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

Logistics Viewpoints

MARCH 27, 2023

Two months before COVID made headlines in the US, nobody was forecasting the dramatic downturn in demand. If a recession hits, demand will decrease. How much will demand be impacted? When companies talk about improving their forecasting, they are most often referring to demand forecasting. When will the recession hit?

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain Shaman

APRIL 15, 2020

My last post on the Supply Chain Shaman blog was forty-five days ago. My first focus was on China sourcing. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. As we moved into our new roles, for all supply chains, demand shifted.

Supply Chain Planning Software 443

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 443

ToolsGroup

MARCH 17, 2020

With supply chain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions. As COVID-19 continues its malevolent spread around the world, concerns grow regarding the continued impact on supply chains and business continuity.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

ToolsGroup

MAY 30, 2018

The growing momentum around systems-based thinking in supply chain planning has given rise to a new concept called the “digital twin”. There has been a lot of discussion around this topic lately and I wanted to offer a few insights, including around the importance of the data model in high-quality decision making using digital twins.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

Supply Chain Shaman

NOVEMBER 29, 2021

“When will the impact of the pandemic on the supply chain be over?” The building of the global supply chain over the last seven decades evolved based on three assumptions: Number 1. With availability assumed, the traditional focus of supply chain practices was on negotiating the lowest price. ” My answer?

Supply Chain Planning Software 280

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 280

ThroughPut

DECEMBER 1, 2023

In the dynamic world of supply chain management, demand planning is a critical component for achieving holistic supply planning. It involves constructing an accurate forecast of future demand based on supply drivers, aiming to meet customer needs as precisely as possible.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. Many companies buy forward inventory ahead of tariffs being implemented. This practice is illegal. Postponement.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Logistics Viewpoints

MAY 8, 2023

In its ideal form, supply chain planning should help leaders balance customer service with profits and even cash flow. There is a known problem for manufacturers in synchronizing their supply chain. Mr. Botha does a lot of supply chain planning work implementing SAP supply chain solutions.

Supply Chain Planning Software 196

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 196

Logistics Viewpoints

JUNE 30, 2022

We’ve only just entered the second half of the year and people haven’t even taken their summer vacations yet, so why are we talking about holiday supply chains now? You might be thinking, “Well, but what about growing retail inventories? Shouldn’t this alleviate the pressure on holiday supply chains?”. Not really. A ratio of 1.5

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

Supply Chain Shaman

NOVEMBER 29, 2021

“When will the impact of the pandemic on the supply chain be over?” The building of the global supply chain over the last seven decades evolved based on three assumptions: Number 1. With availability assumed, the traditional focus of supply chain practices was on negotiating the lowest price. ” My answer?

Supply Chain Planning Software 269

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 269

Logistics Viewpoints

MAY 22, 2023

A Supply Chain Design Solution from Coupa Imagine you’ve just received the job offer of your dreams. If you have been through this process at least once, you already have a good idea of what supply chain design is about: optimization. When most people hear the word “optimization,” they immediately think about minimizing costs.

Supply Chain Design Software 178

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 178

DynaSys

JUNE 30, 2020

It’s a universal truth that in supply chains there has to be a plan. A plan of what is going to be sold, a plan of what inventory is needed to meet the demand, a plan of what to make, and a plan of what to buy. The impact has been felt in every supply chain in the world.

Scenario Planning 96

Scenario Planning Modeling Supply Chain Planning Software Supply Chain Planning 96

ToolsGroup

FEBRUARY 19, 2020

“Good old supply chain. said no VP of supply chain ever. . We’ve created quite a monster with all the sophisticated tools we use to influence demand with pricing, new product introductions and promotions. As businesses use more “levers” to influence demand, demand variability grows. What is Demand Sensing? .

Supply and Demand 218

Supply and Demand Modeling Demand Planning Software Optimal Sourcing 218

Logistics Viewpoints

OCTOBER 21, 2021

Recent supply chain disruptions are forcing organizations to challenge the prevailing wisdom and look for newer approaches to decision making. The simultaneous shocks to demand and supply, and the magnitude of these shocks are not something the world ever experienced.

Supply Chain Design Software 189

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Modeling 189

Clear Spider

MARCH 21, 2024

Supply chains are expected to operate effectively through natural disasters, pandemics, trade barriers, unforeseen factory shutdowns, and product recalls. AI inventory solutions create more powerful and adaptive supply chains. In today’s fast-paced world, simple, reactive supply chains just won’t cut it.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

Kinaxis

JULY 24, 2018

It is inevitably becoming a major source of revenue in today’s global economy, led by the likes of Uber and Airbnb. By using new digital platforms, the sharing economy has created an effective business model for the utilization of goods and availability of services. Benefits of the sharing economy model on supply chains.

