Supply Chain Shaman

JUNE 29, 2014

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.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Supply Chain Shaman

JULY 29, 2013

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.

Supply Chain Planning Software 350

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 350

GlobalTranz

MAY 20, 2015

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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

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.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

Precoro

JULY 16, 2023

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.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Shaman

OCTOBER 11, 2012

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. Ownership of Inventory as a Metric.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? ” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.).

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Data Supply Chain Planning Software 195

Supply Chain Shaman

FEBRUARY 14, 2022

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.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

OCTOBER 8, 2019

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 budget is for a fiscal year with quarter reporting and updates. ————————-.

Supply Chain Design Software 207

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

Logistics Viewpoints

FEBRUARY 2, 2024

The jobs reduction will save $1 billion this year, Tomé said on an earnings conference call with analysts on Tuesday. In some cases, shoppers can send back different items than the ones they bought, return stolen items or claim a purchase never got delivered when it really did. The shares fell as much as 7.6 percent in early U.S.

Cost Reduction Strategies 301

Cost Reduction Strategies Logistics Network Optimization Software Inventory Reduction Manufacturing Procurement 301

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth.

Gartner 221

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 221

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. They also enable the evaluation of networks for both sales and procurement relationships to optimize the flows upstream and downstream. Is it coincidence? I don’t think so.

Supply Chain Design Software 319

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

Supply Chain Shaman

JANUARY 22, 2013

In short, we cannot put a wrapper around ERP, traditional reporting, or traditional fulfillment and call it Big Data, Customer-Centric Retailing or Omni-Channel Fulfillment. It requires new forms of analytics, cloud-based solutions and the design of packaged applications from the consumer back. The focus needs to be on the shopper.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Network Software Analytics Software Modeling Software 257

Talking Logistics

NOVEMBER 10, 2014

That was my opening question to the executives attending last month’s Elemica reveal 2014 Conference in Frankfurt. Ralf Kahre and Patrick Gött began their presentation with an overview of BASF’s Business Process Management (BPM) Operating Model, and then discussed how they applied the model to improve the Purchase-to-Pay (P2P) process.

Optimal Sourcing 207

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

Supply Chain Movement

JUNE 29, 2015

Sustainable Purchasing & Supply Summit 2015. The first UK conference to present an holistic view of sustainable procurement and the role of the supply chain in more responsible business and government. Morning (10am-1pm): What’s New in Sustainable Procurement? Date: 22 September 2015. Venue: QEII Centre, London.

Procurement Analytics 60

Procurement Analytics Sustainability Conference Supply Chain Strategy 60

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Supermarkets, retailers and importers are beginning to lift prices in response to the crises, essentially passing the costs onto their customers. 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.

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

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 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.

Supply Chain Planning Software 150

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

Supply Chain Shaman

APRIL 1, 2015

I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. It will delay my report. It is morning in Orlando. The sun is rising.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

Supply Chain Shaman

JUNE 29, 2016

For example, Infor purchased GT Nexus in 2015; OpenText purchased GXS in 2014, GHX purchased H-Card, LLC today; E2open purchased Terra Technology in May 2016 and Orchestro on Monday. Thoma Bravo purchased Elemica in June 2016. E2open, following a rough 2014, was purchased by Insight Venture Partners in 2015.

Supply Chain Network Software 186

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

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Supply Chain Movement

AUGUST 31, 2016

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.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

Kinaxis

SEPTEMBER 8, 2014

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. The best planning systems are implemented carefully based on conference room pilots and focus on modeling the business. Their words.

Supply Chain Planning Software 261

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

Supply Chain Shaman

MAY 30, 2017

I miss the days of Walter Cronkite reporting the news. However, as I attended the Confluence conference last week with Infosys and spoke to Jabil about their new announcement on supply chain visibility, I softened. And, there is less impact if the purchase is a tactical purchase. I loved the news. Too Many Talking Heads.

San Francisco 170

San Francisco Supply Chain Planning Software Forecasting Software San Jose 170

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Supply Chain Shaman

SEPTEMBER 20, 2015

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.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

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

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. Together, we built this model. The conference will be live-streamed as we discuss five themes: Supply Chains to Admire. Financial Results.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 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. It is unlike any other conference.

Inventory Reduction 150

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

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. She is trying to redefine the industry analyst model to make it friendlier and more useful for supply chain leaders.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Talking Logistics

APRIL 10, 2019

This was not a trivial transition because the software industry, until relatively recently, was long fixated on measuring its health and success by new license revenue (sales of products) instead of customer-centric metrics, such as realization of ROI and payback objectives. Where is Descartes today? Descartes, in short, is alive and well.

Supply Chain Design Software 26

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software 26

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. The success of the emails can be tracked through metrics such as bounce, click-through, and conversion rates.

Supply Chain Visibility 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

Supply Chain Shaman

AUGUST 26, 2015

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.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

GlobalTranz

MAY 6, 2015

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.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

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

ToolsGroup

MARCH 5, 2019

Gartner analyst Debashis Tarafdar says that the large size of a country (like India, China or Indonesia) can mean “significant polarization of population between urban and rural with distinctly different buying capabilities and purchasing preferences.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 159

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.

Supply Chain Planning Software 150

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

Supply Chain Shaman

APRIL 7, 2016

When you think about the product lifecycle from cradle-to-cradle through the moments of truth of purchase, usage, and disposal, what are the opportunities to improve corporate social responsibility? The conference will be live streamed. What is the role of 3-D printing in your future supply chain? Bio-engineering? Customization?

Supply Chain Design Software 150

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