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Jack Fiedler, the vice president for digital transformation of the global supply chain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supply chains. I’ve not seen a company that does a better job of agile planning across an end-to-end, multi-tier supply chain.
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. Use case 2: Smart restructuring.
When one thinks of supply chain software vendors, the name InterSystems may not spring to mind. A supply chain data fabric can help companies augment their supply chain processes. They aim to achieve the same success in supply chain management that they have achieved in the healthcare sector. Who is InterSystems?
The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations. Read on for common use cases. .
It will have a long-term impact on all industries, even those that don’t directly relate to the chip manufacturers. TadaNow has helped many customers with short-term and long-term planning to prepare them for supply chain shortages and procure needed electronics components in the most efficient way possible.
The manufacturing sector is facing unprecedented volatility in global trade, with tariffs becoming the latest in a series of uncertainty drivers that are impacting virtually all industries. Supply chains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
During my current supply chain planning market research, I have received briefings from several SCP companies. Many say that they are using generative AI, a type of AI that can create new content and ideas, as part of their journey toward autonomous planning. Nobody will give that much control of their plan to an algorithm.” “But
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supply chain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
They used the phrase planning at the edge of chaos. The Need for Speed When you talk to supply chain planning software suppliers, they identify similar trends. And the trends they are focused on have a direct impact on their product development plans. John Galt Solutions is a provider of supply chain planning solutions.
Based on more than 25 years of our experience in supply chain technology, TadaNow has created some critical questions for manufacturing leaders to ask while evaluating supply chain platforms: What is the business outcome you’re trying to deliver? Download ' A Buyer’s Guide for Supply Chain Executives’ by TadaNow.
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supply chain planning market. Logility, a conservative company supply chain planning technology, historically had no debt and cash reserves of more than 80M, is undervalued in this deal.
Today’s supply chains are fraught with uncertainties across demand and supply yet are tasked with adding incremental value to their organizations while also meeting commercial, working capital and sustainability goals. The challenge for supply chain teams lies in increasing knowledge to create value amid this complexity.
Supply chain practitioners seeking the best way to speed decision intelligence, unify supply chain data, and increase operational efficiency can benefit from a supply chain data gateway. Here are 10 ways a supply chain data gateway can improve your performance across the end-to-end supply chain.
The modern supply chain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. As industries evolve and global markets expand, ethical considerations have become central to supply chain compliance.
Manufacturers that don’t have a direct relationship with chip factories, such as those producing automobiles, heavy industrial equipment, medical diagnostics equipment, and electronics, are greatly affected. This infographic outlines the global chip shortage crisis in an easy-to-read format, perfectly suited for busy supply chain executives.
How should a global manufacturer make a decision? And how can supply chain planning help? My goal was to think harder about how to best implement Advanced Planning before I wrote my next post. I am also writing the new edition of the Supply Chains to Admire. What defines a feasible plan? Focus on Value.
S upply chain planning requires constraints to be mapped. Supply chain management has been in the news. But the intricacies of supply chain management are beyond the grasp of most. One key solution used to help manage complex supply chains is supply chain planning (SCP).
ARC Advisory Group has been covering the Supply Chain Planning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supply chains. Supply chain agility reflects a company’s ability to respond quickly to surges or plummeting demand.
This strategic partnership aims to improve demand planning efficiency, optimize inventory performance, and elevate service levels. “In ToolsGroup’s advanced supply chain planning and optimization suite will be instrumental in refining our inventory management strategy and enhancing our competitive edge.
Manufacturers that don’t have a direct relationship with chip factories, such as those producing automobiles, heavy industrial equipment, medical diagnostics equipment, and electronics, are greatly affected. This infographic outlines the global chip shortage crisis in an easy-to-read format, perfectly suited for busy supply chain executives.
Your Aftermarket Supply Chain is More Complex Than You Think Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. Traditional supply chain planning tools fall short for several key reasons: Inability to handle intermittent demand patterns.
Businesses have shifted from supply-focused approaches to demand-driven models, yet many still struggle to balance accuracy with agility. What is Demand Forecasting in Supply Chain Management? When planning your demand forecast, its essential to master the fundamentals.
Businesses have shifted from supply-focused approaches to demand-driven models, yet many still struggle to balance accuracy with agility. What is Demand Forecasting in Supply Chain Management? When planning your demand forecast, its essential to master the fundamentals.
The past year and a half saw manufacturers face unprecedented challenges resulting from global disruptions, to which they responded by repurposing or developing new product lines, reconfiguring their plants and restructuring their supply chains in order to meet changing demands and keep afloat amidst uncertainty.
