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. ” What is Supply Chain Optimization?

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Logistics Viewpoints

AUGUST 29, 2024

In this article, we will delve into strategic ways for warehouse managers to eliminate waste, with a focus on not only optimizing the use of cartons and packing, but labor resources and warehouse space as well. One effective method to optimize packing is the standardization of carton sizes.

Waste Reduction 257

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 257

ToolsGroup

AUGUST 25, 2022

BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. for Global Supply Chain Inventory Optimization, 2022. Source: [link].

Optimal Sourcing 222

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 222

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. ATLANTA (June 28, 2022) – Logility, Inc., or “What if I re-route via a different port?”. Logility is a wholly owned subsidiary of American Software, Inc.

Optimal Sourcing 250

Optimal Sourcing Network Optimization Software Logility Supply Chain Network Software 250

Supply Chain Shaman

MAY 21, 2024

In 2016, we finished a study on continuous improvement. In the study, when we asked for the top elements of business pain to drive continuous improvement for companies greater than 5B$ in annual revenue, as shown in Figure 1, we found the largest issues with cross-functional alignment and availability of talent. My answer is no.

Procurement Analytics 347

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 347

ToolsGroup

JUNE 2, 2023

Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in. Plus, accurate inventory information is the key to optimal decision-making.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

The Logistics of Logistics

OCTOBER 30, 2023

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization.

Optimal Sourcing 244

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 244

DELMIA Quintiq

SEPTEMBER 22, 2021

An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Types of inventory that can be optimized.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

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

JUNE 18, 2024

We’ll explore why it’s crucial to optimize decisions to meet specific goals and how leveraging real-time data can make your decisions both dynamic and highly impactful. Why Optimize to a Goal? Clarity and Focus: Optimizing to a goal provides a clear direction for all supply chain decisions.

Optimal Sourcing 177

Optimal Sourcing Supply Chain Planning Software Price Mitigation Strategies Optimization Software 177

Logistics Viewpoints

FEBRUARY 20, 2024

Supply chain network design (SCND) is a powerful tool for improving business operations. 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. It can be used to solve a wide variety of supply chain problems. But it has gaps.

Sourcing Strategies 266

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 266

Supply Chain Shaman

MAY 15, 2023

Functional excellence throws the supply chain out of balance decreasing results on a balanced scorecard of growth, margin, inventory turns, customer service and ROIC (Return on Invested Capital). One of the alignment gaps that is growing and is unfortunate is the gap between procurement and manufacturing.

Manufacturing Procurement 448

Manufacturing Procurement Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning 448

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 343

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 343

Logistics Viewpoints

NOVEMBER 4, 2024

Optimization is used in supply planning, factory scheduling, supply chain design , and transportation planning. In a broad sense, optimization refers to creating plans that help companies achieve service levels and other goals at the lowest cost. Drones use this form of AI to improve inventory accuracy in a warehouse.

Supply Chain Planning Software 287

Supply Chain Planning Software Modeling Optimal Sourcing Supply Chain Design Software 287

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

Supply Chain Shaman

NOVEMBER 9, 2023

Use of optimization to consume planned orders into manufacturing scheduling and distribution requirements planning (including inventory optimization of safety stock). And, there is no translation of planned orders for manufacturing into aggregate procurement. The focus is on functional optimization.

Optimal Sourcing 349

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 349

RFgen

NOVEMBER 27, 2024

It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. By harnessing the power of data science and analytics, you can gain end-to-end visibility across your entire network, breaking down information silos and optimizing every stage of your operations.

Optimal Sourcing 84

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 84

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Organizations require robust inventory management systems capable of handling diverse parts throughout their lifecycle.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. Further, while artificial intelligence helps solve certain types of problems, Jay Muelhoefer – the chief marketing officer at Kinaxis pointed out – optimization and heuristics work better for other types of planning problems.

