Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

JULY 23, 2023

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. The order latency is the time from purchase by the end consumer to the visibility of the order. This is a natural fit for narrow AI and new forms of analytics.

Supply Chain Planning Software 347

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 347

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 267

Case Study Inventory Reduction Agile and Lean Supply Chain Study 267

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. These sources while functional are difficult to connect. The team was seeking analytics to monitor process compliance.

Prescriptive Analytics Software 179

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 179

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I rapidly came to the conclusion that these articles were excellent at the helicopter view of the challenges, however seemed unable to apply categorisation to the challenges. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

The Logistics & Supply Chain Management Society

JULY 16, 2023

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Supply Chain Shaman

JUNE 3, 2013

It was funded by 50 large consumer products manufacturing companies (CPG). In the dawn of e-commerce, conservative manufacturers, anteed up $240 million in four months. The high-flying company had no clarity of purpose or clear governance, but the funds kept coming. Clear governance. The stories border on the ridiculous.

Supply Chain Design Software 262

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 262

Elementum

FEBRUARY 7, 2024

This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Unleashed

OCTOBER 6, 2021

Consider Vendor Managed Inventory One way to save costs in inventory is to shift the responsibility of its management to your suppliers using a VMI system. Under a VMI system the supplier, usually a manufacturer, is responsible for optimising the level of inventory held by the distributor.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. Driving Sustainable Growth Through Supply Chain Resilience.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Shaman

SEPTEMBER 10, 2023

I was working on a report on the Multi-Enterprise Inventory Management (often termed MEIO) and I challenged Pete. Was it that Kraft was not clear in its definition of supply chain excellence (which was true) or not clear on how to best use the system (which was also true)? What defines supply chain excellence? Are they aligned?

Supply Chain Planning Software 259

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 259

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Resilinc

NOVEMBER 14, 2023

Resilinc’s Rick Freeman weighs in on the future opportunities for high-tech and semiconductor companies Despite the stabilization of the high-tech and semiconductor supply chain, the industry still faces pressure due to ongoing import/export restrictions and changing regulations governing semiconductor production and sourcing.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

Enterra Insights

APRIL 13, 2022

Brand loyalty was tossed out the window as desperate consumers made product availability and price their motivating purchase factors. John Williamson, an Account Leader at ddm marketing + communications, suggests consumer packaged goods manufacturers should start this effort by looking at their brand strategy.[1] Enhancing CPG Brands.

Price Reduction 130

Price Reduction Waste Reduction Cost Reduction Strategies Purchasing Skills 130

Supply Chain Shaman

MARCH 3, 2018

On Wednesday morning, when I finished speaking at the Foundation for Strategic Sourcing in Fort Lauderdale, an executive from J&J pulled me aside and said, “Our strengths, are now our vulnerabilities.” A strong center of excellence tied to network design is essential. Many feel overwhelmed. How do we compete?”

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

Enterra Insights

SEPTEMBER 29, 2021

The pandemic changed everything and reports (mostly bad) about supply chain operations and challenges are now liberally scattered amongst other news stories. Wong and Steinberg report, “Change in consumer demand is accelerating. ” The Changing Supply Chain Environment. They are: First, consumer demand is changing.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 130

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

MIT Supply Chain

NOVEMBER 13, 2023

The emergence of just-in-time manufacturing, other business models, and globalization were among the drivers reshaping the business landscape. Also, governments and companies are re-evaluating the structure of global supply chains in the aftermath of the pandemic.

Supply Chain Planning Software 97

Supply Chain Planning Software Modeling Purchasing Skills Supply Chain Software 97

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). Governance And Security Concerns. Techcrunch.

Supply Chain Design Software 112

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 112

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

GlobalTranz

FEBRUARY 25, 2015

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. What is “The Internet of Things” Impact on Manufacturing & Logistics?

