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In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supplychain excellence. In my post Mea Culpa, I reference my work with the Gartner SupplyChain Hierarchy of Metrics. What Drives Value?
During my current supplychain planning market research, I have received briefings from several SCP companies. The people who work with us are those who really, truly believe in what we believed in from the start, that is, autonomous supplychains are possible. That was our vision, even starting back in 2010.
This is a story for the Eds, Franks, and Toms working together in supplychains across the globe. It is also a story for a young supplychain manager attempting to make a difference, but feeling stymied. My job, as the plant engineering manager, was to drive innovation and implement technology improvement.
I feel that topic of supplychain management is analogous to the downward cycle of the news channels. What Drives SupplyChain Excellence? I analyze supplychain management. There is the story of aggressive sales teams over-hyping the promise of technology to drive balance sheet improvement.
Supplychain excellence. The answer makes or breaks a supplychain leader’s career and defines corporate value. When we look at the relative progress of industries within the Technology Value Networks in Table 1, you see a lot of red. If the arrow is red, the industry is moving backwards on a metric.
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.
When I started my business in 2012, I frequently wrote about the future using the moniker of SupplyChain 2020. We had just recovered from a recession, and my goal was to help supplychain leaders create a better supplychain by the end of the decade. At that time, SupplyChain 2020 seemed so far away.
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.
After doing a deep dive into the Household Products (Nondurable) industry segment to show why Proctor & Gamble did not make the SupplyChains to Admire TM winner list, I wanted to show an example calculation for a company that made the winner list. SupplyChains to Admire Methodology. SupplyChain Index Methodology.
While most consultants and technologists want to sell technology, and are eager to slap in a new piece of software, my caution is to slow down and better understand root issues before having a technology discussion. Time For A SupplyChain Check-Up? Analyze Past Results in Customer Service. inventory turns.
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.
The month of December was my longest writing respite since I started this blog in January 2010. As I wrote, I reflected on the Generative AI hype cycle in the supplychain market and the contribution to noise. I questioned in this time of uncertainty if supplychain leaders will value data-driven content.
When I engage with supplychain leaders , I ask the question, “Are you making progress?” It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. The supplychain is a complex, non-linear system. Most are treading water.
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.
7 Principles of SupplyChain Management Explained. Would you like to understand supplychain management concept but dont have time to study from a supplychain textbook ? The good news is, this article will explain to you the key principles of supplychain management that you can finish within 5 minutes.
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?
Located in the United Kingdom (UK), he has more than twelve years of experience in progressive roles driving demand-drive projects for their global supplychain. At the SupplyChain insights Global Summit , Nick shared his story on driving demand-based improvements. Understanding the Lubricant SupplyChain.
In her post, Driving Value from SupplyChain Planning , Lora Cecere provides great supplychain analysis and benchmarking for her supplychain to admire. The technology is there. Lora defines a supplychain as; a complex non-linear system driven by market forces.
In the digital world, traditional broad-brush marketing programs become less effective, but have residual effects on the supplychain of higher demand error and increased complexity. This table is from our SupplyChains to Admire analysis, and the Index represents improvement. What Is Risk? What Are the Risk Drivers?
After the SupplyChain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the SupplyChain Insights You Tube Channel. The focus is on the role of supplychain finance in driving supplychain excellence.
For most retailers, the key to providing the personal touch online is technology. The editorial team at BusinessMatters Magazine writes, “Customer service technologies are [providing] plenty of new ways that brands can engage with customers in order to offer an optimized service.”[1] ” How Technology Can Help.
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?
Here, I postulate that the supplychain dragon is data. Supplychain leaders are drowning in data and low in insights. Today, technology providers are selling analytics. The focus is on growth, but supplychains are not fit for purpose. Their questions were could the supplychain help?
Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.
A lasso is what supplychain leaders would like to have. I frequently see groups of supplychain leaders arguing about the right for individual businesses to define their own systems/process. Metrics Definition. There needs to be a common definition of supplychain excellence. Technologies.
Gartner purchased the firm in 2010.) 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.
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. It is one of the reasons that I left Gartner in 2010. I think supplychain leaders need more.
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.
This thing called research in the supplychain market has many arms and legs. I struggle to find a good supplychain academic journal, and often speak to my academic network about the need for one. This research, released in 2005, gives a compelling view of a metrics hierarchy. In Search of Truth. What is research?
Peggy was a speaker at the SupplyChain Global Summit. AGCO’s culture of innovation policy deployment enabled employees to pioneer a technology solution for manufacturing. As shown in Table A, the Company ranked 3 out of 12 companies in their peer group on driving supplychain improvement as measured by the SupplyChain Index.
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.
by Iman Niroomand Supplychain performance depends on the matching of product features with supplychain features. When a new product hits the market, the existing supplychain that is optimal for a given set of product lines will not stay optimal. Manufacturing flow simplifications.
A lasso is what supplychain leaders would like to have. In contrast, as a regional supplychain leader in the 1990’s, my company had one S&OP. A successful S&OP process is 60% change management/organizational design, 30% process and 10% technology. Most want to sell technology. Technologies.
HighJump Software Announces New Partnership With NetSuite. UPS App For iPad Advances Suite Of Customer Technology Offerings. Chainalytics Creates New Metrics for Demand Planning Consortium. This week, both Descartes and HighJump Software announced agreements with NetSuite.
Companies need to be fully aware of global climate change conversations and how they will impact their supplychain in the near future. Supplychain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service.
They will soon change your supplychain. Designed in the 1960s when a Megabyte (MB) of disk storage cost the same as a Terabyte (TB) does today, relational databases form the basis of today’s supplychain systems and IT architectures. Doug named the software after his son’s favorite pet elephant shown here.)
Bottom line: Machine learning makes it possible to discover patterns in supplychain management data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process. How Machine Learning Is Redefining SupplyChain Management.
Clearly, this company knows a thing or two about supplychain management. This company stays on top of technology. As part of this effort, they combined their logistics with the retail expertise of SAP software. With these acquisitions, Coca-Cola was able to better control supplychain operations.
This was Avaya’s reality around 2010. But they managed to not just change, but actually transform their supplychain organization in just four years. A lot of supplychain organizations find themselves in this type of situation. Change in that scenario could seem almost impossible.
How do we streamline our supply operation?”. The answer almost always requires close scrutiny of a companies supplychain infrastructure and the status of its Transportation Management System (TMS). The IBM Sterling TMS software package plans and executes inbound/outbound transport structures and automates the entire process.
Since 2010, Gartner, the world's leading information technology research and advisory company, has been publishing an annual report entitled 'Gartner SupplyChain Top 25' which ranks organizations that demonstrate leadership in supplychain management.
It was made possible by a foundation of pricing and capacity automation dating back to Sabre’s reservation system in the ‘60s. And while that’s easy for me to say as a startup, it’s echoed by industry professionals as well: I think, in general, the air cargo industry is still pretty traditional and it’s not really embracing technology.
According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 mpg for tractor trailers (compared to 6 mpg for 2010 tractor trailers).
At first glance, supplychainmetrics may seem to tell you a lot about your current supplychain operations. Between 2009 and 2010 during the economic downturn, it was difficult to make sense of the unemployment numbers. Read Previous: SupplyChain Talk: Are Best Practices Always Best? ].
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