SYSPRO Smarter ERP

NOVEMBER 8, 2023

Broadly speaking, the benefits are twofold – savings accrued from reduced labor, inventory and overhead costs, and increased revenue driven by increased sales and improved customer loyalty. The ability to extract valuable and actionable data insights from this flood of data points is becoming more and more crucial for manufacturers.

Forecasting Software 98

Forecasting Software Optimal Sourcing Inventory Management Software Supply Chain Planning Software 98

SYSPRO Smarter ERP

MARCH 28, 2024

Data-driven decision making is the process of collecting the data that a company uses, and transforming it into actionable insights. Using data to find patterns, inferences, and insights ensures that your company goals and plans are based on evidence and that decisions made are balanced and objective.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 52

Logistics Viewpoints

SEPTEMBER 19, 2023

To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 231

Logility

MARCH 12, 2021

After six months, the company still struggled to leverage any new insight and began reverting to Excel reports. After six months, the company still struggled to leverage any new insight and began reverting to Excel reports. Descriptive analytics are the summary measures and metrics that provide insight. New B eginnings.

Supply and Demand 191

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 191

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. From marketing to distribution, data drives every decision a consumer product company makes. From marketing to distribution, data drives every decision a consumer product company makes.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

Supply Chain Shaman

JANUARY 2, 2023

This blog post started a series of telephone calls. Quagmire: A situation that can easily trap you so that you become involved with problems from which it is difficult to escape. In this blog, I try to answer both questions. This blog post may seem a bit basic for some. ” Upon hearing these questions, I sighed.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

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. For example, the goal is not track truck location, but to provide insights on location in context with a delivery appointment. We finished dinner. What is an easy definition?

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

SCMDOJO

JANUARY 23, 2023

From foundational reads to more advanced topics, these books will help you start your journey into the world of supply chain analytics! From foundational reads to more advanced topics, these books will help you start your journey into the world of supply chain analytics!

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

Supply Chain Shaman

OCTOBER 2, 2020

” I find most of these discussions are loquacious, even bellicose, but not actionable. Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. I ordered an LG washer from Lowes. As a pragmatic gal, they make me itch. The reason?

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic. Identifying the KPIs needed.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

ThroughPut

NOVEMBER 28, 2023

In the ever-changing business landscape, those who get in on the action before the crowd can claim a competitive edge. From leaders to the dedicated folks on the front, supply chain analytics equips everyone to meet their performance goals (those famous KPIs) and get business revenues and growth into high gear. Today, we are at USD 7.41

Prescriptive Analytics Software 52

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

Elementum

FEBRUARY 7, 2024

From automating mundane tasks to re-engineering your entire workflow for peak efficiency, we’ll provide the insights you need to make informed decisions that propel your business forward. BPA Technologies At its core, BPA technologies comprise a spectrum from workflow automation tools to simple robotic process automation (RPA).

Resource Reduction 78

Resource Reduction Optimization Software Waste Reduction Cost Reduction Strategies 78

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I flew to Dallas, I worked on this post. As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. The problem?

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Whether you run a boutique or a supermarket chain, these insights will help you maintain well-stocked shelves and stay competitive in the evolving retail landscape.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Waste Reduction 52

ToolsGroup

OCTOBER 4, 2016

There has been a lot of news about driverless cars, and at the Supply Chain Insights Global Summit there was also some news about “driverless” supply chain planning when two companies described supply chain planning with almost no human intervention. So what about driverless supply chain planning?

Supply Chain Planning Software 254

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 254

crisp

DECEMBER 15, 2021

Here, I’ll outline how to build a strong data readiness process to maximize the potential for data to drive action in your organization. . Start by identifying the goals of your supply chain team: what will separate your organization from the competition? It’s an incredibly exciting time to work in the supply chain.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

NC State SCRC

JANUARY 16, 2024

Taking its lead from the National Defense Strategy (NDS), this strategy sought to catalyze generational change from the existing defense industrial base to a more robust, resilient, and dynamic modernized defense industrial ecosystem. I augmented the GPT summary with my own insights…here is what we came up with.

