ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

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

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

ToolsGroup

OCTOBER 13, 2015

This is a compilation of predictions and recommendations from various presentations. They see the highest spending priorities in e-commerce software, supply chain optimization and cost analytics. Cognitive learning and analytics – Burkett predicted that cognitive or machine learning will have a big impact on supply chains.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 120

Supply Chain Shaman

DECEMBER 27, 2022

It combines robotics, analytics, and the Internet of Things (IoT). McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I For example, I am working with a client that has deployed Ariba from SAP, GT Nexus from Infor, Everstream, and Project 44.

Supply Chain Software 393

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 393

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. On the other hand, optimized inventory levels can enhance it. Next is the cost of storing the inventory.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

ThroughPut

DECEMBER 22, 2023

In this article, we go a step further to show you why it might be time to empower plant managers with supply chain analytics. They touch every part of your business and supply chain, from customer satisfaction to team morale, and even your ability to grow and innovate. Why are bottleneck operations vital for supply chains? Not so much.

Resource Reduction 52

Resource Reduction Expense Reduction Cost Reduction Strategies Inventory Reduction 52

Silvon Software

AUGUST 8, 2022

Plus, changing consumer behaviors and demands are leading businesses to adopt newer technologies and innovations so they can adapt and evolve at a faster rate. To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Logistics Viewpoints

MAY 11, 2023

In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Inventory management Another area where digital twins can be beneficial is inventory management.

Modeling 236

Modeling Analytics Software Supply Chain Design Software Optimization Software 236

E2open

AUGUST 30, 2016

The Power of Predictive Analytics. The use of predictive analytics is rising. According to KPMG’s 2016 Global Consumer Executive Top of Mind Survey , the use of predictive analytics will double by 2018, with 46% of companies planning to use advanced analytics to sense and shape demand within the next two years.

Predictive Analytics 60

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 60

ModusLink Corporation

APRIL 22, 2024

By harnessing the capabilities of a global 3PL partner, companies can unlock new possibilities for efficiency, scalability, and innovation in their electronics assembly processes. End-to-end management of component procurement, inventory management, and JIT delivery.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

E2open

AUGUST 30, 2016

The Power of Predictive Analytics. According to KPMG’s 2016 Global Consumer Executive Top of Mind Survey , the use of predictive analytics will double by 2018, with 46% of companies planning to use advanced analytics to sense and shape demand within the next two years. Tuesday 30 August 2016.

Predictive Analytics 60

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 60

ModusLink Corporation

APRIL 27, 2023

Global Fulfillment Innovation Centers on ESG in 2023. Today’s global trade fulfillment and supply chain management depend on advanced and integrated technologies such as mobile apps, cloud-based platforms, real-time data analysis, on-demand communications, and intelligent predictive analysis.

Inventory Reduction 78

Inventory Reduction Waste Reduction Innovation Optimal Sourcing 78

Enterra Insights

JUNE 22, 2023

With the maturation of artificial intelligence (AI) systems, predictive analytics have grown in importance. The difference between traditional forecasting and predictive analytics is granularity. One innovative technique shaking up the data science space is causal AI.

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130

Elementum

DECEMBER 14, 2023

Automating routine tasks frees up valuable human resources, enabling employees to engage in more strategic, creative activities that contribute to business growth and innovation. As intelligent systems learn from data, they become better at predicting outcomes, streamlining operations, and enhancing customer experiences.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Clear Spider

MARCH 21, 2024

AI inventory solutions create more powerful and adaptive supply chains. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management. AI makes use of the endless stream of data collected through inventory management devices and cloud-based applications.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

Supply Chain Shaman

JUNE 9, 2023

Planning needs to respect the multiple flows of items–high volume and predictable, low volume and predictable, low volume and not predictable, seasonal, new product launch introductions, and demand shaping. A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. Market Driven Insights.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Applying innovation to supply chains, combines innovative technologies like the Internet of Things (IoT), analytics, and robotics to supply chain management to improve performance and meet customer demands. One solution to this problem is centralized distribution and real-time inventory management. As Industry 4.0

Supply Chain Disruption 246

Supply Chain Disruption Optimal Sourcing Supply Chain Software Agile and Lean Supply Chain 246

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

Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

Clear Spider

OCTOBER 10, 2023

In the fast-paced world of seasonal inventory, trend forecasting is crucial for success. Yet, the consumer behavior that drives these trends is becoming more and more difficult to predict. Traditionally, companies built inventory management strategies around long-term forecasting and stable market conditions.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting Software 52

crisp

MAY 3, 2022

The pandemic has been a profound example of the need for digital transformation to keep supply chains moving during the most difficult circumstances, and it became clear that one of the biggest hurdles was real-time collaboration – or lack thereof – between trading partners. Using data to deliver the goods.

