Logility

MAY 6, 2021

Dramatic shifts are happening too quickly to reserve strategic planning as a traditionally annual exercise. Technologies that automate and accelerate the entire exercise help ensure forecasting and decision-making are flexible, nuanced, and responsive enough to allow the company to move forward rapidly.

Scenario Planning 239

Scenario Planning Modeling Supply Chain Planning Software Supply Chain Planning 239

ToolsGroup

JUNE 8, 2021

Solid online research and structured interviews with potential vendors are a better way to accomplish that initial shortlisting exercise. #5 One of the reasons for this is that filling out an RFI is an exercise in creative writing for most vendors. 5 Blind spots. As noted above, creating an RFI from scratch can take hundreds of hours.

Supply Chain Planning Software 245

Supply Chain Planning Software Forecasting Software Supply Chain Software Optimization Software 245

DELMIA Quintiq

DECEMBER 28, 2020

Part 2 in the series explores the “analytical scenario exercise” and how decisions based on certain scenarios heavily impact each aspect of the value chain. in decision-making, the ability to adjust plans quickly—or even to design an entirely new plan—is critical when deadlines are pressing.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Prescriptive Analytics Software 296

Logistics Viewpoints

JANUARY 13, 2022

However, the rapid shifts that companies are going through given the aforementioned trends, progressive companies are laying a robust data foundation and enabling a digital twin of the physical supply chain so they can conduct Design exercises on demand with increasing frequency.

Supply Chain Design Software 275

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 275

Supply Chain Shaman

AUGUST 18, 2022

To fill the time in the agenda, I developed the River of Demand exercise. So, I asked for a break and reorganized the room to facilitate my first river of demand exercise. He was not in the room, so as I faced the audience, I was forced to think on my feet and design an activity to help them understand the concepts.

Supply and Demand 259

Supply and Demand Demand Planning Software Supply Chain Planning Software Optimal Sourcing 259

ToolsGroup

AUGUST 20, 2021

For example, one modeling exercise determined that the firm was overstocking its fastest-moving items. So order frequency and order size impact demand uncertainty (shown as the vertical blue forecast bars in the image below) which then directly impacts inventory required.

Modeling 317

Modeling Inventory Reduction Inventory Forecasting 317

AIMMS

FEBRUARY 1, 2021

While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. Both are significant in size (at around $7.5Bn in revenue each) and complex enough to justify between 20-30 distribution centers. When the models are built, running scenarios with these large businesses can be a lot of fun.

Network Design Software 290

Network Design Software Supply Chain Design Software Supply Chain Network Software Network Design 290

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

We have seen many roadmaps and associated transformation exercises fail. Access to data to support decision making needs to be at our fingertips, and not require a significant exercise taking days to report. It is critical to ensure that the process evolution can be achieved when creating the roadmap.

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Asia 240

Kinaxis

MARCH 27, 2018

The ability of a machine to perform human-like functions such as perceiving, reasoning, learning, interacting with the environment, problem solving and exercising creativity to form plans, make decisions and achieve goals. Artificial intelligence.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Optimization 261

Logistics Viewpoints

AUGUST 1, 2024

They underwent a thorough Network Optimization exercise to identify the roadmap of transitioning to a hybrid offshore/nearshore model. Structural Changes in Supply Chains: Example: A consumer goods company decides to near-shore its manufacturing operations to reduce transportation costs and improve responsiveness.

Modeling 283

Modeling Network Optimization Supply Chain Design Software Material Savings 283

Logistics Viewpoints

AUGUST 18, 2022

Although it’s important to acknowledge that shippers bring varying levels of sophistication to the FTL budgeting process, for many companies it comes down to a bare bone, two-part exercise. First, budget teams do their best to estimate what the volume of loads will be during the upcoming period.

