The Smart Software

SEPTEMBER 22, 2021

today announced that will participate at the Microsoft Community Summit North America 2021 and preview it’s soon to be released Gen2 forecasting algorithms.1. The post Smart Software to Preview New Gen2 Forecasting Models at Microsoft Community Summit 2021 appeared first on Smart Software. Smart Software, Inc.,

Forecasting 52

Forecasting Modeling Software Forecasting Software Modeling 52

Logistics Viewpoints

FEBRUARY 15, 2023

According to our preliminary results, the most widespread tactics to be utilized in 2023 include planning and forecasting process improvements and sourcing of materials from more proximate/local suppliers. I suspect that inventory shortages would have been the highest ranked factor if we conducted our survey a year ago. More to come!

Supply Chain Planning 198

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 198

BlueYonder

MARCH 5, 2024

Automotive original equipment manufacturers (OEMs) have traditionally followed a “push” make-to-stock (MTS) model based on long-term demand forecast and then sell those cars in stock through a distribution network. This represents a significant change from their historic approach.

Automotive 98

Automotive Supply Chain Planning Software Modeling Software Forecasting Software 98

Logistics Viewpoints

JUNE 21, 2023

I believe our findings capture the pulse of North America logistics operations and the executives’ perceptions and priorities going into the second half of 2023. In fact, pressures are very similar with warehouse labor cost inflation, labor shortages, and inventory shortages at the top of the “concerns” list.

Supply Chain Planning Software 235

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

ToolsGroup

SEPTEMBER 19, 2023

She has spent her entire career in the retail industry, gaining expertise in merchandising, allocation, and inventory management. Monica Tatham has over 16 years of experience at A&F Co. with extensive background in retail planning and management. I’m excited to share one of the many ways Abercrombie & Fitch Co.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

ToolsGroup

AUGUST 20, 2019

Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe. Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. versus $4.84

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Kinaxis

MARCH 20, 2019

In adidas’s recent earnings call, CEO Kasper Rorsted warned that adidas would miss its 2019 growth target because its supply chain was unable to meet the huge demand for its mid-priced apparel, especially in North America. The CEO went on to imply that losing sales was preferable to building excess inventory.

Apparel 193

Apparel Inventory North America Demand Planning Software 193

Vinculum

APRIL 29, 2022

To avoid competition, the local market has tied up with the giant e-commerce platform for easy flow of the cash in the market and the demand and supply of the stock to manage the inventory and warehouse diversely. The report has made a forecast analysis to handle the market from a broader perspective. Internet of Things (IoT) .

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

Supply Chain Shaman

NOVEMBER 10, 2013

This week I interviewed Robert Byrne, Founder of Terra Technology , on the results of their fourth benchmarking study on forecasting excellence. The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. The other is Chainalytics demand benchmarking.

Supply and Demand 228

Supply and Demand Forecasting Forecasting Software Modeling Software 228

Supply Chain Shaman

JANUARY 31, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. In addition, Lucas used inventory as a slush fund to make quarterly earnings. The high asset utilization of the company was a barrier to rebound when the company slashed inventory.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Supply Chain Shaman

FEBRUARY 7, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. In addition, Lucas used inventory as a slush fund to make quarterly earnings. The high asset utilization of the company was a barrier to rebound when the company slashed inventory.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

FEBRUARY 2, 2024

percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Department of Transportation, which has selected 37 projects to be given funds made available by the Bipartisan Infrastructure Law’s (BIL) Mega Program and the Infrastructure for Rebuilding America (INFRA) Grant Program. The shares fell as much as 7.6

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

ToolsGroup

AUGUST 20, 2019

Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe. Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. versus $4.84

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 136

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. This visibility is key to both the root cause analysis and the inventory rebalancing.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

BlueYonder

OCTOBER 6, 2023

OEMs and Tier 1 suppliers should consider long-term forecast collaboration and capacity cooperation with their Tier-n suppliers. It is imperative to establish transparency, cooperation, and collaboration across the entire supply chain ecosystem, encompassing Tier 1, 2, and 3 suppliers, OEMs, logistics service providers, and even dealers.

Waste Reduction 83

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 83

Logistics Viewpoints

MARCH 6, 2023

The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.” The company has 11 production facilities across North America and China. GEON, headquartered in Westlake Ohio, has about 1000 employees.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

The Smart Software

FEBRUARY 23, 2022

today announced that will participate at the Microsoft Community Summit North America 2021 and preview it’s soon to be released Gen2 forecasting algorithms. Smart Software, Inc., The post Smart Software named a Microsoft Co-sell-ready partner appeared first on Smart Software.

Forecasting Software 52

Forecasting Software Supply Chain Planning Software Optimization Software Supply Chain Software 52

Supply Chain Shaman

SEPTEMBER 30, 2014

As the bricks and mortar retailer is attacked by eCommerce pure plays—Amazon in North America, Alibaba in China, and Flipcart in India—assortment and excitement in the store become paramount to lure customers. Current State of Perpetual Inventory. Replenishment is fueled by an effective perpetual inventory signal.

Optimal Sourcing 294

Optimal Sourcing Forecasting Forecasting Software Supply Chain Network Software 294

Supply Chain Matters

FEBRUARY 8, 2023

The North America segment incurred an operating loss of $0.2 The North America segment had sales of $315.9 North America segment operating loss amounted to $2.8 Operating Income was forecasted to be between zero and $4 billion, once again reflecting a very wide range, compared to $3.7 billion in 2021.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction North America 52

DELMIA Quintiq

MAY 27, 2015

The West Coast port congestion in North America proved to be a game changer for businesses, with preparation being the winning factor. How do you avoid spending additional millions to cover extra inventory costs and shipping delays? Optimizing inventory in S&OP. Optimizing inventory in S&OP. Let’s face it.

