Logistics Viewpoints

JUNE 10, 2024

Most of the new in-context GenAI solutions have been pre-trained on 200,000 pages of SAP’s training and technical documents. Further, when users do not follow the recommendations or note that the answer provided is not accurate, their feedback can lead to further training for the AI model.

SAP 288

SAP Supply Chain Planning Software Modeling Logistics Network Optimization Software 288

SCMDOJO

JUNE 14, 2024

But with ever-increasing complexity, skilled professionals are more in demand than ever. The SCMDOJO Supply Chain Track offers a comprehensive supply chain training program to equip you with the knowledge and skills to excel in this dynamic field. The global economy runs on efficient supply chains.

Buyer Training 103

Buyer Training Supply Chain Design Software Price Mitigation Strategies Supply Chain Planning Software 103

Logistics Viewpoints

MARCH 21, 2021

It is not just about training people in their current role, but it’s also about developing people to the maximum of their potential. A skills assessment survey was done to measure potential gaps against a pre-determined skills matrix. Based on the findings, a skills enhancement program was created.

Supply Chain Design Software 279

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 279

Logistics Viewpoints

MAY 23, 2024

This involves setting up numerous parameters like lead times, inventory levels, production capacities, and demand forecasts, all of which must be adjusted for different scenarios. Effective scenario testing also requires well-trained users proficient in the system’s functionalities, making it difficult to achieve accurate results quickly.

Modeling 250

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Optimization 250

Logistics Viewpoints

OCTOBER 2, 2024

Smart warehouses, governed by standards like ISO 9001 for quality management, are also integrating AI systems to optimize inventory management and automate the loading and unloading processes. Upskilling the workforce through training programs that focus on managing connected vehicles and smart warehouses will ensure a smoother transition.

Warehousing 268

Warehousing Logistics Network Optimization Software Inventory Management Software Supply Chain Planning Software 268

ToolsGroup

AUGUST 8, 2019

The planner’s role has expanded to include a combination of technical skills and communications and interpersonal skills. A recent, typical job ad for a demand planner lists technical criteria including APICS and Six Sigma certification, alongside “negotiation, communications, and presentation skills”. .

Negotiating Skills 185

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 185

Logistics Viewpoints

MAY 25, 2023

But I’d like AI more to a magic trick, so allow me to direct your attention to the technology behind the curtain to highlight both its risks and its rewards and to share the essential leadership skills AI cannot provide. Any human with a browser can produce this result, since it requires no sophisticated coding skills or knowledge.

Supply Chain Planning Software 265

Supply Chain Planning Software Supply Chain Software Negotiating Skills Predictive Analytics Software 265

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. It is hard to change an industry.

Supply and Demand 385

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 385

The Logistics & Supply Chain Management Society

JULY 21, 2020

She will also illustrate the necessity for change management and redefining the roles and the skills of supply chain talents as a key driver for success. As an offspring of globalisation, supply chains are focused on optimisation – cost reduction, just-in-time deliveries and tight inventory-to-sales ratios.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

Enchange Supply Chain Consultancy

JUNE 19, 2024

Understanding cost to serve is critical before commencing distributor negotiations. Determine if your sales, marketing, and operational teams are adequately staffed and skilled to support market entry, for example. Training and Development: Assess the need for training programmes to enhance team skills and competencies.

Negotiating Skills 186

Negotiating Skills Supply Chain Planning Software Resource Reduction Analytics Software 186

Precoro

AUGUST 14, 2023

Whether hiring for this role or aiming to be promoted into it, it’s important to identify the most necessary skills for the profession. Note: In this article, we use the terms "procurement manager" and "purchasing manager" interchangeably; for the most part, these positions involve the same skills and responsibilities.

Negotiating Skills 75

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 75

Kinaxis

APRIL 6, 2017

In his newest book, Thank you for being late , Thomas Friedman introduces “stempathy” as a key skill for the 21 st century professionals. This essentially is a combination of STEM (Science, Technology, Engineering, and Math) skills and empathy, the ability to understand and share the feelings of another.

