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In a recent research project, we found that 2/3 of companies had a digital supplychaintransformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation.
For over a decade, since founding SupplyChain Insights in 2012, I have pounded the keyboard, asking business leaders to think more holistically about the impact of supplychain decisions on the firm’s value, the improvement of a value chain, and the impact on the environment. Thirteen years. Change is Hard.
In supplychain management context, they has demonstrated the operational excellence that leads them to the supplychain hall of fame. During 1990s, he noticed that many Japanese companies who were the leaders in the analog technology hesitated to adopt the digital technology.
The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Over the past three years, supplychain cycles shifted.
Currently, LinkedIn is flooded with smiling pictures of supplychain business leaders attending conferences. SupplyChain Center of Excellence Let’s start with a discussion on SupplyChain Centers of Excellence. I know, a SupplyChain Center of Excellence sounds like a good idea.
The decision support technologies that we use today–price management, trade promotion management, network design, supplychain planning, transportation planning, supplier risk management–are on the cusp of redefinition through new forms of analytics. A hype cycle starts with a technology trigger. Definitions.
Supplychain shortages abound. The supplychain impact is unprecedented. In our recent survey on analytics, today 74% of companies are attempting to improve supplychain visibility (as shown in Figure 1). Projects Being Implemented as Part of a Digital SupplyChainTransformation Project.
Definitions: Provocateur. In a digital transformation, the challenges are many. It starts with the lack of a clear definition. Or agreement on the definition of supplychain excellence. Sometimes, even the definition of a supplychain is not clear. What Is A Digital Transformation?
This week I spoke at an SAS Global Analytics Summit on the connected supplychain. In my view, the connected supplychain is very, very different from the integrated supplychain. This was in the heyday of Enterprise Resource Planning (ERP) technologies. Some History. I fought a hard fight and lost.
Because predicting the future is difficult, organizations shouldn’t think future-proofing their supplychains is going to be easy. ”[1] It’s clear from his statement that he believes “future supplychains” need to be substantially different than today’s supplychains. .”[1]
Driving a supplychaintransformation? Techtarget.com Definitions Let’s start with some definitions. Traditional supplychain applications are schema-on-write architectures. Definition? Schema-on-write architectures limit the supplychain team’s ability to easily source data.
by Dr. Madhav Durbha The 2017 Gartner supplychain executive conference took place at the O2-Intercontinental Hotel in London on September 20 th and 21 st. The theme of the conference was ACT (Aspire, Challenge, Transform), same as the Gartner supplychain summit in Phoenix during May of this year. Collaborative.
“Accelerating technology and automation are resulting in wholesale transformation of the supplychain profession.” ” This is the key message of EY’s new report, titled SupplyChain: Skills for the Digital Era. It is not long, but definitely a good read.
Book Review - SupplyChainTransformation: Building and Executing an Integrated SupplyChain Strategy. How should a company formulates sound supplychain strategy ? The good news is, the new generation of strategy formulation technique dedicated to supplychain management is now available!
It took years of wandering for the supplychain to end up in the morass in which it currently finds itself. Although portions of the supplychain are functioning well, many consultants believe a true transformation is needed in order to make the global supplychain more resilient.
For a number of years, business analysts have been preaching the gospel of transformation in supplychain operations. Glenn Steinberg ( @GlennSteinberg ), global and Americas supplychain leader at EY, observes, “You’ve been hearing about ‘the supplychain of the future’ for years.
In my research, I answer questions like: Which technology systems drive the greatest satisfaction? How satisfied are users with supplychain planning technologies? While each technology provider wants the endorsement of their approach, I remain independent. How Happy are Planners with Their Software?
Companies without any proprietary technology abandoned fiscal responsibility. Just as steam power, mechanized engines, and coal supplychainstransformed the world in the 18th century, AI technology is currently changing the face of work, our economies, and society as we know it.
If you Google “digital transformation,” you get over 60 million hits—and a few million of those are related to supplychain management. It’s a journey many people and companies are talking about today, but what exactly does “digital supplychaintransformation” mean? Technology isn’t a silver bullet.
Supplychain expert Mike Mortson ( @mmortson ) believes it’s still fair to ask, “What is the digital supplychain?”[2] ”[2] Steve Banker ( @steve_scm ), Vice President of SupplyChain Services at Arc Advisory Group, agrees it’s a fair question. ”[3].
As Founder and Executive Editor , I am pleased to announce to our global-wide SupplyChain Matters readership that Adaptive SupplyChain Planning technology provider ketteQ will be an additional Named Sponsor of this independent thought leadership platform.
At their request I wrote on the digital supplychain. Digital supplychain is such a buzzword. The digital supplychain is about SO much more than gadgets.” Yet, within the supplychain, everyone waits for data and insights. Supplychains do not move in the cadence of the market.
When I engage with supplychain leaders , I ask the question, “Are you making progress?” The supplychain is a complex, non-linear system. As a result, supplychain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance. Rethink supplychain practices.
