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Elevating Inventory Management with Multi-Echelon Inventory Optimization

Logility

This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. Yet, recent research suggests a more advanced approach, Multi-Echelon Inventory Optimization (MEIO), surpasses traditional methods.

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ToolsGroup Announces Inventory Hub®, the Single Source of Truth for Real-Time Data Across the Enterprise

ToolsGroup

In a world of too little, too late, real-time data provides the actionable insights companies need to maximize inventory performance and business profitability. The highly scalable platform processes and analyzes data quickly and applies configuration to provide actionable views of inventory.

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A Treatise on Dogs That Do Not Hunt

Supply Chain Shaman

As an old gal attending multiple conferences (more than I would like at times), I have listened to speakers waft eloquently about the value of concepts like networks, big data, industry 4.0, For most digital became an excuse to implement more traditional relational database technologies. Most are excited about their new platforms.

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The 4 Best ERP for Manufacturing: Software Buyer’s Guide

Unleashed

Today there are countless software solutions for automating the manufacturing process. From product design through to production planning, nearly every aspect of building and selling products can be streamlined with modern tools. The best ERP software for manufacturers offers real-time data processing and reporting features.

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Autonomous Planning in Supply Chain: 4 Must-Haves for Next-Generation Platforms

Logistics Viewpoints

When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. And pretty much everyone realized that the old technologies used in planning are not going to cut it anymore when there are so many moving parts in the game.

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

Unfortunately, the industry is full of a lot of Anna(s) and her friends, the doubting Thomas (s). In the industry, supply-centric techniques reign with lots of bravado and messaging on control towers, Demand-driven Materials Requirements Planning (DDMRP), and generative AI. The distribution models were never tested when implemented.

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When Old Technology is Cutting Edge: The One-Year Anniversary of ChatGPT and the Benefits of AI in the Supply Chain Industry

Enterra Insights

Developed by Open AI as a large language model-based chatbot, the LLM allows end users to generate texts, code, and images. That’s raised myriad questions about how this powerful form of technology will potentially impact all of humanity. One such challenge is what supply chain model should be adopted.