Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The question was, “How can I redefine demand planning processes to use channel data?” A forecast is a time-phased view, or projection, of future demand.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

AIMMS

NOVEMBER 9, 2020

Those that also leverage scenarios in IBP are even better prepared to deal with the supply chain shocks caused by COVID-19. 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 156

Modeling Scenario Planning Optimization Modeling Modeling Software 156

Supply Chain Shaman

AUGUST 12, 2024

Goodman titled “ The Supply Chain, Reconfigured.” ” His narrative centers on the evolution of the global supply chain evolving with a focus on labor arbitration ignoring geographic distance and shipping issues. His belief is that the internet, container shipping, and global banking shrunk the supply chain.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

Logility

MAY 17, 2022

Supply variability today. It’s tempting to think of supply variability as a recent phenomenon caused by COVID-19. Supply chain professionals know better. Supply disruptions are as old as trade itself. Averaging across industries, companies can now expect supply chain disruptions lasting a month or longer to occur every 3.7

Scenario Planning 173

Scenario Planning Modeling Supply Chain Planning Software Optimal Sourcing 173

Logistics Viewpoints

APRIL 6, 2023

In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. The purchasing of products at companies can be looked at in terms of two major dimensions: supply risk and impact on production (Figure 1).

Optimal Sourcing 217

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 217

Logility

MAY 25, 2022

Interconnected supply chain planning enables faster, more empowered decision-making. Supply chain organizations are now caught in the clutches of a global economy creaking beneath the weight of cargo embargoes, labor shortages, jammed ports and shipping lanes, and a pandemic that continues to evolve. Let’s face it ?

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 130

Logistics Viewpoints

JULY 24, 2024

Robotic Process Automation (RPA) refers to process automation that combines process steps with decision models or business rules with little to no human oversight. It is typically applied to high-volume transactional processes with limited variation and clearly outlined business rules or decision models.

Supply Chain Software 273

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Inventory Reduction 273

Supply Chain Shaman

JULY 31, 2024

How should a global manufacturer make a decision? And how can supply chain planning help? 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. What is the role of make, source, and deliver?

Supply Chain Planning Software 326

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 326

Supply Chain Shaman

MARCH 16, 2021

Supply chains quickly move through fads and buzz words. Today, entangled in digital supply chain discussions is the concept of the digital twin. In our pandemic research, we interviewed thirty manufacturers. What can you tell me about your supply chain? In Figure 1, we share the model.). They constantly shift. (In

Manufacturing Procurement 201

Manufacturing Procurement Modeling Optimal Sourcing Supply Chain Planning Software 201

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

Logistics Viewpoints

OCTOBER 21, 2024

Expanded health insurance coverage led to increases in the demand for care. Procurement became a logical place for leading healthcare systems to focus. As vice president of supply chain and procurement, Mr. Wengert was brought in to drive change. Procurement was a natural place to focus.

Negotiating Skills 221

Negotiating Skills Supply Chain Design Software Manufacturing Procurement Agile and Lean Supply Chain 221

Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. Over the past three years, supply chain cycles shifted. Shift in cycles.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 390

Logistics Viewpoints

DECEMBER 14, 2023

Now more than ever, organizations must prepare their supply chain for the present and the unknown challenges and opportunities in the future. Integrating external factors like consumer price indexes, GDP trends, climate change, and others into the forecast can improve signaling for supply chain design.

Supply Chain Design Software 263

Supply Chain Design Software Optimal Sourcing Modeling Supply Chain Planning Software 263

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 173

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 173

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. End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance.

Supply Chain Planning Software 227

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 227

Supply Chain Shaman

NOVEMBER 9, 2023

The supply chain space is heavily laden with acronyms, gobbledygook, false narratives, and over-hyped, fast-talking technology sales teams. “At the Digital Supply Chain event at SAP. Traditionally, the definition of end-to-end supply chain planning meant: Forecasting based on order or shipment patterns.

Optimal Sourcing 352

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 352

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

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. When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings.

SAP 241

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 241

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience? Think this is possible?

Supply Chain Design Software 319

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 319

Resilinc

MARCH 26, 2024

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI.

Modeling 107

Modeling Supply Chain Risk Management Modeling Software Risk Management 107

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 261

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 261

Supply Chain Game Changer

AUGUST 30, 2022

Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – Semiconductor Fabrication! Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. What is a Total Cost of Ownership Model?

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

Supply Chain Shaman

NOVEMBER 21, 2022

”) So, I sat across from a stranger on a cold winter night, the only thing that we had in common was our experience in supply chain planning. . And won’t the supply chain follow suit?” The perspective of a manufacturing leader is quite different than that of a business leader in logistics. “ Reflection.

Supply Chain Planning Software 301

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 301

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Such sourcing events can be in the context of direct materials or logistics capacity.

Optimal Sourcing 214

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 214

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). ” I don’t think so. I term this our data jail.

Optimal Sourcing 345

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 345

Logility

APRIL 20, 2022

If resilience is the panacea to today’s supply chain challenges, it seems that everyone has a different prescription. Every industry article, news segment, analyst research paper, and boardroom conversation offers varying perspectives on the real issues impacting supply chain performance and the best way to fix them. You’re not alone.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. The models were not implemented correctly to use channel data.

Supply Chain Network Software 275

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 275

Logistics Viewpoints

SEPTEMBER 19, 2024

Over the last two decades, there has been a significant focus on increasing the speed of supply chain planning solutions. Additionally, software vendors continuously invest in tuning the performance of their algorithms and models. Planners spend considerable time preparing scenario planning and not the actual analysis.

Supply Chain Planning Software 240

Supply Chain Planning Software Scenario Planning Supply Chain Software Supply Chain Planning 240

ToolsGroup

JULY 19, 2023

A digital twin is a model that can be created for a number of things – a jet engine, a factory, even a human heart. But here, we’ll be talking about supply chain digital twins. It brings data that is stored in different silos across an organization all into one model. Get the insights you need.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

Enterra Insights

OCTOBER 5, 2023

One of the clearest lessons learned during the pandemic was the importance of domestic manufacturing. As global supply chains snarled and essential products became hard to find, many domestic manufacturers pivoted to make up shortages. The importance of manufacturing has often been overlooked as the U.S.

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing Supply Chain Software Supply Chain Planning Software 130

RFgen

AUGUST 7, 2024

The manufacturing processes behind aerospace components and systems are highly intricate, demanding precision, innovation, and robust quality controls. This piece examines the hidden mechanics of aerospace manufacturing, shedding light on the methods and materials used to produce aircraft and spacecraft.

Aerospace 85

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 85

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.

Optimal Sourcing 222

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 222

ToolsGroup

JANUARY 16, 2023

BOSTON — January 16, 2023 — ToolsGroup , a global leader in retail and supply chain optimization software, today introduced the launch of Inventory Hub®, a Dynamic Data Unification Platform that provides retailers with a “single source of truth” for inventory data across their enterprises. “As About ToolsGroup.

ToolsGroup 156

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

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

Supply Chain Shaman

JUNE 3, 2024

Waves of hype pass through supply chain narratives. and digital supply chains. and digital supply chains. A Closer Look at Digital For a decade, I have struggled to get a clear definition on the digital supply chain. While digital marketing is clear, for me, supply chain digital management is not.

Supply Chain Planning Software 345

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 345

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