EazyStock

MAY 24, 2019

In both of these cases, customer service levels are negatively impacted by a completely preventable challenge – if only you’d been carrying safety stock inventory! To keep customer service levels high, accurately calculated safety stock inventory is a necessity. 4 Primary Reasons for Carrying Safety Stock.

Inventory 53

Inventory Supply Chain Optimization Raw materials Demand 53

EazyStock

MAY 24, 2019

In both of these cases, customer service levels are negatively impacted by a completely preventable challenge – if only you’d been carrying safety stock inventory! To keep customer service levels high, accurately calculated safety stock inventory is a necessity. 4 Primary Reasons for Carrying Safety Stock.

Inventory 51

Inventory Supply Chain Optimization Raw materials Demand 51

SCMDOJO

APRIL 22, 2022

The tokenization system will also improvise how inventories are managed in the supply chain. Supply chain collaboration is of recent origin where the industry witnessed VMI (Vendor Managed Inventory) & CPFR (Collaborative Planning Forecasting & Replenishment). Reference Guide: Excess and Obsolete Inventory Policy Guide.

Supply Chain Efficiency 137

Supply Chain Efficiency Supply chain Real-time Visibility Supply 137

The Network Effect

JUNE 25, 2015

Inventory management a top priority. Third, beyond logistics, these platforms can operate across the entire supply network, providing full order, shipment, and inventory visibility along with a tuneable system of control for ultimate adaptability. Optimized execution in operations, logistics, and distribution. Counterfeiting.

supply chain budgeting 67

supply chain budgeting Supply Chain Optimization Supply chain Supply 67

The Network Effect

DECEMBER 23, 2014

Because companies believe that improving demand forecast accuracy can drive higher levels of customer service through better shelf inventory availability while simultaneously decreasing overall inventory costs and increasing profits. If you’re impatient though, I suggest you read the new white paper, What is Demand Sensing?

Demand 72

Demand Networking Inventory Suppliers 72

EazyStock

JULY 10, 2018

Every manufacturer and distributor of after market parts needs to have a pulse on the different stages of their product life cycle to ensure inventory levels are being accurately forecasted and replenishment reorder points are in alignment with customer demand. Growth rates can be highly variable and sporadic.

Inventory 45

Inventory Management Demand Quantity 45

The Network Effect

MARCH 27, 2015

This map, prepared by Wonkblog and based on data by the National Bridge Inventory, shows every highway bridge in U.S. Well, here’s another amazing map that helps reveal the complex underlying infrastructure that everything we buy and consume must pass through. that is longer than 20 feet. That’s more than 600,000 bridges!

Networking 61

Networking Supply chain Inventory Data 61

The Network Effect

MAY 4, 2015

Demand Sensing is really a call to action for every company because now the capability exists to manage the entire process from demand signal capture to both short-term and long-term forecasting, resulting in increased sales revenues and decreased inventory costs. What About The Data? I’ll discuss this further in future posts.

Demand 68

Demand Data Inventory Networking 68

The Network Effect

JULY 1, 2015

With full execution control, is possible to actually reallocate both mix and volume for product that is in motion during replenishment, which is especially important given that we are now able to react to store level inventory and POS data updates within physical shipment lead times based on today’s rapid replenishment programs.

Networking 68

Networking Supply Inventory Inventory planning 68

The Thomas Blog

AUGUST 24, 2022

Whether it’s offering free eBooks or white papers, or connecting with prospects through social media , you’re able to prove your value differently — while improving your chances of moving to the shortlist. Document Your Offerings With White Papers. Inventory management? Do you provide engineering services?

Buyers 128

Buyers Buying process Suppliers Sourcing 128

The Network Effect

AUGUST 7, 2015

Our last post dealt with new types of demand-driven inventory replenishment policies. . Using these types of demand driven-based inventory replenishment policies enables retailers and their suppliers to reduce supply chain variability, optimize inventory levels, and minimize freight expense.

Distribution channels 58

Distribution channels Inventory Networking Supply Chain Optimization 58

The Network Effect

FEBRUARY 27, 2015

The key is that with the newer network- based platforms , the business processes from forecasting to order management through replenishment and ship can react in ways that maximize customer service levels while also reducing inventory requirements and transportation costs. I’ll discuss this further in future posts.

Demand 73

Demand Networking Data Inventory 73

The Network Effect

AUGUST 14, 2015

Do we have any opportunities to reduce inventories while simultaneously improving customer service levels?”. But if you’re impatient and want to find out more now, I suggest you read the new white paper: Why Wall Street Cares About Your Master Data Management Strategy.

