Logistics Bureau

DECEMBER 4, 2023

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. The company has recently increased the system’s efficiency by integrating its Kiva robots into the mix.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. ” Her answer was telling.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Logistics Viewpoints

SEPTEMBER 20, 2022

This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. This is how composable systems work. Step 2 – Getting Smarter.

Supply Chain Planning Software 197

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 197

Supply Chain Shaman

JULY 25, 2021

Implementation of Sales Forecasting. The focus on sales forecasting started shortly after Y2k. Few companies measured the impact on error and bias through the rigor of Forecast Value Added (FVA) analysis. While the input from sales on market trends is invaluable, sales should never be asked to forecast. The reason?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

FEBRUARY 16, 2024

General AI is a self-learning form of artificial intelligence based on language processing to learn across systems. Additionally, the tight integration of ERP to APS (Advanced Planning) makes the system nervous and throws supply chain results out of balance, increasing the bullwhip impact. Not a good thing.) Batch interfaces are slow.

Supply Chain Planning Software 408

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 408

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The initial software product release name was Real-Time Forecasting. DS replaced rules-based forecast consumption with better math (statistics and pattern recognition).

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

FEBRUARY 14, 2022

At the time, I was fascinated how the most mature teams bucked the system. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Tight coupling of the supply chain forecast to the financial forecast will improve value. Sales and Operations Maturity Model from 2005-2008.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. I forecast that this interest will grow and the market is going to become more confusing. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Kinaxis Purchase of Rubikloud. The Rubikloud acquisition was a $60M cash purchase.

Supply Chain Design Software 334

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 334

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. We started the conversation with sourcing. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency. Less Collaborative.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

JUNE 21, 2023

The company’s focus on item proliferation resulted in 40% of items moving into a non-forecastable category. Since the company does not measure forecastability, the team continued to use traditional methods for forecasting, increasing the bullwhip effect and driving internal supply chain disruption.

Gartner 391

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 391

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. We started the conversation with sourcing. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 147

Kinaxis

AUGUST 24, 2015

It never ceases to surprise me when I hear how many enterprises entrust a mission-critical task to the desktop spreadsheet software Excel®. Consider the Supply Chain Insights report, Research in Review (Nov 2014), that states: “Many companies have five to 30 Enterprise Resource Planning systems and two to three supply chain planning systems.

S&OP 100

S&OP Supply Chain Planning Software Supply Chain Design Software Forecasting Software 100

Logistics Viewpoints

OCTOBER 31, 2022

Among other things, ZF manufactures electrified powertrains, car chassis technology, active and passive safety systems, and advanced driver assistance systems. ZF transforms those purchased products into over 2,000 products. This visibility to inbound shipments is married to ZF’s production system.

Agile and Lean Supply Chain 202

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 202

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. Acquiring and consolidating data can be a formidable task, however, especially when data is scattered across different systems and formats.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. The supply chain is a complex non-linear system. The budget is not sufficient and is often a detrimental input for supply chain forecasting.

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

ThroughPut

APRIL 6, 2020

This keeps them from creating smooth, synchronized and responsive supply chain plans to achieve the desired operational excellence. The next step is demand management which is the process of forecasting or predicting the future demand to ensure goods and services can be accurately delivered based on the needs. Demand management.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

This keeps them from creating smooth, synchronized and responsive supply chain plans to achieve the desired operational excellence. The next step is demand management which is the process of forecasting or predicting the future demand to ensure goods and services can be accurately delivered based on the needs. Demand management.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. They do not excel in planning or forecasting.

Procurement Analytics 374

Procurement Analytics Optimal Sourcing Metrics Supply Chain Planning Software 374

Vanguard Software

SEPTEMBER 7, 2021

The effects of the COVID-19 pandemic are still felt around the globe, wreaking havoc with years of hard work put into supply chain planning systems, processes, and workflows. Four Reasons to Break Up with Excel and Move to Digital Supply Chain Planning. So, too must we re-evaluate what it means to have a lean supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Predictive Analytics Software Demand Planning Software 52

Logility

JANUARY 22, 2019

Planners need to contend with inconsistent consumer buying behavior, the need to satisfy multiple channels, complex sourcing options and proliferating “sub-seasons,” collections and assortments. It is quite common to create a long-range forecast that can stretch out 12 to 36 months.

