Supply Chain Shaman

AUGUST 18, 2022

This large food manufacturer used a popular technology to forecast monthly using orders as an input. In essence, if there was no process or technology, and the company assumed that the last month’s shipments would be the same as the current month, the forecast would be better.) Some streams are forecastable, and some are not.

Supply and Demand 251

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

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. in 2022 — in the US and the euro area, inflation is expected to hit 3.5 % and 5.7%, down from 8% and 8.3%, respectively. [1]. Price Volatility.

Prescriptive Analytics Software 193

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

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Supply chain procurement strategies had long been favoring Just in Time procurement. So, should merchants change their supply chain procurement strategies as they head into 2022?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Supply Chain Shaman

SEPTEMBER 13, 2023

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” I know that your primary focus is procurement. Bullwhip Effect at LKQ Europe Summer 2022 Testing So, why do we not measure it? Just ask Anna.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Logistics Viewpoints

APRIL 10, 2023

Jordan believed that the most important thing that needed to be changed was to make the forecasting process simpler and more dependable. In different product categories, sales forecasts were being changed regularly and the inventory planning team had to react to these whipsaws to the factory orders. When she joined, Ms.

Security 197

Security Supply Chain Planning Jordan Forecasting 197

ProcurePort

DECEMBER 28, 2021

A lot of companies missed their demand forecasts. The post 2022: The Year to Build Supply Chain Resiliency appeared first on ProcurePort Blog. There has been a shortage of materials, shipping prices have gone up, and ports have been backed up. This has in turn affected global commodity prices leading to a discussion about […].

Forecasting 97

Forecasting Supply Chain Supply and Demand Shipping 97

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ? Let’s think back on demand forecasting and warehousing management. Ongoing Optimization Shippers must optimize their procurement strategies.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

QAD

JANUARY 24, 2023

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

Supply Chain Software 97

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 97

The Supply Chainer Report

FEBRUARY 5, 2022

2022 most innovative idea is not coming from aerospace, or new drugs discovery. Economic uncertainty led by pandemic, war threats, and sloppy central bank monetary policies; All these have completely destroyed companies forecasts. Forecast accuracy is not a priority anymore. It’s as simple as that. Availability.

Innovation 52

Innovation Material Savings Inventory Reduction Cost Reduction Strategies 52

Logistics Viewpoints

JUNE 1, 2023

In March 2022, online shopping was up 27% over the previous year. From the start of the pandemic until March 2022, online shopping went up by 33%. In 2022 overall, U.S. Minimizing waste in grocery retailers starts with accurate and robust demand forecasting. e-commerce online sales accounted for $1034 Billion.

Supply Chain Planning Software 192

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

Enterra Insights

AUGUST 11, 2022

If floods, heatwaves, and droughts aren’t enough to keep supply chain managers up at night, “forecasters at NOAA’s Climate Prediction Center, a division of the National Weather Service, are predicting above-average hurricane activity this year.”[3] 4] Doyle Rice, “ The 2022 Atlantic hurricane season starts today.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Forecasting Software 130

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. September 2021-March 2022.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

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

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

Elementum

JUNE 30, 2022

Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks. Javier Echevarria has joined Ingredion as their Chief Procurement Officer.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

So the potential to combine the services of scrap waste management and raw material procurement could be something that marketplace designers can work on. Your Sales Plan is NOT a Forecast! LogiSYM Supply Chain Magazine – November 2022. Resilience for Supply Chain Decarbonisation. Piecing Together the SIOP Process.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

Supply Chain Matters

JUNE 7, 2023

This week the World Bank released its latest June forecast of its Semiannual Global Economic Prospects Report. This latest forecast indicates that the global economy will grow by 2.1 percent forecasted at the beginning of this year. percent in 2022. percent in 2022. China is now forecasted to grow 5.6

Forecasting 52

Forecasting Global Scenario Planning Supply Chain Planning 52

Supply Chain Shaman

JUNE 9, 2023

With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient. Procurement planning inside of lead time is not sufficient. So, What Have I Learned? The reason?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. Tight coupling of the supply chain forecast to the financial forecast will improve value. Even when I proved that the process was degrading the forecast by 35-60%, companies still clung to a wrong number. If you want to know future sales ask sales.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Matters

SEPTEMBER 9, 2022

Reporting of this Samsung development, The Wall Street Journal cited forecast data from industry trade group World Semiconductor Trade Statistics , indicating that global semiconductor sales are expected to grow upwards of 14 percent this year, amounting to $633 billion. percent according to this same source. All rights reserved. .

