Supply Chain Shaman

JANUARY 21, 2014

. <In fact, so much so that I wrote a book about it.> > Unfortunately, companies have invested money in traditional forecasting processes believing that if they make the forecast better that corporate performance will improve. Improving forecasting is not sufficient. Forecastability. Naive Forecast.

Supply and Demand 323

Supply and Demand Modeling Demand Planning Software Forecasting 323

ThroughPut

JANUARY 18, 2024

Step 2- Manual communication regarding essential elements of transportation routes and load arrival times. Demand forecasting Demand forecasting in logistics can project demand ahead of time and meet it when it emerges. Lean outbound logistics are a function of visibility, forecasting, and planning.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Vendor Strategies Inventory Reduction Resource Reduction 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Demand Sensing for Accurate Planning and Forecasting. A McKinsey’s report published in 2022 indicates that 32 per cent of people from industries like automotive, consumer goods, and pharmaceutical find demand variability and forecasting responsible for value chain disruptions. Technology and automation are major enablers towards this.

Supply Chain Software 130

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

Cathy Roberson

MAY 19, 2021

Busy times for all of us and in particular supply chain managers who are dealing with capacity constraints, delays, the rise of e-commerce, forecasting in this crazy environment, identifying and analyzing data, and putting the data to use in strategies. TMS has come a long way since its early days. “Customers want data,” Ron said.

Modeling 64

Modeling Capacity Supply Chain Planning Software Transportation 64

Supply Chain Shaman

SEPTEMBER 28, 2022

Based on the current issues with material shortages, labor issues, electrical costs and outages, weather events, and water availability, I forecast an equal level of disruption for the next three years. During the pandemic, transportation costs skyrocketed, creating increasing tension between customer service and price.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Supply Chain Opz

OCTOBER 24, 2012

Book Review: Logistics Clusters-Delivering Value and Driving Growth. Recently, Ive found the new book called " Logistics Clusters: Delivering Value and Driving Growth ". Then, this post will explain how this book help to solve my question. Author of the Book. Another reason is because of a good transportation network.

Sourcing Strategies 100

Sourcing Strategies Logistics Network Optimization Software Optimal Sourcing Logistics 100

Supply Chain Shaman

OCTOBER 8, 2019

The budget is not sufficient and is often a detrimental input for supply chain forecasting. Why Is the Financial Forecast Not a Good Proxy for a Supply Chain Forecast? There are many reasons why the budget cannot be used as a supply chain forecast. The supply chain forecast is a rolling forecast.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain Shaman

JUNE 19, 2013

Companies are stalled on improving customer service and forecast accuracy. Today, I spoke at the Chief Supply Chain Officer conference in Chicago at the Eye for Transport event on the results of the research. It will be nice to be home and to have time to write on this second book, Metrics that Matter. Balance Remains an Issue.

Forecasting 268

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 268

GlobalTranz

FEBRUARY 18, 2022

It covers macro trends in the LTL, Truckload and Managed Transportation Service sectors and the lingering effects of the COVID-19 pandemic. Carriers also consider the speed of pickup, consistency in demand, accurate capacity forecasts, payment terms and digitized document processes. Compete for capacity. Communicate expectations.

Trends 227

Trends Resource Reduction Cost Reduction Strategies Inventory Reduction 227

ThroughPut

OCTOBER 16, 2022

Demand planning is a key requisite for holistic supply planning as it involves building an accurate forecast of future demand based on supply drivers, to meet customer needs as precisely as possible. Therefore, one of the most critical aspects of the replenishment components is demand forecasting. Real-Time Forecasting.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

Supply Chain Shaman

DECEMBER 29, 2016

In a nutshell, the research states there is a correlation between cost, inventory, and forecast performance. In my work I encouraged companies to improve their demand forecasts and advocated, that if this happened, overall performance could improve. This does not mean I think forecasting is an unimportant process.

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

BlueYonder

JUNE 15, 2023

Blue Yonder was named a Leader in this inaugural report, based on an evaluation of Blue Yonder’s Transportation Management System (TMS). Transportation modeling that creates very realistic and highly optimized scenarios as customers’ supply chain footprints is changing to fit customer-centric requirements.

