Top 6 Predictions for Supply Chain Planning in 2021 and Beyond

ToolsGroup

Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. Read our blog on open supply chain platforms.

Digital Transformation of Supply Chain Planning at SKF

ToolsGroup

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). At last week’s TG18 ToolsGroup user event , global bearing manufacturer SKF laid out an impressive review of their transformation to “ Integrated Planning ”. The company is moving from location-based planning to a global planning model, including a complete revamp of its supply chain planning operations to processes organized by product and factory. Inventory planning was local.

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Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

With supply chain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions. As COVID-19 continues its malevolent spread around the world, concerns grow regarding the continued impact on supply chains and business continuity. Commonly companies will use a “firefighting” response in times of supply chain disruption in order to meet service levels.

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Initially companies believe regional planning systems easily adapt to become global, but they quickly learn otherwise and hit roadblocks. Success in Supply Chain Planning Is a Flip of a Coin. 4) Plan By Design.

SAP HANA and the Future of Supply Chain Planning

ToolsGroup

Capturing and leveraging large quantities of data for improved forecasting, demand analytics and supply chain planning is now pretty much a given. Many are wondering if SAP HANA will be a good in-memory computing platform for capturing the data that will feed processes such as supply chain planning. SAP is already commercializing HANA for supply chain, says Gartner analyst Tim Payne, by merging cloud, in-memory computing, mobile, scale and speed.

Step Three: Stage Five Supply Chain Planning System of Record (SCP SOR)

Kinaxis

It is just like your supply chain. So how do you manage an integrated supply chain when you don’t know the sequence of events from day-to-day and any decision you make can impact your next action and also others in the organization? I remember starting in supply chain many years ago in procurement, negotiating pricing and managing suppliers. The concept of demand understanding how they have impacted supply or vice versa is unheard of.

Has Driverless Supply Chain Planning Already Arrived?

ToolsGroup

There has been a lot of news about driverless cars, and at the Supply Chain Insights Global Summit there was also some news about “driverless” supply chain planning when two companies described supply chain planning with almost no human intervention. More on this later, but to start, by driverless (whether referring to vehicles or supply chain planning) I don’t mean completely no touch at all times.

Will Supply Chain Planning Productivity be a Hot Topic in 2017?

ToolsGroup

Planning productivity can be increased by segmenting tasks according to the tools best suited for the activity. For years, planning productivity has not been a particularly hot topic at most companies. But this looks like the year attitudes are changing, particularly in forward-thinking supply chain organizations. Firms are beginning to ask, " Why do planners need to spend so much time nursing their planning system." Supply Chain Planning

Myopic and Hyperopic Supply Chain Planning

Logility

So what does this have to do with supply chain management other than many of the readers of this blog are probably wearing contacts and/or eye glasses or have had some form of Lasik surgery? Just as we humans require both far and near vision to be effective in our daily lives our supply chain’s need both near and far vision to ensure an efficient and effective response to planned and unplanned events.

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. With changing product profiles, short life cycles, constraints with downstream suppliers, and changing markets, being good at supply chain planning matters. In this tough market being good at supply chain planning is a critical element to be competitive. Getting good at planning requires executive leadership.

Supply Chain Planning Fireworks

Logility

Most people don’t think about all the planning that needs to take place in the months leading up to the 4 th to make sure everything is available to make this US holiday a success. However, supply chain professionals from thousands of different companies supplying consumable and non-consumable products have to consider past demand trends and predict their products’ demand for the upcoming holiday. Planning for Holidays is a Complex Process.

Myopic and Hyperopic Supply Chain Planning

Logility

So what does this have to do with supply chain management other than many of the readers of this blog are probably wearing contacts and/or eye glasses or have had some form of Lasik surgery? Just as we humans require both far and near vision to be effective in our daily lives our supply chain’s need both near and far vision to ensure an efficient and effective response to planned and unplanned events.

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. Drivers of supply chain planning digitization vary significantly by company, with 42% identifying increased operational efficiencies (e.g. PRESS RELEASE.

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Supply Chain Planning is Essential for Ending Up in the Right Place

Enterra Insights

” Both these sentiments underscore the importance of planning. This is no less true for supply chain operations than it is in any other of life’s activities. Historically, planning draws heavily on past patterns of behavior. ”[1] Bolstering his argument, he cites a conference presentation given by Francesca Gamboni, a Senior Vice President for supply chain at Groupe PSA. ” Cognitive technologies and supply chain planning.

The Challenge of “Click and Collect” Supply Chain Planning

ToolsGroup

Think of a vending machine-type setup in the airport that sells travel supplies like headphones and travel pillows. The idea of the locker is the latest addition to the growing menu of e-commerce delivery options,” says Kent Savage, CEO at Apex Supply Chain Technologies. “It Supply chain planning can address this added complexity.

Supply Chain Planning Challenges: Exciting Times Ahead

Arkieva

My team and I had just gotten back from the India Manufacturing Supply Chain Summit & Awards 2016 at Mumbai. For 2 days some of the best Supply Chain Practitioners and Solution providers from India discussed under one roof the supply chain planning challenges they face, such as the future of Manufacturing supply chains, and how best to work as a team to tackle the expected manufacturing boom in India. Procurement.

Is Your Supply Chain Planning System in the Cloud?

Logility

Yes, I might look like I am taking a nap but really I am deeply contemplating things like the current state of deploying Supply Chain Planning Technology in the cloud. With the explosive growth in supply chain complexity and data volumes, a growing number of manufacturers, retailers and distributors of all sizes are all looking for more agile, easily implemented paths to better supply chain performance.

