This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Today, in supplychain planning, this could not be further from reality. In May 2025, one in seven home-purchase agreements fell through resulting in the cancellation of 56,000 purchase contracts. Supplychain was defined in 1982 as interoperability between source, make and deliver. The reason?
At the SupplyChain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a SupplyChains to Admire winner for four consecutive years. SupplyChains to Admire Methodology.
Supplychainexcellence is easier to say than to explain. Executive teams strive to drive improvement in supplychain results; yet, sadly, only four percent of public companies succeed. The supplychain is a complex non-linear system. Now, I view the company as a supplychain laggard.
This is a story for the Eds, Franks, and Toms working together in supplychains across the globe. It is also a story for a young supplychain manager attempting to make a difference, but feeling stymied. Efficient supplychains may not be the most effective. Need for SupplyChain Leadership.
Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Designed to lift the profession and celebrate supplychain results, I struggle to find that the methodology supports either objective.
Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.
I am a supplychain gal. I work with many organizations on their supplychain strategies. Let me give you an example: Last week, I gave a presentation at a global supplychain team meeting of 175 professionals. This team is not buying the message. “I study supplychains.
Today, the multi-tier capabilities for supplychain management are coming from the born-again marketplaces. While there is work within SAP to rethink SNC and use the assets purchased with Ariba to build multi-tier capabilities, the progress is not encouraging. Today, we know that these assumptions were incorrect.
Integrated Planning: Tight Coupling of Enterprise Resource Planning (ERP) to SupplyChain Planning (SCP). However, what is clear from our recent study of 73 manufacturers using supplychain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied.
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. However, you may wonder what kind of practices really work.
This was WBR’s first event in the United States targeted for the Medical Device SupplyChain Leader. Today, managing a medical device supplychain is tougher. This is why I think that the industry needs to get serious about supplychain management. This value chain needs a supplychain leader.
Global supplychains are built on three assumptions: rational government policy, availability of transportation resources, and low variability. Supplychain leaders have little history to use as a guide to prepare. Before the pandemic, supplychain leaders experienced relatively free trade across borders in 2017.
Today, nine out of ten supplychains are stuck. Despite two decades of advancement in supplychain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Market volatility is increasing and supplychains can respond, but they cannot sense.
Missed appointments, dock scheduling mix-ups, crowded yards with insufficient parking, dropped trailers — all have cascading effects up and down the supplychain. It’s an important initiative that will help integrate yards into the digital supplychain ecosystem, and we’re energized to contribute. The net result?
Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. By fostering these relationships, businesses can ensure stable supplychains, consistent quality, and even access to supplier innovations.
You’ll note in the headline I use the preposition “of” instead of “to” when describing the “journey of SupplyChainExcellence.” The key objective for the majority of companies I work with is to significantly improve their supplychain capabilities and performance.
Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Here are ten things to keep in mind in terms of the role that forecasting can have on supplychains: While not a cure all, forecasting does matter.
For AFFLINK's partners and affiliates navigating complex procurement environments, ESG integration reshapes how supplychains are built, evaluated, and optimized. Why ESG Matters to SupplyChain Management Modern supplychain strategies extend beyond efficiency and cost containment.
The visibility to spend allows them to provide excellentbenchmarking in several areas. Coupa also offers a robust, market share leading, supplychain design solution. The top Coupa executives, and the supplychain executives I have interacted with, are still working at Coupa. That has recently changed.
The client leaned across the table and asked, “Is a customer-centric supplychain strategy the same as a demand-driven supplychain strategy?” Drawing from the Whiteboard: Building Customer-Centric SupplyChain Strategies. Customer-Centric SupplyChain Processes. ” I smiled.
” Or, a casual comment of, “We cannot run our supplychains like we used to.” However, none of the three companies knew this before the benchmarking activity. In fact, I am surprised how few companies are knowledgeable on their own performance on supplychain ratios. ” I smiled.
We are pleased to continue our 2021 fire-side chat series with key people in the supplychain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global SupplyChain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility.
Next week is the annual SupplyChain Insights Global Summit , and summit preparation is on my agenda for the weekend. This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. This is a series of preparation calls. A heated debate ensued.
From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supplychain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supplychain optimization and demand planning.
