Supply Chain Shaman

SEPTEMBER 3, 2015

It is Labor Day weekend in the United States, and the plane is full. We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Logistics Viewpoints

DECEMBER 12, 2022

Supply chain planning is not just for the big boys. Myers Industries (NYSE: MYE) is headquartered in Akron, Ohio in the United States. Getting independent business units to operate in a centralized supply chain structure would allow the company to have better leverage in procurement negotiations.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Supply Chain Shaman

DECEMBER 28, 2020

We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Logility

APRIL 3, 2017

Now, being a supply chain person, I ask myself, just how much inventory does this company have to maintain to have a part for a 17-year old refrigerator sitting on the shelf and ready to ship? Even more impressive, the profit margins on spare parts can be as much as 10 times that of the initial product sale. trillion annually.

Inventory Reduction 100

Inventory Reduction Inventory Supply Chain Planning Software Modeling 100

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Enterra Insights

OCTOBER 17, 2023

”[3] They note that a survey conducted last year by Proxima found, “Just over a quarter (26%) of CEOs [indicated] that they had actively looked at onshoring and nearshoring some or all of their supply chains. [In And as supply chains get longer, so do lead times. In many respects, they only have themselves to blame.

Supply Chain Strategy 130

Supply Chain Strategy Material Savings Global Supply Chain Optimization 130

ShipBob

OCTOBER 16, 2023

How to calculate reorder points ShipBob keeps reorder points simple Reorder point formula FAQs Maintaining proper inventory levels is an elegant dance that must balance consumer demand and supplier reliability. Implementing reorder points allows you to trigger a new order so you don’t get close to running out of inventory.

Forecasting Software 98

Forecasting Software Inventory Management Software Demand Planning Software Supply Chain Planning Software 98

Supply Chain Shaman

JUNE 2, 2020

The first major polio epidemic in the United States occurred in Vermont in the summer of 1894. The last case of polio in the United States was 1979. The thought of a pandemic killing over 350,000 people globally and over 100,000 in the United States in just three months is mind-numbing. Let’s face it.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 254

Logistics Viewpoints

NOVEMBER 4, 2021

According to the CBRE Global E-commerce Outlook 2021 report , e-commerce growth will require another 330 million square feet of warehouse space in the United States by 2025. They care about getting their products on time, which has now become a stronger factor in determining brand loyalty and preference. ports to get backlogged.

Warehousing 201

Warehousing Inventory Reduction Supply Chain Network Software Inventory Management Software 201

Enterra Insights

AUGUST 8, 2022

Last year consumers in the United States spent an estimated three billion U.S. The staff at Logility observes that holiday supply chains are stressed even during the best of times. Journalist Kimberley Laws writes, “With Halloween hiding just around the corner, you may want to grab your treats early.

Logility 246

Logility Manufacturing Procurement Supply Chain Planning Scenario Planning 246

Supply Chain Shaman

OCTOBER 25, 2021

The United States is late in investing in port infrastructure. Container inventory is imbalanced. Create a supply chain planning master database to track variability in lead times, conversion rates, and cycles. Fourteen of twenty-eight industries have rising inventories. Warehouses are full and shelves are empty.

Analytics Software 195

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

Logility

OCTOBER 18, 2022

Today’s unprecedented supply chain disruption challenges have led to executives looking for new ways of managing their supply chains, not just for today, but to prepare for future unpredictability. Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

Enterra Insights

AUGUST 31, 2023

During this period of changing consumer behavior, retailers experienced an inventory mismatch and inflation reared its ugly head. ”[1] Analysts from the Federal Reserve Bank of New York note that this was the first time in history that U.S. Fortunately, the deep recession that many economists predicted didn’t emerge.

Packaging 246

Packaging New York Procurement Analytics S&OP 246

ShipBob

SEPTEMBER 25, 2023

THC and is legal in the United States.* This form of CBD might be best suited for people who are using CBD for the first time or would like to try CBD without ingesting THC. Despite its prevalence, if you choose to sell CBD products online you’ll face a complicated industry with complex legal and marketing challenges.

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

Supply Chain Shaman

OCTOBER 25, 2021

The United States is late in investing in port infrastructure. Container inventory is imbalanced. Create a supply chain planning master database to track variability in lead times, conversion rates, and cycles. Fourteen of twenty-eight industries have rising inventories. Warehouses are full and shelves are empty.

Analytics Software 195

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

Logistics Viewpoints

APRIL 22, 2021

We are now seeing an increase in the use of automation, not just within a TMS or WMS, but the digital coordination across all phases of logistics, from shipper to broker to carrier to warehouse. Business logistics costs as a percentage of GDP is currently 7-8% in United States. Volvo’s POD in Sweden is a great example.

Supply Chain Disruption 327

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Sustainability 327

Logistics Viewpoints

JANUARY 10, 2024

Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. This description by a Chief Supply Chain Officer of the state of the supply chain he found in his new role stuck with me.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 246

Kinaxis

SEPTEMBER 3, 2014

We all understand the appeal of moving manufacturing offshore; In many cases, offshore manufacturing is considerably cheaper, is apparently easier (just send the requirements and they build it!) Instead of a 1 week lead-time, you are looking at a month or more. Kind of hard not to notice actually. Have any interesting stories?

Supply Chain Design 263

Supply Chain Design Supply Chain United States Manufacturing 263

Supply Chain Shaman

AUGUST 24, 2020

Similarly, with the break-up of “The Bells” in the United States in 1982, personal networks grew more open. At one time, there were more than 200, then consolidation happened, and the number became 112. In the 1980s, I had a flip phone. (On This device was a portable phone. Each business model is self-serving.