For decades, operations research professionals have been applying mathematical optimization to address challenges in the field of supply chain planning, manufacturing, energy modeling, and logistics.
Over the last two decades, there has been a significant focus on increasing the speed of supply chain planning solutions. However, you may have noticed that the increase in the speed of supply chain planning solutions is not resulting in better decisions, improved performance, or much-needed supply chain agility.
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supply chains. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production.
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. When the pandemic started in 2020, no one could foresee the impacts of the global supply chain disturbances would last this long.
According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supply chain executives are losing the strategic gains they made with their C-suite counterparts. 28% of supply chain leaders cite cost reduction as one of the top three priorities currently.
Speaker: Rod Robinson - SVP of the Supplier Diversity Practice, Insight Sourcing Group
Supplier diversity programs are impactful and effective tools in your business strategy because they guarantee a diverse supplier base and ensure inclusivity within your ultimate procurement plan. This session will also cover: How to widen your pool of potential suppliers to achieve stronger supply chain resilience and adaptability.
At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. Belcorp: A Supply Chain with Countless Moving Parts Belcorp is a beauty corporation with a mission to provide beauty products that answer to a variety of individuals’ needs.
Scott Fenwick, Senior Director Product Strategy for Supply Chain Planning at Manhattan Associates. Manhattan Associates, a leading supplier of supply chain and omnichannel management software solutions, recently had a major product release that will shake up the supply chain planning market.
BOSTON February 3, 2025 ToolsGroup , a global leader in supply chain planning and retail optimization software, today announced it has been positioned as a Leader in the IDC MarketScape: Worldwide Supply Chain Planning for Spare Parts/MRO Industries 2024 Vendor Assessment (Doc ID #US51541424, December 2024).
A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The planning team was defending the status quo without questioning current practices and how to improve them.) Starting to understand the issue with multi-tier demand planning?
Manufacturing leaders who built resilient supply chains were successful in 2021, despite the many supply and demand fluctuations. Supply chain visibility, collaboration, and orchestration are now the top priority for executives. Multi-Tier Supply Chains. Blockchain Expands Supply Chain Capabilities.
Last week, a team from Blue Yonder attended the 2024 Gartner ® Supply Chain Planning Summit in London. At Blue Yonder, we recognize that manual planning and consumer-grade spreadsheets simply aren’t up to this challenge. The theme of this year’s conference was “Generating Value Together: Beyond Accuracy, Toward Intelligence.”
October 14th – 18th 2024 Supply Chain & Logistics News Yesterday, I landed back in the States from my autumn getaway. The company plans to deploy SMRs at multiple locations, including four 80-MW reactors at Columbia Generating Station and a potential 300-MW plant near Dominion Energy’s North Anna nuclear station.
She wrote, “I have been working in the supply chain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. Over the last two years, I actively engaged technologists and business leaders to redefine demand planning.
Even before the Covid-19 pandemic disrupted global supply chains and upended the global economy, supply chain experts insisted that supply chain resilience was essential. There is a] need to prepare supply chains not only to survive, but to thrive in chaos.”[1] To do that, they must be resilient. The reason?
This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions. Scenario analysis and optimization defined. Creating a strategic digital twin (digital representation) of your supply chain network. Diversifying sourcing and manufacturing.
As consumers, we continue to drive this demand for new products and experiences and the challenges for companies to keep up have become extreme: Sudden shortages of supply and supply chain networks Increasing regulatory pressures New form factors and integration into other products Workforce constraints and social distancing.
According to Bloomberg , the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. Traditional, linear supply chains struggle to adapt. This article explores how adaptive supply chains can help businesses thrive.
20-year industry veteran brings deep technical expertise and leadership to guide ToolsGroups next phase of growth BOSTON February 4, 2025 ToolsGroup , a global leader in supply chain and retail planning and optimization software, today announced the appointment of Sean Elliott as its new Chief Executive Officer, effective immediately.
Let me explain, if you fill out one of my surveys on LinkedIn, I share the research results in front of the paywall (I believe that supply chain research should be readily available and not locked behind a paywall.) (If We are trying to assess the value of a network in managing contract manufacturing.)
Speaker: Len Pannett - Supply Chain and Operations Transformation Expert | Board Advisor - UK Ministry of Defence | Mentor | Author | Keynote Speaker
With the dark clouds of inflation and uncertainty looming overhead while the pressures of ESG and geopolitical tensions increase, today’s supply chain professionals are facing challenges we have never seen before. Supply chain professionals often face the dilemma of balancing cost, resilience, and sustainability.
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