Logility

AUGUST 30, 2023

Limited Data Handling Capabilities Excel is a versatile tool for basic data management and analysis, but when it comes to handling vast amounts of complex supply chain data, it falls short. Supply chain planning involves numerous variables, such as demand forecasts, inventory levels, lead times, and production capacities.

Supply Chain Planning Software 130

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

Logility

JUNE 15, 2021

How companies in this industry approach demand forecasting can have far-reaching effects on their short-, mid- and long-term success. The bottom line: F&B companies need accurate ways to track and forecast real-world demand and keep pace with consumers’ expectations. Supply chain data management.

Supply and Demand 147

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

Vinculum

APRIL 29, 2022

The report has made a forecast analysis to handle the market from a broader perspective. The post Cross Border B2C E-Commerce Market Demand Estimations and Industry Dynamics Forecast Report, 2030 appeared first on Vinculum Group. Such a platform uses updated technologies or software to handle the work without much effort.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

ToolsGroup

AUGUST 8, 2023

This enables organizations to improve forecasts and reduce on-hand inventory while maximizing service levels. “We Equipped with probabilistic planning and advanced inventory optimization , the solution leverages powerful artificial intelligence and machine learning to better predict supply and demand requirements.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Modeling Supply Chain Design Software 156

Logility

AUGUST 20, 2021

Most companies can no longer rely on historical data to predict demand and inform supply chain forecasting. Autonomous planning for the supply chain ensures your company can accurately forecast how myriad conditions may affect its operations. And in either scenario, poor supply chain planning hurts their bottom line.

Supply Chain Planning Software 130

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

My Office Apps

AUGUST 31, 2023

This article explores the intricate relationship between ERP evolution and the emergence of AI, highlighting their collective impact on supply chain management. ERP Evolution: From Data Management to Strategic Orchestration Enterprise Resource Planning (ERP) systems have evolved beyond their origins as mere data management tools.

Optimal Sourcing 71

Optimal Sourcing Inventory Management Software Supply Chain Planning Software Forecasting Software 71

The Network Effect

JULY 17, 2015

CWCS Managed Hosting/Flickr. Note this the second installment in a series of posts on how master data management affect a company’s financial health. In my first post, I explored whether Wall Street should care about your master data management strategy. .

Customer Service 100

Customer Service Cost Reduction Strategies Data Management Expense Reduction 100

Logility

MARCH 16, 2023

Detect market shifts with demand sensing The goal of demand sensing has always been to do better than traditional forecasting at short-term planning. Enhance the accuracy of demand volatility forecasts by adding in causal factors. That theory generally worked well—until the pandemic.

Network Design Software 130

Network Design Software Network Design Supply Chain Design Network Optimization 130

Logistics Viewpoints

JANUARY 17, 2023

Companies must have a strategy in place to manage sourcing events, incorporating greater visibility as well as forecasting and supplier evaluation capabilities, so that they can introduce at least some predictability into future sourcing and make more informed decisions. in advanced economies — causing a potential slump in demand. [2].

Prescriptive Analytics Software 194

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 194

RELEX Solutions

NOVEMBER 7, 2017

Fresh Forecasting & Replenishment: Running an Efficient Omnichannel Grocery Retail Operation. Author: Maiju Heino, Product Manager, Grocery Retail. Accurate forecasting is at the core of increased operational efficiency as it is key to accurately match resources, such as stock and personnel, with demand.

Forecasting 28

Forecasting Sourcing Strategies Forecasting Software Optimal Sourcing 28

Logility

APRIL 17, 2023

By leveraging big data from edge devices, manufacturers can create better demand forecasts, leading to improved service levels, increased revenue, and better customer insight. This helps manufacturers anticipate demand, increase customer satisfaction, and drive revenue growth. Let’s get started.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 130

The Logistics of Logistics

DECEMBER 29, 2020

She has led programs ranging from acquisitions to technology deployment with a strong focus on lean manufacturing and data management. Flip the forecasting narrative. During unprecedented times, historical forecasting is not useful. Shanna earned a BA and an MBA from Baldwin Wallace University. About CarrierDirect.

