Logility

JUNE 2, 2023

In the intricate world of supply chain management, the accuracy of demand forecasting often serves as the cornerstone of business growth. The very foundation of operational efficiency, customer satisfaction, and overall profitability hinges upon the ability to predict demand with precision. What is Demand Forecasting Accuracy?

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

Logility

JUNE 7, 2023

Top 3 Demand Forecasting Mistakes —How To Avoid Them with Demand planning software Demand forecasting is a critical facet of successful business operations, acting as the helm guiding companies through the rocks hiding beneath the water of market demands. What is Demand Forecasting?

Supply and Demand 130

Supply and Demand Demand Planning Software Forecasting Software Forecasting 130

Supply Chain Shaman

MARCH 21, 2024

Supply Chain Planners Analogous to Secretarial Pools? In my forty years of studying supply chain planning, the groups became larger, but with questionable results. If I had a magic wand, I would redesign work to transform the planners to become data orchestrators with supply chain planning becoming self-service by business leaders.

Inventory Reduction 376

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 376

ToolsGroup

JANUARY 9, 2018

A new report from Nucleus Research, Value Drivers of Single Model S&OP , concludes that the historical disconnect between planning and execution in S&OP is best bridged by a single unified data model that allows companies to continuously synchronize their strategic, tactical and execution plans.

Modeling 179

Modeling Scenario Planning Optimization Modeling S&OP 179

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 267

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 267

DELMIA Quintiq

JULY 25, 2022

Now, nearly three years from the start of the pandemic, it is clear that variability in supply and demand will continue to test the resiliency and agility of extended supply chains around the globe. The complexity also extends to the optimization of a seemingly infinite number of variables and possibilities.

Modeling 156

Modeling Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 156

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 367

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 367

QAD

OCTOBER 25, 2023

When conducting demand planning , you need to strike the balance between having sufficient stock levels to meet customer demands without having surplus. This means leveraging the right tools and data to build your demand plan from the outset. What should you look for in a platform to help you build your demand plan?

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Modeling 52

Supply Chain Shaman

JANUARY 8, 2024

This weekend, I edited the Supply Chains to Admire report. Note to the reader: we selected these metrics for the balanced scorecard for the analysis after work with Arizona State University to understand which metrics, in combination, most closely correlated with market capitalization. The full report publishes this week.

Supply Chain Design Software 235

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 235

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logility

AUGUST 15, 2023

Smarter, Not Harder: How to Climb Every Peak in Supply Chain Planning Supply chain planning is like a grand mountaineering expedition. But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. Take, for example, PVH.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

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

Logistics Viewpoints

MARCH 27, 2023

Two months before COVID made headlines in the US, nobody was forecasting the dramatic downturn in demand. If a recession hits, demand will decrease. How much will demand be impacted? When companies talk about improving their forecasting, they are most often referring to demand forecasting. When will the recession hit?

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

Logility

JUNE 23, 2023

That’s precisely what demand forecasting feels like for many businesses today. All these elements can help you predict where demand is heading. That’s why we’re here to break it down for you and show why it’s high time you included causal forecasting in your demand planning toolkit.

Forecasting 192

Forecasting Forecasting Software Modeling Predictive Analytics Software 192

Locus

OCTOBER 5, 2021

Today, businesses are at the cusp of new changes in the supply chain that includes evolving customer expectations, omnichannel purchasing, and the shipping of unpredictable volumes. With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models.

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

Supply Chain Movement

SEPTEMBER 30, 2022

Amid a tumultuous period, supply chains are even more under scrutiny following the global climate change conference in Glasgow. AIMMS Network Design provides functionality that helps supply chain teams model carbon emissions and other non-financial metrics like water consumption and carbon equivalents.

Network Design Software 78

Network Design Software Network Design Supply Chain Design Software Modeling 78

Logility

AUGUST 7, 2017

Wait, it’s not spring; but does that mean you have to wait another eight months to review your supply chain? Often, it becomes necessary to reevaluate how supply chain performance is measured to ensure healthy operations. Ask yourself, “Are your supply chain metrics bogging you down?”

