The Logistics & Supply Chain Management Society

AUGUST 14, 2023

The seemingly miraculous capabilities of generative AI systems like ChatGPT (large language models, or LLMs, generating novel text and code), Dall-E (generating novel images), and Alphafold2 (protein structure prediction) come from exploiting this scale.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. These sources while functional are difficult to connect. The team was seeking analytics to monitor process compliance.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) As I watch the news and work on client documents in my quarantine, I try to manage my emotions. Another is looking at hospital bed utilization to predict market baskets. Don’t expect demand to be predictable. Bottom line?

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. But some of my other predictions did hit the mark or came close. Making supply chain and logistics predictions is like throwing darts at a moving target. When making predictions, it’s easy to look at recent trends and simply project them forward.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

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

Logistics Viewpoints

MARCH 2, 2023

After months of dire predictions, many in the financial community are lowering the odds of a recession in the next year. Now, with powerful AI and ML technologies to generate predictive ETAs, we can reroute shipments in anticipation of possible disruptions, eliminating manual track-and-trace efforts. Reduced working capital.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Precoro

APRIL 18, 2023

Documents With every step, transactions should be documented ; this means creating a purchase order , a bill of lading, a receipt, a customer's order, and others. Clean data allows companies to move beyond descriptive analytics to those that are more action-oriented: predictive analytics to answer the question “What will happen?”

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Precoro

JANUARY 29, 2024

This strategic document contains key principles of procurement management and is designed to ensure that the entire procurement process is aligned with the organization's goals and objectives, project requirements, and budget constraints. It also serves as a roadmap for how the organization will conduct its purchasing activities.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

Proxima

SEPTEMBER 12, 2023

In fact, it’s predicted that legal technology budgets will increase threefold by 2025. [1] As a result, technologies such as AI, Document Management, Case Management, Workflow Management, and CLM are being adopted by firms in varying degrees. AI use in internal workflows could lessen the time crafting legal documents by a big margin.

Procurement 59

Procurement Predictive Analytics Software Supply Chain Planning Software Modeling Software 59

Precoro

AUGUST 14, 2023

We want to highlight the following top five skills for a procurement manager (in no particular order): Analytical acumen One skill that procurement managers should prioritize is analytical acumen. Ardent Partners predicted that cost savings would be more important in 2023 than at any other time in the last decade.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Enterra Insights

FEBRUARY 25, 2020

Bowman, Managing Editor of Supply Chain Brain , notes, “Data by itself is ‘dumb’ ”[4] Advanced analytics are required to mine the insights data contains. Multi-enterprise business networks are revolutionizing how companies bring together the necessary parties, documents and data into a digital ecosystem.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 130

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Today many companies spend countless hours reviewing contracts to track and review amendments to original documents. Purchase Order Management. Contract Review. Price Lookup and Comparison.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Unleashed

FEBRUARY 29, 2024

Common types of retail software: Accounting software Inventory management software Point-of-sale (POS) software Analytics software ERP software Retail execution software Pricing software Arbitrage software CRM software Here’s how they work.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

Material Handling & Logistics

JUNE 7, 2018

As the pressures on supply chain teams—including those for sustainability, cost efficiency, and disruption and risk mitigation—are increasing and growing in complexity, supply chain organizations are struggling to both collect and analyze an overwhelming amount of data scattered across different processes, sources, and siloed systems.

Supply Chain Planning Software 95

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Software Analytics Software 95

TransAudit

JUNE 27, 2023

Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time. It simplifies administrative practices, analyzing contracts and documentation to derive the best outcomes from suppliers. Europe, China, and Singapore.

Optimal Sourcing 69

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 69

Supply Chain Game Changer

APRIL 29, 2021

Now there are increasingly competitive and political pressures to bolster their domestic production, resume hiring, and minimize or eliminate their reliance on external sources that are perceived as risky. Data analytics provides actionable insights to save time, effort and cost. Edge Computing and Analytics. electronics).

Supply Chain Software 135

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 135

Supply Chain Shaman

AUGUST 16, 2015

The goal is deeper analytics to sense and respond across make, source and deliver. Most companies use multiple B2b networks because they have evolved to serve a part of a supply chain–source, make or deliver within an industry–versus a value chain solution that can connect industries. 2) Advanced Analytics.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Enterra Insights

FEBRUARY 11, 2021

Running over top of existing infrastructure and systems, a bot copies data from one source and pastes it into another. Through data analytics, RPA can identify and optimize current inefficiencies across the chain. Predictive maintenance. It mimics how humans work to connect disparate business applications. Logistics management.

Supply Chain Software 100

Supply Chain Software Analytics Software Predictive Analytics Software Gartner 100

ivalua

MAY 28, 2014

It’s the convergence of these forces that Gartner predicts will drive the business of the future. In sourcing, successful manufacturers exploit all available information and analytics to make informed, strategic decisions in support of future success. Mobile: Sourcing professionals use more mobile technology all the time.

