Enterra Insights

OCTOBER 26, 2022

Keeping up with and making sense of all this data is far beyond the capabilities of traditional analytic methods. The staff at Predictive Oncology explains, “Machine learning and artificial intelligence (AI) are no longer the concepts of science fiction — they’re a $1.41 Tech journalist Christian Rigg agrees with Wang.

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path!

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Supply Chain Shaman

JANUARY 8, 2014

Which metrics do you think matter to supply chain excellence? Total Delivered Cost means capturing the end-to-end cost of the global operation: inbound freight, material purchases, inventory losses, yield losses, internal and external manufacturing, distribution, inter-facility freight, outbound freight, overhead, duties, taxes, tooling, etc.

Procurement Analytics 261

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 261

Enterra Insights

MARCH 13, 2018

Gary Cokins ( @GaryCokins ), founder of Analytics-Based Performance Management LLC, asserts, “Analytics is becoming a competitive edge for organizations. Once being a ‘nice-to-have,’ applying analytics is now becoming mission-critical.”[1] Organizations are drowning in data but starving for information.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Procurement Analytics 100

Talking Logistics

SEPTEMBER 13, 2016

Here are some tips on how to enable end-to-end visibility across your enterprise: Sense and respond are critical processes for supply chain visibility and can only be achieved through a collaborative network that is coupled with robust business process orchestration and advanced analytics.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

Supply Chain Shaman

JUNE 2, 2020

Instead, all of the disruptions to date had a predictable pattern: a devastating blow, a set of shock waves, and the re-establishment of a new normal. The supply chain response will need to be a local-focused program using analytics to sense shifts market-by-market based on consumption data. The answer is advanced analytics.

Supply Chain Design Software 263

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 263

Logistics Viewpoints

MARCH 1, 2021

It was predictable. What PMI needed, considering the long planning horizons, was a digital and analytics network design and supply optimization tool. As they heard promises about how easy it was to create models using various digital & analytics tools, they said “prove it.” PMI was not an easy prospect.

Modeling 275

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 275

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Kinaxis

OCTOBER 20, 2014

Over the next several weeks, I’ll outline these issues and discuss some ideas around how to avoid these practices. Reason #4 Making key decisions by modelling the supply chain in Excel. I lost track of how many carrots we had and ended up buying more when we really didn’t need any. How about tomorrow? still hard.

Supply Chain Planning Software 257

Supply Chain Planning Software Inventory Reduction Modeling Cost Reduction Strategies 257

The Logistics of Logistics

MAY 18, 2022

We are more into data acquisition and data analytics, which is one of the things we are going to talk about. Beyond The Data with William Sandoval: With the world of AI and machine learning, you’re starting to see that analytics are taking the forefront of things. Analytics are described and segmented into four ways.

Prescriptive Analytics Software 246

Prescriptive Analytics Software Data Analytics Software Predictive Analytics Software 246

Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Or as Boyle noted, machine learning can be used to predict consumer behavior. ”[2].

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Supply Chain View from the Field

NOVEMBER 25, 2013

HanesBrands supports many different brands including Champion, Playtex, Bali, and others. The goal was to “re-balance” their supplier scorecards, and seek to identify how to identify strategic suppliers. A John Deere team discussed how they attempted to build a predictive cost model.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Modeling Purchasing Skills 60

BlueYonder

FEBRUARY 26, 2024

Planning Faster : The Nordstrom’s then CTOstates, “We had to figure out how to get analytical data to make predictions that help us make additions, so that we can actually offer the most compelling experience to our customers, whether online or in-store. And that’s the journey we embarked on.”

Inventory Reduction 119

Inventory Reduction Predictive Analytics Supply Chain Planning Software Predictive Analytics Software 119

Jaggaer

MARCH 23, 2020

And most importantly, what augmented analytics can do for you. Read up on How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report. Analytics has been with us for some time – more than a couple of decades. Let’s step back first. And that, of course, includes procurement professionals.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

Supply Chain View from the Field

OCTOBER 4, 2015

As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Predictive Analytics Software Optimal Sourcing 60

Logility

DECEMBER 15, 2023

Planting the Seeds of Resilience Most companies understand that accurate forecasts are critical to minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently.

Optimal Sourcing 174

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

ShipBob

OCTOBER 24, 2022

How to forecast demand in 4 steps. How ShipBob makes demand forecasting easier. Demand forecasting is the process of using predictive analysis of historical data to estimate and predict customers’ future demand for a product or service. Demand forecasting allows businesses to optimize inventory by predicting future sales.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

In general, manufacturing operations collect data (often manually), but the challenge is that many may not have a clear idea of how to use it to impact the supply chain or cannot easily access it because it is locked in legacy systems. One of the most useful applications of data for manufacturers is predictive maintenance.

Manufacturing Procurement 105

Manufacturing Procurement Manufacturing Analytics Software Predictive Analytics Software 105

ThroughPut

JUNE 19, 2024

How much should you produce or purchase at a time? Inaccurate predictions, especially for seasonal and short-lifecycle products, can severely impact operations. To mitigate these risks, the F&B sector must harness advanced analytics and machine learning.

