ToolsGroup

JANUARY 15, 2024

Retailers can now quickly sense, predict, and respond to real-time changes in demand to better navigate market uncertainty to achieve maximum profitability. Working capital constraints are hitting retailers hard just as inventory-to-sales ratios are reaching their highest-ever levels.

Inventory Reduction 177

Inventory Reduction ToolsGroup Waste Reduction Price Reduction 177

ThroughPut

DECEMBER 6, 2023

Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.” What Is Predictive Analytics for Supply Chain?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Enterra Insights

NOVEMBER 26, 2019

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

ToolsGroup

FEBRUARY 16, 2022

BOSTON, February 16, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has partnered with Planalytics to integrate their weather-driven demand (WDD) analytics with ToolsGroup’s retail planning solutions, enabling customers to isolate, measure, and manage the influence of weather on their businesses.

ToolsGroup 177

ToolsGroup Procurement Analytics Predictive Analytics Analytics Software 177

SYSPRO Smarter ERP

JULY 2, 2024

AI for manufacturers Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. That indicates that manufacturers who adopt AI early could achieve a significant advantage over laggards.

Manufacturing 105

Manufacturing Prescriptive Analytics Software Modeling Software Inventory Management Software 105

SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Enterra Insights

JUNE 22, 2022

The irony of excess inventory. ”[3] He continues, “The past two years have been blighted by supply shortages — with just-in-time retailers struggling to ship their goods, electronics manufacturers staring down a shortage of computer chips, and supermarkets struggling to fill their shelves. ” Optimizing inventory. .”

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. Predictive analytics, demand planning and business forecasting have always been core functions for supply chain planners.

Predictive Analytics 94

Predictive Analytics Predictive Analytics Software Supply and Demand Supply Chain Disruption 94

ThroughPut

DECEMBER 22, 2023

If so, you can’t overlook the critical question of how to eliminate bottlenecks in manufacturing. In the world of manufacturing, bottlenecks are like those sneaky expenses that quietly chip away at your profits. Manufacturing and operations bottlenecks are more than just a financial headache. Not so much.

Resource Reduction 52

Resource Reduction Expense Reduction Cost Reduction Strategies Inventory Reduction 52

Enterra Insights

APRIL 21, 2021

The BCG analysts explain, “Today, another workforce transformation is on the horizon as manufacturing experiences a fourth wave of technological advancement: the rise of new digital industrial technologies that are collectively known as Industry 4.0.” So, it’s not a question of if but when AI will become the norm in the manufacturing sector.

Analytics Software 130

Analytics Software Big Data Predictive Analytics Price Reduction 130

RFgen

MAY 16, 2023

Inventory drives the supply chain, ensuring the right amount of stock is available in the right place at the right time. That’s why most inventory handlers leverage data. The role of data analytics in optimizing inventory management processes has become increasingly important. Enter automated data collection.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

Enterra Insights

FEBRUARY 22, 2022

The manufacturing sector covers such a broad spectrum of products and processes that any discussion about industry trends must take place at a very high level. One of the megatrends that has been driving manufacturing for over a decade is digitization. Manufacturing Trends. And the manufacturing sector overall looks strong.

Manufacturing Procurement 130

Manufacturing Procurement Trends Manufacturing Predictive Analytics Software 130

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 326

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 326

Logistics Viewpoints

APRIL 5, 2023

ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. This report provides a cross-industry perspective on digital transformation in logistics including digital maturity in inventory management, transportation, fleet maintenance, safety and compliance, and more.

Logistics Network Optimization Software 277

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Inventory Management Software 277

Silvon Software

APRIL 11, 2024

Without analytical tools and methodologies, navigating through vast amounts of data can be overwhelming. Nonetheless, when harnessed through analytics, data transforms into a powerhouse of valuable insights. Data stands as the cornerstone of the global economy, offering significant leverage to businesses poised for expansion.

Predictive Analytics 104

Predictive Analytics Analytics Software Analytics Sourcing Strategies 104

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. With companies producing more and more products worldwide, the issue of keeping track of enormous amounts of parts and materials used in the manufacturing process has grown increasingly complex.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

Logility

OCTOBER 29, 2021

With the right technology, process manufacturing strategy, planning, and management can be simplified. Manufacturers have been through a trial by fire with supply chain disruptions and changes in demand during the past two years. 4 Digital Solutions That Address the Top Challenges for Process Manufacturers.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

GlobalTranz

JULY 26, 2016

Analytics has been a buzzword in recent years. Everyone seems to be clamoring to get on the big data and analytics train. To guarantee your business’s success in the modern supply chain, you need to understand a few things about analytics in distribution and manufacturing.

Analytics Software 120

Analytics Software Predictive Analytics Analytics Distribution 120

Global Trade Management

DECEMBER 11, 2023

Introduction Supply chains are the lifeblood of any business, serving as the vital link between suppliers, manufacturers, and end consumers. This newsletter will explore how analytics can revolutionize supply chain management, mitigating risks and enhancing operational efficiency.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics 59

ToolsGroup

JANUARY 13, 2021

Our predictions also include crucial and groundbreaking developments in the supply chain that extend far beyond pandemic response. We hope you enjoy the blog, which represents predictions and observations from across our global ToolsGroup community. Here’s to a healthy and prosperous year ahead! applications of the future.

