How Disruptions like Coronavirus Test The Resilience Of Supply Chain Planning

AIMMS

The virus continues to compromise supply chains and disrupt companies at a troubling rate, but a re businesses prepared from a supply chain planning perspective? . The era of globalization has enabled supply chains to be broader and more connected. As a result , the resilienc e of supply chain plan ning is being called into question. The resilienc e of supply chain plan ning is being called into question.

Which supply chain planning processes should we automate?

ToolsGroup

Now that more companies are embracing supply chain planning productivity and automation, many firms are asking which processes they should automate. Gartner says that the attitude towards supply chain planning productivity and automation has changed dramatically. These are areas, they say, that can be run quite autonomously , sometimes known as “low touch planning” or “ algorithmic planning.”. Conscious supply chain planning at the top.

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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.

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.

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.

What’s Wrong with Aftermarket Parts Supply Chain Planning?

ToolsGroup

What’s wrong with aftermarket supply chain planning really has nothing to do with planning, but with management expectations. New technologies have enabled far better approaches to planning aftermarket and service parts and far better results. Let’s start with one striking example of a company that is “knocking it out of the park” with their aftermarket parts supply chain planning – Lennox Residential Systems.

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

Kinaxis

As you can probably guess, this is the last step in reaching Stage Five for your Supply Chain Planning System of Record (SCP SOR). Data scientists are the new generation of supply chain planners. Supply chain is a risky business! Risk management is being seen as a strategic imperative in supply chain. Events like natural disasters, world economic issues, regulatory changes, demand volatility all wreak havoc on your supply chain.

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.

Study 131

Supply Chain Planning- The Manufacturer’s Guide for Accurate Planning and Forecasting

ThroughPut

What is supply chain planning? A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Supply management.

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.

How to develop a competitive advantage through supply chain planning

6 River Systems

According to the market research firm, Gartner , “Supply chain planning (SCP) is the forward-looking process of coordinating assets to optimize the delivery of goods, services and information from supplier to customer, balancing supply and demand.” Efficient supply chain planning achieves three goals: lowering production costs, increasing sales and bolstering supplier relationships. In a warehouse, for example, labor costs may be on the rise.

Supply Chain Planning- The Manufacturer’s Guide for Accurate Planning and Forecasting

ThroughPut

What is supply chain planning? A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Supply chain planning is the process of accurately planning the journey of a material or a product right from the raw material stage to the final consumer. The process involved in supply chain planning.

Integrated Supply Chain Planning – 4 Opportunities and 2 Quick Wins

Enchange Supply Chain Consultancy

In my previous blog on the subject ( Integrated Supply Chain Planning – The Number 1 Opportunity ), I outlined how producers (manufacturers) can achieve very significant improvements in the financial performance of their supply chains by a process of integration between the primary and secondary supply chains. the producer undertakes its own distribution), the long term solution is to establish internal direct data interfaces with key warehouses.

Integrated Supply Chain Planning – The Number 1 Opportunity

Enchange Supply Chain Consultancy

Enchange has been working with many FMCG and Pharmaceuticals multinationals for years on projects to improve their primary supply chains. For the sake of clarity, by “primary supply chain” we mean all processes (e.g. planning, sourcing, manufacturing, etc.) up to the point that finished goods are in the producers’ warehouse before the stock is sold to customers. Some people also refer to the latter as the secondary supply chain.

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. Making sure you devote adequate time to supply chain planning ensures you aren't left scrambling when the busy season arrives.

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. .

Robots in the Building: The Positive Influence of AI for Supply Chain Planners

ToolsGroup

Have you looked at a job listing for a supply chain planner recently? According to Harvard Business Review , “B y collaborating in roles such as supply chain planning and inventory management, the combined power of humans and machines will create new sources of value for businesses.”. Supply Chain Planning: An Ideal Match for AI. One particular flavor of AI, machine learning, has the potential to dramatically improve planning outcomes.

Does Your Warehouse Need Voice?

Supply Chain Shaman

A warehouse is not a warehouse and a supply chain is not a supply chain. One of these options is voice-directed warehousing. Voice-directed warehousing, where a warehouse worker is directed to perform tasks based on voice automation using a headset, is now over twenty years old. Today’s warehouses are more complex than ten years ago. cold chain, frozen), and warehouse employee turnover is greater than ever before.

