Supply Chain Shaman

JANUARY 7, 2025

Each supply chain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions. To build an outside-in model, and use new forms of analytics, we must start the discussion with the question of, “what drives value?” My advice?

Optimal Sourcing 326

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 326

The Logistics of Logistics

JUNE 14, 2024

trillion distortion inventory problem. Karl is the CEO and Co-founder of Pull Logic , an AI-enabled tech company focused on reducing lost sales for retailers, brands, and manufacturers due failure points in the supply chain and selling processes. Karl Swensen and Joe Lynch discuss solving the $1.8 Summary: Solving the $1.8

Inventory Reduction 225

Inventory Reduction Inventory Inventory Management Software Modeling 225

Supply Chain Shaman

APRIL 15, 2020

This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Replenishment will vary more than ever market-by-market—focus planning models on markets. This type of planning needs to be deployed by all consumer manufacturers.

Supply Chain Planning Software 439

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 439

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 Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. Models Matter. Be careful.

Supply and Demand 372

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 372

ToolsGroup

OCTOBER 14, 2024

This article will examine the challenges Belcorp faced with managing its extensive product range and complex supply chain and how our solution set, which includes Service Optimizer 99+ (SO99+), Demand Planning, and the Multi-Echelon Inventory Optimization (MEIO) model, transformed their operations.

Modeling 156

Modeling Supply Chain Planning Software Inventory Reduction Supply Chain Optimization 156

Logility

JUNE 28, 2022

With Starboard’s Digital Twin Technology, Logility Clients Can Better Answer “What if” Scenarios and Optimize Supply Chain Networks to Overcome Disruptions and Drive Growth. The solution is built for continuous use, eliminating the need for a consulting project to model potential resolutions to unexpected supply chain disruptions.

Optimal Sourcing 250

Optimal Sourcing Network Optimization Software Logility Supply Chain Network Software 250

Logistics Viewpoints

MAY 19, 2022

Supply chain optimization has also improved in significant ways that can address these trade-offs better than before. Operational innovations like the invention of containers led to the huge growth in global value chains, and today 95% of manufactured goods move on ships. Supply chain optimization for today’s realities.

Optimal Sourcing 245

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 245

Enterra Insights

DECEMBER 17, 2024

A term once prominent in supply discussions optimization isn’t heard quite as often as it used to be. That doesn’t mean optimization isn’t as important now as it has been in the past. Also, validated financial statements are key in the underlying optimization models. Quite the opposite.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Supply Chain Shaman

DECEMBER 27, 2022

On the website, there is no definition, but the implementations focus on a deeper optimization using traditional APS taxonomies in a Graph database. McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I What is a digital brain? I have no idea.

Supply Chain Software 404

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 404

Supply Chain Shaman

JULY 31, 2024

How should a global manufacturer make a decision? In short, the research tells me that the manufacturing industries are stuck. In contrast, for a global manufacturer, the answer is more complex. Coefficient of Determination or R² measures how well a statistical model predicts an outcome. ) What defines a feasible plan?

Supply Chain Planning Software 363

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 363

ToolsGroup

SEPTEMBER 23, 2022

BOSTON (September 23, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a Leader in the IDC MarketScape: Worldwide Inventory Optimization 2022 Vendor Assessment. .

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

Supply Chain Shaman

NOVEMBER 9, 2023

Translation of the demand forecast into planned orders to minimize manufacturing constraints. Use of optimization to consume planned orders into manufacturing scheduling and distribution requirements planning (including inventory optimization of safety stock). The focus is on functional optimization.

Optimal Sourcing 348

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 348

DELMIA Quintiq

SEPTEMBER 17, 2020

Some manufacturers saw a complete devastation of their keg businesses. Beer manufacturers that mainly relied on on-premise consumption are beginning to rethink their business models. As such, manufacturers need to produce smaller batches with shorter production runs. billion liters less than in 2019.

Modeling 296

Modeling S&OP Supply and Demand Scenario Planning 296

Logistics Viewpoints

AUGUST 1, 2024

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand. This collaboration enables faster response times and cost savings.

Modeling 263

Modeling Network Optimization Supply Chain Design Software Material Savings 263

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 341

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 341

Logistics Viewpoints

FEBRUARY 20, 2024

Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model.

Sourcing Strategies 245

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 245

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain. The reason? Changing an industry is tough.

Supply and Demand 384

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 384

Logistics Viewpoints

FEBRUARY 21, 2022

The primary payback for demand and supply solutions comes in the form of reducing the amount of raw material, work-in-process, and finished goods inventory a company needs to carry. A network design model figures out where factories and warehouses should be located. Each time horizon usually has its own model associated with it.

