ThroughPut

MAY 3, 2024

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Logistics Viewpoints

FEBRUARY 5, 2024

Russell Zuppo, a vice president for consulting services at Uber Freight, reports that in their customer base, Walmart suppliers are currently paying 0.16% of the cost of goods sold in fines to Walmart. The fines, Uber Freight reports, vary by the costs of the products being sold to Walmart.

Shipping 244

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 244

GlobalTranz

NOVEMBER 18, 2016

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years.

Big Data 120

Big Data Material Savings Supply Chain Planning Software Data 120

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. The goal was to teach the impact of system dynamics in a non-linear system that we now call the supply chain. Or planned orders to purchase orders?) The supply chain is a complex, non-linear system that cannot be effectively managed linearly. I don’t know.

Supply and Demand 397

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 397

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. As a result, the entire organization gamed the system to improve personal gain.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Enterra Insights

MARCH 13, 2018

The good news is almost every organization has access to data and, increasingly, has the means to mine that data. Gary Cokins ( @GaryCokins ), founder of Analytics-Based Performance Management LLC, asserts, “Analytics is becoming a competitive edge for organizations. ” Gaining a competitive edge.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Procurement Analytics 100

Enterra Insights

MAY 6, 2021

In the area of big data, geological features are often used to depict the enormity of the data involved. ” Alexandrov and Vesselinov write, “A seemingly bottomless ocean of ‘big data’ has flooded our world. Hausman reports that many companies haven’t learned that lesson.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

Supply Chain Shaman

NOVEMBER 11, 2020

On September 30, the big data company Palantir went public in an initial 22B$ market valuation. I am frequently asked, “Can a big data data science company help to alleviate the current market pain in the supply chain?” Data science is only useful when companies are clear on the question to ask.

Supply Chain Design Software 317

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 317

Unleashed

JANUARY 27, 2020

Big data refers to the process of examining and analysing large and diverse data sets for the purpose of uncovering valuable information to help businesses make informed decisions. The relationship between SMEs and big data is not contradictory, because no business is too small for big data.

Big Data 63

Big Data Analytics Software Predictive Analytics Software Purchasing Skills 63

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In my post Mea Culpa, I reference my work with the Gartner Supply Chain Hierarchy of Metrics. Error is error, but is it the most important metric? My answer is no.

Procurement Analytics 360

Procurement Analytics Optimal Sourcing Metrics Supply Chain Planning Software 360

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. Outside-in Planning: Modeling based on channel and supply network signals. This week, I was at Informs Analytics Conference.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 221

Supply Chain Shaman

MAY 26, 2023

In these conventional IT approaches, data is written and coded with fixed semantics into rows and columns. I term this our data jail. Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. The focus of the Gartner Magic Quadrant.)

Optimal Sourcing 352

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 352

Supply Chain Game Changer

NOVEMBER 12, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? And What is Purchasing? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement, you’ve come a long way, baby!

Procurement Analytics 54

Procurement Analytics Manufacturing Procurement Optimal Sourcing Procurement 54

EazyStock

OCTOBER 10, 2018

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

Supply Chain Shaman

NOVEMBER 29, 2021

The news reports symptoms, not root causes. Current supply chain systems either optimize volume or currency. The gap in understanding of supply chain as a complex non-linear system at the board level is an ongoing issue. Most companies invested heavily in transactional infrastructure and underinvested in systems of insights.

Supply Chain Planning Software 284

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 284

Enterra Insights

JANUARY 25, 2024

Most promotional materials for Data Privacy Day are aimed at users rather than businesses. For example, the National Cybersecurity Alliance notes, “Your online activity creates a treasure trove of data. Show people what they get in return for sharing their data. Remind people what data they shared and when.

Data 130

Data Modeling Software Supply Chain Design Software Analytics Software 130

Enterra Insights

MAY 31, 2022

We live in a digital age in which, according to Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, big data is an organization’s most valuable asset. Today, it’s not people but data that tops the asset value list for companies.”[1] 1] Staff writers at Gadget go even further.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Supply Chain Shaman

NOVEMBER 29, 2021

The news reports symptoms, not root causes. Current supply chain systems either optimize volume or currency. The gap in understanding of supply chain as a complex non-linear system at the board level is an ongoing issue. Most companies invested heavily in transactional infrastructure and underinvested in systems of insights.

