Remove Eliminating Excel in Purchasing Remove Innovation Remove Inventory Management
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Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

At the session, we discussed why companies have not made more progress on inventory management. I was speaking to a frustrated CFO last week that said, “If I had 1% of the money spent on technology to improve inventory management, I would be a rick man.” Most planning happens in Excel Spreadsheets.

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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires. Probabilistic demand forecasting, in contrast, provides a full probability distribution, revealing actual purchasing patterns and enabling inventory planners to align stock levels with demand realities.

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Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

Supply chain excellence is easier to say than to explain. The company transitioned from an innovator in the 1990s to a late adopter in the last decade. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. The reason? My learning?

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HWI Unleashes Continuous Innovation

Logistics Viewpoints

They view their implementation of a tightly integrated suite of applications delivered in a public cloud infrastructure from Oracle as a platform on which they can build to help drive continuous innovation. HWI uses an innovative way to produce and deliver monolithic products in 55-pound bags. HWI employed a crawl-walk-run methodology.

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Supply Chain Resilience. Really?

Supply Chain Shaman

I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. Of the twenty companies interviewed, only one can answer the question, “Do you have a good inventory plan? Maximize the value of the purchase order flow data already in the existing networks. (A

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What are Digital Twins and How Can They Drive Warehouse Efficiency?

Logistics Viewpoints

Specifically, through modeling and simulation of a digital twin you’re able to ‘virtually try before you buy’ — modelling different scenarios quickly and easily without interrupting operations, or committing significant time and capital. Do they purchase a 3D warehouse simulation and modeling tool?

Modeling 307
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Adopting Supply Chain Efficiency Through Shopify CRM Integration

SCMDOJO

Enter companies like DigitalSuits, a high-tech Shopify development and e-commerce agency that leverages technology and innovation to build end-to-end solutions. Today, their functionality has increased, and businesses are leveraging CRM systems for demand forecasting, buyer behavior analysis, and more intelligent inventory management.