AIMMS’ Post

Supply chains are already complex, so don't complicate things further when presenting related data in a convoluted way. Instead, it's crucial to simplify the information so that your audience can easily understand it. Use clear graphics, concrete examples, and straightforward language to highlight key points. By simplifying your presentation, you not only help your audience grasp the data better but also enhance their chances of taking appropriate action based on that information. Remember, simplicity is key to effective communication in the world of supply chain management. Discover the full story! Click below to delve into more details. #scmguide #supplychain #supplychainmanagement

🚚 Optimizing Supply Chain Logistics: Data Visualization and Cost Minimization Strategies 📊 I’m excited to share my latest project that focuses on optimizing supply chain logistics through advanced data analysis and interactive visualization techniques. In this project, I developed a robust framework to tackle key challenges in supply chain management, such as product availability, customer assignments, and freight rates. By mapping out the supply chain network and applying cost minimization strategies, I was able to identify significant cost-saving opportunities and support data-driven decision-making. 🔍 Key Highlights: Network Visualization: Mapped out critical nodes and connections within the supply chain network. Cost Minimization: Identified the most cost-effective plant and port combinations for order fulfillment. Strategic Insights: Provided actionable recommendations for optimizing supply chain operations and planning future enhancements. 💡 Future Directions: Incorporating real-time data for dynamic decision-making. Expanding network analysis to include more granular details like traffic patterns and transportation modes. Developing a multi-objective optimization model balancing cost, delivery time, and sustainability. This project has been a great learning experience, allowing me to apply my skills in statistics, data analysis, and optimization to real-world supply chain challenges. Check out the project on Github: https://lnkd.in/g5QbMq_V Visit my website for more insights: https://lnkd.in/gDTE4SQ4

🚀 Boost Your Supply Chain Visibility! 🚀 Just read an insightful article titled “Supply Chain Visibility. If It Seems Simple, Look More Closely” and it’s a must-read for business owners! https://lnkd.in/e3vqxK5r

🚀 Boost Your Supply Chain Visibility! 🚀 Just read an insightful article titled “Supply Chain Visibility. If It Seems Simple, Look More Closely” and it’s a must-read for business owners! https://lnkd.in/gPEw_brt

🚚 Streamline Supply Chain and Inventory Operations with Real-Time Data 🚚 In the fast-paced world of supply chain management, real-time insights are crucial for reducing bottlenecks and making smarter decisions. Incorta's direct data mapping technology allows you to access detailed data instantly, without the need for complex ETL processes. 📊 Check out this video to learn how we’re helping companies drive operational efficiency and improve data accuracy! 👇 [ https://lnkd.in/epb-tz7j ] #SupplyChain #DataAnalytics #InventoryManagement #RealTimeInsights #Incorta

I have been working with Georgia Tech and Lora Cecere to determine to whether a supply chain balanced scorecard drives business value (Market Cap). The results are surprising and compelling. After conducting a detailed analysis of 30 years of data for 3 different industries (Phama, Food and Bev and Chemicals), the team at Georgia Tech identified up to a 70% correlation between supply chain perfomance and market cap. Businesses need to recognise the importance that supply chain has on driving business value, and to move away from functional metrics to a balanced scorecard

Warehouses are complex ecosystems where outdated practices can quickly lead to chaos. Our blog discusses how to tackle: ● ❓ Data silos preventing a clear operational picture ● 📆 Scheduling conflicts causing unnecessary delays ● 🔄 Reactive decision-making that limits efficiency Real-time visibility isn’t just about technology—it’s about solving these real-world problems and unlocking better workflows. Learn how to navigate these challenges and more: https://hubs.li/Q0301TFS0 #SupplyChainIssues #WarehouseOptimization #Insights

⛔ Stop creating a BEAST and fix the root cause ⛔   When running a Value Stream Design event, there is a tendency to heavily focus on the process steps/process flow and design a future state that can manage the customer demand. (Orange zone)   What gets less focus is the input data/information flow. This is the customer demand signals, how it is controlled and aligned in the ERP/MRP systems and finally how it aligns to the supply base and inventory requirements. (Green zone)   The reason for this is because they can see the flow, they can visit the shop floor and look at the processes. You are more likely to focus and get excited about what you can see, feel and hear. Also its exciting and fun to look at the processes, you get far more engagement as it's what is effecting the employees here and now. I have seen many value stream designs get 'over designed' due to not actually fixing the root cause, poor data quality!!   Examples of poor data quality: ❌ Data from customer that has huge range swings daily or weekly. ❌ Yield data from operational performance is not factored into demand signals in MRP/ERP. ❌ MRP/ERP is not kept up to date with latest operational or supplier performance thus the supplier signals are incorrect.   When we focus more on the process flow with poor data we actually start to build in mechanisms that actually builds in waste (creating a 'beast') that can cope with these poorly managed inputs. You may start to see: ◾ Higher inventory to protect against demand 'lows'. ◾ Additional machines to meet the demand 'highs'. ◾ Additional employees or Over Time to meet the demand 'highs'. ◾ Additional shifts to be able to meet the demand 'highs'. ◾ Productivity challenges due to spare people/machine capacity when in a demand 'low'. ◾ Suppliers not being able to flex with the variability thus not providing a sustainable supply.   5 simple steps could help eliminate or reduce the effect of the above situations before you start to build in extra cost and flow solutions with inventory, people & machines ✔️ Create an effective SIOP & MPS process that looks out across the next 24 months and is reviewed regularly with key stakeholders. ✔️ LEVEL LOAD the customer demand to create a daily/weekly repeatable consistent demand signal to operations. This will help capacity modelling accuracy. ✔️ Ensure latest operational YIELD is factored back into the demand. If the customer wants 100 but the current operational yield performance is 90% then the true demand is 110. ✔️ Ensure that the Supplier performance and Operational performance is factored into the qty requested. If the customer wants 100 but the current operational yield performance is 90% and the supplier yield is 90% then the true ordering qty is 121. ✔️ Build a MRP/ERP review cycle to ensure the data is accurate to latest operational & supplier performances.   Take your time, ensure the data is accurate and giving the process design a fighting chance to be successful and efficient.

Warehouses are complex ecosystems where outdated practices can quickly lead to chaos. Our blog discusses how to tackle: ● ❓ Data silos preventing a clear operational picture ● 📆 Scheduling conflicts causing unnecessary delays ● 🔄 Reactive decision-making that limits efficiency Real-time visibility isn’t just about technology—it’s about solving these real-world problems and unlocking better workflows. Learn how to navigate these challenges and more: https://hubs.li/Q0323HrQ0 #SupplyChainIssues #WarehouseOptimization #Insights

Did you know that #SupplyChain disruptions cost global businesses billions every year? At Semantic Visions, we’ve developed a solution to tackle this challenge head-on. Our award-winning Multi-Tier Supply Chain Mapping product enables businesses to: ✅ Identify hidden risks beyond Tier 1 suppliers ✅ Improve decision-making with real-time data ✅ Build resilience in complex supply chains Read more about how we’re redefining supply chain transparency in the full article on the Business Insider website - https://lnkd.in/dZrMvyZs #SupplyChainMapping #RiskManagement #SupplyChainInnovation #MarketIntelligence