AFFLINK

MARCH 20, 2017

You can’t open a major tech news site these days without encountering the words “big data.” What is Big Data? The easy question first: what is big data? As explained by a recent IBM report, “Big data is being generated by everything around us at all times. How Can Big Data be Used?

Optimal Sourcing 54

Optimal Sourcing Big Data Supply Chain Optimization Modeling 54

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. The company had access to huge amounts of trade data, for example. Do I need more inventory?

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

NC State SCRC

AUGUST 18, 2022

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. Given the recent rapid inflationary pressure and the challenges of significant material shortages in 2022, there is growing pressure on procurement to continue to deliver value, as never before.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

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? It is an essential element of supply chain management.

Prescriptive Analytics Software 110

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

Supply Chain Shaman

SEPTEMBER 22, 2021

At the end of the presentation, I asked Allyson her perspective on open source analytics. This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). We started the pandemic with twenty-one more days of inventory than we had in 2007.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Procurement Academy

JANUARY 25, 2021

Retail Academy is the newest venture of Procurement, Supply Chain, and Sales Academy. While many of the core principles of Procurement and Supply Chain are universal, we recognize that the skills that enable success in the retail industry are different from those in other industries.

Procurement Analytics 98

Procurement Analytics Buyer Training Purchasing Skills Retail 98

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. 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

Supply Chain Shaman

JUNE 6, 2013

It combines decisions across sell, deliver, make and source processes to drive value based outcomes. More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies.

Supply Chain Planning Software 280

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 280

Supply Chain Shaman

OCTOBER 19, 2022

Planning outside of lead time in the tactical horizon is essential to manage costs, defining buffers, and sourcing strategies. The gaps in expectations between planning and functional organizations like manufacturing, transportation, and procurement are large and growing. Each planning horizon serves a purpose. The reason?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Real-time Visibility 195

Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Procurement 40

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Logility

MARCH 19, 2018

Supply planning enables you to profitably satisfy market demand through dynamically sourcing materials, optimizing production and manufacturing plans, reducing distribution costs and slashing lead times. 2) Multi-Echelon Inventory Optimization (MEIO). 2) Multi-Echelon Inventory Optimization (MEIO).

Optimal Sourcing 113

Optimal Sourcing Supply Chain Planning Software Beverage Prescriptive Analytics Software 113

Procurement Academy

JANUARY 25, 2021

While many of the core principles of Procurement and Supply Chain are universal, we recognize that the skills that enable success in the retail industry are different from those in other industries. The training pieces will be tutoring the employees to identify the loopholes in inventory management.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Training 52

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

DynaSys

OCTOBER 7, 2021

Excellent sales, operational, and inventory planning involves collaboration within and outside an organization. Advanced Analytics let you share complex data and collaborate with critical stakeholders to improve forecast accuracy, better respond to consumer demand, reduce inventory, improve production, and grow profits.

Analytics Software 52

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

NC State SCRC

MARCH 15, 2016

Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Baltimore Analytics Software 40

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. Transport costs are soaring to ridiculous levels, especially for those shippers that did not have an organized procurement strategy for freight movement.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

IQMS

OCTOBER 18, 2019

The algorithms iteratively query data with many using constraint-based modeling to find the core set of factors with the greatest predictive accuracy. Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp., no opt-in). 15th, 2017 (PDF., no opt-in). no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Enterra Insights

NOVEMBER 5, 2018

5] He notes, “Retail chains understand the biggest advantage e-commerce retailers have is their ability to collect and leverage insights into consumer behaviors gained by technological innovations like big data.” Artificial intelligence (AI) has started to play a big part in the supply chain of retailers.

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

ThroughPut

AUGUST 4, 2020

With valid Supply Chain Analytics, manufacturers now have real-time accurate data to make strategic, operational, and tactical decisions. It also encompasses the complete supply value chain right from sourcing, manufacturing, distribution, and logistics. Regular stock-out issues causing fluctuating inventory levels or excess inventory.

Manufacturing Procurement 52

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

ToolsGroup

OCTOBER 6, 2015

Less mature companies focus IT investments on manufacturing, procurement and workforce management. More mature companies are targeting analytics and performance management, big data and predictive analytics , mobility technologies, and visibility and event management. They pursue analytics to help find hidden data.

Supply Chain Planning Software 120

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

AFFLINK

DECEMBER 15, 2016

Suppliers and providers alike would benefit from using e-commerce services that will automate transactions across organizations and functions as well as keep data entry and inventory management accurate. Effectively Using Big Data. Data is going to play a large role in supply chain evolution and battling rising costs.

