Supply Chain Data Management: Making Data Make Sense for Supply Chain Planning

Logility

Managing the data required for supply chain planning is a bit like raking leaves. The data keeps coming all year round. And just when you think you have clean and consistent data to work with, new internal and external data “blows into the yard.”. The amount of available structured and unstructured supply chain data continues to grow at an exponential rate. When data is poorly managed and inconsistent, supply chains become inefficient.

Taking Packaging Manufacturing to New Levels with Digital Technology

QAD

But to keep up in t oday’s rapidly changing business environment, packaging manufacturers must move beyond the concept of digital printing in order to realize the real transformation digital technology brings to manufacturing. Digitally Connected Manufacturing.

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Improving inventory management

EFT

What’s more plenty on the retail side have found themselves with held inventory but it suddenly locked away in stores that people could no longer frequent, browse and shop from. There is a lot of desire for enterprises to become extremely granular in their visibility data collection.

5 ways ERP improves inventory visibility in your supply chain

OptiProERP

Inventory visibility is one of the critical aspects of any manufacturing business. It helps organizations understand how much inventory is available, at what location , and at any given point of time. To ensure inventory visibility, you should have access to view, manage, and update your inventory status from trusted software. What Improved Inventory Visibility does. Inventory ties up money. How ERP Improves Inventory Visibility.

How Microsoft & ThroughPut are helping Global Manufacturers increase Output during the COVID-19 Pandemic, and how every Operations Professional can help

ThroughPut

Automotive manufacturers are remobilizing to produce ventilators. Our responsibility is to minimize the impact, manage our healthcare system’s capacity, and make sure the right supplies show up at the right place at the right time. We help the “doers” find, manage and leverage bottlenecks to increase output, especially in critical times. Our constraint is not our ability to help global manufacturing at scale, but to help global manufacturing in time.

Supply Chain Movement 21 – S&OP + IT

Supply Chain Movement

Forecasting is about managing risks. Major organisational and cultural changes lie ahead for supply chain management. as the advance of e-commerce continues, companies with an omnichannel approach are increasingly implementing specific order management systems. furthermore, because the continuing growth in outsourcing is making global businesses ever-more susceptible to disruptions, supply chain risk management software is also on the rise.

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Planned Obsolescence in the Durable Goods Industry

Logility

To some extent durable goods manufacturers can predict aggregate demand based on the average useful life for their products. Of course people like me, who stretch the limits on the useful life of a product, tend to throw outliers into the data. Disposable income can ebb and flow abruptly due to natural and man-made disruptions, leaving durable goods manufacturers scrambling to dispose of excess inventory. Inventory Optimization

5 Quick Solutions for Simplifying Supply Chains

Unleashed

With the rapid rise in our ability to collect information, data saturation is everywhere. Sure, data is king when it comes to helping forecast future demand and inventory stock needs but the ability to collect data is not always supported by the ability to filter and manage that data correctly. Any data collected and held needs to be relevant to the business. Business Tips inventory management supplier relationship suppliers supply chain

Is Your Supply Chain ‘Ready for Anything’?

ToolsGroup

Over the years we’ve built strong relationships with hundreds of global companies, and we hear the same challenges again and again: they can’t accurately plan for intermittent demand, they’ve got too much capital tied up in inventory, and their planners are overwhelmed by data management and complicated math. The algorithm becomes more accurate over time, and safeguards institutional knowledge through its accumulation of data. and reduced inventory by 18%.

How Microsoft & ThroughPut are helping Global Manufacturers increase Output during the COVID-19 Pandemic, and how every Operations Professional can help

ThroughPut

Automotive manufacturers are remobilizing to produce ventilators. Our responsibility is to minimize the impact, manage our healthcare system’s capacity, and make sure the right supplies show up at the right place at the right time. We help the “doers” find, manage and leverage bottlenecks to increase output, especially in critical times. Our constraint is not our ability to help global manufacturing at scale, but to help global manufacturing in time.

Six Must Have Supply Chain Capabilities for Success in the Food and Beverage Industry

Logility

Today, we continue this conversation and look at six must have capabilities that drive supply chain improvement for F&B manufacturers. The food & beverage industry faces a lengthy list of unique challenges from long raw material lead-times and volatile commodity pricing to safety and quality requirements combined with high demand uncertainty, frequent new product introductions, perishability and complex manufacturing constraints. Advanced Inventory Management.

What is SCM and Why is it Important?

