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Sorting through this to make a decision on a new planning solution at this time is tough. For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? Supply chain excellence should be about driving value.
In 2012, when I started Supply Chain Insights , I believed that I could revolutionize the purchase of supply chain planning solutions by initiating a rating and review process across trading partners. Business leaders see the open sharing of feedback on software as too risky. How can I improve the process of software selection?
Building a software company is hard work. Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. The homework is to bring a list of the data that you think could drive better decisions to the conference and ask the technology company for insights on how to best use different forms of data.
Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. In 2004, I worked with the client to help define specifications and shortlist potential solutions. The volatile meat market changes daily.
The solution solved a relevant industry issue. In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. Transora had a short history. Clear governance.
Raja Hammoud, EVP of Products at Coupa, speaking on the main stage at Coupa Inspire Coupa recently completed its Inspire conference. This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. That has recently changed.
<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Get a cup of coffee. This is a long post. <Bear
Founded in 2000, Steelwedge was an innovator in Sales and Operations Planning (S&OP) and was an early provider of cloud solutions for supply chain. I asked him over and over, “Is the market ready for a solution for JUST Sales and Operations Planning?” The supply chain management software market had soured.
This week, I spoke at the Llamasoft Summercon Conference. The conference was low-key. The attendees were sitting on the edge of their seats to hear about the next release of Llamasoft software. We laughed, and felt a bit silly, leaving the conference room holding our new furry tchotchkes. The theatre was packed.
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”. How are companies using SCONs in the real world?
I know that your primary focus is procurement. The issues are largely rooted in politics and the lack of clarity on supply chain excellence. Or planned orders to purchase orders?) I observed companies use the beer game as an educational tool or a social networking activity. ” Anna, this blog post is for you.
I need it for my conference on September 10th-11th, 2014. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Which metrics do you think matter to supply chain excellence? I am behind. The heat is on. No backing out.
Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. They are not active on conference circuits. Today’s risk management solutions focus largely on supply sensing and early alerting. These are three very different solutions.)
(I sometimes wonder if I should create a new class of technologies for the network design tools because they have changed so much.) These tools allow us to look at sell, source, make, and deliver together. Next week I will be speaking at the Llamasoft Summercon conference (follow this link to see the slides). Is it coincidence?
There, he navigated the complexities of the fuel desk, advising drivers nationwide on Comdata issues, optimizing purchase orders, and leveraging tax advantages. Excelling as an inside sales manager, account manager, and mentor, he led a broker team to achieve a monumental revenue goal of $40 million.
We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?
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.
Most supply chain organizations recognize that their ERP solution does not deliver the functionality that they need to effectively model and plan their supply chain. So selecting a good planning softwaresolution is critical and can drive significant value to the business. So buyers got burned. It is not a transaction system.
The process generally involves placing a purchase order with a supplier that says ‘Please deliver to us a cooling system to the attached specification’,” explained Ms. However, prior to implementing their current solution from Axit, this was all done via Excel spreadsheets, as Ms. Hennecke explained: “It was very challenging.
So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services.
Prior to BGSA Holdings, Ben founded 3PLex, the Internet solution enabling third-party logistics companies to automate their business. 3PLex was then purchased by Maersk. Delivery software and service companies like Delivery Circle are helping companies leverage technology to make local delivery service more efficient and profitable.
Three years ago, after attending a conference focused on AI, machine learning, and control towers, Sam McCartt, Vice President of Supply Chain Planning at Comcast returned to the office and was immediately confronted with a stark reality. In construction materials, implementation began with purchasing to resolve delays in field projects.
During the spring, I get to spend a lot of time in airplane(s) attending and speaking at technology confer ences. Software maintenance costs are rising for the CIO. In parallel, the traditional software vendors are struggling with the Innovators Dilemma. Consulting and software are very different business models.
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.
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. The solutions evolved from different funding models.
by Bill DuBois I recently attended the LogiPharma conference in Princeton, NJ to hear a number of speakers give their thoughts on the state of the pharmaceutical supply chain. There was agreement among many at the conference that pharma is a bit behind the high tech and automotive industries when it comes to supply chain efficiencies.
During the year, I go to a lot of conferences. How do they buy from you? How do they buy from you?” I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In When I hear them at a conference, I squirm uncontrollably in my seat.
Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” There are too few people in the world who are really knowledgeable about inventory management softwaretools. However, let’s face facts.
The key point is that I have spent a lot of my working life focused on the value generated by more advanced planning solutions. They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. However, excellence in corporate planning matters. She states that.
Cost reductions in food manufacturing can be achieved by using food manufacturing software that improves ordering processes and minimises overstocking of expensive raw ingredients. The right software will also improve operational processes, boost warehouse efficiency and reduce waste. Working with fresh food.
At the COP26 climate conference in 2021, more than 1,000 companies committed to adopt targets to reduce emissions in line with the Paris Agreement goals. As a leading energy and urban solutions provider, Sembcorp has more than 5.7GW of renewable energy portfolio across key markets such as Singapore, Vietnam China, India and the UK.
My goal in this blog post is to answer a series of questions I got from the audience when I spoke at a couple of conferences this week. Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. A strong center of excellence tied to network design is essential.
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. Software planning was in the middle of a hype cycle. Reflections.
The past few weeks have seen several different conferences in Supply Chain but the stand out last week was certainly the Gartner Supply Chain Executive Conference (GSCES) in London. And so there was no shortage of cloud vendors at the conference this year. Trade numbers don't reflect that.
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
As companies struggled to respond to increasing business complexity—a growing number of products, channels, and markets with regional preferences—few software applications were equal to managing channel complexity. Replatforming Current Planning Solutions. This week, I was at Informs Analytics Conference. Guess what?
The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Automation.
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 softwaresolution to keep track of how your marketing strategies perform.
Prior to BGSA Holdings, Ben founded 3PLex, the Internet solution enabling third-party logistics companies to automate their business. 3PLex was then purchased by Maersk. Delivery software and service companies like Delivery Circle are helping companies leverage technology to make local delivery service more efficient and profitable.
2012 is the 30 th anniversary of supply chain management, but we still do not know what defines supply chain excellence. This will be an evaluative framework to help buyers of technology make better decisions on the purchase of supply chain software and consulting services. Supply Chain Insights will have the Voice.
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. But more advanced supply chain softwaresolutions are enhancing collaboration avenues.
No Purchase Orders were used. VMI is an excellent option for many dealers and distributors as it has the ability to increase inventory turns, reduce customer returns, reduce administrative costs and reduce lost sales. Software to Manage Vendor Managed Inventory. We only paid for fasteners as we used them.
Parents got notifications that school was cancelled, employees got notice to stay home, the world started buying most of their goods online, and the global supply chain did a collective * gulp. We’ve had many ups and downs since March of 2020, but one up that has continued its upward trend, is e-commerce purchase volume.
The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. Definition: Solicit your suppliers to come into your company to assist you with Supply Chain Cost Reductions, and other important issues, rather than your suppliers soliciting your purchasing dollar.
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