95% of FMCG retailers say inventory optimisation is top priority for 2021

Manufacturing & Logistics IT

Symphony RetailAI, the provider of integrated AI-enabled marketing, merchandising and supply chain solutions for FMCG retailers and manufacturers, has announced findings from its Category Planning & Assortment Optimisation Executive Survey, conducted in partnership with Incisiv.

Nespresso Optimizes Orders and Inventory with End-to-End Digital Supply Chain Planning

ToolsGroup

Nespresso’s complex coffee supply chain. It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels.

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Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

Thirty-one months of supply chain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. Supply Chain Performance over the Period of March 2020 to July 2022.

Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question.

The 2023 Supply Chain Crystal Ball: Challenges and Solutions

Speaker: Olivia Montgomery, Associate Principal Supply Chain Analyst

Curious to know how your peers are navigating ongoing disruption? In this webinar, you’ll gain actionable insights from Olivia Montgomery as she walks us through Capterra’s extensive research on how businesses - notably small and midsize businesses - are addressing supply chain challenges in 2023.

The Saga of Supply Chain Innovation

Supply Chain Shaman

As supply chain leaders face heightened demand uncertainty and extreme supply chain disruption, the answer is not going to come from Silcon Valley. What Does This Mean for Supply Chain Technology? What Does This Mean for Supply Chain Leaders?

Supply Chain Inventory Optimization – Beyond the Analytics

GlobalTranz

While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. With 7 percent of America’s gross domestic product (GDP) tied up in inventory, reports the 21 st Century Supply Chain Blog , your organization must go beyond the analytics and understand the broad impact of analytics in your company. Supply Chain Warehous

Changing Winds in Supply Chain

Supply Chain Shaman

“When will the impact of the pandemic on the supply chain be over?” The building of the global supply chain over the last seven decades evolved based on three assumptions: Number 1. Shippers pushed cost and waste backward in the supply chain.

Dealing With The Supply Chain Gloppy Mess

Supply Chain Shaman

For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Pre-pandemic only 30% of supply chain leaders were satisfied with their supply chains, and during the pandemic, business leader satisfaction is falling precipitously.

Supply Chain Leaders, Chained to Tradition, Face the Whip

Supply Chain Shaman

Life for the supply chain leader is more complex. The future inventory fire sale. We are living in a world of rich supply chain case studies. Each day, the Wall Street Journal features a supply chain failure as front-page news.

5 Powerful Prescriptive Analytics Examples in Supply Chain

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Read about 5 use cases.

Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Is supply chain inventory the problem?

Inventory management in the aerospace supply chain

IT Supply Chain

The post Inventory management in the aerospace supply chain appeared first on IT Supply Chain. By Brian Vince (pictured). Group Quality Manager, TFC. Industry Talk

Here’s How to Measure Inventory Health

ToolsGroup

Looking for a relatively quick way to measure inventory health? “It Even though we’re talking about inventory, we first have to understand customer buying behavior—and how that then translates into inventory requirements.”

[PODCAST] Inventory Forecasting Lessons for Improved Supply Chain Network Optimization

GlobalTranz

Listen to “Inventory Forecasting Lessons for Improved Supply Chain Network Optimization” on Spreaker. The post [PODCAST] Inventory Forecasting Lessons for Improved Supply Chain Network Optimization appeared first on Transportation Management Company | Cerasis.

Just In: Inventory Optimization Research

How are organizations performing on inventory optimization? How can new technologies help your team improve? Find out in this new research report.

Inventory Management: We Can Do Better

Supply Chain Shaman

In my day-to-day work in supply chain management, I find more encounter more opinions than facts. …most discussions are fueled by over-zealous and self-serving marketing programs. Downsizing inventories over the past decade crippled the response.” Supply Management.

Changing Winds in Supply Chain

Supply Chain Shaman

“When will the impact of the pandemic on the supply chain be over?” The building of the global supply chain over the last seven decades evolved based on three assumptions: Number 1. Shippers pushed cost and waste backward in the supply chain.

Five Reflections From Supply Chain Planning Benchmarking

Supply Chain Shaman

In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. . When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. Figure 1: Supply Chain Planning Benchmarking Methodology Overview.

My Lessons in Interviewing Supply Chains to Admire Award Winners

Supply Chain Shaman

In business conversations, the term supply chain excellence rolls off the tongue frequently in meetings, but what does it mean? Supply chain excellence is harder to define than to say. We aim to move companies from a cost-based agenda to drive value in their supply chains.

