Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Lockdowns and Disbelief.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

BlueYonder

OCTOBER 1, 2022

I just returned from the Automotive Logistics and Supply Chain Conference in Detroit. The automotive industry is a complex ecosystem comprised of dealers, original equipment manufacturers (OEMs), multiple tiers of suppliers, and third-party logistics providers (3PLs). I look forward to seeing you at next year’s conference!

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

DELMIA Quintiq

NOVEMBER 17, 2020

Provide procurement more negotiation power with suppliers of materials and services, as well as the ability to automate purchasing and production decisions based on real-time price and market data. Accomplish operational excellence and higher production quality while reducing costs, leveraging Manufacturing Operations Management (MOM).

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Supply chain excellence happens when leaders manage complex non-linear flows.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. The automotive industries–with the poorest capabilities to plan and manage suppliers–will suffer the most.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. The Company also has franchised aftermarket services in automotive repair shops, retail outlets, and everything in between. What can often look like compliance in APO could actually be numbers calculated in Excel and posted into the SAP system.

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

Kinaxis

OCTOBER 3, 2016

There was agreement among many at the conference that pharma is a bit behind the high tech and automotive industries when it comes to supply chain efficiencies. High tech and automotive have long realized they could drive efficiencies up and costs down by not doing everything from scratch. 2 – Cost.

Pharmaceutical 195

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Software 195

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. 2) Market-Driven Forecasting. Bio-engineering? Customization?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

DELMIA Quintiq

JULY 5, 2017

From my previous blog post , it’s clear that the road to achieving sales and operations planning (S&OP) excellence is not an easy one. Take this example: A company decides to go ahead with the manufacturing of a new product based on sufficient plant capacity and favorable sales forecast. How will the plan affect your KPIs?

S&OP 136

S&OP Supply and Demand Modeling Optimal Sourcing 136

SYSPRO Smarter ERP

DECEMBER 11, 2023

Customer relationship management and service Excellent customer service is a key requirement for renewable energy companies. Budgeting can be centralized with forecast and actual information in one place, providing a single version of the truth. It allows analysis of how expected sales and purchase orders will affect inventory levels.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Shaman

AUGUST 26, 2015

As the markets plummet, it is time to remind ourselves that demand is not a forecast. Traditional forecasting approaches are not adequate in a time of market volatility. In the real world, companies operate with a Mean Absolute Forecast Error of 24-60%, and have a bias of 9-40%. Markets drive supply chains.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Supply Chain Shaman

OCTOBER 8, 2017

Surprising demand in automotive for car replacement. On one extreme, there is an argument that forecasts are always wrong, “Why do them at all?” ” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” What are they seeing? Need for Tuning.

Supply and Demand 156

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

Supply Chain Shaman

JUNE 6, 2015

I was an avid student of supply chain excellence; and in this role, I watched as best-of-breed solution after best-of-breed solution replaced with more complicated technology. As a result, we can push and push on forecasting processes and not drive improvement. I worked first at Gartner Group and then at AMR Research. I was a skeptic.

Supply Chain Planning Software 150

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

Bristlecone

SEPTEMBER 10, 2020

A side effect of this situation is that companies that relied heavily on statistical forecasts have been unable to find an alternative approach to demand planning and get their demand planning back on track in such a short span of time. forecast accuracy. ~10%. forecast accuracy. ~10%. increase in. reduction in. reduction in.

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Software Demand Planning 52

QAD

MARCH 30, 2023

If you work in the automotive, aerospace and defense industries or, of course, the consumer goods industry, you’ve probably been working with RFID technology for years. This isn’t a task for an Excel spreadsheet. RFID technology enables real-time inventory tracking and, in turn, more accurate inventory counts and order forecasting.

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 195

Supply Chain Shaman

JULY 22, 2016

Shifting demand increases cost and complexity while shaping demand increases market share or baseline forecast demand for the product. There are many misconceptions that must be challenged: 1) Demand Management Is Forecasting. 2) One-Number Forecasting. Demand for products/services is not unlimited. It is finite.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Game Changer

AUGUST 26, 2021

I’ve worked for major manufacturers in CPG, Automotive, and Defense Contracting, and I can honestly say that some of the largest organizations are nowhere near accomplishing this. Buyers and expeditors alike tend to place Purchase Orders with suppliers and then check the box as if the task is complete. PO Placement ?

Supply Chain Visibility 103

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Agile and Lean Supply Chain 103

IQMS

FEBRUARY 12, 2021

Keeping customers’ trust by choosing to excel at product quality above all is one of the main factors that drive manufacturers to adopt MES systems. The more production locations a manufacturer has, the more important supply chain visibility is to maintaining quality levels and meeting production forecasts.

Manufacturing 65

Manufacturing Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 65

Supply Chain Opz

NOVEMBER 9, 2014

This causes a misalignment of actions, such as suppliers not making the right item at the right time due to forecast inaccuracy. Aggregate forecasts are more accurate than individual forecasts. This will make the supplier sluggish to respond to changes and slow moving on innovation. What can you do?

Waste Reduction 274

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

SCMDOJO

NOVEMBER 2, 2023

Expertise: Agile Project Management, Lean Implementation in Warehouse, Supply Chain Simulation & Modelling, Warehouse Management Systems, Inventory Management, Business Intelligence (Power BI, Tableau, Google Data Studio), Advanced Excel Skills, warehouse management. Start a chat with the expert here! Connect with him now!

