The Smart Software

AUGUST 4, 2020

If you are a new professional in the field of inventory management, you face a very steep learning curve. There are many moving parts in the system you manage, and much of the movement is random. You may find it helpful to take a step back from the day-to-day flow to think about what it takes to be successful. Here are six suggestions that you may find useful; they are distilled from working over thirty five years with some very smart practitioners.

Inventory Management Software 59

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 59

American Global Logistics

AUGUST 4, 2020

Supply chain complexity and uncertainty are here to stay. To put this another way, supply chain risks are on the rise. And they show no signs of abating. Supply chain disruption abounds. You have increasing conflict, changing customer requirements, increasing regulation, trade wars, and Black Swan events, to name a few. With increased risks come […].

Supply Chain Risk Management 40

Supply Chain Risk Management Risk Management Supply Chain Supply Chain Disruption 40

Gravity Supply Chain

AUGUST 6, 2020

Supply chain and rugby managers require complex communication and collaboration strategies using real time data and insights for competitive advantage. Leave a Reply [contact-form-7].

Supply Chain Strategy 52

Supply Chain Strategy Strategy Price Mitigation Strategies Supply Chain 52

Arkieva

AUGUST 5, 2020

In the simple version of supply chain management (SCM) the goal for demand forecasting in the tactical decision tier is prediction accuracy. In the wiser version, the purpose is expanded to include an understanding of your demand (demand profiling). Machine Learning and AI: Profiling Demand History – A Wiser Forecasting was first posted on August 5, 2020 at 8:11 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

Forecasting 148

Forecasting Forecasting Software Supply and Demand Modeling 148

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The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.

Supply Chain Strategy

AIMMS

AUGUST 3, 2020

Sales and Operations Planning has become the preferred method to facilitate clear and formal communication between the demand and supply sides of a business. However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning , Supply Chain Research Team, 4 May 2020).

Scenario Planning 398

Scenario Planning S&OP Modeling Supply and Demand 398

Logistics Viewpoints

AUGUST 5, 2020

In April I discussed the widespread impact of the Covid-19 pandemic on supply chain and fulfillment, and provided a WMS market update in which I predicted a market downturn in 2020 to be followed by a rebound in 2021. During the process of developing my WMS market forecast, I made assumptions for each quarter of 2020. And indeed, I took into consideration the macroeconomic forecasts for an abysmal Q2 2020.

Warehousing 326

Warehousing Forecasting Logistics Forecasting Software 326

DELMIA Quintiq

AUGUST 4, 2020

What aerospace manufacturers need is agility in their design and production processes to help mitigate the variability in supply and demand. Additive Manufacturing (AM) is one innovation in which aerospace companies have significantly invested to try to address some of their unique challenges. What are the benefits? Additive Manufacturing is accelerating the development phase and reducing time to market.

Aerospace 296

Aerospace Material Savings Expense Reduction Cost Reduction Strategies 296

River Logic

AUGUST 5, 2020

Supply Chain Optimization 180

Supply Chain Optimization Supply Chain Modeling Supply and Demand 180

GlobalTranz

AUGUST 4, 2020

Supply chain leaders have faced significant challenges in the past, and in 2020, the supply chain coronavirus crisis has put a spotlight on the need for supply chain resilience and integration. Among these, integrated reverse logistics strategies can make or break successful operations. Failure to consider the ways in which the disruption affects all parts.read More.

Reverse Logistics 230

Reverse Logistics Logistics Network Optimization Software Supply Chain Strategy Supply Chain Software 230

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Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

Optimal Sourcing

Logistics Viewpoints

AUGUST 4, 2020

There was a time when Mumbai’s dabbawalas (lunchbox carriers) were known for their efficient supply chain and logistics. But the COVID-19 incursion changed the lives and livelihoods of Mumbai’s dabbawalas. Their lives can neatly be compartmentalized into BC and AC – before COVID-19 and after COVID-19. Scenario Before COVID-19 Mumbai’s dabbawala service was legendary for its reliability.

