Supply Chain Shaman

SEPTEMBER 10, 2023

I was working on a report on the Multi-Enterprise Inventory Management (often termed MEIO) and I challenged Pete. The software never expanded in scope to manage multi-tier inventories. Instead, it was a collection of deeper engines to improve safety stock calculations for the enterprise. Old habits die hard.)

Supply Chain Planning Software 251

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 251

ToolsGroup

SEPTEMBER 13, 2023

So how can organizations face this new market landscape with confidence and a solid planning process? The key lies in high performance inventory. A successful planning process leverages inventory itself as a tool, increasing the payoff of available stock by balancing it with business goals and service targets.

Inventory Reduction 156

Inventory Reduction Resource Reduction Waste Reduction Supply Chain Planning Software 156

ToolsGroup

MAY 16, 2023

This is part of the growing emphasis on supply chain visibility in modern approaches to supply chain management. This can lead to inefficiencies in planning as well as high turnover. It enables the inventory optimization necessary for lowering inventory while elevating the customer experience.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. It’s safe to say that AI has long moved past buzzword status. How is AI Improving Supply Chain Management?

Predictive Analytics 72

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 72

ThroughPut

APRIL 15, 2024

These inaccuracies can lead to overstocking or understocking, missed opportunities, and a failure to meet customer demand. In a world where margins are thin, and competition is fierce, such losses can be debilitating. AI in supply chain forecasting is a game-changer. What is Supply Chain Forecasting?

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

Logistics Viewpoints

JUNE 1, 2021

Is there a way they can improve availability during these special day promotions, so shoppers like me are not disappointed?”. The answer lies in promotion management. . What is Promotion Management? To achieve this, you identify your potential customers, decide your promotion budget, and select your product to promote.

Inventory Management Software 185

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 185

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. How Does AI Work? But AI is not limited to the nuts-and-bolts operation. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

ToolsGroup

JULY 6, 2023

Learn more about ToolsGroup’s Q1 Enhancements to SO99+ for Improved Supply and Demand Planning → Our focus on customers is why so many companies choose us as their trusted supply chain partner – companies like Italian agro-food giant, GranTerre. Missed our first quarterly updates? Explore the capabilities below to see how v8.61

ToolsGroup 276

ToolsGroup Modeling Forecasting Supply Chain Planning Software 276

ToolsGroup

MARCH 30, 2022

It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. ToolsGroup simplifies the task of creating orders for individual points of sale and monitoring inventory levels. Optimized transport.

Supply Chain Planning Software 317

Supply Chain Planning Software Optimization Software Modeling Supply Chain Optimization 317

ToolsGroup

APRIL 3, 2023

The Resurgence of AI The second theme that caught our attention was renewed interest in artificial intelligence. Eye on the Horizon: Generative AI At the moment, it seems that generative AI has not yet made its way into the retail technology vernacular. And they are beginning to employ some new tactics to ensure that’s the case.

Inventory Reduction 156

Inventory Reduction Price Reduction Supply Chain Planning Software Forecasting Software 156

QAD

JULY 6, 2023

Supply chain planning is a key component of digital supply chain management. This process can be quite complicated as it often involves multiple steps across many different departments within an organization – collaboration across departments will give us more efficiency in our changing world. So, how exactly is AI being used?

Forecasting 93

Forecasting Supply Chain Planning Software Supply Chain Planning Forecasting Software 93

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. You can read more about it here.

Predictive Analytics Software 59

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

ThroughPut

APRIL 17, 2024

The use of artificial intelligence in supply chain management is only gaining more and more momentum with each passing year. AI with its predictive capabilities is helping companies make more informed decisions, automate processes and optimize efficiency like never before. Supply Chain Tracking Has Evolved (Pretty) Fast!

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Optimal Sourcing 52

ThroughPut

MARCH 27, 2024

The Evolution of Retail Supply Chain & Logistics: A Pre-AI Overview In the pre-AI era, the retail sector was markedly different, especially since the traditional supply chain and logistics models were largely driven by manual labor. How is AI Revolutionizing Retail Supply Chains? This has made deliveries faster.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. It can affect production, sales, turnaround time, customer satisfaction and even profitability. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

My Office Apps

OCTOBER 9, 2023

How Artificial Intelligence is Changing Distribution Management Software The way businesses manage distribution of goods is evolving quickly with advancement of technology today. Traditional distribution management methods are giving way to emerging technologies, and Artificial Intelligence (AI) is leading the charge.

Optimization Software 73

Optimization Software Forecasting Software Inventory Management Software Supply Chain Planning Software 73

Supply Chain Shaman

JUNE 23, 2020

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. The comment is usually something like, “Implement RPA or AI to solve this problem.” The term “AI” is overused. I am also developing a framework for my new book.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Taulia

JULY 24, 2023

Managing complex supply chains is simply more difficult, and risks like unexpected delays or challenges meeting sudden surges in demand are important to overcome. Accordingly, streamlining the supply chain management process and increasing supply chain visibility have become critical steps in achieving supply chain efficiency.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Software Optimization Software Forecasting Software 88

Supply Chain Shaman

FEBRUARY 28, 2021

After a dramatic drop at the beginning of the pandemic, Supply Chain Management (SCM) and Enterprise Resource Planning (ERP) software public valuations are near twice the ten-year average. Yes, Artificial Intelligence (AI) is new. No company that I study can effectively use market data.) This is the goal of this blog post.

