Remove Examples Remove Scenario Planning Remove Tools
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

Probabilistic Planning Helps Master Supply Chain’s Unknowns

Logistics Viewpoints

When planning your weekend, you might check a 5-day weather forecast, which provides probabilities of rain, sunshine, or cloudy skies. Another example is commuting. Recently, Steve Banker wrote an article about taking a flight and planning the drive to the airport. The supply chain is no exception.

Insiders

Sign Up for our Newsletter

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

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

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

Top 5 Barriers to Supply Chain Network Design Adoption and How to Overcome Them

Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS

This on-demand webinar shares research findings from Supply Chain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts: Poor data quality. Don’t have the right tools/tools are too complex or expensive. Lengthy time to plan/execute. Lack of skilled resources.

article thumbnail

One-Number Plans are Bad Plans

Logistics Viewpoints

Matt Hoffman, Vice President of Product and Industry Solutions, at John Galt Solutions One-number plans are bad plans. A one-number forecast, for example, looks across the range of demand that might emerge in a period and decides to create a forecast that is mid-way between the most and the least demand that is apt to emerge.

article thumbnail

Digital Transformation Journey in Supply Chain Planning

Logistics Viewpoints

For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on Supply Chain Digital Transformation projects. Digital Transformation Journey.