Supply Chain Inventory Optimization – Beyond the Analytics

Cerasis

While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. With 7 percent of America’s gross domestic product (GDP) tied up in inventory, reports the 21 st Century Supply Chain Blog , your organization must go beyond the analytics and understand the broad impact of analytics in your company. Supply Chain Warehous

5 Key Trends Driving Supply Chain Innovation

Talking Logistics

When we speak to supply chain leaders about innovations in their supply chain, it’s not always about drones, self-driving trucks, or automated warehouses. 2 Real-time Network Inventory Control and Planning. Too often we think about inventory in a linear way.

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Supply Chain Innovation: The Latest Gartner Supply Chain Predictions

ToolsGroup

Gartner analysts presented their latest supply chain findings throughout the two-day Gartner Supply Chain Executive Conference last month in London. They see the highest spending priorities in e-commerce software, supply chain optimization and cost analytics.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. The consensus is process innovation.

How Peapod drives supply chain innovation and efficiency with analytics

AIMMS

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. I spoke with Daniël van Gool, Director of Supply Chain Development at Peapod, a leading U.S.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

Social media awash with pictures of supply chain professionals attending the Lady Gaga event at SAP’s Sapphire, celebrating with drinks at the Gartner event, or rocking to the ZZ Top performance at JDA’s Icon conference trumpeted excitement. Shortening Supply Chains.

How Peapod drives supply chain innovation and efficiency with analytics

AIMMS

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. I spoke with Daniël van Gool, Director of Supply Chain Development at Peapod, a leading U.S.

How do we Drive Invention to Innovation in Planning?

Supply Chain Shaman

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow.

Supply Chain Innovation: Plan or Perish in the “Cold Chain”

ToolsGroup

But that’s not the case with goods in the supply chain that always need to be kept cold. The “cold chain” poses a major execution problem—maintaining product integrity across dimensions like temperature and humidity. There are supply chain planning implications as well.

Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

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.” Digital Supply Chain.

Better Visibility Drives Supply Chain Value and Innovation

Talking Logistics

As consumers continue to purchase goods at greater frequency and trade regulations become more complex, supply chain professionals are striving to establish end-to-end control of their business operations. The modern-day supply chain begs for visibility throughout the entire chain, from point of order, to packaging, shipping, and delivery. One vital component that pieces together the visibility puzzle is the quality of data in the supply chain network.

L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years.

Innovative Approaches to Supply Chain Risk

Kinaxis

You have a supply chain risk management strategy in place. The problem is most companies are relatively immature when it comes to Supply Chain Risk Management. There is a natural conflict between risk mitigation and supply chain efficiency.

Taiwan 267

Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

The cheese on the puffs stains my hands like I feel that mis-guided past practices have indelibly colored supply chain practices. At the session, we discussed why companies have not made more progress on inventory management. Days of Inventory Pre and Post-Recession.

Creating an Innovative Supply Chain

Enterra Insights

An oft-heard business battle cry is: Innovate or die! David Weaver, a supply chain optimization expert, refers to another common phrase: “Don’t rest on your laurels.”[1] ”[1] These aphorisms apply to supply chain operations as much as they do to any other part of a business. ” He then quotes supply chain professional Jeanne Reisinger, who once said: “Supply chains are not a cost to be managed.

Navigating the Supply Chain Management Fault Line

Supply Chain Shaman

Supply chain management technology has a fault line. The technology market for supply chain management is dramatically shifting. Innovative startups. Artificial Intelligence innovators. The Autonomous Supply Chain for Physical Logistics.

Why Our Goal Should Not Be an Integrated Supply Chain

Supply Chain Shaman

This week I spoke at an SAS Global Analytics Summit on the connected supply chain. In my view, the connected supply chain is very, very different from the integrated supply chain. This model endorsed ERP as the system of record for the supply chain.

Supply Chain Predictions for 2018: Real-Time, Innovation, Cognitive, Blockchain, Industry-Academic Partnerships, and Taking a Stand!

NC State SCRC

I had an opportunity to work on a number of exciting projects this past year, and in the process, spent a lot of time talking about digital supply chains with a lot of really informed people. This is how innovation ultimately occurs.

