Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. In conclusion, the mindset of an organization matters.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain Shaman

NOVEMBER 20, 2014

The word digital is everywhere in their presentations– digital path to purchase, digital agriculture, and digital manufacturing. This includes the automation of the list and driving demand before the store, driving demand in the store, mining the data from checkout and listening to sentiment post purchase. e-commerce.

Analytics Software 291

Analytics Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 291

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. Companies balance supply chain metrics better in good times than bad. Growth in car buying stimulated the value chain. 2) Focus on a balanced portfolio of metrics. Most are treading water.

Inventory Reduction 156

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

Supply Chain Shaman

JUNE 14, 2014

I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. Our current processes and dependencies on Excel spreadsheets cannot get us to our goal. E2open last week announced the purchase of Serus. I believe that value is what you create. 3) Risky Business?

Optimal Sourcing 283

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 283

SCMDOJO

FEBRUARY 20, 2023

This involves understanding customer buying behaviour trends, seasonal variations, production schedules, and more. These should be tailored to the business’s specific needs but often include metrics such as on-time delivery, order accuracy, cost of delivery, customer satisfaction levels, and operational efficiency.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Supply Chain Insights

JANUARY 18, 2018

Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. Supply chain excellence definitions evolve as companies explore the Art of the Possible. This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. Confluence of Technologies. Fines and penalties will increase.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

Supply Chain Shaman

APRIL 15, 2015

Buying these solutions is far more complicated than is represented in a simple four-box quadrant. In parallel, we now know that the Demantra solution purchased by Oracle lacks scalability and usability, but the perception is that it is well-integrated into the Oracle suite. In the absence of data, marketing perception wins.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Supply Chain Shaman

MARCH 29, 2015

E2open went public in July 2012 and in February 2015 participated in a private buy-out for $273M by Insight Venture Partners. Prior to the buy-out, E2open’s stock price was battered with a decline in the company’s shares by 74% over the last year. The initial public offering of 4,687,500 shares of its common stock at $15 per share.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Network Software Supply Chain Software 150

Supply Chain Shaman

JUNE 16, 2014

I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. I have also learned that you need a large data pool to derive the type of analysis that I want to publish. It takes more than one or two respondents from a company. (I

Supply Chain Design Software 286

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 286

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The data sets are larger and more complex. Disintermediation.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Supply Chain Shaman

MAY 2, 2016

With the rise in complexity, most Supply Chain Metrics That Matter are going backwards (inventory turns, ROIC, operating margin and growth). Avoid buying software from a consulting company. Do not buy software based on partnerships. Consulting and software are very different business models. They are very different.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. Metrics such as processing time, error rates, and customer satisfaction levels serve as performance indicators.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Unleashed

DECEMBER 6, 2021

Such information should include pricing (including quantity pricing and quantity discounts), purchase currency, margins, transaction histories, and key contact information. This is because it gathers customer order data from any channel and collects it into a single catalogue so you have clear visibility over sales.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Enterra Insights

FEBRUARY 1, 2021

Multiple factors are driving supply chain digitalization, including the growth of big data, artificial intelligence (AI), robotics and the Internet of Things (IoT). ” Those are excellent questions to consider before making investments in any technology. servomechanisms) and software (e.g., … My plea?

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Optimization 113

Enterra Insights

JUNE 24, 2022

.” • Real-time data : “Each time an employee scans a barcode, it immediately updates inventory and sales numbers in the company’s enterprise resource planning (ERP) or business management system. Barcodes play a central role in giving companies the visibility they need to control costs and provide an excellent customer experience.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

QAD

APRIL 8, 2021

Looking back a few decades, the information for decision making was based on a small set of fact tables that had to be nicely summarized and presented in a report (in those days Excel was a revolution!) Data Opportunities. There can be no better illustration of how data is indeed becoming the new gold. What is the lineage?

Data 83

Data Analytics Software Supply Chain Design Software Supply Chain Software 83

IQMS

NOVEMBER 29, 2018

Manufacturers who excel at orchestrating analytics, Business Intelligence (BI), quality management and real-time monitoring to improve manufacturing strategies are growing 10% faster than their peers. With the advanced analytics spending predicted to grow from $136B in 2016 to $232B in 2021 , attaining an 11.3%

Manufacturing Procurement 102

Manufacturing Procurement Procurement Analytics Trends Manufacturing 102

Supply Chain Shaman

FEBRUARY 16, 2016

Digital path to purchase? The automation of the moments of truth in the buying cycle to decrease demand latency and better sense shopper and consumer demand in real-time.) While consultants will come and talk to you about big data, and digital transformation, sidestep buzzwords. Digital sourcing?

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

Enterra Insights

AUGUST 19, 2020

It spans the purchase of raw materials to the final delivery of the merchandise to the customer, including the intermediate processing of the goods. Those questions are: Where does your supply chain need faster and more accurate data collection? Which data metrics are most relevant to your demand forecasting? ”[5].

