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). Graph architectures also use different optimization technologies.

Optimal Sourcing 337

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 337

ToolsGroup

SEPTEMBER 26, 2023

It can ingest massive amounts of internal and external data and process it within the unique algorithmic engine to deliver easy-to-apply recommendations on how to optimize inventory levels, streamline supply chains, and maximize revenues. Retailers have long used business analytics to inform decision-making. How Does EvoAI work?

Prescriptive Analytics Software 296

Prescriptive Analytics Software ToolsGroup Supply Chain Planning Software Analytics Software 296

Logistics Viewpoints

JANUARY 22, 2024

But forced labor is even being used in the Chinese sea fleet and seafood detentions are occurring as well. In the case of goods detained from Malaysia, manufacturers in those countries were producing goods often made with ores that were mined and refined in Xinjiang. However, these regulations don’t have the same bite as the US law.

Supply Chain Optimization 233

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 233

Supply Chain Shaman

JANUARY 2, 2024

” As I write, I think about the ironies: We talk about the bullwhip, but we do not measure it or use it in driving optimization. We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. My question is “Will the work make a difference?”

Gartner 275

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 275

ToolsGroup

APRIL 17, 2024

Many brands are integrating AI into their customer relationship management (CRM) systems and enhancing customer experiences through multilingual content, optimized order management and continuous data refinement. While the excitement around AI is palpable, organizations are increasingly seeking proven use cases.

Supply Chain Design Software 156

Supply Chain Design Software Waste Reduction Supply Chain Planning Software Inventory Reduction 156

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

ToolsGroup

JULY 13, 2023

A significant addition to our Inventory Hub® product, Dynamic Fulfillment leverages advanced optimization logic to determine what to ship, from where, in real-time, to reduce shipping costs, improve margins, and satisfy empowered customers. This is why ToolsGroup is thrilled to announce the launch of our Dynamic Fulfillment solution.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

AIMMS

NOVEMBER 9, 2020

Specifically, we looked at three use cases for scenario modeling using our cloud-based IBP app. Use case 1: Initial emergency response. This use case is about responding to the crisis as it lands. Use case 2: Smart restructuring. Use case 3: Strategic response (long-term resilience).

Modeling 406

Modeling Scenario Planning Optimization Modeling Modeling Software 406

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Key elements include a focus is the use of the defense production act to improve accessibility of medicines to prevent drug shortages. But few define it with use.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

ToolsGroup

MARCH 24, 2021

Imagine what would happen if each station optimized its schedule and traffic independently: city-wide chaos would ensue. Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. This is no easy task.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

ToolsGroup

SEPTEMBER 13, 2023

The key lies in high performance inventory. Forward-looking supply chain professionals understand that inventory is not an end in itself; it’s a means – to enhanced customer service, increased profitability, and greater efficiency. What is High Performance Inventory?

Inventory Reduction 156

Inventory Reduction Resource Reduction Waste Reduction Supply Chain Planning Software 156

ToolsGroup

AUGUST 20, 2021

Looking for a relatively quick way to measure inventory health? “It Even though we’re talking about inventory, we first have to understand customer buying behavior—and how that then translates into inventory requirements.” This is different from problematic ABC inventory classification.

Modeling 317

Modeling Inventory Reduction Inventory Forecasting 317

Enterra Insights

OCTOBER 13, 2023

The Just-In-Time Supply Chain Model vs. Just-In-Case Supply Chain Model Several years ago, when the pandemic became a full-blown global crisis, most supply chains used the “just-in-time” model, which relies on resources and goods being available right when they’re needed. 3] Furthermore, the “just-in-case” supply chain model persists.

Modeling 130

Modeling Modeling Software Supply Chain Design Software Optimization Modeling 130

Logistics Viewpoints

MAY 11, 2023

In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Simulation is the most widely used benefit of a digital twin. Digital twins can also be used to optimize the placement of equipment and machinery, such as conveyors and pallet jacks.

Modeling 236

Modeling Analytics Software Supply Chain Design Software Optimization Software 236

Logistics Viewpoints

JUNE 19, 2023

However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security. For fulfillment to be efficient, a warehouse needs the right inventory located in the right slots in a warehouse. or better.

Supply Chain Design Software 237

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 237

Supply Chain Shaman

JULY 13, 2023

My remorse is the technologists and business leaders are replacing traditional optimization with newer models based on narrow AI, but not questioning the taxonomies or the current definitions of planning. My friends in Silicon Valley working with Venture Capitalists are all a-buzz with use cases. What Will Be the Value?

Optimal Sourcing 326

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Planning 326

ToolsGroup

APRIL 26, 2023

In this release, ToolsGroup introduces dynamic, real-time allocation and replenishment capabilities, as well as stock-mix optimization functionality. It also fully integrates JustEnough with the Inventory Hub® Dynamic Data Unification Platform. Version 2023.1 JustEnough version 2023.1 JustEnough version 2023.1

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Supply Chain Design Software Forecasting Software 156

Logility

MAY 31, 2023

The Optimization Advantages of a Redesigned Supply Chain Network Cost optimization is one of the most popular supply chain initiatives. When operating in an endless array of high-impact disruptions, global economic fluctuations, and sustainability concerns, focusing on costs alone will not save your supply chain.

