Remove Analysis Remove Examples Remove Innovation Remove Metrics
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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

For a more detailed analysis, check out the Power point summary.) I find in the orbit chart analysis that 45% of companies in the report are unconsciously incompetent. For example, in Figure A, we share on orbit chart on how Sanofi is underperforming the industry. Outperformers Focus on Customer-centric Innovation.

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Don’t Wait to Innovate: 3 Key Benefits of Causal Forecasting

Logility

Let’s consider a simple example—daily sales of ice cream. A traditional forecasting model might look at last year’s sales metrics to predict this year’s. Manufacturers can supercharge their predictive analytics capabilities by embracing innovative technology that supports it, like Logility.

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My Failure Of Using Design Thinking To Drive Supply Chain Innovation

Supply Chain Shaman

This post focuses on my failure to use design thinking to spark innovation with supply chain teams and my lessons learned. Today, six years later, I reflect on the gaps of the methodology as it applies to supply chain innovation. Remember the need for goal clarity, rules, and clear metrics in my opening paragraph?

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Trying to Push Content Above the Noise

Supply Chain Shaman

We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. For example, let’s take a look at the patterns of Anheuser Busch, Colgate-Palmolive, Mondelez, and Nestle shown in Figure 1. Instead, the focus is on customer-focused innovation and leadership.

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Holding Ourselves Accountable for Business Results

Supply Chain Shaman

In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. Let’s start with honesty and a focus on process innovation. Few companies measured the impact on error and bias through the rigor of Forecast Value Added (FVA) analysis. Reversing The Trend.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Need For What-If Analysis. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. What are functional metrics? It Is Even Worse in the Pandemic.

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The Coffee Pot Conversation That Will Not Happen

Supply Chain Shaman

He also believed that supply chain leaders could easily select top-performing supply chains and designed the AMR Top 25 Supply Chain (now the Gartner Top 25 analysis) to be 25% of the score. I advocated a study, an analysis of market value. A forum was great for networking but not for driving process innovation. I disagreed.

Gartner 198