Supply Chain Matters

OCTOBER 11, 2023

The Ferrari Consulting and Research Group through its affiliated Supply Chain Matters blog provides perspectives on the latest published IMF World Economic Forecast. With that stated, the agency references concerns for “ the persistent manufacturing slowdown ” as a suggestion that labor markets and activity will soften in 2024.

Forecasting 59

Forecasting Forecasting Software Global Price Reduction 59

Logistics Viewpoints

APRIL 11, 2024

I’ll describe three of the top areas: seamless collaboration, improved forecast accuracy embedded in the supply chain workflow, and disruption response. Manufacturers of these weight loss drugs face a multi-headed hydra of the three c’s: coverage, competition and capacity. So how can supply chain orchestration help?

Pharmaceutical 231

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain 231

Demand Solutions

DECEMBER 16, 2014

The brand new Demand Solutions e-book: 42 Principles of Forecasting provides practical and actionable tips for how any company can improve its forecasting process. I used to work in a dairy, a 99-year-old family-run business that manufactured ice cream in every flavor imaginable and every package size that our customers would take.

Forecasting 147

Forecasting Forecasting Software Supply Chain Planning Software Demand Planning Software 147

ToolsGroup

MAY 2, 2023

FeaturedCustomers evaluated all the potential Demand Forecasting Software companies on its platform for possible inclusion in the Customer Success Report. Only 15 companies met the criteria needed to be included in the Spring 2023 Demand Forecasting Software Customer Success Report.

ToolsGroup 156

ToolsGroup Forecasting Software Supply Chain Design Software Supply Chain Planning Software 156

Silvon Software

APRIL 18, 2024

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. For example, recognizing that two different terms in separate datasets actually refer to the same concept (e.g., “DOB” For example, using forecasting models to predict quarterly sales and adjust marketing spend accordingly.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Supply Chain Shaman

SEPTEMBER 22, 2022

I forecast this disruption period as the new normal is not over. At the beginning of the pandemic, the forecasted period of disruption of seven-to-eight months. Examples include projects like control towers, lights-out planning, real-time planning, DDMRP, forecast sharing, and sales forecasting. Forecast Sharing.

Supply Chain Planning Software 419

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 419

SYSPRO Smarter ERP

MAY 13, 2024

For manufacturers, prioritizing a seamless order fulfillment experience is key to driving repeat business. However, to meet these expectations, manufacturers need to ensure a smooth flow of information between their eCommerce platform and core business functions such as inventory, finance, production, shipping, and logistics.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Forecasting Software 52

New Horizon Supply Chain Blog

JUNE 18, 2022

If you do a Google search, you can find a huge number of articles providing expert guidance on how to measure forecast accuracy, going into the merits of root-mean-square error and other esoteric topics. Corporate Politics Should Not Drive the Forecast Level. First, a story that prompted this blog post.

Forecasting 52

Forecasting Supply Chain Planning Scenario Planning Supply and Demand 52

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Demand Solutions

DECEMBER 16, 2014

The brand new Demand Solutions e-book: 42 Principles of Forecasting provides practical and actionable tips for how any company can improve its forecasting process. One of my responsibilities as director of marketing was to provide our plant manager with sales forecasts.

Forecasting 100

Forecasting Forecasting Software Supply Chain Planning Software Demand Planning Software 100

ToolsGroup

SEPTEMBER 13, 2023

High performance inventory refers to inventory that is managed so that it is always available when needed but never overstocked. Probabilistic planning uses probability theory to forecast demand and optimize inventory. This is where a machine learning-based probabilistic forecast comes in. New to probabilistic forecasting?

Inventory Reduction 156

Inventory Reduction Resource Reduction Waste Reduction Supply Chain Planning Software 156

Unleashed

OCTOBER 8, 2018

An unconstrained demand forecast might seem over optimistic, but for a business to take full advantage of market growth opportunities it is essential to dream big. What is a constrained forecast? Think of a constrained forecast as supply-side focused. Think of a constrained forecast as supply-side focused.

Forecasting 56

Forecasting Forecasting Software Demand Planning Software Supply and Demand 56

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Unleashed

OCTOBER 11, 2018

Demand forecasting is the process of estimating the number of products that customers will be willing to purchase in the future. It’s a crucial aspect for many companies and inherent in more reliable demand forecasting is demand planning. Ask suppliers. Planning for Inventory Management in a Seasonal Business.

Forecasting 58

Forecasting Supply and Demand Forecasting Software Demand Planning Software 58

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. AI can refer to several different types of math. Machine learning has been used to improve demand forecasting since the early 2000s. But machine learning for demand forecasting is much better than it used to be.

Optimal Sourcing 282

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

Unleashed

OCTOBER 23, 2023

Efficiency in manufacturing comes from having the right preparation and the most cost-effective processes in your arsenal. It describes how goods will be manufactured, the expected demand for those goods, and any production requirements such as materials or labour. The first step in achieving these aims is called production planning.

Waste Reduction 98

Waste Reduction Resource Reduction Inventory Reduction Material Savings 98

ModusLink Corporation

OCTOBER 27, 2021

Synergy is a core element present in many successful manufacturing strategies. Synergy is the fundamental pillar on which a strong manufacturing strategy is standing (Comparative European Research, 2016). Manufacturing strategies refer to ways in which companies decide to manufacture and produce the products their selling.

