Locus

OCTOBER 5, 2021

With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models. After the pandemic hit, flexible logistics models helped businesses to easily penetrate into dense urban markets at economical costs. What is fixed logistics?

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

ThroughPut

MARCH 24, 2024

However, these models have tremendously faltered, when they have not altogether failed because of superior intelligence. Delayed delivery of performance metrics and consumer behavior sets off a chain reaction of excess, wastage, and loss of profits. Excess inventories lead to excess wastage.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

With its ability to derive insights from vast amounts of data and derive insights, generative AI has emerged as a valuable tool to optimize supply chain operations. AI models have grown tenfold, representing a step-change in AI capabilities, creating new use cases across the supply chain. Generative AI is all about scale.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

DELMIA Quintiq

JULY 25, 2022

The complexity also extends to the optimization of a seemingly infinite number of variables and possibilities. Key capabilities required to support innovation in CPGR Supply Chains: End to end modeling and representation. New KPI’s are also being prioritized, including sustainability metrics. Optimization and analytics.

Modeling 156

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

Supply Chain Shaman

JANUARY 2, 2024

” As I write, I think about the ironies: We talk about the bullwhip, but we do not measure it or use it in driving optimization. We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. My question is “Will the work make a difference?”

Gartner 266

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

Supply Chain Shaman

OCTOBER 11, 2023

The world of NoSQL unified data models is inconceivable to most. Software built on graph technology can model flow, but the transactional paradigms of historic practices hold development team’s hostage. The larger the global corporation, the more that the use of functional goals sub-optimizes growth, margin and inventory levels.

Supply Chain Planning Software 367

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

Logistics Viewpoints

FEBRUARY 21, 2022

A network design model figures out where factories and warehouses should be located. The key solutions are demand forecasting/inventory optimization, supply planning, and network design. Each time horizon usually has its own model associated with it. Supply and network design models are constraint-based models.

Supply Chain Planning Software 258

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 258

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. So I started this book as a summary of this research.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Locus

JULY 24, 2023

Retailers should find ways to optimize truckloads to reap benefits. However, trucking industries have many business models they operate by. How do we optimize these loads? Shippers need to leverage automated and intelligent solutions to truly optimize the supply chain and impact the bottom line in a positive way.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Optimization Software Modeling 52

ThroughPut

DECEMBER 8, 2023

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing recommended actions based on the insights gained from descriptive, diagnostic, and predictive analytics. How Prescriptive Analytics Has Been Driving Value In Supply Chain Optimization? What Is Prescriptive Analytics in Supply Chain?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Supply Chain Shaman

JULY 12, 2021

As a strong proponent of maturity models, many discussions centered on the movement from program-based to functional metrics and how to drive alignment. Our discussions, influenced the model shown in Figure 1 from the Book Metrics that Matter. Metrics That Matter Model Evolution. Roddy loved beer.

Modeling 195

Modeling Optimization Modeling Metrics Supply Chain Optimization 195

Talking Logistics

OCTOBER 27, 2016

Supply chain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service. In 2010, Walmart announced its goal to eliminate 20 million metric tons of GHG emissions from its global supply chain by the end of 2015.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

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. How does data analytics help supply chain optimization? Both of which are crucial components for an optimized supply chain. Why is it crucial?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Logility

JUNE 23, 2023

Rather than relying solely on historical data, causal forecasting models also incorporate various factors or causal variables that can influence the forecasted quantity. A traditional forecasting model might look at last year’s sales metrics to predict this year’s. What are Causal Models?

Forecasting 192

Forecasting Forecasting Software Modeling Predictive Analytics Software 192

Intelligent Audit

NOVEMBER 3, 2022

This is why transportation network optimization is important. What Is Transportation Network Optimization? Transportation network optimization is simply streamlining your network of logistics carriers, the methods for shipping, and the processes for managing the network. Steps to Optimize the Transportation Network for Shippers.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

TransAudit

DECEMBER 13, 2023

By embracing a circular supply chain, industry leaders can help: Eliminate waste and pollution Circulate products and materials at their highest value Regenerate nature As organizations continue to optimize supply chains , this process can provide significant benefits. Reward supplier innovation and progress on circular initiatives.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

ToolsGroup

MAY 3, 2016

If you (or your boss) are measured by your company's Return on Invested Capital (ROIC) or a similar metric, then you want to turn assets into cash. Inventory optimization is one proven way to do it. That's where inventory optimization comes in. Inventory optimization software bolts onto your existing management solutions.

Optimal Sourcing 120

Optimal Sourcing Modeling Inventory Reduction Optimization Software 120

BlueYonder

MAY 28, 2020

Standard metrics and KPIs like OTIF, forecast accuracy, and cost per shipment are usually the “quick hits” included in supply chain dashboards. But there are likely as many definitions of each metric as there are practitioners. Optimizing value in SaaS solutions is not a one-time, upfront ROI projection. Valuation Methodology.

Optimization Software 58

Optimization Software Modeling Software Forecasting Software Predictive Analytics Software 58

ToolsGroup

FEBRUARY 16, 2022

BOSTON, February 16, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has partnered with Planalytics to integrate their weather-driven demand (WDD) analytics with ToolsGroup’s retail planning solutions, enabling customers to isolate, measure, and manage the influence of weather on their businesses.

