Supply Chain Shaman

MAY 1, 2023

The use of descriptive analytics along with agile planning techniques (what-if analysis, discrete event simulation, and network design) helped. Analytics investments are essential. We find that companies with an analytics center of excellence drove progress faster than those with a supply chain center of excellence.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

ThroughPut

DECEMBER 6, 2023

Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.” What Is Predictive Analytics for Supply Chain?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

QAD

OCTOBER 4, 2023

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

JULY 21, 2022

The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. Leaders invest in analytics and customer-centric innovation. Unlock the potential of new forms of analytics and educate teams.

Supply Chain Design Software 195

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

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). A focus on functional metrics throws the supply chain out of balance.) We Give to You.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 369

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Supply Chain Collaborator

JULY 26, 2019

Here are four ways smart TMS users can harness the power of their data for predictive analytics. Leveraging predictive analytics in the TMS a shipper can use historic tendering metrics and spot quote reporting data to identify areas where contracted rates can be bolstered and avoid budget-busting over-utilization of the spot market.

Predictive Analytics 79

Predictive Analytics Analytics Fleet Optimization Network Optimization 79

Supply Chain Shaman

APRIL 9, 2021

Focus on functional metrics without alignment to a balanced scorecard to drive value. Over the last decade, in the building of global supply chains, organizations grew more political with gaming on metrics. We are taking the risk that everyone can get COVID shots to enable an in-person event in September. Mistake #3.

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

QAD

OCTOBER 25, 2023

Analytics Analytics requires a strong dedication to gathering data as well as data management. Leveraging a strong analytic model allows you to understand your buying cycles, create predictions and easily pull up information. Algorithms and Autonomous Planning Algorithms are a clearly defined set of instructions.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

Supply Chain Shaman

FEBRUARY 18, 2021

Resist the temptation to place deeper analytics on top of existing data models. Out of desperation, they turned to the use of descriptive analytics. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. What are functional metrics? Start small and test and learn.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Logistics Viewpoints

FEBRUARY 16, 2021

Not only do you need to be able to know the full impact of events and decisions across your supply chain, you need to be able to shift plans seamlessly to maintain responsiveness. Underlying both are analytics, which allow you to understand that impact by having the richest information available to make the best decisions.

Supply Chain Visibility 284

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 284

DELMIA Quintiq

JULY 25, 2022

Companies need to have a plan to deal with the key challenges they face today: Lack of supply chain resilience A reliance on extended value networks Disruption as a constant, not an event Lack of visibility across supply, demand and network partners. New KPI’s are also being prioritized, including sustainability metrics.

Modeling 156

Modeling Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 156

Logistics Viewpoints

SEPTEMBER 4, 2023

That processing event determines when the goods need to be delivered to the next stop. A 95% on time delivery metric – very high performance – is just not good enough for Simmons. It was quickly determined that a procurement event was necessary just to set a baseline. Procurement ran a request for proposal event.

Procurement Solutions 203

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 203

GlobalTranz

OCTOBER 6, 2021

Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. . Descriptive analytics focuses on utilizing historical data to understand events that transpired and what happened within the network over a set period.

Prescriptive Analytics Software 216

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

Adexa

JULY 17, 2023

Even real-time decision making is being replaced with before-the-time decision making by predicting events. By leveraging advanced analytics, machine learning, and automation, businesses can better predict demand, optimize inventory levels, reduce waste, and allocate resources efficiently. This was done within seconds.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

Logility

DECEMBER 29, 2020

By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Advanced analytics for manufacturing is a good place to start. Here are some common advanced analytics use cases for manufacturers. How can manufacturers manage disruption and improve productivity?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? Industry events and the press perpetuate the status quo. Here are five reasons to attend: Jump Start Your Learning on the Art of the Possible and New Forms of Analytics.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Logility

DECEMBER 28, 2020

By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Advanced analytics for manufacturing is a good place to start. Here are some common advanced analytics use cases for manufacturers. How can manufacturers manage disruption and improve productivity?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Logility

MARCH 6, 2020

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. Analytical processing speed and accelerated corporate learning.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. They are all essential parts of Kroger’s analytics capabilities and, if leveraged correctly, can provide crucial insights to improve business operations.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Logility

AUGUST 15, 2023

It offers unparalleled visibility, traceability, and disclosure – the true essence of each product’s journey from origin to delivery,” says Vethuizen at this year’s inNOWvate Supply Chain Event. The platform’s ability to aggregate these metrics into a cohesive sustainability score offers a nuanced evaluation of supplier practices.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Logistics Viewpoints

FEBRUARY 3, 2022

Change can creep imperceptibly, so sometimes it takes a major event to wake us up. But you don’t just have to wait to see what has happened; planners can proactively create scenarios to simulate decisions and weigh trade-offs on the metrics that matter across the network, not just one link at a time. A change to one link (e.g.

