Supply Chain Shaman

MARCH 21, 2023

Bloated inventories. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. The larger the number of days of inventory, the greater the cash drag.) Changes in Inventory Year-end inventory values by industry from Y Charts. The story continues. Rising inflation. Next steps?

Inventory Reduction 382

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 382

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. In the complex world of supply and demand, inventory optimization ensures a perfect balance between having too much and not enough stock.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Inventory Reduction Modeling 111

Enterra Insights

OCTOBER 13, 2023

The Just-In-Time Supply Chain Model vs. Just-In-Case Supply Chain Model Several years ago, when the pandemic became a full-blown global crisis, most supply chains used the “just-in-time” model, which relies on resources and goods being available right when they’re needed. Excess inventory is a $250+ billion problem in the U.S.

Modeling 130

Modeling Modeling Software Supply Chain Design Software Optimization Modeling 130

Logility

AUGUST 17, 2021

Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. An advanced inventory planning and optimization solution allows these companies to set and maintain precise stock targets across a global network.

Modeling 130

Modeling Inventory Reduction Supply Chain Optimization Packaging 130

Logility

OCTOBER 19, 2023

Why Network Optimization Is the Key to Consumer Packaged Goods Supply Chain Resiliency It has been a few years since the onset of the pandemic exposed the tragic consequences of supply chain fragility within the consumer packaged goods (CPG) industry. They simply cannot keep pace with business dynamics.

Network Optimization Software 130

Network Optimization Software Modeling Network Optimization Supply Chain Optimization 130

Logility

AUGUST 31, 2021

However, inventory optimization for beverage brands can help these organizations overcome such challenges with greater ease and speed. This basic replenishment tactic does not provide the accuracy and visibility needed to drive greater efficiency, ensure a right-sized inventory, improve customer service, and expand product sales.

Modeling 130

Modeling Beverage Inventory Reduction Supply Chain Optimization 130

DELMIA Quintiq

SEPTEMBER 22, 2021

An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Types of inventory that can be optimized.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

ToolsGroup

DECEMBER 11, 2023

BOSTON and LONDON – December 12, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce to has been named a technology leader in the in the SPARK Matrix™ analysis of Intelligent Retail Pricing and Promotion Optimization (IRP&PO) by Quadrant Knowledge Solutions (QKS).

ToolsGroup 156

ToolsGroup Price Reduction Optimization Software Modeling 156

Logility

JUNE 28, 2022

With Starboard’s Digital Twin Technology, Logility Clients Can Better Answer “What if” Scenarios and Optimize Supply Chain Networks to Overcome Disruptions and Drive Growth. The solution is built for continuous use, eliminating the need for a consulting project to model potential resolutions to unexpected supply chain disruptions.

Optimal Sourcing 252

Optimal Sourcing Network Optimization Software Logility Supply Chain Network Software 252

Arkieva

FEBRUARY 18, 2020

In a recent blog on Inventory Forecasting the core challenges and business importance of estimating inventory are outlined. A projected inventory position across time (plan) is a natural co-product of most central or master planning models that match assets with the demand to create a projected supply line linked to demand.

Forecasting 101

Forecasting Modeling Optimization Modeling Supply Chain Optimization 101

AIMMS

NOVEMBER 12, 2015

Optimization is a form of advanced analytics that helps you solve complex decision problems, enabling you to make the best use of your business’ limited resources.* You can do all of this and more with an optimization technology. JBS: A case for integrating optimization in S&OP and IBP. Should we increase our inventory?

Optimal Sourcing 156

Optimal Sourcing Modeling Optimization Modeling Modeling Software 156

Supply Chain Shaman

FEBRUARY 26, 2024

Can you describe the outside-in model? The company aligns channel requirements with available donors and successfully drives bi-directional orchestration programs to manage the reverse bill of materials (red cells and plasma) and demand-shaping campaigns to drive the right donors to the blood drives based on inventory levels.

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

DELMIA Quintiq

JANUARY 11, 2021

All these factors culminate in the inability to formulate and build optimal plans and react to changes. It is crucial for wire and cable manufacturers to optimize forecasting and production capacity. Achieving this means the need to optimize your sales and operations planning (S&OP).

Modeling 268

Modeling Scenario Planning Optimization Modeling Supply Chain Optimization 268

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. With the aid of automation technology, businesses are able to streamline inventory management and cost control.

Inventory Reduction 77

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 77

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more. trillion parameters.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

Logistics Viewpoints

MAY 19, 2022

Supply chain optimization has also improved in significant ways that can address these trade-offs better than before. Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges. Supply chain optimization for today’s realities.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? What is stock optimization? Understand your demand.

Modeling 98

Modeling Optimization Software Inventory Reduction Optimization Modeling 98

Logility

NOVEMBER 9, 2022

Start your journey with the top six use cases for network optimization. And then a different but still ideal network for the following order – ideal in the sense of the optimal balance of cost, speed, risk mitigation, growth, customer satisfaction and meeting environmental, social and governance commitments.

Network Optimization Software 130

Network Optimization Software Network Optimization Modeling Optimization Modeling 130

Logility

AUGUST 31, 2022

It’s a complex problem, but you can successfully optimize inventory levels with the right approach and technology. With all of today’s supply chain disruptions, and new ones no doubt lurking around the corner, companies without optimized inventory are risking overpaying and underperforming.

