Survey Shows Supply Chain Decision-Makers Prioritize Inventory Turnover
Supply Chain Brain
MARCH 26, 2024
77% of of supply chain professionals said they prioritize inventory turnover, while 57% highlighted the need for forecast accuracy.
Survey Reveals an Inflection Point in Supply Chain Digital Transformation
ToolsGroup
MAY 17, 2021
The Council for Supply Chain Management Professionals (CSCMP) and ToolsGroup surveyed more than 200 supply chain professionals around the world on the state of supply chain digital transformation in planning. This blog post highlights some of the key findings. The Race to a More Profitable and Resilient Supply Chain.
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Beware the Swinging Pendulum on Supply Chain Inventory Practices
Logistics Viewpoints
FEBRUARY 3, 2022
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. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?
ToolsGroup-IHL Group 2022 Retail Inventory Study Shows Diminishing Customer Loyalty Due to Out-of-Stock Concerns
ToolsGroup
SEPTEMBER 29, 2022
Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. In July 2022, IHL and ToolsGroup surveyed U.S. The survey report: How Retailers Win Customer Loyalty in an Omnichannel World tracks the change in U.S. Retailers can counter a staggering $1.9
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Revolutionize Your Supply Chain With Cognitive Demand Planning: Insights From 2023 Survey
BlueYonder
DECEMBER 4, 2023
A recent survey of demand planners’ concerns and day-to-day experiences sheds light on the challenges faced by planning teams today and highlights the pressing need for innovative solutions to solve for them. According to the survey, 60% of respondents shared concerns about overworked, stressed-out planners.
Survey Results: Strategies for Inventory Optimization
E2open
AUGUST 10, 2018
Inventory management is a key contributor to the bottom line for every company with a supply chain. Clear visibility to all inventory in all locations eludes many companies, leading to inaccurate inventory forecasting and costly expedites, among other problems. Delivered.
The role of inventory management and inventory optimization in ERP
SYSPRO Smarter ERP
NOVEMBER 21, 2022
Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.
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The Inventory Accuracy “Confidence Gap”
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”.
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Survey: Campaign planning in steel and aluminum manufacturing
DELMIA Quintiq
MARCH 20, 2014
To keep a healthy inventory level, you don’t want to cast rare steel grades too frequently. The goal of campaign planning is to find the optimum balance between productivity, inventory and customer satisfaction. Take the survey. The results will be shared with you after the survey ends. Make sure you get counted!
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How manufacturers and distributors can improve inventory management
SYSPRO Smarter ERP
MAY 4, 2022
Complete halts result in backlogs and delays, which will impact warehouses and more importantly, their inventory management. Inventory takes many forms, ranging from raw materials to finished goods. Inventory exists because a buffer is needed to balance out the uncertainties between demand and supply. Survey findings.
Five Reasons Why Are We Not Making Progress on Inventory Management
Supply Chain Shaman
OCTOBER 4, 2018
At the session, we discussed why companies have not made more progress on inventory management. In the case of Apparel and Automotive industries there are slight improvements, but they have shifted inventories to suppliers. Days of Inventory Pre and Post-Recession. IT View of the Current State of Inventory. Five Reasons.
Supply Chain AI Strategy: Navigating Apparel Industry Complexities
Logility
JANUARY 12, 2024
Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. This approach is significant, especially considering a Deloitte survey that found 79% of companies with efficient supply chains see better revenue growth.
Black Friday/Cyber Monday Weekend: Three Takeaways From Our Latest Survey
BlueYonder
DECEMBER 1, 2022
6-8, among many others, in an effort to sell off their excess inventory. To help uncover the latest consumer trends from this weekend, Blue Yonder surveyed over 1,000 consumers who shopped during one of the five shopping days (Thursday, Nov. Amazon hosted its Prime Early Access Sale from Oct. 24-Monday, Nov.
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5 Key Takeaways from our 2021 Inventory Optimization Survey
AIMMS
APRIL 26, 2021
The post 5 Key Takeaways from our 2021 Inventory Optimization Survey appeared first on AIMMS.
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296 95% of FMCG retailers say inventory optimisation is top priority for 2021
Manufacturing & Logistics IT
FEBRUARY 5, 9620
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.
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Real Benefits of Artificially Intelligent (AI) Inventory Solutions
Clear Spider
MARCH 21, 2024
AI inventory solutions create more powerful and adaptive supply chains. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management. AI makes use of the endless stream of data collected through inventory management devices and cloud-based applications.
