The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

but when demand slowed, the pressure to reduce inventory becomes a lot higher. Supply chain visibility provides the ability to view and track inventory in real-time or near real-time across all modes from raw materials to finished goods at the customers door. 2022 ocean schedule reliability dropped to 30%.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. LogiSYM Supply Chain Magazine – April 2022.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

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 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance.

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

Enterra Insights

DECEMBER 26, 2022

The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then. Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies. of all merchandise purchased in the U.S.

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported having a clear overall plan for digital transformation. The Improved Way.

Agile and Lean Supply Chain 147

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

GlobalTranz

SEPTEMBER 29, 2017

For Walmart, with over 10,700 stores, reports Curt Barry of MultiChannel Merchant , this demands better transparency and end-to-end visibility. Even combining in-store and online purchases together is less than the value of consumers using multiple channels simultaneously to shop. Consumers want to know where their stuff is.

Supply Chain Design Software 151

Supply Chain Design Software Omnichannel Supply Chain Software Analytics Software 151

The Logistics & Supply Chain Management Society

JUNE 10, 2021

In-fact delayed shipment may even change the consumer mind, who may cancel their order mid-transit and purchase from a competitor. Then is stockpiling regional inventories the answer to serving consumer demand and mitigating delays? LogiSYM Supply Chain Magazine – April 2021. Joseph Lim. Sales Director APAC.

Supply Chain Planning Software 246

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

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

She explained that she owned a Warehouse Management System, purchased a Proof of Delivery Software as a Service, implemented a licensed-to-use Accounting & Distribution System, deployed a customised online Order Management System and that she is struggling with fragmented data and documents across these systems.

Supply Chain Design Software 246

Supply Chain Design Software Forecasting Software Predictive Analytics Software Modeling Software 246

The Logistics & Supply Chain Management Society

APRIL 15, 2021

This unlocks enormous value as you eliminate time lags, lower costs, and slash inventory buffers across the network. Planners then implement inventory buffers to cushion and absorb obvious conflicts that arise between trading partners. Best of all, it will be self-funding because you’re capturing value at every step.

Inventory Reduction 259

Inventory Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 259

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

The Logistics & Supply Chain Management Society

JULY 20, 2020

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. This boosts revenues and optimises inventory.

Agile and Lean Supply Chain 230

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

BlueYonder

DECEMBER 7, 2023

But the truth is, using a traditional, monolithic ERP to manage inventory and order management for omni-channel and e-commerce is more difficult than your ERP salesperson may have led you to believe. You can read some examples in this CIO magazine article. You need Blue Yonder’s microservices. Here’s why.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimization Software Forecasting Software Demand Planning Software 85

ToolsGroup

APRIL 5, 2016

Now a story in Canadian Business Magazine describes how supply chains can go seriously wrong and with serious consequences. The in-depth reporting is titled, “The Last Days of Target: The untold tale of Target Canada’s difficult birth, tough life and brutal death.” headquarters. headquarters.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Software Forecasting Software Predictive Analytics Software 120

Locus

MAY 25, 2023

In a survey conducted in 2022 of US consumers, 55% of them stated that direct delivery to home is the biggest driver of online purchase. With last-mile delivery incurring 53% of total shipping costs, retail businesses should fulfill these rising customer expectations and simultaneously have a rigorous control over costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Modeling Waste Reduction 52

Supply Chain Matters

SEPTEMBER 23, 2022

Implied is that these vehicles will remain as factory inventory until needed components arrive and customer or dealer orders can then be fulfilled. Ford will formally report its Q3 financial performance in late October but was compelled to issue this week’s warning. He will report to Lawler. Broader Industry Perspectives.

Cost Reduction Strategies 59

Cost Reduction Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning Software 59

The Logistics & Supply Chain Management Society

JULY 23, 2020

Most of the current repetitive processes like (forecasting, reports, purchase orders & Invoicing) will be automated using various technologies. Build inventory hedge to cover for volatility and risk (from Just in time to Just in Case) : Understand demand and supply side shocks, volatility and develop Inventory hedging strategies.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

GlobalTranz

MARCH 23, 2016

Entering these team projects in a magazine, or Lean contest is a motivator to boost teamwork and ensure that MDI is effective every day. These metrics would, of course, be aligned and are updated every hour. Next, you would have management supporting this effort during their daily Gemba walk, reviewing these hourly metrics.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. It’s hard to predict what demand will be like for products like these ahead of time. Businesses whose inventories ran down slowly since March started restocking.

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

Enterra Insights

NOVEMBER 23, 2021

Correspondent Bill Whitaker ( @BillWhitakerCBS ) reported, “Getting the goods from here to store shelves is proving to be a lot more daunting. Levinson reports, McLean’s innovation was first demonstrated on 26 April 1956. If too few or too many foldable boxes are deployed, the purchase costs could offset the benefits.”

Supply Chain Design Software 130

Supply Chain Design Software Shipping Supply Chain Design Supply Chain Planning Software 130

Logistics Bureau

OCTOBER 30, 2017

I’ve literally seen KPI “packs” the size of phone books, and even KPI sets circulated as a monthly magazine… that no one reads. Cost as a percentage of sales (Logistics or Supply Chain). Inventory stock turns in Days. Inventory management. Purchasing and supplier management. Inventory levels.

