article thumbnail

Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

However, the lag in the Sales and Operations Planning (S&OP) cycle exacerbates issues like inaccurate forecasting, reduced agility, higher error rates, increased costs, limited scenario planning, and sustainability challenges, ultimately undermining supply chain performance and eroding executive confidence in the supply chain as a value driver.

Modeling 218
article thumbnail

Head to Head: Which Service Parts Inventory Policy is Best?

The Smart Software

The professor in me would like to think that the chosen inventory policy was a reasoned choice among considered alternatives, but more likely it just sort of happened. The post Head to Head: Which Service Parts Inventory Policy is Best? appeared first on Smart Software.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Procure-to-Pay Software is Critical Today

ivalua

In Gartner’s Magic Quadrant, they forecast the Procure-to-Pay software market to dip slightly this year, as companies focus on solutions with faster time to value. In the current environment, Procure-to-Pay automation is even more critical than normally (and solutions are available that can be deployed quickly at most organizations). .

article thumbnail

Supply Chain Department – A Typical Structure

SCMDOJO

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

article thumbnail

The Dynamics of Sustainable Supply Chain Planning

DELMIA Quintiq

Do you agree or do you think that hotels have only massively adopted this policy because it has saved them lots of money? Do you think that by adhering to this policy, your environmental conscience has been cleared? The emissions that are generated to produce or transport, can be greatly influenced by the way supply chains are planned.

article thumbnail

February 2021: Learn about the Top 3 Inventory Control Policies

The Smart Software

Epicor User Group Webinar: Top 3 Inventory Control Policies. SVP Research and Professor Emeritus at Rensselaer Polytechnic Institute, defines and compares the three most used inventory control policies. The post February 2021: Learn about the Top 3 Inventory Control Policies appeared first on Smart Software.

article thumbnail

KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.