ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Silvon Software

AUGUST 8, 2022

To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance. But how can organizations best use data analytics to enhance their supply chain management efforts?

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Logility

JUNE 27, 2018

Analytics are literally everywhere. Open any supply chain periodical, blog, or report and chances there is a discussion around the importance of analytics. An important goal of a supply chain analytics initiative is to enable better business decisions that improve operating results and allow you to be more responsive to customer needs.

Prescriptive Analytics Software 113

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 113

QAD

OCTOBER 4, 2023

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Logility

JUNE 28, 2018

Analytics are literally everywhere. Open any supply chain periodical, blog, or report and chances there is a discussion around the importance of analytics. An important goal of a supply chain analytics initiative is to enable better business decisions that improve operating results and allow you to be more responsive to customer needs.

Prescriptive Analytics Software 101

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 101

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Adexa

JULY 17, 2023

Even real-time decision making is being replaced with before-the-time decision making by predicting events. It allows organizations to track and monitor inventory levels, production status, transportation, and other crucial supply chain activities. Processes that used to take days can now be done in minutes.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

Logistics Viewpoints

JUNE 26, 2023

The final goal was to develop end-to-end visibility based on leveraging data analytics. What a Supply Chain Digital Transformation Means Unsurprisingly, a company as large as Mars has a highly complex supply chain involving global sourcing, manufacturing, and distribution. It’s been highly resilient over hundreds of years.”

Supply Chain Planning Software 207

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

Intelligent Audit

OCTOBER 27, 2022

Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. Or in some cases, there are so many data sources and raw data it can feel overwhelming, leading to inaction and not getting the most out of the data.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

SCMDOJO

APRIL 9, 2024

From the ubiquity of the Internet and various electronic gadgets, we are now in the era of next-level digital space where businesses and individuals can easily leverage the power of cloud computing, big data analytics, AI, and the Internet of Things (IoT). The market for logistics robotics is predicted to reach $6 billion by 2027.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

BlueYonder

DECEMBER 18, 2023

The IDC MarketScape looked at whether the applications could support profitable decision-making, enhance both the pre- and post-purchase customer experience, position inventory accurately, and optimize the in-store experience. The IDC MarketScape report on Order Orchestration and Fulfillment evaluates 14 software vendors in this area.

Optimal Sourcing 94

Optimal Sourcing Procurement Analytics Supply Chain Planning Software Predictive Analytics Software 94

QAD

JUNE 20, 2023

Operations and manufacturing managers always look at metrics on productivity, schedule adherence, downtime and other critical production data. They can collect data on production processes, inventory levels, machine performance and other relevant metrics. It also enables better demand forecasting and planning.

Optimal Sourcing 88

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 88

Elementum

FEBRUARY 7, 2024

This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logility

MARCH 21, 2023

More importantly, better decisions can be made faster by replacing outdated spreadsheets and paper reports with in-the-moment, predictive data analytics delivered through the platform. This information allows CSCOs to react to real-time differences between inventory levels, budgets, and fiscal projections.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Scenario Planning Supply Chain Planning 130

Logility

APRIL 23, 2020

So, the promise of using statistical algorithms, forecasting and predictive analytics is now added to the list of a company’s number one priorities. In far too many cases, forecasts are done as a fishing expedition where analysts run the data through predictive algorithms to see what “pops.” Take a data asset inventory.

Forecasting 148

Forecasting Forecasting Software How To Procurement Analytics 148

Logility

JUNE 7, 2023

Accurate demand forecasts can empower a business to optimize its production schedules, manage its inventory efficiently, and minimize waste, which can lead to improved profit margins. Demand forecasting is the systematic process of predicting future demand for a product or service. Neglecting these can distort your forecast.