Supply Chain Disruption 130

Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 130

Logility

MARCH 30, 2020

However, more than 40 percent of supply chain leaders say that their available data is difficult to analyze because it is split between multiple reporting tools and systems, or simply because it is bad data. Technology that supports the acquisition, cleansing, management and near real-time update of end-to-end supply chain data.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Disruption 130

ThroughPut

DECEMBER 6, 2023

.” Unlike diagnostic and descriptive analytics, which were designed to analyze situations after they happened, predictive analytics utilizes advanced data analytics techniques to forecast future outcomes. Data mining, for instance, delves deep into vast datasets, uncovering hidden patterns and correlations.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Logility

JULY 4, 2018

Clean and consistent data is required to harness the power of investments in analytics, digitization, optimization, machine learning, big data and other advanced supply chain capabilities. Accurate demand forecasts lay the foundation for an effective supply chain.

Chemicals 113

Chemicals Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization 113

Silvon Software

AUGUST 8, 2022

These insights can also be used to understand the probable impacts of supply chain constraints on revenue forecasts. Businesses need to make it easy for everyone in the supply chain to get the data and tools they need. Make supply chain analytics broadly available.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

SYSPRO Smarter ERP

FEBRUARY 2, 2022

To better understand the possible applications of AI for inventory management, let’s focus our sights on the most common problems that companies face while managing the inventory and establishing efficient supply chains. Effective data management. Order fulfillment.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

Logility

AUGUST 23, 2018

Clean and consistent data is required to harness the power of investments in analytics, digitization, optimization, machine learning, big data and other advanced supply chain capabilities. Accurate demand forecasts lay the foundation for an effective supply chain.

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Optimization 101

Logility

JULY 5, 2018

Clean and consistent data is required to harness the power of investments in analytics, digitization, optimization, machine learning, big data and other advanced supply chain capabilities. Accurate demand forecasts lay the foundation for an effective supply chain.

Chemicals 101

Chemicals Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization 101

Supply Chain Matters

JANUARY 24, 2024

The prior forecast was €16.3 The prior forecast was €11.5 Having a trusted internal SAP employee or partner source to help differentiate technology direction and implications to supply chain processes and master data management has been likely quite helpful. billion that includes share-based compensation.

SAP 59

SAP Negotiating Skills Sourcing Strategies Supply Chain Planning Software 59

Logility

AUGUST 22, 2018

Clean and consistent data is required to harness the power of investments in analytics, digitization, optimization, machine learning, big data and other advanced supply chain capabilities. Accurate demand forecasts lay the foundation for an effective supply chain.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 100

The Network Effect

JANUARY 17, 2016

Note: This is the latest in a series of posts that discuss how your companies master data management strategy (MDM) has a direct relationship to your company’s fiscal health. In my last post, I discussed how to bring visibility and reliability to enterprise data. Image by Flickr User Adam Grabek.

Vendor Strategies 100

Vendor Strategies Buyer Training Negotiating Skills Inventory Reduction 100

Logility

JULY 7, 2021

If you’re managing your inventory with 1990s ERP technology, you’ll be ill-equipped to meet modern-day customer needs. Inaccurate data hampers supply chain forecasting. Plus, low-quality data drives up supply chain costs. A dedicated supply chain data management solution can offer support in several areas.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Optimization Software 130

DynaSys

JANUARY 15, 2021

Changes in the competitive landscape, like a key competitor filing for bankruptcy, is additional market intelligence that should be incorporated into the forecast. Maintaining data integrity is a critical function of data management. All data should be consistently labeled to keep the database as “clean” as possible.

