Supply Chain Shaman

JULY 25, 2021

The potential for supply chain performance declined in each of these industries. In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. Less than 50% of the required data for supply chain planning comes from ERP. The reason?

Procurement Analytics 370

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

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. They can understand their supply chain operations with more precision. How does data analytics help supply chain optimization?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Zipline Logistics

FEBRUARY 9, 2021

Download the free white paper to learn more about how data can be used to reduce logistics spend while improving supply chain performance. It is critical to leverage transportation analytics to get the most out of your operation. Each provides insight into how your network is performing and where you can make a change.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

ThroughPut

DECEMBER 6, 2023

Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.” What Is Predictive Analytics for Supply Chain?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Supply Chain Shaman

JUNE 29, 2021

Each year, we compile a list of top-performing Supply Chains, termed the Supply Chains to Admire. What is the best supply chain technology? There is no correlation between types of technology—company or brand—and supply chain performance. Leaders put meaning into their strategies.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 369

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. What is Supply Chain Analytics? In the early 2000s, companies began embracing ERP systems to analyze supply chain performance.

Prescriptive Analytics Software 52

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

Talking Logistics

DECEMBER 5, 2017

The advent of transportation management systems (TMS) in the 1990s introduced near-infinite metrics and data points into the supply chain yet brought with it more questions than answers: How do we centralize the data? Now, that intelligence has arrived – and with it comes the next generation of supply chain management.

Prescriptive Analytics Software 105

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 105

Kinaxis

APRIL 10, 2015

by John Westerveld When things happen in supply chain, knowing sooner and acting faster can mean the difference between a major catastrophe and a minor hiccup in your supply chain performance. Is this kind of performance too good to believe? Supply chain performance like this is not out of your grasp.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 100

The Network Effect

MAY 15, 2015

Because of the end-to-end ubiquity of logistics in the supply chain, logistics service providers (LSPs) are in a unique position to provide these types of services. The post What role should logistics providers play in supply chain performance and benchmarking? appeared first on The Network Effect.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Design Software Benchmarking Logistics Network Optimization Software 100

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 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

Supply Chain Shaman

JULY 21, 2022

We aim to move companies from a cost-based agenda to drive value in their supply chains. The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. Why do we spend four months doing this?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Supply Chain Shaman

DECEMBER 28, 2020

A Hard Look at Corporate Performance. Strangely, in the last decade, while companies had the opportunity to use technology better, supply chain performance declined. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns.

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. The most important aspect to remember is that KPIs should align with your business strategy.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

DELMIA Quintiq

JUNE 21, 2021

In this new, connected world, the Warehouse of the Future is about achieving key operational metrics and exceeding customer service requirements more profitably while supporting sustainability goals. for location, humidity, temperature) that are interconnected across digital networks. billion in 2020 and is projected to reach USD $14.18

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 156

Supply Chain Shaman

MARCH 28, 2016

Historically, the traditional supply chain focused on improving costs. Today, more mature supply chain teams focus on delivering value. While companies want to improve supply chain performance and drive value, it is easier said than done. Supply Chain Organizations By The Numbers.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. The supply chain is a complex, non-linear system. In the setting of strategy goals, executive teams often set unrealistic goals because they are not aligned with supply chain potential.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

Veridian Solutions

AUGUST 5, 2019

Omnichannel supply chain analytics provide the level of insight needed to succeed in the omnichannel-driven world. Where Do Supply Chain Leaders Go Wrong with Omnichannel Supply Chain Analytics? The biggest problems with omnichannel analytics can be traced back to a simple issue.

Omnichannel 40

Omnichannel Analytics Software Analytics Supply Chain Strategy 40

Operations and Supply Chain Management

NOVEMBER 21, 2023

These solutions provide real-time visibility and data for all business functions involved in the supply chain lifecycle, enabling collaboration and more precise and realistic integrated business plans. Companies should leverage these capabilities to identify trends, forecast demand and optimize supply chain performance.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Supply Chain Planning Optimal Sourcing 40

QAD

JUNE 20, 2023

A well-functioning supply chain ensures that a company has the right materials, at the right time, in the right quantities, to meet customer demand. One area that is often overlooked is the impact that the plant floor can have on overall supply chain performance and success.

