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To build an outside-in model, and use new forms of analytics, we must start the discussion with the question of, “what drives value?” ” Traditional planning models optimize functional processes to improve cost and customer service. You are right. This is an opportunity.
While SAP has had procurementanalytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. This solution provides insights in a much easier way to digest.
Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. ” My problem is that we move through these hype cycles with little accountability for spending and with a major opportunity cost to not redefine work. Or that a focus on cost reduction can actually undermine value creation?)
(NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announced today at its annual Connect customer conference the release of its highly anticipated 2024 Forecasting and Inventory Benchmark Study. However, by 2023, sales growth normalized to just 1% above 2018 levels.
Some industry reports point out reluctance to route January 2025 import volume via east coast ports because of ongoing uncertainty. West Coast Port of Los Angeles reported 27 percent higher container volumes processed in the period from July to September. A published report by Business Broadcasting Network CNBC titled: U.S.
The Ferrari Consulting and Research Group via its Supply Chain Matters blog revisits assumptions included in 2025 predictions and how they are changing with ongoing developments. In our January report we cited The United Nations Conference on Trade and Development (UNCAD ) s December 2024 forecast that global trade was on track to grow 3.3
Proactive communication and agile manufacturing further enhance resilience. Tariffs varying by country, export controls, and evolving compliance rules and restricted zones create additional hurdles for manufacturers. Lack of real-time tracking and analytics gaps can hinder proactive decision making.
Festival related purchases account for a significant amount of consumer demand. The report cautions that risks are tilted to the downside amid elevated policy uncertainty. The United Nations Conference on Trade and Development (UNCAD)s December 2024 forecast reported that global wide trade is on track to grow 3.3
Supply Chain Matters highlights for industry supply chain leaders, strategists, and planners that the latest reporting relative to economic and supply chain wide activity levels points to demand and supply alignment challenges in the weeks to come. Specifically for the United States , economic growth is now estimated to decline to 1.6
Click here to send us your comments Just recently, Gartner itself did an interesting look at what supply chain execs were saying at the Orlando conference as well as a similar event in Europe. lost net about 200,000 manufacturing jobs per year to offshoring. Supply Chain Digest Says. What do you say? The Reshoring Initiative Can Help.
That famous ranking used to be released at a dinner the Gartner Supply Chain Executive Conference in May (now called the Supply Chain Symposium), but this year it was again released in a webinar a few weeks after the conference. lost net about 200,000 manufacturing jobs per year to offshoring. Gilmore Says. What do you say?
He cleared that up at the conference, saying the end date would be mid- to late-June. The framework was unveiled during a Gartner conference in 1998. lost net about 200,000 manufacturing jobs per year to offshoring. In order to help companies decide objectively to reshore manufacturing back to the U.S.
In 2023 our predictions theme called for a year of adaptation, realignment and response to an array of economic and geopolitical forces. They included uncertainty in global markets and the likelihood of regional economic and manufacturing recessionary conditions. That is quickly fleeting. Global growth is projected to be 3.2
This tech provider recently conducted a customer conference and purposely selected Washington, DC for the venue. The notions of continually changing restricted parties or supplier listings require constant updating of information and automated screening needs applied to material purchases or material movements among countries or regions.
That also led Klappich to recently define a new category of software, which Gartner calls a Multiagent Orchestration Platform (MAOP) for managing mobile robots in warehousing and manufacturing. ( lost net about 200,000 manufacturing jobs per year to offshoring. companies are reshoring and foreign companies are investing in U.S.
That in turn is changing how organizations are manufacturing and delivering goods. Manufacturers are getting in on the action as well, splitting shipping costs with competitors to ensure trucks don’t go out half-filled. Create sticky purchasing behavior with customers by offering robust delivery services.
Today I attended the SAP Insider Conference. For the last fifteen years, I attended this conference. I yearn for the years when the SAP Insider conference was larger and full of energy. As a conference attendee, the discussions of digital transformation for me stretches over the period of 1988-2017. The answer?
When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.
While many companies have invested significant time and money over the years to improve their demand, supply, and manufacturing planning capabilities, they have underinvested in workforce planning and optimization, and they’re now starting to feel the consequences. . Abercrombie & Fitch Inc. and L Brands Inc.’s
It was funded by 50 large consumer products manufacturing companies (CPG). In the dawn of e-commerce, conservative manufacturers, anteed up $240 million in four months. In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The stories border on the ridiculous.
A global marketplace is emerging that represents a huge opportunity for manufacturing. But the market is segmented, demanding specialization that will be tough for traditional manufacturers to handle. Technology and Manufacturing: It is a Part of the Cerasis DNA & How we Empower our Manufacturing Shippers.
Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I need it for my conference on September 10th-11th, 2014. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. ” Supply Chain Leader.
Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. There are two buffers in the supply chain: inventory and manufacturing capacity. The reduction of cost and improving asset utilization is usually the charter of the supply chain team. However, it is worth it.
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. It is unlike any other conference.
At this conference, we are excited to share three detailed analyses of corporate performance over the last decade: Performance on the Supply Chain Effective Frontier. Which supply chain metrics correlate to market capitalization by Morningstar sector? Embrace new technologies: Internet of Things, new forms of analytics, mobility, etc.
During the year, I go to a lot of conferences. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Source: Dictionary.com. This makes me yawn.
Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. My conclusion?
That’s how JDA Software’s CEO, Baljit Dail, summarized the feedback he was getting from customers and partners at FOCUS 2015 , the company’s user conference held last month in Orlando, FL, which had more than 2,000 attendees from 30 countries. “It feels like a new JDA.”. The value of IT is in how you use it.
I know that your primary focus is procurement. Or planned orders to purchase orders?) In one of the case studies, a manufacturerreported that they had 1700 employees with the term “data” in their title, but they lacked insights. ” Anna, this blog post is for you. And how do we measure it? (Is
There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Increased supplier performance: reduction in lead times and creating cost reduction as your suppliers are the experts in their respective fields.
However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.
” CFO of a major manufacturer. As a result, I invested in building qualitative survey capabilities and built a database of twenty years of supply chain ratio data (for more on this capability reference the research report, The Effective Frontier and check out our community ). You see it conference after conference.
Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. Almost two decades of reporting. They are not active on conference circuits. The analysis is biased toward large process-based manufacturers in the Gartner network. As I listen, I struggle.
This week, I spoke at the Llamasoft Summercon Conference. The conference was low-key. We laughed, and felt a bit silly, leaving the conference room holding our new furry tchotchkes. So, as I cleared my throat to present at the Summercon conference, I looked into the eyes of over 500 supply chain professionals.
The jobs reduction will save $1 billion this year, Tomé said on an earnings conference call with analysts on Tuesday. Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. The shares fell as much as 7.6
The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.
I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. When my flight canceled, I was en route to the annual AMR conference in Phoenix. The model in Figure 1 became the foundational model for the Gartner S&OP model.
Through the use of social media, you can create more open communication with customers, increase the visibility of your company, improve the demand on your products, utilize cost-effective and time-efficient marketing strategies, lower your operational costs, and enhance your company’s overall productivity.
During the spring, I get to spend a lot of time in airplane(s) attending and speaking at technology confer ences. With the evolution of cognitive learning, cloud-based analytics, non-relational technologies, and streaming architectures, the ERP vendors are no longer the center-piece of supply chain visionaries’ discussions.
I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. They also enable the evaluation of networks for both sales and procurement relationships to optimize the flows upstream and downstream. And, in our Digital Manufacturing Study.
Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. This gives supply chain leaders a false sense of security.
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.
Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. This document is the first legal contract in the operational procurement process.
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.
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