ToolsGroup

JULY 19, 2023

Unfortunately, despite the manifold benefits of a true digital twin, creating one that reflects an accurate, up-to-date status of your supply chain has been near-impossible – until now. With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

A McKinsey’s report published in 2022 indicates that 32 per cent of people from industries like automotive, consumer goods, and pharmaceutical find demand variability and forecasting responsible for value chain disruptions. Flexibility for Resilient and Optimised Logistics and Supply Chain. billion by 2025.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. Inventory is one of the most important assets of any company, as it’s the basis for generating revenue.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Matters

DECEMBER 6, 2023

The report specifically indicates : “ November’s dip was largely triggered by a decline in Inventory Levels (-9.1) which is attributable to Q4 holiday sales and the subsequent dips in Warehousing Capacity (+3.6) and Transportation Capacity (+5.2) and slowdown in Warehousing Utilization (-14.0)

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Logistics Scenario Planning 52

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Supply chain KPIs are crucial for optimizing processes, minimizing costs, improving customer service, and enhancing overall supply chain performance.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

ToolsGroup

JUNE 11, 2020

This made SKF unwieldy, unable to react quickly enough to changes and limited its possibilities to further develop its supply chain performance. Digital transformation enables automated supply chain planning. 2 How did SKF achieve Gartner Supply Chainnovator status?

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

BlueYonder

FEBRUARY 23, 2023

We have to ensure that we are not building up inventory to service the customers. Sunil: Companies have built up inventory as a result. Over the past several months, inventory has almost doubled for many manufacturers. What are other capabilities that will accelerate the improvements in supply chain performance?

Manufacturing Procurement 76

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 76

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

SYSPRO Smarter ERP

APRIL 24, 2023

This process involves multiple stages, including receiving the order, getting parts and materials, manufacturing or assembling the items, picking and packing in the warehouse, shipping, and tracking the shipment to ensure successful delivery. With accurate inventory data, businesses can avoid stockouts, and reduce the costs of overstocking.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Logistics Bureau

MAY 4, 2016

Shortcomings of Traditional Performance Measures. A minimal set of metrics that is adapted to a supply chain might include: Service metrics for measuring how well customer needs are met. Inventory metrics, because of the significant impact inventory often has on performance.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 40

IQMS

SEPTEMBER 6, 2018

Bottom Line: It’s time to transition the role of warehouses from cost centers to revenue centers that support new digitally enabled supply chains and business models that require greater accuracy, speed, and scale than ever before. A Warehouse Management System is the tool that can make that happen.

Supply Chain Planning Software 41

Supply Chain Planning Software Modeling Software Analytics Software Inventory Management Software 41

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

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

Logistics Bureau

JANUARY 21, 2018

Here are my top 10 tips to boost your Supply Chain performance towards Best in Class. OK, why do so many organisations struggle with the same old Supply Chain Challenges? I’ve compiled a hit list of my top 10 focus areas that will help you boost your Supply Chain performance and that of your teams.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Software Resource Reduction 40

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Supply Chain Matters

MARCH 7, 2023

GSPI Index Returns to Normalcy The Federal Reserve Bank of New York’s Global Supply Chain Pressures Index (GSPI) compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. The Transportation Prices index reported a value of 36.1

Supply Chain Software 52

Supply Chain Software Supply Chain Cost Reduction Strategies Inventory Reduction 52

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. Ocean Transport. This report provides a snapshot of the U.S. Specific Highlights.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Zipline Logistics

APRIL 20, 2020

Controlling costs in the supply chain is an excellent way for businesses in any sector to find increased profitability, but it is especially true for food ingredient shippers. An effective supply chain strategy that controls costs is crucial because margins for ingredient manufacturers are typically thin.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software Supply Chain Design Software 52

Logility

AUGUST 25, 2020

in inventory write-down and 20% drop in stock value. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Their supply chains must be flexible and responsive to customer and market needs. Supply chain cost per unit sold. Best for Type.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Supply Chain Matters

MARCH 6, 2024

Supply Chain Matters provides highlights and added perspectives to U.S. retailer Target’s recent reporting of Q4 and Fiscal 2024 financial and operational performance. billion, reflective of lower merchandise markdowns and lower inventory, supply chain, and digital fulfillment costs. percent to $5.7

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

DynaSys

OCTOBER 7, 2021

End-to-end visibility of supply chain performance across multiple functions and disciplines reveals previously unseen trends and drives better decisions. Advanced Analytics dashboards and scorecards provide this insight, elevating supply chain priority to C-level decision-makers. Sourcing and supplier performance.

