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I laugh when business leaders tell me that they are going to replace their current supplychain planning technologies with “AI.” Each supplychain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions.
In follow-up qualitative interviews, one of the largest issues with organizational alignment was metricdefinition and a clear definition of supplychain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. What Drives Value?
Technology can change or even improve work. Companies today making a fundamental mistake: they are attempting to automate current processes with AI versus challenging and redefining work. Today, in supplychain planning, this could not be further from reality. What’s missing? This bearish attitude is well-founded.
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supplychain planning market. Last Friday night, Aptean announced a definitive agreement to acquire Logility at $14.30 following the reporting of fourth-quarter results. Is it musical chairs?
If you’re evaluating procurementtechnology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.
Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supplychain resilience. Background The Council of SupplyChain Resilience met for the first time this month. What is supplychain resilience? The reason?
Prior to 2020, every supplychain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supplychain professionals had already realized: uncertainty is the only real certainty. There are Also Commercial Reasons.
Today, we published The SupplyChains to Admire for 2023. Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. I admit it.
Today, supplychain excellence matters more than ever. During the pandemic, the supplychain discussions take new importance. While the supplychaintechnology market lost its allure at the start of the last decade, it is now cool again. The supplychain career is new. Reflection.
When reviewing strategy decks for supplychain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” ” Or “push a shift from a focus on cost to drive value?” As an analyst, I am always searching for answers and clear definitions.
Analytics and business intelligence (BI) are no longer optionaltheyre essential. They integrate, align, and activate data across the business to drive better, faster decisions unlike legacy reportingtools that can’t. Flexible Delivery Options Interactive dashboards, scheduled reports, alerts, mobile access, and more.
Definition of Confirmation Bias. And won’t the supplychain follow suit?” As a developer working on the braking software of an automatic car for the past eight years, he constantly tells me that it is not easy, and all of the estimates are too waaaay too positive. Self-driving supplychains are an example.
Slowly the words take definition in everyday speech. Nine out of ten supplychains are stuck. The secret to unsticking the supplychain is to redesign processes to be outside-in. The secret to unsticking the supplychain is to redesign processes to be outside-in. It takes time. Growth has slowed.
While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supplychain community) to improve value. This is why I host training twice a year to challenge existing technology paradigms. Back to John.
In the vast sea of supplychain information, which SCMDOJO supplychain article truly stands out? Dive into our curated list of the top 12 blogs from 2024 that will elevate your supplychain knowledge and give you a competitive edge. Read In Detail About Procurement Department Here 2.
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supplychain planning became the most important initiative. . Digital Transformation Journey. Going Digital: Creation of the Digital Foundation.
Idiomatic expressions are a type of informal language rooted in meaning that is different from the literal definitions of the words used in the expression. ). In 2004, I worked with a Midwest North American meatpacker to help define its supplychain strategy. Consumers constantly change the mix preferences in purchases.
The supplychain is knotted. Yesterday, @DamarqueViews asked me a question on twitter: “What do you think are the greatest barriers in the adoption of social technology in the supplychain?” I find the evolution of social technologies, and the promise of social, exciting for the supplychain.
Before you react, here are some definitions. Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Designed to lift the profession and celebrate supplychain results, I struggle to find that the methodology supports either objective.
GEP and the North Carolina State University (NCSU) SupplyChain Resource Cooperative surveyed supplychain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supplychain resilience and optimization.
If you have walked in the shoes of the supplychain leader, you are probably laughing by now. In the work, I listen to existing processes to provide feedback, ideate with the team on potential improvement, share advice on the fit of technologies, and network leaders to leaders to gain additional insights. Sounds easy, right?
Autonomous SupplyChains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins. each with discrete plans generated typically in sequential batch runs.
Mobile inventory management is a digital solution that combines a mobile inventory app with cloud-based software to track, manage, and optimize inventory in real-time. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members. Let’s get started!
