Supply Chain Shaman

JANUARY 8, 2024

Working on it over the holiday break, allowed me to spend more time to think about the trends that I am seeing in the data. We are currently working with the statistics group at Georgia Tech to understand how the relationship of these metrics changed over time, but more on that in a later blog.) Smaller Focused Companies Win.

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 239

Logility

MAY 7, 2020

Companies across all industries and sizes struggle to make sense of and value from the available mountains of data. Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Exponential Growth in Supply Chain Data.

Supply Chain Planning Software 195

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

Supply Chain Shaman

DECEMBER 28, 2020

My goal is to convince you to ground supply chain processes and technology implementations in data analysis while tying the results to the improvement in corporate performance. Let me make my point by sharing some financial data using client examples from the last decade. So, I asked the questions, “Is your data forecastable?

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Material Handling & Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. More data is coming in than ever before.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Talking Logistics

APRIL 12, 2017

Which is why a drone took flight from the stage during Ryan’s keynote address at the Descartes Evolution 2017 Conference a couple of weeks ago and broadcast real-time video of the audience as it flew across the front of the hall. Descartes (@DescartesSG) March 28, 2017. million in FY 2017 (net income has grown from $12.0

Supply Chain Planning Software 114

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 114

Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. Wal-Mart and TJX Orbit Chart for Operating Margin and Inventory Turns for the Period of 2006-2017.

Gartner 209

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 209

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. Real-time location and IoT data such as condition statuses (e.g., In February 2017, Koch Equity Development LLC invested $2.68 billion in Infor.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

Talking Logistics

DECEMBER 4, 2017

Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. So, what are some of the data challenges the industry faces? Cement is one of the raw materials that goes into making concrete, which is the finished product.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Talking Logistics

JUNE 23, 2017

Cass Truckload Linehaul Index – May 2017. Consumer Convenience” will become a new supply chain metric (more on that idea in a future post). Wal-Mart, loath to give any business to Amazon, said it keeps most of its data on its own servers and uses services from emerging AWS competitors, such as Microsoft Corp.’s

Logistics Network Optimization Software 0

Logistics Network Optimization Software Logistics Supply Chain Network Software Food 0

Logility

DECEMBER 28, 2020

By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Here it is again: there’s an asset that many manufacturers have not yet optimized – their own data. How can manufacturers manage disruption and improve productivity? It’s a high bar. Quality Control.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Logistics Viewpoints

MARCH 29, 2024

Now, Walmart is also implementing robotic automation in its Canadian distribution network, with goals including making the process of getting products from trailers into the facility 90% faster than doing it manually in an effort to boost productivity, reduce strain on associates, increases shipping accuracy, and enhance data and analytics.

Prescriptive Analytics Software 251

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 251

ToolsGroup

NOVEMBER 15, 2016

According to Ben, who oversees Chainalytics’ Demand Planning Intelligence Consortium , many companies take last year's forecast accuracy metric and simply add a few percentage points to establish the coming year’s goals. Companies are setting next year’s planning targets without a data-driven perspective on what is actually achievable.”.

Forecasting 120

Forecasting Forecasting Software Supply and Demand Modeling 120

Talking Logistics

OCTOBER 10, 2017

The industry is moving in an unprecedented direction that is increasingly digitized and more data-centric than ever, and logistics leaders are looking to increase efficiency with artificial intelligence (AI). And at the conference it was clear that the data problem is still huge and everyone needs a better way to solve it.

Conference 113

Conference Analytics Software Supply Chain Planning Software Data 113

Talking Logistics

JANUARY 9, 2017

Today, I’m adding to the list of resolutions, but instead of focusing on things you should do this year, I’m focusing on 4 things you should stop doing in 2017. It’s now 2017. The same resolutions still apply today, so I encourage you to re-read the post in case you forgot them or ignored the advice the first time around.

Negotiate Pricing 100

Negotiate Pricing Supply Chain Planning Software Pricing Training Negotiating Skills 100

EHS Sustainability Knowledge at Work

OCTOBER 10, 2018

The use of new technology has also brought with it ever more data. A proliferation of sustainability data – from energy consumption and worker habits, to waste creation and supplier audits – is also good news for investors. And that is good news for sustainable development. Take the disclosure platform CDP, for example.

Sustainability 56

Sustainability Modeling Software Supply Chain Network Software Data 56

Supply Chain Shaman

JUNE 15, 2018

Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio. Here I show orbit chart comparisons at the intersection of operating margin and inventory turns for the period of 2006-2017.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Logility

DECEMBER 29, 2020

By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Here it is again: there’s an asset that many manufacturers have not yet optimized – their own data. How can manufacturers manage disruption and improve productivity? It’s a high bar. Quality Control.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

Enterra Insights

SEPTEMBER 27, 2021

In the Digital Age, businesses are often asked, “Got data?” ” However, most businesses are choking in data. ” Frank Anthony Wilczek ( @FrankWilczek ), an American theoretical physicist, mathematician and a Nobel laureate, observes, “Big data doesn’t interpret itself. Extracting Value from Data.

