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ToolsGroup
MARCH 24, 2021
The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 Each station is part of a larger system and operates on a set schedule under one management umbrella. The basic approach to inventory optimization. Five more inventory optimization segments.
ThroughPut
OCTOBER 16, 2022
A roadmap towards achieving demand-driven inventory replenishment planning. Demand planning is a key requisite for holistic supply planning as it involves building an accurate forecast of future demand based on supply drivers, to meet customer needs as precisely as possible.
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Supply Chain Shaman
AUGUST 18, 2022
The genesis of the River of Demand learning activity. While each installed the technology, they are unclear about what drives a good plan. This large food manufacturer used a popular technology to forecast monthly using orders as an input. Navigating the River of Demand.
ToolsGroup
SEPTEMBER 9, 2020
How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? Your customers don’t care if you have a great demand forecast. They care if you have the inventory they want when they want it. How do you turn a good forecast into a great inventory plan?
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In the aftermath of the pandemic, supply chain inadequacies have been revealed in a new light. In order to thrive, companies need to take a more synchronized approach. Learn why a holistic “TMS+” approach is integral to success in the new normal and beyond.
ToolsGroup
MARCH 30, 2022
It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. Predicting retail consumer demand has become much more complex.
ToolsGroup
OCTOBER 25, 2022
But behind the scenes, demand planners were at work, trying to strike a balance that would help them turn a profit and meet demand without being saddled with rotting pumpkins come November 1. Read on to learn about: Seasonal Inventory and Its Application Across Industries.
The Smart Software
JULY 29, 2022
Smart Software, a leader in enterprise demand forecasting, and inventory optimization solutions announces the release of Smart Inventory Planning and Optimization for Prophet 21 (P21).
Logility
APRIL 26, 2022
based supplier of fashion blanks transforms its demand and inventory management with Logility. Their team of experts made our transition from legacy systems and manual processes to total digital supply chain management an easy experience,” said Paul Volkman, CIO at Next Level Apparel.
ToolsGroup
AUGUST 20, 2021
Looking for a relatively quick way to measure inventory health? “It It all starts with a demand-driven approach,” says Gerrott Faulkingham, director of solution engineering at ToolsGroup. This is different from problematic ABC inventory classification.
Speaker: Adrian Gonzalez, Tom Nightingale, and Martin Verwijmeren
Watch this insightful conversation about enabling assurance of supply in the global marketplace to better balance inventory and control costs.
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GlobalTranz
APRIL 8, 2015
New, innovative technology platforms have greatly sped the expansion and evolution of transportation as well as logistic solutions. Most notably are we seeing technology platforms that improve and simplify the users by means of integrating partners and using collected data. In today’s post, we talk about the 5 main benefits derived from the use of SaaS TMS and introduce what we call a Hybrid SaaS TMS. What is SaaS TMS & Introducing Hybrid SaaS TMS.
Enterra Insights
JUNE 22, 2022
Financial writer Emma Kerr ( @emmarkerr ) explains, “Inflation is caused by factors like pressures on the supply or demand side of the economy, money supply policies and even consumer expectations.”[1] The irony of excess inventory. ” Optimizing inventory.
Supply Chain Shaman
DECEMBER 17, 2018
Located in the United Kingdom (UK), he has more than twelve years of experience in progressive roles driving demand-drive projects for their global supply chain. At the Supply Chain insights Global Summit , Nick shared his story on driving demand-based improvements. It is just not enough to do a software upgrade or slowly push continuous improvement projects. He did this first by implementing demand sensing from Terra Technology (now E2Open) eight years ago.
ToolsGroup
FEBRUARY 10, 2022
As the supply chain crisis enters yet another year, demand volatility continues to reach unprecedented heights. Let’s take a look at what demand shaping is and why it could be critical to your supply chain. What Is Demand Shaping? Lower prices to increase demand.
Supply Chain Shaman
OCTOBER 22, 2015
I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. I was moving from the world of manufacturing to a new world of software. When I went through the training to learn the new software, I struggled. The names of the technology providers, the process definitions, and the architecture descriptions were a new lexicon. The impact of complexity on inventory is not quick.
Logistics Viewpoints
MARCH 31, 2022
While demand is high, ongoing product shortages continue to cause supply chain disruptions, create unpredictable shopping behaviors and drive rapid delivery expectations. We wanted to see inventory positions around the world compared to our forecast, compared to our actual demand.
Thomas Willemain, Ph.D.
SEPTEMBER 26, 2022
Statisticians use the “regime change” phrase in a way that has high relevance for demand planning and inventory optimization
Logility
NOVEMBER 18, 2021
The unified, digital platform powers better decision-making, scalability, and transformation across all levels of supply chain maturity. a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced its parent company American Software, Inc.,
ToolsGroup
JUNE 8, 2018
Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value. As we showed in a previous blog, it’s not the only way to segment your inventory, nor nearly the best. Not too much demand variability. Inventory Optimization
ThroughPut
SEPTEMBER 27, 2021
Demand-driven Inventory Replenishment Planning. As per the world reports of global goods shortages , optimized replenishment planning with demand drivers, has become a necessity. However, markets and vendors struggled to fulfill this demand the second time around.
