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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Customer-Centric Supply Chain.

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Measuring Up?

Supply Chain Shaman

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.

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Mining Supply Chain Data for Insights

Supply Chain Shaman

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. The better supply chain planning implementations produce tighter and more reliable patterns at this important metrics intersection. Shown in Figure 1 is an example of resiliency.

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Groundhog Day

Supply Chain Shaman

We are currently doing correlations to our quantitative survey responses (over 6000 respondents) to understand which practices make the largest difference in driving Market Price to Tangible Book. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.

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The changing role of IT organizations in supply chain management

Kinaxis

Madhav Durbha I recently read this very interesting book, “Be the Business: CIOs in the new era of IT” by Martha Heller. In the book, the author made several very interesting observations about how the role of a Chief Information Officer is changing in the age of cloud computing, personalization of tech, and the rise of shadow IT.

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How Do You Define a Mature Supply Chain Planning Organization? (Part 1)

Supply Chain Shaman

Integration of corporate social responsibility metrics in planning. There is a lack of clarity on what drives value and metrics are functional. Inventory is often focused on as a singular metric, not as part of a complex supply chain system. Functional metric orientation. Cross-functional metrics alignment.

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The “First Five” Industrial Manufacturing Trends of 2017

GlobalTranz

Manufacturers must adapt to changing demands, or they will become nothing more than a statistic in history books. The Industrial Internet of Things (IIoT) is no longer the newest kid on the block. This will lead to the creation of more metrics and business-intelligence tools to help improve manufacturing operations.