Supply Chain Shaman

DECEMBER 7, 2023

I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. Of the twenty companies interviewed, only one can answer the question, “Do you have a good inventory plan?” No technology in the market measures inventory health. Today, this is not the case.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Procurement Academy

OCTOBER 18, 2023

Additionally, if your employees are highly proficient, they can help to create an atmosphere that fosters innovation and can even influence your business’ stock market performance. A proficient team will drive innovation Skill proficiency and innovative thinking are closely intertwined.

Negotiating Skills 52

Negotiating Skills Buyer Training Supply Chain Performance Pricing Training 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. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. In addition, Lucas used inventory as a slush fund to make quarterly earnings. His response?

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Talking Logistics

NOVEMBER 3, 2014

The value of peer-to-peer learning and networking was evident at last month’s Ryder Innovate conference — “an exclusive gathering of senior leaders in transportation, logistics, and supply chain seeking strategic insight, new ideas, and thought leadership to improve their supply chain and fleet operations.” Forecasting. Technology.

Innovation 174

Innovation Supply Chain Design Software Optimal Sourcing Logistics Network Optimization Software 174

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? The Companies with the greatest success are smaller and usually drive product innovation into the market. Don’t you find the number of “experts in S&OP a bit humorous?

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

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. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. In addition, Lucas used inventory as a slush fund to make quarterly earnings. His response?

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

JANUARY 11, 2023

Supply chain disruptions have brought about an age of innovation. Inventory Management in a High Inflation Environment ; Clint Reiser. Instead, they are likely to carry higher levels of inventory as a lower cost alternative to minimizing disruptions. So, let’s take a look now at the 15 most popular logistics stories of 2022.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! This article explores some of the benefits of big data to inventory management teams.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

The Logistics of Logistics

JANUARY 9, 2023

Dan is the Chief Marketing Officer at Softeon , a global provider of innovative supply chain solutions that delivers supply chain success – every time. Dan Gilmore is the CMO of Softeon , a global provider of innovative supply chain solutions that delivers supply chain success – every time. About Dan Gilmore.

Supply Chain Planning Software 183

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BlueYonder

OCTOBER 12, 2017

You may be wondering why the number of raspberry gourmet coffee boxes Kroger has in their inventory at their store in rural Georgia even matters, but it does and here’s why: Inventory management is a critical part of every company’s supply chain and is a large part of the operating costs in all industries. How JDA Labs Can Help.

Modeling 78

Modeling Optimization Software Optimization Modeling Supply Chain Optimization 78

Supply Chain Trend

MARCH 20, 2024

One crucial aspect of this decision-making process occurs in the sales and operations execution horizon—a critical 13-week window where key stakeholders gather weekly to navigate the complexities of demand planning, supply management, inventory allocation, and more.

Supply Chain Software 60

Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 60

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

The Smart Software

MAY 31, 2023

With all these challenges, it's never been more vital for organizations to accurately forecast parts usage, stocking levels, and to optimize replenishment policies such as reorder points, safety stocks, and order quantities.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Forecasting Scenario Planning 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

The Need For Supply Chain Innovation: Why You Should Watch These Four Trends ? It is prime time for visibility / inventory management tools and outsourcing. These are rooted in a changing business and competitor environment, altering consumer behavior, regulators’ policy decisions and a shifting geopolitical global power balance.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Agile and Lean Supply Chain 52

Supply Chain Shaman

DECEMBER 17, 2019

I firmly believe that the movement of IT to report to the CFO has slowed progress in supply chain innovation. While integration moves data from point A to point B while data synchronization adds policies (and rules) to align supply chain execution to business strategy. Consumption is managed by rules, policies, and optimization.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Supply Chain Strategy 209

Logistics Viewpoints

DECEMBER 6, 2022

The process is inefficient and unpredictable, and leaves retailers with used inventory that oftentimes cannot be resold. Online consumers today have come to expect cost-free and hassle-free online returns policies. Eighty-one percent of shoppers will switch to a competitor if they have a bad returns experience.

Reverse Logistics 221

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 221

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 71

Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 71

TransAudit

DECEMBER 13, 2023

Circular supply chains require multidirectional communication and innovation, so the technology must provide easy ways to accomplish this. Reward supplier innovation and progress on circular initiatives. For example, inventory turnover rates incentivize volume-based models rather than product durability.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Supply Chain Shaman

FEBRUARY 28, 2021

As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics. For a gal like me, innovation is painfully slow. Companies are hanging their hats on marketing buzzwords, not innovation. While the term AI is bandied-about, innovation is slow.

