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Self-congratulations notes abounded this week as vendor-after-vendor shared their rankings on the Gartner Magic Quadrant for SupplyChain Planning. I believe that the Gartner Magic Quadrant is a barrier to progress in supplychain planning, and that vendors that rally in support have a false sense of superiority.
ToolsGroup customer Suministros & Alimentos , a leading Central American food distribution and logistics provider, with regional coverage across Guatemala, El Salvador, Honduras, and Nicaragua, will showcase how it uses technology and AI to predict demand and track shipments in real time to optimize the supplychain, ensure product quality.
My LinkedIn news feed is full of congratulatory notes for companies listed on the Gartner Top 25 released yesterday. My issue is that the Gartner methodology celebrates underperformers. The lack of clarity and discipline in the methodology gives the industry a false signal to define supplychain excellence.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Advanced supplychain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks.
GartnerSupplyChain Symposium/Xpo 2023 has wrapped up its 3-day event in Orlando, Florida. Featuring over fifty Gartner experts and more than 140 research-driven sessions, this year’s conference gathered over 3,700 supplychain professionals from across North America and beyond. Look no further.
GartnerSupplyChain Symposium/Xpo EU 2023 has wrapped up its 3-day event in Barcelona, Spain. Featuring over 35 Gartner experts and more than 100 research-driven sessions, this year’s conference gathered over 2,000 supplychain professionals from across Europe and beyond. Look no further.
Safety Stock: Navigating SupplyChain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supplychain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties.
Last week, a team from Blue Yonder attended the 2024 Gartner ® SupplyChain Planning Summit in London. Only artificial intelligence (AI) enabled planning processes can accomplish all the required analysis, at scale and at speed, across the end-to-end supplychain.
For the past few years, the news has been filled with stories about supplychain disruptions, supplychain fragility, and the need for supplychain resilience. A term once prominent in supply discussions optimization isn’t heard quite as often as it used to be.
You are pissy and opinionated in this world of supplychain blandness. The term supplychain excellence is easier to say than define. I have been trying to define it as a supplychain analyst for over fifteen years. The SupplyChain Index. I find it refreshing.” I could taste it.
Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? While I was preparing for surgery, Gartner released the Gartner Top 25 Analysis. The Gartner analysis is biased toward companies within the Gartner network.
Gartner predicts that by 2026, 95% of data-driven decisions will be at least partially automated. In fact, Gartner also found that only 10% of CEOs say their business uses AI strategically, and just 9% of technology leaders report having a clearly defined AI vision statement. Yet, many companies struggle to harness AIs full potential.
Wikipedia In 2014, I was exploring methods to publish what is now the SupplyChains To Admire report. Studying Performance of the Gartner Top 25 Award Winners Plotting corporate patterns against peer group performance through orbit charts enables a quick understanding of supplychain excellence. but declining.
BOSTON – August 3, 2023 – ToolsGroup, a global leader in retail and supplychain planning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for SupplyChain Planning Solutions (July 2023). All rights reserved.
Are you making the fatal mistake of underestimating the importance of inventory rebalancing? Many retailers treat inventory management as a mundane task rather than a strategic lever for success. It’s about strategically adjusting your inventory levels across locations and products in response to real-time customer demand.
And how can supplychain planning help? In one project, I am interviewing over fifty supplychain leaders on their perceived impact of advanced planning, what makes a good plan, and how effectively they use the technology. I am also writing the new edition of the SupplyChains to Admire.
In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supplychain excellence. In my post Mea Culpa, I reference my work with the GartnerSupplyChain Hierarchy of Metrics. What Drives Value?
” What makes supplychains an ideal proving ground for this evolution? It’s a natural fit for an environment built on orchestration across vendors, partners, inventory, and data. But to manage it all, supplychain professionals need action, not another dashboard. At least, not yet.
Demand forecasting is a critical strategy for supplychain management that can dramatically improve business decision-making and financial performance. Beyond Forecast Accuracy: A Holistic Approach Demand forecasting is just one piece of the supplychain management puzzle.
Are you making an action plan of all the things you could do better and faster with your supplychain planning software when the next global crisis hits? The disruption we’ve seen in supplychain planning as a result of the pandemic is unprecedented.
In any business or trade you need the right tools for the job, and the supplychain business is no different. At every level of supplychain expertise and competitive differentiation you use certain tools, and seek others to move to the next level. He calls this the Scotch tape of supplychain planning.
MANN+HUMMEL to Present How It Partnered with ToolsGroup to Increase Fill Rate and Cut Inventory. BOSTON, June 11, 2019 – ToolsGroup, a global leader in supplychain planning software, today shared details of its participation in the GartnerSupplyChain Executive Conference, taking place June 17-19 in Barcelona.
But then, supplychain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy.
