article thumbnail

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

Logistics Viewpoints

Effective scenario testing also requires well-trained users proficient in the system’s functionalities, making it difficult to achieve accurate results quickly. Simplified Planning Process: ISP simplifies the planning process into manageable steps and scenarios, providing clear guidelines, templates, and training.

Modeling 216
article thumbnail

Elevating Inventory Management with Multi-Echelon Inventory Optimization

Logility

Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. Yet, recent research suggests a more advanced approach, Multi-Echelon Inventory Optimization (MEIO), surpasses traditional methods. This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Transform Your Supply Chain: The SCMDOJO Training Track

SCMDOJO

The SCMDOJO Supply Chain Track offers a comprehensive supply chain training program to equip you with the knowledge and skills to excel in this dynamic field. Demand Forecasting: Develop accurate forecasts of future customer demand to optimize inventory levels and production planning. Learn more about the whole program.

article thumbnail

How to Elevate your Product Segmentation Strategy with Supply Chain Optimization?

AIMMS

Product segmentation strategies trigger leaders to rethink their supply chain optimization plans, by focusing on cost-efficiency, service, and sustainability. 

article thumbnail

How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. The result was a year-over-year savings of more than 3%. This is essential reading for all procurement and supply chain leaders.

article thumbnail

Procurement Training Reimagined: SCMDOJO Launches Procurement Track

SCMDOJO

Do you dream of confidently navigating the ever-changing procurement world, not confused with what procurement training to opt for? The SCMDOJO Procurement Track isn’t just another training program – it’s your key to unlocking a commanding presence in the field. Dive in and discover the power within!

article thumbnail

Supply Chain Software Implementation: How to Optimize ROI 

Logility

Businesses need a more prescriptive approach to supply Chain Software Implementation to optimize ROI. A strong starting point? Clear goals.

article thumbnail

How to Optimize Your Supply Chain in Times of Disruption

Research by GEP and North Carolina State University shows how tech can fix the gaps and ensure supply chain resilience and optimization. Disruptions expose gaps in the supply chain and amplify problems. What can be done? Download now!

article thumbnail

Next-Generation Fulfillment Strategies and Operating Models: A Strategic Playbook

Download this GEP playbook to learn more about the next generation of fulfillment strategies and operating models. Faced with many fulfillment constraints and older operating models that can’t keep up, companies must look to the future.

article thumbnail

Common Use Cases for Mathematical Optimization

Mathematical optimization is a subset of artificial intelligence and a type of prescriptive analytics. What are some of the most common use cases for mathematical optimization across industries? This guide is ideal if you: Are curious about the different application areas for mathematical optimization.

article thumbnail

Just In: Inventory Optimization Research

How are organizations performing on inventory optimization? For instance, inventory optimization is now a strategic priority for 35% of organizations. The technologies in use and the benefits of optimization. How can new technologies help your team improve? Find out in this new research report. Inventory: asset or liability?

article thumbnail

Easily Build an Optimization App and Empower Your Data

Speaker: Gertjan de Lange

If the last few years have illustrated one thing, it’s that modeling techniques, forecasting strategies, and data optimization are imperative for solving complex business problems and weathering uncertainty.

article thumbnail

How Does Your Inventory Optimization Process Compare to Peers?

Take it now to see how your inventory optimization process scores and benchmark it against peers. Are You Betting on the Right Tools to Succeed in 2021? The 15-question assessment takes only 5 minutes to complete. Responses are aggregated and kept anonymous. We hope it serves as a thought-provoking exercise to improve your approach! -->

article thumbnail

GEP Procurement & Supply Chain Tech Trends Report

This is a must-read for anyone looking to achieve their goals of cost optimization, efficiency, and resiliency.

article thumbnail

2020 Database Strategies and Contact Acquisition Survey Report

47% of marketers said they have a database management strategy in place, but there is room for significant improvement. As buyer expectations to receive this type of relevant engagement continues to heighten, database management strategies are of high importance.