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

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

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

IQMS

JULY 2, 2018

72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. 72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. Real-Time Monitoring Is At An Inflection Point.

Manufacturing Procurement 71

Manufacturing Procurement Optimal Sourcing Manufacturing Inventory Reduction 71

Supply Chain Shaman

OCTOBER 13, 2022

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” The outcomes are less predictable or clear. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. Closed Loop.

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

Material Handling & Logistics

JANUARY 10, 2018

While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. According to a recent study by Pew Research study, 80% of consumers make online purchases, compared to just 22% in 2000.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

Requis

FEBRUARY 19, 2021

He is based in Germany, and, as a founding partner of the supply chain practice at McKinsey & Company , consults on a variety of supply chain-related business problems, including S&OP and advanced analytics. 25 years ago I finished my studies in mechanical engineering and my master’s thesis was on plant layout and logistics planning.

Predictive Analytics 52

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 52

ThroughPut

MAY 22, 2024

ThroughPut AI, a Gartner-recognized Supply Chain Decision Intelligence and Analytics Platform, does just that. Following this, data sources are identified and shared, and success metrics and business outcomes are defined so that everyone works toward the same goals. Global Cement Manufacturer Achieves $1.5M

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Inventory Reduction 52

ToolsGroup

OCTOBER 3, 2022

Source: Bloomberg.com. Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024. The demand for retail workers to fill positions in stores, warehouses, and the manufacturing plants of vertically integrated retailers is not decreasing anytime soon.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

ToolsGroup

DECEMBER 16, 2021

Whereas retailers once purchased merchandise largely based on the gut instinct of trend-savvy buyers and the push of whatever manufacturers tried to sell them, nowadays, they need to take a much more customer-focused and data-centered approach. You sell a full pallet of the item every week in most of your stores.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Logility

MAY 25, 2023

It’s no longer a luxury but a necessity, a critical cog in the wheel of successful supply chain management and warehousing. A recent study revealed that overstocks cost retailers a staggering global loss of $362.1 Despite these compelling figures, many manufacturers are still wrestling with inventory planning and optimization.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 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

ThroughPut

OCTOBER 7, 2022

After all, most of these business functions were created for a very different era where any change was predicted earlier and absorbed easily. Further, warehousing costs can fall by 5-10%. Understanding and predicting demand in unpredictable times. Reshaping the manufacturing world to meet new demands.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Enterra Insights

JULY 12, 2019

Nigel Duckworth ( @nigelduckworth ), a marketing strategist at One Network Enterprises, notes it can be difficult for manufacturers to concentrate on the long game with a swirl of new technologies constantly vying for attention. Sixty-four percent of the manufacturers surveyed are looking for increased market share in their existing markets.

Manufacturing Procurement 113

Manufacturing Procurement Industrial Industry Predictive Analytics Software 113

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Requis

OCTOBER 30, 2020

Foolishly, the army decided to send me to Cranfield University in the UK to study for a masters’ in logistics, and that just opened up a whole new world. People are still worried about having efficiencies in their warehouses, making sure they’re laid out properly, and having the right processes. That’s been a massive trend.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Enterra Insights

JULY 14, 2021

the IoT), and analytics (i.e., A recent survey by GT Nexus and Capgemini found that 70% of retail and manufacturing companies have already started a digital transformation project in their supply chain operations. For example, in the modern industrial setting, AI systems are part of an Internet of Things (IoT) ecosystem.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Agile and Lean Supply Chain 130

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. Customers are in control, and retailers who fail to accurately predict demand are doomed to fail.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. as well as external drivers (weather, interest rates, new housing starts….),

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. as well as external drivers (weather, interest rates, new housing starts….),

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

ThroughPut

JUNE 4, 2020

Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. What is Inventory Optimization? Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. What is Inventory Optimization? Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. According to Zebra’s Retail Vision Study , reducing stock-outs and overstocks can lower inventory costs by 10%.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. Space Optimization : Availability of warehouse storage space affects how often inventory can be replenished. MicroVention Case Study.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

ToolsGroup

DECEMBER 1, 2015

Costa , the UK’s largest and fastest-growing coffee shop brand, implemented a demand and replenishment planning system that takes POS data from its unmanned, self-serve coffee stations every 15 minutes to forecast demand, optimize inventory, and generate nightly replenishment proposals for distribution and procurement.

Supply and Demand 120

Supply and Demand Modeling Demand Planning Software Optimal Sourcing 120

Supply Chain Shaman

APRIL 7, 2016

I am a manufacturing gal by training. While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. What drives my passion? Bio-engineering?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Overview of Supply Chain Management Supply chain management encompasses the planning, sourcing, manufacturing, and delivery of products or services.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

RFgen

JUNE 22, 2023

Most likely, if you’re facing an issue in the warehouse, someone else has, too—and likely solved it. With an effective ERP system and mobile software in place, businesses can track inventory levels in real-time, streamline warehouse operations, reduce costs, and optimize stock levels.

Inventory Management Software 74

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 74

ThroughPut

NOVEMBER 18, 2022

Traditional techniques of demand forecasting in the supply chain can no longer predict these changes in the demand-supply network. Demand sensing involves a combination of methodology and technology to predict near-future demand based on short-term data. Demand Forecasting vs Demand Sensing in Supply Chain.

Supply and Demand 52

Supply and Demand Demand Planning Software Supply Chain Planning Software Supply Chain Software 52

Arkieva

JANUARY 17, 2017

In the supply chain, manufacturers have been increasingly focused on customers, with demands for customer centricity spawning the release of individualized products, as well as, creating an entire supply chain process that is customer focused. Big Data Analytics. Cyber Security. In fact, according to IDC, by 2018, 27.8%

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Analytics Software Modeling Software 60

Enterra Insights

APRIL 4, 2018

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. “The Information Security Forum (ISF) predicts that Crime as a Service (CaaS) will continue to pose grave security threats to enterprises and individuals alike. ”[4].

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Requis

OCTOBER 31, 2019

From asking Siri to set your alarm to using predictive text when searching online and making a purchase–– artificial intelligence and machine learning have made our lives easier and more efficient. Logos on boxes and/or vehicles to determine the manufacturer. Warehouse bin numbers to determine the geo-location.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Requis

OCTOBER 31, 2019

From asking Siri to set your alarm to using predictive text when searching online and making a purchase–– artificial intelligence and machine learning have made our lives easier and more efficient. Logos on boxes and/or vehicles to determine the manufacturer. Warehouse bin numbers to determine the geo-location.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

SCMDOJO

JUNE 14, 2023

A 3PL offers a comprehensive range of services, including transportation, warehousing, distribution, and value-added solutions such as inventory management, packaging, and assembly. Amazon also uses a 3PL integration orchestration solution to connect and coordinate its network of 3PLs, warehouses, fulfillment centers, and delivery partners.

3PL 80

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 80

Supply Chain Shaman

AUGUST 1, 2013

The traditional supply chain is designed to support high volume, predictable items in known markets. The use of channel data—point of sale, warehouse withdrawal, basket and retail partner perpetual inventory data—to understand channel flows and improve demand sensing. Use new forms of analytics to learn from channel sales.

Modeling 231

Modeling Supply and Demand Supply Chain Design Software Optimal Sourcing 231