Supply Chain Shaman

AUGUST 20, 2023

Functional Optimization Tightly Tied to Enterprise Resource Planning (ERP) Improves Balance Sheet Performance. The problem is that only 20% of data surrounding the supply chain is used, and in a variable world, market data trumps an ERP signal.

Optimal Sourcing 308

Optimal Sourcing Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 308

Supply Chain Shaman

OCTOBER 13, 2022

Investments in Data-Driven Capabilities May Not Yield Better Decisions. I also heard Michael Lewis, author of Moneyball, speak on using data to improve the odds of player selection in Baseball. I also heard Michael Lewis, author of Moneyball, speak on using data to improve the odds of player selection in Baseball. The reason?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Supply Chain Shaman

OCTOBER 31, 2022

In my lifetime, I watched business leaders invest in Y2k, eBusiness, Big Data, Social Commerce, and Digital Supply Chains. Companies achieve resilience by delivering consistent balance sheet results in the face of demand and supply variability. Investments come in waves. The net result? Now the chase is on for Web 3.0.

Cost Reduction Strategies 217

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 217

Supply Chain Shaman

JULY 25, 2021

of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets? Enterprise resilience–the ability to have consistent balance sheet returns despite market volatility– decreased starting in 2014. How could the industry spend 1.7%

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

SEPTEMBER 4, 2017

Over the course of the last quarter, with the help from Cloudera, we built a data lake of with data from 1449 public companies. We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. We are not sure why.

Supply Chain Planning Software 169

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 169

Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. There is just no way to get access to sufficient data to do the evaluation. In Table 1.

Gartner 203

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 203

OptiProERP

FEBRUARY 8, 2024

Sheet Lamination: Sheet Lamination comprises Laminated Object Manufacturing (LOM) and Ultrasonic Additive Manufacturing (UAM) technologies. At the same time, UAM employs ultrasonic welding to join thin metal sheets, offering versatility with metals like aluminum, stainless steel, and titanium.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). The charts and data get boring pretty quick.) The reason?

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 369

Supply Chain Shaman

SEPTEMBER 9, 2014

It is the end of a two-year research project, and identifies which publicly held companies outperformed their peer group on balance sheet results. Here we share the answers to the questions that we get the most often about this research: What is the source of data? As a result, you will not find 3M or GE in the data.

Pharmaceutical 274

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 274

Supply Chain Shaman

JUNE 7, 2021

My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. Initially, I worked with Arizona State statistics professors and graduate students to correlate market factors to 2006-2012 data.) I did not think that anyone had a clear definition of supply chain excellence.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Logistics Viewpoints

APRIL 18, 2022

And a hack does not just mean data is stolen, it could be critical information is held hostage or destroyed. An accompanying fact sheet had several best practices companies should follow. Further, taking down a public cloud like these would compromise hundreds, or even thousands of companies, core data. Detection and Response.

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 264

Enterra Insights

FEBRUARY 7, 2023

Based on data from National Geographic, the U.S. Robbie Couch , a Content Production Manager at Accelerate Change Network, writes, “Considering the two largest ice sheets on earth — the one on Antarctica and the one on Greenland — extend more than 6 million square miles combined … yeah, we’re talkin’ a lot of ice.”[3]

Predictive Analytics 130

Predictive Analytics Analytics Software Manufacturing Procurement Predictive Analytics Software 130

Supply Chain Shaman

AUGUST 12, 2020

Now in its seventh year, in the analysis, I learned a lot about the impact of supply chain choices on balance sheet performance: -Not Straightforward. Each company defines supply chain organizations slightly differently and balance sheet progress requires the management of a balanced scorecard in a complex, non-linear system.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Shaman

JANUARY 2, 2023

The question was, “How can I redefine demand planning processes to use channel data?” They believed that retail data would help consumer products companies (which I agree with in concept) and that the retail forecast can be closely coupled–tightly integrated– to drive a better signal (which I disagree with).

