Logistics Viewpoints

DECEMBER 12, 2022

They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. The fast-growing company generated over $5.5

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Supply Chain Shaman

JUNE 9, 2023

With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. Companies need a planning solution to analyze the trade-offs between make, source, and deliver. This does not exist in conventional planning frameworks. I term this bi-directional orchestration.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Or a unified data model across source, make, and deliver for planning? TMS and DRP have little in common, and revenue management operates isolated from demand planning.)

Optimal Sourcing 337

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 337

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

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

QAD

MARCH 6, 2024

That’s why having the most accurate forecasts to have a successful demand plan in place is a must for every company. So far, we’ve explored what Demand Planning is, delved into its key features, and reviewed the functions and duties to this process. They also solicit input from different stakeholders.

Supply and Demand 52

Supply and Demand Modeling Forecasting Sourcing Strategies 52

Logistics Viewpoints

APRIL 3, 2023

This is combined with data from external sources on weather, logistics lead times, and sustainability performance. They are designed to have minimal impact on the performance of the underlying source systems. If there is not enough inventory to meet the demands of all the customers, which customers does a company prioritize?

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 252

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. They also have 20 sourcing locations across North America from which they can ship make to stock products. HWI employed a crawl-walk-run methodology.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Logility

NOVEMBER 28, 2023

The transformation of planning, sensing, and forecasting A key area in the S&OP process where AI is particularly transformative is demand. By moving beyond conventional, backward-looking methods, planning can forecast demand and inventory at the speed of the market.

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Scenario Planning 130

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. Thus, you’ll see a lot of: eSourcing tools.

Procurement Solutions 52

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

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.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 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

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Why is this shift such a big deal? We don’t have to think back very far. Lesson learned.

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

BlueYonder

OCTOBER 6, 2023

Our panel delved into the critical theme of “Bridging the gap between network planning and operational execution in production and service parts logistics.” This involves creating a range of “what-if” simulations and contingency plans based on demand fluctuations and supply disruptions.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Agile and Lean Supply Chain 211

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 211

Logility

JUNE 15, 2021

Demand sensing contracts the time between real-world events, the emergence of a statistically meaningful mix of demand signals, and your response to them. Short-term forecast accuracy can improve by up to 40% or more with demand sensing compared to traditional time-series forecasting. . Advanced inventory management.

Supply and Demand 147

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

QAD

JANUARY 19, 2023

Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Function: operation management, logistics and inventory. Let’s dive in.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Demand Solutions

MARCH 27, 2020

But what if I told you that establishing supply chain planning and procurement processes also helps your company's culture, would you believe me? Tim was recognized for his exceptional leadership of the supply chain planning and procurement processes teams.

Atlanta 173

Atlanta Supply Chain Planning Supply Chain Software Supply Chain Strategy 173

Supply Chain Matters

FEBRUARY 25, 2022

We indicated that the implications of unprecedented, elevated levels of inflation levels will vary by specific industry, but taken as a whole, they present a number of complex product management, procurement and supply chain planning challenges that will need to be tackled. The report observes that in December 2021, U.S.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40

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

ToolsGroup

APRIL 11, 2018

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). At last week’s TG18 ToolsGroup user event , global bearing manufacturer SKF laid out an impressive review of their transformation to “ Integrated Planning ”. This prodded SKF to a new demand chain vision. Figure 1 Source: SKF.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 222

Synovos

FEBRUARY 21, 2023

From balancing costs to reliability, sourcing the right PPE to developing maintenance strategies, data on total cost of ownership to evidence of Environmental, Social and Corporate Governance (ESG), their concerns represent both longstanding issues and newer ones. “I The solution? Product price remains important but now it’s only one factor.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

New Horizon Supply Chain Blog

FEBRUARY 23, 2024

Introduction We’ve written quite a few articles on specific aspects of demand planning, but we’ve never written an introductory piece for beginners or those looking for a refresher course. We plan to do this for sales and operations planning (S&OP) and some other areas of supply chain planning as well.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Supply Chain Game Changer

JULY 21, 2021

It encompasses all of the supply chain costs associated with your products such as sourcing, producing, transporting, storing (etc). Procurement Cost. Procurement is incredibly important for a company since it helps them to make key purchasing decisions that directly affect a company’s bottom line.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

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

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. Comprehensive view of source, make and deliver. Recognition of asset strategies in go-to-market plans. Ad hoc design planning often focused on a function of the supply chain. Focus is on make, source and deliver together. Procurement.

Supply Chain Planning Software 216

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

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

Supply Chain Game Changer

NOVEMBER 13, 2018

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. This includes product design, planning, execution, monitoring and control. Source: [link] ). Source: [link] ).

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

ToolsGroup

SEPTEMBER 25, 2019

Our customers overcome demand volatility and supply chain complexity for outstanding service levels with reduced inventory. ToolsGroup’s service-driven planning platform features probability forecasting and stock mix optimization enhanced by machine learning automation for highly intelligent data-driven decision-making.

Supply Chain Planning Software 136

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

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

ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. The main benefits of accurate demand forecasts are: 1.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Logility

MARCH 29, 2018

Consensus Demand Planning. Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution and ensure confidence in company projections. Advanced Inventory Management. Most companies recognize the importance of a repeatable and accurate forecasting process.

Beverage 100

Beverage Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 100

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 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. By having a bird’s eye view of the entire process, companies can quickly adapt to sudden changes in demand and find new ways to optimize their operations.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Elementum

JULY 6, 2022

How Supply Chains Are Supposed to Work In “less extraordinary times,” a high-functioning supply chain team will operate like this: Demand planners make a forecast based on recent buying trends, seasonality, and any new products or promotions that are being introduced. At least at first: because it ’ s possible to make up lost time.

Supply and Demand 78

Supply and Demand Supply Chain Planning Software Supply Chain Planning Supply Chain Software 78

Supply Chain Game Changer

JUNE 11, 2019

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105