This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. The result?
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Advanced supplychain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization. The result?
In the corridors of Unilever, a team of dedicated supplychain planners from demand to supply to transportation embarks on a daily journey. End-to-End SupplyChain Planning Platform The end-to-end process begins with data. The result is an end-to-end planning process operating on the highest quality data possible.
The global supplychain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supplychain management.
made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). million bbl/d in 2015.” .
My last post on the SupplyChain Shaman blog was forty-five days ago. Then it was the redefinition of the supplychain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. As we moved into our new roles, for all supplychains, demand shifted. Time to Know.
The list includes the best of our blog and news items, our latest webinars and most recent casestudies. Looking for a software provider for Business Analytics, S&OP, Inventory Optimization, Production Planning & Scheduling or SC Network Design? Browse the map and you’ll find yourself in our stop!
The agribusiness supplychain is highly complex. But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Advanced analytics as enabling technology.
For businesses of all sizes, the digital transformation of supplychain planning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on SupplyChain Digital Transformation projects.
Importance of Digitalisation to Improve SupplyChains: Helping Businesses Navigate Through SupplyChain Disruptions. is adopted in more and more industries and companies, the supplychain industry is starting to implement these disruptive technologies to adapt to the ongoing challenges and obstacles.
Gartner SupplyChain Symposium/Xpo EU 2023 has wrapped up its 3-day event in Barcelona, Spain. Featuring over 35 Gartner experts and more than 100 research-driven sessions, this year’s conference gathered over 2,000 supplychain professionals from across Europe and beyond. With more visibility and predictive forecasting.
The list includes our best supplychainanalytics blogs and news items, our latest webinars and most recent casestudies. Looking for a software provider for Business Analytics, S&OP, Inventory Optimization, Production Planning & Scheduling or SC Network Design?
My focus in this post is to highlight changes in supplychainanalytics, and what this can mean for your business. Today, if you ask a supplychain leader about analytics, their response is all about reporting. Figure 1: The Changing World of SupplyChainAnalytics. I find this exciting.
If you want to gain more supplychainanalytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supplychainanalytics books to help you better understand the concepts and strategies behind this vital business field.
Gartner analysts presented their latest supplychain findings throughout the two-day Gartner SupplyChain Executive Conference last month in London. This is a compilation of predictions and recommendations from various presentations. Analytics is the way supplychains will compete ,” he said.
In times that continue to defy our ability to predict them, the words of famous statistician George Box have never been more right: “All models are wrong, but some are useful.” In spite of investment in effective tools, I regularly hear from supplychain leaders express frustration that their teams don’t “trust the box.”
If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Prescriptive Analytics is a type of Advanced Analytics that results in a recommended action. Supplychain teams are curious about adopting Prescriptive Analytics and exploring the benefits.
The decision support technologies that we use today–price management, trade promotion management, network design, supplychain planning, transportation planning, supplier risk management–are on the cusp of redefinition through new forms of analytics. A hype cycle starts with a technology trigger.
Gartner recently polled both users and vendors on which supplychain planning (SCP) applications are employing machine learning and in three different analysis, demand planning and demand forecasting came out top of the list. With years of experience now in the rear view mirror, machine learning has matured as a SCP technology.
Discontinuing products is a struggle with tension between supplychain and marketing functions. The lack of product rationalization results in the long tail of the supplychain with increasing complexity. Lumpy demand for product with low volume requires a supplychain redesign. The reason? The result?
For many, a well-executed S&OP process should start with a demand forecast on one end and supply and resource plans to meet that forecast on the other. But in today’s VUCA world, the future is getting harder and harder to predict. How are supplychain professionals dealing with this? Related resources .
If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Prescriptive Analytics is a type of Advanced Analytics that results in a recommended action. According to Gartner’s Forecast Snapshot , the Prescriptive Analyticssoftware market will reach $1.1
With a network technology layer in place, the key idea is that you begin moving business functions onto the network over time in a systematic way that matches your priorities—while retaining the best of your legacy systems. Leverage new technologies like AI and machine learning in concert with current systems.
There have been product shortages, supplychain disruptions, and often times, a pullback in investments in research and development. For Blue Yonder, this is not the case. In fact, the company is pledging to push harder in those efforts as it reimagines the supplychain of the future.
