Supply Chain Shaman

DECEMBER 7, 2022

This work started in 2014 when the Colgate team challenged me for giving so much admiration for the P&G team in my first book, Bricks Matter. Colgate outperformed P&G in Return on Invested Capital (ROIC), and P&G exceeded Colgate in inventory turns. Investment in Descriptive Analytics. Analytics Deployment.

Inventory Reduction 57

Inventory Reduction Material Savings Supply Chain Strategy Price Mitigation Strategies 57

Logility

MAY 7, 2020

According to industry research, more than half of supply chain executives consider big data analytics a disruptive and important technology, setting the foundation for long-term change management in their organizations. and up to date transaction data (order status, inventory positions, shipment tracking, etc.) Accenture, 2014.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). Second Phase: 2006-2014. As we focused on complexity reduction, we developed strong analytical approach to not only cost, but also cost-to-serve and landed cost.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

FEBRUARY 22, 2015

We developed the Supply Chain Index in 2014 as a way to measure supply chain improvement at a balance sheet level. I responded, by saying that I believe that the SCOR model and the Gartner Hierarchy of Metrics reward functional behavior and improve functional outcomes. What CEO does not like the concept of reducing inventory?

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. In addition, I am now done with the page proofs for my new book, Metrics that Matter. The book publishes in December 2014.

Supply Chain Planning Software 320

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 320

Logility

APRIL 8, 2014

Analytics Everywhere. These were just a few of the themes discussed at this year’s Connections 2014, Logility’s customer conference. Bryan Ball highlighted the top disruptive supply chain trends including the increasing speed of business, talent and training, and measurement and metric alignment. Commentary.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning Supply Chain Strategy 100

Supply Chain Trend

DECEMBER 22, 2023

Additional benefits of good decision practices are reducing (non automated) decision time with 75%, reducing wasted analytics with 60% and improving employee engagement with 50%. Augmented analytics runs (automated) advanced analytics to provide unique insights or different possibilities to a planner/user.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

GlobalTranz

OCTOBER 21, 2015

For example: Inventory Record Accuracy has to be 98-100% accurate daily. All KPIS have metrics to measure. Outputs and measures are put into a Service Level Agreement ( SLA ) with mutually agreed upon win-win, effective Key Performance Indicators (KPIs). All KPIS have a target percentage to meet.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

IQMS

JULY 11, 2019

Asset Management, Supply Chain Management, and Inventory Management are the hottest areas of artificial intelligence, machine learning and IoT adoption in manufacturing today. Manufacturer’s adoption of machine learning and analytics to improve predictive maintenance is predicted to increase 38% in the next five years according to PwC.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Supply Chain View from the Field

NOVEMBER 10, 2014

I was attending the Zycus Horizons 2014 conference at Amelia Island today, listening to speakers. A second response was provided by Niklas Hamnstedt Chief Procurement Officer at TE Connectivity: “I would like to see a stronger rating of supply risk and a supply risk metric.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. LinkedIn, 8 December 2014. [5] Footnotes. [1]

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Or to move from predictive analytics to prescriptive/cognitive capabilities to sense/learn and act?

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Enterra Insights

MARCH 28, 2019

They explain, “If a company scores an impressive 99 percent in all four categories measured by the standard Perfect Order Metric (POM) — complete, on time, damage-free, proper documentation with correct invoicing — the result would be a POM score of just 96 percent. ” Apptricity Blog , 25 November 2014. [2] Footnotes. [1]

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Modeling Supply Chain Network Software 100

3rdwave

NOVEMBER 8, 2018

From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. 3 value reasons why you should consider acquiring a global TMS.

Supply Chain Design Software 79

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 79

3rdwave

NOVEMBER 8, 2018

From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. 3 value reasons why you should consider acquiring a global TMS.

Supply Chain Design Software 41

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 41

Talking Logistics

JANUARY 7, 2016

You can use modeling technology to accurately identify and quantify potential supply chain risks and their corresponding costs, and develop mitigation strategies through scenario optimization and advanced analytics to build resiliency into your operations. Examples: moving inventory to alternate locations, changing supplier relationships.

