Supply Chain Shaman

MARCH 5, 2019

In this blog post, I give a framework to drive discussions. In the visibility use case avoid three watch outs: 1) Make Sure That The Data Is Actionable. In many deployments of telematics, companies get visibility on truck status, but the data is an overkill. Master data. Company Effectiveness Using Data.

Supply Chain Design Software 300

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 300

Locus

MAY 20, 2024

This blog delves into essential acronyms and abbreviations, from BOPIS to WISMO, that are pivotal for optimizing supply chains and elevating customer satisfaction. ODD – On-Demand Delivery On-Demand Delivery refers to the system of delivering products to customers as soon as they are ordered, without a fixed schedule.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Retail 98

Locus

OCTOBER 17, 2023

Today, teams are armed with data like never before, making the jobs of NFL scouts more efficient. But what is it about a data-driven approach that gives scouts the edge? Dispatchers must use technology to make data-informed decisions based on what they learn from past data and human tribal knowledge.

Cost Reduction Strategies 52

Cost Reduction Strategies Analytics Software Price Mitigation Strategies Supply Chain Planning Software 52

DELMIA Quintiq

NOVEMBER 11, 2015

Not one supply chain conference or event goes by without some random discussions on big data. Presenter after presenter make grandiose statements about how big data will change the way supply chains operate and how everything will be incredibly different. Now, that would be some useful information – big data or otherwise.

Big Data 120

Big Data Supply Chain Optimization Supply Chain Design Software Optimization Software 120

GlobalTranz

JUNE 2, 2015

Editor’s Note: This is a guest blog post from end-to- end global supply chain services company, Flash Global. The company focuses on high tech industries such as telecome , data storage, data centers, bio-medicine, and any company who needs supply chain visibility and proactive supply chain services for replacement parts and more.

Big Data 120

Big Data Supply Chain Optimization Supply Chain Planning Software Optimization Software 120

The Logistics & Supply Chain Management Society

JUNE 14, 2023

This blog is about “regime change” in the statistical sense, meaning a major change in the character of the demand for an inventory item. But there is one big exception to the rule that “more data is better data.” If there is a major shift in your world and new demand doesn’t look like old demand, then old data become dangerous.

Inventory 130

Inventory Supply and Demand Scenario Planning Demand Planning Software 130

Taulia

JULY 24, 2023

Automation Automation is a generic term that refers to the use of various technologies to automate mundane or repetitive tasks. Rather than being programmed explicitly for every task, AI systems use machine learning to digest large amounts of data, which they can synthesize to respond to diverse queries.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Software Optimization Software Forecasting Software 88

GlobalTranz

NOVEMBER 12, 2015

Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Order Processing Capabilities.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

HICX Solutions

NOVEMBER 1, 2019

In order to deploy a successful centralized operational supplier master data management solution (that’s a mouthful) – which means covering 100% of all data and not just the 20 most important attributes – there are just five business processes you need to pay attention to. Read this blog in full here. ].

Data Management 40

Data Management Data Sourcing Strategies Just-in-Time 40

Supply Chain Shaman

JANUARY 30, 2019

So instead of wearing out the sheets, I thought that I would do some blogging. As I stare at my keyboard, I wonder what would have happened if the dialogue on supply chain improvement, over the last decade, was more data-driven with less vendor hype. In this blog, I will focus on current market confusion. I hate jet lag.

Supply Chain Planning Software 155

Supply Chain Planning Software Modeling Software Modeling Analytics Software 155

Supply Chain Matters

JANUARY 17, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares excerpts of our fifth prediction that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory. In this posting, we share excerpts of our fifth prediction.

Predictive Analytics Software 52

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 52

Supply Chain View from the Field

AUGUST 1, 2013

Today’s blog is a guest post by Nick Moores on social networking for supply chains. However, social media in industry is not just outward facing, but is being used increasingly within business to help manage supply chains, creating what Adrian Gonzales, founder and president of Adelante SCM refers to as “social business networks”.

