Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health’s senior vice president of global logistics, said of their implementation of the Kinaxis’ supply chain planning (SCP) solution, “I was scared! Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions.

Supply Chain Planning Software 176

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 176

Unleashed

JANUARY 10, 2023

Supply chain planning strategies Supply chain planning can be tackled all at once or piecemeal depending on the size of your team. Either way, the first thing you should do is establish metrics and KPIs. Invest in good software early on to give your business the best chance at success.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Logistics Viewpoints

JUNE 26, 2023

But how to do this was very ambiguous. Kinaxis is a proponent of using network planners for both supply and demand planning rather than having the planners operate in silos. Mars Wrigley was particularly interested in working with a SCP supplier that could integrate artificial intelligence (AI) to support demand sensing.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 208

Supply Chain Shaman

JUNE 5, 2013

In 2006, they made a decision to implement a supply chain planning solution. The cost was 60% more in than average; but even more unfortunate, they never got a good understanding of how to use the planning system. Table 1: Characteristics of a Mature Planning Organization. Characteristics : Demand.

Supply Chain Planning Software 224

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 224

Supply Chain Shaman

JANUARY 2, 2023

(The planning team was defending the status quo without questioning current practices and how to improve them.) The question was, “How can I redefine demand planning processes to use channel data?” Starting to understand the issue with multi-tier demand planning? Demand is a tough subject.

Supply and Demand 386

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 386

ThroughPut

MAY 25, 2021

How To Leverage The Benefits Of S&OP For The Food And Beverage Industry? So, how do you get and maintain a competitive edge over the others in the global market? An effective Sales and Operations Planning (S&OP) process can do the trick. You have a superior line of products but so do your competitors.

S&OP 52

S&OP Supply and Demand Beverage Supply Chain Planning Software 52

ThroughPut

MAY 25, 2021

Sales & Operations Planning (S&OP) in the food and beverage industry (S&OP) refers to an integrated business management process that brings together all the functions of a business, including sales, marketing, customer service, manufacturing, development, sourcing, and finance. . Stage 1: Product review.

S&OP 52

S&OP Supply and Demand Beverage Supply Chain Planning Software 52

ThroughPut

MAY 2, 2024

Add to that the growing demands of sustainability all around! Achieving any kind of business and operational efficiency is possible only when you lead plans by demand. However, demand planning is a complex function and ineffective demand planning can spell doom in the modern commercial world.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

New Horizon Supply Chain Blog

AUGUST 30, 2023

The answer may seem obvious to supply chain professionals, but it’s worth taking a step back and thinking about how to answer this. Inventory metrics are less intuitive, but ever since U.S. This is to a great extent the result of an antiquated view of supply chain operations as a cost center rather than a source of strategic advantage.

Forecasting 52

Forecasting Supply and Demand Material Savings 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

New Horizon Supply Chain Blog

JULY 15, 2022

The answer may seem obvious to supply chain professionals, but it’s worth taking a step back and thinking about how to answer this. Inventory metrics are less intuitive, but ever since U.S. This is to a great extent the result of an antiquated view of supply chain operations as a cost center rather than a source of strategic advantage.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Arkieva

JANUARY 27, 2017

Related: How to Perform a Supply Chain Management Assessment for 2017. Demand planning is a critical component in any supply chain planning process. For businesses with disjointed back office and planning systems, improving forecast accuracy maybe rather elusive. Determine the Metrics That Matter.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 60

Supply Chain Game Changer

JULY 21, 2021

Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. It encompasses all of the supply chain costs associated with your products such as sourcing, producing, transporting, storing (etc).

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Unleashed

OCTOBER 16, 2023

This is achieved through accurate demand planning and effective warehouse management. Reliance on a few suppliers How you procure and manage your suppliers will impact how they perform. Let’s look at a few accounting metrics you may find useful when dealing with raw materials inventory management.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

ThroughPut

SEPTEMBER 29, 2022

Investors, shareholders and stakeholders are increasingly demanding better and more predictable financial, operational and sustainability results, and innovative industry leaders are taking note. ThroughPut helps companies achieve this quickly by leveraging our Supply Chain AI on their existing disparate data sources”. .

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Resource Reduction Inventory Reduction 52

ThroughPut

DECEMBER 6, 2023

When companies leverage data from various sources such as sales history, market trends, and external factors, predictive analytics paired with supply chain intelligence provide valuable insights that enable better decision-making and proactive planning – like never before. So, how does predictive analytics help with that?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Enterra Insights

SEPTEMBER 28, 2020

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. He explains, “Big data essentially has three sources: social data, machine data and transactional data.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Unleashed

MAY 1, 2023

Our experts explain that best-practice demand planning begins with a top-down forecast. Protecting profit margins from ALC inflation ALC (Average Landed Cost) is a crucial metric in demand forecasting and inventory valuation. There must be an element of realism.”

