Supply Chain Network Design Requires More Than Just a Smart Tool
AIMMS
OCTOBER 17, 2024
Network design solves a variety of issues, from cost reduction to sustainability, and from inventory optimization to investment decisions.
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AIMMS
OCTOBER 17, 2024
Network design solves a variety of issues, from cost reduction to sustainability, and from inventory optimization to investment decisions.
Logility
OCTOBER 10, 2022
But even the most high-performing supply chains have process, infrastructure, and technology gaps that can become problematic if not addressed early. According to Gartner 1 , fewer than 10% of companies have mastered a balance between cost management, customer service, risk mitigation, and growth investment.
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SCMDOJO
MAY 15, 2024
This document serves as a roadmap for professionals involved in supply chain network design and optimization, providing valuable insights and practical guidance at every stage of the process. This initial step enables tailoring the supply chain network design to meet specific needs effectively.
ToolsGroup
MARCH 26, 2024
The visualization and scenario planning of the physical and financial value chain overlaid with a digital representation of the actual flow of goods enables us to utilize longer-term strategic supply chain design variations and optimize inventory and service levels.” “Our
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Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Supply Chain Network Design. Inventory optimization. Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Read about 5 use cases.
Logistics Bureau
OCTOBER 9, 2023
If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.
Logility
MAY 5, 2023
Inventory strategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise.
ToolsGroup
NOVEMBER 14, 2017
The problem with strategic network design is when it accounts for service time but not service level. It optimizes the network, but it doesn’t optimize inventory across the network – a shortcut that can lead to a different network once the inventory is optimized. Here’s why.
Logistics Viewpoints
NOVEMBER 18, 2024
One essential tool used by the supply chain team is supply chain design. Schneider Electric provides energy management and industrial and building automation products and services. Schneider Electric’s Journey with Network Design Lee Botham is the global director of modeling and network design at Schneider Electric.
Speaker: Robert Olszak- Vice President, Global Supply Chain Optimization, RGP
To better prepare for the next generation of supply chain management, organizations are adopting industry-leading inventory and network optimization tools to establish sophisticated and mature supply chain digital ecosystems.
Logility
MARCH 16, 2023
Higher interest rates and materials prices are increasing the costs of carrying inventory. And rapid shifts in market demand always leave someone holding excess inventory. Here are three ways to protect your margins by enhancing your supply chain network design. Should you explore nearshoring or friendshoring?
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. ATLANTA (June 28, 2022) – Logility, Inc., About Logility.
20Cube Logistics
APRIL 16, 2022
Supply chain Network Design can be explained as the strategic planning of the supply chain in order to measure the cost and the time required to bring the goods and services from manufacturers and suppliers to the market. Inventory planning and management. Importance of network design in supply chain.
Logistics Viewpoints
JANUARY 18, 2024
1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. Supporting optimal strategies for inventory investment and allocation to support your sustainability goals.
Supply Chain Shaman
JUNE 12, 2020
Strong opinions and egos (mostly male) abound… For over two decades, I obediently tapped my foot to technology leaders’ glibly spouting opinions. Downsizing inventories over the past decade crippled the response.” Days of Inventory Peer Group Across Time Periods. So, why have we not reduced inventory?
Locus
APRIL 1, 2022
It gives us immense pleasure to announce that Locus has been listed as a Representative Vendor in the 2022 Gartner® Market Guide for Supply Chain Network Design Tools. And network design and optimization are instrumental in bringing about both. GARTNER is a registered trademark and service mark of Gartner, Inc.
Logistics Viewpoints
FEBRUARY 20, 2024
Supply chain network design (SCND) is a powerful tool for improving business operations. Supply Chain Network Design Components SCND team’s first goal is to build a baseline model that represents the current state of the business. Optimization and simulation are the two main branches of SCND. But it has gaps.
EMERGE App
DECEMBER 19, 2023
Inventory management is a tough task, especially when you’re starting out. There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market. Best Inventory Management Books of All Time: 1.
Logistics Viewpoints
SEPTEMBER 4, 2024
Looking to the Future of Blockchain in DPPs As blockchain technology evolves, its role in DPPs will grow, with increasing adoption across a variety of sectors. The future of DPPs will evolve in large part by how well these technological advancements align with evolving consumer expectations and regulatory frameworks.
Logistics Viewpoints
OCTOBER 30, 2023
Per $1 billion in company revenues, no supply chain application has a better return on investment (ROI) than network design! Executives must have the fortitude to make changes in the operating policies and the network infrastructure that may affect the lives of employees. The larger the supply chain, the bigger the payout.
Logistics Viewpoints
SEPTEMBER 19, 2023
Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.
Logility
OCTOBER 19, 2023
To gain control over their costs and pricing, supply chain leaders must capitalize on the recent stabilization of production capacity and inventory levels. This includes continuously adjusting the supply chain network design to reflect changes in demand, costs, capabilities, and corporate objectives.
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. Or planned orders to purchase orders?) The reason?
