Supply Chain Shaman

JANUARY 8, 2024

The performance of large global branded companies with extensive IT portfolios shows decline. No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022.

Supply Chain Design Software 235

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 235

Logistics Viewpoints

APRIL 10, 2023

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. Franklin Sports sells branded products as well as coming up with new branding concepts. An example of a branding concept involves the work the company did with Kerri Lee Walsh Jennings.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

ToolsGroup

MARCH 15, 2023

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. It’s actually a throwback from technology developed during the 1960s that hasn’t responded to the orders of magnitude increase in computer power that has enabled far better ways of solving the problem.

Inventory Reduction 156

Inventory Reduction Inventory Management Software Modeling Inventory Management 156

ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

DECEMBER 28, 2020

When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. Strangely, in the last decade, while companies had the opportunity to use technology better, supply chain performance declined. When compared to pre-recession years, we ended the decade with twenty more days of inventory.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

ToolsGroup

JULY 19, 2023

A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. On the other hand, optimized inventory levels can enhance it.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

ShipBob

OCTOBER 16, 2023

How to calculate reorder points ShipBob keeps reorder points simple Reorder point formula FAQs Maintaining proper inventory levels is an elegant dance that must balance consumer demand and supplier reliability. Implementing reorder points allows you to trigger a new order so you don’t get close to running out of inventory.

Forecasting Software 98

Forecasting Software Inventory Management Software Demand Planning Software Supply Chain Planning Software 98

ShipBob

OCTOBER 9, 2023

In their quest to offer solutions for ecommerce businesses, they offer a fulfillment solution to ecommerce brands in the form of Shopify Fulfillment Network , or SFN. Shopify Fulfillment Network ( SFN ) is Shopify’s fulfillment service that brands can use to store inventory and fulfill customer orders.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Network Software Inventory Management Software Supply Chain Planning Software 98

ToolsGroup

SEPTEMBER 13, 2023

The key lies in high performance inventory. Forward-looking supply chain professionals understand that inventory is not an end in itself; it’s a means – to enhanced customer service, increased profitability, and greater efficiency. What is High Performance Inventory?

Inventory Reduction 156

Inventory Reduction Resource Reduction Waste Reduction Supply Chain Planning Software 156

Logistics Viewpoints

JUNE 26, 2023

This private, family-owned business is headquartered in the US. The company now has 12 brands that generate more than a billion dollars in revenue annually. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supply chain mean for us?” The change management was difficult.”

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Logistics Viewpoints

MARCH 6, 2023

The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.” Too often overhead costs are allocated using broad averages, rather than doing so in a more targeted manner. It’s the narrative.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Supply Chain Shaman

JUNE 21, 2023

Managing the Contrarian Deep Inside Of Me It is hard to manage the contrarian deep inside of me. Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. Today’s risk management solutions focus largely on supply sensing and early alerting.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Logility

MARCH 13, 2023

No customer experience is more disappointing than not receiving an order as promised. Most B2B and B2C brands believe faster order processing, more frequent inventory planning, and “good enough” promise dates can help avoid this situation. However, this is not a cost-efficient or sustainable arrangement.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Demand Planning Software Inventory Reduction 130

ToolsGroup

MAY 11, 2021

Most successful companies complete annual strategic business plans in order to identify and execute upon growth opportunities. Management Team: documents the key members of your team. Among other things, demand forecasting and inventory optimization can minimize inventory, decrease transportation costs and reduce overhead expenses.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Planning Supply Chain Optimization Modeling 296

Logility

MAY 3, 2021

Execution of S&OP through a sales and operations execution process is what sets top brands apart. Its intended purpose is to provide the information management needs to direct the business as well as create and sustain a competitive advantage. Business planning is, of course, essential, but the real proof is in the execution.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 246

ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. In other cases, such as cruise ships, the ship is the warehouse.

Inventory Reduction 156

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 156

BlueYonder

DECEMBER 7, 2023

But the truth is, using a traditional, monolithic ERP to manage inventory and order management for omni-channel and e-commerce is more difficult than your ERP salesperson may have led you to believe. There’s no reason to radically overhaul your existing systems and processes with a brand new ERP. Here’s why.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimization Software Forecasting Software Demand Planning Software 85

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. As Burt Flickinger, Retail Expert and Managing Director at retail consultancy Strategic Resource Group shared with CNN , “For every dollar in sales, a retailer’s net profit is between a cent to five cents.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Logistics Viewpoints

MAY 17, 2021

NBG Home Uses a Software Solution from CommerceIQ. Indirect sales, brand owner sales through sites like Walmart.com or Amazon, are an increasingly large portion of sales for many companies. In 2020, ecommerce sales accounted for 14 percent of total retail sales in the US. Keeping a human customer is hard enough.

