ToolsGroup

AUGUST 23, 2016

Editors Note: A few weeks ago, we published a blog describing why most CPG companies have hit a demand forecasting ceiling. This week Manoranjith Pathekkara, managing director of ToolsGroup's partner in India LogicaMatrix ( www.logicamatrix.com ), digs into an area where many companies are breaking through that ceiling.

Supply and Demand 120

Supply and Demand Modeling Demand Planning Software Forecasting 120

Supply Chain Matters

JULY 20, 2022

Our annual predictions advisory began with a summary of prevailing global economic, financial and manufacturing outlooks. Risks surround rising inflation, the duration of ongoing supply disruptions and the eventual path of the pandemic ” The October report had forecasted global economic growth of 4.9 percent in 2021.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Supply Chain Matters

APRIL 11, 2023

The Announcement Commercial aircraft designer and manufacturer Airbus announced plans t o double the production of the company’s final assembly production capabilities within China. That has apparently motivated Apple to instill more supply network resiliency by moving some final assembly to India based final assembly services providers.

China 52

China Sourcing Strategies Manufacturing Procurement Price Reduction 52

Enterra Insights

JANUARY 18, 2024

I look forward to seeing the benefits of machine learning reach more manufacturers in 2024. … With time, these capabilities will lead to unprecedented flexibility, quality and reliability in manufacturing.” and India, are diligently sculpting comprehensive AI policies. After all, the technology is already there.

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

Supply Chain Matters

NOVEMBER 6, 2023

In our prior highlights and perceptions of September and Q3-2023 published indices , we observed that the numbers once again signaled added contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. down from the 49.2

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

QAD

JULY 15, 2021

While the collaboration amongst manufacturers both within the life sciences domain and across the ecosystem was truly admirable, the question that now remains is what happens next? Are manufacturers ready for the next disruption? . Post-Pandemic Recommendations for Life Sciences Manufacturers.

Supply Chain Planning Software 96

Supply Chain Planning Software Analytics Software Forecasting Software Demand Planning Software 96

20Cube Logistics

JANUARY 27, 2022

However markets recovered themselves in 2021 to greater extent and the economists are forecasting an expansion of that steady growth in the year 2022 as well. This growth is accredited to the economic expansion and policy changes in countries like India. The demand for such products increased significantly in the last few years.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

Arena Solutions

JUNE 8, 2021

It requires effective communication among product teams so design, prototype, engineering, and manufacturing stages stay on track. The supply chain strategy—are you consigned, turnkey, hybrid, or ”appliance” manufacturing? Production strategy: Will you build-to-order or build-to-forecast? Sales forecast process.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Resource Reduction Inventory Reduction 52

Supply Chain Game Changer

FEBRUARY 16, 2022

There was a severe impact on the supply chains across all industries due to trade restrictions during the pandemic, prompting food manufacturers to focus not only on their food but also on storage to extend shelf life, which drove the cold chain market up. India is the second-largest producer of fruits and vegetables in the world.

Pharmaceutical 89

Pharmaceutical Food Supply Chain Planning Software Industrial 89

Supply Chain Shaman

SEPTEMBER 30, 2014

Consumers became more loyal to retail brands, and retailers increased the number of products manufactured and marketed as house brands. Additionally, get good at forecasting. Measure your own Mean Absolute Error (MAPE) of your forecast and focus on driving improvement. During the next decade, the power shifted to the retailer.

Optimal Sourcing 299

Optimal Sourcing Forecasting Forecasting Software Supply Chain Network Software 299

Supply Chain Matters

DECEMBER 1, 2022

Supply Chain Matters provides highlights and added perspectives on reported November 2022 global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report for November 2022, a composite index produced by J.P. The November S&P Global Eurozone Manufacturing PMI® eased to a value of 47.1

Manufacturing Procurement 59

Manufacturing Procurement Global Modeling Optimal Sourcing 59

Supply Chain Matters

SEPTEMBER 17, 2022

One equity investment firm indicated that the shortfall in operating income for Express business was over 75 percent lower than forecasted. Revenues for the FedEx Ground unit, this carrier’s engine of E-Commerce last-mile fulfillment, came in at $300 million below forecast. Are holiday forecasts too optimistic?

