Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 195

Logility

AUGUST 31, 2023

Through Logility, Kelly-Moore has moved beyond relying solely on shipment history to purchase raw materials by forging a deeper connection between its master production schedule and procurement decision-making. Kelly-Moore achieved 20% less overstock and avoided $1 million in purchase orders after reallocating sundries.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

ThroughPut

JULY 6, 2021

Thriving In ‘The New Normal’ With 5 Demand Planning & Forecasting Methods. Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves?

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

ThroughPut

DECEMBER 5, 2023

Now that we’ve defined demand forecasting and described how accurate demand forecasts benefit your supply chains, let’s talk about the 5 techniques that will bring your demand forecasting to the next level. AI and ML software help you build a data-driven supply chain. How is that helpful?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. Predictive analytics, demand planning and business forecasting have always been core functions for supply chain planners.

Predictive Analytics 70

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 70

Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. The ability of an organization to deliver reliable and consistent results for revenue, margin, customer service, and quality in the face of demand and supply variability. Improve cross-government data sharing and analyze resilience.

Supply Chain Design Software 345

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 345

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . This includes internal and external data sources.

Supply Chain Planning Software 262

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 262

ToolsGroup

JULY 10, 2018

The days of simply using statistical methods to forecast future demand using past sales history are fading. Computing power and storage capacity have grown exponentially, while the cost of both have plummeted. More and better data has turned demand analytics into mainstream reality. Demand Planning.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

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 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

o9 Solutions

DECEMBER 3, 2021

Taking on digitization initiatives not only can increase sales and productivity, but can streamline the cost of goods sold. Another significant benefit is uncovering how much data and information actually runs through your business. to better forecast demand. . What skills are required to successfully leverage AI/ML solutions.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

Logility

JUNE 15, 2021

For example, an F&B business that supplies perishable goods knows that these goods have a limited shelf life and therefore must accurately project how much to purchase at once. If the business purchases too much, it risks overstocking goods that cannot be sold after they exceed their shelf life. Time-phased replenishment planning.

Supply and Demand 147

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

EC Sourcing Group

NOVEMBER 17, 2020

When you’re trying to control the entire procurement process within the supply chain, you want to make sure that you have the best software for your needs at your side so that everyone—you, vendors, and suppliers, are getting their needs met within the supply chain. Procure-to-pay operations. Includes purchase orders.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Supply Chain Planning Software Forecasting Software 52

ToolsGroup

JULY 10, 2018

The days of simply using statistical methods to forecast future demand using past sales history are fading. Computing power and storage capacity have grown exponentially, while the cost of both have plummeted. More and better data has turned demand analytics into mainstream reality. Demand Planning.

Supply and Demand 120

Supply and Demand Demand Planning Software Forecasting Forecasting Software 120

ThroughPut

MAY 16, 2024

However, responding to evolving market demands can seem almost impossible with legacy systems, siloed data and/or manually-driven human-intuition-based processes. Businesses have streamlined operations, minimized costs, maximized efficiency and improved customer satisfaction levels by following advanced supply chain optimization techniques.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Logistics Viewpoints

SEPTEMBER 20, 2022

We need planning platforms to keep up with all the changes. This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations.

Supply Chain Planning Software 196

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 196

crisp

SEPTEMBER 22, 2023

With Google Marketplace, cloud customers can also easily find and subscribe to data sets from a variety of sources and deliver them seamlessly to their data warehouse. Accessing the latest sales and inventory data directly in tools like Google Cloud significantly reduces staff time spent pulling reports from disparate retail vendor portals.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Waste Reduction Vendor Strategies 52

SCMDOJO

JANUARY 17, 2024

Planning roles include: A supply chain planner analyzes performance and improves processes. A demand planner estimates the future demand for given products. (Do Do check out our Demand Planning Ultimate Guide ) A production planner ensures the required manufacturing output meets the demand.

Purchasing Skills 72

Purchasing Skills Negotiating Skills Optimal Sourcing Manufacturing Procurement 72

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He can lead your company through the complex procuretech industry because of his specialization on procurement technology. Connect Now!

Supply Chain Design Software 59

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

Enterra Insights

MARCH 4, 2022

.”[1] An infographic prepared by the staff at Concentric reports, “[Nearly 80% of] CPG executives say the COVID-19 crisis will have a lasting impact on their customers’ needs”; however, “[less than a third of them] say their companies are well-equipped to address such changes.”[2] Joining the Data Revolution.

