Supply Chain Shaman

JANUARY 2, 2023

The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving. (The The team was not calibrated on the role of forecasting and the basics around process excellence. Models Matter. Be careful.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

Supply Chain Shaman

DECEMBER 7, 2023

Improve visibility across the networks that operate in self-serving business models. For example, change the business models so that Ariba must interoperate with GT Nexus, E2Open with Elemica, MPO (Kinaxis) with Nulogy, etc. Maximize the value of the purchase order flow data already in the existing networks. (A

Supply Chain Design Software 319

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 319

Logistics Viewpoints

MAY 11, 2023

How the digital twin concept drives benefit By using advanced analytics and machine learning algorithms, digital twins can provide real-time insights and recommendations to optimize operations, reduce costs, and increase productivity. Physical change (i.e., changing the structure of the warehouse, modifying processes, etc.)

Modeling 270

Modeling Analytics Software Supply Chain Design Software Optimization Software 270

Supply Chain Shaman

MAY 26, 2023

The basic frame of supply chain planning–functional taxonomies for optimization on a relational database–must be redesigned before supply chain leaders can reap the benefit of deep learning, neural networks, and evolving forms of Artificial Intelligence (AI). Or a unified data model across source, make, and deliver for planning?

Optimal Sourcing 345

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 345

Supply Chain Shaman

NOVEMBER 21, 2022

” As I dipped my spoon into some scrumptious chestnut soup at a great restaurant, my companion asked, “With the advancements in optimization and self-learning, aren’t we close to having self-driving supply chains?” However, the prior beliefs of functional efficiency delivering supply chain excellence linger.

Supply Chain Planning Software 301

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 301

SCMDOJO

SEPTEMBER 20, 2024

Before COVID, we have observed conventional forms of business working models but after COVID-19, the surge in non-retail, e-commerce, and online businesses has changed the working models. While inventory optimization, it is important to analyze the current stock status per individual SKU, dead stocks, demand, capacity, and forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Modeling Price Mitigation Strategies 52

Logistics Bureau

DECEMBER 4, 2023

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 75

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 228

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 228

Supply Chain Shaman

SEPTEMBER 10, 2023

Was it that Kraft was not clear in its definition of supply chain excellence (which was true) or not clear on how to best use the system (which was also true)? The basic taxonomy of supply chain planning–the framework for a series of optimization engines– has not changed. What defines supply chain excellence?

Supply Chain Planning Software 259

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 259

Elementum

FEBRUARY 7, 2024

Digital Process Optimization: Streamlining Business for Efficiency In the race to streamline operations and elevate efficiency, Digital Process Optimization (DPO) emerges as a critical strategy for businesses looking to innovate and scale. Key Takeaways Digital processes enhance business agility and operational efficiency.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Supply Chain Shaman

SEPTEMBER 13, 2023

The issues are largely rooted in politics and the lack of clarity on supply chain excellence. The distribution models were never tested when implemented. As a result, after four years of the initial go-live, the team blindly used planning models, distorting the plan. Or planned orders to purchase orders?) The reason?

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388

Supply Chain Shaman

OCTOBER 5, 2018

The Company;s senses consumer preferences to change and align their portfolio to deliver personalized products for purchase anytime and anywhere. In just a few years the company went from a limited range of brands and SKUs to a highly complex business model. It is one of the most effective regional/global governance models studied.

Case Study 263

Case Study Inventory Reduction Agile and Lean Supply Chain Study 263

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. There is valuable time and effort put in by both the supplier and the purchasing party.

Procurement Solutions 252

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 252

Supply Chain Shaman

DECEMBER 27, 2022

In the process, there is a fine line between marketing hype and overpromising, making buying difficult. On the website, there is no definition, but the implementations focus on a deeper optimization using traditional APS taxonomies in a Graph database. Yet, the models depict traditional supply chain software deployments.

Supply Chain Software 406

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 406

Logility

SEPTEMBER 1, 2023

Smart Data Analysis: AI algorithms excel at handling large amounts of data , such as sales history, market trends, and customer behavior. By using AI, demand forecasting models can identify patterns and connections within the data, leading to more accurate predictions.