Supply Chain Design Software 113

Supply Chain Design Software Apparel Supply Chain Design Supply Chain Planning Software 113

SYSPRO Smarter ERP

APRIL 4, 2024

The good news is that an ERP system with a focus on planning and shop floor management can help to make sense of a complex environment and help to manage these competing demands on the business via a comprehensive operations plan. This requires the sales, production, and purchasing functions to work together to manage demand effectively.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Supply Chain Planning Software Supply Chain Design Software 52

Logility

MAY 25, 2023

Many companies prioritize forecasting and inventory management but often neglect the efficiency of the stock that’s on hand. 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.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

Resilinc

FEBRUARY 20, 2024

In our Q&A, Shahzaib discussed predictive AI, which is used for supply chain disruption monitoring, hurricane simulators, commodity predictions, supplier screening, and predictive purchase orders. Shahzaib also touched on Generative AI, which is used in Resilinc’s supply chain disruption alert system, EventWatch AI.

Predictive Analytics Software 90

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 90

ThroughPut

FEBRUARY 2, 2024

This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment. Blind vs. Clear Demand Forecasting Without Advanced Analytics: It’s hard to predict what customers will want. is advanced supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Supply Chain Shaman

MAY 18, 2019

Dependency on Excel. Due to the shortfalls in the evolution of Advanced Planning, 68% of business users use Excel spreadsheets as the primary mechanism for planning. Excel–while widely used for planning–is not equal to the challenge of modeling complex supply chains. Don’t rush to buy. The result?

S&OP 186

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 186

Logistics Viewpoints

MARCH 1, 2021

The prevalence of smoking is going down, but the world’s population is increasing; the net result is that the forecast for the number of smokers is essentially flat in 2025 as compared to 2010. We needed to simulate multiple scenarios of significantly increased capacity and sourcing complexity, at speed and over a long planning horizon.

Modeling 181

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 181

Supply Chain Shaman

OCTOBER 8, 2017

On one extreme, there is an argument that forecasts are always wrong, “Why do them at all?” ” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I do believe in demand planning, but most companies overstate forecast improvements.

Supply and Demand 161

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 161

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. For example, should customer sentiment data feed into quality systems?

Supply Chain Design Software 150

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

ThroughPut

FEBRUARY 23, 2024

12 Key Supply Chain AI Use Cases Supply chain AI Use Case 1: Demand Forecasting Market instability is the Achilles heel of demand forecasting right now. And the effect of inaccurate demand forecasting is felt across the supply chain. Just about everyone in the supply chain gets negatively impacted by wrong forecasts.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

SupplyPike

MAY 14, 2020

The importance of supply chain management What to watch while consumers are panic buying How to implement supply chain management Supply chain management and Walmart. In the case of online shopping, consumers expect excellent service, on-time supply, and convenient return procedures for unacceptable items. Learn about.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98

Kinaxis

JUNE 24, 2015

At the beginning, about a month after I had placed a large purchase order I was approached by accounting. It turns out that the supplier didn’t acknowledge the price and invoiced differently than the purchase order. Full representation of the supply chain in one system. Flow of data to and from the ERP data source.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Forecasting Software Demand Planning Software 100

Supply Chain Shaman

SEPTEMBER 30, 2014

Source Wikipedia. Consumers want to shop anywhere, and buy in the way that they want to buy. As things change there is no system of record. …there is not substitute for an accurate PI signal in supply chain excellence. Additionally, get good at forecasting. In the 1990s suppliers had channel power.

Optimal Sourcing 304

Optimal Sourcing Forecasting Forecasting Software Supply Chain Network Software 304

Alloy

FEBRUARY 4, 2024

Each system offers sellers access to additional insights. It gathers and stores a tremendous amount of data from various sources, including customer transactions, loyalty card data, online interactions, and market trends. The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Without an effective system in placing for managing raw materials inventory , there’s a good chance you will end up overstocked – and pay extra in storage costs – or understocked and unable to produce goods when you need them.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Shaman

AUGUST 26, 2015

As the markets plummet, it is time to remind ourselves that demand is not a forecast. Traditional forecasting approaches are not adequate in a time of market volatility. In the real world, companies operate with a Mean Absolute Forecast Error of 24-60%, and have a bias of 9-40%. Markets drive supply chains. Denial reigns.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

ThroughPut

MARCH 28, 2024

Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. AI powers predictive analytics where trends, preferences and purchasing behaviors are analyzed in-depth that help companies store the right product mix. All for the good.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52