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Sales & Operations Planning: Page 88
Future of Warehouse Automation
There are several overarching themes driving the push for more automation inside the four walls. Some relate to changing demographics in the labor force, others to how consumers are shopping today, and let's not overlook the constant striving for more efficiency, productivity and cost reduction.
China's Logistics Value to Develop 10 Percent in 2013
China Federation of Logistics and Purchasing (CFLP) made a preliminary estimation that China's social logistics value, the collective value of all logistics operations in the country, and the industry's added value, will be growing at a rate of 10 percent in 2013, and that there's little chance that the percentage logistics costs take up in the gross domestic product will drop.
Best-in-Class Capabilities Define the Difference in Sales & Operations Planning
Analyst Insight: Sales and operations planning (S&OP) still remains a challenge for many organizations. In Aberdeen Group's recent report, S&OP: A Critical Process for Superior Performance, we identified that more than half of the companies (56 percent) that are not best-in-class do not yet have a formalized S&OP process in place. The question becomes "Why and what are the differences between best-in-class and all others?" The answer can be found by examining differences between them for process and organizational capabilities. - Bryan Ball, Vice President and Principal Analyst, Aberdeen Supply Chain practice
PrimeRevenue Issues New Version of OpenSCi Supplier Platform
PrimeRevenue Inc., creator of a hosted platform for global supply-chain finance, has released version 5.5 of its OpenSCi SCiSupplier platform.
Optimizing Inventory to Respond to Demand Variability
Analyst Insight: While much has been written about demand driven, daily demand variability drives operations crazy. Most current inventory planning and optimization applications are disconnected from daily reality resulting in operations relying on custom spreadsheets and tribal knowledge to reconcile the gaps between plan and actual. In addition, the inventory planning applications are often disconnected from the optimization applications (if implemented at all), further exacerbating the operations conundrum. - Rich Sherman, Supply Chain Discipline Expert at Trissential
Seven High-Tech & Electronics Supply Chain Priorities to Focus on in 2013
Analyst Insight: During 2012, high-tech industry executives recognized that optimizing supply chain operations is directly related to profitable growth, higher operating margins and capital efficiency - each of which helps create value. While new products matter, factors such as selection, price, availability and service also enhance the buying experience. - Gene Tyndall, Executive Vice President, Tompkins International
The Big Data Imperative in Forecasting & Demand Planning
Analyst Insight: "Big data" software and analysis will be the most important supply chain technology for forecasting and demand planning in the years to come. Through analysis of huge quantities of data it provides a competitive advantage by providing unparalleled insights. The challenge for companies will be staying ahead of the technology in a cost-effective manner, and developing organizational processes to effectively utilize the huge amounts of data and absorb the information into their organizational decision making processes. - Nada R. Sanders, Professor of Supply Chain Management and Iacocca Chair, Lehigh University
TAKE Solutions Enhances Collaboration Suite; Supports Life Sciences
TAKE Solutions, a vendor of software for supply-chain management and the life sciences sector, has made enhancements to its OneSCM supply-chain collaboration suite.
Go Back to the Basics for Future Success in Demand Planning, Forecasting
Analyst Insight: As new software and technologies gain market entry and alternative sources of information come into play for improving the process of demand planning and forecasting, it is vital that companies embrace this rampant invasion of methodologies and information with a focused, retrospective view of the basics"”to achieve a successful demand planning and forecasting strategy. A strategy that goes back to the basics can help companies ensure they apply universal and effective principles for success. - Jorge GarcÃa, TEC Senior BI and Data Management Analyst, Technology Evaluation Centers
A Much More Holistic Approach Is Required in Forecasting & Demand Planning
Analyst Insight: Despite extensive writing from IDC Manufacturing Insights last year extolling the virtues of supply chain responsiveness "” and that in many cases investments in responsiveness might well be better served than investments in forecasting "” manufacturing supply chains continue to rate "making improvements in planning and forecasting" among their top investment priorities. Not that responsiveness isn't important, just that companies believe there is still more progress to be made in things like forecast accuracy. - Simon Ellis, Director, Supply Chain Strategies Practice, IDC Manufacturing Insights
Smaller But More Frequent Retail Orders
How Do I know If I Have a Profitable Supply Chain?
Analyst Insight: The lack of understanding of the supply chain by the financial team is the third-highest obstacle in achieving supply chain performance. The supply chain is a complex system with increasing complexity. Many unknowing financial leaders try to manage it through Excel spreadsheets which is inadequate to truly understand the trade-offs. - Lora Cecere, Founder of Supply Chain Insights
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