Inventory Reduction 120

Inventory Reduction Waste Reduction Cost Reduction Strategies Supply Chain Planning Software 120

Kinaxis

MARCH 21, 2019

During its annual earnings call, adidas CEO Kasper Rorsted explained to investors that the company’s slow sales growth in North America was attributed to supply issues as the company expands from high-end products into a mid-price range. Rorsted went on to add that it was a better problem to have than too much inventory.

Supply Chain Planning Software 141

Supply Chain Planning Software Scenario Planning Supply and Demand Demand Planning Software 141

Supply Chain Shaman

JANUARY 9, 2019

The use of a conventional supply chain tool to forecast this demand resulted in the degradation of the forecast by 14%. Stuck, the company struggled with customer service levels and high inventory write-offs. The process helped World Kitchen manage inventories through bankruptcy filing in 2002. The reason? The result?

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Case Study Forecasting Software 254

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. They also have 20 sourcing locations across North America from which they can ship make to stock products. HWI employed a crawl-walk-run methodology.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Bristlecone

OCTOBER 29, 2020

AUTO PARTS LEADER REDUCES FORECAST ERRORS BY 50%. With extreme demand volatility felt across industries and traditional demand forecasting methods becoming completely unreliable in 2020, companies are now turning to AI and machine learning (ML) to help steer strategic decisions pertaining to demand forecasting. Read Case Study.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Modeling 52

E2open

AUGUST 24, 2018

So when store supplies for the company’s retail partners are out of synch with production forecasts it can have a very real impact on the $20.8 Empty shelves send impatient buyers to competitors’ products, while too much inventory can result in unwanted carrying costs. Why is forecast accuracy such a big deal for Kimberly-Clark?

Supply and Demand 60

Supply and Demand Inventory Reduction Forecasting Cost Reduction Strategies 60

Supply Chain Shaman

FEBRUARY 10, 2017

To tell their story they flashed up a screen of JDA demand planning (which has not changed much since I worked on it in 1995), and proceeded to tell me a story of how their cognitive application improved forecast error (measured by Mean Absolute Percent Error or MAPE) by over 30%. They showed the details by item on improved accuracy.

Supply and Demand 165

Supply and Demand Supply Chain Planning Software Inventory Reduction Supply Chain Design Software 165

Logility

MARCH 13, 2020

A retail industry analyst said the clients he is speaking with are scrambling around focused on near-term tactics to find inventory to place on shelves and serve consumer needs. Where will you place that inventory? In early 2015, Continental Mills knew the North American Avian Flu might disrupt its supply of eggs in the coming weeks.

Modeling 211

Modeling Scenario Planning Supply Chain Planning Software Modeling Software 211

ToolsGroup

NOVEMBER 17, 2015

Despite the heightened service levels, the company operated their entire distribution network with less than two weeks of inventory. Diageo North America , the world's leading premium drinks business, did the same. spirits warehouse network and still managed a 10 percent improvement in inventory turns.

Customer Service 0

Customer Service Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 0

ToolsGroup

DECEMBER 16, 2019

BOSTON (December 13, 2019) ToolsGroup, a leader a global leader in supply chain planning software, has been named a leader in the IDC MarketScape: Worldwide Supply Chain Inventory Optimization 2019 Vendor Assessment. Our customers overcome demand volatility and supply chain complexity for outstanding service levels with reduced inventory.

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

IQMS

MAY 27, 2020

Mar-Bal operates four manufacturing facilities in North America and a sales office in Shanghai, China. Remote visibility of orders, inventory, and operations for their personnel at work at home and in-branch locations system has been essential to these continued business operations.

Supply Chain Planning Software 58

Supply Chain Planning Software Manufacturing Forecasting Software Demand Planning Software 58

Supply Chain Matters

MARCH 23, 2022

Foxconn Forecasts Challenging Operating Environment This Year. Canadian Pacific is the sixth-largest North America freight railway, and in December 2021 completed an agreement to acquire U.S. importers are resetting inventory ordering strategies to avoid any contentious contract talks this summer.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

OptiProERP

NOVEMBER 22, 2023

Examples of intelligent factories include on-demand manufacturing and virtual inventories. For example, they can monitor inventory levels and anticipate production bottlenecks, leading to more efficient and responsive supply chain management. Managers get access to real-time data to make informed decisions.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Software Material Savings Analytics Software 52

ShipBob

DECEMBER 20, 2021

Inventory management. The logistics sector is rapidly growing and there is no shortage of groundbreaking technology and premiere partners in North America, Europe, and beyond. With Cin7 , business owners are able tailor inventory and order management to suit their respective needs. Inventory Planner.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

Unleashed

MAY 22, 2022

Forecasting demand Forecasting demand is a key – perhaps the key – action you can take to scale your business and pre-empt supply chain problems. If your business is operating in different areas – perhaps different countries – it’s about refining your forecast to each of these. Three Spirits’ solution?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Forecasting Software 98

Supply Chain Matters

MARCH 28, 2024

This funding is reportedly contingent on preconditions which include a delayed filing of its 2023 annual report with regulators and continued negotiations with an established auto maker on a joint manufacturing agreement related to North America based production.

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Procurement Analytics Supply and Demand 52

DELMIA Quintiq

OCTOBER 26, 2016

He explained how Quintiq has brought clarity in managing their supply chain, supporting their key values on business operations in planning for labor scheduling, sales forecasts, inventory targets and production planning. Pay attention to the Quintiq website over the next few months for more details.

Supply Chain Planning Software 120

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