Supply Chain Shaman

MARCH 21, 2024

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.

Inventory Reduction 376

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 376

Supply Chain Shaman

SEPTEMBER 28, 2022

As a result, companies are writing new case studies through their actions or inaction. In this volatile world, efficient procurement led by a CFO is not the answer. Make, source, and deliver need to be managed together based on analytics that sense and respond at the speed of business. These capabilities do not exist at Ford.

Manufacturing Procurement 195

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

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. In a recent study, roughly 1/3 of respondents were familiar or very familiar with the concepts of the Graph Approach. I term this our data jail. The focus of the Gartner Magic Quadrant.)

Optimal Sourcing 324

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 324

Logistics Bureau

DECEMBER 9, 2020

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. How Large Procurement Teams Operate.

Manufacturing Procurement 98

Manufacturing Procurement Pricing Training Procurement Analytics Purchasing Skills 98

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. When he speaks of the supply chain, he means procurement. Connect the Output of Supply Chain Planning Supply (planned orders) to Procurement Commodity Management.

Supply Chain Planning Software 375

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 375

ToolsGroup

SEPTEMBER 25, 2019

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. BOSTON, Mass. and HOUSTON, Tex. About ToolsGroup.

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Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

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. I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Baseline demand reflects market potential.)

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 267

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 Data Supply Chain Planning Software 195

Supply Chain Shaman

OCTOBER 13, 2022

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. Closed Loop. Redefinition of Supply Chain Execution.

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Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. If you already know what Kanban is and just want the case studies, scroll down! Table of Contents. What is Kanban?

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Inventory Management Software 98

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. ” Anna, this blog post is for you. Test, refine, and then drive improvements. Data Everywhere, Insights Are Few.

Supply and Demand 357

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 357

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 Chain View from the Field

AUGUST 24, 2015

Lenovo – Fraud Analytics – The team will work on building an estimate of the magnitude of service parts fraud which will include designing a process with prescribed data preparation, analytical models, and an alerting system that can be leveraged by a business analyst. You guessed it – ANALYTICS!

Procurement Analytics 60

Procurement Analytics Analytics Software Analytics Manufacturing Procurement 60

Supply Chain Shaman

JUNE 29, 2022

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. Industry leaders invest in analytics to better use outside-in signals. Does this solve the problem? Prepare for a slog.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

Supply Chain Opz

OCTOBER 3, 2013

Steve Jobs met Tim Cook In 1998, Steve Jobs invited Tim Cook for the interview while Cook was working as a procurement and supply chain leader at another company. He also reduced the manufacturing cycle time, from 4 months down to 2 months. Without a doubt, he got a very good analytical skill.

Case Study 268

Case Study Supply Chain Software Study Supply Chain 268

Supply Chain Shaman

FEBRUARY 14, 2022

Forty interviews and two quantitative studies helped me build the model in my mind. 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. Shifts in Thinking on Planning Processes When Embracing New Forms of Analytics.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Procurement? There has been transformation in the Procurement function over the past decade. A Paradigm Shift in the Procurement Function. The fundamental objective of any organisation is lowering the cost of goods manufactured. The Evolution of Procurement’s Value Proposition.

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Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 73

IQMS

JULY 11, 2019

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.” Industry leaders invest in analytics to better use outside-in signals. Does this solve the problem? Prepare for a slog.

Supply Chain Design Software 130

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

Supply Chain Shaman

APRIL 15, 2020

No doubt about it, we are characters in a supply chain case study searching to define a new normal. Today, we find ourselves in the middle of a risk management case study. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. This type of planning needs to be deployed by all consumer manufacturers.

Supply Chain Planning Software 414

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 414

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Maturity in Analytics. It requires the building of an analytics framework. What did we find? Network Design Analysis.

Supply Chain Planning Software 304

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 304

QAD

JULY 21, 2022

Exacerbated by the pandemic, global supply chain challenges have included manufacturing lockdowns, labor issues across all sectors, transportation challenges ranging from port backups to a lack of truck drivers, and rapid and sudden changes in consumer demand. Causes of the Bullwhip Effect. Complete Customer Management.

Price Reduction 96

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 96

ivalua

SEPTEMBER 24, 2020

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. Additionally, over half (55%) of UK businesses say that digital skills in procurement are less advanced compared to other departments. Challenges in hiring digital skills in procurement.

Buyer Training 32

Buyer Training Analytics Software Supply Chain Software Manufacturing Procurement 32

ThroughPut

OCTOBER 1, 2020

According to recent studies , in the absence of a solid digital supply chain infrastructure, manufacturers can expect up to 44% supply chain complexity and inefficiencies, which can create growth barriers. What is Digital Supply Chain in Manufacturing? The 5 Drivers of a Digital Supply Chain in Manufacturing.

Manufacturing Procurement 52

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

NC State SCRC

APRIL 2, 2023

A general definition in a 2019 study of procurement COE’s by CAPS Research involved bringing together experts to focus on a common set of activities, including business intelligence and analytics, technology, risk management, process redesign, e-sourcing, improved skills, P2P purchasing, and SRM, and category management.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

QAD

AUGUST 16, 2022

Unpredictability is undoubtedly the major issue manufacturers face when dealing with fragmented supply chains. As the supply chain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. So, how can manufacturers respond to these challenges?

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

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

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 188

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 188

Enterra Insights

APRIL 8, 2019

They need a general understanding of everything from procurement of raw materials to customer service. It was a kind of harmony between analytical and creative thinking.”[3] Supply chain management requires analytical thinking. Successful supply chain professionals are by nature, mostly analytical thinkers.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Optimization 100

Supply Chain Shaman

JUNE 6, 2013

In research study after study, we see that the greatest challenge to achieving supply chain excellence is the understanding of the supply chain by the leadership team. They are championing the building of sensing/learning supply chains based on new forms of analytics. Tactical Planning: This process is usually monthly.

Supply Chain Planning Software 277

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 277

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.

Optimal Sourcing 168

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 168

Requis

FEBRUARY 19, 2021

He is based in Germany, and, as a founding partner of the supply chain practice at McKinsey & Company , consults on a variety of supply chain-related business problems, including S&OP and advanced analytics. 25 years ago I finished my studies in mechanical engineering and my master’s thesis was on plant layout and logistics planning.

Predictive Analytics 52

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 52

ToolsGroup

OCTOBER 6, 2015

A recent Gartner study, conducted annually, sheds some light on what matters most to top executives in supply chain technology. Less mature companies focus IT investments on manufacturing, procurement and workforce management. They pursue analytics to help find hidden data. Demand variability matters.

Supply Chain Planning Software 120

Supply Chain Planning Software Gartner Supply Chain Software Supply Chain Strategy 120

Exiger Perspectives

JUNE 21, 2023

Award highlights Exiger’s AI solutions and their ability to drive supply chain visibility and operational resilience for advanced manufacturing customers. Within the initial six-week validation process, Exiger onboarded dozens of contract manufacturers, and today, over 40 Tier 1 fabricators have logged into SDX to validate their BOMs.

Supply Chain Planning Software 52

Supply Chain Planning Software Demand Planning Software Supply and Demand Supply Chain Software 52