Modeling 216

Modeling Modeling Software Supply Chain Planning Software Supply Chain Software 216

ThroughPut

APRIL 30, 2024

These inaccuracies can lead to overstocking or understocking, missed opportunities, and a failure to meet customer demand. Fortunately, a solution is emerging that not only relieves these pains but also transforms them into competitive advantages: AI forecasting, a paradigm shift in supply chain management.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

Supply Chain Shaman

NOVEMBER 29, 2021

“When will the impact of the pandemic on the supply chain be over?” The building of the global supply chain over the last seven decades evolved based on three assumptions: Number 1. With availability assumed, the traditional focus of supply chain practices was on negotiating the lowest price. ” My answer?

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 195

ToolsGroup

SEPTEMBER 20, 2022

Kuznetsova is among the supply chain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supply chain network. Her success as a leader both reflects and propels women’s advancement not just in supply chain, but in the professional world in general.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Modeling 156

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. The bulk business also involves filling the tanks of businesses that use propane as an energy source. The company hired a demand forecaster who had a background in forecasting.

Forecasting 167

Forecasting Forecasting Software Optimal Sourcing Modeling 167

ThroughPut

OCTOBER 16, 2022

A roadmap towards achieving demand-driven inventory replenishment planning. Demand planning is a key requisite for holistic supply planning as it involves building an accurate forecast of future demand based on supply drivers, to meet customer needs as precisely as possible. Optimized Warehouse Management.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. They represent distinct facets of the broader logistics and operations landscape.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. They represent distinct facets of the broader logistics and operations landscape.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

SYSPRO Smarter ERP

DECEMBER 13, 2021

Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs in order to keep goods flowing in a predictable and manageable way.

Inventory Management Software 122

Inventory Management Software Inventory Management Inventory Reduction Sourcing Strategies 122

ThroughPut

APRIL 15, 2024

These inaccuracies can lead to overstocking or understocking, missed opportunities, and a failure to meet customer demand. Fortunately, a solution is emerging that not only relieves these pains but also transforms them into competitive advantages: AI forecasting, a paradigm shift in supply chain management.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

Recent cumulative events have increased the emphasis on the supply chain, emphasizing its importance and bringing it to the fore. As was quoted, “no one mentions the supply chain when it works, but when it fails….” This highlighted the strengths and weaknesses across supply chains and led to many investments in process and technology.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

ToolsGroup

APRIL 13, 2020

Businesses around the world are learning to adapt as best they can to the COVID-19 supply chain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supply chains. If you do the math there, you have to make 748,000 inventory decisions per month.

Supply Chain Planning Software 296

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

SCMDOJO

APRIL 9, 2024

Companies that integrate these technologies in their logistics and supply chain processes optimize their operations and set themselves up for long-term success. In the world of logistics, this means enhanced operational efficiency for inventory management, route optimization, safety and security of goods, and resource allocation.

Supply Chain Design Software 76

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

Supply Chain Shaman

SEPTEMBER 27, 2021

Building Supplies. Supply chain shortages abound. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world.

Supply Chain Planning Software 339

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 339

Logistics Viewpoints

JUNE 26, 2023

Mars has been on a journey to transform their digital supply chain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supply chain transformation. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supply chain mean for us?”

Supply Chain Planning Software 207

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

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. What Is Prescriptive Analytics in Supply Chain? How Prescriptive Analytics Has Been Driving Value In Supply Chain Optimization?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Logistics Viewpoints

APRIL 29, 2024

Michael Jacobs, Senior Vice President of Supply Chain at Ferguson PLC In 2022, I wrote an article called The Best Supply Chain Company You Have Never Heard Of. Ferguson has an extensive and complex supply chain. The company sources goods from 36,000 suppliers out of 30 nations. Steve Banker “What is the payback?”

Supply Chain Design Software 226

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Optimization 226

Taulia

APRIL 5, 2023

The right approach to supply chain management can bring about significant operational advantages. Aside from the primary benefits, like ensuring customer orders are fulfilled on time, a well-managed supply chain can be the driving force behind operational efficiency and actively protect against supply chain risks.

Modeling 52

Modeling Material Savings Modeling Software Optimization Modeling 52

Logistics Viewpoints

MAY 26, 2022

Changes in our lives, economies and supply chains are ubiquitous and well embedded now. It’s time to focus on how we innovate and optimize our businesses and operations in this permanently altered world. Challenges drive dramatic shifts in supply chain and logistics. Hallmarks of successful logistics transformation.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . With the pandemic leaving a deep impact, organizations need to now be better prepared to gain end-to-end visibility across demand and supply chains, especially with their level of preparedness to adapt to sudden changes in demand.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52