Logistics Viewpoints

SEPTEMBER 20, 2022

We need planning platforms to keep up with all the changes. This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations.

Supply Chain Planning Software 209

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 209

Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Most companies buy decision support technology, but do not redefine work to improve decisions. A shift from functional metrics to a balanced scorecard. Improved Forecast Value Added (FVA). Drives Value.

S&OP 332

S&OP Supply and Demand Forecasting Supply Chain Design Software 332

Supply Chain Shaman

JULY 25, 2021

Implementation of Sales Forecasting. The focus on sales forecasting started shortly after Y2k. Few companies measured the impact on error and bias through the rigor of Forecast Value Added (FVA) analysis. While the input from sales on market trends is invaluable, sales should never be asked to forecast. The reason?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The team was not calibrated on the role of forecasting and the basics around process excellence. ” The next call was with a technology provider. Bear with me.

Supply and Demand 372

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 372

Logistics Viewpoints

DECEMBER 14, 2021

Millions of shoppers, like my Dad, are not going back to their old habits because there are now faster and more convenient ways for buying daily household needs. It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. I have to forecast my avocado sales, including seasonal patterns and promotional effects.

Supply Chain Planning Software 210

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 210

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. It is just not enough to do a software upgrade or slowly push continuous improvement projects. He did this first by implementing demand sensing from Terra Technology (now E2Open) eight years ago. Nick does this well. The reason?

Demand Planning Software 254

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 254

Logistics Viewpoints

MARCH 27, 2023

When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts. Absolutely!

Forecasting 200

Forecasting Forecasting Software Modeling Optimal Sourcing 200

Supply Chain Shaman

FEBRUARY 18, 2021

The systems–based on shipment and order data–were out of step with the market. With fixed models and hard-wired data feeds, teams could not adjust the planning systems to use consumption data or market indicators. Initially, the output was published to procurement to design strategic buying strategies. The reason?

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 283

Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. These technologies are mature. I feel that many of these technologies are now legacy.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

Supply Chain Shaman

JUNE 3, 2013

At a time that marketplace offerings were super-hyped, I forecasted the doom of ten e-marketplace providers. I asked companies to “Navigate through the hype focusing on the feasibility of scope and technology.” At the time, the popular belief was that Enterprise Resource Planning (ERP) technologies would build multi-tier capabilities.

Supply Chain Design Software 258

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 258

Logility

MAY 22, 2020

Users are accustomed to building everything in Excel and manipulating the data as needed for their own particular use, typically using static reports or spreadsheets that are siloed in specific departmental needs. A key first step is to have buy-in at the highest level of the organization. Starting at the Top.

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

Supply Chain Shaman

JUNE 7, 2018

Or agreement on the definition of supply chain excellence. As a result, functional excellence anchors action. The focus is on digitization—automating today’s processes—versus rethinking process excellence based on the art of the possible. Confluence of New Technologies. Today, we find ourselves in a hype cycle.

Supply Chain Planning Software 230

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 230

Supply Chain Shaman

OCTOBER 29, 2014

The second step is usually a large implementation of a technology project–Enterprise Resource Planning, Customer Relationship Planning or Analytics. The first evolution of technologies were built by best-of-breed solution vendors. This new solution was favored by the Information Technology (IT) organization.

Supply Chain Planning Software 311

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 311

Supply Chain Shaman

AUGUST 21, 2015

The technology market is rife with unsubstantiated claims and myths. Each year, I publish a report analyzing the technologies in the S&OP space. I sent the report to technology vendors listed in the appendix with a deadline for feedback on factual accuracy for 5:00 PM EST on Wednesday. New technology is evolving.

S&OP 150

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Design Software 150

Supply Chain Shaman

DECEMBER 23, 2014

If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. Select your technology partners based on reliability and flexibility for ecommerce capabilities and aggressively build a multi-tier available-to-promise (ATP) signal to enable drop shipments and merge in transit capabilities.

Packaging 290

Packaging Inventory Reduction Supply Chain Design Software San Francisco 290

ShipBob

OCTOBER 24, 2022

Forecasting projections is one of the toughest things to get right. Whether your brand is experiencing gradual sales or is in high-growth mode , we’ll walk you through some tips to improve your ability to forecast demand. Jump to section: What is demand forecasting? Jump to section: What is demand forecasting? Conclusion.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Supply Chain Shaman

OCTOBER 7, 2012

Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? Common Platforms: The more that products are standardized and platforms are rationalized, the easier it is to design for agility. Q: You mention that Executive Buy-in is the biggest stumbling block. Is it S&OP?

