Supply Chain Shaman

OCTOBER 8, 2019

Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The design of the conference includes tours of several modern warehouses and centers of excellence. Here are nine considerations: #1 S&OP Budget Constraints. The Role of the Budget in S&OP.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Logistics Bureau

AUGUST 1, 2022

Has your company ever suffered problems with, implemented, or even considered implementing a sales and operations (S&OP) planning process? But what makes it so challenging to implement S&OP successfully? Why S&OP Needs a Lot of Human Investment. Who’s Who in the S&OP Process?

Supply Chain Planning Software 87

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 87

SCMDOJO

FEBRUARY 20, 2023

Therefore, evaluating performance and creating a comprehensive digitalization strategy are essential for a distributor’s success. It involves various activities, such as warehousing, inventory management, transportation, and logistics.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Logistics Viewpoints

AUGUST 7, 2023

If you are implementing a warehouse management system, for example, you scan something, you put it away, you store items, you replenish, you build pallets. This COE was tasked with improving sales & operations planning (S&OP) maturity and supporting other strategic business process initiatives and best practices.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. Technology applications in this space include demand planning, tactical supply planning, procurement planning, multi-tier inventory optimization and Sales and Operations Planning (S&OP). Metrics Alignment.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 278

Enterra Insights

JUNE 6, 2023

Here’s my two cents. ” The second concept contained in Achen’s sentence about digital twins is the idea that digital twin technology can validate “a complete set of strategies.” 6] Weisinger, op cit. Not all decisions need to be made by human planners. .

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

ToolsGroup

SEPTEMBER 25, 2019

Digital transformation is not seen as a singular activity but a set of interrelated activities that span across people, process, technology, policy, and metrics,” said George Fowler, group vice president in Spinnaker’s Supply Chain business unit. Visit www.ToolsGroup.com and follow us on Twitter @ToolsGroup. About Spinnaker.

Supply Chain Planning Software 136

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

Logistics Viewpoints

JUNE 1, 2023

One day, a product is flying off the shelves, and the next, it’s gathering dust. That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. billion a year.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

Supply Chain Shaman

JUNE 21, 2016

Functional silos define today’s supply chain organization. My first job was in manufacturing in the 1980’s. I did not understand warehousing and transportation until reassignment to a logistics role in 1985. The metrics reward functional thinking. The silos compete. They lack alignment. It enables growth.

Supply Chain Design Software 161

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 161

Logility

DECEMBER 2, 2020

Higher forecast accuracy supporting a mature S&OP process allows a company to hold less inventory, run more efficient plants, and improve transportation efficiency. What about warehousing, inventory management and the efficient maintenance of your capital equipment? So how does one build one?

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

Supply Chain Opz

MARCH 26, 2015

What is Sales and Operations Planning (S&OP)? Sales and Operations Planning (S&OP) is becoming an integral part of inventory control and it's being accepted by academia. Order Fill Rate is the hardest metric because you have to ship every item in the same order at the same time. What is Inventory Cost?

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

crisp

JANUARY 24, 2024

Discover how Walmart’s Luminate Charter plan is revolutionizing retail data analytics with these five essential reports for suppliers. Imagine having a panoramic view of your product’s journey across all sales channels, understanding intricate customer purchase patterns, and the precise flow of inventory to every store.

Procurement Analytics 52

Procurement Analytics Inventory Reduction Report Price Reduction 52

ShipBob

JANUARY 28, 2022

That’s why it’s crucial to track inventory management KPIs consistently. . In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Not sure what those metrics are? 15 most valuable inventory KPIs to keep track of.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Unleashed

JULY 10, 2023

Sales and Operations Planning (S&OP) is the process of aligning demand planning with supply planning and financial planning to create an integrated business strategy. Other benefits of Sales and Operations Planning include: Happier customers: A high-functioning S&OP team supports better decision-making at the executive level.

S&OP 40

S&OP Supply and Demand Supply Chain Planning Software Inventory Reduction 40

Silvon Software

FEBRUARY 21, 2018

Demand-driven supply chain management: When combined with effective S&OP practices, operational performance analytics can help businesses improve sales revenues, cut operating costs and reduce inventory. Even having a flash report that shows key metrics for revenue, operating performance and working capital is highly effective.

Report 74

Report Inventory Reduction Cost Reduction Strategies Material Savings 74

Logility

NOVEMBER 20, 2015

To help prove my point, let’s take a look at three examples: distribution, forecast accuracy and scenario planning. Higher forecast accuracy supports a mature S&OP process which allows a company to hold less inventory, run more efficient plants and improve transportation efficiency.

Scenario Planning 101

Scenario Planning Supply Chain Planning Software Inventory Reduction Forecasting 101

Supply Chain Shaman

MAY 13, 2015

So when the warehouse team threatened to unionize, I transferred into a distribution, warehouse environment. Warehouse Management and Transportation Management were in their infancy. Figure 2: Descriptions, or Metaphors, that Describe Today’s Supply Chain. For clarity, let’s start with a definition.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Kinaxis

MARCH 2, 2017

They also realize that majority of costs are related to supply chain functions such as production, distribution, warehousing, and order fulfillment amongst others. Supply chain organization needs to champion the S&OP process as they sit in the middle of the sales, operations, and finance teams. Success breeds success.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy Supply Chain Planning 0

Cathy Roberson

APRIL 6, 2022

Are today’s visibility tools missing something? However, in defense of logisticians, perhaps the definition has evolved over the years thanks to the complexity of today’s supply chains and the adoption of cloud-based systems, AI, and machine learning. Taylor Wilkerson @THWilkerson Forecasting Here’s the thing.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Enterra Insights

AUGUST 18, 2021

.”[3] Not only does this allow enterprises to maintain more control over their inventory, the sensors can be used by other stakeholders as well, such as, collaborative robots — or cobots — now being used in many warehouses. ” Today’s customers expect to know when their purchased products will be delivered. ”[4].