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

Kinaxis

MARCH 19, 2019

by Richard Cushing In part one of my inventory management best practices series I argue that inventory cannot be managed until it is controlled, and present the notion our general willingness to apportion blame upon unreliable data from enterprise resource planning (ERP) systems is misplaced. This isn’t because the ERP system is flawed.

Inventory Management Software 245

Inventory Management Software Inventory Management Inventory Reduction Inventory 245

Supply Chain Shaman

DECEMBER 28, 2020

My goal is to convince you to ground supply chain processes and technology implementations in data analysis while tying the results to the improvement in corporate performance. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. The reason?

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Enterra Insights

NOVEMBER 28, 2023

… As the effort continues to mature, DOT will work with the Department of Agriculture (USDA) to increase data transparency for containerized shipments of agricultural products in the United States, efforts that can help producers and sellers avoid disruptions that can increase food prices.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Strategy 130

Supply Chain Shaman

SEPTEMBER 24, 2017

There is a belief that investments in technology, processes and talent improves balance sheet results and organizational agility. Our observation is that while projects drive pockets of improvement that it is difficult for the supply chain team to impact the balance sheet. What defines supply chain excellence? It took us four months.

Cost Reduction Strategies 195

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 195

Supply Chain Shaman

JUNE 24, 2022

A focus on functional metrics degrades balance sheet performance. The data is available. The further back in the Company’s supply chain, the more critical the modeling of consumption data. So, I asked the group why they were not modeling the market using consumption data. My takeaway? The reason I laughed?

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 366

ivalua

JANUARY 30, 2023

Below, we list a few high-level actions to get you started: Establish a strategy to generate reliable Scope 3 emission data based on categories and spend. It will require a combination of 3rd party data (from sources such as Exiobase, Ademe, CDP, etc), supplier data and spend data (e.g., POs, and invoices).

Procurement Analytics 130

Procurement Analytics Waste Reduction Vendor Strategies Optimal Sourcing 130

ivalua

JANUARY 30, 2023

Below, we list a few high-level actions to get you started: Establish a strategy to generate reliable Scope 3 emission data based on categories and spend. It will require a combination of 3rd party data (from sources such as Exiobase, Ademe, CDP, etc), supplier data and spend data (e.g., POs, and invoices).

Procurement Analytics 130

Procurement Analytics Waste Reduction Vendor Strategies Optimal Sourcing 130

Bulk Connection

MARCH 26, 2020

When a logistics provider is contacted to transport a chemical product, the first thing the provider will ask for is the chemical’s Safety Data Sheet (SDS; formerly MSDS or Material Safety Data Sheet).

Chemicals 52

Chemicals Data Shipping Transportation 52

Logistics Viewpoints

OCTOBER 27, 2021

I decided to review the container throughput data on the four largest West Coast ports to get a better sense of changes in volumes and the degree to which each port supported the West Coast container volumes. Source: Ports of LA, Long Beach, Oakland, Seattle-Tacoma. This is a conceptual agreement that will take time to put into action.

Long Beach 201

Long Beach Los Angeles Oakland Seattle 201

Supply Chain Insights

SEPTEMBER 9, 2014

It is the end of a two-year research project, and identifies which publicly held companies outperformed their peer group on balance sheet results. Here we share the answers to the questions that we get the most often about this research: What is the source of data? As a result, you will not find 3M or GE in the data.

Pharmaceutical 179

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 179

Supply Chain Shaman

OCTOBER 11, 2012

Have the early adopters of inventory optimization seen a reduction in inventory on their balance sheets?” However, through this period, I did not have the access to financial balance sheet data to judge if the companies that were deploying the technologies were making an impact on the balance sheet. I am optimistic.

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

Supply Chain Shaman

NOVEMBER 7, 2017

the Internet of Things, Cloud, Cognitive Computing, Blockchain, Additive Manufacturing, Robotics, and open source/big data analytics. My recommendation is to break down the problem into requirements for inputs, engines, outputs, user interface, scenario planning, and data model fit. The data models, flows, and inputs are different.