Supply Chain Planning Software 130

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

ToolsGroup

MARCH 22, 2016

Principal Analyst James Cooke of Nucleus Research just published his 2016 Inventory Optimization Value Matrix which highlights this year’s key trends, including functionality and usability. He reiterates why his firm sees inventory optimization (IO) solutions as so important.

Optimal Sourcing 120

Optimal Sourcing Modeling Optimization Software Inventory Reduction 120

AIMMS

NOVEMBER 9, 2020

Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling. Specifically, we looked at three use cases for scenario modeling using our cloud-based IBP app. The post IBP Scenario Modeling for Recovery, Restructuring and Resilience appeared first on AIMMS.

Modeling 156

Modeling Scenario Planning Optimization Modeling Modeling Software 156

SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory Reduction 84

Inventory Reduction Analysis Material Savings Optimal Sourcing 84

ToolsGroup

SEPTEMBER 9, 2020

How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? They care if you have the inventory they want when they want it. But carrying too much inventory can reduce profits and might not be practical for some items such as fresh goods. How do you turn a good forecast into a great inventory plan?

Forecasting 156

Forecasting Modeling Forecasting Software Inventory Reduction 156

ToolsGroup

MAY 11, 2021

Among other things, demand forecasting and inventory optimization can minimize inventory, decrease transportation costs and reduce overhead expenses. Likewise, by limiting or eliminating out-of-stock inventories, SCP allows companies to maximize sales. Marketing Plan.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Planning Supply Chain Optimization Modeling 296

ToolsGroup

MARCH 26, 2024

Unique Partnership Delivers an End-to-End Network Optimization Solution to Seamlessly Integrate Supply Chain Design, Manufacturing Footprint and Probabilistic Planning and Execution for Leading Building Materials Manufacturer. Two of Cornerstone Building Brands’ business units — Aperture Solutions – U.S.,

ToolsGroup 156

ToolsGroup Network Design Software Supply Chain Design Software Supply Chain Planning Software 156

My Office Apps

NOVEMBER 16, 2023

Differentiating Specialized Food Inventory Software: Beyond Standard Inventory Management Solutions Not all inventory management software is created equal. This guide illuminates the key differences between generic inventory solutions and specialized software tailored for the intricacies of the food industry.

Inventory Management Software 84

Inventory Management Software Supply Chain Design Software Optimization Software Modeling Software 84

Logility

JUNE 7, 2017

Two powerful levers a company can use to optimize inventory are “Working Capital” and “Customer Service Levels.” At its most basic, start with a piece of graph paper and plot your current service level on the x-axis and current inventory level on the y-axis. Back to present day and the supply chain.

Modeling 102

Modeling Inventory Reduction Optimization Modeling Supply Chain Optimization 102

Adexa

AUGUST 23, 2021

Dependable Financial Projections Hinge on Accurate Models of Supply Chain. Whether you are doing network design, inventory optimization, S&OP or even S&OE, Adexa solutions enable financial projections at greatest level of accuracy. Accurate plans are the result of accurate models which represent the actual operations.

Modeling 109

Modeling Optimization Modeling Modeling Software Supply Chain Design Software 109

ToolsGroup

SEPTEMBER 26, 2023

The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supply chain and price optimization solution available. At Event Network, we aim to optimize the retail potential of experiential attractions.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

ToolsGroup

JUNE 19, 2018

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. Much of inventory is a hedge against uncertainty. So another critical requirement is adequately modeling uncertainty.

Optimization Software 197

Optimization Software Inventory Demand Planning Software Modeling 197

Supply Chain Shaman

APRIL 16, 2024

Outside-in Planning: Modeling based on channel and supply network signals. The discussion should start with a redefinition of the model. I love new forms of analytics, but I think we need to rethink the models and the overall approach to maximize value. In an outside-in model, market data is used to classify demand flows.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

Logistics Viewpoints

APRIL 22, 2024

But for that to occur, all of the dominos must fall into place: the product must be available to promise, there needs to be enough shipping capacity, and there needs to be an understanding of how inventory will be moved between mills and distribution centers. Seeing the layers of knowledge modeled in a knowledge graph is more powerful.

Georgia 202

Georgia Optimal Sourcing Modeling Modeling Software 202

Logistics Viewpoints

APRIL 29, 2021

Many companies are achieving this transformation by adopting modular, elastic DC technologies – including AI and robotics – that provide continuous warehouse optimization without replacing their current monolithic and static warehouse systems. Those systems and processes were designed to serve the current business model for 10 years or more.

Optimal Sourcing 150

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 150

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

ToolsGroup

MAY 3, 2016

Inventory optimization is one proven way to do it. Inventory is an untapped, cash-rich asset. Most companies have some form of supply chain systems to manage inventory from production through delivery. Of course, you need inventory. Inventory is what you make, what you sell. A Tweak, Not a Replacement.

Optimal Sourcing 120

Optimal Sourcing Modeling Inventory Reduction Optimization Software 120

ToolsGroup

NOVEMBER 10, 2015

Inventory configuration is usually the predominant issue in most manufacturing environments. Inventory policy is usually the predominant issue in most distribution environments. Here are five types of inventory optimization that you should be aware of if you are considering an optimization solution.

Modeling 120

Modeling Inventory Reduction Network Optimization Price Mitigation Strategies 120