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. Internal data alone won’t cut it.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Precoro

JULY 29, 2024

Businesses adopt online procurement systems to mitigate risks and to streamline requisitions, approvals, order placement, and spend management. However, with numerous e-procurement software vendors available, choosing the right tool can be overwhelming. Keep reading to learn: What is an online procurement system?

Procurement Solutions 82

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 82

Supply Chain Shaman

MAY 1, 2023

My primary insight is that many of the technology initiatives that were underway at the start of the disruption did not serve us well. We find that companies with an analytics center of excellence drove progress faster than those with a supply chain center of excellence. When you ask, “What defines supply chain excellence?”

Inventory Reduction 245

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 245

RFgen

DECEMBER 19, 2024

Choosing the right inventory management software , often referred to as an inventory control system, can be the difference between a well-oiled, profit-generating operation and one plagued by costly mistakes and inefficiencies. The right software empowers businesses to take control of their stock, optimize operations, and drive growth.

Inventory Management Software 73

Inventory Management Software Analytics Software Supply Chain Planning Software Forecasting Software 73

Supply Chain Shaman

JANUARY 31, 2022

Current technologies and processes focus on volume trade-offs. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Ironically, technology innovation is the highest that I have ever seen. The reinvention of planning is needed, but it is hard to unwind the industry.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. To manage this delicate balance of demand and supply, manufacturers often use statistical forecasting techniques to predict future demand by looking at historical sales data.

Forecasting 105

Forecasting Forecasting Software Demand Planning Software Modeling 105

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. The supply chain is a complex non-linear system. The budget is not sufficient and is often a detrimental input for supply chain forecasting.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Supply Chain Shaman

FEBRUARY 14, 2022

At the time, I was fascinated how the most mature teams bucked the system. However, this mature team found the technology insufficient. Tight coupling of the supply chain forecast to the financial forecast will improve value. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Performance on the Supply Chain Metrics That Matter.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Supply Chain Shaman

AUGUST 12, 2024

However, my worldview is that the larger shifts are far more systemic requiring a call for action that is going largely unheard. Forecastability. Today, due to the increase in the long tail of the supply chain and changing customer dynamics, less than 50% of items are forecastable at an item level. Let me explain. Not so today.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

Supply Chain Shaman

JUNE 6, 2015

The premise of the Christensen’s book is that when companies focus on current customer needs, they fail to adopt new technologies or business models that will meet the customer’s unstated or future needs. I think that IBM, HP, Microsoft, Oracle, SAP and Teradata are victims today in the information technology sector.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

MARCH 21, 2022

Technologies and processes need change. The supply chain is a complex non-linear system with many constraints increasing the need for strategic thinking, better modeling, and organizational alignment. Virtual teams need better and easier technologies to improve decision-making in a more variable world. .

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Supply Chain Shaman

FEBRUARY 7, 2022

Current technologies and processes focus on volume trade-offs. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Ironically, technology innovation is the highest that I have ever seen. The reinvention of planning is needed, but it is hard to unwind the industry.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logility

AUGUST 23, 2016

I have heard a number of supply chain professionals proclaim that their companies should stop forecasting product demand due to poor forecast accuracy. However, what is often overlooked is that moving to a pull strategy does not eliminate the need for a forecast. It’s the old Push – Pull argument. Financial Impact.

Forecasting 100

Forecasting Forecasting Software Supply and Demand Inventory Reduction 100

Unleashed

DECEMBER 6, 2021

For any wholesale business, software has become critical to survival. Competition is now so fierce – and national and international supply chains so changeable – that wholesalers need systems that are fast and reliable to keep up. So what should you keep an eye out for when you’re shopping around for wholesaling software?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Supply Chain Insights

AUGUST 29, 2017

It matters not what your metric is, you get the same results: too much of our trade spend goes down the drain, doesn’t it? Demand signals include shopping trends, digital footprints of shopping online or looking at recipes, talking to their neighbors and friends on social media, buying habits, and consumption data.

Supply Chain Planning Software 95

Supply Chain Planning Software Forecasting Software Predictive Analytics Software Modeling Software 95

SCMDOJO

FEBRUARY 20, 2023

This guide provides you with all the tools you need to make significant positive changes in a few simple steps. Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! Optimizing inventory can also be achieved by leveraging technology and data analytics.

Inventory Reduction 111

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 111

Supply Chain Shaman

OCTOBER 8, 2017

On one extreme, there is an argument that forecasts are always wrong, “Why do them at all?” ” 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.

Supply and Demand 157

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

SupplyPike

MAY 14, 2020

The importance of supply chain management What to watch while consumers are panic buying How to implement supply chain management Supply chain management and Walmart. In the case of online shopping, consumers expect excellent service, on-time supply, and convenient return procedures for unacceptable items. Learn about.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98