Supply and Demand 130

Supply and Demand Demand Planning Software Forecasting Software Forecasting 130

ThroughPut

MARCH 24, 2024

Conditions of erratic demands, long-period metrics, and unavailability of raw materials have brought forth a plethora of problems: Trouble managing capacity with high peaks and troughs in demand for goods, capacity management has become a key concern. Excess inventories lead to excess wastage.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

GlobalTranz

SEPTEMBER 23, 2021

Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Delays and congestion worsen each year, inventory strains continually affect capacity, and customer needs remain ever-changing. transportation metrics ?that Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. As such, optimally managing your sales and inventory at Kroger is essential to grow your brand and solidify its foothold with the end consumer.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

QAD

AUGUST 29, 2023

Collaboration with these partners can provide organizations with the information they need to make better decisions about inventory, production and distribution. This information can help organizations adjust their inventory levels and production schedules to meet customer needs and reduce stockouts.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 93

ivalua

SEPTEMBER 14, 2022

Yet despite the availability of new platforms and analytics tools, supply chain risk management strategies remain in their infancy post-pandemic. Almost seven-in-ten (68%) of organizations view suppliers as a source of differentiation, while 66% now collaborate with suppliers to increase supply chain resilience.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

RFgen

MARCH 10, 2023

Order picking is a critical process in warehouse management that involves selecting items from inventory and assembling them into customer orders. Analyzing Current Order Picking Process If your warehouse picks inventory for orders, then you are probably familiar with your order picking process.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

EazyStock

OCTOBER 10, 2018

Processing a large volume of information the main benefit of big data analytics. Variety – The different forms of data sources. Big data exists in real-time and involves prompt access to data, alerts and inventory management and control metrics through cloud computing systems.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

SYSPRO Smarter ERP

JUNE 9, 2022

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? BI and analytics have gone mainstream, as evidenced by Snowflake’s (a data warehousing company) transformation from a startup into a $63 billion company in just ten years. How much does it cost us to manufacture this product?

Supply Chain Design Software 98

Supply Chain Design Software Analytics Software Supply Chain Planning Software Predictive Analytics Software 98

Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand. We’re making the future.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Vanguard Software

APRIL 16, 2021

While the transformational power of AI is evident, too much faith is put into supply chain simulation platforms that are neither accurate nor predictive. This last factor, also known as predictive analytics , is the basis for successful supply chain simulation software. Scenario Planning During COVID-19. Scenario Analysis.

Modeling 52

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Software 52

ShipBob

JULY 2, 2021

By using a combination of technologies like AI, machine learning, and predictive analytics, online brands can manage complex supply chains by automating warehouse operations, improving delivery times, easily managing inventory, optimizing third-party communication, and creating new customer experiences that increase satisfaction and boost sales.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

ThroughPut

OCTOBER 7, 2022

After all, most of these business functions were created for a very different era where any change was predicted earlier and absorbed easily. Understanding and predicting demand in unpredictable times. Most manufacturers prefer to leverage analytics data over traditional forecasting and time series techniques.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

IQMS

JULY 11, 2019

McKinsey also found that AI-enhanced predictive maintenance of industrial equipment will generate a 10% reduction in annual maintenance costs, up to a 20% downtime reduction and 25% reduction in inspection costs. Source: Smartening up with Artificial Intelligence (AI) – What’s in it for Germany and its Industrial Sector?

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

ThroughPut

AUGUST 24, 2021

Conditions of erratic demands, long-period metrics, and unavailability of raw materials have brought forth a plethora of problems, such as – Trouble Managing Capacity : With high peaks and troughs in demand for goods, capacity management has become a key concern. Excess Inventori es : Excess inventories lead to excess wastage.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Enterra Insights

JULY 28, 2020

”[2] The explain, “Traditional supply chains, reliant on manual processes, simply cannot keep up with the pace of today’s market; the processes for balancing inventories and forecasting used ten years ago are quickly overwhelmed. ” Advanced analytics are at the heart of a cognitive supply chain.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

DynaSys

FEBRUARY 3, 2021

Understand their sources of income. Pinpoint the biggest profit-makers in your planning system and then commit to only offering the most predictable and reliable products until the disruption has passed. Use these to inform demand forecasts to guide inventory and supply decisions. Supplier, customer insolvencies or difficulties.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97