This afternoon, I poured myself a cup of tea to pen congratulation emails to the SupplyChains to Admire award winners. In the calculation of winners, we measure improvement through a vector analysis of orbit charts at the intersection of inventory turns/operating margins and growth/ROIC. SupplyChains to Admire Award Winners.
The cheese on the puffs stains my hands like I feel that mis-guided past practices have indelibly colored supplychain practices. At the session, we discussed why companies have not made more progress on inventory management. Days of Inventory Pre and Post-Recession. IT View of the Current State of Inventory.
Gartner says that future supplychain planning will look less like a "control tower" and more like a refinery "control room'" with many value-added analytics that automate, guide and control the supplychain. For starters, Gartner’s says that current control tower offerings are misguided.
Today, we published The SupplyChains to Admire for 2023. SupplyChains to Admire Winners 2023 Examine Your Own Paradigm. Most supplychain leaders are stuck in their own paradigms. As an old gal, with over forty-years of supplychain experience, writing this report for ten years taught me many lessons.
Last week, the Gartner Top 25 was announced with great fanfare. The announcement marks a decade of Gartner Top 25 annual lists. I find the Gartner Top 25 to be a muddled methodology that is boiled and allowed to congeal into a bland product with little use. In many businesses, assets are a core part of the supplychain.
Life for the supplychain leader is more complex. The future inventory fire sale. We are living in a world of rich supplychain case studies. Each day, the Wall Street Journal features a supplychain failure as front-page news. Why Is There No Economy of Scale in SupplyChain Acquisitions?
Ideally, it connects sales, marketing, supplychain, finance, and operations in a seamless flow. According to Gartner , early stages of S&OP maturity often lack formal processes, metrics, and cross-functional participation. It connects strategy and execution with features built for modern supplychains: 1.
Source: 2017 GartnerSupplyChain Technology User Wants and Needs Study, Dwight Klappich. The annual GartnerSupplyChain Technology User Wants and Needs Study, now its tenth year, is one of this industry's most comprehensive studies of supplychain users. Where are leading companies focusing?
Today we published a new report, SupplyChains to Admire. The data analyzed to compile the SupplyChains to Admire report came from publicly-available information from balance sheets and income statements. We think that supplychain excellence is a combination of performance and improvement.
As supplychain leaders face heightened demand uncertainty and extreme supplychain disruption, the answer is not going to come from Silcon Valley. Big Tech innovation did very little to improve supplychains, but the implications of these layoffs loom large adding another layer to the current disruption.
ToolsGroup extends congratulations to SKF, which edged out tough competition from other finalists Shell Lubricants and Siemens to win the 2020 GartnerSupply Chainnovator Award in the Industrial category. SKF’s use of a digital twin for analytics to support integrated planning demonstrated exceptional supplychain innovation.
I feel that topic of supplychain management is analogous to the downward cycle of the news channels. What Drives SupplyChain Excellence? I analyze supplychain management. The broader the definition of end-to-end strategy and the alignment of supplychain processes drives value.
It’s also why so many of our customers are eager to share their supplychain success – and have even won awards of their own in partnership with ToolsGroup! Check out some of our most recent accolades and discover why so many companies turn to ToolsGroup for better, faster supplychain decision making.
The Connected SupplyChain. Drip Digital SupplyChain. Autonomous SupplyChain Planning. Self-Healing SupplyChains. Touchless SupplyChains. Small companies outperform large companies, and the marquee customers of major supplychain planning technology providers underperform.
One conference I recently attended is the GartnerSupplyChain Executive conference in Phoenix, Arizona. Here are some of the examples he shared to highlight how the traditional linear supplychains are being disrupted: Connected home sharing consumption signals (e.g. smart refrigerators and Amazon dash buttons).
As I wrote, I reflected on the Generative AI hype cycle in the supplychain market and the contribution to noise. I questioned in this time of uncertainty if supplychain leaders will value data-driven content. Conventional wisdom centers on the use of enterprise data to make the supplychain more efficient.
With the advent of the digital era, supplychain has transformed dramatically. To increase flexibility, responsiveness, and competitiveness in the long run, the investment in supplychain digitalization will increase by 10%-15% over the next few years. If trends hold, we will achieve touchless supplychains very soon.
In the ever-evolving landscape of supplychain planning, Blue Yonder has again emerged as an industry-recognized Leader. The Gartner 2025 Magic Quadrant for SupplyChain Planning Solutions 1 report positions Blue Yonder furthest to the right for Completeness of Vision.
Last week at the GartnerSupplyChain Symposium/Xpo™ 2024 conference in Barcelona, the supplychain community gathered for one of the most anticipated events of the year. The conversations were both dynamic and thought-provoking, reflecting the complex and rapidly evolving nature of global supplychains.
With all the buzz around digital transformation, someone peering in from outside supplychain may assume most businesses have already digitized essential tasks like inventory planning. This article will share five things you need to know about optimizing inventory in the digital age.
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