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. The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Closed Loop.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Now the use of AI/ML is expanding beyond finding insights in data and providing predictions for the future.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

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. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

BlueYonder

MARCH 18, 2022

Just as port congestion was beginning to clear, companies find themselves facing a new set of challenges , including product and materials shortages, blocked transportation lanes and airspace, and rising fuel costs. By running fewer scenarios based on predictive analytics and intelligent guidance, companies can gain speed and agility.

Modeling 52

Modeling Agile and Lean Supply Chain Supply Chain Planning Software Supply and Demand 52

ShipBob

APRIL 26, 2023

It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process. Starting with the COVID-19 pandemic, which resulted in nationwide lockdowns that put a temporary stop to raw materials transport. Further, the Great Resignation did not leave the logistics industry unscathed.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

BlueYonder

FEBRUARY 17, 2022

Coming out of Y2K, more logistics operations focused on improving labor management, transportation management and green initiatives such as advancements in lighting technology, safety features with automated dock ramps with trailer locks and more. Investments in Transportation solutions is imperative.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

ThroughPut

OCTOBER 16, 2022

Inventory analytics can go a long way in understanding and improving the inventory performance and often done by an inventory manager. Most retailers and suppliers today lack automated and digitized distribution processes which make it difficult to sufficiently add analytical, predictive, and Artificial Intelligence capabilities.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Talking Logistics

JANUARY 8, 2018

The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt. Do we have the right Service Level Agreement metrics in place? At what cost?

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

ShipBob

DECEMBER 13, 2023

These metrics provide valuable insights into how well your inventory is managed. Using ShipBob: ShipBob’s analytics tools provide real-time data on sales and inventory levels, allowing for accurate calculation of the turnover ratio. Let’s explore the top indicators of inventory health and see how they can be effectively monitored.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

GlobalTranz

FEBRUARY 6, 2017

Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. For example, Johnson & Johnson procurement professionals actively review market trends before making purchases.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

BlueYonder

MARCH 18, 2022

Just as port congestion was beginning to clear, companies find themselves facing a new set of challenges , including product and materials shortages, blocked transportation lanes and airspace, and rising fuel costs. By running fewer scenarios based on predictive analytics and intelligent guidance, companies can gain speed and agility.

Modeling 40

Modeling Agile and Lean Supply Chain Supply Chain Planning Software Supply and Demand 40

ToolsGroup

MARCH 1, 2016

The reading audience is global, and spans a wide variety of roles: procurement, supply chain strategy and planning, product management, logistics and transportation, customer service, and others. We talked to Bob to see what we might learn from that experience. What is the makeup of your blog audience?

Supply Chain Planning Software 120

Supply Chain Planning Software Predictive Analytics Software Analytics Software Supply Chain Software 120

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Big Data analytics Artificial intelligence and machine learning enable predictive analytics and demand forecasting, facilitating better decision-making.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

SCMDOJO

JANUARY 23, 2023

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

ThroughPut

APRIL 10, 2020

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

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

ThroughPut

APRIL 10, 2020

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

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

ThroughPut

APRIL 10, 2020

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

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

DynaSys

FEBRUARY 3, 2021

Some examples may be rules restricting availability of transport stock and routes, laws limiting workforce liberties or effectiveness, short-term working capital guidelines, etc. Start leveraging your planning capabilities with state-of-the-industry advanced analytics and data visualization.

Modeling 98

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 98

IQMS

OCTOBER 18, 2019

The algorithms iteratively query data with many using constraint-based modeling to find the core set of factors with the greatest predictive accuracy. One of the most challenging aspects of managing a supply chain is predicting the future demands for production. 15th, 2017 (PDF., no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

HICX Solutions

FEBRUARY 15, 2024

Therefore, awareness of changes in global regulatory legislation and a focus on sustainable procurement have never been so important for organizations of all sizes. From cloud-based platforms to advanced supplier data analytics , digital solutions are addressing the challenges of supply chain management.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 52

