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Schneider Electric has been working to simplify its supplychain over the last few years. This French public multinational was selected as having the best global supplychain by a leading analyst firm. Schneider Electric’s supplychain operation is of great interest to other practitioners.
For over a decade, since founding SupplyChain Insights in 2012, I have pounded the keyboard, asking business leaders to think more holistically about the impact of supplychain decisions on the firm’s value, the improvement of a value chain, and the impact on the environment. Thirteen years.
Today, I am proud to launch the SupplyChain Index. It is my hope that the readers of this blog will take time to either join us today to listen to the launch of the SupplyChain Index on our webinar or listen to the replay. (We The SupplyChain Index has been two years in the making. Why did I care?
by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility. Reason #4 Making key decisions by modelling the supplychain in Excel. and it didn’t leak.
The Role of Digitisation and Analytics in SupplyChain Resilience. by Dr Shereen Nassar – Global Director of Logistics Studies and SupplyChain Management Programmes Heriot-Watt University Dubai. Digital SupplyChain to Drive Resilience.
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.
“Managing supplychain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supplychain management is a rapidly evolving field.
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 supplychain metrics are gnarly and complicated.During Background on the SupplyChain Index.
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. Days of Inventory Comparison. I was wrong.
Supplychains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable. A resilient supplychain is one that can absorb shocks and continue functioning with minimal disruption.
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.
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. Supplychain leaders are naturally competitive, and they want to know how well they are doing. I shake my head.
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.
Supplychain leaders are competitive and they want to measure their success. I just don’t think the comparison of very different industries in a spreadsheet based on growth, inventory values, and Return on Assets (ROA) is meaningful. In many businesses, assets are a core part of the supplychain.
Last week in the middle of a presentation, a supplychain leader made the statement, “We have solved the issues in supply through better optimization and use of data. Many supplychain leaders are so convinced they know the answers that they have stopped listening and learning. The issue is demand.
No one knows, but in my discussions, business leaders agree that Artificial Intelligence (AI) is here, and the projected impact on supplychaintechnology looms large sending the industry into very different gyrations. The industry first started speaking of digital in 2012, but today, it is still an amorphous concept. (My
A large multinational is undergoing an impressive supplychain transformation that will run through 2023. A Complex SupplyChain. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supplychain. Comand and Control Center Application from Kinaxis.
This week, I will speak at Llamasoft’s conference on improving supplychain network design. One of the reports that I am writing is on the state of SupplyChain Planning (SCP). In the recent study of the Voice of the SupplyChain Leader , we find that the gaps are large, and growing.
“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?
Here is the list: Supplychaintechnology implementations have reduced inventory. Companies should implement supplychain best practices. Companies that have focused on collaboration in the supplychain have built competitive advantage. Supplychain excellence matters.
ChainLink Research and SupplyChainBrain just released “ Business Priorities 2012 – Research and Results ” which takes a look at where companies will invest in the coming year. And yet, our respondents do expect business expansion and intend to invest to make it happen in 2012.”
As an analyst in the supplychain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Today I am writing my take on the acquisition of Terra Technology by E2open. It is a story of supplychain innovation. History of Terra Technology.
The company worked through two implementations of downstream data technology with strong insights for the team. As a member of the Midwestern data sharing consortia between General Mills and SC Johnson , they had the benefit of networking with other supplychain leaders. Note the trends in operating margins and inventory turns.
There has been a lot of debate in recent years about whether supplychain planning and demand planning solutions actually deliver their much-touted benefits. But in case it’s not: Lora Cecere is the Founder and CEO of a research firm called SupplyChain Insights. And I think that’s a good thing. Here’s an excerpt: “….[M]ost
Think back to 2012 when Sam Taylor, CEO of Oriental Trading Company , went undercover in his own company. One of the most surprising parts of the episode showed a warehouse worker using a voice-automated picking system (see video below), and the worker would then scan the product with a scanner on the tip of his finger.