Supplychain mobility connects and empowers your workforce with real-time data. Driving these standards is the increasing focus on digital transformation in the supplychain. Enterprise mobility for the supplychain, or supplychain mobility , extends digital business systems onto wireless handheld devices.
In my work with SupplyChain Insights , I immerse myself in learning. I continually question my long-held beliefs on supplychain excellence. . When readers finish a SupplyChain Shaman blog, I want to drive a set of unique takeaways. Let’s start with a definition. The reason is simple.
A lasso is what supplychain leaders would like to have. I frequently see groups of supplychain leaders arguing about the right for individual businesses to define their own systems/process. What needs to be the same : Common Definition of Time Horizons. Metrics Definition. Technologies. Data Models.
Building a customer-focused, digitally enabled supplychain comes with its challenges, but the benefits make the effort worthwhile. In addition to decreased costs, digital supplychaintransformation can increase revenue 10% by creating a better customer experience and new routes to market. New sources of revenue.
ATLANTA (August 24, 2022) American Software, Inc. million for the same period last year, and software license revenues were $0.3 For the SupplyChain business, professional services revenues for the quarter ended July 31, 2022 increased by 8% to $5.2 Company and Technology. million compared to $0.5 Logility, Inc.
In the process of compiling the SupplyChains to Admire report for last year’s SupplyChain Insights Global Summit , the research team at SupplyChain Insights calculated the rate of supplychain improvement of companies by industry for the period of 2006-2013 and 2009-2013.
A lasso is what supplychain leaders would like to have. In contrast, as a regional supplychain leader in the 1990’s, my company had one S&OP. The definition is different by company. A successful S&OP process is 60% change management/organizational design, 30% process and 10% technology.
It seems like the phrase “digital transformation” is everywhere these days. There are as many definitions for digital transformation and articles on the subject. I like the definition provided in i-scoop’s online guide to digital transformation. fall outside of defined limits.
Hoax definitions – to trick into believing or accepting as genuine something false and often preposterous. To measure improvement, performance needs a clear definition. Supplychain leaders are competitive. They want to drive supplychain excellence; but today, the definition is not clear.
Stage Five of a five stage supplychain model. Yes, we are talking about the supplychain planning system of record. The market is confused with terms; end-to-end, control tower, IBP, concurrent planning, integrated supplychain and planning systems of record. The supplychain has changed.
Today, fewer and fewer supplychain professionals make the event. To make the event profitable, SAP Insider now combines supplychain, customer relationship management, human resource management, and product life cycle management. I remember attendance for the supplychain event was 5,000. It worries me.
Digital transformation is one topic that is dominating our industry—and rightfully so, considering the significant competitive advantages and opportunities it brings to global supplychains. You can watch a full demo of this technology below. But first, what’s behind this industry-wide transformation?
As part of our Expert Insights series, SupplyChain Nation recently sat down with Rich Sherman, a leading supplychain industry consultant, analyst, and co-founder of the SupplyChain Council and the SCOR® model, to discuss his book, SupplyChainTransformation: Practical Roadmap for Best Practice Results (Wiley, 2012).
Supplychain mobility connects and empowers your workforce with real-time data. Driving these standards is the increasing focus on digital transformation in the supplychain. Enterprise mobility for the supplychain, or supplychain mobility , extends digital business systems onto wireless handheld devices.
Definition. Too few companies understand that the supplychain as a complex system with finite and non-linear relationships between the metrics. A second and a fundamental issue is the lack of technology to model the supplychain. Life is busy at SupplyChain Insights. Cambridge Dictionary.
That’s how I felt when I first heard about digital transformation. In supplychain management, it was all anyone could talk about. Every article discussed the importance of digitally transforming the supplychain. And every conference showcased the latest technologies available to help you do so.
I think this is an excellent opportunity to reflect on some key emerging retail supplychain trends to get everyone’s juices flowing again. Almost all of those issuing predictions for the upcoming year seem to focus mostly on TECHNOLOGY, and while technology is important, it’s only the facilitator of positive changes.
Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. And more companies are treating SupplyChain Design as a continuous business process instead of a standalone project or a once-a-year exercise (see SupplyChain Design: Growing Scope, Community, and Collaboration ).
One business area undergoing constant change is the supplychain. Supplychaintransformation is not a new phenomenon. As new technologies emerged throughout history, supplychains have transformed to take advantage of these technologies. ”[2]. ”[3].
Digital transformation is one topic that is dominating our industry—and rightfully so, considering the significant competitive advantages and opportunities it brings to global supplychains. You can watch a full demo of this technology below. But first, what’s behind this industry-wide transformation?
Digital transformation is one topic that is dominating our industry—and rightfully so, considering the significant competitive advantages and opportunities it brings to global supplychains. You can watch a full demo of this technology below. But first, what’s behind this industry-wide transformation?
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