Remove Chicago Remove Data Remove Inventory Remove Procurement Analytics
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Do You Need a Graph?

Supply Chain Shaman

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. As a result, data query is fast.

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What Do You Mean By Supply Chain Visibility?

Logistics Viewpoints

The interview occurred during athe FourKites Visibility 2023 user conference on September 7th in Chicago. FourKites believes they have the largest repository of supply chain data in the world. To get visibility to whether a load will be on time and in full, a lot more data is required. What accounts for FourKites Growth?

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Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

These teams are also more advanced in the use of planning and more advanced analytics concepts. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts.

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

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2020 Requires Big Wings and Feet

Supply Chain Shaman

Supply chain management requires good data at the mix level of an item/location. Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. The budget is for a fiscal year with quarter reporting and updates. The data in Table 1 is from a recent research study.

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Throwing Down the Gauntlet

Supply Chain Shaman

Tonight, I am stranded in a hotel in Chicago. The Chicago airport is closed for the night. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. However, no company in this chart is on a linear path towards improving both margin and inventory turns.

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The Top 15 Retail Trends for 2022

ToolsGroup

Love it or hate it, daily necessities need to be purchased. Part art, part sport, I find Marilyn Monroe put it best: “Happiness is not in money but in shopping.” (I live in Chicago. Data source: eMarketer. eCommerce Purchases and “The New Normal” Retail Categories. And as it turns out, I’m not alone.