Logility

JANUARY 26, 2024

However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. A significant challenge lies in the need for leaders to be educated on effectively leveraging AI.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

Supply Chain Shaman

MAY 1, 2023

The techniques to improve agility are improving data transparency/insights, use of attribute-based planning, design of push-pull decoupling points, pooling of inventory, and configure-to-order/make-to-order manufacturing. Educate on the importance of designing flows and aligning metrics. Low Volume but Predictable Items.

Inventory Reduction 270

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 270

Unleashed

NOVEMBER 20, 2023

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain. And you’d be right – they’re certainly a factor.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Supply Chain Shaman

SEPTEMBER 13, 2021

Trade-offs include options like an alternate bill of materials, a shift in sourcing, or the move to outsourced manufacturing. Fifty-six percent of manufacturing companies managed the first half of the pandemic well, while 44% struggled. Transportation and manufacturing reliability compounds supplier issues. Why Should You Care?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

The Logistics & Supply Chain Management Society

MAY 28, 2022

Educate Your Staff and Suppliers. A lack of education is often responsible for the slow adoption of sustainable practices, so creating internal training programs is essential. Long transportation times generally mean more carbon dioxide emissions, so switching to a local supplier can cut carbon emissions.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

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 demand latency for a semiconductor manufacturer is 180-220 days, while a chemical manufacturer has a latency of 150-280 days.

Supply Chain Design Software 195

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

GlobalTranz

JUNE 1, 2015

Customer expectations of reliable quality and rapid delivery forces today’s manufacturers to either shorten cycle times or lose business. There are multiple good models for lean manufacturing operations. Who Needs Lean Manufacturing? Sales forecasting information is insufficient. Production goals are rarely met.

Manufacturing Procurement 120

Manufacturing Procurement Waste Reduction Agile and Lean Supply Chain Inventory Reduction 120

OptiProERP

AUGUST 19, 2022

Throughput is the time it takes for a product to pass through manufacturing processes on a machine-by-machine basis for a defined period. Throughput is an essential KPI , and a lean metric, as it evaluates performance. It is key to understanding how your manufacturing team is doing. How Can You Increase Throughput?

Manufacturing 52

Manufacturing Resource Reduction Waste Reduction Expense Reduction 52

Supply Chain Shaman

NOVEMBER 14, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

QAD

JULY 28, 2022

While building an EV requires a significantly smaller manufacturing footprint than what an ICE vehicle requires, many EV manufacturers lack the business systems and connections to support their production. Episode #10: Maps & Metrics. ” Episode #7: Reflections of the Auto Supply Chain Prophets.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 95

Elementum

FEBRUARY 7, 2024

Enhancing Business Operations Logistics Management: AI-driven automation revolutionizes logistics by optimizing routing and fleet management, reducing costs, and forecasting disruptions, thus enhancing efficiency and customer satisfaction. Can you provide examples of digital process automation in different industries?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

ThroughPut

DECEMBER 6, 2023

.” Unlike diagnostic and descriptive analytics, which were designed to analyze situations after they happened, predictive analytics utilizes advanced data analytics techniques to forecast future outcomes. Time series forecasting focuses on predicting future data points based on past sequences.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Customer centricity is not about setting a company strategy through the forecasted demand of the product portfolio in the market. This challenge has contributed to the slowdown or cessation of production in some sectors (e.g.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Unleashed

MAY 22, 2022

Forecasting demand Forecasting demand is a key – perhaps the key – action you can take to scale your business and pre-empt supply chain problems. If your business is operating in different areas – perhaps different countries – it’s about refining your forecast to each of these. The lesson? Three Spirits’ solution?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 98

Enterra Insights

AUGUST 18, 2021

He observes, “The good news is that, given our research suggests a lack of understanding rather than a complete lack of interest, the industry redoubling its efforts to educate and inform manufacturers should be able to turn this situation around. It’s now up to IoT providers to ensure that manufacturers don’t get left behind.”[1]

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Supply Chain Shaman

NOVEMBER 29, 2015

” The first step is to get educated and learn the terms to have a new discussion. 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. As a result, companies closed manufacturing facilities.

Supply Chain Planning Software 0

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

Logility

DECEMBER 2, 2020

The topic of sustainability and being eco-friendly is discussed in K-12 education on a regular basis. Higher forecast accuracy supporting a mature S&OP process allows a company to hold less inventory, run more efficient plants, and improve transportation efficiency. have a much different focus on what it means to be eco-friendly.

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

Unleashed

MARCH 14, 2021

The food supply chain refers to the process of preparing a food product from start to finish: sourcing the raw materials and taking the food through a manufacturing process, through to the final packaging of the product, the sale to the customer and the final delivery. What is the food supply chain? How does the food supply chain work?

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

Supply Chain Shaman

AUGUST 3, 2016

While regional supply chain teams could focus on operational decisions–deployment, DRP/MRP logic, and finite planning/scheduling within manufacturing, and transportation routing–global teams must get good at tactical planning globally to drive synergies. This requires continue education. One Number Forecasting Is a Goal.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150

Logility

NOVEMBER 20, 2015

The topic of sustainability and eco-conscious is discussed in K-12 education on a regular basis today. To help prove my point, let’s take a look at three examples: distribution, forecast accuracy and scenario planning. ” At first, I didn’t know how to respond. See the connections?

Scenario Planning 101

Scenario Planning Supply Chain Planning Software Inventory Reduction Forecasting 101

Supply Chain Shaman

DECEMBER 10, 2018

As shown in Figure 1, the company now has sales of 6.1B$, manufacturers 40+ brands in 24 countries while selling products in 100 countries. Clorox Performance Compared to Competitors (Supply Chain Index is a relative metric of growth.). The problem was not contract manufacturing costs/efficiency. Reflections. Holistic Thinking.

