Supply Chain Shaman

JUNE 7, 2021

A forum was great for networking but not for driving process innovation. For example, client-server to cloud architectures offered great promise for process innovation, but companies just moved their processes without asking how to drive new levels of value from technology. The industry is like a Ferris Wheel.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Game Changer

JULY 14, 2021

For those that aren’t familiar, or like myself are more familiar with the symbol than the concept, the principle of Yin and Yang is a concept of dualism, used to explain “that all things exist as inseparable and contradictory opposites, for example, female-male, dark-light and old-young. Create a Sustainability North Star Metric.

Optimal Sourcing 98

Optimal Sourcing Procurement Sustainability Material Savings 98

QAD

JANUARY 6, 2022

In its 2021 survey, Deloitte once again affirmed the fact that more digitally mature businesses outperform industry averages on a variety of financial metrics. Others, such as reducing environmental impact and increasing workforce diversity, are increasingly seen as part of companies’ broader social responsibility.”.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 93

SYSPRO Smarter ERP

APRIL 11, 2022

The role of the CFO is being transformed by technological innovation and access to massive amounts of data, both inside and outside the organization. According to the 2021 SYSPRO CFO 4.0 The use of dashboards, KPIs, and other business metrics provides CFOs with visual windows into the data to transform businesses processes.

Manufacturing Procurement 105

Manufacturing Procurement Distribution Supply Chain Design Software Manufacturing 105

Supply Chain Trend

DECEMBER 22, 2023

However, standing still and sticking to old dogma’s, not innovate, come up with new ideas and envision a better supply chain planning future is not an option for me. Figure 4 : Slide from the ISF 2021 There are other ways to segment decision types, as per suggested McKinsey decision types here. I see two steps in augmentation: 1.

Supply Chain Planning Software 78

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

Logistics Viewpoints

SEPTEMBER 4, 2023

A 95% on time delivery metric – very high performance – is just not good enough for Simmons. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. Really, in 2021 we were hanging on for dear life,” Mr. Masters lamented. Simmons ran an RFP between late 2021 early 2022.

Procurement Solutions 203

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 203

o9 Solutions

JANUARY 25, 2023

For example, detailed information about the materials that make up a product is required to achieve efficient recycling. An industry example The battery sector has been the first to develop a DPP to boost the reuse and recycling of batteries. 2021 ; Walden et al., The need for this is clear.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Enterra Insights

MARCH 30, 2022

For example, in the early stages of the pandemic, consumers bought many more cleaning products and shelf-stable foodstuffs than normal. Retailers need to consider a multitude of metrics, including the role of the category in the store and across channels from the shopper’s point of view (do shoppers see it as a convenience or a necessity?),

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

Supply Chain Game Changer

AUGUST 30, 2021

Books can help students to absorb groundbreaking innovations, new concepts and teach them more about management practices. It is about a research study undertaken by MIT students over a period of five years on the concept of lean production in the automobile industry, using Toyota as an example. Supply Chain Management for Dummies.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

ivalua

NOVEMBER 29, 2022

In fact, 44% of respondents noted supply risk as a top priority, while 27% cited ESG as a priority–and the percentage of CPOs that have prioritized savings has nearly doubled year over year since 2021. For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

ModusLink Corporation

MARCH 29, 2022

According to Castillo (2021), most e-CRM software also has the ability to analyze your site’s metrics, for example: Conversion rates; Customer click-through rate; E-mail subscription opt-ins; Which products customers are interested in. You can also apply the Multiplatform Support philosophy to provided payments for example.

Optimization Software 78

Optimization Software Logistics Network Optimization Software Procurement Analytics Procurement Solutions 78

SupplyShift

JUNE 17, 2021

For example, in 2019, 90% of companies listed on the S&P 500® index issued an annual sustainability report, compared to just under 20% in 2011. For example, with 13 million hectares of forests being lost each year, one of Unilever ’s goals was to address deforestation. Struggling to choose?

