Logistics Viewpoints

APRIL 11, 2024

I’ll describe three of the top areas: seamless collaboration, improved forecast accuracy embedded in the supply chain workflow, and disruption response. Historically these roles are siloed, focused on their own functional metrics. Had we forecasted that, we would have built a different supply chain.”

Pharmaceutical 231

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain 231

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . Demand forecasting can be a game changer in today’s volatile environment. Infact, according to McKinsey , applying AI-driven demand forecasting to supply chain management can cut down errors by 20-50% and this helps reduce lost sales by 65%.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

Time to products restocking, automating repeat purchases could be made simpler by enabling a customer inventory demand to forecast while big data analytics enable real-time focus and simultaneous analysis of diverse data streams generating valuable information for forecasting and planning. 2020), Impact of Industry 4.0

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Shaman

JULY 25, 2021

Another misconception is that enterprise resiliency only started to decline in 2020 with the pandemic. 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. The reason?

Procurement Analytics 370

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

ThroughPut

JULY 6, 2021

Thriving In ‘The New Normal’ With 5 Demand Planning & Forecasting Methods. Businesses around the world are pondering upon these questions and each of them leads to a simple answer – effective supply chain demand planning and forecasting. Most manufacturers prefer to leverage analytics data over traditional forecasting methods.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

The Logistics & Supply Chain Management Society

JULY 23, 2020

Most of the current repetitive processes like (forecasting, reports, purchase orders & Invoicing) will be automated using various technologies. This year (2020) when they cancelled the Tournament, they stand to get 144 mil $ from Insurance company. LogiSYM Supply Chain Magazine – July 2020. – LogiSYM July 2020.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Supply Chain Shaman

APRIL 9, 2021

Commercial and operating teams in manufacturing organizations greater than 5B$ in annual revenue were more aligned in 2007, at the beginning of the recession, than in 2020, the start of the pandemic. Focus on functional metrics without alignment to a balanced scorecard to drive value. Alignment Barriers. Over the decade, the gaps grew.

Supply Chain Planning Software 363

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 363

Supply Chain Shaman

FEBRUARY 14, 2022

Tight coupling of the supply chain forecast to the financial forecast will improve value. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Organizations can align to drive value despite the allegiance to functional metrics. Why do we have 32 days more inventory by company in 2020 than in 2007?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

JUNE 28, 2020

This week, E2open published its annual report on forecast accuracy. Hold yourself accountable for Forecast Value Added on each stream. Shift functional metrics to focus on reliability. 1] E2open study on Forecasting, June 2020. Management of Complexity. Take the following steps: Manage demand as a river.

Cost Reduction Strategies 432

Cost Reduction Strategies Inventory Reduction Supply Chain Design Software Modeling 432

Logistics Viewpoints

DECEMBER 14, 2021

More than 30 Q-Commerce companies are currently operating in Europe, and half of them were founded very recently, in 2020. A McKinsey research from July 2020 found that during the pandemic, 75% of shoppers have switched between the brands they frequently shop from.”. Crowdsourcing of Drivers and Rider Forecasting.

Supply Chain Planning Software 193

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

Logistics Viewpoints

SEPTEMBER 20, 2022

“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supply chain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Step 4 – Closing the Loop and Getting Real-time Visibility.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Arkieva

JANUARY 27, 2017

While it is nice to envision supply chains in 2020 or 2030 the truth is; for many manufacturing businesses, discussions about future supply chain innovations, often leads to a “yeah.right,” smirk by supply chain executives – this with good reason. Improving Forecast Accuracy. Determine the Metrics That Matter. Source: Arkieva.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 60

ToolsGroup

MAY 4, 2020

BOSTON (May 5, 2020) ToolsGroup, a global leader in supply chain planning software, today announced a new online COVID-19 Supply Chain Action Center and resources to help companies quickly respond to Coronavirus risks and speed supply chain recovery. The team is currently working on short-term forecasting.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply Chain Disruption Supply Chain Software 120

Supply Chain Shaman

JANUARY 31, 2022

A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Beating the growth forecast and improving margins drove lucrative bonus programs. Focus on Cost. A Decline in Innovation.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Supply Chain Shaman

FEBRUARY 7, 2022

A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Beating the growth forecast and improving margins drove lucrative bonus programs. Focus on Cost. A Decline in Innovation.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

IQMS

JANUARY 8, 2021

One of the most valuable lessons learned over the last nine months of operating during the pandemic was getting visibility into revenue and product forecasts early and often and making sure shop floors could flex to changes in demand fast. These factors and more are driving greater ERP adoption from the shop floor to the top floor.

Forecasting Software 118

Forecasting Software Supply Chain Planning Software Supply Chain Design Software Real-time Visibility 118

GlobalTranz

NOVEMBER 8, 2018

E-commerce spending will surpass $4 trillion annually by 2020, reports eFulfilmentService, accounting for approximately 15 percent of total global retail spending. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. Get Your Free White Paper Today.

Analysis 151

Analysis Data Forecasting Software Forecasting 151

ThroughPut

JULY 24, 2022

In 2020, the strongest players started rethinking their planning strategies. Key enablers of this approach are real-time scenario identification and evaluation, artificial intelligence enabled demand forecasting, financial planning, and supply chain planning. Retail supply chain software that creates better demand signals.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Software Forecasting Software Optimization Software 96

Logistics Bureau

DECEMBER 20, 2021

The one thing they all have in common is that, under the right circumstances, they are more than merely valuable metrics. The inventory turns KPI is the metric that provides this information. Here’s an example of the total calculation of inventory turns: Company A has COGS of $315 million for the year 2020. 1: Inventory Turns.

