Logistics Viewpoints

MARCH 27, 2023

Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship.

Forecasting 192

Forecasting Forecasting Software Modeling Optimal Sourcing 192

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 336

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 336

SYSPRO Smarter ERP

APRIL 22, 2024

Orders are up, business is booming, and your manufacturing operation is expanding. You lack visibility into your finances Inventory management is challenging and you either find yourself running out of material or overstocking your supplies, tying up cash. Be clear on the costs associated with an ERP purchase.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Supply Chain Planning Software Optimization Software 105

Logistics Viewpoints

APRIL 5, 2021

Despite the significant amount of effort involved in going from running a business on Excel spreadsheets to implementing an enterprise resource planning (ERP), they are very grateful that their efforts to improve their supply chain agility were underway when the pandemic hit. The company has a sourcing team that vets the beans.

Supply Chain Planning Software 224

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 224

Supply Chain Shaman

OCTOBER 8, 2017

I worked for a software company for almost a decade and implemented demand management solutions in the 1990s for multiple companies. At that time, the demand processes were largely regional. I also worked in manufacturing during the period of 1978-1992 trying to plan demand. Tactical Demand Planning.

Supply and Demand 161

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 161

Logistics Bureau

NOVEMBER 16, 2020

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.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Supply Chain Shaman

AUGUST 26, 2015

While traditional forecasting approaches use statistics to model history assuming that historic shipments and order patterns represent future market patterns, in the times of market volatility, especially for manufacturers two-five levels back in the supply chain, traditionally forecasting is not adequate.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Why do manufacturers need an effective supply chain plan? Supply management. Demand management.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Why do manufacturers need an effective supply chain plan? Supply management. Demand management.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving.

Supply and Demand 403

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 403

Arkieva

JUNE 28, 2016

We might use “availability in Excel directly or with Add-ons” as an “age metric’.). For example, basic optimization and statistical methods have been part of business school programs for over 40 years and core methods are part of Excel. One pattern is a succession of short purchases in a location away from home.

S&OP 64

S&OP Procurement Analytics Analytics Software Supply and Demand 64

Supply Chain Shaman

JULY 22, 2016

Learn to navigate the river of demand. Realize that, within the organization, the concept of demand as a flow is not well understood. There are many misconceptions that must be challenged: 1) Demand Management Is Forecasting. Client Example of Demand Management Across Time Horizons. It was an ugly color.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Shaman

FEBRUARY 25, 2016

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. In the digital transformation these traditional applications manage low-velocity transactional data. Orders do not represent market demand. Let’s start by addressing the barriers. Barrier #1.

Supply and Demand 150

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

Infosys Supply Chain Management

NOVEMBER 1, 2011

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

Supply Chain View from the Field

APRIL 1, 2015

Step 2 – Develop Metrics and Data Sources. A major output of the first phase of the metrics development process is a set of functional strategic objectives, including business unit or supply chain management strategic objectives. What must we excel at? operational excellence perspective). What must we excel at?

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Infosys Supply Chain Management

DECEMBER 29, 2011

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management.

Manufacturing Procurement 29

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

ToolsGroup

JUNE 6, 2022

Consequently, the complexity of managing inventory across channels and locations has escalated, leading to negative customer experiences, higher costs, and redundant inventory and planning systems. . It enables real-time inventory availability by tracking inventory across the supply chain and intelligently exposing inventory to any channel.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Optimization Software Demand Planning Software 156

Logility

AUGUST 24, 2022

Sears Manufacturing Co., and Demand Management, Inc., wholly owned subsidiaries of the Company, were recognized by Supply & Demand Chain Executive as recipients of the Top Supply Chain Projects Award 2022. This marks Logility’s nineteenth year and Demand Management’s tenth year of recognition.

Network Design Software 130

Network Design Software Supply Chain Design Software Supply Chain Planning Software Network Optimization Software 130

BlueYonder

APRIL 25, 2017

If merchandising is very good at the science of running their business, a demand planning group can be respected and managed well. On the other hand, if merchants make their money being outstanding at the art of understanding consumer buying behavior, they might actually prefer their “support organizations” to manage the analytics.

Supply and Demand 43

Supply and Demand Demand Planning Supply Chain Planning Software Supply Chain Planning 43

ThroughPut

JUNE 24, 2022

When faced with a pandemic like COVID-19, establishing a good understanding of the impact on supply chains and contingency plans can help manufacturing companies deal with uncertainties in the right way. AI-based automated tools can ensure smarter planning and efficient warehouse management, which can enhance worker and material safety.

Supply Chain Planning Software 98

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

BlueYonder

APRIL 25, 2017

If merchandising is very good at the science of running their business, a demand planning group can be respected and managed well. On the other hand, if merchants make their money being outstanding at the art of understanding consumer buying behavior, they might actually prefer their “support organizations” to manage the analytics.

Supply and Demand 40

Supply and Demand Demand Planning Supply Chain Planning Software Supply Chain Planning 40

SYSPRO Smarter ERP

DECEMBER 11, 2023

These include manufacturers of wind turbines, equipment used for solar power and hydropower, and components used in geothermal plants. Customer relationship management and service Excellent customer service is a key requirement for renewable energy companies.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. 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.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 235

Kinaxis

OCTOBER 20, 2014

by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. I had to throw out some carrots yesterday.

Supply Chain Planning Software 257

Supply Chain Planning Software Inventory Reduction Modeling Cost Reduction Strategies 257

Supply Chain Movement

JANUARY 15, 2015

Until June of this year, Tecniplast, an Italian manufacturer of laboratory equipment and specialised plastics, did not have a formal supply chain. The business and the mind-set of the company had already moved from one that used to sell products to one that manufactures and delivers complex solutions. I’m having lots of fun!

Manufacturing Procurement 60

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 60

ShipBob

OCTOBER 24, 2022

Demand forecasting helps the business make better-informed supply decisions that estimate the total sales and revenue for a future period of time. Demand forecasting allows businesses to optimize inventory by predicting future sales. Importance of demand forecasting for ecommerce. Types of demand forecasting techniques.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Supply Chain Shaman

SEPTEMBER 13, 2021

There is no true end-to-end solution that enables bi-directional orchestration across deliver, make, and source processes. The optimization routines single thread through functions not enabling trade-offs across source, make, and deliver. Order and shipment patterns are a good proxy for future demand. Why Should You Care?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195