ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Supply chain optimization software can help companies navigate challenges, streamline operations, and achieve sustainable success. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Supply Chain Shaman

JUNE 9, 2023

The discussions included the pros and cons of probabilistic versus deterministic optimization, advancements in Artificial Intelligence (AI) and Deep Learning, and improvements in Machine Learning. Each box has an optimizer that drives output from a model based on a functional definition using enterprise data. My response is a big YAWN.

Optimal Sourcing 314

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 314

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. I would prefer for companies to invest in the building of outside-in processes, supply chain design capabilities, and network automation. Contract Manufacturing Signal Latency. Reduce Data Latency in Networks.

Supply Chain Planning Software 349

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 349

Supply Chain Shaman

NOVEMBER 15, 2023

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. Let’s zoom to the bottom line: the results are less than optimal for all the monies spent and practices deployed. When he speaks of the supply chain, he means procurement.

Supply Chain Planning Software 404

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 404

Logistics Viewpoints

MAY 16, 2022

ARC has done research and writing on supply chain collaboration networks. A supply chain collaboration network (SCCN) is a key technology for improved collaboration across an extended supply chain. SCCN solutions provide supply chain visibility and analytics across an extended supply chain. But something called ERP 4.0

Supply Chain Planning Software 212

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 212

ThroughPut

AUGUST 4, 2020

What is Supply Chain Analytics? Supply Chain Analytics aims at enhancing the manufacturing operational efficiency and overall operational effectiveness by enabling informed data-driven decisions across the factory floor. Value Delivered by Supply Chain Analytics. Supply Chain Analytics- Opportunities.

Manufacturing Procurement 52

Manufacturing Procurement Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Logility

OCTOBER 6, 2021

A supply chain traceability solution provides clear visibility into every tier of your supply network. For example, you can use data from transactions to create compliance certificates that prove merchandise was not manufactured with forced labor. Legal Compliance. Enhanced Business Performance. Financial Planning.

Optimal Sourcing 130

Optimal Sourcing Network Optimization Vendor Strategies Supply Chain Optimization 130

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

ModusLink Corporation

APRIL 22, 2024

Consider the unique requirements of your manufacturing process. For high-volume manufacturers, proficiency in efficiently managing large quantities of the same components is essential. Their expertise in electronic component kitting and assembly can streamline your operations and ensure optimal efficiency.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement.

Manufacturing Procurement 166

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 166

SCMDOJO

APRIL 29, 2024

We’ll also delve into the importance of technology and data analytics in optimizing supply chain operations. From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey.

Supply Chain Planning Software 84

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 84

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. I observed companies use the beer game as an educational tool or a social networking activity. Don’t limit your thinking to only the optimizers. This is despite the deployment of ERP, descriptive analytics, APS, SRM, and teams of data scientists working on their data lakes.

Supply and Demand 393

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 393

ThroughPut

MAY 14, 2024

Systems like the Manufacturing Execution System (MES) have been producing operational data for decades. Perhaps there is no bigger pushback that AI and data analytics companies get from industrial companies than “we don’t have data”. Today, many manufacturing companies are using equipment that records vast volumes of sensor data.

Prescriptive Analytics Software 52

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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

JUNE 23, 2020

Let’s celebrate that over the last two years, there were four significant acquisitions by traditional supply chain planning providers to deepen analytics capabilities: 07/2018 JDA purchases Blue Yonder (Purchase price confidential.). Procurement and transportation operated as islands. This is no longer true.

Supply Chain Design Software 295

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 295

Logistics Viewpoints

JUNE 1, 2023

The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions. This means continuously assessing the trade-off between the total cost to serve and meeting customer demand and minimizing lost sales.

Supply Chain Planning Software 194

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 194

Enterra Insights

JANUARY 17, 2019

Nevertheless, over the past few years there have been some significant changes in the manufacturing sector, including the maturation of additive manufacturing and the emergence of the Internet of Things (often referred to as the Industrial Internet of Things (IIoT)). Manufacturing trends. ”[1] Those arguments still hold.

Manufacturing Procurement 100

Manufacturing Procurement Prescriptive Analytics Software Trends Manufacturing 100

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Manufacturing process complexity, including sourcing of complex parts and part relationships. If nothing else, the last few years highlighted the importance of sourcing strategically.

Prescriptive Analytics Software 195

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 195

ShipBob

DECEMBER 13, 2023

Maintaining a balanced level of ecommerce inventory so that you can achieve maximum profitability is what optimizing inventory health is all about. Optimized storage space: Prevents overstocking, maximizing warehouse utilization. Reduced spoilage and obsolescence: Critical for perishable or trend-sensitive products.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. They are impatient that they know more about pizza’s status for lunch before their zoom meeting than the inbound shipment status for their critical manufacturing run. Reflection. The supply chain career is new. Thumbs Up.

