Remove 2007 Remove Inventory Remove Procurement Remove Software
article thumbnail

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.

article thumbnail

This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

The report further indicated that Anthropic has committed to spend upwards of $4 billion on Amazon’s various Cloud infrastructure, data management software applications or custom graphics processor chips over the next five years. The deal reportedly will further enhance Oracle’s logistics software deployment capabilities across Europe.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lifting The Gray Curtain

Supply Chain Shaman

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. The solution was too black box.

article thumbnail

2020 Requires Big Wings and Feet

Supply Chain Shaman

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The two primary buffers in the supply chain are manufacturing capacity and inventory. Time horizon. The takeaway?

article thumbnail

“You’re Only as Good as Your Worst Supplier”

Talking Logistics

As reported in the article, it appears that inadequate training was a contributing factor in this case too: “After the problems emerged, high-ranking Pratt executives spent weeks on the ground in Londonderry , training UPS workers who were unfamiliar with jet-engine parts [emphasis mine] and working out kinks in the companies’ inventory software.”.

article thumbnail

My Take: E2open Buys Terra Technology

Supply Chain Shaman

The initial software product release name was Real-Time Forecasting. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. Traditionally E2open sold to the procurement organization. Let’s start by taking a look at history. It is a new buyer.

article thumbnail

Spreadsheets – A Look Back

Kinaxis

This eventually led to the term “spread sheet” which stuck, became spreadsheet, and then was applied to software applications that had rows and columns for data. A poor procurement choice based on stale data can lead to a decline in profits. There is a major issue with the lack of revision control and auditing.