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In 2004, I joined AMR Research, a Boston Analyst firm. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. The secondary problem is the lack of definition of process requirements and a buying team that cannot see past simple MRP/MRP II/DDMRP requirements. Reflection.
Eerily the case studies sound the same as the ones heard when I completed S&OP research in 2004. Dependency on Excel. Due to the shortfalls in the evolution of Advanced Planning, 68% of business users use Excel spreadsheets as the primary mechanism for planning. Driving supply chain excellence is a balancing act.
Hau L Lee, Triple-A Supply Chains, Harvard Business Review, October 2004. Our current processes and dependencies on Excel spreadsheets cannot get us to our goal. E2open last week announced the purchase of Serus. This is the clear articulation of when and how to make, source, and deliver for the community.
In 2004-2006, Greg Aimi (now a Gartner analyst) and I worked on a common definition of visibility for over a year. This team was working on quality improvements and found that the flows crossed 117 disconnected documents in access, excel, and google analytics. These sources while functional are difficult to connect.
The source of the content is research. One of the barriers to greater progress in driving supply chain excellence is the current state of user satisfaction with current technologies. As shown in Figure 3, while the adoption of SAAS was 5% in 2004 it is currently the deployment preference for the Line of Business Leader.
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.
Diversify and Strengthen Your Supplier Network for Reliable Sourcing Overreliance on a single supplier or geographic region increases vulnerability during economic disruptions. Nearshoring and establishing regional supply centers can reduce dependency on distant sources and enhance responsiveness.
Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.
However, visibility of channel relationships–customer orders and consumption/purchase–in the demand network, or the use and consumption of materials in the extended supplier network, is an ongoing issue. The processes are largely batch, using data with great latency (orders and purchase orders). The solution failed.
I had the opportunity to work with several excellent organisations, most notably, nearly 20 years with Ceva (including EGL or Eagle Global Logistcis) and now TVS SCS. Today, a dominance of production and sourcing is considered far-sourcing, driven by attractive labour rates in Asia. This is in a position to shift again.
The second presentation given in 2004, shared the results. In 2001, we were in trouble, but in 2004, we had made a lot of progress. The retailer’s plan was never normalized against inventory and as a result it did not reflect buying behavior. I do not think that most companies understand the concept or source of profit leakage.
When reading current case studies focused on S&OP, she notes, “[They] sound the same as the ones heard when I completed S&OP research in 2004. Dependency on Excel. Cecere explains, “Driving supply chain excellence is a balancing act. That doesn’t mean buying the first shiny thing you see.
Days and years went by, and eventually, the ’93 Ford Escort was living in the hybrid-dominated world of the year 2004. But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Responsible Sourcing. She chose the hybrid route.
Excellent procurement is part of the reason that McDonald's has been able to grow from a small family barbecue restaurant into a global conglomerate with more than 35,000 restaurants in over 110 different countries. These promotional videos traced the sourcing of McDonald’s products, including its beef.
Founding member of NEXST, alias Centre of Excellence for Global Emerging Supply Chain Technologies, initiated by Reefknot, Kuehne & Nagel and SGInnovate, in Singapore, and expert of SEA20, an international not-for-profit initiative and network of ports, academia, associations and companies supporting maritime transformation.
In 2004, three business founders attempted to build an online snowboarding equipment store, but they ended up being dissatisfied with the platforms available on the market. Source your products. Before you build an online store, you need to source your products. Create your brand name and logo, and buy a domain name.
Strategies include sourcing more items directly from manufacturers to improve margins, SKU rationalization and space reduction, “show more carry less” and assisted-store ordering. Mary Kay @MaryKay Mary Kay has a long history of supply chain innovation, earning accolades as far back as 2004 and 2005.
The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving. (The The team was not calibrated on the role of forecasting and the basics around process excellence. Models Matter. Traditional Models.
Source: Corning; Gary P. Users of Google apps were looking for low cost and collaboration over the exhaustive features offered by Microsoft Word and Excel. They purchased the registration data for US consumers. Pisano, "You Need an Innovation Strategy," June 2015. Polk & Co.
Founded in 2002 under the name of Agilisys, Infor rebranded in 2004. On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. I am not surprised.
The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.
People were able to source a wider range of products and local stores went from an essential service to a stop-gap. . It took just three years from its inception in 2004 for Facebook to achieve its first 100,000 business pages.Today, that number is 60 million. . As mass market retail took hold, shopping options expanded.
If you want to really have a real understanding about what is going on in your procurement, in your stock management, in your processes, you need to know exactly what you are buying. Costas Xyloyannis co-founded HICX in 2004, as he experienced first-hand the burden of bad supplier data on both buyers and the suppliers.
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