Supply Chain Shaman

MAY 12, 2025

Form and socialize your own hierarchy of metrics. Here is the metrics framework that I am using at present in my outside-in classes. For example, don’t focus on forecast error. Instead, analyze demand flow characteristics by demand stream to evaluate Forecast Value Added (FVA), forecastability, and bullwhip impact.

Modeling 221

Modeling Waste Reduction Supply Chain Planning Software Supply Chain Design Software 221

Logility

MARCH 14, 2023

It’s no longer considered magic because we now have advanced analytics systems that harness and organize massive amounts of disparate data and model that big data in ways that allow humans to be proactive and make informed decisions. How can big data lead to supply chain optimization?

Predictive Analytics 130

Predictive Analytics Predictive Analytics Software Analytics Software Big Data 130

Supply Chain Shaman

DECEMBER 10, 2014

If you miss reading the Shaman in the next few weeks and you want some new reading in the area of supply chain excellence, consider tucking my new book Metrics that Matter into your suitcase. Enjoy the holidays. Today, it is rolling off the presses, as I write, and it will ship from the Amazon warehouses on December 15th.

Supply Chain Network Software 312

Supply Chain Network Software Pharmaceutical Supply Chain Software Supply and Demand 312

Enterra Insights

NOVEMBER 17, 2015

“There is irony behind a discussion of the business value and metrics related to big data analytics, since a lot … Continued. The post Big Data Analytics Can Help Improve the Bottom Line appeared first on Enterra Solutions.

Big Data 100

Big Data Analytics Software Analytics Data 100

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. Metrics Alignment. As a result, they never look at metrics in isolation of each other, and try to build the overall potential of the system focusing on alignment and balance. They lack cohesion. I hope that this helps.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 330

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. We are currently doing research on the evolution of new forms of analytics in the hype cycle that many people refer to as Big Data , and we are completing our survey on digital manufacturing.

Manufacturing Procurement 345

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 345

synchrono

OCTOBER 16, 2017

Is enthusiasm for Big Data wavering? They also predicted that 80 to 100% of manufacturers will have implemented IIoT applications by then and already be reaping the benefits of data-driven insights into their operations. In this post, I’ll cover the three ways you can use Big Data to improve operational performance. #1

Big Data 104

Big Data Predictive Analytics Software Data Analytics Software 104

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Ask Traditional Questions, and Let Big Data Provide Answers. However, the fundamental problem remains. Increasing order efficiency.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Supply Chain Shaman

JULY 12, 2013

Supply chain centers of excellence help with metrics alignment, and product portfolio alignment, between finance and the supply chain team, and the supply chain team and marketing. Next week, I will be writing on my new book Metrics That Matter. The issues abound, but we cannot let the problems with execution blind us.

Supply Chain Design Software 322

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 322

Supply Chain Shaman

OCTOBER 16, 2023

A shift from functional metrics to a balanced scorecard. I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. The focus on functional metrics sub-optimizes balance sheet results. Funny, isn’t it?

S&OP 391

S&OP Supply and Demand Forecasting Supply Chain Design Software 391

ToolsGroup

MAY 8, 2025

Most S&OP efforts break down due to disconnected systems, siloed data, and a lack of cross-functional engagement. According to Gartner , early stages of S&OP maturity often lack formal processes, metrics, and cross-functional participation. This transparency improves confidence and accountability across the business.

Inventory Reduction 156

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

GlobalTranz

MAY 12, 2016

To survive in an increasingly complex, data-driven world, businesses must be ready to implement new “Big Data” solutions to ensure all data is aggregated, analyzed, and stored appropriately. Businesses are often left with questions about the origination of such data.

Metrics 120

Metrics Logistics Network Optimization Software Supply Chain Optimization Supply Chain Strategy 120

The Network Effect

JUNE 11, 2014

In part one I laid out the 5 stage maturity model that shows how organizations can turn their “big data” into “big visibility” The stages are 1) Representation; 2) Accessibility; 3) Intelligence; 4) Decision Management; 5) Outcome-Based Metrics and Performance. The Network Effect'

Supply Chain Design Software 194

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Design Prescriptive Analytics Software 194

Unleashed

FEBRUARY 20, 2020

For smaller businesses just starting out, they may not have adequate resources to capture this information — and managers may not know what metrics to look out for. In this article, we explore what big data is and its benefits for small businesses, from tracking sales trends to keeping an eye on competitors. What is big data?

Big Data 80

Big Data Data Inventory Management Software Supply Chain Software 80

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 211

Supply Chain Software Supply Chain Modeling Modeling Software 211

Supply Chain Shaman

JUNE 13, 2017

If the arrow is red, the industry is moving backwards on a metric. While we agree that each of these companies are leaders with significant contributions to the industry, we do not find these companies outperforming when compared against their peer groups on a balanced portfolio of metrics. If the arrow is green, progress was made.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 0

Bristlecone

MARCH 26, 2025

Today, organizations are increasingly empowering teams to harness the potential of AI, big data, and analytics to optimize daily operations and enable data-driven decision-making. interviews) with quantitative metrics (e.g., Artificial intelligence is revolutionizing supply chain operations at an unprecedented pace.

Supply Chain Network Software 85

Supply Chain Network Software Network Optimization Supply Chain Design Software Supply Chain Planning Software 85

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.

Supply Chain Design Software 319

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 319

GlobalTranz

MARCH 30, 2018

Reports, dashboarding tools, key performance indicators and metrics, created and analyzed via big data and analytics, can help managers stay aligned with enterprise-wide and customer needs, fulfill more orders, and avoid disruptions or repercussions from violations of regulatory measures.

