The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics.

Supply Chain Design Software 130

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

Enterra Insights

OCTOBER 13, 2023

The Just-In-Time Supply Chain Model vs. Just-In-Case Supply Chain Model Several years ago, when the pandemic became a full-blown global crisis, most supply chains used the “just-in-time” model, which relies on resources and goods being available right when they’re needed. They didn’t have the full picture.”[2]

Modeling 130

Modeling Modeling Software Supply Chain Design Software Optimization Modeling 130

Enterra Insights

JUNE 22, 2022

Financial writer Emma Kerr ( @emmarkerr ) explains, “Inflation is caused by factors like pressures on the supply or demand side of the economy, money supply policies and even consumer expectations.”[1] The irony of excess inventory. Excess inventory was also caused by the Bullwhip Effect.

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

Unleashed

JANUARY 31, 2023

In-transit inventory is a frequently overlooked aspect of inventory management and accounting for product businesses. What is in-transit inventory? In-transit inventory is products that have been shipped by the seller but have yet to reach the customer. Who owns in-transit inventory?

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Supply Chain Planning Software 98

Logistics Viewpoints

OCTOBER 31, 2022

I interviewed John Sobeck, Vice President Material Management Services and Supply Chain 4.0 at the ZF Group, about their digital supply chain transformation journey. The ZF supply chain is complex. ZF’s Digital Supply Chain. ZF Began their Digital Resilience Transformation 20 Years Ago!

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197

Logistics Viewpoints

MARCH 25, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

Supply Chain Shaman

DECEMBER 17, 2019

Is The Supply Chain Out of Rhythm? On a supply chain blog? As I struggle to build musicality, I think about the rhythms and cycles of the supply chain. In all cases, with my clients, I find the internal supply chain is out of step—lacking musicality with either the channel or the supplier base.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Supply Chain Strategy 209

Logistics Viewpoints

AUGUST 5, 2021

Supply chain sustainability is a higher priority than ever. In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. On our budget then, this felt like a fortune and fueled my interest in energy policy.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

Supply Chain Shaman

NOVEMBER 21, 2023

My client attempted to have a supply chain discussion to improve flow, and his executive group just did not get it. As a result, my client became a pawn to eliminate as he drove to his goal of supply chain improvement. They were not aligned on the role of the distribution as it tied to supply chain excellence.

Supply Chain Planning Software 325

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 325

Logistics Viewpoints

OCTOBER 21, 2021

Recent supply chain disruptions are forcing organizations to challenge the prevailing wisdom and look for newer approaches to decision making. The simultaneous shocks to demand and supply, and the magnitude of these shocks are not something the world ever experienced.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Modeling 190

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

The Logistics & Supply Chain Management Society

JUNE 10, 2021

Managing cross-border, international supply chains with multiple, disconnected systems and manual processes indeed have many pitfalls. The Evergreen shipping incident in the Suez Canal proved that logistics remains vulnerable. As supply chains disruptions are unpredictable preparing for any kind eventuality is a major challenge.

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 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. Many companies buy forward inventory ahead of tariffs being implemented. Buying forward.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase. Knowing the importance of managing the return of merchandise, let’s look at the goals and benefits of a customer-centric return policy.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

ToolsGroup

JUNE 8, 2018

Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value. Lots of margin.

Modeling 197

Modeling Optimal Sourcing Inventory Reduction Demand Planning Software 197

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Talent gaps: ? Changing consumer attitudes:?

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Clear Spider

APRIL 18, 2023

Green supply chain practices obviously offer environmental benefits, but these green initiatives have significant economic value as well. As a result, more and more businesses are investing their time and money into rethinking their entire supply chain. What is Green Supply Chain Management?

Supply Chain Design Software 96

Supply Chain Design Software Agile and Lean Supply Chain Material Savings Sustainability 96

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Supply Chain Matters

JANUARY 3, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Unleashed

JANUARY 31, 2023

Supply chain disruptions are the enemy of product businesses. Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. Product companies implement lean logistics to eliminate downtime in the supply chain and give customers better value.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

SYSPRO Smarter ERP

MARCH 31, 2022

Global supply chains were starting to recover from two years of upheaval caused by the pandemic when the military crisis hit. The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supply chain and impact South Africa. Supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service?

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 186

Supply Chain Game Changer

JANUARY 19, 2022

Subscribe to Supply Chain Game Changer. The Supply Chain Renaissance Has Begun! Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management.

Vendor Strategies 109

Vendor Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 109

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. It allows businesses to sustainably control stock and sell products despite shifts in customer demand or unexpected supply issues. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

Supply Chain Game Changer

SEPTEMBER 1, 2021

Subscribe to Supply Chain Game Changer. Drop Shipping Teddy Bears! A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. It is easy to learn how to manage an e-commerce store without the extra work required to stock and ship goods. Drop shipping.

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

Supply Chain Game Changer

OCTOBER 14, 2022

Subscribe to Supply Chain Game Changer. The Supply Chain Renaissance Has Begun! The Supply Chain is the unseen driving force behind any business. As such, for business success you must improve Supply Chain. Inventories are also crucial. Subscribe Here! Email Address.

Supply Chain Software 99

Supply Chain Software Supply Chain Optimization Material Savings Supply Chain Strategy 99

Supply Chain Shaman

SEPTEMBER 20, 2015

As supply chain clichés take flight, clients struggle with execution. One of these concepts that I hear a lot; but see few tangible examples, is the idea of “customer-segmented supply chain.” The discussion of customer-segmented supply chains happens often. How will the policy be executed?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Logility

OCTOBER 7, 2021

Furthermore, life sciences products have high standards for production, storage, shipping and delivery. Therefore, superior management of the life sciences supply chain is essential for many reasons, including: Quality control On-time shipments Operational consistency Customer satisfaction. This is a cultural issue for many.

Supply Chain Design Software 130

Supply Chain Design Software Optimal Sourcing Pharmaceutical Supply Chain Optimization 130

Enterra Insights

JUNE 25, 2021

Kearney’s Consumer Products and Retail Practice, asserts, “Retailers need to review forecasts and inventory commitments for Holiday 2021 which could be a blockbuster. And as retailers struggle to catch up, imports could be capped in the months ahead by a trans-Pacific shipping network that has reached its limit. year-over-year.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 130

BlueYonder

MARCH 28, 2024

When orders are delivered on time and in full, the fulfilled promise doesn’t just build trust with the customer; it also builds trust between the links in the supply chain. Nevertheless, building profound and lasting trust between retailers and their customers — as well as between every link in the retail supply chain — is possible.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization Inventory Reduction 52

Enterra Insights

APRIL 18, 2024

The causes are myriad, including rising labor costs, geopolitical considerations, rising transportation costs, and increased risks of supply chain disruptions. Going forward, companies will need to continue to navigate supply chain disruptions, China risk, and concerns about capital outlays in a rising interest-rate environment.”[2]

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

Supply Chain Shaman

AUGUST 11, 2016

(Included in this post is Cummins’ digital award for the 2016 Supply Chains to Admire. I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. All too often supply chain leaders are good at high level vision, but weak at connecting the vision to execution.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150