Company Examples Innovation Metrics 
Supply Chain Shaman
MARCH 9, 2021
For many companies, this is a gap. When a company attempts to automate processes without clarity, problems ensue. This post focuses on my failure to use design thinking to spark innovation with supply chain teams and my lessons learned. Remember the need for goal clarity, rules, and clear metrics in my opening paragraph?
Logility
JUNE 23, 2023
Unfortunately, many companies hesitate to use causal forecasting, thinking it’s too complicated or resource-hungry. Let’s consider a simple example—daily sales of ice cream. A traditional forecasting model might look at last year’s sales metrics to predict this year’s. And the result?
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Supply Chain Shaman
JANUARY 9, 2024
Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. Most companies are not clear. Congratulations to the 34 winners.
Logility
APRIL 7, 2020
In the midst of the seeming chaos many brilliant minds have been working in overdrive to develop innovative solutions to many of obstacles that lie in our way. The Coca-Cola Company and Georgia Institute of Technology are working together to turn plastic sheeting into more than 50,000 plastic surgical shields. That requires focus.
Supply Chain Shaman
MARCH 27, 2023
For example, real-time planning, end-to-end planning, control tower, integrated business planning (IBP), and digital brain are oxymorons while discussions on innovation bounded by a required ROI is a juxtaposition. True innovation is never defined initially by a mandatory Return on Investment (ROI).) Buyer beware.
Supply Chain Shaman
JANUARY 2, 2024
We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. For example, let’s take a look at the patterns of Anheuser Busch, Colgate-Palmolive, Mondelez, and Nestle shown in Figure 1. Collectively, these companies are not resilient.
Precoro
DECEMBER 11, 2023
To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Often, the purpose of sourcing is simply for companies to find the supplier or vendor that offers the best price for the required item. Goals beyond the best purchasing price fall into strategic sourcing.
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