Supply Chain Shaman

OCTOBER 11, 2012

Procter & Gamble and Kimberly Clark); but for most companies that I have worked with, I see that they have purchased and implemented inventory technologies, but there has not been an impact on future years results in either Days of Inventory or Days of Working Capital. You see it conference after conference.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. Companies balance supply chain metrics better in good times than bad. Growth in car buying stimulated the value chain. 2) Focus on a balanced portfolio of metrics. Most are treading water.

Inventory Reduction 199

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 199

Supply Chain Shaman

OCTOBER 29, 2020

If the word collaboration was listed on a card as a drinking game at supply chain conferences, we would be drunk at many. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Here I share perspective on cash-to-cash abuse. My takeaway?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

Supply Chain Shaman

NOVEMBER 9, 2014

This team is not buying the message. So much so, that three years ago, I founded a research company to focus on understanding supply chain excellence. This starts by clearly defining the roles of each function, and then focusing the cross-functional teams on the same metrics. “Lucky me,” I thought, and smiled.

Manufacturing Procurement 318

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 318

Supply Chain Shaman

JUNE 16, 2014

I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. Next week I will be speaking at the Llamasoft Summercon conference (follow this link to see the slides). I would build an expertise system in the Supply Chain Center of Excellence.

Supply Chain Design Software 319

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 319

Talking Logistics

NOVEMBER 10, 2014

That was my opening question to the executives attending last month’s Elemica reveal 2014 Conference in Frankfurt. Several customers addressed those questions in excellent case study presentations: Dr. Bernhard Herzog, Oxea GmbH – “Business Impact of a Supply Chain Operating Network”. Improve process quality for vendors and BASF.

Optimal Sourcing 207

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 207

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The design of the conference includes tours of several modern warehouses and centers of excellence. The River of Demand. #3

Supply Chain Design Software 207

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 207

Supply Chain Insights

JANUARY 18, 2018

I writhe in my seat at most conferences and count the number of times the word “digital” is used in presentations. 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 not sure why.

Prescriptive Analytics Software 197

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

Supply Chain Shaman

AUGUST 14, 2016

As we discussed this drawing the dialogue flowed in the conference room. 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. .” I drew the picture shown in Figure 1.

Material Savings 246

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 246

Supply Chain Shaman

MAY 2, 2016

During the spring, I get to spend a lot of time in airplane(s) attending and speaking at technology confer ences. With the rise in complexity, most Supply Chain Metrics That Matter are going backwards (inventory turns, ROIC, operating margin and growth). Avoid buying software from a consulting company. They are very different.

Supply Chain Planning Software 150

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

Supply Chain Shaman

FEBRUARY 14, 2022

When my flight canceled, I was en route to the annual AMR conference in Phoenix. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Organizations can align to drive value despite the allegiance to functional metrics. For validation, listen to the ongoing Q1 and Q2 earnings calls.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

SEPTEMBER 20, 2015

During the year, I go to a lot of conferences. How do they buy from you? How do they buy from you?” When I hear them at a conference, I squirm uncontrollably in my seat. Both improvement and performance define supply chain excellence. Source: Dictionary.com. Why does it matter to you? This makes me yawn.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. At Supply Chain Insights , this is our passion.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Kinaxis

SEPTEMBER 8, 2014

They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. The issue is that none of their IT investments in the last 10 years have moved the needle on operational metrics such as inventory levels, case fill rates, and other operational metrics. Their words.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

Supply Chain Shaman

JUNE 29, 2016

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. This is a missionary buying market where taxonomies and technologies are not clear.

Supply Chain Network Software 186

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 186

The Logistics & Supply Chain Management Society

APRIL 26, 2022

According to the Conference Board, despite lockdowns and COVID-19 related restrictions, consumer confidence in Asia rose in the last quarter of 2021 to 128 points from 126 points. Brand loyalty is no longer the driver for consumer purchasing decisions. As a result, consumer behaviour is likely to become more and more unpredictable.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Shaman

SEPTEMBER 3, 2015

Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. More and more companies purchasing inventory technologies, but failing to give planners time to plan. Buying the technology and not having clear processes and accountability does not help. However, it is worth it.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

OCTOBER 10, 2017

AGCO was honored to receive the AME 2017 Excellence Award. AGCO envisioned employing a 3×3 training metrics: every operation would have 3 people able to execute it, and every person would be able to do 3 operations. While many companies implement traditional buy/sell strategies with technology providers, Agco chose to partner.

Supply Chain Design Software 170

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 170

Supply Chain Shaman

JUNE 6, 2015

In my role as an industry analyst, I have been lucky to attend many great conferences and hear wonderful speakers. One of my favorite speeches, over this fifteen year tenure, was listening to Alan Greenspan at the AMR Research IT conference in November 2006. It requires the early adopter and visionary. Reflections. I was a skeptic.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Talking Logistics

APRIL 12, 2017

Which is why a drone took flight from the stage during Ryan’s keynote address at the Descartes Evolution 2017 Conference a couple of weeks ago and broadcast real-time video of the audience as it flew across the front of the hall. Logistics Excellence: Now & in the eFuture. Will this include drone deliveries?

