ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Unleashed

APRIL 18, 2023

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Supply Chain Shaman

NOVEMBER 29, 2021

Shippers pushed cost and waste backward in the supply chain. There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. The news reports symptoms, not root causes. Changing Analytic Capabilities. Increased Importance.

Supply Chain Planning Software 280

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 280

Supply Chain Shaman

SEPTEMBER 10, 2023

I was working on a report on the Multi-Enterprise Inventory Management (often termed MEIO) and I challenged Pete. The basic taxonomy of supply chain planning–the framework for a series of optimization engines– has not changed. Model Adaptability. Most of the discussion today, is on engines, not on models or testing.

Supply Chain Planning Software 256

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 256

GlobalTranz

SEPTEMBER 13, 2018

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. International trade and customs issues reports Toby Gooley of DC Velocity. Minimize product packaging costs and add-ons.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? As highlighted by?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Shaman

NOVEMBER 29, 2021

Shippers pushed cost and waste backward in the supply chain. There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. The news reports symptoms, not root causes. Changing Analytic Capabilities. Increased Importance.

Supply Chain Planning Software 269

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 269

SCMDOJO

MARCH 27, 2024

Such a tool is vital for your computer to remain in optimal condition. This includes native support for macOS and optimizing its latest features and security protocols. That could include AI-driven analytics, real-time tracking, and integration with loT devices. It also supports complex planning models.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 69

Enterra Insights

NOVEMBER 4, 2020

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. ”[1] As a result of increased digital-path-to-purchase activity, online marketplaces have flourished. . Staying Current Using Real-time Analytics. ”[2].

Procurement Analytics 100

Procurement Analytics Purchasing Skills Procurement Solutions Analytics Software 100

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Shaman

NOVEMBER 29, 2021

Shippers pushed cost and waste backward in the supply chain. There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. The news reports symptoms, not root causes. Changing Analytic Capabilities. Increased Importance.

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 195

Logistics Viewpoints

JUNE 8, 2023

Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping. However, advancements in technology have made it possible for any company to automate and optimize their last-mile delivery operations. Cost is an important consideration as well.

Modeling Software 203

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 203

Locus

OCTOBER 5, 2021

Today, businesses are at the cusp of new changes in the supply chain that includes evolving customer expectations, omnichannel purchasing, and the shipping of unpredictable volumes. After the pandemic hit, flexible logistics models helped businesses to easily penetrate into dense urban markets at economical costs.

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

Enterra Insights

NOVEMBER 23, 2021

Much of the finger-pointing involved the movement of shipping containers into and out of port facilities. For the supply chain to work smoothly, a complex and highly choreographed dance, involving both full and empty shipping containers, must be performed. More than 80 ships stretched to the distance — a new record. ”[1].

Supply Chain Design Software 130

Supply Chain Design Software Shipping Supply Chain Design Supply Chain Planning Software 130

Logistics Viewpoints

AUGUST 5, 2021

PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

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 Planning Software 156

RFgen

APRIL 12, 2024

Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line. Some fees are more obvious, like shipping charges.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Enterra Insights

MAY 31, 2022

He explains, “For years, management experts have championed the power of globally integrating enterprises to optimize business performance and ensure global brand and operational consistency. Digitally optimizing only internal processes ignores important pieces of the value chain. ”[3]. Internally, from other departments?

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Supply Chain Game Changer

NOVEMBER 6, 2019

The right application of warehouse management analytics can enable significant growth for companies, forced to focus on smaller package sizes, not the pallets and cases of the past. Why Do Analytics Overwhelm Supply Chain Leaders? Analytics can be complicated. Benefits of Warehouse Management Analytics.

Analytics Software 60

Analytics Software Procurement Analytics Analytics Warehousing 60

ToolsGroup

MAY 30, 2022

BOSTON (May 31, 2022) – ToolsGroup , a global leader in supply chain planning and optimization software, announced today that Joe (Yossi) Shamir will retire from his role as CEO. In her previous role, she was the CEO of 1010data, the leading provider of cross-enterprise data analytics tools.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Analytics Software Optimization Software 156

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. Space Optimization : Availability of warehouse storage space affects how often inventory can be replenished. Inventory Optimization Software.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

Enterra Insights

MAY 24, 2021

2] Two of the biggest changes in consumer behavior, brought on by the pandemic, have been an increase in online purchasing and an appreciation for touchless shopping, including options like curbside pickup. Adapting business models to align with current and future customers is not as easy as it sounds. Consumer delivery model.

Retail 130

Retail Modeling Supply Chain Planning Software Modeling Software 130

Intelligent Audit

MAY 20, 2021

Shipping may be the final part of the retail experience, but it is often the one that consumers base their overall experience upon. A bad experience with retail shipping can overshadow great products and reasonable pricing. The modern-day supply chain network relies on fast and affordable shipping solutions for retail customers.

Meeting 52

Meeting Analytics Software Purchasing Skills Shipping 52

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? Pirate ships would lower their flag when puff roared out his name oh. Today, technology providers are selling analytics. We don’t understand why the investments of ERP and advanced analytics are not yielding better results…. S&OP Challenges. Reflection.

Analytics Software 242

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 242

ToolsGroup

MARCH 7, 2023

To increase agility, supply chain teams need to be able to make informed decisions faster and optimize and respond at the speed of business,” says ToolsGroup CEO, Inna Kuznetsova. “We What-If Scenario Planning : The simulation and optimization of inventory and service levels trade-offs and their impact in different design scenarios.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

Veridian Solutions

JULY 17, 2019

The right application of warehouse management analytics can enable significant growth for companies, forced to focus on smaller package sizes, not the pallets and cases of the past. Why Do Analytics Overwhelm Supply Chain Leaders? Analytics can be complicated. Benefits of Warehouse Management Analytics.

Analytics Software 58

Analytics Software Procurement Analytics Analytics Warehousing 58

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. You need to balance between meeting demands optimally and adopting cost-effective production means.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. ” • Optimizing customer order fulfillment.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. While driving a projected $14.1

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

crisp

OCTOBER 3, 2023

Inflation and economic uncertainty loom large , directly influencing consumer purchasing behavior. Consumers are undoubtedly becoming more cost-conscious , but how can businesses leverage this shift to their advantage? And how can brands effectively prepare for the year’s most crucial shopping season?

Waste Reduction 52

Waste Reduction Inventory Reduction Vendor Strategies Resource Reduction 52

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Demand forecasting should be tightly integrated to an inventory optimization application. Demand models need to be continuously updated. This sounds obvious.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Globalization Will Become More Important in Everyday Decisions.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Ideally, IBP adds a stronger financial perspective to the process that in theory optimally balances customer service with profitability and even cash flow.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235