Stord

APRIL 24, 2024

From improved customer experience to greater inventory planning and forecasting, AI promises to make all of our lives easier and reduce those all-too-common supply chain headaches. Additionally, this technology will make demand planning & forecasting more accurate. This is the "true magic" of great forecasting!

Supply Chain Planning Software 88

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Predictive Analytics Software 88

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. What is the role of local management, divisional teams, and corporate organizations? Old habits die hard.) The reason?

Supply Chain Planning Software 251

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 251

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? So what are the nuts and bolts of this process?

Inventory Reduction 156

Inventory Reduction Resource Reduction Waste Reduction Supply Chain Planning Software 156

ToolsGroup

MAY 16, 2023

These often included: Collaborating more effectively with suppliers: More organizations are embracing a more holistic supply chain strategy by knowledge-sharing with suppliers to align on lead times, forecasts, and buying projections. Probabilistic forecasting continues gaining momentum.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

Supply Chain Shaman

SEPTEMBER 13, 2023

In a recent blog post, I was challenged by Anna. Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” ” Anna, this blog post is for you. ” Anna, this blog post is for you. The reason?

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Arkieva

JANUARY 4, 2023

Each year, visitors read our supply chain blog to take advantage of all that we have shared. Our Top Blogs of 2022 was first posted on January 4, 2023 at 8:10 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. This is the round up of our top posts.

Supply Chain Planning 78

Supply Chain Planning Supply and Demand Supply Chain Scenario Planning 78

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. It directly affects the bottom line, making it crucial to manage effectively. Make to Order: Here, products are manufactured based on specific customer orders.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

Logility

NOVEMBER 30, 2023

The Power of Generative AI Revolutionizing Supply Chain Planning – Explore the power of generative AI in this blog Read Now Generative AI , on the other hand, is a subset of deep learning that deals with the creation of new content or data based on both labeled and unlabeled data.

Supply Chain Planning Software 177

Supply Chain Planning Software Modeling Supply Chain Software Scenario Planning 177

ToolsGroup

JULY 6, 2023

With v8.61, SO99+ will be delivering enhanced transparency and accuracy across the entire solution while increasing the overall strength of the solution’s forecasting engine. Seasonality at Item/Area Level Clustering is at the core of how users plan out their forecasts. Missed our first quarterly updates?

ToolsGroup 276

ToolsGroup Modeling Forecasting Supply Chain Planning Software 276

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. So, I asked the questions, “Is your data forecastable?

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

ToolsGroup

FEBRUARY 28, 2024

That’s why Evo CEO Fabrizio Fantini jumped at the chance to work with Harvard Business School Professor Sunil Gupta to participate in a case on Miroglio’s huge success increasing profits through in-season inventory optimization. But fashion is inherently hard to predict. Read the case on Harvard Business School website Read here →

Network Optimization 156

Network Optimization Supply Chain Optimization Inventory Price Mitigation Strategies 156

Supply Chain Shaman

OCTOBER 11, 2023

Let’s explore nine in this blog. The larger the global corporation, the more that the use of functional goals sub-optimizes growth, margin and inventory levels. I often laugh when companies ask me to define a good forecast. Art of the Possible. technologies. Measurement. Engines, Models and Workflow.

Supply Chain Planning Software 379

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 379

ToolsGroup

APRIL 26, 2023

It also fully integrates JustEnough with the Inventory Hub® Dynamic Data Unification Platform. These product enhancements link perpetual inventory signals to critical merchandise planning modules. Stock-to-Service Curves that add the ToolsGroup SO99+ industry-leading stock-mix optimization capabilities to JustEnough retail forecasting.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Supply Chain Design Software Forecasting Software 156

The Smart Software

APRIL 8, 2024

Companies that depend on spreadsheets for demand planning, forecasting, and inventory management are often constrained by the spreadsheet’s inherent limitations.

Supply Chain Planning Software 83

Supply Chain Planning Software Inventory Management Software Forecasting Software Supply Chain Planning 83

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. By using daily forecasts and replenishment constraints such as storage capacity, safety stock, stock, lead time, etc., Optimized transport.

Supply Chain Planning Software 317

Supply Chain Planning Software Optimization Software Modeling Supply Chain Optimization 317

DELMIA Quintiq

APRIL 6, 2020

The key challenge is to not over-produce and stock up on excessive inventory , but at the same time be ready for summer by securing on-shelf availability and fulfillment. Dr. Rob Hyndman, forecasting expert at Monash University in Melbourne, Australia, recently wrote in his blog ( [link] ) the methods used to forecast the spread of COVID-19.

Scenario Planning 296

Scenario Planning Supply Chain Planning Software Food Modeling 296

The Smart Software

JUNE 19, 2023

Managing spare parts presents numerous challenges, such as unexpected breakdowns, changing schedules, and inconsistent demand patterns. Traditional forecasting methods and manual approaches are ineffective in dealing with these complexities. Explore these strategies to optimize spare parts inventory and improve operational efficiency.