ToolsGroup
DECEMBER 2, 2021
There’s been a lot of change in how we view supply chain demand forecasting: we moved from a focus on supply—what and how much to supply or replenish—to the demand-driven supply chain, which placed too much emphasis on the intermediate goal of an accurate demand forecast.
SYSPRO Smarter ERP
NOVEMBER 21, 2022
Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. The role of inventory management. Inventory optimization.
Supply Chain Game Changer
OCTOBER 14, 2022
Featuring Our 10 Best Inventory Management Articles! Effective inventory management is one of the most important aspects of running a successful business. There are a few key things to keep in mind when it comes to effective inventory management : 1. Know Your Inventory Levels.
Supply Chain Shaman
JUNE 12, 2020
Strong opinions and egos (mostly male) abound… For over two decades, I obediently tapped my foot to technology leaders’ glibly spouting opinions. Downsizing inventories over the past decade crippled the response.” Days of Inventory Peer Group Across Time Periods.
Supply Chain Shaman
APRIL 19, 2021
The Process of Software Selection. I am constantly amazed that business leaders can engage with technologists month after month (often over eight and sometimes over a year) to select a supply chain planning system and then call me to ask for help on the decision.
ToolsGroup
FEBRUARY 23, 2021
What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging.
Logility
MAY 26, 2022
Demand constraints create financial risks as well as environmental problems. • 25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. Real-Time Insight and the Right Digital Platform Means More Accurate Forecasts. Supply and demand.
Supply Chain Shaman
JANUARY 21, 2014
Companies are stuck at the intersection of inventory turns and operating margin. Step Up and Learn the Language of Demand. In companies, there is no standard model for demand processes. In the traditional organization, some demand processes are sales-driven. While we need forecasting and we need to improve the processes, we also need to teach teams how to use new forms of demand data and adopt demand processes. The concepts of demand driven are now vogue.
ThroughPut
SEPTEMBER 16, 2021
A shift from physical grocery stores to digital grocery stores is indicative of a shift from traditional shopping practices to demand-driven buying practices. When demand can be anticipated with accuracy, it can be delivered efficiently with demand forecasting techniques. .
ThroughPut
AUGUST 31, 2021
In the midst of the Covid-19 slump, businesses need to shift to reliable systems to meet customer demand and improve profitability. It is here that demand sensing comes into focus. Demand sensing is a tool that facilitates the calibration of data that informs supply.
Unleashed
NOVEMBER 29, 2021
Manufacturers and brick-and-mortar retailers have been using software to manage their inventory for years – but inventory management is even more important when you’re running a business that operates in the complex eCommerce space.
Supply Chain Shaman
AUGUST 21, 2015
The technology market is rife with unsubstantiated claims and myths. Each year, I publish a report analyzing the technologies in the S&OP space. I sent the report to technology vendors listed in the appendix with a deadline for feedback on factual accuracy for 5:00 PM EST on Wednesday. The technology choices are not black and white. New technology is evolving. Technologies natively written as Software as a Service (SaaS) solutions are entering the market.
The Smart Software
MAY 26, 2021
Smart Software is pleased to introduce our new webinar, offered exclusively for Prophet21 users. Greg Hartunian, CEO at Smart Software, will lead a 45-minute webinar focusing on specific approaches to demand forecasting and inventory planning.
The Smart Software
MAY 27, 2022
These new features include integration for Epicor Prophet 21 and Epicor Smart Inventory Planning & Optimization through a set of native web applications.
Solvoyo
JULY 21, 2020
The blender and the oven comprise a collection of tools that includes exchangeable tips and settings that can be used for different cooking endeavors. The difference between a Platform and a collection of Tools is the great recipe book and the right oven settings in our cookie analogy.
ToolsGroup
FEBRUARY 19, 2020
We’ve created quite a monster with all the sophisticated tools we use to influence demand with pricing, new product introductions and promotions. As businesses use more “levers” to influence demand, demand variability grows. What is Demand Sensing? .
DELMIA Quintiq
SEPTEMBER 22, 2021
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 inventory management.
ToolsGroup
OCTOBER 25, 2016
Your forecasting or demand planning system says an SKU is “unforecastable” because demand is too small and intermittent. For most businesses, the “long tail”—low-volume items with irregular demand and many zero demand periods—is growing longer. This is because several trends are disaggregating demand into smaller buckets. More frequent replenishment —and more granular forecasting—leads to shorter time buckets with greater demand variability.
Vinculum
SEPTEMBER 19, 2022
No businesses across the globe can function without inventory. Tracking inventory is as important as acquiring it. Lack of inventory management is one of the top reasons why small businesses collapse in the market. Netiquette Inventory Management System.
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