Supply Chain Matters

JANUARY 11, 2023

Supply Chain Matters provides highlights of the World Bank ’s latest global economic forecast which points to a sharp, long lasting downturn in the global economy. A reinforcement of that message was provided this week with the World Bank significant lowering its forecast for the global economy in 2023. is forecasted to be 0.5

Forecasting 52

Forecasting Global Indonesia Supply Chain Planning 52

Enterra Insights

FEBRUARY 22, 2022

AI and ML systems, for example, enable scenario planning, demand forecasting, inventory positioning and overall greater awareness. He told Scimeca, “In 2022, I predict the industry will see an influx of investment in automation and digitization. ”[6]. ” Rise of the Smart Factory. ” Digital Twin Adoption. .”

Manufacturing Procurement 130

Manufacturing Procurement Trends Manufacturing Predictive Analytics Software 130

Enterra Insights

AUGUST 5, 2022

Retail journalist David Moin writes, “With steeper promotions and smaller gains anticipated, the 2022 holiday season will be a far cry from last year’s.”[3] … However, if shippers under or overestimate their forecasted capacity requirements, they could incur a penalty from carriers. ”[6]. Power agrees.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. 2022 was, undoubtedly, another tough year with many disruptions happening outside the four walls of enterprise – extreme weather, natural disasters blocking access to resources, port or border congestion delaying transit, panic buying artificially inflating demand, suppliers going out of business.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

ToolsGroup

SEPTEMBER 20, 2022

20, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, is proud to announce that CEO Inna Kuznetsova has been selected as a recipient of the Supply & Demand Chain Executive 2022 Women in Supply Chain award. BOSTON — Sept.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 156

NC State SCRC

DECEMBER 15, 2022

Moreover, Amazon refused even to discuss the situation in good faith with Gilimex, locking Gilimex’s CEO and management team out of Amazon’s headquarters in North Reading, Massachusetts after the Gilimex team had traveled thousands of miles from Vietnam for a meeting.” What happened? Mistakes happen.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

ToolsGroup

JULY 6, 2023

FeaturedCustomers 2023 Market Leader in Demand Forecasting Software MAY 2023 – FeaturedCustomers has named ToolsGroup a Market Leader in the Demand Forecasting Software category in its Spring 2023 Customer Success Report. ToolsGroup has also been named a FeaturedCustomers 2023 Top Rated Software and Hot 100 Vendor.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

ivalua

NOVEMBER 8, 2022

On August 9th, 2022 the US CHIPS and Science Act, now more commonly known as the CHIPS Act, was passed into law. 2022) Source. To meet the growing demand, Chip producers need a solution to effortlessly manage supplier relationships, track product performance, and manage their supply chain. According to 2020 data, the U.S.

Manufacturing Procurement 223

Manufacturing Procurement Manufacturing South Korea Supply Chain Planning Software 223

ToolsGroup

AUGUST 12, 2022

2022’s Top Omnichannel Retail Trends. Omnichannel is king in 2022. . According to Deloitte , 96% of retail executives believe consumers want a seamless experience across channels in 2022. To meet these expectations, retailers are implementing buy online, return in-store (BORIS). Inventory Visibility.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

BlueYonder

MAY 19, 2022

ICON 2022 is less than a month away! Blue Yonder’s Wayland Fox, Senior Marketing Director, sat down with Rachael Kennedy, Senior Process Manager, at L.L.Bean recently to discuss her role on Blue Yonder’s Special Interest Groups (SIGs), what she enjoys most about being part of a SIG, and why customers should attend a SIG meeting at ICON 2022.

Supply Chain Network Software 52

Supply Chain Network Software Forecasting Software Demand Planning Software Meeting 52

Supply Chain Shaman

JANUARY 2, 2024

We talk about complexity, but do not measure the impact on forecastability. Orbit charts of four companies for the period of 2013-2022 at the intersection of operating margin and inventory turns. Orbit charts of four industries for the period of 2013-2022 at the intersection of operating margin and inventory turns.

Gartner 275

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

Logistics Viewpoints

APRIL 10, 2023

Without an efficient supply chain, a company can’t meet the demand that exists, and competitors swoop in and grab market share. Jordan believed that the most important thing that needed to be changed was to make the forecasting process simpler and more dependable. Over that span the sport has grown by almost 160% per year.

Security 197

Security Supply Chain Planning Jordan Forecasting 197

Logistics Viewpoints

JUNE 16, 2022

The same-day delivery market is forecast to double over the next three years. According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. In order to meet customer needs, retailers need to understand their customers’ expectations better.

