Supply Chain Shaman

SEPTEMBER 22, 2021

Executing an event in the middle of the Covid-19 pandemic is challenging. 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.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

ThroughPut

AUGUST 4, 2020

What is Supply Chain Analytics? Supply Chain Analytics aims at enhancing the manufacturing operational efficiency and overall operational effectiveness by enabling informed data-driven decisions across the factory floor. Value Delivered by Supply Chain Analytics. Supply Chain Analytics- Opportunities.

Manufacturing Procurement 52

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

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

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Silvon Software

AUGUST 8, 2022

Supply chain challenges stemming from the pandemic and other global events continue to plague manufacturing and distribution companies. To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

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 problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. The event is designed to keep energy high. What Is Visibility?

Supply Chain Planning Software 321

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

Logistics Viewpoints

FEBRUARY 14, 2024

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Other critical functions include order management, manufacturing, and product development. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM).

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

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

Supply Chain Shaman

SEPTEMBER 28, 2022

Based on the current issues with material shortages, labor issues, electrical costs and outages, weather events, and water availability, I forecast an equal level of disruption for the next three years. In this volatile world, efficient procurement led by a CFO is not the answer. Business continuity is the overarching issue.

Manufacturing Procurement 195

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

Enterra Insights

JULY 22, 2020

That’s why spending on supply chain advanced analytics is on the rise. Analysts from River Logic write, “The importance of supply chain analytics is demonstrated by predictions that the market will grow at a CAGR of 17.3% Cognitive technologies and predictive analytics. Business has always been a numbers game.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 100

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

Prescriptive Analytics Software 193

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 193

RFgen

MAY 16, 2023

The role of data analytics in optimizing inventory management processes has become increasingly important. Analytics help organizations make smarter decisions, reduce costs, and improve customer satisfaction. But your analytics is only as good as the underlying data. That’s why most inventory handlers leverage data.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

Supply Chain Matters

MARCH 15, 2023

Supply Chain Matters highlights the upcoming MIT Center for Transportation and Logistics Crossroads 2023 event, along with the opportunity to attend in person at a discounted rate. ” This year’s event will again be held in-person, on the campus. Crossroads event registration site can be accessed at this registration web link.

Massachusetts 52

Massachusetts Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy 52

Oracle SCM

MARCH 3, 2020

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. The new procurement professional needs a broad set of skills.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Analytics Negotiating Skills Procurement Solutions 78

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 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Supply Chain Shaman

JUNE 1, 2022

Ironically, analytics capabilities increased greatly, while organizational capabilities precipitously declined. The industry is rife with event companies that place the speakers on stage to tell their story, but no one asks the question, “Based on results, is this a supply chain leader?” The Need for Collaboration.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195

Synovos

FEBRUARY 21, 2023

As stated in “Operating Without Borders – Building Global Resilient Supply Chains” , a report from the manufacturers’ association Make UK, “Supply chain resilience is currently top of the agenda for policy makers, government, and business leaders alike. However, near shoring provides only a partial solution. “The

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Software Inventory Management Software Agile and Lean Supply Chain 52

Logistics Viewpoints

OCTOBER 10, 2022

This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year. in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

Supply Chain Movement

JANUARY 6, 2016

Did not have or make enough time to attend any events this past year? Supply Chain Movement helps you along with an overview of the most important European supply chain events in 2016. Supply Chain Movement helps you along with an overview of the most important European supply chain events in 2016. Quadimension Events.

Pharmaceutical 60

Pharmaceutical Manufacturing Procurement Gartner Optimal Sourcing 60

SCMDOJO

NOVEMBER 8, 2022

2) Supply Chain Analytics | 22k Subscribers. The Supply Chain Analytics Channel is funded by the Ministry of HRD government of India as part of its National Program on Technology Enhanced Learning (NPTEL). The Supply Chain Analytics Channel is highly detailed and will always be recommended for years to come. Subscribers.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 120

Logistics Viewpoints

OCTOBER 19, 2023

Events and disruptions are par for the course in supply chain, so we need tactics to kick in for problem resolution. Supply chain leaders from planning to procurement to logistics face labor shortages and cost concerns, so they want to reduce workforce time spent on manual activities.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chains Rock

MAY 9, 2012

Analytics Powering the Next Evolution of the Supply Chain. The chart, pasted below, focuses on how IBM is using analytics to not only optimize the supply chain, but to actually predict how issues in the world will impact operations. Analytics has got huge scope to get integrated in supply chain in terms of analysing spend data.

Predictive Analytics 174

Predictive Analytics Analytics Supply Chain Optimization Supply Chain 174

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. In one of the case studies, a manufacturer reported that they had 1700 employees with the term “data” in their title, but they lacked insights. This is despite the deployment of ERP, descriptive analytics, APS, SRM, and teams of data scientists working on their data lakes.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Procurement Academy

OCTOBER 18, 2023

NXP Semiconductors (NXP) , is a global designer and manufacturer headquartered in The Netherlands. The challenge Following the appointment of NXP’s Chief Procurement Officer, Jeff Wincel , a new global strategy was implemented that included a pillar dedicated to ‘people and success’. 93% felt the training was relevant to their jobs.

Case Study 52

Case Study Negotiating Skills Study Buyer Training 52

Logistics Viewpoints

SEPTEMBER 28, 2021

The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. In light of all of this, I’d posit we can no longer look at the events of the last year as an aberration. The impact?

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Manufacturing equipment lead times were 19 months. Focus on Cost. A Decline in Innovation. Less Collaborative.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Logistics Viewpoints

FEBRUARY 8, 2022

This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever. To compete with Amazon, most retailers and manufacturers have had to dramatically shorten their own delivery windows. Navigating an Increasingly Challenging Logistics Landscape.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

Supply Chain View from the Field

DECEMBER 23, 2014

A spend analysis was often viewed as a one-time annual event to derive budgeting estimates, and develop insights into annual contract negotiations. Purchased goods and materials are often more than 40% of the total cost of goods sold in healthcare and manufacturing sectors.

Negotiating Skills 135

Negotiating Skills Purchasing Skills Procurement Analytics Analytics Software 135

Enterra Insights

APRIL 6, 2021

That’s where forecasting and predictive analytics come into play. Predictive analytics involve techniques like data mining and machine learning to predict future trends from past and current data. You might be asking yourself: What is the difference between traditional forecasting and predictive analytics?

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Manufacturing equipment lead times were 19 months. Focus on Cost. A Decline in Innovation. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. Analytics Techniques for Supply Chain 2030. I was wrong.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

Enterra Insights

OCTOBER 26, 2023

She explains, “Today’s supply chain management companies live in a fortunate time where they can collect real-time updates on current events courtesy of the Internet and other technologies. As Davis notes, “Risk-resilient supply chains integrate design, planning, manufacturing, logistics, maintenance, and service.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Precoro

JULY 16, 2023

Delays in supply deliveries, on the other hand, can lead to downtime at the manufacturing step and cause setbacks in meeting final customer expectations. Emergency Purchase Rate This KPI helps purchasing managers measure how successful they are at handling unforeseen procurement needs.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Procurement 40