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

ShipBob

JULY 18, 2022

As an ecommerce business, maintaining inventory is make or break for your brand. After all, having inventory on hand is important to keep operations running smoothly and to satisfy customers. But there are various considerations to keep in mind: Do I have enough inventory to meet demand? How can I overcome inventory loss?

Risk Management 52

Risk Management Inventory Reduction Inventory Management Software Inventory 52

Kinaxis

FEBRUARY 24, 2017

Interestingly enough, the first episode of Breaking Bad that aired in 2008 reflected what it was like being in supply chain risk management at the time: “Hey, a science teacher is cooking meth, how much worse could it get?”. Inventories were stranded as supply chains scrambled to understand the impact on their customers.

Supply Chain Risk Management 214

Supply Chain Risk Management Risk Management Agile and Lean Supply Chain Supply Chain 214

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 100

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 100

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

EMERGE App

DECEMBER 19, 2023

Inventory management is a tough task, especially when you’re starting out. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Best Inventory Management Books of All Time: 1.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Enterra Insights

JUNE 9, 2020

For years I’ve been writing about the importance of supply chain risk management and how it’s often given short shrift in business discussions. Today, ears are no longer deaf to the topic of supply chain risk management. Risk management. 3] Those dimensions are: 1. .

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Planning 100

Kinaxis

OCTOBER 1, 2014

by John Westerveld Reason #5: Not having a supply chain risk management process. Yet, a surprising number of companies (while they have traditional insurance) do not have a supply chain risk management “insurance” aka a supply chain risk management process.

Supply Chain Risk Management 255

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 255

Exiger Perspectives

APRIL 3, 2023

Why a Supply Chain Risk Management Framework is Needed A supply chain risk management framework is critical for risk identification and effective management of the inherent and imposed risks in today’s business environment.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

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

ModusLink Corporation

FEBRUARY 9, 2022

Inventory Management has always played a key part in any successful Supply Chain. Correctly managing inventory levels helps companies to swiftly adapt to unpredictable changes within the marketplace. Without adapting to the current demand, your winter jackets will become excess inventory overtime. Risk Management.

Inventory Management Software 78

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 78

Enterra Insights

APRIL 4, 2018

” Taken as a whole, the issues raised by Monahan and Gott are enough to keep any risk manager awake through the night. ”[2] Those risks are: 1. … CaaS will slowly but steadily put everyone — enterprises, SMBs, individual businessmen, and personal Internet users — at an equal level of risk exposure.”

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

EMERGE App

DECEMBER 19, 2023

Inventory management is a tough task, especially when you’re starting out. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Best Inventory Management Books of All Time: 1.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. Difficulty in valuing risk management. Coronavirus = new perspective on risk management in supply chains. Contact us today.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

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 303

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

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 239

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Network Software 239

ThroughPut

DECEMBER 1, 2023

With the unpredictable levels of demand fluctuations in today’s market, it’s crucial to effectively navigate the path to replenishment management in supply chains. What is Demand-driven Inventory Replenishment? Traditional systems maintain the water level (inventory) based on past rainfall data (historical demand).

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

Talking Logistics

JUNE 10, 2015

Over the past two years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping. See for example: Rethinking Supply Chain Risk Management. Doing Nothing on Supply Chain Risk Management. Many Companies Falling Short on Supply Chain Risk Management.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Strategy 100

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

MIT Supply Chain

AUGUST 21, 2014

The command center was activated within 24 hours of the incident, and the company’s supply chain team worked to identify which parts were affected, how much inventory was on hand, and what spot buys were necessary to plug gaps in supply. The first alarm kicks in at the factory floor level when inventory falls below a certain threshold.

Risk Management 84

Risk Management Supply Chain Risk Management Automotive Demand Planning Software 84

CH Robinson Transportfolio

MARCH 5, 2020

With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . The risk of delays and lost cargo are real. How should you estimate your cargo risks? Best practices for cargo risk management.

Risk Management 44

Risk Management Cargo Purchasing Training Transportation 44

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

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. BD, was using a supply chain risk management solution. They went on a search for a risk management solution that could allow them deeper visibility into their extended supply chain. Do I need more inventory?

Supply Chain Visibility 205

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 205

Supply Chain Shaman

SEPTEMBER 5, 2022

While many old-fashioned supply chain leaders speak of Risk Management and the need for Control Towers. 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.

Supply Chain Planning Software 235

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

DELMIA Quintiq

AUGUST 7, 2023

Enterprise risk planning: In a highly disruptive business environment, more effective risk management has become a necessity for companies. Real-time synchronization of multiple sub-assembly and material kitting operations for accurate inventory replenishment.

Material Savings 156

Material Savings Agile and Lean Supply Chain Manufacturing Procurement Inventory Reduction 156

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 161

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 161

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 234

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 234

Kinaxis

AUGUST 5, 2014

You have a supply chain risk management strategy in place. Many companies have accepted the need for Supply Chain Risk Management because they understand that just such a scenario could occur and if they are ready for it but their competitors are not, they have an opportunity to gain market share.

Inventory Reduction 267

Inventory Reduction Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 267

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 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Logistics Viewpoints

FEBRUARY 26, 2024

Cooper University Health Care Selects Interos Over the past 15 years, modern risk management platforms have evolved. Buying organizations use this technology to monitor and analyze supplier risk events in real-time. So instead, Cooper would get a call, “Oh, you’re not getting anything tomorrow. The pandemic changed that.

Supply Chain Planning Software 248

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 248

SCMDOJO

APRIL 22, 2024

Supply Chain Risk Management, or (SCRM for short), is an already expanding industry, and with artificial intelligence becoming more intelligent by the day, it’s going to be an integral part of any supply chain analysis. Businesses can go out of business overnight, so having separate suppliers for your inventory is never a bad idea.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

Supply Chain Matters

OCTOBER 12, 2022

The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP) , reported a September value of 61.4,

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Logistics Viewpoints

SEPTEMBER 26, 2022

So, if a recession appears likely, companies need to error on the side of a conservative forecast, be prepared to lay off workers sooner rather than later, and start drawing down their safety stock inventory. Many companies work to conserve cash by paying their vendors more slowly. Rising unemployment appears to be inevitable.

Vendor Strategies 204

Vendor Strategies Forecasting Long Beach Supply Chain 204

Supply Chain Matters

JUNE 17, 2022

Inventory Management Assessment- Samsung Electronics. We noted in our editorial likely needs for comprehensive inventory management assessments especially given the risk of higher working capital costs are a result of higher interest rates. Samsung ’s inventory balances reportedly reached the equivalent of $36.9

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Supply Chain Shaman

AUGUST 11, 2015

Historically, the risk management focus was to reduce insurance costs. Global supply chain leaders understand that designing and implementing a robust risk management practices are essential and fundamental to running the business. What is Risk Management? Focus on Multi-Tier Inventory Management.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 150