Oracle SCM

The acronym SCM stands for supply chain management. It refers to the systems, processes and software packages used by organizations to manage day-to-day operating activities such as, new product development , demand, supply and sales & operations planning , procurement , logistics , order management , manufacturing and asset maintenance. Today, SCM systems are critical to businesses of all sizes and in all industries for managing their day to day operations.

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Solving the Supply Chain Planning Puzzle

Logility

Back to reality, today’s manufacturers face a long list of difficult supply chain challenges including increasing demand variability, inventory proliferation, manufacturing capacity constraints, increasing risks both nature and human based, more environmental compliance regulations, intense global competition, increasing customer expectations and a shortage of talent. An estimated, 75% of available supply chain data originates from outside the ERP system.

Digital Transformation of Supply Chain Planning at SKF

ToolsGroup

Digital transformation ” is tough for any firm, but when you are $9 billion industrial manufacturer, it is a sizable undertaking. At last week’s TG18 ToolsGroup user event , global bearing manufacturer SKF laid out an impressive review of their transformation to “ Integrated Planning ”. As Jörg Schlager, SKF's Business Transformation Manager - Demand Chain, describes it, the company is looking around and seeing disruption everywhere. Inventory planning was local.

Solving the Supply Chain Planning Puzzle

Logility

Back to reality, today’s manufacturers face a long list of difficult supply chain challenges including increasing demand variability, inventory proliferation, manufacturing capacity constraints, increasing risks both nature and human based, more environmental compliance regulations, intense global competition, increasing customer expectations and a shortage of talent. An estimated, 75% of available supply chain data originates from outside the ERP system.

Investing in innovation key to surviving future pandemic, report shows

EFT

A new report is highlighting that manufacturers need to move away from underinvestment and lack of adaptability, and towards thinking and acting quickly in building new business models and new ways of working that help them deliver during these difficult times.

Investing in innovation key to surviving future pandemic, report shows

EFT

A new report is highlighting that manufacturers need to move away from underinvestment and lack of adaptability, and towards thinking and acting quickly in building new business models and new ways of working that help them deliver during these difficult times.

Process Chemicals – A Complex Supply Chain in Motion

Logility

On a recent road trip to retrieve my daughter from college I drove past a handful for chemical manufacturing plants of various types. Viewing a chemical manufacturing plant from a distance everything seems so peaceful and static. Chemical manufacturing plants can take years to build and once operational produce continuously to maximize the output of refined materials at the lowest possible cost. An estimated, 75% of supply chain data originates from outside the ERP system.

Welcome 2019

Supply Chain Shaman

Bear markets drive heightened interest in supply chain management. Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities. SAP won the fight, but ERP failed to make the desired mark on driving value in supply chain management. The flawed vision by Gartner of ERP II (the use of ERP as the backbone for supply chain management) is dead. Machine learning will redefine master data management.

Process Chemicals — A Complex Supply Chain in Motion

Logility

On a recent road trip to retrieve my daughter from college I drove past a handful for chemical manufacturing plants of various types. Viewing a chemical manufacturing plant from a distance everything seems so peaceful and static. Chemical manufacturing plants can take years to build and once operational produce continuously to maximize the output of refined materials at the lowest possible cost. An estimated, 75% of supply chain data originates from outside the ERP system.

ERP and MES: The Relationship Explained

OptiProERP

Manufacturers are becoming more competitive day-by-day. From adopting lean manufacturing strategies to investing in power-driven machinery, manufacturers endeavor to deliver the best quality products in a short period. Manufacturing Execution Systems (MES) is an extensive software that controls complex manufacturing operations and data on the shop-floor. MES is a vital element of Manufacturing ERP.

Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

The late consultant, educator, and author, Peter Drucker, is often quoted as saying "you can't manage what you can't measure.” In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). ” Each functional area of the supply chain (purchasing, planning, distribution, manufacturing, customer service, etc.) For example, maximizing factory efficiency can lead to a surplus of inventory.

Planned Obsolescence in the Durable Goods Industry

Logility

To some extent durable goods manufacturers can predict aggregate demand based on the average useful life for their products. Of course people like me, who stretch the limits on the useful life of a product, tend to throw outliers into the data. Disposable income can ebb and flow abruptly due to natural and man-made disruptions, leaving durable goods manufacturers scrambling to dispose of excess inventory.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

As a result, to fulfill customer-centric and demand-driven strategies, companies need to build outside-in processes using market and channel data to sense, shape and drive a more intelligent response. Enterra Solutions announced a partnership with Cap Gemini and ToolsGroup announced the release of a software solution for the self-correcting supply chain with a focus on cleaning data and detecting anomalies.) The supporting data will be self-correcting.