Forecasting 241

Forecasting Purchasing Skills Exercises Scenario Planning 241

Logistics Viewpoints

OCTOBER 21, 2021

However, with the new generation technologies, it now is practical to keep the data feeds fresh to make the modeling exercises a continuous, ongoing discipline. However, for this to happen, one has to lay the technology foundation to ensure Design exercises can be performed in a repeatable and timely manner.

Supply Chain Design Software 216

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Modeling 216

AIMMS

JANUARY 30, 2019

Care should be exercised though , because the same reasons that have made the technology more accessible should’ve made it more affordable. It’s time for companies to kick their spreadsheet habit. Lower infrastructure costs and advances in cloud computing have made supply chain optimization technology a lot more accessible.

Supply Chain Design Software 230

Supply Chain Design Software Supply Chain Network Software Network Design Software Network Optimization 230

ToolsGroup

APRIL 27, 2022

In addition to physical exercise, the stress-relieving advantages of contemplative exercises like yoga, meditation, and Tai Chi are well documented. Employees that have extensive computer usage must take out a few moments each day to carry out neck and eye exercises. Get Away From Your Desk with a Walk or Meditation.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Logility

OCTOBER 13, 2020

Hence the drive to move from orchestrated forecasting exercises to continuous planning, or “viewing the supply chain while it’s happening.” For planners, everything boils down to the need to know why (the causal) and the need to know the future (the predictive). Doing this means understanding the big picture and the fine details.

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 243

AIMMS

JANUARY 20, 2021

We hope it serves as a though-provoking exercise to improve your approach! Take it today to see how your inventory optimization process scores and benchmark it against peers. You can also opt-in to receive a detailed report with our findings. Responses are aggregated and kept anonymous.

Supply Chain Optimization 156

Supply Chain Optimization Price Mitigation Strategies Inventory AIMMS 156

AIMMS

JULY 23, 2019

Decision-making goes from a highly tedious and error-prone exercise to a process that combines computational intelligence with the business knowledge needed to analyze the optimizer’s results. Optimizers can quickly generate planning recommendations , enabling decision-makers to a test a greater number of scenarios and possibilities.

S&OP 278

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 278

Logility

JULY 26, 2022

Supply chain design is no longer the ‘create it, set it, and walk away’ exercise that it once was. The acceleration of e-commerce, impact of shortages, and ever-evolving shifts in customer demand and economic realities require a framework that is flexible enough to change under the best of conditions as well as the worst.

Supply Chain Design Software 173

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Optimization 173

Logistics Viewpoints

MAY 23, 2024

Collaboration and Skill Development: ISP fosters collaboration among process leads and stakeholders by involving cross-functional teams in scenario planning exercises. Automation ensures standardized planning activities, mitigating the risk of knowledge loss due to employee turnover.

Modeling 250

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Optimization 250

Logistics Viewpoints

MAY 26, 2022

This is not a continuous improvement exercise, but a matter of survival as greater unpredictability prevails in our markets, continually taxing resources, and challenging forecast accuracy on both the demand and supply sides.

Logistics Network Optimization Software 297

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 297

Supply Chain Brain

OCTOBER 13, 2022

Victoria Ma, digital and innovation lead for North America with Miebach Consulting, explains how the exercise of process mining can help supply chains achieve a new level of agility in responding to orders and unexpected changes in customer demand.

Agile and Lean Supply Chain 115

Agile and Lean Supply Chain North America Exercises Supply Chain 115

SCMDOJO

OCTOBER 8, 2024

It covers concepts in detail but offers very little in terms of practical exercises, real-world case studies, or detailed models. SCMDOJO offers an abundance of case studies, detailed models, and exercises that simulate the challenges professionals face daily. In comparison, SCMDOJO was designed to fill this gap. Click here!

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 90

ToolsGroup

SEPTEMBER 9, 2020

Planning becomes a modelling exercise, not a guessing game. By setting a solid foundation, inventory planning becomes a modeling exercise. Model for what can happen and apply a proper strategy and the chasing game is virtually gone. Can your demand forecasting system answer, “what if?”.

