Supply Chain Shaman

MARCH 16, 2021

In our pandemic research, we interviewed thirty manufacturers. To gain insights, we interviewed Alexandros Skandalakis, Director of Manufacturing Capacity, reporting to operations/manufacturing globally within Philip Morris. We wanted to find a better way to design our network and optimize future manufacturing outcomes.

Manufacturing Procurement 201

Manufacturing Procurement Modeling Optimal Sourcing Supply Chain Planning Software 201

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

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability?

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Optimization Software Modeling 120

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

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

Supply Chain Shaman

NOVEMBER 9, 2023

Translation of the demand forecast into planned orders to minimize manufacturing constraints. Use of optimization to consume planned orders into manufacturing scheduling and distribution requirements planning (including inventory optimization of safety stock). The focus is on functional optimization.

Optimal Sourcing 352

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 352

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

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

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 Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices. What is a Total Cost of Ownership Model?

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

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

Supply Chain Shaman

JULY 31, 2024

How should a global manufacturer make a decision? In short, the research tells me that the manufacturing industries are stuck. In contrast, for a global manufacturer, the answer is more complex. What is the role of make, source, and deliver? And how can supply chain planning help? What defines a feasible plan?

Supply Chain Planning Software 326

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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. With its ability to derive insights from vast amounts of data and derive insights, generative AI has emerged as a valuable tool to optimize supply chain operations. Generative AI is all about scale.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

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

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

Resilinc

JULY 26, 2024

Learn the supply chain risk management maturity model stages from Supplier Risk Management to antifragility. Now, TechCo needs to implement supplier risk management strategies such as alternate sourcing to address potential risks associated with SemiSupply. 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

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. E-commerce models exacerbated this trend while supply variability challenged order reliability. Steps to Take Here are three steps to take: Adaptive Modeling. Build in-market sourcing.

Supply Chain Planning Software 390

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

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 Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. Models Matter. Be careful.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

Logistics Viewpoints

APRIL 29, 2021

Many companies are achieving this transformation by adopting modular, elastic DC technologies – including AI and robotics – that provide continuous warehouse optimization without replacing their current monolithic and static warehouse systems. Those systems and processes were designed to serve the current business model for 10 years or more.

Optimal Sourcing 162

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 162

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

MAY 30, 2018

There has been a lot of discussion around this topic lately and I wanted to offer a few insights, including around the importance of the data model in high-quality decision making using digital twins. These are virtual counterparts to the physical world that model a product’s uniqueness and its lifecycle.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

Logility

MAY 25, 2022

Manufacturing capacity is severely diminished. the traditional supply chain model is falling short. Now more than ever, the conventional silos of planning, sourcing, and procurement teams must be connected into one cohesive network. Factories run the risk of closing without advanced notice. Let’s face it ?

Optimal Sourcing 130

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

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

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

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 156

Optimal Sourcing Optimization Software Supply Chain Software Supply Chain Planning Software 156

SYSPRO Smarter ERP

JULY 17, 2023

The new AI revolution presents a great opportunity for manufacturers to retain their staff and attract younger employees by providing new skills for the future world of business where the role of AI will play a greater part. The impact of AI on manufacturing is that the skills used will be more advanced.

Manufacturing Procurement 98

Manufacturing Procurement Buyer Training Prescriptive Analytics Software Supply Chain Design Software 98

Logistics Viewpoints

APRIL 22, 2024

Georgia-Pacific and its subsidiaries manufacture and distribute a wide range of consumer products, including bath tissue, paper towels, napkins, tableware, paper-based packaging, cellulose, specialty fibers, and building products. Causal AI utilizes sophisticated causal models to make decisions on multiple levels.

Georgia 257

Georgia Optimal Sourcing Modeling Modeling Software 257

Logistics Viewpoints

MAY 8, 2023

There is a known problem for manufacturers in synchronizing their supply chain. The shop floor to top floor disconnect reflects the difficulty of synching the plans finalized in an integrated business planning executive meeting with what the shop floor is capable of manufacturing in the short-term time planning horizon.

Supply Chain Planning Software 223

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 223

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

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? 4 Common Inventory Pitfalls Manufacturers Must Avoid.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

ThroughPut

MAY 24, 2024

Multi-Echelon Inventory Optimization (MEIO) is the solution, offering a sophisticated approach to optimizing stock levels, reducing costs, and improving service. What is Multi-Echelon Inventory Optimization? Statistical Data – historical data on demand, lead times, and forecast errors inform optimization decisions.

Optimal Sourcing 52

Optimal Sourcing Modeling Inventory Reduction Optimization Software 52

Supply Chain Shaman

FEBRUARY 26, 2024

Can you describe the outside-in model? For example, in manufacturing, the shift in focus is away from OEE to focus on first pass yield and schedule adherence.) They implemented a simple planning technology with an outside-in channel-centric model (Ship to model definition). There are 192 different ways to cut-up a cow.

Modeling 208

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 208

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

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

MAY 22, 2023

If you have been through this process at least once, you already have a good idea of what supply chain design is about: optimization. When most people hear the word “optimization,” they immediately think about minimizing costs. But optimization is much more than that! Let’s continue with this analogy.

Supply Chain Design Software 201

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 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

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more. trillion parameters.

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Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 222