ToolsGroup

JUNE 6, 2017

Source: 2017 Gartner Supply Chain Technology User Wants and Needs Study, Dwight Klappich. The annual Gartner Supply Chain Technology User Wants and Needs Study, now its tenth year, is one of this industry's most comprehensive studies of supply chain users. This year it included more than 473 people spanning the globe.

Gartner 200

Gartner Supply Chain Planning Software Study Agile and Lean Supply Chain 200

ToolsGroup

SEPTEMBER 29, 2022

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%. In July 2022, IHL and ToolsGroup surveyed U.S. consumer trust in retailers over the last two years as a result of out-of-stocks.

ToolsGroup 156

ToolsGroup Optimal Sourcing Study Groups 156

Supply Chain Shaman

JULY 31, 2024

In other studies, I am working with data scientists and statisticians to glean insights from over sixty quantitative research projects over the last decade. What is the role of make, source, and deliver? Define a proactive approach and the value/economies of scale of planning manufacturing/transportation and sourcing together.

Supply Chain Planning Software 413

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 413

Talking Logistics

MAY 6, 2019

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy. The Inventory Accuracy “Confidence Gap”.

Optimal Sourcing 162

Optimal Sourcing Real-time Visibility Inventory Logistics Network Optimization Software 162

Supply Chain Shaman

SEPTEMBER 9, 2014

Here we share the answers to the questions that we get the most often about this research: What is the source of data? Which companies were considered in the study? We placed them in the industry that they were the most like, e.g., the primary source of revenue. We built peer groups based on like industries.

Pharmaceutical 307

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 307

Talking Logistics

SEPTEMBER 24, 2018

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: Top 5 Inventory Insights ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada.

Real-time Visibility 177

Real-time Visibility Optimal Sourcing Inventory Logistics Network Optimization Software 177

Supply Chain Shaman

SEPTEMBER 30, 2014

Source Wikipedia. I have studied the building of collaborative processes and written about the shifts and highlighted where we are gaining value. Current State of Perpetual Inventory. Replenishment is fueled by an effective perpetual inventory signal. Collaborative relationships need a good signal for inventory.

Forecasting 353

Forecasting Optimal Sourcing Forecasting Software Supply Chain Network Software 353

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. These tools allow us to look at sell, source, make, and deliver together. Along the way, I will be doing more work on network design case studies.

Supply Chain Design Software 319

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 319

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 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

Supply Chain Shaman

APRIL 27, 2022

After two decades of study, I think because it is a lack of understanding. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. A Case Study. Business leaders are action-oriented and competitive. The reason? Let’s take P&G as an example.

Procurement Analytics 369

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 369

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. We like the metrics of growth, on-time and in-full orders, operating margin, inventory turns, and Return on Invested Capital (ROIC).

Supply Chain Planning Software 377

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 377

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). However, localized sourcing shortened leadtimes and improve responsiveness.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

ToolsGroup

JUNE 17, 2021

In a recent digital transformation in supply chain planning study conducted by CSCMP and ToolsGroup, 45% of respondents said the pandemic caused supplier instability/shifts and 30% were struggling with staffing shortages/reduced productivity, while 45% indicated demand for their products and services had increased at the same time.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

Supply Chain Shaman

MAY 21, 2024

In 2016, we finished a study on continuous improvement. In the study, when we asked for the top elements of business pain to drive continuous improvement for companies greater than 5B$ in annual revenue, as shown in Figure 1, we found the largest issues with cross-functional alignment and availability of talent.

Procurement Analytics 393

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 393

Logistics Viewpoints

FEBRUARY 28, 2023

It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed. Numerous supply chain disruptions affected the ability to get inventory in time – or at all – and now that the backlog caught up, many organizations are experiencing a surplus of inventory.

Optimal Sourcing 278

Optimal Sourcing Sourcing Strategies Inventory Reduction Vendor Strategies 278

Supply Chain Shaman

NOVEMBER 9, 2014

The team was organized around the functional silos of source, make and deliver. “I study supply chains. In our work, we tie research from quantitative and qualitative studies to financial results to drive new insights. I also believed that this company would have the best inventory and customer service. I was wrong.

Manufacturing Procurement 318

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 318

Supply Chain Shaman

JUNE 6, 2013

In research study after study, we see that the greatest challenge to achieving supply chain excellence is the understanding of the supply chain by the leadership team. It combines decisions across sell, deliver, make and source processes to drive value based outcomes. This includes optimization and discrete event simulation.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 330

ToolsGroup

FEBRUARY 12, 2025

A recent study by McKinsey emphasizes that incorporating variability and uncertainty into forecasting models is crucial for navigating a rapidly evolving business landscape. Identify and prioritize sources of uncertainty and variability in your supply chain and use this data to improve your planning and decision-making.