Supply Chain Network Software 326

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 326

ToolsGroup

APRIL 3, 2020

This can lead to large, chunky orders, over-production and ultimately excess inventory throughout the supply chain. A well-implemented postponement strategy can in many cases handle even the most unforeseen spikes in demand, allowing time for production to ramp up if the increase in demand is predicted to last.

Supply Chain Planning Software 194

Supply Chain Planning Software Supply Chain Strategy Supply and Demand Supply Chain Planning 194

EMERGE App

FEBRUARY 22, 2019

But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. Here, we’ll explore what is meant by inventory carrying costs and their examples.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Inventory 75

Enterra Insights

JUNE 28, 2023

Just 14 years later, the first air cargo flight took place in 1910. Frederick , Chief Marketing Officer at Logistics Plus, noted, “Logistics accounts for nearly 8% of everything we make and sell in the United States. Logistics helps to ensure effective, efficient and timely delivery of goods. Take a look around.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 130

ShipBob

APRIL 18, 2024

Supply chain efficiency: Structuring shipments to meet de minimis criteria can streamline the customs clearance process, reduce costs, and improve delivery times. After all, if the consumer sees no benefit, why would they buy from an international ecommerce seller when they could just buy locally instead? Well, not necessarily.

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 98

Logistics Viewpoints

AUGUST 14, 2023

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. They offer a solution for corporate tax departments called ONESOURCE. The Integration Point solution was rebranded to be one of the modules in the ONESOURCE suite. That approach to taxation engineering is less potent than it used to be.

Global 176

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 176

Freightos

DECEMBER 20, 2022

The global economy has gone through an incredibly tumultuous time since 2020. So, at least in the United States, with roughly half of those consumer goods being imported, ocean logistics costs had a significant impact on inflation. This deserves more exploration. Freight rates as a forward looking indicator of CPI.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

Logility

MARCH 29, 2022

It is a time of uncertainty that has exposed weaknesses in the supply chain that are both difficult to solve and impossible to predict. Can the United States be far behind? Resilient supply chains are able to resist or avoid disruptions and quickly recover, even during times of war. Shipping costs have skyrocketed.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply and Demand Supply Chain Optimization 130

Supply Chain Game Changer

OCTOBER 6, 2022

Just-in-time Supply Chains have long been the envy of companies and industries of all kinds. The concept of only bringing in inventory on demand is very compelling when inventories are considered costly, wasteful and cash drains. The vaunted Just-in-time operating model had broken. How could this be?

Supply Chain Design Software 86

Supply Chain Design Software Manufacturing Procurement Modeling Supply Chain Design 86

Enterra Insights

FEBRUARY 2, 2023

Unexpectedly, he finds himself trapped in a time loop that forces him to relive February 2nd repeatedly. ”[1] However, like weatherman Phil Connors, supply chain professionals aren’t simply living through the loop they are taking the opportunity to improve operations each time old obstacles and challenges arise.

Supply Chain Software 130

Supply Chain Software Agile and Lean Supply Chain Material Savings China 130

Logility

APRIL 9, 2020

Just look back over the last couple of years. Error-prone spreadsheets were never designed to handle the multi-dimensional relationships and constraints involved in today’s supply chains or to provide the advance numeric or visual real-time analytics required to develop an optimal response quickly.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Supply Chain Disruption Agile and Lean Supply Chain 190

Unleashed

MARCH 25, 2019

For large corporations or SMEs, correctly managing your inventory stock is imperative to achieving an efficient, sustainable and profitable business. Inventory control , however, brings with it many issues but with the right tools, some of the common ones are easily managed. Spoilage of inventory stock. Dead stock issues.

Inventory Reduction 40

Inventory Reduction Inventory Management Software Inventory Demand Planning Software 40

QAD

NOVEMBER 28, 2023

However, the effectiveness of FTZs just got a lot clearer as the US released a five-year study on the operations and impact of the US FTZ program and similar FTZ-type programs in Canada and Mexico. The US FTZ program has been in place since 1934, yet many companies are still unsure about the details of the program.

Study 86

Study Inventory Reduction Cost Reduction Strategies Mississippi 86

SYSPRO Smarter ERP

JUNE 21, 2022

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The current war in Ukraine will further destabilize the global supply chain.

Supply Chain Disruption 105

Supply Chain Disruption Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 105

Supply Chain Matters

MARCH 29, 2022

Just shy of three years ago, athletic and leisure footwear manufacturer New Balance announced plans to build the company’s sixth footwear factory within the United States. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S. Background.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

Enterra Insights

AUGUST 11, 2022

This year’s hurricane season couldn’t come at a worse time. They explain, “Scientists are only just coming to grips with the monster storm seasons of the recent past. The 2020 one brought a record 30 named storms to the North Atlantic, including 12 that hit the United States, causing some $40 billion in damage.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Forecasting Software 130

QAD

JANUARY 24, 2023

For importers to the United States, the Customs Trade Partnership Against Terrorism (CTPAT) trade compliance program has undergone frequent, recent changes. Prioritized review must be requested at the same time that supporting documentation to Customs and Border Protection (CBP) is submitted.

Supply Chain Software 97

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 97

Unleashed

MARCH 21, 2023

New research suggests that manufacturers will be able to significantly improve cash flow as they recover from the inventory crisis of 2022. Last year, data from 4,500 manufacturers using Unleashed inventory management software revealed firms were typically spending twice as much on stock as they were before the pandemic.

New Zealand 52

New Zealand Procurement Analytics Manufacturing Procurement Report 52