Enterra Insights

JUNE 15, 2022

According to Coburn, “Consumers increasingly are willing to pay a premium to go green — upward of 70% would pay 5% more, all else being equal, McKinsey research shows.” ” • Employees like working for companies with a conscience. Getting accused of “greenwashing” can hurt a company’s reputation.

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Resource Reduction Price Reduction 130

Elementum

OCTOBER 13, 2020

Globalization and the ever-increasing need for profitability have caused companies to live by a creed of efficiency: the faster and cheaper, the better. However, major disruptions like those caused by the pandemic have forced companies to square off with the repercussions of that same mantra. McKinsey & Company.

Sourcing Strategies 78

Sourcing Strategies Material Savings Cost Reduction Strategies Supply Chain Strategy 78

Enterra Insights

SEPTEMBER 21, 2023

… But just as it stimulates, it also requires companies to come up with strategies to survive by standing out in such a challenging universe.”[1] ”[1] They go on to note, “Competitiveness is the rivalry between a company and other businesses in the same industry. Those that focus on value creation will thrive.”

Prescriptive Analytics Software 245

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 245

Enterra Insights

OCTOBER 30, 2023

Your data and its underlying foundations are the determining factors to what’s possible with generative AI,” write McKinsey & Company analysts Joe Caserta , Holger Harreis , Kayvaun Rowshankish , Nikhil Srinidhi , and Asin Tavakoli.[2] But, according to a recent McKinsey study, it is a battle to achieve that competitive edge.

Quality 130

Quality Optimization Software Data Resource Reduction 130

Enterra Insights

APRIL 9, 2024

“Companies can safeguard value at risk and protect assets, supply chains, and operations by implementing and financing adaptation and resilience measures. Lenders and investors can safeguard their portfolios by deploying capital toward resilient assets and companies.” ” • The “Grow” Opportunity.

Material Savings 130

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 130

Enterra Insights

MARCH 31, 2022

Over the past couple of years, numerous companies have pledged to achieve “net zero” operations over the next decade or two. Companies claim they will achieve their goal using a number of strategies including the reduction of emissions and carbon offsets. One popular type of offset involves saving trees.”[3]

Waste Reduction 147

Waste Reduction Company Supply Chain Planning Supply Chain Strategy 147

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. Looks similar to McKinsey, right?

Supply Chain Software 393

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 393

Logistics Viewpoints

MARCH 19, 2024

The ability to unify key processes is closely tied to making timely, informed decisions – and the speed and quality of decision-making are crucial factors that significantly impact overall company performance. The digital imperative is here, urging companies not to lag behind. There’s simply no room for complacency.

Supply Chain Planning Software 248

Supply Chain Planning Software Scenario Planning Supply Chain Planning Prescriptive Analytics Software 248

Enterra Insights

MAY 16, 2023

” McKinsey & Company analysts, Tamara Charm , Jason Rico Saavedra , Kelsey Robinson , and Tom Skiles , suggest such a picture should be called “The Great Uncertainty.” Without the assistance of a cognitive technology solution, the nuances mentioned by the McKinsey analysts could be overlooked.

Analytics Software 130

Analytics Software Supply Chain Design Software Procurement Analytics Procurement Solutions 130

GlobalTranz

OCTOBER 22, 2020

Unfortunately, companies remain trailing behind. And according to McKinsey & Company, “for all the excitement, most logistics companies have not yet taken the plunge. The post 5 Tips to Increase Shareholder Support for Automation in Logistics appeared first on Transportation Management Company | Cerasis.

Supply Chain Software 218

Supply Chain Software Logistics Transportation Management Supply Chain 218

Enterra Insights

MARCH 23, 2023

Mitigating the Risks of Geopolitical Activity McKinsey & Company analysts Andrew Grant , Ziad Haider , and Jean-Christophe Mieszala discuss six key dimensions to geopolitical resilience.[2] McKinsey analysts agree with that aphorism. 2] They are: 1. Business model resilience. .” Organizational resilience.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Strategy Modeling Agile and Lean Supply Chain 130

Enterra Insights

JANUARY 6, 2023

These companies provide a recipe for both stability and long-term, profitable growth, while also strengthening the backbone of an economic supply chain that has been under siege for several years.”[2]. Most are privately owned, small- to mid-cap companies that don’t have consumer-facing brands. ”[2]. ”[5].