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

SupplyShift

JUNE 17, 2021

For example, in 2019, 90% of companies listed on the S&P 500® index issued an annual sustainability report, compared to just under 20% in 2011. For example, with 13 million hectares of forests being lost each year, one of Unilever ’s goals was to address deforestation. Source: sasb.org. Source: sasb.org. Struggling to choose?

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

Enterra Insights

JUNE 17, 2022

Today, for the first time in history, more than half the planet’s population resides in cities, which are fast becoming innovation hubs and are developing quickly into smart cities. 2] James Bambrough, “ The perils of the smart city ,” Computing, 19 January 2021. [3] ”[1] What happened to that enthusiasm?

Predictive Analytics Software 130

Predictive Analytics Software Supply Chain Network Software Analytics Software Supply Chain Planning Software 130

Supply Chain Shaman

JULY 30, 2022

The shifts in growth from 2019-2021 are dramatic. For example, an over-the-counter allergy product has an order latency of 180-280 days, while a popular product like Tide has an order latency of 15-45 days. Challenge yourself to imagine the future in an environment where technology innovators and business leaders are equals.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Enterra Insights

OCTOBER 20, 2022

For example, Julius ?erniauskas Researchers assign various measures of importance to each of the metrics, sometimes treating them equally, sometimes separating one out of the pack.”[2] 14] Dimitri Sirota, “ In the Roaring 2020s, Data Will Be Your Most Vital Asset ,” insideBIGDATA, 20 November 2021.

Big Data 130

Big Data Data Quality Cost Reduction Strategies 130

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Let’s take P&G as an example. A Case Study. My answer is no.

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

Enterra Insights

FEBRUARY 1, 2021

So, it’s unsurprising that ‘big data’, ‘data harvesting’, and ‘predictive analytics’ are all set to continue their exponential growth through 2021.” Use data and new metrics systems to free the organization from the ball and chain of corporate politics. As a result, collaboration is essential.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Optimization 113

Unleashed

MARCH 9, 2021

A robust procurement strategy should explain how an organisation seeks to optimise the businesses external spend, procurement costs and other value contributions such as product innovation, spend reduction and process efficiency. Procurement in 2021 and beyond. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Elementum

JUNE 30, 2022

In 2021, Treasury Secretary Janet Yellen optimistically predicted that inflation would be transitory. For example, in a Recession the economy could contract by 2%. Because traditional final-mile delivery requires trucks, fuel, and drivers, drone technology is an attractive area of innovation for leading retailers. delivery fee.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

ToolsGroup

APRIL 27, 2022

According to the American Psychological Association’s (APA) 2021 Work and Well-being survey, 71% of Americans feel tense or stressed during the workday. For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. And we know they are necessary for innovation. Image source: APA.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Enterra Insights

SEPTEMBER 28, 2020

. “Though some industries are ahead in their application of AI — retail for example — Bain & Company research says no one is ‘mastering the technology.’ Overall, stats show that 85% of customer interaction will be handled without human agents by 2021. The technology in and of itself isn’t the innovation.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

ShipBob

JANUARY 23, 2023

An example of a last-mile carrier is Amazon, who has increased their last-mile efforts in order to increase delivery speed and in turn, customer satisfaction. For example, industry leading pet supplement brand, PetLab Co. Today’s customer expectations demand fast and accurate shipping, no matter where they shop online.

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

Talking Logistics

JUNE 22, 2015

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 Robinson and TMC earned second place in CSCMP’s Supply Chain Innovation Award. The redesign has saved the company €1.2

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

ToolsGroup

MARCH 9, 2021

So your firm recently released a report of 2021 predictions and there’s a lot of great information in there. What are one or two challenges in particular that you’re advising companies and their supply chain management teams to focus on in 2021? So our overall theme for 2021 predictions is a year of renewal.

