Venky Ramesh

I’m pleased to announce Curtis Ying, Mike Liebson, and I have just published an article, “Case Study: Optimizing Delivery Scheduling at a Large Restaurant Chain,” in the Fall issue of the Journal of Business Forecasting at https://lnkd.in/gGEKxHDm Full text available at: https://lnkd.in/gPR8H5xw The article introduces a new approach to distribution center (DC) delivery scheduling, a novel concept we call Master Purchasing Receipt Scheduling (MPRS). The article details how an iconic American $10B+ quick-service restaurant chain uses MPRS to reduce DC bottlenecks, increase receiving efficiency, and eliminate hundreds of hours of planning time. #supplychainplanning #inboundlogistics #qsr

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Our July episode delved deep into the belly of the beast: uncertainty. Madhav Durbha, Richard Huston, and Casey McSherry discussed how to manage supply chains in a world that is in constant flux, whether it's natural disasters, geopolitics, or economic turmoil throwing retailers and CPGs for a loop. Check out the conversation - and follow RELEX Solutions on LinkedIn to be notified of our upcoming #LinkedInLive shows! #SupplyChain #Uncertainty #Change

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Where we talk about TMS integrations with ERPs

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🌟 Highlights from Umang Khan: Guiding the Conversation on AI & IBP 🌟 During the recent Supply Chain Talks webinar, Umang Khan, Associate Partner at Supply Chain Talks, skillfully led the discussion, bringing out invaluable insights from the panelists on leveraging AI and ML for transforming supply chain planning and Integrated Business Planning (IBP). 🎙️ Key Points from Umang’s Hosting: 1️⃣ The Importance of Diverse Perspectives Umang emphasized the value of bringing together industry experts to share their unique insights on AI-driven solutions, ensuring a well-rounded and actionable discussion. 2️⃣ Driving the Narrative on AI’s Necessity She highlighted how AI and ML have shifted from being “nice-to-have” technologies to essential tools for agility, precision, and profitability in the supply chain landscape. 3️⃣ Fostering Engagement on Real-World Challenges By asking thought-provoking questions, Umang steered the conversation to address real-world issues like disruption management, financial impacts, and organizational alignment when implementing AI solutions. 4️⃣ Connecting Innovation with Practical Implementation Umang bridged the gap between technical solutions and practical applications, ensuring the discussion remained relevant to the audience's day-to-day challenges and aspirations. 5️⃣ Highlighting AI’s Role in Empowering People She underscored that AI is not just about automation but also about enabling supply chain professionals to make smarter, faster, and more impactful decisions. 📌 Catch Umang’s Expert Moderation in the Webinar Recording: https://lnkd.in/d-Cpg54m 💬 How do you think great moderation impacts knowledge sharing in webinars? Let us know in the comments! #SupplyChain #AI #MachineLearning #IBP #Webinar #Leadership #Innovation #BusinessTransformation

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#Coupasummit riveted but Michael Grant who leads #WorldVision global Supply Chain talking about how they squeeze margins to ensure that the absolutely maximum of every donation becomes impactful in the field. #Coupa bringing full transparency to their entire #procurement and supply chain. #DoingGoodwhileDoingGood #SupplyChain #Coupa

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A Vision for the Future: How Indian Beauty Brands Can Thrive with Kinaxis Maestro The Indian beauty and cosmetics industry is flourishing, driven by rising incomes, changing consumer preferences, and an expanding middle class. To stay ahead in this competitive market, leading brands are adopting advanced technologies to enhance supply chain visibility, streamline operations, and deliver outstanding customer experiences. One such transformative solution is Kinaxis Maestro, a powerful platform for supply chain orchestration. While specific adoption details remain confidential, the potential for Indian beauty and cosmetics brands is immense. Transformative Benefits of Kinaxis Maestro By implementing Kinaxis Maestro, beauty brands can unlock: ✅ Real-Time Visibility: Gain actionable insights into inventory, production schedules, and logistics. ✅ Enhanced Demand Planning: Forecast demand with precision to optimize production and procurement. ✅ Optimized Inventory Management: Minimize stockouts and excess inventory to improve cost efficiency and customer satisfaction. ✅ Accelerated Time-to-Market: Launch products faster by reducing lead times. ✅ Improved Agility: Quickly adapt to changing market trends and consumer preferences. ✅ Seamless Collaboration: Strengthen coordination between internal teams and external partners. Potential Industry Leaders Kinaxis Maestro is perfectly suited to meet the demands of leading Indian beauty and cosmetics brands, including: 💡 Hindustan Unilever Limited (HUL): With a strong presence in beauty and personal care, HUL can leverage Kinaxis Maestro to optimize its extensive supply chain operations. 💡 Godrej Consumer Products Limited (GCPL): Known for a wide range of beauty products, GCPL can enhance efficiency and responsiveness. 💡 Marico Limited: A leader in hair and skin care, Marico can benefit from improved visibility and agility. 💡 Lakmé: A pioneer in the Indian cosmetics market, Lakmé could utilize Kinaxis Maestro to streamline product launches and meet consumer demand more effectively. 💡 Colorbar Cosmetics: One of India’s fastest-growing beauty brands, Colorbar could use this platform to optimize inventory and reduce lead times. 💡 Sugar Cosmetics: Known for its trendy and innovative products, Sugar Cosmetics could boost agility and accelerate time-to-market with Kinaxis Maestro. By embracing digital transformation and integrating cutting-edge technologies like Kinaxis Maestro, Indian beauty and cosmetics brands can stay ahead of the curve, delivering superior value to customers while achieving sustainable growth in a competitive market. Here’s to the future of beauty powered by innovation and excellence! #SupplyChainExcellence #KinaxisMaestro #IndianBeautyIndustry #DigitalTransformation #CosmeticsIndustry #Innovation #CustomerExperience #Growth #TechnologyInBeauty

