Supply Chain Shaman

JUNE 14, 2014

In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012. However, no company in this chart is on a linear path towards improving both margin and inventory turns. What can we learn?

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 286

Kinaxis

AUGUST 18, 2014

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. Philip Evans shares how today’s consumer is sharing a colossal amount of data to come to a buying decision.

Modeling 263

Modeling Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 263

Supply Chain Shaman

JUNE 6, 2013

More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies. The executive focus should be on the output of strategic planning into the tactical process of S&OP.

Supply Chain Planning Software 280

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 280

Supply Chain Shaman

NOVEMBER 21, 2024

The big data architectures are often present in the current “AI offerings.” The use of python and big-data architectures enables the ingestion of unstructured and streaming data that can move the model from inside-out (using enterprise data) to outside-in (use of market data).

Supply Chain Planning Software 294

Supply Chain Planning Software Modeling Software Modeling Supply Chain Network Software 294

Supply Chain Shaman

APRIL 1, 2015

In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. In the research for my inventory optimization report, the lowest level of satisfaction with multi-tier inventory optimization is with clients of the SAP inventory solution (previously purchased from SmartOps).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

Supply Chain Shaman

DECEMBER 10, 2014

If you ask companies if they would like better inventory and global supply chain visibility, you will get an overwhelming answer of, “Yes!” Big data supply chains Market-Driven New technologies Supply Chain Supply Chain Insights Community Supply sensing b2b networks market driven process networks Supply chain excellence'

Supply Chain Network Software 280

Supply Chain Network Software Pharmaceutical Supply Chain Software Supply and Demand 280

Enterra Insights

JUNE 22, 2022

The irony of excess inventory. Reporters from Bloomberg explain, “A nationwide inventory glut has led to unexpected bargains for U.S. Excess inventory was also caused by the Bullwhip Effect. ” Optimizing inventory. trillion because of mismanaged inventory.”[7]

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

Supply Chain Opz

DECEMBER 1, 2014

By reducing lead times due to shorter delivery routes, inventory and waste in the system can be reduced without sacrificing service levels. Data analytics or “Big Data” also bears huge potential for increasing supply chain efficiencies. With the omnipresence of data, this path is now open to other industries as well.

Sourcing Strategies 245

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Supply Chain 245

Logility

FEBRUARY 23, 2021

In addition, they wanted to incorporate the inventories from their parts suppliers and their geographic locations so they could minimize empty return-trip trucks and duplicate runs, as well as minimize the inventory that they had to keep on hand in their distribution centers while knowing which suppliers had what parts in stock.

Inventory Reduction 134

Inventory Reduction Inventory Logility Logistics Network Optimization Software 134

Supply Chain Shaman

DECEMBER 6, 2013

Align incentives to focus jointly, and across the organization, on revenue, margin, inventory turns, and customer service improvement. Big data supply chains Market-Driven' I find it sad that after four decades of working with EDI we are where only 1/3 of orders can move hands-free in our systems. Please let me know.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Modeling Software 293

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Instead, I would look at network flows, the form and function of inventory, cost-to-serve analysis, and the determination of the supplier network.

Supply Chain Design Software 287

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 287

Logistics Viewpoints

FEBRUARY 8, 2021

Companies are beginning to explore on-demand manufacturing rather than traditional manufacturing models, meaning they can keep less physical inventory on-hand. Big Data, Artificial Intelligence & Machine Learning. Supply chain planning has always been a Big Data solution. SCP is becoming a Giant Data solution.

Supply Chain Planning Software 306

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 306

Supply Chain Shaman

JULY 12, 2013

Focus the organization on understanding the “probability and patterns of demand” and how to design push/pull decoupling points, supplier networks and inventory buffers to improve agility (focusing on form and function of inventory in the supply chain). Use modeling tools to help teams to visualize these concepts.

Supply Chain Design Software 266

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 266

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388

Supply Chain Shaman

FEBRUARY 1, 2024

Rolling up a perpetual inventory signal takes eleven hours. The company was working on improving real-time ATP without consideration of the data synchronization issues. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. days to get a perpetual inventory signal and 2.2

Supply Chain Planning Software 345

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 345

DELMIA Quintiq

SEPTEMBER 7, 2022

This is without losing track for even a moment of any one item, order, shipment, inventory movement, transfer, shipment, delivery, launch, promotion, project, resource, person, booking, lorry or vessel… plus much more.

Supply Chain Planning Software 295

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Optimization Software 295

Supply Chain Shaman

JUNE 3, 2024

As an old gal attending multiple conferences (more than I would like at times), I have listened to speakers waft eloquently about the value of concepts like networks, big data, industry 4.0, One of the problems is that today only planners can get to planning data. and digital supply chains. Did these investments drive value?

Supply Chain Planning Software 345

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 345

Enterra Insights

JULY 18, 2019

.”[1] At the same time, writes SAS’ Rodney Weidemann, “The impact of emerging technologies such as artificial intelligence, machine learning and cognitive computing — the latter underpinned by big data and advanced data analytics — is beginning to be felt.”[2] Omnichannel operations and big data.