Forecasting 278

Forecasting Inventory Reduction Retail Survey 278

ToolsGroup

OCTOBER 25, 2022

But behind the scenes, demand planners were at work, trying to strike a balance that would help them turn a profit and meet demand without being saddled with rotting pumpkins come November 1. Expectations for the 2022 Holiday Season and Beyond. You know you’re going to need a certain amount of snow boots come November to meet demand.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

ToolsGroup

AUGUST 25, 2022

BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. for Global Supply Chain Inventory Optimization, 2022. Access the SPARK Matrix™.

Optimal Sourcing 222

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 222

BlueYonder

NOVEMBER 14, 2022

The entire world is gearing up for the 2022 FIFA World Cup , held in Qatar from Nov. Consider the demands placed on retailers, hotels, restaurants, and the stadiums themselves as they attempt to meet the very specific, time-sensitive demands of millions of tired, hungry, thirsty consumers. 20 through Dec. With a population of just 2.9

Supply Chain Planning Software 73

Supply Chain Planning Software Modeling Agile and Lean Supply Chain Supply Chain Planning 73

ToolsGroup

OCTOBER 10, 2022

Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages. Simply put, manufacturing inventory control is keeping enough stock on hand—raw materials, parts, and even finished goods—to meet customer demand.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

BlueYonder

APRIL 15, 2024

The second flaw is the amount of manual effort taken to build the perfect plan, only to see that plan crumble when it meets reality. Consider the stock write downs that hit retailers in 2022. McKinsey tells us that inventories in 2022 rose by 12% in the U.S. The impact can be seen across retail supply chains everywhere.

Supply Chain Planning Software 81

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 81

Supply Chain Shaman

AUGUST 18, 2022

This large food manufacturer used a popular technology to forecast monthly using orders as an input. Through a series of meetings to drive consensus, the team degraded the quality of the demand plan by 27%. (In The bad news is that no team member wanted to accept that their planning implementation was making the forecast 27% worse.

Supply and Demand 251

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 251

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

SSI SCHAEFER On Track to Open Singapore’s Largest Fully Automated Cold Storage at Tee Yih Jia Food Hub in Q1 2022. The APAC automated storage and retrieval systems (ASRS) market is forecast to grow at a CAGR of about 10% between 2021 and 2026. SYNOPSlS: Your Supply Chain Roadmap IDC’s Predictions for 2022 and Beyond.

Supply Chain Software 245

Supply Chain Software Food Optimal Sourcing Optimization Software 245

Logistics Viewpoints

JANUARY 17, 2023

Challenges in managing and meeting sustainability and compliance goals/requirements. In 2022, an increase in demand even amid record-high inflation, the Russia-Ukraine war and other disruptions amplified these problems, and they led to many organizations being beset by a demand and supply imbalance. Price Volatility.

Prescriptive Analytics Software 193

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 193

Supply Chain Matters

JULY 28, 2022

This edition provides four supply chain focused updates related to the following: IMF Once Again Trims Global GDP Forecast. IMF Once Again Trims Global GDP Forecast. percent, two percentage points lower than earlier forecasted. percent, two percentage points lower than earlier forecasted. percent in 2022, and 2.9

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Supply Chain Planning Supply Chain Software 52

Enterra Insights

OCTOBER 3, 2022

Walmart announced its top toy list for the 2022 holiday season a month earlier than last year, and Best Buy will also put out discounts starting earlier than usual.” “Expand and collaborate with the network of contract manufacturers, suppliers, third-party logistics to meet changing customer demands and needs.”

Material Savings 130

Material Savings Inventory Reduction Retail Supply Chain Planning Software 130

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. In March 2022, online shopping was up 27% over the previous year. In 2022 overall, U.S.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

EazyStock

JANUARY 17, 2022

As 2022 takes hold, many of the same challenges are present. In 2022, key supply chain management trends all lean towards building supply chain resilience. We’ve compiled a round-up of the top six supply chain management trends that we think you should take notice of in 2022. Improving Demand Forecasting and Demand Planning.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Trends 52

Intelligent Audit

MARCH 23, 2022

“Demand was greater than available inventory” was a common theme in many retailers’ earnings announcements in early Q1 of 2022. The Increasing Need for Advanced Demand Forecasting. Furthermore, only 17% of surveyed respondents indicated they use more advanced forecasting techniques such as real-time machine learning-powered models.

