ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management?

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. ” Let’s set the stage.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Supply Chain Opz

MARCH 26, 2015

What is Inventory Control? Here we will try to answer most common questions about Inventory Control and also provide additional resources you can use. What is Inventory Control? Inventory control often starts with how to know the demand of particular product. What is Sales and Operations Planning (S&OP)?

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

JUNE 1, 2023

One day, a product is flying off the shelves, and the next, it’s gathering dust. That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 278

Kinaxis

OCTOBER 17, 2014

Session Title: “End to End Visibility and Supply Planning — Schneider Electric” In Alain’s main stage presentation hear how end-to-end supply chain visibility is key for becoming demand-driven and building value in supply networks. Benji Green, director of global sales, operations and inventory planning, Avaya. Learn more.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain San Diego 191

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Ipsen also need to reduce their lead times.

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

Enterra Insights

AUGUST 18, 2021

” Inventory Management. Inventory embedded with the proper sensors can be tracked in real-time via the IoT. Supply chain journalist Catherine Metcalf explains, “Businesses can now place IoT sensors with a variety of components to help manage inventory more efficiently. Now, the cobot brings everything to the picker.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Logistics Viewpoints

SEPTEMBER 20, 2022

The MVP (Minimum Viable Product) version, set up to go live in multiple countries within three months, involves Demand Planners, Supply Planners, and Inventory Controllers with different access rights to monitor system-generated results. They can adjust quantities and generate supplier replenishment orders in PDF or Excel as needed.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Supply Chain Shaman

AUGUST 11, 2014

Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We have found that supply chain metrics are gnarly and complicated.During Resiliency is the tightness of the pattern, or the reliability of operating margin and inventory turns results.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. Figure 2: Descriptions, or Metaphors, that Describe Today’s Supply Chain. For clarity, let’s start with a definition. The flows are typically linear and the analysis is on alternate modes and best shipping lanes.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Vanguard Software

APRIL 16, 2021

The success of an organization’s supply chain simulation depends on many factors, including: The development of a realistic model Access to structured and unstructured data Advanced analytics Software that can determine the outcome to different scenarios. Or if the world’s busiest trade route becomes blocked? Conclusion.

Modeling 52

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Software 52

Unleashed

JANUARY 10, 2023

In short, supply chain planning is about making sure you’re maximising efficiency through every phase of a product’s lifecycle. That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Vanguard Software

APRIL 16, 2021

The success of an organization’s supply chain simulation depends on many factors, including: The development of a realistic model Access to structured and unstructured data Advanced analytics Software that can determine the outcome to different scenarios. Or if the world’s busiest trade route becomes blocked? Conclusion.

Modeling 40

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Software 40

Logility

APRIL 15, 2020

Without good demand planning, companies face the situation of unhappy customers, late shipments, cancelled orders, excess inventory, longer lead times, expedited shipping costs, and a host of other potential issues. Adopting a Sales and Operations Planning (S&OP) process and platform can be a great way to address this problem.

Forecasting 248

Forecasting Forecasting Software Predictive Analytics Software Demand Planning Software 248

Supply Chain Opz

JUNE 1, 2014

This creates the perception among consumers that Zara''s products are unique and you have to take it while stock lasts. To cope with this, P&G conducts a merchandise testing at the pilot stores to determine the customer''s response to new product before the launch. HP ''s case study is pretty unique.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

DynaSys

SEPTEMBER 22, 2021

You’ve just been chewed out by the Head of Accounts because she was forced to ship an order to a major customer two weeks late…and it’s your fault. And this is only one metric where you could be doing a lot better. You’re also dealing with excessive inventory for some items while facing stock outs for others. Congratulations!

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Demand Planning Software Optimization Software 52

Supply Chain Shaman

JULY 22, 2016

It starts with the needs of the customer’s customer and flows through the extended supply network. Demand is seen as a fixed set of numbers, and as a result, the team’s focus is on numbers without understanding the drivers of the markets. Within each company and market there are distinct rhythms and flows for demand.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Shaman

JANUARY 2, 2023

Let’s start with the basics. In traditional advanced planning applications (APS) for a manufacturing company, the forecasting model’s role is to generate a time-series forecast in the tactical horizon (outside of lead time). (An This blog post may seem a bit basic for some. Bear with me. I promise to answer the questions.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

Kinaxis

MAY 18, 2016

Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. The S&OP process 3-4 years ago didn’t lean on that as much as it does now. If it’s a company that ships hard good especially, it doesn’t exist without a Supply Chain.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

ToolsGroup

MARCH 18, 2019

In the first phase Mohawk overhauled its own internal operations, implementing a centralized Sales and Operations Planning (S&OP) process to manage its business in a more demand-driven way. They also cut inventory levels, grew sales and resolved capacity issues. Their S&OP program, however, was only the beginning.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 228

Logility

AUGUST 3, 2012

In today’s uncertain times, a clear vision and strategy of where you need to be is the key to rally the company and propel your business forward; forward into new markets, new geographies and ahead of your competition. One of the key challenges to a successful global S&OP process is the language barrier. ” *.

S&OP 100

S&OP Inventory Reduction Global Expense Reduction 100

Kinaxis

MARCH 22, 2017

But the sheer complexity of supply chain networks, and the impact design decisions have on operational performance, makes supply chain inventory management aligning inventory investments with on-time customer delivery and margins a major challenge. Implementing inventory optimization. It’s certainly no walk in the park.

Optimal Sourcing 196

Optimal Sourcing Supply Chain Optimization Network Optimization Inventory Reduction 196

ShipBob

FEBRUARY 26, 2024

and then planning your inventory orders accordingly. It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Production and inventory planning should be accounted for when making this forecast. This requires forecasting orders based on anticipated demand (i.e.,

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Logistics Bureau

DECEMBER 20, 2021

As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. You will also understand their notable benefits to the inventory management discipline. 10 Invaluable KPIs to Track Inventory Management Performance. 1: Inventory Turns.

Inventory Reduction 76

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 76

Supply Chain Shaman

OCTOBER 7, 2012

Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? Is it S&OP? The less conversion of materials in the inventory strategy, the greater the flexibility of the supply chain. In the supply chain, variability and volatility come from many sources.

Supply Chain Design Software 226

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 226

Requis

OCTOBER 30, 2020

I said, “that’s fine, I’ll take that one”. Using automation better to reduce labour costs, the adoption of sales and operations planning (S&OP), and planning systems have really taken off in the last ten years. I answered by asking which one pays the most. That’s been a massive trend.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

ShipBob

NOVEMBER 2, 2021

To keep a business afloat, an online brand needs to track inventory , manage the fulfillment and shipping process, and oversee products getting to their end destination. Managing inventory. Developing a shipping strategy. Managing an ecommerce operation is a tremendous undertaking. . Warehousing. Customer service.

Supply Chain Planning Software 96

Supply Chain Planning Software Optimization Software Analytics Software Logistics Network Optimization Software 96

6 River Systems

JUNE 29, 2020

Building supply chain resilience isn’t a new goal, but it’s become a primary focus for supply chain leaders in the wake of the pandemic crisis, particularly in the hardest-hit industries, such as food and beverage. It’s also becoming law, from pharmaceutical serialization to US FDA food safety.”

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Logistics Bureau

SEPTEMBER 28, 2020

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider. Even slight delays or inventory shortages can have a severe impact on a company’s bottom line. What is 3PL? million USD in 2019.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Supply Chain Shaman

NOVEMBER 14, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Supply Chain Insights

AUGUST 29, 2017

It matters not what your metric is, you get the same results: too much of our trade spend goes down the drain, doesn’t it? As we begin to better link the forecast, order management, shipping, transportation and retail execution, things will continue to improve. Thinking of the future, here is where IoT can begin to play a major role.

Supply Chain Planning Software 95

Supply Chain Planning Software Forecasting Software Predictive Analytics Software Modeling Software 95

New Horizon Supply Chain Blog

JUNE 18, 2022

For instance, consider a producer of yogurt, ice cream, and other dairy products shipped directly to individual supermarkets using a direct store delivery model. The table below shows forecast and actual values and then the calculated mean absolute percent error (MAPE), the most common forecast accuracy metric.

Forecasting 52

Forecasting Supply Chain Planning Scenario Planning Supply and Demand 52

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

o9 Solutions

DECEMBER 3, 2021

The chemical’s industry is no different, as its value chain—from raw material sourcing and shipping to production—has been impacted by disruptions and ripple effects due to the COVID pandemic. Yasser Bin Sabir: Yeah, that’s a very important point to begin with. So this year, it’s really tough for us.

Chemicals 52

Chemicals Modeling Supply Chain Planning Software Scenario Planning 52

Supply Chain Shaman

JUNE 24, 2022

Price of Ocean Shipping Business Continuity. The future inventory fire sale. One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In Baby formula. Toilet Paper.

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 366