Supply Chain Shaman

JULY 25, 2021

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. Here I share my observations: A Focus on Cost Versus Margin. The Focus Inside-out Supported by Functional Metrics.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

NOVEMBER 21, 2022

Self-driving supply chains are an example. On the technology front, optimization is deeper, and the evolution of artificial intelligence enables more flexible sensing and modeling. There is no magic ball on design: the organization’s reporting structures vary by culture and size. Supply Chain Reporting Structures.

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 303

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

JUNE 23, 2020

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. The supply chain planning vendor faces the innovators’ dilemma. Procurement and transportation operated as islands. We need to combine TOC with flow analysis to drive better answers.

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) 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. AMR Research was an industry analyst firm in Boston.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.

Procurement Analytics 78

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

Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. Well, the bigger picture is where the real focus shifts to total cost and value addition. One example of value addition can be in the form of supplier collaboration and developing long-term relationships with them.

Procurement Solutions 58

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 58

Unleashed

JANUARY 29, 2024

This article looks at the SKU rationalisation process, how to utilise SKU rationalisation analysis for your business, and some essential best practices for implementing it. It helps to reduce your inventory costs , improve operational efficiencies, enhance customer experience, and increase your sales and profit margins.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Logistics Viewpoints

MAY 11, 2023

How the digital twin concept drives benefit By using advanced analytics and machine learning algorithms, digital twins can provide real-time insights and recommendations to optimize operations, reduce costs, and increase productivity. Do they purchase a 3D warehouse simulation and modeling tool? come with any of them.

Modeling 236

Modeling Analytics Software Supply Chain Design Software Optimization Software 236

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Unleashed

SEPTEMBER 17, 2022

As an accountant or advisor you’ve likely been considering whether to offer – or expand your offering – in sustainability reporting for your clients. In this report we look in to the trend for sustainability reporting, and explore the pros and cons of offering sustainability reporting in an accounting practice.

Sustainability 90

Sustainability Procurement Analytics Report Purchasing Skills 90

Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. Well, the bigger picture is where the real focus shifts to total cost and value addition. One example of value addition can be in the form of supplier collaboration and developing long-term relationships with them.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 40

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Procurement? And What is Purchasing? There has been transformation in the Procurement function over the past decade. From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business.

Manufacturing Procurement 73

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 73

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. We complete the analysis each year. In this analysis, patterns matter.

Case Study 263

Case Study Inventory Reduction Agile and Lean Supply Chain Study 263

Supply Chain Shaman

DECEMBER 11, 2018

Supply chain innovation is slowly simmering in the face of radical disruption. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. Examples include Hadoop, Kafka, and Apache Spark. .

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 199

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. This week, I received this email from a financial institution questioning why business leaders are not harnessing more insights and redesigning processes based on analytics. S&OP Challenges. Reflection.

Analytics Software 243

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 243

Enterra Insights

MAY 6, 2021

For example, Boian Alexandrov and Velimir ‘Monty’ Vesselinov, scientists at the Los Alamos National Laboratory, call big data a “bottomless ocean” and marketing expert Angela Hausman ( @MarketingLetter ), compares big data to “mountains.” Descriptive analytics. Diagnostic analytics.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. around the globe?—?and

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

Supply Chain Shaman

SEPTEMBER 17, 2015

As shown in the 2015 Supply Chains to Admire report , over time, top performing supply chains plateau. Let’s take an example. The concept of text mining or social sentiment analysis is not on the radar for most supply chain professionals. As shown in Figure 3, the period of 2015-2020 will be about analytics.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 150

Cognira

FEBRUARY 12, 2024

The future of retail promotions is being shaped by innovative advancements, particularly in the field of artificial intelligence (AI). In this blog, we’ll explore the outlook for retail promotion management innovations, shedding light on the key trends that will redefine the retail promotion landscape this year.

Waste Reduction 52

Waste Reduction Inventory Reduction Retail Optimization Software 52

RFgen

APRIL 12, 2024

Therefore, the goal is to optimize cost to optimize profits and catalyze growth. To start with, inventory costs go beyond the initial purchase price of goods. Hidden costs may accumulate after purchase if not meticulously monitored and managed. Next is the cost of storing the inventory.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

Unleashed

MARCH 6, 2024

Three reasons why it’s important to improve supply chain agility: Remain adaptable to market changes: Responding quickly and effectively to changes in customer preferences, demand patterns, and product innovations helps you to capture new opportunities and gain a competitive edge.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Supply Chain Shaman

SEPTEMBER 10, 2020

For example, Campbells Soup is struggling to keep up with the demand for soup, potato chips, and cookies. Demand latency is the time from channel purchase to order receipt.) Underneath the technology market in advanced analytics is the move from planning to decision support. Most are capacity constrained. Sales are up 12%.

Supply Chain Planning Software 413

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 413

ShipBob

JANUARY 15, 2024

In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. In fact, according to a report , two-thirds of retailers had excess inventory during the 2023 holiday season last year. Just take a look at the example below.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Trend

JUNE 29, 2023

Extended Planning & Analysis , xP&A, is the evolution of financial planning beyond the finance function. It requires planning highly integrated with other business functions, a transformation of analytics , and a business partner culture, which combined lead to the requirement for modern FP&A skills in the workforce.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 60

Enterra Insights

JANUARY 25, 2024

Data will not disappear as a result of the enactment of privacy laws and regulations; however, privacy laws and regulations do make the collection, storage, and analysis of data more complicated. For example, the National Cybersecurity Alliance notes, “Your online activity creates a treasure trove of data. Manageable.

Data 130

Data Modeling Software Supply Chain Design Software Analytics Software 130

Supply Chain View from the Field

DECEMBER 14, 2013

In this first of a series of blogs, I will be exploring many of the key themes that emerged in the recent Future of Procurement study I co-authored with KPMG’s Procurement Advisory Council. The first of the themes we will explore is the procurement manager’s role as a support to the Chief Financial Officer.

Optimal Sourcing 74

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 74

ThroughPut

MARCH 25, 2024

This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. Demand forecasting predicts future customer demand using historical data and market analysis. What are the Benefits of Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Game Changer

NOVEMBER 29, 2018

Check out Supply Chain Innovation: The Path to Success! It is no surprise, then, that the latest technologies are the cornerstone of business innovations for the foreseeable future. Predictive Analytics. To cope with this, companies are now employing predictive analytics to get the job done. Subscribe Here!

Analytics Software 54

Analytics Software Innovation Predictive Analytics Software Demand Planning Software 54

Enterra Insights

MAY 25, 2022

Minkow reports her company’s top ten retailers this year are: Target, Apple Store, Sephora, Home Depot, DSW, Levi Strauss, Nike, Walmart, American Eagle, and Ulta. ” Complicating this challenge is the fact that consumers can easily hop on and off the digital path to purchase. That isn’t always easy.

Customer Service 130

Customer Service Analytics Software Supply Chain Planning Software Optimization Software 130