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 340

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 340

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. 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 384

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 384

GlobalTranz

MAY 25, 2018

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

Supply Chain Shaman

DECEMBER 12, 2024

Supply chain leaders were slow to adopt advances in Big Data Analytics. Expect greater variability in lead times and an increase in in-transit inventory. Build a supply chain planning master data layer to understand lead time variability and a system of record for certificate compliance information. Inventory Management.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

Supply Chain Shaman

FEBRUARY 7, 2014

With the investment in transactional systems for order-to-cash and procure-to-plan, many have lost focus on planning. 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'

Supply Chain Planning Software 289

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Network Software 289

Supply Chain Shaman

FEBRUARY 28, 2021

Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. In the organization, lots of data is not used. S&OP becomes a Ferris Wheel of activity, creating a Deadpool of information. The reason?

Supply Chain Planning Software 372

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 372

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. The transactional nature of procurement and sales is a barrier to redesigning for higher value. “ I scratch my head. Own the entire supply chain.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Supply Chain Shaman

JANUARY 31, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

MAY 26, 2023

In these conventional IT approaches, data is written and coded with fixed semantics into rows and columns. I term this our data jail. Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Why is this needed?

Optimal Sourcing 341

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 341

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

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or AI?

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. In a conversation with Everstream’s chief data officer, the executive told this writer that the company was using artificial intelligence (AI) and Big Data to solve this n-tier problem. But I was skeptical.

Supply Chain Visibility 212

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 212

ToolsGroup

DECEMBER 17, 2020

Cloud has evolved to provide the ideal infrastructure and platform for hosting multiple supply chain partners to collaboratively offer optimized services including planning, logistics, sourcing, procurement and service parts management. Multi-enterprise supply chain means multi-vendors of supply chain applications. . Who can provide them?

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

Logistics Viewpoints

FEBRUARY 26, 2024

These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur. The i-Score helps procurement leaders quickly assess the overall health of their extended supply chains.

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 267

AFFLINK

MARCH 20, 2017

You can’t open a major tech news site these days without encountering the words “big data.” What is Big Data? The easy question first: what is big data? As explained by a recent IBM report, “Big data is being generated by everything around us at all times. How Can Big Data be Used?

Optimal Sourcing 54

Optimal Sourcing Big Data Supply Chain Optimization Modeling 54

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Data diagnostics to ensure the inputs are accurate, KPI monitoring and alerts for intervention and root-cause analysis are essential components to guide the planners. .

Supply Chain Planning Software 274

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 274

Supply Chain Shaman

SEPTEMBER 22, 2021

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. The solution was too black box.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Supply Chain Planning Software Procurement Analytics 221

Supply Chain Shaman

JUNE 29, 2015

While companies want to improve costs and inventory, most are going backwards. The Supply Chain is a Complex System with Increasing Complexity. While many consultants will wave their hands and promise improvements in costs and inventory through projects, take pause. Avoid Artificially Constraining Inventory Levels.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Inventory Reduction S&OP 150

GlobalTranz

DECEMBER 27, 2017

This year, most were interesting in supply chain optimization - from distribution to inventory management - and Key Performance Indicators. Download: The Impact of Big Data in the Supply Chain & Transportation Management Industry Webinar Replay, Transcript & Presentation. The Top 10 Supply Chain Blog Posts from 2017.

Supply Chain Software 151

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain Strategy 151

Logistics Viewpoints

FEBRUARY 28, 2022

A better forecast leads to carrying less inventory while maintaining or even improving service levels. The improvement in forecasting contributed to an increase in service levels by 10% while reducing inventory investment by 20%. But that was pre-COVID. But after the pandemic hit their safety stock was increased by 30%.

Optimal Sourcing 286

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 286

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Today, the tech devices that entered the market in early 2016 are obsolescent, and more companies are looking for real-time data-driven decision making opportunities through the Internet of Things (IoT).

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

Enterra Insights

DECEMBER 17, 2024

. “Advanced AI algorithms analyze historical data to predict future stock requirements and optimize warehouse space. IoT devices track inventory in real time, providing valuable insights into stock movement, reducing waste, and ensuring products are available when needed.” ” Inventory optimization.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Procurement Academy

JANUARY 25, 2021

Retail Academy is the newest venture of Procurement, Supply Chain, and Sales Academy. While many of the core principles of Procurement and Supply Chain are universal, we recognize that the skills that enable success in the retail industry are different from those in other industries.

Procurement Analytics 98

Procurement Analytics Buyer Training Purchasing Skills Retail 98

QAD

DECEMBER 10, 2019

Consider a story from Seth Stephens-Davidowitz’s book, Everybody Lies on the topic of big data. QAD Supplier Portal provides timely information of critical order, schedule, shipment, invoice and other data with suppliers to remove inbound supply risks and improve supplier performance.

