Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. They are impatient that they know more about pizza’s status for lunch before their zoom meeting than the inbound shipment status for their critical manufacturing run. Reflection. The supply chain career is new.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

Supply Chain Shaman

SEPTEMBER 2, 2016

Labor day also signals the end of summer, and for many supply chain leaders the beginning of 2017 strategy discussions and intense S&OP debates to finalize Q3 and Q4 planning. Before I started doing this research, I believed procurement and manufacturing were aligned. Analytics Techniques for Supply Chain 2030.

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Logistics Viewpoints

DECEMBER 5, 2022

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Molex has more than 80 manufacturing facilities around the world supported by an 18,000 strong supplier eco-system that provide raw materials, electronic components, and services. The Molex Supply Chain. Keys to Success.

Agile and Lean Supply Chain 196

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Supply Chain Shaman

DECEMBER 28, 2020

The first story is about a large regional food manufacturer. An example for this client would be to use 2017 and 2018 history to forecast 2019. The second story is about a regional beverage manufacturer. In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay.

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Enterra Insights

APRIL 6, 2021

That’s where forecasting and predictive analytics come into play. Predictive analytics involve techniques like data mining and machine learning to predict future trends from past and current data. You might be asking yourself: What is the difference between traditional forecasting and predictive analytics?

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Procurement 40

GlobalTranz

FEBRUARY 6, 2017

Per IDC Manufacturing Insights , the use of robotics will become more platform based through robot-as-a-service, reducing costs of deployment and maintenance. Furthermore, the speed of operation of robots will increase more than 30 percent by the end of 2017. Technology Will Reshape Procurement Practices. The Big Picture.

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IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. 15th, 2017 (PDF., The manufacturing industry leads all others in the volume of data it produces on a yearly basis.

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Enterra Insights

APRIL 8, 2019

They need a general understanding of everything from procurement of raw materials to customer service. It was a kind of harmony between analytical and creative thinking.”[3] Supply chain management requires analytical thinking. Successful supply chain professionals are by nature, mostly analytical thinkers.

Supply Chain Design Software 100

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ThroughPut

OCTOBER 1, 2020

Supply Chain Risk Management (SCRM) is defined as the process of taking those strategic steps which can help manufacturers identify, analyze, assess, and finally mitigate the risk in the end-to-end supply chain. Manufacturers would first need to establish a risk profile and then enact active monitoring to keep it up to date.

Supply Chain Risk Management 52

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Claritum

OCTOBER 3, 2017

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. This was the catalyst for starting Claritum.

Optimal Sourcing 32

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 32

Enterra Insights

JULY 31, 2019

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. We must embrace the possibilities of Big Data, the Internet of things, blockchain technology, predictive analytics, and the growing unrest that these things bring to the industry.”[5]. ”[5].

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Enterra Insights

MARCH 26, 2018

In another article, Nahata predicts, “By 2021, 25% of large global companies will be piloting or using artificial intelligence automation in transactional procurement.”[5] There were only a handful of e-commerce companies offering this feature in 2017 but the trend will pick up in 2018.” 5] Sawaram Suthar ( @sawarams ?),

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The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

In 2017 I also assumed responsibility for Field Services and in 2019 Data Excellence & Analytics embracing digital transformation driving our Tailored, Sustainable and Connected 4.0 This involves improving data excellence and analytical capabilities at all levels, as we strive towards Autonomous Supply Chains.

Sourcing Strategies 246

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Supply Chain Shaman

NOVEMBER 27, 2016

Could we define business network flows through Apache Spark which can move real-time data like telematics, GPS, weather and temperature data, and sensor information at the speed of business to drive new forms of prescriptive analytics? Traditional procurement functionality in SRM focused on improving transactional efficiency.

Supply Chain Design Software 150

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Talking Logistics

NOVEMBER 2, 2017

Is it possible these things have impacted the sourcing, manufacturing, and delivery of my cologne? For example, has my country’s sanctions or tariffs impacted the supply chain of the manufacturer, impacted when and how they receive the ingredients for my cologne and at what cost? Is the foreign country’s currency stable?

Supply Chain Planning Software 101

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Enterra Insights

APRIL 4, 2018

Also, the expanse and coverage of these technologies have multiplied, as enterprises continue to integrate with suppliers, co-packers, manufacturers, warehousing teams, and procurement service providers. “In 2017, WannaCry ransomware outbreak exacted damages valued at more than $4 billion. ”[3]. ”[4].

Risk Management 100

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Enterra Insights

OCTOBER 26, 2020

Erminio Di Paola, Vice President at HERE Technologies, explains, “Getting an item as common as a pencil into the hands of a consumer can require a process involving hundreds or even thousands of people, from material procurement to manufacturing to distribution. Footnotes. [1]

Supply Chain Software 100

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LevaData

JANUARY 23, 2020

While LevaData’s research shows that manufacturing executives aren’t especially concerned about Brexit’s implications (see below), even a “soft landing” will have supply chain repercussions well beyond the auto industry. To manage, sourcing professionals will have to find ways to adapt. Data explosion fuels digital transformation.

