Supply Chain Shaman

MARCH 21, 2024

In my forty years of studying supply chain planning, the groups became larger, but with questionable results. We explore the concept of holistic inventory strategies focused on the form and function of inventory. The shift from Inside-out to Outside-in is impossible using a crawl, walk, and run strategy.

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory Reduction 84

Inventory Reduction Analysis Material Savings Optimal Sourcing 84

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? While this strategy appears to be a viable solution, as there will be some shortening of supply chains moving forward, it is not realistic to expect that a vast global supply chain network will not continue to exist.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

ivalua

APRIL 9, 2021

8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. Inaccurate data leads to inventory management challenges. Download the full study *.

Inventory Reduction 130

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Optimal Sourcing 130

ThroughPut

MARCH 27, 2024

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Besides, AI is helping retailers optimize inventory, warehouse and pricing. It can also suggest alternate routes and strategies to retailers to maintain uninterrupted and smooth operations.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

ivalua

APRIL 8, 2021

8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. Inaccurate data leads to inventory management challenges.

Inventory Reduction 130

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Optimal Sourcing 130

Supply Chain Shaman

SEPTEMBER 20, 2015

When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy? SanDisk’s Journey to Build a Supply Chain Customer Segmentation Strategy. It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

ToolsGroup

MARCH 28, 2024

Pace first saw the value of the ToolsGroup solutions at the time when he was CEO of PittaRosso, another large Italian retailer of shoes, an experience which has eventually been published as a Harvard Business School case study. increase in sell-through, alongside improved inventory efficiency, contributing to a €4.2

Italy 156

Italy ToolsGroup Inventory Reduction Price Reduction 156

ToolsGroup

MAY 12, 2021

BOSTON, May 12, 2021 – A new study by ToolsGroup, a global leader in supply chain planning software , and the Council of Supply Chain Management Professionals ( CSCMP ) has found that only 3% of companies experienced no COVID-related business impact, and 42% of organizations say the pandemic has accelerated their digitization plans.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 156

Procurement Academy

MARCH 2, 2023

Competencies included risk management, supplier relationship management, contract management, negotiation, and strategy. After implementing several new procurement processes, Group Director Purchasing, Nicolas Robardet, identified a number of competencies which required development within the team.

Case Study 52

Case Study Purchasing Training Negotiating Skills Study 52

ThroughPut

MARCH 28, 2024

As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! Detection of nutritional constituents and allergens in food, optimizing routes and schedules of food delivery, and inventory management are some of the other ways AI is helping the food production industry. billion in 2024.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Unleashed

MAY 15, 2023

Wholesalers and manufacturers need effective B2B strategies to sustain business growth and beat the competition. From targeted email campaigns to inventory management integrations, we’ll outline how you can develop strong B2B CRM strategies to improve business performance and achieve predictable growth.

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

ThroughPut

DECEMBER 1, 2023

What is Demand-driven Inventory Replenishment? Demand-driven replenishment is a strategic approach to inventory management that prioritizes aligning inventory levels with actual customer demand rather than relying solely on historical data or forecasts. Why Use Demand-driven Inventory Replenishment?

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

Supply Chain Opz

JUNE 1, 2014

Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

ToolsGroup

SEPTEMBER 25, 2019

New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . And there’s no time to lose–the time is now to execute on a strategy before opportunity and competitive advantage is lost.”. PRESS RELEASE. BOSTON, Mass.

Supply Chain Planning Software 136

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

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

RFgen

MAY 2, 2019

The importance is based on companies’ needs in the chemical supply chain – from suppliers to downstream customers – to reduce inventory. A survey by LogiChem reported that 70% of the 200 supply chain executives surveyed said reducing inventory is their top priority.

Inventory Reduction 52

Inventory Reduction Chemicals Supply Chain Software Waste Reduction 52

RFgen

MAY 2, 2019

The importance is based on companies’ needs in the chemical supply chain – from suppliers to downstream customers – to reduce inventory. A survey by LogiChem reported that 70% of the 200 supply chain executives surveyed said reducing inventory is their top priority.

