Logistics Viewpoints

FEBRUARY 28, 2022

They tell me, the model with either a first principles or pure data plus AI, the model accuracy would be in the 90-97% range. But hybrid models that combine first principles, data-driven models, and AI, they have 99+% accuracy. Demand Planning Models Really Can Learn.

Optimal Sourcing 284

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 284

ToolsGroup

JULY 10, 2018

The days of simply using statistical methods to forecast future demand using past sales history are fading. Computing power and storage capacity have grown exponentially, while the cost of both have plummeted. More and better data has turned demand analytics into mainstream reality. Demand Planning.

Supply and Demand 120

Supply and Demand Demand Planning Software Forecasting Forecasting Software 120

SCMDOJO

APRIL 4, 2023

Importance of Supply Chain Analytics Five Types of Supply Chain Analytics Benefits of Supply Chain Analytics Challenges in Implementing Supply Chain Analytics Supply Chain Analytics System Architecture Role of Big Data What is Supply Chain Analytics? What are some examples of Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Logility

AUGUST 23, 2018

Complexity opens risks of miscommunication and disruptions, often from incorrect or incomplete data. Clean and consistent data is required to harness the power of investments in analytics, digitization, optimization, machine learning, big data and other advanced supply chain capabilities.

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Optimization 101

Logility

JULY 4, 2018

Complexity opens risks of miscommunication and disruptions, often from incorrect or incomplete data. Clean and consistent data is required to harness the power of investments in analytics, digitization, optimization, machine learning, big data and other advanced supply chain capabilities.

Chemicals 113

Chemicals Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization 113

Logility

JULY 5, 2018

Complexity opens risks of miscommunication and disruptions, often from incorrect or incomplete data. Clean and consistent data is required to harness the power of investments in analytics, digitization, optimization, machine learning, big data and other advanced supply chain capabilities.

Chemicals 101

Chemicals Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization 101

ToolsGroup

JUNE 7, 2016

Source: Algorithmic Supply Chain Planning: The Future of SCP , Amber Salley, May 2016. The analyst firm says algorithms “are now feasting on the wealth of data becoming available, leveraging the huge computing resources in the cloud and becoming a pivotal source of competitive differentiation.”

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Planning Supply Chain Software 120

SCMDOJO

NOVEMBER 17, 2023

As the global demands on supply chains intensify, SCM professionals must continuously cultivate new skills and refine existing ones. These include: Capacity Planning: Ensuring timely availability of resources, such as manufacturing capacity and distribution center capacity, to meet logistics and supply chain needs.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 72

ToolsGroup

DECEMBER 17, 2020

That supply chain is still disrupted; not so much because of low manufacturing and logistic capacity but mainly due to the disconnects and poor coordination between the different tiers and enterprises in the E2E supply chain. Needless to say, that transaction did not make me a happy, loyal customer. resulting in disastrous performance.

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

ThroughPut

MAY 16, 2024

By sourcing materials from eco-friendly suppliers, companies can further reduce their carbon footprint. An accurate view of the demand enables supply chain managers to get the right picture of the market demand and supply fluctuations and maintain the right amount of inventory available at all times.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

DynaSys

APRIL 28, 2021

As far as I know, some advanced practices show that it is possible to get rid of those inaccurate forecasts that sales or demand planning teams were used to do. In that case, Demand-driven MRP is the best example. Based on the real demand, I can operate my supply planning without using precisely wrong forecasts.

Forecasting 52

Forecasting Forecasting Software Optimal Sourcing S&OP 52

o9 Solutions

NOVEMBER 4, 2021

With the demand for renewable energy sources increasing worldwide, Vestas decided to digitally transform its supply chain with the aim of supporting its global growth and its ability to better navigate disruptions. The company services wind turbines in 83 countries across the globe. Vestas selected o9 Solutions to meet these goals.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Forecasting Software 52

ThroughPut

MAY 2, 2022

For true supply chain agility, real-time planning must be incorporated into each of the following four phases. This involves vendor integration, resulting in efficient, effective sourcing of material with the help of strategic partnerships and cooperation. Sense, anticipate, and manage customer demand. Procurement. Production.

Real-time Visibility 59

Real-time Visibility Supply Chain Planning Software Supply Chain Planning Scenario Planning 59

Locus Robotics

MARCH 9, 2023

Data sharing—integrating data sources involved in a supply chain process—is another automation tool that can help with inventory management. AI (using data captured by IoT readers) can analyze the movement of goods and create warehousing blueprints that reduce travel distances and maximize efficiency.

