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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. The reason?
Wikipedia In 2014, I was exploring methods to publish what is now the SupplyChains To Admire report. We purchase data from Y charts. (A This data source synchronizes corporate reporting across global markets while tracking restatements, name changes, and currency shifts.) Consider Lenovo in Figure 1. The secret?
Today, in supplychain planning, this could not be further from reality. In May 2025, one in seven home-purchase agreements fell through resulting in the cancellation of 56,000 purchase contracts. Supplychain was defined in 1982 as interoperability between source, make and deliver. The reason?
I find that most companies’ understanding of supplychain planning is immature, and that next week, at the Gartner SupplyChain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supplychain planning models. Buyingsupplychain planning software is hard.
As global supplychains continue to tackle ongoing disruptions, one major headwind that most organizations are faced with is the inflationary environment we are living through. The key to this lies with sourcing. Before diving further, let us define what sourcing is. Digitalizing sourcing (i.e.,
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. Click here!
Machine learning (ML)a specialized field within artificial intelligence (AI)is revolutionizing demand planning and supplychain management. These improvements directly strengthen the bottom line, making ML capabilities an essential component of modern supplychain management software.
This is a story for the Eds, Franks, and Toms working together in supplychains across the globe. It is also a story for a young supplychain manager attempting to make a difference, but feeling stymied. Efficient supplychains may not be the most effective. Need for SupplyChain Leadership.
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.” ” Followed by “How are you organized, and what defines functional excellence? ” Sound familiar?
Supply management. Supplychain management. Supplychain planning. Increasing Maturity of the Role of the Forecast for the SupplyChain Leader This gets me back to why technologies are not improving enterprise leadership’s ability to forecast and manage revenue. Are these terms the same?
Supplychainexcellence is easier to say than to explain. Executive teams strive to drive improvement in supplychain results; yet, sadly, only four percent of public companies succeed. The supplychain is a complex non-linear system. Now, I view the company as a supplychain laggard.
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Healthcare providers are leveraging efficient supplychains to ensure critical supplies reach patients when needed most.
Supplychain shortages abound. The supplychain impact is unprecedented. As a result, most projects are not clear in scope, with the implementation of visibility as a “functional extension to existing process” lacking a holistic outside-in approach/strategy to sense, respond, and act. Reflection.
Today, supplychainexcellence matters more than ever. During the pandemic, the supplychain discussions take new importance. While the supplychain technology market lost its allure at the start of the last decade, it is now cool again. The supplychain career is new. Reflection.
Many major challenges of 2021—capacity constraints, ecommerce growth and driver shortage—are rolling over into 2022 and, in addition, the environment and machine learning are becoming more important for logistics and supplychain professionals. Global supplychains will be busy, congested and chaotic.
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.
5 Megatrends Shaping SupplyChain Innovations. In these times of global turmoil, there are five (5) important megatrends shaping supplychain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supplychain management.
On one hand, consumers expect to increase their online purchases post-pandemic. Retailers and delivery services companies that can break through today’s cycle of mediocre home delivery performance stand an excellent chance of improving customer loyalty and growing market share. Source: Descartes & SAPIO Research.
The client leaned across the table and asked, “Is a customer-centric supplychainstrategy the same as a demand-driven supplychainstrategy?” Drawing from the Whiteboard: Building Customer-Centric SupplyChainStrategies. Customer-Centric SupplyChain Processes.
Several factors contribute to customer loyalty, but providing excellent customer service—and a top-notch experience–is one of the most important in driving retention. 6 Examples of Excellent Customer Experiences. Image source: National Retail Association. Image source: Twitter. Image source: Ikea.
When you look behind the scenes of a global business operation, procurement strategy and supplychain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supplychainstrategy and looks at how aligning the two leads to operational excellence.
