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Users are accustomed to building everything in Excel and manipulating the data as needed for their own particular use, typically using static reports or spreadsheets that are siloed in specific departmental needs. A key first step is to have buy-in at the highest level of the organization. Starting at the Top.
Or agreement on the definition of supply chain excellence. As a result, functional excellence anchors action. The focus is on digitization—automating today’s processes—versus rethinking process excellence based on the art of the possible. An orbit chart is a plotting of data at the intersection of two metrics.
However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. Enter our list of supply chain trends for 2024.
The Logility team writes, “Environmental sustainability in the supply chain is top of mind for consumers, and a brand that fails to hold itself responsible risks reputational damage that will affect the bottom line.”[2] Green is also the unofficial color of sustainability efforts. That view, however, is rapidly changing.
As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra solution complimented the functionality of the traditional APS vendors, i.e. Adexa, JDA, Logility, Kinaxis, SAP APO and Steelwedge. History of E2open.
Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. Supply chain excellence definitions evolve as companies explore the Art of the Possible. This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. Confluence of Technologies. Fines and penalties will increase.
You’ll note in the headline I use the preposition “of” instead of “to” when describing the “journey of Supply Chain Excellence.” The differentiator is whether Supply Chain Excellence is defined as a one-time project or as on ongoing process. Circuit City failed to adapt and is now history.
Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.
These critics sensed a sinister “rebranding” ploy designed to get companies to purchase technology and services they already own but perhaps have not fully implemented. Challenge yourself to think beyond the traditional Available-to-Promise metric and ask if an action meets the criterion of Profitable-to-Promise.
Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. Getting the Most out of People.
In a much broader context, the byproduct of this work will be lasting innovation that informs design, production and distribution excellence for years. At Logility, we encourage you to balance short-term action with long-term planning. At the same time, start a frank discussion about which metrics matter right now.
Specifically, practitioners can use intuitive displays to drill into safety metrics, product quality, on-time delivery, cost efficiency, and much more. Over time, ineffective quality control processes will affect customer satisfaction, buying behaviors, and ultimately lead to lost market share. Quality Control. Life Cycle Maintenance.
Specifically, practitioners can use intuitive displays to drill into safety metrics, product quality, on-time delivery, cost efficiency, and much more. Over time, ineffective quality control processes will affect customer satisfaction, buying behaviors, and ultimately lead to lost market share. Quality Control. Life Cycle Maintenance.
The study is primarily a comparison of best-of -breed solution providers (Logility, JDA, Kinaxis and OM Partners) versus SAP and Oracle. Buying these solutions is far more complicated than is represented in a simple four-box quadrant. Lora thinks that we are never too old to learn or to push for excellence. It is complex.
You need to ensure that you’re taking measures to keep the soil fertile so you can continue to achieve excellence for years to come. They research the products they buy, where they come from, and how they’re made. A company that wants to make spectacular wine, for example, needs spectacular grapes.
One of the barriers to greater progress in driving supply chain excellence is the current state of user satisfaction with current technologies. The purchase of supply chain solutions remains a complex sale with increased power by Line of Business Leaders. Lora thinks that we are never too old to learn or to push for excellence.
Most likely the company will still need to forecast raw materials, purchased components, and/or sub-assemblies to be able to meet customer demand. Contrary to popular belief using Excel as a forecasting “system” is not a best practice. Spreadsheet Sabotage.
I was an avid student of supply chain excellence; and in this role, I watched as best-of-breed solution after best-of-breed solution replaced with more complicated technology. Buying patterns are changing quickly, and the insights are multi-dimensional. I worked first at Gartner Group and then at AMR Research. I was a skeptic.
” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” Most demand planning happens in Excel Ghettos not in the expensive technologies implemented in 90% of manufacturing companies. This is the case for companies like Adexa, Logility, and JDA.)
” Those are excellent questions to consider before making investments in any technology. Use data and new metrics systems to free the organization from the ball and chain of corporate politics. 4] Hank Canitz, “ Digital Transformation of the Supply Chain ,” Logility Blog, 30 November 2020. [5] … My plea?
Logility: Supply Chain Planning & Optimization Logility assists global businesses with complex supply chains in sensing and responding to fluctuating market conditions. Step 3 – The Metric Selection phase This phase involves identifying key metrics that will help track the actual impact of AI. Read it all here.
You will need to excel at managing and accelerating the 3-D Cycle, if you want to win in digital economy. Walmart has been on an incredible acquisition and partnership spree, recently buying Flipkart and, as early as two years ago, partnering with JD.com. Logility recently purchased Halo which embeds ML.
Since the last report, Kinaxis successfully launched an IPO on the Toronto Stock Exchange, E2open launched an IPO and then went private with a buy out by Insights, IBS and Steelwedge sought new rounds of capital, and WAM Systems and Acorn Systems have new owners. Like musical chairs, the ownership structure of the vendors is changing.
If I do an excellent job at safety stock management, my company will have the right levels of inventory. Use technologies like Logility, LLamasoft (Coupa) and OMP to do this analysis.) Leadtimes, conversion rates, and cycle times are fixed parameters. Order and shipment patterns are a good proxy for future demand.
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