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

QAD

JANUARY 6, 2022

In 2020, Deloitte conducted an extensive survey about digital transformation and found that: “Digitally mature companies enjoy a wide range of specific benefits arising from their digital transformations that include, but go well beyond, the bottom line. The authors refer to the bounty of benefits that accrue from digital maturity.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 93

ThroughPut

DECEMBER 8, 2023

What prescriptive analytics does is it combines the ability to forecast the future with powerful, actionable recommendations that can help you achieve the desired outcomes while considering the constraints, trade-offs, and potential impact of different available choices. It is the most promising form of analytics in the market currently.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Kinaxis

JUNE 29, 2015

by Andrew Dunbar The modern day inventory manager described in this series is the backbone of your company’s inventory planning process. She has a strong understanding of supply chain fundamentals and is an expert at controlling the key levers impacting the inventory company’s investment in inventory. Closed Loop.

Inventory Management Software 100

Inventory Management Software Inventory Management Supply Chain Planning Software Predictive Analytics Software 100

SYSPRO Smarter ERP

JUNE 9, 2022

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? BI and analytics have gone mainstream, as evidenced by Snowflake’s (a data warehousing company) transformation from a startup into a $63 billion company in just ten years. How much does it cost us to manufacture this product?

Supply Chain Design Software 98

Supply Chain Design Software Analytics Software Supply Chain Planning Software Predictive Analytics Software 98

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

BlueYonder

JANUARY 31, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions.

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

SCMDOJO

DECEMBER 14, 2023

With this in mind, we will explore in this blog the definition of Lead Time, its impact, and how mastering it can be your competitive advantage. In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

Supply Chain Shaman

DECEMBER 29, 2016

As I study research methods, and the market, I realize the lies I’ve spun for prior employers (Gartner and AMR Research) are untrue: The AMR Research Hierarchy of Supply Chain Metrics. This research, released in 2005, gives a compelling view of a metrics hierarchy. The Mummers Parade is a Philadelphia tradition. The reason?

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

Supply Chain Shaman

JULY 5, 2016

Instead, we needed quick and deliberate action. Today I am deep into writing reports for the Supply Chain Insights newsletter. I was on my way to Peru. I scooted into an aisle seat and sat beside a stranger. He begrudgingly let me slide my bag under the center seat. I put in my earphones and zoned out letting the plane take off.

Supply Chain Planning Software 150

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Industrial 150

Logility

MAY 7, 2020

Companies across all industries and sizes struggle to make sense of and value from the available mountains of data. Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Organizations are simply overwhelmed.

Supply Chain Planning Software 195

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

QAD

MAY 31, 2023

In this blog, we will discuss why an S&OP process is critical in supply chain planning. Typically individual group performance metrics of the different parts of the organization conflict with those of the other teams. Why Sales and Operations Planning?

Supply Chain Planning 52

Supply Chain Planning S&OP Scenario Planning Agile and Lean Supply Chain 52

ShipBob

APRIL 13, 2021

Tracking the right ecommerce KPIs will help you make better-informed decisions regarding your ecommerce brand, from revenue and conversions to marketing and customer service. However, there is a wide range of metrics that you should be tracking to help your online store grow. Why ecommerce performance metrics are important.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Logistics Bureau

OCTOBER 20, 2021

While having too many KPIs is undoubtedly better than having none, it can impede progress by creating a confused, complex mass of information that becomes difficult to sort out and use as a basis for action. Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. Perfect Order.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

ThroughPut

FEBRUARY 15, 2023

No matter how rapidly your business is growing, ongoing supply chain efficiency springs from the core ability of your business to leverage its resources, skills, technology and capabilities to exceed revenue while minimizing costs. Why Supply Chain Efficiency and Resilience are Critical to Business Success?

Sourcing Strategies 94

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Inventory Reduction 94

Kinaxis

JULY 23, 2015

by Andrew Dunbar This post concludes my inventory management blog series. Throughout this series I’ve proposed an elevated role for the inventory manager that challenges the assumption that an inventory manager is a victim of his colleagues’ business decisions and plays only a limited role in formulating inventory results.

Inventory Management Software 100

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 100

Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

HICX Solutions

FEBRUARY 15, 2024

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. It ensures businesses can maintain performance and avoid potential disruptions as and when they occur, resulting in securing their reputations and avoiding losses in revenue.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 52

DynaSys

JUNE 16, 2021

In the previous blog article we discussed dynamic scenario planning driven by disruption and digitization and where do supply chain scenarios come from. A scenario is a true parallel plan that exists separate from and concurrent with the baseline. . They should also agree on the relative weighting given to each metric.

Scenario Planning 52

Scenario Planning Supply Chain Planning Software Supply Chain Planning Comparison 52