Analytics Big Data Metrics Procurement 
Supply Chain Shaman
JANUARY 31, 2022
The Chief Financial Officer gained more presence with procurement and IT reporting to finance. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Over the past two decades, organizations have become more insular and less willing or able to share meaningful data.
Supply Chain Shaman
FEBRUARY 1, 2024
Optimization engines to improve functional metric performance resulted in an exploding number of planners. Build a supply planning master data layer to capture supply variability of inbound receipts, conversion rates, yield, run-rates, and other variables. Current approaches result in black hole automation and bullwhip amplification.
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Supply Chain Shaman
JUNE 6, 2013
Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. They also are clear that the supply chain is defined outside-in based on the channel requirements and the underlying rhythms and cycles of fulfillment, manufacturing and procurement. Metrics Alignment. They lack cohesion.
NC State SCRC
FEBRUARY 12, 2017
I recently interviewed a large semiconductor company that developed a cross-enterprise initiative to drive analytical learning across its entire supply chain. There are systems directors in both the procurement and logistics/planning teams. The company established a supply chain IT organization that reports up to the CIO.
BlueYonder
FEBRUARY 17, 2022
Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. Transport costs are soaring to ridiculous levels, especially for those shippers that did not have an organized procurement strategy for freight movement.
IQMS
OCTOBER 18, 2019
The algorithms iteratively query data with many using constraint-based modeling to find the core set of factors with the greatest predictive accuracy. Machine learning is proving to be invaluable in analyzing machine-derived data to determine which causal factors most influence machinery performance. Preston, D. S., & Swink, M.
American Global Logistics
SEPTEMBER 12, 2023
It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Big Data analytics Artificial intelligence and machine learning enable predictive analytics and demand forecasting, facilitating better decision-making.
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