3 Steps for Making Digital Transformation Happen in Supply Chain Planning

Solvoyo

In the Supply Chain Planning context, these include decisions about which products to keep in stock, where to keep them, when to replenish them, how to improve service levels for customers, how to liquidate excess stock in the most profitable way, how to respond to changes in customer demand in the most agile way, and etc. Bringing Agility into Supply Chain Management. This goes for Supply Chain Management and the surrounding IT infrastructure as well.

McDonald’s Mesoamérica Supply Chain Response to COVID-19

ToolsGroup

Businesses around the world are learning to adapt as best they can to the COVID-19 supply chain impact. Unpredictable consumer behavior in response to macro events creates demand volatility in every link of global supply chains.

Get Started Using Machine Learning for New Product Forecasting

ToolsGroup

It’s not uncommon for us to see planning teams come to us because their executive leadership has issued an edict to implement machine learning–without fully understanding this powerful technology. Market: sometimes global, but preferred to have visibility at warehouse/location level (or more). If you take the time to plan your project well and apply the technology correctly, machine learning can be an invaluable tool to solve business problems and deliver real value.

Responding to Supply Chain Disruption Amid COVID-19

AIMMS

It’s taking a profound humanitarian and economic toll , impacting supply cha ins in many ways. Our team put several resources together to help supply chain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart. Study 4: Create Multiple Plans for Resource Utilization .

3 Tips to Win the Last-Mile Delivery Planning Battle in Disruptive Times

DELMIA Quintiq

This spike in home deliveries disrupts supply chains and increases planning complexity for retailers and express companies. Determine the right planning solution. Choose software that integrates multiple systems and optimizes planning.

Optimization and Execution: How Manufacturing can lead the Industry Renaissance

DELMIA Quintiq

In addition to adapting strategic operations, manufacturing companies also require a tactical ability to plan and execute flawlessly at the facility level. Only purpose-built solutions deliver realistic plans that can meet customer orders while managing the variability of supply and demand. Manufacturing Operations Management (MOM) and Planning & Optimization are both critical parts of the optimal solution.

Four Things You Probably Didn’t Know About Inventory Planning and Sustainability

ToolsGroup

You can’t scan the headlines without coming across an article or advertisement about sustainability, but there is precious little information about how supply chain planning software supports green initiatives. Smart inventory planning cranks up manufacturing efficiency.

A Critical Insight to Successful Supply Chain Planning

Arkieva

A Critical Insight to Successful Supply Chain Planning from IBM and Intel Understanding Levels and Components in the Demand Supply Network. His best work was still to come with LMS ( Ed Feigenbaum’s Rise of the Expert Company ) and CPE ( IBM Engineers Advanced Supply Chain Management Solution for Analog Devices Inc. ). Tier 1: Strategic Planning. Tier 2: Tactical Planning. Capacity planning is a good example. S&OP Supply Plannin

Robots in the Building: The Positive Influence of AI for Supply Chain Planners

ToolsGroup

Have you looked at a job listing for a supply chain planner recently? According to Harvard Business Review , “B y collaborating in roles such as supply chain planning and inventory management, the combined power of humans and machines will create new sources of value for businesses.”. Supply Chain Planning: An Ideal Match for AI. One particular flavor of AI, machine learning, has the potential to dramatically improve planning outcomes.

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.

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? When working with spreadsheets, planners usually focus on their part of the supply chain. How to transform into next-generation supply chain planning?

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? When working with spreadsheets, planners usually focus on their part of the supply chain. How to transform into next-generation supply chain planning?

Resilient Supply Chains: Are We Poised for the Next Era in Planning?

ToolsGroup

Supply chain planning concepts have been around for nearly half a century, but now many converging factors and technologies are ushering in a new era for this mature supply chain solution. We believe Gartner’s report, “Mastering Uncertainty: The Rise of Resilient Supply Chain Planning”1 takes a challenging stance by imploring supply chain leaders to adapt their planning strategies to better navigate today’s unpredictable markets.

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.

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.

The Benefits of Adopting RFID in Supply Chain Planning

RELEX Solutions

Though possible for use on cages or totes in a warehouse, the reading technology was also not particularly advanced, and the Faraday’s Cage effect of racking meant accurately tracking tags was difficult. There are a number of important areas in retail between security, asset management and supply chain: Real-time tracking of inventory in the warehouse, in transit and in-store. Andrew Blatherwick is one of the UK supply chain scene’s most experienced leaders.