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Key Tools and Technologies to Build the Warehouse of the Future

DELMIA Quintiq

Warehouse management is no longer the static element in the supply chain, but an area that’s ready for smart transformation. This makes warehouse digital transformation a reality in order to sustain business and thrive amidst increasing competition and market pressures. billion in 2020 and is projected to reach USD $14.18

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Why manufacturers should integrate business intelligence tools into their ERP software

SYSPRO Smarter ERP

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? BI and analytics have gone mainstream, as evidenced by Snowflake’s (a data warehousing company) transformation from a startup into a $63 billion company in just ten years. How much does it cost us to manufacture this product?

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Why 3PL outsourcing for warehousing operations makes sense

Kanban Logistics

If you’re outgrowing your current warehousing partner or are ready to make the leap from DIY to a more robust operation, 3PL outsourcing may be the answer. In this article, we’ll tell you a little about what a 3PL warehousing operation looks like and give you 5 benefits that an outsourced 3PL relationship can have for your business.

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Track the Supply Chain Metrics that Really Matter

Precoro

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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Demand Planning Software – Top 3 Demand Forecasting Mistakes to Avoid

Logility

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? Neglecting these can distort your forecast.

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From Predictions to Operations: Compelling Supply Chain AI Use Cases

ThroughPut

With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark. Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. You can identify near-term market shifts with greater precision.

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Until AI Can Solve this One Simple Task, I Wouldn’t Worry About It

Logistics Viewpoints

These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security.