Logistics Viewpoints

JULY 18, 2024

First, it provides real-time end-to-end visibility, offering a holistic view of the supply chain and enabling businesses to track every aspect of their operations from procurement to delivery. Benefits of Using a Control Tower Using a Control Tower in supply chain management brings numerous benefits.

Supply Chain Planning Software 266

Supply Chain Planning Software Prescriptive Analytics Software Optimal Sourcing Supply Chain Planning 266

SCMDOJO

JANUARY 23, 2023

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

Prescriptive Analytics Software 131

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 131

GlobalTranz

NOVEMBER 30, 2021

Analytics provides visibility into your transportation network and operations. Analytics and market intelligence that enables businesses to make data-driven decisions is especially valuable for an industry marred with the effects of? Harvard Business Review Analytic Services study?report Forecast Demand?with?Analytics.

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

GlobalTranz

SEPTEMBER 23, 2021

Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Download the White Paper: Over the Road Freight Management Trends.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Enterra Insights

APRIL 6, 2021

The late philosopher Eric Hoffer and the late business guru Peter Drucker shared a common belief about the difficulty of predicting the future. Hoffer wrote, “The only way to predict the future is to have power to shape the future.” Drucker wrote, “The best way to predict the future is to create it.”

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

Logistics Viewpoints

OCTOBER 3, 2022

It is common for pundits to look ahead and predict how an industry or profession will change. But these events were not predictable – they might happen, they might not. And many are adding supplier risk management duties to the sourcing tasks performed by their procurement managers. Risk management had been a hard sale.

Agile and Lean Supply Chain 318

Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy Supply Chain 318

The Logistics of Logistics

AUGUST 28, 2023

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. At DAT, she has been instrumental in growing the shipper practice. Tusk save Shippers 40% or more on small parcel shipping.

Logistics Network Optimization Software 242

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 242

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. Use Big Data Analytics to Ensure Real-Time Management of the Entire Supply Chain.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Logistics Viewpoints

MARCH 17, 2022

The same survey indicates that 50% of the retailers are unhappy with their existing technology solutions and are looking to enhance or replace them to bring more diagnostic and predictive capabilities, including: Current demand vs. forecast analysis and rebalancing. Can the workflows and analytics easily change over time?

Supply Chain Planning Software 311

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 311

Logistics Viewpoints

JANUARY 25, 2024

Workers from picking and packing to planning and procurement are in short supply, stimulating interest in increasing productivity of the existing workforce. It can predict lead times for thousands of parts and automatically update changes, flagging only those for attention that fall outside of parameters a planner sets.

Supply Chain Planning Software 270

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 270

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. The team was seeking analytics to monitor process compliance. Advancement in analytics improves outcomes.

Prescriptive Analytics Software 177

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 177

Silvon Software

APRIL 11, 2024

Without analytical tools and methodologies, navigating through vast amounts of data can be overwhelming. Nonetheless, when harnessed through analytics, data transforms into a powerhouse of valuable insights. Data stands as the cornerstone of the global economy, offering significant leverage to businesses poised for expansion.

Predictive Analytics 104

Predictive Analytics Analytics Software Analytics Sourcing Strategies 104

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Predictive alerts: will help you prevent potential issues such as stock-out risks.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 278

QAD

JUNE 29, 2021

In their list of common nightmare scenarios to try to prepare for, few procurement leaders could have predicted the business disruptions of 2020. QAD Adaptive ERP addresses issues procurement teams face involving supply and sourcing decisions, supplier quality, and the means to improve integrated supplier activities.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Prescriptive Analytics Software Sourcing Strategies 98

Supply Chain Shaman

JULY 31, 2024

Coefficient of Determination or R² measures how well a statistical model predicts an outcome. ) Define the roles of the regions/divisions and global organization by division, and align the manufacturing, distribution and procurement functions. Be purposeful in building a global coalition and defining governance.

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 323

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Autonomous procurement to track and alert a user to market changes and create procurement activities. Price Volatility. How to Move Forward.

Prescriptive Analytics Software 226

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 226

Logistics Viewpoints

FEBRUARY 28, 2022

As an E2open forecasting benchmarking report pointed out, “for companies trying to predict demand in March of 2020 as the world was descending into lockdown and everything was being turned upside down, what happened in March of 2019 had little to no relevance.”. So, a plan can be produced that predicts the emissions.

Optimal Sourcing 304

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 304

Supply Chain Shaman

JUNE 9, 2023

Planning needs to respect the multiple flows of items–high volume and predictable, low volume and predictable, low volume and not predictable, seasonal, new product launch introductions, and demand shaping. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient.