Manufacturing Procurement 134

Manufacturing Procurement Real-time Visibility Inventory Reduction Cost Reduction Strategies 134

Supply Chain Game Changer

SEPTEMBER 28, 2022

Historically Supply Chain was considered to include Procurement, Warehousing, Freight and Logistics. Supply Chain clearly influences Inventory levels and Inventory turnover. Procurement negotiates and sets the conditions for purchase of all goods and services, which by extension impacts cash flow. Customer Experience.

Negotiating Skills 118

Negotiating Skills Negotiate Pricing Supply Chain Planning Software Supply Chain Strategy 118

DynaSys

APRIL 9, 2019

Supply Chain Management (SCM) is critical to the business in keeping up with global regulatory changes, increased efficiency in demand and manufacturing of product, inventory buffers, and shipping and distribution of product. It is difficult to discuss Big Data without seeing the impact on Machine Learning.

Pharmaceutical 98

Pharmaceutical Supply Chain Planning Software Supply Chain Software Modeling 98

Talking Logistics

AUGUST 14, 2018

Inventory stockpiling is starting to occur based on prices and supply/demand curves. Technologies such as the Internet of Things, artificial intelligence, big data, machine learning and the cloud are changing the way people and companies interact and do business. Logistics is a whole other ballgame.

Supply Chain Planning Software 109

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Network Software Modeling Software 109

ToolsGroup

OCTOBER 6, 2015

Less mature companies focus IT investments on manufacturing, procurement and workforce management. More mature companies are targeting analytics and performance management, big data and predictive analytics , mobility technologies, and visibility and event management. They pursue analytics to help find hidden data.

Supply Chain Planning Software 120

Supply Chain Planning Software Gartner Supply Chain Software Supply Chain Strategy 120

Supply Chain Shaman

NOVEMBER 21, 2017

This transfer of ownership reduced the effectiveness of procurement. Drones in warehouses using machine learning for real-time inventory and self-driving vehicles are transforming logistics. Stalled progress on metrics: 90% of companies find themselves stuck on key supply chain metrics (cost, inventory, growth, ROIC).

Supply Chain Planning Software 152

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 152

SCMDOJO

JANUARY 23, 2023

It covers major supply chain processes such as managing supply and demand, warehousing, inventory control, transportation, and route optimization. It covers the three main procedures that make up effective supply chain planning: demand planning, sales and operations planning, and inventory and supply planning.

Prescriptive Analytics Software 127

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 127

Logility

MARCH 19, 2018

2) Multi-Echelon Inventory Optimization (MEIO). The F&B supply chain tend to be inventory rich with average days of inventory still hovering in the high 30 days of coverage range. Reducing inventory while maintaining or improving customer fill rates should be a high priority project for any company.

Optimal Sourcing 113

Optimal Sourcing Supply Chain Planning Software Beverage Prescriptive Analytics Software 113

Supply Chain Shaman

OCTOBER 19, 2022

The gaps in expectations between planning and functional organizations like manufacturing, transportation, and procurement are large and growing. Goals of Planning Measured Against Benefits Gained. The reasons are many. Many planning systems were viewed as technology implementations, and companies never tested the validity of plan outputs.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Real-time Visibility 195

SCMDOJO

APRIL 4, 2023

Importance of Supply Chain Analytics Five Types of Supply Chain Analytics Benefits of Supply Chain Analytics Challenges in Implementing Supply Chain Analytics Supply Chain Analytics System Architecture Role of Big Data What is Supply Chain Analytics? It is an essential element of supply chain management.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

GlobalTranz

DECEMBER 29, 2014

Instead of becoming overwhelmed with data, managers should identify and focus on the most useful warehouse metrics to gather, report, and apply. Read the Full Post. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Supply Chain Movement

JULY 23, 2013

Solutions focused on improving transparency of tier two suppliers, inventory and demand impede mitigation and force companies into reactive strategies. Proactive strategies should include research and development, procurement, production and sales. The new wave of decentralized automated network technologies are in their infancy.

Cost Reduction Strategies 150

Cost Reduction Strategies Material Savings Inventory Reduction Logistics Network Optimization Software 150

Supply Chain Shaman

APRIL 6, 2017

What I do know is that 88% of companies , stuck at the intersection of operating margin and inventory turns, struggle to drive improvement at the balance sheet level, and that user satisfaction with the traditional technologies is low. My Insights on Digital Transformation.

Supply Chain Software 196

Supply Chain Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 196