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Fragmented Planning Undermines Supply Chain Success

Logility

Even under the best circumstances, developing production/sourcing plans three, six or nine months into the future with a high degree of confidence is difficult. During times of change and disruption it is nearly impossible to get an accurate plan. Huge sales and margin impacts hang in the balance.

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Supply Chain Disruptions Need a New Prescription: Introducing Disruption RX Virtual Supply Chain Summits

Logility

A global pandemic was impossible to foresee as COVID-19 swept across our increasingly interconnected world. The challenging landscape, from store and factory closures to wild swings in inventory, has proven to be the ultimate test of strength for supply chain teams everywhere.

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Supply Chain KPIs You’ll Want Every Morning

Logility

A quick scan of the Internet will yield a long list of “the biggest-ever supply chain disasters”. A few of the most infamous are listed below. The common thread? Each of these events was completely devastating to the company concerned. Company. Problem. Impact.

Using Procurement Analytics to Simplify Your Supplier Reconciliation

Logility

Ask finance managers to name a necessary evil of their responsibilities and many will cite reconciling goods received against invoices not received (“GR-NI”). The GR-NI issue is time-consuming to manage but not exactly mission critical to finding new business.

Facebook Causes Continue to Show Little Promise as Fundraising Tools

Supply Chain Heroes: Stories of Innovation in Support of COVID-19

Logility

The dramatic spread of COVID-19 has disrupted lives, livelihoods, communities and businesses worldwide and created supply chain heroes across the globe.

Covid-19 Retail: Cash, Product, and People

Logility

The retail industry, like many others, has been upended by Covid-19. There is a very clear & present danger that exists on the revenue line and this can quickly become an expense problem if not managed appropriately. With proper attention to key focus areas, together, we can weather this storm.

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What Happens to Retail in Fall 2020?

Logility

As retail companies enter the traditional “back-to-school” selling season, we must acknowledge there is nothing traditional about BTS 2020. Organizations across the world have been forced to pivot selling and inventory strategies to address the many issues brought on by Covid-19.

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Is Demand Sensing Right for your Business?

Logility

The accuracy of conventional time-series forecasts eventually hits a ceiling. Because historical data is a flawed predictor of supply chain conditions over a short period of time.

Five Steps to Launch a Supplier Scorecard

Logility

Supplier scorecards are globally accepted as a key tool for managing a more profitable supply chain. Key uses for a supplier scorecard include: Measuring performance and driving improvements. Justifying which suppliers to keep in your supplier base. Strengthening a negotiating position.

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Mission Critical: Leveraging Learning Engineering to Drive Digital Transformation

Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum

Digital is disrupting every part of an organization's value chain at a record pace, creating a critical need to transform operations and employees' ways of working. Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Trish Uhl show you how to start leveraging Learning Engineering, a multidisciplinary approach that combines modern technology, data analytics, decision science, learning sciences and change management with human-centered engineering design methodologies to ultimately deliver targeted learning outcomes and business results that keep pace with the business and merge learning into the flow of work and lead Digital Adoption.

Four Steps to Better Demand Forecasting

Logility

Forecasting is an “inexact science” that relies on the data available to you, the math you use, and how you implement the forecast. There are libraries full of algorithms that are relatively easy to implement in software, but the math is only as good as the data it’s applied to.

The Top Five Benefits of Using Machine Learning for Demand Forecasting

Logility

Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Ability to ingest and use a broad range of data; a system that is ‘greedy’ for data that yield new insights. Ability to update constantly on the most recent data, and models that quickly ’find their level’ and adapt to regime changes.

Improve Forecast Quality and Reliability with Value-add Forecasting (Part 1)

Logility

In the world of commerce, every business ecosystem has a type of supply chain that is critical to corporate operations.These supply chains rely on a network of plants and facilities to add value to, and transform, raw materials into a final product.

Descriptive, Predictive and Prescriptive Analytics Explained

Logility

Here’s your two-minute guide to understanding and selecting the right descriptive, predictive and prescriptive analytics for use across your supply chain. With the flood of data available to businesses regarding their supply chain these days, companies are turning to analytics solutions to extract meaning from the huge volumes of data to help improve decision making.

Webinar on Demand: Resilient Supply Chain Network Design

Speaker: Bhomik Jain, Paul van Nierop & Aanand Pandey

Companies around the world are struggling to cope with COVID-19 disruption. Are supply chain networks resilient enough to weather the storm? Watch this webinar to learn about our research findings in the realm of network design and optimization, and uncover the capabilities you need to build resilience and agility.

Surviving the COVID-19 Pandemic and Future Supply Chain Disruptions Through Supply Chain Digital Transformation

Logility

Supply chain disruptions, like the one we are currently experiencing due to the COVID-19 Pandemic will continue to happen. Just look back over the last couple of years.

Covid-19 (Coronavirus): Where do we go from here?

Logility

Everyone is working hard to figure out how to stay safe, what is going on, how to minimize the impact to our personal lives and the companies we work for, and to plan for the future. Over the last few weeks, I have spoken with several of our customers as well as industry analysts from ChainLink Research, Gartner and IDC to gain some additional perspective on how the supply chain is coping with this quickly escalating risk. The responses vary quite a bit.

