SCMDOJO

JANUARY 23, 2023

It includes real-world examples from companies like Amazon and Starbucks, case study discussion questions, computer-assisted exercises, and programming projects, making it an ideal choice for anyone looking to learn about supply chain management and the analytics involved.

Prescriptive Analytics Software 119

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

Supply Chain Shaman

SEPTEMBER 28, 2022

As a result, companies are writing new case studies through their actions or inaction. 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. What is the issue?

Manufacturing Procurement 195

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

Supply Chain Shaman

JANUARY 21, 2014

.> 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. It is about much more than conventional forecasting. Forecastability. Naive Forecast.

Supply and Demand 323

Supply and Demand Modeling Demand Planning Software Forecasting 323

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

If you google “circular economy examples” then you will quickly see case studies centered on cities like Amsterdam, Berlin, Toronto, Glasgow. So the potential to combine the services of scrap waste management and raw material procurement could be something that marketplace designers can work on. MORE FROM THIS EDITION.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

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

Supply Chain Shaman

JULY 30, 2022

” (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.). End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background. Investment in control towers.

Supply Chain Design Software 195

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

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

FEBRUARY 18, 2021

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP.

Supply Chain Planning Software 278

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

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

As the dynamics of tariff policies may take a 180-degree turn overnight, it is necessary to model and forecast the scenarios in which a firm operates. Owning sound data is crucial to planning optimal shipping routes, locating distribution centers and warehouses, and forecasting revenue volumes and other trends.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Shaman

JUNE 29, 2022

The answers lie in investments in supplier development teams, the simplification of the bill of materials and product platforms, and analytics to forecast requirements based on consumption. Today, we have an additional factor with inflation to add to the mix of issues, that changes the requirements for the “buy plan in procurement.”

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

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

Exiger Perspectives

JUNE 21, 2023

Oshkosh successfully implemented automated tracking and reporting to drive improved employee efficiency; It reduced administrative overhead and increased accuracy in financial risk management and forecasting. Oshkosh was also able to create a process to manage market price fluctuations for carbon steel plate.

Supply Chain Planning Software 52

Supply Chain Planning Software Demand Planning Software Supply and Demand Supply Chain Software 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The answers lie in investments in supplier development teams, the simplification of the bill of materials and product platforms, and analytics to forecast requirements based on consumption. Today, we have an additional factor with inflation to add to the mix of issues, that changes the requirements for the “buy plan in procurement.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Bristlecone

OCTOBER 29, 2020

AUTO PARTS LEADER REDUCES FORECAST ERRORS BY 50%. With extreme demand volatility felt across industries and traditional demand forecasting methods becoming completely unreliable in 2020, companies are now turning to AI and machine learning (ML) to help steer strategic decisions pertaining to demand forecasting. Read Case Study.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Modeling 52

Vanguard Software

JULY 20, 2021

Not too long ago, in 2014, Walgreens had a $1 billion forecasting error that led to the exit of two executives. Demand Planning Forecasting Application. Supply Planning consists of estimating and forecasting the appropriate ways to fulfill the projected need found in the demand planning process. Download Brochure.

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Demand Planning Software 52

ToolsGroup

DECEMBER 1, 2015

There is a new technique for improving forecast accuracy and inventory optimization—sensing demand from Point of Sale (POS) data or "POS Demand Sensing". Detailed demand forecasts are then generated for the sales and marketing teams and to set optimal inventory levels. The result?

Supply and Demand 120

Supply and Demand Modeling Demand Planning Software Optimal Sourcing 120

Supply Chain Shaman

MAY 30, 2019

My forecast? For the CFO, end-to-end is a focus on transactional flows like order-to-cash and procure-to-pay. Most are clueless about driving a better-planned order flow from tactical planning to procurement or transportation planning or how to improve forecast-value-added (FVA) processes. Shift to be more holistic.

Inventory Reduction 197

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 197

NC State SCRC

OCTOBER 5, 2016

Brian Hoffmeyer from IQ Navigator, a procure to pay solution, spoke today at IBM’s Empower event on this trend, and the implications for procurement. But 60% of the workforce is not well managed and unaccounted for in financial planning, budgeting and forecasting. Brian mentioned several case studies.

Procurement 60

Procurement Analytics Software Supply Chain Planning Software Forecasting Software 60

ShipBob

APRIL 15, 2024

For example, a low GMROI may be an indication that you are spending too much on inventory by constantly overstocking (which increases inventory holding and inventory procurement costs). Demand forecasting Brands can leverage Shipbob’s comprehensive analytics to generate more accurate demand forecasts.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

JULY 12, 2022

Daily, we see business continuity case studies as headline news in the Wall Street Journal. For example, a “buy plan” for procurement. Traditionally, demand planning was chopped up into many applications—demand planning, forecasting by finance, revenue management, and sales account planning. The future is uncertain.

