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 372

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 372

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 386

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 386

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. Quite the opposite.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Logistics Viewpoints

FEBRUARY 20, 2024

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. This article describes how to incorporate simulation techniques into optimization, build a stochastic optimization model, and end up with a more resilient supply chain model.

Sourcing Strategies 245

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 245

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

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

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 348

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 348

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

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 341

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 341

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 363

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 363

DELMIA Quintiq

OCTOBER 26, 2021

In the race to meet shifting consumer preferences, success belongs to manufacturers that can quickly reconfigure their operations to capitalize on opportunities. It is a transformative approach to modern manufacturing that allows manufacturers to gain the efficiency of large-scale central facilities with the flexibility of smaller plants.

Real-time Visibility 296

Real-time Visibility Modeling Software Manufacturing Procurement Sourcing Strategies 296

ToolsGroup

JUNE 29, 2020

The magic of machine learning is the fact that it is able to sort through the space of infinite possible solutions in an optimal way and find a solution which does not overthink the data too much, and that’s okay. No effort required to set up (careful data sourcing and data preparation is fundamental).

Forecasting 428

Forecasting Forecasting Software Supply Chain Planning Software Modeling Software 428

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

DELMIA Quintiq

FEBRUARY 18, 2021

In 2015, I joined Dassault Systèmes (3DS), more specifically the DELMIA brand, whose portfolio helps industries by connecting the virtual and real worlds of value networks to collaborate, model, optimize, and perform in the ambit of manufacturing and operations. Source : Designing Disruption.

Sustainability 363

Sustainability Optimal Sourcing Waste Reduction Resource Reduction 363

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

Supply Chain Shaman

SEPTEMBER 13, 2023

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. The model development was quick after aligning the demand flow output using five to six market factors as input using a graph-based model.

Supply and Demand 384

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 384

AIMMS

OCTOBER 1, 2019

AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019. Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action.

Prescriptive Analytics Software 262

Prescriptive Analytics Software Analytics Software Optimal Sourcing Analytics 262

Logistics Viewpoints

AUGUST 23, 2021

Those include trust issues, the operating model, and technology. The larger the number of industry participants on a network, the better the solution is at sourcing and onboarding. The LevaData solution, for example, speeds up sourcing significantly. The remainder of this article will focus on the technology issues.

Optimal Sourcing 286

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Modeling Software 286

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? Still, the manufacturing plants and distribution centers are closed. My response is “Hogwash.”

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

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 297

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 297

DELMIA Quintiq

SEPTEMBER 28, 2023

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. DELMIA Quintiq Workforce Scheduling optimizes workforce management with employee scheduling and planning capabilities.

Optimal Sourcing 333

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Optimization 333

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 315

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 315

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. The 5G tsunami will require a new distribution model.

Supply Chain Planning Software 272

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

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 308

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 308

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 305

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 305

DELMIA Quintiq

DECEMBER 14, 2021

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. The first step requires food manufacturers to embrace two concepts: supply chain transparency and the circular economy. Enable Sustainability with DELMIA.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

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

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 160

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 160

Logistics Viewpoints

MARCH 17, 2022

It is one of those high-end brands with global recognition, and to my surprise, the manufacturer’s own website did not have any stock and no indication on when it would be available. Network cost modeling. It provides a single source of truth with visibility and analytics based on the same data.

Supply Chain Planning Software 292

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 292

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 192

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 192

RFgen

DECEMBER 19, 2024

But between rising costs, complex logistics, and the constant struggle to optimize space and labor, staying ahead can feel like an uphill battle. That’s where warehouse optimization comes in. Here’s what you can expect: A clear definition of warehouse optimization and its core components. Ready to get started?

Optimal Sourcing 76

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 76

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. ML is an AI technique consisting of complex algorithms and models that can be used for prediction.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

FEBRUARY 16, 2024

Running optimizers frequently introduce noise and error into a complex system. and from a series of labor-intensive meetings that delay decisions to powerful insights for modeling.) In today’s processes, we move data into jails (relational databases) and then run optimizers. Adaptive Model Redefinition Through Learning.

Supply Chain Planning Software 386

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 386

ToolsGroup

APRIL 11, 2018

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). Digital transformation ” is tough for any firm, but when you are $9 billion industrial manufacturer, it is a sizable undertaking. An Integrated Planning Model Vision. Figure 1 Source: SKF. Figure 2 Source: SKF. Figure 3 Source: SKF.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 222

ToolsGroup

SEPTEMBER 23, 2022

BOSTON (September 23, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a Leader in the IDC MarketScape: Worldwide Inventory Optimization 2022 Vendor Assessment. . About ToolsGroup. About IDC MarketScape.

Optimal Sourcing 31

Optimal Sourcing ToolsGroup Modeling Supply Chain Optimization 31

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

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 243

Georgia Optimal Sourcing Modeling Modeling Software 243