SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

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

Supply Chain Shaman

JUNE 30, 2023

His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet.

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 323

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

Supply Chain Shaman

DECEMBER 7, 2023

Of the twenty companies interviewed, only one can answer the question, “Do you have a good inventory plan?” ” We have implemented conventional demand planning technologies and processes, yet, in eight out of ten companies that I work with, I see a negative Forecast Value Added (FVA) measurement.

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 316

Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? ” (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.).

Supply Chain Design Software 195

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

Logistics Viewpoints

JUNE 1, 2023

This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases. They are more likely to shop for discounts and sales and may delay purchases of some items. Digital Transformation and Autonomous Planning in Supply Chain In 2023, fast decision-making is crucial.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 219

Unleashed

DECEMBER 11, 2022

Efficient warehousing is all about knowing what’s working, what’s failing, and what can be improved. When you measure and analyse the right warehouse KPIs, you can make better-informed business decisions based on real data. That’s why, with so many possible variables to track, it’s critical to know which metrics matter most.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

Logility

JUNE 15, 2021

For example, an F&B business that supplies perishable goods knows that these goods have a limited shelf life and therefore must accurately project how much to purchase at once. If the business purchases too much, it risks overstocking goods that cannot be sold after they exceed their shelf life. Time-phased replenishment planning.

Supply and Demand 147

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

ShipBob

OCTOBER 24, 2022

Demand forecasting allows businesses to optimize inventory by predicting future sales. By analyzing historical sales data, demand managers can make informed business decisions about everything from inventory planning and warehousing needs to running flash sales and meeting customer expectations. Storing inventory.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

ToolsGroup

OCTOBER 3, 2022

The Current State of the Retail Worker Shortage: Are Retail Workers in Demand? With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating. The risks surrounding the retail labor shortage aren’t new.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Unleashed

FEBRUARY 1, 2023

The onset of COVID and the rapidly changing environment of a pandemic-hit world has meant demand planning has become more difficult – and as a result, more critical – than ever. What is demand planning? Demand planning is the process of predicting what customer demand will be for a certain product.

Supply and Demand 52

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

Unleashed

JUNE 23, 2021

Multi-warehousing efficiencies. Inventory analytics goes mainstream. Warehouse automation. And in terms of inventory management the cloud is key to: Tracking inventory location and levels in real time, even for remote warehouses. Accurately plotting costs based on live data. The benefits of multiple warehouses.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. By establishing clear communication channels and reporting, information can be shared promptly, preventing delays and misunderstandings. But who are the key players behind the scenes?

Optimal Sourcing 84

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 84

Unleashed

APRIL 18, 2023

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

6 River Systems

OCTOBER 30, 2019

Warehouse robots are just one form of warehouse automation , but they’re making a big impact. From greater flexibility and scalability to productivity gains, a faster ROI compared to other automation solutions and better resource management, warehouse robots are changing the face of warehousing.

Warehousing 78

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 78

Veridian Solutions

OCTOBER 28, 2019

As explained by Stevie Hay of Inbound Logistics , supply chain leaders need an effective strategy to succeed in peak season, and warehouse analytics may be the ideal solution. Warehouse Analytics Enable Better Planning. Tracking purchase patterns over time enables better inventory management.

Analytics Software 40

Analytics Software Procurement Analytics Supply Chain Planning Software Analytics 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. Focus on Sensing using Independent Demand.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

BlueYonder

JANUARY 5, 2017

In order to build the necessary agility and control over both the customer experience and associated profitability, the following processes need to be re-invented and integrated differently: Demand Planning. Warehousing. Figure 1 – Using big data and predictive analytics to improve demand sensing and shaping.

Real-time Visibility 72

Real-time Visibility Modeling Supply Chain Planning Software Supply and Demand 72

Enterra Insights

AUGUST 16, 2022

.”[1] For all practical purposes, the last mile begins when products arrive at the warehouse, which has sparked great interest warehouse space. Real estate journalist Will Parker ( @_willparker_ ) reports, “The last mile in the e-commerce delivery process looks like a windfall for real-estate owners. As Robert J.

