RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Efficient supply chains strengthen collaborative relationships through automated communication systems and shared performance metrics.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

GlobalTranz

JUNE 14, 2017

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. If vendors fall behind on this metric, you may need to re-evaluate your partnerships or expand your list of approved vendors.

Procurement Analytics 191

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 191

Logistics Viewpoints

JULY 10, 2024

Fulfillment constraints can include how long it will take to deliver goods to a destination, warehouse capacity, and warehouse labor requirements. A planner could ask the SCP engine to achieve 95% service, with CO2 emissions under a million metric tons at a given factory in the coming month. This would be a three-way tradeoff.

Supply Chain Planning Software 317

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 317

Logistics Viewpoints

FEBRUARY 15, 2023

Our preliminary findings suggest that supply chain resilience has been increasing in importance over time, but still remains secondary to the end goal embedded in the perfect order metric – the right product, to the right place, at the right time. However, supply chain resilience is more than just a concept to practitioners.

Supply Chain Planning 290

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 290

RFgen

NOVEMBER 27, 2024

Supply chain optimization is crucial for enhancing efficiency and cost-effectiveness by providing end-to-end visibility, aligning with demand forecasts, and continuously improving processes through technology and analytics. Demand Forecasting: Analyze past data to predict future needs.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

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

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. What Is a Forecast Anyway? A forecast is not a forecast. Bear with me.

Supply and Demand 391

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 391

Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. 40-50% of items are not forecastable at an item/location level. Lack of aligned metrics.

Inventory Reduction 417

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 417

Logistics Viewpoints

OCTOBER 4, 2021

A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. Benchmarking the forecasting process is difficult. Forecasting Accuracy Was Terrible . No matter what kind of demand planning solution was used, forecasting accuracy dropped.

Supply Chain Performance 284

Supply Chain Performance Inventory Reduction Cost Reduction Strategies Supply and Demand 284

Logility

JUNE 7, 2023

Top 3 Demand Forecasting Mistakes —How To Avoid Them with Demand planning software Demand forecasting is a critical facet of successful business operations, acting as the helm guiding companies through the rocks hiding beneath the water of market demands. What is Demand Forecasting?

Supply and Demand 130

Supply and Demand Demand Planning Software Forecasting Software Forecasting 130

SCMDOJO

FEBRUARY 16, 2025

From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. Pathmind Pathmind leverages reinforcement learning to optimize warehouse and manufacturing processes, enhancing operational efficiency.

Optimal Sourcing 73

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Sourcing Strategies 73

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. The misalignment can result in multitude of negative consequences such as high warehousing costs, cash flow difficulties, loss of sales, which can lead to permanent loss of loyal customers.

Forecasting 105

Forecasting Forecasting Software Demand Planning Software Modeling 105

Logistics Viewpoints

MARCH 31, 2022

For logistics teams seeking to manage volatility and deliver more predictable, profitable results, five advanced technologies should be in their toolkits: digital control towers, warehouse task automation, warehouse robotics, dynamic price discovery and digital freight bidding. Warehouse Task Automation. Warehouse Robotics.

Logistics Network Optimization Software 292

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 292

SCMDOJO

OCTOBER 30, 2024

MTSS platforms facilitate hands-on projects where learners can apply statistical methods to identify trends, forecast demand, and optimize inventory levels. Through interactive tutorials and practical exercises, learners can become adept at using software for inventory management, transportation planning, and demand forecasting.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

GlobalTranz

JUNE 1, 2018

Warehouse managers face constant pressure to move more products, reduce damage, improve order cycle times, boost employee morale, and more. Legacy systems traditionally used for warehouse management are inefficient in the modern era; even systems in the 5- to 10-year age range. Fewer instances of employee theft.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Planning Software Optimization Software Forecasting Software 184

GlobalTranz

AUGUST 31, 2018

The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate. More importantly, demand for warehouse space is at an all-time high, and warehousing is still short two million workers. Optimize warehouse design. Even with 5.2 Download White Paper.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Forecasting Software 121

Talking Logistics

SEPTEMBER 12, 2017

Once you hit your monthly warehouse goals, there can be a pull toward maintaining rather than gaining on your goals. The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. A sense of complacency can lurk behind benchmarks. Don’t measure to justify.

Metrics 154

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 154

RFgen

DECEMBER 19, 2024

Understanding Inventory Management Software Features Modern inventory management software automates stock tracking across warehouses using real-time monitoring systems. These core functionalities replace manual processes with efficient digital workflows, including inventory forecasting.

Inventory Management Software 97

Inventory Management Software Analytics Software Supply Chain Planning Software Forecasting Software 97

RFgen

NOVEMBER 13, 2024

Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. It’s like having a magic wand that optimizes inventory levels, prevents shortages, and sharpens your demand forecasting—all from your smartphone.