Optimal Sourcing 306

Optimal Sourcing Supply Chain Planning Software Supply and Demand Manufacturing Procurement 306

GlobalTranz

OCTOBER 6, 2021

Descriptive analytics focuses on utilizing historical data to understand events that transpired and what happened within the network over a set period. Predictive analytics makes predictions about future outcomes based on historical data, statistical modeling, and machine learning.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

The Logistics of Logistics

OCTOBER 30, 2023

Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. The Greenscreens.ai

Optimal Sourcing 244

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 244

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. This intermediate step is more related to Procurement and supply chain transparency. Any final thoughts?

Supply Chain Risk Management 259

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 259

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Supply Chain Shaman

JUNE 23, 2020

Let’s celebrate that over the last two years, there were four significant acquisitions by traditional supply chain planning providers to deepen analytics capabilities: 07/2018 JDA purchases Blue Yonder (Purchase price confidential.). Procurement and transportation operated as islands. This is no longer true.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 293

ivalua

FEBRUARY 24, 2021

What Will Impact Procurement Processes in 2021? In a recent webinar hosted by Ivalua , Chris Sawchuck, Principal and Global Procurement Advisory Practice Leader from The Hackett Group shared 10 key issues that will have a significant impact on Procurement organizations in 2021.

Supply Chain Transformation 162

Supply Chain Transformation Agile and Lean Supply Chain Supply Chain Design Software Cost Reduction Strategies 162

Logistics Viewpoints

JUNE 1, 2021

This requires using advanced analytics to analyze historical demand patterns, link the demand peaks to the promotional offers, and adjust future forecasts based on planned promotions. With the availability of a multitude of tools and digital solutions, all this processing and prediction can be easily automated.

Inventory Management Software 214

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 214

QAD

JANUARY 11, 2022

After the last two years, it’s no surprise that some might be hesitant to make predictions about the state of manufacturing, supply chains and digital transformation for the new year. But two of our senior experts wanted to weigh in by sharing their 2022 predictions in VMblog’s 14 th annual predictions series.

Manufacturing Procurement 98

Manufacturing Procurement Predictive Analytics Software Predictive Analytics Supply Chain Software 98

Supply Chain Shaman

JULY 1, 2014

And SRM functionality, while automating indirect procurement, did not address the larger needs to automate direct material purchasing for a manufacturer.) My Predictions. As the software market shifts, here are my predictions: 1) Traditional Solutions Lose Steam. Shifts in the Market.

Supply Chain Design Software 318

Supply Chain Design Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 318

Logistics Viewpoints

AUGUST 23, 2021

SCCN solutions provide supply chain visibility and analytics across an extended supply chain. Transportation visibility solutions provide a good example of the distinct advantages of network-based analytics. A company trying to do this with an internal data set would not have enough data to generate meaningful predictive ETAs.

Optimal Sourcing 286

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

Logistics Viewpoints

MAY 16, 2022

SCCN solutions provide supply chain visibility and analytics across an extended supply chain. The lack of predictability leads to higher costs and worse service. Almost no supply chain executive believes that the kind of predictable, stable supply chains of former times are coming back in the foreseeable future.

Supply Chain Planning Software 246

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 246

Logistics Viewpoints

APRIL 19, 2023

In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated. DC procurement is also automated by aggregating the needs of the MFCs.

Supply Chain Planning Software 256

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 256

ToolsGroup

JUNE 18, 2024

Predictive Capabilities: With advanced analytics, real-time data can offer predictive insights. Organizations can forecast demand more accurately and predict issues before they occur, allowing for proactive measures and minimizing downtime. If you are just using predictive analytics you can easily find yourself limited.

Optimal Sourcing 177

Optimal Sourcing Supply Chain Planning Software Price Mitigation Strategies Optimization Software 177

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. The chief procurement officer’s workload extends beyond timely purchases and cost-saving measures.

Negotiating Skills 90

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 90

ivalua

APRIL 12, 2019

Procurement leaders are being given more and more priorities, he said, but there are obstacles in their way that stop them delivering strategic decision making and real value. So, is AI the light at the end of the tunnel for overworked procurement functions? More support in terms of predictive analytics is the dream.

Analytics Software 176

Analytics Software Negotiating Skills Supply Chain Planning Software Predictive Analytics Software 176

Resilinc

MAY 21, 2024

Following the latest updates, Resilinc’s new DVI has an enhanced focus on AI predictive analytics that provides companies with more robust, proactive risk management capabilities. Without Resilinc’s predictive AI that powers the DVI, it would be nearly impossible to extract and quantify meaningful insights for each supplier.

Predictive Analytics Software 98

Predictive Analytics Software Predictive Analytics Optimal Sourcing Modeling 98

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 242

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 242