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Planning Optimized – A Never Ending Journey

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The ultimate goal of a supply chain planning practitioners is often to optimize the capabilities of the company’s supply chain to meet customer requirements while minimizing costs and maximizing company performance.

4 Reasons Why Good Design Is Essential for Supply Chain Dashboards

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Detective Joe Friday had a way with words. Even if you’ve never seen a Dragnet re-run in your life, or you’ve never heard of Joe Friday, his catchphrase, “Just the facts, ma’am,” is a good motto for running your business.

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Causal Forecasting Brings Precision to your Forecasting

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Causal f orecasting shines a light on , and isolates, actual demand signals from market “chatter,” thus improving forecast quality.

Kickstart Your Machine Learning Investment with These 3 Initiatives

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Among other aspects of a modern-day business, forecasting has become more complex, with many firms striving to incorporate product, pricing, discounts, channel, and other available data to improve accuracy.

Hype Cycle for Supply Chain Strategy, 2020

Our recent supply chain planning survey showed that only 17% of organizations place considerable effort on innovation. For most, firefighting is the norm. But to succeed in today’s business landscape and recover quickly from disruptions, you need to carefully balance operational excellence with innovation for long-term growth. Get insights in this Gartner report to find out where to invest and what you should adopt as standard business practices.

How Does Machine Learning Improve Supply Chain Performance?

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When asking the question, “How does machine learning improve supply chain performance?” ” it’s important to bear in mind that the proper goal of m achine l earning is not abdication of human responsibility for decision-making.

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

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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.

Periodic Versus Continuous Planning – What’s Needed for Success?

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The vast amount of information vying for our attention can make your head spin. When you think about how much this has changed over the last 10, 20 or more years, it is quite dizzying. It has been 13 years since the iPhone was introduced.

Supply Chain KPIs You’ll Want Every Morning

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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.

Fireside Chat: Purpose Built Platform for the Supply Chain of the Future

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Recently I had the pleasure to sit down with our own Kevin McInturff, executive vice president of R&D following his fireside chat at Disruption RX with Mark Balte, senior vice president of product innovation.

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Become a Walmart On-Time In-Full Guru With the Ultimate Guide to OTIF!

Information on Walmart’s On-Time In-Full program is scattered, so we’ve put together everything you need to know about OTIF. Download this ebook to get the skinny on OTIF metrics, identifying the root cause of issues, and how to improve your scores!

How To Implement Predictive Analytics Into Your Company

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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.

Fragmented Planning Undermines Supply Chain Success

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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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The Top Five Benefits of Using Machine Learning for Demand Forecasting

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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.

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

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The dramatic spread of COVID-19 has disrupted lives, livelihoods, communities and businesses worldwide and created supply chain heroes across the globe. From suits to PPE gowns and masks, from baby wipes to disinfectant wipes, from food service to grocery to food & beverages manufacturers, companies around the world are stepping up to contribute and serve where they can.

The Five Worst Practices in Procurement

The GEP white paper lists 5 common mistakes that impede the success of procurement professionals. Learn from industry veteran Bill Huber about the wrong and right ways to approach a procurement mandate and why just saving money isn’t enough. Download this report now to learn how to avoid the worst procurement practices.

Descriptive, Predictive and Prescriptive Analytics Explained

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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.

Using Procurement Analytics to Simplify Your Supplier Reconciliation

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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.

Covid-19 Retail: Cash, Product, and People

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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. The focus for all fashion retailers is inventory. Below we will examine inventory + a new retail outlook for 2020. Generally, the sales in Spring are worth about 45% of the total year time period.

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Artificial Intelligence in Supply Chain Planning

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The adoption of artificial intelligence (AI) and machine learning (ML) in supply chain planning is not a passing fad. AI and ML are fundamentally changing supply chain.

How Georgia-Pacific Turned Their Supply Chain into a Competitive Advantage

Georgia-Pacific, one of the world's leading manufacturers of tissue, pulp and paper and supplier to top brands like Brawny, Angel Soft and DIXIE, trusts ClearMetal for their supply chain requirements. Read the case study to hear how one company turned the reliability and transparency of its supply chain into distinct competitive advantages.

What Happens to Retail in Fall 2020?

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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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Integrating Corporate Social Responsibility into Your Supply Chain

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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.

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

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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.

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

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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.

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.

The Food & Beverage Supply Chain is Ripe for a Digital Transformation

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The global food and beverage supply chain has been stressed to the breaking point by the COVID-19 Pandemic. In most countries since early spring, there has been an unparalleled wave of stockpiling by panicked consumers leading to near empty retail shelves.

Four Steps to Better Demand Forecasting

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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.

How Does Demand Sensing Differ from Forecasting for Demand Planning?

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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 Supply Chain Professional of the Future Will Need These 4 Skills

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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.

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.

Integrated Business Planning (IBP) – House of Planning

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During my Lean/6-Sigma Black Belt studies, while working as a supply-chain management practitioner in the high technology and industrial manufacturing industries, I became familiar with “The House of Quality”, the first matrix in the four-phase Quality Function Deployment (QFD) process.

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

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According to a recent International Data Corporation (IDC) Digital Economy Model, by 2023 over 50% of all worldwide nominal gross domestic product will be driven by digitally transformed enterprises. And by 2025 at least 90% of new enterprise apps will have embedded AI capabilities.1

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

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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. Any disruption or sub-optimization in the supply chain can and will significantly impact a company’s profitability. The ability to effectively forecast demand is essential for supply chain management decisions.

Five Suggestions for Practical Inventory Management

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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. .

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!