Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. Supply Chain Performance over the Period of March 2020 to July 2022. Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. My take away?

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Supply Chain Matters

AUGUST 8, 2022

The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . Global Supply Chain Pressure Index. This index was reported as 1.84

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

ToolsGroup

MARCH 7, 2023

The dynamic sourcing capability automatically smooths inventory targets day after day and ensures target service levels are achieved regardless of supplier constraints. Intelligent decision making at the speed of business transforms supply chain performance. For more information about SO99+, read our blog on the v8.60

Optimal Sourcing 156

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Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Timing was a further crucial factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs).

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

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. This report provides a snapshot of the U.S. For 2021, U.S. percent to $1.85

Logistics Network Optimization Software 52

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SCMDOJO

NOVEMBER 9, 2023

The primary goal of inventory control is to reduce the costs associated with holding stock. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production. Learn more about the topic on our Blog: How to Develop Inventory Management and Control Report 7.

Inventory Reduction 82

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Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. Customers are in control, and retailers who fail to accurately predict demand are doomed to fail.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. Efficient Supply Chain Practices: Automated Distribution Centers and Computerized Inventory Systems Automation is a key component of Walmart’s efficient supply chain practices.

Inventory Reduction 77

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 77

Clear Spider

OCTOBER 26, 2022

An emphasis on data-sharing between vendors and customers increases visibility and makes data analytics more powerful. As a result, vendors use better demand forecasting to meet inventory goals, while customers focus on improving other metrics like customer service and brand loyalty. The Problem with Sales Data. A Win-Win Solution.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

ShipBob

SEPTEMBER 20, 2021

For many growing and established direct-to-consumer (DTC) brands alike, the supply chain is the most critical but also most challenging aspect of their operations. . The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs.

Optimal Sourcing 52

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Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. Most supply chain planning teams do not know their customers. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Taulia

OCTOBER 20, 2021

Global supply chains are more complex than ever. In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. Calculated as cost of goods sold/average inventory. Cash flow forecasting.

Sourcing Strategies 105

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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

Supply Chain Matters

SEPTEMBER 23, 2022

In recent Supply Chain Matters commentaries focused on automotive industry supply networks, we have focused on how the ongoing global wide shortage of semiconductor logic devices continues to provide noteworthy manufacturing, supply chain as well as financial impacts. He will report to Lawler.

Cost Reduction Strategies 59

Cost Reduction Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning Software 59

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. That figure highlights like no other how critical the interrelations are between an enterprise and its supply chain. A disciplined approach to the collection, cleansing, and standardisation of supply chain data.

Inventory Reduction 102

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 102

Supply Chain Shaman

SEPTEMBER 28, 2012

Today, when I talk about building the end-to-end value chain, people will look at me strangely and say “That is not supply chain. That is the role of marketing or sales or procurement. I look at supply chain as a way to deliver value-based outcomes in business networks. “ I scratch my head.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Supply Chain Shaman

AUGUST 26, 2015

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. This gives supply chain leaders a false sense of security.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Gravity Supply Chain

JULY 9, 2020

It is an essential prerequisite that for a supply chain to operate effectively, complete visibility, traceability, and accountability must be in place. While it’s widely known that IoT is an essential enabler for supply chain visibility. end-to-end supply chain performance. Purchase Order Management.

Real-time Visibility 52

Real-time Visibility Rail Software Data Optimal Sourcing 52

Zipline Logistics

JULY 13, 2021

According to an article published by FreightWaves , “Ocean shipping experts say the cascade of released freight from Yantian will soon add to port congestion and vessel delays at major ports around the world, including in the US.” Since last year, container costs have risen 248% globally. Image sourced from FreightWaves.

Trends 52

Trends Retail Cost Reduction Strategies Inventory Reduction 52

ThroughPut

MAY 16, 2024

That’s where AI-powered supply chain optimization can make a difference. Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

ThroughPut

APRIL 6, 2020

What is supply chain optimization? Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. What does supply chain optimization involve?

