Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.

Supply Chain Software 52

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

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Enterra Insights

OCTOBER 26, 2022

Keeping up with and making sense of all this data is far beyond the capabilities of traditional analytic methods. The staff at Predictive Oncology explains, “Machine learning and artificial intelligence (AI) are no longer the concepts of science fiction — they’re a $1.41 ”[1].

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

ToolsGroup

SEPTEMBER 15, 2015

Lora Cecere, founder of Supply Chain Insights, noted in a recent webinar that a common outcome of these failed implementations is that supply chain organizations end up in “Excel ghettos where lots of people are touching data but not improving it.”. Supply chain planning software selection demands a data-driven approach.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 120

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

ThroughPut

APRIL 30, 2024

That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Strategically, it provides Chief Supply Chain Officers (CSCOs) with insights into how each decision affects the company’s finances.

Supply Chain Planning Software 52

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

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. This can include examining everything from inventory management and order fulfilment to warehousing, delivery, and customer service. Optimizing inventory can also be achieved by leveraging technology and data analytics.

Inventory Reduction 104

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 104

Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Or as Boyle noted, machine learning can be used to predict consumer behavior. ”[2].

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Vanguard Software

JUNE 8, 2021

Consumers have come to expect companies to provide a wider variety of products, readily available for purchase and at the best price. Companies that produce cleaning supplies and disinfectants felt the strains of high demand, while others were left with excess inventory as markets for non-essential items plummeted. Scenario Planning.

Modeling 52

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

ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. As such, optimally managing your sales and inventory at Kroger is essential to grow your brand and solidify its foothold with the end consumer.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. Demand forecasting is the process of predicting future customer demand for a product or service. What is Demand Forecasting? What are the Benefits of Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Unleashed

MAY 19, 2020

Now it’s getting tougher – the craft brewing business has so many more breweries starting up and you need to compete smarter in this growing market, think about your customers more efficiently and focus on how to actually track and trace everything you need to make your beer. How many due to production failures? Customer service.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

Unleashed

MAY 15, 2023

From targeted email campaigns to inventory management integrations, we’ll outline how you can develop strong B2B CRM strategies to improve business performance and achieve predictable growth. Looking for a complete CRM + inventory management solution? That’s where a quality CRM system comes in. What is a B2B CRM?

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

BlueYonder

JANUARY 31, 2023

Salim: Our automotive customers are increasingly looking at how to counter inflation but at the same time how to enable supply chain resiliency. The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers.

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

Elementum

FEBRUARY 7, 2024

This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Shaman

JUNE 2, 2020

Instead, all of the disruptions to date had a predictable pattern: a devastating blow, a set of shock waves, and the re-establishment of a new normal. The supply chain response will need to be a local-focused program using analytics to sense shifts market-by-market based on consumption data. The answer is advanced analytics.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 264

Zipline Logistics

JULY 27, 2021

Although the holiday season might seem distant, retailers begin pulling forward inventory in preparation for it starting sometime in mid-August. A strong holiday season is rolled into this prediction and is a source of substantial revenue for retailers and CPG shippers alike. This busyness typically runs through the end of the year.

Vendor Strategies 52

Vendor Strategies Optimal Sourcing Sourcing Strategies Cost Reduction Strategies 52

ThroughPut

MAY 1, 2023

or the planners who are managing super-complex supply chains that include everything from your tiered suppliers, inventory to logistics and sales, the pressure has literally gone through the roof. If not, how do we get there? Are we able to intuitively align inventory to match demand? If not, how to gain more visibility?

Supply and Demand 52

Supply and Demand Demand Management Modeling Demand Planning Software 52

ShipBob

SEPTEMBER 29, 2021

From managing inventory flow to ensuring that customers receive shipments on time, retail logistics streamlines the different stages of your ecommerce supply chain to keep your business running smoothly. In this article, you will learn the ins and outs of retail logistics and tips on how to improve your logistics management process.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

Precoro

NOVEMBER 7, 2022

Keep reading to find out the key differences between direct and indirect procurement, how their strategies differ, and how to control spending for both. What different products or services does the staff need to purchase in order to produce pizza? Typically, direct purchases are made in large quantities to get a bulk discount.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

ThroughPut

OCTOBER 7, 2022

After all, most of these business functions were created for a very different era where any change was predicted earlier and absorbed easily. Understanding and predicting demand in unpredictable times. Most manufacturers prefer to leverage analytics data over traditional forecasting and time series techniques.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Unleashed

AUGUST 28, 2022

Inventory management is one of the most practical applications that maximise the capability of existing programs, diving into the nuts and bolts of a manufacturing operation. What is spare parts inventory management? There are a few terms in spare parts inventory management to unpack.

