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. His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. What Is The Ring of Fire?

Supply Chain Planning Software 329

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 329

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 251

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 251

Supply Chain Shaman

DECEMBER 27, 2022

In the process, there is a fine line between marketing hype and overpromising, making buying difficult. It combines robotics, analytics, and the Internet of Things (IoT). For example, I am working with a client that has deployed Ariba from SAP, GT Nexus from Infor, Everstream, and Project 44. Who has the best approach?

Supply Chain Software 405

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 405

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 363

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 363

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

Data is a crucial component of digital transformation in the manufacturing sector. Many manufacturers aren’t maximizing the value from enriching data and missing out on opportunities to grow, optimize or manage risk. Here are 3 ways manufacturers can monetize data and increase efficiency: 1. Create new revenue models.

Manufacturing Procurement 105

Manufacturing Procurement Analytics Software Manufacturing Predictive Analytics Software 105

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. This week, I was at Informs Analytics Conference. For example, inflationary costs, lead time variability, conversion rates, etc.)

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

Supply Chain Shaman

MAY 26, 2023

Current Familiarity with Analytic Concepts (Fall 2022 Snapshot) Preamble Supply chain leaders love their rows and columns. Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Examples are product attributes, units of measure, selling units, and regional channel characteristics.

Optimal Sourcing 349

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 349

Logility

AUGUST 12, 2021

For example, shoppers had limited access to fresh produce, meats, and fish due to shortages and disruptions in logistics and delivery services. The key to creating an effective market-driven demand plan so that food manufacturers can build resilience is access to rich forecasts based on inputs from multiple sources.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Logistics Viewpoints

MARCH 9, 2023

Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

Supply Chain Shaman

AUGUST 20, 2023

For example, a good way to start the unlearning journey is by understanding why 93% of decisions during the pandemic were made on Excel spreadsheets. The focus of today’s architecture is on manufacturing. There is nothing in the conventional planning stack to help us improve aggregate buying or supply execution.)

Optimal Sourcing 322

Optimal Sourcing Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 322

Supply Chain Shaman

FEBRUARY 1, 2024

Let’s take a couple of examples: Retail Available to Promise (ATP). Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. In our research, we find that 32% of volume is manufactured by a third party.

Supply Chain Planning Software 347

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 347

Logility

DECEMBER 15, 2023

In this article, we will cover examples and key factors that push businesses to build that supply chain resilience they need. Excellence in all these areas requires predicting demand, buying supplies, producing products promptly, and swiftly responding to market demand.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Supply Chain Shaman

JUNE 23, 2020

I define supply chain excellence as year-over-year performance better than the peer group on this balanced scorecard. 06/2020 Kinaxis buys Rubikloud for 60M$. Manufacturers operate in a constrained environment, and the goal is the automation of the Theory of Constraints theory. They did it. The issue?

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

ThroughPut

NOVEMBER 28, 2023

Supply chain analytics combines powerful algorithms, data, and the latest technologies like Artificial Intelligence and Machine Learning to address the most elusive challenges in the supply chain right now – visibility and control. And that’s precisely what’s on the horizon for supply chain analytics.

Prescriptive Analytics Software 52

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

Logistics Viewpoints

MAY 16, 2022

SCCN solutions provide supply chain visibility and analytics across an extended supply chain. A company buys these solutions to optimize their business. Rich Sherman – a Senior Fellow in TCS’s Supply Chain Center of Excellence – points out that many companies are building control towers to better manage their supply chains.

Supply Chain Planning Software 211

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 211

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Supply Chain Shaman

FEBRUARY 18, 2021

Resist the temptation to place deeper analytics on top of existing data models. Out of desperation, they turned to the use of descriptive analytics. Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies.

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 292

Supply Chain Shaman

AUGUST 18, 2022

At the end of a long day of a strategy session on supply chain excellence with a client, I needed to fill up some time in an agenda. This large food manufacturer used a popular technology to forecast monthly using orders as an input. The strategy day owner was a global process center of excellence leader. The result? Background.

Supply and Demand 256

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 256

Supply Chain Shaman

NOVEMBER 21, 2022

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. Self-driving supply chains are an example. “ Reflection.

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 303

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

For example, companies can track products throughout the entire lifecycle with RFID and GPS sensors. Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

JULY 23, 2023

The order latency is the time from purchase by the end consumer to the visibility of the order. For example, when a product at retail is purchased, the shelf is replenished from backroom stock. I worked with an allergen manufacturer that had a seasonal product with order latency of 182 days.

Supply Chain Planning Software 343

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 343

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. Examples include Hadoop, Kafka, and Apache Spark. . Makes us wonder if we should even manufacturer products in traditional ways?

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 199

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. We have heard that there is a focus on near-shoring, reshoring, and local manufacturing.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 256

Logistics Viewpoints

SEPTEMBER 20, 2022

As a result, a wide range of businesses, from restaurants, and retail chains, to manufacturers, have been redesigning their business services and operations and re-engineering their supply chains. In this blog, I’ll try to shed more light on it with examples from our work with our customers. Emerging Themes for Supply Chain Planning.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Arkieva

JUNE 28, 2016

Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP. What is analytics? We might use “availability in Excel directly or with Add-ons” as an “age metric’.). The term analytics emerged over the last 10 years (Rose, R.

S&OP 63

S&OP Procurement Analytics Analytics Software Supply and Demand 63

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 243

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 243

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 231

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Drawings from Two Very Different Businesses Portraying the River of Demand.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Enterra Insights

OCTOBER 26, 2022

Keeping up with and making sense of all this data is far beyond the capabilities of traditional analytic methods. 5] They are: Supervised Learning : “Supervised learning requires a programmer or teacher who offers examples of which inputs line up with which outputs.”. The most important of these technologies is machine learning (ML).

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. We have heard that there is a focus on near-shoring, reshoring, and local manufacturing.

Supply Chain Design Software 130

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

Procurement Analytics 370

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

Supply Chain Shaman

NOVEMBER 15, 2023

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. For example, only 22% of medical device products complied with GS1 standards during the pandemic. The trade-offs of manufacturing and supply constraints are not visible today.

Supply Chain Planning Software 400

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 400

OptiProERP

JANUARY 29, 2020

It is typical to focus on what your manufacturing business is doing right. Intelligent cloud ERP software , with its platform capabilities of real-time visibility, analytics, and automation, enables the diagnosis and correction of exceptions that could have a detrimental effect on manufacturing production or business management processes.

Manufacturing Procurement 87

Manufacturing Procurement Analytics Software Optimal Sourcing Optimization Software 87

Supply Chain Shaman

MARCH 12, 2019

Examples include Enterprise Resource Planning (ERP), Warehouse Management (WMS_ or Advanced Planning (APS). The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues.

Prescriptive Analytics Software 177

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 177

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! My passion for Logistics and Supply Chain is founded from.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246