Remove 2022 Remove Continuous Improvement Remove Forecasting Remove Sourcing
article thumbnail

Consider Profitability in Your Order Promising and Improve Financial Outcomes 

Logility

Source: Logility, 2022. The solution checks against available stock plus capacity, material availability, alternate sourcing scenarios, and other constraints as needed. Source: Logility, 2022. Here are some key advantages of an automated order promising solution: Improved customer satisfaction.

article thumbnail

One Multinational’s Supply Chain Transformation Journey

Logistics Viewpoints

They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. The company also needs to drive cash efficiency and improved productivity. Being able to look at a service failure and get down to root causes is necessary for continuous improvement. But even multi-sourcing is not enough.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

INTERPHEX 2023: Finding Contract Pharma & BioPharma Manufacturing & Supply Chain Efficiencies

QAD

As part of evaluating current capacity needs, leading CMOs are implementing digitized workforce solutions, automating manufacturing processes, and streamlining quality control and continuous improvement initiatives. This includes building new facilities, upgrading existing ones, and investing in new equipment and technology.

article thumbnail

ThroughPut Inc. Announces New AI-powered Financial Capabilities to Grow Bottom Lines Despite Market Disruptions and Supply Chain Uncertainties?

ThroughPut

PALO ALTO, CA, September 29, 2022 /PRNewswire/ — ThroughPut Inc. , The latest AI-powered software empowers businesses with a bird’s eye view of finances at the business unit and organizational level to identify those improvements in specific areas that can drive greater profitability and SKU-level contribution margins.

article thumbnail

What is Lead Time? Definition & How to Shorten It

Unleashed

Production lead time considers multiple steps in the production process, including: Planning Sourcing raw materials Manufacturing Quality control Assembly Delivery Production lead time factors in the time spent on the physical manufacturing steps and also any potential delays that might arise.

article thumbnail

Confused About What to Do? Try Prescriptive Analytics.

Enterra Insights

Business leaders are not immune to this curiosity; however, their methods for divining the future generally involves gathering smart people together to perform what-if analysis, identify trends, and produce forecasts. This will grow to 37% by 2022.”[4]. ”[4]. Prescriptive analytics in marketing and sales.

article thumbnail

The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

In February 2022, I wrote the first of a five blog series using the name Intelligent IBP. The launch of a Decision Intelligence (DI) definition by Gartner later in 2022 further cemented my believe that this new discipline will become mainstream. Things like forecast accuracy, DIFOT, inventory holdings, schedule adherence.