article thumbnail

Target Inventory and Central Planning Engines (Models) – Avoiding the Runaway Train

Arkieva

Often inventory is considered the simplest component of supply chain management that can successfully be managed separately. The purpose of this blog is to provide some observations to avoid the runaway train. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

article thumbnail

Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

Today, we published The Supply Chains to Admire for 2023. Supply Chains to Admire Winners 2023 Examine Your Own Paradigm. Most supply chain leaders are stuck in their own paradigms. As an old gal, with over forty-years of supply chain experience, writing this report for ten years taught me many lessons.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Role-Based Training for Procurement & Supply Chain Teams

Procurement Academy

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more.

article thumbnail

Just Jump

Supply Chain Shaman

Supply Chain Planners Analogous to Secretarial Pools? Training ensued, and the expectation of changing work was shared. In my forty years of studying supply chain planning, the groups became larger, but with questionable results. These portable computers were anything but portable.

article thumbnail

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

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. It can then generate new content using prompts that resemble the original training data.

article thumbnail

Revolutionizing Supply Chain Planning: The Power of Generative AI

Logility

From Lachelle Buchanan , “Revolutionizing Supply Chain Planning: Unleashing the Power of Generative AI” Supply chain planning has become a critical factor for organizations aiming to gain a competitive edge. Generative AI seems will likely transform the way organizations plan their supply chains.

article thumbnail

Supply Chain AI: Getting Started in 5 Steps

Logility

Supply Chain AI has sparked considerable excitement, shock, and fear over the past year. Considering where most companies are in their Supply Chain AI journey, the mix of excitement and apprehension is no surprise. Causal forecasting Built-on causal forecasting isolates actual demand signals from market “noise.”