Supply Chain Matters

JANUARY 21, 2023

The Ferrari Consulting and Research Group announces that our latest Research Advisory, 2023 Predictions for Industry and Global Supply Chains is now available for reading. In a prior five-part series of commentaries hosted on Supply Chain Matters , we have provided snapshots of five of our ten predictions for 2023. All rights reserved.

Predictive Analytics 52

Predictive Analytics Predictive Analytics Software Supply Chain Planning Software Global 52

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

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. The digitization of supply chain processes, the use of big data analytics, and the emergence of technologies like blockchain and artificial intelligence have revolutionized supply chain operations.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

NC State SCRC

FEBRUARY 20, 2023

Supply chain partners have been using EDI , a standard electronic format, to share data and transact business for more than sixty years, and it continues to evolve. Ordering a new car meant hearing the salesperson blabber on about electronics shortages causing their low inventory. And it’s good one!

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

Enterra Insights

JULY 31, 2019

Much of that “paperwork” is now done electronically, which is why consultants are increasingly touting the benefits of the digital supply chain. As more transactions become electronic, digitization is inevitable. ” This begs the question: Is the digital supply chain about digitization or digital transformation?

Supply Chain Planning Software 100

Supply Chain Planning Software Analytics Software Supply Chain Software Predictive Analytics Software 100

Enterra Insights

OCTOBER 1, 2019

Kearney, explain, “Today’s most digitally advanced supply chains still try to predict what will happen, then optimize performance against plan. The problem is, the world is not predictable.”[3] I want to focus on one such activity: analytics. ” She rhetorically asks, “Is this right?”

Supply Chain Transformation 100

Supply Chain Transformation Supply Chain Planning Software Supply Chain Optimization Gartner 100

Logistics Viewpoints

MAY 24, 2021

Cardinal Health sources products globally and distributes those pharmaceutical and medical supplies in the United States through their network of distribution centers. But then the goods arrive at a port, the time it takes to dock the ship, unload the ship, and move product in and out of a terminal is where the predictability breaks down.

Real-time Visibility 138

Real-time Visibility Agile and Lean Supply Chain Pharmaceutical Optimal Sourcing 138

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

Arena Solutions

JUNE 9, 2022

In my opinion, you need to make sure you have the right product design in place at the right level so it can be sourced, it can be built, and it can be shipped. “Many companies start with logistic processes or managing enterprise resource planning,” said Fleckenstein. “In How does digital transformation benefit EV companies?

Optimal Sourcing 97

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 97

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. electronics). Data analytics provides actionable insights to save time, effort and cost. Edge Computing and Analytics.

Supply Chain Software 135

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

RFgen

MAY 26, 2023

Certain products, like food or sensitive electronics, risk expiration or obsolescence. 5 Ways to Reduce an Outsized Inventory READ NOW » The Art of Balancing Inventory: Stockouts vs. By analyzing historical sales data, market trends, and seasonal variations, you can better predict future demand and adjust inventory levels accordingly.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

In 2017 I also assumed responsibility for Field Services and in 2019 Data Excellence & Analytics embracing digital transformation driving our Tailored, Sustainable and Connected 4.0 We are faced with continued supply chain constraints, i.e. electronics and plastics – in the upstream supply chain.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Supply Chain Matters

MARCH 10, 2022

Highlights included highlights of the project44 acquisition of Ocean Insights , the planned IPO of autonomous trucking tech firm TuSimple , the $150 million added funding round of Locus Robotics , and the coming together of two supply chain risk assessment firms Resilience360 and Risk Pulse under the rebranded name of Everstream Analytics.

Supply Chain Planning Software 52

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

Logility

MAY 25, 2023

Defining Inventory Control Inventory control, often interchangeably used with inventory management, is a systematic approach to sourcing, storing, and selling inventory—both raw materials and finished goods. Logility uses sophisticated algorithms and predictive analytics to pinpoint these elements with precision.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

Enterra Insights

OCTOBER 6, 2020

“Enormous volumes of data processed from numerous internet-connected sources.” Smart homes are able to leverage appliances, lighting, electronic devices and more, learning a homeowner’s habits and developing automated ‘support.’ ” Cognitive technologies and IoT. ” 2. Smart Home. Smart Industry.

Industrial 100

Industrial Industry Internet of things Analytics Software 100

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Forecasting Demand.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Supply Chain Matters

AUGUST 30, 2023

Redwood has indicated a commitment to solving the ability to source battery anode and cathode components in the United States and producing them from an increasing amount of recycled content. According to the announcement , this start-up aims to develop breakthroughs in Generative AI , Large Language Models and Business Analytics.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Analytics Software 59

Enterra Insights

MARCH 3, 2021

.”[1] He describes the IoT this way: “It is the network of physical objects, whether in terms of devices, vehicles, buildings or even humans, which are embedded with electronics, sensors, and software and network connectivity. ” He left out one of the most important parts of the IoT ecosystem: analytics.

Internet of things 113

Internet of things Supply Chain Network Software Predictive Analytics Software Supply Chain Planning Software 113

Enterra Insights

JANUARY 29, 2019

They still rely on paper-based, manual processes; they lack electronic connectivity with most of their trading partners; their data quality is still poor (inaccurate, incomplete, and/or not timely); and they have failed to modernize their IT systems.” ” Not all companies are laggards. . Footnotes. [1] 5] Michael C.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Analytics Software 100

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How can you use electronic payment methods to get better terms?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

SCMDOJO

AUGUST 5, 2023

From bulk goods like grains to break-bulk items such as electronic appliances, or unit loads like packed goods on pallets, warehouses handle a diverse range of materials. Maximizing the Value of Data and Analytics Big data and analytics are playing an increasingly important role in warehouse safety.

