Advanced Analytics and Optimization: Future-Proofing Utility Supply Chains
Advanced Analytics and Optimization: Future-Proofing Utility Supply Chains
Recent Posts
Future-Proofing Utilities: Advanced Analytics for Suppl…Utilities in the electrical, natural gas, urban water, and telecommunications fields are all asset-intensive and reliant on physical infrastructure that must be properly maintained, updated, and upgraded over time. Maximizing asset uptime and the reliability of physical infrastructure demands effective inventory management, spare parts forecasting, and supplier management. A utility that executes these processes effectively will outperform its peers, provide better returns for its investors and higher service levels for its customers, while reducing its environmental impact. […]
Simple is Good, Except When It Isn’tIn this blog, we are steering the conversation towards the transformative potential of technology in inventory management. The discussion centers around the limitations of simple thinking in managing inventory control processes and the necessity of adopting systematic software solutions. […]
Leveraging Epicor Kinetic Planning BOMs with Smart IP&#…In this blog, we explore how leveraging Epicor Kinetic Planning BOMs with Smart IP&O can transform your approach to forecasting in a highly configurable manufacturing environment. Discover how Smart, a cutting-edge AI-driven demand planning and inventory optimization solution, can simplify the complexities of predicting finished goods demand, especially when dealing with interchangeable components. Learn how Planning BOMs and advanced forecasting techniques enable businesses to anticipate customer needs more accurately, ensuring operational efficiency and staying ahead in a competitive market. […]
Smart Posts
- Leveraging Epicor Kinetic Planning BOMs with Smart…Blog, Demand Planning, Excellence in Forecasting, Inventory Optimization, Operational AnalyticsIn this blog, we explore how leveraging Epicor Kinetic Planning BOMs with Smart IP&O can transform your approach to forecasting in a highly configurable manufacturing environment. Discover how Smart, a cutting-edge AI-driven demand planning and inventory optimization solution, can simplify the complexities of predicting finished goods demand, especially when dealing with interchangeable components. Learn how Planning BOMs and advanced forecasting techniques enable businesses to anticipate customer needs more accurately, ensuring operational efficiency and staying ahead in a competitive market. […]
The Next Frontier in Supply Chain AnalyticsBlog, Inventory control, Inventory OptimizationWe believe the leading edge of supply chain analytics to be the development of digital twins of inventory systems. These twins take the form of discrete event models that use Monte Carlo simulation to generate and optimize over the full range of operational risks. We also assert that we and our colleagues at Smart Software have played an outsized role in forging that leading edge. […]
Overcoming Uncertainty with Service and Inventory …Blog, Inventory control, Inventory OptimizationIn this blog, we will discuss today's fast-paced and unpredictable market and the constant challenges businesses face in managing their inventory and service levels efficiently. The main subject of this discussion, rooted in the concept of "Probabilistic Inventory Optimization," focuses on how modern technology can be leveraged to achieve optimal service and inventory targets amidst uncertainty. This approach not only addresses traditional inventory management issues but also offers a strategic edge in navigating the complexities of demand fluctuations and supply chain disruptions. […]