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

EC Sourcing Group

JUNE 28, 2022

Read on to learn more about tail spend examples, what tail spend is, how to manage tail spend, and how to optimize tail spend using analytics. Keep in mind that tail spend encompasses many purchases and definitions. There are no set definitions, but tail spend is: Based on spend threshold. What Is Tail Spend? Reduced risk.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Analytics Software Optimization Software 52

Supply Chain Shaman

MAY 26, 2023

Current Familiarity with Analytic Concepts (Fall 2022 Snapshot) Preamble Supply chain leaders love their rows and columns. Or a unified data model across source, make, and deliver for planning? Let’s start with a basic definition. The focus of the Gartner Magic Quadrant.) Why are semantics important? Why is this needed?

Optimal Sourcing 337

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 337

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

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

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

SEPTEMBER 30, 2022

The term is a spin-off of the “Big Data” work from the open source innovation of the last decade. This is even though the penguins are starving and the only food source is in the water. These definitions are shared in an earlier post.) Familiarity with New Analytic Approaches. What Is Digital Transformation?

Manufacturing Procurement 217

Manufacturing Procurement Supply Chain Software Buyer Training Analytics Software 217

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

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. There is a clear definition of the role of the supply chain in the delivery of value. Definition and alignment on why should make a decision and what a good decision looks like. Drives Value. Governance.

S&OP 321

S&OP Supply and Demand Forecasting Supply Chain Design Software 321

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

NOVEMBER 15, 2023

When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions. We can never have great discussions unless we are clear on definitions. Over the last decade, most of the focus in supply management was on indirect sourcing. The takeaway?

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

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

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. “ Wikipedia. These capabilities do not exist at Ford. So, you might ask, why?

Manufacturing Procurement 195

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

Enterra Insights

FEBRUARY 8, 2019

Business executives are always looking for a competitive edge and many have turned to advanced analytics to find that advantage. In the digital age, they often gamble their company’s future on the decisions they make, which is why advanced analytics have become table stakes in business. Descriptive analytics. ”[6].

Prescriptive Analytics Software 100

Prescriptive Analytics Software Big Data Analytics Software Predictive Analytics 100

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

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. Build in-market sourcing. The reason?

Supply Chain Planning Software 374

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

Locus

MARCH 30, 2023

Your business needs data that reflects on-ground reality to build cost-effective plans for the final mile, and the need for advanced supply chain analytics arises here! This led him towards advanced analytics to make optimal decisions in selecting and managing players. And the numbers prove it. trillion dollars.

Predictive Analytics 52

Predictive Analytics Analytics Software Optimal Sourcing Analytics 52

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 16, 2021

ARC’s definition is that a supply chain collaboration network is a “collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. Gartner calls this solution a Multi-enterprise Supply Chain Business Network.

Gartner 253

Gartner Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 253

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. Challenging the definition is uncomfortable in a surging market, and no consulting company leads the effort.

Optimal Sourcing 299

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

Supply Chain Shaman

MAY 18, 2019

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. The combination of cloud, cognitive computing and open source analytics is evolving.

S&OP 176

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

Supply Chain Shaman

SEPTEMBER 3, 2018

Let’s Start with Definitions: One of the difficulties in supply chain is the lack of common definitions. To help the reader, let’s start with definitions used in our research: Efficiency. Maturity in Analytics. It requires the building of an analytics framework. This is the goal of this post.

Supply Chain Planning Software 311

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

Enterra Insights

JANUARY 11, 2024

Burton and Vreeswijk clearly opt for the second definition of reset — future supply chains must be different than past supply chains. Sourcing decisions will be based more upon resilience, rather than merely minimizing costs. Mankins and Lori Sherer, “ Creating value through advanced analytics ,” Bain Brief, 11 February 2015.

Supply Chain Design Software 130

Supply Chain Design Software Optimal Sourcing Supply Chain Software Supply Chain Optimization 130

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. Trade-offs of commercial programs with source, make, and deliver to maximize value to the customer and improve margin.). Maturity Model.

Procurement Analytics 370

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

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.). Bring on new forms of analytics in a meaningful way… My Plea. The problem?

Supply Chain Design Software 283

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

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

NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

Supply Chain Shaman

NOVEMBER 11, 2020

The discipline, first defined in 1982, includes source, make, deliver, and planning functions. This is true even though we are not clear on the definition of next-generation processes. My overarching question centered on the vision and definition of a direct material solution. The supply chain career is new. Evolution is messy.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. In Table 1, to help the reader, we share the definition of the form and function of inventory. Definition of Form and Function of Inventory: Source Supply Chain Insights. As a result, obsolescence increased.

Supply Chain Planning Software 235

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

ivalua

FEBRUARY 4, 2020

When you think that many CPOs are looking to Supply Chain professionals in their organizations for data which will be used to make strategic decisions on AI, IOT, blockchain and contract automation, there is definitely a compelling reason to get this right. Source: 2019 Supply Chain Data Quality and Governance Study. But it’s not easy.

Data 130

Data Analytics Software Optimal Sourcing Supply Chain Software 130

Supply Chain View from the Field

JUNE 21, 2013

I had the opportunity to attend the CAO conference in Chicago this week where I sat on a panel discussing the topic “Creating an Analytics Culture.”. The session was kicked off by Tom Davenport, the recognized ‘guru’ of analytics who has written several books and many articles on the subject. Many versions of 1.0

Analytics Software 103

Analytics Software Big Data Analytics Conference 103

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

Enterra Insights

OCTOBER 1, 2019

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. The key point is to get clear on a definition for you.”

Supply Chain Transformation 100

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

ivalua

JUNE 6, 2022

Every year, the International Association for Data Quality Governance and Analytics (or IADQGA) runs their Data Quality and Governance study. The simplest definition of quality,” Joe Yacura said, “is whether or not the data meets your requirements.” This lack of training can be seen in common sourcing activities.

Optimal Sourcing 130

Optimal Sourcing Procurement Data Pharmaceutical 130

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

NOVEMBER 21, 2022

Definition of Confirmation Bias. So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 288