Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

SCMDOJO

FEBRUARY 20, 2023

Therefore, evaluating performance and creating a comprehensive digitalization strategy are essential for a distributor’s success. To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

NC State SCRC

OCTOBER 23, 2018

Dunn a writer for TechnologyAdvice. She provides some great insights into how big data might be able to be used in supply chains. Today’s companies face overwhelming reams of endless data flooding in from a broad range of channels. The Advantages of Analyzing Big Data Run Far and Wide.

Big Data 58

Big Data Supply Chain Planning Software Supply Chain Software Analytics Software 58

Arkieva

MAY 19, 2016

Today we face a comparable optimism and belief in Big Data and Manufacturing 3.0. Where the internet was going to take out the middle man and connect enterprises into seamless supply and demand networks, Big Data and Manufacturing 3.0 In the same way we can expect that Big Data and Manufacturing 3.0

Big Data 61

Big Data Data Analytics Software Cost Reduction Strategies 61

GlobalTranz

MAY 25, 2018

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. If you need help with this transition, Veridian is your one-stop shop.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

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

GlobalTranz

OCTOBER 25, 2017

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.

Inventory Reduction 125

Inventory Reduction Supply Chain Planning Software Analytics Software Inventory Management Software 125

OptiProERP

NOVEMBER 3, 2022

Some standard digital technologies are cloud computing, the Internet of Things (IoT), machine learning, Artificial Intelligence (AI), mobile, and Big Data. Forty-two percent of SMBs consider digital transformation a central part of their organizational strategy. Developing an Effective Digital Transformation Strategy.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

RFgen

SEPTEMBER 13, 2017

Data collection and integration tools underpin big data innovation. Big data has been growing more important in the supply chain sector as businesses look to eke out every bit of value they can through greater operational insights. ” Putting Big Data Into Practice.

Big Data 52

Big Data Supply Chain Planning Software Analytics Software Supply Chain Software 52

RFgen

SEPTEMBER 13, 2017

Data collection and integration tools underpin big data innovation. Big data has been growing more important in the supply chain sector as businesses look to eke out every bit of value they can through greater operational insights. ” Putting Big Data Into Practice.

Big Data 52

Big Data Supply Chain Planning Software Analytics Software Supply Chain Software 52

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

Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. Holistic design of the form and function of inventory with a focus on setting inventory targets for each flow.

S&OP 321

S&OP Supply and Demand Forecasting Supply Chain Design Software 321

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

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Therefore, a strategy for resilience is necessary to meet the changing demands of consumers and ensure sustainable growth. Although supply chain managers have traditionally minimised the number of suppliers in their network to reduce operational and logistical complexity, this strategy is not equipped for unexpected disruptions.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Software Predictive Analytics 246

ThroughPut

APRIL 20, 2021

Artificial Intelligence In Inventory Management – How To Optimize Your Warehouse Inventory Management. Why is optimizing Warehouse Inventory Management a need of the hour? Inventory management involves creating a balance between demand and supply with the right amount of stock at the right place, at the right time.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimization Software 52

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. Creating a new supply chain strategy can be complicated, if not daunting. Before diving into making your strategy, take a deep breath and consider your objectives. A strategy is bound to fail if you can’t define success. Analyze data. Don’t worry.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

BlueYonder

APRIL 7, 2017

The company collects over one trillion global events each day through sensors, satellites, radar, video cameras, smartphones and other devices that make up the Internet of Things (IoT), giving them one of the largest repositories of real-time big data in the world.

Predictive Analytics 53

Predictive Analytics Prescriptive Analytics Software Big Data Real-time Visibility 53

Logility

SEPTEMBER 29, 2021

These challenges require life sciences supply chains to optimize inventory of all types – raw, work-in-progress, and finished. Multi-echelon inventory optimization (MEIO) can help fulfill that need for insight and visibility by modeling the entire supply chain with a holistic view of all types of inventory and locations.