Optimal Sourcing 130

Optimal Sourcing Modeling Network Design Software Network Optimization 130

Logistics Viewpoints

JULY 20, 2023

When you look at the real-time supply chain visibility market of several years ago, it was all about solving or addressing foundational use cases: Where’s my shipment? Now, not only must a real-time visibility platform deliver on these use cases, but we must help shippers understand the impact of ETAs and dwell times.

Real-time Visibility 132

Real-time Visibility Optimal Sourcing Inventory Reduction Supply Chain Visibility 132

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

Stord

APRIL 24, 2024

From improved customer experience to greater inventory planning and forecasting, AI promises to make all of our lives easier and reduce those all-too-common supply chain headaches. Ben Daugherty, Senior Account Executive Smarter Inventory Forecasting Historically, inventory forecasting has challenged most growing brands.

Supply Chain Planning Software 88

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Predictive Analytics Software 88

Supply Chain Shaman

NOVEMBER 21, 2023

It is also used to describe a situation where a person used by others for their own purposes. The focus of the discussion was how he was used as a pawn by his past dysfunctional management team. The analysis, based on network optimization assumed average loading, and did not account for the swings. Delay judgement.

Supply Chain Planning Software 325

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 325

Logility

SEPTEMBER 7, 2023

How AI powered demand planning solutions revolutionize the role of demand planners In today’s fast-paced and competitive business landscape, organizations are constantly seeking ways to optimize their operations and improve their supply chain. Find more about how planners use Logility in these customer use cases.

Supply and Demand 197

Supply and Demand Modeling Demand Planning Demand Planning Software 197

ToolsGroup

MARCH 15, 2023

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. Let’s examine how inventory management has evolved into inventory optimization so that companies can minimize inventory investment while still hitting service level targets and maximing proftability.

Inventory Reduction 156

Inventory Reduction Inventory Management Software Modeling Inventory Management 156

Logility

NOVEMBER 30, 2023

To truly overcome this common hurdle to adoption, business leaders must understand the difference between Generative AI and machine learning and know which use cases deliver the greatest-possible impact. Here are five pivotal use cases for AI adoption that can be achieved with DemandAI+ and InventoryAI+ solutions.

Supply Chain Planning Software 177

Supply Chain Planning Software Modeling Supply Chain Software Scenario Planning 177

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. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Viewpoints

MAY 26, 2022

It’s time to focus on how we innovate and optimize our businesses and operations in this permanently altered world. There are lively debates about the meaning and prioritization of scale, globalization, outsourcing, and inventory optimization. Challenges drive dramatic shifts in supply chain and logistics.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

Logistics Viewpoints

MAY 8, 2023

Traditionally, planning processes are designed to serve specific time horizons – sales & operations execution (S&OE) is used for short term horizon, sales & operations planning (S&OP) for the mid-term horizon, and integrated business planning (IBP) for long term strategic horizon. This is known as the “black box” problem.

Supply Chain Planning Software 196

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 196

ToolsGroup

APRIL 26, 2023

Connecting real-time inventory insights with merchandise planning applications enables truly dynamic retail planning. This not only improves the experience for customers but also optimizes business performance and supports sustainability objectives.” Want to learn more secrets to successful inventory management?

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

QAD

APRIL 23, 2024

An Introduction to How FTZ Software is Changing FTZ Management for the Better Foreign-Trade Zone (FTZ) management has a reputation for being complex, especially regarding inventory management. US Customs and Border Protection (CBP) requires precise inventory recordkeeping and control. That’s what we’ll be answering today.

Inventory Management Software 88

Inventory Management Software Analytics Software Optimization Software Supply Chain Software 88

Logility

MAY 5, 2023

Inventory strategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise.

Inventory Reduction 130

Inventory Reduction Vendor Strategies Resource Reduction Price Reduction 130

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. With the aid of automation technology, businesses are able to streamline inventory management and cost control.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

DELMIA Quintiq

JUNE 9, 2020

Manufacturing Operations Management (MOM) and Planning & Optimization are both critical parts of the optimal solution. Planning & Optimization Specifics: Planning, scheduling and optimizing production considering ALL constraints: material, capacity, labor skills, tools and setup.

Manufacturing Procurement 272

Manufacturing Procurement Optimization Software Supply Chain Optimization Price Mitigation Strategies 272

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Logistics Viewpoints

NOVEMBER 20, 2023

But one thing you notice as you go to omnichannel software vendor’s web sites and examine customer case studies, the case studies may talk about retailers growing their revenues by 100% or more, but none talk about how much profitability grew. First, the rules used to enable an OOM system can be staggeringly complex.

Omnichannel 226

Omnichannel Retail Cost Reduction Strategies Expense Reduction 226

RFgen

MARCH 27, 2024

For any business that handles materials or fixed assets, inventory control is central to operational efficiency and customer satisfaction. To manage inventory efficiently requires technology. However, efficiency and optimization only come from advanced inventory control software. It’s a delicate balancing act.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Resource Reduction Supply Chain Planning Software 75

Logility

NOVEMBER 9, 2022

Start your journey with the top six use cases for network optimization. And then a different but still ideal network for the following order – ideal in the sense of the optimal balance of cost, speed, risk mitigation, growth, customer satisfaction and meeting environmental, social and governance commitments.

Network Optimization Software 130

Network Optimization Software Network Optimization Modeling Optimization Modeling 130