The Logistics & Supply Chain Management Society

MAY 28, 2022

Key to this is the ability to create a more resilient supply chain through expansion and diversification of supplier base; employee training and development; stronger, more transparent key supplier relationships; carrier base expansion and diversification and increasing local sourcing and manufacturing.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Supply Chain Matters

SEPTEMBER 27, 2023

According to the SAP announcement : “ Joule will be embedded throughout SAP’s cloud enterprise portfolio, delivering proactive and contextualized insights from across the breadth and depth of SAP solutions and third-party sources.” It is going to take more time for advanced AI approaches to establish their viability in this segment.

SAP 52

SAP Supply Chain Planning Software Prescriptive Analytics Software Analytics Software 52

Enterra Insights

JUNE 1, 2021

Tamizhkumaran explains, “Cognitive analytics solutions entail self-learning systems and algorithms that mimic the human brain’s thought process in order to analyze large amounts of data quickly and accurately.” One source of tension is retailer chargebacks (or fines) for failing to comply with their compliance requirements.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

Supply Chain Matters

JANUARY 17, 2024

We pointed out that the key challenge was in identifying key performance predictor data (KPP) , either internally and externally sourced, and in structured and unstructured formats.

Predictive Analytics Software 52

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 52

Logility

OCTOBER 12, 2021

You could simply adopt existing guidelines to establish a code of conduct that supports the values you want to see in a socially responsible supply chain. For example, you can demand your vendors source their products according to existing regulations and work only with suppliers and producers who have industry-recognized certifications.

Supply Chain Planning Software 130

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 130

Enterra Insights

MARCH 2, 2021

” Feldman provides some useful guidelines for when cognitive technologies are useful and when they aren’t.[4]. When there are diverse, changing data sources (e.g., 5] Because data comes from a variety of sources and in a multitude of formats, it needs to be digitized. When to Use : When problems are complex (i.e.,

Analytics Software 100

Analytics Software Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software 100

Precoro

JANUARY 29, 2024

Guidelines ensuring the procurement management plan aligns with relevant laws, regulations, and organizational policies to maintain legal and ethical compliance. Strategic Sourcing Diversifying the sourcing channels is a crucial tactic for mitigating the impact of inflation. Compliance and regulations.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Manual data entry for the purpose of generating analytics is a time-consuming and cumbersome process which can result in dirty data. Strategic Sourcing. Centralized Information.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

Precoro

JULY 16, 2023

Whether or not the purchasing manager decides to incorporate outside guidelines, like those from the APS, they should work together with upper management to define these goals. The software also provides managers with comprehensive reports and analytics. As a part of their workload, purchasing managers also carry out analytical work.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

SYSPRO Smarter ERP

OCTOBER 27, 2021

Using IIoT allows data sources from the various compliance systems to provide real-time monitoring so that managers get a full view of how workers are operating on the shop floor. This is a distributed IT architecture in which data is processed as close to the originating source as possible, rather than in the data center.

Manufacturing Procurement 111

Manufacturing Procurement Sourcing Strategies Manufacturing Predictive Analytics Software 111

Supply Chain Game Changer

JULY 29, 2021

The USISPF through donations from its member companies also sourced 1,00, 000 portable oxygen concentrators for home and hospital use. The process included transportation and consolidation in the sourcing country while addressing pain points as local quality checks and transportation capacity bottlenecks.

India 105

India Supply Chain Saudi Arabia Portugal 105

Supply Chain Shaman

APRIL 27, 2016

With cloud-based analytics, non-relational database open source code sharing and advancements in predictive, prescriptive and cognitive analytics, what is old, can become new again. It also does not allow for the deployment of community-based analytics to test and learn. Test/Tune and Then Embrace Analytics.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply Chain Design Software Analytics Software 150

Intelligent Audit

JULY 27, 2021

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Communicate with vendors and team members to ensure goals, processes, and guidelines remain intact. Stress-test your operations and procedures to look for weaknesses ahead of peak season arrival.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

Precoro

APRIL 18, 2023

The first step towards supply chain visibility is to identify all available data sources within the network and import the data from wherever is most relevant: for instance, automatically via API or from manual, shared spreadsheets. and prescriptive analytics to define “What should we do?”

