ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain? How should the supplier perform?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Supply Chain Opz

JUNE 1, 2014

Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

AIMMS

JULY 23, 2019

But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Many of these factors are difficult to control and predict. Advanced analytics as enabling technology.

S&OP 278

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 278

Supply Chain Shaman

FEBRUARY 18, 2021

Next Steps: Start to model demand based on market data to align the organization on baseline demand. Resist the temptation to place deeper analytics on top of existing data models. Instead, rethink the model and the approach. Out of desperation, they turned to the use of descriptive analytics. Next Steps.

Supply Chain Planning Software 278

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

Vanguard Software

MAY 4, 2021

However, there are quite a few ways to improve demand forecast accuracy. Here are seven ways to improve demand forecast accuracy for increased operational efficiency and profit. The Business Case for Demand Forecasting. The first step in the forecast process is to determine assumptions, or starting values.

Forecasting 52

Forecasting Forecasting Software Supply and Demand Modeling 52

Vanguard Software

MAY 4, 2021

However, there are quite a few ways to improve demand forecast accuracy. Here are seven ways to improve demand forecast accuracy for increased operational efficiency and profit. The first step in the forecast process is to determine assumptions, or starting values. Use a granular model. Produce a range of forecasts.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Unleashed

APRIL 4, 2023

We also break down several case studies of companies currently using machine learning in their supply chain processes. These include but are not limited to identifying stock fluctuations, forecasting trends and demands for products, and optimizing delivery processes. What is machine learning?

Case Study 52

Case Study Supply Chain Planning Software Supply Chain Software Forecasting Software 52

Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? ” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.).

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Unleashed

AUGUST 11, 2020

A business cannot operate without sufficient cash flow to fund purchasing, drive marketing and sales, invest in new equipment and cover operation costs. Some of these issues include obsolescence, tied-up cash flow, missed sales due to stock-outs and off-target forecasting and purchasing. Automation.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases. This metric doesn’t just account for the cost of buying inventory.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

AIMMS

JULY 23, 2019

But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Many of these factors are difficult to control and predict. Advanced analytics as enabling technology.

S&OP 156

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 156

Supply Chain Shaman

JUNE 21, 2023

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. Almost two decades of reporting. As a result, the lessons given in case studies and at industry forums do not help the industry progress. The analysis is now in its ninetieth year.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

Supply Chain Shaman

JANUARY 21, 2014

In companies, there is no standard model for demand processes. New forms of analytics make new capabilities possible. > Unfortunately, companies have invested money in traditional forecasting processes believing that if they make the forecast better that corporate performance will improve. .> It is evolving.

Supply and Demand 323

Supply and Demand Modeling Demand Planning Software Forecasting 323

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? The financial budget is a cost-control mechanism. There are many reasons why the budget cannot be used as a supply chain forecast. Time horizon.

Supply Chain Design Software 183

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

SCMDOJO

AUGUST 16, 2023

This case study aims to delve into the significance of supply chain capability for enhancing a company’s competitiveness and how it serves as a competitive advantage for companies. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. The result?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

ToolsGroup

MARCH 1, 2018

But omnichannel retail is causing retailers to revisit practices like this and explore a new approach that flips the sequence, using analytics to first determine what is likelier to sell, then deciding what to carry. Retailers have relied on an “Open-to-Buy” budget as a way to both control spend and determine what inventory to purchase.

Inventory Reduction 189

Inventory Reduction Retail Inventory Supply Chain Planning Software 189

ToolsGroup

OCTOBER 25, 2022

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. Is your historical data not a reliable enough foundation for your forecast?

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Shaman

OCTOBER 8, 2017

On one extreme, there is an argument that forecasts are always wrong, “Why do them at all?” ” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I do believe in demand planning, but most companies overstate forecast improvements.

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

Supply Chain Shaman

DECEMBER 17, 2018

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. As the number of items being sold grew, they became increasingly more difficult to forecast. A chart from the Terra Technology annual study on demand depicts this relationship. The reason?

