Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Over the past two decades, organizations have become more insular and less willing or able to share meaningful data. We started the conversation with sourcing. Less Collaborative.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

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. Some suppliers of demand management software can also provide excellent forecast benchmarking for selected industries. forecasting product sales at 10,000 stores.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Enterra Insights

SEPTEMBER 15, 2022

Cooper adds, “Placing data and analytics at the center of a digital transformation strategy will allow businesses to take advantage of big data.” ” That’s an excellent question and one which a number of experts have tried to answer, including Bean and Gupta. ” Footnotes. [1] 2] Michael C.

Analytics Software 147

Analytics Software Sourcing Strategies Supply Chain Design Software Demand Planning Software 147

Supply Chain Shaman

FEBRUARY 16, 2024

The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align. Build customer narratives by mining disparate data and translating it into insights. Or mine supplier shifts to build alternate buying plans. Test and Learn.

Supply Chain Planning Software 378

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 378

Logility

DECEMBER 29, 2020

Thanks to the power of the cloud and advanced analytics, manufacturers can put data to work, gathering information from multiple data sources and taking advantage of machine learning models and visualization platforms to uncover new ways to streamline processes from sourcing to sales. The term of art is data warehousing.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

SCMDOJO

APRIL 4, 2023

Importance of Supply Chain Analytics Five Types of Supply Chain Analytics Benefits of Supply Chain Analytics Challenges in Implementing Supply Chain Analytics Supply Chain Analytics System Architecture Role of Big Data What is Supply Chain Analytics?

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Supply Chain Shaman

JUNE 14, 2014

Our current processes and dependencies on Excel spreadsheets cannot get us to our goal. E2open last week announced the purchase of Serus. This purchase increases E2open’s capabilities for visibility into the processes of the outsourced semiconductor network of foundries. Big data supply chains Bricks Matter'

Optimal Sourcing 284

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 284

Logility

DECEMBER 28, 2020

Thanks to the power of the cloud and advanced analytics, manufacturers can put data to work, gathering information from multiple data sources and taking advantage of machine learning models and visualization platforms to uncover new ways to streamline processes from sourcing to sales. The term of art is data warehousing.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Supply Chain Shaman

MARCH 12, 2019

This team was working on quality improvements and found that the flows crossed 117 disconnected documents in access, excel, and google analytics. These sources while functional are difficult to connect. In my experience, usually only 1/3 of data needed for visibility is transactional data. Embrace Disparate Data.

Prescriptive Analytics Software 175

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 175

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

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.

Supply Chain Software 52

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

Supply Chain Shaman

MARCH 3, 2018

On Wednesday morning, when I finished speaking at the Foundation for Strategic Sourcing in Fort Lauderdale, an executive from J&J pulled me aside and said, “Our strengths, are now our vulnerabilities.” ” A supply chain leader from GE at another conference said, “Yesterday, we called it big data.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

Supply Chain Shaman

MAY 2, 2016

Avoid buying software from a consulting company. Do not buy software based on partnerships. Open source needs maintenance. With the evolution of open source software, be sure that the solution that you are purchasing can be maintained and evolved over time. They are very different.

Supply Chain Planning Software 150

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

Supply Chain Shaman

FEBRUARY 16, 2016

Historically, supply chain processes were functional focused on make, source and deliver. Digital sourcing? The use of new network technologies to sense and manage supplier relationships to ensure ethical and reliable sourcing.) Digital path to purchase? Cross-Functional and Horizontal. Along the way, avoid hype.

Supply Chain Design Software 150

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

Enterra Insights

MARCH 13, 2018

” The staff at CIO Review agrees big data analytics has become a differentiator for businesses. “The deluge of data in the market — structured and unstructured — such as market trends or customer behavior and preferences has made big data the latest buzzword in business echelons. ” Summary.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Procurement Analytics 100

Supply Chain Shaman

JUNE 2, 2020

Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new. Use new forms of open-source analytics to continually mine the market data to answer the questions in the face of uncertainty. Navigating the World of Gray. Drive Insights.

Supply Chain Design Software 258

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 258

Supply Chain Shaman

SEPTEMBER 30, 2012

They excel in the four Ps of marketing. In contrast, a market-driven organization connects bidirectionally market-to-market to orchestrate the signals to shape demand and mitigate risk (buy-side to sell-side and back). We have built transactional buying relationships. Yes; someday it will happen, but not any time soon.

Supply Chain Design Software 286

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

Enterra Insights

SEPTEMBER 29, 2021

… Consumer purchases and decisions will increasingly be voice-driven and machine-augmented, with companies’ relationship with customers machine-to-machine, values-based and digital-first.” Wong and Steinberg report, “Change in consumer demand is accelerating. ” Second, climate change is having an impact.

