Logility

MARCH 21, 2024

Myth 2: Generative AI is unable to keep your data private One of our top concerns is that clients have complete confidence that their data is safe and secure. It can learn faster than humans and is trained to process and analyze huge amounts of information based on training data, algorithms, and statistical models.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

The Logistics of Logistics

JULY 14, 2023

Faced with the challenge of limited data availability, he co-founded Vizion, an API-first solution empowering cargo owners, freight forwarders, and software providers to achieve true supply chain visibility by tracking ocean freight in near real-time. With data refreshed multiple times daily, latency is reduced to 6 hours or less.

Container Tracking 195

Container Tracking Rail Software Real-time Visibility Supply Chain Design Software 195

ShipBob

OCTOBER 1, 2021

This question is at the heart of any lean supply chain strategy. By implementing the right process improvements, technology, and efficiency optimizations, merchants can create a lean supply chain that: Significantly cuts their logistics costs. What is a lean supply chain? Why retailers are creating lean supply chains.

Agile and Lean Supply Chain 52

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

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

GlobalTranz

FEBRUARY 17, 2016

Understand Data Integrity to Reduce Inventory Costs. First, data integrity is vital. If you do this with discipline daily, your computer system will output accurate data. If not, all data output is suspect. More efficient and actionable data can reduce the costs of managing inventory. . Source: [link].

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

GlobalTranz

APRIL 20, 2021

By contrast, supply chains that are too lean may not have enough flexibility and redundancy to survive unscathed. A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Utilize a TMS That provides real-time data to remain agile.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 288

GlobalTranz

JANUARY 10, 2017

Consequently, all processes, including inventory management, logistics, data analytics and ongoing performance management, as reiterated by the staff of Supply Chain 24/7, improvement, can be optimized, creating a more efficient, direct and intelligent supply chain network. Agile = The New Lean.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. The average cost of a data breach reached $3.86

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

SCMDOJO

APRIL 29, 2024

We’ll also delve into the importance of technology and data analytics in optimizing supply chain operations. From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey.

Supply Chain Planning Software 54

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 54

RFgen

MAY 16, 2023

That’s why most inventory handlers leverage data. The role of data analytics in optimizing inventory management processes has become increasingly important. This rising importance reinforces the need for high-quality data capture. But your analytics is only as good as the underlying data. Enter automated data collection.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

LevaData

JULY 9, 2019

For the past 20 years, businesses have been weathering what could be described as a “data explosion.” This explosion has rippled through supply chain and sourcing as access to useable data sources has increased. This data has the potential to revolutionize the way sourcing is conducted.

Supply and Demand 40

Supply and Demand Optimal Sourcing Sourcing Prescriptive Analytics Software 40

DELMIA Quintiq

JULY 31, 2023

Source: Deloitte – Consumer sustainability tops the innovation agenda The effective implementation of sustainability goals on emissions, circularity, waste reduction and the recyclability of materials requires a transformation of company operations spanning the entire supply chain—of which digital transformation is a key part.

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

AIMMS

FEBRUARY 13, 2018

S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. I n many cases, organizations haven’t succeeded in making the organizational changes required to become data-driven. Source: CSCMP.

Analytics Software 250

Analytics Software Predictive Analytics Network Optimization Software Optimal Sourcing 250

Logistics Viewpoints

OCTOBER 10, 2022

Implementing the solution involved cleaning up master data and mapping their complete global supply chain. Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. The implementation was not trivial.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. More Data Has Not Resulted In Improved Results. Let’s take a closer look at sourcing. The gaps create waste. Why ERP Is Not Sufficient.

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

Logistics Viewpoints

AUGUST 11, 2022

Even if your transportation management system ( TMS ) is ingesting carrier EDI information directly, the data you receive is often hours after that fact, leaving you to “best-guess” actual delivery times. It collects and stores data from a variety of sources. Customer satisfaction suffers. Rely on Professional Assistance.

Supply Chain Planning Software 232

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software Supply Chain Network Software 232

Elementum

DECEMBER 14, 2023

Across industries, companies are embracing AI-powered tools to optimize workflows, reduce human error, and make data-driven decisions. Additionally, AI can analyze large volumes of data to identify patterns, trends, and insights that can inform better decision-making and drive business growth.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

ModusLink Corporation

APRIL 22, 2024

Continuous improvement initiatives driven by data analytics and feedback mechanisms. Cost-saving initiatives such as lean manufacturing and waste reduction strategies. Environmental Sustainability Initiatives: Commitment to sustainable practices and ethical sourcing throughout the supply chain.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

ivalua

FEBRUARY 27, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings. Doug has a B.S.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 130

Unleashed

APRIL 18, 2024

Just-in-time and lean manufacturing Just-in-time manufacturing and lean manufacturing are two pivotal strategies implemented in modern production processes, which focus on manufacturing efficiency and waste reduction. Lean manufacturing and just-in-time systems work well together, as both strive to attain maximum efficiency gains.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

Logistics Viewpoints

JANUARY 26, 2021

While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. The COVID-19 pandemic has only confirmed what we already knew: modern supply chains must be built on a foundation of extreme agility and responsiveness.