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

Supply Chain Shaman

AUGUST 2, 2017

Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. As long as the data flows for roll-up on inventory, forecasting and planned orders, each business can build and run their own visualization layer as long as it can roll up for an executive view.

S&OP 155

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 155

Supply Chain Matters

DECEMBER 14, 2022

In a prior 2023 predictions focused initial blog we highlighted the IMF’s sobering economic forecast which calls for 2.7 In a prior 2023 predictions focused initial blog we highlighted the IMF’s sobering economic forecast which calls for 2.7 The IMF Global Economic Outlook Forecast anticipates 3.2 Global Economic Themes.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52

Resilinc

MAY 17, 2022

And for OEMs in virtually every manufacturing industry, supply chains are where much of their climate change risk lies. To provide faster analyses, climate scientists from Europe, the United States and India partnered in 2014 with the Red Cross/Red Crescent Climate Centre to form World Weather Attribution.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 62

Resilinc

APRIL 26, 2022

manufacturing of drugs, semiconductors and other critical products, supply chain managers in the life sciences industry continue to pivot from the pandemic to proactively analyzing supply chain risks and evaluating options to develop more resilient supply chains. Continuous Manufacturing Holds Great Promise. While the U.S.

Pharmaceutical 62

Pharmaceutical Supply Chain Planning Software Supply Chain Software Supply Chain Planning 62

Enterra Insights

APRIL 13, 2023

”[5] They add, “Whereas retailers once purchased merchandise largely based on the gut instinct of trend-savvy buyers and the push of whatever manufacturers tried to sell them, nowadays, they need to take a much more customer-focused and data-centered approach.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Resilinc

JUNE 28, 2022

Even though we’re only one week into summer 2022, excessive heat is already damaging agricultural production across the globe, from mangos and wheat in India to cattle in Kansas and chilis in New Mexico. In Europe, extreme heat has hammered much of the continent since mid-June, breaking records in France.

Food 62

Food Supply Chain Strategy Supply Chain Resource Reduction 62

Supply Chain Shaman

AUGUST 2, 2017

Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. As long as the data flows for roll-up on inventory, forecasting and planned orders, each business can build and run their own visualization layer as long as it can roll up for an executive view.

S&OP 152

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 152

Kinaxis

SEPTEMBER 26, 2016

Forecast accuracy has been a big challenge, with several participants commenting that their forecasts are less than 50% accurate, resulting in high “just in case” inventories. Long manufacturing lead times in pharma compound the problems as forecasts need to be locked well ahead of the sale date to support the lead times.

Pharmaceutical 100

Pharmaceutical Supply Chain Planning Software Gartner Supply Chain Planning 100

QAD

JULY 18, 2019

Being able to forecast this potential plateau is critical for automakers and suppliers alike as they look to avoid capital-intensive investments, shift business models towards software and services, and develop other effective strategies for future operations. The post Forecasting Peak Automotive Production appeared first on QAD Blog.

Forecasting 75

Forecasting Automotive Forecasting Software Demand Planning Software 75

Supply Chain Game Changer

JANUARY 26, 2022

Healthcare product manufacturers can use this information to balance the supply adequately. AWL India has a fleet of vehicles that can carry medical supplies while keeping them in their best condition. It will also help in keeping up to date with the real-time inventory, and demand forecasting.

Modeling 94

Modeling Industrial Industry Predictive Analytics 94

Vinculum

MAY 17, 2022

A report mentioned by IMARC Group with title mainly called Account Reconciliation Software market includes Global Industry shares, opportunity, size, share, trends, and forecast 2022-2027. These reports effectively keep track of the market forecasts to enhance the sales channel magnificently. Manufacturing. Healthcare.

Forecasting Software 52

Forecasting Software Demand Planning Software Forecasting Modeling Software 52

Supply Chain Shaman

JANUARY 29, 2018

With a global presence of operations in the US, France, China, India, and Brazil, the company coordinates global supply for regional markets. Ajay works in the Custom Fabrics division that manufactures and markets premium performance textiles, including Sunbrella and Dickson branded products. 2X longer than demand planning.)

