Supply Chain Shaman

JUNE 21, 2023

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. For example, Monster Beverages beats Coca-Cola and PepsiCo, while Celanese outperforms Dow Chemical.

Gartner 346

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

Supply Chain Shaman

SEPTEMBER 13, 2021

For example, Distribution Requirements Planning (DRP) has very little to do with Transportation Planning (TMS). Revenue Management and Demand Planning do not align on market potential or baseline demand. The optimization routines single thread through functions not enabling trade-offs across source, make, and deliver.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

Supply Chain View from the Field

JULY 17, 2015

Andrew Cox’s new book “Sourcing Portfolio Analysis” represents the more traditional “power-based” view of procurement. In fact, the subtitle for the book, “Power Positioning Tools for Category Management and Strategic Sourcing” gives it all away. A good example of this type of relationship would be……what exactly?

Optimal Sourcing 60

Optimal Sourcing Sourcing Strategies Negotiating Skills Sourcing 60

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. The bulk business also involves filling the tanks of businesses that use propane as an energy source. Pinnacle Propane Delivery to a Farm.

Forecasting 167

Forecasting Forecasting Software Optimal Sourcing Modeling 167

Kinaxis

JULY 18, 2014

The report uses the Boeing 747-8 International as an example. Think about those design, sourcing and delivery challenges. A supply chain based so heavily on external sources is susceptible to more risk than catching a flight on time out of Newark. The obvious challenge is the complexity in the A&D industry.

Supply Chain Planning 224

Supply Chain Planning Supply Chain Design Aerospace Supply Chain Strategy 224

Supply Chain Shaman

NOVEMBER 12, 2018

Companies that are good at demand management understand the need for design–form & function of inventory and push/pull decoupling points –and the orchestration of demand to make better decisions in sourcing, transportation and delivery. Orders are not a good representation of demand. How about you?

Supply and Demand 167

Supply and Demand Modeling Inventory Reduction Manufacturing Procurement 167

NC State SCRC

AUGUST 16, 2016

We hear the words “innovation” as a source for growth in the economy over and over again. New ideas on how to manage business processes, digital technologies, ways of delivering value to customers, and supply chain linkages are all areas where we are likely to see new forms of innovation occurring.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Innovation Sourcing 40

SYSPRO Smarter ERP

JUNE 6, 2022

Companies should now focus on risk management when it comes to inventory. This involves: identifying what the critical components are; ensuring that these components can be sourced from multiple suppliers. The Theory of Constraints (TOC), a well-known process improvement methodology, can be applied to analyzing the supply chain.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

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

I do believe in demand planning, but most companies overstate forecast improvements. I worked for a software company for almost a decade and implemented demand management solutions in the 1990s for multiple companies. At that time, the demand processes were largely regional. Let’s take an example.

Supply and Demand 156

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

ThroughPut

FEBRUARY 14, 2024

If, for example, a recommendation to buy 500 units from vendor A two times a year to enable end-year savings of $35,000 is made, executives may choose to accept the recommendation, or they may amend a few of the variables to evaluate other potential scenarios and outcomes. 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 Viewpoints

JULY 6, 2021

Thanks to demand planning innovations, supply chain planners are detecting potential demand spikes before they become global phenomena – even when that data comes from outside sources, like TikTok or Google Trends.

Supply and Demand 162

Supply and Demand Modeling Demand Planning Scenario Planning 162

Supply Chain Shaman

DECEMBER 7, 2016

In each example, we discussed how the engines worked and the problems solved. The example I used is RuleX/ToolsGroup partnership and the evolution of the self-correcting supply chain. The examples are IBM/Watson, Enterra Solutions and FusionOps. Rethinking Demand Management. The napkin was full of scribbles.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 180

ShipBob

SEPTEMBER 11, 2023

Having a single source of truth offers businesses an easy way to view how much inventory is coming in or going out, how many sales are being generated from each channel, and where any bottlenecks might be occurring. 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

Logility

FEBRUARY 18, 2020

An ML system may be given a data feed — actual product sales, weather, and an existing forecast, for example — and be asked to draw conclusions about it. Demand Planning applications rely on a series of algorithms to take historical shipment data and turn it into a forecast. That data enables the learning feedback loop.

Supply Chain Planning Software 182

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply and Demand 182

ToolsGroup

OCTOBER 17, 2017

Gartner cites the customer experience example of guaranteeing that a customer's equipment never shuts down. They vastly improve predictive capabilities by deriving insights from huge and diverse data sources including social feeds , weather forecasts and peer reviews. HP's Instant Ink program ensures that printers stay on line.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 180

Supply Chain Shaman

SEPTEMBER 24, 2018

The source of data for this blog comes from market triangulation. For example, there are very few planning pilots where Oracle or SAP beat the competition on capabilities. For example, Kinaxis is the best optimizer for material-centric supply chains with complex bill of materials. For example. Example of Data Analysis.

Supply Chain Planning Software 228

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

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” Let’s take an example. Let me give you an example. Low volume inconsistent demand. Use this data to understand demand predictability. Then overlay the demand stream mapping on the customer service analysis.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

SCMDOJO

JUNE 21, 2023

Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers. It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Taulia

OCTOBER 17, 2022

Cash flow management involves overseeing and managing cash from all sources. Cash flows from financing activities are the inflows associated with the funding of a company from external sources and the costs associated with that funding. The measurement of cash flow is key to efficient cash flow management.