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

DynaSys

FEBRUARY 3, 2021

Understand their sources of income. Some examples may be rules restricting availability of transport stock and routes, laws limiting workforce liberties or effectiveness, short-term working capital guidelines, etc. Start leveraging your planning capabilities with state-of-the-industry advanced analytics and data visualization.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

ThroughPut

APRIL 28, 2020

Predictive analytics: Capacity Planning Software that includes predictive analytics capabilities to enable manufacturers to accurately predict future capacity requirements is critical. This also helps define specific parameters to access advanced and predictive analytics reporting to support capacity projections.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

ThroughPut

APRIL 28, 2020

Predictive analytics: Capacity Planning Software that includes predictive analytics capabilities to enable manufacturers to accurately predict future capacity requirements is critical. This also helps define specific parameters to access advanced and predictive analytics reporting to support capacity projections.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

ThroughPut

APRIL 28, 2020

Predictive analytics: Capacity Planning Software that includes predictive analytics capabilities to enable manufacturers to accurately predict future capacity requirements is critical. This also helps define specific parameters to access advanced and predictive analytics reporting to support capacity projections.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

RFgen

MARCH 10, 2023

LEARN MORE: Pros & benefits of mobile inventory management » That said, standardizing procedures, such as using standard operating procedures (SOPs), can also help improve order picking accuracy by providing clear guidelines for picking and reducing the risk of errors. Standardization enables scalability and simplifies training.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

Supply Chain Matters

AUGUST 15, 2023

Such models can consist of billions of data and information sources, supported by enormous data analysis and compute power, that are developed or learned over time. These areas can often include supply chain planning, sourcing and procurement, customer fulfillment, logistics, transportation and other application areas.

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Software Predictive Analytics Software Prescriptive Analytics Software 52

Talking Logistics

OCTOBER 29, 2013

Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Sourcing uses P.O. performance metrics to influence vendor behavior and impact sourcing choices. Logistics staff manages transportation costs through mode and carrier selection guidelines. Encourage ongoing stakeholder input. You can ignore P.O.

Pricing Training 146

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 146

Supply Chain Trend

DECEMBER 22, 2023

Additional benefits of good decision practices are reducing (non automated) decision time with 75%, reducing wasted analytics with 60% and improving employee engagement with 50%. Augmented analytics runs (automated) advanced analytics to provide unique insights or different possibilities to a planner/user.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Vinculum

MARCH 20, 2020

An invaluable source for business return insights. In simple words, data has the power to identify, gather, process and most importantly, analyze raw information you generate from multiple sources like websites and more. By now, it must be understood that there can be multiple sources of data for different organizations.

Data Management 52

Data Management Sourcing Strategies Optimal Sourcing Data 52

NC State SCRC

DECEMBER 3, 2018

As shown on the front page of the WSJ article, the authors reference the source of the indices used to form the list, which segments the top 250 companies out of a list of 750 total. Innovation Financial Strength, Social responsibility, Employee engagement and development, and customer satisfaction.

Supply Chain Design 56

Supply Chain Design Sustainability Guidelines Modeling 56

Enterra Insights

FEBRUARY 24, 2021

Sources of bias. There are primarily two sources of bias that can have ethical implications. The first source is data bias. Pierre DeBois ( @ZimanaAnalytics ), founder of Zimana Analytics, explains, “Central to any AI discussion is data. Often, AI bias originates in the data from which it learns. Footnotes. [1]

Modeling Software 100

Modeling Software Analytics Software Optimization Software Guidelines 100

o9 Solutions

JANUARY 25, 2023

More specifically, data must be provided for the following: Material sourcing Carbon footprint Percentages of recycled materials used Battery durability Repurposing and recycling guidelines ( Global Battery Alliance, 2022 ). The required information links to production information and targets for recycled content in batteries.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Supply Chain Game Changer

SEPTEMBER 2, 2020

Emerging Technologies like AI, IoT, Robotics, Data Analytics, etc. At the initial step, any business which is deciding whether to go for Pick-up at the curb offering or not, they should follow the broadcasted guidelines of their local government. There could also be different guidelines in place, depending on your location.