Supply Chain Planning Software 271

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 271

SYSPRO Smarter ERP

JULY 17, 2023

The new AI revolution presents a great opportunity for manufacturers to retain their staff and attract younger employees by providing new skills for the future world of business where the role of AI will play a greater part. The impact of AI on manufacturing is that the skills used will be more advanced.

Manufacturing Procurement 98

Manufacturing Procurement Buyer Training Prescriptive Analytics Software Supply Chain Design Software 98

Supply Chain Shaman

SEPTEMBER 1, 2019

As can be seen in the analysis, 80% of the industries studied for the report went backward on key performance measurements like cost and inventory management over the last decade. The major gaps are finding employees with the right skills, training on next-generation processes and the lack of executive understanding of supply chain processes.

Supply Chain Software 236

Supply Chain Software Supply Chain Design Software Analytics Software Buyer Training 236

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Kinaxis

JUNE 28, 2018

Employees drawing six-figure salaries to negotiate multi-million dollar deals with major brands on behalf of Amazon are being replaced by software that predicts what shoppers want, when they want, and how much to charge for it. Typically, vendor negotiation is a high-touch activity with lots give and take.

Supply Chain Software 163

Supply Chain Software Negotiating Skills Buyer Training Vendor Strategies 163

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. A hard sled… Buyer beware. The multi-tier inventory optimization product termed MEIO is at the center of the new HANA stack for supply chain which includes demand sensing and the SAP Integrated Business Planning product.

Supply Chain Design Software 150

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

Logistics Viewpoints

FEBRUARY 2, 2023

Maximize Revenues and Efficiency with Automated Billing An automated billing solution benefits both customer and 3PL alike, in that it captures all billable activities performed by the 3PL, while accurately reporting charges at the rates and conditions associated with each customer’s specific negotiated contract.

Supply Chain Planning Software 235

Supply Chain Planning Software Inventory Management Software Forecasting Software Analytics Software 235

Supply Chain Game Changer

AUGUST 16, 2022

In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. On top of the annual inventory count there were ongoing manual cycle counts throughout the entire year. An Inventory Control History.

Inventory Reduction 124

Inventory Reduction Inventory Waste Reduction Resource Reduction 124

Logistics Viewpoints

MAY 11, 2021

Careers were the third theme to their questions – how to get a job, a day in the life of a supply chain professional, skills needed to progress. To close the skills gap and develop the needed capabilities, the company offers a mix of internal and external training and education programs.

Supply Chain Planning Software 289

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Analytics Software 289

The Logistics of Logistics

JULY 12, 2023

He is skilled in building and leading high-performing teams that thrive on inclusion, collaboration, and engagement. Corey is also proficient in product development and management, successful contract negotiations, continuous improvements, emerging technologies, and cultivating key relationships and partnerships.

Negotiating Skills 217

Negotiating Skills Purchasing Skills Network Optimization Software Logistics Network Optimization Software 217

Logistics Viewpoints

FEBRUARY 22, 2021

Govindarajan : Our previous Supply Chain Purchasing and Inventory Management tools were not enabling us to solve business challenges, we pivoted to Manhattan’s Demand Forecasting and Inventory Optimization software. Through Demand Forecasting and Inventory Optimization (DFIO), the tool provided all the capabilities in one spot.

Forecasting Software 39

Forecasting Software Supply Chain Planning Software Optimization Software Supply Chain Design Software 39

SCMDOJO

JUNE 11, 2024

The SCMDOJO Logistics Management Track is your ultimate logistics training pathway. It’s designed to equip you with the skills and knowledge needed to thrive in the logistics industry. Let’s explore why our logistics training is unique, what’s included in our logistics pathway, and how you can get started today.

Buyer Training 80

Buyer Training Price Mitigation Strategies Training Logistics Network Optimization Software 80

Logistics Viewpoints

AUGUST 7, 2023

It was an IT-led implementation where a planning model was developed, the solution implemented, and then planners – who had not been sufficiently prepared and trained – were expected to use a system significantly different from the legacy systems they were familiar with. Implementing supply planning solutions is hard. Count them!

