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Gartner Study Identifies Supply Chain User Wants and Needs

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Source: 2017 Gartner Supply Chain Technology User Wants and Needs Study, Dwight Klappich. The annual Gartner Supply Chain Technology User Wants and Needs Study, now its tenth year, is one of this industry's most comprehensive studies of supply chain users.

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Gartner's Six Levels of Supply Chain Planning Autonomy

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Source: Andrew Downard, Gartner Supply Chain Executive Conference, May 2017. Business is moving fast and there is so much new data now speeding through the pipes that Gartner says it’s not possible to plan a supply chain without some level of automation.

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Building a Business Case for Improved Demand Forecasting

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I’ve always maintained that improving demand forecast accuracy, as helpful as it can be, shouldn’t be the end goal itself, but simply a means to the end. A recent report from Gartner agrees, focusing specifically on the challenge of building a better business case for improved forecast accuracy.

The Power of Downstream Data for Sensing Demand

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Source: Supply Chain Insights, “The Power of Downstream Data”, July 2017. POS data helps sense and respond to localized demand. The blue bars represent historic average order demand profiles, while the colored lines represent regional POS demand patterns.

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What is a Good Level of Forecast Accuracy?

Download a complimentary copy of this RELEX eBook and learn why this common question might not be the right one to ask.

Seven Recent Trends in Retail Demand Forecasting and Replenishment

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Most retailers are facing a shrinking operating “margin for error”. So it’s not surprising that many are looking for more accurate demand forecasting and intelligent stock replenishment.

How to Become a Supply Chain Planning Leader in the Gartner Magic Quadrant

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Being selected for the Gartner Magic Quadrant leader’s quadrant is a pretty big deal. For a software vendor, it’s like winning an Academy Award.

The Amazon Supply Chain Revolution, Part I

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You can tell it’s a revolution when heads roll, and “heads” (brick-and-mortar stores) are rolling in retail. Macy’s is closing 100 more retail stores across the United States. Pacific Sunwear and Aeropostale filed for Chapter 11 protection. Sports Authority is going out of business.

Another Way to Think About Supply Chain Risk Management

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In a previous blog we described a new concept introduced by Gartner Research about the need for both macro-agility and micro-agility. Now we apply this same macro-agility and micro-agility concept to risk management.

Tech -Driven Supply Chains: How Innovations Are Transforming the Trucking Industry

Trucking may be notoriously conservative and slow to change, but all signs point to a major technological shift. This report explores this transformation, with an eye on what's coming down the pike in the near and long term.

A Different Solution to the Supply Chain Talent Shortage

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“78% of respondents to Gartner’s most recent Chief Supply Chain Officer Survey identify talent as the No. 1 long-term supply chain risk”. There is a lot of documented evidence of a shortage in supply chain talent. Why is it happening?

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There’s Blood in the Supply Chain

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This week’s posting is actually a video rather than a written blog. The National Health Service (NHS), the world’s largest health care organization, has implemented a new supply chain planning system for managing the United Kingdom’s blood supply.

Demand-driven supply chain planning in a push business

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A question we hear often is “How can I have demand-driven supply chain planning in a push business? Demand-driven seems more appropriate to a pull strategy, the opposite of a push strategy. How can they coexist?”. To answer the question we propose looking at the supply chain of two seemingly unrelated businesses, fashion companies and poultry producers.

Gartner says “Add S&OP to your Financial Planning”. Here’s Why.

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“Based on our research, every organization which aligns top-down financial plans with bottom-up demand plans, as part of their S&OP, sees an improvement in the accuracy and predictability of their financial forecast.” - Matthew Spooner, Research Director at Gartner.

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Sales & Operations Execution (S&OE) vs. S&OP

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S&OP (Sales & Operations Planning) and SI&OP (Sales, Inventory & Operations Planning) are two well know acronyms. Now Gartner has added an acronym with a distinctly different twist, Sales and Operations Execution (S&OE).

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The Value of Supply Chain Planning in Process Manufacturing

Supply Chain Planning (SCP) is enormously important to those process manufacturers that aspire to differentiated performance -- not just large enterprise businesses but companies of all sizes.

When is Inventory Too “Lean”? Finding the Right Balance

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I learned about “lean manufacturing” (or simply “lean”) back in the 1990s when I met James Womack and read his book “ The Machine that Changed the World ”.

Retail Supply Chain Planning Best Practices from Frost & Sullivan

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Frost & Sullivan has reported its best practices in technology leadership in supply chain management for the Retail and Wholesale Distribution Industry.

Here’s What’s Wrong with Demand Forecasting

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Note: Due to the holidays, there will be no blog post next week.

How Gartner Sees the Future of Supply Chain Planning

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Source: Algorithmic Supply Chain Planning: The Future of SCP , Amber Salley, May 2016. Gartner has taken a look at the future and sees lots of algorithms.

Leveraging Supply Chain Data for Competitive Advantage

What does it mean to become a digital business or digital supply chain?

Is Inventory Optimization a Key to Omnichannel Survival?

