Supply Chain Shaman

MARCH 16, 2021

Supply chains quickly move through fads and buzz words. Today, entangled in digital supply chain discussions is the concept of the digital twin. In our pandemic research, we interviewed thirty manufacturers. Here we share the case study of Philip Morris using a digital twin deployment. In Figure 1, we share the model.).

Manufacturing Procurement 202

Manufacturing Procurement Modeling Optimal Sourcing Supply Chain Planning Software 202

Logility

JANUARY 31, 2023

Measuring the Value of Optimized Inventory in Service Parts The spare parts market is big business, with the global automotive spare parts market valued at US $160.69 It also increases the chances of keeping that customer when they go back into the market for a replacement model by up to 21%. billion by 2030. times per customer.

Modeling 130

Modeling Supply Chain Optimization Supply Chain Planning Software Inventory Reduction 130

Supply Chain Shaman

JUNE 3, 2024

Waves of hype pass through supply chain narratives. and digital supply chains. and digital supply chains. My 67 quantitative studies over the past decade do not support the value. A Closer Look at Digital For a decade, I have struggled to get a clear definition on the digital supply chain. Tech companies rally.

Supply Chain Planning Software 352

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 352

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team.

Inventory Reduction 414

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 414

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. The study provides competitive analysis and ranking of the leading service vendors in the form of its SPARK Matrix.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

ThroughPut

MAY 24, 2024

Managing inventory in a supply chain is complex due to issues like downtime, delays, and demand fluctuations. Multi-Echelon Inventory Optimization (MEIO) is the solution, offering a sophisticated approach to optimizing stock levels, reducing costs, and improving service. What is Multi-Echelon Inventory Optimization?

Optimal Sourcing 52

Optimal Sourcing Modeling Inventory Reduction Optimization Software 52

ThroughPut

MAY 16, 2024

In the context of supply chains particularly, agility is what can save the day in the midst of all those challenges. However, responding to evolving market demands can seem almost impossible with legacy systems, siloed data and/or manually-driven human-intuition-based processes. What is Supply Chain Optimization?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Supply Chain Shaman

MAY 26, 2023

The basic frame of supply chain planning–functional taxonomies for optimization on a relational database–must be redesigned before supply chain leaders can reap the benefit of deep learning, neural networks, and evolving forms of Artificial Intelligence (AI). ” I don’t think so. What is the business case?

Optimal Sourcing 352

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 352

ToolsGroup

DECEMBER 11, 2023

BOSTON and LONDON – December 12, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce to has been named a technology leader in the in the SPARK Matrix™ analysis of Intelligent Retail Pricing and Promotion Optimization (IRP&PO) by Quadrant Knowledge Solutions (QKS).

ToolsGroup 156

ToolsGroup Price Reduction Optimization Software Modeling 156

Supply Chain Shaman

OCTOBER 5, 2018

At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years. Read more to understand the details on the Supply Chain Index ,).

Case Study 267

Case Study Inventory Reduction Agile and Lean Supply Chain Study 267

ToolsGroup

JUNE 17, 2021

Distribution industry supply chains have always been squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts, and expanding ecommerce. Smart planning alleviates risk of distribution supply uncertainty. Accurate forecasting of uncertain demand. Right-sizing inventory.

Forecasting 295

Forecasting Forecasting Software Modeling Supply Chain Planning Software 295

Logistics Viewpoints

MARCH 1, 2021

The Introduction of Smokeless Tobacco Products Complicated Philip Morris’s Supply Chain. Dr. Alexandros Skandalakis – the Director Global Manufacturing Capacity, Strategic Assets and Capital Expenditures at Philip Morris Products S.A. This was done at a stock keeping unit level and for the entire manufacturing supply chain.

Modeling 179

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 179

ToolsGroup

MAY 30, 2018

The growing momentum around systems-based thinking in supply chain planning has given rise to a new concept called the “digital twin”. There has been a lot of discussion around this topic lately and I wanted to offer a few insights, including around the importance of the data model in high-quality decision making using digital twins.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

SCM Research

MARCH 15, 2024

An impressive new study by Sun et al., By integrating climate science, epidemiology, and economic modeling, the study predicts a substantial increase in annual global GDP losses, potentially reaching up to 4.6% Global Supply Chains Amplify Economic Costs of Future Extreme Heat Risk.

Cost Reduction Strategies 208

Cost Reduction Strategies Supply Chain Strategy Global Supply Chain 208

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability?

Optimal Sourcing 136

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 136

Supply Chain Shaman

OCTOBER 11, 2023

Definition As I follow the evolution of supply chain technology, I am struck by what I see as a stream of paradox and anomaly, and the tendency of supply chain leaders to cling to convention. The world of NoSQL unified data models is inconceivable to most. Building the Effective Global Supply Chain. Art of the Possible.

Supply Chain Planning Software 401

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 401

Supply Chain Shaman

APRIL 15, 2020

My last post on the Supply Chain Shaman blog was forty-five days ago. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. As we moved into our new roles, for all supply chains, demand shifted. Restarting the Supply Chain.

