Supply Chain Shaman

JULY 25, 2021

As demand shifts from period-to-period, the costs increase with no impact on growth. Implementation of Sales Forecasting. The focus on sales forecasting started shortly after Y2k. Few companies measured the impact on error and bias through the rigor of Forecast Value Added (FVA) analysis. Maturity Model.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

New Horizon Supply Chain Blog

MARCH 20, 2023

Introduction I started to write a “Demand Forecasting 101” article but decided that was going to turn into another Ph.D. This is a list of things that I learned about demand forecasting early in my career – things that would have been nice to know from day one. But this list is agnostic of the particular forecasting technology used.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ThroughPut

MAY 22, 2024

An effective ERP manages day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. This provides a single source of truth and enables better coordination and communication across the supply chain. What are the Core Components of an ERP System?

Supply Chain Planning Software 98

Supply Chain Planning Software Resource Reduction Optimal Sourcing Resources 98

ToolsGroup

JULY 10, 2018

If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on? More and better data has turned demand analytics into mainstream reality. Demand Forecasting.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment.

Prescriptive Analytics Software 52

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

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 209

New Horizon Supply Chain Blog

MAY 4, 2022

An Abundance of New AI-Based Forecasting Technologies. The last decade has seen a surge in the use of artificial intelligence for demand forecasting (AI). This has been driven by the rapid decline in the cost of cloud computing, new data sources, and new analytical techniques.

Forecasting 52

Forecasting Forecasting Software Supply and Demand Demand Planning Software 52

ToolsGroup

JULY 10, 2018

If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on? More and better data has turned demand analytics into mainstream reality. Demand Forecasting.

Supply and Demand 120

Supply and Demand Demand Planning Software Forecasting Forecasting Software 120

Elementum

FEBRUARY 7, 2024

This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Unleashed

JUNE 7, 2024

Benefits of supply chain mapping In today’s consumer-driven market, transparency and ethical sourcing are increasingly important, and supply chain mapping can demonstrate a company’s commitment to these values. This can lead to substantial cost savings and improvements in operational sustainability.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Material Savings Inventory Reduction 52

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

Optimal Sourcing 59

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 59

Logility

OCTOBER 6, 2023

Mansi Arora, Managing Director – Strategy & Consulting, Supply Chain & Operations, Sourcing and Procurement, Accenture, November 29,2022 How does the Logility cloud platform ensure platform stability and scalability? Data can be exposed for analytics purposes through several different mechanisms.

Supply Chain Planning Software 191

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 191

ThroughPut

APRIL 6, 2020

Effective supply chain planning can help answer the following questions and fill gaps accordingly: Are demand and supply forecast numbers accurately updated and shared across all the functions across relevant department heads and key stakeholders? Are the inventory numbers being tracked accurately across the several stages of production?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

Effective supply chain planning can help answer the following questions and fill gaps accordingly: Are demand and supply forecast numbers accurately updated and shared across all the functions across relevant department heads and key stakeholders? Are the inventory numbers being tracked accurately across the several stages of production?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

Unleashed

APRIL 21, 2024

How the order processing process works The order processing process begins when a customer order is placed and verified – in person, via email or telephone, or online – followed by inventory sourcing, then picking and packing, before the order is shipped. Order tracking and updates are provided to the customer.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. This includes key activities such as the forecasting, ordering, receipt, storage, and auditing of inventory items. Align the production schedule with the demand forecast and customer orders.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Supply Chain View from the Field

OCTOBER 4, 2015

As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Predictive Analytics Software Optimal Sourcing 60

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Each requires its own portfolio of metrics. How do we get buy-in around the organization?

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

Unleashed

MAY 25, 2023

Inventory purchases and storage fees have major impacts on your business’s profitability. By understanding the flow of products into and out of your warehouse, you can minimise these costs – ultimately improving your margins. Inventory planning requires working with information and data from multiple sources.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Practical Guides like Plan for Every Part (PFEP) , Demand Forecasting Methods or Stocktaking Procedure. These are lean manufacturing, Six Sigma, Lean Six Sigma, and Agile for enhanced performance and momentum.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 73

Logistics Viewpoints

MAY 26, 2022

The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers. The accelerated shift of buying behavior in both B2C and B2B markets also is playing a huge role in redefining our landscape.

Logistics Network Optimization Software 264

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 264

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Shaman

DECEMBER 17, 2018

Nick strongly believes that it is insufficient to drive supply chain improvement through incrementalism. It is just not enough to do a software upgrade or slowly push continuous improvement projects. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. The reason?

Demand Planning Software 261

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 261

Supply Chain Shaman

SEPTEMBER 24, 2018

They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets. The source of data for this blog comes from market triangulation. Sadly, only 7% of companies test before purchase. Frustration abounds. For example.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 234

Supply Chain Management and Analytics

OCTOBER 19, 2020

As supply chain professionals, in this rapidly changing world, we deal with many analytical challenges when it comes to planning and execution: . mismatched and missing data between different sources. With the aid of connected data sources, profitability impact can also be reported. uncertainty regarding future demand.

Supply Chain Planning Software 52

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

ThroughPut

JUNE 24, 2022

Speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. At the same time, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

QAD

AUGUST 4, 2021

Amazon, a B2C powerhouse, has been at the head of this growing trend, making it easier and easier for consumers to purchase and receive daily items right from their home. Solid Forecasting . Forecasting at this stage is really critical. Cause of Supply Chain Scarcity and How It’s Impacting Auto. Supply Chain Cleansing .

Resource Reduction 98

Resource Reduction Material Savings Sourcing Strategies Supply Chain Strategy 98

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

Unleashed

AUGUST 16, 2023

A backorder presents an opportunity for businesses to continue to make sales on products that are temporarily out of stock. Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Unleashed

MARCH 6, 2024

Some tips for using supply chain agility to manage compliance challenges: Conduct regular assessments of the legal and regulatory landscape in the markets where you operate or source from and identify potential changes or challenges that could affect your supply chain. An agile supply chain is flexible, adaptable, and resilient.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Unleashed

JANUARY 25, 2023

Cash flow management is the process of analysing your company’s finances, predicting future changes, and using this data to guide financial decision-making. To improve cash flow, process optimisation is necessary. This is achieved through the implementation and continued improvement of cash flow management strategies.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Unleashed

DECEMBER 12, 2023

These components help manufacturers to effectively plan, source, and manage the production process. It also acts as a crucial document for coordination among different teams – such as design, procurement, production, and quality control – ensuring everyone is on the same page when it comes to manufacturing.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Forecasting Demand.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Supply Chain Shaman

JUNE 29, 2016

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. E2open, following a rough 2014, was purchased by Insight Venture Partners in 2015.

Supply Chain Network Software 155

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 155

NC State SCRC

JUNE 15, 2021

Yung-Yun’s algorithm scanned tens of thousands of targeted news and company reports to develop the ratings in each category. Supply Market Intelligence Enables Improved Ability to Control Inflation. These interviews are often the best source of information and are not published. chemicals, resins, IT providers).

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Resource Reduction 98

ThroughPut

JANUARY 23, 2020

Speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. When applied to demand forecasting, AI & ML principles create highly accurate predictions of future demand based. This is where intelligent analytics powered by AI delivers immense value.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52