Predictive Analytics Software 52

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Supply Chain Game Changer

NOVEMBER 19, 2018

Lean for instance is equally applicable in Supply Chain as it is in Manufacturing or anywhere else. The Supply Chain in the Financial sector is different from Manufacturing and Distribution for instance. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Enterra Insights

JUNE 14, 2019

Michael Watson, an instructor at Northwestern University and a founding partner at Opex Analytics, explains, “‘AI’ is a tech buzzword that seems to take on a new meaning each time you hear it. Manufacturing. AI systems can be used across supply chain networks from procurement to last mile delivery. Industry 4.0

Supply Chain Network Software 113

Supply Chain Network Software Optimization Software Analytics Software Predictive Analytics Software 113

Supply Chain Shaman

DECEMBER 4, 2018

Diversified Industry Performance For the Period of 2010-2017. The orbit chart in Figure 1, shows the relative rate of improvement at the intersection of inventory turns and operating margin for the period of 2006-2017. At Rockwell this includes all processes end-to-end except for manufacturing. Meet Ernest.

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Enterra Insights

MAY 31, 2019

” We know that data helps retailers and manufacturers learn more about us as consumers; but, we often forget that data also allows consumers to learn more about the products being offered to them. Invest in technology and analytics. Footnotes. [1] 6] Paul A.

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Supply Chain Shaman

DECEMBER 4, 2018

Diversified Industry Performance For the Period of 2010-2017. The orbit chart in Figure 1, shows the relative rate of improvement at the intersection of inventory turns and operating margin for the period of 2006-2017. At Rockwell this includes all processes end-to-end except for manufacturing. Meet Ernest.

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics. Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 138

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 138

Logistics Bureau

JANUARY 7, 2020

Development of analytical and network design skills within the company’s supply chain teams. In 2017, the company began to look at new options for warehousing, knowing it would need to start placing inventory closer to customers if it wanted to compete in the challenging omnichannel retail space. Procurement costs.

Inventory Reduction 101

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Aera Technology

AUGUST 16, 2018

are transforming capabilities to manage this massive network of manufacturers, distributors, pharmacies and patients. In the case of forecasting, analytics and algorithms applied to the data enables Merck to forecast more accurately than traditional tools and humans in 80 percent of their predictions. ATP is just one example.

Pharmaceutical 40

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Supply Chain Game Changer

NOVEMBER 8, 2018

Being named in 2017 as one of Supply and Demand Chain Executives Pro’s To Know. Pushing for more efficient supply chains, being serious about carbon footprint, encouraging ecologically sound manufacturing process while making recycling easier for both the individual and the producer are ways that we in supply chain can help make a difference.

Global 44

Global Waste Reduction Material Savings Cost Reduction Strategies 44

Logistics Viewpoints

MARCH 21, 2021

AGCO is an agricultural equipment manufacturer. We need problem solvers, people that can work with data from a data analytics perspective. When a supply chain disruption occurs, it is not uncommon for complex equipment and automotive manufacturers to have different plants in their company fight each other for the same components.

Supply Chain Design Software 240

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Requis

JULY 14, 2020

I did an update on that piece in 2017, and then did a deep dive on shipping. The amazing thing is that the community is only three years old (it started in 2017) and has been completely bootstrapped. Advanced manufacturing that enables us to create the things we need most frequently much closer to home, possibly 3D printing.

Supply Chain Software 126

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Infosys Supply Chain Management

APRIL 8, 2014

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Abstract Technologies such as Social networking, mobile, analytics and cloud computing have been shaking the IT industry for past several years. Automotive. Communication Services.

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Supply Chain Game Changer

SEPTEMBER 8, 2021

Featuring Our 12 Best Procurement Articles! Procurement’s North Star article and permission to publish here provided by Sam Jenks. What exactly are you and your procurement team working towards? What is Procurement’s North Star Metric? So… What’s your Procurement’s North Star? Subscribe Here!

Procurement Analytics 86

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The Logistics & Supply Chain Management Society

JULY 21, 2020

A significant paradigm shift in procurement and inventory control is an emerging area of focus. Diversify manufacturing base: need to avoid single production base and create multi-location, multi-supplier and building multi-production bases with a diversification strategy. . million job going unfilled. .

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IQMS

MAY 1, 2018

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. What Success Looks Like In A Customer-Driven Manufacturer.

Manufacturing Procurement 56

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6 River Systems

FEBRUARY 3, 2020

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 59

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Enterra Insights

MAY 1, 2019

It is a network of ecosystems with each ecosystem consisting of sensors (the things), connectivity (the IoT), and analytics (e.g., The challenge is applying the intelligence and analytics to produce measurable results.”[3]. A recent ransomware attack cost one manufacturer over 40 million dollars. ”[3]. Footnotes. [1]

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