ToolsGroup

MARCH 17, 2025

Unexpected challenges like shifts in global markets, economic upheaval, commodity shortages, advancements in technology, or environmental changes can send shockwaves through operations in unexpected ways. With the right demand forecasting software and technology, businesses can transform volatility into an advantage.

Forecasting Software 156

Forecasting Software Demand Planning Software Forecasting Supply Chain Planning Software 156

Logistics Viewpoints

OCTOBER 24, 2024

SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. It is a brilliant tool.” Those types of disagreements disappear in a SCCN platform.

SAP 292

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 292

Logistics Viewpoints

MARCH 27, 2025

Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. That may sound impossible, but new technology places this capability within the reach of every organization.

Supply Chain Planning Software 224

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 224

Logistics Viewpoints

OCTOBER 15, 2024

Amul’s model supports small producers by integrating large-scale economics, cutting out intermediaries, and connecting producers directly with consumers. Amul’s supply chain model is a well-structured and decentralized cooperative framework that focuses on efficiency and farmer welfare.

Optimal Sourcing 284

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 284

Supply Chain Shaman

APRIL 2, 2025

Small companies outperform large companies, and the marquee customers of major supply chain planning technology providers underperform. All our great tools in our toolbox to improve supply chain planning, but my observation is that we are trying to AI stupid. This shift improves modeling options and the use of disparate data.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Design Software 195

AIMMS

NOVEMBER 9, 2020

Our first webinar with Oliver Wight discussed common people, process and technology pitfalls that hinder IBP initiatives. Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling. Let’s explore them briefly in this blog post.

Modeling 406

Modeling Scenario Planning Optimization Modeling Modeling Software 406

SCMDOJO

OCTOBER 30, 2024

The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Preparing the next generation to excel in this dynamic field requires more than traditional education methods.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

Logility

DECEMBER 16, 2024

Balancing forecast accuracy with inventory management gets more challenging every day. Artificial intelligence (AI) and rapidly developing generative AI tools provide complex, real-time, and in-depth insights specific to supply chain management. Traditional approaches often divide departments like sales, marketing, and production.

Supply and Demand 192

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 192

Logistics Viewpoints

MARCH 6, 2025

Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Strategic moves like bulk buying, closer supplier partnerships, and syncing procurement with supply chain planning can tighten inventory, cut waste, and free up cash.

Price Reduction 208

Price Reduction Material Savings Cost Reduction Strategies Waste Reduction 208

ToolsGroup

MARCH 19, 2025

At ToolsGroup, we’ve long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supply chain management software. In conventional supply chain planning , planners using basic tools (typically spreadsheets or legacy systems) forecast just one number for each item.

Forecasting 156

Forecasting Modeling Forecasting Software Supply and Demand 156

Logistics Viewpoints

MARCH 17, 2022

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.

Supply Chain Planning Software 335

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 335

ToolsGroup

MARCH 26, 2025

Safety Stock: Navigating Supply Chain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supply chain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties. Forecast Inaccuracy Strategically offsets errors in predicting future demand.

Supply Chain Planning Software 156

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Planning 156

ToolsGroup

MARCH 3, 2025

In fact, Gartner also found that only 10% of CEOs say their business uses AI strategically, and just 9% of technology leaders report having a clearly defined AI vision statement. AI-powered demand forecasting software can significantly improve predictive accuracy, making it a crucial component of modern supply chain planning software.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Modeling 156

Logistics Viewpoints

NOVEMBER 20, 2024

Senior leaders must think beyond incremental improvements, embracing systemic innovation to achieve significant environmental impact. Smart energy management systems further enhance efficiency by tracking and optimizing energy use in real-time. Ethical sourcing is a fundamental aspect of social sustainability.

Waste Reduction 297

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 297

ToolsGroup

FEBRUARY 4, 2025

ToolsGroup identifies five key drivers shaping the future of supply chains: changing customer expectations, heightened competition, rising operational complexity, technological advancements, and geopolitical tensions. Technological Advancements Real-time inventory tracking and predictive analytics give leading firms a competitive edge.

Price Reduction 156

Price Reduction Inventory Reduction Material Savings Cost Reduction Strategies 156

ToolsGroup

DECEMBER 17, 2020

That’s why I believe that during this decade we’re heading for a new era in which open, multi-enterprise, cloud platforms will provide the required End-to-End supply chain integration–planned, optimized and collaborated to serve customer demand. . Multi-enterprise supply chain means multi-vendors of supply chain applications. .

