article thumbnail

Side-step Oxymorons to Make Progress in Planning

Supply Chain Shaman

Definitions: Oxymoron: The combination of contradictory or incongruous words (such as cruel kindness) Juxtaposition: The act of placing words or concepts close together or side by side, for comparison or contrast. True innovation is never defined initially by a mandatory Return on Investment (ROI).) Buyer beware.

article thumbnail

Happy Groundhog Day

Supply Chain Shaman

The term network is used frequently, but without definition. In a project that I am currently working on with Georgia Tech, I had a bet that the research assistants would not find a clear definition in the literature. Value networks, like many supply chain terms, are used frequently, but lack definition. Technology Evolution.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Resilience. Really?

Supply Chain Shaman

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.

article thumbnail

The Courage to Jump

Supply Chain Shaman

The term is a spin-off of the “Big Data” work from the open source innovation of the last decade. As shown in Figure 1, only 3% of companies consider themselves innovators. The obstacles for innovators are intense. Innovation Openness. These definitions are shared in an earlier post.)

article thumbnail

5 Early Indicators Your Embedded Analytics Will Fail

Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".

article thumbnail

Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

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?

article thumbnail

Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. Before you react, here are some definitions. Figure 1: Definition of Planning Horizons Wrap-up The supply chain planning technology space is ripe for disruption. As I listen, I struggle. This trend leads to reactive behavior.

Gartner 328