Remove Blog Remove Eliminating Excel in Purchasing Remove Metrics
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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

In today’s architectures and functional metrics, value optimization does not exist. And, when procurement and tactical planning operate in isolation, there is no decision support framework to guide the trade-offs especially when the functions are tethered to different and conflicting metrics. You are right. The reason?

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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. What Drives Value?

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Initially, the output was published to procurement to design strategic buying strategies. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics.

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Machine Learning in Demand Planning: How to Boost Forecasting

ToolsGroup

The latest ML algorithms can detect subtle shifts in consumer sentiment that precede actual purchasing behavior changes by weeks or even months. ML excels in these scenarios, quickly identifying and adapting to intricate seasonal patterns and trends that traditional statistical methods miss entirely.

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Are You Caught in Word Salad Dribble?

Supply Chain Shaman

I try to post weekly on this blog. Optimization engines to improve functional metric performance resulted in an exploding number of planners. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. days to receive a purchase order confirmation. He wants answers.

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Three Questions People are Afraid to Ask….

Supply Chain Shaman

By purchasing planning and transactional systems for a common vendor, they had one throat to choke and they were familiar with the architectural elements. I will write more on this in my next blog post.). In this blog, I hope that I push you too. This new solution was favored by the Information Technology (IT) organization.

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Essential Supply Chain KPIs to Track for Enhanced Decision Making

SCMDOJO

Running procurement and supply chain without metrics is like driving blindfolded. Identify Bottlenecks & Opportunities: Quickly spot areas that are underperforming and need attention or areas where you’re excelling. Control Costs: Track value beyond just the purchase price and manage inventory effectively.