Reflecting on a Year of Challenges and Opportunities, Lessons Learned and a Look Ahead As we close the chapter on 2023, there’s no doubt that the supply chain industry has been through a transformative period. We navigated the aftermath of the pandemic and the Great Resignation, two significant events that reshaped our understanding of global … Read more
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Making Better Decisions Through Inventory Segmentation By Drazen Blagovic In the ever-evolving landscape of supply chain management, the importance of efficient inventory segmentation cannot be overstated. Our recent GAINS Summit shed light on this critical topic, offering groundbreaking strategies to help customers enhance decision-making through effective inventory segmentation. The GAINS Summit illuminated the path toward … Read more
Managing inventory, particularly seasonal items, remains a crucial yet complex task in the bustling realm of modern business. Traditional methods often fall short, especially in industries where demand fluctuates with the seasons. This article delves into an innovative approach to seasonal inventory: integrating seasonal and time-phased elements into service stock planning. This strategy promises to … Read more
Supply Chain Planning and supply chain design are closely interlinked processes. Planning focuses on how to best meet demand, including inventory management, production scheduling, and distribution. At the same time, Supply Chain Design involves structuring your supply chain to enable efficient planning and operation. It encompasses decisions on facility locations, transportation networks, and capacity. Effective … Read more
By Amber Salley In the fast-paced and ever-evolving realm of supply chain planning, the ability to adapt and harness the power of technology to make better decisions is not just beneficial; it’s imperative for survival and success. Improved decisioning was a hot topic at last week’s Gartner Supply Chain Planning Summit in Phoenix. Navigating the … Read more
By Amber Salley, VP of Industry Strategy at GAINS I was proud to represent GAINS at this year’s Gartner Supply Chain Planning Summit; I had the privilege of connecting with a diverse group of supply chain leaders, all eager to explore the evolving landscape of supply chain decision-making. My theatre session on the future of … Read more
By Steve Arvis In the digital age, data has become the backbone of decision-making; understanding the interplay between clean data and the principle of “Garbage In, Garbage Out” (GIGO), a term coined by George Fuechsel in the early 1960s, is crucial for any business. For example, if a mathematical equation is improperly stated, the answer … Read more
The evolution of technology has always carried the promise of improving various facets of business, and supply chain management is no exception. Artificial intelligence (AI), machine learning, and data analytics offer unprecedented opportunities for optimizing supply chain operations. However, the ultimate effectiveness of technology is significantly influenced by the level of trust that human operators … Read more
In today’s fast-paced business landscape, where agility, efficiency, and resilience are more crucial than ever, GAINS is emerging as a beacon of excellence in supply chain performance optimization. We’re ecstatic to announce that GAINS has been recognized as a Strong Performer on the 2023 Gartner® Peer Insights™ Voice of the Customers: Supply Chain Planning Solutions. … Read more
The Supply Chain Is Only as Strong as Its Weakest Link—GAINS Strengthens Every One In the hyper-competitive world of the distribution industry, supply chain professionals are the unsung heroes behind the curtain, tirelessly working to ensure that products go from point A to point B seamlessly and cost-effectively. It’s a job filled with uncertainty and … Read more