Supply Chain Shaman

FEBRUARY 18, 2021

This means building a cognitive engine to sense, learn, and adapt using market data for innovators. I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Watermelon Metrics Don’t Drive The Right Results. What are functional metrics?

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Supply Chain Game Changer

NOVEMBER 28, 2018

Blog originally published at, and permission to publish here provided by Sam Jenks at, [link]. The complexity of global supply chains – especially in organizations like GM – require hands-on relationship management of suppliers to ensure that supplier collaboration will lead to added value, and innovation. Subscribe Here!

Innovation 59

Innovation Procurement Analytics Resource Reduction Procurement Solutions 59

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Download the White Paper: Over the Road Freight Management Trends.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

QAD

APRIL 13, 2023

They are also working to create a positive workplace culture that fosters engagement , collaboration, and innovation and include opportunities for team building, recognition programs and flexible work arrangements. How are manufacturers keeping up with demand while navigating workforce shortages and new regulatory and quality requirements?

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

Stord

APRIL 24, 2024

Specific industries measure specific KPIs, and AI is an easy way to pull data in and get real, usable and actionable metrics back. You can either embrace it and be prepared for the improvements (and potential drawbacks) or get washed out with the rising tide of innovation.

Supply Chain Planning Software 88

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Predictive Analytics Software 88

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Tompkins Blog

FEBRUARY 14, 2014

This headline raises an interesting question that Tompkins Supply Chain Consortium tackled recently in a published survey on supplier scorecards for innovation. I wasn’t surprised by this data until I saw the percentage of companies who measure innovation. have been measuring innovation for more than three years.

Innovation 49

Innovation Company Metrics Survey 49

GlobalTranz

AUGUST 14, 2018

We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. Transportation Metrics that Matter the Most for Shippers to Track to Improve Performance. We hope you enjoy! Download the E-Book.

Cost Reduction Strategies 120

Cost Reduction Strategies Transportation Management Resource Reduction Transportation 120

QAD

JANUARY 6, 2022

In its 2021 survey, Deloitte once again affirmed the fact that more digitally mature businesses outperform industry averages on a variety of financial metrics. The post Mastering Digital Manufacturing: A Diagnostic Tool appeared first on QAD Blog. The authors refer to the bounty of benefits that accrue from digital maturity.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 93

SYSPRO Smarter ERP

APRIL 11, 2022

The role of the CFO is being transformed by technological innovation and access to massive amounts of data, both inside and outside the organization. By fostering innovation and collaboration while also creating transparencies and breaking down silos among teams and departments, ERP solutions are an important digital stepping stone.

Manufacturing Procurement 105

Manufacturing Procurement Distribution Supply Chain Design Software Manufacturing 105

GlobalTranz

DECEMBER 8, 2021

A well-constructed RFP provides enough information for the provider to develop a custom, innovative response and outline how they are uniquely qualified and prepared to serve your needs. Growing complexity in the supply chain demands innovative and consultative approaches to logistics management.

Freight 226

Freight Network Optimization Software Modeling Supply Chain Planning Software 226

Precoro

DECEMBER 11, 2023

In this blog post, we explore what constitutes the strategic sourcing process, how to design and execute such a process, and how it can help your organization thrive. The sourcing team, in cooperation with procurement specialists and management, establishes performance metrics (KPIs, key performance metrics) and monitors sourcing success.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

QAD

AUGUST 24, 2021

QAD’s recent white paper , “How Manufacturers Can Thrive in the New Age of Disruption, 3 Core Characteristics of an Adaptive Manufacturer” describes how adaptive enterprises are intelligent, innovative and agile. The metrics that best measure the customer’s performance against its goals are mapped to QAD solutions’ functionality.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Resource Reduction Analytics Software 98

Logility

JANUARY 14, 2021

SaaSPath is a global survey of approximately 2,000 organizations across all geographic regions and company sizes, where customers are asked to rate their vendor on more than 30 different customer satisfaction metrics. Media Contact: Justin Siefert Logility jsiefert@logility.com 404.264.5485 www.logility.com/blog.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 130

Logistics Viewpoints

JUNE 1, 2021

Machine Learning (ML) and Artificial Intelligence (AI) are two of the most amazing tools the new millennia brought in innovation. If the company I wanted to order a green sweater for my father considered the importance of keeping an optimized inventory considering their promotion, my sole reason for writing this blog would not exist.

Inventory Management Software 185

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 185

Adexa

JULY 17, 2023

In the past it would take us hours to produce a blog. By leveraging advanced analytics techniques, organizations can gain valuable insights into demand patterns, customer behavior, operational performance, and other key metrics. Even real-time decision making is being replaced with before-the-time decision making by predicting events.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

Supply Chain Shaman

NOVEMBER 16, 2017

Yesterday, I spoke at the University of Tennessee Supply Chain Leaders Forum on innovation. The current efforts are improving functional metrics and traditional processes. As a result, there is very little time to focus on innovation. The singular focus on IT standardization and ERP migration hijacked supply chain innovation.

Supply Chain Design Software 128

Supply Chain Design Software Case Study Supply Chain Network Software Supply Chain Design 128

Supply Chain Shaman

MAY 2, 2016

We also see that manufacturing companies with a strong dependency on BPO are less agile and rate themselves lower on innovation. In parallel, the traditional software vendors are struggling with the Innovators Dilemma. The fast lane to innovation is with new start-ups. Software maintenance costs are rising for the CIO.

