article thumbnail

Shouldn’t GenAI Mean New Gen?

Supply Chain Shaman

Let’s Start With Clear Definitions My inbox is full. Let’s have fun! Let’s start with the definitions: Graph AI uses Machine Learning on graph-based technology to understand the relationships between variables to drive insights. Many of today’s solutions include Narrow AI. Or transform work?”

article thumbnail

10 Commandments of Inventory Management

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

The roots of IBP are in sales & operations planning (S&OP). S&OP is usually a month-long cross functional process that involves five steps. Mr. Herrin has been doing sales & operational planning (S&OP), and now integrated business planning, for over 40 years. It’s the narrative.

article thumbnail

Contingency Planning Amid a Potential Rail Strike

QAD

While responding to supply challenges by adapting to new ways of working, increasing inventories and improving digital and risk management strategies, manufacturers understand the harsh truth: . Contingency Planning with an S&OP Process. S&OP is even more vital during times of disruption and flux.

article thumbnail

Infographic: Manufacturing Success: How ToolsGroup Customers Excel

ToolsGroup

With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Reduced inventory value of safety stock on clustered items by 18%. Reporting sped up by 50%.

article thumbnail

Supply Chain Movement 21 – S&OP + IT

Supply Chain Movement

Many companies who have gone down the sales & operations planning (S&OP) route over the past few years are now on the threshold of the next phase: to make demand and supply planning financially relevant and to implement scenario planning. 29 | Checklist Freight Spend Management. 29 | Checklist Freight Spend Management.

article thumbnail

What is Supply Chain Planning Software and How Can it be Used Effectively? Part 1

DELMIA Quintiq

Sales and Operations Panning (S&OP ) is a process and often a planning solution. In S&OP the medium and long-term objectives of the organization are considered in conjunction with the strategic demand and supply plans as prepared in demand planning and supply planning.