Scenario Planning 307

Scenario Planning Supply Chain Logistics Network Optimization Software Food 307

Enterra Insights

AUGUST 3, 2020

Prior to the novel coronavirus pandemic, supply chain professionals labored in near-anonymity. When the outbreak hit the world like a wrecking ball, supply chain operations became front page news. Professionals who once labored in obscurity suddenly received a lot of attention. The pandemic taught supply chain professionals a lot about the resiliency of their supply chains.

Modeling 169

Modeling Supply Chain Planning Software Supply Chain Design Software Scenario Planning 169

AIMMS

AUGUST 3, 2020

Sales and Operations Planning has become the preferred method to facilitate clear and formal communication between the demand and supply sides of a business. However, one-third of SCP leaders cite “the lack of effective decision making in the S&OP meeting process as the most critical problem to solve for their function’s overall performance” (source: Gartner, Improve S&OP Decision Making Through Scenario Planning, Supply Chain Research Team, 4 May 2020).

Scenario Planning 156

Scenario Planning S&OP Modeling Supply and Demand 156

GlobalTranz

AUGUST 3, 2020

[link] Every supply-chain on the planet is clamoring for the best way to future-proof operations against possible disruption. The COVID-19 crisis emphasizes the dramatic problems created with single sourcing strategies. Unfortunately, the strategies are simply so ingrained in the supply chain that many organizations have still yet to diversify their networks.

Sourcing Strategies 227

Sourcing Strategies Supply Chain Strategy Transportation Management Price Mitigation Strategies 227

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

Optimal Sourcing

Logistics Viewpoints

AUGUST 7, 2020

According to the National Hole-in-One Registry, the odds of the average golfer making a hole-in-one are 12,000 to 1. I was actually a little surprised by the odds, as I would have assumed that they were much lower. Last Friday afternoon I received a text message from my mom letting me know that she had just sunk her first hole in one after 30-plus years of golfing.

Logistics 57

Logistics Supply Chain Supply and Demand 57

ToolsGroup

AUGUST 3, 2020

It’s notoriously difficult to optimize inventory for aftermarket parts. You need to maintain high service levels, but sporadic demand and an infinite number of SKUs frequently lead to waste, excess cost and product obsolescence. Probability forecasting offers a more accurate way of predicting customer behavior and staying prepared, especially for items with long-tail demand.

Inventory Reduction 156

Inventory Reduction Waste Reduction Optimization Software Supply Chain Optimization 156

ivalua

AUGUST 5, 2020

What is Invoice to Pay? Invoice to Pay is a request for payment by a supplier, and technology helps to make this simple, fast and more efficient for the Supplier and the Accounts Payable team. Invoice to Pay sits at the end of a Procurement process that starts with a need, moves through selecting and contracting with a supplier and ends with delivery of goods or services. .

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Supply Chain Software Supply Chain Network Software 130

GlobalTranz

AUGUST 7, 2020

The current year has been anything but ordinary. Supply chains are trying to fulfill more e-commerce orders, and out-of-stock SKUs have become almost expected. Meanwhile, the massive surge in demand continues to push forward another aspect of logistics—reverse logistics. Reverse logistics costs further contribute to higher total cost of ownership within the supply chain and.read More.

Reverse Logistics 207

Reverse Logistics Logistics Network Optimization Software Demand Planning Software Logistics 207

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Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.

How To

Logistics Viewpoints

AUGUST 3, 2020

Being a socially responsible company can create a strong brand, a committed workforce, and loyal customers. It comes at a cost. The products will generally be more expensive, limiting sales. Progressive companies are often small, requiring them to use less-than-truckload. Less-than-truckload has adverse service and environmental impacts. In short, fair trade and environmental initiatives lead to socially responsible manufacturers having more complex supply chains.

Manufacturing 218

Manufacturing Logistics Network Optimization Software Supply Chain Logistics 218

PINC

AUGUST 3, 2020

McKinsey & Co., and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. Supply chain complexity is increasing as customers demand a wider selection of products, a broader choice of channels, and more promotional offers. With expectations of higher on-shelf availability and lower inventory costs, the pressure on delivery performance has intensified—as has the need for manufacturers, retailers, and ca

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Kuebix

AUGUST 4, 2020

Between companies regularly distributing, manufacturing or using construction products, the construction industry experiences a steady flow of business. One thing all construction companies can agree on is the importance of operating efficiently in order to meet project deadlines. There are a number of barriers between smooth logistics operations and successful project completion for the construction […].

