Supply Chain Shaman

JULY 22, 2019

Industry-by-industry, I compiled data for the period of 2010-2018. The source data for the analysis comes from Ycharts.). We selected these metrics based on correlation work with Arizona State University in 2012. The companies I work with struggle to set metrics targets. Click the link to see the detail.) Target Setting.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

Supply Chain Game Changer

NOVEMBER 25, 2018

Gartner recently announced their 2018 Top 25 Supply Chains List. The 2018 Gartner Top 25 Supply Chain List. Source: Gartner. But overall most of the list was the same as 2017. In fact if you go back 5 years to 2013 you will find that most of the names are the same as on the 2018 list. Gartner Survey Metric Notes: 1.

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

NC State SCRC

JULY 28, 2019

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. This includes, but is not limited to, the proper disposal of hazardous waste. But audits will no longer be enough.

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Sourcing Strategies Sourcing 40

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Now in 2018, we are starting to see the evolution of “Gods” with new business models that are redefining supply chain processes. Figure 1: Supply Chain Metrics Are a Balancing Act. I was wrong.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Talking Logistics

AUGUST 20, 2018

To gain insights on that question and more, Adelante SCM and BluJay Solutions conducted a web survey of supply chain and logistics professionals in March 2018. Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, August 2018.

Innovation 100

Innovation Company Cost Reduction Strategies Logistics Network Optimization Software 100

The Logistics & Supply Chain Management Society

MAY 18, 2021

In a 2018 article published by McKinsey, the consulting firm, noted that despite inherent challenges, the payoff of digitally enabled agility can be staggering. Strategic product segmentation, sourcing and inventory management. Effective pricing and promotions management.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

ToolsGroup

APRIL 25, 2019

Without baseline metrics on what you want to improve on and why, how can you be confident your strategy is working? And because machine learning systems get smarter over time, having a consistent method of measurement is even more important to ensure you can accurately track how outcomes and ROI are improving against established metrics.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

Arena Solutions

APRIL 4, 2023

1 In 2018, the three engineering disciplines producing the most degrees were, mechanical engineering, with 31,936 degrees, computer science with 19,082 degrees, and electrical engineering with 13,767, 2 And in 2020, 199,790 degrees in engineering were awarded in the U.S. The big push now is to get manufacturing and sourcing closer to home.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

ToolsGroup

APRIL 1, 2022

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Global paper output is expected to be 4 million tons short of its 2018 level, with predictions of 416 million tons in 2022. Image source: Financial Times.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. Average Inventory Levels by Industry over the Period of 2010-2018.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

ivalua

NOVEMBER 26, 2019

Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Leaders need to be more ambitious if they are to truly establish Procurement as a source of strategic value. The Importance of Ambition.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

Logility

DECEMBER 2, 2020

Source: Nielsen Product Insider, 10/20/2018. They learn from the outside and are far more likely to encourage their employees to assimilate knowledge from sources external to their company. The results from another study reported that over 60% of Gen Z and Millennial shoppers prefer to buy from sustainable brands.

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

Supply Chain Matters

MARCH 12, 2024

The development, initially reported by The Wall Street Journal citing informed sources, involves the interviewing of passengers and crew members who were on-board the aircraft at the time of the incident. Thus, there is likely a long tail involved in the scope.

Quality 52

Quality Alaska Manufacturing Procurement Supply Chain Design Software 52

Enterra Insights

JULY 16, 2018

”[1] The report focused on four key metrics: supplier criticality, supplier financial risk, global sourcing risk, and foreign exchange risk. If you are an upstream supplier or a downstream retailer, different metrics must also be considered. ” IndustryWeek , 18 May 2018. [3] ” Footnotes. [1]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 100

The Logistics & Supply Chain Management Society

MAY 18, 2021

In a 2018 article published by McKinsey, the consulting firm, noted that despite inherent challenges, the payoff of digitally enabled agility can be staggering. Strategic product segmentation, sourcing and inventory management. Effective pricing and promotions management.

Agile and Lean Supply Chain 147

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Modeling 147

Enterra Insights

SEPTEMBER 16, 2019

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. Transparency, on the other hand, involves moral and ethical dimensions of activities associated with sourcing and manufacturing. sources of raw materials. performance-based metrics. direct suppliers.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

Bristlecone

AUGUST 17, 2020

In the 2018 book Factfulness , Swedish statistician and author Hans Rosling, together with his son Ola Rosling and daughter-in-law Anna Rosling Rönnlund, suggest that the vast majority of human beings are wrong about the state of the world. I wonder if the Roslings would still stand by their 2018 description of the world. The Gap Year.

Optimal Sourcing 98

Optimal Sourcing Modeling Scenario Planning Manufacturing Procurement 98

Supply Chain Shaman

FEBRUARY 23, 2017

Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. We are capturing case studies like the BASF’s for our 2018 book on supply chain leadership.

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

GlobalTranz

NOVEMBER 19, 2018

On the other hand, only 8 percent of companies that were rated by their executives as less than significantly above average on supply chain-related metrics have the same performance. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Without a doubt, managing supply chain is nothing but easy.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

Supply Chain Game Changer

AUGUST 13, 2020

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Many trusted sources accredit global GDP growth during the last 15–20 years, widely to the spread of globalization. This raises the question…. Is COVID19 the death of Global Supply Chains?

