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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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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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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.

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Production Planning Software: Your Comprehensive Guide

Logility

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

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Rise. Or Rise-up?

Supply Chain Shaman

It provides services and tools built on the clean core approach by SAP, so you can migrate on-premise systems, transform business processes, drive continuous innovation, and unlock cloud agility.” ” Source: SAP Website The Discussion Not Held on the Stage The main event at the Forum was not on the main stage.

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Using Technology to build Sustainable Supply Chains

The Logistics & Supply Chain Management Society

Technology plays a key role in helping companies manage supply chain risk and underpins processes that improve sustainability. IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs.