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In today’s architectures and functional metrics, value optimization does not exist. And, when procurement and tactical planning operate in isolation, there is no decision support framework to guide the trade-offs especially when the functions are tethered to different and conflicting metrics. You are right.
This uncertainty makes dynamic inventory replenishment optimization essential for business success. Effective inventory optimization directly impacts customer satisfaction, loyalty, operational costs, and waste reduction making it a critical business function in todays volatile market.
The True Winners are the Technology Sales Reps When the Gartner Magic Quadrant was announced this year, Philip Vervloesem, now the Chief Commercial & Markets Officer for Global Expansion for OMP , taped a video in Florida announcing the win for OMP. The video is captured in front of beautiful yachts and homes on the Florida canal.
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?
Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability. What did we find?
The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization. A great example of this comes from a Logility customer.
What is the Perfect Delivery Metric? Improving on this metric will always involve a focus on people and processes, but often also includes implementing new, more robust, supply chain applications. The wrong metrics drive suboptimal behaviors and metrics can often be manipulated. You can watch the full video below.
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SCB Feature Report From DPW: What’s Next for AI in Supply Chain? Image: iStock/JuSun June 18, 2025 Helen Atkinson, Managing Editor “The future is already here; it’s just not evenly distributed,” wrote William Gibson in his 1984 novel Neuromancer.
Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. How do you calculate Average Inventory?
The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Companies invest in project after project, yet inventory levels remain the same. The Business Problem. The analogy is weight loss.
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. We feel so strongly about this that we do not have an inventory planning role.”
The traditional metrics of excellence cost efficiency, on-time delivery while still important, are no longer sufficient in an era defined by volatility, complexity and political changes. Inventory management has similarly evolved from static calculations to autonomous orchestration.
They had seen my videos on the website and needed a speaker for their global kick-off meeting. I also believed that this company would have the best inventory and customer service. It is one of the primary reasons why nine out of ten manufacturing companies are stuck at the intersection of operati ng margins and inventory turns.”
Is inventory bloating your costs? Running procurement and supply chain without metrics is like driving blindfolded. A scorecard acts as your dashboard, providing crucial visibility that helps you: Make Data-Driven Decisions: Replace guesswork with facts when evaluating suppliers, processes, and inventory levels.
In the meantime, in case you missed them the first time around or want to watch/read them again, below are the most popular Talking Logistics posts we published this year and the video episodes we aired during the second half of the year. Talking Logistics Video Episodes (Second Half of 2018). Top 10 Talking Logistics Posts in 2018.
We analyzed the impact of 150 factors on 493 financial metrics for the period of 2004-2016. Across the industry, we find that companies think that they are managing costs and inventory better through technology investments like supply chain planning, but they have a false sense of accomplishment. This research was tough work.
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Review Supplier Performance Performance Measurement: S&OP provides a framework for tracking supplier performance against agreed-upon metrics, such as delivery time, quality, and cost. Bonus Video Content to Learn More about S&OP 7 Practical Challenges in S&OP Deployment You Should Avoid Why Sales & Operations Planning?
These changes are phased into execution by synchronizing data from changes in demand, inventory, and supply planning systems. Sense quantifiable changes : The resident applications, specifically, demand planning, supply planning, and inventory planning all have key variables that contribute to a network model.
In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. On top of the annual inventory count there were ongoing manual cycle counts throughout the entire year. An Inventory Control History.
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These changes are phased into execution by synchronizing data from changes in demand, inventory, and supply planning systems. Sense quantifiable changes : The resident applications, specifically, demand planning, supply planning, and inventory planning all have key variables that contribute to a network model.
Inside the company, Amazon has used AI tools for inventory placement, customer service and product listings. CEO Andy Jassy. Photographer: Michael Nagle/Bloomberg June 18, 2025 Bloomberg Amazon.com Inc. Jassy encouraged employees to “experiment with AI whenever you can.” Amazon is the largest private U.S. employer after Walmart Inc.,
Regulators are seeking “to put pressure on fashion brands to make sure they’ve got better inventory control in terms of not over-ordering.” Time to Start Preparing for the Digital Product Passport SCB FEATURE Selling Into the EU? In the EU, “a heck of a lot” of new fashion apparel goes straight to landfill at the end of its life, he says.
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In sectors where product assortments shift throughout the year, for example, AS/RS may require different bin sizes to accommodate new inventory, while P2G operates independently of bin structures, allowing for seamless transitions. RELATED CONTENT RELATED VIDEOS Robotics Warehouse Automation Related Articles Watch: P2G or G2P Robotics?
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Inventory Turns (15%) (based on 2014 results). Supply chain leaders manage a complex system of non-linear, but very inter-connected metrics. Leaders need to balance a portfolio of metrics. Year-over-year Improvement at the Intersections of the Metrics. A Three-year Weighted Return on Assets (ROA) Number (25%).
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Gone are the days of paper inventory tracking and manual data entry. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. It’s also critical to your inventory management strategy. Case Study: NFPC Enhances ERP to Gain 99.9%
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This framework frees us to use new data forms (unstructured and structured data, video, maps, etc.), A major gap is the lack of a perpetual inventory signal that can show the network levels of inventory, and manage Available to Promise and Allocation in an extended value network, where drop shipments are a reality not an exception.
Jassy called generative AI a “once-in-a-lifetime” technology that will change the way the company operates, and said Amazon is already using it in “virtually every corner of the company,” calling out the supply chain areas of inventory and demand planning as examples. Q Feedback No Feedback on this article yet.
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Jump to sales, marketing, and finance demo videos here Traditional Demand Planning Challenges: Current demand planners can get bogged down in the daily grind of gathering, organizing, and analyzing the sales history for an accurate forecast. Stretched for time? A key part of this process is incorporating this knowledge into the demand plan.
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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.
Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. The following video provides a quick lesson about how barcodes work. ” • Inventory control : “Barcodes improve inventory management and reduce excessive spending on products.
This means tracking key metrics like inventory levels, shipment status, and supplier performance. There are some relevant and useful points in this video: The key lesson from COVID crisis management was the need to balance maintaining customer service while controlling costs during periods of extreme disruption.
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