BlueYonder

OCTOBER 21, 2021

For example, as consumers return to travel, they may not be able to find airport snacks. . When products are scarce, it becomes even more critical to create an accurate demand forecast, so you can match supply and demand in a way that optimizes both profitability and service levels. Demand forecasters and planners need to do better.

Forecasting 70

Forecasting Supply and Demand Forecasting Software Demand Planning Software 70

Logility

NOVEMBER 28, 2023

Yet, as supply chain innovators, we also know the rich history of applying technologies to continuously resolve these challenges and optimize S&OP outcomes. The transformation of planning, sensing, and forecasting A key area in the S&OP process where AI is particularly transformative is demand. AI can help with that.”

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Scenario Planning 130

Supply Chain Shaman

MARCH 27, 2023

For example, real-time planning, end-to-end planning, control tower, integrated business planning (IBP), and digital brain are oxymorons while discussions on innovation bounded by a required ROI is a juxtaposition. True innovation is never defined initially by a mandatory Return on Investment (ROI).) The goal of a forecast?

Supply Chain Planning Software 308

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 308

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Shaman

JUNE 21, 2023

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. For example, the Gartner Top 25 celebrates the accomplishments of Intel (active with Gartner), but in the analysis in Table 1, Nvidia Corporation and Taiwan Semiconductor (TSMC) clearly outperform Intel in the Semiconductor Industry.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

QAD

APRIL 11, 2024

As I discussed in a recent article in Food Logistics, it’s a powerful tool for predictive analytics, demand planning and business forecasting that shouldn’t be overlooked. Predictive analytics, demand planning and business forecasting have always been core functions for supply chain planners.

Predictive Analytics 72

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 72

Logistics Viewpoints

APRIL 22, 2024

Mike Carroll, a vice president at Georgia-Pacific, and Ron Norris, director of innovation at GP While Generative AI has sparked great excitement, a form of artificial intelligence called Causal AI might offer much greater potential. GP, for example, has also had success in demonstrating that Causal AI can solve difficult sourcing problems.

Georgia 225

Georgia Optimal Sourcing Modeling Modeling Software 225

Silvon Software

APRIL 18, 2024

Here’s a quick glimpse at how: Automated Data Integration : AI can automate the integration of data from multiple sources, recognizing and aligning similar data fields automatically. For example, recognizing that two different terms in separate datasets actually refer to the same concept (e.g., “DOB” DOB” and “Date of Birth”).

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 52

ToolsGroup

JANUARY 19, 2024

However, this time, the spotlight shifted from the promise of these innovations to their real-world applications on the sales floor. As an example, the current excitement around Generative AI is palpable, with its potential use cases continually expanding.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Optimization Software Forecasting Software 156

American Global Logistics

SEPTEMBER 12, 2023

In today's rapidly evolving business landscape, innovation has become a key driver of competitive advantage. This article explores the importance of innovation in supply chain management and highlights key areas where innovation can revolutionize traditional practices. Recycling and reuse lend themselves to innovation.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

ToolsGroup

SEPTEMBER 18, 2023

Read on for her insights on 2024 supply chain trends, innovation, and women in the workplace. High interest rates and inflation impact the disposable incomes, reduce sales forecasts sharply, and contribute to the extensive pressures on working capital. What key challenges and trends will affect supply chains going into 2024?

Gartner 296

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 296

ToolsGroup

JULY 6, 2023

ToolsGroup has a long history of innovating with our customers in mind. FeaturedCustomers 2023 Market Leader in Demand Forecasting Software MAY 2023 – FeaturedCustomers has named ToolsGroup a Market Leader in the Demand Forecasting Software category in its Spring 2023 Customer Success Report.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow. Technology invention is happening, but the translation to innovation is slow.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

BlueYonder

SEPTEMBER 25, 2023

Following ICON 2023 in Las Vegas, Blue Yonder’s Chief Product Office Gurdip Singh shared the key product innovation takeaways from the event during a Blue Yonder Live session. He shared his views on how to apply innovations to solve deep-rooted supply chain challenges and insights into the $1 billion investment in research and development.

Supply Chain Planning Software 101

Supply Chain Planning Software Optimization Software Forecasting Software Predictive Analytics Software 101

Supply Chain Shaman

SEPTEMBER 5, 2022

In nine out of ten supply chain planning systems that I test, I find that companies have a negative Forecast Value Added level. To put this in perspective, if they had no planning system and no planners and just assumed that they would ship based on prior shipments, the forecast would be better, and the inventory levels more accurate.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Resilinc

DECEMBER 20, 2021

The controversy has led Tesla and others to use blockchain technology to ensure (and prove to human rights groups) that they use only ethically sourced cobalt. GM, for example, has partnered with MP Materials to supply REE from the company’s Mountain Pass rare earth mine in California.