The success of your business links inextricably to the performance of your supplychain. you have to make your supplychain successful too. SupplyChain and Business Success By the Numbers Now for those statistics I mentioned. If you want business success (and who doesn’t?),
Consumer Goods Technology recently released its 2012 Consumer Goods Technology Reader’s Choice survey results. In SupplyChain Planning, Logility was voted highest in customer experience of all solution providers. Related Content: Webcast with CooperVision: Managing SKU Complexity.
But what if I told you that establishing supplychain planning and procurement processes also helps your company's culture, would you believe me? This past March, Tim Carroll, Product Availability Team Captain at AutomationDirect, was presented the 2020 World-Class Culture Award at the Atlanta SupplyChain Awards (ASCA).
For most companies today there is great room for improvement in the supplychain. Companies want a supplychain that is more aligned and agile. Current State of SupplyChains. As shown in Figure 1, we have built a global, controlled supplychain, but is this want we really want? Many Ironies.
In business conversations, the term supplychain excellence rolls off the tongue frequently in meetings, but what does it mean? Supplychain excellence is harder to define than to say. We designed the SupplyChains to Admire Methodology to help companies define supplychain excellence.
Since 2012SupplyChain Movement, in collaboration with partners, creates mind maps with practical Thoughts, Tools, Tips and Ticks. The mind maps of SupplyChain Magazine have a fixed structure in the form of a simple matrix. Mind Map for medtech supplychains 2014.
Nearly a decade ago, I wrote a post entitled “ Thirty Years of SupplyChain Management ,” which examined the first in a series of articles written by Kinaxis analysts looking back over the previous thirty years of supplychain management. The Greatest Advancements in SupplyChain Management.
Similar to this experience with the Italian waiter, companies should therefore pick solution providers who approach them in a problem-oriented manner and ideally have expertise in various technologies, in order to achieve the optimum result for the customer. SYNOPSlS: Unlocking Greater Value in Your SupplyChain.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
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. Inventory Turns.
Since about 2012 there’s been a massive influx of VC funding that has been poured into startups to revolutionise logistics and supplychains. The Rise of the Consumer-Centric SupplyChain Consumer behavior has changed dramatically over the last ten years due in large part to Amazon and the Smartphone.
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.
Con-way Freight Raises the Bar on Mexico Service, Adds Door-to-Door Tracking, 24-Hour Customer Resource Center, Enhanced Web Tools. LLamasoft Launches Data Services to Provide Reference Data for the SupplyChain Design Community. HighJump Software Acquires Evenex.
The client leaned across the table and asked, “Is a customer-centric supplychain strategy the same as a demand-driven supplychain strategy?” Drawing from the Whiteboard: Building Customer-Centric SupplyChain Strategies. Customer-Centric SupplyChain Processes. ” I smiled.
However, one thing that should come to mind is the prowess of the retail giant’s supplychain excellence. Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 million employees without a focus on good supplychain management.
He quoted Amara’s Law, which says that we tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run. Kinaxis cofounder Duncan Klett drew on his training as an engineer to lay out his premise that a supplychain is a control system. What is the forecast for AI/ML?
Supplychain companies still face workforce shortages despite rapid creation of new jobs. The supplychain continues to struggle with perpetual labor shortages. To solve the so-called Great Labor Crisis , companies are turning to technology to compensate for insufficient headcounts. The Labor Crisis.
No one can argue that the rise of ecommerce and omni-channel fulfillment has dramatically impacted the supplychain in recent years. While this trend isn’t new, retailers and manufacturers are still evolving their supplychains to keep pace with customer demand and gain a competitive advantage. The Rise of DTC.
of total tech investments in 2012 to 1.37% in the first half of 2014. We’ve rounded up the top 20 logistics technology innovations changing the way over $18 trillion dollars of goods are shipped annually. Here we go: Technology Innovations in Logistics. SupplyChain Quarterly , from Lew Manci @CrownEquipment ].
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