Inventory Reduction 85

Inventory Reduction Price Mitigation Strategies Supply Chain Planning Software Supply Chain Strategy 85

ToolsGroup

JULY 12, 2023

Dynamic Fulfillment leverages real-time inventory, demand, and operational signals captured by ToolsGroup’s unique dynamic data unification platform, which provides a digital supply chain twin for optimal sourcing decisions. For more information about Dynamic Fulfillment, read our blog on our new release and register for our upcoming webinar.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Real-time Visibility Optimization Software 156

BlueYonder

APRIL 11, 2024

If You’re Not Using Fulfillment Slow Mover Logic, You Might Be Missing Out This blog is co-written by Tony Verdi , Customer Success, and Jennifer Brox , Industry & Solution Marketing Are you feeling pressure from above to squeeze even more margin out of your network? How many inventory dollars are tied up in C and D items?

Forecasting 95

Forecasting DC Inventory Reduction Retail 95

Logistics Viewpoints

JUNE 1, 2021

The answer lies in promotion management. . What is Promotion Management? Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. Why should we consider Promotion Planning in Inventory Management?

Inventory Management Software 185

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

QAD

APRIL 10, 2024

Thus, it can impact the efficiency of operations and increase inventory carrying costs. The adoption of demand forecasting tools can help overcome the challenges of demand fluctuation in a timely manner. If these forecasts are incorrect, even by a small margin, they can lead to over- or under-ordering of raw materials and/or goods.

Optimal Sourcing 52

Optimal Sourcing Forecasting Supply and Demand Forecasting Software 52

QAD

AUGUST 29, 2023

The digital supply chain forecasting process is critical for any organization’s success. However, to achieve an accurate and effective digital supply chain forecasting process, it is essential to collaborate with both sales teams and suppliers. Collaboration is key to successful digital supply chain forecasting.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 95

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

Logistics Viewpoints

SEPTEMBER 20, 2022

In this blog, I’ll try to shed more light on it with examples from our work with our customers. In this blog, I’ll focus on the Q-commerce case. In this version, there’s no automation around managing promotions, so demand planners need to get involved in adjusting the forecasts for promotions. Step 2 – Getting Smarter.

Supply Chain Planning Software 194

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

ThroughPut

APRIL 15, 2024

In the ever-evolving landscape of global commerce, businesses face a significant challenge: the pain of inaccurate forecasts and the relentless pace of market conditions. The agitation stems from the financial loss and operational inefficiencies accompanying these inaccurate forecasts. AI in supply chain forecasting is a game-changer.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

SYSPRO Smarter ERP

DECEMBER 19, 2022

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. In the 1990s, APS (Advanced Planning and Scheduling) arose as a solution for making better decisions about inventory. Inventory optimization.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

QAD

MARCH 6, 2024

Accurate forecasting models become ever more critical to meet customer demand as companies add more product lines and the value chain expands. That’s why having the most accurate forecasts to have a successful demand plan in place is a must for every company. Below you will find some more detail on each one of them.

Supply and Demand 52

Supply and Demand Modeling Forecasting Sourcing Strategies 52

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. They represent distinct facets of the broader logistics and operations landscape.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. They represent distinct facets of the broader logistics and operations landscape.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

QAD

APRIL 11, 2024

As I discussed in a recent article in Food Logistics, it’s a powerful tool for predictive analytics, demand planning and business forecasting that shouldn’t be overlooked. How is AI Improving Supply Chain Management? Take forecasting consumer buying patterns for example.

Predictive Analytics 72

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

ThroughPut

MARCH 25, 2024

In supply chain management, accurately distinguishing between demand planning and demand forecasting is essential yet challenging. These processes are foundational for strategic supply chain management but serve distinct functions. What is Demand Forecasting? What is Demand Planning?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

My Office Apps

JANUARY 29, 2024

This blog explores the integration of real-time updates into relevant modules, providing a comprehensive overview of how immediate data entry translates to instantaneous changes throughout the ERP system. Immediate data entry translates into accurate inventory records, reducing the risk of stockouts or overstock situations.

Real-time Visibility 77

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 77

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

QAD

SEPTEMBER 12, 2023

According to Michigan State University , “demand planning is a supply chain management process of forecasting, or predicting, the demand for products to ensure they can be delivered and satisfy customers. The goal is to strike a balance between having sufficient inventory levels to meet customer needs without having a surplus.”

Supply and Demand 95

Supply and Demand Demand Planning Supply Chain Planning Scenario Planning 95

SYSPRO Smarter ERP

MAY 10, 2022

There has to be tight control over inventory, and production planning and scheduling need to ensure product delivery. In addition, demand forecasting has to be accurate and costs have to be managed. It is also important for inventory management to have details of the items that make up assemblies. .

Manufacturing Procurement 111

Manufacturing Procurement Procurement Solutions Optimal Sourcing Inventory Management Software 111

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Inventory Reduction Modeling 111