Supply Chain Shaman

JANUARY 14, 2025

If they do respond, the most common answer is improving forecast error, customer service, and reducing cost without reflecting uncertainty. The deployment of digital twins to model and simulate supply chain strategies at an executive level is a possibility to consider here. Let me explain the model counterclockwise. Learning is hard.

Supply and Demand 391

Supply and Demand Supply Chain Planning Software Modeling Inventory Reduction 391

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital. They are no longer just vendors of goods and services.

Manufacturing Procurement 292

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 292

Supply Chain Shaman

MARCH 21, 2023

Bloated inventories. Tightening of organizational belt-cutting to improve cash. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. The larger the number of days of inventory, the greater the cash drag.) Changes in Inventory Year-end inventory values by industry from Y Charts.

Inventory Reduction 418

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 418

ivalua

JUNE 12, 2025

If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.

Cost Reduction Strategies 130

Cost Reduction Strategies Material Savings Expense Reduction Negotiating Skills 130

ToolsGroup

OCTOBER 14, 2024

At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. Belcorp’s demand planning and inventory management were challenged in many ways. This process is essential, as it forms the foundation for defining the optimal inventory level to achieve the highest service level.

Modeling 156

Modeling Supply Chain Planning Software Inventory Reduction Supply Chain Optimization 156

Supply Chain Shaman

FEBRUARY 4, 2025

Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. Functional Metrics and the Lack of Alignment to Strategy. Most focus on cost reduction, assuming that functional cost translates to operating margin. Change is Hard.

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

Supply Chain Shaman

JUNE 26, 2025

They never leveraged their point-of-sale data to detect market shifts, and the supply chain organization prioritized cost reduction. The use of the supply chain as a functional organization within the organization to reduce costs. The range of bullwhip from the order to planned orders for manufacturing was 2.5-4.0.

Material Savings 195

Material Savings Waste Reduction Cost Reduction Strategies Price Reduction 195

ToolsGroup

FEBRUARY 24, 2025

Demand forecasting in supply chain management is the process of predicting customer demand, supply trends, and pricing fluctuations. It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. weather, social media trends).

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

ToolsGroup

FEBRUARY 24, 2025

Demand forecasting in supply chain management is the process of predicting customer demand, supply trends, and pricing fluctuations. It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. weather, social media trends).

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

Logistics Viewpoints

APRIL 23, 2025

The resulting increase in demand may place pressure on agricultural producers and extract manufacturers to scale operations. Supply chain managers will need to assess supplier capacity, evaluate long-term sourcing contracts, and consider geographic diversification to reduce risk associated with seasonality and regional sourcing limitations.

Manufacturing Procurement 172

Manufacturing Procurement West Virginia Food Sourcing Strategies 172

Logistics Viewpoints

FEBRUARY 7, 2025

For stakeholders navigating this environment, understanding key industry drivers, challenges, and future trends is critical for crafting effective strategies. Companies are proactively acquiring electric vehicle (EV) manufacturers, battery storage providers, and related infrastructure firms to embed sustainability into their operations.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Cost Reduction Strategies Price Reduction Inventory Reduction 197

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. Additionally, we’ll discuss best practices for optimization and strategies for balancing efficiency with resilience. Technology integration: Leveraging digital tools to enhance visibility and decision-making.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

ToolsGroup

DECEMBER 17, 2024

According to McKinsey & Company and BoF Insights State of Fashion 2025 report, achieving Inventory Excellence is a critical priority for retailers aiming to remain profitable amidst these economic challenges. engines have achieved profit increases of 12% on average, driven by a 25% reduction in stockouts and a 20% increase in turns.

ToolsGroup 156

ToolsGroup Inventory Reduction Price Reduction Cost Reduction Strategies 156

DELMIA Quintiq

NOVEMBER 17, 2020

New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. Supply chain optimization is essential to achieve this and can help tire manufacturing companies deliver significant reductions in supply chain costs and improvements in service levels.

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

SYSPRO Smarter ERP

JUNE 9, 2025

In an era where the threat of supply chain disruptions is constant, reshoring manufacturing has become a strategic imperative for manufacturers worldwide. The primary objective of onshoring and/or nearshoring is often to regain control over production, improve product quality, reduce lead times, and foster innovation.

Manufacturing Procurement 78

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction Strategies 78

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. 5 Challenges Facing Supply Chain Managers in Manufacturing.

Logistics Network Optimization Software 317

Logistics Network Optimization Software Inventory Management Software Supply Chain Planning Software Inventory Reduction 317

RFgen

NOVEMBER 13, 2024

Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. That’s not science fiction—it’s the power of mobile inventory management. Ready to turn your inventory from a headache into a strategic asset?

Inventory Management Software 96

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 96

Enterra Insights

DECEMBER 17, 2024

That’s exactly what Kyle Krug , Vice President of Corporate Strategy & Marketing at Legacy Supply Chain Services, suggests. The SAP staff explains, “The good news is that you can now leverage smart technologies and tools to better power increasingly sophisticated supply chain optimization strategies.”

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

The Logistics of Logistics

OCTOBER 30, 2023

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. acquired by SAP).