Supply Chain Planning Software 359

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 359

BlueYonder

NOVEMBER 3, 2017

It was an evening based around data science and technologies for innovative decision making. A Mathematical Approach to Optimal Inventory Decisions. The first topic presented a mathematical approach to make optimal inventory decisions: Inventory management, a new look on a common problem.

Inventory Management Software 0

Inventory Management Software Optimization Software Forecasting Software Modeling Software 0

ThroughPut

JANUARY 28, 2019

Through the targeted use of Artificial Intelligence (AI), Machine Learning and other technologies, leading global innovators are constantly trying to enhance the effectiveness of their inventory management. What one can’t ignore, however, is all the external factors that also directly, and indirectly, affect inventory processes.

Optimal Sourcing 94

Optimal Sourcing Optimization Software Supply Chain Software Supply Chain Planning Software 94

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

APRIL 11, 2023

‘Excel Supply Chain Analysis: Solving Inventory Problems’ by LinkedIn Learning Excel is a powerful tool that can be utilized to help analyze inventory costs and develop effective inventory policies. He covers how to evaluate quantity discounts, and how to calculate production quantities to maximize profit.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

Synovos

NOVEMBER 10, 2023

The objective of the EcoVadis methodology is to measure the quality of a company’s sustainability management system through its policies, actions, and results. Of particular note is the progress made by our People and Ethics teams to further improve our policies, performance, and disclosure in the area of labor and human rights. “We

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

The Logistics & Supply Chain Management Society

JUNE 10, 2021

Then is stockpiling regional inventories the answer to serving consumer demand and mitigating delays? The priorities to develop supply chain resiliency lie in improving IT capabilities (61 per cent), human resource policies (58 per cent) and risk management (58 per cent). The changing trends dictate consumer preference.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Strategy 246

Supply Chain Matters

MARCH 11, 2024

Supply Chain Matters highlights a report indicating a push for Zara parent Inditex to disclose more detailed supplier transparency in the light of growing ESG policy dichotomies. And as our readers are aware, the area of ESG further includes corporate social responsibility policies, efforts and reporting.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Supply Chain Design Software Agile and Lean Supply Chain 52

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

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. The decline in inventory turns uses cash. The range depends on sales velocity, replenishment policy, and shelf assortment.

Supply Chain Design Software 195

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

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

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. Supply Chain Excellence Is Closely Coupled With Product Innovation. Functional efficiency drives superior results.

Supply Chain Design Software 195

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

Logistics Viewpoints

MARCH 25, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels. The coronavirus disruptions highlighted the stressed nature of lean and just-in-time inventories.

Supply Chain Planning Software 309

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

BlueYonder

OCTOBER 12, 2017

You may be wondering why the number of raspberry gourmet coffee boxes Kroger has in their inventory at their store in rural Georgia even matters, but it does and here’s why: Inventory management is a critical part of every company’s supply chain and is a large part of the operating costs in all industries. How JDA Labs Can Help.

Modeling 40

Modeling Optimization Software Optimization Modeling Supply Chain Optimization 40

Supply Chain Matters

APRIL 25, 2024

billion, a reflection of increased price discounting and a building inventory of unsold vehicles. In the latter category, global vehicle inventory expressed in days of supply was reported as 28 days, compared to 15 days in the year-earlier quarter. Financial headlines included quarterly total revenue declining 9 percent to $21.3

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

AIMMS

SEPTEMBER 19, 2018

They also prefer SaaS models that place a strong focus on innovation. Research shared by APICS suggested that the biggest impact on revenue, total SC cost, inventory, and adaptability is the capability to successfully link S&OP to daily/weekly tactical planning & execution. Other major topics: S&OP and Demand Driven .

Prescriptive Analytics Software 209

Prescriptive Analytics Software Supply Chain Planning Software Modeling Supply Chain Software 209

Supply Chain Shaman

FEBRUARY 28, 2021

As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics. For a gal like me, innovation is painfully slow. Companies are hanging their hats on marketing buzzwords, not innovation. While the term AI is bandied-about, innovation is slow.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 217

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.

Supply Chain Software 97

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 97

Logility

JANUARY 25, 2018

Planning teams face multiple dilemmas including promoting and supporting top line growth, containing cost, efficiently managing on-going operations and finding new ways to drive innovation. Industry research and surveys point to Inventory Optimization (IO) as a key capability to combat these growing supply chain stresses.

Modeling 100

Modeling Prescriptive Analytics Software Inventory Reduction Optimization Modeling 100