Shipping 53

Shipping Cost Reduction Strategies Inventory Reduction Sourcing Strategies 53

Enterra Insights

APRIL 13, 2020

Benish Shah ( @benishshah ), Chief Growth Officer at Loop and Tie, and Bradley Johnson ( @bradage ), Ad Age ‘s director of data analytics, offer very difference crisis marketing advice. ” She shares some guidelines that may help marketing efforts during a crisis: 1. Marketing during a crisis. Short answer: Don’t.”[1]

Procurement Analytics 100

Procurement Analytics Just-in-Time Purchasing Skills Sourcing Strategies 100

QAD

MARCH 28, 2019

For example, use a product configurator rather than an engineering approval process, and use built-in parameters to ensure that order discounts are within guidelines. Consider unreimbursed freight as an early warning signal, and then use these other metrics to pinpoint the sources of the problems. Take advantage of built-in analytics.

Customer Service 80

Customer Service Metrics Forecasting Forecasting Software 80

Enterra Insights

DECEMBER 27, 2022

“Analytics have successfully helped combat white collar crime, such as credit-card fraud, and could also prove useful in preventing cyber-crimes in the future. ”[5] In order to optimize the upsides of AI, and minimize it downsides, Andrea Brown , founder of Reliabl, insists city governments must adopt proper guidelines.

Optimal Sourcing 130

Optimal Sourcing Optimization Software Analytics Software Predictive Analytics Software 130

Precoro

JUNE 21, 2023

Around the world, governments and regulatory bodies have established guidelines for companies’ accounting departments to follow when it comes to bookkeeping. Let’s take a look at how following standardized guidelines can benefit companies and, specifically, their AP departments. What is GAAP?

Procurement Analytics 98

Procurement Analytics Expense Reduction Procurement Solutions Guidelines 98

Supply Chain Game Changer

AUGUST 22, 2019

This requirement provides protection to the broker’s customers in the event business transactions do not follow federal guidelines. Some business connections come from networking with other transportation industry professionals, while others are sourced from previous jobs or employers. Continuing Education.

Freight 63

Freight Expense Reduction Supply Chain Design Software Supply Chain Planning Software 63

Provenance

OCTOBER 1, 2018

Source and test new digital channels and areas for growth. Develop the Provenance brand profile, marketing materials and comm’s guidelines with a clear tone of voice that anyone in the Provenance team can follow. Ensure accurate reporting of key daily metrics to optimise outreach.

Supply Chain Planning Software 40

Supply Chain Planning Software Analytics Software Supply Chain Network Software Negotiating Skills 40

NC State SCRC

MARCH 15, 2016

I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. 22,000 sourcing events. $50 ” One way this will happen is though the use of big data analytics (Watson) and cognitive computing. 50 billion in spend managed. 740,000 purchase orders.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Baltimore Analytics Software 40

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. Here are a few guidelines I’ve encountered over the years that might help people think more about selecting and establishing metrics for your supply chain. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Enterra Insights

DECEMBER 1, 2021

The now-defunct Cognitive Computing Consortium explained: “ The cognitive computing system offers a synthesis not just of information sources but of influences, contexts, and insights. Its results come from using predictive and prescriptive analytics–not pre-trained algorithms. When there are diverse, changing data sources (e.g.,

Prescriptive Analytics Software 130

Prescriptive Analytics Software Predictive Analytics Software Analytics Software Predictive Analytics 130

NC State SCRC

JANUARY 1, 2023

These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider. Walmart will pay more for domestic sources, but will not be burdened with the inventory and purchasing FOB. Inflation will persist.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94