article thumbnail

How AI & Machine Learning Will Transform Supply Chain Management Through Software-Driven Automation

Accelogix

Everything I had built professionally was driven by semi-manual analysis and best practice (sometimes back-of-the-envelope) process engineering. Systems driving the warehouse floor will see every barcode and remember the context, virtually eliminating inventory loss. What has changed for me? What has changed for me?

article thumbnail

Avoid “Lost in Translation”. Monetize S&OP to Include Finance.

ToolsGroup

Gartner recommends multiplying the planned unit volume: by price to generate monetized revenue plans, by cost to generate monetized inventory plans, by margin to generate monetized profit plans. 4-9% decrease in the value of obsolete inventory as a percentage of total stocked goods (product costs). She says ERP is “reactive”.

S&OP 92
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Central Planning Engines: Lessons from Leibniz

Arkieva

I had the unique opportunity to attend the Dagstuhl Seminar “Modeling and Analysis of Semiconductor Supply Chains” , which focused on managing the end to end supply chain or demand supply network, as Intel refers to it. Which Solver for the Central Planning Engine? Modeling the human planner in the Central Planning Engine.

article thumbnail

Contracts, Cancellations, and Closures: Persistent Trends Leave a Pre-Peak Season Logistics Industry on Edge

Intelligent Audit

So the shortage will continue, but for some sellers, the problem will be too much inventory.”. SupplyChainDive, in their recent analysis of a 2022 study by logistics provider Descartes, reported that, “ U.S. Despite High-Profile Retail Cancellations, U.S. Container Imports Remain High. container imports are near record-setting.

article thumbnail

10 Proven Principles for Best Warehouse Design and Operation

Logistics Bureau

4) Inventory Control. Inventory control is about having the right amount of stock to meet customer demand. You have to do some analysis to work out where you are and then choose the materials handling system to suit. Your inventory control is not there, you’re not rotating your stock. 8) Know Your Data.

article thumbnail

Start-Up Chile Helps Kick-Start Anderson Entrepreneurs - UCLA.

The UCLA Anderson Global Supply Chain Blog

"We learned a huge amount, and it wasnt anything we could have learned from stateside analysis or a classroom environment," Ornstein said. UCLA Anderson Hosts Steinbeck Family Business Seminar. Subscribe to this blogs feed. Recent Posts. Michael Peck (’15) Finds Game in Anderson’s Los Angeles Location.

Chile 74
article thumbnail

26 warehouse pros reveal the most important factors to consider when moving to an automated warehouse

6 River Systems

Warehousing effectiveness depends upon the accuracy of the physical inventory in the warehouse with the respect to the inventory indicated in the computer system. This discrepancy between the physical and electronic inventories is dependent on the reliability of the warehouse processes. SEO_Hacker.