Supply Chain Planning 52

Supply Chain Planning Scenario Planning Forecasting Agile and Lean Supply Chain 52

ToolsGroup

FEBRUARY 10, 2022

Utilizing pricing software , retailers can leverage machine learning to forecast how pricing will affect customer demand and revenue targets. With demand sensing, you can improve forecast accuracy and inventory placement to ultimately improve service, minimize inventory and free up working capital. Just ask Amazon. Watch now ?.

Inventory Reduction 156

Inventory Reduction Modeling Price Reduction Waste Reduction 156

Supply Chain Matters

MAY 10, 2022

Moeller Maersk report of Q1-2022 financial performance provides indications of what multi-industry supply chain management teams can expect for the remainder of 2022 in the area of ocean container transportation. A total share buy-back program amounting to $10 billion was approved at the company’s annual meeting held in March 2022. .

Freight 52

Freight Forecasting Russia Logistics Network Optimization Software 52

ToolsGroup

SEPTEMBER 26, 2023

ToolsGroup supports over 400 customers in optimizing their inventory to meet service level or assortment requirements while achieving the best financial outcomes. In August 2023, ToolsGroup was listed among the Gartner® Magic Quadrant™ for Supply Chain Planning Solutions (Midmarket Context).

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

Resilinc

SEPTEMBER 6, 2022

Resilinc has published its 2022 Half Year report. Take a read and then be sure to download our 2022 Half Year Report – Gridlock for the full overview. Geopolitical event alerts issued by EventWatch AI grew by 521% in the first six months of 2022—mostly due to the Russia-Ukraine war. Geopolitical and cyber risks grew.

Procurement Analytics 62

Procurement Analytics Report Purchasing Skills Russia 62

ToolsGroup

NOVEMBER 4, 2022

Due to Covid-era over-ordering, Target was forced to offer massive discounts to move inventory, causing a devastating almost 90% drop in profits in the second quarter of 2022. In the world of Amazon two-day shipping , customers expect availability and speedy service, and meeting those expectations is pivotal for a competitive supply chain.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

ToolsGroup

MAY 18, 2022

To understand the state of this latest supply chain crisis–and when it will end–this guide to the 2022 baby formula shortage breaks down: The cause of the baby formula shortage. The Risk of Outdated Forecasting Software. Outdated forecasting software only increases the risks surrounding a disrupted supply chain.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

Logistics Viewpoints

DECEMBER 1, 2023

million shoppers and the NRF’s forecast for about 182 million people during the five-day weekend. million people in 2022 to 121.4 It also uses artificial intelligence to forecast daily demand for over 400 million products, predicting where in the world they are likely to be ordered. The turnout topped last year’s figure of 196.7

Logistics Network Optimization Software 231

Logistics Network Optimization Software Albuquerque Logistics Cost Reduction Strategies 231

Unleashed

JANUARY 4, 2022

So what trends will we see in multichannel eCommerce in 2022 – and can SMEs leap on board with them? Read on for the 15 key multichannel eCommerce trends of 2022. Learn more: Guide to Effective Multichannel Selling What are the key trends in multichannel eCommerce for 2022?? We think so.

Trends 98

Trends Modeling Software Predictive Analytics Software Supply Chain Planning Software 98

Logistics Viewpoints

MARCH 31, 2023

In the spring of 2022, Walmart created a new position among the roughly 15,000 employees who work at its headquarters in Bentonville, Arkansas. Less than 1 percent of the Bentonville workforce currently meets that standard. Many experts are concerned that the formula shortage of 2022 could easily happen again, even with those changes.

Vendor Strategies 200

Vendor Strategies Logistics Network Optimization Software Inventory Reduction Expense Reduction 200

Enterra Insights

AUGUST 8, 2022

Journalist Mehr Bedi reports, “Hershey Co said on [28 July] it would fall short of meeting demand for the all-important Halloween and Christmas holiday seasons this year, blaming a scarcity of raw ingredients and difficulties in securing suppliers.”[1] The cost of over forecasting is severe. Footnotes. [1]

Logility 246

Logility Manufacturing Procurement Supply Chain Planning Scenario Planning 246

ToolsGroup

NOVEMBER 8, 2021

1 According to Gartner, nearly all retailers are planning to invest to make their supply chains more agile (96%) and resilient (90%) by 2022. 2 With the additional capabilities from Mi9’s Demand Management business, ToolsGroup is uniquely positioned to meet the market’s needs so companies can be ready for anything.

ToolsGroup 317

ToolsGroup Modeling Demand Management Demand Planning Software 317