Mon.Dec 12, 2022

article thumbnail

5 Tips for Creating Smart Forecasts

The Smart Software

Many companies use the term “smart forecasting” or “smart forecasts” without firm justification. Let’s distinguish between the Smart brand and being smart about the way you do your forecasting work. Demand forecasting is a critical part of the demand planning and S&OP process. Here are 5 tips that will help you execute your forecasts intelligently.

article thumbnail

Supply Chain Planning Solutions are Not Just for the Big Boys

Logistics Viewpoints

Jeff Baker, Vice President of Shared Services at Myers Industries. Companies implementing supply chain planning (SCP) have traditionally been very big companies or companies with complex supply chains. Neither of the customers highlighted in this article fall into that category. Supply chain planning is not just for the big boys. Myers Industries Implements John Galt Solutions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Discussing the Lessons Learned in Transportation Procurement Management

Talking Logistics

In September 2022, we surveyed members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies – to get their perspective on the important lessons learned over the past two years that will help them to successfully navigate the transportation market in 2023.

article thumbnail

How do you manage your Stakeholders when facing Conflicting Supply Chain KPIs?

AIMMS

The post How do you manage your Stakeholders when facing Conflicting Supply Chain KPIs? appeared first on AIMMS.

AIMMS 156
article thumbnail

GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

article thumbnail

Don't Fear AI — Supply Chain Leaders Need it to be Agile

Supply Chain Brain

Supply chain decision-makers who overcome their fear of artificial intelligence (AI) and have embraced AI-driven technology, like AI-driven sales platforms, fare best and thrive.

More Trending

article thumbnail

Watch: Another Crisis for the Food Supply Chain: Not Enough CO2

Supply Chain Brain

John Bell, head of the Department of Supply Chain Management at the University of Tennessee, explains why food processors and other industries are facing a critical shortage of carbon dioxide.

Food 105
article thumbnail

Press release: Introducing new names for Skill Dynamics’ technology

Procurement Academy

LONDON , 12 December 2023. The Skill Dynamics eLearning platform comprises of three experiences that combine to deliver our world-class digital learning program. Until now, each of these technologies has had its own distinct product name. We felt we could help make our technology easier to understand – and say! – so we’re changing the names to make it clear that they are all modules within the Skill Dynamics platform.

article thumbnail

Embracing Automation Technologies to Optimise Just-in-Time Processes

IT Supply Chain

By Paul Rivers (pictured). Managing Director of Guidance Automation. The post Embracing Automation Technologies to Optimise Just-in-Time Processes appeared first on IT Supply Chain.

article thumbnail

What are the Inventory Carrying Costs?

Demand Driven Technologies

Before deciding to invest company resources in a supply chain transformation project, we need to demonstrate a return on investment. This exercise often comes down to one question: If I reduce inventory by X%, what does it save? On the other hand, if my new organization implies an increase in inventory, how can I take. Read more. Source.

article thumbnail

Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

article thumbnail

Supply Chain: Where do opportunities lie in the wake of the crisis?

Logistics Middle East

Every cloud has its silver lining, but where do opportunities lie in a global supply chain crisis? Crescent Enterprises' Neeraj Agrawal explains how businesses can capitalise on the opportunities offered by the pandemic and its ripple effect.

article thumbnail

Can Hybrid Packaging Improve Sustainability?

All Things Supply Chain

Rising climate change awareness has led to higher demand for sustainability actions. Consumers have made clear that businesses must demonstrate corporate responsibility for their environmental footprint.

article thumbnail

Start 2023 with the Right Visibility Tech Stack

IT Supply Chain

By Richie Daigle (pictured). Enterprise Account Executive, Tive. The post Start 2023 with the Right Visibility Tech Stack appeared first on IT Supply Chain.

article thumbnail

12 Days of Cybersecurity – Part 2

BlueYonder

They see you when you’re sleeping, they know when you’re awake, they’re cyber-criminals and they’re everywhere. No need to fear, cybersecurity is here with Part 2 of our 12 Days of Cybersecurity. Pour yourself a glass of eggnog, throw on your coziest slippers and enjoy these next six cybersecurity tips. And in case you missed it, you can check out Part 1 here. 7.

article thumbnail

Enhancing Efficiency in Design: Suzuki Motor Corporation's Integration of CADDi Drawer

Suzuki Motor Corporation integrates CADDi DRAWER to streamline design processes. The cloud service organizes past drawings, facilitating quick access, reducing search time, and preventing duplication, ultimately enhancing design team efficiency.

article thumbnail

Why your small business needs a data expert

IT Supply Chain

By John Salt (pictured). Co-Founder of Only Data Jobs. The post Why your small business needs a data expert appeared first on IT Supply Chain.