Supply Chain Planning Software 97

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Innovation 97

ToolsGroup

JUNE 11, 2020

SKF’s use of a digital twin for analytics to support integrated planning demonstrated exceptional supply chain innovation. According to Gartner, “the Gartner Supply Chainnovator Awards is an annual research program that identifies, assesses and awards outstanding examples of Supply Chain Innovation.

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

JDA software

MAY 13, 2019

According to research, executives are investing in new cloud-based AI and cognitive analytics capabilities that will provide them with end-to-end visibility and traceability across their extended supply networks, starting them on the road to autonomous supply chains. There is also a technology aspect to the resistance to change.

Prescriptive Analytics Software 81

Prescriptive Analytics Software Analytics Software Predictive Analytics Supply Chain Planning Software 81

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

GlobalTranz

OCTOBER 25, 2017

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.

Inventory Reduction 125

Inventory Reduction Supply Chain Planning Software Analytics Software Inventory Management Software 125

Adexa

JULY 17, 2023

Even real-time decision making is being replaced with before-the-time decision making by predicting events. As an example, what follows was created by generative AI. It allows organizations to track and monitor inventory levels, production status, transportation, and other crucial supply chain activities.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

Supply Chain Matters

APRIL 18, 2022

The emphasis of this leadership model is noted as improving IT and advanced analytics capabilities in areas such as supply chain planning and customer fulfillment. The post Supply Chain Leadership Model Example in Retail Apparel Industry first appeared on The Ferrari Consulting and Research Group / Supply Chain Management.

Modeling 52

Modeling Apparel Modeling Software Supply Chain Planning Software 52

Unleashed

MAY 25, 2023

Do you know your optimal inventory levels? Inventory planning enables you to order the right stock at the right time to meet demand and prevent overstocking. What is inventory planning? It is a key function of modern inventory management. Let’s take a quick look at some of the core benefits of inventory planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. But some of my other predictions did hit the mark or came close. Making supply chain and logistics predictions is like throwing darts at a moving target. When making predictions, it’s easy to look at recent trends and simply project them forward.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Supply Chain Shaman

APRIL 15, 2020

I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working. An example is a focus on moving and buying ventilators without an assessment of the availability of critical parts and skilled therapists.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

BlueYonder

APRIL 7, 2017

Unpredictable consumer behavior, traffic patterns, port behavior, severe weather, natural disasters and labor unrest are all examples of external events that can cause supply chain disruptions that lead to increased costs and customer service challenges. TransVoyant is at the forefront of the predictive analytics space.

Predictive Analytics 53

Predictive Analytics Prescriptive Analytics Software Big Data Real-time Visibility 53

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

Invata Intralogistics

APRIL 5, 2024

Today’s most ground-breaking innovations lie in state-of-the-art warehouses and the algorithms and automated systems that drive them. From reducing return rates by analyzing product data to predicting inventory needs with startling accuracy, AI systems offer many benefits that traditional problem-solving methods can’t replicate.

Supply Chain Software 52

Supply Chain Software Predictive Analytics Software Optimization Software Inventory Management Software 52

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

ThroughPut

MARCH 28, 2024

Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. Artificial Intelligence in supply chain helps track products from harvest to distribution channels and manage inventories with greater accuracy. All for the good.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

DELMIA Quintiq

OCTOBER 26, 2016

At Quintiq World Tour Philadelphia 2016, attendees were encouraged to think about the past, present and future of their businesses from a fresh perspective as they gained insights into the latest analytics and optimization technology. Covering wide ground on manufacturing.

Supply Chain Planning Software 120

Supply Chain Planning Software Innovation Analytics Software Supply Chain Design Software 120