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97

ThroughPut

JULY 6, 2021

Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves? Understanding and predicting demand in unpredictable times . Reshaping the manufacturing world to meet new demands.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Enterra Insights

MARCH 9, 2021

To make this point, Fretty points to a number of questions manufacturers must address in the new digital landscape: How do you collect data? How do you make decisions using analytics? How can you continuously predict failures or ways to take advantage of opportunities, and then actually optimize? They include: 1.

Supply Chain Planning Software 130

Supply Chain Planning Software Industrial Industry Supply Chain Design Software 130

ThroughPut

MAY 13, 2022

But what if you could predict demand early enough to plan for, manage, and make the most of it, always? Therefore, demand forecasting is the process by which demand planners predict the demand for a given product in a week’s, month’s, or even a year’s time. Because the truth is that you can. Not just that, there are many ways to do it.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ThroughPut

MAY 13, 2022

But what if you could predict demand early enough to plan for, manage, and make the most of it, always? Therefore, demand forecasting is the process by which demand planners predict the demand for a given product in a week’s, month’s, or even a year’s time. Because the truth is that you can. Not just that, there are many ways to do it.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Enterra Insights

JUNE 15, 2020

For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost. Consumers will purchase more and more goods and services online. ” 10. ”[4].

Columbus 100

Columbus Supply Chain Planning Software Modeling Software Predictive Analytics Software 100

Arkieva

JUNE 21, 2016

Our definition of Sales Inventory and Operations Planning (SiOP) at Solventure contains the following steps: Customer-product segmentation. They create excess inventory which is consuming cash and sometimes scarce capacity. How to ensure their buy-in? Where and how to use statistics? Inventory management.

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Planning 66

TMC

JUNE 17, 2020

Additionally, customers have more choices than ever, so a poor experience could result in their decisions to purchase from competitors. When captured correctly and connected to advanced capabilities like predictive analytics, machine learning, and IoT, this information can unlock powerful insights to your business.

Supply Chain Software 62

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Resource Reduction 62

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Here we look in detail at how and why reverse logistics is important for retailers and manufacturers, covering the questions: What is reverse logistics? Consumers are shopping online more and more.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Supply Chain Shaman

JANUARY 8, 2014

Which metrics do you think matter to supply chain excellence? Total Delivered Cost means capturing the end-to-end cost of the global operation: inbound freight, material purchases, inventory losses, yield losses, internal and external manufacturing, distribution, inter-facility freight, outbound freight, overhead, duties, taxes, tooling, etc.

Procurement Analytics 262

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 262

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Or to move from predictive analytics to prescriptive/cognitive capabilities to sense/learn and act?

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

CH Robinson Transportfolio

JUNE 17, 2020

Additionally, customers have more choices than ever, so a poor experience could result in their decisions to purchase from competitors. When captured correctly and connected to advanced capabilities like predictive analytics, machine learning, and IoT, this information can unlock powerful insights to your business.

Supply Chain Software 44

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Optimization 44

Requis

MAY 22, 2020

In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Years ago, I knew that information sharing and the whole supplier-purchaser relationship is one of the most important things in supply chain (I talked about it in Introduction to Supply Chain Management in 1999).

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

BlueYonder

MAY 27, 2014

So how can retailers embark upon this journey to customer centricity? The answer lies with predictive analytics, which uses statistical modeling to analyze past and current data sets to predict future outcomes at the most granular level. Gut feel” or traditional demographics or store-based approaches must be jettisoned.

Optimal Sourcing 66

Optimal Sourcing Retail Modeling Purchasing Skills 66

Arkieva

JANUARY 6, 2017

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

Inventory Reduction 62

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 62