Supply Chain Shaman

SEPTEMBER 13, 2023

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” I know that your primary focus is procurement. I find 80-90% of companies are degrading the forecast through traditional thinking.) Just ask Anna.

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388

Unleashed

AUGUST 11, 2020

Any business that hopes to operate optimally must be able to meet its customer service targets, capitalise on opportunities, manage risk effectively, forecast demand with precision and scale successfully in a dynamic and highly competitive marketplace. CASE STUDY 1: Gourmet Organic Herbs. Automation.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

SCMDOJO

OCTOBER 8, 2024

It covers concepts in detail but offers very little in terms of practical exercises, real-world case studies, or detailed models. SCMDOJO offers an abundance of case studies, detailed models, and exercises that simulate the challenges professionals face daily. In comparison, SCMDOJO was designed to fill this gap.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 98

SCMDOJO

OCTOBER 8, 2024

It covers concepts in detail but offers very little in terms of practical exercises, real-world case studies, or detailed models. SCMDOJO offers an abundance of case studies, detailed models, and exercises that simulate the challenges professionals face daily. In comparison, SCMDOJO was designed to fill this gap.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 97

Procurement Academy

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning. For instance – improved communication skills or legal contract knowledge.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. MTSS platforms facilitate hands-on projects where learners can apply statistical methods to identify trends, forecast demand, and optimize inventory levels.

Supply Chain Planning Software 92

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 92

SCMDOJO

JANUARY 23, 2023

It includes real-world examples from companies like Amazon and Starbucks, case study discussion questions, computer-assisted exercises, and programming projects, making it an ideal choice for anyone looking to learn about supply chain management and the analytics involved.

Prescriptive Analytics Software 132

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 132

SCMDOJO

JUNE 14, 2024

Paul Denneman , a Master APICS® Instructor with over 20 years of experience, and Maryna Trepova , a renowned procurement expert, are just a few of the instructors leading the way. The program offers on-demand modules, allowing you to learn at your own pace, whether you prefer short bursts or dedicated study sessions. No problem!

Buyer Training 105

Buyer Training Supply Chain Design Software Price Mitigation Strategies Supply Chain Planning Software 105

Logistics Bureau

MAY 24, 2019

The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. Procurement analysis. Sunsweet was using a manual forecasting approach, with spreadsheets being the only technology involved. Inventory planning.

Cost Reduction Strategies 55

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 55

SCMDOJO

AUGUST 16, 2023

This case study aims to delve into the significance of supply chain capability for enhancing a company’s competitiveness and how it serves as a competitive advantage for companies. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 98

Supply Chain Shaman

SEPTEMBER 28, 2022

As a result, companies are writing new case studies through their actions or inaction. Based on the current issues with material shortages, labor issues, electrical costs and outages, weather events, and water availability, I forecast an equal level of disruption for the next three years. What is the issue?

Manufacturing Procurement 195

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

Supply Chain Shaman

JANUARY 21, 2014

.> Unfortunately, companies have invested money in traditional forecasting processes believing that if they make the forecast better that corporate performance will improve. Improving forecasting is not sufficient. It is about much more than conventional forecasting. Forecastability. Naive Forecast.

Supply and Demand 329

Supply and Demand Modeling Demand Planning Software Forecasting 329

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

If you google “circular economy examples” then you will quickly see case studies centered on cities like Amsterdam, Berlin, Toronto, Glasgow. So the potential to combine the services of scrap waste management and raw material procurement could be something that marketplace designers can work on. MORE FROM THIS EDITION.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

Supply Chain Shaman

JULY 30, 2022

” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.). End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background. Investment in control towers.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

ThroughPut

JUNE 19, 2024

Inaccurate forecasting risks overstocking—leading to increased waste—or understocking, resulting in missed sales opportunities. These figures underscore the national issue and the operational challenges faced by businesses caught in the cycle of inaccurate demand forecasting.

Supply and Demand 52

Supply and Demand Predictive Analytics Software Demand Planning Software Supply Chain Planning Software 52

Supply Chain Shaman

FEBRUARY 18, 2021

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 288

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Is your historical data not a reliable enough foundation for your forecast?

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

As the dynamics of tariff policies may take a 180-degree turn overnight, it is necessary to model and forecast the scenarios in which a firm operates. Owning sound data is crucial to planning optimal shipping routes, locating distribution centers and warehouses, and forecasting revenue volumes and other trends.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Shaman

JUNE 29, 2022

The answers lie in investments in supplier development teams, the simplification of the bill of materials and product platforms, and analytics to forecast requirements based on consumption. Today, we have an additional factor with inflation to add to the mix of issues, that changes the requirements for the “buy plan in procurement.”

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Attribute-based forecasting when introducing new products. Having a volume-based operational plan using sales forecast and constrained supply capability. Having dynamic safety-stock calculations. and Europe.

