ToolsGroup Names David Barton General Manager of North America

ToolsGroup

BOSTON (May 13, 2019) – ToolsGroup, a global leader in supply chain planning software, announced today that David Barton has joined ToolsGroup as the new general manager of North America. Barton succeeds Patrick Smith, who served as managing director for North America from 2011 to February 2019. Barton’s appointment comes at a time of rapid expansion for ToolsGroup, with double-digit growth of its North American business in 2018.

ANCA Streamlines Procurement with the QAD Supplier Portal

QAD

Inevitably, the procurement process is complex and challenging to manage. Machines can’t be built and shipped without having the right parts in inventory , but at the same time, keeping parts on the shelf consumes space and cash. Procurement System Improvement Goals. Recognizing the vital importance of procurement to their business, ANCA management set about finding a tool to help. Manage consignment inventory. Streamlined Component Procurement.

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Florence Et Al.

Supply Chain Shaman

North Carolina, South Carolina, Virginia and Georgia sit squarely in the storm’s path. It is now closed at the start of a busy shipping season as companies prepare for holiday inventory builds. Expect tight capacity across North America.

How Does Procurement Create Value? Insights from CPO Speakers at Zycus Horizons Conference

Supply Chain View from the Field

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Chris Sawchuck from the Hackett Group interviewed three heads of procurement from three large companies, and asked an important question. Does procurement add to top line revenue.

Will the New Tax Bill Bring Overseas Profits Back Home?

Supply Chain Brain

Where in the past they might have focused primarily on days payable outstanding (DPO) as a financial metric, they’re now giving equal attention to days sales outstanding (DSO) and inventory levels. Sourcing/Procurement/SRM SC Planning & Optimization EDI Communication (XML/EDI) Home Page Latest News Home Page Slider Editors' Blog All Technology North America

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The cash-to-cash definition is: Cash-to-cash= Days of Receivables+ Days of Inventory-Days of Payables. Note the increase in receivables, inventory and payables, and the small increase in Cash-to-Cash.

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

And with less manufacturing output there were fewer container ships leaving Asia full of goods meaning activity in ports in North America and Europe would slow down rather quickly. Total cost of ownership (TCO) is a Procurement sourcing methodology which entails taking into account all aspects of doing business with a supplier, not just unit costs. Mission Critical and Strategic Inventory Positioning. Subscribe Here! Email Address.

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Time to Squeeze Carriers for Better Rates?

Talking Logistics

So, that tells me that the inventory situation continues to weigh on truck freight volumes. We’ve produced several Talking Logistics episodes related to transportation procurement (see links below), with each guest providing great insights and advice on the topic. Talking Logistics episodes related to transportation procurement: What Are Other Shippers Doing? Leading Practices in Transportation Procurement.

How a digital transformation can maximize the value of your meat supply chain

DELMIA Quintiq

Beef, poultry and pork producers from Europe and North America all share a similar challenge: how to get the most value out of an animal. Offer high service levels while keeping inventory levels low.

Resin prices vary a lot more than you think! RTi helps you understand why.

NC State SCRC

RTi, based out of Forth Worth, TX, is working with NC State’s Supply Chain Resource Cooperative, attracted by our strong program in procurement and supply chain, the focus on analytical thinking and modeling, and the mix of engineering and business students who work on projects with our industry partners. Pete shared with me that “we need to bring in young people who have an interest in procurement, because most of the information we develop is used in procurement negotiations.

My Take: Metrics that Matter

Supply Chain Shaman

Joe’s team selects the metrics of Revenue Growth, Operating Margin, Inventory Turns, On-time Customer Orders, Safety and Return on Invested Capital (ROIC). TO drive success, they then focus the individual functions–sales, marketing, manufacturing, procurement, distribution, finance–around metrics that focus on reliability. I am planning a book tour in Europe in March and North America in April. Last week, I held my new book in my hand.

