Remove 2015 Remove Industry Remove Procurement Analytics Remove Procurement Solutions
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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. Belief in efficient procurement. Alignment Barriers.

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Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

As an industry, we struggle to embrace new ways of thinking. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Likewise, data scientists are long on the understanding of software approaches but short on understanding the business.

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[INFOGRAPHIC] Procurement Trends: Carving a Bigger Role in Supply Chain & Manufacturing

GlobalTranz

The Industrial Revolution helped change and bring prosperity into the world of manufacturing. As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. Let's take an in-depth look at procurement’s new and bigger and exciting role in the modern manufacturing and shipping industry.

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E2open Acquires Zyme: A Bridge Too Far?

Supply Chain Shaman

For readers of this blog that do not know Zyme, the company focuses on the management of channel data in the high-tech industry. The company is a CRM solution. The Zyme solution improves revenue management, warranty and rebate processes. This source of channel data is very industry specific to the high tech market.

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Student projects focus on supply management segmentation, risk analytics, and predictive cost models.

Supply Chain View from the Field

The team looked at industry best practices and what the methodologies were, and also applied a segmentation framework to the cotton /seed category of suppliers. A John Deere team discussed how they attempted to build a predictive cost model. They were able to find a positive correlation relating to the cost per unit.

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Predictive Analytics: Supply Chain’s Cloudy Crystal Ball

Enterra Insights

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

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Industry 4.0 Success Depends on Cognitive Technologies

Enterra Insights

But before the pandemic, the industry had started trialing and deploying new solutions at a fairly slow, careful pace. Supporting this, a recent BCG report highlighted that “AI will be a must in the post-COVID world.”[1] a new industrial revolution era. That has now changed. ”[2]. ”[3]. ”[3].