ToolsGroup

NOVEMBER 23, 2021

The following strategies, based on data, analytics, and collaboration, are helping planners around the globe overcome a disrupted supply chain. Use analytics to put your available inventory to the best use. Chances are you do have some inventory–make sure it’s being put to the best use with automation and data analytics.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Supply Chain Shaman

OCTOBER 8, 2019

Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Here are nine considerations: #1 S&OP Budget Constraints.

Supply Chain Design Software 183

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

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. As noted in the initial installment of this article, Elise Dopson reports, “Data suggests that 20% of online-bought products are returned, compared to just 9% of items bought in a brick-and-mortar store.”[1] Get Consumers to Keep What They Purchase.

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

Logistics Viewpoints

SEPTEMBER 20, 2022

This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. We need planning platforms to keep up with all the changes.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Enterra Insights

OCTOBER 21, 2021

” With COVID-19 still a problem heading into this year’s holiday shopping season, returns are again going to present a challenge for both online and brick-and-mortar retailers. Today’s complicated returns processes more often than not involve reverse logistics, which can be a real headache for retailers. ”[2].

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

Supply Chain Shaman

FEBRUARY 27, 2020

In Figure 1, I show results from a recent S&OP study. S&OP Challenges. How do we harness the power of data with new forms of analytics? Jackie kept a lookout perched on puff’s gigantic tail. Pirate ships would lower their flag when puff roared out his name oh. Reflection.

Analytics Software 238

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 238

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? Cost per unit. Inventory turnover rate. Backorder rate.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Kinaxis

SEPTEMBER 13, 2017

Walmart brings extreme fulfillment expertise to the table, and Google has the technologies for language processing, artificial intelligence (AI) and analytics. Traditional calendar-based sales and operations planning (S&OP) is blown out of the water, as there will always be the requirement to adapt to what consumers want.

Supply Chain Planning Software 239

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 239

Enterra Insights

AUGUST 18, 2021

The Thomas staff reports, discrete manufacturing accounts for the largest proportion of IIoT spending. They can also share with their customers up-to-date shipping times and delays. ” Once products are shipped, the IoT can also help manage those assets. ” Reduced Manufacturing Costs. 4] Bonderud, op.

Supply Chain Design Software 130

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

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. What is Inventory Cost? Economic Order Quantity or EOQ is one of the most earliest mathematical model for inventory control.

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

Enterra Insights

NOVEMBER 26, 2021

Finally, with supply chain snarls grabbing headlines and with the looming possibility of empty store shelves for the holidays, consumers will want to get a jump on the holiday by purchasing available products to ensure they have their gifts in hand ahead of the holidays. The report also said that 29% of U.S. ”[3]. ”[5]. .”[6]

Survey 130

Survey Supply and Demand Supply Chain Planning Procurement Analytics 130

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. That’s why you need to ensure you’ve got systems in place to collect key data relating to purchasing, logistics, inventory, and sales. This grants better vision over your supply chain network.

Supply Chain Planning Software 52

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

Logility

APRIL 10, 2017

So what’s the answer? Like all SOR’s (ERP – Financial SOR, CRM – Customer SOR, PLM – Product Lifecycle SOR, PIM – Product Information SOR) a SCP SOR facilitates supply chain planning processes, and is the one location for all of the company’s supply chain planning information.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 100

Logistics Bureau

AUGUST 7, 2023

That said, it’s a balance that can be difficult to achieve without honing your demand forecasting capabilities to a fine point. Symptoms of Inadequate Demand Forecasting Signs that your forecasting is not up to snuff might include the following: Frequent stock-outs in your warehouse(s).

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

Supply Chain Trend

AUGUST 13, 2020

Third wave supply-chain planning software will play the machine role in the human-machine collaboration, enabling the knowledge worker to manage large amounts of data, use advanced analytics, and automate processes and decisions across the enterprise and the wider value chain. S&OE ENVIRONMENT.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

Logistics Viewpoints

NOVEMBER 23, 2020

Ipsen purchased the RapidResponse supply chain planning product from Kinaxis. The Kinaxis solution also provides robust decision support for their S&OP process. Further, border disruptions occurred making shipping into a nation with high infection rates much more difficult. Ipsen also need to reduce their lead times.

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

The Logistics of Logistics

MARCH 11, 2013

A new Bloomberg Business Week Research Services survey and report makes it clear that innovative supply chain tools are widely acknowledged to be crucial to meeting corporate goals now and in the future as supply chains grow more complex, customers become more demanding and globalization accelerates. He is certified as a C.P.M.,CPIM,

Real-time Visibility 113

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 113

Elementum

JUNE 10, 2019

“There’s S&OP… and then there’s the real world.” — Gartner Research. While organizations spend 30% of their time doing sales & operations planning in the “liquid zone”, they spend 70% of their time with actual sales & operations execution (S&OE) in the “frozen zone”. Automating Issue Discovery.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Design Software Analytics Software Forecasting Software 60

Supply Chain Shaman

JANUARY 2, 2023

Let’s start with the basics. In traditional advanced planning applications (APS) for a manufacturing company, the forecasting model’s role is to generate a time-series forecast in the tactical horizon (outside of lead time). (An Models Matter. This blog post may seem a bit basic for some. Bear with me.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