Supply Chain Planning Software 0

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 0

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

Experts and pundits are forecasting wholesale changes to every industry and every part of life, but only a minority of these forecasts of massive, permanent change will bear out. Others are wishful thinking on the part of ideologically or emotionally motivated forecasters,” writes the firm on their website.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Modeling 100

Elementum

NOVEMBER 16, 2016

The PMMI states that contract manufacturing of packaging for pharmaceutical products in developed markets is forecasted to grow at six percent CAGR through 2018. According to Jorge Izquierdo, VP-Marketing of PMMI, “The forecast for the packaging machinery market is strong. by 2020 , with a 3.5% annual growth rate.

Pharmaceutical 60

Pharmaceutical Supply Chain Software Forecasting Software Demand Planning Software 60

Resilinc

MAY 24, 2022

The last 18 months have been very good for petrochemical manufacturers—and not so good for their customers in a wide range of industries. This year has brought another round of pain for the vast array of manufacturers that depend on petrochemical inputs.

Price Reduction 62

Price Reduction Demand Planning Software Supply and Demand Ukraine 62

Locus

MAY 15, 2023

The direct-to-consumer (D2C) model has been gaining popularity among customers for some time now as manufacturers get a lot more room to provide customized brand experiences that bring a lot more delight to consumers, which in turn strengthen brand loyalty. With an expected CAGR of 34.5%

Cost Reduction Strategies 52

Cost Reduction Strategies Price Mitigation Strategies SCM Supply Chain Strategy 52

SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 90

20Cube Logistics

MAY 14, 2019

Around 14 percent of GDP spent on logistics sector annually in India as compared to only around 5 percent of GDP in the developed countries logistics sector. According to an ASSOCHAM (Associated Chambers of Commerce and Industry of India) study, the logistics sector in India is poised to grow at 16 percent YoY CAGR.

Supply Chain Software 40

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 40

Requis

OCTOBER 30, 2020

There are much better planning and forecasting systems now. Manufacturing sites have been rationalized in terms of, “we don’t need five factories in this country, we only need three, then two, then we don’t need them at all, we’ll move them to China”. There’s a huge swathe of companies that have shockingly poor forecasting accuracy.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Enterra Insights

JUNE 11, 2021

Agrawal notes, “It is forecasted that more than 80% of IoT projects will be using AI by the year 2022. All industries from mining to manufacturing are relying on digital transformation.” That needs to get back to the manufacturer.” Concluding Thoughts Clearly, the combination of IoT, AI, and edge computing is powerful.

Resource Reduction 130

Resource Reduction Supply Chain Network Software Analytics Software Supply Chain Design Software 130

Supply Chain Movement

APRIL 29, 2014

In this series on global fashion retail we have discussed about network design and inventory location in Chapter 1, stores replenishment in Chapter 2 and sourcing and manufacturing lead times in Chapter 3. What became very clear was the importance of sales forecasts for enabling efficient store replenishment. Talent development.

Supply Chain Design Software 128

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 128

NC State SCRC

DECEMBER 13, 2021

However, it is also noteworthy here that many of the companies in the top 10 do not manufacture anything, but outsource their manufacturing to “contract manufacturers” such as Flex, TSMC, FoxConn, ThermoFisher, and others. The remainder largely rely on third parties to do so.

Supply Chain Planning Software 52

Supply Chain Planning Software Journal Supply Chain Strategy Supply Chain Software 52

Shipsy

SEPTEMBER 7, 2018

India is on the verge of becoming the world’s third-largest auto manufacturer by 2020 but unfortunately, India’s logistics cost as a per cent of sales is at least 30% higher than China mainly because of inefficiencies. Let’s take a look at 5 major challenges being faced by Indian automotive industry.

Automotive 40

Automotive Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 40

Logistics Bureau

MARCH 11, 2020

When leading economists start talking about a drop in manufacturing comparable to the start of the 2007-2008 global financial crisis, you can be sure that the world’s leading industries are in for a torrid few months. Since then, the impact on manufacturing and global supply chains, across multiple industry sectors, has been significant.

Industrial 52

Industrial Industry Manufacturing Procurement Pharmaceutical 52

Supply Chain View from the Field

DECEMBER 16, 2013

I also worked with a team of leading thinkers in developing the Future of Procurement Report (published by KPMG) , as well as publish the BVL International Global Logistics Trends and Strategies report with a team of leading academics and executives in Europe, China, North and South America, Russia, and India.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117