Remove Analytics Remove Demand Management Remove Manufacturing Remove Procurement
article thumbnail

Just Jump

Supply Chain Shaman

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.

article thumbnail

How AI is transforming manufacturing Part 2: Inventory management

SYSPRO Smarter ERP

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. With companies producing more and more products worldwide, the issue of keeping track of enormous amounts of parts and materials used in the manufacturing process has grown increasingly complex.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

My Take: Let’s Admit Seven Demand Management Mistakes of the Last Decade

Supply Chain Shaman

After two decades of process and technology refinement, excellence in demand management still eludes supply chain teams. Supply Chain Management (SCM) concepts are now thirty-years old. The first use of the term supply chain management in the commercial sector was in 1982. It requires a step for demand translation.

article thumbnail

Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. They are impatient that they know more about pizza’s status for lunch before their zoom meeting than the inbound shipment status for their critical manufacturing run. Reflection. The supply chain career is new.

article thumbnail

Fueling Success: Career in Supply Chain Guide

SCMDOJO

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Eight core competencies stand out, encompassing crucial aspects of SCM.

article thumbnail

What Value Are You Getting From Planning?

Supply Chain Shaman

Operations complexity coupled with the rise in demand volatility increases corporate risk. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Additionally t he move from regional to global supply chain management decreased visibility. Reference Figure 1.

article thumbnail

No Easter Bunny?

Supply Chain Shaman

Analytical innovation and digital transformation drove step-change capabilities within the office and marketing. The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. As a result, many companies are struggling. Leadership teams are uncomfortable.