Supply Chain Shaman

FEBRUARY 4, 2025

Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. While many might see the issue as change management, I think that the journey must start with unlearning. Change is Hard. Unlearning is Tougher. Guess what?

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

ToolsGroup

AUGUST 27, 2021

It is, in order words, a failure in supply chain risk management. What is supply chain risk management? Most companies split this concept of risk management into two camps – “macro” agility and “micro” agility. Macro agility , as the name suggests, focuses on the big events that impact a supply chain.

Supply Chain Risk Management 156

Supply Chain Risk Management Risk Management Agile and Lean Supply Chain Supply Chain Planning Software 156

The Logistics & Supply Chain Management Society

JULY 16, 2023

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

ivalua

JUNE 10, 2020

That’s why companies are always looking for new ways to streamline and increase efficiencies while also mitigating the risk within their supply chain. From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks. Understanding Supplier Risk Management.

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

The Logistics & Supply Chain Management Society

JANUARY 13, 2021

Customer service, parts shortages, unprecedented inventory growth, and warrant management can actually take up internal sources and affect profit margins. One of the risks of outsourcing supply chain management (SCM), miscommunication by the partner company or a retailer from another country.

Vietnam 35

Vietnam Supply Chain Risk Management China Risk Management 35

Enterra Insights

NOVEMBER 30, 2022

When it comes to supply chain risk management, however, vigilance is always required. ” This reality motivated Rosemary Coates , Executive Director of the Reshoring Institute and President of Blue Silk Consulting, to ask, “Are you really managing risk?”[2] ” Stuff Happens.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Supply Chain Planning Software Gartner 130

Logistics Viewpoints

OCTOBER 17, 2024

An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. This can help identify potential disruptions early and improve decision-making capabilities, particularly in Purchase Order, Forecast, Inventory and Quality related processes.

Manufacturing Procurement 298

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 298

ToolsGroup

FEBRUARY 24, 2025

Demand forecasting in supply chain management is the process of predicting customer demand, supply trends, and pricing fluctuations. It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

ToolsGroup

FEBRUARY 24, 2025

Demand forecasting in supply chain management is the process of predicting customer demand, supply trends, and pricing fluctuations. It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

Resilinc

MAY 23, 2025

Discover how Resilincs agentic supply chain risk management is transforming disruption response with AI-powered supply chain risk solutions built for speed, scale, and compliance. Lets look at an example of how agentic supply chain risk management works. Agentic AI is how leaders stay ahead.

Supply Chain Risk Management 48

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Design 48

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. An efficient procurement process optimizes vendor selection and purchasing decisions to maintain cost-effective inventory levels. For instance, a low inventory turnover rate might signal overstocking, tying up capital unnecessarily.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

ivalua

SEPTEMBER 19, 2022

Common Supply Chain strategies, such as just-in-time inventory, exacerbate the impact of shocks. Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases. Stockpiling inventory has been the most common response. Improving Supplier Collaboration.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

Supply Chain Shaman

DECEMBER 7, 2023

I believe that the ASCM definition is too reactive and rooted in the traditional, and outdated concepts on risk management. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. Is this a risk to resilience? Today, this is not the case.

Supply Chain Design Software 395

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 395

RFgen

NOVEMBER 27, 2024

Supply chain optimization software tracks items as they move through your supply chain and generate alerts at important points to improves decision-making and enhance visibility across the supply chain by integrating various capabilities like procurement, inventory, and customer relationship management.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

Enterra Insights

AUGUST 29, 2023

One solution often considered is having more inventory on hand, or developing dual supply chains that can deliver the same goods via two routes, in case one becomes impeded. ” As Kenney makes perfectly clear, there are no silver bullet solutions; especially when trying to tackle climate change risks alone.

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

DELMIA Quintiq

APRIL 21, 2020

Managing exceptional risks requires insights and visibility of key information – this gives you the ability to minimize the impact of these unexpected, yet huge disruptions. It is a necessary part of supply chain risk management. Contingency plans and supply chain risk management.

Modeling 302

Modeling Agile and Lean Supply Chain Supply Chain Disruption Optimal Sourcing 302

Logistics Viewpoints

OCTOBER 15, 2024

Technology Integration : Use of technology in logistics, inventory management, and supply chain tracking has helped improve efficiency and transparency. Sustainability : Amul focuses on sustainable practices, promoting eco-friendly methods among farmers and minimizing waste throughout the supply chain.

Optimal Sourcing 290

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 290

Supply Chain Shaman

JUNE 30, 2018

Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)). What Is Risk? Risk Drivers. How Do You Mitigate Risk?

Supply Chain Design Software 219

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 219

Resilinc

JUNE 11, 2023

Do you ever get confused when people use the terms supply chain risk management (SCRM) and supply chain resilience? Essentially, one views risk as a potential danger, the other perceives risk as an opportunity to grow and improve. Supply Chain Risk Management (Half-Empty): Sees risk as a threat to be minimized.