KPI 94

KPI Guinea-Bissau Virgin Islands Papua New Guinea 94

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Pioneered the use of vendor-managed inventory.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Logility

APRIL 10, 2017

In many cases you will discover that processes like demand, inventory, replenishment, and manufacturing planning are limited by a lack of software capability. Such scenario capability provides significant value across the entire supply chain, from demand and inventory planning to supply management, capacity planning, and order fulfillment.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 100

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. Founded in 1963, NCPDM represents the outbound side of logistics and the National Association for Purchasing Management (NAPM) represents the inbound side. Inventory optimization Tool.

Supply Chain Planning Software 131

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 131

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Experienced fabricators have become quite good at predicting what the future holds, but still sometimes they don’t foresee what the future holds.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

Resilinc

SEPTEMBER 27, 2022

Peter Guinto capped his 12-year Air Force career in procurement by serving on the federal COVID supply chain task force and becoming head of contracting for the Medium-altitude UAS Division—the unit responsible for keeping the United States’ edge in warfighting drones. As originally reported by Defense News , $14 billion worth of U.S.

Government 84

Government Meeting Manufacturing Procurement Supply Chain Design Software 84

Cathy Roberson

AUGUST 17, 2021

In 2019, 37% of online shoppers in China made purchases on live streams. It purchases or obtains on consignment, products direct from manufacturers and wholesalers based upon the volume of order transactions and operates fifteen distribution centers and eight call centers worldwide.

Retail 52

Retail Forecasting Software Supply Chain Network Software Demand Planning Software 52

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

The McKinsey report “How COVID-19 is changing consumer behaviour – now and forever”, bluntly illustrates how this change occurred more quickly and seismically than anyone predicted – so fast that it’s apparent the capacity to adapt had always been there. .

Supply Chain Planning Software 245

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 245

Enterra Insights

FEBRUARY 19, 2019

With sophisticated algorithms, it can anticipate customer demand and improve inventory management across both stores and on-line.” There are some purchases they prefer to do online and other they would rather touch and feel before swiping their credit card. ” He is not alone in his assessment. … Consumers want choice.

Retail 100

Retail Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 100

Supply Chain Movement

FEBRUARY 16, 2016

Following on from its other two highly popular subway maps of supply chain software vendors and logistics service providers, the quarterly magazine Supply Chain Movement has now published the third edition of the Consulting Subway Map Europe showing the European supply chain consultancy sector. 26 | Global Trade Map. 26 | Global Trade Map.

Supply Chain Planning Software 60

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

Unleashed

MAY 10, 2021

This article first appeared on Food Magazine. In order to keep on top of the bureaucracy of running the business, Roper knew the company needed something to complement its simple inventory system, so decided to invest in Unleashed Software. Unleashed immediately gave us control and accuracy of materials and costs. “In

Procurement Solutions 90

Procurement Solutions Manufacturing Procurement Inventory Management Software Logistics Network Optimization Software 90

BlueYonder

MARCH 22, 2017

JDA’s own Vishal Dhawan and Vivek Wikhe recently contributed an article to STOrai, the magazine of the Retailers Association of India, to provide some guidance and advice for retailers on the omni-channel journey. The article is excerpted below, and you can download a copy of the magazine by visiting [link]. Start with the customer.

Supply Chain Planning Software 48

Supply Chain Planning Software Modeling Supply Chain Design Software Procurement Analytics 48

Veridian Solutions

DECEMBER 3, 2018

coli outbreak, reports Ashley May of USA Today. The Extensive Damage of Food Recalls on the Supply Chain According to Wayne Labs of Food Engineering magazine , a recent study found potential costs associated with a single food recall may average $10 million, excluding lost sales and profits. Download WhitePaper.

Supply Chain Network Software 45

Supply Chain Network Software Demand Planning Software Food Warehousing 45

Veridian Solutions

DECEMBER 3, 2018

coli outbreak, reports Ashley May of USA Today. According to Wayne Labs of Food Engineering magazine , a recent study found potential costs associated with a single food recall may average $10 million, excluding lost sales and profits. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Download WhitePaper.

Supply Chain Network Software 40

Supply Chain Network Software Demand Planning Software Food Warehousing 40

Unleashed

APRIL 26, 2021

This article first appeared on Food Magazine. Colbert even knew right at the beginning inventory software was a key ingredient to making Herbal Connection a business that wouldn’t cause any unnecessary issues. We had no inventory management system when we first got started and we only had maybe 150-200 SKUs,” said Colbert. “We

Inventory Management Software 75

Inventory Management Software Demand Planning Software Procurement Solutions Software 75

Supply Chain Game Changer

JUNE 8, 2021

I read multiple magazines and supply chain blogs to keep current. Do you want to focus on the Procurement side of things, or more on the Logistics and Planning side? Kristie Syndikus, VP Procurement at Maple Leaf Foods. Danny Wang, VP Sourcing and Procurement at Canada Goose. Lastly, stay relevant. Never forget it.

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industrial Industry 97