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Turning Supply Chain Data into Business Intelligence

3PL Insights

Big data is only useful if you understand the metrics and can connect them to the important areas of your business. But how do we turn inventory management data and other key metrics into business intelligence? Account Activity Data. Account Activity Data. Please take this 4-minute survey.

Data 98
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Conquering the Explosion of Supply Chain Planning Data

Logility

Figure 1: Demystifying Data Units. Embracing big data brings the promise of reduced costs, improved customer service, reduced risk and the ability to capture new opportunities. However, capturing the data you need is just the start of the journey. Figure 2: Results Achieved Using Big Data Analytics.

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Mining Supply Chain Data for Insights

Supply Chain Shaman

Over the course of the last quarter, with the help from Cloudera, we built a data lake of with data from 1449 public companies. We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data.

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Throwing Down the Gauntlet

Supply Chain Shaman

I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012.

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Announcing the Supply Chains to Admire 2017 Award Winners

Supply Chain Shaman

If the arrow is red, the industry is moving backwards on a metric. The industry made progress on revenue/employee, but struggled on growth, margin, inventory turns. Companies, based on culture, tend to focus on singular metrics. If the arrow is green, progress was made. Is this because this value chain is a laggard?

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Themes from the 2018 SCM World Leaders Forum

Kinaxis

Thick data” vs big data, the power of the supply chain profession, and cybersecurity. Complement big data with “thick data”. Instead, she suggested they should complement it with “thick data”. If big data is about numbers and analysis, thick data is about bringing human intuition into decision-making.

SCM 100
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How Can I Move Forward if I Cannot Align?

Supply Chain Shaman

Focus the organization on understanding the “probability and patterns of demand” and how to design push/pull decoupling points, supplier networks and inventory buffers to improve agility (focusing on form and function of inventory in the supply chain). Next week, I will be writing on my new book Metrics That Matter.