$1.9 Trillion warehouse market growing strongly driven by emerging markets

EFT

The global market for warehousing is currently growing at a Compound Annual Growth Rate (CAGR) of 6 – 8%, according to Beroe Inc, a procurement intelligence firm. Key Findings: Europe and North America show higher development in the service provider department due to high technology adoption levels and a wider range of services offered. Just-in-time techniques and vendor-managed inventory systems also require warehouse usage; thus, there are no substitutes for warehousing.

Supply Chain Innovation: How to Build an Award-Winning Supply Chain

ToolsGroup

Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. Lennox almost tripled the percentage of orders that can be delivered the next morning, yet reduced inventory by almost 20%, even with a 250% increase in physical locations. Source: Supply Chain Digest. What does it take to create an award-winning supply chain?

This Week in Logistics News (March 23-27, 2015)

Talking Logistics

Now, on to this week’s supply chain and logistics news… Penske Logistics Reaches Agreement to Acquire Transfreight North America. This week it was Penske Logistics announcing that it is acquiring Transfreight North America from Mitsui & Co., Unfortunately, many software vendors and users still have a short-sighted perspective of cloud, viewing it simply as a procurement option, no different than deciding between buying a car or leasing it.

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Join BVL International at the North American chapter kickoff on August 12, 2013

Supply Chain View from the Field

Handfield will discuss nine key trends from the study and related topics at BVL’s first North American chapter meeting to be held in Goldsboro, N.C., Solutions focused on improving transparency of tier two suppliers, inventory and demand impede mitigation and force companies into reactive strategies. Proactive strategies should include research and development, procurement, production and sales. The event is being hosted by Volvo Group North America.

The 3 Biggest Problems Your Logistics Teams Will Face in Q4 and How to Solve Them with On-Demand Warehousing

FLEXE

Aside from that being one of your busiest times of the year, the movement to eCommerce and omnichannel shopping has made accurate demand planning impossible and inventory allocation harder than ever. Between inventory fluctuation and seasonality, making it all fit when it needs to, and general supply chain disruptions, there’s a lot to plan throughout the year. He’s in charge of inventory management across its distribution and fulfillment network. Planned Inventory Peaks.

Has Driverless Supply Chain Planning Already Arrived?

ToolsGroup

Unmanned coffee stations transmit POS data every 15 minutes to help forecast demand, optimize inventory, and generate replenishment proposals for distribution and procurement; SCP software calculates the refill order requirements nightly for frequent, low-volume deliveries. For Lennox it was at the Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition , arguably the top supply chain awards in North America.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Rather, going beyond customer expectations needs to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels. Transportation strategy and tactics must support Lean inventory strategies.

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Writing: Working on My Book

Supply Chain Shaman

He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Prior to Mattel, Peter was the Executive Vice President of Global Supply Chain Operations for Starbucks where he was responsible for the supply of the products that contribute to the Starbucks Experience: from the supply of coffee, to the procurement of the cup, to delivering the table it rests on.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. Risk pooling is considered the most important concept in supply chain management as it governs the tradeoffs in inventory management and leads to effective strategies such as push/pull and postponement.

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Severe cash crunch in store for suppliers

EFT

already showed signs of slowed payments to suppliers in 2019 as they collected cash from customers more slowly and held slightly more inventory, causing overall working capital performance to decline after several years of improvement, according to the annual survey of The Hackett Group , Inc. They collected from customers 19 days faster, paid suppliers 20 days slower, and held less than half the inventory. The 1,000 largest non-financial companies in the U.S.

Is Business ‘Transformation’ a Dirty Word?

QAD

Here’s what I mean: If a Global Engineering leader thinks her engineering department in North America should be running at $90M a year, and it is running at $100M, she sends that Regional Engineering leader a 10% budget task or reduction, and then there is a presumption that the regional leader will execute that task, people will be walked out and efforts stopped, and everyone will automatically figure out exactly what should be done.

Seasoned Leadership in Action™ – An Interview with Derek Panchyshyn!

Supply Chain Game Changer

Our interactions spanned the full range of Customer-Supply Chain activities: materials costing, planning, materials availability, inventory, delivery performance, and logistics. Again this involved EMC but under my leadership (and working with a great team) we transitioned all of their business with Celestica at the time from North America and Europe to Asia; costs got better, availability got better, and quality got better. Subscribe Here! Email Address.