Analytics Software 233

Analytics Software Supply Chain Design Software Optimization Software Demand Planning Software 233

GlobalTranz

OCTOBER 2, 2017

Last mile delays and problems during delivery can eat away at fuel costs and seriously devalue a brand, but shippers Fan leverage technology, such as Big Data, to make small changes and improvements to last mile logistics processes. Be Consumer-Centric. An effective last mile logistics strategy must be focused on consumer needs.

Inventory Reduction 500

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 500

Logility

MAY 7, 2020

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.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Logistics Viewpoints

NOVEMBER 14, 2022

As an in-memory solution, Nexus allows for Big Data to be accessed very quickly. The Nexus model can also provide the kind of data that digital twins that are based on a static planning model struggle to provide true lead times (and other supply chain throughput/cycle time metrics).

Agile and Lean Supply Chain 299

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 299

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. Reader’s note, the way to reach this chart is to first identify the average value for the metric for the period of 2010-2016.

Inventory Reduction 199

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 199

Logistics Viewpoints

MARCH 9, 2023

Big data is used to understand a customer’s propensity to buy, the tendency to return, conversion of clicks to orders, demand sensing signals, individualized promotions, etc. to provide very specific output (production, fulfillment, transportation plans by product/date, etc.).

Supply Chain Planning Software 288

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 288

GlobalTranz

DECEMBER 27, 2017

Download: The Impact of Big Data in the Supply Chain & Transportation Management Industry Webinar Replay, Transcript & Presentation. Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure? Share This: Read More. Share This: Read More. Share This: Read More.

Supply Chain Software 197

Supply Chain Software Supply Chain Optimization Optimal Sourcing Supply Chain Strategy 197

Supply Chain Shaman

JUNE 8, 2014

I now have a working manuscript for the entire book of Metrics That Matter. In preparation, we are finishing up research on supply chain planning excellence, big data and supply chain, supply chain talent, and digital manufacturing. Big Data Supply Chains. It appears SO barren from my window in seat 4D.

Supply Chain Planning 356

Supply Chain Planning Supply Chain Strategy Supply Chain Software San Diego 356

GlobalTranz

NOVEMBER 21, 2017

“Trust can be built through a closed-loop change management effort that is centered on performance metrics that accurately reflect the current state of the supply chain system.” Once these metrics are in place, it is easy to gauge the results against past processes. writes Melissa R. Bowers, Adam G. Petrie, and Mary C.

Analytics Software 237

Analytics Software Procurement Analytics Agile and Lean Supply Chain Modeling Software 237

Supply Chain Insights

JULY 9, 2013

Confused on which metrics matter and which industries have made the most progress over the course of the last decade? These include the lack of supply chain talent, the emerging opportunities with Big Data and new forms of analytics, and the evolution of Corporate Social Responsibility programs.

Supply Chain Design Software 191

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Strategy 191

GlobalTranz

DECEMBER 29, 2014

Warehouse Metrics to Track to Improve Profitability and Operations : Today’s warehouse managers often accrue massive amounts of performance data, but sometimes find they can apply little of it toward making productivity gains or customer service improvements. Download the Webinar Replay. Read the Full Post. Read the Full Post.

Logistics Network Optimization Software 321

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 321

Supply Chain Network

APRIL 5, 2018

Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs). And relative to emerging data sources of relevant Big Data on global supply chains, one very interesting new player is Spire Global.

Predictive Analytics 79

Predictive Analytics Predictive Analytics Software Analytics Software Big Data 79

Supply Chain Shaman

OCTOBER 11, 2023

We speak about the need to move from a functional understanding to a global, holistic capabilities, but the traditional supply chain leader defines bonus incentives and process performance goals based on functional metrics. Measurement. Organizations speak of the bullwhip, but don’t measure it or monitor the effects.

Supply Chain Planning Software 419

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 419

GlobalTranz

JULY 5, 2016

It was also evident that many folks wanted more information around KPIs and Metrics, as our top 5 included two posts from this sub-category. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. Businesses are often left with questions about the origination of such data.

Logistics Network Optimization Software 209

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 209

GlobalTranz

AUGUST 31, 2018

The emergence of cloud-based platforms and Big Data increases forecast accuracy, eliminates unnecessary stock, and achieves truly optimized slotting designs. Big Data can analyze picking performance and identify best practices to increase performance, effectively reducing the amount of on-hand inventory needed at any given time.

Supply Chain Design Software 149

Supply Chain Design Software Warehousing Analytics Software Forecasting Software 149

GlobalTranz

FEBRUARY 9, 2017

Big Data Accessibility Will Drive Innovation and Change. Take a moment to think about Big Data. It is a combination of numbers, statistics, progress reports and real-time data. You cannot realistically review every detail manually, so how Big Data is accessed and distributed will also change in 2017.

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Trends Logistics Network Optimization Software 120

Supply Chain Shaman

SEPTEMBER 4, 2017

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.

Supply Chain Planning Software 192

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 192

Talking Logistics

JULY 24, 2017

However, that blind spot is going away, thanks to advancements in technology (such as mobile devices, geolocation technologies, connected carrier networks, and big data) and significantly lower costs to deploy them. There are multiple sub-metrics that go into OTIF, but real-time freight visibility is definitely a component of it.”.

Real-time Visibility 0

Real-time Visibility Demand Planning Software Freight Supply and Demand 0

Supply Chain Shaman

JUNE 21, 2014

One of my favorite interviews on this topic, that I recently completed for my upcoming book Metrics That Matter , was with Amway’s Chief Supply Chain Officer George Calvert. Service level is our most important metric. Reliability in both of these metrics is critical. Our activities are broad.

Case Study 282

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