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%. Enhanced foundation for decision making (S&OP). Reporting sped up by 50%.

article thumbnail

Supply Chain Normalcy? Think Again.

Supply Chain Shaman

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. S&OP is too slow and cannot achieve the needed alignment. Process latency, the time for an organization to make a decision using a traditional S&OP process, is two-to-six weeks.

Insiders

Sign Up for our Newsletter

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

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

Contingency Planning Amid a Potential Rail Strike

QAD

Just when manufacturers and distributors thought some semblance of “normal” might be returning, the possibility of a railroad strike has resurfaced. Manufacturers and processors know that the supply chain remains battered and fragile. According to a recent Bloomberg article , trains move about 28% of total U.S.

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. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. It’s just a set of numbers.

article thumbnail

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

DELMIA Quintiq

Why do manufacturers need an effective supply chain plan? Without an effective supply chain plan, manufactures cannot make accurate and timely decisions on what to buy, what to make, what to move, what to stock, when to launch and when to discontinue. Sales and Operations Panning (S&OP ) is a process and often a planning solution.

article thumbnail

Supply Chain Movement 21 – S&OP + IT

Supply Chain Movement

In the last three years we’ve developed our strategy, centralised procurement, purchasing and manufacturing aligned our portfolios across all categories globally and developed our exclusive brands portfolio. 29 | Checklist Freight Spend Management. 29 | Checklist Freight Spend Management. Grandvision has grand plans.