Silvon Software

APRIL 18, 2024

This underscores the need for a unified approach to data management that transcends traditional departmental barriers, incorporating advanced technologies such as artificial intelligence (AI) and advanced analytics. This reduces the need for manual mapping of data fields, which can be error-prone and time-consuming.

Manufacturing Procurement 58

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 58

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

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

Logility

JUNE 15, 2021

Demand signals can originate from internal and external sources such as point of sale (POS), demand signal repositories (DSRs), competitive data, or syndicated data sources like weather patterns to identify demand trends. Advanced inventory management. Supply chain data management.

Supply and Demand 147

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

SYSPRO Smarter ERP

DECEMBER 11, 2023

Many renewable energy organizations are missing out on the benefits of ERP software that would allow them to tackle the challenges of data management, improve process efficiency across the organization, and manage projects more effectively. It also provides a high level of security and privacy that regulations require.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

Logility

AUGUST 12, 2021

But there is good news: a convergence of process, data, and technology provides the real-time and predictive visibility needed to optimize supply chain planning, ensuring food manufacturers can build resilience now and for the future. Advanced Inventory Management. Preparing for Market-Driven Demand.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Logility

OCTOBER 25, 2022

For example, more than half of today’s companies say they have poor visibility into their supply chain, and 63% say they have no technology to monitor their supply chain performance, therefore those businesses that embrace a digital supply chain management platform will leap over their competition. . Procurement. Now let’s look at ML.

Supply Chain Software 130

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 130

OptiProERP

JUNE 17, 2019

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.

Real-time Visibility 66

Real-time Visibility Inventory Reduction Optimal Sourcing Supply Chain Planning Software 66

Logility

JULY 14, 2022

based furniture manufacturing company who needed support rightsizing its inventory across its global supply chain network and reducing safety stock. Logility won for its work with a large U.S.-based supply chains.” says Marina Mayer, Editor-in-Chief of Supply & Demand Chain Executive and Food Logistics. and L.I.N.K.

Logility 173

Logility Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 173

Supply Chain Matters

DECEMBER 28, 2023

Overview In short, B2B Supply Chain Business Networks are Cloud based platforms designed to achieve end-to-end supply chain data visibility and business process decision-making synchronization. An evolving new area is in the monitoring and tracking of ESG focused data and conformance needs.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 59

Unleashed

JUNE 23, 2021

It’s seen businesses adapting rapidly, with technology playing a key role in giving managers the flexibility and efficiency to thrive. Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. 10 inventory management for 2022: 1.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

ToolsGroup

APRIL 11, 2018

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). It managed local inventories fed by regional warehouses and factory warehouses (See Figure 1 below). Figure 1 Source: SKF. Figure 2 Source: SKF. Inventory planning was local. Inventories themselves were often local.

Supply Chain Planning Software 222

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

Logility

OCTOBER 21, 2021

Businesses with visibility into all tiers of their supply chain have the ability to identify when their suppliers source material from such an area to avoid these types of detainments more effectively. They don’t necessarily have visibility of the fabric mill, the yarn spinner, or the cotton source for their imports.

Optimal Sourcing 209

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 209

Logility

SEPTEMBER 17, 2021

Through the intelligent use of technology, organizations can meet these goals and reduce the environmental impact of their supply chains to improve environmental stewardship, reduce damage to the planet, and ensure that sourcing is done sustainably. GSCM can best be accomplished through the use of technology. Efficiently Use Raw Materials

Waste Reduction 130

Waste Reduction Supply and Demand Material Savings Supply Chain Planning Software 130

Supply Chain Game Changer

JANUARY 5, 2021

Featuring Our 12 Best Procurement Articles! Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For others it is tightly managed, actioned and used to determine Procurement’s effectiveness in either reducing losses or generating profit. Inventory levels.

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

Elementum

FEBRUARY 7, 2024

Inventory Management: Precision and Efficiency through Automation AI and ML transform inventory management by predicting stock levels, automating reorder processes, and optimizing warehouse organization. This foundational step increases the reliability of AI-driven decisions by minimizing manual data cleansing efforts.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Logility

AUGUST 23, 2021

To ensure long-term growth and protect customer loyalty, businesses need to strive for the automation of supply chain planning – from anticipating emerging demand and optimizing manufacturing capacity to adjusting inventory allocations, minimizing costs, and increasing efficiency when required. Optimizing Inventory Across Supply Chain Tiers.

Supply Chain Software 130

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

Supply Chain Matters

APRIL 4, 2024

The report further indicated that Anthropic has committed to spend upwards of $4 billion on Amazon’s various Cloud infrastructure, data management software applications or custom graphics processor chips over the next five years. No financial details were disclosed in the announcement. All rights reserved.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Vinculum

JULY 11, 2022

Companies in 2022 are interested in maximizing the value of owned data by seamlessly extracting insight and hidden value. It’s all possible with Master Data Management (MDM). What does Master Data Management (MDM) Mean? . Master Data Management transforms how you organize data for your business.