Today, the management of the supplychain is harder. Supplychain management is more complex. Sometimes the changes within a supplychain are subtle, but have a large impact. Bonuses and incentives align with functions and are often counter productive to driving supplychainexcellence.
How Documentation Happens in Logistics Accurate documentation in logistics requires structured processes and reliable methods to capture, record, and transmit essential information at every stage of the supplychain. In the procurement phase, documentation begins with purchase orders and supplier contracts.
In this instalment of the series of articles written by the LSCMS Shippers Council, we strive to answer this and delve into the critical aspects of ocean transit time reliability and visibility within the supplychain. What is supplychain visibility and why it is important? 2022 ocean schedule reliability dropped to 30%.
Supplychain executives were under pressure to develop more efficient, customer-centric supplychains while finding innovative ways to reduce costs and enable growth. Explore Modern End-to-End SupplyChain for Real Business Growth. Explore Modern End-to-End SupplyChain for Real Business Growth.
When it comes to SupplyChain Analytics, an “Apps approach” can have just as many benefits. Gartner’s Noha Tohamy offered a great presentation about this at their recent SupplyChain Executive Conference. But what exactly is a SupplyChain Analytics app? Apps meet algorithms.
Risks in halal supplychains The halal integrity of a brand (and its products) is a function of its supplychain, where a breakage in halal integrity anywhere in a supplychain becomes a breakage of its halal integrity. On the other hand, halal risks in the entire supplychain are not on their radar screens.
While your company undoubtedly has sustainability on its supplychain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. How to Develop a Sustainable SupplyChain. But how do you get started on sustainable supplychain development?
When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” The supplychain is a complex system with increasing complexity.
Last week, I interviewed Robert Byrne, founder of Terra Technology on his demand planning benchmarking study. I enjoy creating the podcast series, and Rob’s findings in his benchmark study are always thought-provoking. As a result, managing the supplychain is more complex. Test and Learn. Need for Demand Sensing.
Well, I asked Steven Thacker, one of our benchmarking management experts, exactly that question! What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. Those levels are “benchmarks”. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.
Research confirms cross-functional collaboration and supplychain integration are challenging business goals that many companies deprioritize because the value is difficult to define. Decades spent pursuing cost savings within internal supplychain functions leaves little room for improvement at this point.
I was speaking to a client today about the vision for my new analyst firm SupplyChain Insights, and I quickly realized that I had assumed that the clients knew their role in this new model that we are building. Here at SupplyChain Insights, we are having fun. They don’t. I am sorry for not being clear. We never will be.
My takeaways from Gartner’s SupplyChain Executive Conference 2016. When it comes to SupplyChain Analytics, an “Apps approach” can have just as many benefits. Gartner’s Noha Tohamy offered a great presentation about this at their recent SupplyChain Executive Conference. Apps meet algorithms.
Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment. In recent years, businesses and consumers across the country have demonstrated that sustainability matters – both in terms of what they buy and how vendors are selected. In fact, 22% of U.S.
Modern platforms pull data from a wide array of sources: ERPs, relational databases, Excel files, cloud apps, third-party providers, and beyond. Compatibility with Other Tools Seamless integration with Power BI, Excel, and other applications for further data exploration in familiar environments.
Subscribe to SupplyChain Game Changer. The Digital SupplyChain Road is Full of Potholes, Construction and Accidents! Benchmarking. While it may seem simple, or mundane, benchmarking the digital solutions on the market should be the first step to any kind of digitalization. Subscribe Here! Email Address.
Tracking inventory flow and performance across your supplychain is a must. Supplychain managers use ATP to trigger reorders or adjust forecasts. Benchmark against your industry average for best insight. Getting it right is critical for profitability and supplychain stability.
As I whirl past the factories in the car, it makes me think about the adoption of supplychain planning. My Journey with SupplyChain Planning. My journey with supplychain planning started quite innocently. Through this work, I was noticed by a supplychain planning firm. ” I thought.
eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. eAuctions technology can reduce the cost of purchasing products and services by up to 20%. It’s time for the Auctioneer to take the stage!
Discover Ways to Boost SupplyChain Visibility through Digital Marketing Supplychain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supplychain visibility.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content