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

Supply Chain Shaman

AUGUST 11, 2016

(Included in this post is Cummins’ digital award for the 2016 Supply Chains to Admire. I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. In the case of the consumer supply chain is the customer, the retailer, the shopper or the user?

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

ThroughPut

APRIL 2, 2020

What is Supply Chain Optimization? Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. What does supply chain optimization involve?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

Logistics Viewpoints

MAY 3, 2022

Supply chain professionals are looking for ways to store goods closer to customers by investing in micro fulfillment centers and to optimize their facilities so orders can be processed faster. In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report.

Waste Reduction 197

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Cognira

NOVEMBER 28, 2023

This blog explores the trends that define this year’s holiday season and the factors that draw the consumer path to purchase. Consumers leverage AI-powered benchmarking tools to track the price of their favorite items and make the purchase once it hits its lowest point. compared to the last year.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

SCMDOJO

NOVEMBER 2, 2023

Hire any of them as your supply chain consultant and see the difference! Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He is the best supply chain consultant when initiating the business.

Supply Chain Design Software 59

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The Logistics & Supply Chain Management Society

JULY 23, 2020

Let us study major highlights of Supply Chains of the future. Automated & synchronised : Future supply chains will be e2e automated, connected & synchronised. Most of the current repetitive processes like (forecasting, reports, purchase orders & Invoicing) will be automated using various technologies.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Intelligent Audit

OCTOBER 28, 2021

The increasing pressure of the market, the rising consumer demand, and dwindling supplier deliveries have brought into full view the need for adequate and functional shipping cost allocations. Shippers must focus on making the product and managing the delivery channels, supply lines, warehouse hubs, and distribution centers.

Cost Reduction Strategies 52

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ThroughPut

JUNE 5, 2024

Gartner defines Supply Chain Segmentation as: “ Designing and operating distinctly different end-to-end value chains (from customers to suppliers) optimized by a combination of unique customer value, product attribute, manufacturing and supply capabilities, and business value considerations.

Inventory Reduction 52

Inventory Reduction Material Savings Resource Reduction Sourcing Strategies 52

ThroughPut

JUNE 5, 2024

Gartner defines Supply Chain Segmentation as: “ Designing and operating distinctly different end-to-end value chains (from customers to suppliers) optimized by a combination of unique customer value, product attribute, manufacturing and supply capabilities, and business value considerations.

Inventory Reduction 52

Inventory Reduction Material Savings Sourcing Strategies Resource Reduction 52

ShipBob

FEBRUARY 26, 2024

Analysis The analysis phase is where you look back at your supply chain process and evaluate its effectiveness. It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. It also helps you make more accurate predictions about your requirements.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

BlueYonder

NOVEMBER 20, 2023

Blue Yonder was named a Leader in this inaugural report and the leader in the Better Functionality quadrant based on an evaluation of our Blue Yonder Warehouse Management solution. This honor comes after Blue Yonder was named a Leader in the Transportation Technology Value Matrix 2023 earlier this year!

Supply Chain Planning Software 115

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Analytics Software 115

6 River Systems

JANUARY 10, 2019

Keep in touch with cross-functional colleagues. “Whether you’re in procurement, supplier quality, production control or logistics, supply chain is only one ingredient in the pie of successfully bringing a product to market. ” — Anna Isaac, How to Manage Your Supply Chain , The Telegraph; Twitter: @Telegraph.

Optimal Sourcing 61

Optimal Sourcing Negotiating Skills Negotiate Pricing Pricing Training 61

Supply Chain Shaman

OCTOBER 2, 2020

The organization is not clear on accepting special requests and expedited shipping policies, often resulting in a lower margin. Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. The response is a long sigh. Six Weeks Without a Washer.

Customer Service 307

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 307

Supply Chain Action Blog

FEBRUARY 18, 2021

The point of diminishing returns can be reached fairly quickly, but if you are not there yet, it may be your most significant point of leverage for improved supply chain performance. When different functions of the business such as sales and manufacturing do not have harmonized goals, then inventory efficiency will suffer.

Inventory Management Software 40

Inventory Management Software Inventory Management Inventory Reduction Inventory 40