Supply Chain Shaman

NOVEMBER 21, 2024

Venture capitalists are high on Artificial Intelligence (AI), and over-exuberant professors with shiny new models are jockeying into position to get rich. The supply chain planner role is the most dissatisfied of any employee in the supply chain, but most focus on improving engines using AI into conventional work processes.

Supply Chain Planning Software 294

Supply Chain Planning Software Modeling Software Modeling Supply Chain Network Software 294

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Supply chain optimization has also improved in significant ways that can address these trade-offs better than before.

Optimal Sourcing 251

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 251

Supply Chain Shaman

FEBRUARY 26, 2024

Can you describe the outside-in model? Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. (For Their goal is clear–stabilize the blood supply in the United States.

Modeling 208

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 208

Logistics Viewpoints

MARCH 9, 2023

Consumers are ever more conscious of value, sensitive to health and environmental issues – especially after the COVID pandemic, each demanding more options for their money. End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance.

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 219

SCMDOJO

MAY 15, 2024

Supply chain design and optimization projects present significant challenges, ranging from complex network structures, and multiple databases to diverse business objectives. However, achieving these objectives requires a strategic approach and a deep understanding of dynamics within the supply chain ecosystem.

Optimal Sourcing 98

Optimal Sourcing Network Design Software Supply Chain Design Software Modeling 98

Logistics Viewpoints

FEBRUARY 21, 2022

Supply chain management has been in the news. But the intricacies of supply chain management are beyond the grasp of most. One key solution used to help manage complex supply chains is supply chain planning (SCP). Supply chain planning is a complex solution. Supply chain planning is a complex solution.

Supply Chain Planning Software 281

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 281

Supply Chain Shaman

SEPTEMBER 22, 2024

He shared that he worked for a freight forwarder providing supply chain planning services for a major retailer. I asked if he had tested the models by backcasting. The organization had little energy to test forecasting models. The primary dialogue was on improving conventional models with AI engines.

Cost Reduction Strategies 378

Cost Reduction Strategies Waste Reduction Inventory Reduction Supply Chain Planning Software 378

Logistics Bureau

NOVEMBER 12, 2024

Essential Steps to Using Warehouse Modeling Software for Design 1) Understand the Design Objectives and Constraints The first step in your review should be to determine and prioritise the objectives for your warehouse facility and operation. For instance, do you have two or more SKUs that are commonly ordered together?

Modeling Software 72

Modeling Software Supply Chain Design Software Modeling Supply Chain Planning Software 72

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains.

Supply Chain Design Software 252

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 252

Logility

JUNE 2, 2023

In the intricate world of supply chain management, the accuracy of demand forecasting often serves as the cornerstone of business growth. The very foundation of operational efficiency, customer satisfaction, and overall profitability hinges upon the ability to predict demand with precision. What is Demand Forecasting Accuracy?

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

Logility

AUGUST 5, 2021

IBP is long-range strategic business planning that combines volumetric and financial data into a single, highly visual, comprehensive planning platform that delivers greater global visibility, more powerful multi-scenario analysis over longer planning horizons, tighter collaborative workflows, and a wider spectrum of alerts.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Logility

JULY 20, 2023

Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. Here are our answers to some of the most common questions about demand planning software.

Supply and Demand 185

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 185

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

Logistics Viewpoints

NOVEMBER 20, 2024

In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option. Regulatory demands, rising consumer expectations, and global challenges such as climate change and social inequality have made sustainable practices a strategic priority.

Waste Reduction 229

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 229

Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #6 Not effectively managing inventory.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Supply Chain Shaman

MARCH 21, 2024

Supply Chain Planners Analogous to Secretarial Pools? In my forty years of studying supply chain planning, the groups became larger, but with questionable results. If I had a magic wand, I would redesign work to transform the planners to become data orchestrators with supply chain planning becoming self-service by business leaders.

Inventory Reduction 406

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 406

Logistics Viewpoints

JANUARY 23, 2024

This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supply chain data. This new dashboard gives retailers a lot of supply chain data to see where they stand.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 231

Logistics Viewpoints

JULY 23, 2024

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article comes from Greg Quirk, Product Marketing Manager at Kinaxis and looks at AI in supply chains. Data is the lifeblood of AI in the supply chain.

Optimal Sourcing 259

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 259

Unleashed

APRIL 18, 2023

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Supply Chain Shaman

JANUARY 8, 2024

This weekend, I edited the Supply Chains to Admire report. No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. I posted my working summary.)

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 243

ToolsGroup

JANUARY 9, 2018

A new report from Nucleus Research, Value Drivers of Single Model S&OP , concludes that the historical disconnect between planning and execution in S&OP is best bridged by a single unified data model that allows companies to continuously synchronize their strategic, tactical and execution plans.