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Trends and Predictions 2020: Supply Chain

Enterra Insights

Supply chains will be able to procure, source, manufacture and handle logistics across a broad array of players including small to medium businesses. Intelligent order management: Supply chains will orchestrate the perfect order and master inventory visibility. ” David Barton, ToolsGroup General Manager for North America, predicts, “Algorithmic supply chain planning will go mainstream.”[3]

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Delhaize America Selects RELEX Solutions’ Supply Chain Planning to Help Sharpen Fresh Produce Retail

RELEX Solutions

Delhaize America has selected RELEX Solutions’ supply chain planning solutions to forecast and replenish perishable categories within its distribution centers, which service its supermarket brands Food Lion, with more than 1,000 stores in the Southeastern United States, and Hannaford, with 181 stores across New England and New York. We’re delighted by Delhaize America’s vote of confidence and for the opportunity they’ve given us to show what we can do. “We’re Read PDF.

How Artificial Intelligence is Changing the Business Landscape

Enterra Insights

Windy Garrett ( @wgarrettatos ), Vice President of Cloud Partners at Atos North America, notes, “The biggest advancements and overall game changers [in the business world] are artificial intelligence and machine learning (ML), which have the capability to transform businesses and industries so greatly that they can no longer afford for it to simply be aspirational. AI systems can be used across supply chain networks from procurement to last mile delivery.

How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. COVID-19 Impact on Procurement. Companies reliant on components procured in China, especially those in the automotive and electronics sectors, will really start feeling the effects of the crisis in March and beyond, analysts say. General Motors is airlifting supplies to its North American truck production.

This Week in Logistics News (September 15-19, 2014)

Talking Logistics

Kuehne + Nagel inaugurates North America’s regional Integrated Logistics Control Centre in Raleigh, NC, USA. was among the first retailers to implement RFID on a broad national scale to improve the accuracy of item-level inventory counting…In recent omnichannel pilots in fashion categories…Macy’s documented RFID’s ability to significantly improve sales, gross margins and markdowns by better leveraging inventory counts that are real-time and accurate.

Seasoned Leadership in Action™ – An Interview with Derek Panchyshyn, SVP at ATX Networks!

Supply Chain Game Changer

Our interactions spanned the full range of Customer-Supply Chain activities: materials costing, planning, materials availability, inventory, delivery performance, and logistics. Subscribe Here! Email Address.

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Lull Case Study: Order Fulfillment that Doesn’t Keep You Up at Night

FLEXE

With FLEXE, Lull gained a software platform to manage inbound and outbound shipments while tracking real-time inventory levels across their FLEXE network of fulfillment centers. Lull uses FLEXE for order fulfillment to their customers.

An Interview with Reshoring Initiative’s Harry Moser

CH Robinson Transportfolio

I’m speaking, of course, of the growing number of companies who are either making a choice to manufacture in America by never offshoring in the first place or moving manufacturing back to America from overseas. Also, throughout my career I have made promises to the youth of America that there will always be well-paying jobs in manufacturing for skilled workers. There are many names for it: localization, near-shoring, reshoring, and onshoring.

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count. This will prevent overstocking and understocking, saving you unnecessary inventory and storage costs. By automating your inventory management you can achieve all these things. How much inventory should we carry and where?

Is The Retail Industry Melting Down?

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. It’s kind of a wild west, and the most successful players being those who can harness Omnichannel distribution, and avoid excess inventory that will leave them in the dust. Subscribe Here! Email Address.

Letter from the CEO: Coronavirus Market Update

Transplace

North America Market. to Asia export bookings especially in markets with low container inventory. The global air freight market for Asia, Europe and North America is impacted by the dramatic decline in commercial passenger flight volume creating capacity shortages and volatile spot market pricing without transit time commitments. Also, provide weekly data and reports to operations and procurement teams. Letter from the CEO: Coronavirus Market Update.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

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. Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company.