Logility

JUNE 15, 2021

Food and beverage companies can use demand sensing to predict sudden market trends and prepare for actual supply needs. Demand fluctuations dominate the food and beverage (F&B) industry. To accurately predict short-term demand, a demand sensing solution can be an asset in their forecasting toolkit.

Supply and Demand 147

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

Logility

OCTOBER 18, 2022

And because of the catastrophic impact on the global food supply, as well as food prices, more than a billion people could be pushed into famine and destitution. The Power to Predict Supply Chain Disruptions. Rethink just-in-time inventory policies: There could be another pandemic or another war.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

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

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

The Logistics of Logistics

DECEMBER 8, 2021

Reimagining the Food Supply Chain with Eric Ristow and Luis Pajares. Eric Ristow , Luis Pajares , and Joe Lynch discuss reimagining the food supply chain. The food supply chain has many challenges including poor customer experience, disconnected cold storage networks, and a lack of system integration resulting in limited visibility.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Network Software 130

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

The Logistics of Logistics

JANUARY 19, 2021

Reimagining the Food Supply Chain with Eric Ristow and Luis Pajares. Eric Ristow , Luis Pajares , and Joe Lynch discuss reimagining the food supply chain. The food supply chain has many challenges including poor customer experience, disconnected cold storage networks, and a lack of system integration resulting in limited visibility.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Logistics Network Optimization Software 130

ThroughPut

JANUARY 28, 2021

Food Retail is all about working with speed, striving for agility, and mastering the art of customer delight – giving what they want, where they want, and when they want – all of this in a cost-effective manner. No wonder accurate and timely demand forecasting is the epicenter of focus for supermarket retailers.

Supply and Demand 59

Supply and Demand Predictive Analytics Software Demand Planning Software Food 59

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock.

Optimal Sourcing 105

Optimal Sourcing Inventory Management Software Inventory Management Optimization Software 105

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

Logility

MARCH 19, 2018

Food and beverage supply chains face mounting pressure to reduce costs, add more value and do more with fewer resources. Food and beverage companies run on razor-thin margins. 2) Multi-Echelon Inventory Optimization (MEIO). Location-by-location and type-by-type inventory optimization produces sub-optimal results.

Optimal Sourcing 113

Optimal Sourcing Supply Chain Planning Software Beverage Prescriptive Analytics Software 113

ThroughPut

JANUARY 28, 2021

Food Retail is all about working with speed, striving for agility, and mastering the art of customer delight – giving what they want, where they want, and when they want – all of this in a cost-effective manner. No wonder accurate and timely demand forecasting is the epicenter of focus for supermarket retailers.

Supply and Demand 52

Supply and Demand Predictive Analytics Software Demand Planning Software Predictive Analytics 52

Supply Chain Shaman

MAY 1, 2023

The use of descriptive analytics along with agile planning techniques (what-if analysis, discrete event simulation, and network design) helped. Analytics investments are essential. We find that companies with an analytics center of excellence drove progress faster than those with a supply chain center of excellence. Responsive.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

ToolsGroup

AUGUST 11, 2015

In her recent report, Making the Case for Increased Adoption of Advanced Supply Chain Analytics , Gartner analyst Noha Tohamy says that it’s no longer realistic to expect planners alone to analyze trends and underlying drivers, predict future scenarios and devise action plans. machine learning capabilities to predict future demand.

Predictive Analytics 120

Predictive Analytics Modeling Supply and Demand Analytics Software 120

Supply Chain Matters

JUNE 10, 2022

In our Supply Chain Matters commentaries focused on online customer fulfillment and especially the 2021 holiday fulfilment period, we cautioned retail and consumer goods supply chain management teams to be watchful for the bullwhip effect in inventory planning and replenishment needs to support expected customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply Chain Planning 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

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

Logility

JUNE 21, 2022

Increasing numbers of consumers will abandon their shopping cart if they can’t get things when they want them, and this goes across verticals that include apparel, food, and beverages. Logility’s digital supply chain platform can help you capture your part of the predicted $9.2 billion growth by 2025 for same-day delivery. .

Modeling 173

Modeling Supply Chain Planning Software Demand Planning Software Supply Chain Software 173

RFgen

MAY 26, 2023

In the world of inventory management, stockouts and overstocking can be detrimental to business success. To stay ahead in today’s highly competitive market, organizations must adopt smart strategies for avoiding inventory stockouts and overstocking. Overstocking occurs when a business has too much inventory on hand.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Vanguard Software

MAY 18, 2021

Digital platforms offer significant benefits over spreadsheets for inventory management. However, for companies that want to benefit from predictive analytics and seamless collaboration, spreadsheets do not offer sufficient functionality to keep up with the growing complexities of the supply chain world. Webinar: Register Now.