Supply Chain Software 129

Supply Chain Software Logistics Network Optimization Software Industrial Industry 129

GlobalTranz

AUGUST 6, 2020

[link] The growth of omnichannel is subject to hype and fact. Some supply chain leaders and experts argue omnichannel is the improper term to describe the state of warehouse transformation today. Others voice concern over how warehouse transformation could increase costs when not adequately managed. Supply chain leaders need to understand why an omnichannel warehouse.read More.

Omnichannel 177

Omnichannel Video Warehousing Freight 177

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Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

Supply Chain Planning Software

Logistics Viewpoints

AUGUST 6, 2020

I’ve written previously about how I founded FourKites in 2014 to help shed light on the vast blind spots that exist throughout our complex and interconnected global supply chains. Our focus for the first several years was to build a state-of-the-art platform that would give the world’s biggest shippers, and their carrier and broker partners, real-time data about the location of their freight when it’s in transit.

Real-time Visibility 205

Real-time Visibility Supply Chain Software Supply Chain Optimization Supply Chain 205

Supply Chain Game Changer

AUGUST 4, 2020

Coronavirus Exposes Global Supply Chain Fragility! The Coronavirus pandemic continues to wreak havoc throughout the world. In some places the pandemic has been controlled and life is getting back to a new normal. Yet in many other cases the pandemic is spreading aggressively and even realizing a devastating resurgence, particularly in the United States.

Video 128

Video Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 128

Enterra Insights

AUGUST 4, 2020

As countries struggle with the coronavirus pandemic, one hears and reads a lot about the “new normal.” Normalcy is defined as the state of being usual, typical, or expected. Look back a year ago and few, if any, supply chain professionals had a pandemic high on their list of potential disruptive threats. They can be excused for this oversight.

Agile and Lean Supply Chain 113

Agile and Lean Supply Chain Supply Chain Planning Supply Chain Optimization Supply Chain Strategy 113

IT Supply Chain

AUGUST 5, 2020

By Tim Callan (pictured). Senior Fellow at Sectigo. The post Quantum entanglement and the search for quantum-resilient encryption appeared first on IT Supply Chain.

Supply Chain 105

Supply Chain Supply and Demand Industrial Industry 105

The 2024 Newcastle Systems Worker Satisfaction Survey provides insights into the life of a warehouse worker and what matters to them.

Warehousing

Adexa

AUGUST 3, 2020

According to a recent article by Gartner: “priority should be given to evolving the digital supply chain twin — can’t do anything E2E without this foundational capability.” Furthermore, they say that: “Before you can do the prediction and prescription (which together equals decision making) … you need to create a model of the supply chain upon which you can predict and prescribe.”.

Modeling 105

Modeling Optimization Modeling Modeling Software Gartner 105

ShipBob

AUGUST 3, 2020

What sounds like a lot of money? $339.7 million. $290.5 million. $186.4 million. $181 million. $163.5 million. $77.5 million. The figures above are the total funding that Casper, Warby Parker, Glossier, Away, Dollar Shave Club, and Allbirds have respectively received from venture capitalists (VCs) for a combined total of $1.24 billion. Direct-to-consumer (DTC) brands have been disrupting their traditional incumbent counterparts for some time now.

Trends 105

Trends Purchasing Skills Manufacturing Procurement Modeling Software 105

Enterra Insights

AUGUST 6, 2020

One of the unexpected consequences of the pandemic is a new appreciation by consumers for shelf-stable foods and other consumer packaged goods (CPG) products. Colin Stewart, Executive Vice President of Business Intelligence at Acosta, notes, “All industries are feeling its effects, but brands and retailers in the consumer packaged goods industry are among those on the front lines of this fight.

Packaging 100

Packaging Manufacturing Procurement Industrial Industry 100