Shorter Trend Cycles: An Inventory Management Nightmare
Clear Spider
OCTOBER 10, 2023
In the fast-paced world of seasonal inventory, trend forecasting is crucial for success. Traditionally, companies built inventory management strategies around long-term forecasting and stable market conditions. If businesses are going to keep up, they’ll need to adopt new inventory management strategies.
2023 Mid-Year Check-In: Current Status of Supply Chains and What’s Next?
Logistics Viewpoints
JUNE 21, 2023
It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. This post was subsequently followed by two articles that discussed some of the findings from the survey. And they must be capable of adapting to various demands.
Self-Checkout Turns Customers into Employees and Employees into Security Guards
Enterra Insights
APRIL 2, 2024
”[3] All retailers, not just grocers, are suffering from inventory losses. Knowles reports, “The National Retail Federation estimates that retail shrinkage — the discrepancy between advertised inventory and actual stock on hand — represents an approximately $112 billion problem.
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What Does 2023 Have In-Store for Global Supply Chains? Resilience, Efficiency, Responsiveness, or Widespread Dysfunction?
Logistics Viewpoints
FEBRUARY 1, 2023
The Conference Board ( conference-board.org ), a well-known, global business membership organization, conducted its C-SUITE OUTLOOK survey in the fall of 2021. Its survey results showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs.
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2023 Supply Chain Priorities, Perceptions, and Initiatives – Preliminary Results
Logistics Viewpoints
FEBRUARY 15, 2023
Results from The Conference Board’s C-SUITE OUTLOOK survey showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs. Here are some preliminary survey results thus far. There are numerous indications that supply chain is more critical than ever.
Amazon Prime Day 2021 Consumer Survey: Four Trends From This Year’s Annual Shopping Event
BlueYonder
JULY 2, 2021
To help uncover the latest consumer trends for Amazon’s annual shopping event, Blue Yonder surveyed over 1,000 consumers who participated in Prime Day to explore the impact of out-of-stocks, competing retailer deal days and more. Ensuring front-end and back-end technologies can meet consumer needs from inventory to returns will be crucial.
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Top Takeaways from RFgen’s 2022 Digital Inventory Report
RFgen
SEPTEMBER 29, 2022
Supply chain professionals from diverse industries shared their current inventory management efforts, challenges, and future plans in our newly released annual Digital Inventory Report. Why Inventory Management Should Be Digital and Automated. Barcode scanning is only one type of digital inventory management tool available.
Survey Points to Little Signs of Traditional Peak Period Ocean Container Demand
Supply Chain Matters
JUNE 13, 2023
The Supply Chain Matters blog highlights a recent technology provider survey indicating that there appears to be little signs of traditional second-half peak period demand for container shipments. This survey was conducted in May among participants in the global freight forwarding community. All rights reserved.
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When SMBs Hit the Inventory Planning Complexity Wall
ToolsGroup
JUNE 21, 2016
Inventory planning is especially important to small-to-midsize businesses (SMBs). Nobody wants to tie up more working capital than necessary in inventory, but SMBs typically have leaner resources, and a higher cost of capital means it’s more expensive to fund excess stock. Yet for many SMBs, inventory complexity is getting worse.
Retailers Say Technology Is a Key Enabler of Omni-Channel Success
BlueYonder
APRIL 18, 2024
Consumers need real-time visibility to inventory. To answer that question, Blue Yonder recently commissioned Gatepoint Research to conduct a survey 1 of senior retail decision-makers. The survey asked participants about the specific shortcomings of their existing order management and commerce solutions.
Participation request for interesting Supply Chain surveys
Supply Chain Movement
FEBRUARY 3, 2014
Dear Supply Chain Professionals, There are several very interesting supply chain surveys open for participation at the moment (in Januaray and February, 2014). Vendor Managed Inventory (VMI): The value proposition these processes present. Thank you for participating in one or more of these excellent supply chain surveys.
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Inventory Optimization 101 – Smart & Effective Inventory Management
ThroughPut
OCTOBER 16, 2022
Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. INVENTORY STRATEGY.
COVID-19 Survey: Consumer Trends and Their Impact on Retail Supply Chains
BlueYonder
APRIL 7, 2020
To better understand the consumer perspective, Blue Yonder surveyed over 1,000 U.S. One-quarter of those both 45-60 (25%) and those 60+ (24%) said they prefer to use these services during the COVID-19 pandemic Compared to the 2019 survey, age had a much larger influence on adoption.