The Digital Supply Chain: Making The Leap With A Ball and Chain

Supply Chain Shaman

Master Data is No Longer a Barrier. Cognitive learning and rules-based ontologies will redefine master data management technologies making them obsolete. I also believe that growth in Asia and Africa will spur new thinking in supply chain processes for the use of mobility and sensor data. There are some positives: in 2016, over 60% of supply chain leaders are embracing cloud-based solutions, and 45% are increasing their spend in supply chain management solutions.

Point-of-Sale Data Use Cases Fuel Effective Trade Promotion Execution

Supply Chain Insights

Point-of-Sale data has become one of, if not the most important factor determining the success of a trade channel promotion. The global big data initiative was catapulted off the flight deck and the mission of shopper reconnaissance was executed in earnest. The digital transformation we are neck-high in now is just beginning; but it has already brought us significant breakthroughs in data acquisition and management as well as near and real-time consumer intelligence.

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Gartner releases new Supply Chain Planning Magic Quadrant

ToolsGroup

Inventory planning , including collaborative inventory planning. Manufacturing scheduling. In addition, they list nine key technical competencies to ensure that planning functionality can be utilized effectively across an E2E supply chain: Process management. Unified data, process and analytical models. Performance management and analytics support. Master data management (MDM).

Five Trends That Excite Me!

Supply Chain Shaman

EDI is too cumbersome, and SAP Ariba’s focus, despite the marketing hype, is primarily on managing indirect spending. (My Suitable and instrumental for contract management and supply chain finance? Master data management and standards are the bane of B2B connectivity. Can artificial intelligence make standard discussions obsolete, and master data management roles no longer necessary? Data today does not move at the speed of business.

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Practical ways to measure productivity – and improve it

Unleashed

In this article we’ll first look at practical ways to measure productivity in the workplace, and then at some of the practical metrics and KPIs that help business owners and managers lift productivity. To keep things simple we’ll be looking mostly at manufacturing productivity.

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Gartner releases new Supply Chain Planning Magic Quadrant

ToolsGroup

Inventory planning , including collaborative inventory planning. Manufacturing scheduling. In addition, they list nine key technical competencies to ensure that planning functionality can be utilized effectively across an E2E supply chain: Process management. Unified data, process and analytical models. Performance management and analytics support. Master data management (MDM).

Is your supply chain planning ready for the “Experience Economy”?

ToolsGroup

They vastly improve predictive capabilities by deriving insights from huge and diverse data sources including social feeds , weather forecasts and peer reviews. We have worked with manufacturers such as Aston Martin , Danone , Granarolo and Lennox Industries who enhanced their supply chain planning with machine learning to achieve dramatic improvements. Click below for a podcast with ideas on how to start leveraging AI for demand management and supply chain planning.

Supply Chain Management – A 2012 Priority

Logility

” While the economic climate may be uncertain, many companies realize they have to invest in areas such as supply chain management software to be competitive and profitably grow. This is just below the top two areas Data Management Strategy (approx. 55%) and Business Process Management (approx. At Logility we see three primary drivers – Sales and Operations Planning (S&OP), Multi-Echelon Inventory Optimization (MEIO) and Optimized Supply Planning.

Critical Supply Chain Planning Capabilities Needed to Survive the COVID-19 Pandemic and Future Supply Chain Disruptions

Logility

According to the survey, 44 percent of manufacturers do not have a plan for supply chain disruptions from China. Once the dust has settled from the Coronavirus I hope these, and the many others out there in a similar situation, take the time to think about the people, processes, data and technology they need to weather a future challenge more resiliently. Strategy One: Get a Better Handle on Supply Chain Data. The digital supply chain thrives on data.

Collaboration and Visibility in the Supply Chain

Oracle SCM

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. This was a relatively heavy investment in time and resources when we had our startup due largely to the investment in data gathering and integration. See Oracle’s PaaS for SaaS data integration cloud for more information. Tom McDonough , Sr.

Good Times Can Be Dangerous to Supply Chain Operations

Logility

A consequence of long periods of economic growth, like the one we just had from June 2009 until March 2020, is that many members of the supply chain team have only experienced managing a supply chain during growth. Supply chains face different challenges in growth versus recessive economies and must be managed to different company goals and objectives and different customer expectations. Inventory Management: During growth it seems you can never have enough inventory.