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Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Megatrends Shaping Supply Chain Innovation. And what are the key industry trends and innovations? In E2open’s Supply Chain Innovation Report 2021 , 73% of respondents claimed their supply chain is either moderately, slightly, or not at all resilient. Supply chain mapping is key to ongoing innovation.

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My Failure Of Using Design Thinking To Drive Supply Chain Innovation

Supply Chain Shaman

This post focuses on my failure to use design thinking to spark innovation with supply chain teams and my lessons learned. Today, six years later, I reflect on the gaps of the methodology as it applies to supply chain innovation. Remember the need for goal clarity, rules, and clear metrics in my opening paragraph?

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Don’t Wait to Innovate: 3 Key Benefits of Causal Forecasting

Logility

A traditional forecasting model might look at last year’s sales metrics to predict this year’s. Manufacturers can supercharge their predictive analytics capabilities by embracing innovative technology that supports it, like Logility. Let’s consider a simple example—daily sales of ice cream.

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Using Analytics To Address Supply Chain Challenges

Silvon Software

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. To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance.

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ToolsGroup Named Leader in Five G2 Categories for Winter 2024

ToolsGroup

Solutions in the Demand Planning category must produce reliable forecasts by extracting key insights from metrics like inventory trackers, converting raw data into actionable forecasts, supporting automation, and leveraging predictive analysis. Additional Resources: See ToolsGroup’s G2 reviews HERE.

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Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

Customer-centric Innovation Drives Value. Intuitive Surgical, L’Oreal, and Sleep Number drove excellence through product and service innovation to outperform their peer groups. Consider the role of functional metrics and the lack of alignment with the corporate scorecard.) The gaps widened in the past five years.

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Innovation in Supply Chain Management: Driving Efficiency and Success

American Global Logistics

In today's rapidly evolving business landscape, innovation has become a key driver of competitive advantage. This article explores the importance of innovation in supply chain management and highlights key areas where innovation can revolutionize traditional practices. Recycling and reuse lend themselves to innovation.