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This afternoon, I poured myself a cup of tea to pen congratulation emails to the SupplyChains to Admire award winners. Each year, based on feedback from supplychain leaders, we refine the methodology. Due to increased competition, retailers are taking supplychain management more seriously. In Table 1.
In the last six months, in my travels, I have presented to supplychain teams in China, Belgium, France, Germany, Peru, Mexico, Netherlands, South Africa, Singapore, and the United Kingdom. I strongly feel that if I am going to cover the global supplychain that I need to experience it. A Personal Reflection.
For the past five years, the team at SupplyChain Insights identified SupplyChains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). About the SupplyChains to Admire Methodology.
On September 9–11, 2014, 110 supplychain visionaries will gather in the desert at the Phoenician Hotel in Scottsdale, Arizona to think differently and define the future of supplychain. Supplychain teams are being asked to do more with less. Automation of SupplyChain Execution.
Or agreement on the definition of supplychain excellence. Sometimes, even the definition of a supplychain is not clear. The focus is on digitization—automating today’s processes—versus rethinking process excellence based on the art of the possible. Confluence of New Technologies. Why does it matter?
Over the course of the last two years, we at SupplyChain Insight s have worked on a methodology to gauge supplychain improvement. We named it the SupplyChain Index. We have found that supplychainmetrics are gnarly and complicated.During Background on the SupplyChain Index.
Supplychain excellence is easier to say than to explain. Executive teams strive to drive improvement in supplychain results; yet, sadly, only four percent of public companies succeed. The supplychain is a complex non-linear system. Now, I view the company as a supplychain laggard.
At the SupplyChain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a SupplyChains to Admire winner for four consecutive years. SupplyChains to Admire Methodology.
SAP touts “best-run companies” while the Accenture ads claim “ high-performance supplychains.” I am a nomad, searching for a good definition of supplychain excellence. It is a quest and the subject of my next book, Metrics That Matter , that will publish in September, 2014.
If you have walked in the shoes of the supplychain leader, you are probably laughing by now. In the work, I listen to existing processes to provide feedback, ideate with the team on potential improvement, share advice on the fit of technologies, and network leaders to leaders to gain additional insights. Sounds easy, right?
For the past five years, the team at SupplyChain Insights identified SupplyChains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). About the SupplyChains to Admire Methodology.
Last week was the SupplyChain Insights Global Summit. 110 supplychain leaders attended. In preparation for the summit, we readied the final report of the work on translating balance sheet results into a methodology to judge SupplyChain Excellence. A big bang technology focus has not worked.
Supplychain leaders are competitive and they want to measure their success. In many businesses, assets are a core part of the supplychain. The more work that I do on trying to understand corporate balance sheet information and the connection to supplychain excellence, the more I realize how unqualified I was to vote.
At SupplyChain Insights, we have been actively working in our own mine sweeping project. We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. Does SupplyChain Planning Drive Value?
Many companies talk about SupplyChain Excellence, but most leaders struggle to define it. One supplychain leader, in a discussion last week, likened supplychain excellence to fitness. He felt that supplychain excellence was analogous. As a goal, it is easier to say than to define.
“We live in a world where supplychains, not companies, compete for market dominance. But companies often have diverging incentives and interests from their supplychain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”. What Is Value?
Tomorrow, I present the SupplyChains To Admire 2015 Analysis at the SupplyChain Insights Global Summit in Scottsdale, AZ. The theme is “Imagine the SupplyChain of 2025.” At the event, we will also announce the winners of the SupplyChains to Admire methodology for 2015.
If the word collaboration was listed on a card as a drinking game at supplychain conferences, we would be drunk at many. While we speak of collaboration, the focus is on driving enterprise results not value in value chains. Cash-to-Cash Metrics. Here I share perspective on cash-to-cash abuse. I am troubled. My takeaway?
Over the last two decades the company successfully leveraged global scale to define supplychain leadership. With 12,000 supplychain employees operating in 80 countries with 2400 storage facilities, supplychain excellence and innovation are the foundation of corporate performance. BASF creates chemistry.
On October 29th, the company has also been featured in Channel News Asia’s docuseries “Becoming a Global Hub”, underscoring the key role that Schenker plays in Singapore’s standing as a vital node in the global supplychain. Keeping SupplyChains Moving. Schenker Singapore, Turning Adversity into Opportunity.
The German team overcame disappointments in 2006 and 2010 to win the World Cup this year, while favorites Spain (the defending champion) and Brazil (the host country) were humbled by the competition. Bernhard Herzog, Oxea GmbH – “Business Impact of a SupplyChain Operating Network”. What benefits are they achieving?
If you want to gain more supplychain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supplychain analytics books to help you better understand the concepts and strategies behind this vital business field.
The average manufacturing company’s supplychain organization is 15 years old. Historically, the traditional supplychain focused on improving costs. Today, more mature supplychain teams focus on delivering value. To help, in this post, we provide you with some insights for the period of 2006-2015.