Supply Chain Planning Software 277

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 277

ThroughPut

APRIL 30, 2024

The platform is designed to enhance inventory management and provide accurate demand planning and forecasting, crucial for optimizing supply chain efficiency. AI-powered Demand Planning and Forecasting: This is one of the core areas in supply chain management where AI has shown significant impact.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Supply Chain Shaman

OCTOBER 8, 2019

The budget is not sufficient and is often a detrimental input for supply chain forecasting. Why Is the Financial Forecast Not a Good Proxy for a Supply Chain Forecast? There are many reasons why the budget cannot be used as a supply chain forecast. The supply chain forecast is a rolling forecast.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Exiger Perspectives

JUNE 21, 2023

Oshkosh successfully implemented automated tracking and reporting to drive improved employee efficiency; It reduced administrative overhead and increased accuracy in financial risk management and forecasting. Oshkosh was also able to create a process to manage market price fluctuations for carbon steel plate.

Supply Chain Planning Software 52

Supply Chain Planning Software Demand Planning Software Supply and Demand Supply Chain Software 52

Bristlecone

OCTOBER 29, 2020

AUTO PARTS LEADER REDUCES FORECAST ERRORS BY 50%. With extreme demand volatility felt across industries and traditional demand forecasting methods becoming completely unreliable in 2020, companies are now turning to AI and machine learning (ML) to help steer strategic decisions pertaining to demand forecasting. Read Case Study.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Design Software Modeling 52

Vanguard Software

JULY 20, 2021

Not too long ago, in 2014, Walgreens had a $1 billion forecasting error that led to the exit of two executives. Demand Planning Forecasting Application. Supply Planning consists of estimating and forecasting the appropriate ways to fulfill the projected need found in the demand planning process. Download Brochure.

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Demand Planning Software 52

ToolsGroup

DECEMBER 1, 2015

There is a new technique for improving forecast accuracy and inventory optimization—sensing demand from Point of Sale (POS) data or "POS Demand Sensing". Detailed demand forecasts are then generated for the sales and marketing teams and to set optimal inventory levels. The result?

Supply and Demand 120

Supply and Demand Modeling Demand Planning Software Inventory Reduction 120

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The answers lie in investments in supplier development teams, the simplification of the bill of materials and product platforms, and analytics to forecast requirements based on consumption. Today, we have an additional factor with inflation to add to the mix of issues, that changes the requirements for the “buy plan in procurement.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

NC State SCRC

OCTOBER 5, 2016

Brian Hoffmeyer from IQ Navigator, a procure to pay solution, spoke today at IBM’s Empower event on this trend, and the implications for procurement. But 60% of the workforce is not well managed and unaccounted for in financial planning, budgeting and forecasting. Brian mentioned several case studies.

Procurement 60

Procurement Analytics Software Supply Chain Planning Software Forecasting Software 60

Supply Chain Shaman

APRIL 15, 2020

No doubt about it, we are characters in a supply chain case study searching to define a new normal. Today, we find ourselves in the middle of a risk management case study. As we moved into our new roles, for all supply chains, demand shifted. We will not find it anytime soon. Improve Visibility/Eleminate Black Holes.

Supply Chain Planning Software 442

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 442

ThroughPut

MAY 3, 2024

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

QAD

AUGUST 17, 2023

Click here to listen to the full episode and read the PennEngineering case study to learn more. In this episode, Phil discusses what can happen when an organization starts thinking about procurement as a strategic function rather than a simple transaction. When a customer calls, we do this, then we do this, then we do that.

Supply Chain Software 98

Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Strategy 98

Supply Chain Opz

APRIL 1, 2018

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute procurement and sourcing strategy like the world's leading companies. People who like to learn new concepts from case studies. Who is it for?: Our Rating: 4.9

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 116

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 116

Infosys Supply Chain Management

FEBRUARY 4, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Case Studies. |. There is however no easy way for the forecaster to assign these models to different segments that is available out-of-the-box. Business Process Outsourcing. Customer Service.

Forecasting 27

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Strategy 27

Elementum

FEBRUARY 7, 2024

Enhancing Business Operations Logistics Management: AI-driven automation revolutionizes logistics by optimizing routing and fleet management, reducing costs, and forecasting disruptions, thus enhancing efficiency and customer satisfaction.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

The Network Effect

MAY 29, 2015

Now a new technique called Demand Sensing , using highly accurate short-term demand signals, can enable companies to meet consumer demand while driving the lowest cost possible across their distribution, manufacturing, and procurement activities. Could Demand Sensing help your company? I hope you can join us!

Supply and Demand 100

Supply and Demand Demand Planning Software Inventory Reduction Cost Reduction Strategies 100

Logistics Bureau

NOVEMBER 3, 2024

Mini Case Study: Walmart Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. There is also the question of ethical procurement and purchasing to consider. So if you want to be sure of business success, review your supply chain strategy.

Inventory Reduction 69

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 69