Supply Chain Shaman

SEPTEMBER 13, 2023

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.” The issues are largely rooted in politics and the lack of clarity on supply chain excellence. Or planned orders to purchase orders?) Clear mission.)

Supply and Demand 389

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 389

Logistics Viewpoints

MARCH 9, 2023

The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable. Big data is used to understand a customer’s propensity to buy, the tendency to return, conversion of clicks to orders, demand sensing signals, individualized promotions, etc.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

Logistics Bureau

DECEMBER 4, 2023

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Logistics Viewpoints

MARCH 29, 2021

They view their implementation of a tightly integrated suite of applications delivered in a public cloud infrastructure from Oracle as a platform on which they can build to help drive continuous innovation. HWI uses an innovative way to produce and deliver monolithic products in 55-pound bags. HWI employed a crawl-walk-run methodology.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Supply Chain Shaman

JUNE 28, 2021

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. The organization is not clear on the role of the forecast. In discussions, the role of the forecast and the budget are intertwined without clarity.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 238

Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Lockdowns and Disbelief.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow. Technology invention is happening, but the translation to innovation is slow.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

JULY 25, 2021

Let’s start with honesty and a focus on process innovation. 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. Few measured projects against improved results.

Procurement Analytics 370

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

ToolsGroup

NOVEMBER 4, 2022

It’s possible that in the meantime, consumers have gone elsewhere to make their purchases, and demand has diminished before you could capitalize on it. In fact, when a store is out-of-stock for an item they planned to buy, 21% of consumers will leave and buy the item from a competitor. Inaccurate Demand Forecasting.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

Silvon Software

APRIL 18, 2024

These tools enable organizations to quickly turn insights into actions with strong stakeholder buy-in while accelerating the execution of strategies across the business and the attainment of an organizations’ objectives. For example, using forecasting models to predict quarterly sales and adjust marketing spend accordingly.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Supply Chain Shaman

JANUARY 31, 2022

A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. So, we began the discussion. Mandatory ROI on IT Investment.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Supply Chain Shaman

JUNE 21, 2023

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. The company’s focus on item proliferation resulted in 40% of items moving into a non-forecastable category. Demand latency is the time cycle to translate a channel purchase to an order.) My bet is on the emerging tech.

Gartner 365

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 365

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. I forecast that this interest will grow and the market is going to become more confusing. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Kinaxis Purchase of Rubikloud.

Supply Chain Design Software 312

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 312

Logistics Viewpoints

DECEMBER 14, 2021

Millions of shoppers, like my Dad, are not going back to their old habits because there are now faster and more convenient ways for buying daily household needs. It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. Crowdsourcing of Drivers and Rider Forecasting. Route Optimization.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

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 231

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 231

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. It is a story of supply chain innovation. The initial software product release name was Real-Time Forecasting. Let’s start by taking a look at history.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

FEBRUARY 7, 2022

A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. So, we began the discussion. Mandatory ROI on IT Investment.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

MAY 11, 2023

Specifically, through modeling and simulation of a digital twin you’re able to ‘virtually try before you buy’ — modelling different scenarios quickly and easily without interrupting operations, or committing significant time and capital. Do they purchase a 3D warehouse simulation and modeling tool?

Modeling 236

Modeling Analytics Software Supply Chain Design Software Optimization Software 236

Supply Chain Shaman

FEBRUARY 14, 2022

Tight coupling of the supply chain forecast to the financial forecast will improve value. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Even when I proved that the process was degrading the forecast by 35-60%, companies still clung to a wrong number. Don’t believe me?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

ToolsGroup

NOVEMBER 17, 2021

We are relentlessly focused on product availability excellence for the builders, retailers, and service professionals we serve every day,” said David Collier, POOLCORP’s VP of Operations and Supply Chain. “In That’s why global leaders like Absolut, BP and Harley-Davidson rely on us year after year.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 156

ThroughPut

APRIL 6, 2020

This keeps them from creating smooth, synchronized and responsive supply chain plans to achieve the desired operational excellence. The next step is demand management which is the process of forecasting or predicting the future demand to ensure goods and services can be accurately delivered based on the needs. Demand management.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

This keeps them from creating smooth, synchronized and responsive supply chain plans to achieve the desired operational excellence. The next step is demand management which is the process of forecasting or predicting the future demand to ensure goods and services can be accurately delivered based on the needs. Demand management.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ToolsGroup

OCTOBER 20, 2015

Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. And last year Costa Express won the “Technology” category award at the European Supply Chain Excellence Awards , also a top honor.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 120

Stord

APRIL 4, 2022

Leading supply chain professionals and innovative brands are continuing to push the industry forward. Some companies still are even using manual processes with Excel spreadsheets to track their inventory! Specifically, what are some of the use cases and applications of technology that will have the biggest impact over the next years?

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Analytics Software 78

Logility

JANUARY 26, 2024

Scott Abbate, Senior Vice President of the Center of Excellence at Logility, predicts, “Organizations that have embraced this strategic approach will enjoy incremental sales, market share growth, and best-in-class on-time, in-full service. Stepping into prominence is decision-centric planning, marking a profound change in perspective.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. The budget is not sufficient and is often a detrimental input for supply chain forecasting. The supply chain forecast is a rolling forecast.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. The Company implemented SAP Advanced Planner and Optimizer (APO) including the standard functionality of Demand Planning (DP), Supply Network Planning (SNP), and Production Planning and Detailed Scheduling (PPDS), yet many planners also used Excel.

Demand Planning Software 256

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 256

Logility

AUGUST 12, 2021

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. Planting the Seeds for Success.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Enterra Insights

SEPTEMBER 30, 2022

One retail sector that witnessed a dramatic rise in online purchases during the pandemic was the grocery sector. Analysts from Chicory note, “The grocery shopper’s path to purchase from digital to in-store and other online environments has always been obscure.”[2] The Omnichannel Consumer. during 2020. ”[3].

Omnichannel 130

Omnichannel Retail Eliminating Excel in Purchasing Supply Chain Planning Software 130

SCMDOJO

FEBRUARY 20, 2023

To get ahead in today’s competitive marketplace, distributors must remain on the cutting edge of innovation and stay up-to-date on new developments. This involves understanding customer buying behaviour trends, seasonal variations, production schedules, and more. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 102

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 102

Logility

JULY 21, 2022

The pure play smart sustainable buildings company is always focused on innovative solutions that make things smarter, safer and healthier, as well as more cost-effective, sustainable, and secure. In most cases, companies produce a widget and get revenue from it immediately after the purchase transaction.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 173

ThroughPut

APRIL 30, 2024

The platform is designed to enhance inventory management and provide accurate demand planning and forecasting, crucial for optimizing supply chain efficiency. It helps address disruptions and promotes innovation. The platform primarily helps predict demand and improve customer experience.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

ThroughPut

MAY 16, 2024

Note that supply chain optimization goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. These innovations have truly triggered an innovative collaboration between partners, distributors, and suppliers that extends well beyond the physical/virtual walls of the enterprise.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Supply Chain Shaman

FEBRUARY 18, 2021

This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Initially, the output was published to procurement to design strategic buying strategies. Procurement: Purchase price variance and procurement cost. Demand Planning: Forecast Value Added (FVA) and shifts in baseline demand.

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 292

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In our Q&A, Shahzaib discussed predictive AI, which is used for supply chain disruption monitoring, hurricane simulators, commodity predictions, supplier screening, and predictive purchase orders.

Predictive Analytics Software 91

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 91