Forecasting 156

Forecasting Modeling Forecasting Software Inventory Reduction 156

Supply Chain Shaman

FEBRUARY 28, 2021

An exercise that I love to do in my training is to ask business leaders to draw data flow in their current decision processes. Today, organizations are larger, more complex, and the speed of business is faster. Companies want to make better decisions faster.

Supply Chain Planning Software 373

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 373

Logistics Viewpoints

AUGUST 9, 2022

More supply chain companies sharing more real-time data creates richer opportunities for benchmarking, analysis, insights and collaboration to drive business benefits for all parties.

Inventory Management Software 246

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 246

Logistics Viewpoints

AUGUST 7, 2024

Most end users and owner/operators find this to be an eye-opening exercise, as there are almost always rogue assets and other hitherto unknown assets lurking in OT networks, from insecure commercially available IP cameras to rogue wireless access points.

Warehousing 249

Warehousing Supply Chain Network Software Supply Chain Software Analytics Software 249

Supply Chain Shaman

JANUARY 15, 2018

There is a need to manage excitement and exercise caution. Figure 1: The Confluence of Technologies. In my 15 years as an analyst, I have never seen more promise. However, we are in a hype cycle. Sort fact from fiction. Exciting Trends. Redefinition of the System of Record.

Analytics Software 217

Analytics Software Supply Chain Planning Software Manufacturing Procurement Demand Planning Software 217

Logistics Viewpoints

FEBRUARY 2, 2023

Instead of manually entering data at set intervals throughout the month – an after-the-fact exercise prone to errors and omissions – an automated solution captures billable activities correctly in real-time, improving overhead utilization, cost control, and revenue leakage at once.

Supply Chain Planning Software 235

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 235

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. And what is sitting in the warehouse. And at the cross-dock. And in the rail car. Real-time visibility into “static goods” — wherever they may be — is the foundation for managing through volatility.

Rail Software 210

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 210

ToolsGroup

JUNE 13, 2017

Organizations cannot handle this stage with more people— they need better productivity from their planners , and they need those planners to be exercising their business acumen to add more value. Payne uses the analogy of the human brain.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Gartner Forecasting Software 209

SCMDOJO

OCTOBER 8, 2024

It covers concepts in detail but offers very little in terms of practical exercises, real-world case studies, or detailed models. SCMDOJO offers an abundance of case studies, detailed models, and exercises that simulate the challenges professionals face daily. In comparison, SCMDOJO was designed to fill this gap. Click here!

Supply Chain Design Software 81

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 81

Logistics Viewpoints

AUGUST 15, 2024

Keep in mind, these scenarios are not static; they continuously adapt and improve over time to enrich decision capabilities and become an integral part of the end-to-end planning process rather than isolated exercises. The role of AI in decision intelligence extends to both optimizing decision-making and enacting those decisions.

Modeling 267

Modeling Scenario Planning Sourcing Strategies Supply Chain Planning Software 267

Logility

MARCH 19, 2021

That said, your guidance should make it clear that reallocation of existing resources is preferred to numerous what-if exercises and lengthy trials, and that now is not the time to be developing new analytical capabilities. Second – and this one is cultural – it’s a good time to tell analysts that for now there are no bad ideas.

Beverage 143

Beverage Food Modeling Supply Chain Planning Software 143

AIMMS

JULY 23, 2019

Decision-making goes from a highly tedious and error-prone exercise to a process that combines computational intelligence with the business knowledge needed to analyze the optimizer’s results. Optimizers can quickly generate planning recommendations , enabling decision-makers to a test a greater number of scenarios and possibilities.

S&OP 156

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 156

Logistics Viewpoints

JUNE 26, 2023

This exercise was previously a cumbersome manual exercise done on a weekly basis for the top 45 stock keeping units (SKUs). Every day, as changes in demand and supply occur, Aera recommends the stock that needs to be moved from an origin facility to a new destination facility. The analysis was not all that accurate.

Supply Chain Planning Software 183

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 183