Supply Chain Planning Software 276

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 276

Logistics Viewpoints

OCTOBER 17, 2022

Robust supply plans can optimize across distribution, manufacturing, and logistics constraints and deliver an optimal plan that hits service objectives at the minimum cost. It is better to have an optimized plan than not, but money is left on the table. Usually, a supply plan can’t be fully executed.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Optimization 290

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. The result was restatement.

Supply Chain Design Software 315

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 315

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? Do you have whiplash yet?

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

DELMIA Quintiq

APRIL 6, 2020

In any regular year, manufacturers of seasonal foods such as ice cream, beer and BBQ meat have to deal with uncertainty because consumption of their products are highly dependent on food trends and the weather. Demand planning, however, gets even tougher for manufacturers with the COVID-19 outbreak in 2020.

Scenario Planning 296

Scenario Planning Supply Chain Planning Software Food Modeling 296

Supply Chain Shaman

JUNE 9, 2023

The discussions included the pros and cons of probabilistic versus deterministic optimization, advancements in Artificial Intelligence (AI) and Deep Learning, and improvements in Machine Learning. Each box has an optimizer that drives output from a model based on a functional definition using enterprise data. The reason?

Optimal Sourcing 305

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 305

ToolsGroup

NOVEMBER 8, 2021

BOSTON (Nov 8, 2021) – ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Mi9 Retail’s Demand Management business. Agile supply chain management remains a core mission that manufacturers, distributors and retailers must get right.

ToolsGroup 317

ToolsGroup Modeling Demand Management Demand Planning Software 317

DELMIA Quintiq

SEPTEMBER 28, 2023

This is where inventory meets the supply chain. How the food Industry can optimize its supply chain for festivals Many event planners and teams focused on the supply chain may also wonder about possible food or beverage shortages. How do you keep food plenty and mugs full?

Optimal Sourcing 333

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Optimization 333

ToolsGroup

SEPTEMBER 26, 2023

The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supply chain and price optimization solution available. At Event Network, we aim to optimize the retail potential of experiential attractions.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 174

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 174

ToolsGroup

JULY 28, 2023

BOSTON – August 3, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for Supply Chain Planning Solutions (July 2023).

Gartner 290

Gartner Supply Chain Planning Software ToolsGroup Vendor Strategies 290

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. Rolling up a perpetual inventory signal takes eleven hours. Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing.

Supply Chain Planning Software 340

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 340

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. In the complex world of supply and demand, inventory optimization ensures a perfect balance between having too much and not enough stock.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

RFgen

DECEMBER 19, 2024

But between rising costs, complex logistics, and the constant struggle to optimize space and labor, staying ahead can feel like an uphill battle. That’s where warehouse optimization comes in. Here’s what you can expect: A clear definition of warehouse optimization and its core components. Ready to get started?

Optimal Sourcing 76

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 76

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. For instance, Chuck by 6 River Systems is a collaborative robot that leverages AI and ML to prioritize work and optimize picking routes in real-time.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Logility

SEPTEMBER 12, 2024

From retail and food and beverage to manufacturing and life sciences, companies from a wide variety of industries are realizing the benefits of the technology, revolutionizing how they operate, collaborate, and generate value. Retailers are leveraging cloud-based platforms to optimize inventory management and enhance customer engagement.

Supply Chain Planning Software 197

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 197

Logistics Viewpoints

JULY 10, 2024

Supply chain resilience refers to planning for things that could go wrong and then creating inventory buffers or contingency plans. SCP solutions provide a solid ROI based on hitting targeted service levels with less raw material, work-in-process, or finished goods inventory. Supply planning engines “optimize” the schedule.

Supply Chain Planning Software 251

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 251

AIMMS

FEBRUARY 16, 2021

It provides an early warning system that helps business stakeholders sense and optimize their responses. Namely, manufacturing, food, and healthcare. The top 3 bottlenecks companies experience tend to be poor internal alignment between departments, raw material and product availability, and inventory levels and management.

Modeling 311

Modeling Scenario Planning Supply Chain Planning Software S&OP 311

Logistics Viewpoints

FEBRUARY 8, 2021

End users – supply chain practitioners working for manufacturers, distributors, or retailers – can attend for free. Led some supply chain planning supplier to create new digital twins – new supply chain models – that model this supply chain much deeper than it had been previously modeled.

Supply Chain Planning Software 306

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 306

ToolsGroup

MARCH 4, 2020

Over the years we’ve built strong relationships with hundreds of global companies, and we hear the same challenges again and again: they can’t accurately plan for intermittent demand, they’ve got too much capital tied up in inventory, and their planners are overwhelmed by data management and complicated math. New product introductions.

Supply Chain Planning Software 270

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 270