Supply Chain Planning Software 317

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 317

Taulia

FEBRUARY 23, 2022

And, at least for the short to medium term, accounts payable is one area of the balance sheet for which forecasting can be particularly valuable. Within the balance sheet, accounts payable and accounts receivable are two items that have a particularly large impact on both current working capital levels and projected future cash availability.

Forecasting 52

Forecasting Forecasting Software Modeling Modeling Software 52

Supply Chain Shaman

JUNE 26, 2017

However, we know from our research that efficient silos do not deliver the highest levels of balance sheet performance. You will actively see speakers touting progress excellence, even to the point that others see them as a bit cocky, but you will seldom see the sharing of balance sheet performance against peer groups. The reason why?

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

Logistics Viewpoints

MAY 8, 2023

The data is there,” Mr. Botha said, “they use it for shift planning, they use it for payroll, they use it for all sorts of things, but it’s just not being used in planning.” But in most cases, if a consultant knows where to look, an expensive time and motion study is not necessary. But supply chain planning technology is getting better.

Supply Chain Planning Software 196

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 196

ToolsGroup

MAY 11, 2020

The data from these sheets, which could be outdated by as much as six months, was then manually imported into an ERP system and used to drive ordering and stocking levels. Lacking the right tools for the job. These demand-centric blind spots limited Nordco’s ability to calculate the effects of supplier and delivery performance.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Supply Chain Planning Procurement Solutions 156

QAD

NOVEMBER 26, 2019

Since fixed assets show up on the balance sheet, inaccuracies or misstatements can lead to audit failures including SOX. . Unfortunately, maintaining fixed asset accounting data and accurately reporting the asset side of the sheet is not simple. The Fixed Assets Accounting Challenge.

Asset Management 145

Asset Management Manufacturing Procurement Modeling Software Supply Chain Design Software 145

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. This makes sense as it can be the most significant asset on the Balance Sheet.

Optimal Sourcing 105

Optimal Sourcing Inventory Management Software Inventory Management Optimization Software 105

Operations and Supply Chain Management

JUNE 5, 2023

The strategic consulting firm gathered the data from corporate disclosures for the 1,000 biggest U.S.-based The companies took 57 days to make the payments in 2022, down 8% from the previous year, according to a new report from Hackett Group. based nonfinancial companies by revenue.

Negotiating Skills 52

Negotiating Skills Supply Chain Software Supply Chain Buyer Training 52

Kinaxis

MARCH 28, 2019

The accompanying figure (below, right) shows sample data displaying component items (from BOMs) and their usage. So, in our example, 12-gauge 4-foot by 10-foot sheets (ItemID = 12GA-48X120 ) of metal are consumed in nearly 30 percent of all manufacturing BOMs. percent of—products for this example operation). This is unfortunate.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Planning Supply Chain Scenario Planning 203

ToolsGroup

DECEMBER 17, 2020

Cloud architectures led by Amazon, Microsoft and Google are already evolving to facilitate application integration and data capture from the physical supply chain to update what Gartner defines as the digital supply chain twin. Players like Microsoft, Adobe and SAP are also leading the design of such common data models of reference. .

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

Adexa

AUGUST 3, 2020

As Gartner correctly says “The digital supply chain twin is built from granular data to form a dynamic, synchronized, real-time and time-phased representation of the various associations between the data objects and entities that ultimately describe and make up how the E2E physical supply chain integrates and operates.”.

Modeling 105

Modeling Optimization Modeling Modeling Software Gartner 105

Enterra Insights

MAY 2, 2022

Data-sharing and Supply Chain Operations. If experts agree that data-sharing is a good idea, you might wonder why some stakeholders have concerns about the FLOW initiative. Where are the actual industry leaders in supply chain data?” I know from experience that proprietary data isn’t shared easily. ”[2].

America 130

America Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 130