RFgen

MAY 3, 2017

However, the same technologies can also create management complexity and technological overhead that can limit innovation when data is not handled effectively. The problem, at least for many businesses, is that many companies think sustainability will create costs and inefficiencies that limit potential for innovation.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 52

RFgen

MAY 3, 2017

However, the same technologies can also create management complexity and technological overhead that can limit innovation when data is not handled effectively. The problem, at least for many businesses, is that many companies think sustainability will create costs and inefficiencies that limit potential for innovation.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 52

Elementum

FEBRUARY 7, 2024

Digital Process Optimization: Streamlining Business for Efficiency In the race to streamline operations and elevate efficiency, Digital Process Optimization (DPO) emerges as a critical strategy for businesses looking to innovate and scale. For instance, McKinsey & Co. For instance, McKinsey & Co.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Logistics Viewpoints

JULY 19, 2021

Svend Lassen, head of reporting & data analytics for commercial and supply chain at Tata Steel Europe, explained that there needs to be a clear understanding of how any digital project will improve margins before the project is approved. “We We don’t spend just to innovate,” Mr. Lassen said, “we need to create business value.”.

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

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. While companies need ERP as a system of record for transactional processing, it is not the future of supply chain analytics or innovation. 2) Focus on a balanced portfolio of metrics. Many fail.

Inventory Reduction 156

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

Supply Chain Shaman

JUNE 6, 2013

Take the General Mills and Kellogg example in figure 1. Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. Metrics Alignment. Leaders invest in new planning systems as part of an effort to drive business process innovation. There is no substitute for leadership.

Supply Chain Planning Software 279

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 279

Supply Chain Insights

JANUARY 18, 2018

This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. New approaches –using the confluence of new technologies along with innovation in analytics– will drive a more agile supply chain response. Examples include Bark Box, Dollar Shave Club, and Blue Apron. The reason?

Prescriptive Analytics Software 197

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

Supply Chain Shaman

JULY 9, 2013

We started with mining the data on supply chain financial ratios within industry groups. This research was the backbone of the Supply Chain Metrics that Matter series of reports. Instead, they have measured functional metrics or focused on projects. The Building of the Index. As we did this analysis, I was amazed.

Supply Chain Software 207

Supply Chain Software Supply Chain Modeling Modeling Software 207

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. For example, one business unit can run SAP, one Oracle, one Logility, and one OM Partners; and it will be OK. Reporting Structure. Form and Function of Inventory.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

Supply Chain Shaman

AUGUST 2, 2017

For example at J&J, the regional teams have the power while P&G is a very matrix’d organization. Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. The definition is different by company.

S&OP 152

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 152

QAD

JULY 29, 2021

Given, however, the increasing volume of data with greater variety (“Big Data”), we are reaching the limits of what us humans can effectively discover visually. It is impossible to visually monitor thousands of metrics and, because data used in analytics is increasingly real-time, those thousands of metrics change often.

Analytics Software 98

Analytics Software Predictive Analytics Analytics Predictive Analytics Software 98

Supply Chain Shaman

NOVEMBER 16, 2017

Yesterday, I spoke at the University of Tennessee Supply Chain Leaders Forum on innovation. The current efforts are improving functional metrics and traditional processes. As a result, there is very little time to focus on innovation. The singular focus on IT standardization and ERP migration hijacked supply chain innovation.

Supply Chain Design Software 130

Supply Chain Design Software Case Study Supply Chain Network Software Supply Chain Design 130

Unleashed

MARCH 24, 2024

Software for process automation and centralisation of data. Big data frameworks. Improved quality: Certain lean manufacturing tools help organisations improve their quality of output, for example through better maintenance of equipment, reducing errors and better quality control.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Supply Chain Shaman

JUNE 21, 2014

While innovation has slowed in Enterprise Resource Plannning (ERP) and Supply Chain Planning, I am bullish about some of the innovation coming from the supply chain network design technology providers like JDA, Llamasoft and Solvoyo. For example, we discovered that transportation and duties are 5x the expense of labor and overhead.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

Supply Chain Shaman

JUNE 29, 2015

In our research for the book Supply Chain Metrics That Matter , we find that this is the case for 90% of companies. Let us give you some examples. Over the last decade the average company has dramatically improved employee productivity, and driven reductions in cash-to-cash metrics. Figure 6: Big Data Infographic.