Inventory Reduction 170

Inventory Reduction Cost Reduction Strategies Waste Reduction Material Savings 170

Supply Chain Insights

JULY 17, 2017

In fact, already we see initiatives led by both retailers and CPG manufacturers where this is happening. This will include training, of course, but old habits die hard, so there must be a component of education around how this new technology will change the way things are done. Go one step further, then.

Supply Chain Planning Software 110

Supply Chain Planning Software Supply Chain Design Software Analytics Software Forecasting Software 110

Requis

OCTOBER 30, 2020

Supply chain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supply chain experience. He provides a wide array of educational content for supply chain practitioners, including the Supply Chain Secrets channel on YouTube and a number of books, including his latest, Supply Chain Secrets.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

ShipBob

NOVEMBER 24, 2021

The role is highly collaborative in nature, as fulfillment managers work closely with customer service representatives, warehouse staff, carriers, manufacturers, suppliers, and other team members to ensure that service level agreements (SLAs) and customer expectations are met. Track key supply chain metrics.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Supply Chain Planning Software Optimization Software 52

Supply Chain Trend

OCTOBER 31, 2016

However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. As I worked for and was involved with various enterprises over my career, some manufacturing, some service related, retail, etc. Why do you think this is?

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

DiManEx

JUNE 5, 2019

Instead it’s “how can new manufacturing technologies help us solve an existing problem?” It also makes it easier to identify the metrics you want to improve and understand the foundation you need to build in order to scale. Provide training and educational resources. Provide data points to facilitate cross-functional alignment.

Pricing Training 70

Pricing Training Vendor Strategies Material Savings Resource Reduction 70

Talking Logistics

JULY 6, 2017

Predictive logistics will enable shippers and service providers to move away from educated guessing to data-driven decisions, based on cleanly structured data and highly accurate predictions. ” Picture having an accurate view of what will happen four or even eight weeks from now. This is the power of predictive logistics. .

Predictive Analytics Software 101

Predictive Analytics Software Logistics Network Optimization Software Forecasting Software Demand Planning Software 101

Supply Chain Game Changer

SEPTEMBER 21, 2021

The backbone of all long-standing philosophies such as Just-In-Time , Lean manufacturing, and Kanbans were all designed around minimizing the amount of inventory on hand in any Supply Chain. But it took a global pandemic to turn all of those paradigms and approaches on their heads. Inventory Management Headwinds.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Supply Chain Shaman

NOVEMBER 15, 2012

Based on the work I was doing on financial metrics, and studying the Supply Chain Effective Frontier, I was convinced that companies cannot effectively model the required trade-offs of good supply chain decision-making in S&OP using spreadsheets. She was a longtime educator and committed to helping people. Demand Side Testing.

Supply Chain Planning Software 265

Supply Chain Planning Software Modeling Software Forecasting Software Demand Planning Software 265

Kinaxis

APRIL 10, 2019

I define ERP in supply chain management as a tightly integrated series of software modules that all integrate back to the financial side of the business, because every business out there, regardless of make — whether they’re for-profit, nonprofit, manufacturing, whatever — has to report their financials to their stakeholders.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Planning Forecasting Software Modeling Software 149

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. There should be metrics involved to monitor these objectives to ensure success across the supply chain. These objectives are accomplished as follows: 1. Reduce Lead Time.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

ShipBob

DECEMBER 3, 2021

They also nurture external relationships with manufacturers, suppliers, freight brokers, vendors, and last-mile carriers, and work closely with these parties to consistently meet deadlines as cost-effectively as possible. Experience in analyzing metrics and data-driven decisionmaking. Ryan Casas, COO of iloveplum.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing 52

BlueYonder

JULY 30, 2019

They are young, well-educated, digital-native, and view work as a means to support their lifestyles. First, they must accurately forecast long-term staffing needs so they can hire the right people with the right skills, as well as redeploy and/or retrain existing staff, to meet expected demand.

Warehousing 55

Warehousing Supply Chain Software Supply Chain Planning Software Optimization Software 55

6 River Systems

JULY 25, 2019

Sebastian Jungels @seb_jungels Sebastian is a co-founder at KAPUA , an enterprise SaaS provider, where he helps companies to improve their forecasting accuracy and speed. So, my answer would be the single biggest supply chain problem is forecasting accuracy as part of S&OP. Here’s some research on this topic.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

6 River Systems

NOVEMBER 25, 2020

If you can use new technology to enhance communication with suppliers, manufacturers and more, you will have a tighter grasp on everything that is happening around your company. He has worked with 300+ clients in manufacturing, IS selection and implementation and project management. and Design 2 Part.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Waste Reduction Resource Reduction 52

SCMDOJO

APRIL 11, 2023

At a Glance: We’ll be discussing some of the best supply chain management online courses from around the world from some of the most renowned platforms in education and supply chain, including SCMDOJO, CIPS, Coursera, MITx etc. Highlight course offerings including the pros and cons of each mentioned course/program.

Supply Chain Design Software 114

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 114

BlueYonder

JULY 30, 2019

They are young, well-educated, digital-native, and view work as a means to support their lifestyles. First, they must accurately forecast long-term staffing needs so they can hire the right people with the right skills, as well as redeploy and/or retrain existing staff, to meet expected demand.

Warehousing 40

Warehousing Supply Chain Software Supply Chain Planning Software Optimization Software 40