Supply Chain Shaman

JULY 23, 2023

I worked with an allergen manufacturer that had a seasonal product with order latency of 182 days. Let’s start with a definition of concurrency. I find that it is a frequently used term with many different definitions. As shown in Table 2, there are three commonly used definitions. There is no definitive answer.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 330

Supply Chain Shaman

FEBRUARY 16, 2024

Let’s Start With Clear Definitions My inbox is full. The market is flooded with references to AI, but few stop to give a definition. To combat the hype cycle to drive value, I think that we need to get clear on use cases and definitions. Before reading this post, consider reading my prior blog post, Don’t AI This.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 374

Supply Chain Shaman

MARCH 16, 2021

In our pandemic research, we interviewed thirty manufacturers. To gain insights, we interviewed Alexandros Skandalakis, Director of Manufacturing Capacity, reporting to operations/manufacturing globally within Philip Morris. We wanted to find a better way to design our network and optimize future manufacturing outcomes.

Manufacturing Procurement 200

Manufacturing Procurement Modeling Optimal Sourcing Supply Chain Planning Software 200

Supply Chain Shaman

JUNE 30, 2023

Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned. John’s company is a process-based manufacturer and Anne’s ERP solution is a better fit for configure to order which leads to limitations. Let me explain. What Is The Ring of Fire?

Supply Chain Planning Software 312

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Supply Chain Shaman

OCTOBER 31, 2022

As shown in Figure 1, less than 5% of manufacturing companies are innovators. There is no standard definition. I struggle to put traditional technologies like ERP, APS, or descriptive analytics under the digital transformation umbrella, but this is what I see. I started by stating a definition. Where Is Successful?

Cost Reduction Strategies 217

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 217

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals. logistics firms).

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

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. The current taxonomy (or frame/models) for the engines does not address the issues of the global multinational manufacturing company. There is no unifying data model; all items are treated equally, regardless of the flow.

Optimal Sourcing 299

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Supply Chain Shaman

NOVEMBER 20, 2020

Joe and I had an intense discussion on big data analytics and what he was learning by tracking his illness with his oncology team. We brainstormed on using images for port unloading lead times, crop yield projections, manufacturing quality, and corporate sustainability issues. I will miss our time together. I remember one call vividly.

Supply Chain Planning Software 350

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Supply Chain Shaman

NOVEMBER 15, 2023

When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions. PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. What do they have in common?

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

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. ” Today only 7% of manufacturers are innovators. Today’s definition of supply chain planning is my starting point.

Supply Chain Planning Software 308

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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

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Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Clarity on mission.

Inventory Reduction 389

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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). The secondary problem is the lack of definition of process requirements and a buying team that cannot see past simple MRP/MRP II/DDMRP requirements. What Is Visibility? What To Do? Close this gap.

Supply Chain Planning Software 321

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

Supply Chain Shaman

FEBRUARY 1, 2024

Definitions Before we move to the discussion of the actions to take, let’s get clear on some definitions. Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. Blackhole Automation. How does this happen?

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

Unleashed

FEBRUARY 12, 2024

Production costs: Costs directly related to manufacturing or producing inventory items, such as raw materials, labour, and manufacturing overhead, are not considered inventory carrying costs. These costs are part of the production process and are typically accounted for separately from inventory carrying costs.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Enterra Insights

MARCH 1, 2019

The BCG analysts explain, “Today, another workforce transformation is on the horizon as manufacturing experiences a fourth wave of technological advancement: the rise of new digital industrial technologies that are collectively known as Industry 4.0.” ”[2] Computers and digital manufacturing ushered in other Industry 4.0

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Analytics Software 100

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.” In both cases, there is a clear definition of “winning.” Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales.

Supply Chain Planning Software 217

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

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

MAY 26, 2023

Current Familiarity with Analytic Concepts (Fall 2022 Snapshot) Preamble Supply chain leaders love their rows and columns. Let’s start with a basic definition. Demand latency (the time from purchase by the customer to order visibility by the manufacturer) is weeks and months. The focus of the Gartner Magic Quadrant.)

Optimal Sourcing 337

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 337

Supply Chain Shaman

SEPTEMBER 30, 2022

Only 1/3 of manufacturing companies feel that they are equal to current disruptions. These definitions are shared in an earlier post.) The most successful investments with the highest satisfaction are manufacturing automation and descriptive analytics/data visualization. Familiarity with New Analytic Approaches.

Manufacturing Procurement 217

Manufacturing Procurement Supply Chain Software Buyer Training Analytics Software 217

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. The manufacturing-centric company is used to strangling suppliers and demanding terms.

