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 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.

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.

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.

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.

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. In addition, it’s difficult to manage data for a fast-paced, global supply chain, especially considering that 75% of supply chain data originates outside the ERP system. Improve tactical and strategic planning and decision making.

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. .

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?

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,”.

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.

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.

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 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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Redesign to Improve Value: A Case Study of a Supply Chain Leader

Supply Chain Shaman

This week, I will speak at Llamasoft’s conference on improving supply chain network design. One of the reports that I am writing is on the state of Supply Chain Planning (SCP). In the recent study of the Voice of the Supply Chain Leader , we find that the gaps are large, and growing. As shown in Figure 1, the gaps with the major categories of supply chain planning are great. Most companies inherit supply chains.

Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

Time For A Supply Chain Check-Up? When a company contacts me to help them with their supply chain, the pain is usually a gap in customer service. They tend to have many pretty PowerPoint slide decks–full of acronyms, pretty pictures and E2E commitments–but they lack a common definition of supply chain excellence. To complete a supply chain diagnostic, I take these four steps: Step One. Supply chains are not the same.

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 you prepare your supply chain for disruptions?

DELMIA Quintiq

Companies using West Coast ports had to spend additional millions to cover extra inventory costs and shipping delays. Labor disputes, bad weather, and IT outages are just some examples of disruptions that could affect an otherwise well-designed supply chain. What you need is a supply chain that is designed to be resilient in the face of disruptions. But what makes a supply chain resilient? Contingency plans. Optimized plans.

Gartner Asks: Are You (and your Supply Chain) Bimodal?

ToolsGroup

Taking a bimodal approach to supply chains was the pervasive theme at this year’s Gartner North American Supply Chain Executive Conference. Mode 1 - Focus on the efficiency of the chain. Mode 2 – Focus on the supply chain’s ability to react quickly to changing demand and strategy. Analytics, she said, are their weapons – a “must have” for all supply chains. Forecasting Demand and Analytics Supply Chain Planning

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.

Two Kinds of Supply Chain Risk and How to Prepare for Them

ToolsGroup

When most people think of supply chain risk, they often think about the impact of major unforeseen “headline grabbing” events - like the tsunami in Japan impacting automotive supply chains or horse meat making its way into British beef supplies. But there is another kind of supply chain risk that isn’t as newsworthy and yet can also be important to the company. That was when I really knew we truly had a ‘worry-free’ supply chain.”

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?

Supply Chain Leaders Prepare For The Long Haul. Caution: It Will Be Gray.

Supply Chain Shaman

Supply chains were ill-prepared for the pandemic. The design of the global supply chain at the start of the pandemic assumed frictionless borders, availability of transportation resources, and supply with few constraints. Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new. The new normal pattern appeared in months, and the supply chain adjusted.

5 Steps to Supply Chain Orchestration Success

OneSCM

Supply chain orchestration functions much the same way, with business systems from all trading partners and all transactions connected and working efficiently to create a seamless business. Receivers know when items have shipped and what size shipment to expect and when. The optimum supply chain orchestration systems encourage collaboration with suppliers of varying volume, technology and integration levels. Automation Supply Chain Efficiency

Covid-19 is Testing the Agility of Your Supply Chain!

Adexa

Covid 19 has been tough on supply chains. For example, some have reduced their size of packaging for easier and faster shipping. To be able to make fast and timely product mix changes, requires the ability to test the supply chain to ensure availability of the row material and parts as well as capacity and supplier responsiveness. To do this quickly, one needs to have a Digital Mirror© of the supply chain.

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.

Reassessing Supply Chains in Today’s Environment

Oracle SCM

The key supply chain lesson of COVID-19 is that when market conditions change fast, being prepared matters more than ever, leveraging systems that support visibility, rapid decision-making, and flexible response. The general public had some idea that our world was highly interconnected, but this crisis intensely magnified that fact, bringing home just how deeply complex global supply chains support all aspects of our business and personal lives.

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. Consider a few retail examples: Zara leverages advanced analytics, not only to sense trends, but also to optimize pricing and operations in their vertically integrated supply chain.

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