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No Time Like the Present

Supply Chain Shaman

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.” The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. A focus on functional metrics throws the supply chain out of balance.

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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. In our monthly webinar last Wednesday, I presented these results.

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Asking the Right Questions Is The First Step To Drive Supply Chain Excellence

Supply Chain Shaman

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). At the end of the presentation, I ask the audience for questions. The reason? We Give to You.

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Tackling the Unknown: Trying to Figure Out New Forms of Analytics

Supply Chain Shaman

The new world of supply chain analytics is my current research project. There is a great need for improved supply chain analytics. The first generation of supply chain analytics were an extension of solutions with three letter acronymns–ERP, CRM, SRM, SCE, and APS. Evolution of Supply Chain Analytics Architectures.

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Freight Analytics That Will Enhance Productivity

GlobalTranz

Freight analytics refers to a set of algorithms that meticulously comb through the mountain of freight data to unlock its potential. Recent research indicates the freight metrics and analytics market will swell to more than $27.4 billion by 2024, presenting new opportunities.read More.

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How Do You Turn Supply Chain Data Into Actionable Information?

Logility

You’re committed to rolling out an analytics platform across your supply chain and you have tons of data. There is a continuum in terms of the presentation of data that allows for continuous sophistication in understanding and interpreting data. An analytics platform for the supply chain also allows for benchmarking.