Logistics Viewpoints

DECEMBER 15, 2022

Let’s look at the four most common ways cluster analysis is used for category management and supply chain planning decisions. ABC Analysis for Inventory Planning : Clustering products that behave similarly highlights issues, challenges, and opportunities for serving customers better.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

ThroughPut

AUGUST 24, 2021

Earlier in the day, demand planning was a guessing game that relied more on intuition, instinct, and inclination. Companies that leveraged the data they collected to enable more accurate demand planning, distinguished themselves from their competitors. Why do you need new-age demand sensing to solve modern problems?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Improved Customer Satisfaction A structured department is better equipped to handle customer demands. Analyze performance metrics and implement improvements to enhance efficiency.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

ThroughPut

JULY 6, 2021

Thriving In ‘The New Normal’ With 5 Demand Planning & Forecasting Methods. Businesses around the world are pondering upon these questions and each of them leads to a simple answer – effective supply chain demand planning and forecasting. Understanding and predicting demand in unpredictable times .

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

ToolsGroup

AUGUST 20, 2019

Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. versus $4.84

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

BlueYonder

APRIL 9, 2024

This includes demand planning, volume assessments at a granular level, knowing where best to source from to meet omni-channel demand, where to then position inventory based on known demand and where customers are located, and, of course, how best to then fulfill orders and to optimize the last mile.

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. Planning ensures that resources are allocated effectively and that production and distribution meet customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 52

SYSPRO Smarter ERP

APRIL 24, 2023

The Association for Supply Chain Management’s Supply Chain Operations Reference (SCOR) model provides seven primary processes that will ensure order fulfilment is carried out properly and efficiently — Orchestrate, Plan, Order, Source, Transform, Fulfill and Return.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

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 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

ToolsGroup

AUGUST 20, 2019

Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. versus $4.84

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 136

Taulia

JULY 5, 2021

As demand for the movement of goods across the globe and rapid delivery expectations become the norm, businesses seek ways to simplify their supply chain management. VMI streamlines inventory management and order fulfillment, benefitting both suppliers and buyers. What is Vendor Managed Inventory?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

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 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Logistics Viewpoints

JUNE 26, 2023

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. Mars took that recommendation.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

ToolsGroup

OCTOBER 11, 2017

Gartner says that you shouldn’t just pitch forecast accuracy to your executive management, but translate your plan into business metrics. You must be able to make a direct link between the forecasting accuracy improvement and customer service, cost, efficiency, inventory, cash flow or capability improvements,” says Gartner.

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

Logistics Viewpoints

APRIL 4, 2022

They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. For some customers, they manage the inventory using a vendor managed inventory program. For some customers, they manage the inventory using a vendor managed inventory program. But even multi-sourcing is not enough.

Supply Chain Transformation 194

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 194

Supply Chain Shaman

JUNE 5, 2013

Management and planning of the entire network against a value network strategy. Integration of corporate social responsibility metrics in planning. Comprehensive view of source, make and deliver. Recognition of asset strategies in go-to-market plans. Focus is on make, source and deliver together.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 216

Logility

APRIL 2, 2020

Phone * Company * Job Title * Zip Code * Source Asset Source Download ID. Plan to review your KPIs monthly during the first three to four months and cull out the bad ones quickly. Then plan on a quarterly review for the remainder of the year. 2 Identify and get access to the right data sources. Featured Download.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

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? Granularity also differs.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

New Horizon Supply Chain Blog

AUGUST 30, 2023

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

ToolsGroup

JANUARY 9, 2018

A single, unified data model depicts the immediate financial impact of plan changes. With a single version of the truth, planners can model scenarios for S&OP meetings, so stakeholders from sourcing, manufacturing, logistics, sales, and finance can assess the options and trade-offs.

Modeling 179

Modeling Scenario Planning Optimization Modeling S&OP 179

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 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

ToolsGroup

SEPTEMBER 25, 2019

Sixty-three percent of respondents said they would look for reduced cost as an outcome of planning digitization, 54% said improved service levels, and 42% are seeking faster delivery. Our customers overcome demand volatility and supply chain complexity for outstanding service levels with reduced inventory.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

Logility

APRIL 23, 2020

Take a data asset inventory. Once the project is defined, it is critical that an inventory of all data assets is taken. Answering the questions that the business has may require gathering additional data, purchasing data from third parties, or reformatting existing data sources. You may also like this ebook.

Forecasting 148

Forecasting Forecasting Software How To Procurement Analytics 148

Supply Chain Shaman

JULY 19, 2015

In most ‘benchmarking activities’, self-reported data is the most common source. However, for elements like forecast error, customer service and slow-moving inventory self-reported data is not sufficient. Both tests are a great way to measure the effectiveness of demand planning processes.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

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

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. Let’s check out the most common use cases.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

o9 Solutions

APRIL 21, 2020

What-if scenario Planning Tell us your most challenging Replenishment Planning use cases and experience it on o9’s platform Request a demo that will highlight the capabilities that matter to you First Name * Last Name * Email * Phone number Email This field is for validation purposes and should be left unchanged.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Optimal Sourcing Supply Chain Planning 52

ToolsGroup

SEPTEMBER 22, 2020

Traditional planning systems weren’t designed to handle today’s demand volatility, service expectations and hyper-fast pace of new trends proliferated online. That means there are many companies out there struggling to make sense of constantly shifting demand data and to make smart inventory optimization decisions.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. inventory turns.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

New Horizon Supply Chain Blog

JULY 15, 2022

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Supply Chain Shaman

OCTOBER 8, 2017

If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. ” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.”

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. For clarity, the definitions are: -Strategic Planning: The frequency is either monthly or quarterly and the focus is on long-term planning. Metrics Alignment. They lack cohesion.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 278

ThroughPut

SEPTEMBER 29, 2022

ThroughPut helps companies achieve this quickly by leveraging our Supply Chain AI on their existing disparate data sources”. . Listed below are key improvements for demand planning, inventory management, supply chain operations, and logistics management that the ThroughPut platform focuses on. Key Financial Capabilities.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Resource Reduction Inventory Reduction 52

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . Understanding and predicting demand in unpredictable times. Modern businesses have access to huge amounts of data so demand planning and forecasting should be easier. But demand planning still remains a game of assumptions and estimations.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52