SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. They can understand their supply chain operations with more precision. How does data analytics help supply chain optimization?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Silvon Software

AUGUST 8, 2022

While beneficial, this also brings added complexity to the supply chain in a number of ways. 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.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

ToolsGroup

JUNE 19, 2018

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. Most supply chains are complex and getting more so. Global supply and demand networks.

Optimization Software 197

Optimization Software Inventory Demand Planning Software Modeling 197

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

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 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. What is Supply Chain Analytics? In the early 2000s, companies began embracing ERP systems to analyze supply chain performance.

Prescriptive Analytics Software 52

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

QAD

APRIL 23, 2024

An Introduction to How FTZ Software is Changing FTZ Management for the Better Foreign-Trade Zone (FTZ) management has a reputation for being complex, especially regarding inventory management. US Customs and Border Protection (CBP) requires precise inventory recordkeeping and control. That’s what we’ll be answering today.

Inventory Management Software 97

Inventory Management Software Analytics Software Optimization Software Supply Chain Software 97

Supply Chain Management and Analytics

JULY 15, 2021

Operationally, profit margins have been stubbornly flat and supply chain performance measured in inventory performance has been worsening over the last five yearsii. Strategically, the shifting … Continue reading "Big Data Analytics for Wholesalers and Distributors".

Big Data 52

Big Data Analytics Data Supply Chain Performance 52

Bristlecone

JUNE 24, 2020

Analytics are key to enabling data-driven decisions that enhance supply chain performance. Managing demand volatility, controlling spend, achieving end-to-end visibility, optimizing inventory – these are all made possible through advanced analytics. Building a Supply Chain KPI Framework.

S&OP 52

S&OP Supply and Demand Analytics KPI 52

ToolsGroup

JUNE 19, 2018

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. Most supply chains are complex and getting more so. Global supply and demand networks.

Optimization Software 120

Optimization Software Inventory Demand Planning Software Modeling 120

o9 Solutions

FEBRUARY 25, 2020

Analytics Driven Control Tower to Align Supply Chain Policies to Business Strategies and Market Needs. Top Reasons Organizations are Upgrading their Supply Chain Analytics Capabilities. Ability to answer real demand and supply change what-ifs. Optimal Network Sourcing Analytics.

Analytics Software 52

Analytics Software Optimal Sourcing Analytics Supply Chain Design Software 52

DynaSys

OCTOBER 7, 2021

Are you interested in Advanced Analytics for your Supply Chain? Manage costs, improve profit: these are the top priorities for supply chain executives today (cf. PwC Global Supply Chain Survey). Sourcing and supplier performance. Forecasting and planning. Production Insight.

Analytics Software 52

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

Supply Chain Shaman

NOVEMBER 29, 2021

Supply Chain Variability is low and controllable. The lengthening of cycle times of the supply chain is less impactful than the increase in variability to supply chain performance. Changing Analytic Capabilities. Inventories are out of balance with demand and the rising need for write-offs.

Supply Chain Planning Software 276

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 276

Supply Chain Shaman

JULY 25, 2021

The potential for supply chain performance declined in each of these industries. In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. While market potential declined, individual company performance declined faster. The reason?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

NOVEMBER 29, 2021

Supply Chain Variability is low and controllable. The lengthening of cycle times of the supply chain is less impactful than the increase in variability to supply chain performance. Changing Analytic Capabilities. Inventories are out of balance with demand and the rising need for write-offs.

Supply Chain Planning Software 264

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 264

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

Supply Chain Shaman

JUNE 30, 2023

As a supply chain leader, he is struggling how to dance in the ring of fire. The ring of fire is corporate politics at the executive level on supply chain performance. Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 312

Logility

NOVEMBER 21, 2016

Climbing the Ladder of Analytics Value. Amid the general buzz in the supply chain planning field regarding optimization solutions and algorithmic planning, a diagram of value vs. difficulty lays out four stages of analytics by their difficulty and potential value. The Descriptive Analytics level is easiest to achieve.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics 100

Supply Chain Shaman

NOVEMBER 29, 2021

Supply Chain Variability is low and controllable. The lengthening of cycle times of the supply chain is less impactful than the increase in variability to supply chain performance. Changing Analytic Capabilities. Inventories are out of balance with demand and the rising need for write-offs.