Inventory Reduction 290

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 290

Logistics Viewpoints

JUNE 1, 2021

During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand. This requires using advanced analytics to analyze historical demand patterns, link the demand peaks to the promotional offers, and adjust future forecasts based on planned promotions.

Inventory Management Software 185

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 185

DELMIA Quintiq

JUNE 21, 2021

In this new, connected world, the Warehouse of the Future is about achieving key operational metrics and exceeding customer service requirements more profitably while supporting sustainability goals. for location, humidity, temperature) that are interconnected across digital networks. billion in 2020 and is projected to reach USD $14.18

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 156

Logistics Viewpoints

MARCH 29, 2024

Now, Walmart is also implementing robotic automation in its Canadian distribution network, with goals including making the process of getting products from trailers into the facility 90% faster than doing it manually in an effort to boost productivity, reduce strain on associates, increases shipping accuracy, and enhance data and analytics.

Prescriptive Analytics Software 251

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 251

ThroughPut

MARCH 24, 2024

Conditions of erratic demands, long-period metrics, and unavailability of raw materials have brought forth a plethora of problems: Trouble managing capacity with high peaks and troughs in demand for goods, capacity management has become a key concern. A common trend underlying these problems is ‘unpredictability’.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Operations and Supply Chain Management

NOVEMBER 21, 2023

With concurrent planning, companies can model different scenarios and probabilities and simulate possible outcomes, enabling them to better understand the potential impact of various events and disruptions on their supply chain. This can be done using RapidResponse’s dashboards and reporting capabilities.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Supply Chain Planning Optimal Sourcing 40

Logistics Viewpoints

NOVEMBER 14, 2022

A multi-enterprise supply chain network platform provides network-based order fulfillment applications and/or advanced network-based supply chain risk analytics. Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

GlobalTranz

SEPTEMBER 23, 2021

transportation metrics ?that Descriptive analytics focuses on utilizing historical data to understand events that transpired and what happened within the network over a set period. Predictive analytics makes predictions about future outcomes based on historical data, statistical modeling, and machine learning.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Resilinc

FEBRUARY 16, 2021

Predictive analytics tool leverages AI to identify how a supplier will perform by analyzing past events and on-time delivery data. The artificial intelligence (AI)-powered tool predicts how a supplier will perform – in the face of disruption – by analyzing past events and on-time delivery data.

Procurement Solutions 62

Procurement Solutions Procurement Analytics Predictive Analytics Software Predictive Analytics 62

Supply Chain View from the Field

MAY 31, 2013

I’ve been leading a few calls for the International Institute of Analytics, as a faculty lead for the manufacturing group. We are preparing for the Chief Analytics Officer meeting coming up in Chicago in June. One of the issues that comes up is where the analytics function should reside – in IT or in the business function?

Analytics Software 74

Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics 74

Logility

MAY 7, 2020

According to industry research, more than half of supply chain executives consider big data analytics a disruptive and important technology, setting the foundation for long-term change management in their organizations. to enable rich and continuous analysis and response to unplanned events. Digital Supply Chain Transformation.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

BlueYonder

FEBRUARY 27, 2024

Logistics teams have a hard time optimizing warehouses for cost, service, sustainability, and other metrics even in the most stable business environment. These questions were the focus of a recent LinkedIn Live event called “Warehouse Execution System: A New Competitive Imperative.” And today’s landscape is anything but stable.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Warehousing Optimization Software 95

DELMIA Quintiq

OCTOBER 7, 2020

Identify metrics, analytics and projects to drive business improvements. There were two primary issues to the discussion: how do we accomplish the goal of operational excellence and where do we start? One place to start is in assembling a well-represented, well-formed steering committee.

Supply Chain Design Software 358

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 358

DynaSys

AUGUST 5, 2021

Analytics requires a strong dedication to gathering data as well as data management. Leveraging a strong analytic model allows you to understand your buying cycles, create predictions and easily pull up information. In demand planning, it’s crucial that you’re all working with the same data sets and metrics when making your plans.

Supply and Demand 52

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 52

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. When it comes to analytics, users have strong business preferences. Analytic Layers of a Global S&OP. Reporting Structure. Data Models. Visualization.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154