Supply Chain View from the Field

DECEMBER 14, 2013

In this first of a series of blogs, I will be exploring many of the key themes that emerged in the recent Future of Procurement study I co-authored with KPMG’s Procurement Advisory Council. The first of the themes we will explore is the procurement manager’s role as a support to the Chief Financial Officer.

Optimal Sourcing 74

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 74

Supply Chain Shaman

JUNE 21, 2023

Almost two decades of reporting. For example, the Gartner Top 25 celebrates the accomplishments of Intel (active with Gartner), but in the analysis in Table 1, Nvidia Corporation and Taiwan Semiconductor (TSMC) clearly outperform Intel in the Semiconductor Industry. The analysis is now in its ninetieth year.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

ThroughPut

FEBRUARY 14, 2024

Those disciplines include decision management (including advanced nondeterministic techniques such as agent-based systems) and decision support as well as techniques such as descriptive, diagnostics and predictive analytics.” Let’s take the example of an Aerospace sensor company.

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Supply chain management is increasingly making an impact on the overall functioning of the business and influencing C-suite decisions.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Supply Chain Shaman

SEPTEMBER 24, 2018

They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets. Sadly, only 7% of companies test before purchase. ” There is a belief that the purchase from an ERP solution provider improves integration.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 228

Supply Chain Shaman

NOVEMBER 24, 2020

In 1970, for example, there were 48.8 The decline in the purchase of services drives unemployment and the need for governmental stimulus. Spending will be very cyclical based on stimulus payment schedules and the business fundamentals of demand shift. In this period, historic order patterns are a poor proxy for market demand.

Supply and Demand 219

Supply and Demand Modeling Supply Chain Planning Supply Chain Design 219

ToolsGroup

JANUARY 8, 2019

The traditional approach is to employ algorithms that try to match past and future demand patterns. The simplest example is so-called “naïve forecasting”, as in “If we sold 120 units last month, then we will likely sell 120 units this month.” Enright adds that employing these data sources may require new solutions to model the demand.

Supply and Demand 149

Supply and Demand Modeling Demand Planning Software Forecasting 149

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I do believe in demand planning, but most companies overstate forecast improvements. Today’s demand management processes have many issues. Let’s take an example.

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

Supply Chain Shaman

MAY 30, 2017

I miss the days of Walter Cronkite reporting the news. As I facilitated the class and discussed the findings , the theme of data sharing and demand management was prevalent. Most companies have applied the regional practices of demand management to global teams. Let me give you an example. Too Few Facts.

San Francisco 152

San Francisco Supply Chain Planning Software Forecasting Software San Jose 152

Logility

MAY 2, 2021

But is using one-number forecasts too suspect given today’s growing availability, visibility, and use of big data, advanced analytics, and intelligent algorithms? This one shortcoming is perhaps one of the most obvious for this forecasting metric. The Complexity and Limitation of That One Number.

Forecasting 149

Forecasting Forecasting Software Procurement Analytics Prescriptive Analytics Software 149

Veridian Solutions

FEBRUARY 11, 2019

The remainder lies in understanding what demand sensing means for current supply chain and inventory management operations and how to utilize demand sensing best. Failures in the supply chain derive from problems in supply and demand management. Put the Power of Demand Sensing in Your Supply Chain to Work.

Supply and Demand 74

Supply and Demand Modeling Supply Chain Execution Demand Planning Software 74

ShipBob

SEPTEMBER 11, 2023

This setup feeds data from your online store, retail partnerships, and other customer-facing channels to the same backend platform that manages your inventory, sales data, customer relationships, analytics, and more. For example, let’s say you have one system tracking your online sales and another tracking retail sales.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Sourcing Strategies 52

Supply Chain Shaman

JULY 22, 2016

Learn to navigate the river of demand. Realize that, within the organization, the concept of demand as a flow is not well understood. There are many misconceptions that must be challenged: 1) Demand Management Is Forecasting. Client Example of Demand Management Across Time Horizons. Supply Chain 2030.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Shaman

APRIL 19, 2021

“We are considering the purchase of Blue Yonder, Logility, Kinaxis, o9, or OMP. My organization does not believe in demand planning. The lack of belief in demand management is a barrier for us. The larger the organization, the more you need clarity on a demand plan and a clear definition of supply chain excellence.

Supply Chain Planning Software 271

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 271

Material Handling & Logistics

OCTOBER 11, 2017

A few years ago I purchased a sofa from a well-known furniture store. Many companies try to overcome this problem using ERP systems, demand management tools and other advanced software. For example, to ship goods from China to the U.S. Long lead times are the cause of many of the problems that plague supply chains.

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Lean Inventory Reduction Price Reduction 83

Taulia

OCTOBER 17, 2022

These can generally be divided into three categories: Cash flows from operating activities represent the movement of money associated with the ordinary operations of a business – generating revenue and covering costs. The measurement of cash flow is key to efficient cash flow management. Key metrics for measuring cash flow include: 1.

Optimal Sourcing 81

Optimal Sourcing Expense Reduction Inventory Reduction Forecasting 81

EazyStock

OCTOBER 31, 2022

Demand planning has two main functions: determining the right inventory levels to meet demand and helping inventory managers with capacity planning to use space and resources most efficiently. Determining the right stock levels to meet demand is vital for customer satisfaction.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Modeling 52

EazyStock

OCTOBER 31, 2022

Demand planning has two main functions: working out the right inventory levels to meet demand and helping inventory managers with capacity planning to use space and resources most efficiently. Working out the right stock levels to meet demand is vital for customer satisfaction. Gather internal and external data.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Modeling 52

Supply Chain Game Changer

MARCH 13, 2019

The remainder lies in understanding what demand sensing means for current supply chain and inventory management operations and how to utilize demand sensing best. Failures in the supply chain derive from problems in supply and demand management. Put the Power of Demand Sensing in Your Supply Chain to Work.

