Logistics Viewpoints

MARCH 19, 2024

Bridging this technological divide requires a concerted effort to harmonize data flows and establish a unified source of truth. Aligning objectives and fostering joint ownership in the rules and policies being used helps eliminate silos while building trust and confidence in decisions.

Supply Chain Planning Software 248

Supply Chain Planning Software Scenario Planning Supply Chain Planning Prescriptive Analytics Software 248

Supply Chain Matters

JANUARY 21, 2023

The Ferrari Consulting and Research Group announces that our latest Research Advisory, 2023 Predictions for Industry and Global Supply Chains is now available for reading. In a prior five-part series of commentaries hosted on Supply Chain Matters , we have provided snapshots of five of our ten predictions for 2023. All rights reserved.

Predictive Analytics 52

Predictive Analytics Predictive Analytics Software Supply Chain Planning Software Global 52

NC State SCRC

JANUARY 1, 2023

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

SCMDOJO

APRIL 9, 2024

From the ubiquity of the Internet and various electronic gadgets, we are now in the era of next-level digital space where businesses and individuals can easily leverage the power of cloud computing, big data analytics, AI, and the Internet of Things (IoT). These have become part of many aspects of modern life, including commercial logistics.

Supply Chain Design Software 76

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

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. IDC’s March 2022 Future Enterprise Resiliency & Spending Survey showed that almost 50% of finance organizations are prioritizing consistent ESG practices and/or policies when considering industry ecosystem design and partners.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Logistics Viewpoints

JUNE 6, 2022

Transportation is, of course, a major source of green house emissions. Oracle’s TMS has built in analytics to make these estimates. That means, over time, the TMS could get better at predicting emissions on a particular route. That is more than any other sector. Unilever is one of the world’s largest food manufacturers.

Cost Reduction Strategies 223

Cost Reduction Strategies Price Reduction Supply Chain Planning Software Transportation 223

The Logistics & Supply Chain Management Society

NOVEMBER 25, 2023

These disruptions can be triggered by various factors, including geopolitical tensions, changes in government policies, or unforeseen events like pandemics. One of the most valuable lessons from trade disruptions is the importance of diversifying sourcing locations.

Sourcing Strategies 130

Sourcing Strategies Material Savings Inventory Reduction United Arab Emirates 130

o9 Solutions

JUNE 27, 2021

Microsoft Data, Analytics, and AI Partner Case Study Program. The o9 solution integrates multiple technology innovations into one platform, including graph-based enterprise modelling, big data analytics, advanced algorithms for scenario planning, collaborative portals, easy-to-use interfaces, and cloud-based delivery.

Analytics Software 83

Analytics Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 83

Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. But some of my other predictions did hit the mark or came close. Making supply chain and logistics predictions is like throwing darts at a moving target. When making predictions, it’s easy to look at recent trends and simply project them forward.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

American Global Logistics

FEBRUARY 22, 2024

Geopolitical instability necessitates diversified sourcing and alternative routes. Supply chain risk analysis firm Everstream Analytics revealed that billion-dollar weather-related events occur every three weeks. This volatility breeds uncertainty, with ever-changing trade policies and environmental regulations adding complexities.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Inventory Reduction 52

Talking Logistics

DECEMBER 20, 2017

Source: Evan, Flikr. “I I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. SophiaTX Open Source Platform to Integrate SAP, Blockchain. In short, I continue to be wrong — and sometimes right — with my supply chain predictions.

Predictive Analytics Software 92

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 92

Logility

OCTOBER 20, 2021

Performing a what-if analysis involves predicting specific outcomes based on different data: specific events that may or may not be favorable to the business. Deep, granular data analysis fueled by AI is required to comb for factors that could be a predictive variable. Find the best supply sources. Operational optimization.

Analysis 130

Analysis Modeling Optimal Sourcing Supply Chain Planning Software 130

ModusLink Corporation

JANUARY 24, 2024

Implement predictive analytics to anticipate potential disruptions. Diversification of Suppliers and Manufacturing Locations: Avoid overreliance on a single supplier or manufacturing location by diversifying sources Assess the geopolitical stability of supplier regions and consider relocating manufacturing facilities if necessary.

