Logility

JUNE 23, 2023

They’re stuck with inaccurate forecasts, ending up with too much or too little inventory, missed orders, and unsatisfied customers. A traditional forecasting model might look at last year’s sales metrics to predict this year’s. And the result? Let’s consider a simple example—daily sales of ice cream.

Forecasting 192

Forecasting Forecasting Software Modeling Predictive Analytics Software 192

ToolsGroup

JANUARY 15, 2024

To qualify for inclusion in the Supply Chain Planning category, a product must provide planning tools for demand, inventory, replenishment, and ordering, facilitate delivery schedules and load planning, and customize plans based on individual business priorities. Additional Resources: See ToolsGroup’s G2 reviews HERE.

ToolsGroup 177

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply and Demand 177

Supply Chain Shaman

JUNE 24, 2022

The future inventory fire sale. For the past eight years, each spring, I have spent six weeks deep in the analysis of spreadsheets evaluating the corporate performance of supply chains by sector. In the analysis, we use this balanced scorecard to evaluate ten years of performance. ” Product innovators in their sectors.

Supply Chain Planning Software 392

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 392

Supply Chain Shaman

OCTOBER 11, 2023

Leaders in building supply chain capabilities on graph technologies are failing to drive break through process innovation. The larger the global corporation, the more that the use of functional goals sub-optimizes growth, margin and inventory levels. Innovation is slowing. Innovation. Measurement.

Supply Chain Planning Software 410

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 410

ToolsGroup

MAY 15, 2024

By emphasizing real-time data and scenario analysis, organizations can make agile decisions that enable them to pivot in response to changing circumstances. Driving Continuous Improvement Innovation and adaptation stand as crucial pillars for success in today’s swiftly evolving marketplace.

Supply Chain Planning Software 177

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 177

Unleashed

MARCH 9, 2021

Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. This is often managed with the help of supplier management software or inventory management software. Creating new opportunities by investing in supplier partnerships and joint innovations.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain Shaman

JULY 25, 2021

In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). The Focus Inside-out Supported by Functional Metrics.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Silvon Software

APRIL 11, 2024

Thorough data gathering and analysis can uncover a wealth of information critical to a business’s operations. Fostering Innovation and Competitive Advantage Finally, a strategic implementation of data analytics can be a key driver of innovation, enabling businesses to identify and capitalize on unique opportunities.

Predictive Analytics 104

Predictive Analytics Analytics Software Analytics Sourcing Strategies 104

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 92

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 92

Supply Chain Shaman

JANUARY 31, 2022

As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. My job, as the plant engineering manager, was to drive innovation and implement technology improvement. Frank had little patience for Ed.

Agile and Lean Supply Chain 304

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 304

Supply Chain Shaman

JUNE 28, 2020

Less than 15% of Companies use technologies to set targets for the form and function of inventory, and less than 29% of companies quickly access and manage total cost information. I am sharing an example of three industries moving backward on margin and inventory turns. Traditional marketing programs chase product innovation.

Cost Reduction Strategies 445

Cost Reduction Strategies Inventory Reduction Supply Chain Design Software Modeling 445

Supply Chain Shaman

JUNE 7, 2021

He also believed that supply chain leaders could easily select top-performing supply chains and designed the AMR Top 25 Supply Chain (now the Gartner Top 25 analysis) to be 25% of the score. I advocated a study, an analysis of market value. A forum was great for networking but not for driving process innovation. I disagreed.

Gartner 199

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 199

Supply Chain Shaman

FEBRUARY 7, 2022

As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

MARCH 28, 2016

” The journey for value requires a clear definition and analysis of what is possible. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. The analysis needs to be measured through an evaluation of year-over-year improvements.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

JULY 22, 2019

In the research, I’m trying to understand the impact of choices—technology, process innovation, and leadership– on balance sheet performance. Companies performing the best have three characteristics: Business Model Innovation. Over the last month, I have been working on the 2019 Supply Chains to Admire analysis.

Supply Chain Design Software 260

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 260

SCMDOJO

MAY 15, 2024

Data Analysis [10-15%] Once the data is available, begin analyzing it and create a checklist detailing what data is already present and what is required further. Tools like Power BI and Tableau streamline this analysis process, enabling project teams to visualize data, identify trends, and derive actionable insights.