Supply Chain Design Software 100

Supply Chain Design Software Gartner Supply Chain Software Innovation 100

TransAudit

JULY 6, 2023

Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time. It simplifies administrative practices, analyzing contracts and documentation to derive the best outcomes from suppliers. Europe, China, and Singapore.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 52

ThroughPut

APRIL 28, 2020

Predictive analytics: Capacity Planning Software that includes predictive analytics capabilities to enable manufacturers to accurately predict future capacity requirements is critical. This also helps define specific parameters to access advanced and predictive analytics reporting to support capacity projections.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

ThroughPut

APRIL 28, 2020

Predictive analytics: Capacity Planning Software that includes predictive analytics capabilities to enable manufacturers to accurately predict future capacity requirements is critical. This also helps define specific parameters to access advanced and predictive analytics reporting to support capacity projections.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

ThroughPut

APRIL 28, 2020

Predictive analytics: Capacity Planning Software that includes predictive analytics capabilities to enable manufacturers to accurately predict future capacity requirements is critical. This also helps define specific parameters to access advanced and predictive analytics reporting to support capacity projections.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software Analytics Software 52

Supply Chain Trend

MAY 17, 2022

New systems of intelligence will support us with planning & forecasting process automation, analytics automation, and decision automation. Any planning, forecasting, analytics, simulations, and insights must facilitate high quality, timely decisions. Planners, schedulers, and forecasters will not escape this evolution.

Supply Chain Software 97

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Negotiating Skills 97

Supply Chain Opz

JANUARY 22, 2016

In the immediate term, predictive analytics drive a distinct competitive advantage to those few who are already leveraging it to its full potential. That would shorten hauling times, automate routes and scheduling, and make deliveries much more predictable.

Predictive Analytics Software 100

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 100

Supply Chain Trend

JULY 18, 2019

However, planning wasn’t the strongest feature and the promise of ERP to have common data and one source of truth across the enterprise has never been achieved. They operate without a one source of truth to support the best possible decision making. Common planning & analytic data layer. Advanced analytics.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Prescriptive Analytics Software 60

NC State SCRC

JANUARY 18, 2018

In a prior post on 2018 supply chain predictions, I shared how NC State’s Poole College of Management engages directly with industry through student-led projects. The students will review and document the current geography allocation process for Surplus/excess, Overage and Unconsumed Purchase parts inventory (SOUP).

Vendor Strategies 40

Vendor Strategies Optimal Sourcing Inventory Reduction Resource Reduction 40

Talking Logistics

JANUARY 8, 2016

This live and predictive analytics platform filters through news sources (including Lloyd’s Maritime, CNN, and more), blogs, social media (ex. Twitter), and natural disaster alerting sources to find and disseminate content relevant to global supply chains.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Forecasting Software 100

HICX Solutions

JANUARY 31, 2019

The UK Competition and Markets Authority has worked with [data analysis firm] Spend Network to produce a ‘screening for cartels’ tool, which is free to download as open-source software.” Smarter sourcing. Based on that review, it generates a suspicion score for the tender proposals,” he says. ” Reduce risk.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Negotiate Pricing Material Savings 40

QAD

DECEMBER 12, 2023

AI in QAD Support Amid the current buzz around AI, businesses are rapidly integrating AI-based solutions across diverse operational domains, ranging from task automation to data analytics. Triage predicts ticket characteristics, properly prioritizes issues, and routes them to the most suitable team.

Optimal Sourcing 91

Optimal Sourcing Predictive Analytics Software Sourcing Strategies Predictive Analytics 91

Logistics Viewpoints

JANUARY 25, 2024

What AI has been able to do for years is find patterns and make predictions at a scale far beyond our human cognitive capacity, such as forecasting for a retailer with billions of sales records and millions of items. AI can accomplish tasks humans couldn’t do before, and do them better and faster, saving time and money.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 231

Enterra Insights

JULY 25, 2019

Managing trade documentation. “Blockchain is more than a pure electronic data interchange (EDI),” they write, “it is the backbone of digital supply chains, offering distinct advantages over today’s conventional supply chain IT infrastructure and analytics capabilities.” Sharing information with suppliers.

Supply Chain Planning Software 100

Supply Chain Planning Software Gartner Supply Chain Software Manufacturing Procurement 100

ThroughPut

MARCH 30, 2021

Traditional techniques of demand forecasting in supply chain can no longer predict these changes in the demand-supply network. However, past sales records can only predict forecast levels in mid and long-term planning horizons. How to manage the rapidly evolving demand-supply dynamics using the data available and how to do it right?

Supply and Demand 52

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

ThroughPut

MARCH 30, 2021

Traditional techniques of demand forecasting in supply chain can no longer predict these changes in the demand-supply network. However, past sales records can only predict forecast levels in mid and long-term planning horizons. How to manage the rapidly evolving demand-supply dynamics using the data available and how to do it right?

Supply and Demand 52

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

Intelligent Audit

JUNE 14, 2022

A lack of insight, actionable analytics , clear directions, and industry guidance often paves the way to employee burnout. Today much of the accounting process is done manually, tracking down billing documents across multiple platforms, email addresses, and accounts. Automation Assimilation.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Supply Chain Software 52

Logility

FEBRUARY 23, 2022

The partnership enables Logility customers to layer in Planalytics’ predictive demand metrics to better understand impacts across their customer base and proactively capitalize on sales opportunities created by favorable weather while mitigating risks when demand is negatively impacted. 626) 657-0013 or email kliu@amsoftware.com.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software 130

Bristlecone

JULY 20, 2020

There’s been a transformation of finance departments’ focus – from pure transactional processing and after-the-fact reporting, to delivering real-time insights and analysis and supporting business strategy through predictive and prescriptive analytics. What is Predictive Accounting for Sales Orders? Typical Business Scenario.

SAP 52

SAP Predictive Analytics Predictive Analytics Software Procurement Analytics 52