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing South Carolina Pricing Training 130

Enterra Insights

SEPTEMBER 30, 2022

McKinsey & Company analysts conclude, “For most US consumers, the answer seems to be ‘both.’ According to analysts from McKinsey & Company, “Offering a compelling omnichannel experience used to be the bleeding edge of retail. The Omnichannel Retailer. Now it’s a requirement for survival.”[5]

Omnichannel 130

Omnichannel Retail Eliminating Excel in Purchasing Supply Chain Planning Software 130

GlobalTranz

SEPTEMBER 8, 2020

says McKinsey & Company, includes “the application of the Internet of Things, the use of advanced robotics, and the application of advanced analytics of big.read More. The post Exploring the Value of Connected Supply Chain Systems to Increase ROI appeared first on Transportation Management Company | Cerasis.

Analytics Software 208

Analytics Software System Internet of things Supply Chain 208

Enterra Insights

DECEMBER 5, 2022

McKinsey & Company analysts note, “Technology continues to be a primary catalyst for change in the world. Weiss reports that the McKinsey study (cited above) examined how relevant (i.e., He writes, “McKinsey has reported that economies will realize the benefits of superior connectivity networks in 2023.

Predictive Analytics Software 130

Predictive Analytics Software Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software 130

Enterra Insights

APRIL 11, 2023

McKinsey & Company analysts note, “Ours is an interdependent world, connected by global flows of goods, services, capital, people, data, and ideas. ”[3] They go on to explain, “New [McKinsey Global Institute] analysis finds a more nuanced reality.

Ukraine 130

Ukraine Negotiating Skills Russia China 130

Enchange Supply Chain Consultancy

MAY 5, 2022

There was an excellent article from McKinsey published on 2 March 2022 entitled: “ Autonomous supply chain planning for consumer goods companies ”.

Supply and Demand 130

Supply and Demand S&OP Consumer Goods Supply Chain Planning 130

Logistics Viewpoints

NOVEMBER 19, 2020

The most recent McKinsey Global Survey on AI shows a 25% increase in use by companies over the prior year, a trend that shows no signs of slowing. At this pace, have we entered the Age of AI? Do we even need supply chain planners, or can we turn out the lights and go home, because we now live in a world of autonomous planning?

Supply Chain Planning 221

Supply Chain Planning Supply Chain Scenario Planning Survey 221

Enterra Insights

APRIL 18, 2023

McKinsey & Company analysts Homayoun Hatami and Liz Hilton Segel write, “If an executive had fallen asleep in 2019 and just woke up, [they] wouldn’t recognize [today’s] business world. It makes sense, then, that companies that don’t regularly discuss fears experience toxic and unhealthy behaviors.

Washington 130

Washington Resource Reduction Supply Chain Planning Software Cleveland 130

Enterra Insights

MARCH 26, 2024

At Enterra Solutions ®, we were aware of this fact when we announced our Enterprise Growth WarRoom offering for consumer products and retail companies.[1] Strategies define the broad outlines of how a company can achieve its long-term goals. In this way, numerous strategies and tactics can be tested in a controlled environment.

Analytics Software 130

Analytics Software Supply Chain Design Software Optimization Software Modeling Software 130

Logility

JUNE 23, 2022

But it’s more dire than that; many companies have embarked on aggressive plans for incremental hiring in the coming years. Consider these statistics from McKinsey: Facebook plans to hire 10,000 people in Europe to build out its “metaverse” Amazon announced plans to add more than 55,000 people in the U.S.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Software Forecasting Software Demand Planning Software 173

Enterra Insights

APRIL 4, 2023

McKinsey & Company analysts, Chris Bradley , Jeongmin Seong , Sven Smit , and Jonathan Woetzel , assert, “Current economic and political turbulence could presage the start of a new era that is structurally very different with a new narrative of progress. ” McKinsey & Company, 20 October 2022.