Optimal Sourcing 74

Optimal Sourcing Network Design Software Supply Chain Design Software Modeling 74

Unleashed

MAY 30, 2024

Identify the value metric for your product Identifying the most valuable attribute of your product, commonly known as the value metric, will guide the scaling of your price. The value metric measures what value a user derives from the item and aligns the price accordingly. Identifying the right value metric is crucial.

Price Reduction 52

Price Reduction Negotiating Skills Purchasing Skills Negotiate Pricing 52

QAD

MAY 23, 2024

This entails a thorough analysis of historical data, taking into account product life cycles, and adjusting for outliers or one-off events. From changing consumer behaviors and expanding value chains to capacity challenges and quality requirements, manufacturers are constantly under pressure to adapt and innovate.

Beverage 66

Beverage Scenario Planning Supply Chain Planning Software Food 66

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Shaman

FEBRUARY 14, 2022

They gave lip service to the need for IT standardization, but ran their process on a custom built model that enabled reverse bill of material, and profitability analysis. They were ahead of their time on simulation analysis and cross-functional orchestration.). Let’s start with inventory. So, why are inventories higher?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

JULY 21, 2022

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. Five winners from this analysis are speaking at this year’s Supply Chain Insights Global Summit.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Supply Chain Shaman

AUGUST 7, 2019

Lab work testing follows vital sign analysis. When I asked for an analysis of the customer service data with a root cause analysis, it was not available. Six months later based on the work of four hard-working employees, we were able to get the analysis to start to roll-up our sleeves. inventory turns.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 254

Stord

APRIL 24, 2024

From improved customer experience to greater inventory planning and forecasting, AI promises to make all of our lives easier and reduce those all-too-common supply chain headaches. Specific industries measure specific KPIs, and AI is an easy way to pull data in and get real, usable and actionable metrics back.

Supply Chain Planning Software 88

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Predictive Analytics Software 88

Unleashed

JANUARY 29, 2024

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. This article looks at the SKU rationalisation process, how to utilise SKU rationalisation analysis for your business, and some essential best practices for implementing it.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” This week, I published an in-depth analysis on the topic.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Silvon Software

APRIL 18, 2024

This ensures that the data is normalized and standardized, making it more reliable for further analysis. For example, using cluster analysis to identify which customer segments are most likely to respond to a new product launch. This helps executives in planning inventory, staffing, and budget allocations.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Logistics Viewpoints

JANUARY 23, 2024

This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond. Infor is able to use its visibility application to dynamically update ETAs and look at the impact on inventory.

Supply Chain Planning Software 212

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 212

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Supply Chain Shaman

FEBRUARY 23, 2017

With 12,000 supply chain employees operating in 80 countries with 2400 storage facilities, supply chain excellence and innovation are the foundation of corporate performance. Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The Inventory Turns. Performance.

Agile and Lean Supply Chain 157

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 157

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Download the White Paper: Over the Road Freight Management Trends.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Supply Chain Shaman

JUNE 26, 2017

Amazon’s because of their breath in physical and digital supply chain, innovation in material handling, transportation, etc and their vision completely disrupting the industry. Lora Cecere has deep insights into Supply Chain, I would love to see further analysis on why these companies did not make the grade.” About the Research.

Sourcing Strategies 153

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 153

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. We complete the analysis each year. In this analysis, patterns matter.

Case Study 276

Case Study Inventory Reduction Agile and Lean Supply Chain Study 276

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow. Technology invention is happening, but the translation to innovation is slow.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Prescriptive Analytics Software 122

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 122

Elementum

FEBRUARY 7, 2024

Digital Process Optimization: Streamlining Business for Efficiency In the race to streamline operations and elevate efficiency, Digital Process Optimization (DPO) emerges as a critical strategy for businesses looking to innovate and scale. Business Rules Engine: Automated decision-making based on a predefined set of rules.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Silvon Software

AUGUST 8, 2022

Plus, changing consumer behaviors and demands are leading businesses to adopt newer technologies and innovations so they can adapt and evolve at a faster rate. And for many, it’s a struggle to use this data to generate meaningful insights beyond top-level metrics. Leverage real-time data for greater visibility.

Analytics Software 80

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 80