Remove Data Remove Events Remove Scenario Planning
article thumbnail

Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.

article thumbnail

Build a Digital Playbook Beyond Scenarios to Thrive in Uncertainty

Logistics Viewpoints

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The (misplaced) need for speed. Why faster supply chain planning will not get you to your destination.

Logistics Viewpoints

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.

article thumbnail

Supply Chain Planning – A Market Viewpoint

Logistics Viewpoints

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.

article thumbnail

Supply Chain Planning Maturity – How Do You Compare to Peers?

Today's supply chains are networked, global ecosystems. An event upstream in a different country or region can cause considerable disruption downstream. How prepared are supply chain teams to react and recover from a planning maturity stance? Time allocated to data collection: Data quality is a considerable pain point.

article thumbnail

The New Generation of Microservices-Based Applications Can Create ‘Cliff Events’

Logistics Viewpoints

Heavy research and development investments are being made in supply chain solutions. Most of the large suppliers of supply chain applications have moved their solutions to the Cloud. Executives at Blue Yonder refer to this as a “cliff event.” Blue Yonder is investing $1 billion over three years in their solutions.

article thumbnail

Fresh Demand Planning: How AI Empowers Retailers

Logistics Viewpoints

Given that we are in the age of AI/ML, I often think of how the small deli where I worked was a perfect training ground for applying AI/ML in fresh supply chain planning. There are various use cases of AI/ML for fresh demand planning of products, from producers to large grocery chains and even small delis in suburban Pennsylvania.

article thumbnail

How Data Science and Modeling Can Supercharge Your Risk Management

Speaker: Dr. Ken Fordyce, Solutions Director, Supply Chain and Advanced Analytics at Arkieva

Risk management is defined as anticipating and responding to an event not yet part of the plan of record that requires a significant adjustment in your demand-supply network (DSN). COVID-19 has put risk management at the front and center in the supply chain world. How to avoid data-driven disasters.