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Conquering the Explosion of Supply Chain Planning Data

Logility

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. This article will discuss the opportunity generated from the explosion of supply chain planning data and the necessity for digital supply chain transformation. Exponential Growth in Supply Chain Data. Digital Supply Chain Transformation. 1 Louis Columbus.

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

ToolsGroup

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. Drivers of supply chain planning digitization vary significantly by company, with 42% identifying increased operational efficiencies (e.g. PRESS RELEASE.

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The Internet of Things and the Supply Chain: Serious or Just Flirting?

Enterra Insights

Numerous supply chain experts insist supply chain processes are experiencing a revolution thanks to emerging technologies. Tom Ryan ( @retailwire ) explains, “While IoT is promising to reinvent the in-store experience with smart shelves, robots and other connected devices, the big early payoff appears to be back in the supply chain.”[1] ” Ryan reports some supply chains are well into the IoT engagement period.

It’s Turkey Time!

Kinaxis

But seeing as this is a blog about supply chain, and not about my preferred poultry, I thought I’d take a look at what goes into getting those millions of pounds of turkey from the farm to the table. Maybe for you, but certainly not for those involved in the turkey supply chain. While there is the possibility of sourcing from a secondary supplier, there’s no guarantee they’ll have enough stock available. So what does that mean for the supply chain?

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Supply Chain Optimization 101: How to Best Harness the Power of Big Data

AFFLINK

More importantly, how can you leverage this fascinating technology into the world of supply chain optimization? Big data is arriving from multiple sources at an alarming velocity, volume and variety.” In the realm of procurement and supply chain optimization, big data is already lifting the industry to new heights. The research report “Big Data Analytics in Supply Chain: Hype or Here to Stay?

Digital Transformation Helps with Corporate Alignment

Enterra Insights

For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost. Louis Columbus ( @LouisColumbus ) suggest ten way cognitive technologies can help companies achieve successful digital transformations.[4] Cognitive technologies make supply chains better.

5 Future Applications of the Industrial Internet of Things in Manufacturing & Logistics

Cerasis

Additionally, overall maintenance costs have dropped by 30 percent, and predictive maintenance has reduced machine-specific failures by 70 percent, reports Louis Columbus of Forbes magazine. Since 2012, the overwhelming majority of manufacturers (63 percent) have either already implemented or are planning to implement IIoT technologies soon, but only 10 percent have already successfully built and integrated IIoT networks into the supply chain as January 31, 2016.

New Panama Canal Options: Running the Numbers with a TMS

TMC

Modern TMS solutions are designed to help shippers make such trade-offs, with analytics platforms that take data from multiple sources and present the shipper with a single access point for calculating total landed cost. The preferred amount of inventory held on ships and trucks depends on constraints such as the value of the cargo. If high-value items are being shipped, it’s important to minimize inventory levels. Is your supply chain make-to-order, make-to-stock, or both?

Executing on time, all the time: apparel executive’s guide to competitive advantage

RELEX Solutions

We are delighted to welcome Charlotte Kula-Przezwanski from Columbus Consulting (CCI) as our guest blogger. CCI is renowned for its expertise in retail business processes and systems delivering practical solutions to optimize sales, margin and inventory across all channels of operation. Sadly we all know that missed internal deadlines drain profit from many apparel brands: Merchandise Planning didn’t align demand forecasts with Sourcing. Partner, Columbus Consulting.

Planning and managing the critical aspects of a full merchandising season

RELEX Solutions

However, we still need to source and sell products, and to do that without losing focus on the customer, we need to run efficient processes. At RELEX we specialize in demand forecasting and retail and supply chain planning. You can put start and finish dates into a modern retail and supply chain planning solution. Automated replenishment can then handle ongoing inventory transfers to stores and, eventually, ramp-downs. Partner, Columbus Consulting.