Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. 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. I write this post as a guide. Drives Value.

S&OP 334

S&OP Supply and Demand Forecasting Supply Chain Design Software 334

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

Supply Chain Movement

JULY 11, 2014

On 12 May 2014 IMD organized a one-day open event in Lausanne that analyzed big data and its impact on value chains. Several experts with different backgrounds shared their views on the latest trends at the intersection of big data and value chains. When did big data start being part of our life?

Big Data 84

Big Data Data Price Reduction Sourcing Strategies 84

Supply Chain Collaborator

SEPTEMBER 21, 2015

The potential to capture significant competitive advantage with Big Data strategies is phenomenal. But, before you get too excited about applying big data to supply chain logistics management, make a sober assessment of your organization’s readiness to leverage this amazing new capability. The post Big Data?

Big Data 60

Big Data Optimization Software Analytics Software Data 60

OptiProERP

NOVEMBER 3, 2022

Some standard digital technologies are cloud computing, the Internet of Things (IoT), machine learning, Artificial Intelligence (AI), mobile, and Big Data. Forty-two percent of SMBs consider digital transformation a central part of their organizational strategy. Developing an Effective Digital Transformation Strategy.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

ThroughPut

MARCH 24, 2024

Demand planning and forecasting in the traditional sense relied heavily on a combination of limited and biased data and gut instinct. Delayed delivery of performance metrics and consumer behavior sets off a chain reaction of excess, wastage, and loss of profits. Excess inventories lead to excess wastage.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. Creating a new supply chain strategy can be complicated, if not daunting. Before diving into making your strategy, take a deep breath and consider your objectives. A strategy is bound to fail if you can’t define success. Analyze data. Don’t worry.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Enterra Insights

JUNE 17, 2019

William Schmarzo ( @schmarzo ), CTO of IoT and Analytics at Hitachi Vantara, explains he like the definition of data science found in the book Moneyball : “Data Science is about identifying those variables and metrics that might be better predictors of performance.” The perfect data science team!”

Big Data 100

Big Data Data Modeling Software Resource Reduction 100

Logility

NOVEMBER 30, 2020

There is a growing awareness within senior executives that transforming supply chain capabilities to take advantage of the emerging areas of “Big Data,” “Artificial Intelligence,” “Advanced Analytics” and “Cloud Computing” provides a competitive advantage and reduces risk due to disruptions.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 179

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

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. In the setting of strategy goals, executive teams often set unrealistic goals because they are not aligned with supply chain potential. The front office and back office strategies are not aligned.

Inventory Reduction 157

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 157

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. To drive maximize the value of planning, organizations need to be aligned against an operating strategy. The book is a story.

Supply Chain Planning Software 313

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 313

Arena Solutions

APRIL 4, 2023

IIoT is the connection of distinct devices within an existing internet infrastructure making it possible for manufacturers to make knowledgeable, strategic decisions using real-time data to improve cost reduction, efficiency, safety, product innovation, and more. Big data The use of big data is increasing in manufacturing.

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

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 Game Changer

NOVEMBER 11, 2018

What is your Strategy? Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Check out Last Mile Delivery!

Inventory Reduction 43

Inventory Reduction Cost Reduction Strategies Supply Chain Strategy Strategy 43

GlobalTranz

OCTOBER 4, 2017

An effective TMS should also be imbued with metrics and analytics to measure performance and ability to meet consumer demands, including boosting labor productivity in warehouses, reports CHAINalytics.com. Last Mile Technology Includes Big Data and Data Analytics. Another technology that seems to be forgotten is big data.

Analytics Software 120

Analytics Software Demand Planning Software Optimization Software Logistics Network Optimization Software 120

Supply Chain Shaman

JULY 12, 2013

1) Define a Supply Chain Strategy and focus on Agility and Orchestration. Focus on improving corporate performance—profitability, cycles, revenue growth, customer service and forecast accuracy—against the supply chain strategy. Next week, I will be writing on my new book Metrics That Matter. What Do We Do About It?

Supply Chain Design Software 266

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 266

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. Share This: Read More.

