Remove Examples Remove Innovation Remove Metrics Remove Supply Chain Visibility
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Side-step Oxymorons to Make Progress in Planning

Supply Chain Shaman

For example, real-time planning, end-to-end planning, control tower, integrated business planning (IBP), and digital brain are oxymorons while discussions on innovation bounded by a required ROI is a juxtaposition. True innovation is never defined initially by a mandatory Return on Investment (ROI).) Buyer beware.

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Read more. . Read More. . Read More. . Read More. .

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Food Waste is a Big Problem That Can be Solved

DELMIA Quintiq

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. The United States, for example, wastes about 40% of their food , amounting to about 125 to 160 billion pounds—much of which is perfectly edible. Innovative recipe and formulation management is key.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Table 1 details some examples of areas of application of generative AI for different supply chain participants. To ensure successful integration, they should create a plan with timelines, resources, and evaluation metrics (refer Figure 2). Only by doing so can we unlock the full benefits of this innovative technology.

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Using Managed Analytics to Build a Next-Generation Supply Chain

Talking Logistics

For years, supply chain leaders have struggled to achieve a sophisticated level of supply chain visibility that would drive continuous improvement, optimize spend and reduce risk. Seasoned supply chain analysts and engineers on our team can then use these results to glean insights and drive innovation.

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Procurement and Sustainability are Your Yin and Yang!

Supply Chain Game Changer

For those that aren’t familiar, or like myself are more familiar with the symbol than the concept, the principle of Yin and Yang is a concept of dualism, used to explain “that all things exist as inseparable and contradictory opposites, for example, female-male, dark-light and old-young. Create a Sustainability North Star Metric.

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The Importance of Transparency in Supply Chains

Enterra Insights

. “Supply chain transparency,” they write, “requires companies to know what is happening upstream in the supply chain and to communicate this knowledge both internally and externally.” ” You might be thinking, “That sounds like supply chain visibility. ”[3].