ToolsGroup
AUGUST 8, 2023
River Logic offers both a platform for customer solutions as well as network optimization and production planning & scheduling applications. Coupling physical supply chain design decisions with the digital flow of goods moving through the supply chain is the holy grail of the industry.” Show Me More →
Logility
AUGUST 24, 2022
Competing for the eCommerce supply chain with supply chain modeling software. They will take the profit and you will be left with the risk and the inventory holding costs. Identify the types of nodes that can service your supply chain — get creative, this is the 21st century and new models for logistics are arising constantly.
Logistics Viewpoints
SEPTEMBER 11, 2024
Maintenance predictions also benefit from the technology, allowing for proactive fleet management. As 5G networks continue to expand, these changes will become even more widespread in the logistics industry. Smart warehouses are using IoT sensors, powered by 5G, to automate inventory tracking and manage orders with greater accuracy.
Supply Chain Shaman
DECEMBER 27, 2022
The race started in 2016 as a foggy definition of digital appeared in supply chain marketing from technology providers. The numerous definitions across the supply chain technology and consulting providers are very different and often confusing. Digital Supply Networks. The difference is the technology mix and the focus.
Logility
MAY 2, 2012
At the heart of this confusion is the network. Any time you want to optimize across an enterprise, whether it is inventory or product flows, you need to represent a logical representation of the supply chain. In this way the network structure is the ‘bones’ of the supply chain around which the optimization can be performed.
CHAINalytics
MARCH 28, 2017
By Chris Keller | Principal, Supply Chain Design | Chainalytics | The complexity involved in simultaneously optimizing a supply chain network and the inventory within that network has traditionally proven to be a sufficient barrier to completing such exercises.
Logility
MAY 2, 2012
At the heart of this confusion is the network. Any time you want to optimize across an enterprise, whether it is inventory or product flows, you need to represent a logical representation of the supply chain. In this way the network structure is the ‘bones’ of the supply chain around which the optimization can be performed.
Supply Chain Shaman
NOVEMBER 3, 2015
As an analyst in the battered supply chain software market for a decade, it is fun to watch you grow. Clients buy your software because you make it real. I always start the discussion of all software acquisitions with the same statement: the acquisition of software is seldom a good deal for the buyer/user of software.
AIMMS
JUNE 26, 2017
Choosing a supply chain software vendor can be a long and tedious process. You need to make sure the software has the right capabilities, that you have the right people on board to truly leverage it and that it will support and not hinder your processes. Mapping European Supply Chain Software. ” AIMMS in the IT Subway Map.
AIMMS
JUNE 26, 2017
Choosing a supply chain software vendor can be a long and tedious process. You need to make sure the software has the right capabilities, that you have the right people on board to truly leverage it and that it will support and not hinder your processes. Mapping European Supply Chain Software. ” AIMMS in the IT Subway Map.
Supply Chain Shaman
APRIL 1, 2015
I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. Selling licenses does not translate into implemented software. The sun is rising.
Logistics Viewpoints
FEBRUARY 21, 2022
What follows are some key things a newcomer to the supply chain profession, or an interested reader of news headlines, needs to know about SCP technologies, processes, and roles. A network design model figures out where factories and warehouses should be located. The key solution for this is network design.
Logility
MAY 17, 2023
Optimize network design as part of supply chain planning As Lisa Henriott, senior VP of product marketing at Logility, advised in Supply Chain Management Review , the key to effective onshoring, reshoring, and nearshoring strategies is evaluating network design options within a larger supply chain planning platform. “By
Logistics Viewpoints
JUNE 1, 2023
The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions. This means continuously assessing the trade-off between the total cost to serve and meeting customer demand and minimizing lost sales.
ToolsGroup
JUNE 8, 2018
Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value.
AIMMS
JANUARY 30, 2019
Part I in our series on assessing your network design’s maturity . How does you r network design compare to others ? It’s great to see the enthusiasm for this interactive tool. . Only about 22% use network design software and 18% use network design software with embedded analytics among this group. .
Supply Chain Shaman
FEBRUARY 26, 2024
Over the next five weeks, seventy business/technology and consulting leaders will complete the course. They implemented a simple planning technology with an outside-in channel-centric model (Ship to model definition). The implementation of NoSQL for inventory management gives them an inventory signal with little to no process latency.
AIMMS
JANUARY 20, 2020
We are really excited to get multiple mentions in Gartner’s Hype Cycle for Supply Chain Planning Technologies , which was released in October 2019. These Apps have quickly become mainstream and are in the consideration set for many new network design users. Another area we are working on is Multi-Echelon Inventory Optimization.
Supply Chain Shaman
JUNE 16, 2014
Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. My goal is to understand the impact of technologies and processes. Today, we have a number of burning platforms. They are slow to adapt.
DynaSys
JANUARY 27, 2021
During the last years, we have seen collaborative planning & decision-making software platforms, often presenting themselves as ‘agile’ toolboxes. These new software technologies provide now a challenging alternative to traditional software supply chain planning packages. inventory replenishment planning).
Supply Chain Shaman
DECEMBER 7, 2023
The ability of an organization to deliver reliable and consistent results for revenue, margin, customer service, and quality in the face of demand and supply variability. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. We are not clear on definition.
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