Data 97
article thumbnail

6 Difficulties Faced by Industrial Machinery Manufacturers That ERP Solves

OptiProERP

The past two years have been a roller coaster ride for most industries. We have witnessed challenged supply chains, scrambled logistics networks, global health crises, unemployment, and much more. Although we have entered into the new normal, the pandemic has brought several operational challenges to the manufacturing industry ( State of Manufacturing report, Fictiv 2021 ).

article thumbnail

2023 IT Predictions

IT Supply Chain

By Brian Knudtson (pictured). Director of Product Market Intelligence, 11:11 Systems. The post 2023 IT Predictions appeared first on IT Supply Chain.

article thumbnail

o9 Solutions Named a Food Logistics 2022 Top Software & Technology Provider

o9 Solutions

o9 honored for helping clients operate a safe, efficient and reliable global cold food and beverage supply chain. DALLAS, Dec. 12, 2022 – o9 Solutions , a leading enterprise AI software platform provider for transforming planning and decision-making, was named as one of the winners of Food Logistics 2022 Top Software & Technology Providers award. . o9 enables some of the world’s largest companies to operate a safe, efficient and reliable global cold food and beverage supply chain.

article thumbnail

Embedded Analytics: A Force Multiplier for Business

The possibilities for embedded analytics to drive real value for businesses, end users, and society are as fascinating as they are limitless. No matter the industry, brand after brand is finding that analytics can be the solution to a multitude of business challenges. Go deep with five insightsoftware customers as they share the details of their analytics journeys and discuss the transformative power of data.

article thumbnail

Will the Inflation Reduction Act Reduce Supply Chain Costs?

Intelligent Audit

The Inflation Reduction Act, signed in August, is designed to ease rising cost pressures for businesses and consumers. Its main intention is to curb inflation by reducing the federal deficit, lowering prescription drug prices, and investing in domestic energy production while promoting clean energy. The law, as passed, will raise $738 billion and authorize $391 billion in spending on energy and climate change, $238 billion in deficit reduction, three years of Affordable Care Act subsidies, presc

article thumbnail

8 Best Tips to Improve Your B2C Content for Startups

IT Supply Chain

By Richard Pearson (pictured). Content Writer. The post 8 Best Tips to Improve Your B2C Content for Startups appeared first on IT Supply Chain.

article thumbnail

It’s Time to Simplify Supply Chain Software & Total Cost of Ownership

MPO Multi Party Orchestration

When I was COO, IT/software engineering commonly reached out with requests like: “We’re running low on capacity and need another blade!” To which I’d think: “There’s goes another $400,000.” Like so many others, we had to continuously buy capacity to handle our growing peak periods – end of month, end of quarter, end of year, thousands upon thousands of concurrent sessions, seasonal fluctuations (like today’s BFCM).

article thumbnail

Trends 2023: Artificial Intelligence

Enterra Insights

In the Digital Age, few technologies have had greater impact in the business world than cognitive technologies (aka artificial intelligence). The VentureBeat staff reports, “Artificial intelligence (AI) is a foundational catalyst for digital business, according to a new report by Gartner. The last 10 years represent a breakthrough period in AI’s development, spurred by the convergence of factors including the rise of big data, advancements in compute infrastructure, new machine learning te

Trends 306
article thumbnail

Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

article thumbnail

Rivian Scraps Plan to Make Electric Vans in Europe with Mercedes

Supply Chain Brain

This isn’t the first time Rivian has had a partnership with an established carmaker fall apart. Plans to build EVs with Ford Motor Co. were abandoned in November 2021.

Europe 98
article thumbnail

Solvoyo Named as a Representative Vendor in 5 Gartner® 2022 Market Guides

Supply Chain Management and Analytics

We proudly announce that Solvoyo has been named a Representative Vendor in five separate 2022 Gartner Market Guides for: – Retail Assortment Optimization Applications in Merchandising – Retail Unified Price, Promotion, and Markdown Optimization Applications: Short Life Cycle – Retail Forecasting, Allocation, and Replenishment Solutions – Retail Assortment Management Applications: Short Life Cycle Products – … Continue reading "Solvoyo Named as a Representative Vendor in 5 Gartner® 2022 Market G

article thumbnail

Merck Global Health Innovation Fund and P74 Ventures Make Strategic Investment in TransVoyant

Supply Chain Brain

With its new financing, TransVoyant will scale to reach new customers and expand its platform’s use cases.

article thumbnail

13 Popular Procurement Trends in 2023 & Beyond

Kodiak Hub

Another new year upon us, and it is time to look ahead to the trends that are likely to dominate the procurement world over the coming months. We will also take a look over our shoulder at what have been the biggest issues of 2022, and how these have shaped our perspective as we head boldly into 2023.

article thumbnail

The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

article thumbnail

Five Formidable Transportation Challenges Facing Shippers

Supply Chain Brain

Shippers need help with forecasting, strategy and carrier relationships just to stay afloat. Here are five key transportation concerns keeping them up at night.

article thumbnail

Things CPG Shippers Should Consider When Running Bids

Zipline Logistics

Article written by Brini Chisenall, FreightWaves. It’s no secret that the process of moving freight has many moving parts. Within that lies the bidding process — the very beginning part and one of the most important. There is plenty of variability in how the bidding process rolls out. Generally speaking, it consists of shippers gathering bids from asset-based and non-asset-based potential transportation partners.

article thumbnail

Five Formidable Transportation Challenges Facing Shippers

Supply Chain Brain

Shippers need help with forecasting, strategy and carrier relationships just to stay afloat. Here are five key transportation concerns keeping them up at night.