Sourcing Strategies 62

Sourcing Strategies Sourcing Material Savings Automotive 62

Supply Chain Shaman

NOVEMBER 21, 2018

In this push, Oracle, SAP and INFOR became revenue market leaders in APS, but under-served the market in the delivery of innovation. As shown in Figure 2, fewer and fewer companies are innovators (38%) and the skill level in the consulting market is lower than the past decade. 2) Forecast Value Added. Sadly, it did not.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

ToolsGroup

SEPTEMBER 20, 2022

Kuznetsova is among the supply chain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supply chain network. BOSTON — Sept. Her success as a leader both reflects and propels women’s advancement not just in supply chain, but in the professional world in general.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 156

Supply Chain Shaman

JULY 25, 2021

Let’s start with honesty and a focus on process innovation. 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. Few measured projects against improved results.

Procurement Analytics 370

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

Logility

OCTOBER 22, 2020

Among other aspects of a modern-day business, forecasting has become more complex, with many firms striving to incorporate product, pricing, discounts, channel, and other available data to improve accuracy. Machine learning forecasting is very fast, allowing a company to generate hundreds of thousands of SKU-level forecasts in minutes.

Supply Chain Planning Software 182

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimal Sourcing 182

SCMDOJO

APRIL 24, 2024

One interesting fact is that companies that adopt digital transformation and supply chain innovation can expect operational cost savings of up to 30%, according to a recent McKinsey study. Companies can achieve remarkable levels of demand forecasting accuracy with AI forecasts and even ghostwriting services can do that.

Optimal Sourcing 54

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 54

AIMMS

SEPTEMBER 10, 2018

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 224

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 224

AIMMS

SEPTEMBER 10, 2018

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 206

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 206

ToolsGroup

OCTOBER 20, 2015

Source: Supply Chain Digest. Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. Source: Lennox. What does it take to create an award-winning supply chain?

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 120

DELMIA Quintiq

DECEMBER 14, 2021

Source: [link]. The United States, for example, wastes about 40% of their food , amounting to about 125 to 160 billion pounds—much of which is perfectly edible. By creating greater transparency throughout food supply chains, manufacturers can identify where the wastage happens and solve the problem at the source.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

ToolsGroup

OCTOBER 10, 2022

Unreliable Forecasting. Getting the forecast right is still challenging for many supply chains. Industrial manufacturers with large product portfolios or aftermarket parts mixes, for example, face unique supply chain planning challenges including lots of slow moving products. Rising Costs of a Tight Labor Market.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

The Logistics & Supply Chain Management Society

MAY 28, 2022

While it’s undeniably important to source products responsibly and produce recyclable or reusable products, companies also need to focus on making the transportation and distribution of products more sustainable. as an example, we see that 7% of the U.S.’ Ensure Your Materials Are Ethically Sourced.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Seen optimistically, this challenging trade environment is a catalyst for a slew of innovative measures and creative tactics to mitigate tariff costs – although one could argue that supply chain optimization from a cost and performance perspective is something that firms should already be doing on an ongoing basis. This practice is illegal.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Shaman

SEPTEMBER 10, 2020

For example, Campbells Soup is struggling to keep up with the demand for soup, potato chips, and cookies. While many companies attempt to improve the response by being reactive on traditional data sources, this is not the answer. As companies move through these steps they will start to knock on the doors of technology innovators.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

AIMMS

SEPTEMBER 10, 2018

It’s an exciting era for retail as companies continue to focus on creating and providing a great experience for their customers, while driving innovation and market share. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 156

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 156

Logistics Viewpoints

JULY 6, 2021

Thanks to demand planning innovations, supply chain planners are detecting potential demand spikes before they become global phenomena – even when that data comes from outside sources, like TikTok or Google Trends. Brands don’t have to wait for empty shelves to take action, though.

Supply and Demand 162

Supply and Demand Modeling Demand Planning Scenario Planning 162

BlueYonder

JANUARY 8, 2024

This current complexity represents the culmination of decades of supply chain evolution, aligning with new innovations, changing customer expectations and a growing understanding of environmental concerns. For example, calculating carbon output and fuel cost savings of transport options, including not just the route but the vehicle itself.

Optimal Sourcing 80

Optimal Sourcing Modeling Waste Reduction Supply Chain Planning Software 80

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Let’s illustrate cultural touch points with some examples. Stock Outs.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Logistics Viewpoints

MARCH 8, 2021

Mr. Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supply chain responsibilities than just sourcing. Forecasting beauty products, which are susceptible to a broader sense of what is in or out of fashion, is difficult. Further, forecasting became more difficult.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

BlueYonder

DECEMBER 19, 2023

In this blog, we’ll walk you through the key steps you should take to increase supply chain resilience and profitability by shifting to the cloud and taking full advantage of the technology innovation available today. You also gain the ability to consume innovation faster and cheaper. No more cliff events.

Modeling 103

Modeling Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 103

Enterra Insights

JANUARY 18, 2024

Anders Billesø Beck , Vice President of innovation and strategy at Universal Robots, explains, “2023 was an exciting year for innovation. For example, in our recent research, we found that nearly two out of three IT workers are concerned generative AI will take their jobs in the next five years. ” AI Regulation.

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. For example it has been used to: Diagnose breast cancer with the same accuracy as radiologists when given mammograms that show signs of cancer. It uses a predictive model of AI called “time series forecasting.”

Predictive Analytics Software 97

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 97