Supply Chain Planning Software 144

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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. How easy is it to buy from your company? The conference will be live streamed.

Supply Chain Design Software 150

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

Supply Chain Shaman

AUGUST 26, 2015

The inherent buying patterns of consumers are also changing. Purchases in the center store of the grocery store are in decline, and apparel tastes are shifting. By building demand management processes to focus on channel movement, companies can cut demand latency and model independent demand–customer purchases.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 98

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Supply Chain Network

DECEMBER 14, 2013

Speaker(s): Rob Bass, Vice President, Distribution, Best Buy Co., Learn how these retailers determine key metrics for the stores and for the Executive team, and how they measure and improve efficiency in order to better serve their customers. Achieving Supply Chain Excellence in a Dynamic Era. Jeff Ashcroft.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

Supply Chain Shaman

NOVEMBER 14, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Kinaxis

JULY 19, 2016

They expect to be able to make purchases and receive service in that same lightening quick timeframe. All three presented great keynotes at this year’s Gartner Supply Chain Executive Conference, and all three said the same thing. And that need for speed extends beyond just gathering facts on the information highway.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Network Software 100

Supply Chain Shaman

AUGUST 3, 2016

Remember, as you listen to the pitches in a conference room with pretty powerpoint(s), remember that each person pitching you the nirvana story is heavily incented to sell the service.). Buying From the Same Vendor Improves Integration. Lora believes that we are never too old to learn or push for supply chain excellence.

Supply Chain Planning Software 150

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Supply Chain Movement

AUGUST 31, 2016

Launched in 2014 and brought to you by the eWorld Procurement & Supply team, The Procurement Summit will provide senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

BlueYonder

MAY 18, 2023

I wanted to learn more about supply chains, so recently I attended Blue Yonder ICON 2023 , a three-day conference, where practitioners and decision-makers exchange insights on the future of global supply chains. This event is put on by Blue Yonder, which is the leading supply chain software company.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Supply Chain Network Software 88

Supply Chain Shaman

MARCH 15, 2016

However, visibility of channel relationships–customer orders and consumption/purchase–in the demand network, or the use and consumption of materials in the extended supplier network, is an ongoing issue. The processes are largely batch, using data with great latency (orders and purchase orders). The solution failed.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

BlueYonder

NOVEMBER 30, 2012

At a recent industry conference, I asked my 80-plus audience to raise their hands if they were “OK” with the current status of their performance measurement governance practices – including Metrics Identification, Measuring, Tracking, and Controlling. Only three managers raised their hands. Lack of consistently clean data.

Agile and Lean Supply Chain 53

Agile and Lean Supply Chain Lean Government Waste Reduction 53

Supply Chain View from the Field

OCTOBER 4, 2015

I am speaking at the Zycus Horizons conference this week, being held at the Reynolds Plantation in Georgia. As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Predictive Analytics Software Optimal Sourcing 60

Provenance

OCTOBER 1, 2018

At Provenance, we envision a future where every great product comes with accessible, verifiable information about the people, places and materials behind its creation, helping us all make positive choices about the things we buy. Ensure accurate reporting of key daily metrics to optimise outreach. More on our mission here.

Supply Chain Planning Software 40

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Supply Chain Trend

NOVEMBER 14, 2016

Sean is a renowned business transformation expert whose work on disruptive technologies and the impact they will have has led to him being sought after keynote speaker at conferences, corporate events and universities. Sean : In my experience, it comes down to a number of factors. By far the most prevalent is lack of clear ownership.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Resource Reduction 60

Alloy

JUNE 25, 2019

At the recent Gartner Supply Chain Executive Conference , one of the standout sessions was “The Penalty Conundrum?—?Suppliers If a shopper chooses a different brand or not to purchase at all because a product isn’t available, it’s a lost sales opportunity. Ask ‘how do I align my metrics with [Walmart]?

Alloy 40

Alloy Procurement Analytics Supply Chain Software Gartner 40

Alloy

SEPTEMBER 13, 2021

It’s no accident that Moose Toys was awarded Walmart Toy Supplier of the Year at the retailer’s annual supply chain conference earlier this year. Alloy: What are the key success metrics you look at with your Walmart buyers? For the buyers, item in-stocks continue to be a major metric that they evaluate daily.

Alloy 52

Alloy Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy 52

NC State SCRC

DECEMBER 28, 2015

In other words, many supply chain and purchasing solutions looks at historical transaction activity (what happened in the past and is captured in our ERP systems). This is a radical representation, as it requires thinking that the key performance metric in this case is agility and responsiveness to customer and technological change.

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40