Purchasing Skills 61

Purchasing Skills Negotiating Skills Supply Chain Software Negotiate Pricing 61

Supply Chain Game Changer

NOVEMBER 14, 2018

Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Titled, “ The Death of Supply Chain Management ,” the article discusses the way that automation, AI and big data are transforming the industry. Email Address.

Supply Chain Software 86

Supply Chain Software Supply Chain Design Software Negotiating Skills Purchasing Skills 86

Enterra Insights

MARCH 11, 2021

As sales plummet, and costs skyrocket, industries that previously sidelined procurement and SCM for bigger problems now turn to it in hopes of finding solutions and improved profits.” Big Data, Artificial Intelligence & Machine Learning. ” Sidelining the supply chain in flush times is a bad idea.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning 130

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Overview of Supply Chain Management Supply chain management encompasses the planning, sourcing, manufacturing, and delivery of products or services.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

IQMS

JULY 11, 2019

Source: Smartening up with Artificial Intelligence (AI) – What’s in it for Germany and its Industrial Sector? (52 Asset Management, Supply Chain Management, and Inventory Management are the hottest areas of artificial intelligence, machine learning and IoT adoption in manufacturing today. PDF, no opt-in) McKinsey & Company.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Enterra Insights

JULY 31, 2019

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. With today’s treatment of data, the supply chain has never been better fit to suit evolving customer needs.”[4] The modern supply chain is mind-boggling. ”[5]. ” Footnotes. [1]

Supply Chain Planning Software 100

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

Supply Chain Movement

JANUARY 11, 2016

Procurement. Our focus for 2016 is: Transformation – Information technologies, understanding big data, and digital supply networks are pushing supply chain management to new levels of efficiency. Our members include: VPs/Directors/Group Heads in: Supply Chain. Purchasing. Operations. Supply Chain Quality. Focus for 2016.

Supply Chain Design Software 60

Supply Chain Design Software Sourcing Strategies Supply Chain Strategy Supply Chain Design 60

Kinaxis

OCTOBER 25, 2017

Over the past few decades, companies have realized that the way they bring products to market – from sourcing parts and services, to manufacturing, to shipping, to distribution – isn’t just a practical necessity, but an avenue for competitive advantage. Instead of only using Supply Chain terms like fill rate, inventory turns, etc.,

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 111

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. Improved Supply Chain Resilience Anticipating demand fluctuations allows companies to adjust their inventory levels proactively, thereby reducing the risk of stockouts or overstocking.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Shaman

MARCH 3, 2018

On Wednesday morning, when I finished speaking at the Foundation for Strategic Sourcing in Fort Lauderdale, an executive from J&J pulled me aside and said, “Our strengths, are now our vulnerabilities.” ” A supply chain leader from GE at another conference said, “Yesterday, we called it big data.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

Supply Chain Game Changer

NOVEMBER 24, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Over the past few decades, companies have realized that the way they bring products to market – from sourcing parts and services, to manufacturing, to shipping, to distribution – isn’t just a practical necessity, but an avenue for competitive advantage.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Planning Manufacturing Procurement Supply Chain Software 48

DELMIA Quintiq

NOVEMBER 3, 2015

Suddenly, discussions seem to treat big data as a driver for incredible innovation. Assuming that big data was superior to “just any data” came from evidence in the B2C market, but this did not stop bold predictions about how it could also transform supply chain operation.

Optimal Sourcing 120

Optimal Sourcing Big Data Supply Chain Optimization Optimization Software 120

NC State SCRC

NOVEMBER 5, 2016

Transactional data must be rolled up to ensure suppliers are providing the requisite price discounts, clauses, rebates and charge backs negotiated in the original contract. Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

Supply Chain Shaman

NOVEMBER 27, 2016

Could we use Open Source Hadoop to process transactions across all networks with powerful in-memory processing? Another source of disappointment is the lack of capabilities in the IBP modeling engines. Traditional procurement functionality in SRM focused on improving transactional efficiency. Could it help in track and trace?

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Trends Prescriptive Analytics Software 150

Supply Chain Game Changer

JANUARY 8, 2020

We’re a recruitment company deeply specialized in the world of Supply Chain Management – which includes Procurement, Logistics, Distribution, Planning and other functions that involve bringing products from raw materials to market. They can work to source packaging that can extend the life of products and track freshness and viability.

Waste Reduction 41

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Vendor Strategies 41

GlobalTranz

JULY 7, 2015

This excess of inventory can often pose as a problem when companies already have a long list of issues to tackle to remain relevant in the market. However, technology can be used to turn what seemed as losses into standby sources of revenue.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Material Savings 120