Supply Chain Design Software 150

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software S&OP 150

Supply Chain Shaman

MAY 2, 2016

We also see that manufacturing companies with a strong dependency on BPO are less agile and rate themselves lower on innovation. In parallel, the traditional software vendors are struggling with the Innovators Dilemma. The fast lane to innovation is with new start-ups. Software maintenance costs are rising for the CIO.

Supply Chain Planning Software 150

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

o9 Solutions

JANUARY 25, 2023

The DPP policy is built on the concept that ‘closing the loop’ for the flow of goods can only be achieved alongside available, granular data associated with different stages of a product’s lifecycle in the supply chain. For example, detailed information about the materials that make up a product is required to achieve efficient recycling.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Supply Chain Shaman

FEBRUARY 21, 2016

His belief is that there was less follow-on innovation from the third industrial revolution. For me it would enable the use of digital innovation to drive greater value in value networks. Let me give you some examples. Currently employees within companies hard-code master data. It is worth the read. They respond.

South Carolina 180

South Carolina Supply Chain Design Software Supply Chain Network Software Modeling Software 180

GlobalTranz

DECEMBER 17, 2015

INFOGRAPHIC] Optimize Manufacturing Operations with these 5 Golden Manufacturing Metrics. As the future boldly marches forward, we turn to our youth to carry the flag forward and take the reins of innovation firmly in their hands. The future of these industries is paved with innovation and technology. Digital Industry 4.0

Manufacturing 120

Manufacturing Supply Chain Software Optimization Software Logistics Network Optimization Software 120

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). ” As Freeman rightfully notes, the effective functioning of digital supply chains requires data and much of that data comes from outside the organization.

Supply Chain Planning Software 113

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

Logistics Bureau

OCTOBER 26, 2020

Meanwhile, Big Data analytics, AI, and machine learning can have a significant impact on supply chains. Such technology, for example, can help organisations identify the fastest, cheapest, and most sustainable shipping routes. As you begin to see results, you will need to evaluate them against your chosen metrics.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84

Enterra Insights

SEPTEMBER 28, 2020

” According to Nimrod Kaplan, CTO and Co-Founder at Water.io, consumer data might not be as abundant as people think. He explains, “Big data essentially has three sources: social data, machine data and transactional data. Social data is comprised of a consumer’s online behavior.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

QAD

APRIL 8, 2021

There can be no better illustration of how data is indeed becoming the new gold. The article obviously pointed to the potential infringement of privacy by sharing people’s health data. So the headline is also an illustration that in a world of big data, concerns about data privacy and security are increasingly becoming a hot topic.

Data 82

Data Analytics Software Supply Chain Design Software Supply Chain Software 82

Supply Chain Shaman

NOVEMBER 29, 2015

While the rest of the world was deep in a recession in 2008, and manufacturers were struggling with payroll decisions and layoffs, Hadoop innovation was in full swing. What if you could combine unstructured data with structured data in its natural state without moving data for forced integration. I am not a technical gal.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

MIT Supply Chain

APRIL 3, 2014

While reliable service and low prices are still important, these metrics have become prerequisites for commercial success. Now the differentiators are more strategic: benchmarking, innovation, and network modeling, for example. For example, improving fuel efficiency tends to reduce engine efficiency which leads to higher costs.