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Logility

MARCH 12, 2021

Descriptive, predictive and prescriptive analytics should be combined to optimize your demand planning processes. Better forecasting and demand planning processes, which in the past had been beset by low accuracy and poor adoption, were a priority. The A nalytics to B oost your Demand Planning. New B eginnings.

Supply and Demand 191

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 191

Logistics Viewpoints

APRIL 6, 2023

In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. The purchasing of products at companies can be looked at in terms of two major dimensions: supply risk and impact on production (Figure 1).

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. What Is Prescriptive Analytics in Supply Chain? How Prescriptive Analytics Has Been Driving Value In Supply Chain Optimization?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Supply Chain Shaman

FEBRUARY 1, 2024

While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value. Optimization engines to improve functional metric performance resulted in an exploding number of planners.

Supply Chain Planning Software 317

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 317

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision. They can understand their supply chain operations with more precision.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Logility

JANUARY 14, 2020

Year after year, survey after survey, forecast accuracy continues to be one of the top metrics for measuring supply chain performance. Russell Goodman, editor-in-chief at SupplyChainBrain , sat down with several supply chain leaders to discuss the impact of Forecast Accuracy on driving better decision making.

Supply and Demand 130

Supply and Demand Forecasting Demand Planning Modeling 130

ToolsGroup

APRIL 25, 2019

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g. weather, social media). Set Specific Business Objectives at the Start.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Logility

MARCH 6, 2020

Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Greed for more data.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

Logility

MARCH 4, 2021

Supply chain professionals are wrestling with many questions as we emerge from the year of the pandemic. Among them: What can we do to prepare for such extreme demand variability? Fortunately, a pair of industry experts recently weighed in on these topics and more, and you can watch the webcast on demand here. Make a list.

Demand Planning Software 220

Demand Planning Software Supply and Demand Modeling Supply Chain Design Software 220

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

Supply Chain Shaman

DECEMBER 28, 2020

When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away. I was wrong.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Supply Chain Shaman

JANUARY 2, 2024

As I wrote, I reflected on the Generative AI hype cycle in the supply chain market and the contribution to noise. I questioned in this time of uncertainty if supply chain leaders will value data-driven content. Conventional wisdom centers on the use of enterprise data to make the supply chain more efficient.

Gartner 266

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 266

Logistics Viewpoints

NOVEMBER 14, 2022

Digital Twin from Infor Nexus Drives Supply Chain Agility. When it comes to driving supply chain agility there are several solutions that are important, but the key solution is a Multi-enterprise Supply Chain Network (MSCN). But even in more normal times, a supply plan usually can’t be fully executed. Stuff happens.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. Functional Metrics.

Manufacturing Procurement 382

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 382

Unleashed

APRIL 18, 2023

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Logistics Viewpoints

APRIL 4, 2022

A large multinational is undergoing an impressive supply chain transformation that will run through 2023. A Complex Supply Chain. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supply chain. The company has been on a supply chain transformation journey since 2005.

Supply Chain Transformation 194

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 194

SYSPRO Smarter ERP

MARCH 15, 2023

Failure to effectively address this challenging question can result in enormous inefficiencies caused by misalignment of demand and supply throughout the supply chain. Therefore, there is no silver bullet when demand forecasting and one need to observe the model closely and fine tune it as and when required.

Forecasting 105

Forecasting Forecasting Software Demand Planning Software Modeling 105

Supply Chain Shaman

APRIL 9, 2021

We stubbed our toe in supply chain management at the beginning of the decade. Facing The Issues of Supply Chain Performance. As I work through this year’s Supply Chains to Admire , I cannot help but shake my head. The black veil of the pandemic is a supply chain wake-up call to build better. The analogy fits.

Supply Chain Planning Software 349

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 349

ThroughPut

AUGUST 24, 2021

Earlier in the day, demand planning was a guessing game that relied more on intuition, instinct, and inclination. Companies that leveraged the data they collected to enable more accurate demand planning, distinguished themselves from their competitors. Why do you need new-age demand sensing to solve modern problems?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52