Inventory Reduction 52

Inventory Reduction Chemicals Supply Chain Software Waste Reduction 52

Logistics Viewpoints

NOVEMBER 20, 2023

Rather than just offering consumers the choice of buying online or buying in the store, a retail omnichannel strategy involves a lot more paths to fulfill an order or to process a return. Omnichannel Order Management Systems are Complex For retailers, implementing a sound omnichannel strategy can be difficult.

Omnichannel 226

Omnichannel Retail Cost Reduction Strategies Expense Reduction 226

ToolsGroup

SEPTEMBER 26, 2023

Fabrizio Fantini, Founder and CEO of Evo commented, “Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations. Resources Learn more about this exciting partnership HERE.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

Supply Chain Shaman

DECEMBER 7, 2022

” I don’t have the answers, but I am actively studying the market to help business leaders figure out the questions they should ask to drive performance improvements. Based on my research, I write about four strategies that drove value over the last decade. Which strategy drove the most significant value??”

Inventory Reduction 53

Inventory Reduction Material Savings Supply Chain Strategy Price Mitigation Strategies 53

Logistics Viewpoints

DECEMBER 11, 2023

My colleague Clint Reiser has completed a study on warehouse management system (WMS) boutiques. We are teaming up to bring you the coolest supply chain boutiques, listed alphabetically, that we identified through those studies. I’ve completed research on supply chain planning (SCP) boutiques. What is a boutique?

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 243

Supply Chain Shaman

APRIL 9, 2021

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Despite spending 1.1% Alignment Barriers.

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

RFgen

JUNE 22, 2023

Unlocking the synergy between consulting services, ERP systems, and inventory management is the key to creating a powerhouse of efficiency. This can range from advising on strategies for enhancing an ERP platform to methods of streamlining stock control. Together, consulting and inventory management improve efficiency.

Inventory Management Software 72

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 72

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Dr Shereen Nassar – Global Director of Logistics Studies and Supply Chain Management Programmes Heriot-Watt University Dubai. Therefore, a strategy for resilience is necessary to meet the changing demands of consumers and ensure sustainable growth. Digitisation for Optimised Capacity and Inventory Buffers.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Software Predictive Analytics 246

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. The focus is on channel data: price; inventory positions; and policies. Channel Sensing.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Unleashed

MAY 30, 2023

Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. What is anticipation inventory? Anticipation inventory can be described as the inventory which is purchased in anticipation of expected increases in demand.

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

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

Talking Logistics

APRIL 16, 2015

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions. Where and in What Form Should Inventory Be Held?

Inventory Reduction 100

Inventory Reduction Material Savings Cost Reduction Strategies Price Mitigation Strategies 100

BlueYonder

APRIL 18, 2024

Consumers need real-time visibility to inventory. Legacy Systems Are Out, Advanced Technology Is In It’s clear from the study that retail executives view advanced technology adoption as a key enabler of their success in today’s fast-moving, highly competitive omni-channel landscape. How are retailers addressing these challenges?

Supply Chain Planning Software 85

Supply Chain Planning Software Forecasting Software Modeling Software Demand Planning Software 85

Logistics Viewpoints

JUNE 29, 2023

Configure to Order: This strategy involves customizing standard products based on customer specifications. Here is a summary of the key supply chain characteristics of each of the manufacturing strategy and how it impacts collaboration with suppliers. It directly affects the bottom line, making it crucial to manage effectively.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

ToolsGroup

DECEMBER 11, 2023

The study provides competitive analysis and ranking of the leading IRP&PO vendors in the form of its SPARK Matrix. According to Fabrizio Fantini, VP Product Strategy at ToolsGroup and founder at Evo, “This recognition reflects our continued momentum in developing sophisticated retail solutions that drive real-world results.

ToolsGroup 156

ToolsGroup Price Reduction Optimization Software Modeling 156

ToolsGroup

MAY 17, 2016

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost.

Optimization Software 180

Optimization Software Omnichannel Inventory Reduction Supply Chain Optimization 180

Supply Chain Shaman

AUGUST 11, 2014

We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement. Resiliency is the tightness of the pattern, or the reliability of operating margin and inventory turns results.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286