Kinaxis

MAY 18, 2016

Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. We spoke about the onslaught of data and the need for people with analytics skills. 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

USC Consulting Group

MARCH 27, 2023

What’s on the road ahead for consumer goods manufacturing? Economic uncertainty paired with rising costs. Economic uncertainty paired with rising costs. No, it’s not over yet. It has caused 80% of respondents in the Deloitte survey to report they’re raising prices further to compensate.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

Arkieva

JUNE 23, 2016

These planning and scheduling decisions occur across a complex playing field organized by decision tier (strategic, tactical, operational, and relevant time response) and organization (corporate planning, factory, marketing, purchasing, etc.). Analytics Workbench. This is sometimes referred to as the “repair” process.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 62

Unleashed

APRIL 18, 2022

The company is now able to purchase from multiple local Scottish sources, as well as import from overseas if required, which has made their supply chain more resilient – and made their business more stable. Nearly 60% reported serious disruptions. A focus on this key pillar of the business also leads to a rise in productivity.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chain Strategy 97

Supply Chain Shaman

JULY 22, 2016

It starts with the needs of the customer’s customer and flows through the extended supply network. Demand is seen as a fixed set of numbers, and as a result, the team’s focus is on numbers without understanding the drivers of the markets. The Maturity Model of Flow Definitions within Supply Chain Management.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. That''s why we ask our experts a very simple question " How to improve the operational efficiency in global supply chain?

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

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. If product sales is good, a larger batch will be ordered.

Case Study 239

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

3rdwave

NOVEMBER 29, 2018

Visibility of Global Transportation Ops. With a well executed global transportation program, net total landed cost savings of 1-2% is probable. But, more importantly, a well-executed global transportation program has a direct impact on the level of total inventory across an organization’s supply chain.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

SupplyShift

FEBRUARY 14, 2018

The chocolate we buy doesn’t flow simply from confectioner to storefront, it comes a long way – from the cocoa pods, to the fermentation and drying of the beans, to packaging and shipping, and finally the alchemy of real chocolate. Stasi Baranoff, Director of Global Ops and Sourcing, Uncommon Cacao).

Supply Chain Planning Software 52

Supply Chain Planning Software Purchasing Skills Supply Chain Software Supply Chain Planning 52

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Your forecasting process goes through multiple checks and balances, giving you the opportunity to identify deviations and exceptions and create more accurate predictions.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

SupplyShift

FEBRUARY 14, 2018

The chocolate we buy doesn’t flow simply from confectioner to storefront, it comes a long way – from the cocoa pods, to the fermentation and drying of the beans, to packaging and shipping, and finally the alchemy of real chocolate. Stasi Baranoff, Director of Global Ops and Sourcing, Uncommon Cacao).

Supply Chain Planning Software 40

Supply Chain Planning Software Purchasing Skills Supply Chain Software Supply Chain Planning 40

ShipBob

JANUARY 8, 2021

Have you ever stumbled upon your favorite online brand’s products at a brick-and-mortar store? Today, the scenario is quite different as 73% of B2B buyers are millennials who prefer the convenience of purchasing bulk orders online. Though it’s a competitive market, B2B ecommerce offers a lot of ways to market.

Inventory Management Software 96

Inventory Management Software Supply Chain Design Software Optimization Software Logistics Network Optimization Software 96

3rdwave

NOVEMBER 29, 2018

Visibility of Global Transportation Ops. With a well executed global transportation program, net total landed cost savings of 1-2% is probable. But, more importantly, a well-executed global transportation program has a direct impact on the level of total inventory across an organization’s supply chain.

Optimal Sourcing 40

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 40

ThroughPut

FEBRUARY 14, 2024

Those disciplines include decision management (including advanced nondeterministic techniques such as agent-based systems) and decision support as well as techniques such as descriptive, diagnostics and predictive analytics.” ‍‍ Let’s understand better with an example.

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

Logility

JULY 21, 2022

It’s incredibly complicated to pinpoint when an order will ship and when it will arrive. There’s no way you can orchestrate a value stream until you’ve got it all integrated,” Scrimgeour said. And with an annual multi-billion spend on 6,000 vendors, approaches may vary based on the supplier’s size.”

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 173

Enterra Insights

OCTOBER 3, 2022

As we all know, supply chain snarls disrupted last year’s holiday shopping season — with some inventory arriving well after the holidays ended. They report, “Retailers and customers are not feeling joyful after a year of supply chain backlogs and higher costs.”[1]

Material Savings 130

Material Savings Inventory Reduction Retail Supply Chain Planning Software 130

Logistics Bureau

NOVEMBER 23, 2020

An inventory policy is a document detailing the objectives, principles, rules, systems, and processes for cataloguing, classifying, forecasting, planning, stocking, replenishing, purchasing, warehousing, returning, allocating, disposing of, accounting for, monitoring, and reporting inventory. 3) Systems can’t be set up.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting 52

SCMDOJO

NOVEMBER 2, 2023

To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. Primarily focused on Supply Chain, Warehousing, Logistics, S&OP and Inventory Management. We introduce the top 20 supply chain specialist you should hire in this blog.

Supply Chain Design Software 59

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