Supply Chain Innovation: How to Build an Award-Winning Supply Chain

ToolsGroup

Source: Supply Chain Digest. What does it take to create an award-winning supply chain? And last year Costa Express won the “Technology” category award at the European Supply Chain Excellence Awards , also a top honor. Transformative Supply Chain Planning.

Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The design of the supply chain is fundamental to making this happen. In our interview of the Supply Chains to Admire Winners, we found a unique approach at Carter’s.

A Fresh Take on Supply Chain Innovation

Supply Chain @ MIT

Venturing into unfamiliar territory offers a unique chance to innovate and make changes that benefit the business as a whole. Featured Innovation coconut water healthy drinks inventory management MIT CTL new product launches PepsiCo Supply chain innovation

PINC nominated finalist for the 2017 MHI Innovation Award

PINC YMS

PINC's inventory robotics solution, PINC Air, has been selected as one of the most innovative solutions of 2017. digital disruption supply chain logistics innovation digital supply chain drones inventory robotics

An out-of-this-world showcase of supply chain innovation

Kinaxis

It’s a way to get inspired by some of the latest and greatest supply chain innovations around. It’s all systems go as we explore what’s new in industry trends, and with our cloud-based supply chain management software, RapidResponse®.

Preparing for the Future of Supply Chains

Talking Logistics

Every day, innovations that weren’t even conceivable a decade ago are used without a second thought. Can you possibly prepare for a supply chain future that may be completely inconceivable right now? This practice rewards forward-thinking—quite literally, in this case—supply chain and warehouse management teams that accept and embrace the change that will revolutionize workflows many times over between now and retirement.

Inventory Checks Powered By Drones

PINC YMS

Drones are enabling organizations to use employees more efficiently and improve inventory accuracy in a world where consumers want everything cheap and now. logistics innovation digital supply chain inventory drones inventory robotics

BASF: A Story of a Supply Chain Leader

Supply Chain Shaman

Over the last two decades the company successfully leveraged global scale to define supply chain leadership. With 12,000 supply chain employees operating in 80 countries with 2400 storage facilities, supply chain excellence and innovation are the foundation of corporate performance.

The Digital Supply Chain: Making The Leap With A Ball and Chain

Supply Chain Shaman

Last week, I spoke on the evolution of the digital supply chains and my vision for Supply Chain 2020 at the World Trade Group Event in Miami. These will be the foundation of digital supply chain thinking that will redefine business in the next decade.

Yowza! A Nine-Step Decision Process to Help Guide Supply Chain Planning Selection

Supply Chain Shaman

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. Let’s face a hard fact: the supply chain planning market is a mess. Supply Chain Analytics.

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. With changing product profiles, short life cycles, constraints with downstream suppliers, and changing markets, being good at supply chain planning matters.

Supply Chain Innovation: The Path to Success!

Supply Chain Game Changer

Check out The Digital Supply Chain (SC 4.0) Innovation is a team effort requiring collaboration and buy-in from all levels within an organization, and it’s especially true when it comes to bringing innovation to the supply chain. Subscribe Here!

VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

Financial balance sheet improvements cannot be driven by traditional supply chain processes. In the words of a supply chain leader yesterday, “Lora, please give me stories of success. About the Supply Chains to Admire Research. Inventory Turns.

6 Supply Chain Disciplines to Enable Profitable Growth

Talking Logistics

How can supply chain management enable profitable growth? Getting to the answer requires retailers to take a broader, more strategic perspective of supply chain management, one that goes beyond defining supply chain excellence only in terms of cost reduction and control.

Drone-Powered Digital Inventory

PINC YMS

Even though 90% of inventory is stationary in the supply chain, according to industry experts, inventory accuracy at distribution centers, warehouses, and plants ranges from 89% to 99% *. That’s because most of the inventory management process is still a manual activity. innovation inventory robotics Logistics Viewpoints warehouse drones

A Different Solution to the Supply Chain Talent Shortage

ToolsGroup

“78% of respondents to Gartner’s most recent Chief Supply Chain Officer Survey identify talent as the No. 1 long-term supply chain risk”. There is a lot of documented evidence of a shortage in supply chain talent. Supply Chain Planning

Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

We salute the year’s top advancements in supply chain technology and processes. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities.