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Below is some curated content to keep you at the cutting edge of supply chain planning.
Multi-echelon Inventory Optimization vs Inventory Optimization
The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 million people per day in 6,684 cars across 472 stations1. Each station is part of a larger system and operates on a set schedule under one management umbrella. Imagine what...
Probabilistic Planning and Forecasting Demystified
This post was originally published at https://www.linkedin.com/pulse/primer-probabilistic-planning-forecasting-stefan-de-kok/ I have been blogging and advocating for the past 15 years on probabilistic approaches to planning and forecasting, and am happy to see in the...
A World in Flux: Global Supply Chain Predictions for 2021
In episode seven of Be Ready for Anything, industry insider Bob Ferrari discusses the pivotal factors affecting global supply chain revitalization in the coming year. Discover how to pinpoint your investments in supply chain management and regain your balance, even in...
Fashion Industry Challenges Require Elegant Demand Planning
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. While sophisticated...
Sales & Operations Execution (S&OE) vs. S&OP
S&OP (Sales and Operations Planning) or SIOP (Sales, Inventory and Operations Planning) is a well known supply chain planning process, yet not all supply chains have embraced Sales and Operations Execution (S&OE). As we all know, what you plan for and what...
Inventory Planning vs. Inventory Optimization: What’s the Difference?
What’s the difference between traditional inventory planning and inventory optimization? Anyone can come up with a plan. The real challenge is making sure it’s a good plan. Optimizing your inventory is a different beast than simply planning your inventory. If my time...
Transforming to a Customer-Driven Digital Supply Chain
This blog was originally published on https://optilon.com/optilon-academy/transforming-to-a-customer-driven-digital-supply-chain/. Building a customer-focused, digitally enabled supply chain comes with its challenges, but the benefits make the effort worthwhile....
Essential Skills to Secure Your Place in a Digital Supply Chain Organization
Industry 4.0 is knocking on the door of every logistics business in the world. As a professional, securing your place in any supply chain organization entails developing the supply chain skills needed to ride this global wave into supply chain digital transformation....
The New Normal: Predictions for Retail in 2021
In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. Check out the...
Infographic: Why ToolsGroup?
ToolsGroup is how organizations achieve their target service levels while optimizing inventory—no matter how complex their supply chain is or how much demand changes. That way, they can be ready for anything. What makes ToolsGroup different? 1. Probabilistic...