SCMDOJO

JULY 3, 2023

Whether you’re an aspiring procurement enthusiast or a seasoned professional aiming to advance your career, investing in procurement training and procurement training courses can be a game-changer. The fantastic employment options that procurement training opens up are among the most convincing arguments for doing so.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

With its ability to derive insights from vast amounts of data and derive insights, generative AI has emerged as a valuable tool to optimize supply chain operations. It can then generate new content using prompts that resemble the original training data. Generative AI is all about scale.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

SYSPRO Smarter ERP

MARCH 28, 2024

Data-driven decision making is the process of collecting the data that a company uses, and transforming it into actionable insights. Using data to find patterns, inferences, and insights ensures that your company goals and plans are based on evidence and that decisions made are balanced and objective.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 52

Logility

MARCH 14, 2023

It’s no longer considered magic because we now have advanced analytics systems that harness and organize massive amounts of disparate data and model that big data in ways that allow humans to be proactive and make informed decisions. How can big data lead to supply chain optimization? Sound familiar?

Predictive Analytics 130

Predictive Analytics Predictive Analytics Software Analytics Software Big Data 130

Supply Chain Shaman

FEBRUARY 16, 2024

Graph technology leverages graph structures to represent and store data. Let’s start here: Data Analysis. We are not listening to what data has to tell us. In today’s processes, we move data into jails (relational databases) and then run optimizers. Improve Sensing with Market Data. Test and Learn.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 374

SYSPRO Smarter ERP

JULY 3, 2023

What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. Nine areas where AI can help manufacturers There are several ways in which data and AI can be applied in the manufacturing industry. The Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

ShipBob

DECEMBER 28, 2022

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

ivalua

FEBRUARY 4, 2020

North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”. The report contains some great illustrations of the current state of Data governance across the organizations that were surveyed, with a specific focus on the supply chain.

Data 130

Data Analytics Software Optimal Sourcing Supply Chain Software 130

Enterra Insights

MAY 6, 2021

In the area of big data, geological features are often used to depict the enormity of the data involved. ” Alexandrov and Vesselinov write, “A seemingly bottomless ocean of ‘big data’ has flooded our world. The features that SmartTensors extracts are explainable and understandable chunks of data.”

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

Supply Chain Shaman

FEBRUARY 26, 2024

In today’s training class, we focused on determining the balanced scorecard. Most supply chain planning deployments cannot use channel data because the model is a “Ship from model” not a “Ship to engine.” Most of the models are supply-centric with no place to put channel data. What defines maturity?

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

Supply Chain Shaman

SEPTEMBER 13, 2023

Testing Of Outside-in Processes Using channel and market data and the redefinition of demand planning from time-phased data to flow decreases the FVA by 10%, removes bias, and decreases the bullwhip by at least 50%. The data encapsulated in Table 1 represents two years of testing with APS providers. Go to the source.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Kinaxis

DECEMBER 12, 2014

Reason #7 Making decisions based on bad data (supply chain data accuracy). Reason #10: Failure to adequately train your supply chain planning staff. It might be a programmatic error but more likely it is caused by bad data. Don’t want training and aren’t interested in learning. Do you do it?

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Planning Training Price Mitigation Strategies 240

Supply Chain Trend

OCTOBER 11, 2022

Asymmetry of Data Ownership. In Pierre Pinson’s article “To Share or Not to Share: The Future of Collaborative Forecasting,” the comparison between data and big oil is striking. Just like oil, data is not evenly distributed among geographies and owners. The retailer monetizes that data. DATA SUPPLIERS.

Forecasting 88

Forecasting Data Manufacturing Procurement Forecasting Software 88

Supply Chain Shaman

SEPTEMBER 22, 2022

Instead, I think we should build outside-in planning processes to better use real-time and market data and build effective networks. The problem is the lack of trained planners.) Yes, the supply chain is awash with real-time data. Using real-time data is an opportunity for planning. Real-time Planning.

Supply Chain Planning Software 405

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 405

Supply Chain Shaman

APRIL 18, 2023

To side-step this issue, build planning processes to use market data. Abandon the processes focused on multiple layers of meetings to improve collaboration of organizations that are not aligned, but focused on transactional data. A planning master data layer measures and tracks shifts in lead times, conversion rates, and quality.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Logistics Viewpoints

FEBRUARY 17, 2021

Machine learning is so powerful because it can ingest large amounts of shipment data and automatically determine which attributes have an impact in a given situation. IoT technology is making visibility data more robust and readily available. Why Machine Learning is Going Mainstream. Other Notable Logistics Trends. — Derek H.

Logistics Network Optimization Software 339

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Planning Software Modeling Software 339

crisp

JUNE 29, 2022

NotCo’s head of strategy and planning uses Crisp data keep operations on track during hypergrowth and align the company around a clear path to success. His analysis covers buyer presentations, R&D, volume forecasting, and data for marketing. “You don’t need to be a data person to use Crisp. Same taste, but plant-based.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Data 98

EC Sourcing Group

JULY 13, 2021

How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. While optimization does rely heavily on procurement sourcing software , there are other ways to optimize the procurement management process. Expand your networks.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Network Software 52

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. Soon we will do more training.

Supply Chain Risk Management 223

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

Procurement Academy

MARCH 14, 2024

By investing in training programs that directly impact employee needs and business outcomes, you can ensure that your budget allocation contributes to the overall growth and success of your company. By providing targeted training and development opportunities, you can future-proof your organization and foster a culture of continuous learning.

