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Courage to Paint Outside the Lines

Supply Chain Shaman

Since I have covered bi-directional orchestration in prior blogs, here I am going to detail how taxonomies in the area of digital twin and direct procurement need to morph to drive value but for reference, in Figure 1, I share the previously shared model for bi-directional orchestration. Could A Digital Twin Be A Unifying Data Model?

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. The systems–based on shipment and order data–were out of step with the market. Also, the solutions lacked flexibility. Lessons Learned. The reason? Next Steps.

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Spend Analysis: Best Practices

Precoro

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

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Addressing the Inherent Challenges of Fostering a More Synchronized B2B Supply Chain Business Network

Supply Chain Matters

Overview In short, B2B Supply Chain Business Networks are Cloud based platforms designed to achieve end-to-end supply chain data visibility and business process decision-making synchronization. An evolving new area is in the monitoring and tracking of ESG focused data and conformance needs.

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6 Ways Food Manufacturers Can Build Resilience into Post-COVID Planning

Logility

Most companies understand that accurate forecasts are a critical part of minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently. Preparing for Market-Driven Demand.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Supply chain management is increasingly making an impact on the overall functioning of the business and influencing C-suite decisions. Do you want to be managing people?

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5 Retail Strategies for Supermarkets for AI-Driven Demand Forecasting and Replenishment Planning

ThroughPut

Demand-driven replenishment and fulfillment can help retail planners manage large SKUs, determining each sales location and its optimal inventory targets. Data-driven forecasting builds accurate information pipelines based on patterns of purchase and forecasts of global trends. 5 Benefits of Efficient Order Replenishment.