Inventory Management Software 52

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

Vanguard Software

MAY 18, 2021

Digital platforms offer significant benefits over spreadsheets for inventory management. However, for companies that want to benefit from predictive analytics and seamless collaboration, spreadsheets do not offer sufficient functionality to keep up with the growing complexities of the supply chain world. Webinar: Register Now.

Inventory Management Software 52

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

Logistics Viewpoints

SEPTEMBER 19, 2022

MSCN solutions provide supply chain visibility, network-based applications, and network analytics across an extended supply chain. MSCN solutions have distinctive advantages when it comes to supplier onboarding, communication, partner management, and being able to provide unique analytics. Then there is FourKites.

Supply Chain Design Software 157

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 157

Supply Chain Shaman

OCTOBER 13, 2022

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” The outcomes are less predictable or clear. Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. See the pattern?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Logility

AUGUST 11, 2023

For example, DENSO Corporation connected advanced analytics to its ERPs, CRMs, and business intelligence applications to transform data into meaningful insights. Instead, supply chain planning leaders need a more resilient approach that uses and combines new and emerging technologies.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Gartner Scenario Planning 191

ThroughPut

APRIL 13, 2021

Why do businesses need Capacity Planning in food supply chain management? Crisis management for crisis avoidance – capacity planning in food industry. Industries like food, beverage, and other related processing face some unique production issues. Paving a smart path for food – from warehouses to houses.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

ThroughPut

APRIL 13, 2021

Why do businesses need Capacity Planning in food supply chain management? Crisis management for crisis avoidance – capacity planning in food industry. Industries like food, beverage, and other related processing face some unique production issues. Paving a smart path for food – from warehouses to houses.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Capacity Food 52

Logility

SEPTEMBER 15, 2021

When ranking supply chains that impact people’s daily lives the most, healthcare products usually pop up in the top three, behind food and water. In addition, one in eight surveyed adults cut back their spending on necessities such as food, clothing, and utilities to pay for them. Proactive risk mitigation.

Cost Reduction Strategies 179

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 179

The Logistics & Supply Chain Management Society

MARCH 22, 2022

For example, the One Network platform for supply chain planning and execution is used by the Ministries of Health in Nigeria, Ghana, and Rwanda, providing comprehensive inventory visibility across all health facilities for real time supply demand matching and collaborative decision making.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

Logility

MAY 26, 2022

25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. The bullwhip effect creates a demand-constrained supply chain marked by excess inventory, production planning problems, and even adversely affects customer service. Then, there’s the issue of surplus inventory.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

Logility

APRIL 21, 2020

In fact, demand forecasts are used throughout the supply chain including supply chain design, purchasing, operations, inventory, and sales and marketing. For instance, forecasts help determine proper inventory controls to minimize overstock and out-of-stock events. procurement, operations, inventory, sales and marketing).

Forecasting 157

Forecasting Optimal Sourcing Forecasting Software Modeling 157

Elementum

AUGUST 25, 2022

Recent press reports around food supply chain issues have emphasized the essential nature of a solid, well-managed supply chain where managers can predict (and respond to) potential delays or scarcity. Reducing Operating Costs Through SCM Inventory held in stock costs money and may be utilizing unnecessary space.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 78

The Logistics & Supply Chain Management Society

JULY 20, 2020

retail, e-commerce, food production). The rush to stockpile basic needs like food, beverages and toilet paper led to a dramatic increase in sales at retail outlets such as supermarkets. Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

BlueYonder

MARCH 12, 2024

Manufacturers of consumer products — including packaged goods, food and beverages, and life sciences — face both opportunities and challenges. Consumer products manufacturers want nothing more than to accurately predict future demand. But much of this growth can be attributed to price increases.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Supply and Demand Scenario Planning 70

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. Kroger collaborates with thousands of food and beverage, health, beauty, and personal care companies to service roughly 2,800 stores.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

The digitization of supply chain processes, the use of big data analytics, and the emergence of technologies like blockchain and artificial intelligence have revolutionized supply chain operations. In recent times, the speed, impact, and predictability of change have significantly increased compared to the past.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Supply Chain Shaman

APRIL 15, 2020

Another is looking at hospital bed utilization to predict market baskets. Don’t expect demand to be predictable. For example, how long will it take for the restaurant and food distribution supply chain to restart? Instead, use demand sensing technologies to detect patterns with minimal latency into inventory requirements.

Supply Chain Planning Software 427

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