Supply Chain Shaman

MARCH 9, 2020

With the downturn in the financial markets, the looming recession, and the fundamental shifts in demand—less travel and stay at home work policies—demand is changing. By definition, in the current state, supply chain planners work in a lose/lose environment. While good news travels quickly in an organization, bad news travels slowly.

Supply Chain Design Software 336

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 336

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. This clarity is vital for assessing compliance with internal policies, industry regulations, and ethical standards.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Supply Chain Shaman

MAY 17, 2015

Then it is off to Dallas to speak on Supply Chain Metrics That Matter at the Dallas CSCMP roundtable and complete some more client work. The supply chain is a complex system and these metrics are tightly linked in non-linear relationships. ERP, by definition, does not support planning where uncertainty and volatility is high.

Supply Chain Planning Software 150

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

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Specifically, I will focus on the lack of clear definition of control tower, cognitive computing, connected planning, and concurrent planning. Control Tower.

Supply Chain Planning Software 170

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 170

Supply Chain Shaman

AUGUST 14, 2016

Starting With Definitions. To help, I wrote a few definitions on the board: Demand-Driven Processes. A Demand-Driven Value Network as defined by AMR Research in 2007: A network that senses demand with minimal latency to drive a near real-time response to shape and translate demand. Definition of Outside-In Processes.

Material Savings 195

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 195

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Specifically, I will focus on the lack of clear market definitions of the terms control tower, cognitive computing, connected planning, and concurrent planning.

Supply Chain Planning Software 157

Supply Chain Planning Software Modeling Software Modeling Analytics Software 157

SYSPRO Smarter ERP

NOVEMBER 3, 2021

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Logistics Viewpoints

DECEMBER 1, 2022

3) Immigration policy preventing potential workers from entering the country to fill open jobs like driving. The verdict would have been “definitely nailed it” if we were counting all of the “ML-washing” going on in the supply chain and logistics technology market.

Predictive Analytics Software 201

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 201

Logility

DECEMBER 2, 2020

There is increasing evidence that in addition to a positive reputation, brands that follow and claim eco-friendly policies can charge more for their products. Unfortunately, an industry-accepted definition of a “Green Supply Chain” does not exist. Source: Nielsen Product Insider, 10/20/2018. So how does one build one?

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

Supply Chain Shaman

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. There is a lack of clarity on what drives value and metrics are functional. Inventory is often focused on as a singular metric, not as part of a complex supply chain system. Functional metric orientation. Cross-functional metrics alignment.

Supply Chain Planning Software 226

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 226

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. For clarity, the definitions are: -Strategic Planning: The frequency is either monthly or quarterly and the focus is on long-term planning. Metrics Alignment. They lack cohesion. Many are not.

Supply Chain Planning Software 286

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 286

Supply Chain Shaman

JULY 19, 2015

Benchmarking is a measurement of the quality of an organization’s policies, products, programs or strategies against standard measurements. Let’s start with a definition. A common definition is essential. With the lack of industry standard definition, self-reporting is not very useful. Business Dictionary.com.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Supply Chain Game Changer

JULY 14, 2021

People, planet, and profitability remain the three core pillars to sustainability, but their definitions are becoming broader and their impact upon global value chains more significant. Create a Sustainability North Star Metric. A North Star Metric (NSM) is the center of any growth strategy. Shoot for the Moon.

Optimal Sourcing 98

Optimal Sourcing Procurement Sustainability Material Savings 98

Supply Chain Shaman

JUNE 19, 2013

It comes in many flavors–increase in inventory, changes in sales policies, new product lines– all add to the complexity. 2) Definition of Supply Chain as a Function versus a Way of Doing Business. It will be nice to be home and to have time to write on this second book, Metrics that Matter. Balance Remains an Issue.

