Logility

OCTOBER 18, 2022

Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach. It’s an undeniable mess, and while you can’t always predict supply chain disruptions, it doesn’t mean you can’t be better prepared, with disruptions big and small now an accepted inevitability.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

Enterra Insights

JANUARY 18, 2024

Predicting the Future. Making predictions can be a fool’s errand; however, AI tools are making the cloudy crystal ball a bit clearer. Mario Mirabella , CEO of MSM Digital, writes, “AI-powered predictive analytics enables us to harness the power of data and uncover valuable insights that can drive business success.

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. This complexity is occurring in many forms.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Shaman

JUNE 23, 2020

Let’s celebrate that over the last two years, there were four significant acquisitions by traditional supply chain planning providers to deepen analytics capabilities: 07/2018 JDA purchases Blue Yonder (Purchase price confidential.). Procurement and transportation operated as islands. The need is there.

Supply Chain Design Software 299

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 299

IQMS

JULY 11, 2019

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

NC State SCRC

JANUARY 1, 2023

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider. Price is still the determining factor here.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Supply Chain Matters

JANUARY 21, 2023

The Ferrari Consulting and Research Group announces that our latest Research Advisory, 2023 Predictions for Industry and Global Supply Chains is now available for reading. In a prior five-part series of commentaries hosted on Supply Chain Matters , we have provided snapshots of five of our ten predictions for 2023.

Predictive Analytics 52

Predictive Analytics Predictive Analytics Software Supply Chain Planning Software Global 52

Logility

APRIL 29, 2021

Know your vendors and apply consistent policies and procedures. As global supply chains and procurement scrutiny become more and more complex, risks increase and the range of stakeholders who demand a compliant supply chain has increased from simply regulators to investors, providers, partners, consumers, and the media.

Optimal Sourcing 208

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 208

Enterra Insights

OCTOBER 26, 2023

It’s like investing in an insurance policy: you don’t want to pay for more insurance than you need but you don’t want to be underinsured either. Analytics from cloud-based and other technologies provide valuable insights on — and can fiscally quantify — things like employee engagement and productivity.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Resilinc

JANUARY 31, 2023

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin.

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

Logility

MAY 10, 2022

such as unit-based policies for safety stock, ABC classifications, and inventory planning based on spreadsheets ? Access to predictive analytics and artificial intelligence (AI) makes product production, placement, and delivery more strategic, timely, and impactful. Decades-old, tried-and-true rules ?

Optimal Sourcing 173

Optimal Sourcing Optimization Software Inventory Reduction Supply Chain Planning Software 173

ToolsGroup

OCTOBER 3, 2022

Source: Bloomberg.com. The demand for retail workers to fill positions in stores, warehouses, and the manufacturing plants of vertically integrated retailers is not decreasing anytime soon. Moreover, the new policy of purchasing online and picking up in-store adds to the already high-stress environment for in-store employees.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. Unilever is one of the world’s largest food manufacturers. Oracle’s TMS has built in analytics to make these estimates. That means, over time, the TMS could get better at predicting emissions on a particular route. That is more than any other sector.

Cost Reduction Strategies 224

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 224

The Logistics & Supply Chain Management Society

JULY 16, 2023

Geopolitical changes encompass alterations in international relations, trade policies, tariffs, or regulations. These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. Collaborative partnerships facilitate information sharing, joint problem-solving, and risk mitigation.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Supply Chain Matters

DECEMBER 14, 2022

The Ferrari Consulting and Research Group through its affiliate, Supply Chain Matters blog unveils part two of a summarized overview of our annual prediction themes for industry and global supply chains for the year 2023 and beyond. Economic and Business Challenges Expected in 2023. Global Economic Themes. percent GDP growth in 2023.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52

NC State SCRC

AUGUST 7, 2017

For analytics to become truly effective in global manufacturing settings, veracity and consistency are critical requirements. Driving consistency in analytic meaning is at the forefront of building a more reliable and predictive approach to capture a defined set of factory incident indicators. Union management issues.

Manufacturing Procurement 40

Manufacturing Procurement Negotiating Skills Analytics Software Predictive Analytics 40

Logility

MAY 25, 2023

Despite these compelling figures, many manufacturers are still wrestling with inventory planning and optimization. Defining Inventory Control Inventory control, often interchangeably used with inventory management, is a systematic approach to sourcing, storing, and selling inventory—both raw materials and finished goods.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

Supply Chains Rock

MAY 9, 2012

Analytics Powering the Next Evolution of the Supply Chain. The chart, pasted below, focuses on how IBM is using analytics to not only optimize the supply chain, but to actually predict how issues in the world will impact operations. Analytics has got huge scope to get integrated in supply chain in terms of analysing spend data.

