Supply Chain Shaman

DECEMBER 7, 2023

We are not clear on definition. Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. Align on definitions. The reason? The result was restatement.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Supply Chain Opz

JULY 1, 2014

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. So supply chain is definitely NOT the same as value chain. In 1995, companies in automotive industry used Electronic Data Interchange to share information.

Cost Reduction Strategies 271

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 271

Supply Chain Matters

MARCH 4, 2024

As our readers stemming from aircraft industry would likely surmise, such a statement more than implies that Boeing is definitely under the looking glass to undertake significant quality and operational management changes before any notion of being able to ramp-up 737 MAX model production from current levels. All rights reserved.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Sourcing 52

Supply Chain Matters

DECEMBER 13, 2023

Background Within our research arm’s previously published industry and global supply chains predictions advisory published at the start of this year, we predicted that manufacturers would up their efforts this year in restoring more direct control and added resiliency in their direct materials component and outsourced manufacturing strategies.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

Precoro

AUGUST 31, 2023

For instance, they can do so by improving operational processes, making cost-efficient decisions on personnel, initiating work environment changes, upgrading technology, sourcing strategically, and so on. Good cost-saving strategies help companies stay competitive and adjust to the newest industry developments.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Supply Chain Opz

JULY 1, 2014

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. So supply chain is definitely NOT the same as value chain. In 1995, companies in automotive industry used Electronic Data Interchange to share information.

Cost Reduction Strategies 214

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 214

Unleashed

FEBRUARY 14, 2024

Step 3: Production Transporting the raw materials from their source or storage locations to your production facility is a crucial step in manufacturing. Finished goods inventory management software features Finished goods inventory software comes in many forms, with different features for various applications and industries.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Supply Chain Shaman

JULY 13, 2023

No one knows, but in my discussions, business leaders agree that Artificial Intelligence (AI) is here, and the projected impact on supply chain technology looms large sending the industry into very different gyrations. The industry first started speaking of digital in 2012, but today, it is still an amorphous concept. (My What Is AI?

Optimal Sourcing 326

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Planning 326

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Electronic Data Interchange (EDI) does not meet this definition.

Supply Chain Network Software 264

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 264

Supply Chain Shaman

JUNE 21, 2023

Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. ” I believe that the industry is stuck. With more than forty-five years of experience in the industry, I struggle with the lack of progress and the current level of Groupthink. The reason?

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Supply Chain Shaman

FEBRUARY 26, 2024

Shown in Figure 1 is the definition of the layers of outside-in planning. Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. They implemented a simple planning technology with an outside-in channel-centric model (Ship to model definition). Can you describe the outside-in model?

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

Unleashed

AUGUST 20, 2023

There are many definitions for lead time in supply chain management. Material lead time Material lead time refers to the duration it takes for the necessary raw materials or components to be sourced, procured, and delivered to a manufacturing facility or production line so that the manufacturing process can begin.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Shaman

NOVEMBER 15, 2023

When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions. The issue is cross-industry. We can never have great discussions unless we are clear on definitions. What do they have in common? The public markets are nervous. The takeaway?

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

Supply Chain Matters

JULY 25, 2022

The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and Global Supply Chains published at the beginning of 2022. Restoring More Direct Control in Materials Sourcing.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Procurement processes–encumbered by a focus on paperless processing, RFPs/RFQs, and efficient procurement–do not embrace the capabilities and requirements of direct material sourcing. Current State of Visibility. What To Do?

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Supply Chain Shaman

JANUARY 2, 2023

Definition. I find that in the industry, sometimes the basics get lost. Definitions of Planning Horizons. While the term demand sensing is used with abandonment in the industry (often over-used), it is seldom clearly defined. Don’t fall prey to discussions that are not grounded in the basic definitions.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Supply Chain Shaman

JUNE 10, 2021

SAP, the market share leader for supply chain management, lags the industry in delivering decision support and network capabilities for supply chain leaders. The EDI Vans lack multi-tier process canonical (agreed multi-party definitions). We cannot confuse data sharing with the process definition. Value Network Focus.

SAP 219

SAP Supply Chain Network Software Supply Chain Design Software Supply Chain Planning Software 219

Unleashed

AUGUST 28, 2023

The cost of sales metric is most commonly used in the retail and eCommerce industries, whereas manufacturing businesses typically calculate profitability using the cost of goods sold formula instead. Cost of sales examples Cost of sales and COGS are used in different ways depending on the industry a business serves.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

Supply Chain Matters

JULY 19, 2023

Industry Supply Chain Implications As our Supply Chain Matters commentaries have highlighted over the past three years, increased trade and other geo-political tensions among the U.S. and China continue, especially concerning deemed key strategic industries, commodities and industry supply networks. All rights reserved.

China 52

China Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 52

Supply Chain Shaman

APRIL 26, 2022

In this blog, I start with a background on the definition of supply chain taxonomies–those that are the basis of reporting in something like the Gartner Magic Quandrant. I question why companies accept existing taxonomies as a given and challenge bright data scientists to only improve engine outputs within the current definitions.

