ToolsGroup

JULY 28, 2021

But many supply chain practitioners don’t realize that the most common approach to supply chain planning–using a demand-driven forecast as the primary input to future planning–is just as passé. As I see it, this is a singularly frightening prospect for one simple reason: Your demand forecast is wrong.

Forecasting 296

Forecasting Supply and Demand Gartner How To 296

Logistics Viewpoints

AUGUST 4, 2022

If “the forecast is always wrong,” is improving forecast accuracy even the solution to our demand planning woes? Artificial intelligence and machine learning ( AI/ML ) can improve forecast accuracy, but a bigger problem is the failure to set accurate expectations around forecasting models, not the accuracy of the models themselves.

Supply and Demand 246

Supply and Demand Forecasting Forecasting Software Demand Planning 246

Logility

JULY 20, 2023

Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. To find the best solution for your business, you need the “what” and the “why”. What is demand planning software?

Supply and Demand 187

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 187

Supply Chain Shaman

MAY 15, 2020

Unlike the prior supply disruptions in my lifetime, there will not be a new normal. Instead, supply chain leaders face wave after wave of disruption until there is a vaccine. As a result, much of what we have learned as a supply chain best practice is no longer applicable. How does this affect supply chains?

Supply Chain Planning Software 494

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Planning 494

ToolsGroup

SEPTEMBER 18, 2023

We recently had the opportunity to sit down with Inna Kuznetsova, three-time winner of the Food Logistics and Supply & Demand Chain Executive’s Women in Supply Chain award. Over the course of her career, Inna has occupied multiple positions of leadership within the technology and supply chain arenas.

Gartner 296

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 296

Logistics Viewpoints

FEBRUARY 15, 2023

There are numerous indications that supply chain is more critical than ever. Results from The Conference Board’s C-SUITE OUTLOOK survey showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs.

Supply Chain Planning 198

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 198

ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Supply Chain Shaman

JANUARY 25, 2024

As product complexity increased, item forecastability decreased, and companies chased cost reduction. Less than 1% of companies in this value chain outperform their peer group. The industries in this value chain lack resilience. I hear this story a lot. The ERP upgrade cycle holds many of my clients hostage. What Is A Network?

Supply Chain Network Software 264

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 264

Logistics Viewpoints

MARCH 27, 2023

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Absolutely! This increases sales.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logility

SEPTEMBER 13, 2023

The supply chain technology landscape was rife with decades old code; month/year long projects and IT integrators were the norm to make the tiniest changes in the systems or parameters. Compare that to how long it takes to onboard to a supply chain planning tool! Almost none do. What about sales inputs?

Supply Chain Planning Software 155

Supply Chain Planning Software Forecasting Software Demand Planning Software Scenario Planning 155

ToolsGroup

JULY 6, 2023

It’s why our team and our solutions have earned the recognition of so many industry experts. It’s also why so many of our customers are eager to share their supply chain success – and have even won awards of their own in partnership with ToolsGroup! ToolsGroup has a long history of innovating with our customers in mind.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

Supply Chain Trend

APRIL 25, 2024

It is not new in supply chain management either. Lee’s uncertainty framework (2002) shows how segment your supply chain in demand streams and how to define your supply chain response to that. “ There is only one way to eat an elephant: a bite at a time.” It is not new in strategy.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 78

Logility

AUGUST 14, 2023

When it comes to implementing supply chain planning and operations solutions, success relies heavily upon an organization’s ability to identify and document its desired value measures and outcomes, and to align those with its solutions provider. 1 Co-develop a business case with vendors. 1 Co-develop a business case with vendors.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 202

Logility

NOVEMBER 30, 2023

Supply Chain AI has sparked considerable excitement, shock, and fear over the past year. Considering where most companies are in their Supply Chain AI journey, the mix of excitement and apprehension is no surprise. The primary reason for such a range of emotions stems from not knowing how to adopt AI advancements.

Supply Chain Planning Software 177

Supply Chain Planning Software Modeling Supply Chain Software Scenario Planning 177

Logility

JUNE 23, 2023

That’s precisely what demand forecasting feels like for many businesses today. Enter causal forecasting. Unfortunately, many companies hesitate to use causal forecasting, thinking it’s too complicated or resource-hungry. What is Causal Forecasting? That’s where causal forecasting comes into play.

Forecasting 192

Forecasting Forecasting Software Modeling Predictive Analytics Software 192

Logistics Viewpoints

APRIL 22, 2024

Mike Carroll, a vice president at Georgia-Pacific, and Ron Norris, director of innovation at GP While Generative AI has sparked great excitement, a form of artificial intelligence called Causal AI might offer much greater potential. Georgia-Pacific (GP) has demonstrated an application of Causal AI to dramatically improve touchless commerce.

Georgia 225

Georgia Optimal Sourcing Modeling Modeling Software 225

ToolsGroup

JUNE 29, 2020

Adding to this already uphill battle, we don’t have trustworthy new product forecasting methods because forecasting new products with no sales data is very hit-and-miss. Machine learning (ML) provides an effective weapon for your new product forecasting arsenal. Why is new product forecasting important?

Forecasting 428

Forecasting Forecasting Software Supply Chain Planning Software Modeling Software 428

Logility

MARCH 6, 2024

In an ever-evolving technological landscape, new potential explodes in the supply chain space daily. But how can you incorporate advanced analytics into your supply chain flow? Statistical analysis is a vital component of the supply chain. It uses historical information to make forecasts about the future.