Agile and Lean Supply Chain 268

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 268

USC Consulting Group

APRIL 9, 2021

However, operational data in itself isn’t always useful in its raw state. Organizations typically need to take additional steps to make their system data informative and actionable. This is where data mining comes in. What is Data Mining? How Does Data Mining Work?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 52

QAD

MAY 7, 2020

The desire is to create flexible sourcing and connected supply chain networks that effectively respond to customers’ issues and expectations. Reevaluate Lean Inventory. Lean manufacturing has revolutionized production and supply chain operations over the years, resulting in business benefits and the elimination of waste.

Agile and Lean Supply Chain 113

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply and Demand 113

SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs.

Six Sigma 75

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 75

SCMDOJO

MARCH 19, 2024

Data-Driven Decisions The structure provides a framework for collecting and analyzing data across the supply chain. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Analyzes data to predict future inventory requirements and avoid stockouts.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

OCTOBER 12, 2017

“ DDMRP A Repackaging of Lean and JIT from Shaun Snapp . The Lokad approach assumes that demand data is not a normal distribution. Skewed demand data is the new normal.) The company uses a schema on read approach to assemble data based on patterns and apply probabilistic forecasting techniques to drive better outcomes.

Supply Chain Planning Software 291

Supply Chain Planning Software Forecasting Software Demand Planning Software Supply Chain Software 291

AIMMS

FEBRUARY 13, 2018

S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. I n many cases, organizations haven’t succeeded in making the organizational changes required to become data-driven. Source: CSCMP.

Analytics Software 156

Analytics Software Predictive Analytics Network Optimization Software Supply Chain Planning Software 156

Pivot88

AUGUST 19, 2019

Data has never really been a part of that equation. Source: IoT for All). Source: Wikipedia). Machine Learning (or ML) is a current application of AI based around the idea that we should really just be able to give machines access to data and let them learn for themselves. Source: Forbes). Source: Forbes).

Predictive Analytics 68

Predictive Analytics Data Manufacturing Procurement Supply Chain Design Software 68

QAD

MARCH 23, 2023

Companies are sourcing ingredients and components from different sources, have new logistics and supply partners, and are likely even serving a different end customer with new ideas about how they like to shop and what matters most to them.

Manufacturing Procurement 94

Manufacturing Procurement Manufacturing Agile and Lean Supply Chain Purchasing Skills 94

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. The digitization of supply chain processes, the use of big data analytics, and the emergence of technologies like blockchain and artificial intelligence have revolutionized supply chain operations.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

SYSPRO Smarter ERP

JUNE 28, 2023

Providing better visibility of business operations One of the challenges facing small businesses, unsurprisingly, is small, lean teams in which one person may manage multiple business responsibilities. Data-driven insights and analytics Real-time access to data is key for manufacturing and distribution businesses to remain competitive.

Analytics Software 98

Analytics Software Supply Chain Planning Software Vendor Strategies Inventory Management Software 98

Requis

MAY 22, 2020

He is a consultant to Fortune 500 companies and US federal agencies, and a speaker with focus on the fields of strategic sourcing, supply market intelligence, and supplier development. To do something similar, it’s really about changing the mindset, because you don’t necessarily need all the data. The next step is to look at the data.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

Logility

MARCH 31, 2023

This practice is also applied when leaning into resilience and agility to be more proactive and better prepared. Such success includes overcoming supply scarcities and rising costs, optimizing trade-offs between sourcing options, flexing distribution networks, and maximizing service and product availability while minimizing delivery costs.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Prescriptive Analytics Software Agile and Lean Supply Chain 130

SYSPRO Smarter ERP

NOVEMBER 14, 2022

Some have turned to buying in bulk, leaning on the opinion that costs will continue to rise. This saves users millions in operational costs and helps build a stable, sustainable supply source. In an age where volatility is the norm, this data is key to effective risk-management planning. Entering the digital economy.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 116

SCMDOJO

APRIL 4, 2023

By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. When it comes to managing a supply chain, having access to real-time data can be a game-changer.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Even with this visibility, finding the balance between customer satisfaction and achieving sustainability, poses a great challenge when data and processes are siloed. A connected supply chain breaks down data silos and consolidates data, plans and processes into one central platform. Building a connected supply chain.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

QAD

MARCH 9, 2023

Continual disruption is now the new normal, and it’s weighing on profitability and making it difficult for many companies to maintain lean, agile operations. Manufacturers had the flexibility to search for the lowest possible cost unit and could afford to run lean supply chains. How Have Global Supply Chains Changed Since the Pandemic?

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 93