Taulia

AUGUST 29, 2023

Successful supply chain management (SCM) is one of the most effective ways to increase supply chain efficiency. Companies can improve their SCM approach in several ways to meet ESG goals. Without an accurate demand forecast, businesses may struggle to respond to changes in market trends and consumer behavior.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

SCMDOJO

FEBRUARY 20, 2023

Using advanced analytics tools, businesses can gain insights into sales forecasts, inventory levels, and demand patterns, allowing them to adjust their inventory levels in real time. Forecasting, which predicts future demand based on past and present data, is useful for achieving this equation.

Inventory Reduction 102

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 102

Logility

JUNE 2, 2020

Those two locations may differ across many important metrics: footprint, demographics, seasonality, logistical support, sell-through history, competitive landscape, sales trends, to name a few. More specifically, a planner lays out the merchandise plan by week, by category, by defined business metrics. Use the right tools.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Retail Scenario Planning 130

Supply Chain Shaman

AUGUST 26, 2015

As the markets plummet, it is time to remind ourselves that demand is not a forecast. Traditional forecasting approaches are not adequate in a time of market volatility. In the real world, companies operate with a Mean Absolute Forecast Error of 24-60%, and have a bias of 9-40%. Markets drive supply chains.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Supply Chain Shaman

MARCH 8, 2016

The initial software product release name was Real-Time Forecasting. DS replaced rules-based forecast consumption with better math (statistics and pattern recognition). In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

GlobalTranz

NOVEMBER 16, 2018

TMS is most important for increased capability When asked what features were needed to increase SCM capability, 92 percent of respondents named transportation management as either critical or important. During bid analysis, many TMS tools will produce forecasts to let users know how this carrier will impact them financially.

Supply Chain Planning Software 164

Supply Chain Planning Software Forecasting Software Optimization Software Supply Chain Software 164

Logility

JANUARY 12, 2021

Factors such as on-time delivery, freight cost per unit shipped, and transit time are assigned metrics and weighted averages to help users determine how well carriers are performing overall. appeared first on Supply Chain Management Software (SCM Software) by Logility. Dashboarding.

Prescriptive Analytics Software 131

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 131

QAD

AUGUST 26, 2021

However, barriers continue to exist and technology is not always being used to its full potential, as we learn in a recent article , “How to Outsmart AI Business Challenges” in SCM Now Magazine from the Association for Supply Chain Management. About Artificial Intelligence. In his white paper , “ No Matter What You Call It: Industry 4.0

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 98

Supply Chain Shaman

JUNE 15, 2015

We have made more progress in forecasting than supply planning. Forecastability (the ability to forecast a product line) has gotten worse, demand error and bias is increasing, and supply is more complex. I then recommend that the business augment the SAP SCM functionality using best-of-breed, industry-specific optimization.

Supply Chain Planning Software 150

Supply Chain Planning Software SAP Supply Chain Planning Supply Chain Software 150

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Read more on “Optimizing Inventory and Lead Time Management” at our Website SCM DOJO! Improved forecasting contributes to better overall supply chain planning.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 76

Supply Chain Shaman

SEPTEMBER 3, 2015

Before the benchmarking work, I believed that companies that were better forecasters would be better at inventory management. Most companies are not measuring and adapting with volatility.Analyzing forecastability of the item portfolio is a good starting place. Forecast Consumption Logic is an Opportunity for All.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Logility

DECEMBER 2, 2020

Higher forecast accuracy supporting a mature S&OP process allows a company to hold less inventory, run more efficient plants, and improve transportation efficiency. The post Supply Chain Manager – A “Green” Superhero appeared first on Supply Chain Management Software (SCM Software) by Logility.

