Supply Chain Shaman

DECEMBER 15, 2022

As an analyst, I am always searching for answers and clear definitions. ” Followed by “How are you organized, and what defines functional excellence? And, how do you tie functional excellence to corporate value?” Only 9% of companies designed their supply chains, and 1/3 can analyze what-if analysis.

Manufacturing Procurement 392

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 392

Supply Chain Shaman

OCTOBER 16, 2023

For most companies, building a great S&OP process is a missed opportunity. Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. There is a clear definition of the role of the supply chain in the delivery of value. I write this post as a guide. Drives Value.

S&OP 334

S&OP Supply and Demand Forecasting Supply Chain Design Software 334

Supply Chain Shaman

FEBRUARY 16, 2024

Let’s Start With Clear Definitions My inbox is full. The market is flooded with references to AI, but few stop to give a definition. To combat the hype cycle to drive value, I think that we need to get clear on use cases and definitions. I find that companies confuse responsive with reactive. (The Test and Learn.

Supply Chain Planning Software 387

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 387

Supply Chain Shaman

DECEMBER 27, 2022

In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. I know, a head-scratcher.

Supply Chain Software 403

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Supply Chain Shaman

FEBRUARY 1, 2024

He feels he has the answer for companies. ” However, his company remains small with a couple of clients. If it was an answer, why is the company not growing? As I analyze business results , I see that most companies are really stuck. How did the company perform against the plan?” Blackhole Automation.

Supply Chain Planning Software 342

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 342

Supply Chain Shaman

SEPTEMBER 10, 2023

The continuation of the belief in the definition of today’s supply chain planning is a tangled web that we weave that is a bit of a mess. His position was that the research that I was writing was not being aggressive enough in the definition of global supply chain planning requirements. How did the company perform to the plan?

Supply Chain Planning Software 256

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 256

Supply Chain Shaman

JULY 23, 2023

In each phase, companies refine the models until they find that the future is discontinuous. In the evolution, companies find that 80% of data surrounding the enterprise’s supply chain is unused in current supply chain decisions. The order latency is the time from purchase by the end consumer to the visibility of the order.

Supply Chain Planning Software 339

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 339

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. This is true even though we are not clear on the definition of next-generation processes. ” Companies know they have a problem with adopting new technologies, but they do not have clear answers on what to do next. Top Three Challenges for Supply Chain Employees.

Supply Chain Design Software 307

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 307

Supply Chain Shaman

MAY 1, 2023

We find that companies with an analytics center of excellence drove progress faster than those with a supply chain center of excellence. While companies build Supply Chain Centers of Excellence, most are not clear on what good looks like. When you ask, “What defines supply chain excellence?”

Inventory Reduction 248

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 248

Supply Chain Shaman

NOVEMBER 15, 2023

When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions. The lack of interoperability between decision support platforms is a problem for companies attempting to improve decisions from the channel to supplier bi-directionally through technology.

Supply Chain Planning Software 397

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 397

NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Supply Chain Shaman

JUNE 28, 2021

Idiomatic expressions are a type of informal language rooted in meaning that is different from the literal definitions of the words used in the expression. ). As an analyst for nearly two decades, I am constantly amazed watching companies throwing the baby out with the bathwater. What do I mean? To illustrate, let me share a story.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 236

Supply Chain Shaman

APRIL 9, 2021

Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Over 85% of companies turned their systems off, turning to spreadsheets and ad hoc manual analysis. The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. Mistake #4.

Supply Chain Planning Software 362

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 362

Supply Chain Shaman

SEPTEMBER 27, 2021

The word of the day is visibility, yet this is the nut–that companies implementing many projects, — cannot seem to crack. In our recent survey on analytics, today 74% of companies are attempting to improve supply chain visibility (as shown in Figure 1). The reason? The solution remains elusive. What Is Visibility?

Supply Chain Planning Software 334

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 334

Precoro

OCTOBER 24, 2022

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. It is the most traditional approach and a road still taken by a significant portion of companies, but it has substantial disadvantages and risks. Low-Quality Documentation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

Supply Chain Shaman

NOVEMBER 21, 2022

Definition of Confirmation Bias. So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly.

Supply Chain Planning Software 299

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 299

SCMDOJO

DECEMBER 29, 2022

Warehouse Automation Definition: Warehouse automation uses technology and automated systems to streamline inventory management, storage, and shipping. With all these advantages, it’s no wonder why so many companies are turning to warehouse automation for their storage and shipping needs. Challenges with Warehouse Automation and WMS.