Robots and automation enriched the Jetsons’ lives. Last week, I was having breakfast with a CEO of a leading softwaresupplychain management company. At that time, he aggressively pursued automation, and actively tested new technologies. Today’s supplychain is like the Flintstone era.
The agribusiness supplychain is highly complex. But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Advanced analytics as enabling technology.
Supplychains are getting more complex, while. In her recent report, Making the Case for Increased Adoption of Advanced SupplyChainAnalytics , Gartner analyst Noha Tohamy says that it’s no longer realistic to expect planners alone to analyze trends and underlying drivers, predict future scenarios and devise action plans.
This can leave supplychain professionals the tough job planning for, and responding to, promotions. The next step is to accurately predict the uplift from baseline expected to be generated by the promotion so that supplychains can optimize inventory to properly support the promotion.
The keynote address at the always enlightening SupplyChain Insights Global Summit was given by Lora Cecere, and she used it to focus on the problem of growing supplychain planning complexity and how to fix it. These better supplychains know how to use data.
Last week was the sixth anniversary of my founding of SupplyChain Insights. The path is one that I could not have predicted. The idea of sitting at my kitchen table and reaching 1000s of supplychain leaders was unthinkable. Last week, I had discussions with digital supplychain leaders from three companies.
(This event is owned and run by WIS Publications and features insights on SAP product developments and software.) I am currently doing research in the area of analytics (reference SupplyChain Insights Report, The Art of the Possible ). I find that the larger concern is advanced analytics. I term this post” SXX?”
Over the last two decades the company successfully leveraged global scale to define supplychain leadership. With 12,000 supplychain employees operating in 80 countries with 2400 storage facilities, supplychain excellence and innovation are the foundation of corporate performance.
Well, my big audacious prediction for 2015 did not come true. Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. But some of my other predictions did hit the mark or came close. Making supplychain and logistics predictions is like throwing darts at a moving target.
On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” I love the stories but question the fit of the metaphor(s) for a supplychain conference. In both cases, there is a clear definition of “winning.” The reason?
Anyway, there were also a couple of very good customer casesstudies, but we’ll save those for a future discussion and focus on AI here. In terms of technology, the panel agreed that this was not just about the systems; “we have to change the way people think, the way we are working, and that includes stakeholders and suppliers”.
To truly leverage it to improve business performance and predictability, you need to embark on a change management process and you need the right technology to self-enable your team. We spoke with Aron Waas, Global SupplyChain Director at Royal Boon Edam International to hear about his company’s experience.
by Polly Mitchell Guthrie Talent is top of mind for most executives as fuel for the future – but it is approaching a crisis in the supplychain world. For the past four years, hiring qualified supplychain workers has been cited as the biggest company challenge in the annual survey conducted by MHI and Deloitte Consulting.
You want the supplychain to be designed to drive unique assortments and to reliably respond to changes in demand. To do this, the supplychain is designed to sense, learn and then respond. The traditional supplychain is designed to support high volume, predictable items in known markets.
One promising solution is the implementation of integrated logistics networks, a strategy that promotes coordination, technology adoption, and collaborative partnerships to enhance supplychain performance. GST unified tax regulations, significantly reducing transportation delays and making supplychains more efficient.
As I spent the time reflecting over the last three weeks, the number of articles streaming into my feed on supplychain implications was high, but most of them were wrong. Some stated that the war marks the end of the global supplychain. By definition, this requires a global supplychain.
When it comes to supplychain design, we’re at another inflection point in the industry. The first one arrived a few years ago when a growing number of companies started treating supplychain design as a continuous business process instead of a standalone project or a once-a-year exercise.
Interview with Lora Cecere, Founder and CEO of SupplyChain Insights and Author of SupplyChain Metrics that Matter ( published December 2014 ). Lora Cecere is the founder and CEO of the research firm SupplyChain Insights. I couldn’t write how supplychain had improved balance sheets.
AI Business Process Automation: Revolutionizing Efficiency in the Corporate World Artificial Intelligence (AI) is transforming the landscape of business process automation, offering unprecedented efficiency and accuracy.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content