Goodman titled “ The SupplyChain, Reconfigured.” ” His narrative centers on the evolution of the global supplychain evolving with a focus on labor arbitration ignoring geographic distance and shipping issues. The populist narrative of sourcing globalization is only part of the story.
Michael Jacobs, Senior Vice President SupplyChain, Ferguson. Mr. Jacobs is the senior vice president for supplychain at Ferguson. While nominally a distributor, “supplychain management is our core competency. In particular, Ferguson’s supplychain is built for speed and to provide high service levels.
Let me start by saying that t he process is not a panacea to solve all supplychain ills. Clear operating strategy and definition of supplychainexcellence across plan, source, make and deliver. There is a clear definition of the role of the supplychain in the delivery of value.
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. However, you may wonder what kind of practices really work.
Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.
Is your business facing rapid growth, supplychain disruptions and/or unpredictable customer demand? If so, optimizing your inventory management strategy can be a game-changer. Imagine shipping products directly from your supplier to your customer while maintaining the appearance that your business is the source.
Together, we didn’t just talk about solving problems—we explored bold ideas, shared groundbreaking strategies, and collaborated on impactful solutions. We not only learn from you but also innovate for you, building strategies that carry long-term value. Brent Griffith Day 2: More Keynotes, Sessions, and Silent Demos!
Understanding how your Procurement and SupplyChain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Why You Need Visibility of SupplyChain and Procurement KPIs? Running procurement and supplychain without metrics is like driving blindfolded.
For the past five years, the team at SupplyChain Insights identified SupplyChains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the SupplyChains to Admire Award.
SourcingStrategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcingstrategy: effective vs efficient. When developing a sourcingstrategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used).
Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supplychain. Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supplychain.
The success of your business links inextricably to the performance of your supplychain. you have to make your supplychain successful too. SupplyChain and Business Success By the Numbers Now for those statistics I mentioned. If you want business success (and who doesn’t?),
Global supplychains are built on three assumptions: rational government policy, availability of transportation resources, and low variability. Supplychain leaders have little history to use as a guide to prepare. Before the pandemic, supplychain leaders experienced relatively free trade across borders in 2017.
by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility. Reason #4 Making key decisions by modelling the supplychain in Excel. That was carrots.
Theme 1: Global supplychains will be busy, congested and chaotic. 2023 call: Global supplychains will be slightly less busy, congested and chaotic, but cheaper – at least the transportation part. Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies.
Supplychains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable. A resilient supplychain is one that can absorb shocks and continue functioning with minimal disruption.
Supplychain executives were under pressure to develop more efficient, customer-centric supplychains while finding innovative ways to reduce costs and enable growth. Explore Modern End-to-End SupplyChain for Real Business Growth. Explore Modern End-to-End SupplyChain for Real Business Growth.
Over his 30+ year career in the supplychain, Richard has worked with manufacturers around the world in operations, supplychain, and lean strategy roles to develop systems that can manage complex supplychains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).
Dependency on Excel. Due to the shortfalls in the evolution of Advanced Planning, 68% of business users use Excel spreadsheets as the primary mechanism for planning. Excel–while widely used for planning–is not equal to the challenge of modeling complex supplychains. Clarity on SupplyChainStrategy.
Behind the scenes, BT SupplyChain has been the backbone of the company’s operations for 30 years, making sure customers get the best experience. The supplychain division fulfills 40,000 individual customer orders every day, making sure that 32,000 engineers get the tools, parts and equipment they need to deliver support and services.
Like every industry Procurement & SupplyChain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. The post Procurement & SupplyChain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!
Source: Dictionary.com. As supplychain clichés take flight, clients struggle with execution. One of these concepts that I hear a lot; but see few tangible examples, is the idea of “customer-segmented supplychain.” The discussion of customer-segmented supplychains happens often.
Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. Located in the United Kingdom (UK), he has more than twelve years of experience in progressive roles driving demand-drive projects for their global supplychain. Understanding the Lubricant SupplyChain. Overview of Shell.
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