SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

Logistics Viewpoints

MARCH 3, 2025

Ibrahim Al Syed, the director of digital manufacturing at Celanese, was surprisingly forthcoming about how Celanese developed these capabilities at ARC Advisory Groups 29th Annual ARC Industry Leadership Forum. The company has 55 manufacturing sites across the world. ARC has been actively studying industrial AI for over two years.

Negotiating Skills 188

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 188

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. During the pandemic, companies struggled with planning systems turning off the optimizers, and using the technology as a system of record. Steps to Take Here are three steps to take: Adaptive Modeling. Higher variability.

Supply Chain Planning Software 418

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 418

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 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

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. As companies across industries have discovered, a well-optimized supply chain can drive significant improvements throughout their operations.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Logistics Viewpoints

MAY 19, 2022

Supply chain optimization has also improved in significant ways that can address these trade-offs better than before. Operational innovations like the invention of containers led to the huge growth in global value chains, and today 95% of manufactured goods move on ships. Supply chain optimization for today’s realities.

Optimal Sourcing 306

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 306

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

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 #4 Making key decisions by modelling the supply chain in Excel. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. by John Westerveld.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. Through the use of a NoSQL unified data model, the company is able to now move data within 15-minute increments improving the data flow for inventory availability to improve allocation and ATP processing.

Supply Chain Planning Software 390

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 390

RFgen

JANUARY 16, 2025

Keeping track of all your moving parts in manufacturing is a tall order. 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. Spreadsheets just don’t cut it anymore.

Inventory Management Software 52

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

Logistics Viewpoints

MARCH 9, 2023

Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. Theory and practical implications are clear: optimizing each silo does not imply optimizing the end-to-end system.

Supply Chain Planning Software 288

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 288

ToolsGroup

AUGUST 29, 2017

There are supply chain and demand analytics models that describe the type of analytics being deployed (e.g., Now Gartner has created a different look at the issue by creating a five-stage maturity model for assessing the overall maturity level of your organization in using supply chain analytics. descriptive, prescriptive, etc.).

Modeling 189

Modeling Prescriptive Analytics Software Analytics Software Modeling Software 189

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.

Supply Chain Design Software 299

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 299

Jaggaer

APRIL 24, 2025

Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. The success of this globalized model rested on three assumptions, the first of which was that governments would act in a rational manner to ensure frictionless trade.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Demand Planning Software 52

Supply Chain Shaman

JUNE 14, 2014

But companies often have diverging incentives and interests from their supply chain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”. ” Institute for Manufacturing, 2013. __. Contract manufacturers operate at low margins and lack resiliency.

Manufacturing Procurement 313

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 313

Supply Chain Shaman

JULY 13, 2023

How wrong and how biased depends on the inputs and the refinement of the model. The problem is helping models sort through inaccuracy and bias. The general AI models like ChatGPT are the buzz, but the greatest lift for the supply chain is happening in the world of narrow AI driven by deep learning. What Will Be the Value?

Optimal Sourcing 368

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Planning 368

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. It combines decisions across sell, deliver, make and source processes to drive value based outcomes. This includes optimization and discrete event simulation. They lack cohesion.

Supply Chain Planning Software 299

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 299

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Source: [link]. With the right solution and strategy, food manufacturers have the potential to create a major impact in reducing the scale of our global food waste crisis. Enable Sustainability with DELMIA.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

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

BlueYonder

APRIL 8, 2025

The traditional metrics of excellence cost efficiency, on-time delivery while still important, are no longer sufficient in an era defined by volatility, complexity and political changes. The convergence of artificial intelligence and digital networking technologies is fundamentally reshaping our operating models.

Supply Chain Network Software 101

Supply Chain Network Software Supply Chain Planning Software Network Optimization Supply Chain Design Software 101

Logility

DECEMBER 29, 2020

How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

Kinaxis

AUGUST 29, 2014

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Semiconductor is poised to consolidate, which will have huge impact on the metrics. – as information moves down the supply chain to the manufacturer. by CJ Wehlage. Global pressure.

Metrics 171

Metrics Supply Chain Planning Software Manufacturing Procurement Thailand 171

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. MTSS platforms facilitate hands-on projects where learners can apply statistical methods to identify trends, forecast demand, and optimize inventory levels.

Supply Chain Planning Software 97

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

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 156

Logility

DECEMBER 28, 2020

How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Logistics Viewpoints

JULY 22, 2021

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 290

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 290

DELMIA Quintiq

JUNE 22, 2021

In this final blog on agility and why you should consider becoming an agilist to survive the new completion (of the continuous mention) of the application of enterprise decision management systems (EDMS) from Taylor and Raden cited in the first blog, I turn to the metric of agility and a new ROI metric of decision yield.

Metrics 156

Metrics Supply Chain Planning Software Agile and Lean Supply Chain Optimization Software 156

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 303

Case Study Inventory Reduction Study Agile and Lean Supply Chain 303

Supply Chain Shaman

APRIL 17, 2013

Source Merriam-Webster Dictionary. They are step change requiring either the redeployment of existing technologies or the purchase of new platforms. Data model structures are the difference between success and failure. The acronyms keep coming…. The cadence does not stop. Everyone seems to have a new one. Details matter.

Supply Chain Design Software 258

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 258

Supply Chain Shaman

JANUARY 14, 2013

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. The example that I give in the first post is the focus of manufacturing strategies to drive strong results to improve Return on Assets (ROA) that have actually caused a deterioration in operating margin.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

Supply Chain Opz

JANUARY 7, 2013

1) Apples Supply Chain Model. Supply Chain Model of Apple Inc. Apple Inc purchases raw materials from various sources then get them shipped to an assembling plant in China. Some re-sellers may also distribute products from the competing manufacturers. But, is Apples Supply Chain really the number 1?

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

GlobalTranz

JUNE 1, 2015

Customer expectations of reliable quality and rapid delivery forces today’s manufacturers to either shorten cycle times or lose business. Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. Establish time-tables.

Manufacturing Procurement 120

Manufacturing Procurement Agile and Lean Supply Chain Waste Reduction Inventory Reduction 120

Supply Chain Shaman

OCTOBER 29, 2014

The promise was the delivery of a decision support system that would allow the organization to optimize the relationships between cash, cost and customer service against the strategy. By purchasing planning and transactional systems for a common vendor, they had one throat to choke and they were familiar with the architectural elements.

Supply Chain Planning Software 351

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 351

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. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability.

Modeling 233

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 233

Logility

AUGUST 5, 2021

This means routinely bringing together the C-suite, finance, supply chain, manufacturing, sales and marketing teams so everyone is seeing, working from and agreeing to an aligned plan that achieves optimal business outcomes. The SCOR model contains more than 150 key indicators that measure the performance of supply chain operations.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Demand forecasting should be tightly integrated to an inventory optimization application. Demand models need to be continuously updated. This sounds obvious.

Forecasting 276

Forecasting Forecasting Software Modeling Optimal Sourcing 276