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January 31, 2023

Supply Chain Tower - Basics

What is a supply chain tower in retail?

A supply chain tower in retail is a set of integrated processes that enable retailers to manage the flow of goods from the suppliers to the customers. This includes the procurement, storage, distribution, and delivery of products. It also involves the management of inventory, pricing, and customer service. The goal of the supply chain tower is to ensure that the right products are delivered to the right customers at the right time and cost.

What are key components of supply chain tower

  • Demand Planning: This involves forecasting and anticipating customer demand, and setting production and inventory levels accordingly.
  • Procurement: This involves sourcing, negotiating, and purchasing the necessary materials and components for production.
  • Production: This involves the actual manufacturing of the product, and may involve multiple steps and processes.
  • Inventory Management: This involves tracking and managing inventory levels, and ensuring that the right products are available when needed.
  • Logistics: This involves the transportation and distribution of the finished product to the customer.
  • Customer Service: This involves providing customer support and managing customer relationships.

What are different products available for supply chain tower offering?

  • Supply Chain Planning: This includes solutions for demand planning, supply planning, inventory optimization, and production planning.
  • Supply Chain Execution: This includes solutions for order management, warehouse management, transportation management, and global trade management.
  • Supply Chain Analytics: This includes solutions for analytics, business intelligence, and reporting.
  • Supply Chain Collaboration: This includes solutions for supplier and customer collaboration, supplier performance management, and product lifecycle management.
  • Supply Chain Visibility: This includes solutions for real-time visibility, event management, and tracking.
  • Supply Chain Optimization: This includes solutions for supply chain optimization, process automation, and optimization.

What are different commercial products available for supply chain tower offering?

  • Oracle Supply Chain Management Cloud: Oracle Supply Chain Management Cloud is a comprehensive suite of cloud-based applications that enable organizations to manage their entire supply chain from end-to-end. It includes modules for demand planning, order management, inventory optimization, and transportation management.
  • SAP Ariba Supply Chain Tower: SAP Ariba Supply Chain Tower is a cloud-based platform that helps organizations manage their supply chain processes from end-to-end. It includes modules for demand planning, supply chain analytics, and supplier management.
  • JDA Supply Chain Tower: JDA Supply Chain Tower is a comprehensive suite of cloud-based applications that enable organizations to optimize their supply chain operations. It includes modules for demand forecasting, inventory optimization, and transportation management.
  • Infor Supply Chain Tower: Infor Supply Chain Tower is a cloud-based platform that helps organizations manage their supply chain processes from end-to-end. It includes modules for demand planning, supply chain analytics, and supplier management.
  • Kinaxis RapidResponse: Kinaxis RapidResponse is a cloud-based supply chain management platform that enables organizations to manage their entire supply chain from end-to-end. It includes modules for demand planning, supply chain analytics, and inventory optimization.

What it takes to build supply chain tower open source 

  • Develop a clear vision and strategy: The first step in building a supply chain tower open source is to develop a clear vision and strategy for the project. This should include a detailed plan for how the project will be developed, what type of technology will be used, and how the project will be maintained and supported.
  • Gather resources: Once the vision and strategy have been established, the next step is to gather the necessary resources to build the supply chain tower open source. This includes gathering the necessary personnel, software, hardware, and other resources needed to develop the project.
  • Design the architecture: The third step is to design the architecture of the supply chain tower open source. This includes deciding on the type of technology to be used, the architecture of the software, and the overall structure of the project.
  • Develop the software: Once the architecture has been designed, the next step is to develop the software. This includes writing code, testing the software, and ensuring that the software meets the requirements of the project.
  • Test the software: Once the software has been developed, the next step is to test the software to ensure that it meets the requirements of the project. This includes running tests, debugging the software, and ensuring that the software is secure and reliable.
  • Deploy the software: Once the software has been tested, the next step is to deploy the software. This includes setting up the necessary infrastructure, deploying the software to the production environment, and ensuring that the software is available to users.
  • Maintain and support the software: The final step is to maintain and support the software. This includes providing bug fixes and updates, responding to user feedback, and ensuring that the software is secure and reliable.

What is 09 supply chain offering and who are its competitors

09 Supply Chain is an online marketplace for businesses to find and purchase services related to logistics, transportation, and supply chain management. It provides a platform for businesses to compare prices, find the best deals, and connect with logistics providers. Its competitors include Freightos, Flexport, and Shipa Freight.

Top 10 ways to have real time inventory

  • Automate inventory tracking with barcode scanners.
  • Implement a cloud-based inventory management system.
  • Utilize radio-frequency identification (RFID) technology.
  • Utilize mobile devices for inventory tracking.
  • Utilize inventory management software.
  • Utilize automatic data collection (ADC) systems.
  • Utilize point-of-sale (POS) systems.
  • Utilize cycle counting.
  • Utilize automated replenishment systems.
  • Utilize automated inventory tracking systems.

Top 10 ways to have real time replienshment planning

  • Utilize real-time inventory management systems.
  • Analyze customer demand patterns.
  • Establish a reorder point.
  • Develop a replenishment strategy.
  • Automate the replenishment process.
  • Monitor supplier performance.
  • Utilize forecasting models.
  • Utilize safety stock.
  • Utilize vendor-managed inventory.
  • Monitor inventory levels.

Compare features between Freightos, Flexport, and Shipa Freight, 09 Supply Chain

Freightos:

  • Instant online freight quotes and bookings
  • Access to global carriers and freight forwarders
  • Real-time tracking and visibility
  • Automated document generation
  • Integrated payments
  • Customs clearance
  • Insurance
  • Freight audit and payment
  • Data analytics

Flexport:

  • Global freight forwarding
  • Customs brokerage
  • Warehousing and distribution
  • Real-time tracking and visibility
  • Data analytics
  • Automated document generation
  • Integrated payments
  • Insurance
  • Freight audit and payment

Shipa Freight:

  • Global freight forwarding
  • Instant online freight quotes and bookings
  • Real-time tracking and visibility
  • Automated document generation
  • Integrated payments
  • Customs clearance
  • Insurance
  • Freight audit and payment
  • Data analytics

Keep Exploring!!!

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