ToolsGroup

APRIL 20, 2022

Sarah Voorhees, VP of Demand and Inventory Planning at American Tire Distributors , is one such leader who emphasizes the importance of individual check-ins: A 1:1 conversation can be intimidating, though, especially if the person has sensitive concerns. Source: Fortune. #3: Source: Fortune. But it doesn’t have to.

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

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

Supply Chain Shaman

NOVEMBER 29, 2021

There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. Government policies are rational. The increasing issues with tax and tariff shifts and the policies of China make the response more complicated. With only 5.8%

Supply Chain Planning Software 276

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 276

Supply Chain Opz

JUNE 23, 2014

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Supply Chain Shaman

NOVEMBER 29, 2021

There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. Government policies are rational. The increasing issues with tax and tariff shifts and the policies of China make the response more complicated. With only 5.8%

Supply Chain Planning Software 264

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 264

SYSPRO Smarter ERP

AUGUST 1, 2022

The details held within the BOM can be used with different sourcing policies to ensure you get the best product from the right supplier at the best price and availability, ensuring customer satisfaction and reduced costs. Here’s how BOM can help you manage your inventory. BOM within your ERP.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Material Savings Manufacturing Procurement 111

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain. Go to the source.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Supply Chain Shaman

DECEMBER 7, 2023

Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. I am currently doing research on inventory management. Today, this is not the case. Yes, I think so.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Logility

SEPTEMBER 9, 2023

Finally, US trade policies, including high import tariffs and stringent labeling requirements, are prohibitive towards increasing the imports of baby formula to the US in the short horizon. Much has been said about over-reliance on global supply chains and the need to build more self-reliant localized supply sources.

Forecasting 131

Forecasting Modeling Forecasting Software Supply and Demand 131

Supply Chain Shaman

NOVEMBER 29, 2021

There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. Government policies are rational. The increasing issues with tax and tariff shifts and the policies of China make the response more complicated. With only 5.8%

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 195

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. Strategic placement of inventory buffers to ensure sufficient ability to absorb shocks. One off recommendations are made about facility locations (i.e.,

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. How will the policy be executed? Today, there is not a well-defined template on how to build and operate a supply chain defined by customer policy and segmentation strategy. The journey began with a one size fits all approach in 2008, and the policies evolved over the course of the last seven years.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! This article explores some of the benefits of big data to inventory management teams.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 309

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

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 the Best Forecasting Model?

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

Supply Chain Trend

OCTOBER 20, 2022

Often within pre-defined and aligned cross functional policies as facilitated by an IBP manager / S&OE manager. If the decision policies are defined between functions, these can be digitized and automated in many occasions. Finding an alternative material, source, or mode of transport to speed up delivery can be automated.

Supply Chain Software 109

Supply Chain Software S&OP Material Savings Gartner 109

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Source E2open Shipping Index). I worked with the organization for a year and scheduled a meeting with Lucas to explain that his policies were the primary issue. His response? “Huh?

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Unleashed

MARCH 8, 2023

Choosing the best inventory management software isn’t easy. This guide is designed to inform you which features are most important, the best time to invest in inventory software, and the costs you can expect to pay. Key considerations Manual management of inventory is time-consuming and prone to error. What’s your budget?

Inventory Management Software 52

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

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Source E2open Shipping Index). I worked with the organization for a year and scheduled a meeting with Lucas to explain that his policies were the primary issue. His response? How could this be?”.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

MIT Supply Chain

OCTOBER 13, 2016

Inventory management policies that fail to keep pace with shifting product demand can lock up valuable working capital, especially in volatile markets. By dynamically managing inventory without compromising service levels, companies can free up these unexploited reserves of working capital.

Inventory Reduction 40

Inventory Reduction Inventory Sourcing Strategies Spain 40

Supply Chain Matters

MARCH 11, 2024

Supply Chain Matters highlights a report indicating a push for Zara parent Inditex to disclose more detailed supplier transparency in the light of growing ESG policy dichotomies. And as our readers are aware, the area of ESG further includes corporate social responsibility policies, efforts and reporting.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Supply Chain Design Software Agile and Lean Supply Chain 52

ToolsGroup

APRIL 12, 2019

Too many companies get locked into traditional processes and a familiar vicious cycle: unable to reliably forecast an increasing number of SKU combinations, they load up on inventory to accommodate long-tail, erratic demand. achieving the same overall customer service level objective with far less inventory expense. percent, etc.,

Supply Chain Planning Software 227

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 227

Logistics Viewpoints

AUGUST 5, 2021

On our budget then, this felt like a fortune and fueled my interest in energy policy. We must plan, source, make, and deliver differently for supply chain sustainability. These examples address the source, make, and deliver areas of supply chain. It was a rude surprise when I learned it would cost $100 to fill the tank.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. In order to meet flat spending goals, transformational needs will have to be budgeted from any added savings garnered across supply chain functional areas.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Logility

MAY 26, 2022

25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. The bullwhip effect creates a demand-constrained supply chain marked by excess inventory, production planning problems, and even adversely affects customer service. Then, there’s the issue of surplus inventory.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Grab yours now!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logility

AUGUST 15, 2023

But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. Coordinate every step with insight and action Companies using a platform that synergizes service, inventory, cost, and sustainability stand at the precipice of a highly progressive approach to supply chain planning.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

EazyStock

FEBRUARY 7, 2020

Inventory Management, Business Growth & Expanding Product Portfolios. At EazyStock we talk to a lot of small- and mid-sized businesses (SMBs) who are struggling to effectively manage their inventory. In this three-part blog series we’re looking at each of these inventory management problems.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Management Software Forecasting Software 52

Supply Chain Opz

MARCH 26, 2015

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 100

Inventory Management Software Inventory Management Inventory Reduction Forecasting 100

Logistics Bureau

JANUARY 11, 2022

Short Term fixes might focus more on policies, like customer service or inventory. Meanwhile, Medium Term might be more on things like sourcing, freight or logistics outsourcing. What will you focus on in 2022 to improve your Supply Chain? Or maybe analysing cost to serve.

Supply Chain 79

Supply Chain Logistics Network Optimization Software Optimal Sourcing Customer Service 79

ThroughPut

JANUARY 28, 2019

Through the targeted use of Artificial Intelligence (AI), Machine Learning and other technologies, leading global innovators are constantly trying to enhance the effectiveness of their inventory management. What one can’t ignore, however, is all the external factors that also directly, and indirectly, affect inventory processes.

Optimal Sourcing 94

Optimal Sourcing Optimization Software Supply Chain Software Supply Chain Planning Software 94

ToolsGroup

MARCH 17, 2020

Usually disruptive events require redefinition and reconfiguring of the supply chain network in order to identify correct allocation of flows and inventory. You can model alternative flows and networks while guaranteeing service policies to customers. Take advantage of dynamic multi-echelon rerouting tools.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

BlueYonder

AUGUST 28, 2023

The world’s supply chains have been stalled by challenges like labor capacity, imperfect inventory positioning, unpredictable supply, rising costs, and prolonged fulfillment times. They need to source products from the most cost-effective, reliable suppliers, then store them as close to the final customer as possible.

Optimal Sourcing 70

Optimal Sourcing Data Inventory Management Software Analytics Software 70

GlobalTranz

APRIL 13, 2021

There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Price fluctuations and sourcing issues. Trade disputes and tariffs.

Supply Chain Disruption 205

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 205