The Smart Software

MARCH 18, 2024

To get their work done, MRO professionals use Enterprise Asset Management (EAM) and Enterprise Resource Planning (ERP) systems. In this post, we summarize the need for add-on software that addresses specialized analytics for inventory optimization, forecasting, and service parts planning.

Forecasting Software 90

Forecasting Software Analytics Software Optimization Software Inventory Management Software 90

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. The post The Cost of Spreadsheet Planning appeared first on Smart Software.

Supply Chain Planning Software 83

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

ToolsGroup

AUGUST 8, 2023

That’s why we’re excited to be adding River Logic, a global innovator in advanced analytics for planning and decision support to our partner family. River Logic offers both a platform for customer solutions as well as network optimization and production planning & scheduling applications.

ToolsGroup 293

ToolsGroup Modeling Supply Chain Design Software Supply Chain Planning Software 293

Logility

SEPTEMBER 1, 2023

Demand forecasting plays a crucial role in business success, as it helps predict customer demand and plan inventory effectively. Fortunately, with the advent of artificial intelligence (AI), demand forecasting software has undergone a significant transformation.

Forecasting 175

Forecasting Forecasting Software Demand Planning Software Modeling 175

ToolsGroup

APRIL 26, 2023

This is why ToolsGroup is excited to announce significant enhancements to our JustEnough Dynamic Retail Planning & Execution solution. These upgrades deliver on the promise of event-driven planning and execution while adding significant functionalities that expand and nurture our retail capabilities. Every retailer is unique.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

ToolsGroup

JULY 5, 2023

Delivering unparalleled value to customers, these exciting new capabilities join other recent dynamic planning enhancements to SO99 , including: an Industry-Leading NPI Dashboard that enables users to better leverage historical data to create and refine forecasts for new products. Version 8.61 Version 8.61 The release of SO99+ V8.61

ToolsGroup 156

ToolsGroup Optimal Sourcing Waste Reduction Inventory Reduction 156

Supply Chain Shaman

SEPTEMBER 10, 2023

These questions are top of mind as I wrap up a class of 154 individuals learning the principles of outside-in supply chain planning processes. The continuation of the belief in the definition of today’s supply chain planning is a tangled web that we weave that is a bit of a mess. Is the plan feasible? The year was 2004.

Supply Chain Planning Software 251

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 251

The Smart Software

JUNE 19, 2023

To overcome these challenges, this blog outlines key strategies that prioritize service levels, utilize probabilistic methods to calculate reorder points, regularly adjust stocking policies, and implement a dedicated planning process to avoid excessive inventory.

Inventory Reduction 85

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

ToolsGroup

MARCH 7, 2023

The dynamic sourcing capability automatically smooths inventory targets day after day and ensures target service levels are achieved regardless of supplier constraints. We call this dynamic planning. Version 8.60 Version 8.60 I’ve heard supply chain leaders say that you can get bad answers quickly or good answers slowly.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

ToolsGroup

JULY 12, 2023

BOSTON — July 13, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of Dynamic Fulfillment, a new addition to the JustEnough retail planning and execution suite.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Real-time Visibility Optimization Software 156

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. What drove Nespresso’s supply chain planning project? Which planning technologies were adopted? Optimized transport.

Supply Chain Planning Software 317

Supply Chain Planning Software Optimization Software Modeling Supply Chain Optimization 317

ToolsGroup

FEBRUARY 28, 2023

of ToolsGroup’s award-winning software elevates forecasting and new product launch capabilities and deepens machine learning and AI utilization. ToolsGroup SO99+ improved the accuracy of our forecasts for slower moving items by 5-10%,” said Sarah Voorhees, Vice President of Demand and Inventory Planning at American Tire Distributors.

Supply and Demand 156

Supply and Demand Modeling ToolsGroup Demand Planning 156

Supply Chain Matters

MARCH 10, 2022

The Supply Chain Matters blog continues with our annual listing of our most read blog commentaries that were published and of keen interest to our readers during the year 2021. For these reasons, we elected to expand our profile from ten to the top twenty-five blogs of most interest in the prior year. October 8, 2021.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement 52

The Smart Software

APRIL 3, 2023

Those new to the parts planning game are often confused by the many variations in the names of parts. This blog points out distinctions that do or do not have operational significance for someone managing a fleet of spare parts and how those differences impact inventory planning.

Supply Chain Planning Software 81

Supply Chain Planning Software Demand Planning Software Forecasting Software Optimization Software 81

Supply Chain Shaman

JANUARY 2, 2023

This blog post started a series of telephone calls. A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The planning team was defending the status quo without questioning current practices and how to improve them.) Definition.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

Logistics Viewpoints

JUNE 1, 2021

Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.

Inventory Management Software 185

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

The Smart Software

OCTOBER 23, 2023

Companies can improve overall efficiency and generate significant financial returns by effectively managing spare parts inventory. This article will explore the economic implications of optimized service parts management and how investing in Inventory Optimization and Demand Planning Software can provide a competitive advantage.

Supply Chain Planning Software 85

Supply Chain Planning Software Inventory Supply and Demand Optimization Software 85

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

ToolsGroup

AUGUST 20, 2021

Looking for a relatively quick way to measure inventory health? “It Even though we’re talking about inventory, we first have to understand customer buying behavior—and how that then translates into inventory requirements.” Quantify value proposition and go-forward plan. Define scenarios and do sensitivity analyses.

