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

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

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

Logility

AUGUST 15, 2023

Even before importing and selling any item, every step addresses complex challenges amplified by regulations dictating the origin of goods and ethical sourcing and labor practices. Unveil a world of optimization and progress Effective supply chain management involves numerous factors, including the number of suppliers.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. Optimize sourcing: Focus on optimizing sourcing spend across all categories of products. Conduct this resiliency test for all categories of products and suppliers.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

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

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

Logistics Viewpoints

MARCH 27, 2023

Demand forecasting should be tightly integrated to an inventory optimization application. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Demand models need to be continuously updated. The model can be updated to reflect a demand spike for that city during the relevant period.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

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

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

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

BlueYonder

DECEMBER 18, 2023

The IDC MarketScape looked at whether the applications could support profitable decision-making, enhance both the pre- and post-purchase customer experience, position inventory accurately, and optimize the in-store experience. A modern software architecture, built on a cloud-native microservices model.

Optimal Sourcing 94

Optimal Sourcing Procurement Analytics Supply Chain Planning Software Predictive Analytics Software 94

Logility

DECEMBER 29, 2020

Optimizing Your Existing Assets. Here it is again: there’s an asset that many manufacturers have not yet optimized – their own data. Some of you may want to argue that point but note that we’re calling for the optimization of deriving sound business decisions from data. Supply Chain Optimization. Quality Control.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

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 228

Optimal Sourcing Modeling Forecasting Supply and Demand 228

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

ModusLink Corporation

SEPTEMBER 7, 2023

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

ModusLink Corporation

SEPTEMBER 7, 2023

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

SCMDOJO

APRIL 9, 2024

Companies that integrate these technologies in their logistics and supply chain processes optimize their operations and set themselves up for long-term success. In the world of logistics, this means enhanced operational efficiency for inventory management, route optimization, safety and security of goods, and resource allocation.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Source: [link]. By creating greater transparency throughout food supply chains, manufacturers can identify where the wastage happens and solve the problem at the source.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

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 17, 2023

Business intelligence in manufacturing Here are a few ways business intelligence can enable manufacturing organizations to be data-driven: Data analysis: Harness data from various sources like production lines, suppliers, and customers, to identify trends, patterns, and anomalies.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

Logility

DECEMBER 28, 2020

Optimizing Your Existing Assets. Here it is again: there’s an asset that many manufacturers have not yet optimized – their own data. Some of you may want to argue that point but note that we’re calling for the optimization of deriving sound business decisions from data. Supply Chain Optimization. Quality Control.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. The stock rebalancing skill is designed to enable Mars to optimize DC to DC shipments.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

ToolsGroup

APRIL 25, 2019

Without baseline metrics on what you want to improve on and why, how can you be confident your strategy is working? And because machine learning systems get smarter over time, having a consistent method of measurement is even more important to ensure you can accurately track how outcomes and ROI are improving against established metrics.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Supply Chain Shaman

MARCH 18, 2018

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Supply Chain Shaman

FEBRUARY 14, 2022

The model in Figure 1 became the foundational model for the Gartner S&OP model. Forty interviews and two quantitative studies helped me build the model in my mind. Sales and Operations Maturity Model from 2005-2008. Organizations can align to drive value despite the allegiance to functional metrics.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

JULY 21, 2022

The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. I encourage all to do this modeling in simulation to educate executive teams.). Align the organization to a customer-centric business model.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

ThroughPut

AUGUST 24, 2021

However, these models have tremendously faltered, when they have not altogether failed because of superior intelligence. Absence of Real-Time Data : Delayed delivery of performance metrics and consumer behavior sets off a chain reaction of excess, wastage, and loss of profits. This leaves a lot of scope for errors at multiple points.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Logility

JUNE 7, 2023

Accurate demand forecasts can empower a business to optimize its production schedules, manage its inventory efficiently, and minimize waste, which can lead to improved profit margins. By incorporating these influences into your forecast, you can better anticipate shifts in demand, leading to more accurate forecasting models.

Supply and Demand 130

Supply and Demand Demand Planning Software Forecasting Software Forecasting 130

Logistics Viewpoints

AUGUST 7, 2023

The Cardinal Health Supply Chain Cardinal Health’s medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products. Planner Metrics – They implemented adoption metrics on how often planners were using the planning application or if they were experiencing any pain points in the system.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

ivalua

JUNE 29, 2020

Being a glass half full kind of person, there is a giant opportunity ahead to improve and optimize. Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. Ultimately, BSW was able to improve a key metric (Supply Expense as a % of Net Patient Revenue) and generate millions in savings.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

FEBRUARY 27, 2020

The promise of mathematical engines to improve business decision making is the basis of the supply chain planning, trade promotion management, revenue optimization, and supply chain execution markets for transportation/logistics. Historically, the design of the data model drove software market positioning. The fit of the data model.

Analytics Software 238

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 238

Logistics Viewpoints

FEBRUARY 10, 2021

A SCCN allows a company to get data useful for planning, sourcing, manufacturing, logistics, returns, supply chain risks, and supply chain finance. Basically, a SCCN that can get data feeds from across the plan, source, make, deliver, risk, and finance categories allows companies to have an end-to-end view of their supply chain.

Supply Chain Planning Software 153

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 153

Supply Chain Shaman

JULY 22, 2019

Companies performing the best have three characteristics: Business Model Innovation. The source data for the analysis comes from Ycharts.). We selected these metrics based on correlation work with Arizona State University in 2012. Functional excellence, when taken to an extreme sub-optimizes the supply chain. (The

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. As such, optimally managing your sales and inventory at Kroger is essential to grow your brand and solidify its foothold with the end consumer.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52