Supply Chain Software 72

Supply Chain Software Warehousing Optimal Sourcing Optimization Software 72

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. I disagreed.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Supply Chain Shaman

APRIL 16, 2024

The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

Supply Chain Shaman

JULY 25, 2021

Only four percent of companies outperformed their peer groups. While market potential declined, individual company performance declined faster. I strongly believe that we adopted practices in the last two decades that degraded performance and threw companies out of balance. Implementation of Sales Forecasting.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

DECEMBER 11, 2018

Fuzzy definitions. Companies talk about customer-centric supply chains, but most leaders are more comfortable in the world of supply than demand. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior.

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 199

Supply Chain Shaman

OCTOBER 4, 2018

At the session, we discussed why companies have not made more progress on inventory management. I wanted to say, “You let the consultants influence you to buy the wrong technologies based on IT standardization. Most planning happens in Excel Spreadsheets. Hands quickly went up to defend the use of Excel Spreadsheets.

Inventory Management Software 270

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 270

Supply Chain Shaman

JUNE 21, 2023

While companies talk digital, the projects follow traditional supply-centric paths. Before you react, here are some definitions. The Gartner analysis is biased toward companies within the Gartner network. I list sixteen in Table 2, but of the 29 companies listed in the Gartner Top 25, 27 underperform their peer group sector.

Gartner 360

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 360

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. I have followed both of these companies for 15 years and writing this post is bittersweet. The founders remain, and the company is private, and tightly-held.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

MAY 26, 2023

Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Let’s start with a basic definition. Demand latency (the time from purchase by the customer to order visibility by the manufacturer) is weeks and months. Why are semantics important? The So What And Who Cares?

Optimal Sourcing 345

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 345

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. By definition, in the current state, supply chain planners work in a lose/lose environment. Ironic since the company spent millions of dollars on the technology.) Wrong focus I thought. The reason?

Supply Chain Design Software 308

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 308

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The solution was too black box.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Logility

SEPTEMBER 24, 2013

You’ll note in the headline I use the preposition “of” instead of “to” when describing the “journey of Supply Chain Excellence.” The key objective for the majority of companies I work with is to significantly improve their supply chain capabilities and performance.

Eliminating Excel in Purchasing 100

Eliminating Excel in Purchasing Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 100

Supply Chain Insights

JANUARY 18, 2018

Consultants and technology leaders are rebranding under a “digital umbrella” without clear definition. Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. Supply chain excellence definitions evolve as companies explore the Art of the Possible. I am often uncomfortable.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). Ecolab, L’Oreal, and TJX are exceptions.

Supply Chain Design Software 290

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 290

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. The process designed to help companies manage constraints outside of lead time took on a life of its own. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) The process mistakes include: Mistake #1.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In 2023, consumers will be less forgiving and poised to buy from retailers whose delivery performance is commensurate with the rest of the shopping experience. Figure 1: U.S. Container Import Volume Year-over-Year Comparison. Somewhat nailed it.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

Logistics Viewpoints

APRIL 24, 2023

The visibility to spend allows them to provide excellent benchmarking in several areas. Coupa, formerly public, became a private company. Coupa has been a very fast-growing company. Initially, this product will focus on the purchase order (PO) acceptance process. Coupa meets this definition.

Supply Chain Design Software 202

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 202

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Yes, lead times are a factor in ERP, but few companies keep them updated.”

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 256

AIMMS

MARCH 8, 2016

What are these companies doing differently and what trends should retailers look out for? Today’s shopper prefers to buy online and get products delivered at the best possible time and place, resulting in key shifts in the supply chain. Clarity of supply chain strategy and a clear definition of supply chain excellence.

Price Reduction 156

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 156

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). In the past 15 or so years, the US, which is known for its complicated and expensive healthcare system, has taken some steps towards value-based purchasing.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

AFFLINK

AUGUST 30, 2016

Historically, group purchasing organizations (GPOs) have been primarily utilized within the healthcare industry. A GPO is a group of businesses or organizations that come together to use their collective purchasing power to receive discounts from vendors. belong to at least one GPO. Your vendors aren’t delivering reliably.

Purchasing Skills 63

Purchasing Skills Eliminating Excel in Purchasing Vendor Strategies Groups 63