Modeling 317

Modeling Inventory Reduction Inventory Forecasting 317

ToolsGroup

JANUARY 6, 2022

To all of my supply chain, demand planning, and forecasting friends who found the year challenging (if not traumatic), rest assured: You were not alone then – and you’re not alone now. Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

ToolsGroup

DECEMBER 16, 2021

By understanding inventory needs from a financial perspective, including revenue and margin, retailers gain insight into their open-to-buy process and, as part of their merchandise financial planning, ensure the organization will not overspend merchandising budgets. Improve Inventory Flexibility. The benefits of open-to-buy.

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156

ToolsGroup

MARCH 24, 2021

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

Resilinc

MARCH 30, 2021

Part 2: Planning your SCRM program. This is Part 2 of our four-part blog series based on Resilinc’s Ultimate Guide to Supply Chain Resiliency. If your company has a mature and well-function SCRM program, then these blogs can help you validate what you’re already doing and provide ideas for fine-tuning your program.

Supply Chain Planning Software 62

Supply Chain Planning Software Scenario Planning Supply Chain Planning Material Savings 62

The Smart Software

SEPTEMBER 25, 2023

People involved in the supply chain are likely to have questions about various inventory terms and methods used in their jobs. The post What is Inventory Planning? A Brief Dictionary of Inventory-Related Terms appeared first on Smart Software.

Supply Chain Planning Software 94

Supply Chain Planning Software Inventory Supply Chain Planning Scenario Planning 94

The Smart Software

JANUARY 22, 2024

Several leading ERP solutions introduce the concept of the “Planning BOM”, which allows the use of forecasts at a higher level in the manufacturing process. The post Leveraging ERP Planning BOMs with Smart IP&O to Forecast the Unforecastable appeared first on Smart Software.

Forecasting 90

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Planning 90

The Smart Software

SEPTEMBER 11, 2023

In this article, we'll walk you through the process of crafting a spare parts inventory plan that prioritizes availability metrics such as service levels and fill rates while ensuring cost efficiency. We'll focus on an approach to inventory planning called Service Level-Driven Inventory Optimization.

Supply Chain Planning Software 87

Supply Chain Planning Software Optimization Software Metrics Inventory 87

The Smart Software

JANUARY 4, 2024

Companies can improve overall efficiency and generate significant financial returns by effectively managing spare parts inventory. This article will explore the economic implications of optimized service parts management and how investing in Inventory Optimization and Demand Planning Software can provide a competitive advantage.

Inventory 71

Inventory Supply and Demand Optimization Software Supply Chain Planning Software 71

The Smart Software

JANUARY 16, 2024

True or false: The forecast doesn't matter to spare parts inventory management. After all, forecasts are crucial for planning stock levels, right? The post The Forecast Matters, but Maybe Not the Way You Think appeared first on Smart Software. At first glance, this statement seems obviously false.

Forecasting 99

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 99

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. But one major lesson manufacturers have learned is the need for contingency plans and flexibility. Supply Chain Management and Maintaining Inventory.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

AIMMS

NOVEMBER 12, 2019

Supply chain software is changing. RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. In this blog post, I’ll explore why and offer a helpful alternative. .

Procurement Solutions 252

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 252

DELMIA Quintiq

AUGUST 31, 2022

In this blog series, I’ll take a look at the current state and future evolution that can be expected within the world of supply chain planning software through the lens of Dassault Systèmes DELMIA. What is supply chain planning?

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 156

ToolsGroup

JANUARY 13, 2021

Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. We hope you enjoy the blog, which represents predictions and observations from across our global ToolsGroup community.

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

ToolsGroup

JUNE 15, 2020

Are you making an action plan of all the things you could do better and faster with your supply chain planning software when the next global crisis hits? The disruption we’ve seen in supply chain planning as a result of the pandemic is unprecedented. How will the technology remove these barriers?

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Forecasting Software 319

ToolsGroup

JUNE 17, 2021

In a recent digital transformation in supply chain planning study conducted by CSCMP and ToolsGroup, 45% of respondents said the pandemic caused supplier instability/shifts and 30% were struggling with staffing shortages/reduced productivity, while 45% indicated demand for their products and services had increased at the same time.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

Logility

JANUARY 12, 2021

automating the digital transformation of supply chain optimization and advanced retail planning, invites you to the upcoming webcast: Roadmap to Overcoming Five Obstacles to Achieving Multi-Echelon Inventory Optimization. Title: Roadmap to Overcoming Five Obstacles to Achieving Multi-Echelon Inventory Optimization.

Optimal Sourcing 130

Optimal Sourcing Logility Optimization Software Supply Chain Planning Software 130

ToolsGroup

JULY 29, 2021

Think of service-driven planning as an intelligent thermostat for your supply chain. You set aggregate and service class goals for different product groups or markets; the planning system will automatically translate customer service goals into SKU level service targets for each item within each service class. ?

Supply Chain Planning Software 295

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Modeling 295

Stord

APRIL 16, 2024

Unlike many companies however, we are writing a blog post about it…but why? For customers, it shows up in our dedication to communicating honestly and providing complete supply chain transparency via our software systems to drive improved operational performance.

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Supply Chain Planning Software Supply Chain Design Software Meeting Supply Chain Software 88