Optimal Sourcing 156

Optimal Sourcing Modeling Forecasting Supply and Demand 156

Supply Chain Shaman

MAY 26, 2023

In a recent study, roughly 1/3 of respondents were familiar or very familiar with the concepts of the Graph Approach. Or a unified data model across source, make, and deliver for planning? The greatest value in the network is making effective trade-offs between source, make, and deliver. Why is this needed? Why is this needed?

Optimal Sourcing 369

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 369

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. In another example, Narvar’s study on “keep the item” returns demonstrates that: 65% of people appreciate that returnless refunds save them time and money. 40% would be more likely to recommend the retailer to others.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Shaman

SEPTEMBER 24, 2017

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. While the practices of finance are over 200 years old, in contrast, supply chain as a cross-functional practice (the combination of make, source and deliver) was recently defined in 1982. Is talent a cost or an asset?

Cost Reduction Strategies 262

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 262

Supply Chain Shaman

JUNE 3, 2024

My 67 quantitative studies over the past decade do not support the value. Outside-in Planning Taxonomy When testing planning effectiveness through Forecast Value-Added Analysis (FVA), Inventory Health, or Schedule Adherence, I find that for most clients that I work with, that their plans lack both feasibility and reliability.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 369

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. It’s been a tough couple of years.

Sourcing Strategies 194

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

Supply Chain Shaman

OCTOBER 12, 2017

I would encourage the reader to study both: The Good the Bad and the Ugly of DDMRP from Stefan de Kok from ToolsGroup. He is a great thinker on inventory planning and demand management.I While the promise of real-time inventory data from RFID still looms large as an ideal state for the industry, it has not been practical.

Supply Chain Planning Software 375

Supply Chain Planning Software Forecasting Software Demand Planning Software Modeling Software 375

ToolsGroup

APRIL 13, 2020

If you do the math there, you have to make 748,000 inventory decisions per month. So our main task now is to consolidate all the purchase and inventory decisions in one team. We had to transfer and move inventories from one place to another, trying to save them as much as possible. Decisions were made within 24 hours.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Optimization 296

Supply Chain Shaman

DECEMBER 17, 2018

They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. Over this period of 2013-2014 Shell made good progress on inventory, but faced unprecedented supply price volatility. The implementation was very successful. Planting the Seeds.

Demand Planning Software 322

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 322

ToolsGroup

SEPTEMBER 25, 2019

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. BOSTON, Mass. and HOUSTON, Tex.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Optimal Sourcing 136

Logistics Viewpoints

APRIL 14, 2022

Supplier problems will cause a cascade of problems up and down the value stream, leading to supply order delays that cause inventory shortages, production disruptions, missed shipments and lost revenue. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 289

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 289

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. He felt that inventory was no problem, he would just cut it at the end of each quarter to make the balance sheet goals.

Agile and Lean Supply Chain 362

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 362

Bristlecone

JANUARY 8, 2025

AI/ML algorithms analyze data to provide actionable recommendations, such as increasing production capacity, reallocating inventory, reducing prices, or switching suppliers and 3PL service providers. The business carried too much inventory about $6 B, which led to much waste through product obsolescence.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 98

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

Logility

FEBRUARY 13, 2020

Studies have shown that, on average, demand sensing reduces forecast error by up to 50%, increases inventory accuracy by up to 20% and optimally deploys downstream inventory. Here are some examples of appropriate data sources for building a better short term, demand-sensitive forecast: Internal sources.

Supply and Demand 175

Supply and Demand Optimal Sourcing Forecasting Inventory Reduction 175

Supply Chain Shaman

JULY 22, 2019

History will also include case studies of mergers and acquisitions. The study of improvement and performance for the 535 companies in 26 industries took two months. The source data for the analysis comes from Ycharts.). It is not as simple as trading-off inventory, cost, and customer service. Celebrating Success.

Supply Chain Design Software 304

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 304

Logistics Viewpoints

JUNE 29, 2023

It directly affects the bottom line, making it crucial to manage effectively. Here is a summary of the key supply chain characteristics of each of the manufacturing strategy and how it impacts collaboration with suppliers.

Manufacturing Procurement 275

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 275

Logistics Viewpoints

APRIL 15, 2021

Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model. At SodaStream, which provides 1.5

Agile and Lean Supply Chain 290

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Planning 290

ToolsGroup

JANUARY 13, 2021

We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. Supply chains will get more regional and focus more on alternate sourcing/ substitution options. Companies will also look to shorten and localize supply chains.

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

Logistics Viewpoints

FEBRUARY 23, 2023

A McKinsey study found that 90% of supply chain leaders expected to transform their planning systems. Supply chains are systems, and the current retail inventory glut is the classic illustration of the bullwhip effect in action, the consequence of cascaded planning in silos.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Analytics Software Supply Chain Software 288