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

Bristlecone

OCTOBER 29, 2020

For one manufacturing client, a recent diagnostics assessment identified key opportunities in supply chain planning process improvements, logistics optimization and reporting enhancements. AUTO PARTS LEADER REDUCES FORECAST ERRORS BY 50%. Read Case Study. Procurement solutions for contracts and commerce automation.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Modeling 52

The Logistics & Supply Chain Management Society

APRIL 15, 2021

While a monolithic enterprise platform is no longer useful in today’s network-based world, it can still play an important role in aggregating and reporting the financial performance processes of the enterprise. The potential of the business network-based approach to supply chain management, is significant as proven by recent case studies.

Inventory Reduction 259

Inventory Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 259

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. Having proper forecasting enables an organization to turn insight into action and mitigate these fluctuations. MicroVention Case Study.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

Unleashed

SEPTEMBER 28, 2021

When both of these are then paired with forecasting, you’ll also be able to plan your stock levels ahead of time (which we’ll cover below). Demand forecasting Predicting peaks, troughs and seasonal changes will mean you can plan ahead and get the right stock when you need it – and that you reduce waste and improve your business’ efficiency.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Forecasting Software Supply Chain Planning Software 98

ThroughPut

FEBRUARY 14, 2024

As a result, businesses are now confronted with the need to rethink and transform foundational assumptions about supply chains – and how they plan, forecast, and operate them. The report recommends shifting toward a new approach of piloting automation tools over mere visibility and analytics, which will be powered by AI.

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

RFgen

JUNE 30, 2023

Yet the reality is, 74% of respondents to the Digital Inventory Report reported that are not yet leveraging sufficient software means to streamline inventory management. Case Study: NFPC Enhances ERP to Gain 99.9% Reasons include cost, complexity, and fear of change.

Inventory Management Software 76

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 76

RFgen

MARCH 27, 2024

Demand Forecasting: Utilizes historical sales data and trend analysis to predict future demand, allowing companies to adjust inventory levels proactively to meet anticipated needs. Manual work led to unacceptable errors and inefficiency.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Resource Reduction Supply Chain Planning Software 75

Supply Chain Shaman

NOVEMBER 28, 2016

The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. For this case study we interviewed Peter Smith, currently the EVP of Supply Chain for Carter’s. Performance on the Supply Chain Metrics That Matter.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

ToolsGroup

APRIL 5, 2016

The in-depth reporting is titled, “The Last Days of Target: The untold tale of Target Canada’s difficult birth, tough life and brutal death.” It is one of the more fascinating supply chain case studies I have ever read, almost like watching a TV mini-series. The story line is essentially this. headquarters.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Software Forecasting Software Predictive Analytics Software 120

The Logistics & Supply Chain Management Society

JULY 23, 2020

Let us study major highlights of Supply Chains of the future. Most of the current repetitive processes like (forecasting, reports, purchase orders & Invoicing) will be automated using various technologies. Case Study Agility: ZARA. Case Study Resilience: CISCO.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Supply Chain Shaman

MAY 5, 2017

This ended when Gartner purchased AMR Research in 2010. Since I do not believe in the Gartner business model, I left. However, we disagree on the principles of forecasting and the use of demand sensing technologies. 2) Build an outside-in demand planning model to use channel data. 3) Redefine Forecasting.

Supply and Demand 169

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 169

Unleashed

OCTOBER 6, 2021

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Invata Intralogistics

APRIL 5, 2024

Additionally, AI can learn from historical data to forecast order trends and pre-position frequently ordered items, further streamlining the process. AI’s Impact on Inventory Management Accurate inventory management is crucial in reducing operational costs and improving customer experience.

Supply Chain Software 52

Supply Chain Software Predictive Analytics Software Optimization Software Inventory Management Software 52

Supply Chain Game Changer

MARCH 14, 2022

Supply Planning & Sourcing Analytics. To help companies solve these problems, supply planning and sourcing analytics tools can be utilized. These platforms, which include Microsoft Dynamics AX Online Supply Planning & Sourcing Analytics, help simplify and automate much of your planning and purchasing process.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

Vanguard Software

APRIL 2, 2021

Positive momentum indicates pent-up demand since the October and November 2020 Purchasing Managers Index (PMI) was higher than any time since 2018. MicroVention Case Study. Download Case Study. Local Manufacturing Will Grow. Operational Resilience Becomes More Critical.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Agile and Lean Supply Chain 52