Top 3 Supply Chain Planning Buzzwords

Kinaxis

When it comes to supply chains, certain words seem to be bandied about like the ball at a championship tennis match. Back and forth, over and over, these supply chain buzzwords seem to have an endless lifespan. But are they just creative marketing spin (after all, developing them is kind of part of the job), or is what they stand for actually making a difference in your supply chain planning?

The rise of IoT in supply chain planning

Kinaxis

With the number of connected devices estimated to surpass six billion next year and more than 20 billion by 2020, the steady stream of data these devices are providing can easily crowd and clog your supply chain planning processes if you’re not prepared. Gartner Research Director Andrew Downard addressed the issue during his presentation at the Gartner Supply Chain Executive Conference by outlining three macro trends affecting supply chain planning , chief among them IoT.

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Supply Chain Planning with Microsoft Dynamics AX

ToolsGroup

But growth poses supply chain planning (SCP) challenges. This invariably leads to manual interventions and firefighting, as you struggle to manage demand volatility and improve forecast accuracy while dealing with the limitations of a basic supply chain system. For more on this topic, see When SMBs Hit the Inventory Planning Complexity Wall ). Click below for a list top 10 of symptoms that you outgrowing your supply chain planning software.

How Supply Chain Planning Can Create Profit in a Declining Market

ToolsGroup

Trends and other market forces that impact commercial opportunities need to appear on the planning radar. Therefore, traditional push-driven supply chains are wholly unfit for this situation. 1] Mohawk sought to profit from the resurgent demand for ‘ analog experiences ’ by owning the fine paper space and transforming its extended supply chain. The second phase involved Mohawk extending their new supply chain improvements out to its distribution network.

Supply chain planning – it’s time to get personal

Kinaxis

Supply planning – to profitably align supply with demand. When I was planning supply, it wasn’t unusual to have a dinner interrupted, a weekend cut short or a vacation disturbed. It wasn’t a surprise when a supplier shipped late, a machine was suddenly overloaded or a demand planner informed you that you were working off the wrong demand plan. This meant it took too long for supply planners to understand the impact of demand changes.

Supply chain planning in the digital age

Kinaxis

by Melissa Clow Recently, Madhav Durbha, Vice President of Industry Strategy at Kinaxis was interviewed by SupplyChainBrain on supply chain planning in the digital age. I wanted to share their fascinating conversation with our readers – check out the video interview and transcript below: Supply chain planning in the digital age. How are supply chains becoming more complex? Then you do capacity planning, so on and so forth.

What Will a Supply Chain Planning Job Look Like in the Future?

ToolsGroup

We have tackled the question of automation before, but his time I want to focus specifically on what automation will mean to the job of the supply chain planner. And I see several patterns emerging on the changing role of the supply chain planner. Here are my five predictions: Planning will become more efficient. no-touch, computer-controlled planning and replenishment—planners have to intervene in only three out of every 1000 planning decisions.

How the Supply Chain Planning System Stole Christmas

Kinaxis

These dolls were manufactured in Asia and typically shipped by boat. While this was a cost effective shipping method, the entire supply chain planning system wasn’t fast and took four to six weeks for the dolls to arrive on the West Coast. As you can imagine, Wendy had a bitterly disappointing Christmas morning like so many other kids, all because of the flaws in the supply chain planning system for the toy.

Supply Chain Data Management: Making Data Make Sense for Supply Chain Planning

Logility

Managing the data required for supply chain planning is a bit like raking leaves. The amount of available structured and unstructured supply chain data continues to grow at an exponential rate. Improve tactical and strategic planning and decision making.

Winning strategies to defeat supply chain planning complexity

DELMIA Quintiq

You’ve just been analyzing your supply chain’s performance over the last 2 quarters. You need immediate insights – from people who’ve experienced the same problems in their supply chain planning. With the supply chain planner’s playbook , you’ll have in your possession a trusted guide that combines the expertise of supply chain professionals and industry leaders. Flawed inventory data leads to plans that are of little practical use.

Machine Learning in Supply Chain Planning

Logility

The evolution to using artificial intelligence and machines that learn in supply chain planning is inevitable. In fact, there are early examples of the potential of AI to improve both supply chain planner efficiencies and provide better or optimized supply chain decisions. Still typing “Machine Learning AND Supply Chain Planning” into Google delivers more 16,000 results in less than half a second. Are we ready?

