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 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). The Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

Supply Chain Shaman

APRIL 18, 2023

During the pandemic, companies struggled with planning systems turning off the optimizers, and using the technology as a system of record. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Steps to Take Here are three steps to take: Adaptive Modeling. Higher variability.

Supply Chain Planning Software 390

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

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 345

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 345

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 193

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 193

Resilinc

MARCH 26, 2024

In this blog, we explore the different types of predictive AI models for supply chain risk management. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators. How does Resilinc use regression models?

Modeling 107

Modeling Supply Chain Risk Management Modeling Software Risk Management 107

Supply Chain Shaman

NOVEMBER 15, 2023

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. Let’s zoom to the bottom line: the results are less than optimal for all the monies spent and practices deployed. When he speaks of the supply chain, he means procurement.

Supply Chain Planning Software 401

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 401

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

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

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

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. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. The result was restatement.

Supply Chain Design Software 319

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

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. The solution is built for continuous use, eliminating the need for a consulting project to model potential resolutions to unexpected supply chain disruptions.

Optimal Sourcing 250

Optimal Sourcing Network Optimization Software Logility Supply Chain Network Software 250

Resilinc

JULY 26, 2024

Learn the supply chain risk management maturity model stages from Supplier Risk Management to antifragility. Supplier Risk Management solutions enable procurement teams to manage risk events that impact their supply chain and initiate risk response plans. They even begin discussing nearshoring some manufacturing in the future.

Supply Chain Risk Management 62

Supply Chain Risk Management Modeling Risk Management Modeling Software 62

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

Supply Chain Shaman

JUNE 9, 2023

The discussions included the pros and cons of probabilistic versus deterministic optimization, advancements in Artificial Intelligence (AI) and Deep Learning, and improvements in Machine Learning. Each box has an optimizer that drives output from a model based on a functional definition using enterprise data.

Optimal Sourcing 309

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 309

AIMMS

JUNE 16, 2020

How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. In the context of disruptions like COVID-19, scenario modeling can make considerable difference – Tweet this.

Modeling 177

Modeling Network Design Software Network Design Scenario Planning 177

Supply Chain Shaman

NOVEMBER 21, 2022

” As I dipped my spoon into some scrumptious chestnut soup at a great restaurant, my companion asked, “With the advancements in optimization and self-learning, aren’t we close to having self-driving supply chains?” The perspective of a manufacturing leader is quite different than that of a business leader in logistics.

Supply Chain Planning Software 301

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

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

AIMMS

NOVEMBER 9, 2020

Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling. Specifically, we looked at three use cases for scenario modeling using our cloud-based IBP app. The post IBP Scenario Modeling for Recovery, Restructuring and Resilience appeared first on AIMMS.

Modeling 156

Modeling Scenario Planning Optimization Modeling Modeling Software 156

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. The distribution models were never tested when implemented. As a result, after four years of the initial go-live, the team blindly used planning models, distorting the plan. Or planned orders to purchase orders?) I encourage all to backcast to test and improve their models.

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388

Logility

AUGUST 31, 2023

Leveraging the inventory planning and optimization solution from Logility , this well-established brand generates trend insights and supports a formal product review process, resulting in a 44% reduction in its SKU portfolio and more meaningful value for its customers.

Consumer Goods 183

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 183

SYSPRO Smarter ERP

APRIL 17, 2023

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. In this blog post, we will explore how manufacturers can leverage this technology to achieve data-driven success. This enables managers to take swift action and keep production on track.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

OptiProERP

FEBRUARY 8, 2024

Additive Manufacturing (AM), often called 3D printing, has emerged as a revolutionary technology potentially transforming traditional production processes. This blog post will explore the intersection of additive manufacturing and ERP. This blog post will explore the intersection of additive manufacturing and ERP.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

Logility

MARCH 1, 2022

includes new supply network maps and PLM dashboards designed to help businesses optimize processes and accelerate time-to-market. These enhancements further our mission to help our customers truly optimize their supply chains and commit to their sustainability goals.”. Logility 21.03 ATLANTA – March 1, 2022 – Logility, Inc.,

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Supply Chain Design Software Manufacturing Procurement 130

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Arena Solutions

MARCH 21, 2023

Getting your business future-ready Manufacturers and businesses are currently adopting new business models, implementing waste-reduction programs, designing greener products, and applying lean manufacturing principles (value, value stream, flow, pull, perfection).