Inventory Management Software 96

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 96

Supply Chain Opz

JANUARY 7, 2013

For other distribution channels such as retail stores, direct sales and other distributors, Apple Inc will keep products at Elk Grove, California (where central warehouse and call center are located) and supply products from there. Supply chain professionals also use this metric in inventory management function. Inventory Turnover.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

Logistics Bureau

JANUARY 21, 2025

An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Warehouse Design With warehouse design, some companies fall in love with a building first, then try to make their operation fit into it.

Supply Chain Design Software 98

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

Logistics Viewpoints

DECEMBER 14, 2021

I have to forecast my avocado sales, including seasonal patterns and promotional effects. Crowdsourcing of Drivers and Rider Forecasting. They can optimize courier and order matching, increase visibility, and track important metrics such as order lead time, OTIF, courier performance, and customer satisfaction.

Supply Chain Planning Software 295

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 295

Demand Solutions

DECEMBER 30, 2014

Relatively few companies have adequate measures of order fill rates or forecast accuracy. Make it your New Year’s resolution to start using this more granular metric. When an item is out of stock in their Massachusetts warehouse, they’ll overnight it from their Texas warehouse just to make sure they fill the order.

Forecasting 190

Forecasting Supply Chain Planning Supply and Demand Scenario Planning 190

QAD

JUNE 25, 2019

Managing inventory effectively is a delicate balancing act, affected by lead times, supply chain efficiency , demand variability, product complexity, product life cycles, warehouse space and practices, among other variables. Using Metrics to Measure the Health of the Business. Tracking, Managing, and Choosing Metrics.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

Logility

MAY 22, 2020

The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization. A great example of this comes from a Logility customer.

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

Logistics Viewpoints

MARCH 9, 2023

Concurrent Optimization for Lower Total Cost to Serve Traditional planning systems operate within the scope of classical silo definitions: demand forecasting, inventory optimization, replenishment planning, production planning, materials planning, transportation planning, order fulfillment, etc.,

Supply Chain Planning Software 283

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 283

Logistics Viewpoints

FEBRUARY 21, 2022

A network design model figures out where factories and warehouses should be located. The key solutions are demand forecasting/inventory optimization, supply planning, and network design. IBP seeks to balance the demand forecast with what can be made in the most profitable manner. This would be a three-way tradeoff.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 322

Logistics Viewpoints

JUNE 19, 2023

However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security. It also suggests that the total value delivered by AI will be more limited than consultants from McKinsey are forecasting.

Supply Chain Design Software 274

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 274

DELMIA Quintiq

JUNE 21, 2021

Warehouse management is no longer the static element in the supply chain, but an area that’s ready for smart transformation. This makes warehouse digital transformation a reality in order to sustain business and thrive amidst increasing competition and market pressures. billion in 2020 and is projected to reach USD $14.18

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Analytics Software 156

Supply Chain Shaman

DECEMBER 23, 2014

Cloud-based logistics and warehouse management are combining with B2B networks to enable multi-tier fulfillment. Aggressively design and test products online and then bring the data into your forecasting tools to predict sales of new products by channel. I would build my own warehouses or very carefully pick a 3PL partner.

Packaging 292

Packaging Inventory Reduction Supply Chain Design Software San Francisco 292

SCMDOJO

JANUARY 29, 2025

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs. What are Supply Chain Reports?

Inventory Reduction 98

Inventory Reduction Negotiating Skills Waste Reduction Cost Reduction Strategies 98

Supply Chain Shaman

OCTOBER 8, 2019

The design of the conference includes tours of several modern warehouses and centers of excellence. The budget is not sufficient and is often a detrimental input for supply chain forecasting. Why Is the Financial Forecast Not a Good Proxy for a Supply Chain Forecast? The supply chain forecast is a rolling forecast.

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. Determine Forecastability and Forecast Value Added (FVA). Executives will ask, “What is a good target for forecast error?”

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

Locus Robotics

JANUARY 10, 2025

Home January 10, 2025 Warehouse Automation Reflections for 2024 and What Lies Ahead in 2025: Part 3/3 Rick Faulk , Chief Executive Officer Now that Ive looked back at 2024 and offered my warehouse automation predictions for 2025 , lets turn to the three areas warehouse leaders should concentrate on to prepare their operations for the future.

Supply Chain Software 52

Supply Chain Software Resource Reduction Modeling Analytics Software 52

Logistics Viewpoints

FEBRUARY 2, 2023

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots. To learn more, visit Open Sky Group today.

Supply Chain Planning Software 273

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 273

Unleashed

MARCH 9, 2021

That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance. In this post, we’ll unpack ten top procurement metrics and why they matter. Warehouse space utilisation. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98