New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

Precoro

NOVEMBER 11, 2024

For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it.

Pricing Training 90

Pricing Training Expense Reduction Price Reduction Cost Reduction Strategies 90

SCMDOJO

MARCH 27, 2024

The world of supply chain management is fast-paced. Hence, leveraging the right technological tools becomes not only beneficial. This comprehensive guide highlights software that stands out. For each recommended software, we will delve into the key features that set it apart. However, it goes beyond mere listings.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 97

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Planning platforms can pull data from multiple internal and external data sources.

Supply Chain Planning Software 274

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 274

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 211

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 211

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 80

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 80

Logistics Bureau

NOVEMBER 23, 2024

To say there is any one single way in which to manage a warehouse would be folly—much depends on the nature of the supply chain and of the warehouse itself. If on the other hand, your warehouse is already free of these problems, it’s a good idea to take note of them anyway and to remain vigilant. . #1:

Warehousing 74

Warehousing Inventory Reduction Cost Reduction Strategies Waste Reduction 74

Logistics Viewpoints

OCTOBER 14, 2024

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

Supply Chain Planning Software 230

Supply Chain Planning Software Supply Chain Planning Scenario Planning Procurement Analytics 230

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 82

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 82

Logility

NOVEMBER 17, 2023

Conquer Intermittent Demand with Stochastic Replenishment Planning Industrial durables companies face the perpetual challenge of managing items with intermittent demand patterns. Let’s define what probabilistic replenishment planning is and explore why companies should embrace this approach. What is Stochastic Replenishment Planning?

Modeling 202

Modeling Scenario Planning Supply and Demand Demand Planning Software 202

Unleashed

SEPTEMBER 2, 2024

Purchase order (PO) systems are software tools that help you manage the end-to-end purchase order process. They streamline procurement workflows by automating key tasks such as purchase order creation, approval, distribution, and tracking. What is a purchase order system?

Procurement Solutions 52

Procurement Solutions Inventory Management Software Procurement Analytics Supply Chain Planning Software 52

Logistics Viewpoints

FEBRUARY 9, 2023

There are 3 common myths when it comes to adding new voice solutions to existing host or warehouse management systems (WMS): The Legacy Myth – You need a Tier 1 WMS to use voice-directed mobile applications so you should replace your custom-built systems or upgrade your legacy WMS package before looking at other solutions.

Optimization Software 176

Optimization Software Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 176

Logistics Viewpoints

JUNE 9, 2022

The good news is that these peaks come at about the same time every year and can therefore be easily planned for. But what really gets the supply chain and warehouse managers in a sweat are extremely intense sales days or weeks such as the well-known Black Friday or Cyber Monday. Balancing the workload – the real challenge.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 247

Supply Chain Shaman

JULY 23, 2023

The evolution of planning moves from a focus on the enterprise to an adaptive platform that senses and responds based on market data. An outside-in model requires a redefinition making today’s supply chain planning technologies legacy investments. What Is An Inside-Out Planning Process?

Supply Chain Planning Software 339

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 339

Logistics Viewpoints

MARCH 9, 2023

Autonomous Supply Chains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 220

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 220

ThroughPut

MAY 3, 2024

It’s no longer just about getting goods from A to B; it’s become a vital piece of the supply chain puzzle. Everything is connected – what happens in one part of the supply chain can shake things up in logistics, and the other way around. That is why logistics management software (LMS) is so much more today than what it used to be.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Logistics Viewpoints

FEBRUARY 20, 2023

Supply Chain Resilience Depends Upon End-to-End Visibility Service companies, where one firm takes over a set of duties that used to be done in-house, is quite common. In the supply chain world, contract logistics – where a third-party logistics (3PL) firm runs and manages warehouses on behalf of their clients, is a $200 billion plus market.

Supply Chain Planning Software 234

Supply Chain Planning Software Logistics Network Optimization Software GEP Supply Chain Software 234

Unleashed

JUNE 13, 2024

A warehouse management system (WMS) is a powerful software tool that can help improve warehouse efficiency and reduce the cost of holding inventory. WMS solutions are designed to optimise how a storage facility operates – from capacity utilisation to stock control – while making staff more productive.