Supply Chain Planning Software 359

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 359

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

SYSPRO Smarter ERP

JANUARY 5, 2022

Artificial intelligence (AI) is a transformative technology that will enhance people’s. What is AI. AI is the term for computer software that gets information about the environment, learns, and takes action in response to that information and to objectives that are set. Benefits AI can deliver. Time savings.

Manufacturing Procurement 124

Manufacturing Procurement Predictive Analytics Software Modeling Software Optimization Software 124

Enterra Insights

OCTOBER 26, 2022

The staff at Predictive Oncology explains, “Machine learning and artificial intelligence (AI) are no longer the concepts of science fiction — they’re a $1.41 The Council concludes, “Machine learning can open up new insights and possibilities for industries of all stripes. ”[1].

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

My Office Apps

JANUARY 22, 2024

Out with the Old, In with the Efficiency: Choose the Right Inventory Management Software for a Profitable New Year As the confetti settles and resolutions take flight, it’s the perfect time to give your business a refresh. But navigating the vast options of Inventory Management Software (IMS) can feel daunting.

Inventory Management Software 84

Inventory Management Software Optimization Software Forecasting Software Supply Chain Planning Software 84

Enterra Insights

FEBRUARY 7, 2022

Keith Pickens, General Manager at UST, insists, “The solution requires a move away from linear supply chains to digitally integrated supply chain networks.”[2] And most of those articles point out that agility begins with improved supply chain visibility. Automating processes for improved inventory turnovers.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Analytics Software Inventory Management Software 130

ThroughPut

MARCH 15, 2024

With a lot of these issues expected to persist or worsen going ahead, Chief Supply Chain Officers (CSCOs) are urgently looking to reinvent business strategies and prioritize agility, resilience, and sustainability in supply chain management. That said, implementing AI in your supply chain can be a daunting task.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

BlueYonder

JANUARY 22, 2024

Recently, Blue Yonder released the findings of its survey of wholesale distribution executives 1 , which focused on their order management challenges, goals and forward-looking plans. Blue Yonder has helped many wholesalers address these challenges with advanced order management solutions. Why did we conduct this study?

Distribution 89

Distribution Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 89

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. Though this topic has been thoroughly researched, its basics and practical advice on successfully implementing it have often been overlooked in the endless blog posts on Google search results pages. How Does Just-In-Time (JIT) Work?

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

ThroughPut

DECEMBER 5, 2023

The lack of forecasting accuracy can easily spill hardship into other departments. Supply chain operators need to take a step back and closely examine their demand forecasting process to optimize supply chain operations, reduce costs, and improve customer satisfaction. What are the Benefits of Accurate Demand Forecasting?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Logistics Viewpoints

SEPTEMBER 20, 2022

Along with Digital Transformation, leveraging AI/ML, autonomous decision-making, and going for Ecosystem collaboration, “Composability” is another central theme to make the supply chain planning more agile. In this blog, I’ll try to shed more light on it with examples from our work with our customers. What is Composability?

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

SCMDOJO

MARCH 15, 2023

If you are in the supply chain industry, you are probably well aware of the constant need to optimize processes and improve communication between stakeholders. ChatGPT technology is revolutionizing supply chain management and transforming companies’ operations. If you are not familiar with ChatGPT, don’t worry!

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 126

ThroughPut

FEBRUARY 2, 2024

In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour. This can lead to either stockpiles of unsold products or, conversely, empty shelves and missed sales opportunities. This can lead to delays, increased costs, and inefficient use of resources.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Enterra Insights

JUNE 1, 2021

Consider your social media activity. You are sharing your one-of-a-kind digital footprint with the world through images, videos and chats that detail likes, dislikes, emotions and opinions.”[2] As explained below, cognitive computing can do much more for retailers than simply monitor social media.

Supply Chain Design Software 130

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

ToolsGroup

OCTOBER 3, 2022

Some headlines provide hope, with statistics showing improvement, while others give mixed messages. Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Where Are All the Retail Workers?

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Locus Robotics

JANUARY 2, 2024

From leveraging the power of AI to embracing eco-logistics, we will uncover the essential strategies to thrive in this complex and exciting field. When order volumes decrease after the peak , it is the perfect time to optimize workflows and better position your warehouse with the help of your automation technology.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

ThroughPut

DECEMBER 1, 2023

In the dynamic world of supply chain management, demand planning is a critical component for achieving holistic supply planning. With the unpredictable levels of demand fluctuations in today’s market, it’s crucial to effectively navigate the path to replenishment management in supply chains.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. What is Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52