Remove Eliminating Excel in Purchasing Remove Metrics Remove Predictive Analytics
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Machine Learning in Demand Planning: How to Boost Forecasting

ToolsGroup

This advanced analysis allows businesses to predict promotional lift with unprecedented accuracy, ensuring optimized production schedules and inventory positioning through sophisticated supply planning. However, todays business environment often involves complex, overlapping seasonal patterns affected by multiple variables.

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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. However, these solutions use data analytics, automation, and predictive modeling to streamline operations, enabling procurement teams to make faster and more informed decisions.

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Writing: Working on My Book

Supply Chain Shaman

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. Which metrics do you think matter to supply chain excellence? I am behind.

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Value Chain Planning and Decision Making in Times of Disruption (Part 2)

DELMIA Quintiq

Part 2 in the series explores the “analytical scenario exercise” and how decisions based on certain scenarios heavily impact each aspect of the value chain. Ultimately, what KPIs, as metrics and indicators derived from the set of plans are taken into account and prepared for each scenario. Technology for Effective Planning.

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What Today’s Modern BI Systems Do That Legacy Reporting Tools Can’t

Silvon Software

Analytics and business intelligence (BI) are no longer optionaltheyre essential. Modern platforms pull data from a wide array of sources: ERPs, relational databases, Excel files, cloud apps, third-party providers, and beyond. Think of it as the central nervous system of your analytics ecosystem. Why does that matter?

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Top Supply Chain Challenges for CPG companies in 2023

Logistics Viewpoints

The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable. Big data is used to understand a customer’s propensity to buy, the tendency to return, conversion of clicks to orders, demand sensing signals, individualized promotions, etc.

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Supply Chain Efficiency: A Deep Dive into the Core Drivers

RFgen

We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency. An efficient procurement process optimizes vendor selection and purchasing decisions to maintain cost-effective inventory levels.