Modeling 70

Modeling Supply Chain Design Software Supply Chain Design Modeling Software 70

Supply Chain Shaman

FEBRUARY 23, 2017

Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. Inventory Turns. We eliminate the lower 1/3 of companies for the period from consideration.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 156

Kinaxis

SEPTEMBER 16, 2014

by CJ Wehlage The Supply Chain Insights annual conference was held on September 10-11, 2014 at the Phoenician in Scottsdale, Arizona. While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. Value of supply chain planning and analytics.

Supply Chain Planning Software 279

Supply Chain Planning Software Gartner Supply Chain Design Software Agile and Lean Supply Chain 279

Unleashed

FEBRUARY 28, 2021

And of course, there’s the issue of profitability: a study from Deloitte in 2014 highlighted the importance of a healthy supply chain to an organisation’s bottom line. Cloud-based systems offer a cost-effective way to manage and monitor suppliers, inventory and more. Orchestrate. Cloud-based software. A mobile sales app.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

Supply Chain Network

DECEMBER 14, 2013

December is now upon us and before we know it we’ll be starting off 2014 right, which means it won’t be long until we’re all gathering in San Diego Feb 23 rd to 26 th for RILA Supply Chain 2014. Networked companies have a single version of information related to inventory status, POs, inventory, shipments, payments and documents.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

DELMIA Quintiq

JUNE 24, 2015

Yes , we can do it, but here is the trade-off on extra inventory and transportation cost. Intel’s initiative “Just say yes” is a prime example of using trade-off analytics to move from an enabler to an equal-partner role. The CSCO study 2014 data gives us guidance. You’re told a customer wants same-day service?

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Gartner 120

Supply Chain Shaman

NOVEMBER 14, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Supply Chain Shaman

DECEMBER 17, 2018

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. The reason? The implementation was very successful.

Demand Planning Software 264

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 264

Supply Chain View from the Field

FEBRUARY 26, 2015

This view of the supply chain is focused primarily on how we get inventory to the customer. He pointed out that the customer doesn’t care which division owns the inventory – they just want the product whenever and wherever they desire. Also I need the intelligence in the network to know where inventory is.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 60

6 River Systems

APRIL 4, 2019

These technologies also contribute to a rise in big data and analytics in the logistics field. AI will be able to survey an area or room and create an accurate inventory in seconds, including weights and volumes, and determine damage on items. Mobile apps can generate reports and monitor performance metrics. Marc Tuinier.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76

NC State SCRC

OCTOBER 12, 2016

He became a director at that point, working with sales planning, inventory planning, and financial planning, and pulling together the Sales and Operations Planning team, as well as introducing new products and eliminating obsolescence. This was a lot of planning, a lot of analytics, and a lot of work. Today, we are at 5.5M

Supply Chain Planning Software 40

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Software 40

Supply Chain Shaman

NOVEMBER 20, 2014

At the end of 2014, many leaders that I work with are preparing their 2015 strategies. The technology shifts are many: internet of things, mobility, analytics for social and unstructured data, cognitive learning, cloud-based software, canonical integration in B2B networks, e-commerce, and digital images. For many, it is a paradox.

Analytics Software 294

Analytics Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 294

Enterra Insights

MAY 12, 2020

Many firms already dedicate considerable resources to supply chain risk management and data analytics.” Sáenz and Revilla explain, “To achieve effective transparency and resiliency, objective and comparable metrics [are] required.” Ideally, the private industry would cooperate on these issues proactively. Footnotes.

Supply Chain Design Software 100

Supply Chain Design Software Pharmaceutical Supply Chain Planning Software Supply Chain Design 100

Talking Logistics

DECEMBER 20, 2017

“OPEC and 10 producers outside the cartel, including Russia, agreed late last month to continue holding back nearly 2% of crude production from the global market through the end of [2018]…with the aim of alleviating a supply glut that has plagued oil markets since 2014,” according to a recent article in the Wall Street Journal.

Predictive Analytics Software 93

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 93

Supply Chain Shaman

FEBRUARY 21, 2016

The period of 2004-2014 had a.4 Virtualization: a virtual copy of the Smart Factory created by linking sensor data (from monitoring physical processes) with virtual plant models and simulation analytics. Stuck today, nine out of ten companies struggle to improve performance at the intersection of operating margin and inventory turns.

South Carolina 180

South Carolina Supply Chain Design Software Supply Chain Network Software Modeling Software 180