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Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

BOSTON, Mass. Digital transformation is not seen as a singular activity but a set of interrelated activities that span across people, process, technology, policy, and metrics,” said George Fowler, group vice president in Spinnaker’s Supply Chain business unit. PRESS RELEASE. and HOUSTON, Tex.

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Global Supply Chains — A Source of Strength

Enterra Insights

The varied goods in the containers illustrate the far-flung nature of modern supply chains and show how transportation problems on one side of the world can affect the production of goods and store inventories thousands of miles away.”[5] The post Global Supply Chains — A Source of Strength first appeared on Enterra Solutions.

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Causal Artificial Intelligence and Supply Chain Performance

Enterra Insights

To highlight that point, Tyler Vigen , a Partner at Boston Consulting Group (BCG), started a site called Spurious Correlations. If you want to plan something, if you want to find the best policy, you need some sort of causal reasoning module.” He explains, “Prediction is at the core of running an efficient supply chain.

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Wholesale Distribution: Any Way You Want It?

Logility

The groups on my most listened to playlists include Boston, REO, Rush, Kansas, Styx, Van Halen, Eagles, Foreigner and The Police, just to name a few. Optimize Your Inventory: Too much inventory leads to discounting, obsolescence and write-offs. Too little inventory causes missed service levels and lower revenue.

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MEIO By the Numbers

Logility

. $100 million – Amount Proctor & Gamble saved in just the beauty division from multi-echelon inventory optimization ( Link ) ( Video ). $50 50 million – Total savings HP realized from MEIO as well as a 30% inventory reduction ( Link ). 26% – Amount Boston Scientific reduced their inventory ( Link ). $20

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

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The Efficient Frontier Awaits

Logility

I am going to use the “efficient frontier” concept in inventory optimization as an example. There is a natural trade-off between service level and inventory cost. A full Multi-Echelon Inventory Optimization (MEIO) initiative can do this. of Boston University and Michael Martin of Stanley Black & Decker.