SYSPRO Smarter ERP

APRIL 24, 2023

Manufacturers as well as consumer-oriented businesses need to embrace better fulfilment experiences for their customers. By using the SCOR model, manufacturers have a tested and comparable framework for assessing their order fulfilment processes and performance. Order fulfilment is becoming increasingly important.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The problem is that warehouses are full. My question is, “Why?” Background. The reason?

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. 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. Let’s dive in.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Vanguard Software

JULY 20, 2021

And before that, in 2001, Nike also had a demand planning blunder that led to a $100 million loss in sales. These examples show how imperative a proper process for demand planning and supply planning is to an organization’s overall health and profitability. Demand Planning Forecasting Application.

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Demand 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

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

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

Logility

AUGUST 25, 2020

Poorly implemented demand planning software mis-forecasts demand for branded sneakers. Demand planning systems unable to forecast demand-slowing associated with economic meltdown. Warehousing and transportation costs. A few of the most infamous are listed below. The common thread? Tri-Valley Growers.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

ToolsGroup

SEPTEMBER 25, 2019

Additionally, 54% are seeking improved service levels in the coming year, and only 14% have a machine learning project underway, meaning for many AI-augmented planning is still more hype than adoption. Because digital transformation can involve selecting and implementing several different solutions, the early stages are often protracted.

Supply Chain Planning Software 136

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

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 question was, “How can I redefine demand planning processes to use channel data?” Starting to understand the issue with multi-tier demand planning?

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . Infact, according to McKinsey , applying AI-driven demand forecasting to supply chain management can cut down errors by 20-50% and this helps reduce lost sales by 65%. Further, warehousing costs can fall by 5-10%. A definite “no-no” for demand planners.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

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

Requis

OCTOBER 30, 2020

People are still worried about having efficiencies in their warehouses, making sure they’re laid out properly, and having the right processes. Manufacturing sites have been rationalized in terms of, “we don’t need five factories in this country, we only need three, then two, then we don’t need them at all, we’ll move them to China”.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

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. Tactical Planning: This process is usually monthly.

Supply Chain Planning Software 278

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

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. The company has strategically invested in automated distribution centers, streamlining the flow of products from manufacturers to stores.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Unleashed

JANUARY 10, 2023

In this supply chain planning guide: What is supply chain planning? Supply chain planning is the process of optimising the delivery of goods and services from manufacturer to consumer. It aims to balance supply and demand through accurate forecasting, ensuring maximum revenue and minimal spending.

Supply Chain Planning Software 52

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

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. If your DIO is trending downward, you’re doing something right.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Supply Chain Game Changer

NOVEMBER 10, 2018

On the supply side, however, there is less and less room for manufacturers to absorb additional costs as volatile input prices put the squeeze on margins and the marketing investment required to differentiate branded products from private-label competitors continues to rise.

Optimal Sourcing 66

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

Supply Chain Game Changer

MARCH 23, 2021

These jobs reach far and wide, touching virtually every business process, most metrics, and all functional areas. When a Procurement team is asked to find a new supplier to perform a particular service or supply a specific type of components, parts or materials there are a large number of steps required to bring this result to fruition.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Negotiating Skills 64

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. Adrian Mitchell, CFO, Macy’s, Inc.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

6 River Systems

AUGUST 19, 2020

Manufacturing companies have the option of selling directly to consumers without the help of any retail middle men. Quantifiable performance indicators were always considered key metrics by supply chain executives. There are plenty of opportunities to increase the profitability of a retail business through efficient warehousing.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

Unleashed

JUNE 7, 2023

Manual inventory control tasks are automated with the help of software tools and warehousing equipment. Demand forecasting software. Software that analyses your historical sales data at the product level is essential for accurate demand planning. Safety stock is a critical part of any inventory optimisation strategy.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning 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 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Taulia

JULY 5, 2021

This provides some elasticity in the supply chain to ensure that variances in production demand can be accommodated and that the delivery of goods is not subject to transit delays since they are co-located near the production site. Suppliers also have their own balance sheet metrics to worry about.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

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. Adrian Mitchell, CFO, Macy’s, Inc.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Supply Chain Shaman

AUGUST 26, 2015

While traditional forecasting approaches use statistics to model history assuming that historic shipments and order patterns represent future market patterns, in the times of market volatility, especially for manufacturers two-five levels back in the supply chain, traditionally forecasting is not adequate.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

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

Supply Chain Shaman

NOVEMBER 29, 2015

Hadoop is an open-source software framework written in Java for distributed storage and processing of large data sets on computer clusters. While the rest of the world was deep in a recession in 2008, and manufacturers were struggling with payroll decisions and layoffs, Hadoop innovation was in full swing.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. ” 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.

Supply Chain Design Software 250

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

Logistics Viewpoints

JULY 18, 2022

The company sources goods from 34,000 suppliers out of 30 nations. In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. The company has shown sustained improvement on this metric.

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 220

E2open

NOVEMBER 30, 2017

Myth #1: “POS is required to sense demand.”. All you need to start sensing demand are three inputs – your demand planning forecast, orders, and shipments.Conveniently, these all reside in your internal systems. How it works: The underlying mathematics of demand sensing is different than traditional forecasting.

Supply and Demand 60

Supply and Demand Demand Planning Software Modeling Forecasting 60

Supply Chain Shaman

AUGUST 1, 2013

The use of channel data—point of sale, warehouse withdrawal, basket and retail partner perpetual inventory data—to understand channel flows and improve demand sensing. Rethinking Planning. This channel data is then used to drive planning. Demand planning models are based on attribute logic.

Modeling 226

Modeling Supply and Demand Supply Chain Design Software Optimal Sourcing 226

DynaSys

FEBRUARY 3, 2021

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. During the COVID pandemic so far, companies have been forced to close or shutter warehouses.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

Logistics Bureau

DECEMBER 20, 2016

The following questions should help you to think about the effectiveness of planning within your supply chain operation: Do you have a sales and operations planning program in place? How accurate and effective is your demand planning? Warehouse operational costs. Procurement costs. Warehouse Costs.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

Unleashed

OCTOBER 5, 2023

Managing a warehouse can be a complicated task. Keep reading to discover how warehouse management works, gain a confident understanding of the typical warehouse team structure, and learn how to optimise your warehouse processes. In this warehouse management guide: What is warehouse management?

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52