Supply Chain Software 151

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain Strategy 151

Supply Chain Shaman

JUNE 14, 2014

I want to be part of the evolution that helps leaders to redefine strategies based on the changing physics, electronics and capabilities in value networks. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. Big data supply chains Bricks Matter'

Optimal Sourcing 286

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 286

Supply Chain Shaman

JANUARY 31, 2022

As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Over the past two decades, organizations have become more insular and less willing or able to share meaningful data. He genuinely cared for the organization and prided himself on forging clever strategies. Focus on Cost.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Enterra Insights

JULY 18, 2023

” Private Sector : “Develop water resilient business strategies. Harness the power of technology, including AI and big data, to identify new water growth opportunities. ” Financial Institutions : “Engage with clients or investee companies on water risk and resilience strategies.

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

Supply Chain Game Changer

SEPTEMBER 10, 2019

Blockchain, Artificial Intelligence, Drones and Autonomous Vehicles, Virtual Reality and Augmented Reality, Big Data and more. The first place you should look to determine where your focus has to be is your metrics dashboard, your KPIs. What is Your Strategy? © Copyright Mortson Enterprises Inc. All Rights Reserved.

Resource Reduction 51

Resource Reduction Cost Reduction Strategies Inventory Reduction Forecasting Software 51

Enterra Insights

AUGUST 20, 2019

era is to find the box, open it, and leverage the data it contains. Big data and manufacturing. Megan Ray Nichols ( @nicholsrmegan ) notes, “In manufacturing, even without modern data systems, you need to be aware of vast quantities of information. .” Big data turns all that on its head.

Supply Chain Design Software 100

Supply Chain Design Software Analytics Software Optimization Software Demand Planning Software 100

Talking Logistics

AUGUST 13, 2018

The second question we get is what strategies can we implement to lower our transportation costs. Big data drives everything,” Michael says. I asked Michael about the impact omnichannel fulfillment is having on transportation strategies. “A Because of this, I asked Michael what key questions his customers were asking him.

Negotiating Skills 103

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 103

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 173

Analytics Software Procurement Analytics Agile and Lean Supply Chain Modeling Software 173

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. Business Strategy. The flows need to support a common business strategy. The frequency of the plan needs to be common across the organization. Technologies.

S&OP 154

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

ThroughPut

AUGUST 24, 2021

Demand planning in the traditional sense relied heavily on a combination of limited and biased data and gut instinct. Absence of Real-Time Data : Delayed delivery of performance metrics and consumer behavior sets off a chain reaction of excess, wastage, and loss of profits. Strategies for a robust product mix planning.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

Supply Chain Shaman

MAY 22, 2015

The term Big Data is all the range. For me, buzzword bingo on Big Data is bad. They are a big marketing machine. This includes ominchannel and big data. Do not use the big data lexicon. Do not hire a large BIG6 consulting partner to redefine your analytics strategies.

Supply Chain Planning Software 150

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

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 132

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 132

American Global Logistics

SEPTEMBER 12, 2023

Big Data analytics Artificial intelligence and machine learning enable predictive analytics and demand forecasting, facilitating better decision-making. Also, efficient packaging and distribution strategies reduce carbon emissions. Key Areas of Innovation in Supply Chain Management Technology-driven innovations.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

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

Supply Chain Insights

JULY 23, 2017

Forge a strategy? Use our Metrics That Matter methodology to look at improvement and performance. At each round, employees gain an understanding of the value of supply chain decisions through the sharing on the Supply Chain Metrics That Matter. The seven on-line classes are: Supply Chain Metrics That Matter. Training.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 0

Logility

APRIL 3, 2018

There is a growing awareness within senior executives that transforming supply chain planning capabilities to take advantage of the emerging areas of “Big Data,” “Artificial Intelligence,” “Advanced Analytics,” and “Cloud Computing” is a competitive imperative.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 100

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

Enterra Insights

FEBRUARY 2, 2022

.” Thomke suggests three principles to keep in mind when designing your customer experience strategy. They note, “With its emphasis on the human experience, this trend represents a turning point in marketing strategy and practices. Make it part of your business strategy. They are: 1. Start there.

Supply Chain Design Software 147

Supply Chain Design Software Supply Chain Software Analytics Software Predictive Analytics Software 147

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. Business Strategy. The flows need to support a common business strategy. The frequency of the plan needs to be common across the organization. Technologies.

S&OP 152

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

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. Transport costs are soaring to ridiculous levels, especially for those shippers that did not have an organized procurement strategy for freight movement. Who is driving this change?

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70