Logility

AUGUST 14, 2020

Forecasting is an “inexact science” that relies on the data available to you, the math you use, and how you implement the forecast. And your forecasting success is fundamentally impacted by your understanding of that data, its strengths and limits. How you roll up your data for forecasting fundamentally impacts accuracy.

Forecasting 147

Forecasting Forecasting Software Demand Planning Software Modeling 147

New Horizon Supply Chain Blog

AUGUST 30, 2023

Introduction I was recently in a conversation about forecasting with a client team, and one individual, whose background was not in supply chain, asked what the value of demand forecasting is. The link between forecast accuracy and corporate goals is less clear. But that doesn’t make forecasting any less important.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

ShipBob

FEBRUARY 26, 2024

This is where collaborative planning, forecasting, and replenishment (CPFR) comes in. What is collaborative planning, forecasting, and replenishment (CPFR)? Collaborative planning, forecasting, and replenishment (CPFR) is the method of coordinating various supply chain tasks between multiple parties (i.e., Let’s get started.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Unleashed

AUGUST 23, 2021

A crystal ball sometimes wouldn’t go amiss in inventory forecasting. But in the absence of a magical tool, your best bet is to manage your stock by using industry techniques and technology. Techniques for 2021 What is inventory forecasting? Accurate inventory forecasting is critical for manufacturers and suppliers.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Inventory Management Software 98

Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality.

Supply Chain Design Software 352

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 352

New Horizon Supply Chain Blog

JULY 15, 2022

I was recently in a conversation about forecasting with a client team, and one individual, whose background was not in supply chain, asked what the value of demand forecasting is. The link between forecast accuracy and corporate goals is less clear. But that doesn’t make forecasting any less important. Introduction.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The team was not calibrated on the role of forecasting and the basics around process excellence. I find that in the industry, sometimes the basics get lost. What Is a Forecast Anyway?

Supply and Demand 408

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 408

ToolsGroup

JANUARY 6, 2022

To all of my supply chain, demand planning, and forecasting friends who found the year challenging (if not traumatic), rest assured: You were not alone then – and you’re not alone now. Lesson #2: Finding solutions in warehouses and distribution centers. “We Because of the timing, even outsourced warehousing providers are slim on space.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

ThroughPut

MAY 13, 2022

According to Gartner , a top challenge that businesses face today – irrespective of size, scale, or industry – is demand volatility. In this article, we look at the capabilities of the most common forecasting methods, and which situations they are best for given their current limitations. Breaking down demand forecasting.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

The Logistics of Logistics

OCTOBER 12, 2022

Anthony transitioned to a Corporate Economist & Consultant, advising CXO leaders and Fortune 500 companies on economic analysis, industry trends, and internal strategy. Anthony’s clients varied from construction, trucking, industrial, software, manufacturing, and retail industries. About FreightWaves.

Analytics Software 182

Analytics Software Forecasting Software Logistics Network Optimization Software Supply Chain Software 182

ThroughPut

MAY 13, 2022

According to Gartner , a top challenge that businesses face today – irrespective of size, scale, or industry – is demand volatility. In this article, we look at the capabilities of the most common forecasting methods, and which situations they are best for given their current limitations. . Breaking down demand forecasting.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . WIth the impact of COVID-19 gradually settling in, the after effects of the pandemic are still being felt across industries. Demand forecasting can be a game changer in today’s volatile environment. Further, warehousing costs can fall by 5-10%.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

ThroughPut

FEBRUARY 24, 2020

We are operating in the digital industrial era where technologies are evolving rapidly to create a more efficient, more productive and more agile factory. Supply chain forecasting is a great way to help manufacturers, operations managers and production planners make educated predictions about factors influencing warehouse operations.

Forecasting 59

Forecasting Forecasting Software Optimal Sourcing Inventory Reduction 59

ThroughPut

FEBRUARY 24, 2020

We are operating in the digital industrial era where technologies are evolving rapidly to create a more efficient, more productive and more agile factory. Supply chain forecasting is a great way to help manufacturers, operations managers and production planners make educated predictions about factors influencing warehouse operations.

Forecasting 52

Forecasting Forecasting Software Optimal Sourcing Supply Chain Planning Software 52

BlueYonder

FEBRUARY 23, 2023

The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. What are the key metrics that are driving the industrial manufacturers supply chain?

Manufacturing Procurement 80

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 80

SCMDOJO

APRIL 29, 2024

In this comprehensive guide, we’ll explore the key components of supply chain management, best practices, and how they can be tailored to specific industries. From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey.

Supply Chain Planning Software 83

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 83

PINC

JULY 20, 2020

New report from Kearney and CSCMP paints a picture of a resilient industry that’s increasingly turning to technology and automation to help navigate the COVID crisis and subsequent economic downturn. According to Kearney, the pandemic has also highlighted the value of the logistics industry. Warehousing is a Bright Spot.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Software Warehousing 100

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

ToolsGroup

AUGUST 16, 2022

The partnership with ToolsGroup will help ERE increase supply chain agility, unify its planning data and processes, sharpen forecast accuracy, and reduce holding costs while ensuring exceptional service to customers. ” About ToolsGroup. Stay in touch with ToolsGroup on LinkedIn , Twitter , YouTube , or visit www.toolsgroup.com.