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Using Inventory Modeling to Develop a Holistic Inventory Strategy
Logistics Viewpoints
OCTOBER 8, 2015
Top supply chain officers across the industry were recently surveyed¹ on their biggest barriers to effective inventory management. It’s no wonder: often inventory placement decisions are made in a vacuum without considering the end-to-end supply chain impact.
Dancing in the Ring of Fire
Supply Chain Shaman
JUNE 30, 2023
As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet. Anne is a lean disciple and sees all inventory as Muda. She lacks the appreciation for the need for inventory as a buffer. I advised John to ask for help to improve inventory health.
2014 Merchandise Planning and Allocation Survey Results Revealed
Logility
NOVEMBER 20, 2014
Despite significant advancements in the technology to support omni-channel, adoption of transparent cross-channel inventory has yet to become a reality at most retailers. 69% of retailers maintain separate inventory across multiple channels. Download the Report: 2014 Merchandise Planning and Allocation Survey. Related Content.
Businesses Responding to High Inflation and Supply Chain Inventory Concerns
Supply Chain Matters
JUNE 17, 2022
A further data point to these notions can be found in a newly released C-Suite Outlook Mid-Year survey report, published by The Conference Board. This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe. cyberattacks.
Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility
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.
5 Inventory Management Tips for Manufacturing SMBs!
Supply Chain Game Changer
SEPTEMBER 15, 2021
Featuring Our 10 Best Inventory Management Articles! Inventory management is a holistic and logical methodology for handling both raw materials and finished products. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Subscribe Here!
Editor’s Choice: 5 Steps to Creating a Profitable Same-Day Fulfilment
Logistics Viewpoints
JUNE 16, 2022
According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. Step One: Right Inventory in the Right Location. To provide this service, inventory must be close to the customer therefore stores are fast becoming a key part of the digital experience.
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The Estimated impact of ChatGPT on Supply Chain Planning
Logility
SEPTEMBER 7, 2023
We surveyed 1425 registered attendees to understand their perceptions of the impact of ChatGPT on Supply Chain Planning. According to the survey, 79% of the respondents perceived a high or very high impact of ChatGPT on Supply Chain Planning. The combination of insight-based planning with ChatGPT will be very powerful.
Why Organizational Alignment is Critical to the Supply Chain Response
Supply Chain Shaman
MAY 15, 2023
Let me explain, if you fill out one of my surveys on LinkedIn, I share the research results in front of the paywall (I believe that supply chain research should be readily available and not locked behind a paywall.) (If I appreciate you as a reader and enjoy your comments. Over 28,000 readers read this blog. I give thanks.
Digital Transformation in Logistics
Logistics Viewpoints
APRIL 5, 2023
This survey-based research gathers quantitative data as well as information on practices or performance drivers. This report provides a cross-industry perspective on digital transformation in logistics including digital maturity in inventory management, transportation, fleet maintenance, safety and compliance, and more.
Participation request for interesting Supply Chain surveys
Supply Chain Movement
MAY 31, 2015
Dear Supply Chain Professionals, There are several very interesting supply chain surveys open for participation at the moment (in June 2015). In exchange for taking the survey, Supply Chain Insights will email you the final report, free of charge. The 3 open surveys by Supply Chain Insights are: 1) Voice of the Supply Chain Leader.
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Navigating Uncharted Waters: Out of the Fort and Into the Moat
Freightos
JUNE 6, 2023
The following data is from a survey we conducted last month (May, 2023) across hundreds of small business importers who tap Freightos.com’s global freight marketplace. Businesses quickly began to notice a different beast: a significant decrease in consumer demand compounded by looming inventory excesses. The key takeaway?
Supply Chain Talent: Our Take on Deloitte’s Survey Report (part 1)
Demand Solutions
JUNE 26, 2015
It’s an excerpt from “Supply Chain Talent of the Future,” Deloitte’s report on their third annual supply chain survey. This year’s survey focused on the readiness of today’s workforces to deal with tomorrow’s supply chain challenges. Now, there are big differences in other areas of the survey results, too. Two metrics.
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Global Study Reveals 52% of Vital Digital Supply Chain Transformation Efforts Hamstrung by Skills and Labor Crunch
ToolsGroup
MAY 11, 2022
Leaders surveyed in third annual ToolsGroup and CSCMP report are “extremely concerned” about external supply chain threats but lack people to make transformation succeed. From January to March 2022, CSCMP and ToolsGroup surveyed more than 300 supply chain professionals around the world. About ToolsGroup.
Top 5 Ways Inventory Tracking Technology Is Evolving
GlobalTranz
OCTOBER 25, 2017
Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.
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