Material Savings 74

Material Savings Warehousing Supply Chain Design Software Sourcing Strategies 74

GlobalTranz

JANUARY 18, 2017

In 2016, the use of X-ray fluorescence was deployed to help automakers identify abnormalities or verify exact composition of source materials, explains ThermoFisher Scientific. This allows manufacturers to create their source materials, and when an individual product or material is unavailable, an alternate supplier may be found more quickly.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Software Optimal Sourcing Material Savings 120

ThroughPut

JANUARY 2, 2024

This includes manufacturers in the automotive, electronics, and aerospace fields and service providers within the healthcare and hospitality realms. Invest in advanced forecasting tools and techniques to predict demand more accurately. Moreover, numerous other businesses across a spectrum of sectors also leverage JIT.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Enterra Insights

JULY 25, 2019

“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.” ”[5]. Concluding thoughts.

Supply Chain Planning Software 100

Supply Chain Planning Software Gartner Supply Chain Software Manufacturing Procurement 100

DynaSys

MAY 31, 2021

source: GSMA Intelligence ) The total number of unique mobile users around the world grew by 97 million in the past 12 months. million new users every day (source: datareportal). Supply chain planners of the future will be analytical deal makers and brokers. Discover part one, Collaboration along the Supply Chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Analytics Software 52

Precoro

APRIL 6, 2022

These services include: Software; Analytics; Networking; Data storage; Servers and more. With procurement in the cloud, businesses can handle requisitioning, sourcing, and purchasing with ease. You can compare an electronic invoice with a receipt and purchase order in a couple of clicks. The Advantages of Cloud Procurement.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

ToolsGroup

MARCH 9, 2021

So your firm recently released a report of 2021 predictions and there’s a lot of great information in there. And because of that, when we- and we do predictions, we’ve done this since our inception in 2008 and we’ve had a traditional format for how we do our predictions. Bob Ferrari: Thank you, Mary.

Predictive Analytics Software 156

Predictive Analytics Software Supply Chain Planning Software Predictive Analytics Supply Chain Design Software 156

ShipBob

NOVEMBER 29, 2023

Automated reorder points You can predict when to reorder stock based on how many stocks you have in your inventory and what the demand forecast is. Advanced inventory analytics and reporting Is a particular product performing well? Answers to these questions and more can be answered by ShipBob’s inventory analytics software.

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Logility

APRIL 10, 2019

This exciting growth initiative recognized the need for comprehensive supply chain planning and was powered by Logility Voyager Solutions to provide one source of the truth to fuel better fact-based decision-making. The 10X Challenge. Success in the supply chain is based on four factors: people, process, technology and data.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply and Demand Optimal Sourcing Forecasting Software 100

Supply Chain Matters

MAY 9, 2023

The is especially pertinent in the zeal toward lowest cost supply chain sourcing decisions, regardless of broader business and ESG risks. The question is will such learning be internalized or whether some old ways and former thinking return. People have to be valued for the skills, ingenuity and insight they garner from advanced technology.

Supply Chain Planning Software 52

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

C3 Solutions

JULY 28, 2020

They are connected electronically via sensors that collect data like location, motion, temperature, light levels and so on. In 2015 predictions for IoT adoption were extravagant. The value of the IoT market in retail is predicted to jump from US$10 billion in 2017 to around $35 billion by 2024. The Internet of Things Explained.

Internet of things 78

Internet of things Retail Real-time Visibility Optimal Sourcing 78

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. What is likely to happen?

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. What is likely to happen?

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Supply Chain Matters

JANUARY 19, 2024

Founded in 2015, the Sayari platform integrates global corporate and supply chain data to surface risk insights for investigations, analytics, and supply chain risk management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52

SupplyOn

NOVEMBER 12, 2018

And so the potential problems continue: from delayed, lost or damaged items and uncertainties when goods are received through to errors in electronic invoices. Analytics allows you move from pure reaction to early prevention Solution – Part 1: Enhance the data The only way to achieve this is by means of data enhancement.

Supply Chain Planning Software 40

Supply Chain Planning Software Agile and Lean Supply Chain Data Logistics Network Optimization Software 40

GTG Technology Group

JULY 13, 2016

TMS solutions allow for automated reading and tracking as well as Electronic Data Interchange (EDI). Bad Predictions. In the past, it was left to experienced shippers and carriers to use their best judgment in predicting these scenarios. With advanced TMS solutions, detailed analytics step in to address this.

Predictive Analytics Software 36

Predictive Analytics Software Analytics Software Supply Chain Software Logistics Network Optimization Software 36

Freightos

MARCH 3, 2015

Over the past month, we’ve been posting supply chain predictions, brought to you by some of the most creative thinkers in the industry, including Joel Clum of CarrierDirect , Martijn Graat of LogisticsMatter.com and Steve Brady of Supply Chain Innovations Today. But first, some background. Why is this important?

Supply Chain Software 120

Supply Chain Software Gartner Innovation Supply Chain Optimization 120