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My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychain planning market. Logility, a conservative company supplychain planning technology, historically had no debt and cash reserves of more than 80M, is undervalued in this deal.
Improving demand forecast accuracy is crucial for supplychain success. Traditional demand forecasting methods often fall short, resulting in inefficiencies, excess inventory, and lost revenue. Reinforcement Learning Continuously refines demand forecasting models through trial and error.
For over a decade, since founding SupplyChain Insights in 2012, I have pounded the keyboard, asking business leaders to think more holistically about the impact of supplychain decisions on the firm’s value, the improvement of a value chain, and the impact on the environment. Thirteen years. Change is Hard.
It is crucial to assess the organization’s technological infrastructure, supplychain processes, and compliance frameworks to ensure they are aligned with DPP requirements. Its decentralized nature reduces the risk of a single point of failure, enhancing data security across the supplychain.
The partnership between Shipium and ClearJet enhances supplychain efficiency by enabling businesses to achieve nationwide 2-day delivery at ground rates without changing carriers. This allows shippers to leverage their existing carrier accounts, like FedEx, UPS, or USPS while benefiting from expanded coverage to every U.S.
While tariffs are intended to protect domestic industries and generate revenue for governments, they also present significant challenges for companies that rely on international supplychains. This article explores the impact of global tariffs on your supplychain and offers strategies for minimizing their effects.
CAGR , the global supplychainmanagement software market is expected to touch USD 50 billion by 2032. This one figure speaks volumes about how organizations worldwide want access to the best supplychainmanagement tools to boost efficiency and value in their distribution and logistics network.
These tools turn raw logistics data into actionable insights that drive efficiency, reduce costs, and improve performance across the entire supplychain. In this blog, we explore how logistics data analytics tools are transforming supplychains and what businesses need to consider when implementing them.
By Joseph Yacura and Rob Handfield Abstract: The further migration of supplychain automation is inevitable. The rapid development of generative agents will only accelerate the implementation of autonomous supplychainmanagement. Generative agents will be the next stage of this evolution.
Industrial manufacturing supplychains operate in one of the more complex environments in recent memory. Variables like global disruptions, rising input costs, and increasing customer demands continue to challenge even the most sophisticated supplychains.
Keeping up with customer demands, managinginventory, and making sure everything runs smoothly — it’s a lot to handle. Must-have features, like real-time inventory tracking and barcode scanning. Running a warehouse these days feels like a constant juggling act, right? There’s a better way.
The most recent Hackett Group Report highlights key priorities reshaping procurement in 2025, including technology adoption, the rise of Generative AI, and managing emerging risks. DemandManagement: Work with internal stakeholders to understand their needs and identify opportunities to reduce consumption or find alternative solutions.
Last week, I was having breakfast with a CEO of a leading software supplychainmanagement company. “Lora, you write about cognitive computing often stating that it will usher in the Third Act of SupplyChain Planning. Today’s supplychain is like the Flintstone era. I don’t get it.
Mi9 Retail’s DemandManagement business was formerly known as JustEnough Software. Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition. Acquisition coincides with significant new growth investment from Accel-KKR.
What is Lean InventoryManagement? More firms are implementing lean inventorymanagement techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supplychain and inventorymanagement enable Small Medium Businesses (SMB) to improve efficiency and increase profits.
by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility. Reason #4 Making key decisions by modelling the supplychain in Excel. and it didn’t leak.
Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Designed to lift the profession and celebrate supplychain results, I struggle to find that the methodology supports either objective.
An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventorymanagement. Types of inventory that can be optimized.
In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supplychain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. What Drives Value?
Seldom do we find a team excited about demand planning. Supplychain leaders want to improve it, but are not optimistic that they can make improvements. After two decades of process and technology refinement, excellence in demandmanagement still eludes supplychain teams. We need to fail forward.
As a supplychain analyst and an economics enthusiast, I was curious to learn more. I did a little digging to find out the specifics about excess inventory, the stated causes, and the potential implications. Retailers’ Inventories – Just Keep your Returns? So let’s call it “demand whiplash”.
Time For A SupplyChain Check-Up? When a company contacts me to help them with their supplychain, the pain is usually a gap in customer service. To complete a supplychain diagnostic, I take these four steps: Step One. inventory turns. for inventory turns define best-in-class performance?
