Supply Chain Shaman

JANUARY 27, 2015

Last week, I interviewed Robert Byrne, founder of Terra Technology on his demand planning benchmarking study. I enjoy creating the podcast series, and Rob’s findings in his benchmark study are always thought-provoking. This requires analytics that can learn and adapt as markets shift. Manage New Item Bias.

Supply and Demand 150

Supply and Demand Supply Chain Planning Software Forecasting Supply Chain Software 150

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

ThroughPut

MAY 13, 2022

But what if you could predict demand early enough to plan for, manage, and make the most of it, always? Therefore, demand forecasting is the process by which demand planners predict the demand for a given product in a week’s, month’s, or even a year’s time. Because the truth is that you can. Not just that, there are many ways to do it.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ThroughPut

MAY 13, 2022

But what if you could predict demand early enough to plan for, manage, and make the most of it, always? Therefore, demand forecasting is the process by which demand planners predict the demand for a given product in a week’s, month’s, or even a year’s time. Because the truth is that you can. Not just that, there are many ways to do it.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Zipline Logistics

FEBRUARY 9, 2021

It is critical to leverage transportation analytics to get the most out of your operation. Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. Moreover, excelling at OTIF is a distinguished strategy in differentiating your brand from competitors. Learn More.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

Arkieva

JANUARY 6, 2017

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

Inventory Reduction 62

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 62

NC State SCRC

MARCH 9, 2016

As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka. They combined related functions such as purchasing, inventory control, receiving, and stores under the authority of one individual.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Logility

DECEMBER 15, 2023

Planting the Seeds of Resilience Most companies understand that accurate forecasts are critical to minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Supply chain managers require visibility to track the necessary components from a purchase order for production or to fulfill a customer order. Advanced platforms utilize artificial intelligence, machine learning algorithms, and predictive analytics to enhance data quality by triangulating information.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

Cognira

NOVEMBER 28, 2023

This blog explores the trends that define this year’s holiday season and the factors that draw the consumer path to purchase. Consumers leverage AI-powered benchmarking tools to track the price of their favorite items and make the purchase once it hits its lowest point.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Alloy

OCTOBER 3, 2023

An Introduction to Walmart Luminate Listen to the full episode of the Shelf Life Podcast on Walmart Luminate Walmart Luminate is the retailer’s new data, analytics and reporting tool for suppliers — and it represents a massive step forward in retailer-supplier collaboration. What you will learn in this article What is Walmart Luminate?

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

ThroughPut

JUNE 24, 2022

At the same time, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. These AI systems with intelligent algorithms can also predict and discover new consumer habits and forecast seasonal demand.

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Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Supply Chain Shaman

SEPTEMBER 13, 2016

As shown in Figure 1, the biggest obstacles to power improvement/performance are traditional supply chain thinking, the lack of organizational alignment and a focus on functional excellence. Seven Predictions for Supply Chain 2030. Here are my seven predictions. These are tough to overcome. 1) Outside-In Processes. Action Item.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

IQMS

FEBRUARY 20, 2020

The pace of sales cycles, competitors, and pricing decisions, all driven by buyer’s compressed timeframes for making purchasing decisions, is a primary factor. Prolonging the life of equipment, machinery, and tools using real-time data to predict when maintenance, repair, and overhaul need to take place.

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Real-time Visibility Manufacturing Procurement Data Price Reduction 55

ShipBob

NOVEMBER 15, 2022

Read on to answer: What are Shopify data analytics? What are Shopify analytics and how do you access them? Analytics tools help ecommerce operators understand how their business is performing — and shine a light on how to improve. Understanding your Shopify analytics allows you to understand: Who your customers are.

Procurement Analytics 52

Procurement Analytics Analytics Software Predictive Analytics Analytics 52

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

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Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 78

Supply Chain Shaman

JUNE 6, 2015

I was running a factory, and I made a bet with the production team that I could schedule the lines through a heavy summer period and predict production needs adequately to predict when they could get weekends off to spend with their families. I used history to predict the future. If I won, they would cook me dinner.

Supply Chain Planning Software 150

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

6 River Systems

DECEMBER 11, 2018

Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. The need to predict demand is fairly obvious. Logistics personnel and supplier management pointers.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Freightos

JULY 23, 2015

Download an Excel version of the list here for free ! An information Service providing ocean freight rates and transit times, useful for benchmarking by shippers and freight forwarders. Information and predictive analytics on vessel activity. shipping address for E-Commerce purchasing. Want to know more?

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software San Francisco Predictive Analytics Software 120

Saleswarp

JUNE 12, 2022

The ability to provide true cross-channel analytics is what is needed to run the business better. SalesWarp empowers retailers to get all the information they need to track and benchmark the inventory. Making customers wait to buy from you is like leaving money on the table”. Having an incompetent OMS would be like saying “Nope.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Inventory Management Software Optimal Sourcing 52

Requis

FEBRUARY 4, 2021

You could have pursued finance, banking, quantitative analytics, derivatives, and the like. These terms are used for marketing purposes for those who are responsible to buy software for their organization. People like forecasting because you can put numbers to it, it’s exciting, it’s new, you can aim to beat the benchmarks.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Modeling 52

6 River Systems

JUNE 29, 2020

Finally, leaders reduce disruption by building buffers throughout the supply network and invest in advanced analytics to improve planning and forecasting accuracy.” AI can also start to predict disruptions and then, autonomously prevent or avoid them.”

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116