ToolsGroup 120

ToolsGroup Agile and Lean Supply Chain Optimal Sourcing Supply Chain Design Software 120

ThroughPut

FEBRUARY 24, 2020

We are operating in the digital industrial era where technologies are evolving rapidly to create a more efficient, more productive and more agile factory. Supply chain forecasting is a great way to help manufacturers, operations managers and production planners make educated predictions about factors influencing warehouse operations.

Forecasting 52

Forecasting Forecasting Software Optimal Sourcing Inventory Reduction 52

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As we finish 2021, the supply chain is front and center with challenges reported across the globe; across multiple industries from consumer products through to automotive. By 2024, 40% of APeJ-based supply chain forecasts will be automated through the use of artificial intelligence, improving accuracy by 5 percentage points.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. So, models for heavy process industries often include first principle parameters.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282

Vinculum

MARCH 18, 2021

The Digi-Smart manufacturing process empowers enterprises to gain control of their warehouses and ensures that products can be delivered to customers as quickly as possible. This wave of change has made warehouses smarter and more agile. Some experts say that within five years high-performance warehouses will be fully autonomous.

Warehousing 52

Warehousing Optimal Sourcing Sourcing Strategies Inventory Reduction 52

Supply Chain Shaman

OCTOBER 12, 2017

I get the fact that today’s forecasts are not good enough to drive replenishment, and that rules-based consumption to translate monthly demand to daily demand was a mistake. They calculate the buffer based on what is close to a naive forecast based on incoming orders. (In In my simple mind, I think of this as a forecast… ).

Supply Chain Planning Software 311

Supply Chain Planning Software Forecasting Software Demand Planning Software Supply Chain Software 311

Logistics Viewpoints

JANUARY 11, 2024

Proprietary warehouse, transportation , and labor management systems bolted onto legacy ERP systems, all “enriched” with off-the-shelf and bespoke software solutions, are a recipe for disaster. Data will increasingly feed modern, emerging AI and ML applications and populate decision dashboards in all areas of industry.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Network Software Analytics Software Forecasting Software 228

Stord

MAY 8, 2024

It's important to partner and select the right technology partners that can take on the role of many disparate systems - this will ensure a less complex architecture and a source of truth. Both are tied to the growth of the brand, and both will become increasingly complex with a need to hire more resources to manage.

Optimal Sourcing 158

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 158

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

ThroughPut

FEBRUARY 24, 2020

Guest Post written by Anita Raj, Industry 4.0 We are operating in the digital industrial era where technologies are evolving rapidly to create a more efficient, more productive and more agile factory. Accurate demand-supply forecasting can easily contribute to achieving the most optimum production scheduling on the factory floor.

Warehousing 52

Warehousing Inventory Reduction Waste Reduction Forecasting 52

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Firms could store products that attract tariffs in bonded warehouses until they are required. This practice is illegal. Operational strategies. Buying forward. Insourcing.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Logility

JUNE 15, 2021

Demand fluctuations dominate the food and beverage (F&B) industry. How companies in this industry approach demand forecasting can have far-reaching effects on their short-, mid- and long-term success. 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

Supply Chain Shaman

SEPTEMBER 5, 2022

Warehouses are full, and supply chain leaders are using containers as overflow warehouses adding to port snarls. In nine out of ten supply chain planning systems that I test, I find that companies have a negative Forecast Value Added level. Definition of Form and Function of Inventory: Source Supply Chain Insights.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Logistics Viewpoints

APRIL 7, 2021

TireHub was founded in July 2018 with the idea to transform the wholesale tire industry. The wholesale tire industry is more complicated than one might envision. Additionally, most retailers do not have the warehouse space to stock these items, especially if it is not a fast-moving SKU. TireHub at a Glance. Focus on the Data.

Supply Chain Planning Software 144

Supply Chain Planning Software Forecasting Software ToolsGroup Optimal Sourcing 144

Supply Chain Shaman

NOVEMBER 15, 2021

Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Yes, a single year offsets twenty years of poor margins for a struggling industry. Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Time For Action.

Supply Chain Design Software 322

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 322

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Procurement Procurement involves sourcing and acquiring the materials or products needed for production. Materials Planner Forecasts material needs based on production plans and sales forecasts.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

Logility

OCTOBER 25, 2022

Accurate Forecasts, Lower Supply Costs, and Faster Cash-to-Cash Cycles . These high-performing companies weather supply chain disruptions better, make speedier decisions, and perform more accurate forecasting. AI can help you improve demand forecasting and inform integrated business planning (IBP). This is a real game changer.

Supply Chain Software 130

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 130

Unleashed

OCTOBER 5, 2023

Managing a warehouse can be a complicated task. Keep reading to discover how warehouse management works, gain a confident understanding of the typical warehouse team structure, and learn how to optimise your warehouse processes. In this warehouse management guide: What is warehouse management?

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

Logistics Viewpoints

JULY 28, 2022

Across the global business ecosystem, sourcing and retaining top talent labor is of utmost importance. This is no less true of the supply chain industry, which must manage high customer demand while simultaneously experiencing unprecedented labor issues.

Sourcing Strategies 253

Sourcing Strategies Supply Chain Design Software Material Savings Logistics Network Optimization Software 253