Talking Logistics

JULY 2, 2014

I’ve been using the word convergence to describe many of the trends occurring in the supply chain and logistics field today, and convergence was certainly evident at Roadnet’s perform 2014 User Conference a few weeks ago. First, there’s the convergence of companies. FreshDirect improved average on-time performance from 96 percent to 98.5

Conference 144

Conference Optimization Software Supply Chain Design Software Analytics Software 144

Supply Chain Shaman

MARCH 20, 2016

The new world of supply chain analytics is my current research project. There is a great need for improved supply chain analytics. The first generation of supply chain analytics were an extension of solutions with three letter acronymns–ERP, CRM, SRM, SCE, and APS. Evolution of Supply Chain Analytics Architectures.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Analytics Software Analytics Supply Chain Planning Software 150

Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? The capabilities in computing and new forms of analytics can now effectively product models based on channel data and show the impact of demand latency. Change takes time.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Logistics Viewpoints

OCTOBER 25, 2021

While supply chain software companies offer solutions that come with analytic solutions, the data used for the analytics is usually archived data. Longbow Advantage had their first user conference in Nashville, Tennessee last week. Here “near real-time” is defined as a refresh of key metrics every five minutes.

Real-time Visibility 173

Real-time Visibility Analytics Software Supply Chain Planning Software Demand Planning Software 173

Supply Chain Shaman

OCTOBER 13, 2022

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” I love the stories but question the fit of the metaphor(s) for a supply chain conference. Functional metrics need to be abandoned to focus on balanced scorecard outputs.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Talking Logistics

JULY 15, 2015

The theme of this year’s Descartes Evolution 2015 Global User & Partner Conference , held in May in Miami, Florida, was “Logistics Integration — What’s Next?” Important metrics include On Time Delivery from a customer’s perspective; Team Performance in the home; and Point of Sale experience. If not now, when?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Conference Supply Chain Network Software 100

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. ” Business development campaigns, advertisements, and consulting calls to implement ERP, upgrade analytics and focus on best practices inundate traditional agendas. Most are treading water.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

AIMMS

MAY 14, 2018

Common causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics across the business, dysfunctional technology and lack of expertise to operate and implement technology. We recently offered a workshop at LogiChem, a chemical industry conference.

S&OP 207

S&OP Supply and Demand Meeting Prescriptive Analytics Software 207

Supply Chain Shaman

JUNE 7, 2021

I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth. When companies were growing, I also discovered that the cost and inventory metrics better aligned with peers. In Table 1, I share a comparison of the two methods.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

SEPTEMBER 17, 2014

I smiled on the week following the conference as the accolades piled up in my inbox. Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. Following the conference, Alexia asked for me to share the methodology with over 150 financial analysts. Aligned Metrics.

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

Supply Chain Shaman

MARCH 9, 2021

Remember the need for goal clarity, rules, and clear metrics in my opening paragraph? The goal of the conference is to Imagine the supply chain of the future. The conference is in Franklin, TN on September 7th-10th, 2021. Our current research project is understanding analytics. The agenda will publish in April.

Supply Chain Design Software 216

Supply Chain Design Software Supply Chain Design Supply Chain Software Innovation 216

Supply Chain View from the Field

NOVEMBER 10, 2014

I was attending the Zycus Horizons 2014 conference at Amelia Island today, listening to speakers. A second response was provided by Niklas Hamnstedt Chief Procurement Officer at TE Connectivity: “I would like to see a stronger rating of supply risk and a supply risk metric.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

OptiProERP

JANUARY 17, 2024

While the overall trend is toward more integrated and flexible systems that can process voluminous amounts of data, yielding analytics and metrics for improved decision-making, a majority of manufacturers still have yet to commit to the newer, “smarter” technologies.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Design Software Supply Chain Planning Software 52

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

AIMMS

MAY 14, 2018

Common causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics across the business, dysfunctional technology and lack of expertise to operate and implement technology. We recently offered a workshop at LogiChem, a chemical industry conference.

S&OP 156

S&OP Supply and Demand Meeting Scenario Planning 156

Supply Chain Shaman

MAY 2, 2016

During the spring, I get to spend a lot of time in airplane(s) attending and speaking at technology confer ences. With the evolution of cognitive learning, cloud-based analytics, non-relational technologies, and streaming architectures, the ERP vendors are no longer the center-piece of supply chain visionaries’ discussions.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. When it comes to analytics, users have strong business preferences. Analytic Layers of a Global S&OP. Reporting Structure. Data Models. Visualization.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

Procurement Academy

OCTOBER 25, 2021

A traditional approach to sourcing—looking at potential suppliers through familiar lenses such as price, quality, and reliability—had the benefit of straightforward metrics on which to base a comparison. How should these be balanced against traditional procurement metrics? Analytics capabilities. On what measure? Validated how?

Price Reduction 98

Price Reduction Inventory Reduction Buyer Training Procurement 98

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I need it for my conference on September 10th-11th, 2014. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. ” Supply Chain Leader.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Supply Chain Shaman

JUNE 15, 2018

Bandied about terms like best practices and “supply chain leaders” fill the air at supply chain conferences. Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Supply Chain Shaman

FEBRUARY 14, 2022

When my flight canceled, I was en route to the annual AMR conference in Phoenix. Organizations can align to drive value despite the allegiance to functional metrics. Shifts in Thinking on Planning Processes When Embracing New Forms of Analytics. Industries carried on average 32 days more inventory in 2020 than in 2007. (I

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. When it comes to analytics, users have strong business preferences. Analytic Layers of a Global S&OP. Reporting Structure. Data Models. Visualization.