Supply Chain Planning Software 450

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 450

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability?

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 120

Supply Chain Shaman

JUNE 21, 2023

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. While companies talk digital, the projects follow traditional supply-centric paths. The analysis is biased toward large process-based manufacturers in the Gartner network. As I listen, I struggle.

Gartner 374

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 374

AIMMS

JANUARY 24, 2019

Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. I belong to this second division and work mostly on mathematical modeling, simulation and supply chain analytics. . When did you join Tata Steel? .

Optimal Sourcing 291

Optimal Sourcing Optimization Software Supply Chain Software Supply Chain Planning Software 291

Logistics Viewpoints

MAY 8, 2023

In its ideal form, supply chain planning should help leaders balance customer service with profits and even cash flow. There is a known problem for manufacturers in synchronizing their supply chain. Mr. Botha does a lot of supply chain planning work implementing SAP supply chain solutions.

Supply Chain Planning Software 197

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 197

ToolsGroup

JULY 6, 2023

It’s also why so many of our customers are eager to share their supply chain success – and have even won awards of their own in partnership with ToolsGroup! Check out some of our most recent accolades and discover why so many companies turn to ToolsGroup for better, faster supply chain decision making.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

ToolsGroup

DECEMBER 10, 2019

It’s been an interesting decade for supply chain: just when you think things can’t get any crazier, a new extreme weather event, political drama or tech start-up pops up, disrupting entire industries. A major theme at the recent Gartner Supply Chain Planning Summit was that corporate winners accelerate through economic turns.

Modeling 156

Modeling Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 156

ToolsGroup

JANUARY 13, 2021

Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. Digital supply chain transformation will accelerate. Here’s to a healthy and prosperous year ahead!

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

ToolsGroup

NOVEMBER 9, 2023

With ToolsGroup’s AI-powered demand forecasting, the plant-based food innovator revolutionizes its supply chain, maximizing accuracy, speed, and business performance. As Heura’s business grew, so did the complexity of its supply chain.

ToolsGroup 156

ToolsGroup Supply Chain Transformation Supply Chain Planning Software Optimal Sourcing 156

Enterra Insights

JUNE 6, 2023

Planning is indispensable because, done right, it explores a number of scenarios and involves a lot of “what if” thinking. Exposure to numerous scenarios and what-if questions means that organizations are much better prepared if the future doesn’t unfold in exactly the way their plan predicts.

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

Supply Chain Shaman

MARCH 21, 2022

As I spent the time reflecting over the last three weeks, the number of articles streaming into my feed on supply chain implications was high, but most of them were wrong. Some stated that the war marks the end of the global supply chain. By definition, this requires a global supply chain. My response is “Hogwash.”

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Supply Chain Shaman

FEBRUARY 18, 2021

The Covid-19 pandemic tested the global supply chain. Like riding a bumpy road, the supply chain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supply chain leaders, I share lessons learned. The Failure of Existing Demand Planning Solutions.

Supply Chain Planning Software 297

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 297

ToolsGroup

SEPTEMBER 26, 2023

The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supply chain and price optimization solution available. At Event Network, we aim to optimize the retail potential of experiential attractions.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. Alternatively, you may want to relocate – totally or in part – where your product is manufactured. Postponement.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

DELMIA Quintiq

AUGUST 15, 2022

While the worst of Covid-19 seems to be over, manufacturers are still reeling from the after-effects of the disruptions caused by the pandemic. Supply Chain Instability. What organizations are currently experiencing is a supply chain “Bullwhip” effect that is affecting industries across the board. Workforce Challenges.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Modeling Software 156

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . With the pandemic leaving a deep impact, organizations need to now be better prepared to gain end-to-end visibility across demand and supply chains, especially with their level of preparedness to adapt to sudden changes in demand.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

ThroughPut

FEBRUARY 14, 2024

The supply chain too, like every other part of an organization, is essentially a series of well-informed, intelligent decisions – when done right, forming the backbone of every successful business. Businesses, however, need real-time, relevant, and actionable intelligence to effectively manage increasingly complex supply chain networks.

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

Supply Chain Shaman

JUNE 14, 2024

This morning, I want to tell you the story of a supply chain leader’s journey from focusing on cost to understanding value. The traditional supply chain leader focuses on reducing costs. The gap shown in Figure 1 is from a research study completed in 2020 before the declaration of the pandemic. You might say, how so?

Cost Reduction Strategies 195

Cost Reduction Strategies Waste Reduction Inventory Reduction Supply and Demand 195

Logistics Viewpoints

MARCH 21, 2021

According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. What should supply chain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious Supply Chain Award. AGCO is an agricultural equipment manufacturer.

Supply Chain Design Software 241

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 241

AIMMS

JANUARY 24, 2019

Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. I belong to this second division and work mostly on mathematical modeling, simulation and supply chain analytics. . When did you join Tata Steel? .

Optimal Sourcing 156

Optimal Sourcing Optimization Software Supply Chain Software Supply Chain Planning Software 156