Analytics Software 52

Analytics Software Supply Chain Planning Software Analytics Supply Chain Design Software 52

Unleashed

APRIL 9, 2024

It measures inventory availability and the ability to meet customer orders as they come in. Inventory management A business with a healthy OTIF score is more likely to manage its inventory well and avoid overstocking or stockouts. This results in increased holding costs and a greater risk of inventory obsolescence.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Enterra Insights

OCTOBER 11, 2022

Even during so-called “normal” times, supply chain planning can be difficult. The stark truth is that planning and optimizations are done in many departments within a business, such as supply, manufacturing, distribution, warehouse, transportation, budget, labor, and so on. ” • Manage inventory.

S&OP 130

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Planning 130

RFgen

OCTOBER 7, 2015

The basic four types of inventory can be tracked seamlessly with mobile barcoding and data collection for ERP. Inventory management software helps you track materials in the supply chain. Warehouse managers must also determine the inventory staff should pick and when merchandise is ready for distribution.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Inventory Demand Planning Software 52

RFgen

OCTOBER 7, 2015

The basic four types of inventory can be tracked seamlessly with mobile barcoding and data collection for ERP. Inventory management software helps you track materials in the supply chain. Warehouse managers must also determine the inventory staff should pick and when merchandise is ready for distribution.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Inventory Demand Planning Software 52

Zipline Logistics

JANUARY 26, 2021

Pragmatic analysis can uncover opportunities to make improvements that can help control inventory and manage costs. By having enhanced insight into crucial logistics processes, healthcare shippers can increase efficiencies, reduce cost, shorten time to market, and improve inventory management. Increase Communication with Partners .

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 52

Supply Chain Matters

AUGUST 8, 2022

According to the July 2022 Global Supply Chain Pressure Index (GSPI) , compiled and published by the Federal Reserve Bank of New York , overall pressures reportedly declined once again in July. Warehousing and Inventory metrics continue to buoy the logistics sector. Additional Supply Chain Matters Perspectives.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He graduated from the Cambridge Academy of Transport and the Chilean and German Commerce Institute with a degree in maritime transport, respectively.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Let’s think back on demand forecasting and warehousing management.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Supply Chain Shaman

FEBRUARY 23, 2017

For this case study we interviewed Ralf Busche, Senior Vice President of Global Supply Chain Strategy and Performance. He is an industrial engineer with a diploma in transportation and logistics from the University of Applied Sciences in Bremerhaven. Inventory Turns. Supply Chains to Admire Finalists.

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

ShipBob

AUGUST 24, 2023

Supply chain risk management refers to the strategic process of identifying, evaluating, and mitigating factors that could pose a risk to supply chains. These risks may be in the form of vulnerabilities, threats, and disruptions that could negatively impact supply chain performance.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing SCM 52

Supply Chain Action Blog

FEBRUARY 18, 2021

I’m sure there are a lot of ways to summarize a careful, comprehensive approach to inventory management. A ccess information and use it instead of inventory. This is perhaps the simplest, but yet most difficult aspect of careful, comprehensive inventory management. . A nticipate market requirements. A ccount for your actions.

Inventory Management Software 40

Inventory Management Software Inventory Management Inventory Reduction Inventory 40

BlueYonder

JUNE 1, 2023

This is Part 2 of the learnings and insights from the discussions with supply chain leaders and from additional sessions by Gartner analysts about new technologies that will be beneficial to long-term supply chain performance. He added that for some warehouse operations, the labor turnover can be as high as 60%.

Gartner 70

Gartner Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 70

ShipBob

FEBRUARY 26, 2024

Demand and supply management During the demand and supply management phase, you focus on planning your orders to ensure accurate and timely replenishments. and then planning your inventory orders accordingly. Analysis The analysis phase is where you look back at your supply chain process and evaluate its effectiveness.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Taulia

OCTOBER 20, 2021

While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency. Commonly used metrics include the following: Inventory turnover – the number of times a company’s inventory cycles on an annual basis. Calculated as cost of goods sold/average inventory.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

ShipBob

APRIL 26, 2023

In an ecommerce business, supply chain performance is one of the key factors affecting the performance of the business as a whole. If the supply chain isn’t moving as seamlessly as it should, it could cause disruptions further down the line, and even result in delivery delays and customer disappointment.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

Locus

APRIL 1, 2022

There is also the question of rising uncertainty caused by unpredictable events on supply chain performance. This makes robustness and flexibility for supply chains non-negotiable in today’s times. Locus’ network optimization solution streamlines supply chain performance of four key elements, namely: 1.

Network Design Software 52

Network Design Software Supply Chain Design Software Supply Chain Network Software Gartner 52

Locus

DECEMBER 7, 2021

They have started earmarking their investments for food supply chain networks since the pandemic. Presently, their major focus lies on local production, warehousing and strategic sourcing. Major supply chain risks in the Middle East. Transportation: Trade routes blockage – Congestion at ports.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52