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

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

FEBRUARY 8, 2022

Whether it means recognizing a skilled labor shortage at a specific warehouse today or anticipating a significant weather event next week, logistics professionals need to see exactly what is happening across the end-to-end supply chain, in real time. The Digital Warehouse, Fueled by Optimized Labor. While driving a projected $14.1

Logistics Network Optimization Software 213

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 213

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

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 177

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 177

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

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. This is a framework for defining the scope and phasing of the initiatives.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 278

Logistics Viewpoints

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials?

Real-time Visibility 207

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 207

Supply Chain Shaman

APRIL 15, 2020

The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Don’t expect demand to be predictable.

Supply Chain Planning Software 440

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 440

Logistics Viewpoints

SEPTEMBER 28, 2021

Using AI and predictive analytics, we make it possible to anticipate and mitigate the impact of disruptions and delays, whether from bad weather, port shutdowns or overloaded distribution centers. And what is sitting in the warehouse. And for our global supply chains, that transformation cannot happen fast enough.

Rail Software 210

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 210

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. Let’s step back first.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

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

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

Managing digitalized distribution network, requires technical capabilities entailing business intelligence, strong alignment between business and supply chain strategy, and application of advanced analytics. In addition, digital solutions should incorporate advanced reporting capabilities and data analytics.

Supply Chain Software 46

Supply Chain Software Supply Chain Planning Software Optimization Software Supply Chain Network Software 46

Procurement Academy

AUGUST 17, 2021

For those of us working in the field of supply chain and procurement education, it’s an open secret. But the same is most emphatically not true of supply chain and procurement. Data analytics. Predictive modelling. And by ‘data analytics’, or course, something more advanced than mere spreadsheet skills is usually meant.

Buyer Training 93

Buyer Training Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Enterra Insights

DECEMBER 17, 2024

”[5] He continues, “Most supply chains consist of the following layers or departments: manufacturing; suppliers; transporters; warehouses; distributors; service Providers; retailers; [and] customers. Those areas are: Warehouse optimization. ” Inventory optimization. ” Inventory optimization.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Supply Chain Shaman

OCTOBER 13, 2022

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” The outcomes are less predictable or clear. The gap between logistics and procurement; and logistics and customer service increases process latency. We are re-writing the rules.

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

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. Types of Procurement Analytics.

Manufacturing Procurement 80

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 80

Logistics Viewpoints

MARCH 2, 2023

After months of dire predictions, many in the financial community are lowering the odds of a recession in the next year. If it takes 50 days from ownership transition at origin to receipt at the warehouse, you could save $2M in inventory, or $250K in working capital, if you reduce transit time by one day (50 to 49 days).

Waste Reduction 230

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Logistics Viewpoints

JANUARY 23, 2024

Snowflake is a cloud computing–based data cloud company that offers a cloud-based data storage and analytics service, generally termed “data-as-a-service.” Retailers can make changes to the lead times, predict supply chain disruptions, change a store to an e-commerce site, and see what will happen across the supply chain network.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 246

Supply Chain Game Changer

OCTOBER 8, 2020

Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com. Here are some interesting predictions from a reputable international research firm, IDC, which highlight key areas of technological applications regarding the impending digital revolution of the international supply chain.

Predictive Analytics Software 74

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 74

RFgen

NOVEMBER 27, 2024

That’s where data analytics comes in. By harnessing the power of data science and analytics, you can gain end-to-end visibility across your entire network, breaking down information silos and optimizing every stage of your operations. In this post, we’ll explore how data analytics can revolutionize your supply chain.

Optimal Sourcing 84

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 84

Logility

APRIL 29, 2022

Visibility across the entire length and breadth of your supply chain is required to predict and overcome supply chain constraints. This involves top-to-bottom supply chain transparency, data gathering, and putting that data to good use to discover and mitigate predictable risks. Key Takeaways. How do you do this?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Visibility Real-time Visibility Supply Chain Software 195

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. While companies have robust visibility over their inventory and warehousing (99%), this drops to a stark 20% when it comes to their deeper supplier networks.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Supply Chain Software 52

Logistics Viewpoints

JUNE 1, 2023

And future supply chains will rely on effective data collection, advanced analytics, automation, and control towers augmented with AI/ML technology. Advanced machine learning (ML) technology is needed to reveal hidden patterns and correlations, facilitating accurate predictions and informed decisions.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 223

SCMDOJO

NOVEMBER 8, 2022

2) Supply Chain Analytics | 22k Subscribers. The Supply Chain Analytics Channel is funded by the Ministry of HRD government of India as part of its National Program on Technology Enhanced Learning (NPTEL). The Supply Chain Analytics Channel is highly detailed and will always be recommended for years to come. Subscribers.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 122

NC State SCRC

FEBRUARY 27, 2018

Predictive analytics is still relatively new in procurement, but it’s increasingly important, particularly in organizations that have already been through the cycle of spend analytics, supplier leveraging, segmentation, and consolidation. Many executives we interviewed in our research responded “yes”. Absolutely.

Predictive Analytics 40

Predictive Analytics Analytics Software Predictive Analytics Software Analytics 40

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logility

JUNE 15, 2021

Food and beverage companies can use demand sensing to predict sudden market trends and prepare for actual supply needs. To accurately predict short-term demand, a demand sensing solution can be an asset in their forecasting toolkit. Demand fluctuations dominate the food and beverage (F&B) industry.

Supply and Demand 147

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ? Let’s think back on demand forecasting and warehousing management. Ongoing Optimization Shippers must optimize their procurement strategies.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

ToolsGroup

DECEMBER 1, 2015

Costa , the UK’s largest and fastest-growing coffee shop brand, implemented a demand and replenishment planning system that takes POS data from its unmanned, self-serve coffee stations every 15 minutes to forecast demand, optimize inventory, and generate nightly replenishment proposals for distribution and procurement.

Supply and Demand 120

Supply and Demand Modeling Demand Planning Software Inventory Reduction 120

The Logistics & Supply Chain Management Society

JULY 21, 2020

Logistics and Supply Chain Management programmes at Heriot-Watt University Dubai discusses how successful selection and implementation of a digital supply chain strategy can be predicted. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 233

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial? Download from the below link.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Supply Chain Opz

JANUARY 22, 2016

In the immediate term, predictive analytics drive a distinct competitive advantage to those few who are already leveraging it to its full potential. The concept of “connected logistics” covers the relevant end-to-end processes of warehouse management, transportation management, track & trace and the entire logistics network.

Predictive Analytics Software 100

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 100

Supply Chain Game Changer

SEPTEMBER 28, 2022

Historically Supply Chain was considered to include Procurement, Warehousing, Freight and Logistics. Procurement negotiates and sets the conditions for purchase of all goods and services, which by extension impacts cash flow. Further your Procurement team interacts with third parties all of the time.

Negotiating Skills 118

Negotiating Skills Negotiate Pricing Supply Chain Planning Software Supply Chain Strategy 118

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

GlobalTranz

FEBRUARY 6, 2017

In other words, robots will gain new movements, capable of picking items from shelves in warehouses and storefronts. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

Supply Chain Planning Software 82

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 82