Global 130

Global Supply Chain Planning Software Predictive Analytics Software Optimization Software 130

Enterra Insights

DECEMBER 14, 2022

For that reason, McKinsey & Company analysts observe, “Nuclear fusion has long been considered a near-impossible clean-energy solution.”[4] McKinsey analysts ask, “What if a technological breakthrough could help the power sector decarbonize — and help prevent the worst effects of climate change?”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software South Korea Supply Chain Software 130

Enterra Insights

FEBRUARY 7, 2020

McKinsey analysts Dickon Pinner and Kevin Sneader ask, “Does your business treat climate change as a far-off risk, something for the future but not a priority today?”[1] Individuals or groups who suffer as a result of climate-related events may seek to make a claim against companies they deem responsible.”[4]

Company 113

Company Supply Chain Planning Software Modeling Australia 113

Enterra Insights

AUGUST 24, 2023

”[2] It’s no surprise that companies best able to deal with continuing disruptions are best positioned to come out on top. Although there are numerous benefits associated with digital supply chains, companies often take a leap of faith when connecting to third-party vendors. Data Theft/Data Vulnerability. Third-Party Fraud.

Risk Management 246

Risk Management Supply Chain Planning Software Vendor Strategies Supply Chain Software 246

DELMIA Quintiq

MAY 19, 2020

The crisis generated by Covid-19 brought as one of its aspects, the notion of the extension of supply chains and integrated logistics, its impacts on the businesses of the companies, and the lives of people. See more at DELMIA Quintiq Sales and Operations Planning.

Supply Chain Planning Software 294

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Strategy 294

Enterra Insights

JUNE 15, 2023

Journalists Amy McCarthy and Jaya Saxena explain, “It’s likely that the place you shop for groceries every week is owned by one of two companies — Kroger, or Albertsons. McKinsey & Company analysts, Bill Aull , Dymfke Kuijpers , and Daniel Läubli , note, “Changes to the global grocery retail market are happening fast.

Inventory Reduction 245

Inventory Reduction Price Reduction Supply Chain Planning Software Modeling 245

PINC

AUGUST 3, 2020

McKinsey & Co., To fill these gaps, a growing number of companies operating in the consumer sector have adopted the “on-time in-full” (OTIF) delivery metric. According to McKinsey & Co., Ninety-two percent of those companies agreed that an industry standard for OTIF would create value. What is OTIF? Survey Says….

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Enterra Insights

SEPTEMBER 28, 2021

In a previous article, I wrote, “As we struggle to find a way out of the pandemic, companies can help by ensuring their customer experience efforts include the human touch.”[1] As Nechay notes, during the pandemic, the only contact many consumers had with companies was online and, as a result, the world became more digital.

Predictive Analytics Software 162

Predictive Analytics Software Analytics Software Modeling Software Supply Chain Software 162

Enterra Insights

AUGUST 8, 2023

”[2] According to McKinsey & Company analysts, there are six recognized world breadbaskets: Brazil/Argentina, United States/Canada, Northwestern Europe, Northern India, China/Southeast Asia, and Russia/Ukraine.[3] ” McKinsey Sustainability, 18 May 2020. [4] 5] Thomas S. Benson, Ore Koren, and Benjamin E.

Security 130

Security Food Argentina United States 130

Logistics Viewpoints

AUGUST 23, 2021

McKinsey, the global consulting firm, has done research and writing on supply chain collaboration. In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers.

Optimal Sourcing 272

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Modeling Software 272

ToolsGroup

DECEMBER 18, 2018

By now there have been enough successful IoT use cases that McKinsey has been able to undertake a study to better understand what differentiates successful initiatives from struggling ones. McKinsey surveyed IoT executives at companies that have moved beyond experiments and scaled up IoT.

Supply Chain Planning Software 205

Supply Chain Planning Software Demand Planning Software Analytics Software Forecasting Software 205

Enterra Insights

OCTOBER 12, 2021

Companies such as Netflix, Spotify, and Google have started using it, but most businesses lag behind. ” McKinsey & Company analysts, Jacomo Corbo, Oliver Fleming, and Nicolas Hohn, note that reinforcement learning was used in advance of the 2021 America’s Cup yacht races to improve boat design and performance.

Supply Chain Design Software 200

Supply Chain Design Software Optimization Software Forecasting Software Modeling Software 200

The Logistics & Supply Chain Management Society

MAY 28, 2022

Confronted by supply chain disruptions, companies were mired in deep uncertainty in 2021. According to a McKinsey report, supply chain disruptions cost the average organisation 45 per cent of a year’s profit over a decade. 7 Such close collaborations can also reap cost savings for companies. Opinion Editorial by GeTS.

Supply Chain Planning Software 245

Supply Chain Planning Software Predictive Analytics Software Demand Planning Software Logistics Network Optimization Software 245