Supply Chain Network Software 128

Supply Chain Network Software Supply Chain Software Analytics Software Logistics Network Optimization Software 128

SCMDOJO

MARCH 28, 2023

Initially introduced by Nakamoto in 2008 in his publication on Bitcoin, blockchain technology refers to a decentralized peer-to-peer network that runs behind Bitcoin transactions. It can detect fraud, prevent theft, and authenticate data and documents. Blockchain technology can also ensure security, immutability, and authenticity.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Supply Chain Design 110

SYSPRO Smarter ERP

SEPTEMBER 6, 2022

A practical way that manufacturers can do so is firstly through using data in more comprehensive ways and secondly by embracing digitization to optimize their operations for the future. Optimizing the use of data for manufacturers. Obstacles on the data journey for manufacturers.

Manufacturing Procurement 111

Manufacturing Procurement Innovation Optimal Sourcing Manufacturing 111

Pivot88

AUGUST 19, 2019

Data has never really been a part of that equation. Machine Learning (or ML) is a current application of AI based around the idea that we should really just be able to give machines access to data and let them learn for themselves. Data intelligence in Quality & Compliance Management. Source: Forbes). Source: PAT Research).

Predictive Analytics 68

Predictive Analytics Data Manufacturing Procurement Supply Chain Design Software 68

GlobalTranz

AUGUST 18, 2021

The right partner will also work with your team to implement changes based on data-driven recommendations and identify opportunities for continuous improvement. . Always Turn to the Data to See Expectations for ROI and Value. Another crucial step in the selection process is letting the real-time data talk for the 3PL.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

ToolsGroup

SEPTEMBER 13, 2023

High performance inventory refers to inventory that is managed so that it is always available when needed but never overstocked. It examines internal data (like sales history, lot size, stockouts, and order frequency) as well as external variables (like weather, seasonality, and regional customer behavior).

Inventory Reduction 156

Inventory Reduction Resource Reduction Waste Reduction Supply Chain Planning Software 156

SYSPRO Smarter ERP

APRIL 24, 2023

Order fulfilment refers to the process of receiving, processing, and delivering an order to a customer. Using historical data and trend information, an ERP system can help to predict and plan for demand levels in order to keep adequate supplies in stock without creating problems of under- or over-stocking. What is order fulfilment?

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Arkieva

AUGUST 4, 2015

Key Point : Arm your supply chain planners with the right software tools so they can do their jobs better; make decisions about your supply chain instead of spending time collecting data and building Excel models. Either that, or the supply chain teams spend all their time collecting the data so they can get a grip on the true situation.

Supply Chain Planning Software 60

Supply Chain Planning Software Data Supply Chain Software Modeling Software 60

Zipline Logistics

FEBRUARY 9, 2021

Logistics data has taken a front seat at forward-thinking CPG brands due to its ability to drive impactful and profitability-focused decisions in all facets of the supply chain. The CPG supply chain generates volumes of data that—when leveraged correctly—can be a differentiator for brands. What is Logistics Data? Learn More.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

Enterra Insights

JULY 7, 2022

”[2] They go on to note, “The most current AI-based IS, also referred to as cognitive computing systems (CCS), are capable [of processing] unstructured data, such as audio-visual inputs, enabling these systems to mimic human-cognition in ways not seen in previous IS.” ” Appinventiv Blog, 24 May 2022. [7]

Analytics Software 130

Analytics Software Optimization Software Analytics Supply Chain Optimization 130

Resilinc

APRIL 17, 2024

In this blog, we investigate the intricacies of single sourcing in supply chain management and shed light on the hidden dangers. Single sourcing refers to a situation where a company specifically chooses to buy from one supplier, even though there are alternative suppliers available—often due to price or convenience.

Sourcing Strategies 95

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 95

SCMDOJO

NOVEMBER 18, 2023

Within the specialized subject of artificial intelligence (AI), machine learning refers to the ability of systems and machines to learn from their experiences and get better without explicit programming. This blog explains in simple words How Machine Learning Works, its Benefits & its Applications in the fields of banking, medical etc.

Predictive Analytics Software 88

Predictive Analytics Software Modeling Software Optimization Software Forecasting Software 88

Logistics Viewpoints

APRIL 6, 2023

Traditionally what we typically refer to as indirect goods are mostly in Category 4. Leverage AI to benefit from supplier community data: Building trusted relationships with suppliers is an imperative for success. However, there are likely to be indirect goods that fall within Category 1 and Category 2 as well.

Optimal Sourcing 203

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 203

SYSPRO Smarter ERP

MAY 10, 2023

Machine learning refers to the concept that computer programmes can make use of algorithms to automatically learn from and adapt to new data without being assisted by humans. On the other hand, machine learning algorithms are automatically updated with new data and continuously retrain their models.