You Don’t Have a Supply Chain Planning System Roadmap?

Logility

Does your team face the challenge of having too many options in the supply chain planning space? With a plethora of solutions available today and the desire to move away from homegrown solutions and spreadsheets (see Are Spreadsheets Sabotaging Your Supply Chain ), some more capable than others, you may feel a bit like a kid in a candy store. And if you already have some supply chain systems in place, how can you know if they are the best mix for your business?

You Don’t Have a Supply Chain Planning System Roadmap?

Logility

Does your team face the challenge of having too many options in the supply chain planning space? With a plethora of solutions available today and the desire to move away from homegrown solutions and spreadsheets (see Are Spreadsheets Sabotaging Your Supply Chain ), some more capable than others, you may feel a bit like a kid in a candy store. And if you already have some supply chain systems in place, how can you know if they are the best mix for your business?

All I Want in My Easter Basket is a Supply Chain Planning System of Record

Logility

Supply chain professionals are asked on a daily basis for what can seem like miracles: improve customer service and reduce costs, do more with less. Specifically, what does your supply chain team use to manage supply chain planning? In many cases you will discover that processes like demand, inventory, replenishment, and manufacturing planning are limited by a lack of software capability.

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. .

A Real-Life Supply Chain Planning Lesson Unfolds at Restoration Hardware

Demand Solutions

According to a recent Wall Street Journal article , the upscale furniture retailer is struggling to stock and ship many of the pieces in this new line. The article cites the examples of a desk that won’t ship until October and a lamp that won’t ship until June.

3 Step Beginner Guide to Supply Chain Planning

AFFLINK

There’s a seemingly endless supply of information out there on supply chain planning, but a lot of it seems to assume you’re already an expert. If you need a crash course in Supply Chain Planning 101, we’ve got you covered. Supply chain management is a big topic. Strategic Planning. Strategic planning involves big-picture, long-term decisions. What will your priorities be throughout your supply chain?

Calculating the Projected ROI on your Supply Chain Planning Project

Arkieva

So you have been working with your team and possibly a few external vendors in order to get some improvements done in your supply chain planning. Perhaps, this has to do with buying a software or maybe it has to do with process improvements within your supply chain planning process. Supply Chain Planning projects need a good ROI calculation because, in many cases, management (still!)

A Real-Life Supply Chain Planning Lesson Unfolds at Restoration Hardware

Demand Solutions

According to a recent Wall Street Journal article , the upscale furniture retailer is struggling to stock and ship many of the pieces in this new line. The article cites the examples of a desk that won’t ship until October and a lamp that won’t ship until June. You guessed it: poor supply chain planning. The Anatomy of a Supply Chain Planning Disaster. Anyone Still Think Supply Chain Planning Doesn’t Matter?

How Can I Drive Lights-Out Planning?

Supply Chain Shaman

Company dissatisfaction with supply chain planning is growing. Yesterday, I facilitated a group of business leaders attempting to drive innovation in supply chain practices. The team is waking up to realize SAP APO for supply chain planning is being sunsetted. The supply chain market is in flux to a greater degree than in the past decade. State of Supply Chain Planning Solutions. Inquiry is increasing.

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3 Step Beginner Guide to Supply Chain Planning

AFFLINK

There’s a seemingly endless supply of information out there on supply chain planning, but a lot of it seems to assume you’re already an expert. If you need a crash course in Supply Chain Planning 101, we’ve got you covered. Supply chain management is a big topic. Strategic Planning. Strategic planning involves big-picture, long-term decisions. What will your priorities be throughout your supply chain?

A Different Solution to the Supply Chain Talent Shortage

ToolsGroup

“78% of respondents to Gartner’s most recent Chief Supply Chain Officer Survey identify talent as the No. 1 long-term supply chain risk”. There is a lot of documented evidence of a shortage in supply chain talent. John Kern, senior vice president of supply chain operations at Cisco Systems says that as companies look for the skills to build complex global supply chains, the industry “is undergoing one of the most massive talent shifts we have ever seen,”.

What Is Demand Sensing and How Do You Get Started?

ToolsGroup

“Good old supply chain. said no VP of supply chain ever. . Win time” with earlier demand insights so you can better input supply signals. Expanding visibility of the distribution network reduces demand latency and drives better supply through the network.