Here’s the supplychain conferences we love and will be attending. Gartner SupplyChain Executive Conference. Kinaxis is pleased to be a Premier Sponsor and participate in panel discussion of the 2014 EMEA Gartner SupplyChain Executive Conference. SupplyChain Insights Global Summit.
Financial balance sheet improvements cannot be driven by traditional supplychain processes. In the words of a supplychain leader yesterday, “Lora, please give me stories of success. When I first met Nick, he was driving a supplychain transformation at VTech Communications. Price to Tangible Book Value.
To drive global scale, companies need to design the supplychain to buy globally and execute locally. The design of the supplychain is fundamental to making this happen. In our interview of the SupplyChains to Admire Winners, we found a unique approach at Carter’s. SupplyChain Index.
Jassy called generative AI a “once-in-a-lifetime” technology that will change the way the company operates, and said Amazon is already using it in “virtually every corner of the company,” calling out the supplychain areas of inventory and demand planning as examples. The Fed Downgrades GDP Forecast.
Driving Improvements in SupplyChain Excellence. He felt strongly that supplychain leaders knew how to drive supplychain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. John and I held differing beliefs.
SupplyChain Groundhog Day. Last night, the twitter feed was buzzing with pictures of the celebratory SupplyChain Top 25 dinner. The Gartner SupplyChain Top 25 is now twelve years old. I believe that supplychain leaders need to drive value-based outcomes. A Different Approach.
In the process of compiling the SupplyChains to Admire report for last year’s SupplyChain Insights Global Summit , the research team at SupplyChain Insights calculated the rate of supplychain improvement of companies by industry for the period of 2006-2013 and 2009-2013.
Supplychain leaders are competitive. The field of supplychain 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 supplychain processes.
Two years at Gartner Group , six years at AMR Research (now Gartner), two years at Altimeter Group and three years as the founder of SupplyChain Insights. Over this period, I have watched the acceptance of cloud-based supplychain solutions evolve. Users of Software as a Service solutions have higher satisfaction rates.
Supplychain leaders are competitive. They want to drive supplychain excellence; but today, the definition is not clear. At the time, I was a new analyst at AMR Research and the concept of scoring supplychains was new. Synonyms include deception, fraud, scam. To move forward, goal clarity is essential.
In the supplychain, the questions do not change; but the answers do. Quote from a SupplyChain Leader at a Conference in Europe. Yesterday, Peter Bolstorff, Executive Director, APICS SupplyChain Council, called to discuss the use of the SupplyChain Index by APICS to measure supplychain improvement.
Each year at SupplyChain Insights we study performance and improvement of companies in each industry. The level of performance in 2015 is the same as 2006. Orbit Chart for Novo Nordisk at the Intersection of Operating Margin and Inventory Turns for the period of 2006-2015. A Closer Look at Results.
I was moving from a position where I led a manufacturing operation to being a part of a team to design supplychainsoftware to improve planning decisions. I was moving from the world of manufacturing to a new world of software. When I went through the training to learn the new software, I struggled.
Retail was slow to adopt supplychain processes to drive new business models; and as a result, traditional retail redefinition of supplychain processes got caught in the omni-channel hype while Amazon worked its magic to become a market leader. A Closer Look at Consumer Value Chains and the Value of the EACH.
The premise of the Christensen’s book is that when companies focus on current customer needs, they fail to adopt new technologies or business models that will meet the customer’s unstated or future needs. I think that IBM, HP, Microsoft, Oracle, SAP and Teradata are victims today in the information technology sector.
The company wasn’t a pure startup at the time (it was founded in 1981), but like all software companies during those years, it rode the dotcom tidal wave up — and then crashed down with everyone else (see period from 1999 through 2002 in the stock chart below). Descartes Systems Group Revenue 2006-2018 (Source: macrotrends).
As supplychain clichés take flight, clients struggle with execution. One of these concepts that I hear a lot; but see few tangible examples, is the idea of “customer-segmented supplychain.” The discussion of customer-segmented supplychains happens often. How do they buy from you?”
While technology offers immense potential, its practical application and impact on fuel savings require further research. Consequently, investing in packaging optimization can yield substantial returns for businesses in the supplychain. Logistics KPI Dashboard is an essential tool for Logistics & SupplyChain Managers.
Markets drive supplychains. The supplychain needs to respond to market demand and consumer sentiment. Traditional supplychain processes do not sense. For supplychain leaders, this market downturn defines a new set of opportunities and risks. They respond. This is a major disconnect.
Read more: Try the eCommerce inventory management software that unleashes your growth What is B2B eCommerce? A B2B eCommerce platform is software that facilitates transactions between businesses. Businesses can order stock online, and software is used to automate shipping, tracking and auditing of goods & services.
Operational bottlenecks in the form of downtime, production quality issues, and process delays can emerge anywhere, at anytime, along your supplychain, creating an irreparable dent to your revenue streams. According to McKinsey, SupplyChain Management is in the top three areas to benefit most from AI adoption.
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