Supply Chain Shaman

JULY 25, 2021

Let’s start with honesty and a focus on process innovation. The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

FEBRUARY 7, 2022

As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. It is a story of supply chain innovation. Lora thinks that we are never too old to learn or to push for supply chain excellence. Let’s start by taking a look at history.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

ivalua

JUNE 29, 2020

Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care. The Path to Supply Chain Excellence.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

FEBRUARY 14, 2022

Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Organizations can align to drive value despite the allegiance to functional metrics. I kept pressuring this client to use their channel data locked into the Excel files in their sales account teams. Mistake #3. My challenge? Measure it.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Insights

JANUARY 18, 2018

Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. Supply chain excellence definitions evolve as companies explore the Art of the Possible. This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. Confluence of Technologies. The reason? Analytics Approaches.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

Supply Chain Shaman

JUNE 7, 2018

Or agreement on the definition of supply chain excellence. As a result, functional excellence anchors action. Instead of pushing innovation forward, I see companies using the term “digital” as a path for IT spending. Instead of pushing innovation forward, I see companies using the term “digital” as a path for IT spending.

Supply Chain Planning Software 230

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 230

Supply Chain Shaman

MAY 21, 2013

In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. They are primarily focused on cost management on new purchase decisions. Balance innovation and standardization. Reward supplier companies that enable innovation.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

Logistics Viewpoints

DECEMBER 14, 2021

Millions of shoppers, like my Dad, are not going back to their old habits because there are now faster and more convenient ways for buying daily household needs. It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. It also provides an excellent part-time employment opportunity with flexible shifts.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. While companies need ERP as a system of record for transactional processing, it is not the future of supply chain analytics or innovation. Growth in car buying stimulated the value chain.

Inventory Reduction 158

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 158

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Logistics Viewpoints

SEPTEMBER 19, 2022

The company buying his company, EXE Technologies, is now infamous among those who have followed the WMS market. It was really intended to allow us to buy a few robots and rent some space, just get us started” and prove the business model. We asked for $2 million to buy more robots and then shortly thereafter another $4m.

Modeling Software 202

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 202

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The River of Demand. #3

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

SCMDOJO

FEBRUARY 20, 2023

To get ahead in today’s competitive marketplace, distributors must remain on the cutting edge of innovation and stay up-to-date on new developments. This involves understanding customer buying behaviour trends, seasonal variations, production schedules, and more. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Supply Chain Shaman

MAY 2, 2016

We also see that manufacturing companies with a strong dependency on BPO are less agile and rate themselves lower on innovation. In parallel, the traditional software vendors are struggling with the Innovators Dilemma. Avoid buying software from a consulting company. Do not buy software based on partnerships.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

Logility

FEBRUARY 3, 2022

You need to ensure that you’re taking measures to keep the soil fertile so you can continue to achieve excellence for years to come. They research the products they buy, where they come from, and how they’re made. Leverage each other’s unique knowledge and experience to become more innovative and sustainable.

Sustainability 130

Sustainability Vendor Strategies Expense Reduction Cost Reduction Strategies 130

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. In conclusion, the mindset of an organization matters.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. What is procurement and purchasing Lesson 2. Procurement and Purchasing Cycle Lesson 7. Make or Buy decision Lesson 3. Trends and tendencies in procurement Lesson 3.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

ThroughPut

APRIL 30, 2024

It helps address disruptions and promotes innovation. The What and Why of AI Tools for Supply Chain There is a reason why everyone is talking about AI tools and why people are driven to make impulsive purchases of AI-powered tools. Step 2 – Data Checking phase This phase involves focusing on data quality. Read it all here.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? What innovations could be introduced?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Arena Solutions

OCTOBER 12, 2023

2 As the numbers indicate, there are plenty of business opportunities, market share, profit, and competition in developing complex, smart, innovative products. A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals. billion to $855.62 billion in 2023. billion to $799.67

Quality 89

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 89

Supply Chain Game Changer

DECEMBER 12, 2018

Select the Right Procurement Metrics. Create a Culture for Innovation and Supply Chain Excellence. The main work of a Chief Value Officer is to: Create a Shared Vision for the Value Creation and Innovation Processes, aligned to organizational objectives. Select the Right Value Creation Metrics.

Procurement Analytics 58

Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing Procurement 58

Supply Chain Game Changer

AUGUST 30, 2021

Books can help students to absorb groundbreaking innovations, new concepts and teach them more about management practices. Goldratt and Jeff Cox convey lessons in improving processes and operational excellence through a story about a small-town factory that’s heading for disaster. The Goal: A Process of Ongoing Improvement.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Shaman

DECEMBER 23, 2014

If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. ecommerce is closely coupled with new channels and innovative ways of ordering and payment. Some of the packages on the trucks moving right now are the first shipments of Metrics that Matter. What do you think?

Packaging 291

Packaging Inventory Reduction Supply Chain Design Software San Francisco 291

Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. Metrics comparison of Kellogg Co. These technologies are mature. You got it! A Case Study.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

Resilinc

NOVEMBER 14, 2023

For example, if a company’s shipment gets stopped by customs at the border, they may be required to show where it was manufactured through proof of purchase orders and invoices. In the meantime, their product will be sitting in a warehouse, and will have to manually call suppliers to get copies of purchase orders and invoices.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

Supply Chain Shaman

OCTOBER 10, 2017

AGCO was honored to receive the AME 2017 Excellence Award. When her employees kept breaking their tablets on the production floor, Peggy used lean-production thought processes to innovate for new answers. AGCO’s culture of innovation policy deployment enabled employees to pioneer a technology solution for manufacturing.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 152

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. At Supply Chain Insights , this is our passion.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) The reason?

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

BlueYonder

JANUARY 31, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions.

Automotive 86

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 86

Supply Chain Movement

AUGUST 31, 2016

Launched in 2014 and brought to you by the eWorld Procurement & Supply team, The Procurement Summit will provide senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

Supply Chain Shaman

FEBRUARY 27, 2020

Older men buy less underwear than younger males and their packaging was not as attractive to the female shopper buying for the family. The company sold on Amazon, operated its own website, managed outlet stores, and could purchase end-aisle displays in major retail chains. Rules, engines, policies and metrics need to align.

Analytics Software 243

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 243

SupplyShift

JUNE 17, 2021

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52