Inventory Management Software 52

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

RFgen

JUNE 30, 2023

Prioritizing technology solutions in today’s digital environment is a necessity. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. Gone are the days of paper inventory tracking and manual data entry.

Inventory Management Software 78

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 78

My Office Apps

DECEMBER 7, 2023

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? One area with significant potential for improvement is procurement. It involves building and managing strong relationships with suppliers.

Inventory Reduction 84

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 84

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Logistics Viewpoints

SEPTEMBER 15, 2021

Earlier this month, I wrote an article about the diverse range of mobile warehouse robotics solutions available in the market today. Although the solutions vary greatly, they’re alike in the ability to offer greater flexibility than many of the traditional automation alternatives. Flexible Automation Offers Real Options.

Supply Chain Software 231

Supply Chain Software Warehousing Modeling Scenario Planning 231

Ware2Go

NOVEMBER 15, 2021

Use this guide to understand warehousing services, prioritize service level agreements, and choose the right warehouse partner for your business. Table of Contents: What is Warehousing? What Is Warehousing? Types of Warehousing Services. By this definition, a warehouse would only provide inventory storage.

Warehousing 105

Warehousing Negotiating Skills Inventory Reduction Supply Chain Network Software 105

ToolsGroup

JULY 19, 2023

But here, we’ll be talking about supply chain digital twins. A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

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 Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving.

Supply and Demand 376

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 376

ToolsGroup

MARCH 3, 2021

When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock. shorter product life cycles, and often protracted supply lead times. Hybrid models (i.e.

Supply and Demand 296

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 296

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

Supply Chain Planning Software 221

Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software Supply Chain Software 221

Unleashed

AUGUST 30, 2024

Managing a single warehouse can be a difficult task. When you expand to multiple warehouses or inventory locations, your challenges and risks begin to multiply. This article explores the ins and outs of multiple warehouse inventory management: the challenges, the advantages, and key best practices for doing it right.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Warehousing 52

DELMIA Quintiq

MAY 17, 2023

The impact of supply chain planning on sustainability According to Wikipedia, “sustainability is a societal goal that relates to the ability of people to safely co-exist on Earth over a long time.” The emissions that are generated to produce or transport, can be greatly influenced by the way supply chains are planned.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

Vinculum

SEPTEMBER 18, 2022

The entire market in the UAE/Dubai has changed due to the implementation of warehouse management software. The aspiring entrepreneurs are looking forward to launching their online store, so it is essential to know about the challenges and opportunities associated with warehouse management. WMS by Vinculum. Oracle Netsuite .

Saudi Arabia 52

Saudi Arabia Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

ThroughPut

JULY 4, 2024

The best inventory management software, powered by these advanced technologies, can not only assist you with daily tasks but also support business-level strategic planning. In this article, we’ll explore the top inventory management software with AI capabilities for enterprises in 2024.

Inventory Management Software 52

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

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa also offers a robust, market share leading, supply chain design solution. Initially, this product will focus on the purchase order (PO) acceptance process.

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 220

Enterra Insights

MAY 26, 2022

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Manufacturing Procurement Predictive Analytics Software 130

Unleashed

MAY 25, 2023

Inventory planning enables you to order the right stock at the right time to meet demand and prevent overstocking. What is inventory planning? Inventory planning is the process of determining the optimal amount of inventory that should be available in stock at any one time to successfully meet customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

Logistics Bureau

NOVEMBER 21, 2024

We are constantly told by Real Estate companies that the three most important elements of any real estate purchase are location, location, location. But does this really hold true for industrial real estate and in particular distribution centres (DCs) and warehouses? I would like to argue… not quite!

Warehousing 75

Warehousing Cost Reduction Strategies Inventory Reduction Supply Chain Design Software 75

Unleashed

JUNE 27, 2022

If you own a distillery, or are planning to, you’re going to be up against a lot of competition. There are now distillery software solutions out there to help with this, so you have the tools to avoid the inefficiencies and money pits that could give opportunities to your competitors to outpace you.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Procurement Solutions 98

Logistics Viewpoints

MARCH 27, 2023

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Would better forecasting accuracy be a good thing? Absolutely!

Forecasting 207

Forecasting Forecasting Software Modeling Optimal Sourcing 207