Supply Chain Shaman

APRIL 19, 2021

The Process of Software Selection. As the director of planning, Joe is involved in a multi-year process to select a new planning solution. I ask Joe, “How can a team be involved in a sales cycle for supply chain planning for eleven months and not be able to make a decision?” My struggle? ” Lora.

Supply Chain Planning Software 195

Supply Chain Planning Software Purchasing Training Eliminating Excel in Purchasing Demand Planning Software 195

Supply Chain Shaman

FEBRUARY 18, 2021

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Also, the solutions lacked flexibility. No company interviewed was able to successfully use their current what-if solutions to model pandemic impacts.

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 275

ToolsGroup

FEBRUARY 28, 2023

So we’re excited to be delivering significant enhancements to our solution and expanding our already formidable and innovative forecasting , inventory optimization , and replenishment capabilities that help our customers deliver on promises to their customers, while reducing inventory (and their carbon footprints) and boosting profitability.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 174

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 174

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. This could be why, according to Forrester, 82% of organizations regret their software selection within 12 months.

Supply Chain Planning Software 221

Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software Supply Chain Software 221

Logility

FEBRUARY 14, 2018

With increasing frequency, I have noticed blog posts touting the position that ‘demand planning is dead.’ Their solution: by sensing and reacting to customer demand at the point of purchase there is no longer a need for projecting demand based on history. ’ Why?

Supply and Demand 118

Supply and Demand Demand Planning Demand Planning Software Supply Chain Planning Software 118

Supply Chain Shaman

JANUARY 21, 2014

Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. Demand sensing is a process, automated by technology, that reduces demand latency. For the purchase of Tide at Walmart to translate to an order at P&G, the time is 5-7 days. Independent Demand.

Supply and Demand 322

Supply and Demand Modeling Demand Planning Software Forecasting 322

Logility

AUGUST 14, 2023

When it comes to implementing supply chain planning and operations solutions, success relies heavily upon an organization’s ability to identify and document its desired value measures and outcomes, and to align those with its solutions provider. 1 Co-develop a business case with vendors. 5 Hold one another accountable.

Supply Chain Planning Software 200

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 200

My Office Apps

DECEMBER 7, 2023

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? One area with significant potential for improvement is procurement. It involves building and managing strong relationships with suppliers.

Inventory Reduction 105

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 105

Supply Chain Insights

JUNE 12, 2017

Supply Chain Insights has just started a six month Putting Together the Pieces study on demand planning solutions. As we were preparing the questions to ask demand planning solutions providers, I realized I wasn’t quite clear on the differences between software deployment options. On-Premise.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Optimization Software 125

Supply Chain Shaman

JUNE 28, 2021

The group needed a clear market signal on consumption patterns and the translation of demand with minimal latency to optimize price, mix, and schedule the factory to manage margin. Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat.

Supply Chain Planning Software 229

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 229

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. Let’s face a hard fact: the supply chain planning market is a mess. They center on how to make a good decision in the purchase of supply chain planning solutions.

Supply Chain Planning Software 233

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

DELMIA Quintiq

JUNE 9, 2020

Only purpose-built solutions deliver realistic plans that can meet customer orders while managing the variability of supply and demand. Manufacturing Operations Management (MOM) and Planning & Optimization are both critical parts of the optimal solution.

Manufacturing Procurement 272

Manufacturing Procurement Optimization Software Supply Chain Optimization Price Mitigation Strategies 272

Supply Chain Shaman

MAY 21, 2024

When I was an analyst at AMR Research (purchased by Gartner in 2010), I used the framework shown in Figure 2, as a framework to discuss supply chain excellence. The concepts for the hierarchy were generated through work with Kinaxis and o9 Solutions. Demand plans go through multiple steps within an organization.

Procurement Analytics 336

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 336

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. (BTW,

Supply Chain Planning Software 313

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 313

ToolsGroup

JUNE 2, 2021

Selecting the right supply chain planning technology isn’t simply about solving a current challenge. The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supply chain strategy and business objectives. Implementing new supply chain planning software is not a one-and-done.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 156

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 96

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 96

Supply Chain Shaman

JUNE 20, 2014

However, what is clear from our recent study of 73 manufacturers using supply chain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied. Today, in many organizations, these solutions are legacy. Was it intentional? Or accidental?

Supply Chain Planning Software 300

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 300

Kinaxis

JUNE 25, 2019

I’ll be honest, it would be great to get everything from one supply chain software vendor. How free is free software? Why would we pay that much for supply chain planning software when our enterprise resource planning (ERP) vendor is actually giving some of those capabilities away? But do the economics work out?

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Supply Chain Planning Software Vendor Strategies Supply Chain Planning Supply Chain Software 197

Logistics Viewpoints

OCTOBER 12, 2023

Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.” There were design principles used as the solution was built: Any design element must enable an improvement in freshness (shelf life) that the customer would receive.