Supply and Demand 52

Supply and Demand Predictive Analytics Software Demand Planning Software Supply Chain Planning Software 52

Supply Chain Shaman

MARCH 21, 2022

With the surge, supply chains—accustomed to using the patterns of customer order and shipment data to predict future demand—were caught on the back foot. Over 93% of companies use Excel Spreadsheets to develop their plans. This is not about buying software, but rethinking what is possible. Build a Unified Data Model.

Modeling 284

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

Unleashed

MAY 19, 2020

Now it’s getting tougher – the craft brewing business has so many more breweries starting up and you need to compete smarter in this growing market, think about your customers more efficiently and focus on how to actually track and trace everything you need to make your beer. Then – most importantly – you need to ensure you can make a profit.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

AIMMS

JULY 9, 2015

On the other hand, there is a rising need for smarter and more flexible tools as well as more staff with analytical capabilities. Volatility impacts every aspect of a business, from purchasing to production to logistics. Is analytics playing a role in innovation? How can we respond to this set of challenges?

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Optimization Software Analytics Software 120

SCMDOJO

FEBRUARY 20, 2023

This involves understanding customer buying behaviour trends, seasonal variations, production schedules, and more. Optimizing inventory can also be achieved by leveraging technology and data analytics. Logistics KPI Dashboard Excel Template 4. However, forecasting always has some level of uncertainty.

Inventory Reduction 119

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 119

Arkieva

JUNE 21, 2016

How to ensure their buy-in? Where and how to use statistics? How to collaborate with key customers and channel partners? How to include the impact of external factors like weather, exchange rates, economic factors, … You can spend a lifetime understanding just this! How much inventory do we need?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Planning 97

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

Supply Chain View from the Field

DECEMBER 14, 2013

A common theme among CPO ’ s we interviewed in the was the need for transactional and financial excellence as a foundation for building credibility in the enterprise. Yet, a solid P2P system is just one facet of financial excellence; FUTUREBUY executives themselves must become finan cial expert s.

Optimal Sourcing 74

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 74

BlueYonder

JANUARY 31, 2023

Salim: Our automotive customers are increasingly looking at how to counter inflation but at the same time how to enable supply chain resiliency. The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers.

Automotive 114

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 114

Supply Chain Shaman

FEBRUARY 25, 2016

Analytical innovation and digital transformation drove step-change capabilities within the office and marketing. The question is, “How can the supply chain leader drive digital transformation to deliver transformational capabilities?”. Or to move from predictive analytics to prescriptive/cognitive capabilities to sense/learn and act?

Supply and Demand 150

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

BlueYonder

JUNE 12, 2019

Gina shares her journey working through enterprise software, taking lessons learned along the way to become a servant leader, using Objectives and Key Results (OKRs) to align her team, and ensuring she’s mindful that we are always teaching people how to treat us. . A former mentor and manager taught me that “you teach people how to treat you.”

How To 75

How To Supply Chain Planning Software Analytics Software Predictive Analytics Software 75

NC State SCRC

DECEMBER 30, 2018

One of our newest SCRC partners, Siemens Building Technologies, recently shared their insights on creating an analytics strategy. Carl noted that “Analytics strategy is like giving the whole organization a full body scan. Carl noted that “People initially have many different interpretations of what is meant by analytics.

Procurement Analytics 60

Procurement Analytics Analytics Software Predictive Analytics Analytics 60

Supply Chain Shaman

JUNE 6, 2015

I was running a factory, and I made a bet with the production team that I could schedule the lines through a heavy summer period and predict production needs adequately to predict when they could get weekends off to spend with their families. I used history to predict the future. It has taken us three years to learn how to plan.

Supply Chain Planning Software 150

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

Arena Solutions

OCTOBER 10, 2024

Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Today, Arena and Part Analytics have come together to share the story of one of our joint customers as a case study. This commitment was what led us to partner with Part Analytics.

Analytics Software 62

Analytics Software Negotiating Skills Sourcing Strategies Purchasing Skills 62

Enterra Insights

MARCH 9, 2021

To make this point, Fretty points to a number of questions manufacturers must address in the new digital landscape: How do you collect data? How do you make decisions using analytics? How can you continuously predict failures or ways to take advantage of opportunities, and then actually optimize? They include: 1.

Supply Chain Planning Software 130

Supply Chain Planning Software Industrial Industry Supply Chain Design Software 130

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

Precoro

JULY 15, 2024

The CPO leads the company's acquisition programs and ensures that they are purchasing goods and contracting services on time and in a cost efficient way. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105

ThroughPut

FEBRUARY 23, 2024

With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark. With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. We call this AI-powered ability to predict near-term demand as demand sensing.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

GlobalTranz

SEPTEMBER 8, 2015

This is the first post in a four-part series on how to achieve best in class shipper status. To have the best value per mile in transportation and shipping, a given shipper must have a working knowledge of how shipping processes operate. Analytics remains a chief concern of businesses in all industries around the globe.

Expense Reduction 120

Expense Reduction Cost Reduction Strategies Shipping Supply Chain Planning Software 120