Logility

JANUARY 18, 2024

But it is setting the foundation for a new paradigm that could cut 70% of weekly planning time, 15%–30% fewer forecast errors, and impressively improved inventory outcomes. Addressing this “bad data” helps improve forecast accuracy by ensuring the data used by the models is as clean as possible. Want to learn more?

Modeling 191

Modeling Optimal Sourcing Supply Chain Planning Software Supply Chain Software 191

Supply Chain Shaman

APRIL 16, 2024

Focus on improving operating margin, inventory turns, and revenue/employee simultaneously. The goal is to move the supply chain away from a functional cost-based agenda to focus on value (improving margin, inventory, and revenue/employee simultaneously). Seasonal Inventory Build or Asset Capacity to Ramp for a Seasonal Demand Usually.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

Enterra Insights

JULY 18, 2019

.”[1] At the same time, writes SAS’ Rodney Weidemann, “The impact of emerging technologies such as artificial intelligence, machine learning and cognitive computing — the latter underpinned by big data and advanced data analytics — is beginning to be felt.”[2] Omnichannel operations and big data.

Omnichannel 162

Omnichannel Analytics Software Predictive Analytics Software Purchasing Skills 162

Logility

APRIL 17, 2023

of supply chain managers using Excel spreadsheets to manage your inventory and supply chain, it’s time to make a change. By leveraging big data from edge devices, manufacturers can create better demand forecasts, leading to improved service levels, increased revenue, and better customer insight. If you’re one of the 67.4%

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 130

Logility

MAY 7, 2020

Figure 1: Demystifying Data Units. Embracing big data brings the promise of reduced costs, improved customer service, reduced risk and the ability to capture new opportunities. However, capturing the data you need is just the start of the journey. Figure 2: Results Achieved Using Big Data Analytics.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Logility

DECEMBER 10, 2019

Supply chain digital transformation is all about the effective use of ‘Big Data’ through the application of advanced solutions to simplify, automate, optimize and accelerate supply chain operations while minimizing costs, reducing lead times and increasing agility. White paper: Inventory Optimization – Self-Check for Life Sciences.

Supply Chain Planning Software 130

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

Logistics Viewpoints

MARCH 27, 2023

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logistics Viewpoints

FEBRUARY 26, 2024

These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur. For at least a decade, few supply chain professionals knew about these solutions. The pandemic changed that.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. Insufficient warehouse capacity and a lack of containers while supply chain shortages make headline news. We are not good at inventory management. The end result?

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 256

Supply Chain Game Changer

FEBRUARY 17, 2022

What is Big Data? Data and data science has always been a great asset to businesses for years. As data increases with technological advancement, traditional data collection tools and methods are becoming ineffective in making sense of the available data. Subscribe Here! Email Address.

Supply Chain Software 88

Supply Chain Software Data Supply Chain Strategy Predictive Analytics Software 88

Logility

MAY 12, 2020

Indeed, the accuracy of your forecast has a direct impact on the amount of inventory you carry, the number of unplanned production changeovers, and the amount of expedited material shipments. First, aggregated levels of production quantities need to be assigned to production sites based on expected demand and known capacities.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 134

Turvo

JANUARY 13, 2022

Logistics managers rely on clear insight, accurate data, and order visibility to maintain smooth operations day in and day out. Proper planning and execution within the supply chain depend on access to accurate data regarding inventory availability and movement.

Supply Chain Planning Software 86

Supply Chain Planning Software Real-time Visibility Supply Chain Planning Scenario Planning 86

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 110

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

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. Insufficient warehouse capacity and a lack of containers while supply chain shortages make headline news. We are not good at inventory management. The end result?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. Insufficient warehouse capacity and a lack of containers while supply chain shortages make headline news. We are not good at inventory management. The end result?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 195

AIMMS

OCTOBER 22, 2019

We spoke with David Mackenzie , Transformation & Inventory Director at BT, to learn more about this shift and the role AIMMS has played in enabling it. The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from.

Supply Chain Design Software 240

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 240

Enterra Insights

OCTOBER 20, 2020

However, unlike capital, data is useless without tools that enable organizations to better understand, and gain more knowledge. The big data revolution has forced executives to invest in technology that can analyze big data. Optimizing Inventory. route and destination ?— ?a a shipment is headed.”

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Supply Chain Software 100

ThroughPut

MARCH 24, 2024

Conditions of erratic demands, long-period metrics, and unavailability of raw materials have brought forth a plethora of problems: Trouble managing capacity with high peaks and troughs in demand for goods, capacity management has become a key concern. Excess inventories lead to excess wastage.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Logistics Viewpoints

JULY 19, 2021

The idea that a plan is “multi-dimensional” reflects the dimensions of customer demand, capacity, and products. A common set of scenarios is focused on what should be done if there is not sufficient manufacturing capacity to meet the baseline demand projections. This is a Big Data problem to which they apply machine learning.