Manufacturing Procurement 98

Manufacturing Procurement Waste Reduction Resource Reduction Material Savings 98

Logility

NOVEMBER 2, 2022

This realization for supply chain leaders creates new questions about which strategies can genuinely optimize their operations while offsetting changing demand and supply disruption. Five Reasons for Adopting a Supply Chain Network Design and Optimization Solution. Second: Real-time analysis and visualizations.

Optimal Sourcing 130

Optimal Sourcing Network Design Software Network Optimization Network Design 130

Logistics Viewpoints

FEBRUARY 14, 2024

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Other critical functions include order management, manufacturing, and product development. In addition to cost savings, having optimized inventory management can help balance cash flow with customer satisfaction.

Supply Chain Planning Software 251

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 251

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. 9/2/2021 – Guest Blog Post from Kumar Kannan of Procural. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

AFFLINK

AUGUST 17, 2022

Automation in manufacturing can help be the driving force to lift some of the burden felt by many distributors across the globe. Upstream Supply Issues Manufacturers are struggling with the same product and shipping delays as consumers. Top Distributor Challenges: 1. Over the last 12 months, 58% reported additional demand increases.

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

QAD

JANUARY 4, 2022

QAD CMO Carter Lloyds described shipping delays, energy issues/sustainability challenges and the Carbon Bubble as three major industry disruptors affecting manufacturers. Lack of real-time communication between the manufacturing enterprise suppliers, third-party logistics providers and consumers. Medical and Pharmaceutical Technology.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 96

AIMMS

JANUARY 24, 2019

Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. I belong to this second division and work mostly on mathematical modeling, simulation and supply chain analytics. . Jamshedpur plant (image source: Tata Steel).

Optimal Sourcing 291

Optimal Sourcing Optimization Software Supply Chain Software Supply Chain Planning Software 291

SYSPRO Smarter ERP

JANUARY 5, 2022

Optimize process efficiency by enabling staff to accomplish more tasks or do something they typically could not. However, if AI is being used to assist with shorter, say weekly, activities, then much smaller volumes will work – the kind of data a manufacturer usually has in its ERP system. Revenue growth. Business process improvement.

Manufacturing Procurement 124

Manufacturing Procurement Predictive Analytics Software Modeling Software Optimization Software 124

Ware2Go

JANUARY 7, 2022

Experiencing the negative effects of overextended supply chains and lean manufacturing, merchants are looking to forge a balance between JIT and JIC purchasing models that reduces risk and maintains profit margins. What is just-in-time procurement? What is just-in-case procurement?

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

GlobalTranz

MARCH 24, 2017

Are industrial manufacturers seizing all the opportunities of a more digital world? A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. The remaining 70 percent are hindered by outdated business models and technology. Possibly not.

Manufacturing Procurement 209

Manufacturing Procurement Sourcing Strategies Manufacturing Optimal Sourcing 209

Enterra Insights

JANUARY 17, 2019

Nevertheless, over the past few years there have been some significant changes in the manufacturing sector, including the maturation of additive manufacturing and the emergence of the Internet of Things (often referred to as the Industrial Internet of Things (IIoT)). Manufacturing trends. ”[1] Those arguments still hold.

Manufacturing Procurement 100

Manufacturing Procurement Prescriptive Analytics Software Trends Manufacturing 100

Logistics Viewpoints

MARCH 1, 2021

Dr. Alexandros Skandalakis – the Director Global Manufacturing Capacity, Strategic Assets and Capital Expenditures at Philip Morris Products S.A. This was done at a stock keeping unit level and for the entire manufacturing supply chain. The tool was able to create a model going out multiple years. It was predictable.

Modeling 182

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 182