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

Supply Chain Shaman

NOVEMBER 29, 2015

Market-Driven Forecasting: Historically, the use of linear optimization and genetic algorithms to sense future trends from order and shipment patterns and predict the future defined forecasting. The tactical processes of forecasting in this conventional analysis cannot sense markets fast enough to slow or speed up processes.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

Supply Chain Network

DECEMBER 11, 2016

For those of you who prefer video to the written word, below is a recent video interview where I wax poetic about the ‘Digital Elevation of Planning and the Planning Executive’ as well as ‘The SCM Company.’ But are there not many more opportunities for the company to benefit from the application of SCM principles?

Supply Chain Planning Software 68

Supply Chain Planning Software Supply Chain Planning Scenario Planning SCM 68

Supply Chain Shaman

JUNE 15, 2015

We have made more progress in forecasting than supply planning. Forecastability (the ability to forecast a product line) has gotten worse, demand error and bias is increasing, and supply is more complex. I then recommend that the business augment the SAP SCM functionality using best-of-breed, industry-specific optimization.

Supply Chain Planning Software 135

Supply Chain Planning Software SAP Supply Chain Design Software Supply Chain Planning 135

SCM Research

APRIL 22, 2015

million metric tonnes (Mt) and it is forecasted to increase to 50 Mt in 2018. A new United Nations University report, titled The Global E-waste Monitor 2014 , details e-waste generation by region. The total amount of e-waste generated in 2014 is 41.8 This e-waste comprises 12.8 Mt of small equipment (e.g., Mt of large equipment (e.g.,

United Kingdom 110

United Kingdom Iceland Norway Denmark 110

Cathy Roberson

APRIL 6, 2022

Taylor Wilkerson @THWilkerson Forecasting Here’s the thing. It helps for a supply chain to be able to forecast. Amrou Awaysheh @awaysheh Accurate forecasting Adrian N White @awhite_adrian Actionable I’d add something else: actions. Integrations are 🔑 (And no one loves salesforce)” - Miles J.

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Supply Chain Shaman

JUNE 3, 2013

At a time that marketplace offerings were super-hyped, I forecasted the doom of ten e-marketplace providers. Supply chain management (SCM) is now in its fourth decade. At the time, I was a junior Gartner analyst. The piece, “CPG/Retail E-Marketplaces: The Emperor’s New Clothes?” was controversial. What do you think?

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 259

Supply Chain Game Changer

NOVEMBER 16, 2018

In the situation I was in there were obviously no metrics that were being reviewed and used. There are many metrics that are very helpful including: Cash dollars and days of supply. You need a clearly defined set of metrics that are measured and reviewed regularly. Cash #SupplyChain #Business #Money #Finance #SCM.

Procurement Analytics 53

Procurement Analytics Inventory Reduction Metrics Forecasting 53

Supply Chain Shaman

OCTOBER 25, 2015

Educate the Financial Team on How to Use the S&OP Process in Budget Forecasting. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is working on her third book, Leadership Matters. Make it a priority to train employees on data storage and retrieval. Figure 2. S&OP Challenges.

S&OP 150

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 150

Logility

APRIL 8, 2014

Bryan Ball highlighted the top disruptive supply chain trends including the increasing speed of business, talent and training, and measurement and metric alignment. Read SC Digest’s full review of the Under Armour keynote: Under Armour’s Athletic Supply Chain. New and Enhanced Supply Chain Solutions.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning Supply Chain Strategy 100

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Check out What is Change Management’s Role in the Digital Transformation of SCM? Brand #IoT #ECommerce #SupplyChain #SCM #Leadership #Finance #brandprotection.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Supply Chain Shaman

MAY 17, 2015

Then it is off to Dallas to speak on Supply Chain Metrics That Matter at the Dallas CSCMP roundtable and complete some more client work. The supply chain is a complex system and these metrics are tightly linked in non-linear relationships. Balance is desirable, but not reality.” Figure 2: Supply Chain Effective Frontier.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Software 150

Supply Chain Network

MAY 27, 2017

Even more interesting is that Digital Enterprise Planning is simply a more complete construct to embody and bring to life The SCM Company vision I’ve been incubating over the last several years.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Planning Forecasting Software Scenario Planning 60

RFgen

APRIL 20, 2023

With the growing reliance on digital technologies and reliable data, Oracle Fusion Cloud SCM has emerged as a powerful platform, enabling organizations to optimize their inventory control practices. One such solution is mobile barcoding, which extends the power of Oracle Fusion Cloud SCM to point-of-scan.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

Logility

MAY 22, 2020

The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization. A great example of this comes from a Logility customer.

