RFgen

FEBRUARY 10, 2023

Supply chain optimization and attracting talent will continue to be top-of-mind for manufacturers. Artificial intelligence (AI) is most likely to transform the manufacturing sector. Manufacturing has changed dramatically in recent years. A recent McKinsey study found that Industry 4.0 technologies will create up to $3.7

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Analytics Software 52

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 3, 2024

It’s not just about merely managing trucks and warehouses anymore; it’s about seeing the big picture (of your entire supply chain!) From a manufacturing perspective, the best logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

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

6 River Systems

NOVEMBER 11, 2019

Warehouse automation stats show that automation is making a big impact on warehouses and distribution centers. As technology awareness grows, more warehouses and DCs turn to automation to adapt to the changing landscape. The number of private warehouses is growing. Warehouses are increasing in size, as well.

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Optimization Software 91

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

Supply Chain Shaman

APRIL 15, 2020

No doubt about it, we are characters in a supply chain case study searching to define a new normal. Today, we find ourselves in the middle of a risk management case study. The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. Recovery Team. Bottom line?

Supply Chain Planning Software 450

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

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. The objective now was to fulfill orders, smooth distribution of products, storage, and warehousing. Logistics has, however, come a long way.

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. The objective now was to fulfill orders, smooth distribution of products, storage, and warehousing. Logistics has, however, come a long way.

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. The objective now was to fulfill orders, smooth distribution of products, storage, and warehousing. Logistics has, however, come a long way.

Logistics Network Optimization Software 52

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

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

AIMMS

FEBRUARY 26, 2020

Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. The study include d firms in the retail, manufacturing and distribution verticals. As the Coronavirus outbreak develops into a pandemic, people and businesses alike are feel ing its ripple effects.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Planning 156

DELMIA Quintiq

SEPTEMBER 10, 2019

From Wikipedia via the peer-reviewed Springer journal, Machine Learning; “Machine learning (ML) is the scientific study of algorithms and statistical models that computer systems use to perform a specific task effectively without using explicit instructions, relying on patterns and inference instead.

Supply Chain Design Software 149

Supply Chain Design Software Predictive Analytics Software Modeling Software Industrial 149

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

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

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

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

ThroughPut

MAY 22, 2024

ThroughPut AI, a Gartner-recognized Supply Chain Decision Intelligence and Analytics Platform, does just that. Other key metrics that can track the impact of the AI project include order accuracy, warehouse throughput, inventory carrying costs, etc. Global Cement Manufacturer Achieves $1.5M improvement in yield margins 2.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Inventory Reduction 52

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

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

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

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

Enterra Insights

MAY 26, 2022

A report published by Edge by Ascential predicts, “$2.4 In fact, its entire online business is built not on warehouses, but on those stores. From virtual reality (VR) gaming systems to AI robots in industrial manufacturing, the development of AI technology is revolutionizing the way we interact with the world. ”[2].

Procurement Solutions 130

Procurement Solutions Procurement Analytics Manufacturing Procurement Predictive Analytics Software 130

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

Enterra Insights

JUNE 6, 2023

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. Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.” 3] Michael C.

Resource Reduction 130

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

Vanguard Software

MARCH 12, 2021

Regardless of industry, the most successful organizations have a clear inventory replenishment strategy capable of responding to changes in demand signals predicted from sales, demand, and operations data. Space Optimization : Availability of warehouse storage space affects how often inventory can be replenished. Download Case Study.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

ToolsGroup

OCTOBER 3, 2022

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. The UK hit a record high of 1.3

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Enterra Insights

FEBRUARY 7, 2022

Pickens reports, “A recent study found that organizations that adopt digital technology can reduce supply costs by 50% and increase revenue by 10% through enhanced visibility and data. During the pandemic, the Enterra Solutions ® team honed our analytics platform and created the Enterra Global Insights and Decision Superiority System.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Analytics Software Inventory Management Software 130

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

ToolsGroup

DECEMBER 1, 2015

The replenishment plan enables Costa to optimally manage the supply of ingredients—coffee, flavored syrup, cups, and lids—from a warehouse to partner sites. For a copy of the full Amplifon case study, click on the image below:

Supply and Demand 120

Supply and Demand Modeling Demand Planning Software Optimal Sourcing 120

Unleashed

DECEMBER 21, 2023

According to Zebra’s Retail Vision Study , reducing stock-outs and overstocks can lower inventory costs by 10%. Accurately forecasting customer demand Accurately predicting future demand for products can be a significant challenge for inventory managers. These can range from traditional warehouses to roboticised fulfilment centres.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

GlobalTranz

JANUARY 22, 2016

Manufacturers face thousands, if not millions, of potential problems and challenges in the coming year. In fact, an auto manufacturer in Flint made the decision to refrain from using the city supply of water in the manufacture of automobiles. Why Are Advanced Analytics Becoming Popular With Manufacturers?

Prescriptive Analytics Software 120

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 120

Enterra Insights

APRIL 9, 2018

Sherman notes, “With the availability, affordability and convergence of digital technologies such as mobility, pervasive and cloud computing, the Internet of Things and Big Data, Cognitive Analytics and Artificial Intelligence, and Robotics, companies are transforming to systems thinking to re-imagine their digital supply network.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Analytics Software Predictive Analytics Software 100

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

Supply Chain Shaman

APRIL 7, 2016

I am a manufacturing gal by training. Customer sentiment technologies mine the patterns of unstructured text and use new forms of analytics to guide discovery on what matters to the customer. Inside-out, traditional processes forecasting processes use statistical methods to predict the future based on order and shipment patterns.

Supply Chain Design Software 150

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

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