Supply Chain Shaman

MARCH 12, 2019

Examples include Enterprise Resource Planning (ERP), Warehouse Management (WMS_ or Advanced Planning (APS). 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.

Prescriptive Analytics Software 178

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 178

SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. The misalignment can result in multitude of negative consequences such as high warehousing costs, cash flow difficulties, loss of sales, which can lead to permanent loss of loyal customers.

Forecasting 105

Forecasting Forecasting Software Demand Planning Software Modeling 105

Elementum

AUGUST 25, 2022

Recent press reports around food supply chain issues have emphasized the essential nature of a solid, well-managed supply chain where managers can predict (and respond to) potential delays or scarcity. Reducing Operating Costs Through SCM Inventory held in stock costs money and may be utilizing unnecessary space.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 78

Logistics Viewpoints

JUNE 1, 2023

This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases. They are more likely to shop for discounts and sales and may delay purchases of some items. Due to the workforce layoffs, consumers have less disposable income.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Elementum

FEBRUARY 7, 2024

This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. As disruptive events occur along the digital thread, the entire organization can act in a fluid, connected manner to optimize costs, service levels and other outcomes.

Logistics Network Optimization Software 186

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 186

ShipBob

FEBRUARY 6, 2023

Good warehouse management relies heavily on visibility and coordination as well as strategic planning. To make this happen, businesses need to take advantage of technology solutions that allow them to seamlessly share data, communicate, and execute different warehousing tasks. What is warehouse technology? Let’s get started.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Predictive Analytics Software 52

ThroughPut

APRIL 30, 2024

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. The platform primarily helps predict demand and improve customer experience.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Logility

JUNE 15, 2021

Food and beverage companies can use demand sensing to predict sudden market trends and prepare for actual supply needs. For example, an F&B business that supplies perishable goods knows that these goods have a limited shelf life and therefore must accurately project how much to purchase at once. Supply chain data management.

Supply and Demand 146

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 146

ThroughPut

JULY 4, 2024

Today, with the rapid evolution of technology, modern inventory management software comes with advanced capabilities like real-time tracking, automated replenishment planning, alerts for stockouts, analytics and reporting, multi-channel management and so much more – the right combination of intelligence, automation and, experience.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. In other words, robots will gain new movements, capable of picking items from shelves in warehouses and storefronts. Technology Will Reshape Procurement Practices. Top 5 Trends to Know to Compete with Amazon’s Supply Chain.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line.

Inventory Reduction 81

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 81

SCMDOJO

MARCH 27, 2024

That could include AI-driven analytics, real-time tracking, and integration with loT devices. Its advanced Warehouse Management System integrates with major online sales channels. 3 Precoro Precoro simplifies procurement processes for small to medium-sized businesses. Cons: It is more focused on procurement.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 73

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Getting this right, the first time is impossible, as it involves multiple people, processes, logistics, warehousing, and more.

Optimal Sourcing 105

Optimal Sourcing Inventory Management Software Inventory Management Optimization Software 105

BlueYonder

FEBRUARY 17, 2022

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. Brief highlights of logistics investments over the last three decades.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 72

ShipBob

DECEMBER 13, 2023

Optimized storage space: Prevents overstocking, maximizing warehouse utilization. These metrics provide valuable insights into how well your inventory is managed. How to monitor inventory turnover ratio: Calculation: Divide the cost of goods sold (COGS) by the average inventory value.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

OptiProERP

SEPTEMBER 21, 2023

With data-driven forecasting tools, manufacturers only need to purchase what they require for a given period.  Improved planning and the supply chain  Forecasting also aids production planning, procurement, and supply chain management. Maintaining inventory in higher quantities can also lead to increased storage and insurance costs. 

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 52

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

ThroughPut

OCTOBER 16, 2022

Inventory analytics can go a long way in understanding and improving the inventory performance and often done by an inventory manager. Also,they need to keep a track of the goods which are in transit and not just those which are in stock at the warehouse. How do you analyze accurate inventory performance? DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Talking Logistics

DECEMBER 11, 2014

made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). million bbl/d in 2015.” .

Predictive Analytics Software 204

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 204

ThroughPut

AUGUST 8, 2024

What are the key questions to ask potential software providers before making a purchase? so that you can start optimizing cost, time, and effort every step of the way. For instance, while WMS systems are tailored for warehouse operations, they generally lack the flexibility required for more sophisticated inventory processes.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 92

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 92

Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

ShipBob

OCTOBER 4, 2023

However, good inventory management also requires strategic inventory reduction instead of simply procuring more goods. You’ll also learn some effective strategies on how to reduce inventory levels to save costs. This helps businesses to get more out of their procurement budget and increase their profits.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

Silvon Software

APRIL 1, 2024

Requests for custom reports or dashboards by business leaders are met with lengthy development times by IT or external analysts, resulting in single-use reports that are limited in scope. Strategic analytics, on the other hand, is often associated with reporting from an analytical data source like a data hub.

Procurement Analytics 59

Procurement Analytics Analytics Software Predictive Analytics Analytics 59

EC Sourcing Group

OCTOBER 26, 2021

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. Cost reduction. Automation of the supply chain has resulted in resources (i.e.,

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

Supply Chain Matters

MARCH 5, 2022

The Ferrari Consulting and Research Group’s 2022 Predictions for Industry and Global Supply Chains Research Advisory ( Available for complimentary downloading in our Research Center ) includes a prediction that the supply chain technology segment will feature an investment boom in market consumption, added equity investment and M&A activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 75

Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. That’s where products are not available when customers want to purchase them.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Kinaxis

DECEMBER 21, 2016

To handle peaks effectively, you need the right tools, including a good database and analytics so you can learn what causes spikes, and how to predict them. But predictions and forecasts can only take you so far. Spend analytics. Procurement is risky business around the holidays. Importance of good data.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Forecasting Software 100

ShipBob

NOVEMBER 6, 2023

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

ThroughPut

JUNE 4, 2024

It involves managing the flow of goods from manufacturers to warehouses and from these facilities to point of sale. The goals of inventory management are to ensure that there is always enough stock on hand to meet customer demand, minimize the costs associated with holding inventory, and optimize the supply chain’s overall efficiency.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

ShipBob

SEPTEMBER 29, 2021

Stages of the retail logistics process includes warehouse receiving , inventory management, fulfillment, and shipping. In 2020, global retail sales exceeded $23 trillion and experts predict ecommerce demand to continue expanding. Procuring inventory. Receiving & processing inventory.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

HICX Solutions

FEBRUARY 15, 2024

Therefore, awareness of changes in global regulatory legislation and a focus on sustainable procurement have never been so important for organizations of all sizes. This is not only in terms of their ethos and values but also in providing them with the best possible customer experience when purchasing from an organization.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 52

Jaggaer

MARCH 23, 2020

And most importantly, what augmented analytics can do for you. Read up on How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report. Analytics has been with us for some time – more than a couple of decades. And that, of course, includes procurement professionals.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52