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For multi-channel retailers, it’s getting increasingly difficult to survive in “the Amazon jungle”. Bob Ferrari of Supply Chain Matters recently pointed to The Sports Authority bankruptcy as one indication.

Five Types of Inventory Optimization You Should Know

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Inventory configuration is usually the predominant issue in most manufacturing environments. Inventory policy is usually the predominant issue in most distribution environments. Here are five types of inventory optimization that you should be aware of if you are considering an optimization solution.

The Difference between Multichannel, Omnichannel and Unified Commerce. And Why It’s Important.

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It can be exhausting in retail. As shoppers use technology more frequently during their buying journey, their expectation of service increases. Retailers are forced to transform their business to keep up.

A Path Towards IoT Enabled Service Parts Planning

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Editor's Note: This week we have a guest post from Bob Ferrari, Managing Director of the Ferrari Consulting and Research Group. This blog first appeared in Supply Chain Matters. It is the second in a series on how companies can build foundational service parts planning technology to prepare for the Internet of Things (IoT).

CIO: Here's Why Analytics is Eating the Supply Chain

Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making.

A Hierarchy of Needs for Supply Chain Planning

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Abraham Maslow created his magnum opus “Maslow’s Hierarchy of Needs” by studying the best performing humans and their needs. While reading more about his theory, I realized that best performing supply chain systems also possess certain hierarchical needs.

Increasing S&OP clarity by adjusting “depth of field”

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In last week’s blog we talked about the fundamental challenge of connecting tactical S&OP down to detailed execution. Here we look in the other direction and examine the challenge of connecting tactical S&OP up to the strategic plan.

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An Example of Outstanding Change Management

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Managing change at the individual level is essential to realize benefits across the organization. Companies pick supply chain planning software based on the benefits to the business. But they install the software successfully—and realize the gains—when they convince users of those benefits.

What’s New in Inventory Optimization?

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Principal Analyst James Cooke of Nucleus Research just published his 2016 Inventory Optimization Value Matrix which highlights this year’s key trends, including functionality and usability.

The Modern Supply Chain: Present and Future

The external manufacturing environment is a highly dynamic, ever-changing landscape. The supply chain must both anticipate and adapt to that change.

Gartner’s 2016 Supply Chain Planning Predictions - This Time its Different

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Usually Gartner’s year-end predictions for the upcoming year consist of extrapolation of recent trends and gradual changes that are already happening, so they don’t make for particularly exciting reading. Not this year. For the first time in many years, Gartner is predicting big near-term changes in supply chain planning. In Predicts 2016: Reimagine SCP Capabilities to Survive , Gartner starts by laying down the gauntlet.

The Seven Key Capabilities of Demand Sensing

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break through that. Editors Note: A few weeks ago, we published a blog describing why most CPG companies have hit a demand forecasting ceiling.

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Will Supply Chain Planning Productivity be a Hot Topic in 2017?

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Planning productivity can be increased by segmenting tasks according to the tools best suited for the activity. For years, planning productivity has not been a particularly hot topic at most companies.

Five Things You Need to Know About Machine Learning for Supply Chain Planning

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First a confession: I borrowed this blog’s title directly from Gartner Analyst Noha Tohamy and her recent research note Five Things Supply Chain Strategists Need to Know About Machine Learning. I couldn’t do better myself.

Balancing Priorities in the Supply Chain: How Data Discovery Reveals Unseen Associations and Opportunities

Leading companies are constantly managing competing supply chain priorities.

Five Ways Machine Learning Can Improve Demand Forecasting

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Machine learning is being incorporated into solutions in every walk of life - home thermostats, health monitoring systems, equipment maintenance, marketing software, etc. In the latest generation of products, machine learning is adding intelligence pretty much everywhere you look.

Four Reviews of DDMRP for Supply Chain Planning

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Source: The Enterprise System Spectator. In recent months four experts have weighed in on Demand Driven Material Requirements Planning (DDMRP). Here is an overview of those reviews, followed by my own short commentary, plus links to the articles at the end of the post. Lora Cecere of SC Insights was the first of the supply chain expert opinions I saw on DDMRP. Lora said, “The concepts of DDMRP are growing in popularity.

What’s Wrong with Aftermarket Parts Supply Chain Planning?

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This is actually a trick question. What’s wrong with aftermarket supply chain planning really has nothing to do with planning, but with management expectations. This is a case of management not expecting enough from their business.

Gartner Releases a New S&OP Magic Quadrant

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Gartner Research just released its new Magic Quadrant for Sales & Operations Planning Systems of Differentiation (S&OP SOD). They say that compared to just two years ago “there have been significant shifts in the relative positions of several vendors.”. Gartner says that the moves have been driven mainly by a significant uptick in overall S&OP maturity of the users it surveyed, which required S&OP solutions to keep pace with increased user demands. Some vendors did.

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The Sustainable Supply Chain: Realizing Costs Savings and Increased Efficiencies Through Data Discovery

The sustainable supply chain is the future supply chain.