Part 3 – A New Supply Chain Planning Paradigm for the Digital Value Network?

Supply Chain Action Blog

For example, redesigned, retail supply chains, enabled with analytics and augmented reality ( AR ), are not only meeting, but raising consumer expectations. This kind of value network strategy goes beyond determining where to put a warehouse and to which stores it should ship.

Part 3 – A New Supply Chain Planning Paradigm for the Digital Value Network?

Supply Chain Action Blog

For example, redesigned, retail supply chains, enabled with analytics and augmented reality ( AR ), are not only meeting, but raising consumer expectations. This kind of value network strategy goes beyond determining where to put a warehouse and to which stores it should ship.

Business Intelligence vs. Inventory Optimization: Are You Solving Symptoms Instead of the Real Problem?

ToolsGroup

Consistency of results removes the human emotion from the inventory chain. Blog Featured inventory optimization machine learning supply chain planning

Merchants Market Group Implements Blue Ridge Supply Chain Planning Technology

Blue Ridge

Blue Ridge , a global leader in cloud demand forecasting , planning, replenishment, allocation and analytics, today announced Merchants Market Group will implement Blue Ridge Supply Chain Planning. Holistic technology for forecasting and advanced order projection capabilities will allow us to profitably execute supply chain operations by achieving our service goals with the most cost-effective inventory investment possible.

What Makes a Mature Planning Organization? (Part 2)

Supply Chain Shaman

Yesterday, I finished a post on supply chain planning maturity. A client had asked me, “How do I know if we have a mature supply chain planning organization?” ” As we talked, and I drew the table, the first question was followed by, “How do I help my executive team understand the importance of planning and their role in the process?” ” Planning leadership is a problem for most organizations.

Customer-Centric Supply Chain Planning: The Difference is in the Details

Arkieva

Similarly, when it comes to customer-centric supply chain planning, technology advancement has led to a heightened customer expectation. Therefore, a true customer-centric supply chain initiative will need to go beyond the norm. Customer-centricity requires a continuous improvement plan that is centered around your customers and customer data segmentation. What is a Customer-Centric Supply Chain? The Arkieva Supply Chain.

Lolli & Pops Implements RELEX’s Supply Chain Planning Solution to Sweeten Their Inventory Planning

RELEX Solutions

Since its founding in 2012, Lolli & Pops has expanded its retail presence and now operates over 58 stores across the US with plans to expand that number by the end of 2018. Lolli & Pops went in search of a solution and selected RELEX’s supply chain planning solution.

Defeat supply chain complexity like a Jedi

DELMIA Quintiq

Overwhelmed by the dark forces of supply chain planning? The best supply chain planners share a common trait with Jedi knights: No matter how tough things get, they never give up. So how do they overcome a supply chain’s darkest force: complexity? Here’s what they don’t do: Assign different parts of their planning challenge to different departments. Plan for all possible outcomes. Master the art of scenario planning.

The customer is king. Can you give him what he wants – before he wants it?

DELMIA Quintiq

In shipping, receivers can change a parcel’s destination and delivery time until the last minute. And the right solution will work best with the right mindset: supply chain management must be customer-centric. Companies know that the customer is king. So, what does a king want?

Why Quintiq employees are donating their time to the World Food Programme

DELMIA Quintiq

And of course, there’s WFP’s supply chain puzzle, which speaks directly to Quintiq’s passion for solving puzzles. When the logistics people over at WFP told us about their supply chain, in all its scale and complexity, I knew our partnership was meant to be. On any given day, WFP operates an average of 70 aircraft, 20 ships and 5,000 trucks. No doubt WFP is a great organization doing important work, with a supply chain puzzle Quintiq is uniquely suited to solve.

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Why You Should Embrace Uncertainty in Demand Forecasting

ToolsGroup

As such, we tend to put all our planning effort into making better predictions. This explains also why supply chain planners struggle to improve their forecasts and end up hitting a ceiling. Uncertainty prevails in supply chain – much more so than in football. The increase of demand volatility in today’s markets explains why supply chain leaders tend to believe that their primary supply chain problem is forecast accuracy.

Story of Harry Planner

Adexa

Based on a true story adopted for illustration of how digitalization can help to minimize the impact of current situation or any supply chain disruption… Harry was a planner at a $550M company making motor parts and shipping them all over the world.