Supply Chain Risk Management 118

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 118

My Office Apps

OCTOBER 21, 2024

What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Why is Vendor Relationship Management Important?

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

Enterra Insights

NOVEMBER 14, 2024

. … The truly biggest risks and threats — to the global economy, to businesses, and to supply chains — are the ones you’re unaware of and not accounting for in the first place. When it comes to risk management, assessing the likelihood of various outcomes, and preparing accordingly, is vital. But what’s even more vital?

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning 130

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Instead, I would look at network flows, the form and function of inventory, cost-to-serve analysis, and the determination of the supplier network.

Supply Chain Design Software 320

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 320

Logistics Viewpoints

APRIL 10, 2025

Leading organizations are building supply chains that are less exposed to single points of failure, more informed by real-time data, and more able to adjust sourcing, inventory, and routing based on current conditions. AI is helping companies better detect risk, model alternatives, and make faster decisions with more confidence.

Optimal Sourcing 214

Optimal Sourcing Modeling Cost Reduction Strategies Supply Chain Optimization 214

Resilinc

JUNE 18, 2024

Explore the latest updates to Resilinc’s supply chain risk management solutions, including Collaboration Center 2.0, At Resilinc, we constantly innovate our supply chain risk management solutions to meet our customers’ evolving needs—it’s part of why we’re The Gold Standard for Supply Chain Resilience.

Supply Chain Risk Management 91

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Strategy 91

Logistics Viewpoints

AUGUST 1, 2024

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand. This data-driven approach enables faster decision-making and better risk management.

Modeling 317

Modeling Network Optimization Supply Chain Design Software Material Savings 317

Logistics Viewpoints

DECEMBER 5, 2023

This information is then used to develop a risk management strategy that takes into account the potential impact of different types of cybersecurity incidents. By monitoring system logs, operators can identify potential breaches or unauthorized access attempts and take prompt action to mitigate the risk.

Supply Chain Planning Software 317

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Inventory Management Software 317

Supply Chain Shaman

JUNE 24, 2022

The future inventory fire sale. At conferences, I hear many discussions about risk management and control towers. Risk management concepts are largely passe, and many control towers are futile attempts in the face of spiraling variability. Price of Ocean Shipping Business Continuity. The reason?

Supply Chain Planning Software 397

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 397

ThroughPut

MAY 23, 2025

Leveraging powerful tools like Inventory Management Software , todays COOs gain real-time visibility, streamline operations, and make faster, smarter decisions that keep their businesses ahead of constant change. Champion technology adoption, automation, and data-driven decision-making.

Inventory Management Software 52

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

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. The shift of inventory without the sharing of data is a mistake.

Supply Chain Planning Software 334

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 334

Logistics Viewpoints

OCTOBER 17, 2022

Concurrent planning is the process of making and managing unified plans across multiple time horizons, business processes and organizational boundaries at the same time. But these solutions require going into production planning systems or inventory systems to “optimize” those functional areas. You can read about these solutions HERE.

Supply Chain Planning Software 325

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Optimization 325

Supply Chain Shaman

JULY 29, 2013

We have been taught, as supply chain leaders, that over the last decade supply chain processes have improved costs, shortened cycle times, improved customer service and decreased inventory. Based on our recent research, we find that only 1% of process-based companies are making progress on both operating margins and inventory.

Supply Chain Planning Software 350

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 350

Logistics Viewpoints

JUNE 21, 2023

In fact, pressures are very similar with warehouse labor cost inflation, labor shortages, and inventory shortages at the top of the “concerns” list. Additionally, many organizations are also planning to source materials from suppliers in closer proximity and to hold greater inventory to assure short lead times and high inventory availability.

Supply Chain Planning Software 325

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 325

ModusLink Corporation

JANUARY 30, 2025

Effective demand planning also optimizes inventory levels, reducing costs associated with storage and carrying inventory. Strong supplier partnerships lead to better collaboration, faster response times, and improved risk management. ModusLinks inventory management solutions help businesses streamline this process.

Sourcing Strategies 78

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 78

SCMDOJO

DECEMBER 29, 2024

However, it covers key differences between purchasing and procurement, explores common contract types, and emphasizes the importance of strategic sourcing, supplier relationships, and risk management. However, liquidation involves selling excess or unwanted inventory to convert it into cash.

Negotiating Skills 85

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 85

SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. There are ways to manage a supply chain amid disruptions but they require changes in the way the business works.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

Supply Chain Shaman

JUNE 9, 2023

A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. A manufacturing company’s safety stock is 30-40% of the total inventory requirement. The form and function of inventory need to be addressed holistically, and this requires much, much more analysis than probabilistic forecasting. The reason?

Optimal Sourcing 363

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 363