Remove Analytics Remove Eliminating Excel in Purchasing Remove Sourcing Remove Supply Chain Software
article thumbnail

Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

article thumbnail

Why Procurement Management Tool is a Must for Efficient Purchasing

Precoro

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Making Supply Chain Planning Agile With Modular Planning Technologies

Logistics Viewpoints

“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supply chain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Emerging Themes for Supply Chain Planning.

article thumbnail

What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

Supply management. Supply chain management. Supply chain planning. The lack of interoperability between decision support platforms is a problem for companies attempting to improve decisions from the channel to supplier bi-directionally through technology. Are these terms the same? The answer is no.

article thumbnail

The Fallacy of the Self-driving Supply Chain

Supply Chain Shaman

”) So, I sat across from a stranger on a cold winter night, the only thing that we had in common was our experience in supply chain planning. . And won’t the supply chain follow suit?” I thought back to the press releases I wrote at prior technology companies, which only had a glimmer of truth.

article thumbnail

Navigating the Future: How Advanced Supply Chain Analytics is Transforming the Industry

ThroughPut

For supply chains, COVID-19 marked the beginning of a challenging era. Even as the immediate pandemic effects stabilized, new challenges like supply shortages, port congestions, and natural calamities emerged. is advanced supply chain analytics. is advanced supply chain analytics.

article thumbnail

Lifting The Gray Curtain

Supply Chain Shaman

Recently, I hosted the Supply Chain Insights Global Summit. In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. Top Challenges in the Adoption of New Forms of Analytics.