WDT goes new ways to conquer supply chain complexity with Körber

Manufacturing & Logistics IT

WDT banks on the SAP implementation expertise of Körber for expanded business model

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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations.

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IBP Scenario Modeling for Recovery, Restructuring and Resilience

AIMMS

Those that also leverage scenarios in IBP are even better prepared to deal with the supply chain shocks caused by COVID-19. Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling.

Don’t Forecast Demand, Model Your Demand

ToolsGroup

Demand modeling is different from demand forecasting. Simply put, it doesn’t forecast demand, it models demand. Forecasting typically starts with a time series of data—usually presented as a bar chart displaying demand by month or by week.

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

What Is the Difference Between Optimization Modeling and Simulation?

River Logic

Optimization modeling software optimization modeling Simulation Supply Chain Simulation

Leveraging Scenario Planning for S&OP Decision Support

AIMMS

Sales and Operations Planning has become the preferred method to facilitate clear and formal communication between the demand and supply sides of a business. To address this, Gartner advises organizations to adopt scenario planning for S&OP. COVID-19 and Scenario Planning.

Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations.

IBP Scenario Modeling for Recovery, Restructuring and Resilience

AIMMS

Those that also leverage scenarios in IBP are even better prepared to deal with the supply chain shocks caused by COVID-19. Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling.

Win-Win Value Chain Scenarios Require Collaboration

Enterra Insights

Historically, this is called a win-win scenario. In the win-win scenario, involved parties benefit more than they would otherwise have benefited. The win-win scenario is not about all sides reaching a happy compromise; it’s about all sides “winning.”

Supply Chain Network Design: The Ultimate Use Cases eBook

Explore the most common use cases for network design and optimization software. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions.

Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Imagine what would happen if each station optimized its schedule and traffic independently: city-wide chaos would ensue. Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have.

Scenario Planning: Predict What-Ifs and Disrupt Them with Integrated, Continuous Planning

Logility

Fortunately, businesses are beginning to get the message as they consider the advantages of what-if scenario planning to foresee the possibilities ahead and get comfortable with a level of unpredictability that paralyzes actionable decision-making. .

Fashion Industry Challenges Require Elegant Demand Planning

ToolsGroup

When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock. Hybrid models (i.e.

Supply Chain Modeling: Here’s What You Need To Know

River Logic

Supply Chain Supply Chain Optimization modeling software Supply Chain Network Design supply chain modeling optimization modeling

New Buyer's Guide for Supply Chain Network Design

Many companies are looking to redesign their supply chain network to lower costs, improve service levels and reduce risks in the new year. Check out our updated Buyer's Guide for Supply Chain Network Design Software with research insights and learnings!

8 Keys to E-Commerce Modeling Success

CHAINalytics

With the ongoing shift in consumer behavior, we’re experiencing a considerable increase in demand for distribution network modeling of e-commerce supply chains. There are notable differences when modeling networks that supply retail versus support e-commerce.

Demand Optimization Maturity Curve

Logility

Forecasting customer demand has been a critical aspect of business since ancient times. Basic business forecasting models were developed in the early 1900’s. Economic forecasting using Keynesian models was developed in the 1930’s and spread to other industrialized countries after WWII. The first commercially available demand planning system was introduced to the market in the mid 1970’s by American Software. This post discusses the Demand Optimization Maturity Curve.

Scenario Planning: Supply Chains Need a Plan

DynaSys

It’s a universal truth that in supply chains there has to be a plan. A plan of what is going to be sold, a plan of what inventory is needed to meet the demand, a plan of what to make, and a plan of what to buy. The impact has been felt in every supply chain in the world.

Getting Started with Supply Chain Network Modeling

CHAINalytics

A company’s ability to evaluate multiple “what-if” scenarios and make rapid decisions with a high level of confidence is what keeps supply chains moving during disruptions like COVID-19. But what do you do if you don’t have an existing network model?

Implementing Supply Chain Network Design

Companies want to maximize service levels, but they also want to cut costs. These goals are often at odds with one another. How do you find the optimum balance? This guide offers hands-on advice that will help you use network design to achieve successful results.