Optimal Sourcing 304

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 304

The Logistics of Logistics

SEPTEMBER 25, 2023

Verusen utilizes advanced data science and artificial intelligence to harmonize disparate material data across multiple enterprise systems to provide complex supply chains with material truth for supply and inventory planning and procurement intelligence.

Optimal Sourcing 265

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 265

AIMMS

NOVEMBER 9, 2020

We explore, for instance, how you can use network design scenarios to: Explore strategic supply chain design choices, such as reshoring or sourcing closer to home Optimize the supply chain footprint for new demand profiles and risk appetite Build resilience and agility into your decision factors, as well as pure cost optimization.

Modeling 406

Modeling Scenario Planning Optimization Modeling Modeling Software 406

ToolsGroup

MAY 25, 2021

The importance of having the right inventory at the right price to service customer demand is crucial. Calculating and maintaining optimal levels of inventory is increasingly complex in this market as a result of long lead times, exchange rate volatility, economic factors, tariffs, political unrest, pricing trends, etc.

Optimal Sourcing 260

Optimal Sourcing South Africa Modeling ToolsGroup 260

AIMMS

MARCH 30, 2020

There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources. Study 3: Identify Optimal Sourcing Locations . Demo in Network Design Navigator . Ensure Resource Requirements .

Supply Chain Disruption 348

Supply Chain Disruption Supply Chain Design Software Scenario Planning Supply Chain Planning Software 348

DELMIA Quintiq

APRIL 21, 2020

Optimized plans. Optimization is about utilizing your resources effectively without compromising rules and KPIs. An optimized plan can only work if it takes into consideration constraints, business rules and KPIs so that you can measure the outcome of your decisions and improve upon them.

Modeling 302

Modeling Agile and Lean Supply Chain Supply Chain Disruption Optimal Sourcing 302

Logistics Viewpoints

JULY 6, 2022

I did a little digging to find out the specifics about excess inventory, the stated causes, and the potential implications. Retailers’ Inventories – Just Keep your Returns? Unfortunately, I am unsure about the order of magnitude or the duration of these inventory mismatches. Here’s my take on the topic.

Inventory Reduction 291

Inventory Reduction Inventory Retail Purchasing Skills 291

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 309

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 309

Logistics Viewpoints

JULY 23, 2024

Define business objectives: Clearly define the business objectives and key performance indicators (KPIs) that your AI-driven supply chain management system aims to optimize. Collaborative discussions can help identify relevant data sources and metrics that capture the end-to-end supply chain process and align with overall business goals.

Optimal Sourcing 274

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 274

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) 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. Form teams to improve online presence. Simplify Product Portfolio.

Supply Chain Planning Software 440

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 440

Supply Chain Shaman

JANUARY 2, 2023

The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving. The planning team was defending the status quo without questioning current practices and how to improve them.) Models Matter.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

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 342

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 342

Logistics Viewpoints

APRIL 19, 2023

Autonomous Planning in Supply Chain At its core, autonomous supply chain planning entails making decisions to optimize the delivery of goods and services from supplier to customer without the need for human intervention. DC procurement is also automated by aggregating the needs of the MFCs. It is comparable to autonomous cars.

Supply Chain Planning Software 256

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 256

ToolsGroup

JANUARY 13, 2021

We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. Supply chains will get more regional and focus more on alternate sourcing/ substitution options. Cloud platforms for collaborative supply chains will emerge.

Supply Chain Planning Software 272

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

Logistics Viewpoints

MARCH 25, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.

Supply Chain Planning Software 325

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 325

Logistics Viewpoints

MARCH 24, 2022

Retailers also took steps to contain costs and preserve margins as they reoriented toward e-commerce like never before, including putting solutions in place to more effectively navigate carrier capacity caps and improve the visibility, accessibility, and mobility of inventory. Procurement teams play an incredibly important role.

Supply Chain Planning Software 249

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 249

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 Software 285

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 285

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. By identifying these gaps, you can create sourcing events to close them.

Supply Chain Design Software 268

Supply Chain Design Software Optimal Sourcing Modeling Supply Chain Planning Software 268