Buyer Training 96

Buyer Training Material Savings Resource Reduction Price Mitigation Strategies 96

BlueYonder

APRIL 24, 2023

One of those urgent challenges is optimal data management — and few people are more qualified to discuss this topic than Frank Slootman, Chairman and CEO of Snowflake , along with Duncan Angove, CEO of Blue Yonder, the leader in end-to-end supply chain management who will share the keynote stage at the event on May 3.

Optimal Sourcing 71

Optimal Sourcing Modeling Optimization Software Supply Chain Optimization 71

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

Supply Chain Movement

MAY 17, 2023

Since as far back as the 1970s, the concept of dual sourcing has been regarded as a very robust supply chain solution; very high reliability can be achieved with only limited back-up. According to the dual-sourcing theory, customers who have multiple suppliers should suffer less impact. One way is to add a second supplier.

Sourcing Strategies 144

Sourcing Strategies Modeling India Supply Chain Design 144

Intelligent Audit

OCTOBER 27, 2022

In 2008, Dr. Raymond Panko published a paper detailing examples of human error in data entry. When manually entering data into a spreadsheet, the probability of human error was 18-40%. One solution is to turn to big shipping data. That’s why it’s critical to have an audit partner who can ingest data across all systems.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Logistics Viewpoints

MAY 23, 2022

The devices will improve visibility by transmitting data on a real-time basis from each container. Tracking devices from Nexxiot and ORBCOMM are being installed that will provide location data based on GPS, measure temperature, and monitor any sudden shocks to the container. It has so many data points.”.

Rail Software 216

Rail Software Supply Chain Visibility Real-time Visibility Supply Chain Planning Software 216

Procurement Academy

JANUARY 25, 2021

Employees who are well informed and have access to training materials are typically happier and perform better when required. It provides role-based training to the retail organization’s workforce and helps them to broaden their knowledge. Their skills and knowledge are an important concern. I n Conclusion.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Training 52

Supply Chain Shaman

SEPTEMBER 30, 2022

The term is a spin-off of the “Big Data” work from the open source innovation of the last decade. Ironically, supply chains are big data problems where the buyers have little understanding of the new technology approaches. This is even though the penguins are starving and the only food source is in the water.

Manufacturing Procurement 217

Manufacturing Procurement Supply Chain Software Buyer Training Analytics Software 217

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

However, measures such as alternative factories, dual sourcing and more generous safety stocks go against the well-versed philosophy of lean supply chains that has prevailed in recent decades,” he says. Multi-Sourcing. VDW also reduces the training burden, since most of it is provided through the headset in real time.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246

Kinaxis

MARCH 19, 2019

by Richard Cushing In part one of my inventory management best practices series I argue that inventory cannot be managed until it is controlled, and present the notion our general willingness to apportion blame upon unreliable data from enterprise resource planning (ERP) systems is misplaced. Training, reducing latency and identifying errors.

Inventory Management Software 245

Inventory Management Software Inventory Management Inventory Reduction Inventory 245

Enterra Insights

JANUARY 18, 2024

He states, “Data has been viewed as a trustworthy and unbiased way to make smart decisions. As we tackle the rise of AI-generated data, organizations will need to spend time and oversight validating the data or risk hallucinated results.”[3] ” AI Regulation.

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

OptiProERP

JULY 19, 2023

With the vast amounts of data generated by the industrial Internet of Things (IoT) and smart factories, AI solutions have emerged as powerful tools for analyzing and utilizing this data effectively. Manufacturers can improve failure prediction and maintenance planning by applying AI algorithms to production data.

Optimal Sourcing 52

Optimal Sourcing Predictive Analytics Software Optimization Software Forecasting Software 52

Logistics Viewpoints

AUGUST 16, 2022

As technology improved, the data and insights I collected from daily training optimized my performance. The more I analyzed and integrated this data into my training regimen, the better I began to understand how sensitive each individual aspect of my lifestyle was and how information delivered key indications of my fitness.

Optimal Sourcing 163

Optimal Sourcing Company Price Mitigation Strategies Logistics Network Optimization Software 163

BlueYonder

MARCH 11, 2024

Personalization should go beyond just data-driven recommendations; it should encompass an understanding of the customer as an individual with unique preferences and emotions. Empowering Employee Empathy When Equipping Them With Tech Comprehensive training for store associates is critical in navigating the balance between tech and touch.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Retail 78

Supply Chain Shaman

OCTOBER 5, 2021

A guy by the name of Gary trained me. Data surrounds the supply chain, but it cannot be used because it is disparate. No company that I work with knows how to use point of sale data to mitigate the bullwhip impact and decrease demand latency. Let’s Start With a Discussion on Inventory.

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 256

BlueYonder

SEPTEMBER 18, 2023

In this blog, we dive into the emerging generative AI threat landscape and the steps organizations can take to securely adopt these tools, focusing specifically on areas of data and system security. Developers are extensively trained on these, and robust auditing tools are integrated into CI/CD pipelines.

Modeling Software 106

Modeling Software Supply Chain Design Software Predictive Analytics Software Supply Chain Network Software 106

DELMIA Quintiq

OCTOBER 11, 2021

Increased Visibility: Integrating different people and data in one place in a modular system to achieve complete visibility to coordinate all the components and stakeholders throughout the product lifecycle. The result?

Sourcing Strategies 296

Sourcing Strategies Waste Reduction Resource Reduction Price Reduction 296

ToolsGroup

JUNE 29, 2020

Adding to this already uphill battle, we don’t have trustworthy new product forecasting methods because forecasting new products with no sales data is very hit-and-miss. That the quality (and quantity) of input data is correlated with the quality of results. What to expect from machine learning. Overall reasonably accurate forecasts.

Forecasting 428

Forecasting Forecasting Software Supply Chain Planning Software Modeling Software 428