Optimize Demand Planning with AI: Plan Product Mix & Sales Forecasts Effectively

ThroughPut

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.

The Ultimate SCOR Model for Supply Chain Decisions

River Logic

Supply Chain Supply Chain Excellence SCOR Model Supply Chain Planning

Supply Chain Modeling: What You Need to Know about AI, ML and ERP

Logility

When it comes to supply chain modeling, one size does not fit all, but all of them benefit from strides made in the areas of artificial intelligence (AI) and machine learning (ML). The 6 Different Supply Chain Models. The Importance of Supply Chain Modeling.

Leveraging Scenario Planning for S&OP Decision Support

AIMMS

Sales and Operations Planning has become the preferred method to facilitate clear and formal communication between the demand and supply sides of a business. To address this, Gartner advises organizations to adopt scenario planning for S&OP. COVID-19 and Scenario Planning.

The Modern Customer Success Playbook

The evolution of every high-functioning, effective customer success strategy centers around three C’s: connected experiences, an engaging customer journey, and a culture built on customer-centricity. Satisfaction won’t cut it. Quarterbacking your customers to long-term success and growth is proven to combat churn and transform customer success teams into revenue-drivers. But where do you start? Download the playbook today!

How Does Demand Sensing Differ from Forecasting for Demand Planning?

Logility

The promise of demand sensing is that we can do a better job of anticipating and planning for short-term changes in demand. For today’s supply chain planner, the art and especially the science of forecasting demand have evolved. Here’s one boardroom scenario.

How to Choose the Right E-Commerce Business Model!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. E-Commerce business model article and permission to publish here provided by No-BS Marketplace. Understanding Business Models. A business model is a plan on how your business can make money. Subscribe Here! Email Address.

Smart Software to Preview New Gen2 Forecasting Models at Microsoft Community Summit 2021

The Smart Software

The post Smart Software to Preview New Gen2 Forecasting Models at Microsoft Community Summit 2021 appeared first on Smart Software. Smart Software, Inc.,

Wired for Success: Optimizing Sales and Operations Planning for the Wire & Cable Industry

DELMIA Quintiq

However, gradually complex manufacturing environments may prove to be a challenge for those who struggle with demand forecasting accuracy. All these factors culminate in the inability to formulate and build optimal plans and react to changes.

What Resilience Means in 2021

Speaker: Scott Wooley, President of Thermal Packing Solutions at Atlantic Tape and Packaging

If you thought your supply chain was resilient before 2020, you may have been proven very wrong. If your supply chain is still feeling the effects of the pandemic, you may feel that the insights and lessons are yet to be distinguished among the mess--that's what we're here for. Join Scott Wooley, President of Thermal Solutions at Atlantic Tape and Packaging, and redefine what a resilient supply chain is.

Meet Demands For Supermarkets With AI-Driven Demand Forecasting

ThroughPut

In the past two years, there has been a shift in how supermarket supply chains function. A shift from physical grocery stores to digital grocery stores is indicative of a shift from traditional shopping practices to demand-driven buying practices. Optimized Resource Management .

For Distributors, Mitigating Supply Uncertainty Begins with a Better Forecast

ToolsGroup

Distribution industry supply chains have always been squeezed between manufacturers and their customers; facing increased competitive threats, escalating SKU counts, and expanding ecommerce. Smart planning alleviates risk of distribution supply uncertainty.

It’s time to shake up supply chain scenario simulation

Kinaxis

by Alexa Cheater Scenario simulation is nothing new in supply chain. Having the ability to model and simulate the impacts of a change in your supply chain — whether it’s a sudden increase in demand, the loss of a key supplier or an unexpected capacity constraint — is a critical success factor. But while a supply chain planning (SCP) revolution is beginning to take hold thanks to Industry 4.0 some companies are still using scenarios the same old way.

Evolving Supply Chain Models and the Outlook for Investors

Logistics Bureau

Even before the COVID-19 pandemic came along, the supply chain was beginning to seriously pique the interest of institutional and retail investors, emerging from its undervalued status as a target for cost-cutting, and rising to recognition as a driver of customer service and competitive advantage.

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ. etc) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line.