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

The Logistics & Supply Chain Management Society

MARCH 16, 2021

From September to December 2020, China and a few South East Asian countries started to get back to a fair amount of manufacturing capacities and international logistics resumed for essential services, pharma, food, groceries, medical devices, PPE etc. Escalating freight rates and severe capacity crunch. Recovery Imperatives: Phase II.

Pharmaceutical 246

Pharmaceutical Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 246

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

The Network Effect

JUNE 11, 2014

In part one I laid out the 5 stage maturity model that shows how organizations can turn their “big data” into “big visibility” The stages are 1) Representation; 2) Accessibility; 3) Intelligence; 4) Decision Management; 5) Outcome-Based Metrics and Performance. Note: this is part 2 in a series of posts.

Supply Chain Design Software 195

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Design Prescriptive Analytics Software 195

Supply Chain Shaman

SEPTEMBER 10, 2020

Most are capacity constrained. For years Campbells strove to grow the soup category only to lose share in the soup category due to limited manufacturing capacity for the Swanson’s brand. With air capacity limited due to the decline in air travel, companies moving products using cold chain assets will struggle.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

SCMDOJO

APRIL 9, 2024

From the ubiquity of the Internet and various electronic gadgets, we are now in the era of next-level digital space where businesses and individuals can easily leverage the power of cloud computing, big data analytics, AI, and the Internet of Things (IoT). This is the technology behind smart homes, health monitoring devices, and more.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

ThroughPut

MAY 27, 2022

With the right demand forecasting software , even in these volatile times, it is possible to steer clear of excess inventory, stockouts, and pointless resource utilization. It is actually possible to take strategic and tactical decisions at the same speed at which business operations run, instead of relying on historical, siloed data.

Supply and Demand 75

Supply and Demand Supply Chain Planning Software Demand Planning Software Real-time Visibility 75

SCMDOJO

NOVEMBER 24, 2023

The WMS proves to be a great tool for managing the entire activities of a warehouse, effortlessly handling tasks ranging from inventory management, replenishments, receiving, put-away, picking, packing, and shipping, to tracking the logistics system. Additionally, the inventory is updated on a real-time basis.

Supply Chain Design Software 65

Supply Chain Design Software Supply Chain Planning Software Inventory Management Software Optimization Software 65

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. Beam me up Scotty!!

Supply Chain Planning Software 101

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

Logility

AUGUST 22, 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. Beam me up Scotty!!

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 100

Kinaxis

APRIL 4, 2017

Cognitive computing, IoT and big data are changing the technology landscape. I apologize beforehand to all supply, demand and capacity planners, sales, engineers and statistical forecasters. What do you call a capacity planner who’s had too much to drink? Supply chain disruptions continue to be the norm.

Gartner 182

Gartner Supply Chain Software Supply Chain Supply and Demand 182

The Logistics & Supply Chain Management Society

JULY 20, 2020

Predictive demand can propose prices changes, subject to stock levels and replenishment capacity. This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. Data acquisition and filtering and scenario analysis are time consuming practices in supply chain.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

SYSPRO Smarter ERP

JUNE 7, 2023

Robotic Process Automation Robotic Process Automation (RPA) automates rules-based operations to deal with routine administrative tasks and expedite process completion with speed and accuracy, freeing up human capacity to focus on innovation.

Analytics Software 52

Analytics Software Predictive Analytics Software Supply Chain Planning Software Inventory Management Software 52

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

Talking Logistics

AUGUST 14, 2018

Inventory stockpiling is starting to occur based on prices and supply/demand curves. The driver shortage, growth in e-commerce orders, increased consumer spending and strong economy fueling increased industry production have all combined to aggravate capacity, which is already very tight. Logistics is a whole other ballgame.

Supply Chain Planning Software 105

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Network Software Modeling Software 105

Locus Robotics

MARCH 9, 2023

Robots can safely handle multiple tasks, including moving boxes and pallets, simple assembly, inventory counts, maintaining equipment, and product testing. AI and ML can be applied to inventory management, demand forecasting, freight route planning, and much more.

Supply Chain Software 52

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

Logistics Viewpoints

FEBRUARY 28, 2022

A better forecast leads to carrying less inventory while maintaining or even improving service levels. The improvement in forecasting contributed to an increase in service levels by 10% while reducing inventory investment by 20%. At Coupa supplier risk is also flagged for single source or capacity constraints.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282

Logility

FEBRUARY 21, 2017

The accuracy of your forecast has a direct impact on the amount of inventory you carry, the number of unplanned production changeovers, and the amount of expedited material shipments. Listed in the balance sheet, inventory tends to attract a high level of attention from senior management.

Supply Chain Planning Software 102

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 102

GlobalTranz

AUGUST 15, 2018

Having a tool for accurate demand forecasting and capacity planning allows companies to be more proactive. Robots are locating, tracking, and moving inventory inside warehouses, they are conveying and sorting oversized packages at ground distribution hubs. Big Data helps to oversee everything. billion by the end of 2021.

Logistics Network Optimization Software 135

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing 135