Forecasting 98

Forecasting Forecasting Software Modeling Supply and Demand 98

SCMDOJO

SEPTEMBER 18, 2023

Acquisition: Acquisition refers to the process of obtaining goods or services through a formal transaction, often involving the purchase of an entire product or service from an external party. Buying: Buying, in the supply chain context, refers to the act of obtaining goods or services in exchange for monetary consideration.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 100

QAD

OCTOBER 18, 2022

Supplier risk information is a fundamental element of supplier data that needs to be continuously monitored for out-of-tolerance activities to ensure companies can act immediately to mitigate any business risk. Risk Event Monitoring refers to supply chain disruptions that can be caused by weather, geopolitical events and other hazards.

Gartner 98

Gartner Optimal Sourcing Alabama Metrics 98

crisp

JUNE 16, 2022

Crisp Product Manager Jordon White shares a roundup of this month’s updates to the Crisp data platform. That’s why this month, you’ll find new dashboards to detect distributor voids, identify year-over-year sales trends, get actionable insights for new retailers, and export data into your core tools.

Analytics Software 98

Analytics Software Predictive Analytics Software Modeling Software Trends 98

SCMDOJO

MAY 30, 2024

Delve deeper into our blogs to see the full journey, from raw materials to your doorstep! Being a warehouse manager, you must have this warehouse audit tool to streamline audits, boost accuracy, gain data-driven insights, and optimize operations. Intrigued by the logistics department?

Optimal Sourcing 71

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 71

Supply Chain Game Changer

OCTOBER 22, 2022

If you have surplus data, selling it through Honeygain can help you earn free money online monthly. You might feel hesitant about allowing an app to access your background data. And exactly who is consuming the traffic on your data plan? Start a Blog. What is a blog? How can you make money from a blog?

Real Estate 70

Real Estate Optimal Sourcing Supply Chain Planning Software Optimization Software 70

Enterra Insights

JUNE 22, 2022

It is typically a general measure referring to the overall increase in prices or cost of living in a country.” ” Although the data may be less reliable than in the past, thanks to rapidly changing conditions and consumer behavior, data analytics still offer the best hope for improved inventory management.

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

Enterra Insights

MARCH 24, 2022

The shift creates new circumstances and the only way you can refer to those new circumstances is as the new normal. To achieve that end, Gunn insists real-time data is more important than historical data. 2] John Ferguson, “ The 27 Most Annoying Business Buzzwords of 2021 ,” TrustRadius Buyer Blog, 27 April 2021. [3]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 130

Supply Chain Matters

DECEMBER 28, 2023

Mastercard SpendingPulse Data Payments processing firm Mastercard Spending Pulse indicated this week that U.S. As a point of reference, in September, Mastercard had forecasted an anticipated 3.7 retail sales for the period that spanned November 1 through December 24 rose 3.1 This estimate is not adjusted for inflation.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Supply Chain Matters

NOVEMBER 2, 2023

In its reporting, The Wall Street Journal cited data from EY for Autos Drive America , a trade group representing BMW , Hyundai , and other foreign brands producing autos in the U.S. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Stay tuned. All rights reserved.

Resource Reduction 64

Resource Reduction Cost Reduction Strategies Manufacturing Procurement Journal 64

3PL Insights

JULY 11, 2018

EDI stands for Electronic Data Interchange. This refers to the electronic interchange of documents between companies. Check out some of our other blog posts: Top 4 Merchant Processors for e-Commerce. The post What is EDI (Electronic Data Interchange) and ASN (Advanced Shipping Notification)? What is EDI?

Electronics 56

Electronics Shipping Data Supply Chain Network Software 56

Supply Chain Shaman

JUNE 3, 2024

As an old gal attending multiple conferences (more than I would like at times), I have listened to speakers waft eloquently about the value of concepts like networks, big data, industry 4.0, I could write a blog about each story, but let’s save that for coffee.) and digital supply chains. Did these investments drive value?

Supply Chain Planning Software 349

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 349

Supply Chain Matters

AUGUST 15, 2023

The Ferrari Consulting and Research Group through its affiliated Supply Chain Matters blog urges caution and oversight in pilot use of generative AI applications targeted for supply chain management process support. AI technologists refer to this technology as being “ narrow AI. ”

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Software Predictive Analytics Software Prescriptive Analytics Software 52