Prescriptive Analytics Software 183

Prescriptive Analytics Software Analytics Software Predictive Analytics Supply Chain Planning Software 183

ToolsGroup

NOVEMBER 7, 2023

BOSTON — November 7, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, has announced the latest version of its JustEnough Retail Planning and Execution suite, making major advancements in its Assortment Planning and Allocation capabilities. JustEnough v2023.3

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

ToolsGroup

DECEMBER 2, 2021

There’s been a lot of change in how we view supply chain demand forecasting: we moved from a focus on supply—what and how much to supply or replenish—to the demand-driven supply chain, which placed too much emphasis on the intermediate goal of an accurate demand forecast.

Inventory Reduction 156

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 156

Logistics Viewpoints

SEPTEMBER 8, 2023

Then it occurred to me, why not talk about what I want to discuss? Logility , a provider of prescriptive supply chain planning solutions, announced it has signed a definitive agreement to acquire Garvis, a visionary SaaS startup founded in Antwerp, Belgium that combines large language models with AI-native demand forecasting.

Logistics Network Optimization Software 233

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 233

Supply Chain Shaman

JULY 15, 2021

The Supply Chain Leader In The Middle Of The Pandemic. While I was able to hug friends again at the wake and I will host my Supply Chain Insights Global Summit in September, the supply chain leader is only ½ way through the COVID-19 response. Today’s supply chains assume that logistics is readily available.

Supply Chain Design Software 367

Supply Chain Design Software Supply Chain Planning Software Price Reduction Forecasting Software 367

ToolsGroup

MARCH 16, 2023

We knew we could maintain and raise this level of service, limit waste, and improve profitability by adopting a solution that applies this innovative drive to our planning processes, streamlines collaboration, and increases forecast accuracy.”

Supply and Demand 156

Supply and Demand Forecasting Software Forecasting Supply Chain Planning Software 156

Logility

JUNE 2, 2023

In the intricate world of supply chain management, the accuracy of demand forecasting often serves as the cornerstone of business growth. Yet, despite its significance, demand forecasting continues to be a thorny issue for many businesses, particularly manufacturers. What is Demand Forecasting Accuracy?

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

QAD

AUGUST 29, 2023

The digital supply chain forecasting process is critical for any organization’s success. However, to achieve an accurate and effective digital supply chain forecasting process, it is essential to collaborate with both sales teams and suppliers. What Do Organizations Need to Focus on Data Collaboration?

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 95

Enterra Insights

JUNE 22, 2023

Supply chain professionals have always depended on forecasting to help them balance supply and demand. With the maturation of artificial intelligence (AI) systems, predictive analytics have grown in importance. The difference between traditional forecasting and predictive analytics is granularity.

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130

Supply Chain Shaman

JULY 30, 2022

My question is, “Why?” ” I am a fan of the fiv e why methodolog y to understand the root cause of an issue. Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Shaman

SEPTEMBER 10, 2020

For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Supply is the challenge. As I methodically pivoted the roller to apply the stain, I made quite a mess.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

Logistics Viewpoints

JANUARY 12, 2024

As a New England Patriots fan, this season was certainly disappointing, as everything seemed to go wrong, except for landing a top-3 draft pick in 2024. In a move that was not surprising, but still seems so wrong, the Patriots and legendary coach Bill Belichick mutually agreed to part ways. But this is not the only major split this week.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

Logistics Viewpoints

AUGUST 18, 2022

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 Emerge, and looks at how to create full truckload budgets in a volatile market. The Underlying Reasons Behind FTL Budget Inaccuracies.

Forecasting 216

Forecasting Purchasing Skills Exercises Scenario Planning 216

Supply Chain Shaman

SEPTEMBER 5, 2022

Thirty-one months of supply chain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. While many old-fashioned supply chain leaders speak of Risk Management and the need for Control Towers.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

ToolsGroup

FEBRUARY 28, 2023

At ToolsGroup, we spend a lot of time working and partnering with our customers to overcome their top supply chain challenges. That’s why we eat, sleep, and breathe innovation and never stop looking for ways to help our customers get the most out of their partnership with us and make their supply chains a force for good in the world.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

Logility

JULY 9, 2021

Will your ERP accommodate your complex supply chain planning requirements? This is a big question executives have been faced with over the last year as resilience and sustainability have become increasingly important. Logility is Fit for Purpose and Addresses Supply Chain Needs Head On.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply and Demand Supply Chain Software Optimal Sourcing 207

Supply Chain Shaman

MAY 1, 2023

This includes digital supply chain transformation and Enterprise Resource Planning (ERP) upgrades. We find that companies with an analytics center of excellence drove progress faster than those with a supply chain center of excellence. The operating strategy defines the flows of the supply chain.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

Supply Chain Shaman

FEBRUARY 22, 2021

To understand why dissatisfaction is increasing, I have been doing some visual facilitation with a cross-set of business leaders to gain insights. To understand why dissatisfaction is increasing, I have been doing some visual facilitation with a cross-set of business leaders to gain insights. I want to break this cycle.

Supply Chain Planning Software 206

Supply Chain Planning Software Supply Chain Planning S&OP Scenario Planning 206

ToolsGroup

FEBRUARY 10, 2022

As the supply chain crisis enters yet another year, demand volatility continues to reach unprecedented heights. Let’s take a look at what demand shaping is and why it could be critical to your supply chain. The answer is, both yes and no. What Is Demand Shaping?

Inventory Reduction 156

Inventory Reduction Modeling Price Reduction Waste Reduction 156

Logistics Viewpoints

FEBRUARY 16, 2021

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. What is supply chain visibility?

Supply Chain Visibility 284

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 284