Supply Chain Planning Software 130

Supply Chain Planning Software Quality Modeling Supply Chain Optimization 130

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

BlueYonder

APRIL 7, 2017

The company collects over one trillion global events each day through sensors, satellites, radar, video cameras, smartphones and other devices that make up the Internet of Things (IoT), giving them one of the largest repositories of real-time big data in the world.

Predictive Analytics 40

Predictive Analytics Prescriptive Analytics Software Big Data Real-time Visibility 40

Logistics Viewpoints

FEBRUARY 8, 2021

Companies are beginning to explore on-demand manufacturing rather than traditional manufacturing models, meaning they can keep less physical inventory on-hand. Many companies still struggle to achieve segmentation strategies. Big Data, Artificial Intelligence & Machine Learning. SCP is becoming a Giant Data solution.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 288

Kinaxis

AUGUST 18, 2014

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. Philip Evans shares how today’s consumer is sharing a colossal amount of data to come to a buying decision.

Modeling 263

Modeling Supply Chain Planning Software Supply Chain Strategy Inventory Reduction 263

Supply Chain Movement

JULY 23, 2013

2013 Trends and Strategies in Logistics and Supply Chain Management: Embracing Global Logistics Complexity to Drive Market Advantage. The key results of this study by BVL International on trends and strategies in logistics and supply chain management are summarized, as follows.

Cost Reduction Strategies 150

Cost Reduction Strategies Material Savings Inventory Reduction Logistics Network Optimization Software 150

Veridian Solutions

FEBRUARY 3, 2020

In fact, consider these key tips to boost your omnichannel fulfillment strategy. The machines require the physical placement of inventory in the appropriate slots, and customers use their phones to retrieve their merchandise. However, it depends on the available inventory. Increase Your Omnichannel Strategy and Prestige.

Inventory Reduction 58

Inventory Reduction Cost Reduction Strategies Omnichannel Supply Chain Strategy 58

Arkieva

JANUARY 6, 2017

Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. Just in case you missed some of our supply chain strategy posts , we’ve compiled a list of our popular supply chain posts from 2016 below (ranked based on shares and views).

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

RFgen

FEBRUARY 10, 2023

As a result, new strategies have emerged to solve old and new challenges, from labor shortages to inventory supply. In 2023 and beyond, the Association for Supply Chain Management predicts that data collection, advanced analytics, and automation will all be essential to growth. Integration remains a challenge, however.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Analytics Software 52

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

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 Game Changer

NOVEMBER 11, 2018

What is your Strategy? Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Check out Last Mile Delivery!

Inventory Reduction 43

Inventory Reduction Cost Reduction Strategies Supply Chain Strategy Strategy 43

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

ThroughPut

MARCH 24, 2024

Excess inventories lead to excess wastage. Strategies for a Robust Product Mix Planning A diversified product mix creates both a robust brand identity as well as market domination. An AI-driven software can easily analyze competitor products to deliver data on components that are leading to sales.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. To drive maximize the value of planning, organizations need to be aligned against an operating strategy. We hope to see you there!

Supply Chain Planning Software 309

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 309

Arena Solutions

APRIL 4, 2023

IIoT is the connection of distinct devices within an existing internet infrastructure making it possible for manufacturers to make knowledgeable, strategic decisions using real-time data to improve cost reduction, efficiency, safety, product innovation, and more. Big data The use of big data is increasing in manufacturing.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

Supply Chain Shaman

JUNE 14, 2014

I want to be part of the evolution that helps leaders to redefine strategies based on the changing physics, electronics and capabilities in value networks. However, no company in this chart is on a linear path towards improving both margin and inventory turns. Big data supply chains Bricks Matter' What can we learn?

Optimal Sourcing 283

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 283

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Furthermore, using qualitative and quantitative forecasting to manage product inventory and distribution enables the wider operations of the business and results in improved customer experience. Investing in data analytics along with innovations in big data will have a significant impact on the business. billion by 2025.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

Logility

MAY 12, 2020

F&B company I was lucky (using that term loosely) to be given the opportunity to develop a 3 to 5-year improvement strategy covering supply chain people, process, and solutions. Big Data is here and is providing competitive advantages to those companies that have figured out how to use it. Product Demand Profiles.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 134

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