The Smart Software

AUGUST 4, 2020

If you are a new professional in the field of inventory management, you face a very steep learning curve. There are many moving parts in the system you manage, and much of the movement is random. You may find it helpful to take a step back from the day-to-day flow to think about what it takes to be successful. Here are six suggestions that you may find useful; they are distilled from working over thirty five years with some very smart practitioners.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

American Global Logistics

AUGUST 4, 2020

Supply chain complexity and uncertainty are here to stay. To put this another way, supply chain risks are on the rise. And they show no signs of abating. Supply chain disruption abounds. You have increasing conflict, changing customer requirements, increasing regulation, trade wars, and Black Swan events, to name a few. With increased risks come […].

Supply Chain Risk Management 40

Supply Chain Risk Management Risk Management Supply Chain Supply Chain Disruption 40

Gravity Supply Chain

AUGUST 6, 2020

Supply chain and rugby managers require complex communication and collaboration strategies using real time data and insights for competitive advantage. Leave a Reply [contact-form-7].

Supply Chain Strategy 52

Supply Chain Strategy Strategy Price Mitigation Strategies Supply Chain 52

Arkieva

AUGUST 5, 2020

In the simple version of supply chain management (SCM) the goal for demand forecasting in the tactical decision tier is prediction accuracy. In the wiser version, the purpose is expanded to include an understanding of your demand (demand profiling). Machine Learning and AI: Profiling Demand History – A Wiser Forecasting was first posted on August 5, 2020 at 8:11 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

Forecasting 141

Forecasting Forecasting Software Supply and Demand Modeling 141

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Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

Predictive Analytics

AIMMS

AUGUST 3, 2020

Sales and Operations Planning has become the preferred method to facilitate clear and formal communication between the demand and supply sides of a business. However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning , Supply Chain Research Team, 4 May 2020).

Scenario Planning 398

Scenario Planning S&OP Modeling Supply and Demand 398

Logistics Viewpoints

AUGUST 5, 2020

In April I discussed the widespread impact of the Covid-19 pandemic on supply chain and fulfillment, and provided a WMS market update in which I predicted a market downturn in 2020 to be followed by a rebound in 2021. During the process of developing my WMS market forecast, I made assumptions for each quarter of 2020. And indeed, I took into consideration the macroeconomic forecasts for an abysmal Q2 2020.

Warehousing 297

Warehousing Forecasting Logistics Forecasting Software 297

Supply Chain Brief Submitted Articles

AUGUST 4, 2020

The onset of the COVID-19 unveiled grave dissonances in the supply chain of major grocery and retail stores that resulted in a loss of revenue.

Supply Chain 237

Supply Chain Supply and Demand Retail 237

AIMMS

AUGUST 3, 2020

Sales and Operations Planning has become the preferred method to facilitate clear and formal communication between the demand and supply sides of a business. However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning, Supply Chain Research Team, 4 May 2020).

Scenario Planning 156

Scenario Planning S&OP Modeling Supply and Demand 156

GlobalTranz

AUGUST 4, 2020

Supply chain leaders have faced significant challenges in the past, and in 2020, the supply chain coronavirus crisis has put a spotlight on the need for supply chain resilience and integration. Among these, integrated reverse logistics strategies can make or break successful operations. Failure to consider the ways in which the disruption affects all parts.read More.

Reverse Logistics 230

Reverse Logistics Logistics Network Optimization Software Supply Chain Strategy Supply Chain Software 230

Advertiser: GEP

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

Optimal Sourcing

Logistics Viewpoints

AUGUST 4, 2020

There was a time when Mumbai’s dabbawalas (lunchbox carriers) were known for their efficient supply chain and logistics. But the COVID-19 incursion changed the lives and livelihoods of Mumbai’s dabbawalas. Their lives can neatly be compartmentalized into BC and AC – before COVID-19 and after COVID-19. Scenario Before COVID-19 Mumbai’s dabbawala service was legendary for its reliability.

Scenario Planning 279

Scenario Planning Supply Chain Logistics Network Optimization Software Food 279

ToolsGroup

AUGUST 3, 2020

It’s notoriously difficult to optimize inventory for aftermarket parts. You need to maintain high service levels, but sporadic demand and an infinite number of SKUs frequently lead to waste, excess cost and product obsolescence. Probability forecasting offers a more accurate way of predicting customer behavior and staying prepared, especially for items with long-tail demand.

Inventory Reduction 156

Inventory Reduction Waste Reduction Optimization Software Supply Chain Optimization 156

Enterra Insights

AUGUST 3, 2020

Prior to the novel coronavirus pandemic, supply chain professionals labored in near-anonymity. When the outbreak hit the world like a wrecking ball, supply chain operations became front page news. Professionals who once labored in obscurity suddenly received a lot of attention. The pandemic taught supply chain professionals a lot about the resiliency of their supply chains.

Modeling 169

Modeling Supply Chain Planning Software Supply Chain Design Software Scenario Planning 169

GlobalTranz

AUGUST 7, 2020

The current year has been anything but ordinary. Supply chains are trying to fulfill more e-commerce orders, and out-of-stock SKUs have become almost expected. Meanwhile, the massive surge in demand continues to push forward another aspect of logistics—reverse logistics. Reverse logistics costs further contribute to higher total cost of ownership within the supply chain and.read More.

Reverse Logistics 207

Reverse Logistics Logistics Network Optimization Software Demand Planning Software Logistics 207

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

Manufacturing

Logistics Viewpoints

AUGUST 3, 2020

Being a socially responsible company can create a strong brand, a committed workforce, and loyal customers. It comes at a cost. The products will generally be more expensive, limiting sales. Progressive companies are often small, requiring them to use less-than-truckload. Less-than-truckload has adverse service and environmental impacts. In short, fair trade and environmental initiatives lead to socially responsible manufacturers having more complex supply chains.

