Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. We will decide and response faster in our supply chain and make higher quality operational and strategic decisions.

Supply Chain Planning Software 78

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

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Effective logistics management is all about place and time utility and getting the right product, at the right time, to the right place in the right quantity and in the right quality. The list is resources an enterprise can avail itself of is ever-growing and evolving.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Supply Chain Shaman

MAY 2, 2016

With the rise in complexity, most Supply Chain Metrics That Matter are going backwards (inventory turns, ROIC, operating margin and growth). The models and prerequisite leadership qualities are very different. Open source needs maintenance. When there is a change in leadership, be suspicious. Partnerships drive little value.

Supply Chain Planning Software 150

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

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. Let me just state for the record that “Saying that you are going to write a book, is far more exciting than writing one.” Writing the book is helping me to get perspective. Product quality issues. It is tedious. Check out Figure 1.

Supply Chain Design Software 280

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 280

Requis

OCTOBER 30, 2020

He provides a wide array of educational content for supply chain practitioners, including the Supply Chain Secrets channel on YouTube and a number of books, including his latest, Supply Chain Secrets. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). When I arrived, Citrix had 28 metrics and the only metric that aligned with procurement was operating profit.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

ToolsGroup

APRIL 27, 2022

Image source: APA. For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. Image source. Image source: APA. The following experts share eight sources of stress at work. And plenty of us are feeling that stress at work. In…and out…there you go!)

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Supply Chain Shaman

MAY 13, 2015

Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Instead, I think that it needs to be holistic to balance the trade-offs of source, make and deliver together. (I know… I am showing my age.). Let me continue with my story.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Supply Chain Shaman

OCTOBER 8, 2019

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. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Supply Chain Shaman

NOVEMBER 9, 2015

In the workshop, we talked at length about the use of sentiment analysis to sense quality issues, market opportunities and new product launch acceptance. I shared how sentiment analysis enables companies to sense product quality issues four-to-six weeks before knowledge by a traditional call center.

Iceland 150

Iceland Supply Chain Software Supply and Demand Europe 150

Supply Chain Opz

JANUARY 31, 2016

What is the best business statistics book in the age of big data? In this article, we will show you 7 business statistics books CEOs think you should read. Background Statistical thinking as in total quality management and six sigma has been around for quite some time. Finally, we make a final cut of business statistics book.

Six Sigma 100

Six Sigma Big Data Analytics Analysis 100

Supply Chain Shaman

AUGUST 11, 2015

The rising complexity of items sold decreases the organization’s ability to forecast, and the longer lead times across multiple tiers of sourcing and supply, increases the bullwhip impact (distortion of the demand signal across multiple tiers of the value network). A disruption is a failure in cost, quality or customer service.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 150

Supply Chain Opz

APRIL 1, 2015

Are you looking for lean books that help you create sustainable change? In this article, we will show you 10 best lean books every lean enterprise should read. Background According to a short survey we conducted, we found that the best "classic" lean book is The Machine That Changed the World: The Story of Lean Production by James P.

Lean 100

Lean Manufacturing Procurement Resource Reduction Massachusetts 100

Supply Chain Shaman

JULY 19, 2015

Benchmarking is a measurement of the quality of an organization’s policies, products, programs or strategies against standard measurements. In most ‘benchmarking activities’, self-reported data is the most common source. Debra built the Gartner Hierarchy of supply chain metrics. Business Dictionary.com.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Supply Chain Game Changer

MAY 27, 2020

Supplier managers and their work product – supply base sourcing strategies and cost-reduction initiatives – will have to constantly be on the lookout for events driving their suppliers’ businesses and pricing. Sourcing strategies should be reviewed more frequently and be on the lookout for chess board changes and price dislocations.

Price Reduction 132

Price Reduction Cost Reduction Strategies Purchasing Skills Material Savings 132

Supply Chain Opz

APRIL 15, 2015

Are you looking for lean books that help you create sustainable change? In this article, we will show you 10 best lean books every lean enterprise should read. Therefore, the aim of this article is to provide the list of best lean books for our readers. Womack, Daniel T. Jones and Daniel Roos.

Lean 100

Lean Manufacturing Procurement Massachusetts Sourcing Strategies 100

Supply Chain Shaman

SEPTEMBER 27, 2015

This accepted certification failed to pick-up a decade of PCA quality issues: holds, recall, and customer complaints. The manufacturers sourced the peanut butter primarily on cost. We need to build a network of networks with interoperability of quality and lot code information to track and trace the unit of one.

Pharmaceutical 150

Pharmaceutical Supply and Demand Food Manufacturing Procurement 150

3rdwave

NOVEMBER 8, 2018

With sourcing spread over multiple geographies requiring logistics moves that involve multiple entities and numerous handoffs between 3rd party providers, and customs and regulatory agencies at both ports of export and import; the ability to effectively manage the global supply chain is challenging under the best of circumstances.