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

Logistics Viewpoints

MARCH 24, 2025

The partnership includes launching Kinaxis Planning One for Infor CloudSuite, which integrates Infors industry-specific CloudSuite solutions for discrete manufacturers with the advanced supply chain orchestration solutions from Kinaxis and its flagship platform Maestro.

Manufacturing Procurement 151

Manufacturing Procurement Supply Chain Planning Software Scenario Planning Sourcing Strategies 151

Logistics Viewpoints

MARCH 9, 2023

End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance. CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue.

Supply Chain Planning Software 282

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 282

ToolsGroup

JUNE 15, 2020

Are you making an action plan of all the things you could do better and faster with your supply chain planning software when the next global crisis hits? And as companies have learned the hard way, you can’t rely on the traditional planning models you’ve always used to get you through this new reality.

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Forecasting Software 319

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) Replenishment will vary more than ever market-by-market—focus planning models on markets. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. Be open to different forms of modeling. Model Local Market Trends.

Supply Chain Planning Software 453

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 453

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. Still, there are several technologies that are transforming supply chains for the organizations that adopt them.

Supply Chain Planning Software 298

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

Supply Chain Shaman

JUNE 3, 2024

For most digital became an excuse to implement more traditional relational database technologies. Most companies invested in enterprise transactional systems, but their networks operate primarily through spreadsheets and email. Most are excited about their new platforms. ” Does the Dog Hunt? I am researcher.

Supply Chain Planning Software 356

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 356

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? And how do we measure it? (Is

Supply and Demand 402

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 402

ToolsGroup

FEBRUARY 24, 2025

Businesses have shifted from supply-focused approaches to demand-driven models, yet many still struggle to balance accuracy with agility. It leverages historical data, competitive intelligence, and external factors to guide inventory planning and resource allocation. Image source: Stefan de Kok 2.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

RFgen

JANUARY 16, 2025

That’s where manufacturing inventory management software comes in. The right software can streamline your production, optimize stock levels, and even help you save money. In this ultimate guide, we’ll break down everything you need to know about manufacturing inventory management software.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

Precoro

NOVEMBER 11, 2024

Each model has its perks, and choosing the best fit can feel like walking a tightrope. On top of that, we’ll break down how to approach selecting the right centralized purchasing system for your business needs. Keep reading to learn: What is centralized purchasing?

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

RFgen

DECEMBER 19, 2024

It’s a holistic approach that blends strategic planning, streamlined processes, and the right technology to transform your warehouse into a well-oiled, profit-generating machine. Eight proven optimization strategies, combining technology, best practices, and sustainable solutions.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

Enterra Insights

DECEMBER 17, 2024

Also, validated financial statements are key in the underlying optimization models. Supply chain optimization is no longer about individual tools that solve individual problems. The technology is ready to go; now is the time to use it.”[1] ” Inventory optimization. ” Inventory optimization.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

SCMDOJO

FEBRUARY 15, 2025

Structured methodologies, risk assessment tools, and agile frameworks allow companies to improve coordination, enhance decision-making, and ensure they remain adaptable to disruptions. These include alternative sourcing strategies, backup transportation routes, and emergency inventory reserves.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Logistics Viewpoints

SEPTEMBER 4, 2024

From raw material sourcing to end-of-life disposal, each step is recorded securely on a distributed ledger. Additionally, the cost of implementing and maintaining blockchain systems can be prohibitive for smaller companies. The ongoing development of more scalable and energy-efficient solutions will accelerate this trend.

Supply Chain Design Software 307

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Modeling Software 307

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

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.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Logistics Viewpoints

MAY 22, 2023

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. For it to be an optimal solution, a mathematical model needs to be used. That model can then be used to analyze every new situation that arises.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 268

ToolsGroup

JANUARY 16, 2023

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.

ToolsGroup 156

ToolsGroup Real-time Visibility Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Shaman

JULY 31, 2024

In one project, I am interviewing over fifty supply chain leaders on their perceived impact of advanced planning, what makes a good plan, and how effectively they use the technology. I see a few companies making progress, but most are going through the endless cycles of trying to implement a technology project.

Supply Chain Planning Software 382

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 382

Logistics Viewpoints

JANUARY 13, 2022

As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. Following technologies will play a major role.

Supply Chain Design Software 307

Supply Chain Design Software Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 307

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. a Traverse City, Michigan based innovator of supply chain network design software. Learn more about the Logility® Digital Supply Chain Platform.

Optimal Sourcing 250

Optimal Sourcing Network Optimization Software Logility Supply Chain Network Software 250