Remove Analysis Remove Eliminating Excel in Purchasing Remove Metrics
article thumbnail

How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

In today’s architectures and functional metrics, value optimization does not exist. And, when procurement and tactical planning operate in isolation, there is no decision support framework to guide the trade-offs especially when the functions are tethered to different and conflicting metrics. You are right. The reason?

article thumbnail

Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. What Drives Value?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Patterns Tell the Story of Supply Chain Excellence

Supply Chain Shaman

Pattern recognition is the ability to discern patterns in data and use the insights for further analysis. The use of orbit charts allowed me to see the patterns of performance at the intersection of metrics over time. We purchase data from Y charts. (A By charting the performance against peer groups, I could see the story.

article thumbnail

Step Past AI Hype Drive Real Value

Supply Chain Shaman

Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. Think about the building of listening posts of rating & review data, continuous listening of call center transcripts, analysis of contracts, or the continuous analysis of supplier certificates for digital passport/Scope 3 emissions.

article thumbnail

Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

Supply chain excellence is easier to say than to explain. 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.) The reason?

article thumbnail

Organizational Alignment: Overlooked, but So Important.

Supply Chain Shaman

” Followed by “How are you organized, and what defines functional excellence? And, how do you tie functional excellence to corporate value?” Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. Functional Metrics.

article thumbnail

Machine Learning in Demand Planning: How to Boost Forecasting

ToolsGroup

Enhanced Promotions and Events Analysis Promotions, advertising campaigns, and trade events are vital components of marketing strategy, but accurately measuring their impact on demand remains challenging. Five Ways Advanced Machine Learning in Demand Planning Is Improving Forecasting 1.