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 297

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 297

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 201

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 201

Precoro

JANUARY 16, 2023

Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. These purchases might be recurring or occasional, some might be planned, and others pop up in response to sudden changes. Operating vs. Non-operating.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

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

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

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

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

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

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

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

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 74

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 74

LevaData

JANUARY 4, 2022

As we look to the new year and all the potential it has to offer, supply management and sourcing professionals everywhere are finalizing their corporate resolution lists in the hopes of securing a successful year ahead. At LevaData, our goal has always been to help organizations transform strategic sourcing into a competitive advantage.

Supply Chain Planning Software 77

Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing Cost Reduction Strategies 77

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

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. The result?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Talking Logistics

DECEMBER 20, 2017

Source: Evan, Flikr. “I I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. SophiaTX Open Source Platform to Integrate SAP, Blockchain. In short, I continue to be wrong — and sometimes right — with my supply chain predictions.

Predictive Analytics Software 91

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 91

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

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 69

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 69

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

QAD

OCTOBER 7, 2021

Over the last several years, all manufacturers have faced tremendous disruptions and the wine industry is no exception. Truck transportation continues to be challenged with driver shortages , tight capacity, and warehousing is likewise finding it difficult to source workers. Meanwhile, ocean freight rates are hitting historic highs.

Supply Chain Design Software 92

Supply Chain Design Software Manufacturing Procurement Optimal Sourcing Prescriptive Analytics Software 92

Enterra Insights

FEBRUARY 11, 2020

.” Alex Saric, a procurement expert at Ivalua, observes that poor supply chain visibility exposes companies to unwanted risks. Here, a smart approach to procurement will allow companies to improve supplier visibility, put effective measures in place and identify supply chain risks as they appear. .”[3] ”[6].

Supply Chain Planning Software 100

Supply Chain Planning Software Supply and Demand Analytics Software Predictive Analytics Software 100

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. End-to-end (E2E) supply chain refers to all supply chain processes, from logistics procurement to the post-sale customer experience. . Procurement & manufacturing.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

6 River Systems

JULY 25, 2019

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

ShipBob

NOVEMBER 15, 2021

A 3PL should also make logistics planning easier with predictable, transparent pricing for every service. Additional tools like free standard packaging, data and analytics, and our best-in-class software are included at no extra charge to help you stay on budget and plan your logistics. Procurement and manufacturing.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Supply Chain Shaman

MARCH 7, 2017

3-D Printing: localization of manufacturing through the sharing of digital images using additive manufacturing. At SAP Insider, the digital transformation message was never defined, but the use cases focused on Internet of Things delivered through a Leonardo architecture and the strategic advantage of S4/Hana for real-time analytics.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Prescriptive Analytics Software SAP 180

6 River Systems

JUNE 10, 2019

“It sort of depends upon what we are purchasing from the supplier as to the approach we should take…” Commodity Strategic The first level, for components or typical commodity type products, we will at least want to perform a supplier evaluation of some sort. with a backup plan as part of contingency planning.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Vanguard Software

JUNE 15, 2021

The good news is that now most organizations have an undeniable call to action to transform their supply chains and move past traditional demand planning to a unified predictive planning platform, like Vanguard Predictive Planning. Here are four strategies to better the demand planning process with a modern planning solution.

Supply and Demand 52

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 52

Talking Logistics

DECEMBER 16, 2016

This is not only true for financial investments, but also for supply chain and logistics predictions. Like I said last year, making supply chain and logistics predictions is like throwing darts at a moving target: sometimes you get lucky and hit the mark; other times you miss the bullseye by a mile. Photo By: MAJ Aaron Haney.

Predictive Analytics Software 50

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 50

6 River Systems

JUNE 29, 2020

Finally, leaders reduce disruption by building buffers throughout the supply network and invest in advanced analytics to improve planning and forecasting accuracy.” China trade war has already put regionalization of manufacturing back on the table. Develop alternative sources and diversify value chains.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

EazyStock

JULY 20, 2020

Due to this, ensuring the right products in the right warehouse locations is becoming a higher priority for management teams and companies worldwide are implementing various techniques for making inventory management and procurement more efficient. of retailers and manufacturers. Streamline your warehouse management .

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

MercuryGate

AUGUST 25, 2020

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Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

6 River Systems

DECEMBER 11, 2018

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. “Users can easily now look at your global or regional supply situation and quickly source alternates when required, but the key here is to practice your response.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

ShipBob

MARCH 3, 2022

Only when you know how much it costs to produce or procure a single unit of any SKU can you make more informed decisions on how much to sell it for. Manufacturing and supplier costs. You can do so by optimizing product sourcing. Having a clear returns policy and making the process fast and easy for the customer is essential. .

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52