Data Management 52

Data Management Inventory Management Software Data Sourcing Strategies 52

Oracle SCM

AUGUST 1, 2018

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. Optimal inventory management using data from point of sale systems, in store inventory updates, in transit inventory and VMI on hand at supplier warehouses.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

o9 Solutions

FEBRUARY 27, 2020

Accurate Inventory visibility across outsourced network. Automated planning master data management. Network Modeling – Sourcing Rules, Lead Times, Resource and Material Constraints. Excess Inventory & Under Utilized Capacity Analysis -> Demand Shaping. Solutions Supply Chain Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

ShipBob

AUGUST 24, 2023

Moreover, there may be raw material shortages that will then result in supply chain bottlenecks as businesses are unable to procure inventory to keep up with demand. That means companies will need to appropriately adjust their production and procurement so as to avoid excess stock and piling up surplus inventory.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing SCM 52

DynaSys

MARCH 17, 2020

In the end, ST still managed to exceed its profit goals and achieve revenue objectives adjusted for new market realities. Scenario planning at this level, like all aspects of supply chain planning, requires an exponentially growing volume of data from an expanding range of sources. Scenario Planning: Absolutely Critical.

Supply Chain Planning Software 93

Supply Chain Planning Software Scenario Planning Modeling Analytics Software 93

Logility

MARCH 29, 2018

Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution and ensure confidence in company projections. Advanced Inventory Management. Inventory is one of the most visible supply chain expenses and is a line on the Balance Sheet under current assets.

Beverage 100

Beverage Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 100

ThroughPut

DECEMBER 4, 2022

Demand-driven replenishment and fulfillment can help retail planners manage large SKUs, determining each sales location and its optimal inventory targets. Wastage caused due to perishable goods : Supermarkets inventory consists of fresh fruits, vegetables, dairy, and meat products, which come with short shelf lives.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Silvon Software

APRIL 11, 2024

Here we outline a blueprint for developing an effective data analytics strategy, beginning with the careful selection and assessment of Key Performance Indicators (KPIs), the adoption of a centralized data hub to streamline data management, and a thoughtful, gradual expansion of data capabilities tailored to the organization’s strategic needs.

Predictive Analytics 83

Predictive Analytics Analytics Software Analytics Sourcing Strategies 83

Silvon Software

SEPTEMBER 28, 2023

Silvon has noticed over the past several years that a shift towards a modern data hub architecture to support enterprise analytics and reporting has been driven by a number of key business drivers. Once integrated, the data is made “analytics ready” and securely available to users.

Procurement Analytics 94

Procurement Analytics Report Data Optimal Sourcing 94

ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. The main benefits of accurate demand forecasts are: 1.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Silvon Software

AUGUST 8, 2022

First, most companies are swimming in large volumes of data stored in diverse systems and databases. Supply chains also have the added complexity of numerous other data sources being generated from extended partners in outsourcing, logistics, and distribution. Drive actionable insights across multiple business processes.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

Intelligent Audit

AUGUST 16, 2021

That means increased activity will inevitably lead to greater demands on the industry; without a single source of truth for transportation data, finding shipping capacity will be difficult at best. Rising Rates Will Increase Need for Strategic Transportation Procurement. That’s an integral part of any data analytics strategy.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Supply Chain Software Material Savings 52

Silvon Software

APRIL 18, 2023

Consider the example of inventory: The CFO wants to see total inventory as a percentage of revenue. Procurement knows how long it takes to process a purchase order. As a result, the company doesn’t have inventory to satisfy the heightened demand, resulting in stockouts and unhappy customers.

Inventory Reduction 63

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 63

Logistics Bureau

MARCH 30, 2020

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. 3) Shorten Your Supply Chain—Source Locally.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Agile and Lean Supply Chain 52

ThroughPut

SEPTEMBER 16, 2021

Perishable Goods: Supermarkets inventory consists of fresh fruits, vegetables, dairy, and meat products, which come with short shelf lives. With challenges of lower display space and physical inventory management limitations, traditional stores struggle with the challenges that are absent in online delivery systems.

Forecasting 52

Forecasting Modeling Forecasting Software Demand Planning Software 52

Supply Chain Shaman

NOVEMBER 27, 2016

Suitable and instrumental for contract management and supply chain finance? Could we use Open Source Hadoop to process transactions across all networks with powerful in-memory processing? Master data management and standards are the bane of B2B connectivity. Data today does not move at the speed of business.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Trends Prescriptive Analytics Software 150

Logility

FEBRUARY 20, 2012

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. Related Content.

Optimal Sourcing 100

Optimal Sourcing Material Savings Inventory Reduction Expense Reduction 100

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. Automate elements of your supply chain for better data. Develop alternative sources and diversify value chains. Others are increasing communication with suppliers to better understand financial health.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

o9 Solutions

MAY 22, 2020

Many companies struggle to have one comprehensive view on all of their capacities, constraints, inventory and alternatives across the network. Connect real-time data, with smart analytics to update master data Organizations are increasingly investing in IoT capabilities that can provide real-time information from the supply chain network.

Supply Chain Planning Software 98

Supply Chain Planning Software Analytics Software Forecasting Software Supply Chain Planning 98