Forecasting 276

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 276

Supply Chain Shaman

JULY 30, 2022

Over 90% of companies have a corporate social responsibility policy, but there is no inertia to move to outside-in processes to decrease landfill and waste. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Market Shifts by Industry Sector. Investment in control towers.

Supply Chain Design Software 195

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

Supply Chain Trend

DECEMBER 22, 2023

Introducing Intelligent IBP Let’s start with a definition. This definition should become clear once you go through the principles. The launch of a Decision Intelligence (DI) definition by Gartner later in 2022 further cemented my believe that this new discipline will become mainstream.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Supply Chain Shaman

MAY 21, 2013

Accept the definitions of processes and relationships of the industry. Limit your focus to the current definitions within the hospital or supplier organizations. Buckle to sales tactics and conventional relationships policies. Some helpful reports include: Supply Chain Metrics That Matter: The Cash-to-Cash Cycle.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

LevaData

NOVEMBER 9, 2021

Looking at that traditional “fittest” metric, we would all agree that maximizing liquidity shows good business judgment in times like this. In short, these are the factors that make up the new definition of “fittest.” But we need to redefine what we mean by “fittest.”. What's Most Important?

Agile and Lean Supply Chain 71

Agile and Lean Supply Chain Supply Chain Software Supply Chain Innovation 71

Enterra Insights

OCTOBER 20, 2022

Researchers assign various measures of importance to each of the metrics, sometimes treating them equally, sometimes separating one out of the pack.”[2] erniauskas ( @juliuscern ), CEO at Oxylabs, writes, “Big data is often differentiated by the four V’s: velocity, veracity, volume and variety. They are the four Vs of Big Data.”[3].

Big Data 130

Big Data Data Quality Cost Reduction Strategies 130

EcoVadis

OCTOBER 12, 2018

Increase transparency with better metrics and reporting. Setting up meaningful and accurate metrics and goals, appropriate to the size and sector of the organization, is key for quality reporting, which in the end means more transparency into sustainable progress. Prioritize robust policies and programs.

Supply Chain Design Software 64

Supply Chain Design Software Sustainability Supply Chain Design Supply Chain Software 64

QAD

JUNE 17, 2021

Integrated Supplier Management is a must – manufacturers are still dealing with the effects of the global chip shortage, the Suez Canal blockage, changing trade policies and other global supply and demand disruptions. In the area of supplier management they look at broad-based metrics, such as: What needs to be planned, executed and adapted?

Supplier Management 97

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 97

Supply Chain Shaman

FEBRUARY 27, 2020

Raise your hand and ask for definitions. You might disagree with the definitions, but the first start in your journey of harnessing the power of the dragon is to get clear—and hold technology providers accountable for — a set of consistent definitions. Rules, engines, policies and metrics need to align.

Analytics Software 248

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 248

Supply Chain Shaman

AUGUST 11, 2016

Definition: “Customer - centric is an approach to doing business that focuses on providing a positive customer experience both at the point of sale and after the sale in order to drive profit and gain competitive advantage.” Use channel data and orchestrate supply chain policy to improve outcomes. I am on a mission.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Supply Chain Shaman

MAY 13, 2015

Figure 1: Definition of the Supply Chain Organization. For clarity, let’s start with a definition. The focus is on the definition of business policy. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Supply Chain Shaman

OCTOBER 11, 2012

Too few companies understand the impact of sales policies, product proliferation and the long tail of the supply chain on inventory. Ownership of Inventory as a Metric. In High-tech, there is greater ownership of the “inventory metric” across the organization. By definition, the culture is inventory adverse.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

EHS Sustainability Knowledge at Work

OCTOBER 10, 2018

Beyond keeping investors happy, there are plenty of good reasons why managing datasets, and monitoring and reporting against sustainability-based metrics makes good business sense. The 551 million metric tonnes of CO 2 emissions reductions that were logged by suppliers worldwide via CDP in 2017, led to cost savings of some $14 billion.

