Supply Chain Shaman

NOVEMBER 9, 2023

The supply chain space is heavily laden with acronyms, gobbledygook, false narratives, and over-hyped, fast-talking technology sales teams. “At the Digital Supply Chain event at SAP. Traditionally, the definition of end-to-end supply chain planning meant: Forecasting based on order or shipment patterns.

Optimal Sourcing 379

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 379

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Such sourcing events can be in the context of direct materials or logistics capacity.

Optimal Sourcing 190

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 190

Supply Chain Shaman

MAY 26, 2023

The basic frame of supply chain planning–functional taxonomies for optimization on a relational database–must be redesigned before supply chain leaders can reap the benefit of deep learning, neural networks, and evolving forms of Artificial Intelligence (AI). ” I don’t think so. I term this our data jail.

Optimal Sourcing 362

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 362

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

ToolsGroup

MAY 30, 2018

The growing momentum around systems-based thinking in supply chain planning has given rise to a new concept called the “digital twin”. There has been a lot of discussion around this topic lately and I wanted to offer a few insights, including around the importance of the data model in high-quality decision making using digital twins.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Viewpoints

APRIL 7, 2022

My recent conversations with the supply chain practitioners are dominated by supply chain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Even companies that serve markets and rely on supply chains that are not directly affected by the conflict are starting to feel the effects of the war.

Supply Chain Design Software 242

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 242

ToolsGroup

MARCH 17, 2020

With supply chain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions. As COVID-19 continues its malevolent spread around the world, concerns grow regarding the continued impact on supply chains and business continuity.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

ivalua

JANUARY 31, 2022

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . View Webinar Replay.

Predictive Analytics Software 130

Predictive Analytics Software Optimal Sourcing Procurement Sourcing Strategies 130

Supply Chain Shaman

JUNE 9, 2023

The discussions included the pros and cons of probabilistic versus deterministic optimization, advancements in Artificial Intelligence (AI) and Deep Learning, and improvements in Machine Learning. In Figure 1, I share a supply chain planning taxonomy or what I lovingly term an old-fashioned jalopy. Let me explain. Is the plan feasible?

Optimal Sourcing 336

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 336

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. Contains fewer steps.

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Precoro

JANUARY 29, 2024

Escalating expenses associated with rising prices of raw materials, finished goods, third-party services, and labor along the entire supply chain expose businesses to a heightened threat of margin reduction. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

ivalua

NOVEMBER 14, 2019

Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Accurate supplier master data (SMD) is essential for procure-to-pay (P2P) automation, accuracy and analytics, but connecting data to users and systems sometimes gets bumpy.

Optimal Sourcing 113

Optimal Sourcing Optimization Software Modeling Optimization Modeling 113

Supply Chain Shaman

APRIL 15, 2020

My last post on the Supply Chain Shaman blog was forty-five days ago. My first focus was on China sourcing. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. As we moved into our new roles, for all supply chains, demand shifted.

Supply Chain Planning Software 459

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 459

Logility

AUGUST 15, 2023

Smarter, Not Harder: How to Climb Every Peak in Supply Chain Planning Supply chain planning is like a grand mountaineering expedition. But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. Take, for example, PVH.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

ToolsGroup

DECEMBER 10, 2019

It’s been an interesting decade for supply chain: just when you think things can’t get any crazier, a new extreme weather event, political drama or tech start-up pops up, disrupting entire industries. A major theme at the recent Gartner Supply Chain Planning Summit was that corporate winners accelerate through economic turns.

Modeling 156

Modeling Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 156

ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. To address these challenges, supply chain professionals must adopt advanced forecasting methods. What is Demand Forecasting? What are the Benefits of Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Logistics Viewpoints

APRIL 18, 2023

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article comes from the team at Coupa and explores an agile and resilient supply chain. Over the next decade, supply chains will undergo fundamental changes.

Agile and Lean Supply Chain 212

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 212

Logistics Viewpoints

JULY 22, 2021

In general, S&OP consists of a New product review, Demand Review, Supply Review, Management Review and some level of reconciliation between these steps. The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process.