Enabling Assurance of Supply in the Global Marketplace

Speaker: Adrian Gonzalez, Tom Nightingale, and Martin Verwijmeren

Watch this insightful conversation about enabling assurance of supply in the global marketplace to better balance inventory and control costs.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile.

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

We stubbed our toe in supply chain management at the beginning of the decade. Facing The Issues of Supply Chain Performance. As I work through this year’s Supply Chains to Admire , I cannot help but shake my head. Rise in Inventories.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.

Amazon’s AWS Supply Chain Joins the B2B Supply Chain Platform Race

Supply Chain Matters

Supply Chain Matters This Week in Supply Chain Tech highlights yet another Cloud based B2B supply chain control layer platform announcement, this time from Amazon’s AWS Cloud computing division. Broader Supply Chain Tech Landscape Implications.

Digital Transformation: Why You Can’t Afford to Wait

This playbook offers manufacturers a realistic and viable guide to balancing immediate needs with future-focused strategy.

Network Supply Chain Transformation at UScellular

Logistics Viewpoints

The Association for Supply Chain Management ( ASCM ) hosted its annual conference, ASCM CONNECT , on September 18 – 20 in Chicago. As such, I assumed that supply chain wasn’t a core competency. Network Supply Chain Restructure.

ToolsGroup Named a Leader in Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization

ToolsGroup

BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. ToolsGroup is proud to be recognized by Quadrant Solutions as a leader in inventory optimization,” said ToolsGroup CEO Inna Kuznetsova. for Global Supply Chain Inventory Optimization, 2022.

Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Megatrends Shaping Supply Chain Innovation. While the COVID-19 pandemic woke up supply chains around the world, the ripple effects continue to disrupt in both size and scope. How are supply chains planning for further disruption and uncertainty?

Wanted: Supply Chain Architects!

Supply Chain Shaman

Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. I knew nothing about the world of logistics, inventory management and order optimization. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed.

Key Questions for a Successful Distribution Network

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

If we're going to offer the speed of shipping and variety of inventory that today's customers have come to expect, there are a lot of different questions that need to be asked. How to gain end-to-end visibility into any causes of delay in your global supply chain.

Peloton’s Supply Chain Strategy Turnabout

Supply Chain Matters

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles.

7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. 7 practical strategies to minimize risk and manage supply chain shortages.

2022 Supply Chain Predictions

Logistics Viewpoints

ARC analysts have published predictions about supply chain technology trends at the beginning of the year in past years. Supply Chain Disruptions Will Diminish, but Remain Substantial. Inflation Will Hinder Supply Chain Resiliency, Supply Diversification Efforts.

Further down the Inventory Improvement Path: Optimising Your Inventory

CHAINalytics

This blog post is the second in Chainalytics’ Integrated Demand and Supply Planning practice three-part series on improving inventory. This post will cover optimising your inventory to drive accessibility of working capital and improvements in customer service levels.

Just in Time vs. Just in Case: What’s the Way Forward for Supply Chains?

Just-in-time supply chains worked just fine — until they didn’t. Is more inventory the answer? It’s not a binary solution. Read this latest GEP paper to learn how enterprises can ensure adequate supplies without running excess inventory.

Inventory Management & Supply Chain Responsiveness

ModusLink Corporation

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. Storing these jackets/tending to them and selling excess inventory etc.,

Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. There are many pieces of the modern manufacturing supply chain. Five more inventory optimization segments.

Transforming Global Supply Chains

Enterra Insights

Many pundits insist that anyone who believes the global supply chain is going to return to normal is suffering from this form of insanity. ”[1] Noted supply chain expert Lora Cecere ( @lcecere ), founder of Supply Chain Insights, put it another way.

Three Tips for Building an Agile CPG Supply Chain

ToolsGroup

But for this high SKU count industry where demand is as unpredictable as New England weather, the condition of many consumer goods supply chains is far from rosy. Anticipate Consumer Demand and Supply Chain Uncertainty with Probabilistic Planning.

How to Tackle Today's Most Complex Inventory Challenges

Speaker: Andrew Kurpiel - AmerCareRoyal | Bill Benton - GAINS | Paul Benhamou - Benco Dental

Join three supply chain experts as they share their best practices and effective strategies for facing today’s most complex inventory challenges.