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

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Supply Chain View from the Field

DECEMBER 16, 2013

I visited the BVL Kongress in Berlin, and also attended the International Institute for Analytics ”Chief Analytics Officer” meeting last summer. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics.

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Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

GlobalTranz

FEBRUARY 15, 2017

The Industrial Internet of Things (IIoT) and the Internet of Things (IoT) are similar, but both function on the connection of equipment to the internet and applying data collected to consumer and business needs, including the needs of manufacturers. The First 5 Manufacturing Tech Trends of 2017.

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QAD

DECEMBER 5, 2019

Manufacturing isn’t exempt from this pressure. The manufacturing industry has adopted “Lean” techniques enthusiastically. Lean is about driving out waste from every aspect of manufacturing. Lean thinking helps manufacturers consume less of everything, from packaging and raw materials to energy. Everything.

Manufacturing Procurement 131

Manufacturing Procurement Waste Reduction Innovation Expense Reduction 131

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. All rights reserved.

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.

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Enterra Insights

JUNE 22, 2022

Financial writer Emma Kerr ( @emmarkerr ) explains, “Inflation is caused by factors like pressures on the supply or demand side of the economy, money supply policies and even consumer expectations.”[1] ” As a result, she notes, “Manufacturers were getting fake signals of what the true demand was.”

Inventory Reduction 130

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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.

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Logistics Viewpoints

JUNE 6, 2022

Unilever is one of the world’s largest food manufacturers. Oracle’s TMS has built in analytics to make these estimates. If a carrier is willing to share the gallons of diesel information consumed on a trip with their shipper clients, then the same kind of closed loop predictions and corrections around sustainability can be made.

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Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 223

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.). Historic order patterns are useful in predicting future demand. The need is there.

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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.

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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

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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

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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

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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.

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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

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ThroughPut

JUNE 2, 2020

What is Just-in-time Manufacturing? Just-in-time (JIT) manufacturing is described as a production model in which products and services are produced to meet specific demand and not necessarily created in surplus, in deficit, or in advance of actual need. Difference between Lean Manufacturing and JIT Manufacturing.

Just-in-Time 52

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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.

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Enterra Insights

SEPTEMBER 22, 2021

The editorial team at Analytics Insight notes, “The technological revolution that is currently happening in the agricultural sector became possible, among other things, due to big data. ”[3] The analytics are most likely to be embedded in some type of cognitive technology (i.e., ’s more promising efforts. revolution.

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Logility

APRIL 29, 2021

Know your vendors and apply consistent policies and procedures. It must also enable continuous improvement programs and Good Manufacturing Practices (GMP) by helping to identify areas that need improvement and create and manage corrective action plans. Compliance is an ongoing challenge for businesses today.

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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. We stated this in our 2022 predictions, and we echo the same in for 2023. Global Economic Themes.

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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.” AI can help retailers make sure these policies are not being breached at ground level. are all met.”

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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

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Logility

MAY 25, 2023

Despite these compelling figures, many manufacturers are still wrestling with inventory planning and optimization. For manufacturers, inventory control is not just a requirement, but a strategic tool that, if used effectively, can become a competitive advantage. billion each year. Take a hard look at your segmentation strategy.

Inventory Reduction 130

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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

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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] 9] What is their security policy and is it adhered to? Cloned copies of a number of Ukrainian government websites. ”[8]. ” Footnotes. [1]

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Vanguard Software

MARCH 26, 2021

Transportation methods Procurement Inventory policies Distribution costs Forecasting and demand planning Customer service levels. Successful supply chain cost optimization uses advanced supply chain solutions such as sales and operations planning (S&OP) and integrated business planning (IBP) supported by advanced supply chain analytics.

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ThroughPut

JUNE 2, 2020

What is Just-in-time Manufacturing? Just-in-time (JIT) manufacturing is described as a production model in which products and services are produced to meet specific demand and not necessarily created in surplus, in deficit, or in advance of actual need. Difference between Lean Manufacturing and JIT Manufacturing.

Just-in-Time 52

Just-in-Time Inventory Reduction Inventory Management Software Waste Reduction 52

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.

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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

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The Logistics & Supply Chain Management Society

JULY 16, 2023

Geopolitical changes encompass alterations in international relations, trade policies, tariffs, or regulations. The digitization of supply chain processes, the use of big data analytics, and the emergence of technologies like blockchain and artificial intelligence have revolutionized supply chain operations.

Agile and Lean Supply Chain 130

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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.

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Precoro

AUGUST 14, 2023

Procurement managers don't just handle direct spending , such as raw materials or goods and services directly associated with manufacturing the company's final product. They also oversee indirect purchases that facilitate daily operations, such as office supplies, furniture, utilities, and more.

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ToolsGroup

OCTOBER 3, 2022

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

Oracle SCM

MAY 3, 2017

With the visibility and analytics delivered by connected devices, companies can make the right decisions at the right time, safeguarding profitability and customer service. With the evolution of digital business, operating models are shifting to derive business value and competitive differentiation from visibility and predictive capabilities.

Optimal Sourcing 152

Optimal Sourcing Sourcing Strategies Company Waste Reduction 152

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

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The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. This methodology and the technology behind it – predictive and prescriptive analytics – are being leveraged in other areas of the supply chain where the value of this level of visibility is recognised. Weathering the Trade Policy Storm. Trade policies all around the globe are in flux.

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