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 195

Clear Spider

OCTOBER 26, 2022

For many of these successful companies, a Vendor Managed Inventory (VMI) system is the secret to their enviable growth. To break it down, efficient supply chain and inventory management practices should do two things: minimize inventory costs and maximize profits. Why Vendor Managed Inventory?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

ToolsGroup

OCTOBER 12, 2021

As supply chains continue to grapple with volatility and disruption post-pandemic, fashion brands, who faced increased risks during the pandemic because of lockdown, are now turning to better supply chain planning for fashion strategies with the end goal of achieving improved agility and a competitive advantage.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Optimal Sourcing 156

Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. Supply Chain Performance over the Period of March 2020 to July 2022. Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. My take away?

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Logistics Viewpoints

DECEMBER 2, 2021

import volumes still climbing (see Figure 1), limited processing capacity at key West Coast ports and the International Longshore and Warehouse Union (ILWU) contract expiring next summer, importers will be scrambling to maintain the inventory they need to support the demand increase.

Predictive Analytics Software 312

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 312

DELMIA Quintiq

JUNE 21, 2021

Data intelligence, analytics and machine learning Warehouses are expected to play a key role in increasing customer satisfaction, effectively predicting product demand and making better use of the resources at hand. This helps in optimizing inventory management as well as in making the warehouse safer while increasing visibility.

Inventory Management Software 156

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

Logistics Viewpoints

APRIL 10, 2024

For example, an agile supply chain may have real-time data, advanced analytics, decision support tools, and cross-functional teams to monitor, diagnose, and solve problems. Redundancy is the ability of a supply chain to have extra or alternative resources and options to cope with disruptions.

Baltimore 250

Baltimore Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 250

Unleashed

MARCH 6, 2024

Agile supply chain management is especially important in today’s dynamic business landscape, where customer expectations, technological advancements, and environmental uncertainties are constantly evolving and creating new challenges and opportunities for supply chain performance. Let’s dive in.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Logility

MARCH 21, 2023

More importantly, better decisions can be made faster by replacing outdated spreadsheets and paper reports with in-the-moment, predictive data analytics delivered through the platform. This information allows CSCOs to react to real-time differences between inventory levels, budgets, and fiscal projections.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Scenario Planning Supply Chain Planning 130

crisp

NOVEMBER 2, 2023

Through the partnership, CPG brands can leverage the latest retail data to minimize deductions and improve supply chain performance. For example, real-time, store-level visibility into sales performance can inform demand planning and inventory optimization to improve service levels.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Analytics Software Optimization Software 52

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

ToolsGroup

JUNE 11, 2020

ToolsGroup extends congratulations to SKF, which edged out tough competition from other finalists Shell Lubricants and Siemens to win the 2020 Gartner Supply Chainnovator Award in the Industrial category. SKF’s use of a digital twin for analytics to support integrated planning demonstrated exceptional supply chain innovation.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. Business continuity is the discussion dejour for a supply chain team.

Supply Chain Design Software 195

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

Veridian Solutions

AUGUST 5, 2019

Omnichannel supply chain analytics provide the level of insight needed to succeed in the omnichannel-driven world. Where Do Supply Chain Leaders Go Wrong with Omnichannel Supply Chain Analytics? The biggest problems with omnichannel analytics can be traced back to a simple issue.

Omnichannel 40

Omnichannel Analytics Software Analytics Supply Chain Strategy 40

QAD

JUNE 20, 2023

A well-functioning supply chain ensures that a company has the right materials, at the right time, in the right quantities, to meet customer demand. One area that is often overlooked is the impact that the plant floor can have on overall supply chain performance and success.

Optimal Sourcing 90

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 90

Silvon Software

JULY 22, 2022

Supply chain performance KPIs are invaluable measurements that support the growth and success of a company’s supply, fulfillment and delivery efforts. While supply chain KPIs should be chosen based on your organization’s specific needs, certain ones are effective for most businesses. Cash-to-Cash Time Cycle.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Logility

JUNE 2, 2022

“Challenges remain and continue to evolve in today’s global supply chain, and companies have increasingly complex needs not only to succeed but to simply stay afloat,” said Allan Dow, president, Logility. logistics, reduce and speed inventory, and neutralize transportation cost?increases Logistics ?is enterprises.

Logility 173

Logility Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software 173

Talking Logistics

APRIL 16, 2015

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions. What are my lost sales?

Inventory Reduction 100

Inventory Reduction Material Savings Cost Reduction Strategies Price Mitigation Strategies 100