Enterra Insights
APRIL 21, 2021
Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. 1] The fourth revolution is being driven by data. .” They include: Inventory Optimization. The post Big Data, Analytics, and Industry 4.0
Intelligent Audit
OCTOBER 27, 2022
One solution is to turn to big shipping data. Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. That’s why it’s critical to have an audit partner who can ingest data across all systems.
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Supply Chain Shaman
SEPTEMBER 13, 2023
If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain. Which brings me back to Anna. She is a disbeliever.
Supply Chain Shaman
FEBRUARY 16, 2024
Instead of relying on focus groups, we could learn through clicks/streams/ratings and reviews and apply the learnings continuously to markets. Our processes to understand the market response to products are slow and cumbersome. What if we could intelligently design cross-channel and product portfolio testing and learning scenarios?
Supply Chain Shaman
APRIL 16, 2024
Often, the planning group has high employee turnover and low job satisfaction. Focus on improving operating margin, inventory turns, and revenue/employee simultaneously. The goal is to move the supply chain away from a functional cost-based agenda to focus on value (improving margin, inventory, and revenue/employee simultaneously).
Supply Chain Shaman
OCTOBER 29, 2014
Groupthink is a psychological phenomenon that occurs within a group of people in which there is a desire for harmony within the group, but the result is an irrational or dysfunctional outcome. I feel that the industry is engaged in ‘Group Think’ No one in this meetings is going to ask tough questions.
Kinaxis
AUGUST 18, 2014
I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. Philip Evans shares how today’s consumer is sharing a colossal amount of data to come to a buying decision.
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