ToolsGroup

DECEMBER 16, 2021

With the advent of globalization, the Internet, and more recently, the proliferation of mobile technology into every aspect of our lives, there has been a remarkable shift in the world of retail from a product-centric to customer-centric model. How lean retail impacts business goals and revenue targets.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 98

Supply Chain Shaman

JUNE 21, 2023

Almost two decades of reporting. One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. The analysis is biased toward large process-based manufacturers in the Gartner network. Is this success?

Gartner 364

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 364

Logistics Viewpoints

MARCH 27, 2023

Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship.

Forecasting 214

Forecasting Forecasting Software Modeling Optimal Sourcing 214

Arkieva

JUNE 28, 2016

To learn more, please read my previous blog ‘ A Guide to Supply Chain Management: Making Intuition More Valuable ’. Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP. What is analytics?

S&OP 92

S&OP Procurement Analytics Analytics Software Supply and Demand 92

Vanguard Software

JUNE 22, 2021

In the new normal of supply chain disruptions, it has never been more important for planners to strategically manage disruptive events, which create dramatic spikes or dips in demand, shortages in parts or supplies, and unexpected changes in shipping schedules. Connected Planning Drives Demand Management and Supply Chain Resiliency.

Modeling 52

Modeling Supply and Demand Supply Chain Planning Software Demand Management 52

ThroughPut

MAY 5, 2021

How AI-Powered Capacity Planning is Changing The Manufacturing Landscape – a ThroughPut Perspective. The consumer demand scene is constantly changing and when you suddenly land in a situation where your product is in great demand, it can turn into a missed opportunity if you’re not prepared.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Capacity Resource Reduction 52

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. Customers are in control, and retailers who fail to accurately predict demand are doomed to fail.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Logistics Viewpoints

MAY 17, 2021

NBG Home is one of the largest home decor manufacturing companies and importers in the world. The company combines domestic manufacturing with global sourcing. The solution uses machine learning, analytics, and automation to drive purchasing. Improving sales also requires strong fulfillment performance.

Demand Planning Software 174

Demand Planning Software Modeling Supply and Demand Forecasting 174

ThroughPut

FEBRUARY 14, 2024

Those disciplines include decision management (including advanced nondeterministic techniques such as agent-based systems) and decision support as well as techniques such as descriptive, diagnostics and predictive analytics.” Let’s take the example of an Aerospace sensor company.

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Supply chain management is increasingly making an impact on the overall functioning of the business and influencing C-suite decisions.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 97

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra Technology investment is one of what we believe will be a series of purchases to build inter-enterprise cloud-based software platforms to redefine supply chain planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

ShipBob

OCTOBER 24, 2022

Demand forecasting helps the business make better-informed supply decisions that estimate the total sales and revenue for a future period of time. Demand forecasting allows businesses to optimize inventory by predicting future sales. Importance of demand forecasting for ecommerce. Types of demand forecasting techniques.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I do believe in demand planning, but most companies overstate forecast improvements. At that time, the demand processes were largely regional. Like a car, demand engines needs continual tuning.

Supply and Demand 157

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 157

ThroughPut

MAY 23, 2024

The Bullwhip Effect is a phenomenon where slight fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels. This phenomenon leads to significant inefficiencies and increased costs in business operations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Price Reduction 52

Supply Chain Shaman

NOVEMBER 24, 2020

At the conclusion of World War II, at which time service industries accounted for 10% of nonfarm employment, compared with 38% for manufacturing. The decline in the purchase of services drives unemployment and the need for governmental stimulus. In this period, historic order patterns are a poor proxy for market demand.

Supply and Demand 225

Supply and Demand Modeling Supply Chain Planning Supply Chain Design 225

Logility

JANUARY 16, 2018

Sometimes demand planners focus too much on forecast accuracy and miss seeing the forest for the trees. I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics. Here in lays the crux of the issue with demand sensing.