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Planning Supply Chain Software 52

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

As the dynamics of tariff policies may take a 180-degree turn overnight, it is necessary to model and forecast the scenarios in which a firm operates. Owning sound data is crucial to planning optimal shipping routes, locating distribution centers and warehouses, and forecasting revenue volumes and other trends. MORE FROM THIS EDITION.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Matters

OCTOBER 25, 2022

Rather, the plan seems to be the production of 90 million iPhone14 units which was in-line with Apple’s original forecast this summer. It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. West Coast port operators. Gulf or East Coast ports of entry.

Ukraine 52

Ukraine Supply Chain Planning Manufacturing Procurement Los Angeles 52

Enterra Insights

AUGUST 15, 2023

For example, business journalist Liz Young reports, “Retailers are turning to new technology and greater use of data across their supply chains in an effort to fix forecasting tools that were effectively splintered during the Covid-19 pandemic.”[3] ”[3] Ihnatchyck suggests five other ways AI can benefit retail supply chains.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. 2 November 2022. 24 11 2022. <[link]. 30 November 2022. <[link].

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

QAD

MAY 31, 2022

Sales and Operations Planning in 2022 and beyond has to be different from the Sales and Operations Planning “process” that was introduced 30 some years ago. First, historical forecasting is now, well, history. Forecast accuracy at each distribution level demand point is critical for success. There are several reasons for this.

S&OP 92

S&OP Supply and Demand Manufacturing Procurement Supply Chain Planning Software 92

Logistics Viewpoints

OCTOBER 19, 2023

In February 2022 I ordered a lovely midcentury modern table. Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says. The issue wasn’t poor planning – they had the inventory.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

Supply Chain Matters

MARCH 23, 2022

Foxconn Forecasts Challenging Operating Environment This Year. An added implication is cited data indicating that the average Asia-East Coast container vessel during 2020 and 2021 had average capacity levels of 9,390 TEU ’s and that 2022 ship sizes are expected to decline to 8,699 TEU ’s, thus requiring added unloading cycles.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Supply Chain Matters

AUGUST 11, 2022

The Ferrari Consulting and Research Group shares a Part Three commentary addressing our mid-year assessment of published 2022 Predictions for Industry and Global Supply Chains made available at the beginning of 2022, and specifically addressing supply chain cost inflation implications. Bob Ferrari. All rights reserved. .

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

Supply Chain Matters

NOVEMBER 7, 2023

The advisory defined further opportunities as extended joint procurement agreements, joint operations and equipment pooling in the short-term, and joint back-offices, shared service centers and IT development over the long-term. By the close of 2022, this index stood at $2,120. Since that time, quite a lot has occurred.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

Logility

JULY 14, 2022

ATLANTA, GA (July 14, 2022) – Logility, Inc., a leader in supply chain innovation powering the sustainable and resilient enterprise, has been honored by Supply & Demand Chain Executive , the only publication covering the entire global supply chain, as a recipient of the Top Supply Chain Projects Award for 2022. and L.I.N.K.

Logility 173

Logility Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 173

Supply Chain Matters

MAY 31, 2022

After producing a reported 2,500 vehicles in the first quarter, the company continues to be challenged by termed supply chain challenges which in March required executives to trim the prior 2022-unit production forecast in half to upwards of 25,000 vehicles this year. Stellantis Senior Procurement Leadership Change.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

Supply Chain Matters

MARCH 7, 2022

We often cited major S&P and other indices of forecasts for expected price trends for the coming year, only to discover during or at the end of the year that events and disruptions made such predictions generally inaccurate. Forecasting is no longer an art. Bob Ferrari. All rights reserved. .

Price Reduction 52

Price Reduction Forecasting Supply and Demand Agile and Lean Supply Chain 52

Supply Chain Matters

DECEMBER 1, 2022

Supply Chain Matters provides highlights and added perspectives on reported November 2022 global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report for November 2022, a composite index produced by J.P. percent for all of 2022. Global Wide Production Activity. reported for October.

Manufacturing Procurement 59

Manufacturing Procurement Global Modeling Optimal Sourcing 59

BlueYonder

OCTOBER 1, 2022

OEMs and Tier 1 suppliers should consider longer-term forecasting and capacity collaboration with their Tier-n suppliers. The post 5 Key Insights From the 2022 Automotive Logistics and Supply Chain Conference appeared first on Supply Chain Nation. Furthermore, having short-term Purchase Order/ASN-level visibility is insufficient.

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Locus Robotics

JULY 12, 2022

Let’s look at the latest and greatest inventions, strategies, and systems that could help your facility stay competitive and thrive in 2022 and beyond. 14 Manufacturing Trends in 2022. Accessible Automation. Forecasting accuracy. Mobile Robotics. Supply chain visibility. Warehouse cost reduction. Asset tracking. Let’s talk!

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software 52