Logistics Viewpoints

MARCH 26, 2025

They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Excess inventory, stockouts, and increased transportation expenses are common consequences of outdated planning methods.

Supply Chain Planning Software 235

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Planning 235

Logistics Viewpoints

MARCH 6, 2025

Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. What Is Agile Procurement? Agile procurement is your lifeline.

Price Reduction 229

Price Reduction Material Savings Cost Reduction Strategies Waste Reduction 229

ToolsGroup

FEBRUARY 12, 2025

Identify and prioritize sources of uncertainty and variability in your supply chain and use this data to improve your planning and decision-making. Heres how to approach this shift from forecast-driven to uncertainty-driven planning: Acknowledge that your forecast will be wrong.

Optimal Sourcing 156

Optimal Sourcing Modeling Forecasting Supply and Demand 156

ToolsGroup

MARCH 14, 2025

Your Aftermarket Supply Chain is More Complex Than You Think Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. If your business is still guessing at demand instead of optimizing it, youre sacrificing more than efficiency. The outcome?

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Optimization Software Inventory Reduction 156

Logistics Viewpoints

DECEMBER 18, 2024

Reducing dependency on fossil fuels can mitigate these risks and improve operational predictability. Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. Proactively adopting cleaner energy sources ensures alignment with these evolving regulations.

Optimal Sourcing 273

Optimal Sourcing Supply Chain Design Software Material Savings Supply Chain Planning Software 273

RFgen

DECEMBER 19, 2024

But between rising costs, complex logistics, and the constant struggle to optimize space and labor, staying ahead can feel like an uphill battle. That’s where warehouse optimization comes in. Here’s what you can expect: A clear definition of warehouse optimization and its core components. Ready to get started?

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

Logistics Viewpoints

FEBRUARY 25, 2025

The company, heavily invested in Canadian manufacturing, faced a crisis because its raw materials were sourced from outside North America, disqualifying it from USMCA tariff exemptions. Establish inventory reserves in key markets to avoid supply chain disruptions.

Manufacturing Procurement 265

Manufacturing Procurement Inventory Reduction Price Reduction Material Savings 265

RFgen

NOVEMBER 27, 2024

It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. By harnessing the power of data science and analytics, you can gain end-to-end visibility across your entire network, breaking down information silos and optimizing every stage of your operations.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Organizations require robust inventory management systems capable of handling diverse parts throughout their lifecycle.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

ToolsGroup

MARCH 31, 2025

Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization. This approach significantly improves forecast accuracy and enhances decision-making across distribution networks.

Forecasting 156

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 156

ToolsGroup

APRIL 17, 2025

Improving demand forecast accuracy is crucial for supply chain success. Traditional demand forecasting methods often fall short, resulting in inefficiencies, excess inventory, and lost revenue. Unlike static demand prediction models, AI-driven forecasting adapts over time, leading to improved demand forecast accuracy.

Forecasting 156

Forecasting Modeling Supply and Demand Optimal Sourcing 156

Logistics Viewpoints

JANUARY 21, 2025

Retain and Utilize Memory: They utilize short-term and long-term memory to learn from user interactions and provide personalized responses, with the ability to share memory across multiple agents in a system to improve consistency. Typically, these systems consist of standard-task agents (e.g., data extractors or image interpreters).

Supply Chain Planning Software 300

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 300

Logistics Viewpoints

MAY 1, 2025

Innovation Pillars: Diagnose: primarily powered by Infor Process Mining, this capability helps organizations gain visibility into business processes, uncover non-conforming variants, identify critical bottlenecks, and optimize operations based on data. Smart Import is also being leveraged to accelerate data integration from various sources.

Prescriptive Analytics Software 218

Prescriptive Analytics Software Optimal Sourcing Material Savings Predictive Analytics Software 218

Logistics Viewpoints

AUGUST 29, 2024

In this article, we will delve into strategic ways for warehouse managers to eliminate waste, with a focus on not only optimizing the use of cartons and packing, but labor resources and warehouse space as well. One effective method to optimize packing is the standardization of carton sizes.

Waste Reduction 299

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 299

Logistics Viewpoints

NOVEMBER 20, 2024

Senior leaders must think beyond incremental improvements, embracing systemic innovation to achieve significant environmental impact. Meanwhile, advances in AI-driven route optimization reduce unnecessary mileage, cutting emissions and costs. Ethical sourcing is a fundamental aspect of social sustainability.

Waste Reduction 304

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 304

Logistics Viewpoints

OCTOBER 17, 2024

We remind why suppliers are critical for supply chain success and what CEOs and business leaders can do to improve supplier relationships. When companies collaborate closely with suppliers, they can co-develop new products and improve existing processes, leading to competitive advantages in terms of product differentiation.

Manufacturing Procurement 298

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 298

Logistics Viewpoints

MARCH 12, 2025

They follow “if-this-then-that” (IFTTT) logic, meaning that when certain conditions are met, the contract automatically executes an agreed-upon action, such as releasing a payment, updating an inventory record, or verifying a shipment. Inventory counts often require manual audits, which are time-consuming and prone to mistakes.

