The Network Effect

JUNE 11, 2014

In part one I laid out the 5 stage maturity model that shows how organizations can turn their “big data” into “big visibility” The stages are 1) Representation; 2) Accessibility; 3) Intelligence; 4) Decision Management; 5) Outcome-Based Metrics and Performance. Note: this is part 2 in a series of posts.

Agile and Lean Supply Chain 77

Agile and Lean Supply Chain Supply chain Real-time Visibility Networking 77

SCMDOJO

DECEMBER 14, 2023

Time is really important in business. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

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Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 98

SCMDOJO

FEBRUARY 20, 2023

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

Strategy 119

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 119

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

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Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Finale Inventory

JULY 17, 2024

In today’s rapidly changing business environment, supply chains are crucial to the success of ecommerce companies. However, even the most efficient supply chains can be affected by a phenomenon known as the Bullwhip Effect. The retailer reviews the demand and determines the quantity needed to fulfill the order.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 52

Supply Chain Game Changer

NOVEMBER 11, 2018

Check out Introducing Lean In Retail … Start in the Backroom! As consumers the complexity in the retail supply chain is usually oblivious to us. So what makes the Retail Supply Chain so complex? It puts huge demands on the Supply Chain team. Subscribe Here! Email Address. Master Data.

Retail Supply Chain 48

Retail Supply Chain Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 48

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supply chain strategies have come into the spotlight as volatile demand and complicated global markets have made supply chains more complex.

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supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 52

Finale Inventory

JULY 15, 2024

One inventory management strategy that has gained significant popularity is Just in Time (JIT) inventory. In this article, we will examine the concept, benefits, potential challenges, and future trends of JIT inventory in the context of ecommerce in 2024. Continuous Improvement: JIT inventory is not a one-time solution.

Inventory 52

Inventory Agile and Lean Supply Chain Supply Chain Efficiency Real-time Visibility 52

Finale Inventory

AUGUST 4, 2024

Examining raw materials in ecommerce reveals a complex web of supply chain dynamics. By tracking raw materials at every stage, you gain insights into lead times, quality control measures, and potential issues that could affect your production timeline.

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Raw materials Inventory Real-time Visibility Strategy 52

Supply Chain Game Changer

SEPTEMBER 21, 2021

Subscribe to Supply Chain Game Changer. Is Just In Time Past Its Time? Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. Subscribe Here!

Inventory 52

Inventory Agile and Lean Supply Chain Real-time Visibility Supply Chain Optimization 52

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. You can read more about demand forecasting techniques in our article.

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supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 52

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supply chain issues. Increased supply chain visibility.

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supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 52

Supply Chain Game Changer

APRIL 16, 2019

Subscribe to Supply Chain Game Changer. The Supply Chain Detective™: The Mystery of the Prima Donna Boss! It was another case for the Supply Chain Detective™! There was no indication that there was a problem with cash flow at that time. The strain and drain on cash was real, imminent, and alarming.

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Finale Inventory

SEPTEMBER 25, 2024

Lead time refers to the amount of time it takes for a product to go from the initial order placement to its final delivery to the customer. In ecommerce, understanding lead time is key for efficient inventory management and customer satisfaction. Firstly, it directly impacts inventory management.

Inventory 52

Inventory Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency 52

Finale Inventory

AUGUST 20, 2024

What does effective inventory management involve? It demands a thorough understanding of market trends, customer behavior, and supply chain dynamics. This includes analyzing data, implementing forecasting models, and using technology to optimize inventory levels. It requires more than tracking stock levels.

Inventory 52

Inventory Supply Chain Efficiency Real-time Visibility Inventory control 52

Supply Chain Game Changer

JANUARY 30, 2020

Subscribe to Supply Chain Game Changer. World Class Inventory Turnover Breakthrough Elements! “We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, Supply/Demand Planning.

Inventory 61

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 61

FourKites

DECEMBER 11, 2020

This is one of the most abstract costs associated with carrying inventory, and will vary widely based on the nature and quantity of items you keep in storage. Learn more about the ROI of Real-Time Transportation Visibility. Examples of inventory carrying costs. This is your total inventory carrying cost.

Inventory 52

Inventory Real-time Visibility supply chain budgeting Agile and Lean Supply Chain 52

Jaggaer

OCTOBER 24, 2024

With quantitative and qualitative KPIs, you get a bird’s eye view to understand supplier performance and make more informed decisions. Real-Time Insights for Risk Management Managing supplier risks involves identifying, evaluating, and reducing constraints created by suppliers, and their suppliers as well.