Omnichannel 162

Omnichannel Analytics Software Predictive Analytics Software Purchasing Skills 162

Logility

MAY 7, 2020

Figure 1: Demystifying Data Units. Embracing big data brings the promise of reduced costs, improved customer service, reduced risk and the ability to capture new opportunities. However, capturing the data you need is just the start of the journey. Figure 2: Results Achieved Using Big Data Analytics.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Not only that, but combined with machine learning and Big Data, digital supply chain technologies can analyse and learn from data in a way that gives supply chain managers the real-time insights they need to respond quickly to disruption and unexpected events. Digitisation for Optimised Capacity and Inventory Buffers.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Software Predictive Analytics 246

Logistics Viewpoints

FEBRUARY 14, 2024

Logistics and inventory management rounds out the top four focus areas at 82 percent. Logistics In line with the past several years, inventory management continues to be the top focus area in logistics. In addition to cost savings, having optimized inventory management can help balance cash flow with customer satisfaction.

Supply Chain Planning Software 272

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 272

Supply Chain Shaman

OCTOBER 16, 2023

I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. Holistic design of the form and function of inventory with a focus on setting inventory targets for each flow. This includes Slow and Obsolete Inventory (SLOB), returns, quality issues, and expired product.

S&OP 336

S&OP Supply and Demand Forecasting Supply Chain Design Software 336

Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1]

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

Logistics Viewpoints

FEBRUARY 5, 2024

The visibility solution must be built in such a way that it can download order quantity and inventory data from a customer’s systems. In addition to normalizing data and data cleansing, this is a Big Data problem. Having good OTIF data can help prove that a company really has shipped on-time and in-full.

Shipping 269

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 269

Logistics Viewpoints

MARCH 9, 2023

CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue. Big data is used to understand a customer’s propensity to buy, the tendency to return, conversion of clicks to orders, demand sensing signals, individualized promotions, etc.

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 221

Unleashed

AUGUST 23, 2021

A crystal ball sometimes wouldn’t go amiss in inventory forecasting. Here we explain the methods and formulas you can use to improve your inventory forecasting, and best practices for your business when designing and carrying out this process. Read more: What is Inventory Management?

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Inventory Management Software 98

Demand Solutions

NOVEMBER 5, 2018

Think about it: If we could somehow forecast with 100% accuracy, we'd be able to carry only the inventory we plan to sell, with maybe a little extra to cover for unexpected mishaps. Even with all the AI and big data technology you invest, your forecasts will not be 100% accurate. That's where safety stock comes in.

Forecasting 192

Forecasting Supply Chain Planning Software Supply Chain Planning Supply Chain Software 192

ToolsGroup

MAY 24, 2017

1/ Multichannel retailing is requiring inventory positioning in more locations than ever before and causing retailers to focus on “bottom up” forecasting , says Griswold. If needed, they look to balance inventory between stores and DCs via high-frequency inter-depot transfers.

Forecasting 202

Forecasting Forecasting Software Demand Planning Software Modeling 202

Supply Chain Shaman

OCTOBER 5, 2021

Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. We are not good at inventory management. Inventory Levels Over the Quarters of the Pandemic. Companies struggle to have the right inventories. The end result?

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 264

Kinaxis

MARCH 27, 2018

Transitioning from hype to reality, artificial intelligence (AI) is gaining momentum across industries thanks to an explosion in computing power and storage, the emergence of IoT (Internet of Things) and big data, and algorithmic advances. Deep learning.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Optimization 261

Supply Chain Shaman

MARCH 12, 2014

Vendor Managed Inventory. Use of Downstream Data. Big data supply chains Bricks Matter Market-Driven New technologies Open Content Research B2B Business-to-business e2open EDI electronic data interchange Elemica GHX GTNexus SAP' The active surveys in the field are listed below: Supply Chain Risk Management.

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Gartner 319

Supply Chain Shaman

FEBRUARY 7, 2014

Nine out of Ten Companies are Stuck at the Intersection of Operating Margin and Inventory Turns. Big data supply chains Market-Driven New technologies Supply chain planning value networks' After these discussions, I am amazed that we have made as much progress as we have. End of the Fairy Tale, Part II .

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Network Software 290

The Logistics & Supply Chain Management Society

JULY 20, 2020

This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. Machine learning and big data analytics augments critical roles in supply chain efficiency, problem solving and cost saving. Pricing decisions can be integrated with demand and supply planning.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

DELMIA Quintiq

OCTOBER 28, 2014

The manufacturer would benefit from lower inventory levels, while the 3PL operator could gain a better profit margin for being responsive and reacting “on demand”. 3PLs need to embrace innovation – big data and resource analytics – to remain competitive Click To Tweet - Powered By CoSchedule.

Supply Chain Planning Software 281

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Analytics Software 281

Logility

MARCH 13, 2020

Descriptive statistics are useful to show things like total stock in inventory, average dollars spent per customer and year-over-year change in sales. Common examples of descriptive analytics are reports that provide historical insights regarding the company’s production, financials, operations, sales, finance, inventory and customers.

Prescriptive Analytics Software 209

Prescriptive Analytics Software Predictive Analytics Procurement Analytics Analytics Software 209

GlobalTranz

OCTOBER 2, 2017

Last mile delays and problems during delivery can eat away at fuel costs and seriously devalue a brand, but shippers Fan leverage technology, such as Big Data, to make small changes and improvements to last mile logistics processes. Be Consumer-Centric. An effective last mile logistics strategy must be focused on consumer needs.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

AIMMS

OCTOBER 22, 2019

We spoke with David Mackenzie , Transformation & Inventory Director at BT, to learn more about this shift and the role AIMMS has played in enabling it. The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from.

Supply Chain Design Software 240

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 240