How Do You Define a Mature Supply Chain Planning Organization? (Part 1)

Supply Chain Shaman

At that time, they planned on spreadsheets. Their goals were lofty, but their understanding of supply chain planning was hazy. In 2006, they made a decision to implement a supply chain planning solution. The cost was 60% more in than average; but even more unfortunate, they never got a good understanding of how to use the planning system. Table 1: Characteristics of a Mature Planning Organization. Tactical Supply. Procurement.

6 Key Supply Chain Planning Strategies to Prepare for the New Normal

BlueYonder

Regardless of the business model or industry, supply chain planners must evaluate alternatives, calculate costs, and develop a plan of action before the window of opportunity closes. Developing an action plan based on what is learned from scenarios is critical.

Clouds are Gathering for an Open Platform for Supply Chain

ToolsGroup

If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. How supply chain disconnections disrupt service. 2030 vision: End-to-End supply chains that serve customers.

Supply Chain Planning for the Busy Holiday Season

AFFLINK

Many businesses make the majority of their sales during the holiday season, which is a perfect time to get ahead of managing their supply chains. A sharp spike in any supply chain can lead to disruption, and if a business hasn't planned ahead, they could suffer a potential loss in sales, as the economy as a whole will be churning much faster. The Major Challenges to Holiday Supply Chain Management. Improve Your Supply Chain Visibility.

Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Today, supply chain excellence matters more than ever. During the pandemic, the supply chain discussions take new importance. While the supply chain technology market lost its allure at the start of the last decade, it is now cool again.

Risk v Rewards - Making the Right Decisions in Global Supply Chain Planning

Logility

The last twenty years have seen amazing expansions in global supply chains. On the supply side, companies began looking for lower-cost sources from different geographies. Whether it was the US going to Asia or the EU going to Africa or the Eastern European countries to procure lower cost components, this concerted effort created a coordination challenge across a vastly extended supply network. How could the supply chain become demand-driven?

Risk v Rewards - Making the Right Decisions in Global Supply Chain Planning

Logility

The last twenty years have seen amazing expansions in global supply chains. On the supply side, companies began looking for lower-cost sources from different geographies. Whether it was the US going to Asia or the EU going to Africa or the Eastern European countries to procure lower cost components, this concerted effort created a coordination challenge across a vastly extended supply network. How could the supply chain become demand-driven?

Marketing Supply Chain Solutions Post-COVID: Q&A with ToolsGroup CMO Caroline Proctor

ToolsGroup

There’s still a strong demand for supply chain planning solutions, particularly ones with machine learning capabilities that can help clients rapidly adapt to the changing supplier situations and consumer demand that goes along with major disruptions like this. .

The Links between Product Lifecycle and Supply Chain Management

Logistics Viewpoints

I wrote a Logistics Viewpoints article in October that discussed how Diageo has transformed its supply chain from a cost savings function to an enabler of growth-driving innovation. This case discussed how supply chain was elevated to a strategic level due to its critical role in executing new product introductions. Procurement/Sourcing Production Supply Chain Planning

How digitalization ensures survival in physical retail

DELMIA Quintiq

It’s easy to see why: digital economy has changed the rules in supply and demand. The solution can be linked to all existing systems, enabling real-time, integrated and flexible supply chain management. The powerful combination of dynamic planning and advanced analytics allows retailers to rely on accurate forecasts and recognize customer trends at an early stage. It’s possible with intelligent planning of your logistics and workforce deployment.

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Using Satellite Imagery as a Data Source to Improve Supply Chain Management

Logistics Viewpoints

Satellite imagery data represents another data set that may have the potential to improve company’s supply chains. There are potential uses surrounding procurement, sustainability, and strategic planning. The post Using Satellite Imagery as a Data Source to Improve Supply Chain Management appeared first on Logistics Viewpoints. Supply Chain Planning Satellite imagery

3 Lessons from the Biggest Supply Chain Planning Mishaps Of 2016

AFFLINK

2016 has been an eventful year for the supply chain industry. Several product recalls have made the news, and though many stories tend to be more hype than detail, it's always worth reflecting on — and learning from — others' mistakes before gearing up for next year's supply chain planning. SunOpta reported more than a $16 million loss, and the recall spread beyond SunOpta products to companies supplied by SunOpta.

Efficient Financing Options Help Enhance Factory Standards in Emerging Markets

Logistics Viewpoints

The financial supply chain needs more attention than it usually gets. Traditionally, the focus of supply chain management is on the movement of finished goods and raw materials across the value chain. The post Efficient Financing Options Help Enhance Factory Standards in Emerging Markets appeared first on Logistics Viewpoints: A Blog for Logistics, Supply Chain, and 3PL Executives.

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Is it time to say goodbye to RFIs?

AIMMS

Supply chain software is changing. As someone who has worked in supply chain for over 20 years, I’m very familiar with Requests For Information (RFIs) and Requests for Proposals (RFPs). RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. Plan and optimize our inventory .

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile.

Saving Supply Chain Planners from Chaotic Spreadsheets

Solvoyo

Are you using spreadsheets as a supply chain planning tool to collect and manage your data and perform analysis? It turns out “insiders joke about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets” according to Requis. .

It is about time that we leveraged supply chain analytics

Solvoyo

Are you using spreadsheets as a supply chain planning tool to collect and manage your data and perform analysis? It turns out “insiders joke about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets” according to Requis.

Supply Chain Predictions 2020: Uncertainty Demands Resilience

ToolsGroup

It’s been an interesting decade for supply chain: just when you think things can’t get any crazier, a new extreme weather event, political drama or tech start-up pops up, disrupting entire industries. Global supply chains are particularly vulnerable to the changes triggered by these events, including increased regulation, new tariffs and radical shifts in demand patterns. . Algorithmic supply chain planning will go mainstream.

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