Supply Chain Shaman

JULY 30, 2022

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. Why have we not improved our use of channel data in supply chain processes?” Market Shifts by Industry Sector.

Supply Chain Design Software 195

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

DELMIA Quintiq

MARCH 30, 2023

This is what it’s like for manufacturers with siloed operations that lack visibility—especially in industries with more complex products such as Industrial Equipment. The MCT provides centralized data management capabilities with near-real-time visibility in a unified view of the current conditions in factories and operations.

Manufacturing 156

Manufacturing Real-time Visibility Supply Chain Planning Software Industrial 156

TrackVia

MARCH 25, 2024

They’re the tools that are quietly changing the game across different industries, from construction and healthcare to manufacturing and field services. Or having instant access to important customer data while you’re out in the field, without having to lug around piles of paperwork. One click, infinite possibilities.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

SYSPRO Smarter ERP

MARCH 28, 2024

Data-driven decision making is the process of collecting the data that a company uses, and transforming it into actionable insights. Using data to find patterns, inferences, and insights ensures that your company goals and plans are based on evidence and that decisions made are balanced and objective.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 52

Enterra Insights

AUGUST 20, 2019

There is continued buzz about Industry 4.0 — the nickname adopted for the ongoing fourth industrial revolution. We are at the cusp of a fourth industrial revolution driven by artificial intelligence, robotics, and web services. 1] One element of Industry 4.0 The key to success in the Industry 4.0

Supply Chain Design Software 100

Supply Chain Design Software Analytics Software Optimization Software Demand Planning Software 100

Silvon Software

JULY 22, 2022

Fortunately, applying metrics to multi-source operational information that’s stored and managed in a data hubs greatly minimizes these issues. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market. Our Top 24 Supply Chain KPIs & Metrics.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

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.

Supply Chain Planning Software 171

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 171

Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Unleashed

APRIL 18, 2023

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Logistics Viewpoints

FEBRUARY 14, 2022

ARC’s Industrial Digital Transformation Top 25. The ARC Industrial Digital Transformation Top 25 report highlights the leading manufacturers that excel at integrating digital technology into all areas of their business, fundamentally changing the way they operate and deliver value to customers. The second is sustainability.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Software Report Logistics Network Optimization Software 190

Supply Chain Shaman

JANUARY 2, 2024

I questioned in this time of uncertainty if supply chain leaders will value data-driven content. We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. We speak of data latency, but do not measure the impact on performance.

Gartner 277

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 277

QAD

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Many organizations publish turns data by industry or SIC code to help gauge where you stand against others in your industry. Tracking, Managing, and Choosing Metrics.

Procurement Analytics 103

Procurement Analytics Metrics Inventory Reduction Inventory 103

Supply Chain Shaman

OCTOBER 11, 2023

Or tired from two weeks of road travel… But after twenty years as an industry analyst in supply chain technology, I struggle with why we cannot make more progress in the adoption of technology to make better decisions. Companies have data lakes, but do not use their own data. Attempting to Get Perfect on Imperfect Data.

Supply Chain Planning Software 383

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 383

Supply Chain Shaman

JANUARY 8, 2024

An analysis of improvement, performance, and value of over 500 public companies in 28 industries over a decade. (I However, writing it is a great time to get into industry patterns and think. Working on it over the holiday break, allowed me to spend more time to think about the trends that I am seeing in the data.

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 239

ToolsGroup

MAY 2, 2024

This achievement underscores ToolsGroup’s commitment to excellence and innovation in the supply chain industry. “We Additional Resources: Learn more about ToolsGroup’s industry recognition from customers and analysts HERE. See ToolsGroup’s G2 reviews HERE.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply and Demand Supply Chain Software 156

Supply Chain Shaman

JANUARY 9, 2024

The industry struggles with groupthink. The industry is awash with ex-execs advising companies, speaking at events, and consulting. They are unconscious that they are underperforming their peer group and have not driven industry improvement. The group’s response is, “Are these supply chain metrics?”

Supply Chain Planning Software 292

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 292

SYSPRO Smarter ERP

APRIL 17, 2023

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. The benefits of this integration are clear.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. However, these technologies are poised to give benefits throughout the industry in several other ways as well. We are all in business to be successful and profitable, aren’t we?