Optimal Sourcing 88

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 88

Supply Chain Shaman

JUNE 15, 2018

An avid student of supply chain performance, I have asked the question of What makes a “supply chain leader” for the last six years. Figure 1: Supply Chain Metrics Are a Balancing Act. The supply chain is a complex non-linear system. improvements. I was wrong.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Supply Chain Shaman

JUNE 7, 2021

Over the last decade, supply chain performance regressed. Currently, supply chain performance is a barrier to economic recovery. I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

SCMDOJO

JUNE 14, 2023

Supply chain visibility also allows you to make more informed decisions about your supply chain processes. With real-time data on your products, you can analyze your supply chain performance and identify areas for improvement.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Planning Software Supply Chain Planning Supply Chain Software 92

SCMDOJO

APRIL 29, 2024

In this comprehensive guide, we’ll explore the key components of supply chain management, best practices, and how they can be tailored to specific industries. We’ll also delve into the importance of technology and data analytics in optimizing supply chain operations.

Supply Chain Planning Software 54

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 54

Logility

MARCH 21, 2023

More importantly, better decisions can be made faster by replacing outdated spreadsheets and paper reports with in-the-moment, predictive data analytics delivered through the platform. Such conditions may include discounts for early payments, quantity thresholds, or regularly scheduled delivery.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Scenario Planning Supply Chain Planning 130

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. Supply Chain leaders will state in one breath that they want to be innovative and try new technologies; however, in the next sentence, they will ask for a statement of a definitive Return on Investment (ROI) for a project. Could new forms of analytics help?

Supply Chain Design Software 279

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 279

Supply Chain Shaman

JANUARY 8, 2014

” Supply Chain Leader. Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. How do you define the metrics that matter?

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. What is On Time in Full?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Tecsys

NOVEMBER 5, 2013

In my July post, I introduced the 'Hierarchy of Supply Chain Metrics', which is a framework of supply chain metrics conceived by Gartner, the world's leading information research and advisory company. The post The Hierarchy of Healthcare Supply Chain Metrics appeared first on Tecsys.

Metrics 40

Metrics Gartner Supply Chain Planning Supply Chain 40

Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? Why have we not improved our use of channel data in supply chain processes?” In the last decade, supply chain performance declined.

Supply Chain Design Software 195

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

The Logistics & Supply Chain Management Society

JULY 20, 2020

It helps the supply chain become compressed and tightly integrated through shortened life cycles, lead times and minimised operations’ cost. Supply chain leaders need to focus on three key areas to leverage the supply chain performance and to satisfy the demand in the market both during and after crisis.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. It’s not uncommon though, for companies to make the mistake of over-complicating their supply chain performance monitoring.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). Based on the analysis of supply chain improvement (as measured by the Supply Chain Index ) and supply chain performance, we ranked the supply chain leaders by industry.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

JANUARY 13, 2013

In the process, I discovered that the average process manufacturing company has reached a plateau in supply chain performance. I believe that we have reached a plateau and that supply chain performance is declining. A need for new forms of analytics to sense using structured and unstructured data.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 209

Intelligent Audit

NOVEMBER 19, 2020

While those factors remain absolute, it is possible to leverage business intelligence solutions, including big data analytics, to unlock added value within the supply chain. Data normalization to ensure data-driven insights are based on standards that can be scaled and used to increase supply chain performance and throughput.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Logistics Network Optimization Software Freight 52

Supply Chain Shaman

DECEMBER 7, 2022

In this Forbes article, I write about my insights from the Supply Chains to Admire Work , an annual assessment of balance sheet performance, and a hard look at supply chain performance. Investment in Descriptive Analytics. Analytics Deployment. The Journey. A Clear Strategy.

Inventory Reduction 54

Inventory Reduction Material Savings Supply Chain Strategy Price Mitigation Strategies 54

Supply Chain Shaman

MARCH 19, 2014

The rise in complexity happened faster than supply chain leaders could improve supply chain performance.) I am hearing it again in my interviews for the book Metrics That Matter. Yesterday, I published the report on Improving Supply Chain Resiliency. My question was, “What do I do now?”

Gartner 312

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 312

Supply Chain Shaman

MAY 19, 2016

In contrast, J&J that made the Gartner Top 25 list although they under performing on growth in both the pharmaceutical and medical device divisions, and they are not driving supply chain improvement (as measured by the Supply Chain Index ) faster than the peer group. Building Supply Chain Talent and Leadership.

Gartner 158

Gartner Pharmaceutical Predictive Analytics Modeling Software 158