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

Enterra Insights

AUGUST 16, 2022

.”[1] For all practical purposes, the last mile begins when products arrive at the warehouse, which has sparked great interest warehouse space. Real estate journalist Will Parker ( @_willparker_ ) reports, “The last mile in the e-commerce delivery process looks like a windfall for real-estate owners. As Robert J.

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

GlobalTranz

MAY 13, 2015

And on the subject of sustainability, SCDigest.com covered Walmart’s 2015 Sustainability report : Walmart, the world’s largest corporation, is fresh out with its 2015 sustainability report, the eighth such document it has produced. ” Walmart states early on. Decades in the Making.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

6 River Systems

AUGUST 19, 2020

Leverage big bata, analytics and optimization Supply chains were driven by numbers and statistics for a long time. Quantifiable performance indicators were always considered key metrics by supply chain executives. There are plenty of opportunities to increase the profitability of a retail business through efficient warehousing.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

Elementum

AUGUST 2, 2022

Welcome to Elementum’s Supply Chain Market Report. The direct impact of this phenomenon is weakened purchasing power of other currencies relative to the Dollar. Demand variability. As you know, every supply chain revolves around a Demand plan. Now, the Euro is at $1.02. barrels per day).

Sri Lanka 78

Sri Lanka Supply Chain Planning Software Supply Chain Software Procurement Analytics 78

Enterra Insights

SEPTEMBER 28, 2020

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. … With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data and advanced analytics.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

ThroughPut

OCTOBER 18, 2024

ThroughPut AI: Best for supply chain analytics and decision intelligence WATCH ON-DEMAND THROUGHPUT AI DEMO With Artificial Intelligence (AI) and Machine Learning (ML), a very powerful force comes into play in your supply chain decision-making processes with ThroughPut AI.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 52

6 River Systems

DECEMBER 11, 2018

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. At the very least, they should see a message indicating that the products are out of stock before they make the purchase. This is just good customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

SCMDOJO

JANUARY 17, 2024

Planning roles include: A supply chain planner analyzes performance and improves processes. A demand planner estimates the future demand for given products. (Do Do check out our Demand Planning Ultimate Guide ) A production planner ensures the required manufacturing output meets the demand.

Purchasing Skills 85

Purchasing Skills Negotiating Skills Optimal Sourcing Manufacturing Procurement 85

QAD

JANUARY 19, 2023

Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. The five basic components of supply chain management are: Planning – Organization matters.

Supply Chain Planning Software 98

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

ToolsGroup

OCTOBER 25, 2022

If you’re a distributor , you want to plan your inventory carefully so you’re not bogged down by storage costs for post-season items that limit your capacity as the next season approaches. You’ll want to make sure you’re sensing changes in demand quickly to capitalize on the season without being stuck with excess inventory afterward.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. By establishing clear communication channels and reporting, information can be shared promptly, preventing delays and misunderstandings.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

6 River Systems

JUNE 29, 2020

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. “Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain Trend

AUGUST 13, 2020

Third wave supply-chain planning software will play the machine role in the human-machine collaboration, enabling the knowledge worker to manage large amounts of data, use advanced analytics, and automate processes and decisions across the enterprise and the wider value chain.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

Supply Chain Game Changer

JULY 28, 2021

Moreover, they are valuable things to add to your resume, which may make a difference; you can get certifications for purchasing manager, production and inventory management, and many more. This is because you may have the best products, stored in the biggest warehouse, and customers that demand them.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Supply and Demand 98

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.

Supply Chain Planning Software 86

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 86

Unleashed

OCTOBER 11, 2018

Demand forecasting is the process of estimating the number of products that customers will be willing to purchase in the future. It involves leveraging data and analytics about your product and the market to closely predict customer demand over a particular time frame.

Forecasting 58

Forecasting Supply and Demand Forecasting Software Demand Planning Software 58

Supply Chain Game Changer

NOVEMBER 10, 2018

On the supply side, however, there is less and less room for manufacturers to absorb additional costs as volatile input prices put the squeeze on margins and the marketing investment required to differentiate branded products from private-label competitors continues to rise. Invest in the Right Infrastructure and People.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

ThroughPut

APRIL 6, 2020

Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfilment and production planning. This is very helpful, especially when you use data pulled from real-time analytics. Inventory control. Factory floor control.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59