Waste Reduction 78

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 78

Unleashed

OCTOBER 31, 2023

It’s an essential process for achieving maximum success in manufacturing. Workforce optimisation (WFO) refers to the practices and tactics a company implements to improve its employees and organisational efficiency. Greater efficiency WFO practices improve manufacturing efficiency and eliminate waste. Let’s dive in. Here’s how.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Logistics Viewpoints

MARCH 17, 2022

It is one of those high-end brands with global recognition, and to my surprise, the manufacturer’s own website did not have any stock and no indication on when it would be available. Automated forecasting processes. This is also referred to as “composability.” so I went online to order it. Network cost modeling.

Supply Chain Planning Software 276

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 276

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Why do manufacturers need an effective supply chain plan? What is supply chain planning? The process involved in supply chain planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Why do manufacturers need an effective supply chain plan? What is supply chain planning? The process involved in supply chain planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

Unleashed

FEBRUARY 14, 2023

Many modern businesses now rely on automation in manufacturing to get products built faster, optimise workplace processes, and get orders to customers more efficiently. Let’s take a look at some of the manufacturing automation options available, their benefits, and current trends to consider. How does automation in manufacturing work?

Supply Chain Software 52

Supply Chain Software Inventory Management Software Examples Supply Chain Design Software 52

Logility

AUGUST 11, 2020

These companies can quickly augment statistical forecasts with forward looking, market-based demand signals. The Role of Traditional Forecasting. Traditional product forecasting is based on statistical time-series techniques that create forecasts using sales history. What’s the answer?

Beverage 223

Beverage Supply Chain Planning Software Supply and Demand Supply Chain Software 223

Logistics Viewpoints

JANUARY 22, 2024

The UFLPA prohibits goods mined, produced, or manufactured wholly or in part in Xinjiang from entering the U.S. But electronics; industrial and manufactured; and apparel, footwear, and textiles make up the bulk of products detained. Omnichannel refers to the ability of a consumer to get products fulfilled to them in various ways.

Supply Chain Optimization 233

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 233

Arena Solutions

APRIL 4, 2023

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

ToolsGroup

APRIL 13, 2020

We have 135 restaurants, four distribution centers, and we also manage three manufacturing facilities, with more than 5,000 SKUs, and we deliver to each restaurant up to three times a week. Rafael: The main two challenges we’ve had are volume, in our case reduction, and the forecast uncertainty.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Optimization 296

Supply Chain Shaman

JULY 25, 2021

To make the point, let me share an orbit chart for four industries (reference Figure 1). Implementation of Sales Forecasting. The focus on sales forecasting started shortly after Y2k. Few companies measured the impact on error and bias through the rigor of Forecast Value Added (FVA) analysis. The reason? The reason?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

NOVEMBER 21, 2018

Reference Figure 1. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. 2) Forecast Value Added. Forecast Value-Added (FVA) is a measurement of demand management improvement. 3) Forecastability : A measurement of the ease of forecasting.

Supply Chain Planning Software 199

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 199

Alloy

JULY 9, 2019

When it comes to demand forecasting, incorporating out-of-stock (OOS) data is a complex subject that we first addressed in a prior blog post. It covered the three primary methods for incorporating OOS when developing your demand forecast: exclusion, imputation, and flagging. What is the cause of the out-of-stock?

Forecasting 40

Forecasting Forecasting Software Modeling Alloy 40

ToolsGroup

DECEMBER 17, 2020

We saw this right at the start of the pandemic, when parts being manufactured in Wuhan province disrupted car manufacturers’ production lines around the world. These disconnections can seriously hurt manufacturers and retailers in today’s online, service-driven economy where consumer expectations are defined by the Amazon experience.

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

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. I see the best success with E2Open (previously Terra Technology) and ToolsGroup, but I do not have enough client references to judge OM Partners’ product.)

Supply Chain Planning Software 295

Supply Chain Planning Software Forecasting Software Demand Planning Software Supply Chain Software 295

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Tight coupling of the supply chain forecast to the financial forecast will improve value. Drawings from Two Very Different Businesses Portraying the River of Demand.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Unleashed

NOVEMBER 12, 2023

The bullwhip effect occurs when small changes in demand at the consumer end of the supply chain intensify as they move up the supply chain from the retailer through to the manufacturer. With limited data about the demand shift, the wholesaler then increases their order from the manufacturer by an even larger amount.

Inventory Reduction 52

Inventory Reduction Material Savings Supply Chain Planning Software Price Reduction 52

Unleashed

APRIL 6, 2022

Lean manufacturing involves 13 core principles – many more than the ‘five principles’ that are often associated with this popular manufacturing system. The lean concept originally came from manufacturing, but it has gained in popularity and is now used widely across different industries and sectors.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Inventory Management Software 98

ToolsGroup

AUGUST 27, 2021

Manufacturers are facing massive shortages across their supply chains, which, along with as well as an utter failure to move swiftly to account for said shortages, has resulted in a market flooded with demand for an ever-dwindling supply. That includes all the influencers of demand at a granular and daily level for individual SKU-Locations.

Supply Chain Risk Management 156

Supply Chain Risk Management Risk Management Agile and Lean Supply Chain Supply Chain Planning Software 156

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52