Forecasting 173

Forecasting Forecasting Software Demand Planning Software Modeling 173

Locus

AUGUST 5, 2024

However, it was only in the past two years, with the introduction of Generative AI and Large Language Models like (LLMs) like ChatGPT that we are seeing mainstream adoption. While the overall optimism around deployment of technology, embellished with AI capabilities, is strong, clarity on its exact use cases is still highly sought after.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Modeling Supply Chain Software Agile and Lean Supply Chain 52

ToolsGroup

DECEMBER 11, 2023

Since the start of the Covid-19 pandemic, 79% of consumers have indicated that they are looking for more bargains than before, and 46% say they are willing to wait to purchase at a better price “no matter how long it takes”. They train the consumer not to buy in-season because they can come back in three months and get a discount.

Price Reduction 156

Price Reduction Pricing Training Modeling Inventory Reduction 156

Supply Chain Shaman

JULY 23, 2023

Why is there a discontinuous line on the model?” This model reminds me of a snail. In each phase, companies refine the models until they find that the future is discontinuous. The enterprise-centric models, due to the lack of adaptability, cannot shift to use market data. This is not a lift and shift proposition.

Supply Chain Planning Software 339

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 339

ThroughPut

MAY 16, 2024

That’s where AI-powered supply chain optimization can make a difference. Businesses have streamlined operations, minimized costs, maximized efficiency and improved customer satisfaction levels by following advanced supply chain optimization techniques. What is Supply Chain Optimization? Both can be perilous for businesses.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

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. Inventory Optimization. However, this also comes with its planning challenges.

Supply Chain Planning Software 220

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 220

Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 79

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 79

Logistics Viewpoints

APRIL 24, 2023

The visibility to spend allows them to provide excellent benchmarking in several areas. Initially, this product will focus on the purchase order (PO) acceptance process. Using supply chain design to help time the investment and select the optimal location is a perfect use case. That has recently changed.

Supply Chain Design Software 228

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 228

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 236

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 236

SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

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. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 233

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

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra Technology investment is one of what we believe will be a series of purchases to build inter-enterprise cloud-based software platforms to redefine supply chain planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

AIMMS

MAY 4, 2016

Getting buy-in agreement and changing your company culture to embrace analytics is often more difficult. A Center of Excellence (COE) can help you start off with the right team structure, engage the right stakeholders and put you on the right path to implementation. How do you get buy-in and agreement? Distributed Teams.

Prescriptive Analytics Software 120

Prescriptive Analytics Software Analytics Software Eliminating Excel in Purchasing Supply Chain Software 120

Supply Chain Shaman

APRIL 16, 2024

Outside-in Planning: Modeling based on channel and supply network signals. The discussion should start with a redefinition of the model. I love new forms of analytics, but I think we need to rethink the models and the overall approach to maximize value. In an outside-in model, market data is used to classify demand flows.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service. How easy is the item to forecast and plan? -

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Supply Chain Shaman

OCTOBER 4, 2018

I wanted to say, “You let the consultants influence you to buy the wrong technologies based on IT standardization. Supply chain planning is all about better math and modeling. Most planning happens in Excel Spreadsheets. Hands quickly went up to defend the use of Excel Spreadsheets. Use of Excel Spreadsheets.

Inventory Management Software 272

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 272

DELMIA Quintiq

DECEMBER 28, 2020

Working with Excel spreadsheets does not contribute the efficiency, speed and agility necessary for planning teams to bring the best plans to the company. Here, planning solutions with optimization fit very well with this concept. Figure 1 shows a dashboard that exemplifies this concept.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Prescriptive Analytics Software 296

Supply Chain Shaman

FEBRUARY 16, 2024

Running optimizers frequently introduce noise and error into a complex system. and from a series of labor-intensive meetings that delay decisions to powerful insights for modeling.) In today’s processes, we move data into jails (relational databases) and then run optimizers. Adaptive Model Redefinition Through Learning.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 390

Logistics Bureau

OCTOBER 10, 2022

Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. But ultimately, it comes down to what you assess as optimal inventory performance for your organisation. 1: Service Levels.

Modeling 97

Modeling Inventory Reduction Network Optimization Supply Chain Optimization 97

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. There is valuable time and effort put in by both the supplier and the purchasing party.

Procurement Solutions 156

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

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. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Kinaxis Purchase of Rubikloud. The purchase of Rubikloud by Kinaxis shows just how little the Kinaxis team knows about demand management.

Supply Chain Design Software 307

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 307

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Optimism and Reconnection.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221