Modeling 179

Modeling Scenario Planning Optimization Modeling S&OP 179

Logistics Viewpoints

MARCH 27, 2023

Two months before COVID made headlines in the US, nobody was forecasting the dramatic downturn in demand. If a recession hits, demand will decrease. How much will demand be impacted? When companies talk about improving their forecasting, they are most often referring to demand forecasting. When will the recession hit?

Forecasting 205

Forecasting Forecasting Software Modeling Optimal Sourcing 205

ToolsGroup

AUGUST 29, 2017

Gartner measures supply chain analytics maturity across seven different dimensions. There are supply chain and demand analytics models that describe the type of analytics being deployed (e.g., Gartner reports a strong correlation between supply chain organizations that use analytics and improved business performance.

Modeling 189

Modeling Prescriptive Analytics Software Analytics Software Modeling Software 189

ThroughPut

MARCH 24, 2024

Earlier in the day, demand planning was a guessing game that relied more on intuition, instinct, and inclination. Companies that leveraged the data they collected to enable more accurate demand planning, distinguished themselves from their competitors. Why do you Need Modern Demand Sensing to Solve Modern Problems?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

ShipBob

OCTOBER 24, 2022

You never really know how it will all turn out, yet you need to be able to answer questions like these: How many units of inventory do you need to have on hand to be at full stock for each SKU? How often do you project to replenish inventory ? Maybe you only have a slight understanding of demand for your products. That’s fine!

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Logility

AUGUST 15, 2023

Smarter, Not Harder: How to Climb Every Peak in Supply Chain Planning Supply chain planning is like a grand mountaineering expedition. But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. Take, for example, PVH.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Supply Chain Shaman

OCTOBER 11, 2023

Definition As I follow the evolution of supply chain technology, I am struck by what I see as a stream of paradox and anomaly, and the tendency of supply chain leaders to cling to convention. The world of NoSQL unified data models is inconceivable to most. Building the Effective Global Supply Chain. Art of the Possible.

Supply Chain Planning Software 394

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 394

ThroughPut

AUGUST 22, 2024

Demand Forecasting Challenges In today’s increasingly unpredictable and aggressively competitive markets, Church Brothers Farms was looking to consistently deliver more value in the face of steadily dwindling resources – budgets, labor, time, assets, and weather – while continuing to drive shareholder value.

Optimal Sourcing 52

Optimal Sourcing Forecasting Modeling Forecasting Software 52

Supply Chain Shaman

FEBRUARY 1, 2024

While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value. Optimization engines to improve functional metric performance resulted in an exploding number of planners.

Supply Chain Planning Software 345

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 345

SCMDOJO

OCTOBER 23, 2024

However, the main pin-point that drives all the factors is inventory/ stocks. How much stock/ Inventory do we need? What is the actual demand? How much inventory do we need in the off-season and the high season? What is Inventory Management? What is Inventory Management? What is the forecast? Sudden orders.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

Logility

JUNE 23, 2023

That’s precisely what demand forecasting feels like for many businesses today. All these elements can help you predict where demand is heading. They’re stuck with inaccurate forecasts, ending up with too much or too little inventory, missed orders, and unsatisfied customers. What are Causal Models?

Forecasting 190

Forecasting Forecasting Software Modeling Predictive Analytics Software 190

Enchange Supply Chain Consultancy

JULY 3, 2024

Using ourA-B-C of Route to Market model, the Catalyst Phase is when we execute or as we sometime call it ‘How to Win’. External Perspective: Market Activation & Demand Creation: Product Launch: Coordinate with distributors to plan and execute product launches. Supply Chain Integration. And it’s not just about the contract.

Inventory Reduction 202

Inventory Reduction Supply Chain Planning Software Material Savings Price Mitigation Strategies 202

Logility

SEPTEMBER 12, 2024

The cloud has emerged as the cornerstone of modern business and supply chain innovation. Yet, many manufacturers still rely on outdated, self-managed ERPs – and the consequences are nothing short of severe for every supply chain they touch. Take, for example, the retail industry.

Supply Chain Planning Software 197

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

ThroughPut

AUGUST 12, 2024

Being a demand planner is challenging. The role demands accurate forecasting amidst constant market changes. Relying on outdated tools and/or spreadsheets might just about work for long-term planning, but they fall short in handling sudden demand shifts and market disruptions. Best Demand Sensing Software in 2024 1.

Supply and Demand 52

Supply and Demand Demand Planning Software Prescriptive Analytics Software Supply Chain Planning Software 52

Supply Chain Shaman

DECEMBER 28, 2020

When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away. I was wrong.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

ToolsGroup

APRIL 25, 2019

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g. weather, social media). Set Specific Business Objectives at the Start.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Logistics Viewpoints

MARCH 4, 2021

For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on Supply Chain Digital Transformation projects. Digital Transformation Journey.

Supply Chain Planning Software 273

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 273