Supply and Demand 217

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 217

Supply Chain Shaman

APRIL 15, 2020

No doubt about it, we are characters in a supply chain case study searching to define a new normal. Today, we find ourselves in the middle of a risk management case study. As we moved into our new roles, for all supply chains, demand shifted. We will not find it anytime soon. Improve Visibility/Eleminate Black Holes.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

Elementum

FEBRUARY 7, 2024

Enhancing Business Operations Logistics Management: AI-driven automation revolutionizes logistics by optimizing routing and fleet management, reducing costs, and forecasting disruptions, thus enhancing efficiency and customer satisfaction.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

QAD

AUGUST 17, 2023

Click here to listen to the full episode and read the PennEngineering case study to learn more. In this episode, Phil discusses what can happen when an organization starts thinking about procurement as a strategic function rather than a simple transaction. When a customer calls, we do this, then we do this, then we do that.

Supply Chain Software 92

Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Strategy 92

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

Supply Chain Opz

APRIL 1, 2018

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute procurement and sourcing strategy like the world's leading companies. People who like to learn new concepts from case studies. Who is it for?: Our Rating: 4.9

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

Infosys Supply Chain Management

FEBRUARY 4, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Case Studies. |. There is however no easy way for the forecaster to assign these models to different segments that is available out-of-the-box. Business Process Outsourcing. Customer Service.

Forecasting 27

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Strategy 27

The Network Effect

MAY 29, 2015

Now a new technique called Demand Sensing , using highly accurate short-term demand signals, can enable companies to meet consumer demand while driving the lowest cost possible across their distribution, manufacturing, and procurement activities. Could Demand Sensing help your company? I hope you can join us!

Supply and Demand 100

Supply and Demand Demand Planning Software Inventory Reduction Cost Reduction Strategies 100

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Big Data analytics Artificial intelligence and machine learning enable predictive analytics and demand forecasting, facilitating better decision-making.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

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. Finally, decision intelligence can help select alternate suppliers to ensure more sustainable procurement of material.

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

Vanguard Software

JULY 6, 2021

For example, order data, typically used to project demand, carry latency to affect the accuracy of forecasts. Charles River Case Study. As demand data becomes increasingly complex, many supply chain management methods are no longer sufficient to sense and adapt to the increase in demand volatility. Improved value creation.

Supply and Demand 52

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 52

Talking Logistics

MARCH 4, 2016

This self-service 4-session course provides an overview of how to build a strong transportation management foundation, with a focus on strategy development, procurement, the role of technology, and the importance of enabling a continuous improvement culture and processes.

Logistics Network Optimization Software 0

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

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Logistical activities account for roughly 10-11% of global CO2 emissions and—by common consent—will be difficult to reduce, due to their very heavy dependence on fossil fuels and high forecast growth rate. We were also grateful for a series of case studies from eight companies including Kuehne + Nagel, P&G, and Tata Steel.

Cost Reduction Strategies 162

Cost Reduction Strategies Price Reduction Sustainability Logistics Network Optimization Software 162

ToolsGroup

JUNE 18, 2020

Franke, which operates in 40 countries, turned to ToolsGroup to improve forecasting, service levels and planner productivity, and unify the entire planning process. Results included: Significantly improved forecasting process stability. Significantly reduced time to execute forecasting and demand planning (50%).

ToolsGroup 24

ToolsGroup Supply and Demand Optimal Sourcing Supply Chain Planning Software 24

Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. A strong business case will articulate clear goals aligned with the company’s strategy as well as providing answers to anticipated objections.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

Unleashed

OCTOBER 6, 2021

This effect can be exacerbated by individual purchasing staff making forecasts, rounding their orders up or down, or purchasing extra stock because of bulk discounts. Using purpose-built inventory software will assist with this, by giving visibility over real-time stock levels and data to make more accurate forecasts.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

ThroughPut

FEBRUARY 17, 2022

A recent study by Harvard Business Review Analytic Services and GEP, reinforces this fact as more than 72% of companies believe their key supply chain capabilities including supply planning, demand planning, warehousing and logistics, procurement, and inventory management ought to be digitally immature.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Price Reduction Cost Reduction Strategies 52

synchrono

JANUARY 8, 2018

On the supplier’s side of the equation, the risk lay in the manufacturer’s ability to forecast demand. And if the forecast was overstated, the manufacturer didn’t need to worry about excess vendor-managed raw material or contracted-components inventory. Safety stock and reorder point levels could be set high, with minimal risk.

Vendor Strategies 75

Vendor Strategies Inventory Reduction Inventory Manufacturing Procurement 75