Supply Chain Planning Software 273

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 273

Logility

MARCH 6, 2020

Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Analytical processing speed and accelerated corporate learning.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

GlobalTranz

NOVEMBER 21, 2017

In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. Hanesbrand Inc. ,

Analytics Software 173

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

NC State SCRC

SEPTEMBER 23, 2016

IBM hosted a roundtable for the Center for Advanced Purchasing Studies, with executives from P&G, US Steel, CB&I, Mastercard, and others attending. In that session, Dan Carrell from IBM shared a number of key perspectives that is driving IBM to diversify into the world of analytics. Cognitive systems have the ability to.

Optimal Sourcing 40

Optimal Sourcing Big Data Procurement Analytics Procurement Solutions 40

ThroughPut

MARCH 24, 2024

Food & Beverage giants like Kellog’s reported on the state of breakdown in supply chain management. This scenario raises the question: “How do we build systems that enable better demand planning for manufacturers, and what are the processes that support these?” A common trend underlying these problems is ‘unpredictability’.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

GlobalTranz

OCTOBER 2, 2017

According to Mitchell’s NY , last mile logistics is seen as the least efficient leg of shipping, and it accounts for up to 20 percent of the total shipping cost of a product. Managing returns and reverse logistics are another consideration in creating an effective last mile logistics strategy, reports Industry Week.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

Enterra Insights

OCTOBER 7, 2021

With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies. Regardless of whether consumers are buying products because they are bored or truly need them, they are finding the convenience of online purchasing to their liking.

Modeling Software 130

Modeling Software Supply Chain Planning Software Procurement Analytics Analytics Software 130

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. The team was seeking analytics to monitor process compliance. Visibility Maturity Model.

Prescriptive Analytics Software 179

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 179

DELMIA Quintiq

DECEMBER 9, 2015

Another conference, another presentation on the scarily “big” data coming to supply chain and logistics. In logistics and supply chains, we deal with big data that only gets bigger. To do so, I will dive into data analytics and the role it could play in making supply chain logistics more efficient.

Predictive Analytics 120

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 120

RFgen

AUGUST 16, 2018

Predictive analytics aren’t a sci-fi vision. Big data isn’t a new concept, but the technology has matured from technical and accessibility perspectives, making it a realistic option for organizations working to ramp up their supply chain operations. Exploring Predictive and Prescriptive Analytics.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Procurement Analytics Predictive Analytics Software 52

RFgen

AUGUST 16, 2018

Predictive analytics aren’t a sci-fi vision. Big data isn’t a new concept, but the technology has matured from technical and accessibility perspectives, making it a realistic option for organizations working to ramp up their supply chain operations. Exploring Predictive and Prescriptive Analytics.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Procurement Analytics Predictive Analytics Software 52

Supply Chain Shaman

JUNE 14, 2014

“The idea of the value chain is based on the process view of organizations, the idea of seeing a manufacturing (or service) organisation as a system, made up of subsystems each with inputs, transformation processes and outputs. E2open last week announced the purchase of Serus. I believe that value is what you create.

Optimal Sourcing 288

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 288

Supply Chain Shaman

NOVEMBER 29, 2021

The news reports symptoms, not root causes. Current supply chain systems either optimize volume or currency. The gap in understanding of supply chain as a complex non-linear system at the board level is an ongoing issue. Most companies invested heavily in transactional infrastructure and underinvested in systems of insights.

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 195

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

Enterra Insights

JUNE 1, 2020

When people hear or read the term “big data,” they initially think two things: It’s data and it’s big. First, let’s talk about what “big” really means. The volume of data being created is unprecedented and will only increase. How much data will it generate?

Big Data 147

Big Data Data Analytics Software Manufacturing Procurement 147

NC State SCRC

AUGUST 18, 2022

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. AI applications will become increasingly important especially in buyer-seller transaction systems, to enable improved efficiency of transaction flows.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Enterra Insights

APRIL 6, 2021

That’s where forecasting and predictive analytics come into play. Predictive analytics involve techniques like data mining and machine learning to predict future trends from past and current data. Don’t both activities rely on available data to estimate what a potential future state is going to be?

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

Enterra Insights

SEPTEMBER 28, 2021

According to Chris Tranquill, Chief of Strategy at Khoros, the top 5 reasons customers reported positive experiences with AI were: quick resolution; swift and responsive interaction; strong resemblance to human interaction; confidence that the issue would be resolved; and, just as important, an option to speak with a human representative.”[3]

Predictive Analytics Software 162

Predictive Analytics Software Analytics Software Modeling Software Supply Chain Software 162

Enterra Insights

JULY 31, 2019

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. ”[3] They go on to note, “A traditional ERP simply cannot keep pace with the rate of change and the need to innovate and optimize quickly, accurately, and cost-effectively. .”[3]

Supply Chain Planning Software 100

Supply Chain Planning Software Analytics Software Supply Chain Software Predictive Analytics Software 100