Supply Chain Data Management: Making Data Make Sense for Supply Chain Planning

Logility

One breezy fall day last year, before COVID-19, I spent several hours trying to rake leaves off my lawn. Unfortunately, every time I thought I was close to being done, the wind blew more leaves off the trees and more leaves from my neighbor’s yard into my yard.

How Does Demand Sensing Differ from Forecasting for Demand Planning?

Logility

The promise of demand sensing is that we can do a better job of anticipating and planning for short-term changes in demand. For today’s supply chain planner, the art and especially the science of forecasting demand have evolved. True, the past is still the best predictor of the future, but consider how that axiom can and does come to life in the real world. Here’s one boardroom scenario. Your attention please.

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

Observations on Artificial Intelligence in the Supply Chain Market

Logility

With 2020 well underway, it’s a great time to pick a hot industry topic and subject it to a “state of the state” evaluation. And where better to start than Artificial Intelligence (AI) in the supply chain market?

Artificial Intelligence (AI) & Machine Learning (ML) in Supply Chain Planning (Part 1 of 2)

Logility

The phrase digital transformation is all around us. Many companies have embarked on a digital transformation journey. However, it is critical to realize that access to data does not equate to insight or value.

The Supply Chain Professional of the Future Will Need These 4 Skills

Logility

The supply chain professional of the future will need the types of skills you won’t find online or in a textbook. The Internet is awash with content designed to help business professionals succeed now and help the next generation¹ succeed someday. Google searches will yield a bonanza of advice served up as scholarly articles, celebrity secrets and everything in between. Look beneath the differences in tone and style and you will quickly discover that there’s considerable overlap.

How To Implement Predictive Analytics Into Your Company

Logility

Chances are, if you’re in marketing, sales, or one of the more technical aspects of business, you’ve used predictive analytics in some part of your job. Retail giant Amazon uses predictive analytics to study the behaviors of over 200 million customers who produce over 1 billion GB of website data per year, which results in tailored product suggestions that earn the company over $2 billion in sales a year. But your company doesn’t have to be a retail giant to use predictive analytics.

Supply Chain Planning Maturity – How Do You Compare to Peers?

Today's supply chains are networked, global ecosystems. An event upstream in a different country or region can cause considerable disruption downstream. The COVID-19 pandemic is an extreme example of how this unfolds in practice. How prepared are supply chain teams to react and recover, from a planning maturity stance? Download this report to get exclusive insights on planning maturity!

From Field to Fork

Logility

Accelerate your Food and Beverage Business through End-to-End Supply Chain Capabilities. I have worked as a supply chain practitioner in a number of industries, but have found the supply chain challenges in the food & beverage industry to be some of the toughest to address.

Integrating Corporate Social Responsibility into Your Supply Chain

Logility

Let’s start by busting a myth about Corporate Social Responsibility (CSR): it’s a feel-good movement recently started by millennials. Not true! CSR gained momentum in the late 1950s with the expansion of large corporations and became a popular subject in the 1980s, covered extensively by Peter F. Drucker and others. In the wake of the financial crisis of 2008–2010, CSR again became a focus for evaluating corporate behavior.

Necessity is the Mother of Innovation

Logility

The COVID-19 pandemic has created unprecedented challenges around the world. In the midst of the seeming chaos many brilliant minds have been working in overdrive to develop innovative solutions to many of obstacles that lie in our way.

Seven Keys to Scaling your Supplier Scorecarding Program

Logility

A solid supplier scorecarding program can drive big cost savings in the supply chain. Executives know that clear performance metrics are the starting point for supplier management. Yet many companies find data management and sharing a roadblock.

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.

Conquering the Explosion of Supply Chain Planning Data

Logility

Companies across all industries and sizes struggle to make sense of and value from the available mountains of data. Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Organizations are simply overwhelmed.

Five Suggestions for Practical Inventory Management

Logility

Recently , a colleague recounted a new consulting job he had undertaken a few years back. The client was struggling to make a large enough profit, which was threatening to derail their business expansion plan. This revolved around moving to a larger facility as they had outgrown their existing warehouse. The client perceived the problem as a lack of sales and wanted my colleague to look at ways they could increase revenue in order to fund the expansion. .

Why I Love Supply Chain Management

Logility

It’s my opinion that most look back on their career and realize they never could have predicted where they would end up. For instance, my best subject areas in high school were instrumental music, math and science. When it came time to determine what I should study in college I chose engineering even though I had a full tuition scholarship to pursue a degree in jazz performance.

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Supply Chain Transformation – The Need for Speed

Logility

Synchronize, Align and Accelerate your Business through Advanced Sales & Operations Planning. The amount of change in supply chain management practices since I first became a practitioner more than 25 years ago is eye watering. Today supply chain practitioners operate in a world of ever increasing complexity, data is doubling every 18 months and there’s a wealth of knowledge in social media ready to be utilized.

Supply Chain Resilience in the Face of Uncertainty

Speaker: Aanand Pandey, Supply Chain Analyst & Consultant, AIMMS

This short video explains how scenario modeling can help you improve supply chain resilience and your ability to respond and recover quickly from disruptions. Looking at scenarios side by side provides valuable insights that makes it easier to evaluate impact on your operations, ability to service customers and margin, and the best options to restart supply when supply lanes reopen.