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Discover how Mike Racer, Senior Vice President of Supply Chain at Sephora, credits EXL with revolutionizing their operations. This partnership has been crucial not just for supply chain efficiency, but also for enhancing procurement, finance, and more. Through innovative automation and insightful data analytics, Sephora is mastering inventory management and swiftly adapting to the evolving retail landscape, all thanks to EXL’s strategic support. Uncover the full story: bit.ly/49zNC2j #SupplyChainInnovation #DataDrivenSolutions #RetailTransformation

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📦 Order Visibility Is Critical Amid Low Inventories 🌐 Check out this insightful article by our CEO, Mathew Joseph Elenjickal, on how real-time order visibility is transforming supply chain management for retail and CPG companies. Discover how accurate data and integrated systems can optimize inventory strategies, enhance operational efficiency, and prepare businesses for future challenges. Read more: https://lnkd.in/gVKrPUmj FourKites, Inc. #SupplyChain #OrderVisibility #Logistics #Retail #CPG #FourKites

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Ahead of the #SONAR festival this weekend in Barcelona, our team is at the Gartner Supply Chain Symposium this week. Stop by and say *hola* to my friends Andrea von Harpe , Gabriel Werner , Sandra Lelieveld , Robert Booth , Lionel Agostini, Charlotte Diener, Michell Hathaway Garzon, Corey Tollefson , Terry Turner and our Blue Yonder team. I cannot be at Gartner this time but will definitely be at #SONAR to watch Laurent Garnier and Paul Kalkbrenner with my friend Frédéric Gramond on Friday and Saturday 😊⚡️🪩 There is so much goodness happening at Blue Yonder . Let’s fulfill the potential. 🚀🙏 #supplychain #transformation #retail #manufacturing #LSP #ai

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This report by Vaibhav W. is one of a series of detailed individual sector reports on enhancing supply chain resilience published by NelsonHall...

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We are thrilled to announce Logistify AI's partnership with Microsoft, 1871, & Accenture!! Bringing Artificial General Intelligence (AGI) to automate manual workflows in hashtag #logistics and hashtag #supplychain is a tough challenge, and we’re glad to be working with some of the best partners to execute our vision. Special thanks to: Kaavya Balasubramanian from Accenture, Billy Ndizeye & the whole 1871 team for taking a bet on us. Our first AGI automation is to solve manual data entry from paper-based procurement documents e.g. Limited Purchase Orders (LPOs), Goods Received Notes (GRNs), Delivery Notes, Invoices, Purchase Requisition or Quotations. Checkout a demo in the first comment below. Read the Logistify AI announcement: https://lnkd.in/daBHqtbj Read the 1871 announcement: https://lnkd.in/dqH6fT83 hashtag #GenerativeAI hashtag #SupplyChain #1871 hashtag #ChicagoTech

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Cost has been one of the top issues for most e-commerce, CPG or retailers over decades. Reducing cost at an affordable price & pace requires rethinking entire supply chain and adopting to new devised strategies religiously. I still remember one of my fascinating event where the supply chain business team had asked us -"Why should we fund the DS (Data Science) team for the next year, what value have we generated from the solutions DS team in last couple of years? " Valid question, but I was like "How dare he ask this :)". The DS team was responsible for providing Demand Forecasting & Order Forecasting for different categories. I had good understanding with 2 category managers out of several others and knew they had adopted most of our recommendations. I quickly pulled up the historical trend of excess stock value and lost sales value of last 3 months for all the categories only to realise that 1 of the category which was well adopted by the planner had seen a decrease in excess stock value from $40M to $20M, this was massive. I directly pulled the team into the meeting along with the category manager and validated the planning decisions, and it was all perfect. This event had changed the way I started looking at the Data Science problems specially in supply chain area. With the laser focussed approach to extract value with maximum adoption became the mantra. This is exactly what we are doing with our every customer here at TrueGradient. We are promising value ROI of 20-25 times just in terms of cost saving. #supplychainoptimisation #demandforecasting #inventoryoptimisation #valuechain #machinelearning #neuralnetworks

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Store brands are one of the ways shoppers can save money and unlike older Gen X and Boomer generations, young Millennials and Gen Z don't have the same preconceived notions about store brand quality. In fact, many will say store brands have quality levels that rival national brands. But brands have an advantage in that their relationship is directly with the consumer regardless of the retailer. Quality, formulas and tastes are the same whether the item is bought in Los Angeles or Boston. As the price gap between national brands and premium store brands narrows, the advantage will go to the brands that know their value proposition, communicate it clearly and promote effectively.

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It is process, people, data, and models where software is the enabler as one loosely coupled entity. THis is a good list, but missing, from my experience is a team of agents of change. there is an arkieva blog on this. source material is paper by John milne based on his leadership of a huge transformation at ibm md... that was successful. second, this is not a traditional IT project, but is often managed that way. gary sullivan defined successful as... user can not imagine life without the application. gary led one of the most successful and challenging transformations in the early 1980s taking a wafer fab from paper to real time data and advanced analytics. there are great lessons each year in the informs edelman competition. I am again part of the edelman committee, [email protected]. yes gary and John were both finalist. transformation is not for faint of heart. helpful to have veterans on the team with wins and losses

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