgent, nothing is urgent! Industry 4.0. Cyber Physical Systems (CPSs) are key enablers for Industry 4.0.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

NC State SCRC

JANUARY 16, 2024

The Department of Defense released four days ago its inaugural National Defense Industrial Strategy (NDIS), which is intended to guide the Department’s engagement, policy development, and investment in the industrial base over the next three to five years. This does not exist today.

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

Unleashed

OCTOBER 31, 2023

Greater compliance lifts your reputation within your industry, and amongst your customers, and it improves your standing with compliance monitors. Manufacturers can leverage this to attract, hire, and keep the best people in their industry while establishing a reputation as a preferred place to work.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. The US GDP in 2021 grew at an unexpected rate of 5.7% Focus on Cost.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. Strategic placement of inventory buffers to ensure sufficient ability to absorb shocks. One off recommendations are made about facility locations (i.e.,

S&OP 247

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 247

Supply Chain Shaman

SEPTEMBER 20, 2015

How will the policy be executed? Today, there is not a well-defined template on how to build and operate a supply chain defined by customer policy and segmentation strategy. Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Kinaxis

JUNE 1, 2015

by Andrew Dunbar Inventory is often the single largest asset on a company’s balance sheet and your inventory management process can have a huge impact on your organization’s bottom line. When you think about the priorities of your inventory management process, what’s the first thing that comes to mind? We want your feedback.

Inventory Management Software 100

Inventory Management Software Inventory Reduction Inventory Management Inventory 100

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. The US GDP in 2021 grew at an unexpected rate of 5.7% Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Kinaxis

JULY 23, 2015

by Andrew Dunbar This post concludes my inventory management blog series. Throughout this series I’ve proposed an elevated role for the inventory manager that challenges the assumption that an inventory manager is a victim of his colleagues’ business decisions and plays only a limited role in formulating inventory results.

Inventory Management Software 100

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 100

Unleashed

APRIL 15, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Kinaxis

JUNE 15, 2015

by Andrew Dunbar So you’re an inventory manager, and your CFO just asked you to reduce inventory by 10% before year end to free up some capital for next year’s big investment in R&D. But then you look at historical trends and see that lately, your inventory has been growing by 3% each quarter.

Inventory Management Software 100

Inventory Management Software Inventory Management Inventory Reduction Inventory 100

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

TransAudit

DECEMBER 13, 2023

By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits. Turn policy constraints into innovation opportunities for localization.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 87

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. In each industry sector, companies face unprecedented variability. The decline in inventory turns uses cash. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

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 78

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 78

Supply Chain Shaman

JULY 21, 2022

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. Industry Bias. Supply chain excellence is harder to define than to say. Why do we spend four months doing this?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. Let’s break this down into simple steps.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

ThroughPut

APRIL 30, 2024

The platform is designed to enhance inventory management and provide accurate demand planning and forecasting, crucial for optimizing supply chain efficiency. Logility: Supply Chain Planning & Optimization Logility assists global businesses with complex supply chains in sensing and responding to fluctuating market conditions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Unleashed

MAY 30, 2024

The regulatory environment and government policies that impose pricing limitations. Identify the value metric for your product Identifying the most valuable attribute of your product, commonly known as the value metric, will guide the scaling of your price. Identifying the right value metric is crucial.

Price Reduction 52

Price Reduction Negotiating Skills Purchasing Skills Negotiate Pricing 52

Supply Chain Matters

FEBRUARY 22, 2024

Background Our Supply Chain Matters blog commentaries reflectiving on retail industry supply chain performance have been focused on the various market, supply chain and customer fulfillment challenges that retailers have been addressing in the pre and post-pandemic period. Inventory Management The retailer reported inventory declines of 4.5

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. can be measured to define this metric. This metric will require investigation of specific processes and functions in order to uncover underlying issues.