Negotiating Skills 105

Negotiating Skills Logistics Network Optimization Software Price Reduction Expense Reduction 105

IQMS

JULY 11, 2019

Source: Technology and Innovation for the Future of Production: Accelerating Value Creation (38 pp., PwC sees the integration of analytics, APIs and big data contributing to a 31% growth rate for connected factories in the next five years. Chief Data Scientist, Big Data Lab, Hitachi America Ltd. Date: Sept.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

o9 Solutions

NOVEMBER 10, 2022

In order to understand a company’s full impact, sustainability data about the value chain that lies beyond the organization’s boundaries has to be acquired as well. For example, supplier sustainability performance is an important criterion in sustainable sourcing decisions.

Supply Chain Planning Software 52

Supply Chain Planning Software Data Optimal Sourcing Procurement Analytics 52

IQMS

OCTOBER 18, 2019

The example below shows how a wide spectrum is being used to accomplish demand forecasting, and Lennox is using machine learning today. The following is an example of how machine learning is being used today to identify horizontal collaboration synergies between multiple shipper networks. no opt-in). 15th, 2017 (PDF., no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Logistics Bureau

OCTOBER 26, 2020

Meanwhile, Big Data analytics, AI, and machine learning can have a significant impact on supply chains. Such technology, for example, can help organisations identify the fastest, cheapest, and most sustainable shipping routes. As you begin to see results, you will need to evaluate them against your chosen metrics.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 52

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Let’s take some examples. We are in a spin cycle of digital innovation. The lack of progress is troubling. I swallowed and shook off my emotions.

Supply Chain Planning Software 154

Supply Chain Planning Software Modeling Software Modeling Analytics Software 154

Supply Chain Shaman

SEPTEMBER 17, 2015

He spoke on the use of global sentiment data to sense and improve customer experiences. He reflected on his emotions when his CEO threw down a Harvard Business Review article on Big Data and customer-centric sentiment/social information and asked Anthony how he was going to do it. Let’s take an example.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 150

Logility

JUNE 20, 2017

This is an urgent issue for corporations to address, since the gap stymies growth, dampens innovative ideas and programs, and limits problem solving on a day-to-day level. This means that supply chain needs the sharpest talent to fill all this demand and to operate as innovatively and optimally as possible. We have arrived!

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Planning Software Optimization Software Demand Planning Software 119

Enterra Insights

JUNE 17, 2022

Today, for the first time in history, more than half the planet’s population resides in cities, which are fast becoming innovation hubs and are developing quickly into smart cities. IoT technology has been used in cities for years, but people began to question what data was being collected, and to what ends.

Predictive Analytics Software 130

Predictive Analytics Software Supply Chain Network Software Analytics Software Supply Chain Planning Software 130

Talking Logistics

DECEMBER 20, 2017

I was wrong, for example, about obstructive sleep apnea becoming the new debate in trucking; the debate ended before it really started after the Federal Motor Carrier Safety Administration and Federal Railroad Administration withdrew their proposed rule to have rail workers and commercial motor vehicle drivers tested for obstructive sleep apnea.

Predictive Analytics Software 92

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 92

Unleashed

APRIL 27, 2022

67% of respondents said they were investing in the inclusion of environmental and social sustainability metrics as KPIs for their supply chain leaders. A simple example of the circular supply chain in action is using refillable containers for products, rather than single-use packaging 6.

Material Savings 96

Material Savings Waste Reduction Cost Reduction Strategies Resource Reduction 96

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? Converting big data to usable insights can only really be accomplished through a digital path to purchase and an infusion of that technology and intelligence into the trade promotion planning and execution processes.

Supply Chain Planning Software 95

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

American Global Logistics

SEPTEMBER 26, 2023

Amazon's relentless commitment to customer experience is another prominent example. This focus on innovation allows businesses to stay relevant, exciting, and top-of-mind. Nordstrom, for example, empowers its employees to exceed customer expectations. It also enables the launching of innovative services like 1-day shipping.

Procurement Analytics 52

Procurement Analytics Expense Reduction Cost Reduction Strategies Price Reduction 52