Real-time Visibility 67

Real-time Visibility Data Networking Risk 67

The Network Effect

JUNE 18, 2015

Data to be leveraged includes store level days of supply, store level forecasts, DC shipments, DC inventory positions, DC inbound shipments, and DC open orders. If you’re impatient, I suggest you download the new white paper: Is your supply network really shelf-connected? Which is best? makes the most sense.

Demand 71

Demand Supply Chain Optimization Supply chain Supply 71

The Network Effect

SEPTEMBER 4, 2015

We’ve asked whether a shelf-connected system was possible with traditional ERP systems , discussed how new approaches to forecasting processes are required in a shelf-connected world, and explored new types of demand-driven inventory replenishment policies.

Networking 58

Networking Collaboration Real-time Visibility Supply 58

The Network Effect

APRIL 2, 2015

Knowing that a shortage of inventory is the key reason for new product launch failures, it is crucial to ensure that retailers have the right mix, volumes, and locations of inventories to meet customer demand. Today most CPG companies lack the ability to generate either order or inventory visibility across their supply network.

Supply chain 62

Supply chain Consumer demands Networking Supply 62

The Network Effect

JULY 10, 2015

Some research indicates a 6% forecast improvement could improve the perfect order by 10% and deliver a 10-15% reduction in unnecessary inventory. Cash flows along with higher return on invested capital will improve through the reduction of risk-based inventory positions. I suggest you read the new white paper, What is Demand Sensing?

Demand 50

Demand Management Order Fulfillment Inventory 50

The Network Effect

MAY 29, 2015

Omnichannel retail is a multichannel approach to retail that provides the customer with a seamless shopping experience whether the customer is shopping online from a computer or mobile device, or in a brick and mortar store, seamless inventory visibility and seamless continuous improvement. White Paper: Supply Chain’s New World Order.

Agile and Lean Supply Chain 65

Agile and Lean Supply Chain Supply Chain Efficiency Networking Supply chain 65

The Network Effect

OCTOBER 23, 2014

Given today’s increasing cost pressures, overall inventories will have to become leaner and supply chains more efficient by changing to a pull or demand-driven approach with increased visibility.

Supply Chain Optimization 75

Supply Chain Optimization Supply Chain Efficiency Distribution channels Supply chain 75

The Network Effect

APRIL 7, 2015

Using this method means a price must be paid in lost sales along with excess and obsolete inventory. If you’re impatient, I suggest you download the new white paper: Is your supply network really shelf-connected? The problem is this architecture simply isn’t designed to resolve issues in a timely fashion (e.g.

Networking 57

Networking Supply Supply Chain Optimization Distribution Planning 57

NLPA (Next Level Purchasing Association)

MAY 5, 2021

Profitable Inventory Management and Control. The Learning site also includes learning resources, including live and on-demand webinars, publications and reports, articles, templates, white papers, and more! Procurement Value Creation Workbook. Savings Strategy Development.

Raw materials 52

Raw materials Strategic sourcing Strategic sourcing Category management 52

The Network Effect

OCTOBER 26, 2015

We’ve asked whether a shelf-connected system was possible with traditional ERP systems , discussed how new approaches to forecasting processes are required in a shelf-connected world, explored new types of demand-driven inventory replenishment policies. and explained why ERP system struggle to replenish in shelf-connected environments.

Networking 56

Networking Collaboration Inventory Data 56

NLPA (Next Level Purchasing Association)

APRIL 8, 2024

It encompasses a wide range of activities, including: Sourcing raw materials and components Manufacturing or production processes Warehousing and inventory management Distribution and transportation Customer service SCM’s focus is strategic. Visit NLPA Learning , the new home to all of our certifications and online courses.

Supply Chain Efficiency 52

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

Jaggaer

APRIL 6, 2020

One demand-supply scenario might look like this : demand for defibrillators has gone up by 2x, but 10% of supply capacity has shut down and say another 10% in-transit inventory is blocked up. Learn more about how supplier management can help, read our white paper, How to Achieve Holistic Supplier Management.

Supply Chain Efficiency 72

Supply Chain Efficiency Risk Supply chain Supply 72

NLPA (Next Level Purchasing Association)

MAY 8, 2023

These solutions enable businesses to track their inventory, monitor their suppliers, and identify potential disruptions before they occur. This system helped them reduce inventory costs, improve customer service, and better manage supplier performance. Visit NLPA Learning , the new home to all our certifications and online courses.

