Supply Chain Shaman

MARCH 27, 2023

As discussions full of oxymorons, acronyms, and juxtapositions fill the air, I think that it is time to step back, and rethink planning based on the opportunities that new forms of analytics and data give us. What is the role of inventory? Today’s definition of supply chain planning is my starting point.

Supply Chain Planning Software 308

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 308

QAD

OCTOBER 4, 2023

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

AIMMS

SEPTEMBER 10, 2018

There’s no doubt that the role of data, technology and analytics in retailer decision-making is growing, and that this trend will further heat up over the next few years. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 224

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 224

Supply Chain Shaman

SEPTEMBER 27, 2021

In our recent survey on analytics, today 74% of companies are attempting to improve supply chain visibility (as shown in Figure 1). Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. As I read today’s news, I often think of the sessions with Greg and laugh. What Is Visibility?

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Supply Chain Shaman

SEPTEMBER 28, 2022

Definition: “Someone’s efforts, resolve, or viability are tested; things are meaningfully challenging. Make, source, and deliver need to be managed together based on analytics that sense and respond at the speed of business. Multi-tier inventory management by itself was not sufficient. “ Wikipedia.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

AIMMS

SEPTEMBER 10, 2018

There’s no doubt that the role of data, technology and analytics in retail decision-making is growing, and that this trend will further heat up over the next few years. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 206

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 206

Supply Chain Shaman

JUNE 9, 2023

Each box has an optimizer that drives output from a model based on a functional definition using enterprise data. Companies need a planning solution to analyze the trade-offs between make, source, and deliver. A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. I term this bi-directional orchestration.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). In general the ERP technology providers underperformed, and the investment was an opportunity cost to the adoption of new forms of analytics and building effective business networks. Maturity Model.

Procurement Analytics 370

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

AIMMS

SEPTEMBER 10, 2018

There’s no doubt that the role of data, technology and analytics in retail decision-making is growing, and that this trend will further heat up over the next few years. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 156

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 156

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Let’s Start with Definitions: One of the difficulties in supply chain is the lack of common definitions. What did we find?

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Supply Chain Shaman

SEPTEMBER 10, 2020

While many companies attempt to improve the response by being reactive on traditional data sources, this is not the answer. The briefings are full of terms like demand sensing, control tower concepts, digital transformation, and cognitive computing, but when I ask for definitions, the answers are not forthcoming. What To Do?

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

Supply Chain Shaman

JUNE 1, 2022

Ironically, analytics capabilities increased greatly, while organizational capabilities precipitously declined. I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. Days of Inventory Shifts.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195

Supply Chain Shaman

FEBRUARY 14, 2022

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Cognira

JUNE 1, 2021

Analytics Evolution and its Impact on Retailers. Over the last decade, we have seen Data Analytics evolve at a tremendously fast pace. With the introduction of Big Data, the Cloud, Data Warehouses, and Artificial Intelligence, Data Analytics had to move with the times…fast. A Sneak Peek into the Evolution of Analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Predictive Analytics Analytics Software Analytics 52

Logistics Viewpoints

AUGUST 15, 2022

Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point. MSCN solutions provide supply chain visibility, network-based applications, and network analytics across an extended supply chain. Networks and Sourcing.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Supply Chain Shaman

MAY 18, 2019

Teams continuously balance cost, customer service, asset utilization and inventory. Companies making progress are clear on the definition of supply chain strategy. For most –hamstrung by silo-based strategies for source, make and deliver–there is no clear definition of supply chain strategy. Employee Turnover.

S&OP 176

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 176

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Logility

JUNE 28, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced it has signed a definitive agreement to acquire Starboard Solutions Corp., ATLANTA (June 28, 2022) – Logility, Inc., a Traverse City, Michigan based innovator of supply chain network design software.

Optimal Sourcing 252

Optimal Sourcing Network Optimization Software Logility Supply Chain Network Software 252

Supply Chain Shaman

APRIL 30, 2020

The companies are just not good at managing inventories and orchestrating distribution strategies. They are seldom cross-functional to optimize source, make, and deliver together. By definition, factories are not COVID-19 friendly. Localize supply—design inventory strategies to include buffer strategies. Recommendation.