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Enterra Insights

JUNE 13, 2018

What is much easier to measure is cost — so that’s what drives the metrics and incentives.”[1] The cited passage reads, “Most CEOs continue to ignore supply chain management and sourcing. 3] Lora Cecere, “ Why Our Goal Should Not Be an Integrated Supply Chain ,” Supply Chain Shaman , 20 April 2018. [4]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 100

IQMS

JULY 11, 2019

The ten ways machine learning is revolutionizing manufacturing in 2018 include the following: Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations are is achievable with machine learning. Source: Technology and Innovation for the Future of Production: Accelerating Value Creation (38 pp.,

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Stord

APRIL 7, 2019

Macy’s hired its first chief supply chain officer (CSCO) to oversee sourcing, inventory management, distribution, and sustainability. Delta reported a dip in air cargo freight last month compared to March of 2018. for January through March compared to the same three months in 2018. This number fell by 5.4%

Warehousing 60

Warehousing Kansas City Los Angeles New York City 60

Talking Logistics

JANUARY 8, 2018

Do we have the right Service Level Agreement metrics in place? Cahn also highlighted on-time delivery risk: “Will a supplier be around to support my delivery schedules and can I trust them not to shut down my plant [due to a late or missed delivery],” he added. “Do Is the mode of transport the most efficient to impact on-time delivery?

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

Enterra Insights

JUNE 21, 2021

However, it is important to propagate these metrics vertically.” 4] Robinson adds, “Disparate data sources and divergent systems are frequently identified as causes of siloed behavior in the supply chain. The win-win scenario is not about all sides reaching a happy compromise; it’s about all sides “winning.”

Modeling 130

Modeling Scenario Planning Optimal Sourcing Modeling Software 130

Talking Logistics

OCTOBER 27, 2016

For example, the US Environmental Protection Agency (EPA) is phasing in fuel efficiency standards starting with trailers in 2018, truck standards in 2021, which are estimated to provide 2-4 year payback periods. million metric tons to date, saying that some measures had led to a doubling of fleet efficiency.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

BlueYonder

JANUARY 21, 2021

The new concepts require: digital supply chain execution capabilities in transportation, warehouse, labor and fulfillment digital control towers fueled by artificial intelligence (AI), data science and analytics strategic product segmentation, sourcing and inventory management effective pricing and promotions management.

Agile and Lean Supply Chain 86

Agile and Lean Supply Chain Supply Chain Execution Optimal Sourcing Supply Chain Software 86

IQMS

OCTOBER 18, 2019

Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp., Source: Machine Learning & AI in Transport and Logistics, Frank Salliau & Sven Verstrepen Logistics Meets Innovation Vlerick Brussels – Nov. no opt-in). 15th, 2017 (PDF., no opt-in). no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Enterra Insights

MARCH 20, 2019

It involves collecting and often processing large volumes of data, whether it be through your own internal metrics or third-party resources. The software involved allows companies to analyze information from multiple sources to find trends. ” Datafloq, 15 November 2018. [4] Footnotes. [1] 4] Michael C.

Analytics Software 100

Analytics Software Predictive Analytics Software Optimization Software Procurement Analytics 100

ivalua

AUGUST 14, 2019

Just as procurement’s impact on the organization is quantitatively captured using metrics such as savings and spend under management, the maturity and digital readiness of the function can be objectively tracked and benchmarked (check out Forresters Digital Procurement Maturity Assessment ). savings realized in 2018. Savings are flat.

Metrics 168

Metrics Procurement Benchmarking Just-in-Time 168

Supply Chain Insights

JULY 23, 2017

2018 is right around the corner. Use our Metrics That Matter methodology to look at improvement and performance. At each round, employees gain an understanding of the value of supply chain decisions through the sharing on the Supply Chain Metrics That Matter. The seven on-line classes are: Supply Chain Metrics That Matter.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 0

SupplyShift

JUNE 2, 2021

In the wake of COVID disruptions and the financial advantage earned by companies focusing on ESG despite major market uncertainty, investors are rapidly recognizing the strategic importance of these metrics as well. Similarly, Unilever’s purpose-led, Sustainable Living Brands grew 69% faster than the rest of the business in 2018. .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

ThroughPut

MARCH 11, 2024

billion in 2018 and this is expected to reach $15.21 Single-source Of Up-to-date Processing Data MOM Software can help plant managers maintain a single unique source of critical engineering data. MOM Software shows a steep increase in market size over the years. The market size was valued at $7.21 from 2019 to 2026.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Handbook 52

Enterra Insights

MARCH 8, 2018

”[2] According to Gartner, the five maturity stages are: “In Stage 1 the goal is to use data to measure a single metric within a particular function, focused on after-the-fact performance. Data comes from both internal sources and external trading partners to focus analytics at a network level. Footnotes. [1] Footnotes. [1]

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Gartner 100

Turvo

SEPTEMBER 16, 2021

Greenhouse Gas Emissions and Sinks 1990–2018 (the national inventory that the U.S. greenhouse gas (GHG) emissions in 2018.”. Turvo helps everyone on the network improve critical supply chain metrics through carrier analytics. Unified data enables analytics to create efficiency and reduce emissions in several ways.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

Enterra Insights

MAY 31, 2022

But in an increasingly digital world, extending beyond enterprise boundaries from sourcing to customer engagement is now essential to achieve sustained competitive advantage.”[3]. The winning companies are those that correctly identify the problem to solve — the performance metric to improve. ”[3]. Footnotes. [1]

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

NC State SCRC

JANUARY 18, 2018

In a prior post on 2018 supply chain predictions, I shared how NC State’s Poole College of Management engages directly with industry through student-led projects. MUFG Union Bank Strategic Performance Metrics. Metrics should be focus on managing a bank’s Procurement and Payment Program, not on managing individual vendors.

Vendor Strategies 40

Vendor Strategies Optimal Sourcing Inventory Reduction Resource Reduction 40