Data 130

Data Analytics Software Predictive Analytics Big Data 130

Supply Chain Shaman

AUGUST 2, 2017

However, to maximize the effectiveness of S&OP there is a need for a corporate view of data. Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. Data Models. Businesses are different. Visualization.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

Supply Chain Shaman

JULY 3, 2017

” Many will initially shake their heads “yes”, but upon a closer look at the data, they admit that they are stuck. It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. Companies balance supply chain metrics better in good times than bad.

Inventory Reduction 157

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 157

Supply Chain Shaman

JUNE 7, 2018

However, most of the data is not a normal distribution. To make the argument, let’s look at industry orbit charts in aggregate for the period of 2006-2017 for the apparel and chemical companies. An orbit chart is a plotting of data at the intersection of two metrics. Data latency is an issue and an opportunity.

Supply Chain Planning Software 229

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 229

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The Effective Frontier.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 171

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 261

Case Study Inventory Reduction Agile and Lean Supply Chain Study 261

Logistics Viewpoints

JULY 19, 2021

Svend Lassen, head of reporting & data analytics for commercial and supply chain at Tata Steel Europe, explained that there needs to be a clear understanding of how any digital project will improve margins before the project is approved. “We Planners come up with data-proven forecasts on what the market may buy.

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

Supply Chain Shaman

AUGUST 2, 2017

However, to maximize the effectiveness of S&OP there is a need for a corporate view of data. Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. Data Models. Businesses are different. Visualization.

S&OP 152

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 152

RFgen

FEBRUARY 22, 2017

Mobile data collection solutions can help struggling companies more accurately track their inventory. Before we discuss how mobile data collection solutions can help struggling businesses, we need to address just how serious it is that all companies continuously evaluate their supply chain for weaknesses.

Resource Reduction 52

Resource Reduction Procurement Solutions Inventory Reduction Price Reduction 52

RFgen

FEBRUARY 22, 2017

Mobile data collection solutions can help struggling companies more accurately track their inventory. Before we discuss how mobile data collection solutions can help struggling businesses, we need to address just how serious it is that all companies continuously evaluate their supply chain for weaknesses.

Resource Reduction 52

Resource Reduction Procurement Solutions Inventory Reduction Price Reduction 52

Kinaxis

JUNE 9, 2017

Gartner Analysts Top 10 – 2017. Peers Top 10 – 2017. In this area, Gartner should push the metrics benchmark. I recommend Gartner have the top 50 supply chains enter their metrics benchmark data and create a category that uses a combination of these best-in-class benchmarks. Cisco Systems.

Gartner 166

Gartner Supply Chain Software Supply Chain Benchmarking 166

Enterra Insights

MAY 31, 2022

We live in a digital age in which, according to Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, big data is an organization’s most valuable asset. Today, it’s not people but data that tops the asset value list for companies.”[1] Data and the Digital Supply Chain.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Logistics Viewpoints

APRIL 21, 2023

But I believe that more efficient packaging is the area with the greatest potential to improve sustainability metrics within the warehouse. Xeneta’s data analysis shows that containerized imports from the far east to the US increased substantially from 2017 to 2022.

Logistics Network Optimization Software 207

Logistics Network Optimization Software Logistics Kenya Supply Chain Planning Software 207

Supply Chain Shaman

JUNE 26, 2017

As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. In the 2017 analysis, we analyzed 495 companies in 31 industries. This year-over-year comparison, enables visualization of performance on two metrics. ” The answer will be “Yes! About the Research.

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

Shipsy

JUNE 20, 2017

With an ever increasing focus on innovation and efficiency in the supply chain, Gartner’s Top 25 Supply Chain Rankings 2017 threw up a host of interesting takeaways. Key Trends in Gartner Top 25 Supply Chain Rankings 2017 (Source?—?Gartner) Net income/total assets Inventory turns?—?Cost Change in revenue from prior year CSR?—?Index

Gartner 40

Gartner Agile and Lean Supply Chain Supply Chain Strategy Sourcing Strategies 40

GlobalTranz

NOVEMBER 19, 2018

On the other hand, only 8 percent of companies that were rated by their executives as less than significantly above average on supply chain-related metrics have the same performance. To know the most difficult challenges as perceived by supply chain professionals, we turn to the SCM World’s 2017 Future of Supply Chain survey.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

ivalua

JUNE 29, 2020

According to OECD and National Health Expenditure data, US healthcare spending per person was approx $10,224 in 2017. According to 2019 Definitive Healthcare data, U.S. Across this supply chain there is typically a lack of visibility due to siloed information and data. The only way to really understand that is data.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

6 River Systems

NOVEMBER 11, 2019

General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. According to data from the U.S.

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Optimization Software 91

Freightos

APRIL 24, 2018

Today, the go-to metric for that question is typically Standard & Poor’s 500, the Nikkei, or the Dow Jones Industrial Average (a shockingly poor indicator , if you look closer). The S&P 500 works because it taps into real, live data , with a representative sample selected by a committee of analysts along with the right methodology.

Freight 142

Freight Logistics Network Optimization Software Supply Chain Planning Software Los Angeles 142

Enterra Insights

JUNE 21, 2021

“The more data, people and processes you can connect to in the supply chain,” she explains, “the more you reduce your risk, improve performance tracking and ultimately make better decisions.”[2] ” Robinson goes on to note that this common vision must be supported by shared data. ” Anne G.

Modeling 130

Modeling Scenario Planning Optimal Sourcing Modeling Software 130