Optimal Sourcing 278

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 278

Kinaxis

MAY 16, 2025

Since January, Canadians’ weekly grocery trips have become a real-time indicator for the potential impacts of tariffs as shoppers have responded to threats with a showcase of buying power, prioritizing nationally sourced and manufactured products even before a single tariff was enacted.

Beverage 141

Beverage Price Reduction Canada Cost Reduction Strategies 141

Kinaxis

MAY 29, 2025

Let’s take a closer look at how four key industries—automotive, consumer packaged goods (CPG), high tech, and industrial manufacturing—are navigating the tariff rollercoaster and adjusting to the shifting landscape. Solution: Real-time scenario planning combined with agile sourcing strategies to maintain supply chain continuity.

Modeling 130

Modeling Optimal Sourcing Manufacturing Procurement Material Savings 130

Kinaxis

JUNE 11, 2025

Automotive: Can JIT manufacturing survive legal disruptions to tariff policy? Automakers must model dual-path sourcing strategies and reintroduce buffer inventory—not just for parts, but for regulatory flexibility. They should also adopt rolling sourcing contracts with dynamic pricing clauses based on tariff exposure.

Pharmaceutical 161

Pharmaceutical Modeling Negotiating Skills Purchasing Skills 161

IQMS

APRIL 4, 2025

Faced with continuing inflation, manufacturers are seeking strategies to contain per-unit costs while maintaining margins. Compounding the challenge are information gaps across supply chains that can cost manufacturers lost time, productivity, margin erosion, price reductions, and missed shipment dates.

Price Reduction 52

Price Reduction Material Savings Vendor Strategies Inventory Reduction 52

ToolsGroup

NOVEMBER 12, 2024

ToolsGroup was named the leader in the 2024 SPARK Matrix™for Retail Forecasting and Replenishment for its ability to optimize demand forecasting and deliver more strategic pre- and in-season replenishment and allocation strategies in complex retail environments. For more available research, please visit [link].

ToolsGroup 156

ToolsGroup Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 156

Precoro

MARCH 27, 2025

That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses. It cuts costs yet helps maintain product quality and smooth operations. Negotiate better contract terms.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

RFgen

FEBRUARY 25, 2025

Managing inventory effectively is a constant challenge for businesses. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges. Often, whats perceived as the bullwhip effect is actually a related but distinct phenomenon: the inventory accelerator.

Inventory Reduction 52

Inventory Reduction Price Reduction Material Savings Cost Reduction Strategies 52

Logistics Viewpoints

NOVEMBER 1, 2024

This increase in spending is not due to candy prices rising, the results from the survey show an overall candy prices only increased 0.9% The flooding has cut off entire villages from power, trapping them due to highway closures, and ruining farms in regions popular for agriculture exportation.

Supply Chain Design Software 284

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Design Supply Chain Software 284

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 329

Case Study Inventory Reduction Agile and Lean Supply Chain Study 329

RFgen

APRIL 18, 2025

China, and the EU, trade barriers are driving more than price changes. Tariffs are reshaping sourcing strategies, forcing tech upgrades, and making inventory planning a lot more complicated. Immediate Cost Surges and Planning Chaos The most obvious tariff impact on supply chains is pricing.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 52

Jaggaer

APRIL 9, 2025

How AI is Transforming Manufacturing: Strategies, Benefits, and Use Cases Artificial Intelligence (AI) is a huge topic and one that is constantly changing as research and development efforts push out the boundaries of whats possibleand whats already happening! Manufacturers now generate and own vast volumes of it.

Material Savings 52

Material Savings Inventory Reduction Manufacturing Procurement Waste Reduction 52

Logistics Viewpoints

AUGUST 1, 2024

According to Bloomberg , the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.

Modeling 313

Modeling Network Optimization Supply Chain Design Software Material Savings 313

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 299

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 299

GlobalTranz

MAY 20, 2025

When tariffs rise, fuel prices spike or international trade agreements shift, those cause ripples across all freight modes — truck, air, rail and ocean. They offer flexible service and cost-effective pricing, especially for domestic shipments. It's a critical part of many 3PL supply chain strategies.

3PL 156

3PL Negotiating Skills Supply Chain Design Software Supply Chain Planning Software 156

ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. 7 practical strategies to minimize risk and manage supply chain shortages. Use analytics to put your available inventory to the best use.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

SCMDOJO

JANUARY 29, 2025

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs. truck, rail, air, sea) to identify the most cost-effective options.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Waste Reduction Cost Reduction Strategies 98

Supply Chain Brain

JUNE 22, 2025

Bowman, SupplyChainBrain In the rush to adjust sourcing strategies in line with current trends in international trade, the answer might be to think small. manufacturers have spent the last few decades consolidating production at gigantic offshore plants, especially in China. Enter the concept of the “microfactory.”

Manufacturing Procurement 76

Manufacturing Procurement Supply Chain Design Software Supply Chain Design Optimal Sourcing 76

BlueYonder

OCTOBER 29, 2024

Getting the mix wrong comes with serious consequences — excess inventory on the one hand, and lost sales on the other. Simply by tying these intelligent predictions directly to global production plans and schedules, manufacturers can profitably serve demand on one hand, while managing constraints on the other.

Forecasting 114

Forecasting Forecasting Software Supply Chain Planning Software Supply and Demand 114