Supply Chain Planning Software 78

Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy Supply Chain Planning 78

Enterra Insights

JANUARY 13, 2023

A key source of this problem is that the productivity of human beings simply hasn’t kept pace with the technologies we have developed to help improve our business processes.”[1] ”[1] Craig predicts that organizations that transform into autonomous enterprises will find future success. ” • Is Self-Optimizing.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Optimal Sourcing Predictive Analytics Software Supply Chain Network Software 130

Enterra Insights

OCTOBER 26, 2023

It’s like investing in an insurance policy: you don’t want to pay for more insurance than you need but you don’t want to be underinsured either. Analytics from cloud-based and other technologies provide valuable insights on — and can fiscally quantify — things like employee engagement and productivity.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Logility

OCTOBER 29, 2021

To optimize throughput and capacity utilization, process manufacturers must effectively manage inventory, apply predictive analytics, and gain supply chain transparency through digital transformation. Predictive analytics uses artificial intelligence tools that provide not only real-time data but historical information as well.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

The Logistics & Supply Chain Management Society

JULY 16, 2023

Geopolitical changes encompass alterations in international relations, trade policies, tariffs, or regulations. These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. Collaborative partnerships facilitate information sharing, joint problem-solving, and risk mitigation.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Incorporating circular economy principles throughout, from source to disposal. Incorporating responsible sourcing principles into the supply chain. For example, the ability to predict the failure of equipment, such as an air-conditioner, through embedded connected sensors allows for: The diagnosis of faults remotely.

Resource Reduction 243

Resource Reduction Supply Chain Design Software Resources Sustainability 243

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supply chains throughout the Asia Pacific region. Multi-Sourcing. Adding AI to the system allows businesses to analyse historical data and make predictions, improving agility and resilience.

Agile and Lean Supply Chain 246

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

Logility

APRIL 29, 2021

Know your vendors and apply consistent policies and procedures. Vendor scorecards based on performance metrics help ensure better sourcing decisions when used to assess and compare vendors and assist with onboarding. Compliance is an ongoing challenge for businesses today.

Optimal Sourcing 203

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 203

Logility

DECEMBER 15, 2023

The key to creating an effective market-driven demand plan is access to rich forecasts based on inputs from multiple sources. Excellence in all these areas requires predicting demand, buying supplies, producing products promptly, and swiftly responding to market demand.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Enterra Insights

JUNE 30, 2022

” They also found, “Companies increasingly have access to the advanced data analytics and best practices necessary to make their supply chains more resilient.” He told journalist Elsa Wenzel ( @elsamary ), “Let’s stop predicting the future because we’ve proven we’re incapable of doing it.

Supply Chain Planning Software 130

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

Supply Chain Shaman

JUNE 23, 2020

Let’s celebrate that over the last two years, there were four significant acquisitions by traditional supply chain planning providers to deepen analytics capabilities: 07/2018 JDA purchases Blue Yonder (Purchase price confidential.). Historic order patterns are useful in predicting future demand. The need is there.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

SYSPRO Smarter ERP

NOVEMBER 1, 2021

With one universal touchpoint, businesses can have full visibility of inventory levels along with backend systems to handle procurement and sourcing policy changes, distribution, and lead time planning as well as analytics providing data real-time to support improved decision-making. Maintaining competitive advantage.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

Logistics Viewpoints

MARCH 2, 2023

After months of dire predictions, many in the financial community are lowering the odds of a recession in the next year. And we’ve yet to experience all of the possible repercussions of the conclusion of China’s zero-COVID policy. Things have changed, for good, and the environment we now work in is one of constant volatility.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Enterra Insights

FEBRUARY 7, 2024

Few, if any, analysts are predicting fair winds and following seas for supply chains this year. Journalist Ben Unglesbee reports, “Extreme weather events are the top risk facing supply chains in 2024, according to an annual outlook report from Everstream Analytics. It is expected to further decelerate to around 4.5%

Risk Management 130

Risk Management Trends Supply Chain Planning Software Supply Chain Design Software 130

Enterra Insights

APRIL 7, 2022

Cybersecurity journalist Zeljka Zorz ( @ZeljkaZorz ) reports, “As predicted, [Russian] attacks in the physical world [were] preceded and accompanied by cyber attacks.”[1] It appears to come from a reliable and safe source but it is not. 9] What is their security policy and is it adhered to? ”[8].