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

Supply Chain Shaman

OCTOBER 20, 2012

We are trying to understand how supply chain leaders have raised the bar at the intersection of these four sets of metrics on the supply chain effective frontier. I also believe that it is because the organization is not incented to manage cash-to-cash metrics. The results have been eye-opening. We hope to see you there!

Inventory Reduction 262

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 262

Supply Chain View from the Field

AUGUST 27, 2014

Students will learn core processes around initial exploration and assessment of supply chain relationships, establishing metrics/expectations for the relationship, crafting and managing contracts, and sustaining continuous performance improvement in sourcing, logistics and operations.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Supply Chain Design Software Manufacturing Procurement 68

Supply Chain Shaman

NOVEMBER 22, 2015

Forecast Accuracy. A contract manufacturer shares discount pricing based on forecast accuracy of the customer. Forecast accuracy, and compliance to the projected order pulls is the basis for pricing. For example, use customer forecasts only when you understand the error and bias. Shipping Standards. What do I mean?

Supply Chain Design Software 135

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 135

Supply Chain Game Changer

NOVEMBER 8, 2018

In some cases emergencies or extenuating circumstances force the need for immediate change in your business, your processes, your metrics and your organization. It is important to ensure that there is a common grounding in what your current metrics are and what your current state process are. The Brute Force Approach!

Cost Reduction Strategies 42

Cost Reduction Strategies Resource Reduction Expense Reduction Metrics 42

Supply Chain Game Changer

NOVEMBER 22, 2018

While there is no long term forecasting the game does work well when managed as a Lean, Just-In-Time Delivery system. There are many different metrics that you can track in FarmVille as well. I believe those to be the end result metrics and everything else is a supporting metric. The FarmVille Supply Chain Conclusion.

Supply Chain Planning Software 46

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Optimization 46

Supply Chain Game Changer

NOVEMBER 10, 2018

A manufacturer seeking to collaborate with a major retailer in order to improve its own forecasting performance, for example, will have little to gain from access to the retailer’s point-of-sale data unless it has the in-house analytical capability to make effective use of that data. Improved customer service metrics.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

Supply Chain Game Changer

NOVEMBER 9, 2018

You know the people, the processes and the metrics. Poor metric performance (eg. Inability to forecast, do what-if analyses and to make and meet commitments. Too many metrics, no targets, and no focus. SCM #SupplyChain #leadership #logistics #procurement. Poor leadership. All Rights Reserved. All Rights Reserved.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 43

Supply Chain Shaman

SEPTEMBER 20, 2015

In fact, the teams ignore the forecast. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. Spinnaker Management Group asked me to co-present on a demand-driven webinar with SanDisk. When I heard their story, I scratched my head. It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

JANUARY 22, 2013

The old terms of CRM, PLM and SCM have lost meaning. Yesterday’s solutions for DRP, forecasting, merchandising and assortment/fulfillment are just not up to the task, and ERP needs to be recognized as the important system of record, but not the platform for the market-driven retail value network.

Supply Chain Design Software 237

Supply Chain Design Software Analytics Software Supply Chain Network Software Modeling Software 237

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Prescriptive Analytics Software 121

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 121

Supply Chain Game Changer

NOVEMBER 20, 2018

This should involve the review of metric performance against targets, schedules, resources, audit results and action plans, and control posture. You need to know that your supplier has the flexibility to respond to your needs whether they are higher or lower than your forecasts. Always qualify your suppliers thoroughly!

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Sourcing Supply Chain Planning Software 44