Supply Chain Design Software 312

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 312

Supply Chain Shaman

JUNE 1, 2022

Ironically, analytics capabilities increased greatly, while organizational capabilities precipitously declined. Sadly, there is less focus on optimization to drive outcomes. The organization with deep manufacturing “roots” automated factories and trucks but did not align make, source, and deliver together.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195

ToolsGroup

OCTOBER 12, 2021

Brands like American Eagle Outfitters focused on inventory optimization and flexibility, supply chain transformation, lower SKU counts and fewer shipments per order for improved supply chain performance. As a result, procuring materials from suppliers, factory production and warehouse logistics had become much more complex.

Supply Chain Planning Software 156

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

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. Also, it bridged the divide between manufacturing operations and service (logistics) operations, explains Springer Link. The State of Supply Chain 2016 Trends. Agile = The New Lean.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Logility

JULY 14, 2022

based furniture manufacturer. based furniture manufacturing company who needed support rightsizing its inventory across its global supply chain network and reducing safety stock. Supply and Demand Chain Executive honors results-proven partnership with large U.S.-based ATLANTA, GA (July 14, 2022) – Logility, Inc., and L.I.N.K.

Logility 173

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

Locus

JUNE 2, 2023

The main objectives of inbound logistics are to ensure timely and efficient delivery of materials to support production processes, optimize inventory levels, minimize costs associated with transportation and storage, and maintain good relationships with suppliers. Focus Procurement, receiving, storage, and inventory management.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Logistics Network Optimization Software Supply Chain Optimization 52

Logility

AUGUST 23, 2021

To ensure long-term growth and protect customer loyalty, businesses need to strive for the automation of supply chain planning – from anticipating emerging demand and optimizing manufacturing capacity to adjusting inventory allocations, minimizing costs, and increasing efficiency when required. Minimizing Manufacturing Changeovers.

Supply Chain Software 130

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 130

Logistics Viewpoints

FEBRUARY 8, 2022

This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever. To compete with Amazon, most retailers and manufacturers have had to dramatically shorten their own delivery windows. Navigating an Increasingly Challenging Logistics Landscape.

Logistics Network Optimization Software 189

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 189

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Elementum

AUGUST 25, 2022

Production costs are lower, where manufacturers can depend on their supply chain to deliver parts or materials required for essential projects. SCM also lowers supply chain costs by designing networks that meet KPIs and customer service targets at the lowest possible expense.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 78

Supply Chain Shaman

FEBRUARY 14, 2022

The tight integration of the budget in redefinition of S&OP to IBP is a strong deterrent to building a responsive value network. Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Figures 2 and 3. Mistake #5. Measurement.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chains Rock

MAY 9, 2012

Analytics Powering the Next Evolution of the Supply Chain. The chart, pasted below, focuses on how IBM is using analytics to not only optimize the supply chain, but to actually predict how issues in the world will impact operations. Analytics has got huge scope to get integrated in supply chain in terms of analysing spend data.

Predictive Analytics 174

Predictive Analytics Analytics Supply Chain Optimization Supply Chain 174

SCMDOJO

MARCH 15, 2023

If you are in the supply chain industry, you are probably well aware of the constant need to optimize processes and improve communication between stakeholders. With its ability to automate tasks, gather data, and optimize processes, it can be a powerful tool for businesses to streamline their supply chains.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 126

Logistics Viewpoints

MAY 27, 2021

Every day, retailers and manufacturers are challenged to balance ambitious customer service promises with profit margin protection. Today’s expanded transportation, warehousing and labor networks provide companies with many more options, which means greater bargaining power. A Top-Level Vision Is Key to Enabling Agility.

Optimal Sourcing 232

Optimal Sourcing Logistics Network Optimization Software Supply Chain Software Modeling 232

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can be caused by factors such as natural disasters, political unrest, trade disputes, or disruptions in transportation networks. The digitization of supply chain processes, the use of big data analytics, and the emergence of technologies like blockchain and artificial intelligence have revolutionized supply chain operations.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Logility

APRIL 29, 2021

As global supply chains and procurement scrutiny become more and more complex, risks increase and the range of stakeholders who demand a compliant supply chain has increased from simply regulators to investors, providers, partners, consumers, and the media. Do you know how your current compliance process is working?

Optimal Sourcing 203

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 203

My Office Apps

MAY 30, 2023

Whether you’re a small distributor looking to scale up or an established one aiming to optimize processes, implementing an ERP system can be a game-changer for your business. Enhanced Inventory Management Effective inventory management is crucial for distributors to avoid stock-outs , optimize storage, and reduce carrying costs.

Optimal Sourcing 78

Optimal Sourcing Inventory Management Software Supply Chain Planning Software Optimization Software 78