Supply Chain Shaman

SEPTEMBER 24, 2018

They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets. The source of data for this blog comes from market triangulation. Sadly, only 7% of companies test before purchase. Frustration abounds. For example.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 252

ToolsGroup

FEBRUARY 9, 2022

While some orders still delight, a few recent purchases have left me faltering when it comes to your customer experience. Breaking it down, the three sources of the price increase appear to be 1) labor costs, 2) transportation (shipping) fees, and 3) member benefits – aka, content. Once upon a time, you brought me so much joy.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

ToolsGroup

SEPTEMBER 22, 2020

Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Planning Software Supply Chain Design Software 156

ToolsGroup

JANUARY 8, 2019

So he says, “Improving demand accuracy is now intrinsically linked to the use of analytics to recreate the environment in which historical demand occurred.” In short, any capturable element that influences how customers purchase, whether in B2B or B2C environments. At ToolsGroup we call this “ demand modeling ”.

Supply and Demand 149

Supply and Demand Modeling Demand Planning Software Forecasting 149

ToolsGroup

OCTOBER 3, 2022

With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating. As per a recent report by CNBC , the labor department in the United States has 5.5 Source: Bloomberg.com.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Supply Chain Shaman

MAY 5, 2017

This ended when Gartner purchased AMR Research in 2010. Since I do not believe in the Gartner business model, I left. There are three solutions in the market–E2open (acquired Terra Technology), SAP, and ToolsGroup. These companies are fighting for deals in traditionally supply-centric models. 7) Cost-to-Serve.

Supply and Demand 191

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 191

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. While ToolsGroup and SAP (with the acquisition of SmartOps) are the nearest competitors, Terra prided itself on delivering better decisions through better math. It is a new buyer.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. Data source: eMarketer. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

ToolsGroup

AUGUST 12, 2022

With Google reporting that omnichannel shoppers have a lifetime value that is 30% higher than those who only shop via one channel, getting your omnichannel strategy right is critical to creating a customer experience that drives profitability. . Buy online and return in-store (BORIS). Researching products in-store then buying online.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

ToolsGroup

JULY 10, 2018

Computing power and storage capacity have grown exponentially, while the cost of both have plummeted. More and better data has turned demand analytics into mainstream reality. Data sources for the forecast can include planned sales orders, customer contracts and intercompany standing orders. Demand Planning.

Supply and Demand 120

Supply and Demand Demand Planning Software Forecasting Forecasting Software 120

ToolsGroup

SEPTEMBER 13, 2016

Today’s blog analyzes how to compete in this multichannel environment that requires serving the customer in ways that remove the barriers that make consumers think twice about making the purchase. And Gartner reports that more than half of supply chain executives say they are increasing their investment in analytics and smarter algorithms.

Supply Chain Software 120

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 120

ToolsGroup

DECEMBER 20, 2021

Every major publication and news outlet is reporting on the supply chain crisis. Most of the reporting has been pretty shallow, leaving all to wonder how it can be solved. . Image source: Bloomberg. Image source: American Journal of Transportation. Get the Report. Macro Supply Chain Issues Caused a Ripple Effect.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” Test new solutions against the traditional demand sensing providers of E2open (Terra Technology), SAP and ToolsGroup. Demand latency is the time from channel purchase to translation into an order.

Supply and Demand 199

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 199

ToolsGroup

DECEMBER 14, 2021

Cyber Monday revenue – a reliable ecommerce performer year-over-year – showed mixed results pending the source, with an overall promising outlook. Supply Chain Shortages Impacted Consumer Purchases. Maybe its digital-only design fit more with the purchase activities of tweens and young adults everywhere. The Nintendo Switch?

Retail 156

Retail Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 156

ToolsGroup

NOVEMBER 4, 2022

Employees reported that the number of pallets on the floor had rendered storage spaces unnavigable. Source: Insider. It’s possible that in the meantime, consumers have gone elsewhere to make their purchases, and demand has diminished before you could capitalize on it. 7 Causes of Excess Stock. So how did it come to this?

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

Enterra Insights

NOVEMBER 19, 2019

Jeff Bodenstab, Marketing Vice President at ToolsGroup, asserts, “This model has withstood the test of time in depicting what highly evolved planning looks like. They have brought parts of the planning process into the cloud, added algorithms and machine learning capabilities, or simplified reporting procedures.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Gartner Scenario Planning 100

ToolsGroup

OCTOBER 20, 2015

Source: Supply Chain Digest. To support this strategy, Lennox expanded its supply chain network from two distribution centers (DCs) and 66 retail stores to a hub-and-spoke model with 8 regional DCs and 19 local DCs serving more than 160 stores. Source: Lennox. What does it take to create an award-winning supply chain?

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 120

ToolsGroup

DECEMBER 11, 2023

Measuring yearly transactions across all stores in a country would have low granularity, as you would know very little about when and where customers make those purchases. Most companies have standard ways to report timed variables. Daily seasonality (Source: [link] ) Yearly seasonality (Source: [link] ) 4.

Purchasing Skills 156

Purchasing Skills Data Optimal Sourcing Modeling 156

Supply Chain Shaman

JUNE 6, 2015

Today, 32% of companies have source, make and deliver reporting to the same organization, and the gaps in alignment between operations and commercial teams are large. Last night, I spoke at a conference on the use of advanced analytic techniques and the future of planning. 3) The rate of change in business is accelerating.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

ToolsGroup

MARCH 5, 2019

And while each market can be unique, we found a few repeating themes in our own experience and from sources including Gartner and our customers Procter and Gamble (P&G) and Cipla Medpro. Supply chain planning in emerging markets is different. Here’s what we found: 1.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 159

ToolsGroup

FEBRUARY 5, 2019

And single sourcing may reduce unit cost and inventory, but significantly increase structural risks. Instead it should be a strategic decision guided by balancing three objectives: delivered cost (direct supply cost), agility (inventory write-offs) and resiliency (supply interruption cost).

Supply Chain Design Software 120

Supply Chain Design Software Optimal Sourcing Supply Chain Design Inventory Reduction 120

ToolsGroup

JUNE 27, 2022

At the back of your supply chain, you’ve got your raw materials being procured. Combining two companies in a supply chain can greatly reduce the input costs, which are incurred to provide a product or service. They include things like the cost of materials, labor, and transportation. You’re allowed to cherry pick. Find out how.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Supply Chain Shaman

SEPTEMBER 13, 2016

The change in front of us will transform the base-level definitions of source, make and deliver. These architectures are evolving and will be deeply rooted in the evolution of prescriptive and cognitive analytics. Charter a team and test and learn to understand the potential for cognitive and prescriptive analytics.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

ToolsGroup

OCTOBER 25, 2022

For all of this, you need a solution that provides your entire organization with a single source of truth, helping teams align on inventory positioning, financial decisions , and business planning. Consider the different purchasing journeys customers take during the holidays. Spruce Up Your Omnichannel Strategy. last year).

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

ToolsGroup

FEBRUARY 18, 2022

Image source: Google Trends, as of Feb. Image source: 9 News Twitter. Image source: Mashed. Get your free report – actual dollar numbers included – on Driving Retailer ROI and find out how much value companies are uncovering thanks to retail planning tools. Why Is There a Chicken Shortage?

Purchasing Skills 386

Purchasing Skills Price Reduction Supply Chain Planning Software Inventory Reduction 386

ToolsGroup

MAY 18, 2022

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. Image source: Sturgis Journal. The shutdown resulted from a federal investigation following four cases of infant bacterial infections in babies who consumed formula from the plant, with the FDA reporting two deaths.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156