Packaging 130

Packaging Prescriptive Analytics Software Analytics Software Supply Chain Planning Software 130

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Effective inventory planning is essential to ensure you have the right inventory quantities to keep your operations running smoothly.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

GlobalTranz

APRIL 3, 2018

Multiple manufacturers, multiple relationships, multiple distribution models, multiple contracts. These complexities, layered with globalization, shorter product life cycles , and associated volatility in demand planning, has produced the most dynamic supply chain landscape we have ever experienced.

Supply and Demand 196

Supply and Demand Supply Chain Planning Software Supply Chain Software Optimal Sourcing 196

Logility

AUGUST 12, 2021

Most companies understand that accurate forecasts are a critical part of minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently. Advanced Inventory Management. Planting the Seeds for Success.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Logility

OCTOBER 29, 2021

To optimize throughput and capacity utilization, process manufacturers must effectively manage inventory, apply predictive analytics, and gain supply chain transparency through digital transformation. Predictive analytics uses artificial intelligence tools that provide not only real-time data but historical information as well.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

QAD

JANUARY 19, 2023

Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. This process covers anything in direct relation, from individual employees to organizations, information and resources. Used to cut costs and maximize efficiency, supply chain trends cater to every business.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93

ToolsGroup

MAY 18, 2022

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. There are Five Symptoms of Outdated Forecasting and Inventory Planning Software: Have you diagnosed your problem– and solution–to improved demand planning? Image source: Sturgis Journal.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . After all, most of these business functions were created for a very different era where any change was predicted earlier and absorbed easily. A definite “no-no” for demand planners. Understanding and predicting demand in unpredictable times.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting 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. … With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data and advanced analytics.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Logility

APRIL 21, 2020

In fact, demand forecasts are used throughout the supply chain including supply chain design, purchasing, operations, inventory, and sales and marketing. In large part due to computer processing power, new advances in forecasting and the abundance of new data sources have helped to increase forecast reliability.

Forecasting 157

Forecasting Optimal Sourcing Forecasting Software Modeling 157

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 72

ThroughPut

MARCH 25, 2024

This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. Demand forecasting is a cornerstone in the modern supply chain, enabling businesses to align their operations with market dynamics and customer needs.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Resolving exception items – As soon as the exception has been identified, it’s important to inform all the parties impacted by it. It also helps you make more accurate predictions about your requirements.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

ToolsGroup

JANUARY 8, 2019

So he says, “Improving demand accuracy is now intrinsically linked to the use of analytics to recreate the environment in which historical demand occurred.” He suggests including inputs to demand calculations such as demand transfer, competitor pricing, weather, social commentary, and shipping and returns policies.

Supply and Demand 149

Supply and Demand Modeling Demand Planning Software Forecasting 149

Silvon Software

MAY 24, 2022

In today’s dynamic business environment, a well-designed sales analytics program can easily become a competitive advantage for manufacturers by allowing them to quickly adapt to changing market conditions, trends and customer demands. Appropriate sales metrics also help identify the state of sales regarding time-based goals.

Procurement Analytics 78

Procurement Analytics Manufacturing Procurement Metrics Price Reduction 78

Unleashed

MAY 28, 2024

5 Project planning and time management Prospect CRM Customer relationship management, RFM analysis, opportunity tracking Start-Up $200/mo, Professional $400/mo, Advanced $2,199/mo 4.6/5 5 B2B customer relationship management Orchestrate Production planning, master planning, production scheduling Contact sales team 4.9/5

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Design Software 52

Vanguard Software

MAY 4, 2021

Some basic assumptions might include: Number of buyers in the target market Percentage of consumers in the target market that will purchase The timing of their purchase, taking economic cycles and holidays or seasonal events into account Pattern or frequency of repeat or replacement purchases. Minimize delays.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Vanguard Software

MAY 4, 2021

Some basic assumptions might include: Number of buyers in the target market Percentage of consumers in the target market that will purchase The timing of their purchase, taking economic cycles and holidays or seasonal events into account Pattern or frequency of repeat or replacement purchases. Minimize delays.

Forecasting 52

Forecasting Forecasting Software Supply and Demand Modeling 52