Prescriptive Analytics Software 64

Prescriptive Analytics Software Supply Chain Planning Software Predictive Analytics Software Optimization Software 64

Logility

AUGUST 5, 2021

You can align high-level business planning with detailed product forecasting to boost service levels, shorten cycle times, reduce inventory investment, and minimize obsolescence. You can optimize your forecast algorithm and parameter settings to increase forecast accuracy by up to 50%. Improved customer satisfaction.

S&OP 130

S&OP Supply and Demand Beverage Optimal Sourcing 130

Supply Chain Shaman

JANUARY 31, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Beating the growth forecast and improving margins drove lucrative bonus programs. The regional teams would always sandbag—or under forecast—to make their budget incentives.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

ShipBob

JANUARY 6, 2023

That’s where transportation management systems, or TMS, comes in. In this post, we’ll take a closer look at what a transportation management system is, why it’s important, and how you can choose a provider. What is a transportation management system (TMS)? Transportation management systems can perform a variety of functions.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

ThroughPut

NOVEMBER 8, 2021

Step 2- Manual communication regarding essential elements of transportation routes and load arrival times. Demand forecasting. Demand forecasting in logistics can project demand ahead of time and meet it when it emerges. Lean outbound logistics are a function of visibility, forecasting, and planning.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Vendor Strategies Inventory Reduction Resource Reduction 52

Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Beating the growth forecast and improving margins drove lucrative bonus programs. The regional teams would always sandbag—or under forecast—to make their budget incentives.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Game Changer

MARCH 16, 2022

Forecasting. One of the most common mathematics problems faced by supply chain managers is forecasting. Accurate forecasting is essential for ensuring that the correct level of inventory is maintained. There are a number of methods that can be used for forecasting, including trend analysis and regression analysis.

Modeling 100

Modeling Supply Chain Optimization Supply Chain Software Negotiating Skills 100

BlueYonder

JANUARY 22, 2024

While this blog provides an overview of our key findings, the complete results are summarized in our new e-book, “Distribution Executives Agree: It’s Time to Up the Ante on Order Management.” As you review our new e-book that highlights Blue Yonder’s survey results , ask yourself, “Where is my organization on the adoption curve?”

Distribution 89

Distribution Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 89

Supply Chain Shaman

JANUARY 28, 2013

Companies are the most satisfied with warehouse and transportation management and the least satisfied with demand planning. Here we start with the seven that we see the most often: 1) One-number Forecasting. It is a Hoax. : Well-intentioned consultants tout the concept of one-number forecasting. The reason?

Supply and Demand 239

Supply and Demand Modeling Demand Planning Software Demand Management 239

Supply Chain Shaman

NOVEMBER 2, 2018

I consider her the best in the biz for transportation management consulting. Ellen’s was to design and execute the transportation planning logic. in to transportation management to drive routing information and booking optimization). How Do We Connect Supply Chain Planning Architectures to Transportation Planning?

Supply Chain Planning Software 167

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 167

TMC

NOVEMBER 30, 2017

As the market continues to change, what’s your transportation strategy for handling fluctuations? Companies with supply chains that span more than one continent often have shipments, whether inbound or outbound, being transported to various regions of the world to contend with. An unclear plan may let you down.

Transportation 62

Transportation Price Reduction Sourcing Strategies Cost Reduction Strategies 62

Supply Chain Opz

NOVEMBER 30, 2015

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. Online freight marketplaces allow shippers to instantly compare the cost of traditional truck vs rail freight, and book with a button click. Holcomb, Dept.

Rail Software 100

Rail Software Trends Transportation Supply Chain Planning Software 100

EazyStock

JUNE 16, 2022

For supply chain management, this could include generating demand forecasts to ensure stock availability or mapping transportation routes to prevent idle time and reduce fuel consumption. Using AI to improve demand forecasting. Accurate demand forecasting is essential in supply chain management. What is machine learning?

Modeling 52

Modeling Supply Chain Software Forecasting Software Supply Chain Optimization 52

ThroughPut

NOVEMBER 16, 2021

When fed enough data, machine learning systems can forecast bottlenecks and suggest alternative delivery routes. Demand forecasting. For retail supply chains knowing trends ahead of time can lead to accurate demand forecasting. The trend-spotting abilities of AI make it a powerful tool while anticipating demand.