S&OP 52

S&OP Supply and Demand Forecasting Material Savings 52

Logility

FEBRUARY 26, 2020

Over my 25+ year supply chain career I have worked for several distribution-intensive companies and every single one of them had a focus on improving forecast accuracy. Achieving a high SKU level forecast accuracy is a top goal for supply chain planning teams regardless of industry, size, location, etc.

Forecasting 162

Forecasting Forecasting Software Optimal Sourcing Supply and Demand 162

Supply Chain Shaman

JULY 30, 2022

End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Insights from market data to drive bi-directional orchestration. With the increase in market variability, why do companies not use channel data to model demand patterns to decrease demand latency?

Supply Chain Design Software 195

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

Logility

SEPTEMBER 3, 2021

Establishing CPG growth goals for your company doesn’t have to be complicated, but it does require using all the data at your disposal – whether from within or outside your business – to forecast demand and continue the innovation that will propel success. Data is the key to growth.

Modeling 130

Modeling Scenario Planning Predictive Analytics Price Reduction 130

Logility

APRIL 5, 2016

At the heart of bettering your supply chain is to create an agile one built on accurate forecasting. For many, automating the forecasting process is the first step to improve service levels and profitability. A: Our transformation started with a review of how we forecasted before we implemented Logility. Creativity.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 100

Supply Chain Shaman

NOVEMBER 29, 2015

The Hadoop approaches to data management are about 1/5th the cost of relational database approaches. Hadoop enables users to bring structured and unstructured data together in a natural state (think file folders) and then query or index based on need. (For Traditional forecasting systems are not adequate.

Supply Chain Planning Software 0

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

Enterra Insights

JUNE 1, 2021

Melanie Nuce ( @auntmel ), Senior Vice President of corporate development at GS1 US, adds, “In an effort to gain velocity in fulfillment, AI has been playing an increasing role in inventory management. However, some retail operations lack specificity in their product data management.

Supply Chain Design Software 130

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

ShipBob

JULY 2, 2021

Demand forecasting. Tech-enabled demand forecasting has shown to reduce supply chain errors by 30 to 50%. With inaccurate forecasting, it’s easy to lose out on sales due to inaccurate inventory data, which leads to understocking or overstocking issues that result in lost profits. . Forecasting future demand.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

ToolsGroup

APRIL 11, 2018

It managed local inventories fed by regional warehouses and factory warehouses (See Figure 1 below). There was limited alignment between regional forecasts and there could be potentially different planning methods and parameters in each unit. Each echelon of this multi-tier organization was planned towards a local optimum.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 222

ThroughPut

JANUARY 2, 2024

This approach hinges on the manufacturer’s ability to forecast demand precisely, ensuring materials are delivered at the precise moment they are required on the production floor. It’s akin to a precision dance that demands exact forecasting, seamless supplier communication, and an intimate knowledge of the manufacturing process.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

EazyStock

MARCH 14, 2023

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. Digitize and automate as much as possible A modern business system (ERP) provides almost real-time insights to streamline processes and data management across your organization.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Logility

SEPTEMBER 5, 2021

Supply chain modeling with AI means you’ll be able to draw insights and recommendations from machine analysis of vast amounts of data, far more than human analysts can process. ML uses self-improving algorithms to optimize supply chain processes, predict new opportunities, and forecast challenges. Why ERP Alone Isn’t Enough.

Modeling 130

Modeling Optimization Modeling Modeling Software Optimal Sourcing 130

Adexa

MARCH 7, 2022

Attribute based planning and forecasting can be used to provide better customer service and data management by drastically reducing the number of SKUs available for products that have slight variations. Can attributes make data management less cumbersome and my life easier?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Scenario Planning Resource Reduction 52

ToolsGroup

OCTOBER 17, 2017

They vastly improve predictive capabilities by deriving insights from huge and diverse data sources including social feeds , weather forecasts and peer reviews. AI technologies have been around in large, expensive mainframe environments.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 180