Supply Chain Design Software 352

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 352

Supply Chain Shaman

JUNE 7, 2021

I did not think that anyone had a clear definition of supply chain excellence. Using new technologies in traditional process definitions reduces the potential for value enablement. Companies want a definitive Return on Investment (ROI), limiting the opportunity to test and learn with new technologies. I disagreed.

Gartner 197

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

Supply Chain Shaman

APRIL 20, 2018

This week I spoke at an SAS Global Analytics Summit on the connected supply chain. I believed that planning needed its own system of record and that this definition was distinctly different from a transactional system of record. Transactional systems are vertical by definition. The use of analytics to manage business decisions.

Supply Chain Planning Software 163

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Software 163

Supply Chain Shaman

OCTOBER 19, 2022

Planning outside of lead time in the tactical horizon is essential to manage costs, defining buffers, and sourcing strategies. Definition of Time Horizons. So the next time that someone in a meeting asks for real-time planning stop the discussion and get clear on definitions. The reason? Organizational Alignment. The So What?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Real-time Visibility 195

Enterra Insights

OCTOBER 1, 2019

How it will self-manage customer inventories. Fuzzy definitions. Cecere asserts the fog in which digital transformation must take place is dense because a clear and universal definition of digital transformation doesn’t exist. ” Her answer, “Nope, my definition is one of many. Over-arching superlatives.

Supply Chain Transformation 100

Supply Chain Transformation Supply Chain Planning Software Supply Chain Optimization Gartner 100

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Most companies, along with consultants, feel that they know the definition of supply chain excellence. The source of the data is public reporting of balance sheet information. The difference? I was wrong.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Demand Solutions

JUNE 1, 2020

But that’s not the only source of waste. Your ERP system needs to maximize inventory optimization, automate as much as possible, integrate with marketing and sales data, and make communication more seamless in order to reduce overall waste. Source sustainably. Modernizing the Supply Chain. How do you manage that?

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Waste Reduction Supply Chain Optimization 130

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Specifically, I will focus on the lack of clear definition of control tower, cognitive computing, connected planning, and concurrent planning. Advanced Analytics.

Supply Chain Planning Software 167

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 167

Supply Chain Shaman

AUGUST 14, 2016

Starting With Definitions. To help, I wrote a few definitions on the board: Demand-Driven Processes. In 2012 I built on these concepts to define the market-driven value network. The definition: an adaptive network focused on a well-defined value-based outcomes. Definition of Outside-In Processes. The Building Blocks.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Enterra Insights

MAY 21, 2020

Lora Cecere ( @lcecere ), founder and CEO of Supply Chain Insights, explains, “There is no class of technologies, or common definition, for ‘supply chain control towers.’ For a manufacturer, that might span from source to make to deliver. ”[1]. ‘View’ or ‘cockpit’ becomes a better term.”[2]

Supply Chain Planning Software 100

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Design Software Analytics Software 100

Supply Chain View from the Field

MAY 31, 2013

I’ve been leading a few calls for the International Institute of Analytics, as a faculty lead for the manufacturing group. We are preparing for the Chief Analytics Officer meeting coming up in Chicago in June. One of the issues that comes up is where the analytics function should reside – in IT or in the business function?

Analytics Software 74

Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics 74

Supply Chain Shaman

MAY 2, 2016

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. Open source needs maintenance. The technology market for new Enterprise Resource Planning (ERP) is drying up.

Supply Chain Planning Software 150

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

EazyStock

OCTOBER 10, 2018

Processing a large volume of information the main benefit of big data analytics. Variety – The different forms of data sources. Big data feeds insights to MDM, and MDM feeds big data with master data definitions. 4 Ways Big Data is Changing Inventory Management. Veracity – The uncertainty of data accuracy.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

Logility

NOVEMBER 18, 2021

Digital is definitely the new normal for most business functions as technological advances have enabled more efficient gathering and use of data to improve process management and enable better overall decision-making. For today’s sustainable supply chain, a digital supply chain platform is a must. . They manage different processes –

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Analytics Software Predictive Analytics Software 130

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Specifically, I will focus on the lack of clear market definitions of the terms control tower, cognitive computing, connected planning, and concurrent planning.

Supply Chain Planning Software 154

Supply Chain Planning Software Modeling Software Modeling Analytics Software 154

ThroughPut

MARCH 28, 2024

That’s definitely good news. Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. Artificial Intelligence in supply chain helps track products from harvest to distribution channels and manage inventories with greater accuracy. All for the good.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52