Manufacturing Procurement 105

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

Supply Chain Shaman

MAY 17, 2015

Then it is off to Dallas to speak on Supply Chain Metrics That Matter at the Dallas CSCMP roundtable and complete some more client work. The supply chain is a complex system and these metrics are tightly linked in non-linear relationships. Figures 4A and 4B: Orbit Charts in Pharma and Chemical Industries.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Software 150

Unleashed

MAY 20, 2024

In this week’s edition of The Backorder: REI Co-op gives back $270 million to global communities 6 quick ways to improve supply chain visibility An ecommerce logistics insider shares her best industry advice Job opportunities from McLaren Racing, Hello Fresh, and more Not subscribed yet? My top advice is to remain agile and proactive.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software S&OP 52

Vecco International

FEBRUARY 4, 2024

Vecco provides mission critical end-to-end visibility and response capabilities to manage inventory. Projected inventory is automatically recalculated and compared to minimum and maximum targets as supply or demand events are recorded. Crucially, Vecco innately supports batch and process manufacturing – key to the food industry.

Beverage 40

Beverage Food Supply Chain Planning Software Manufacturing Procurement 40

Unleashed

APRIL 3, 2020

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52

Logility

OCTOBER 7, 2021

heads towards its second pandemic winter, there is talk of the far-reaching effects of a global economy in the grips of continued, unpredictable disruption, while at the same time many industries – life sciences being a significant one – are grappling with their own unique challenges and growing pains. As the U.S. Brad Pawlowski, Accenture.

Supply Chain Design Software 130

Supply Chain Design Software Optimal Sourcing Pharmaceutical Supply Chain Optimization 130

Supply Chain Shaman

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. There is a lack of clarity on what drives value and metrics are functional. Monthly design of the supply chain including form and function of inventory and inventory placement. Focus on the level of inventory. Functional metric orientation.

Supply Chain Planning Software 226

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 226

QAD

MARCH 9, 2023

Automotive and industrial product companies were among the hardest hit. They can react to sudden changes in supply and demand, adjust prices and inventory levels in real time and work closely with supply partners throughout the value chain to mitigate risk. That means looking at the right metrics. What About Cash?

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 93

SYSPRO Smarter ERP

OCTOBER 30, 2023

A quality management system should keep track of changes to policies and procedures, and provide reports on anything related to the quality management process. Predefined metrics should be established for this inspection so that a pass/fail rating can be given.

Quality 105

Quality Manufacturing Supply Chain Design Software Supply Chain Planning Software 105

SCMDOJO

AUGUST 16, 2023

In this context, Walmart, the world’s largest retailer, has demonstrated a highly successful and integrated Walmart supply chain, propelling its growth and dominance in the retail industry. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.

Inventory Reduction 77

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 77

Supply Chain Shaman

JUNE 19, 2013

Due to improvements in connectivity, 90% of industries have made improvements in productivity (revenue/employee). The chemical and consumer electronics industries have made the most progress. It comes in many flavors–increase in inventory, changes in sales policies, new product lines– all add to the complexity.

Forecasting 276

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 276

SCMDOJO

APRIL 11, 2023

With the ever-evolving business landscape, staying current on the latest industry trends and best practices is crucial for your success. It presents a holistic approach incorporating People, Process, and Technology and calls-out industry-specific supply chains. It also discusses emerging and futuristic trends in supply chain.

Supply Chain Design Software 115

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 115

Logility

DECEMBER 2, 2020

For example: Optimizing a distribution network not only reduces logistics costs but, in most cases, reduces carbon emissions through fewer transportation miles and/or less inventory holding costs. Unfortunately, an industry-accepted definition of a “Green Supply Chain” does not exist. So how does one build one?

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

Taulia

JULY 11, 2023

During supplier selection, companies should apply appropriate procedures and use suitable metrics to select suppliers that align with the company’s ESG policies and broader values. Rethink inventory management strategy Sustainability and optimal inventory levels go hand in hand.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Supply Chain Optimization Material Savings 40

BlueYonder

JANUARY 18, 2024

For example, how long it takes to get an item back into stock after being returned is very rarely a considered metric for retailers. Inventory that can’t be sold is a cost, and the shipping and logistics operation that gets it back to DCs is another cost. It’s not just a pure numbers question either.

Logistics Network Optimization Software 56

Logistics Network Optimization Software How To Supply Chain Software Retail 56