S&OP 247

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 247

QAD

MARCH 6, 2024

One of the main goals of every Supply Chain today is balancing efficiency, resilience and agility. Enterprises need to seamlessly optimize these three challenges for effective customer service. Accurate forecasting models become ever more critical to meet customer demand as companies add more product lines and the value chain expands.

Supply and Demand 52

Supply and Demand Modeling Forecasting Sourcing Strategies 52

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply Chain Planning Software 84

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 84

ToolsGroup

SEPTEMBER 20, 2022

Kuznetsova is among the supply chain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supply chain network. Her success as a leader both reflects and propels women’s advancement not just in supply chain, but in the professional world in general.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 156

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. Buying forward may distort demand and induce a “bullwhip effect.”. Business model strategies.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. ” Sound familiar?

Manufacturing Procurement 397

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 397

Taulia

APRIL 5, 2023

The right approach to supply chain management can bring about significant operational advantages. Aside from the primary benefits, like ensuring customer orders are fulfilled on time, a well-managed supply chain can be the driving force behind operational efficiency and actively protect against supply chain risks.

Modeling 52

Modeling Material Savings Modeling Software Optimization Modeling 52

Logistics Viewpoints

MARCH 8, 2021

Belcorp’s Maturity in Supply Chain Design. Belcorp Corporation has actively worked to be a leader in ensuring that their people can effectively use a complex type of software known as supply chain design. It requires a company to further leverage the supply chain design philosophy. Logistics can be a challenge.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 257

QAD

JUNE 29, 2021

In their list of common nightmare scenarios to try to prepare for, few procurement leaders could have predicted the business disruptions of 2020. Difficulties or delays in changing the operating model. Three steps to achieve improved sourcing and procurement via ERP are: . Obstacles to Digital Transformation.

Optimal Sourcing 92

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Prescriptive Analytics Software 92

ivalua

NOVEMBER 27, 2019

If you have ever read an article about Procurement best practices, you know that a very small minority of teams are categorized as leaders and an equally small minority are considered laggards. So what does “good” strategic sourcing look like? Good” strategic sourcing…. Doug Keeley, Product Marketing Manager, Ivalua.

Negotiating Skills 147

Negotiating Skills Optimal Sourcing Sourcing Strategies Sourcing 147

Logistics Viewpoints

APRIL 3, 2023

IBP is a collaborative process involving diverse business functions that is designed to balance demand against supply in a manner that maximizes the goals of that company. This is, at many companies, a month-long process that produces a supply chain plan that spans out over several months – often 24 or 36 months.

Supply Chain Planning Software 254

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 254

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Waste Reduction Vendor Strategies Optimal Sourcing 130

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Waste Reduction Vendor Strategies Optimal Sourcing 130

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Vanguard Software

MARCH 26, 2021

Supply chain costs account for a significant percentage of the final product cost. Besides raw material costs, logistics can account for anything between 5% and 50% of the total product cost , depending on where products are sourced, their value, and the shipping methods. Demand Planning & Forecasting for Retail.

Optimal Sourcing 52

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 52

EC Sourcing Group

JULY 26, 2022

These diagnostic analyses help businesses predict market trends, optimize global supply chains, to make quicker, strategic decisions to pursue financial opportunities. Analytic techniques include data mining, eSourcing software , semantic analysis, complex event processing, predictive modeling, and other business data examinations.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Predictive Analytics Sourcing Strategies 52

Pivot88

JULY 14, 2021

The role of procurement officers is changing and becoming increasingly critical for organizations. The role of procurement went from having the main objective of driving costs down to developing the key to a strategic organization. Drive Business Growth Through Optimization & Integration. Shorten Lead Times. Minimize Waste.

Optimal Sourcing 52

Optimal Sourcing Modeling Optimization Modeling Modeling Software 52

TransAudit

JUNE 27, 2023

The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. In the realm of supply chain management, machine learning’s capabilities are indispensable. Regular checks and audits of supply chain information are necessary.

Optimal Sourcing 68

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 68