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

DynaSys

FEBRUARY 3, 2021

During the COVID pandemic so far, companies have been forced to close or shutter warehouses. Find a set of reliable demand signals, as noted above under Demand, to determine essential supply and inventory – agreed to in your S&OP process. Pay close attention to end user or consumer demand signals. Scenario Planning.

Modeling 98

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 98

Supply Chain Shaman

AUGUST 1, 2013

Let’s start with the difference between market-driven versus marketing-driven processes. Today’s conventional supply chains only respond, and the design of the systems usually gives us a “fairly dumb response” based on history. Alignment of Functional to Corporate Metrics. These concepts are not easy.

Modeling 226

Modeling Supply and Demand Supply Chain Design Software Optimal Sourcing 226

Supply Chain Opz

JUNE 1, 2014

This creates the perception among consumers that Zara''s products are unique and you have to take it while stock lasts. To cope with this, P&G conducts a merchandise testing at the pilot stores to determine the customer''s response to new product before the launch. HP ''s case study is pretty unique.

Case Study 239

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

Supply Chain Trend

NOVEMBER 27, 2016

In the last 30 years S&OP improved performance in many businesses. However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. Worse, overall S&OP development and progress seems to have stalled.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

Unleashed

JANUARY 10, 2023

In short, supply chain planning is about making sure you’re maximising efficiency through every phase of a product’s lifecycle. Or, if you’re a middle-man retailer or wholesaler, how you manage your warehouse. Either way, the first thing you should do is establish metrics and KPIs.

Supply Chain Planning Software 52

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

Logility

APRIL 15, 2020

Adopting a Sales and Operations Planning (S&OP) process and platform can be a great way to address this problem. S&OP is a process that involves generating both dollar and volumetric forecasts to drive visibility into every step of the business process. Balance supply and demand in S&OP process.

Forecasting 248

Forecasting Forecasting Software Predictive Analytics Software Demand Planning Software 248

Kinaxis

SEPTEMBER 16, 2015

From our eBook, S&OP in the 21st century , “An audit of 50 corporate spreadsheets in 2007 revealed that 94% had errors… one for $100 million!” That could mean excess inventory sitting in a warehouse, gathering dust or depreciating. That won’t end well. And, who has final audit control?

Supply Chain Design Software 100

Supply Chain Design Software Forecasting Software Supply Chain Software Demand Planning Software 100

The Logistics & Supply Chain Management Society

JULY 20, 2020

exact location of goods (on order, in transit, or in a warehouse)). Products we infrequently order are not stored in regular Amazon warehouses. Prescriptive analytics, where data constantly move in and out of partners’ systems, helps take data insights to the next level with improved visibility and for decision making.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Opz

AUGUST 2, 2018

While on the surface it is true to say that in most organizations inventory is a highly visible dimension of Supply Chain performance impacting company accounts and a key reportable metric of business performance.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Kinaxis

MAY 18, 2016

You might think, “okay, our warehouse is good” without thinking about the end to end. Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. The S&OP process 3-4 years ago didn’t lean on that as much as it does now.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

Logistics Bureau

DECEMBER 18, 2017

But planning isn’t just the start; it’s the very foundation of effective inventory control. It’s about preventing the issues described above and optimising the flow of inventory through the supply chain. In order to do this, you’ll need to establish a set of KPIs and metrics. Technology and People.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Reduction Inventory Management Software Supply Chain Planning 40

Requis

NOVEMBER 18, 2020

In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing. And, no surprises here, I attach metrics so I can measure the baseline. I cover ERP implementation, S&OP, and source-to-pay, but I do it in a way that’s like a story that takes place within a medium-sized business that wants to grow.

Optimal Sourcing 52

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

Enterra Insights

JULY 28, 2020

As metric outcomes, you can expect to see: 50% improvement in productivity; 70% reduction in excess or unproductive inventory; 8% year-on-year reduction in logistics costs; 40 percentage point improvement in forecast accuracy; [and] 15 percentage point improvement in customer service.”

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

Supply Chain Movement

DECEMBER 14, 2015

Here it involves capacity planning, S&OP and knowing individual volumes. As a supply chain we are integrating on-shelf availability, distribution, warehousing, logistics, production, procurement and communication with our suppliers, yet leave intact the intimacy within the individual markets regarding sales.

Supply Chain Planning Software 60

Supply Chain Planning Software Groups Supply Chain Planning Customer Service 60

Kinaxis

SEPTEMBER 28, 2015

Rather they honed in on the fact in just seven years, when they’re predicting the tipping point will be reached, we won’t have enough readily available talent who understands S&OP, analytics and supply chain in the needed context. Everybody else had better get used to the idea. Now that may sound eerily familiar to some of you.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Analytics Software Logistics Network Optimization Software 100

Logistics Bureau

DECEMBER 20, 2016

Now as any architect will tell you, it’s a mistake to build on top of wonky pillars, so throughout this post, we’ll concentrate on aligning the three supply chain pillars … and the benefits of doing so. It’s because that’s what drives confidence and satisfaction among all your business stakeholders.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. As a result, we shelved Ed’s idea. Testing Ed’s idea was beyond my circle of control. Strength in S&OP.

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 287