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Supply Chain Optimization Collaboration Suppliers Real-time Visibility 52

Finale Inventory

JULY 25, 2024

Effective inventory management also affects operational efficiency. By using data analytics and forecasting tools, online retailers can optimize inventory levels, shorten shipping times, and enhance order fulfillment processes. Ensuring Smooth Operations Efficient inventory management supports smooth operations.

Inventory 52

Inventory Order Fulfillment Management Real-time Visibility 52

Finale Inventory

FEBRUARY 27, 2024

Scanning a label takes a fraction of the time needed to jot down even the briefest of details – and items are immediately visible in your online system with full product details available. Cycle counting is the practice of counting a rotating subset of your inventory on a regular, frequent basis. Adopt continuous cycle counts.

Inventory 52

Inventory Management Real-time Visibility e2e 52

Finale Inventory

AUGUST 14, 2024

Inventory management is about more than just having enough stock; it’s about having the right products at the right time. Implementing efficient inventory tracking systems can streamline your operations and enhance overall business performance.

Inventory 52

Inventory Supply Chain Efficiency Real-time Visibility Management 52

Finale Inventory

AUGUST 15, 2024

Key Components of the Reorder Point Formula The reorder point formula considers two main components : lead time and demand during lead time. Lead time is the duration it takes for an order to be fulfilled and delivered to your warehouse. Calculate the average lead time in days.

Inventory 52

Inventory Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 52

Procurement Software

JUNE 4, 2024

As supply chain technology improves for transportation, inventory management and warehousing, the procurement tools for manufacturing businesses now need to step up. This exciting trend persuaded us that it’s about time we featured an article on these procurement tools specifically. And stepping up, they indeed are.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Supply Chain Game Changer

NOVEMBER 16, 2018

“We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly. Supply/Demand Planning. (Infographic).

Inventory 43

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 43

Finale Inventory

JULY 17, 2024

It involves the strategic process of determining what products to offer, in what quantities, and at what prices to ensure profitability and customer satisfaction. By investing time and resources into merchandise planning, ecommerce businesses can set themselves up for success in a highly competitive market.

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Supply Chain Game Changer

JANUARY 27, 2020

Subscribe to Supply Chain Game Changer. Augmented Reality (AR) is the Future of the Supply Chain! is changing article written for Supply Chain Game Changer by Tony Giovaniello, President of the Shasta EDC. New materials, device improvements, and cycle time reductions are emerging every day.

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Agile and Lean Supply Chain Supply Chain Efficiency Real-time Visibility Networking 52

Finale Inventory

MARCH 28, 2024

From brand messaging that illustrates how companies are enacting earth-friendly practices in their business to certification bodies such as B Corp who are starting to scrutinize global supply chains as part of the credentialing process, companies are trying to level up to their consumers’ expectations as best they can.

Supply Chain Efficiency 52

Supply Chain Efficiency Raw materials Sustainability Inventory 52

Supply Chain Game Changer

MARCH 7, 2019

Subscribe to Supply Chain Game Changer. Augmented Reality (AR) is the Future of the Supply Chain! Article written for Supply Chain Game Changer by Tony Giovaniello, President of the Shasta EDC. New materials, device improvements, and cycle time reductions are emerging every day. Subscribe Here!

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Agile and Lean Supply Chain Supply Chain Efficiency Real-time Visibility Networking 50

Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain. After all, your shortages are their problem, as well.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

HICX

SEPTEMBER 11, 2023

Supplier risk management (which can be referred to as SRM, although this acronym more commonly means supplier relationship management) is a process that identifies, assesses and mitigates threats posed in the organization’s supply chain that have the potential to impact revenue generation and profit.

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Risk management Risk Suppliers Management 52

Finale Inventory

JULY 9, 2024

Key Features of Finale Inventory for Obsolete Stock Management Finale Inventory offers a range of features specifically designed to help ecommerce businesses manage their obsolete stock. This eliminates the risk of overselling obsolete items and provides businesses with real-time visibility into their stock.

Inventory 52

Inventory Strategy Management Real-time Visibility 52

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Supply Chain Optimization 40

Supply Chain Optimization e2e Inventory Agile and Lean Supply Chain 40

The Network Effect

DECEMBER 5, 2014

It seeks to align and synchronize demand, supply, and product cycles, as well as enable the ability to sense and shape demand to make a profitable demand response. daily) given its long lead times and serially integrated nature. Using this method means a price must be paid in lost sales along with excess and obsolete inventory.

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IBM Supply Chain Blog

JUNE 5, 2024

Software as a service (SaaS) applications have become a boon for enterprises looking to maximize network agility while minimizing costs. They offer app developers on-demand scalability and faster time-to-benefit for new features and software updates. What are application analytics? AI- and ML-generated SaaS analytics enhance: 1.

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Real-time Visibility Data Networking Quantity 79