Supply Chain Design Software 79

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 79

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. Advanced companies are building cross-functional teams to use unstructured data to analyze warranty, quality and service failures.

Material Savings 189

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 189

crisp

OCTOBER 31, 2023

They produce each flavor in small batches to ensure a high-quality experience. Casey shared how Crisp has played a pivotal role in this success, “When we onboarded, we were already in every distribution center, but Crisp has helped us optimize that business – with a clear line of sight to inventory, sales growth, and velocity metrics.

Portland 52

Portland Optimal Sourcing Oregon Waste Reduction 52

Arena Solutions

OCTOBER 5, 2023

Audit results provide management with the information necessary to better attain operational efficiency by identifying quality problems and correcting issues before they are discovered in an external audit. A key first step in determining the audit is—who is going to conduct it—your Regulatory or Quality teams or a hybrid?

Quality 52

Quality Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52

Supply Chain Shaman

MAY 22, 2015

It is less of a fit for unstructured data (weather, maps, social, sentiment, warranty, quality, contract documents and pictures) and streaming data (sensors, RFID, and telematics). In the commercial world of sell, deliver, make and source processes, we do not have the time or money to fund data scientists. People like to touch data.

Supply Chain Planning Software 150

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

Supply Chain Shaman

AUGUST 16, 2015

The goal is deeper analytics to sense and respond across make, source and deliver. Most companies use multiple B2b networks because they have evolved to serve a part of a supply chain–source, make or deliver within an industry–versus a value chain solution that can connect industries. We have a market of niche solutions.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Enterra Insights

JULY 23, 2019

Anyone familiar with sports has heard about Michael Lewis’ book Moneyball. In the book, Lewis notes, “Data Science is about identifying those variables and metrics that might be better predictors of performance.” Quality insights are the real goal. ” Those industries are: 1. ” 2. .” ”[2].

Analytics Software 100

Analytics Software Quality Data Big Data 100

Zipline Logistics

SEPTEMBER 21, 2021

These are report cards that grade suppliers on quality and performance, looking at common metrics like on-time delivery, inventory management, missed shipments, lead time, costs, etc. A good logistics partner should understand these set-ups and book transportation exclusively with these providers. Sam’s Club OTIF Background.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction Sourcing Strategies 52

SupplyShift

NOVEMBER 4, 2020

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made). Not sure where to start?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

SupplyShift

NOVEMBER 4, 2020

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made). Book an intro call with us to see how. Map all supplying sites.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

Intelligent Audit

FEBRUARY 3, 2022

Understand data-driven metrics and KPIs within the freight bill auditing services ’ software. Remember that such issues will cause errors further down the line when it is time to close the books at year-end but working with an expert reduces that risk. Get better deals on shipping rates. These risks are significant issues.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. For example, should customer sentiment data feed into quality systems?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. Optimize organizational spending, time, and sourcing of goods or services. Quality KPIs: Compliance Rate, Supplier Defect Rate, Purchase Order Accuracy. Quality KPIs.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

ThroughPut

OCTOBER 7, 2022

Manufacturers are also increasingly leveraging predictive analytics for long term demand forecasting and short term demand forecasting and while it produces accurate demand data , it is important to have real-time metrics at hand. Employing an all-powerful tool can improve forecast quality and isolate relevant trends from the market noise.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

3rdwave

NOVEMBER 8, 2018

With sourcing spread over multiple geographies requiring logistics moves that involve multiple entities and numerous handoffs between 3rd party providers, and customs and regulatory agencies at both ports of export and import; the ability to effectively manage the global supply chain is challenging under the best of circumstances.

Supply Chain Design Software 41

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 41

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Library Prime Storage is the area dedicated for book/magazine.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

ThroughPut

JULY 6, 2021

Manufacturers are also increasingly leveraging predictive analytics and while it produces accurate demand data , it is important to have real-time metrics at hand. With a proper ML-powered tool, you can aggregate historical and new data from different sources like market surveys, social media, customer feedback, ERP, CRM, and others.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Supply Chain Shaman

FEBRUARY 25, 2016

High-velocity or streaming data requires different architectures built on non-relational, cloud-based architectures using open source tools like Apache Spark. The goal of the agile supply chain is to deliver the same cost, quality and customer service given the level of demand and supply volatility. source Moody’s).

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 262

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 262

Locus

FEBRUARY 3, 2022

For example, beyond deciding the menu and cooking the food for customers, restaurant owners need to figure out the right permits, regularly source their produce, manage both service and kitchen staff, and maintain the books, among other duties. Timely versus quality service: The juggling act of home services providers.

3PL 52

3PL Logistics Network Optimization Software Optimal Sourcing Company 52