Manufacturing Procurement 217

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 217

Supply Chain Shaman

SEPTEMBER 22, 2022

While sometimes, I feel like the old lady in the room (many of my contacts are no longer active in the industry), the reception of the content by new supply chain leaders is positive, so I go on even though gray hair penetrates my hairline. ” Let’s start with a definition. ” Miriam Webster. These concepts are new.

Supply Chain Planning Software 405

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 405

Unleashed

JUNE 2, 2022

Having a single source for consumer data provides a unified view of your customer that allows for more precise and personalised customer communications. For smaller companies, it’s important to remember that the omnichannel eCommerce approach will vary according to the business’s industry, market segment and customers.

Omnichannel 97

Omnichannel Inventory Management Software Supply Chain Design Software Analytics Software 97

DELMIA Quintiq

APRIL 19, 2023

With industries under pressure to reduce their environmental footprint, various solutions are being explored. Sustainability in the world of manufacturing Many manufacturers want to do their part in taking responsibility to be sustainable. This applies to both operations and in designing sustainable products.

Manufacturing Procurement 156

Manufacturing Procurement Material Savings New York City Supply Chain Design Software 156

DynaSys

SEPTEMBER 22, 2020

Industrial Symbiosis is a phrase not often used, if ever, in supply chain circles. So what is Industrial Symbiosis? Linear supply chains, by definition, have points of material consumption and points of wastage. The production processes may transcend industries. Feasibility of Industrial Symbiosis. Source: [link].

Supply Chain Design Software 59

Supply Chain Design Software Optimal Sourcing Industrial Industry 59

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

OCTOBER 5, 2021

When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. Four industries–B2B Technology, Aerospace and Defense, Retail Apparel, and Food Manufacturing–grew inventory during the pandemic. Definition of Form and Function of Inventory. The end result? The reason?

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Modeling Optimal Sourcing 256

Enterra Insights

MARCH 1, 2019

Industry 4.0 is the popular name given to the fourth industrial revolution ushered in by the digital age. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] ” Some pundits believe Industry 4.0

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Analytics Software 100

HICX Solutions

MAY 18, 2023

So, sourcing tools for example. As Costas maintains, there is now a growing number of industries and companies that are realizing the benefits of having a centralized, ‘orchestrating’ supplier portal that provides a seamless supplier experience across all or any of the various digital services.  There are different types of networks.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Strategy Strategy Price Mitigation Strategies 52

Talking Logistics

FEBRUARY 18, 2016

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. Freight is unique.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Solutions Purchasing Skills Sourcing Strategies 100

Kinaxis

AUGUST 28, 2017

For supply chains in the aerospace and defense industry, keeping pace with original equipment manufacturers (OEMs) who are dramatically increasing production rates for components, systems and services, is a major challenge. You also need support for the definition of rate-based constraints for virtually any unit of measure.

Aerospace 179

Aerospace Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 179

ToolsGroup

FEBRUARY 7, 2021

On the other hand, of course, as the consumer was not so focused on other industries, we had a slight decrease also there. Let’s say, the fashion industry, who just sell from stores, couldn’t get rid of probably their stock at all. So this is definitely something from the supply side, what is the takeaway?

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Supply Chain Shaman

SEPTEMBER 5, 2022

In Table 1, to help the reader, we share the definition of the form and function of inventory. Definition of Form and Function of Inventory: Source Supply Chain Insights. The first step is to clarify the definition and test our processes. Event Companies Are the Nemesis of the Industry.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

SCMDOJO

JUNE 21, 2023

While implementing SCaaS poses challenges, it has demonstrated its effectiveness across industries, fostering company growth, cost reduction, and leveraging cutting-edge technology. Furthermore, industries such as food, hospitality, construction, infrastructure, and even government sectors are gradually adopting SCaaS for improved outcomes.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

DELMIA Quintiq

AUGUST 15, 2023

It plays an important role in the transportation industry as a greener alternative to travel. There is no doubt that the rail freight industry offers a sustainable alternative to highway transport, with a single freight train able to move the equivalent of over one hundred trucks. How does it achieve this?​​

Rail Software 156

Rail Software Sustainability Optimal Sourcing Sourcing Strategies 156

Enterra Insights

DECEMBER 1, 2022

According to the CBF analysts, there is no single, accepted definition of regenerative agriculture. They write, “Regenerative agriculture has been defined in many ways, and its definition continues to evolve with time, practices, research, and new information. What is Regenerative Agriculture? ”[2].

Company 231

Company Manufacturing Procurement Supply Chain Planning Software Biotech 231

Supply Chain Shaman

AUGUST 24, 2020

In short, the market is confusing, but more importantly, there are no leaders driving the industry forward. Start With Definitions. To begin any discussion in this market, the buyer should start with definitions. Definitions. The industry will only move forward if business leaders take action. It is a messy market.

Supply Chain Network Software 326

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 326