Optimal Sourcing 81

Optimal Sourcing Expense Reduction Inventory Reduction Forecasting 81

Supply Chain Shaman

NOVEMBER 21, 2018

Forecast Value-Added (FVA) is a measurement of demand management improvement. If the carrier does not accept the freight, the manufacturer loses time in moving the freight and is often forced to go to the open market to source freight. For example, what is the impact of schedule adherence on cost? 2) Forecast Value Added.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

NC State SCRC

NOVEMBER 23, 2021

Each node, however, is also a bottleneck, which creates a series of problems that hinder the flow of materials from source to consumer. This is similar to the concept of “demand management” in procurement, which involves reducing the total volume of usage for a product to reduce overall costs.

Resource Reduction 75

Resource Reduction Price Reduction Cost Reduction Strategies Material Savings 75

The Network Effect

MAY 4, 2015

For example, many of today’s forecasting systems will skip data from days where there were inventory shortages on the shelf! From a demand sensing perspective, this could be the most important data set since we need to predict what consumer demand would have been on the days the inventory was not available on the shelf.

Supply and Demand 100

Supply and Demand Demand Planning Software Data Forecasting 100

BlueYonder

MAY 17, 2017

Through the partnership, which started off with transportation management (TMS), JDA is able to provide value to many different supply chain scenarios through the predictive analytics provided by TransVoyant. These predictive analytics, which are gathered through Big Data sources, allow customers to take immediate action within JDA’s TMS.

Real-time Visibility 44

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

Kinaxis

OCTOBER 20, 2014

For example, a survey from 2012 showed that average forecast error by industry ranged from 15% for retail to 39% for manufacturing/industrial and consumer packaged goods. For example, if that order is one day late, it impacts $3 million in customer orders. Forecast error for most other industries was around 30%.

Supply Chain Planning Software 257

Supply Chain Planning Software Inventory Reduction Modeling Cost Reduction Strategies 257

BlueYonder

MAY 17, 2017

Through the partnership, which started off with transportation management (TMS), JDA is able to provide value to many different supply chain scenarios through the predictive analytics provided by TransVoyant. These predictive analytics, which are gathered through Big Data sources, allow customers to take immediate action within JDA’s TMS.

Sourcing Strategies 40

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

ToolsGroup

JULY 26, 2016

The Costa and the NHS examples cited above both employ pull-driven supply networks. Another growing tactic is establishing a statistical baseline forecast that understands and segregates baseline demand, illuminating the difference between nominal and promotional demand. Most CPG companies have hit a demand forecasting ceiling.

Forecasting 120

Forecasting Supply and Demand Optimal Sourcing Inventory Reduction 120

o9 Solutions

FEBRUARY 27, 2023

For example, planners and supply chain managers must ensure the continuity of operations while also optimizing profitability and sustainability. Lack of end-to-end metal-specific solution “We have tried an AI-driven Demand Management solution, but it wasn’t flexible enough to capture our market.

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Modeling Software Forecasting Software 52

Supply Chain View from the Field

DECEMBER 14, 2013

F or example, o ne enterprise with which we spoke has moved to a dynamic bidding process wherein c ontracts only go out 180 days, and multiple , highly vetted , competing suppliers are given the opportunity to bid, partner and bundle groups of commodities among themselves to optimize costs through collaboration.

Optimal Sourcing 74

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 74

Enterra Insights

SEPTEMBER 18, 2018

For example, he writes it’s a fallacy to believe “Blockchain will solve the traceability problem.”[3] Koenemann explains, “The amount of lead time required, combined with the lack of flexibility in typical supply chains, is making many overseas sources problematic. Lack of a Cohesive Network Management Strategy.

Supply Chain Software 100

Supply Chain Software Waste Reduction Inventory Reduction Price Reduction 100

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. About 20% of orders are direct-to-store (for example, dog food products).

Case Study 239

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

Supply Chain Shaman

NOVEMBER 27, 2017

A significant source of revenue for the company is maintenance renewals. Prior acquisitions include: Demand Management, (often termed Demand Solutions) supply chain planning for mid-market, 2004 for $9.5M In general, solution innovation lags the industry.

Logility 60

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

o9 Solutions

DECEMBER 17, 2021

For example, planners and supply chain managers must ensure the continuity of operations while also optimizing profitability and sustainability. We have tried an AI-driven Demand Management solution, but it wasn’t flexible enough to capture our market. Digitization is a key enabler to address these issues.

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Modeling Software Optimal Sourcing 52

Logility

MAY 2, 2021

A frequent conversation on forecasting best practices among demand planners is the growing concern over the use of “one number.” From sourcing and production to logistics to marketing, most companies have long relied on a single foundational key performance indicator (KPI) to dictate how they fulfill their customer needs.

Forecasting 149

Forecasting Forecasting Software Procurement Analytics Prescriptive Analytics Software 149

DynaSys

DECEMBER 8, 2021

Zone’s demand management team entered the volumes with different “ what if ” scenarios in several SpreadSheets “ what if we lost 30%, or 40% or even 50%… of the sales versus 2019 ”. Today we are still facing some challenges, for example on raw materials. We decided to put in place shared indicators via Google Sheets.

S&OP 52

S&OP Supply and Demand Supply Chain Planning Software Material Savings 52

o9 Solutions

JUNE 22, 2020

Driver Based Demand Management to detect demand risks and opportunities much earlier. What we would recommend is investing in capabilities, such as Demand Sensing and AI-enabled forecasting, to detect demand risks and opportunities much earlier. Why is this more important?

Supply Chain Planning Software 52

Supply Chain Planning Software Demand Planning Software Supply Chain Network Software Analytics Software 52

IQMS

OCTOBER 2, 2019

One of the most important benefits supply chain management systems for food & beverage manufacturers is the ability to provide the right mix and type of product to the right distribution, retail and selling location at the right time. What Matters Most In A Food & Beverage Supply Chain Management System. Source: Dyer, J.

Beverage 44

Beverage Supply Chain Planning Software Food Inventory Management Software 44