Internet of things 120

Internet of things Manufacturing Procurement Logistics Network Optimization Software Supply Chain Network Software 120

Supply Chain Shaman

JULY 29, 2017

When the report published, it stimulated many conversations. At the time, I was working with two large manufacturing companies that were not clear on the definition of supply chain visibility. As shown in Figure 2, few orders and purchase orders flow hands-free. The reason is simple. Supply Chain Visibility Gaps.

Supply Chain Network Software 152

Supply Chain Network Software Supply Chain Design Software Modeling Software Analytics Software 152

Requis

MAY 22, 2020

He is a consultant to Fortune 500 companies and US federal agencies, and a speaker with focus on the fields of strategic sourcing, supply market intelligence, and supplier development. In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Analytics is key.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

NC State SCRC

APRIL 3, 2019

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. These contracts include the overall aircraft contract from the governments for military and subcontracts for commercial (civil) aircraft systems originating from public/private companies.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. One of the ripple effects of the pandemic was that domestic sourcing, where possible, grew as companies could no longer import products for their production line. Australian reshoring strategies for advanced manufacturing .

Manufacturing Procurement 105

Manufacturing Procurement Manufacturing Supply Chain Planning Software Sourcing Strategies 105

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I also worked in manufacturing during the period of 1978-1992 trying to plan demand. Planning at companies varies by governance and cultural DNA. ” I am in the middle. Everyone has a bias.

Supply and Demand 158

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 158

ThroughPut

DECEMBER 3, 2019

Organizations around the world are now adopting Artificial Intelligence (AI) based technology solutions to create smarter, leaner, safer and sustainable manufacturing systems. Curtis Feeny has invested in enterprise software for 19 years with a focus on data analytics. Curtis Feeny : Managing Director at Voyager Capital.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software San Francisco Supply Chain Network Software 52

Synovos

MARCH 11, 2024

The Benefits of Outsourcing MRO Integrated Supply Chain for Food Manufacturers When RS Integrated Supply first started managing Maintenance, Repair and Operations (MRO) for one US food manufacturer, the client was a fledgling company. “I Food production is, however, different to other areas of manufacturing in crucial ways.

Manufacturing Procurement 52

Manufacturing Procurement Food Manufacturing Material Savings 52

ThroughPut

OCTOBER 2, 2019

Organizations around the world are now adopting Artificial Intelligence (AI) based technology solutions to create smarter, leaner, safer and sustainable manufacturing systems. Curtis Feeny : Managing Director at Voyager Capital Curtis Feeny has invested in enterprise software for 19 years with a focus on data analytics.

Cost Reduction Strategies 40

Cost Reduction Strategies Supply Chain Planning Software San Francisco Supply Chain Network Software 40

Supply Chain Shaman

DECEMBER 30, 2021

” I do not believe in big government and I hate politics. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Truck drivers report that maintenance issues are a constant nightmare. The average purchase order changes 3-4X before shipment.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Unleashed

APRIL 4, 2022

Keeping record of stock is a critical part of any product-based business – and in many places it’s a legal requirement and part of end-of-year reporting obligations. Recording stock in Excel Using Excel or Google Sheets adds the next level of complexity to recording stock. So what’s the best way of keeping record of stock?

Inventory Management Software 98

Inventory Management Software Demand Planning Software Forecasting Software Procurement Solutions 98

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. The result?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Enterra Insights

FEBRUARY 24, 2021

Priyadarshi did an excellent job responding. Priyadarshi asked, “What should the AI governing an autonomous car do if faced with either running over three pregnant women and their three toddlers or self-destructing, killing the car’s owner? Sources of bias. The first source is data bias. Footnotes. [1]

Modeling Software 100

Modeling Software Analytics Software Optimization Software Guidelines 100

QAD

AUGUST 3, 2022

ERP systems have the ability to transform manufacturing companies, optimize operations, increase productivity, cut costs and help businesses remain competitive. It’s a type of software or system businesses use to plan and manage their daily activities, like their supply chain, manufacturing, services, financials and other operations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Optimization Software 52

Arkieva

JANUARY 6, 2017

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

Inventory Reduction 62

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 62