Supply Chain Planning Software 150

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

Supply Chain Trend

DECEMBER 22, 2023

Many which I’ve highlighted over the years in blogs and articles. However, standing still and sticking to old dogma’s, not innovate, come up with new ideas and envision a better supply chain planning future is not an option for me. In February 2022, I wrote the first of a five blog series using the name Intelligent IBP.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

SYSPRO Smarter ERP

MARCH 27, 2023

Steps to greater supply chain sovereignty One argument is that cost and efficiency should no longer be the main metrics in determining how a supply chain works. Develop collaborative partnerships where suppliers are incentivized to innovate and provide value-adding input to product design and the production process.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling 104

NC State SCRC

SEPTEMBER 6, 2020

Continued dialogue around performance metrics allowed both parties to produce an amazingly successful project outcome. A key insight from this case involves the need for differentiated supplier relationship management for procurement-project team integration.

Negotiating Skills 52

Negotiating Skills Innovation Optimal Sourcing Case Study 52

Unleashed

MARCH 2, 2021

Wearable healthcare works by collecting a user’s wellbeing and fitness data, and creating a personalised database of the user’s health metrics. They work by collecting a user’s wellbeing and fitness data, and creating a personalised database of the user’s health metrics.

Trends 98

Trends Procurement Analytics Supply Chain Design Software Demand Planning Software 98

Supply Chain Shaman

JULY 9, 2013

For the reasons why, please read my recent blog post ). 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. I believe that customer service is a critical metric and a key element of managing a complex supply chain system.

Supply Chain Software 203

Supply Chain Software Supply Chain Modeling Modeling Software 203

Supply Chain Shaman

FEBRUARY 14, 2022

I give you this evidence in this blog.). Organizations can align to drive value despite the allegiance to functional metrics. The industry considers the company a leader, but I know the dark side that internally, the IT processes squash innovation. Transition functional metrics to focus on reliability. Mistake #5.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Arena Solutions

OCTOBER 12, 2023

2 As the numbers indicate, there are plenty of business opportunities, market share, profit, and competition in developing complex, smart, innovative products. A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals. billion to $855.62 billion in 2023. billion to $799.67

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

Arena Solutions

APRIL 9, 2024

Enhancing Innovation and Compliance With ION’s Proactive Quality Measures With a focus on increasing the speed of innovation without sacrificing compliance, ION builds quality measures into every process. ION makes it easy to uncover bottlenecks in your factory, along with dozens of other manufacturing metrics that come standard.

Manufacturing Procurement 75

Manufacturing Procurement Supply Chain Design Software Manufacturing Analytics Software 75

Kinaxis

AUGUST 17, 2016

One topic we keep returning to on the Argentus blog is the issue of Supply Chain raising its profile within business. Crucially, they need to establish ways that Supply Chain is a driver of innovation and revenue growth rather than cost-cutting. They need to provide quantified metrics that board members can understand.

Cost Reduction Strategies 100

Cost Reduction Strategies Resource Reduction Supply Chain Strategy Supply Chain 100

EcoVadis

JANUARY 20, 2015

Do you believe that your suppliers think it is worth the time and effort to bring you the innovations you are looking for to grow your business in a sustainable way? Procurement can be a key driver if the right resources, processes, incentives and metrics are established. You will need to create a culture of innovation.

Innovation 40

Innovation Demand Planning Software Optimal Sourcing Supply Chain Software 40

Supply Chain Game Changer

JANUARY 14, 2022

This includes public social media profiles, online presence, and other such metrics. Taking its programming into consideration and comparing these assessments to the company’s metrics, an AI program can let you know if the candidate will fit in well. If companies use AI software instead, with certain keywords programmed in.

Resource Reduction 95

Resource Reduction Supply Chain Software Cost Reduction Strategies Resources 95

Supply Chain Shaman

OCTOBER 8, 2019

This blog post formed in my head as I worked with clients this month. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

crisp

DECEMBER 15, 2021

The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted. With clear reporting on your new outcome and driver metrics, you can now map roles and teams to each KPI.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Supply Chain Shaman

DECEMBER 23, 2014

ecommerce is closely coupled with new channels and innovative ways of ordering and payment. Some of the packages on the trucks moving right now are the first shipments of Metrics that Matter. So, if your doorbell rings, with your copy of Metrics that Matter, think about the importance of logistics this holiday season.

Packaging 289

Packaging Inventory Reduction Supply Chain Design Software San Francisco 289

Supply Chain Shaman

JUNE 9, 2016

Today technologies allow the delivery on the promise, but ironically, as technology capabilities improve and innovation to create new solutions explodes, the ownership structure is becoming more conservative. We are just now starting to see innovation return to JDA and GXS assets under OpenText ownership. The Promise of Innovation.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

Supply Chain Game Changer

JULY 14, 2021

This, they say, includes value delivery through supplier- enabled innovation (SEI); sustainability through environmental, social and governance (ESG) goals; as well as agility through digitalisation — all of which will enable the business to deliver on its growth agenda” (Procurement Leaders 2021). Create a Sustainability North Star Metric.

Optimal Sourcing 98

Optimal Sourcing Procurement Sustainability Material Savings 98

ThroughPut

MARCH 15, 2024

Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. Thorough data cleansing significantly enhances the accuracy of AI’s predictive capabilities.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

SYSPRO Smarter ERP

MARCH 2, 2022

Again, it is not just focusing on cost, instead it should also include areas such as innovation, and adoption of technology. The set of metrics used to manage and guide the procurement function should reflect its new responsibilities. The supplier relationship can also be improved with technology.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116