Inventory Reduction 76

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 76

DELMIA Quintiq

JUNE 21, 2021

In this new, connected world, the Warehouse of the Future is about achieving key operational metrics and exceeding customer service requirements more profitably while supporting sustainability goals. billion in 2020 and is projected to reach USD $14.18 billion by 2026.

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 156

Supply Chain Game Changer

JANUARY 29, 2020

The IMO’s (International Maritime Organization) new Sulphur regulations, IMO 2020, will have far-reaching consequences for the global trade community. IMO 2020: The basics, the challenges, and how to lessen its impact on you. What is IMO 2020? Sulphur cap). To reduce this pollution IMO has passed the regulation that puts a 0.5%

Cost Reduction Strategies 67

Cost Reduction Strategies Virgin Islands Price Reduction Inventory Reduction 67

Logistics Viewpoints

FEBRUARY 3, 2022

If it has, newer AI-powered forecasting approaches can improve demand estimates, providing planners inputs into how persistent that change will be using demand sensing. Biopharmaceutical company Ipsen avoided any stockouts in 2020, in spite of up to 70% demand spikes, transportation constraints, and temporary factory shutdowns.

Inventory Reduction 290

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 290

o9 Solutions

APRIL 21, 2020

o9 Solutions April 14, 2020 Retail Planning Solutions Integrated Merchandise Planning Digital age solutions that add amazing visibility, speed and intelligence to your product innovation related decision making processes. o9 Solutions April 14, 2020 The post Replenishment Planning appeared first on o9 Solutions.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Planning 52

Supply Chain Matters

FEBRUARY 22, 2024

We crossed $100 billion in eCommerce sales and drove share gains as our customer experience metrics improved, even during our highest volume days leading up to the holidays.” The prior metric of 98 percent OTIF established in 2020 is now reportedly 90 percent on-time and 95 percent in-full.

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

The Logistics & Supply Chain Management Society

MAY 18, 2021

In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020,” according to Morgan Stanley report in June 2020. Analyzing real-time insights and historical performance using AI, delivers key metrics on availability and service levels.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

DynaSys

FEBRUARY 3, 2021

As of September 2020 the greatest percentage of CEOs (42%) believe that the global economy will experience a 1 – 2 year recovery, with 32 percent projecting a longer L-shaped recovery. But if your company has relied just on historic sales data for forecasting, it is likely that the pandemic crisis has given you a rude awakening.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

ToolsGroup

APRIL 1, 2022

In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). higher than 2020. As of 2020, only 12% of semiconductor chips were made in the United States. (

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Locus Robotics

JANUARY 2, 2024

Automation for Peak and Beyond Since 2020, there has been a significant evolution in the nature of peak periods and bid times. Locus Robotics for example offers the LocusOne solution, with which it is possible to provide operators with relevant and actionable operational and management planning metrics.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

QAD

JULY 28, 2022

Episode #10: Maps & Metrics. In addition, she is an ASQ fellow, a Shainin medalist, was named a “Notable Woman in Manufacturing” by Crain’s Detroit Business in 2018, and in 2020, was inducted into the Women in Manufacturing Hall of Fame. ” Episode #7: Reflections of the Auto Supply Chain Prophets.

Agile and Lean Supply Chain 96

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 96

Locus Robotics

JANUARY 2, 2024

Automation for Peak and Beyond Since 2020, there has been a significant evolution in the nature of peak periods and bid times. Locus Robotics for example offers the LocusOne solution, with which it is possible to provide operators with relevant and actionable operational and management planning metrics.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Logistics Viewpoints

MARCH 31, 2022

We wanted to see inventory positions around the world compared to our forecast, compared to our actual demand. Warehouse operations are tied to a probabilistic demand forecast, but able to react to changes quickly and automatically. billion in 2020 to $15.79 Warehouse Robotics. billion by 2030 — an annual growth rate of 13.2%.

Logistics Network Optimization Software 206

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 206

Enterra Insights

JULY 28, 2020

.”[2] The explain, “Traditional supply chains, reliant on manual processes, simply cannot keep up with the pace of today’s market; the processes for balancing inventories and forecasting used ten years ago are quickly overwhelmed. ” Sprint Logistics Blog, 27 March 2020. [3] ” Logility Blog, 17 June 2020. [5]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

Unleashed

JUNE 23, 2021

2021 has been a tumultuous year, marking a transition period from the chaos of 2020 through to the beginning of the post-Covid-19 recovery. Inventory forecasting. However, 2020 marked a slowdown for IoT adoption rates due to the COVID-19 pandemic, according to the International Data Corporation. Inventory forecasting.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Enterra Insights

AUGUST 14, 2018

” Metrics Definition. “The organization needs to be clear on the metrics that matter and the alignment of vertical silos’ metrics to the balanced portfolio. “Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Prescriptive Analytics Software Supply Chain Planning 100

Enterra Insights

NOVEMBER 24, 2020

As we try to put 2020 behind us, we need to grasp that it is a whole new game. He writes, “Demand-sensing capabilities improve forecast accuracy and cut inventory. “Collaboration is about bringing the right stakeholders together, in real-time, to evaluate alternative scenarios against your most important corporate metrics.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning 100

The Logistics & Supply Chain Management Society

MAY 18, 2021

In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020,” according to Morgan Stanley report in June 2020. Analyzing real-time insights and historical performance using AI, delivers key metrics on availability and service levels.

Agile and Lean Supply Chain 147

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Modeling 147

Arena Solutions

APRIL 4, 2023

1 In 2018, the three engineering disciplines producing the most degrees were, mechanical engineering, with 31,936 degrees, computer science with 19,082 degrees, and electrical engineering with 13,767, 2 And in 2020, 199,790 degrees in engineering were awarded in the U.S. Breaking it down In the U.S. 3 What’s the allure?

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73