Supply Chain Visibility 52

Supply Chain Visibility Real-time Visibility supply chain budgeting Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

FEBRUARY 3, 2022

Profitable Inventory Management and Control. Purchasing and Inventory Management. NLPA Learning also includes learning resources, including live and on-demand webinars, publications and reports, articles, templates, white papers, and much more! Eliminating the Pain Out of Contract Management. Contract Review Checklist.

Suppliers 52

Suppliers Collaboration Inventory Contract management 52

Supply Chain Game Changer

AUGUST 6, 2020

In this Digital Twinning white paper, I have used the term digital twinning in the context of the inherent characteristics of the supply chain that are captured in a digital model. I hope that you get more insights from reading this Digital Twinning white paper and that it provides some mapping in your digital supply chain journey.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

NLPA (Next Level Purchasing Association)

MAY 7, 2023

Procurement teams need to be actively involved in the S&OP process to ensure that demand forecasts are accurate, supply plans are optimized, and inventory levels are balanced. NLPA Learning also includes learning resources, including live and on-demand webinars, and reports, articles, white papers, and more!

supply chain budgeting 52

supply chain budgeting Demand Strategic planning Demand Planning 52

The Network Effect

JANUARY 17, 2016

Inventory Planner. Inventory Clerk. As defined by an ERP configuration, their best practice processes lead most CPG companies to run with over 60 days of inventory, retail forecast accuracy of 60%, DC forecast accuracy of 80%, and supplier forecast accuracy of 60%. Enterprise Business Function. Demand Planner. Buyer Planner.

Buyers 40

Buyers Supply Chain Efficiency Networking Bidding 40

The Network Effect

APRIL 15, 2016

Targeted inventory levels.). Sales and Operations Planning in Manufacturing: Manage Collaboration Across the Entire Organization (White Paper). Finance should provide an overview of how each of the above mentioned areas impact the financial objectives of the company (e.g.

Demand Planning 40

Demand Planning Demand Supply chain Purchasing 40

Supply Chain Trend

OCTOBER 31, 2016

Jim : Basic clarity, so many webinars, so many LinkedIn groups, so many consultants, so many white papers, has really muddied the waters of a fairly simple concept. Without senior leadership shepherding, S&OP can struggle to effectively launch and stay in place. SCT: What needs to be done to reach that vision?

Supply Chain Optimization 121

Supply Chain Optimization Supply Chain Efficiency Leadership Supply chain 121

The Network Effect

OCTOBER 1, 2014

Marketplaces place product offerings on your site for sale even though you do not have any inventory of these items. Orders for these “stockless inventory” items are simply passed to your marketplace partner who drop-ships the products to your marketplace customers.

Price 58

Price supply chain budgeting Supply Chain Efficiency Inventory 58

Jaggaer

SEPTEMBER 22, 2020

Other departments can also use this data to perform inventory management, budget and plan, and set a strategic sourcing roadmap. Read our white paper! Use this pool of aggregated spend information to understand where you spend is going and who it’s with. Want to find out how to get the most out of a spend analysis solution?

Real-time Visibility 52

Real-time Visibility Strategic sourcing Strategic sourcing Data 52

Supply Chain Game Changer

MAY 5, 2021

They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster. Case in point: research firm Gartner includes the speed of inventory turns as a key metric in its annual Top 25 List recognizing companies for their excellence in Supply Chain.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

NLPA (Next Level Purchasing Association)

JUNE 23, 2022

lower finished goods inventories. NLPA Learning also includes learning resources, including live and on-demand webinars, publications and reports, articles, templates, white papers, and more! Improving the S&OP Process is a SCOR (Supply Chain Operations Reference) Model best practice (BP.026). more stable production rates.

Demand Planning 52

Demand Planning Demand supply chain budgeting Strategic planning 52

The Network Effect

APRIL 1, 2016

As many regional delivery hubs do not require the full breadth and depth of a WMS, some basic functionality is still needed: receiving, cross docking, inventory visibility, labor and task management, staging, driver check-in and check-out, quality audit, loading, and shipping. Route Planning and Optimization. Returns and Reverse Logistics.

Supply Chain Optimization 41

Supply Chain Optimization Real-time Visibility Supply chain Route optimization 41

Jaggaer

JANUARY 28, 2019

This also required creating a flexible supply chain by creating preferred responses to possible changes, as well as realigning inventory in order to free up cash. To learn more about the economic procurement outlook for 2019, read our white paper, The Impact of Current Economic Events: A Guide to Procurement in 2019.

Supply Chain Efficiency 40

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Procurement team 40