Supply and Demand 51

Supply and Demand Modeling Demand Planning Software Optimal Sourcing 51

ThroughPut

JUNE 24, 2022

To guarantee results, supply chain managers need to be able to cut through this noise with a powerful tool to make use of this vast amount of data with targeted operational analytics to detect, quantify and rank the bottleneck operations building-up in business processes early on. 4) ACTIONABLE ANALYTICAL INSIGHTS.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Supply Chain Shaman

NOVEMBER 27, 2017

On Monday, November 27th, Logility announced the purchase of privately-held Halo Business Intelligence. Prior acquisitions include: Demand Management, (often termed Demand Solutions) supply chain planning for mid-market, 2004 for $9.5M It is a no-nonsense visual analytics capability for business users.

Logility 60

Logility Supply Chain Planning Software Supply Chain Design Software Analytics Software 60

BlueYonder

MAY 17, 2017

In parts 1 and 2 of this blog series, you learned about the role collaborative partnerships play in supply chain planning and execution with real-time visibility and predictive analytics and the benefits of the JDA and TransVoyant partnership. Moving from Traditional Demand Management to Demand Sensing Activities.

Real-time Visibility 44

Real-time Visibility Sourcing Strategies Material Savings Cost Reduction Strategies 44

Unleashed

OCTOBER 5, 2023

It involves tasks like enhancing warehouse layouts, arranging inventory within the warehouse, managing personnel and equipment, and ensuring efficient order picking and packing. There are often features that crossover between warehouse management software and stock management software. Bureau of Labor Statistics , 4.4%

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

BlueYonder

MAY 17, 2017

In parts 1 and 2 of this blog series, you learned about the role collaborative partnerships play in supply chain planning and execution with real-time visibility and predictive analytics and the benefits of the JDA and TransVoyant partnership. Moving from Traditional Demand Management to Demand Sensing Activities.

Sourcing Strategies 40

Sourcing Strategies Real-time Visibility Material Savings Cost Reduction Strategies 40

ThroughPut

JANUARY 23, 2020

To guarantee results, supply chain managers need to be able to cut through this noise with a powerful tool to make use of this vast amount of data with targeted operational analytics to detect, quantify and rank the bottlenecks building-up in business processes early on. 2) Inventory and Demand Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52

ThroughPut

JANUARY 23, 2020

To guarantee results, supply chain managers need to be able to cut through this noise with a powerful tool to make use of this vast amount of data with targeted operational analytics to detect, quantify and rank the bottlenecks building-up in business processes early on. 2) Inventory and Demand Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Predictive Analytics Software 52

EMERGE App

DECEMBER 12, 2023

Asset management (or asset tracking) is responsible for tracking and managing the items of a company that used to make benefit and operate it. Asset management tracks equipment, vehicles, computers, devices, fixtures, furniture and essential documents. Instead, depreciation is used. With EMERGE, you get an all-in-one solution.

Inventory Management Software 52

Inventory Management Software Inventory Management Procurement Solutions Inventory Reduction 52

Supply Chain Opz

JANUARY 18, 2015

1) Consider S&OP as a Core Commercial Process The pressure to sell one more additional unit is not a product supply challenge; it is a demand management challenge. For example, aggregated sales data have a tendency to hide under-performance in delivery and fill rates at the SKU level.

S&OP 100

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 100

Unleashed

OCTOBER 7, 2018

In this article, we explain why forecasting demand accurately is so important for the success of your company and provide a few tips for managing the process successfully. What is demand forecasting? Predicting demand. Why is it necessary? Here are four things to consider as you fine-tune your forecasting.

Forecasting 40

Forecasting Forecasting Software Demand Planning Software Supply and Demand 40

SYSPRO Smarter ERP

APRIL 22, 2024

You lack visibility into your finances Inventory management is challenging and you either find yourself running out of material or overstocking your supplies, tying up cash. An ERP allows you to forecast demand, manage inventory levels, and improve procurement , resulting in the right inventory at the right time.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Supply Chain Planning Software Optimization Software 105

Supply Chain Opz

JUNE 1, 2014

During a short term planning (less than one month), they pay much attention to the coordination between purchasing, production and sales. Its simple supply chain network model is presented below, From this example, only 3 possible locations result in 5 different way to design the supply chain.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Logistics Viewpoints

FEBRUARY 22, 2021

Mr. Govindarajan is the Senior Director, Supply Chain (Systems, Processes & Analytics) at KeHE. Govindarajan : Our previous Supply Chain Purchasing and Inventory Management tools were not enabling us to solve business challenges, we pivoted to Manhattan’s Demand Forecasting and Inventory Optimization software.

Forecasting Software 34

Forecasting Software Supply Chain Planning Software Optimization Software Supply Chain Design Software 34

EazyStock

APRIL 28, 2022

Inventory management teams need to know what, when, and how much to order. You could automate the following: customer relationship management, demand management, order fulfillment, manufacturing flow management, procurement, product development, commercialization and returns.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Software 52

EazyStock

APRIL 28, 2022

Inventory management teams need to know what, when, and how much to order. You could automate the following: customer relationship management, demand management, order fulfillment, manufacturing flow management, procurement, product development, commercialization and returns.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Software 52