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Analytics Software 100

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How easy is it to buy from your company? Bio-engineering? Customization?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Supply Chain Shaman

DECEMBER 13, 2015

We can connect through EDI, but a document has latency and limitations for unstructured data. Today, 7% of order and purchase order flows move through business networks. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

Supply Chain Insights

AUGUST 29, 2017

It matters not what your metric is, you get the same results: too much of our trade spend goes down the drain, doesn’t it? Demand signals include shopping trends, digital footprints of shopping online or looking at recipes, talking to their neighbors and friends on social media, buying habits, and consumption data.

Supply Chain Planning Software 95

Supply Chain Planning Software Forecasting Software Predictive Analytics Software Modeling Software 95

Supply Chain Game Changer

JUNE 2, 2020

Past leadership titles include Chief Procurement Officer at both Lucent Technologies and Micron Technologies, in addition to other leadership positions as Vice-President Supply Chain Management, Operational Excellence Executive, and Chief Strategy Officer. The details and magic of Excel analyses.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

6 River Systems

AUGUST 19, 2020

Quantifiable performance indicators were always considered key metrics by supply chain executives. With the technology available today, companies can track goods from raw materials to the final products, even after the purchase cycle is complete and the products are delivered to end consumers.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

Supply Chain View from the Field

OCTOBER 4, 2015

Other indicators included data pulled from the Federal Reserve economic database, the Producer Price Index, the Purchasing Managers Index, as well as internal metrics such as the size of the company’s own sales force. For example, do we have the information on when we are buying energy – during peak hours or not?

Procurement Analytics 60

Procurement Analytics Predictive Analytics Predictive Analytics Software Optimal Sourcing 60

Supply Chain Opz

AUGUST 2, 2018

While on the surface it is true to say that in most organizations inventory is a highly visible dimension of Supply Chain performance impacting company accounts and a key reportable metric of business performance. Foundational excellence in People, Process and Systems capability needs to underpin the deployment of the model.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Enterra Insights

SEPTEMBER 25, 2020

They no longer make a purchase decision based on price alone; instead, they look at the holistic experience a brand delivers, starting with marketing and ending with the product itself.” Treat people right, make their path to purchase easy and pleasurable, and they will become return customers. Move away from churn.

Procurement Analytics 190

Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing Analytics Software 190

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. A grounding in all of these areas and disciplines is excellent and mandatory for anyone looking to work in Supply Chain. Creating a High Performance Organization! Infographic).

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. The planning process should be automated, repeatable, and not dependent on Excel-based manipulation.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

Precoro

MARCH 30, 2022

A procurement strategy defines how purchasing decisions are made. Strategic procurement allows obtaining well-structured and relevant data, which is indispensable for prioritizing purchases and balancing the quality and price of goods or services. Green Purchasing.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

NC State SCRC

DECEMBER 30, 2018

We created a visualization platform to focus on internal operational, and customer-facing metrics, which is NOT part of R&D’s scope of work – so we not on your turf.” Our goal was not to move to “Excel on steroids” but rather we wanted some level of control. Be mindful of the program becoming another “Excel on steroids”.

Procurement Analytics 60

Procurement Analytics Analytics Software Predictive Analytics Analytics 60

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Purchasing Agent. Supply Chain Coordinator.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Supply Chain Shaman

AUGUST 3, 2016

Tight integration can pass data that has not been reviewed and finalized. Buying From the Same Vendor Improves Integration. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters. Large companies perpetuate this myth.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150

NC State SCRC

APRIL 20, 2016

.’ The kid’s name was Dan Bricklin and he joined with Bob Frankson to start a company called Visicorp that became Visicalc …and what he had just showed me was the first spreadsheet in the world, which eventually became the foundation for Excel, one of the most applied tools in the world.” I believe all technology commoditizes.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Purchasing Skills Analytics Software 40

6 River Systems

JUNE 29, 2020

Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.” “Excellent supply chain strategies provide ways to move ahead of the competition in an increasingly complex marketplace. ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

NC State SCRC

DECEMBER 28, 2015

In other words, many supply chain and purchasing solutions looks at historical transaction activity (what happened in the past and is captured in our ERP systems). This is a radical representation, as it requires thinking that the key performance metric in this case is agility and responsiveness to customer and technological change.

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

American Global Logistics

SEPTEMBER 26, 2023

Empower frontline staff to deliver excellent service and provide feedback. Revamp metrics to balance financial KPIs with customer satisfaction, retention, and lifetime value. It can only happen if it has strong, visible buy-in and advocacy from the CEO and other senior leaders. Tie incentives to customer-centric goals.

Procurement Analytics 52

Procurement Analytics Expense Reduction Cost Reduction Strategies Price Reduction 52