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Supply Chain Analytics: What It Is and Why It Matters

QAD

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems.

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When the Rubber Hits the Road

Supply Chain Shaman

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” These capabilities do not exist at Ford.

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2012 Supply Chain Predictions: Is the End of the World Nigh?

Supply Chain Network

But 2012 is an extra-special year; it carries heavy historical baggage chock full of dire predictions. Nostradamus painted a bleak picture of massive destruction and mayhem brought about by a comet in 2012. In the tradition of David Letterman, (in no particular order) let’s hit the Top 10 Supply Chain Predictions for 2012.

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Molex Prizes Agility

Logistics Viewpoints

By 2012 they had implemented this multi-enterprise supply chain network (MSCN) solution. A multi-enterprise supply chain network platform provides network-based order fulfillment applications and advanced network-based supply chain risk analytics. The data from Infor Nexus also helps the transportation teams do better carrier sourcing.

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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. To understand this point, I contrast the results of the Gartner Top 25 Award Winners published in 2022 (last week) against their peer group from 2012 to 2021. The Need for Collaboration. Is this leadership? I think not.

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Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

These teams are also more advanced in the use of planning and more advanced analytics concepts. Definition of Form and Function of Inventory: Source Supply Chain Insights. As shown in Table 2, for the period of 2012-2021, Mondelez is 27 th out of 35 companies in the food sector in driving improvement. The net result?

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Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.