Supply Chain Planning Software 272

Supply Chain Planning Software Predictive Analytics Software Supply Chain Planning Scenario Planning 272

Logility

OCTOBER 18, 2022

Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach. It’s an undeniable mess, and while you can’t always predict supply chain disruptions, it doesn’t mean you can’t be better prepared, with disruptions big and small now an accepted inevitability.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

Logility

MAY 10, 2022

Smart inventory allocation and deployment starts with the right digital supply chain platform. For most businesses, the past two years have been a much-needed teaching moment on the state of their inventory planning, tracking, and management capabilities. Decades-old, tried-and-true rules ?

Optimal Sourcing 173

Optimal Sourcing Optimization Software Inventory Reduction Supply Chain Planning Software 173

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 278

Modeling Network Optimization Supply Chain Design Software Material Savings 278

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. That’s not science fiction—it’s the power of mobile inventory management. Ready to turn your inventory from a headache into a strategic asset?

Inventory Management Software 66

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 66

Logility

MAY 25, 2023

In today’s fast-paced and unpredictable global market, the secret to maintaining a competitive edge lies in a key area—robust inventory control techniques. Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. This is where inventory control techniques come in.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Inventory Optimal Sourcing 130

RFgen

AUGUST 7, 2024

The manufacturing processes behind aerospace components and systems are highly intricate, demanding precision, innovation, and robust quality controls. This piece examines the hidden mechanics of aerospace manufacturing, shedding light on the methods and materials used to produce aircraft and spacecraft.

Aerospace 88

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 88

Enterra Insights

APRIL 6, 2021

The late philosopher Eric Hoffer and the late business guru Peter Drucker shared a common belief about the difficulty of predicting the future. Hoffer wrote, “The only way to predict the future is to have power to shape the future.” Drucker wrote, “The best way to predict the future is to create it.”

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

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. Thanks to AI, companies can automate functions such as demand forecasting, capacity and production planning and predictive maintenance.

Supply Chain Planning Software 298

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

QAD

JULY 29, 2021

Mozart, Metallica and Manufacturing Operations Management. And does he know that he is entering the era of Augmented Analytics? What is Augmented Analytics? Will Augmented Analytics Replace the Analytics Solutions that We are Familiar with Today? What is unexpected or potentially interesting?

Analytics Software 98

Analytics Software Predictive Analytics Analytics Predictive Analytics Software 98

GlobalTranz

MAY 2, 2017

Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. Let’s take a closer look at why such systems have the power to radically change standard inventory management operations.

Inventory Management Software 120

Inventory Management Software Inventory Reduction Inventory Management Procurement Analytics 120

SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). The Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

ThroughPut

JUNE 16, 2024

Retailers often need help with inefficiencies, stockouts, and overstocking due to a lack of real-time data and insights into their inventory processes. What are the Challenges of Inventory Delivery Management in Retail? However, achieving this requires robust inventory management systems and technologies.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 52

Logistics Viewpoints

SEPTEMBER 25, 2024

In manufacturing, IoT sensors ensure that each step of the process is tracked, ensuring that all materials meet required quality standards. In retail environments, IoT-enabled systems manage inventory levels and provide feedback about stock conditions, further enhancing the DPP’s accuracy.

Internet of things 258

Internet of things Real-time Visibility Supply Chain Design Software Supply Chain Network Software 258

SYSPRO Smarter ERP

MAY 14, 2024

The increasing transition from traditional sales channels to digital commerce isn’t breaking news for manufacturers. Over the past three to five years in particular, more manufacturers have identified or accelerated their eCommerce plans. It’s a strategic move you’ve likely pondered over countless meetings and budget reviews.

Manufacturing Procurement 110

Manufacturing Procurement Supply Chain Planning Software Optimization Software Analytics Software 110

Silvon Software

AUGUST 8, 2022

Supply chain challenges stemming from the pandemic and other global events continue to plague manufacturing and distribution companies. To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance.

Analytics Software 80

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 80

ThroughPut

SEPTEMBER 11, 2024

Leading AI-powered Supply Chain Decision Intelligence and Analytics platform releases advanced parts management capabilities aimed at automating inventory replenishment for mission-critical Maintenance, Repair and Operations (MRO) of parts and kits to drive healthier cash flow PALO ALTO, CA, September 11, 2024 /PRNewswire/ — ThroughPut Inc. ,

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Price Reduction Resource Reduction 52

QAD

MARCH 11, 2024

In food manufacturing and the food supply chain, AI technologies are revolutionizing operations, enhancing efficiency, improving quality control and ensuring food safety. AI systems can predict equipment failures, allowing proactive maintenance and minimizing downtime. AI offers innovative solutions to tackle these issues.

Food 96

Food Waste Reduction Supply Chain Planning Software Supply Chain Software 96