Predictive Analytics Software 156

Predictive Analytics Software Supply Chain Planning Software Predictive Analytics Supply Chain Design Software 156

Unleashed

AUGUST 18, 2021

Rather than letting returns harm their business, manufacturers and retailers who are innovative and have efficient processes in place can benefit from reverse logistics. 3 examples) What are the challenges of reverse logistics? 3 examples) 1. What steps make up the reverse logistics process? Why is reverse logistics important?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

ShipBob

JULY 2, 2021

Here are some stats: At least half of logistics supply chains will invest in AI by the end of 2021, garnering a 15% productivity spike. by walking from one side of a fulfillment center to another), more logistics experts and employees can concentrate on more complicated processes, such as packaging innovations, workflows, and more.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

Gravity Supply Chain

MAY 20, 2022

This corporate management innovation eventually became standard operating procedure throughout the West. made great use of this innovation during the Vietnam War to ship supplies to soldiers, who sometimes even used the containers as shelters … This innovation made the modern globalized world possible.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

ThroughPut

DECEMBER 6, 2023

Not so surprisingly, the 2021 MHI Annual Industry Report found that 31% of the respondents were already using predictive analytics in some capacity, and 48% were planning to invest in it in the next 5 years. Analytics uses performance metrics to identify potential bottlenecks, delays, or quality issues.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Logistics Viewpoints

OCTOBER 4, 2021

Because of service disruptions – not being able to buy toilet paper, for example – the supply chain has been more discussed than ever before. A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. But just how bad was it?

Inventory Reduction 221

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 221

Enterra Insights

FEBRUARY 26, 2021

Brick-and-mortar stores that didn’t offer a fun or innovative experience were probably destined for the dustbin of history, even before COVID-19 hit.” Nevertheless, to make his point, Frommer provides a current example — the grocery chain Eataly. ” Sometimes customer experience innovation takes you out of the store.

Retail 100

Retail Procurement Analytics Just-in-Time North America 100

Enterra Insights

DECEMBER 6, 2021

Linear algorithms need hundreds of examples per class, while more complex algorithms need tens of thousands to millions of data sets. Generating data for innovation will be embedded in the development process, taking place behind the scenes. ” Shaked adds, “AI/ML models are starved for data. ” Concluding Thoughts.

Data 130

Data Modeling Software Procurement Analytics Modeling 130

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

Proxima

JUNE 22, 2021

Our 2021 Finance Leader’s Outlook report showed a growing awareness of procurement as a tool to drive much more than just recovery, with 38% of US finance leaders saying procurement should be measured on business resilience, while 40% of UK finance leaders said innovation should be the key metric. Innovation through procurement.

Optimal Sourcing 52

Optimal Sourcing Procurement Sourcing Strategies Cost Reduction Strategies 52

Intelligent Audit

OCTOBER 4, 2022

From contractor controversies to rising fuel costs, logistics professionals across the transportation industry are turning to innovative solutions to persistent problems. in 2021, is sure to place further pressure on inflation-weary shippers. FRONTdoor Collective Provides Fresh Thinking Amid Contractor Controversy.

Innovation 52

Innovation Negotiating Skills Los Angeles Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

Network slicing allows cellular 5G networks to deliver dedicated virtual networks across a single physical infrastructure, reducing costs, segregating traffic and enabling delivery of quality of service metrics like latency, bandwidth and congestion management. 5 Megatrends Shaping Supply Chain Innovations. the world’s.

Supply Chain Software 130

Supply Chain Software Supply Chain Network Software Modeling Software Demand Planning Software 130

HICX Solutions

JANUARY 27, 2022

The turbulent events of 2020 and 2021 have brought the world to a virtual standstill and with it a realization of just how dependent organizations are on their supplier communities. There is the possibility of utilizing it to drive innovation management. What Are the Benefits of Supplier Relationship Management?

Supply Chain Design Software 98

Supply Chain Design Software Modeling Software Procurement Solutions Optimal Sourcing 98