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 130

NC State SCRC

OCTOBER 31, 2017

An important differentiation between data governance, business intelligence, business analytics cognitive analytics and predictive analytics is needed as a basis for building a digital supply chain strategy. Standardizing policies, standards, procedures and systems related to data.

Analytics Software 45

Analytics Software Sourcing Strategies Cost Reduction Strategies Predictive Analytics 45

Logility

APRIL 27, 2022

China’s zero-tolerance policy and lockdowns are bringing bottlenecks to ports while creating supply shortages at the same time. And what can you do to prepare for something you can’t predict? Do you have single-source suppliers? It now seems that planning for a post-pandemic world was premature. It’s a stressful situation.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Demand Planning Software 173

Enterra Insights

SEPTEMBER 22, 2021

” Analysts from the Boston Consulting Group (BCG) add, “Over the past decade, public and private sources have dedicated impressive amounts of energy and resources to digital agriculture in developing countries.”[2] ”[3] The analytics are most likely to be embedded in some type of cognitive technology (i.e.,

Analytics Software 130

Analytics Software Predictive Analytics Software Supply Chain Network Software Forecasting Software 130

Vanguard Software

MARCH 26, 2021

Besides raw material costs, logistics can account for anything between 5% and 50% of the total product cost , depending on where products are sourced, their value, and the shipping methods. Transportation methods Procurement Inventory policies Distribution costs Forecasting and demand planning Customer service levels.

Optimal Sourcing 52

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 52

Silvon Software

AUGUST 9, 2023

Small and medium-sized businesses (SMBs) have traditionally been slow to adopt analytics and reporting strategies — with SMB leaders often expressing frustration over their limited access to data and insights compared to larger competitors. This is where modern analytics and reporting platforms come into play.

Analytics Software 91

Analytics Software Predictive Analytics Software Forecasting Software Predictive Analytics 91

American Global Logistics

JANUARY 10, 2024

Using standardized analytics and artificial intelligence will help enable flexibility. Businesses need the flexibility to sense real-time changes to pivot sourcing, production, and logistics accordingly. Strategies like dual sourcing, increasing buffer stock, and supply chain finance may provide stability when the unexpected occurs.

Supply Chain Planning Software 52

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

Precoro

AUGUST 14, 2023

We want to highlight the following top five skills for a procurement manager (in no particular order): Analytical acumen One skill that procurement managers should prioritize is analytical acumen. Ardent Partners predicted that cost savings would be more important in 2023 than at any other time in the last decade.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

ToolsGroup

SEPTEMBER 13, 2016

They must be able to drive fulfillment through distributed order management that defines sourcing and fulfillment policies and logic, as well as make high-frequency, inter-depot transfers across channels to balance inventories as demand evolves dynamically. These tools disaggregate forecasts down to the stockkeeping unit level.

Supply Chain Software 120

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 120

Supply Chain View from the Field

JANUARY 13, 2015

Last year around this time I made a lot of predictions about what 2014 would hold in store…Let’s revisit some of these, and see what has happened (or what hasn’t!) Here are my predictions from 2014, and an update on what I think will happen in these areas. This is likely to continue. More of the same.

Negotiating Skills 60

Negotiating Skills Predictive Analytics Predictive Analytics Software Supply Chain Planning Software 60

Enterra Insights

JULY 28, 2022

Planning would be a lot easier if the world were a less complicated and more predictable place in which to conduct business. Even if a lot of information is available (in the sense of being secure and predictable), the evaluation of the same can still be ambiguous.” Government policies are rational. ” • Ambiguity.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 130