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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. Poor data quickly eats into the profits of new business opportunities.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.

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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. It boils down to three essential supply chain capabilities: Predict, Protect and Perform. and reduced inventory by 18%.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

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.

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.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

For example, 3PLs and software vendors did pay more attention to serving the needs of small and mid-sized businesses (SMBs) and companies in the Energy and Process Industries (see TMS for SMB: Breaking Down the Barriers , Oil & Gas Companies Focus on Eliminating Supply Chain Waste , and Collaboration and Optimization in the Oil & Gas Industry ). Making supply chain and logistics predictions is like throwing darts at a moving target.

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 ”. The company is moving from location-based planning to a global planning model, including a complete revamp of its supply chain planning operations to processes organized by product and factory.

Gartner releases new Supply Chain Planning Magic Quadrant

ToolsGroup

Gartner Research just released its new Magic Quadrant for Supply Chain Planning System of Record (SCP SOR). This Magic Quadrant analyzes SCP SORs (the foundational planning layer) that support the “integrate” maturity stage demand and supply planning (Stage 3 in Gartner’s five-stage maturity model). In essence, the SCP SOR helps to establish a single version of the truth for the supply chain plans, regardless of what the underlying ERP landscape looks like.”.

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

ToolsGroup

Gartner says, “To guarantee this, the supply chain operating model must change. Supply chains need to deliver new types of customer experiences, and they will do so through virtual ecosystems that are powered by new digital technologies, including artificial intelligence (AI),” says Gartner. They vastly improve predictive capabilities by deriving insights from huge and diverse data sources including social feeds , weather forecasts and peer reviews.

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

Logility

Looking back a few months, no one could have predicted the current state of the global supply chain. Although maybe we should have been better prepared, after-all this is not the first major supply chain disruption faced by most companies. Yes, every disruption tends to challenge the supply chain in different ways. A major ocean carrier or supplier going bankrupt can affect your supply chain differently than a global pandemic.

Supply Chain Movement 21 – S&OP + IT

Supply Chain Movement

Contents Supply Chain Movement 21 – 2016 Q2. Forecasting is about managing risks. Major organisational and cultural changes lie ahead for supply chain management. The supply chain software industry is in a considerable state of flux. as the advance of e-commerce continues, companies with an omnichannel approach are increasingly implementing specific order management systems. 29 | Checklist Freight Spend Management.

S&OP 60

Gartner releases new Supply Chain Planning Magic Quadrant

ToolsGroup

Gartner Research just released its new Magic Quadrant for Supply Chain Planning System of Record (SCP SOR). This Magic Quadrant analyzes SCP SORs (the foundational planning layer) that support the “integrate” maturity stage demand and supply planning (Stage 3 in Gartner’s five-stage maturity model). In essence, the SCP SOR helps to establish a single version of the truth for the supply chain plans, regardless of what the underlying ERP landscape looks like.”.

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.

5 Quick Solutions for Simplifying Supply Chains

Unleashed

Supply chains are becoming increasingly complex so simplifying them can be a complicated matter. In an attempt to get back to supply chain basics, companies need to scrutinise their processes, from procurement through to storage and shipping. Here are five quick solutions for simplifying supply chains: Clear the clutter. With the rapid rise in our ability to collect information, data saturation is everywhere. Simplify supply chain tracking.

Improving inventory management

EFT

It’s no secret that supply chains have struggled in recent months. Factory closures, blank sailings, massive cuts to air freight, reduced warehouse capacity and more have hit business-as-usual and often turned carefully calibrated chains on their head.

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. In a previous role, I was involved very early in what we deemed a ‘Supply Chain Performance Management’ software startup. See Oracle’s PaaS for SaaS data integration cloud for more information.

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.

Supply Chain 4.0: The Supply Chain of the Future

Enterra Insights

the name given to the Fourth Industrial Revolution involving robotics and artificial intelligence (AI), must be supported by Supply Chain 4.0. But what does Supply Chain 4.0 Jennifer Overstreet, Director of Digital Content at the National Retail Federation, reports Li & Fung, CEO Spencer Fung, told participants at a 2018 NRF conference, “The supply chain will become faster, digital and more innovative. Supply chain 4.0 Big Data.

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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). For the past 30 years I have been involved with multiple efforts to build a set of supply chain metrics and have learned a few things along the way. 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.

