ToolsGroup

Gartner’s Top Ten User-Rated Supply Chain Planning Capabilities

ToolsGroup

Gartner Research recently released its new Magic Quadrant for Supply Chain Planning System of Record (SCP SOR) in which 485 user companies identified their top ten rated planning capabilities for delivering SCP goals.

Decoding the language of S&OP

ToolsGroup

Since demand forecasting has developed many “personalities” over the decades, I recently wrote a blog that “decoded” the language of demand.

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Overcoming a shortage of supply chain talent

ToolsGroup

Editor’s note: There will be no blog post next week due to summer holidays. There is a shortage of supply chain talent. Supply Chain Insights reports that more than half of all companies are seeing an increase in employee turnover and experiencing unfilled job openings.

Another Way to Think About Supply Chain Risk Management

ToolsGroup

In a previous blog we described a new concept introduced by Gartner Research about the need for both macro-agility and micro-agility. Now we apply this same macro-agility and micro-agility concept to risk management.

Your Data Has Value. Learn How Technology Can Unlock It.

Supply chain data is flawed, we all know this. Hear ClearMetal CEO, Adam Compain, talk about how the right technology and strategies will give you better visibility and create value within your supply chain. The ability to move from reactive firefighting to proactive planning is closer than you think.

Decoding the Language of Demand

ToolsGroup

If you’ve been in supply chain for any length time, you might be wondering what caused demand forecasting to develop so many different ‘personalities’ over the years. Demand forecasting, planning, sensing, shaping…what’s going on?

How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories.

Gartner releases new Supply Chain Planning Magic Quadrant

ToolsGroup

Gartner Research just released its new Magic Quadrant for Supply Chain Planning System of Record (SCP SOR).

Segmenting Your Inventory by Gross Margin and Demand Variability

ToolsGroup

Source: Gartner Research. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments.

The 4 Stages of Supply Chain Analytics

How do you move from “what happened” to “what would happen if”? Most supply chains struggle with the first, and the latter is wishful thinking. What stage are you in? Find out where your supply chain is on the maturity curve.

Multi-echelon inventory optimization vs inventory optimization

ToolsGroup

Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft and I collaborated on a blog introducing the basic concept of MEIO, comparing it with Inventory Optimization.

Want to disrupt your supply chain? Check out this new analytical tool

ToolsGroup

Brad Householder, Founder and CEO of b2i, spoke at the ToolsGroup TG18 user conference recently and presented an innovative approach to strategically analyze your value chain to focus digital investments. Brad, by the way, comes from a great pedigree.

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Still managing your inventory with spreadsheets?

ToolsGroup

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%.

Here come the Response Networks

ToolsGroup

As competition heats up to meet consumer fulfillment expectations, the analyst community has worked to define a supply chain model that can dynamically and rapidly respond to changing market needs, sometimes called "Response Networks". Gartner calls their version “ Respond Planning ”.

Your Supply Chain Probably Has a Data Problem - Start There

Common problems like data access and quality are preventing you from taking the first step towards transformation. Modern visibility providers are putting band-aids on bad data, giving you the ability to make misinformed decisions. Solve the data first.

Four ways Inventory Optimization can address tighter supply constraints

ToolsGroup

As the (U.S.) economic expansion enters its ninth year, supply constraints are showing up in supply chains.

How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories.

Supply Chain Resiliency - Top to Bottom

ToolsGroup

There is an increased focus on being prepared for supply chain risks such as digital threats, product traceability issues, and now the potential impact of a trade war.

Modeling Supply Chains with “Digital Twins”

ToolsGroup

The growing momentum around systems-based thinking in supply chain planning has given rise to a new concept called the “digital twin”.

Leveraging Supply Chain Data for Competitive Advantage

What does it mean to become a digital business or digital supply chain?

How a changed business model initiated a new supply chain planning approach

ToolsGroup

T he telecom provider business model was traditionally about delivering networked voice and data to homes and businesses, therefore not necessitating strong supply chain planning. But that has changed in the last decade due to the rapid growth of smartphones.

Transforming the manufacturing supply chain with MEIO

ToolsGroup

Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft’s Bill Moffett and I collaborated on an introductory blog on MEIO for manufacturing businesses.

“Digital Transformation” and Supply Chain Planning

ToolsGroup

Here is the scenario. The C Suite says it wants “digital transformation". Your company has an older supply chain planning (SCP) system of record (SOR) like SAP APO that was developed in the 1990s.

How Not to use Machine Learning for Demand Forecasting

ToolsGroup

Eight years ago ToolsGroup was one of the first supply chain planning software vendors to employ machine learning to improve demand forecasting. As the tag line to a popular commercial goes, by now “we know a thing or two because we've seen a thing or two.”.

End to End Supply Chain Visibility - Solving The Data Problem

People think end-to-end visibility is simply aggregating data from multiple sources, storing it in one place, and serving it up. That task, though hard, is relatively simple; but more importantly, doesn't solve the fundamental challenge - The Data.

Two Kinds of Supply Chain Risk and How to Prepare for Them

ToolsGroup

When most people think of supply chain risk, they often think about the impact of major unforeseen “headline grabbing” events - like the tsunami in Japan impacting automotive supply chains or horse meat making its way into British beef supplies. These are big, important and often unpredictable risks.

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How to Move from Gartner Stage 2 to Stage 3 Retailing

ToolsGroup

Using the Gartner Demand Planning five stage maturity scale, analyst Mike Griswold estimated on a recent call that retailers as a group averaged just 2.3 out of 5.0, leaving money on the table due to poor inventory performance.

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Three Key Themes in the New Inventory Optimization Vendor Ranking

ToolsGroup

The 2018 Nucleus Research Inventory Optimization (IO) Value Matrix Report has just been released, and analyst Seth Lippincott identifies the latest technology trends, top inventory optimization solution providers, and the strengths and weaknesses of each vendor.

One Way to Start Your Digital Transformation

ToolsGroup

Editor's note: Due to the holidays, there will be no blog post next week. Happy Holidays and Happy New Year! Many companies are taking a serious look at “digital transformation” and it’s possible to think that it requires a big leap or a daunting hurdle to transform your business.

CIO: Here's Why Analytics is Eating the Supply Chain

Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making.

Why the Forecast for Supply Chain Planning has been Only Partly Cloudy

ToolsGroup

Cloud-based supply chain planning is gaining traction. Each year more users opt for cloud-based systems and there is a lot of support in the analyst community.

Multi-echelon inventory optimization vs inventory optimization

ToolsGroup

Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft and I collaborated on a blog introducing the basic concept of MEIO, comparing it with Inventory Optimization.

Segmenting your spare parts supply chain for 3D printing

ToolsGroup

From warehouse robots (very real) to equipment that you control with your mind (in the labs), new technologies appear so regularly that it can be hard to separate real from science fiction. But in the spare parts business, 3D printing has become “here and now”.

Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

Editor's Note: There will be no blog post next week. Many retailers consider competing against Amazon their biggest challenge. While the impact of Amazon is real, it is only a thread in the larger retail competition tapestry.

Removing the 3 Barriers to Building a Predictive Supply Chain

Machine Learning and AI are not magic bullets to solve all supply chain problems. Despite many software companies slapping AI on everything the reality is that there are a lot of hurdles to overcome before AI can be effective. Learn how to leap them.