Manufacturing 192

Manufacturing Logistics Network Optimization Software Supply Chain Logistics 192

ivalua

AUGUST 5, 2020

What is Invoice to Pay? Invoice to Pay is a request for payment by a supplier, and technology helps to make this simple, fast and more efficient for the Supplier and the Accounts Payable team. Invoice to Pay sits at the end of a Procurement process that starts with a need, moves through selecting and contracting with a supplier and ends with delivery of goods or services. .

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Supply Chain Software Supply Chain Network Software 130

PINC

AUGUST 3, 2020

McKinsey & Co., and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. Supply chain complexity is increasing as customers demand a wider selection of products, a broader choice of channels, and more promotional offers. With expectations of higher on-shelf availability and lower inventory costs, the pressure on delivery performance has intensified—as has the need for manufacturers, retailers, and ca

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

GlobalTranz

AUGUST 6, 2020

[link] The growth of omnichannel is subject to hype and fact. Some supply chain leaders and experts argue omnichannel is the improper term to describe the state of warehouse transformation today. Others voice concern over how warehouse transformation could increase costs when not adequately managed. Supply chain leaders need to understand why an omnichannel warehouse.read More.

Omnichannel 177

Omnichannel Video Warehousing Freight 177

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

Logistics Network Optimization Software

Logistics Viewpoints

AUGUST 6, 2020

I’ve written previously about how I founded FourKites in 2014 to help shed light on the vast blind spots that exist throughout our complex and interconnected global supply chains. Our focus for the first several years was to build a state-of-the-art platform that would give the world’s biggest shippers, and their carrier and broker partners, real-time data about the location of their freight when it’s in transit.

Real-time Visibility 182

Real-time Visibility Supply Chain Software Supply Chain Optimization Supply Chain 182

Kuebix

AUGUST 4, 2020

Between companies regularly distributing, manufacturing or using construction products, the construction industry experiences a steady flow of business. One thing all construction companies can agree on is the importance of operating efficiently in order to meet project deadlines. There are a number of barriers between smooth logistics operations and successful project completion for the construction […].

Supply Chain Software 129

Supply Chain Software Logistics Network Optimization Software Industrial Industry 129

Supply Chain Game Changer

AUGUST 4, 2020

Coronavirus Exposes Global Supply Chain Fragility! The Coronavirus pandemic continues to wreak havoc throughout the world. In some places the pandemic has been controlled and life is getting back to a new normal. Yet in many other cases the pandemic is spreading aggressively and even realizing a devastating resurgence, particularly in the United States.

Video 128

Video Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 128

Adexa

AUGUST 3, 2020

According to a recent article by Gartner: “priority should be given to evolving the digital supply chain twin — can’t do anything E2E without this foundational capability.” Furthermore, they say that: “Before you can do the prediction and prescription (which together equals decision making) … you need to create a model of the supply chain upon which you can predict and prescribe.”.

Modeling 105

Modeling Optimization Modeling Modeling Software Gartner 105

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

Report

IT Supply Chain

AUGUST 5, 2020

By Tim Callan (pictured). Senior Fellow at Sectigo. The post Quantum entanglement and the search for quantum-resilient encryption appeared first on IT Supply Chain.

Supply Chain 104

Supply Chain Supply and Demand Industrial Industry 104

Freight Plus

AUGUST 7, 2020

In this episode, I will chat with. Dr. Ednilson Bernardes. Dr. Bernardes is a professor and coordinator of the Global Supply Chain Management program at West Virginia University. He is an expert in process transformation and supply networks innovation. And He is also one of the authors of the recently released book, Digital Supply Networks. Traditionally, supply chains have been conceived and managed as a discrete sequence of activities, from design, plan, and source to make, deliver, and return

Supply Chain Network Software 98

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software West Virginia 98

BR Williams Supply Chain Management

AUGUST 6, 2020

Intermodal freight shipping has been around for decades, but it is growing in popularity due to its many benefits. Integrating intermodal shipping into your supply chain can bring significant cost-savings, increased levels of security, improved safety, and make shipments flexible. Curious as to why businesses are transitioning to intermodal shipping?

Negotiating Skills 98

Negotiating Skills Shipping Cost Reduction Strategies Price Reduction 98

Supply Chain Game Changer

AUGUST 5, 2020

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Anatomy of the Perfect Unboxing Experience! (Infographic). Shipping Damage article and permission to publish here provided by excelsior.ph. Shipping damage can cost any business owner a significant loss in annual gross sales. Although it can be prevented, damages on shipping can happen more often and might bring a series of detrimental effects for both the buyer and the seller.

Shipping 98

Shipping How To Eliminating Excel in Purchasing Packaging 98

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Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

Analytics

River Logic

AUGUST 5, 2020

Supply Chain Optimization 180

Supply Chain Optimization Supply Chain Modeling Supply and Demand 180

SCJunction

AUGUST 6, 2020

A (supply) chain is only as strong as its weakest link. Don’t let it be your d a ta. Among the steps you are proactively taking to prepare for your WMS implementation , master data is one that cannot be ignored.

Data 96

Data Supply Chain Supply and Demand 96

CHAINalytics

AUGUST 4, 2020

It almost goes without saying: A lot has changed as a result of COVID-19. But what about freight transportation rates? How has the global pandemic impacted the trucking market? And what can shippers expect for the rest of 2020? Earlier this year, I jumped into the fray with my thoughts and opinions on the driving … The post How COVID-19 Has Affected U.S.

Freight 81

Freight Transportation Global Sourcing 81