Supply Chain Design Software 285

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Negotiating Skills 285

Logistics Viewpoints

FEBRUARY 4, 2025

Source: mainebiz.biz In today’s rapidly evolving logistics and supply chain sector, warehouses are increasingly turning to innovative technologies to gain a competitive edge. The integration of robotics within warehouse operations has led to significant improvements in productivity, accuracy, and cost savings.

Supply Chain Design Software 270

Supply Chain Design Software Waste Reduction Resource Reduction Cost Reduction Strategies 270

ToolsGroup

JULY 13, 2023

A significant addition to our Inventory Hub® product, Dynamic Fulfillment leverages advanced optimization logic to determine what to ship, from where, in real-time, to reduce shipping costs, improve margins, and satisfy empowered customers. The reasons for this are many.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

Supply Chain Shaman

APRIL 2, 2025

The issue is that when companies optimize functional metrics, they throw the supply chain out of balance and sub-optimize value. All our great tools in our toolbox to improve supply chain planning, but my observation is that we are trying to AI stupid. Traditional approaches built optimization on top of relational databases.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Design Software 195

ToolsGroup

MARCH 31, 2025

Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Forecasting Software Inventory Reduction 156

ToolsGroup

MARCH 26, 2025

Safety Stock: Navigating Supply Chain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supply chain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties. Forecast Inaccuracy Strategically offsets errors in predicting future demand.

Supply Chain Planning Software 156

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Planning 156

Logistics Viewpoints

MARCH 27, 2025

They are applying predictive analytics and data science to choose an optimal response quickly, driven by facts and pre-defined business outcomes. Teams are constrained by their physical resources, like trucks, inventory, and labor capacities, as they seek to resolve a disruption. billion to $23.07

Supply Chain Planning Software 333

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 333

ToolsGroup

MARCH 18, 2025

Your Aftermarket Supply Chain is More Complex Than You Think: Stop Guessing, Start Optimizing Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. If your business is still guessing at demand instead of optimizing it, youre sacrificing more than efficiency.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Inventory Reduction Waste Reduction 156

Logistics Viewpoints

OCTOBER 24, 2024

Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience. SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions.

SAP 298

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 298

ToolsGroup

FEBRUARY 4, 2025

Technological Advancements Real-time inventory tracking and predictive analytics give leading firms a competitive edge. Optimize Inventory and Pricing Use AI-driven insights for stock mix optimization and dynamic pricing, reducing excess stock while meeting service level goals.

Price Reduction 156

Price Reduction Inventory Reduction Material Savings Cost Reduction Strategies 156

Silvon Software

APRIL 16, 2025

Inventory is the lifeblood of any manufacturing business. By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. Tracking inventory flow and performance across your supply chain is a must. But what exactly should you measure?

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

RFgen

DECEMBER 26, 2024

Introduction Inventory management is the backbone of a successful supply chain operation, but it’s often a source of persistent frustration. Mobile inventory management offers a transformative solution, providing the real-time data and streamlined workflows needed to optimize operations and gain a competitive edge.

Inventory Reduction 98

Inventory Reduction Optimal Sourcing Inventory Management Software Inventory 98

SCMDOJO

OCTOBER 28, 2024

Procurement People should learn the Sales & Operations Planning (S&OP) Process. Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies.

S&OP 91

S&OP Optimal Sourcing Supply and Demand Material Savings 91

The Logistics of Logistics

OCTOBER 30, 2023

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization.

Optimal Sourcing 278

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 278

Supply Chain Shaman

MAY 21, 2024

In 2016, we finished a study on continuous improvement. In the study, when we asked for the top elements of business pain to drive continuous improvement for companies greater than 5B$ in annual revenue, as shown in Figure 1, we found the largest issues with cross-functional alignment and availability of talent. My answer is no.

Procurement Analytics 393

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 393

ToolsGroup

MARCH 3, 2025

AI-powered demand forecasting software can significantly improve predictive accuracy, making it a crucial component of modern supply chain planning software. By incorporating probability forecasting, businesses can improve supply chain optimization, maintain optimal inventory levels, and build a more resilient supply chain.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Modeling 156

Logility

DECEMBER 16, 2024

Balancing forecast accuracy with inventory management gets more challenging every day. These approaches help companies improve short-term, mid-term, and long-term planning. Download Now AI Solutions for Complex Demand Planning For supply chain professionals, managing demand involves analyzing multiple signals from diverse sources.

Supply and Demand 194

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 194

ToolsGroup

FEBRUARY 24, 2025

It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Given todays volatile market conditions, companies must adopt more advanced forecasting techniques to improve resilience and customer service. Image source: Stefan de Kok 2.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. As companies across industries have discovered, a well-optimized supply chain can drive significant improvements throughout their operations.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Logistics Viewpoints

APRIL 2, 2025

Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.

Modeling 173

Modeling Modeling Software Supply Chain Planning Software Supply Chain Design Software 173