Supply Chain Software 52

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

Supply Chain Shaman

NOVEMBER 29, 2015

Hadoop is an open-source software framework written in Java for distributed storage and processing of large data sets on computer clusters. Hadoop splits files into large blocks and distributes the data over the nodes in the cluster. The data is not moved. (In Most consultants will say that the answer lies in Big Data.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

ThroughPut

MARCH 25, 2024

Companies that excel in demand forecasting can optimize their supply chain operations, reduce costs, increase profitability, and stay ahead of competitors in meeting customer needs while ensuring long-term success and resilience. What are the Differences Between Demand Planning and Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Arkieva

JUNE 21, 2016

Supply Chain Complexity 1 – Plan/Source/Make/Deliver/…. They create excess inventory which is consuming cash and sometimes scarce capacity. Demand planning. Demand Planning is still a big struggle in many, even mature companies. Getting to grips with clean data. Supply chain is complex.

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Planning 66

BlueYonder

JANUARY 5, 2017

In order to build the necessary agility and control over both the customer experience and associated profitability, the following processes need to be re-invented and integrated differently: Demand Planning. Figure 1 shows how various new data sources can enrich the demand-shaping effort. Fulfillment. Warehousing.

Real-time Visibility 48

Real-time Visibility Modeling Supply Chain Planning Software Supply and Demand 48

Arkieva

JANUARY 6, 2017

View the full post or view the snippet below: I was talking to a director of demand planning for a big chemical company at a trade show a few months ago. Supply Chain Complexity 1 – Plan/Source/Make/Deliver/…. In the post, he correctly argues that the case for big data is sometimes exaggerated.

Inventory Reduction 62

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 62

BlueYonder

APRIL 16, 2015

The logistics function becomes more professional and enables planning processes connecting the entire supply chain, from the forecasting department through distribution, production and sourcing. Stage 3—Demand Focus. In Stage 4, supply chain becomes a source of competitive advantage. Stage 4—Customer-centricity Focus.

Sourcing Strategies 40

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Modeling 40

Supply Chain Brain

MARCH 26, 2018

has helped humans to get a better grasp of the possibilities, as they sift through the mass of information called “big data.” Creating a long horizon is important because the buyer need to have an accurate sense of a supplier’s total capacity for producing over time. Still, the coming of A.I.

Modeling 40

Modeling Optimal Sourcing Predictive Analytics Software Supply Chain Design Software 40

NC State SCRC

FEBRUARY 12, 2017

It focuses on leveraging the corporate infrastructure and its SAP and SAP Hana implementation, in order to span all activities from order to cash and from demand planning to customer delivery and return. There are systems directors in both the procurement and logistics/planning teams.

Analytics Software 40

Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Design Software 40

ThroughPut

APRIL 2, 2020

Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfillment, and production capacity planning. Demand planning. Factory floor control. This helps eliminate the ever-shifting bottlenecks. . Industry 4.0

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

6 River Systems

JUNE 29, 2020

Automate elements of your supply chain for better data. “Some companies are starting to invest in creating data-backed profiles of their supplier base so they know where and when to look for second sources. Develop alternative sources and diversify value chains.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain Game Changer

AUGUST 6, 2020

Data Driven Supply Chain Innovation with Digital Twinning. Internet of Things, Machine Learning and Big Data are at the heart of supply chain digital transformation. The next step is to gather these data which are identified at earlier step. This step focuses on data availability & accessibility.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 78

Infosys Supply Chain Management

NOVEMBER 11, 2011

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. First best practice is to set up the formal demand planning process in the organization. Business Process Outsourcing.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Planning Supply and Demand Scenario Planning 22

Infosys Supply Chain Management

NOVEMBER 28, 2011

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Inventory and Capacity Visibility to Order Management System. Business Process Outsourcing. Customer Service. Human Resources.

Manufacturing Procurement 20

Manufacturing Procurement Supply Chain Planning Software Inventory Reduction Agile and Lean Supply Chain 20

6 River Systems

FEBRUARY 22, 2019

Inventory not only ties up working capital, which has its own cost that can impact the bottom line, but it also occupies space which costs money, requires handling which costs money and, when a warehouse’s storage is over-capacity, it creates inefficiencies in the workflow around the warehouse, which again will cost money.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56