Remove 2007 Remove Analytics Remove Inventory Remove Procurement
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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Belief in efficient procurement.

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Lifting The Gray Curtain

Supply Chain Shaman

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels. Industries carried on average 32 days more inventory in 2020 than in 2007.

S&OP 195
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When It Comes to Planning, Please Vote with Ike!

Supply Chain Shaman

Ironically, analytics capabilities increased greatly, while organizational capabilities precipitously declined. I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. Days of Inventory Shifts.

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This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

Founded in 2007, Rotterdam based Flo Group specializes in Oracle focused logistics software support and deployment services capabilities. The data is then compared with the existing warehouse management system (WMS) in order to foster real-time inventory accuracy and availability information. All rights reserved.

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IBM Beefing Up for Matrix Commerce in 2012

Supply Chain Network

The acquisition expands IBM’s cloud-based analytics offerings that provide supply chain intelligence leading to better inventory management and cost efficiencies. Emptoris solutions bring more intelligence to procurement and supply chain operations with spend, supplier and contract management for Smarter Commerce.

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GAAP for Accounts Payable: What it is and why it's important

Precoro

According to Ardent Partners , 48% of AP leaders see improving AP reporting and data analytics as a strategic priority for 2023. Accounting policies and assumptions in areas such as inventory valuation methods, depreciation methods, and criteria for estimating fair value.