Supply and Demand 102

Supply and Demand Demand Planning Software Forecasting Supply Chain Planning Software 102

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

ThroughPut

JUNE 24, 2022

AI in supply chains is helping to deliver the powerful optimization capabilities required for more accurate capacity planning , improved productivity, high quality, lower costs, and greater output, all while fostering safer working conditions. AI can also analyze workplace safety data and inform manufacturers about any possible risks.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

TPSynergy

JULY 22, 2019

Most companies rely on traditional processes to ensure the gap between demand and supply is as small as possible. These include forecasts and purchasing plans, which are used to order the necessary materials on time. These components include almost 40+ unique processes under 5 main categories: plan, source, make, deliver, and enable.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 40

TPSynergy

FEBRUARY 4, 2019

Most companies rely on traditional processes to ensure the gap between demand and supply is as small as possible. These include forecasts and purchasing plans, which are used to order the necessary materials on time. These components include almost 40+ unique processes under 5 main categories: plan, source, make, deliver, and enable.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Manufacturing Procurement 40

Supply Chain Shaman

AUGUST 26, 2015

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. This gives supply chain leaders a false sense of security.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Supply Chain Shaman

SEPTEMBER 24, 2018

They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets. The source of data for this blog comes from market triangulation. Sadly, only 7% of companies test before purchase. Frustration abounds.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 233

Supply Chain Shaman

APRIL 19, 2021

“We are considering the purchase of Blue Yonder, Logility, Kinaxis, o9, or OMP. You will never be successful in selecting planning software from an RFP or an analyst model. I am constantly surprised how many intelligent manufacturing teams buy software from PowerPoint. My organization does not believe in demand planning.

Supply Chain Planning Software 284

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 284

Material Handling & Logistics

OCTOBER 11, 2017

A few years ago I purchased a sofa from a well-known furniture store. Many companies try to overcome this problem using ERP systems, demand management tools and other advanced software. Simple lean supply chain techniques such as pull and leveling cost very little to implement and can have a big impact on lead times.

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Lean Inventory Reduction Price Reduction 83

Arkieva

JUNE 23, 2016

These planning and scheduling decisions occur across a complex playing field organized by decision tier (strategic, tactical, operational, and relevant time response) and organization (corporate planning, factory, marketing, purchasing, etc.). Demand Management. Analytics Workbench.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 90

ThroughPut

JANUARY 2, 2023

By being able to seamlessly evaluate the actual capacity against realized demand, assess scheduled production load of processes over time, and track the inventory built up amid lost sales opportunities, a sound capacity planning solution can help tide over tricky demand-supply scenarios. Reliability of lead times and machine times.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 52

Supply Chain Shaman

JULY 22, 2016

Learn to navigate the river of demand. Realize that, within the organization, the concept of demand as a flow is not well understood. There are many misconceptions that must be challenged: 1) Demand Management Is Forecasting. Client Example of Demand Management Across Time Horizons. It was an ugly color.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Shaman

NOVEMBER 27, 2017

On Monday, November 27th, Logility announced the purchase of privately-held Halo Business Intelligence. A significant source of revenue for the company is maintenance renewals. Prior acquisitions include: Demand Management, (often termed Demand Solutions) supply chain planning for mid-market, 2004 for $9.5M

Logility 60

Logility Supply Chain Planning Software Supply Chain Design Software Analytics Software 60

EazyStock

APRIL 28, 2022

Inventory management teams need to know what, when, and how much to order. You could automate the following: customer relationship management, demand management, order fulfillment, manufacturing flow management, procurement, product development, commercialization and returns. Optimization tools.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Software 52

EazyStock

APRIL 28, 2022

Inventory management teams need to know what, when, and how much to order. You could automate the following: customer relationship management, demand management, order fulfillment, manufacturing flow management, procurement, product development, commercialization and returns. Optimization tools.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Software 52

ThroughPut

NOVEMBER 21, 2022

The partnership will empower mutual customers to not only plan logistics fulfillment effectively and efficiently, but also to forecast demand accurately with AI-powered insights and recommendations for rapid supply chain revenue rationalization. Learn more at project44.com.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply and Demand Gartner Supply Chain Optimization 52

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Why do manufacturers need an effective supply chain plan? Supply management. Demand management.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Why do manufacturers need an effective supply chain plan? Supply management. Demand management.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

NOVEMBER 18, 2022

A recent study compiled by Deloitte reveals that those companies that were best equipped to respond to the disruption driven by the pandemic had strong relationships with their suppliers and the necessary analytical tools that helped with visibility into their broader supply networks. Do It Right With ThroughPut’s Demand Sensing solution.

Supply and Demand 52

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

ThroughPut

MAY 20, 2021

Covid-19 has distressed the global supply chain and manufacturing networks in every country. The pandemic sent shock waves across the manufacturing world in an unexpected and unprecedented way. For the first time in digital manufacturing history, demand, supply, and workforce availability have been affected globally at the same time.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Capacity Optimization Software 40