Supply Chain Planning Software 130

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

Supply Chain Game Changer

JANUARY 21, 2021

Multiply that by an exponential global availability of data & information. Would you say that these factors equal a sum that is manageable with excel and homegrown solutions for supplier management? Source: PwC 2019. Source: Deloitte CPO Survey 2018. Where is that data? How do we want to see the data?

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

AIMMS

OCTOBER 22, 2019

The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from. It has helped us dynamically optimize our engineer sources as we go. We don’t need a a big data team to do this; just a few specialists.

Supply Chain Design Software 240

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 240

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?

Supply Chain Design Software 150

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

SCMDOJO

MAY 6, 2022

Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). No-code platforms allow for the creation of excellent applications and services by simply dragging and dropping components. However, Finance is now Fintech and Marketing is now Digital Marketing.

Supply Chain Design Software 109

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 109

Kinaxis

OCTOBER 25, 2017

Over the past few decades, companies have realized that the way they bring products to market – from sourcing parts and services, to manufacturing, to shipping, to distribution – isn’t just a practical necessity, but an avenue for competitive advantage.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 111

Arkieva

JUNE 21, 2016

Supply Chain Complexity 1 – Plan/Source/Make/Deliver/…. Demand Planning is still a big struggle in many, even mature companies. Getting to grips with clean data. How to ensure their buy-in? Many companies try to run their supply chains on Excel. In general, complexity is far too big for Excel to succeed.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Planning 64

Supply Chain Movement

JANUARY 11, 2016

Purchasing. Our focus for 2016 is: Transformation – Information technologies, understanding big data, and digital supply networks are pushing supply chain management to new levels of efficiency. Share experiences and hear success stories on leadership strategies, cultural excellence and talent development.

Supply Chain Design Software 60

Supply Chain Design Software Sourcing Strategies Supply Chain Strategy Supply Chain Design 60

AIMMS

OCTOBER 22, 2019

The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from. It has helped us dynamically optimize our engineer sources as we go. We don’t need a a big data team to do this; just a few specialists.

Supply Chain Design Software 156

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 156

Supply Chain Opz

AUGUST 2, 2018

In many organizations the challenge of multiple systems and disparate data sources is overcome through a combination of custom reporting tools, data warehouses and dashboards. 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

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. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

NC State SCRC

AUGUST 18, 2022

Initially, we expect to see many procurement applications of AI in spend analysis, accounts payable, and source to pay applications, but this will become more important as we observe AI applications in areas such as supply risk management, buyer-seller relationships (including email exchanges), and improved supply base management.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Infosys Supply Chain Management

NOVEMBER 1, 2011

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources. Product Categories. Banking Suite. Customer Service. Digital Commerce. Digital Marketing.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

Talking Logistics

DECEMBER 11, 2014

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services. Big Data and Analytics for Oil and Gas Transportation. For related commentary, see: Notable Quote: C.H.

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

Infosys Supply Chain Management

DECEMBER 18, 2012

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. First, consumers have clearly stepped-up their preferences towards online channels as the preferred buying option. Increases in online buying reflected double-digit growth rates.

Eliminating Excel in Purchasing 26

Eliminating Excel in Purchasing Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 26

Demand Solutions

MAY 25, 2020

Poor demand forecasting leads to businesses making purchases of products that they can’t move, or buying too little product and being unable to meet customer demand, potentially putting their business at risk. Companies with a lot of data and a need to understand the variables that affect customer demand will use this method.

Forecasting 100

Forecasting Forecasting Software Demand Planning Software Modeling 100

Infosys Supply Chain Management

NOVEMBER 29, 2011

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. A couple of other payment options, which were in vogue earlier and are now making a comeback due to the recession, are Layaway and Buy Now Pay Later (BNPL). Customer Service.

Eliminating Excel in Purchasing 22

Eliminating Excel in Purchasing Manufacturing Procurement Procurement Solutions Agile and Lean Supply Chain 22

Arkieva

JANUARY 6, 2017

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

ThroughPut

MARCH 25, 2024

Companies that excel in demand forecasting can optimize their supply chain operations, reduce costs, increase profitability, and stay ahead of competitors in meeting customer needs while ensuring long-term success and resilience. Competitive Advantage Ultimately, accurately forecasting demand is a key driver of competitive advantage.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

EC Sourcing Group

MARCH 6, 2019

As part of my weekly routine, I speak with many talented people in sourcing about their challenges. If you are patient and implement tools and system changes that make it easier for stakeholders and suppliers to do business with your group – excellent results are inevitable. Change can be hard, and resistance is to be expected.

Sourcing Strategies 45

Sourcing Strategies Sourcing Negotiating Skills Expense Reduction 45