S&OP 152

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 152

Supply Chain Insights

JANUARY 18, 2018

I writhe in my seat at most conferences and count the number of times the word “digital” is used in presentations. This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. Analytics Approaches. However, this morning over coffee, my fingers hunger to write this post. The reason?

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

o9 Solutions

MARCH 22, 2023

This allows employees who do not work in traditional office settings to access critical metrics and information to make key business decisions, and access insights through advanced charts, analytic functions, and visualizations to collaborate with colleagues in real time. Visit the Samsung SDS booth at aim10x global to learn more.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Modeling Software SCM 52

Supply Chain Shaman

JUNE 21, 2016

The metrics reward functional thinking. I have been speaking at conferences around the world and inviting them all to watch the Supply Chain Insights Global Summit live streaming where we will debate these concepts. The conference will be live-streamed as we discuss five themes: Supply Chains to Admire. What do you think?

Supply Chain Design Software 161

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 161

Supply Chain Shaman

MAY 19, 2016

We believe that supply chain excellence is driving improvement while averaging a higher level of performance in the Supply Chain Metrics That Matter. The conference will be live streamed as we discuss five themes: Financial Results. It is one of the reasons that I left Gartner in 2010. Making the Digital Pivot.

Gartner 158

Gartner Pharmaceutical Predictive Analytics Modeling Software 158

Supply Chain Shaman

DECEMBER 7, 2022

I am unsure how many business teams I had the good fortune of working with, but a casual count nears 3,000 over 20 years with over 500 conference speaking opportunities. Investment in Descriptive Analytics. The most frequently cited valuable technology investment during the pandemic was descriptive analytics. A Clear Strategy.

Inventory Reduction 53

Inventory Reduction Material Savings Supply Chain Strategy Price Mitigation Strategies 53

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. New forms of analytics allow us to see demand patterns and translate actual channel demand 10-40X faster, but companies are slow to adopt the techniques. You just do not see the patterns of the interrelationships of metrics in an Excel spreadsheet.

Supply Chain Design Software 279

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 279

Supply Chain Shaman

MAY 22, 2015

The sun is shining brightly through the conference room windows as I listen to the consultants talk. Today, we know analytics is exciting. ” Steve’s burning platform is the use of analytics to drive growth through micromarketing and segmentation. For analytics, this logic is flawed. The air is thick.

Supply Chain Planning Software 150

Supply Chain Planning Software Analytics Software Modeling Software Supply Chain Software 150

Supply Chain Shaman

SEPTEMBER 17, 2015

The conference is always a lot of fun. At the conference I encouraged the attendees to network with each other, to build a guiding coalition, to redesign supply chain processes for the Supply Chain of 2025. At the conference the remarks of Anthony Volpe from Lenovo struck a chord. We are starting to plan for next year.

Prescriptive Analytics Software 150

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

DELMIA Quintiq

MARCH 18, 2016

In supply chain planning, we are driven by metrics. What if my tracker knew that I had been on a conference call for two hours and was falling behind in meeting my fitness goals for the day? It became a habit. It was the ongoing and immediate feedback of the fitness tracker on my wrist that helped to change my behavior.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Optimization 202

Talking Logistics

JANUARY 8, 2018

Do we have the right Service Level Agreement metrics in place? At the LogiChem conference [a couple of months ago], there was a discussion about the risks logistics service providers take on when they sign up a new customer. Is the mode of transport the most efficient to impact on-time delivery? At what cost?

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

Supply Chain Shaman

MAY 17, 2015

Then it is off to Dallas to speak on Supply Chain Metrics That Matter at the Dallas CSCMP roundtable and complete some more client work. The supply chain is a complex system and these metrics are tightly linked in non-linear relationships. At conferences, I hear from many supposed “supply chain leaders.”

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Software 150

Supply Chain Shaman

JUNE 9, 2016

With the evolution of big data analytics, these Supply Chain Operating Network architectures are evolving: prescriptive and cognitive analytics enhanced by more advanced visualization and benchmarking. The conference will be live-streamed as we discuss five themes: Supply Chains to Admire. Together, we built this model.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

The Logistics & Supply Chain Management Society

APRIL 26, 2022

According to the Conference Board, despite lockdowns and COVID-19 related restrictions, consumer confidence in Asia rose in the last quarter of 2021 to 128 points from 126 points. The Role of Digitisation and Analytics in Supply Chain Resilience. As a result, consumer behaviour is likely to become more and more unpredictable.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

DAT Solutions

APRIL 23, 2019

Did you miss out on this year’s TIA Capital Ideas Conference and Expo ? The Learning Center is always a major highlight of the conference, and representatives from DAT offered several sessions. Attend DATCON19, our fourth annual user conference. Check out photos from the conference on the DAT Instagram account.

Conference 70

Conference Analytics Software Logistics Network Optimization Software Education 70