Sustainability 56

Sustainability Modeling Software Supply Chain Network Software Data 56

Supply Chain Shaman

NOVEMBER 22, 2015

‘Chin Music’ Definition: Idle Chatter, Idle Talk or Vague Explanations. Try to define customer service policies around these “need states.” ” Examples are lead times, minimum order quantities, type of delivery service, return policies, and ASN documentation. Urban Dictionary. What do I mean?

Supply Chain Design Software 135

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 135

Supply Chain Shaman

NOVEMBER 1, 2015

Dealing with the talent shortage in emerging economies will redefine human resource policies and industry consortia programs. Let’s start with a definition. By definition, it is not outside-in. Cognitive learning and rules-based ontologies will redefine master data management technologies making them obsolete.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 150

Enterra Insights

SEPTEMBER 16, 2019

” They note an MIT survey of apparel companies found vastly differing definitions of supply chain transparency across organizations. performance-based metrics. ” Doing the right thing is always a good policy and, according to Bateman and Bonanni, doing the right thing makes your company an innovator as well.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

QAD

MAY 16, 2019

The assessment also establishes a common definition of supply chain management processes to help organizations: Determine the robustness of existing internal processes. More emphasis on risk management and contingency plans throughout the supply chain including a cybersecurity policy. Benchmark supply chain operations.

Supply Chain Planning Software 99

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 99

Exiger Perspectives

APRIL 3, 2023

The metrics of the Executive Order deem the need for a strong supply chain risk management framework in business ecosystems. Program: Develop and maintain policies and procedures with actionable guidance on how to measure and track indicators of transparency over time. Tactical: Monitor risk indicators continuously.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Material Handling & Logistics

SEPTEMBER 13, 2017

The Institute for Supply Management (ISM) recently released the results of a special survey to assess how Hurricane Harvey impacted six key metrics. Then, the insured will need to carefully review its policy to understand what is covered and what is not.

Negotiating Skills 80

Negotiating Skills Negotiate Pricing Supply Chain Strategy Purchasing Skills 80

Logility

SEPTEMBER 24, 2013

Successful supply chain practitioners always seek opportunities to improve, understand the competitive and regulatory environments are fluid, and improvements in process, policy, practice, performance measures, and technology will continue to present themselves. Measure and understand the right metrics to keep you on the right path.

Eliminating Excel in Purchasing 100

Eliminating Excel in Purchasing Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 100

Elementum

JUNE 30, 2022

Global supply constraints have come from (1) supply-side disruptions like China’s Zero-COVID policy and the Russia / Ukraine conflict and (2) from demand pressure as federal stimulus flooded the market with extra cash in 2020 and 2021. The economy is definitely hitting a period of high volatility.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Supply Chain Shaman

JUNE 8, 2014

I now have a working manuscript for the entire book of Metrics That Matter. Definitely a labor of love, I have pored over digital pages on my laptop for many days. It was before the days of sexual harassment policies, but not before sexual harassment. It appears SO barren from my window in seat 4D. It has been a good week.

Supply Chain Planning 304

Supply Chain Planning Supply Chain Strategy Supply Chain Software San Diego 304

Supply Chain Game Changer

MAY 27, 2020

Chinese policy-making will also affect the calculus of exiting. Rather, companies need to know, definitively, suppliers’ names and exact locations for the factories that manufacture 100% of components that go into their highest revenue-generating products. or where the product “lands”, whether made in the U.S. China’s impermanence.

Price Reduction 132

Price Reduction Cost Reduction Strategies Purchasing Skills Material Savings 132

Enterra Insights

JUNE 17, 2019

William Schmarzo ( @schmarzo ), CTO of IoT and Analytics at Hitachi Vantara, explains he like the definition of data science found in the book Moneyball : “Data Science is about identifying those variables and metrics that might be better predictors of performance.” They are: 1. Get behind the curtain.

Big Data 100

Big Data Data Modeling Software Resource Reduction 100