IQMS

JULY 11, 2019

McKinsey also found that AI-enhanced predictive maintenance of industrial equipment will generate a 10% reduction in annual maintenance costs, up to a 20% downtime reduction and 25% reduction in inspection costs. Analytics and MI-driven process and quality optimization are predicted to grow 35% and process visualization and automation, 34%.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Supply Chain Shaman

AUGUST 16, 2015

The goal is deeper analytics to sense and respond across make, source and deliver. GT Nexus is one of the strongest providers of transportation visibility for the global ecosystem. 2) Advanced Analytics. Most of the analytics today in B2b networks are descriptive and operate with latency of days and hours. It is clear.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

CH Robinson Transportfolio

JULY 28, 2020

While no one could have predicted the level of change 2020 has already brought, it is also creating new opportunities for the first time. Every decision becomes more impactful based on these metrics. Key to this opportunity is ensuring the technology is backed by a suite of analytics, services and supply chain experts you can rely on.

Resource Reduction 55

Resource Reduction Vendor Strategies Cost Reduction Strategies Inventory Reduction 55

Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. Inventory forecasting software : Inventory forecasting software uses algorithms and data analysis to predict future demand for products.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

ShipBob

OCTOBER 1, 2021

To make their supply chains more lean, retailers can explore different supply chain optimization techniques throughout procurement, production, and distribution, or outsource supply chain management to a 3PL. As long as you are tracking the right metrics, data reveals where you can eliminate waste within your supply chain.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). This metric doesn’t just account for the cost of buying inventory. It also factors in other expenses involved in holding, maintaining, and preparing inventory for sale, such as inventory storage , transportation, labor, and marketing.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Customer Satisfaction scores side by side with the service level and availability metrics.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

Requis

OCTOBER 30, 2020

Because one of the major costs in a business, if you take in procurement and cost of goods, is supply chain. It comes down to understanding of technologies, systems, and analytics. People still need to know the basics, but the big change is in the analytics area. They’re loading programs and using analytical tools in house.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Intelligent Audit

AUGUST 3, 2021

The importance of analytics within the modern supply chain network has never been more apparent or critical than today’s market. The lack of end-to-end visibility and applicable metrics has made it difficult for parcel carrier s and shippers to envision the value of data and analytics within their network systems.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Analytics 52

Logistics Viewpoints

MARCH 31, 2022

With gasoline prices reaching record highs , transportation managers must make smarter decisions that minimize road miles and associated costs. Artificial intelligence (AI), machine learning (ML), predictive analytics and robotics once seemed incredibly sophisticated and out of reach — but today they’re easily accessible to every company.

Logistics Network Optimization Software 206

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 206

NC State SCRC

DECEMBER 28, 2015

If there’s anything we’ve learned in the last year, it’s that prediction is not only much more complicated than it looks, and that the volatility and uncertainty that exists in the global supply chain operating environment is making life a whole lot LESS unpredictable.

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. The structural requirements of your business plan will influence this prediction. As a result of this improved forecasting precision, you can plan your procurement more accurately.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

ShipBob

NOVEMBER 15, 2021

A 3PL should also make logistics planning easier with predictable, transparent pricing for every service. Additional tools like free standard packaging, data and analytics, and our best-in-class software are included at no extra charge to help you stay on budget and plan your logistics. Procurement and manufacturing.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Talking Logistics

APRIL 7, 2016

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). We’re seeing the TMS market move in two opposite directions,” I wrote back in December.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Optimization Software Transportation Management 100

Supply Chain Management and Analytics

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Customer Satisfaction scores side by side with the service level and availability metrics.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

Unleashed

JULY 10, 2023

S&OP aims to establish an integrated plan for the following activities: Sales Marketing Finance Production Procurement Supply chain management Inventory management Demand planning Inventory planning Materials planning S&OP is designed to ensure all the different business teams are working together to maximise efficiency and profitability.

S&OP 40

S&OP Supply and Demand Supply Chain Planning Software Inventory Reduction 40

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. This means faster shipping times, and lower transport costs. Inventory Analytics. Cloud technology accelerates.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80