Forecasting 96

Forecasting Supply and Demand Modeling Forecasting Software 96

ToolsGroup

MARCH 5, 2019

Supply chain planning in emerging markets is different. And while each market can be unique, we found a few repeating themes in our own experience and from sources including Gartner and our customers Procter and Gamble (P&G) and Cipla Medpro. Here’s what we found: 1. fast food or retail) are rapidly expanding.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 159

Supply Chain Shaman

AUGUST 7, 2019

Here I share insights on how to get started using a four-step process. ” Or alternatively, “Is there data that could be sourced to help?” The goal of this analysis is to understand the value of the current demand planning process by demand stream. Time For A Supply Chain Check-Up?

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

Supply Chain Shaman

OCTOBER 6, 2013

One of the favorite parts of my job is teaching classes on how to take supply chain concepts to the next level to improve corporate performance. The concepts of being market-driven build on the research that I have done for the last ten years on building Demand-Driven Value Networks (DDVN). These are a step change in thinking.

Supply Chain Network Software 225

Supply Chain Network Software Course Supply and Demand Supply Chain Design Software 225

Supply Chain Game Changer

NOVEMBER 10, 2018

Supplier collaboration has always been a function of maintaining a delicate balance between demand and supply. As a sourcing manager, you may need to go outside your comfort zone to think about new, innovative ways to collaborate for achieving sustainability because Collaboration comes in more than one flavor!

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

ThroughPut

MAY 25, 2021

How To Leverage The Benefits Of S&OP For The Food And Beverage Industry? So, how do you get and maintain a competitive edge over the others in the global market? An effective Sales and Operations Planning (S&OP) process can do the trick. You have a superior line of products but so do your competitors.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning S&OP 52

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. Focus on Sensing using Independent Demand.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

DynaSys

FEBRUARY 3, 2021

How common are symptomless carriers in our populations? The scientific community is still learning how to answer these questions. Understand their sources of income. You also need to assess quickly where the marketplace will be after any run on inventory” according to Pat Bower, Director of Demand Planning at Combe.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

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

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. source Moody’s). The reason? The process is flawed. Challenging the status quo is essential.

Supply and Demand 150

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

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. The harmonization and synchronization of channel data to be used in forecasting, replenishment, and inventory planning. Demand Sensing.

Material Savings 189

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 189

Material Handling & Logistics

NOVEMBER 13, 2017

The integration layer also manages connectivity to your external partners and remote data sources. The visibility layer includes the aggregation and normalization of your global operational data from both internal and external sources for the purposes of business intelligence, metrics and reporting. Visibility Layer.

Supply Chain Planning Software 54

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 54

Unleashed

JANUARY 14, 2024

Here’s a quick breakdown of how each of the manufacturing inventory types should be managed. Raw materials Raw materials inventory is the basic inputs used to produce finished goods and one of the biggest sources of inventory waste in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Supply Chain Shaman

JUNE 14, 2024

The study is based on data sourced from Y charts for the period of 1982-2023. Market capitalization/employee is the value metric used as an objective function for the regression. In the food industry, 46% of market capitalization/employee is driven by the improvement of two metrics: operating margin and inventory turns.

Cost Reduction Strategies 195

Cost Reduction Strategies Waste Reduction Inventory Reduction Supply and Demand 195

Logility

FEBRUARY 26, 2020

Gartner, for example, places demand forecasts at the top of their Hierarchy of Supply Chain Metrics to highlight the impact of forecasts throughout the supply chain. While not rocket science, drastically improving SKU-level demand forecasts will require investments in people, process, data, and enabling solutions.

Forecasting 162

Forecasting Forecasting Software Optimal Sourcing Supply and Demand 162

Arkieva

AUGUST 4, 2015

You have a favorite forecast accuracy metric(s) you’ve been practicing within the organization for a while, and now you think you are ready to bring it to the Sales and Operations Planning (S&OP) meeting as a Key Performance Indicator (KPI) of your demand planning process. The metric needs to be at an aggregate level.

Forecasting 60

Forecasting Meeting S&OP Report 60

NC State SCRC

JANUARY 16, 2024

More concerning, the report does not mention the acquisition workforce a single time in the entire report, thus leaving a gaping hole for acquisition officers to understand how to implement the recommendations! There is also little consideration of what it takes to truly establish domestic sourcing capabilities.

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

New Horizon Supply Chain Blog

SEPTEMBER 18, 2023

AI is certainly a breakthrough technology that is improving demand forecasting – and is one of the reasons I started my company, NewHorizon.ai. Along those lines, I suggest the 1971 Harvard Business Review article, How to Choose the Right Forecasting Technique. Forecasting is a subset – a very important subset – of demand planning.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

New Horizon Supply Chain Blog

MARCH 20, 2023

AI is certainly a breakthrough technology that is improving demand forecasting – and is one of the reasons I started my company, NewHorizon.ai. Along those lines, I suggest the 1971 Harvard Business Review article, How to Choose the Right Forecasting Technique. Forecasting is a subset – a very important subset – of demand planning.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ThroughPut

JUNE 5, 2024

You’ll learn: What customer segmentation in supply chain is How to develop a customer demand segmentation strategy Examples of successful customer demand segmentation Insights into how ThroughPut AI can help you with customer segmentation What is Customer Segmentation?

Inventory Reduction 52

Inventory Reduction Material Savings Resource Reduction Sourcing Strategies 52