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 195

SCMDOJO

JUNE 7, 2023

As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever. Let’s learn how language is an important skill in supply chain and operations management. Let’s learn how language is an important skill in supply chain and operations management. 3.

Negotiating Skills 85

Negotiating Skills Buyer Training Negotiate Pricing Supply Chain Design Software 85

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Kinaxis

MAY 30, 2017

Use of drones ( EyeSee inside the warehouse for scanning and tracking inventory, Prime Air for delivery). Artificial Intelligence to automate higher cognitive skills. Use of drones and robots in warehouses eliminates the need for humans picking, putting away, or counting inventories. This takes us to the next insight.

Gartner 189

Gartner Supply Chain Execution Conference Supply Chain Planning Software 189

ToolsGroup

APRIL 25, 2019

Data Granularity Unlike many approaches from the past where data was often aggregated to weed out noise from the model, it is the examination of that noise and its use to find correlation between it and other seemingly innocuous data elements that help to train the model and give it its power. Increased inventory turns by 25%.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Logistics Viewpoints

MAY 11, 2023

In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Inventory management Another area where digital twins can be beneficial is inventory management. come with any of them. Most modern WMS’ provide forecasting and analytics.

Modeling 275

Modeling Analytics Software Supply Chain Design Software Optimization Software 275

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Inventory management, order fulfilment, and last mile delivery are time-consuming yet essential processes. 10 Huge Benefits of eCommerce Businesses for Retailers & Buyers – LogiSYM August 2020. Second, the ability to focus on core competencies. Significance of Upstream and Downstream innovations. Stay Connected: [link].

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 49

The Logistics of Logistics

JANUARY 30, 2023

He is formally trained in graphic and interactive design, and has been designing and building software for 15 years for various industries – from streaming freight pricing, streaming karaoke, machine monitoring, insurance, CRMs to healthcare. Eddie was pretty early into OneRail where he has played an integral role in the success of OneRail.

Supply Chain Design Software 230

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Network Software Real-time Visibility 230

Supply Chain Shaman

MARCH 9, 2020

Many are fresh from college bristling with strong data skills, but a low understanding of a supply chain. Few are given training on the technology deployed. Less than 10% of supply chain business leaders completed formal supply chain training, yet, all believe that they know the definition of supply chain excellence.

Supply Chain Design Software 309

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 309

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Despite record layoffs in many industries, Canadian manufacturers face a skills shortage in key positions in operations and across the supply chain. Adequate cross training is not occurring fast enough to fill the gap. Manufacturers can use forecasting to support inventory optimization. Managing Inventory. Talent gaps: ?

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

ToolsGroup

APRIL 20, 2022

Sarah Voorhees, VP of Demand and Inventory Planning at American Tire Distributors , is one such leader who emphasizes the importance of individual check-ins: A 1:1 conversation can be intimidating, though, especially if the person has sensitive concerns. Increasing Productivity, Efficiency, and Skill Sets. But it doesn’t have to.

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

ToolsGroup

SEPTEMBER 22, 2021

This quote from Ajilon staffing agency says it well: “Successful and well-balanced companies know that women business leaders—and their exceptional leadership skills—provide major benefits. Employers demand skills such as collaboration, creativity, problem solving, and multitasking in the fast-paced supply chain work environment.

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

Logistics Viewpoints

NOVEMBER 10, 2022

Employee scarcity and high worker turnover are of critical impact to the efficiency and productivity of the nation’s warehouses, particularly when factoring in the costs of continually replacing and training new employees –which can equate to almost 25% of a worker’s average annual salary. But the impact goes well beyond resignations.

Supply Chain Software 226

Supply Chain Software Logistics Network Optimization Software Forecasting Software Supply Chain Network Software 226

The Logistics of Logistics

MAY 8, 2023

They have a skilled team that can handle kitting, light assembly, and Amazon Prep services as well. If your current provider is lacking in terms of regular reviews, updates, or general communication skills, it may be time to consider a provider who can offer better communication.

3PL 217

3PL Missouri Logistics Network Optimization Software Warehousing 217