Inventory Reduction 52

Inventory Reduction Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

NOVEMBER 29, 2015

Market-Driven Forecasting: Historically, the use of linear optimization and genetic algorithms to sense future trends from order and shipment patterns and predict the future defined forecasting. The tactical processes of forecasting in this conventional analysis cannot sense markets fast enough to slow or speed up processes.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel. SUPPLY CHAIN DIVERSIFICATION ENABLED BY TECHNOLOGY WILL BUILD RESILIENCE.

Supply Chain Planning Software 246

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

ThroughPut

SEPTEMBER 27, 2021

Demand forecasting is a means to not just anticipate demand, but also strengthen systems that cater to this demand. Warehouse stock levels need to be matched closely with demand forecasts, sales orders, and reorders. Real-Time Forecasting. Warehouse Stock Levels. Enhancing Supply Chain Visibility.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Optimal Sourcing Modeling 52

Savi

FEBRUARY 5, 2019

Intermodal Transportation Landscape In a 2017 American Shipper Report on global sourcing, 58% of shippers indicated that their biggest concern today is rising intermodal transportation costs. These numbers signal a robust year for the transportation sector and the economy in general. percent increase in volume and a 17.3

Prescriptive Analytics Software 45

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 45

20Cube Logistics

SEPTEMBER 17, 2021

For one, using a company that specialises in logistics means you can leverage its network of warehouses and transportation modes to scale your distribution globally. Supply Chain Forecasting. After you place an order with a vendor, you use the estimated delivery dates to forecast your next order, logistics, and distribution.

Forecasting 52

Forecasting Logistics Network Optimization Software Forecasting Software Purchasing Skills 52

Supply Chain Shaman

FEBRUARY 18, 2021

The focus of the transportation suites was on cost mitigation and price negotiation. More and more cargo shifted to ocean transport until the container imbalances resulted in issues with “rolling the freight” from ship to ship despite confirmed bookings. Availability of logistics was always assumed. This has changed.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Logistics Viewpoints

JANUARY 4, 2022

The logistics of transporting and warehousing returns is a necessary evil for retailers aiming to satisfy and delight consumers. According to Allied Market Research, the returns market is forecast to reach $822B by 2025. Self-service slot booking for returns with flexible pickup windows improves the consumer experience.

Logistics Network Optimization Software 215

Logistics Network Optimization Software Supply Chain Design Software Forecasting Software Predictive Analytics Software 215

The Supply Chainer Report

FEBRUARY 5, 2022

Economic uncertainty led by pandemic, war threats, and sloppy central bank monetary policies; All these have completely destroyed companies forecasts. Forecast accuracy is not a priority anymore. The most competitive deals are closed by booking suppliers production in advance, and getting favorable T&C from transportation partners.

Innovation 52

Innovation Material Savings Inventory Reduction Cost Reduction Strategies 52

Talking Logistics

MARCH 4, 2016

Second, we just released our second Talking Logistics YOUniversity course, Building a Strong Transportation Management Foundation. Terra’s Demand Sensing capabilities allow companies to combine massive amounts of data from the supply chain to leverage demand signals which dramatically improve forecast accuracy.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Forecasting Software Supply Chain Network Software 0

ThroughPut

OCTOBER 14, 2021

In a world that is constantly being optimized for digital connectivity, outdated transport and logistics operations are bottlenecks in themselves. Accurate Demand Forecasting. Demand forecasting in the construction industry depends on a variety of factors as below: (i) Quantum of Construction Work. Outdated Logistics Models.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Supply Chain Shaman

SEPTEMBER 3, 2015

Before the benchmarking work, I believed that companies that were better forecasters would be better at inventory management. Most companies are not measuring and adapting with volatility.Analyzing forecastability of the item portfolio is a good starting place. Forecast Consumption Logic is an Opportunity for All.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Enterra Insights

MARCH 28, 2024

We now have automated production facilities, warehouses, and transport in our physical supply chain.”[2] According to the book Intelligent Automation , 42% of work can be automated, 32% of work can be augmented, and 26% of work can be eliminated. These numbers account for 84% of the workforce.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 130