Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving.

Supply and Demand 386

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 386

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. These functions include procurement, production planning, inventory management, logistics, and customer service. Procurement Specialist/Buyer Source and acquire materials or products needed for production.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 78

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. That''s why we ask our experts a very simple question " How to improve the operational efficiency in global supply chain?

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. They do not excel in planning or forecasting.

Procurement Analytics 360

Procurement Analytics Optimal Sourcing Metrics Supply Chain Planning Software 360

Precoro

NOVEMBER 7, 2022

Keep reading to find out the key differences between direct and indirect procurement, how their strategies differ, and how to control spending for both. What different products or services does the staff need to purchase in order to produce pizza? Typically, direct purchases are made in large quantities to get a bulk discount.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Vanguard Software

SEPTEMBER 7, 2021

Four Reasons to Break Up with Excel and Move to Digital Supply Chain Planning. Omnichannel solutions continue to be in customer demand. Online, delivery, and curbside pick-up services continue in the winner’s circle over on-site shopping and purchase. Vanguard Predictive Planning. Download eBook.

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Predictive Analytics Software Demand Planning Software 52

ThroughPut

MAY 13, 2022

Before getting into the forecasting models, it would be useful to define the three main components of demand forecasting. Demand forecasting by itself refers to the process of estimating the future demand for a product or service. This demand forecast in turn forms the basis for the overall demand plan.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 75

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 75

ThroughPut

MAY 13, 2022

Before getting into the forecasting models, it would be useful to define the three main components of demand forecasting. Demand forecasting by itself refers to the process of estimating the future demand for a product or service. This demand forecast in turn forms the basis for the overall demand plan.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Supply Chain Shaman

JUNE 2, 2020

Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new. Plan for disruption. Use new forms of open-source analytics to continually mine the market data to answer the questions in the face of uncertainty. The Many Shades of Gray.

Supply Chain Design Software 263

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 263

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. While budgetary restrictions can stop you from taking advantage of volume discounts offered through bulk purchasing, holding too much inventory ties up cash flow that could be better used elsewhere in the business.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . A definite “no-no” for demand planners. Understanding and predicting demand in unpredictable times. Modern businesses have access to huge amounts of data so demand planning and forecasting should be easier. How to make it easier?

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Arkieva

JUNE 21, 2016

Supply Chain Complexity 1 – Plan/Source/Make/Deliver/…. Demand planning. Demand Planning is still a big struggle in many, even mature companies. How to ensure their buy-in? Where and how to use statistics? How to collaborate with key customers and channel partners?

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Planning 66

ThroughPut

MARCH 25, 2024

Companies that excel in demand forecasting can optimize their supply chain operations, reduce costs, increase profitability, and stay ahead of competitors in meeting customer needs while ensuring long-term success and resilience. What are the Differences Between Demand Planning and Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. Let’s start with a clear definition of the terms: Demand Networks. Demand Sensing. Demand Shaping.

Material Savings 189

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 189

Supply Chain Shaman

AUGUST 26, 2015

” The team needed to make a decision on when to shut down their plants, the right levels of inventory to build during the plant closure and how to predict the duration of the downturn. However, most importantly, they wanted to understand how to sense the market upturn. The inherent buying patterns of consumers are also changing.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Logility

DECEMBER 15, 2023

This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning. Staying competitive in this intense landscape demands finely tuned operations that are highly efficient and effective – from product concept to customer consumption.

Optimal Sourcing 174

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 174

Arkieva

JANUARY 6, 2017

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

Inventory Reduction 62

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 62

Supply Chain Shaman

FEBRUARY 25, 2016

High-velocity or streaming data requires different architectures built on non-relational, cloud-based architectures using open source tools like Apache Spark. Companies struggle how to use market, customer sentiment, and channel data. Orders do not represent market demand. source Moody’s). The reason?

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? My response is “Hogwash.” By definition, this requires a global supply chain. A Need to Rethink Work.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. Let’s face a hard fact: the supply chain planning market is a mess. They center on how to make a good decision in the purchase of supply chain planning solutions.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 234

RELEX Solutions

NOVEMBER 7, 2017

Moving from traditional grocery retail to omni-channel grocery retail adds new aspects to demand forecasting that need to be considered, including how to forecast per sales and fulfillment channel, how to react when products fall out-of-stock, and how to optimize operations.

Forecasting 28

Forecasting Sourcing Strategies Forecasting Software Optimal Sourcing 28

ThroughPut

MAY 16, 2024

It also evaluates the various possibilities and includes key considerations such as how much of the product or service to sell and finally choosing the most cost-effective markets to operate in. Note that supply chain optimization goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. Francine has been an Interim (project) manager and senior business analyst with a track record in Operational Excellence, Process Design and Data Analysis.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Supply Chain Shaman

JUNE 6, 2015

In the second act of supply chain planning–tightly integrated ERP to supply chain planning–I was an industry analyst. I was an avid student of supply chain excellence; and in this role, I watched as best-of-breed solution after best-of-breed solution replaced with more complicated technology. I was a skeptic.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

6 River Systems

FEBRUARY 22, 2019

Inventory provides an excellent example of a cost indicator that should be measured and continuously improved. football for bar chains, foreign exchange / high value goods purchases during Brexit and seasonality for crop traders) is critical for keeping costs low and efficient. The top operators work at a 99.9%

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Unleashed

JUNE 24, 2020

That means excelling in every interaction a company has with its customers. Providing excellent customer experience also means meeting customers where they are. Modern consumers want to use different devices and buy through various platforms. That’s regardless of the device they use or platform through which they buy.

Inventory Management Software 98

Inventory Management Software Inventory Management Omnichannel Inventory Reduction 98

Stord

APRIL 4, 2022

Integrated Order Management and Inventory Planning “Proper demand planning beyond replenishment plans. Today, customers look at their order volume from the past year, and then estimate an organic growth number to plan for the upcoming year (e.g., And what opportunities are being missed today? 2020 sales plus 20%).

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Analytics Software 78

6 River Systems

JUNE 29, 2020

” — Alexandra Wrage, How to Mitigate Supply Chain Corruption During High-Risk Periods , ASCM Insights; Twitter: @ascm_org 2. “Some companies are starting to invest in creating data-backed profiles of their supplier base so they know where and when to look for second sources.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

6 River Systems

DECEMBER 11, 2018

Planning tips to unify supply chains. Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. Logistics personnel and supplier management pointers.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Repl Group

JULY 1, 2019

People were able to source a wider range of products and local stores went from an essential service to a stop-gap. . They invested in: systems that link real-time customer information to point of sale so staff have customers’ details to hand providing excellent service every time. Retail Dinosaurs. That’s true of retail technology.

Supply Chain Planning Software 81

Supply Chain Planning Software Analytics Software Demand Planning Software Forecasting Software 81

Supply Chain Shaman

MAY 30, 2019

At the end of the day, customers buy based on value not on the cool factor of the technology. The First Step Is To Improve Tactical Supply Chain Planning. When a client states they are working on “End-to-end supply chain planning.”. For example, demand planning does not flow to procurement or transportation.

Inventory Reduction 205

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 205

Supply Chain Shaman

AUGUST 3, 2016

I can count the number of companies that are good at supply chain planning on one hand. I find most companies are good at pockets of planning–demand planning, supply planning, transportation planning, material planning or plant scheduling, but the flows are not connected. You should act now.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150