The SVP of SupplyChain at Walmart speaking at Blue Yonder’s virtual user conference. Following their fourth quarter results, top executives talked about their supplychain and omnichannel strategy at a high level. Mr. Guggina talked about how Walmart is approaching their supplychain transformation.
by CJ Wehlage What would you say is the next great disruption coming to our supplychain world? However, there’s one great disruption already occurring, which has yet to truly “touch” supplychain. As a supplychain practitioner, do you notice something missing? Where is the supplychain nodes?
Not having end-to-end supplychain visibility. Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. You are a supplychain leader. by John Westerveld. Reason #2 Poorly executed or non-existent sales and operations planning.
SupplyChain Planners Analogous to Secretarial Pools? In my forty years of studying supplychain planning, the groups became larger, but with questionable results. We sidestep vacuous terms like digital supplychain and attempt to measure and redefine flows based the redefinition of planning.
Is The SupplyChain Out of Rhythm? On a supplychain blog? As I struggle to build musicality, I think about the rhythms and cycles of the supplychain. In all cases, with my clients, I find the internal supplychain is out of step—lacking musicality with either the channel or the supplier base.
by John Westerveld Reason #4 Making key decisions by modelling the supplychain in Excel. Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility.
Part 1: SMAC in the Middle of SupplyChain Change. Part 2: Will the Internet of Things (IoT) Help Eliminate Information Latency and Deficiency in Supply Planning? Part 3: SMAC in the Middle of SupplyChain Change. This is part 4 in our Internet of Things Series: The SupplyChain “Change” dilemma!
Even if you’re not you should check out SupplyChain Insights, SupplyChain Metrics That Matter. For the past several years, SupplyChain Insights has been delivering this research series. As SupplyChain Insights mentions, this is having a significant impact on the company’s bottom line.
Definition As I follow the evolution of supplychain technology, I am struck by what I see as a stream of paradox and anomaly, and the tendency of supplychain leaders to cling to convention. Leaders in building supplychain capabilities on graph technologies are failing to drive break through process innovation.
It’s been about a decade since companies began talking about the dream of a truly “ demand-driven ” supplychain. It’s been 10 years since companies began striving to create “demand-driven” supplychains. Watch now: 10 Years After: How Close Are We to True Demand-Driven SupplyChains?
Two adjectives that often describe the most successful supplychains are adaptive and resilient. An adaptive supplychain is one that is able to respond quickly to changes and disruption, and the ensuing changes to demand. A resilient supplychain is able to recover quickly from these disruptions.
The unified, digital platform powers better decision-making, scalability, and transformation across all levels of supplychain maturity. a leader in supplychain innovation powering the sustainable and resilient enterprise, today announced its parent company American Software, Inc., DemandManagement, Inc.,
by Melissa Clow I wanted to share this video compilation of several supplychain professionals that we have interviewed over the years. In the following clip these supplychain practitioners share their opinions on: What is the primary change we are seeing in today’s supplychain?
Your company has an older supplychain planning (SCP) system of record (SOR) like SAP APO that was developed in the 1990s. You may have added some best-of-breed add-ons for specialized applications such as multi-echelon inventory optimization (MEIO). You plan your supplychain to guarantee your service level outcomes.
Professionals in supplychainmanagement use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. SupplyChain of fashion industry involves a time based competition.
The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supplychain and price optimization solution available.
Finn-Tack invited Barloworld SupplyChain Software (SCS) to evaluate the future requirements of the company with a view of implementing a robust inventory and demandmanagement solution capable of delivering significant inventory reductions across all of its warehouses.
There has been a lot of debate in recent years about whether supplychain planning and demand planning solutions actually deliver their much-touted benefits. But in case it’s not: Lora Cecere is the Founder and CEO of a research firm called SupplyChain Insights. And I think that’s a good thing. So, is it all true?
Here are ten things to keep in mind in terms of the role that forecasting can have on supplychains: While not a cure all, forecasting does matter. As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down.
Lora Cecere of SC Insights was the first of the supplychain expert opinions I saw on DDMRP. However, she disagrees with DDMRP’s principles of forecasting and the use of demand sensing technologies. He is a great thinker on inventory planning and demandmanagement.”
It replaces rules-based consumption in demand planning, and will improve short-term forecasting by 30-35%. The average client that has implemented demand sensing technologies has reduced inventory by 11%. Not everyone understands supplychain; and for many, a discussion of demand sensing will sound like gobbledygook.
. <Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supplychain planning software. Let’s face a hard fact: the supplychain planning market is a mess. I have followed the supplychain planning market for sixteen years as an analyst.
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