Predictive Analytics 174

Predictive Analytics Analytics Supply Chain Optimization Supply Chain 174

Enterra Insights

JUNE 1, 2021

Tamizhkumaran explains, “Cognitive analytics solutions entail self-learning systems and algorithms that mimic the human brain’s thought process in order to analyze large amounts of data quickly and accurately.” One source of tension is retailer chargebacks (or fines) for failing to comply with their compliance requirements.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. But some of my other predictions did hit the mark or came close. Making supply chain and logistics predictions is like throwing darts at a moving target. When making predictions, it’s easy to look at recent trends and simply project them forward.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

QAD

JUNE 17, 2021

Integrated Supplier Management is a must – manufacturers are still dealing with the effects of the global chip shortage, the Suez Canal blockage, changing trade policies and other global supply and demand disruptions. At QAD, we understand the multiple steps manufacturers need to take to achieve a resilient and integrated supply chain.

Supplier Management 97

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 97

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive demand can propose prices changes, subject to stock levels and replenishment capacity.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Vanguard Software

MARCH 26, 2021

Besides raw material costs, logistics can account for anything between 5% and 50% of the total product cost , depending on where products are sourced, their value, and the shipping methods. Transportation methods Procurement Inventory policies Distribution costs Forecasting and demand planning Customer service levels.

Optimal Sourcing 52

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 52

Enterra Insights

JUNE 30, 2022

” They also found, “Companies increasingly have access to the advanced data analytics and best practices necessary to make their supply chains more resilient.” He told journalist Elsa Wenzel ( @elsamary ), “Let’s stop predicting the future because we’ve proven we’re incapable of doing it.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 130

o9 Solutions

JANUARY 25, 2023

This blog explores how policy developments such as the digital product passport (DPP) alongside supply chain software can play a role as enablers. The DPP is a promising policy instrument, but there are still open questions regarding the DPP’s final design and implementation. What is the digital product passport (DPP)?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Talking Logistics

NOVEMBER 2, 2017

Things like the multi-nationalism versus globalization trends in recent political policies or terrorist activities come to mind. Is it possible these things have impacted the sourcing, manufacturing, and delivery of my cologne? How much will it cost the manufacturer and distributor in the end?

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software Predictive Analytics Software 101

USC Consulting Group

JULY 21, 2020

Yet for business leaders – especially manufacturers and shippers – the words “unpredictability” and “uncertainty” will likely epitomize 2020, as they’re something organizations continue to experience as the country and consumers emerge from the nationwide lockdown amid supply chain disruption.

Supply Chain Disruption 72

Supply Chain Disruption Modeling Supply and Demand Demand Planning Software 72

Enterra Insights

APRIL 7, 2022

Cybersecurity journalist Zeljka Zorz ( @ZeljkaZorz ) reports, “As predicted, [Russian] attacks in the physical world [were] preceded and accompanied by cyber attacks.”[1] It appears to come from a reliable and safe source but it is not. 9] What is their security policy and is it adhered to? ”[8].

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 130

Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Procurement 40

Enterra Insights

MAY 13, 2020

In the manufacturing sector, efforts to embrace Industry 4.0 Adnan Seric, a Research and Industrial Policy Officer at UNIDO, and Deborah Winkler, a Senior Consultant and Principal at Global Economic Policy LLC, explain, “Industry 4.0 ”[1]. technologies are also gaining momentum. Industry 4.0 And Industry 4.0

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 100

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. Products available on backorder are are out of stock in the supplier’s warehouse but may still be purchased by consumers in advance of future availability. How long do backorders take?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Enterra Insights

SEPTEMBER 22, 2021

” Analysts from the Boston Consulting Group (BCG) add, “Over the past decade, public and private sources have dedicated impressive amounts of energy and resources to digital agriculture in developing countries.”[2] ”[3] The analytics are most likely to be embedded in some type of cognitive technology (i.e.,

Analytics Software 130

Analytics Software Predictive Analytics Software Supply Chain Network Software Forecasting Software 130

Supply Chain View from the Field

JANUARY 13, 2015

Last year around this time I made a lot of predictions about what 2014 would hold in store…Let’s revisit some of these, and see what has happened (or what hasn’t!) Here are my predictions from 2014, and an update on what I think will happen in these areas. This is likely to continue. More of the same.

Negotiating Skills 60

Negotiating Skills Predictive Analytics Predictive Analytics Software Supply Chain Planning Software 60

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. As we adhered to shelter-in-place orders from the CDC (Centers for Disease Control), each of us were purchasing more products and services online at a faster adoption rate than ever before.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 72

Enterra Insights

MAY 15, 2020

”[1] He adds, “Dependence on China for their manufacturing has put small and midsize businesses in jeopardy. ” What Chaturvedi doesn’t address is the fact that the increased use of the digital path to purchase comes with a dramatic increase in consumer returns. ”[4]. ”[4].

Reverse Logistics 100

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 100

Enterra Insights

JULY 9, 2021

We’re all eager to look ahead, but we can’t escape the changes that are already popping up, whether that’s more flexible work-from-home policies or lingering concerns about health and wellness. . “We’re all tiptoeing back into so-called normal life after an abnormal year. ” Good question. ” Online Grocery Sales.

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130