Supply Chain Design Software 59

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

OptiProERP

OCTOBER 23, 2019

ERP solutions deliver a single source of real-time intelligence that is fully integrated across the enterprise for better decision making and forecasting. Real-time data gives users insights into purchasing, production, inventory movement, and warehouse management. Excellence Opto Inc., Report with confidence. Customer Story.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Analytics Software 40

Supply Chain Trend

DECEMBER 19, 2016

However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. They do this because this is the way that the vast majority of companies buy planning and performance management software. Here’s the problem.

S&OP 60

S&OP Supply and Demand Vendor Strategies Supply Chain Planning Software 60

Infosys Supply Chain Management

NOVEMBER 1, 2011

Automotive. Media and Entertainment. | Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries. Industries. Aerospace and Defense. Healthcare.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

Infosys Supply Chain Management

NOVEMBER 16, 2012

Automotive. « Mapping Your Way To Faster Shopping | Main | Indicators from the 2012 Holiday Buying Period Point to Significant Change and Fulfillment Challenges » Headline for the 2012 Holiday Buying Season- Overcoming the Challenges of Fulfillment Complexity. Contact Us. Newsroom Investors Careers. Infosys Labs.

Eliminating Excel in Purchasing 24

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 24

Infosys Supply Chain Management

DECEMBER 18, 2012

Automotive. This commentary is an interim follow-up to this authors previous Infosys Limited guest commentary: Headline for the 2012 Holiday Buying Season- Overcoming the Challenges of Fulfillment Complexity. First, consumers have clearly stepped-up their preferences towards online channels as the preferred buying option.

Eliminating Excel in Purchasing 26

Eliminating Excel in Purchasing Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 26

Infosys Supply Chain Management

NOVEMBER 29, 2011

Automotive. « Retailer Multi-Channel Operations Capabilities Get an Early Test in the 2011 Holiday Buying Season | Main | Fraud vs Customer Centricity - III » Layaway and Buy Now Pay Later Payment Options! Layaway: • The customer selects the product that she wants to buy. Contact Us. Infosys Labs. Industries.

Eliminating Excel in Purchasing 22

Eliminating Excel in Purchasing Manufacturing Procurement Procurement Solutions Agile and Lean Supply Chain 22

6 River Systems

JUNE 10, 2019

Now it is only a matter of test buying products through unauthorized channels to recognize where the supply chain leakage is coming from. So I asked, “How about we make our employee the number #1 and fortify them better to radiate excellence to the customer as transferred effect?” Some strategies for an excellent supply chain are: 1.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

SupplyOn

JULY 17, 2018

In other words, from the digital purchase order, via the digital confirmation, all the way through to the digital invoice. Another example cited by Markus Quicken were the potential improvements offered by Machine Learning: this enabled the accuracy of delivery forecasts to be improved from +/- ten days to +/- three days.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Optimization Software 40

QAD

JANUARY 16, 2024

You’re probably thinking, “Are you crazy, letting your 84 year old mother drive after an incident like that,” but she is actually an excellent driver. That was what convinced us to buy the system in the first place. My husband Bob, who has been a CFO for decades, tells me regularly that the forecasting feature of CRM never works.

Forecasting Software 88

Forecasting Software Demand Planning Software Optimization Software Las Vegas 88

GlobalTranz

JANUARY 5, 2016

When a business, or other organization, purchases equipment, parts, or remanufactured equipment it is an investment. or a defective automotive piece of equipment can be remanufactured giving life to the equipment, allowing it to be reused or resold. Increased velocity. Increased service market share.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Trends Supply Chain Optimization 120

Unleashed

AUGUST 28, 2022

The most obvious concern is the initial cost of buying a product equivalent roughly to the unit price of a spare. A company will incur administrative costs from obtaining a quotation to accomplishing a purchase order. Moreover, purchasing teams can leverage bulk orders to get a better price.

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97

Infosys Supply Chain Management

MARCH 6, 2012

Automotive. « Infosys team at Pulse 2012 - Day 1 | Main | Infosys team at Pulse 2012 - Day 2 » Leveraging Social Media for Improving Forecast Reliability. One of the greatest challenges that complex supply chains of the companies today face are accurate forecasting and demand planning. Contact Us. Infosys Labs.

Supply Chain Planning Software 22

Supply Chain Planning Software Optimal Sourcing Supply and Demand Supply Chain Software 22

6 River Systems

FEBRUARY 22, 2019

Set up a labor budget based on planned activity, forecasts and seasons. Paul is a highly experienced supply chain leader, with a 20-year background in supply chain management including the delivery of more than 60 consulting projects in the retail, defense, automotive, food, utilities and mining sectors. The top operators work at a 99.9%

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Infosys Supply Chain Management

APRIL 30, 2012

Automotive. We are familiar with the concept of buying online books, electronic goods, gift articles, apparels. But do we purchase grocery online (excluding the perishables) in India. All questions asked do we really need to purchase grocery online when we can get it in a nearby supermarket. Contact Us. Infosys Labs.

Manufacturing Procurement 25

Manufacturing Procurement Eliminating Excel in Purchasing Retail Procurement Solutions 25

6 River Systems

FEBRUARY 25, 2019

I am buying a sheep and goat farm alongside a larger space for a garment factory so that I can control where the cashmere and wool is coming from, how it is processed and how it is manufactured before it is sent to my customers. If you want to optimize your supply chain, the way to do it best isn’t to buy some fancy new machine.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

Infosys Supply Chain Management

SEPTEMBER 22, 2011

Automotive. By exchanging information such as inventory levels, forecasting data, and sales trends, companies can reduce cycle times, fulfill orders more quickly, cut out millions of dollars in excess inventory, and improve forecast accuracy and customer service. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries.

Supply Chain Planning Software 27

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 27