ToolsGroup 177

ToolsGroup Procurement Analytics Predictive Analytics Analytics Software 177

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service. How easy is the item to forecast and plan? -

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

DELMIA Quintiq

MAY 17, 2022

It’s a valuable process that brings together different stakeholders to arrive at a consensus plan and drive optimized fulfillment of customer demand (read our whitepaper on getting real ROI out of the S&OP process. Still confused? We’d love to hear your questions.

S&OP 156

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 156

DELMIA Quintiq

MARCH 30, 2023

This empowers stakeholders with manufacturing intelligence and the ability to collaborate effectively in a timely manner so that they can make optimal decisions in all manufacturing operations. Why does Industrial Equipment need MCT?

Manufacturing 156

Manufacturing Supply Chain Planning Software Real-time Visibility Industrial 156

Elementum

FEBRUARY 7, 2024

It analyzes historical data to optimize workflows, predict outcomes, and automate complex decision-making, thereby enhancing efficiency and effectiveness across various operations. Cloud platforms facilitate the deployment of AI models that can process and analyze data in real-time, making automation more dynamic and intelligent.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

GlobalTranz

JULY 20, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. Importance of Metrics in Reverse Logistics Management. Recovery of capital investments in assets.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Optimization Software Supply Chain Network Software 120

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. Through the use of a NoSQL unified data model, the company is able to now move data within 15-minute increments improving the data flow for inventory availability to improve allocation and ATP processing.

Optimal Sourcing 317

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Waste Reduction 317

Logistics Viewpoints

DECEMBER 14, 2021

To keep customers like my dad satisfied, RGD and Quick-commerce companies need to invest in new technologies to optimize the supply chain and logistics operations. Inventory Optimization. Inventory Optimization involves decisions about the inventory level, the location, and the mix of products. Route Optimization.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

synchrono

AUGUST 22, 2016

Given the more customer-centric demand-driven model – coupled with greater access to information – the metrics that manufacturers monitor to make improvements in operations become more focused and actionable. Combat data overload by knowing what you want to achieve and focusing on metrics that align with those goals.

Metrics 40

Metrics Demand Planning Software Modeling Software Forecasting Software 40

Logility

AUGUST 15, 2023

Unveil a world of optimization and progress Effective supply chain management involves numerous factors, including the number of suppliers. This broad spectrum must be captured fully, including metrics on energy consumption, water usage, and overall environmental impact,” explains Vethuizen.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Enterra Insights

JUNE 6, 2023

.”[2] According to Gartner , “Decision intelligence is a practical domain framing a wide range of decision-making techniques bringing multiple traditional and advanced disciplines together to design, model, align, execute, monitor and tune decision models and processes.”

Resource Reduction 130

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

Logistics Viewpoints

JANUARY 17, 2022

Their platform provides greater visibility into and control over how companies spend money, optimize supply chains, and manage liquidity. The Rule of 40 was popularized by venture capitalists in recent years as a key performance metric for SaaS firms. on this metric. They report that Coupa is at 58.2% GAAP versus Non-GAAP.

Logistics Network Optimization Software 215

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 215

Supply Chain Shaman

FEBRUARY 13, 2020

Not all data is forecastable, and not all demand optimization engines are equal. The more forecastable the data set, the easier it is to find an optimizer. In addition, there is often a seasonal, new product launch and service supply chain logical model. To be successful, each logical supply chain model needs different tactics.

Optimal Sourcing 226

Optimal Sourcing Modeling Forecasting Supply and Demand 226

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . Demand planners and supply managers now have the control over operations to ensure agile actions as with this forecasting model,they anticipate demand changes rather than just responding to them. 5 demand planning and forecasting methods that can make a difference.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

SYSPRO Smarter ERP

APRIL 24, 2023

The Association for Supply Chain Management’s Supply Chain Operations Reference (SCOR) model provides seven primary processes that will ensure order fulfilment is carried out properly and efficiently — Orchestrate, Plan, Order, Source, Transform, Fulfill and Return.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Logistics Viewpoints

JUNE 19, 2023

Inventory optimization (IO) is another necessary precursor solution. As things stand, AI can improve a particular supply chain function, but that doesn’t holistically optimize the system. The factory achieves its key metrics, but the metrics that really matter, a high service level at the lowest possible cost, are not met.

Supply Chain Design Software 238

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 238

ToolsGroup

DECEMBER 16, 2021

With the advent of globalization, the Internet, and more recently, the proliferation of mobile technology into every aspect of our lives, there has been a remarkable shift in the world of retail from a product-centric to customer-centric model. How lean retail impacts business goals and revenue targets. That’s only one example.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Software 156

Silvon Software

SEPTEMBER 26, 2023

Fortunately, modern analytic tools like Silvon’s Stratum solution offer pre-defined metrics and data visualization capabilities to simplify the process of creating and sharing KPI dashboards and reports to management and departmental teams throughout the business.

Procurement Analytics 93

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 93

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This includes optimizing processes, managing supplier relationships, and ensuring timely and efficient delivery to meet customer demand.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78