Manufacturing Procurement 195

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Supply Chain Shaman

MARCH 12, 2019

The confusion starts when a supply chain leader states the need for improved visibility without a clear definition. The IT taxonomy for visibility is supply chain analytics. In 2004-2006, Greg Aimi (now a Gartner analyst) and I worked on a common definition of visibility for over a year. > Starting With the Basics.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

Supply Chain Planning Software 357

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Supply Chain Shaman

APRIL 18, 2023

Challenges Traditional definitions of supply chain excellence focus myopically on cost but are too slow in making decisions in inflationary periods. In the survey, 48% of companies were driving digital transformation, but the only element that improved performance was descriptive analytics. The answer is not digital transformation.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Supply Chain Game Changer

NOVEMBER 6, 2019

The right application of warehouse management analytics can enable significant growth for companies, forced to focus on smaller package sizes, not the pallets and cases of the past. Why Do Analytics Overwhelm Supply Chain Leaders? Analytics can be complicated. Benefits of Warehouse Management Analytics.

Analytics Software 60

Analytics Software Procurement Analytics Analytics Warehousing 60

Supply Chain Shaman

JUNE 23, 2020

Let’s celebrate that over the last two years, there were four significant acquisitions by traditional supply chain planning providers to deepen analytics capabilities: 07/2018 JDA purchases Blue Yonder (Purchase price confidential.). Over 40% of the manufacturing is outsourced, and we have not automated networks.

Supply Chain Design Software 283

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Supply Chain Shaman

SEPTEMBER 10, 2020

For years Campbells strove to grow the soup category only to lose share in the soup category due to limited manufacturing capacity for the Swanson’s brand. Today, the bellies of the airplanes are full, and the cost of air freight is too high for many manufacturers. Let’s start with some definitions: Planning.

Supply Chain Planning Software 395

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Supply Chain Shaman

MAY 1, 2023

The use of descriptive analytics along with agile planning techniques (what-if analysis, discrete event simulation, and network design) helped. Analytics investments are essential. We find that companies with an analytics center of excellence drove progress faster than those with a supply chain center of excellence.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

Supply Chain Shaman

MARCH 9, 2021

Team play requires clear rule-definition, timekeepers, referees, and coaches. The root issue is the lack of a clear definition of supply chain excellence and the road rules by organizations. ” My reply is a tangled web of realizations, but let’s start with the definition and then explore the issues. ” Ideo.

Supply Chain Design Software 216

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

Supply Chain Shaman

DECEMBER 11, 2018

Fuzzy definitions. Do you think that this definition could contain a few more references to digital?). There was a better definition by Michael Burkett in a later press release: “…an intelligent supply chain that makes decisions as it interacts across an ecosystem of digitally connected partners.”

Supply Chain Planning Software 195

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Supply Chain Shaman

SEPTEMBER 10, 2023

The continuation of the belief in the definition of today’s supply chain planning is a tangled web that we weave that is a bit of a mess. His position was that the research that I was writing was not being aggressive enough in the definition of global supply chain planning requirements. The year was 2004.

Supply Chain Planning Software 251

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 251

QAD

DECEMBER 15, 2021

We’re truly in a time of significant change when it comes to how we manufacture products. The digitization of manufacturing processes have transformed production speed, cost, safety, capabilities and all-around efficiency. . Let’s start with a definition. manufacturing revolution has built off the 3.0 Industry 4.0

Supply Chain Planning Software 52

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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 238

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 238

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Nevertheless, measuring supply chain performance is critical for a manufacturing concern.

Manufacturing Procurement 86

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 86

Supply Chain Shaman

JULY 25, 2021

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. Nvidia, PACCAR Inc, Ross Stores, Sleep Number, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur Sealy, TJX Companies, and Western Digital.

Procurement Analytics 370

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Supply Chain Movement

SEPTEMBER 28, 2017

Over recent months, big data analytics has started to creep into the supply chain media too. A recent survey of decision-makers around the world by consultancy firm Accenture reveals that the actual use of big data analytics in the supply chain is still relatively limited. Martijn Lofvers, CEO & Chief Trendwatcher.

Prescriptive Analytics Software 42

Prescriptive Analytics Software Predictive Analytics Analytics Software Analytics 42

Veridian Solutions

JULY 17, 2019

The right application of warehouse management analytics can enable significant growth for companies, forced to focus on smaller package sizes, not the pallets and cases of the past. Why Do Analytics Overwhelm Supply Chain Leaders? Analytics can be complicated. Benefits of Warehouse Management Analytics.

Analytics Software 58

Analytics Software Procurement Analytics Analytics Warehousing 58