COVID-19 Lesson: Make Your Supply Chain More Resilient

Logistics Bureau

Until the Coronavirus began wreaking its havoc, global companies could run their supply chains on the assumption that disruptions would be rare and short-lived, and that products should be sourced, produced, and distributed at the cheapest locations to be found, wherever in the world that may be. Now’s the Time to Revisit Your Supply Chain’s Design. Five Ways to Improve your Supply Chain’s Resilience. 3) Shorten Your Supply Chain—Source Locally.

Lean 55

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.

Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Yet often the Supply Chain is undervalued. Why is Supply Chain often undervalued? Pressures for Cost Reduction in Supply Chain.

Supply Chain Wars: Episode IV – A New Hope

Logility

I guess it was just a matter of time until my love of Star Wars met my love of supply chain management. So what is continuous planning and why is it the ultimate new supply chain weapon? Continuous planning is the ability to use near real-time information from your extended supply chain to modify demand, replenishment, supply, purchasing, manufacturing, inventory deployment and distribution plans. Supply Planning

Supply Chain Movement 15 – IT

Supply Chain Movement

Contents Supply Chain Movement 15 – 2014 Q4. Snapshots International Supply Chain Summit Istanbul. Updated Supply Chain Map of Europe: Slight shift in European networks. At the start of this century the family-owned company came close to bankruptcy, but a successful transition from a product-focused to marketing-focused approach managed to turn the tide again within the space of a few years. 22 | Management: IT in the supply chain.

The Supply Chain Detective™! In Search of Broken Supply Chain Clues!

Supply Chain Game Changer

How can you tell if your Supply Chain is broken? But before the situation gets to those extremes what are the clues that your Supply Chain is not working as well as it could, or should? Supply Chain effectiveness is absolutely critical for companies in most industries to survive, let alone succeed. That makes Supply Chain a very important part of a company. But how do you know if your Supply Chain is performing well?

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

Logility

Last week we shared five capabilities to help take the Food & Beverage supply chain to the next level. Today, we continue this conversation and look at six must have capabilities that drive supply chain improvement for F&B manufacturers. Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution and ensure confidence in company projections. Advanced Inventory Management.

50 expert tips on supply chain management

6 River Systems

The COVID-19 pandemic caused unprecedented global supply chain disruptions, impacting the flow of parts and finished goods around the world. At the same time, supply chain disruptions resulted in shortages of vital parts and components, and retailers such as grocery stores faced challenges keeping items like toilet paper, hand soap and sanitizer and disinfecting wipes on their shelves. Build flexible supply networks to minimize the risk of disruption.

Global Trends In Digital Supply Chain - 2019 Review

Abivin

The landscape of supply chain management is under evolvement as it is the answer to recent development in this industry. Therefore, 2019 was a challenging year for businesses to improve their supply chain, as they try to keep up with technology evolution pace. Autonomous mobile robots The trend of autonomous mobile robots (AMR) are changing the supply chain industry even though it has not been this much widespread in the past.

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

Technologies Reshaping the Global Digital Supply Chain! Imagine what the future will look like in Supply Chain! There are articles which describe what the future of Supply Chain will be like in 2020, 0r 2025, or even 2030. The technologies that we are familiar with today, whether they are already in use in our companies, aspirational capabilities or part of some far reaching strategy, provide the platform for the Supply Chain of the future.

Supply chain software demands continual attention

Supply Chain Movement

that’s the same length of time that many larger companies need to develop and globally implement new supply chain software. PepsiCo, ASmL and Agrifac are all investing in supply chain software at different levels. Supply chain software can be categorised into three different types. The ‘systems of differentiation’ comprise solutions which give companies a competitive edge in their markets, such as forecasting, planning or advanced warehouse management.

Welcome 2019

Supply Chain Shaman

Bear markets drive heightened interest in supply chain management. These supply chain groups are more global and diverse. Gradually companies realize that the supply chain is a capability, not a function. The evolution of leaders is challenging the mental models of the supply chain. Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities.

Robust and continuously updated Master Data: A key ingredient for successful supply chain digital transformation

o9 Solutions

At many of these companies, CXOs have asked their teams to accelerate supply chain related digital transformation initiatives. The COVID-19 crisis has exposed significant weaknesses in how organizations run their value chains today. The biggest challenge has been lack of supply chain visibility. Many companies struggle to have one comprehensive view on all of their capacities, constraints, inventory and alternatives across the network.

Global Trends In Digital Supply Chain - 2019 Review

Abivin

The landscape of supply chain management is under evolvement as it is the answer to recent development in this industry. Therefore, 2019 was a challenging year for businesses to improve their supply chain, as they try to keep up with technology evolution pace. Autonomous mobile robots The trend of autonomous mobile robots (AMR) are changing the supply chain industry even though it has not been this much widespread in the past.