Demand Planning Software 158

Demand Planning Software Modeling Forecasting Supply and Demand 158

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Logility

OCTOBER 19, 2023

To gain control over their costs and pricing, supply chain leaders must capitalize on the recent stabilization of production capacity and inventory levels. Through meticulous optimization, consumer packaged goods companies can curtail transportation expenses, minimize inventory holding costs, and reduce operational expenses.

Network Optimization Software 130

Network Optimization Software Modeling Network Optimization Supply Chain Optimization 130

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. Due to its size, Kroger typically manages its distribution network in-house. The 84.51° helps brands better understand their customer.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management?

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Logistics Viewpoints

JUNE 30, 2022

With our supply chains clogged and retail inventories piling up, we have a situation wherein the huge imbalances between demand and supply at the product mix level can have an adverse impact on product availability for B2B and B2C companies alike, especially as we start heading to the holiday season. Not really. in October 2021. A ratio of 1.5

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

Logility

AUGUST 31, 2021

From soft drinks, coffee, and tea to wine and spirits, many companies are having notable success and building their brand using various digital platforms, including integrated sales sites and mobile app-based services. . Inventory optimization for beverage brands takes a three-pronged approach that covers: 1.

Modeling 130

Modeling Beverage Inventory Reduction Supply Chain Optimization 130

BlueYonder

APRIL 9, 2024

Spanning 140 brands, 40,000 employees, 150 global markets, and 12.5 This initiative is central to enhancing the management and efficiency of its logistics operations throughout Europe. In Carlsberg’s case, “from the barley in the fields to the beer in our hands.”

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100

ShipBob

JANUARY 3, 2024

Imagine this: your ecommerce business is growing — customers are raving about your products, you plan on adding more products to your catalog, and orders are coming in from all parts of the world. The picking process is what happens in the warehouse after an order has been placed.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Optimization Software 52

The Logistics & Supply Chain Management Society

MARCH 22, 2022

For example, the One Network platform for supply chain planning and execution is used by the Ministries of Health in Nigeria, Ghana, and Rwanda, providing comprehensive inventory visibility across all health facilities for real time supply demand matching and collaborative decision making. Real-Time Information with IoT and Telematics.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

crisp

MAY 9, 2023

In today’s highly competitive landscape, brands have the unique opportunity to build stronger partnerships, prove their market value, and hit sales goals by bringing compelling data to retail buyers. Today’s most successful brands are using retail sales data to grow their existing retail accounts and forge relationships with new retailers.

Inventory Reduction 52

Inventory Reduction Data Waste Reduction Retail 52

BlueYonder

OCTOBER 24, 2023

Were using AI in at least one application related to supply chain or order management (95%). Rapid Transformation Srinivas Pujari is Blue Yonder’s corporate vice president for product management commerce and data science. Retailers that used advanced data analytics saw operating margins increase up to 19%.

Analytics Software 94

Analytics Software Predictive Analytics Software Forecasting Software Supply Chain Software 94

The Logistics & Supply Chain Management Society

JULY 23, 2020

When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. Case Study Agility: ZARA. As soon as designers spot possible trends, they create sketches and order fabrics.

Agile and Lean Supply Chain 258

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

Logistics Viewpoints

DECEMBER 14, 2021

Now he spends his Saturdays laying on his favorite sofa and looking for the best deals on fresh groceries online; he even cross-shops using three different apps! And this shift in consumer behavior is expected to be sticky due to accessibility benefits and the easy to use nature of E-Commerce.”. Inventory Optimization.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Logistics Viewpoints

JANUARY 11, 2023

These trends and technologies include the network effect, innovation in transportation management systems, time slot management applications, autonomous trucks, and the future of last mile deliveries, specifically looking at autonomous mobile robots and drones for home delivery. The Benefits of Time Slot Management ; Chris Cunnane.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

Unleashed

APRIL 11, 2024

The accident affecting one of the US’s busiest ports for car shipments and coal exports could create a ripple felt worldwide, writes Christy Cooney. 5 tactics for fattening your profit margins Increase average order value (AOV) with enticing offers. Inventory and marketing costs can be insidious parasites, gnawing at your margins.

Waste Reduction 52

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 52

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. But why is liquidity management so important? Managing liquidity involves two key steps: cash flow monitoring and cash flow planning.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102