Category: Best Practices

Introduction  Supply chain agility is essential for organizations to remain competitive. Consumer demands, new technologies, and economic conditions can disrupt the balance between supply and demand. Supply planning, or accurately estimating the quantities of products, raw materials, or components needed to meet customer demand, represents one key supply chain challenge. Effective supply planning helps organizations […]

Introduction The COVID-19 pandemic prompted organizations to reevaluate their supply chain strategies to ensure they could meet rapidly changing customer needs. Companies are shifting away from traditional push or pull inventory approaches toward more dynamic, complex models that can better match customer demand. In this rapidly evolving landscape, the ability to experiment and validate new […]

Introduction For industries like Telecommunications, Utilities, Oil and Gas, and Mining, ensuring the right products arrive at the right place and time is mission-critical. Failure to do so can result in operational delays, poor labor utilization, increased costs due to unplanned asset/product movements, and irreversible damage to an organization’s reputation and financial performance. Organizations in […]

Introduction Supply chains are vast, interconnected networks spanning multiple tiers of suppliers, manufacturers, distributors, and customers across diverse geographies. These complex, multimodal networks involve numerous internal and external players operating at different consumption points. The multitude of participants, disparate systems, and lack of seamless data sharing challenge demand and supply planning processes, making it difficult […]

Organizations face a complex challenge in maintaining sustainability compliance across their vast, global supply chains. Managing complex regulatory requirements, collecting data from suppliers worldwide, and auditing that data for accuracy using traditional email and fragmented messaging tools proves inefficient and error-prone. As organizations navigate the modern supply chain landscape, embracing digital and physical transformations will […]

Persistent supply chain disruptions have exposed the vulnerabilities caused by siloed data and disjointed processes that impact supply chain visibility, agility, and resilience. The Ferrari Consulting and Research Group’s comprehensive research advisory report addresses these critical challenges and provides a roadmap for enhancing end-to-end supply chain synchronization. It emphasizes establishing a broad, interconnected supply chain […]

AWS was recognized as a notable vendor among retail planning platforms that help improve customer service, increase inventory turnover, and safeguard margins in the recent Forrester report, The Retail Planning Platforms Landscape, Q3 2023. This report provides an overview of retail planning platform vendors that help retailers manage demand and inventory planning. Forrester defines retail […]

Managing a supply chain in the modern, dynamic marketplace presents numerous challenges because businesses must contend with fast-changing consumer demands, technological advancements, economic volatility, and increasing competition. These factors disrupt supply and demand balance and increase operational complexity. Supply planning, or the process of estimating the product quantities (or raw material or components) needed to […]

Supply chain disruption costs in the United States topped $228 million in 2021. These costs go beyond dollars with damage to brands, operational costs, delayed cash flows, customer complaints, loss of customers, and loss of productivity. A 2022 survey by The Economist found that 46% of large corporations (with more than $1B revenue) are launching […]

The aim of any inbound supply chain for materials is to make sure that spare parts, rotable spares, and consumables arrive to operations in time to execute planned maintenance work. Too often, though, low performance, the lack of trust between teams and limited visibility for materials lead to frequent replanning and excess reliance on expediting […]