Supply Chain Design Software 266

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 266

Logility

AUGUST 31, 2023

This experience is not only frustrating industry executives – it’s compelling them to reassess their sales and operations planning (S&OP) process. Capacity planning drives production plans, cadence, and raw material procurement and has cost-justified an investment in small-batch processing equipment.

Consumer Goods 183

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 183

Logistics Viewpoints

JUNE 1, 2023

The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

Supply Chain Planning Software 224

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 224

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 120

Logility

MARCH 6, 2020

Stakeholders who care about forecasting in demand planning care about accuracy, and usually will not accept a new forecasting method unless it is rigorously validated against known forecasting benchmarks with proven accuracy. In this way, forecast accuracy trends can be leveraged in adjusting demand planning.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

ToolsGroup

JULY 6, 2021

Selecting and implementing a new supply chain solution is a risky career move for any supply chain manager. The wrong solution can cost the company millions and cost the manager their job. You may be smirking right now wondering about the validity of a supply chain software company singing the praises of a POC.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Procurement Solutions Modeling Software 156

DynaSys

JUNE 16, 2020

In this article, the second of the series analyzing the impact of COVID – 19 on demand planning (find here the first one), you will find a list of actions demand planners can do to correct and clean COVID’s impact on demand. This means the software would signal a lower tolerance to fluctuations in history.

Supply and Demand 90

Supply and Demand Demand Planning Demand Planning Software Supply Chain Planning Software 90

Logistics Viewpoints

AUGUST 22, 2022

In times of high inflation, LIFO alleviates the “inventory profit” that would result if old inventory, purchased at a lower price, was used to calculate profits. Demand Planning. Walmart executives fairly pointed out how difficult it is to forecast demand in times of economic turbulence. “As

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 221

ToolsGroup

JULY 30, 2024

MILAN, ATHENS, and BOSTON – 29 July 2024 — ToolsGroup and its Greek partner, THellas, announced that SLF Greece -a distributor of KIKO MILANO products in Greece, Cyprus, Bulgaria, and Romania- has implemented ToolsGroup SO99+ software.

ToolsGroup 156

ToolsGroup Modeling Supply Chain Planning Software Supply Chain Software 156

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Planning platforms can pull data from multiple internal and external data sources.

Supply Chain Planning Software 273

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 273

ToolsGroup

JULY 10, 2018

It often employs statistical metrics like MAPE (mean average percentage error), which has hit a wall in recent years due to increased demand volatility and this approach's mostly backward-facing nature. Demand Planning. A multi-step operational supply chain planning process used to create reliable forecasts.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

ToolsGroup

APRIL 3, 2020

There are a few solutions to this phenomenon. Increased replenishment frequency in smaller quantities can smooth out the flow, as can just-in-time ordering, integrated multi-level supply chain optimization and–in an ideal world–orchestrated demand signal sharing between retailers, distributors and manufacturers.

Supply Chain Planning Software 194

Supply Chain Planning Software Supply and Demand Supply Chain Strategy Supply Chain Planning 194

Supply Chain Shaman

DECEMBER 18, 2014

I had worked hard to teach the team presenting to talk the language of demand , but it was not understood at the board-room level. The group is cross-functional and serves the business by mining demand insights, sensing market patterns based on channel data, and recommends demand shaping programs based on analysis of revenue management.

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Forecasting Software 279

OptiProERP

MAY 3, 2021

Enterprise Resource Planning (ERP) solutions are now a dime a dozen. It’s for this reason that careful attention is needed when selecting the right ERP software for your specific business requirements. There are several options of software solutions to meet your supply chain management needs.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Procurement Solutions Analytics Software 93

Kinaxis

DECEMBER 12, 2017

When making discretionary purchases, I could look at my projection to make sure that if I made that purchase, I would have enough money in the bank, not only now, but at the end of the month when my mortgage and car loan came out. You create a new scenario within the tool and modify the forecast for the time period of the promotion.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Planning 193

AIMMS

DECEMBER 1, 2016

In this blog post, I will delve into 5 issues companies typically experience with their S&OP software. This makes S&OP implementation a difficult process, especially when it comes to finding the right tools. Finding Software to Drive S&OP: 5 Dysfunctions companies typically encounter . image source: [link].

S&OP 156

S&OP Prescriptive Analytics Software Supply Chain Planning Software Supply and Demand 156

Logistics Viewpoints

APRIL 10, 2023

Without an efficient supply chain, a company can’t meet the demand that exists, and competitors swoop in and grab market share. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. 25% of the products are purchased and then kitted by the company.

Security 230

Security Supply Chain Planning Jordan Forecasting 230

Supply Chain Shaman

SEPTEMBER 10, 2023

The software never expanded in scope to manage multi-tier inventories. The basic taxonomy of supply chain planning–the framework for a series of optimization engines– has not changed. Too few companies stop to answer the questions: Is the solution giving a good plan? Is the plan feasible? The reason?

Supply Chain Planning Software 259

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 259