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

Enterra Insights

JULY 18, 2023

Such predictions concern governments, populations, and industries. I want to focus on industrial water requirements. 3] When industrial requirements collide with personal requirements, unrest and political action are inevitable. ” For many industries, access to water, like access to electricity, is a matter of survival.

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

GlobalTranz

NOVEMBER 8, 2018

To meet demand, shippers must rapidly ramp up production and move more product, but the industry is struggling. This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Lackluster insight into freight spend and poor freight management controls.

Analysis 151

Analysis Data Forecasting Software Forecasting 151

Supply Chain Shaman

JUNE 7, 2018

Putting a stick in the eye of the industry is hard work. However, most of the data is not a normal distribution. The industry has too many events. To make the argument, let’s look at industry orbit charts in aggregate for the period of 2006-2017 for the apparel and chemical companies. Teams cannot help themselves.

Supply Chain Planning Software 227

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 227

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Consumer Goods.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. The next figure you need to calculate is COGS, which is a metric that relates to the direct costs of a product that a business sells.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

SCMDOJO

APRIL 9, 2024

The Industrial Revolution gave rise to large-scale production and transportation efficiency, which led to the modern logistics landscape that we know today. IoT delivers a data-driven decision-making process that enables logistics managers to make proactive decisions to minimize wasted resources and avoid delays.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Kinaxis

JULY 14, 2014

Supply Chain Metrics That Matter: A Focus on Aerospace and Defense. In Supply Chain Metrics That Matter: A Focus on Aerospace and Defense , Supply Chain Insights benchmarks A&D companies against other industries and dives into data from five top A&D companies over the last decade.

Aerospace 190

Aerospace Metrics Supply Chain Planning S&OP 190

Unleashed

FEBRUARY 12, 2023

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Why is it important to track cash flow metrics?

Procurement Analytics 52

Procurement Analytics Metrics Expense Reduction Inventory Reduction 52

Logility

MAY 7, 2020

Companies across all industries and sizes struggle to make sense of and value from the available mountains of data. Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Exponential Growth in Supply Chain Data.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Supply Chain Shaman

FEBRUARY 1, 2024

I will share insights as we go along) The Word Salad Shuffle In the industry, I feel that there is a lot of word salad–consultants and technologists spinning words with little meaning to drive leads. Optimization engines to improve functional metric performance resulted in an exploding number of planners. Blackhole Automation.

Supply Chain Planning Software 333

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 333

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. Doing so requires access to a vast set of data to understand your current sales and inventory positions, however.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

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. Let me make my point by sharing some financial data using client examples from the last decade. So, I asked the questions, “Is your data forecastable?

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

DELMIA Quintiq

SEPTEMBER 10, 2019

The question that seems to get asked more often than not is to talk about how many industrial applications we can name for machine learning. The training data is collected, processed, and evaluated in a structured sequence of steps to prepare that data for use in the machine learning algorithm.

Supply Chain Design Software 149

Supply Chain Design Software Predictive Analytics Software Modeling Software Industrial 149

Kinaxis

APRIL 4, 2019

Is there a more challenging industry than life sciences? Data first. The goal of the clinical trial challenge is to use machine learning to dive into the oceans of data and find new insights. The goal of the clinical trial challenge is to use machine learning to dive into the oceans of data and find new insights.

Pharmaceutical 249

Pharmaceutical Supply Chain Planning Software Supply Chain Software Supply Chain Planning 249

Supply Chain Shaman

JULY 25, 2021

I find the industry complicit. To make the point, let me share an orbit chart for four industries (reference Figure 1). While some might claim that the industry made progress, the facts show that the industry margin decreased precipitously in three of the four industries shown. 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

FEBRUARY 26, 2024

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. Most of the models are supply-centric with no place to put channel data. ” In Figure 2, I share the difference: Figure 2.

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

ThroughPut

MARCH 27, 2024

Every decision was based on data generated and analyzed by humans. While on one hand, predictive analytics analyzes historical data and market trends for accurate demand forecasting, on the other, customers are being offered personalized experiences based on their preferences, purchase history and behavior.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52