As businesses become increasingly global, professionals in the supplychain field must keep up with new technologies, trends, and best practices. Summary Table edX SupplyChain Courses vs. SCMDOJO Aspect SCMDOJO edX Focus & Specialization A dedicated platform focused entirely on supplychain management.
“We live in a world where supplychains, not companies, compete for market dominance. But companies often have diverging incentives and interests from their supplychain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”. What Is Value?
The consulting team pitches a theme–vision of supplychain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. Question 1: What drives a Successful Implementation of SupplyChain Planning? The answer is no. How do I know this?
As a supplychain leader, he is struggling how to dance in the ring of fire. The ring of fire is corporate politics at the executive level on supplychain performance. Each executive has a different perspective on the definition of supplychain excellence, but they are never discussed and aligned.
In the realm of efficient procurement management, understanding the various types of procurementreports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.
Last week in the middle of a presentation, a supplychain leader made the statement, “We have solved the issues in supply through better optimization and use of data. Many supplychain leaders are so convinced they know the answers that they have stopped listening and learning. The issue is demand.
In 2012, I published an article on Sales and Operations Technology (S&OP) Maturity. (I I never republished the report, because not enough has changed to warrant it.) The report centers on the concept of moving from inside-out to outside-in technologies. Let’s start with a definition of concurrency.
Is Apple SupplyChain Really the No. Surprisingly, IT research firm Gartner ranks Apple SupplyChain as the best supplychain in the world for 4 years in a row. Without a doubt, Apple Inc is the world leader in Innovation, Branding and Software Ecosystem. 1) Apples SupplyChainModel.
The past couple of years has been a remarkable time for e-commerce as more and more consumers have discovered the digital path to purchase. Across industries and regions, people prioritized essentials and reduced impulse purchases. ” Paving the digital path to purchase (i.e., worldwide in 2020, according to eMarketer.”[1]
” SupplyChain Leader. Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I loved the quote that I captured today in my interview (see above), and I have enjoyed interviews with supplychain leaders like Peter Gibbons.
It’s a holistic approach that blends strategic planning, streamlined processes, and the right technology to transform your warehouse into a well-oiled, profit-generating machine. Here’s what you can expect: A clear definition of warehouse optimization and its core components.
Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supplychain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.
As I participate in technology briefings with vendors, I am trying to piece together the future of supplychain management. I believe that supplychain leaders are in the middle of step change in process innovation driven by not one, but a confluence of technologies. For me it is not clear.
The basic frame of supplychain planning–functional taxonomies for optimization on a relational database–must be redesigned before supplychain leaders can reap the benefit of deep learning, neural networks, and evolving forms of Artificial Intelligence (AI). Let’s start with a basic definition.
The confusion starts when a supplychain leader states the need for improved visibility without a clear definition. Well-seasoned supplychain leaders understand that visibility is a capability not an IT taxonomy. The IT taxonomy for visibility is supplychainanalytics.
. <Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supplychain planning software. Let’s face a hard fact: the supplychain planning market is a mess. Most have purchasedsoftware, but are dependent on Excel spreadsheets.
Integrated Planning: Tight Coupling of Enterprise Resource Planning (ERP) to SupplyChain Planning (SCP). However, what is clear from our recent study of 73 manufacturers using supplychain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied.
At that time, manufacturers talked about customer-centric supplychains, but were afraid to aggressively adopt ecommerce strategies. Aggressively design and test products online and then bring the data into your forecasting tools to predict sales of new products by channel. They were afraid of retail retaliation.
Here, I postulate that the supplychain dragon is data. Supplychain leaders are drowning in data and low in insights. How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. The focus is on growth, but supplychains are not fit for purpose.
Or will companies stumble on the path by mistakenly implementing supply-centric processes and calling them demand-driven initiatives? As a writer of research on demand-driven supplychains for over eight years, I find many amusing. The market shift is towards analytics, but this new market is confusing.
This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa also offers a robust, market share leading, supplychain design solution. Here are my top take-aways from Coupa Inspire.
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