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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?
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.
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.
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.
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.
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.
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.
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.
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.
Wikipedia In 2014, I was exploring methods to publish what is now the SupplyChains To Admire report. This data source synchronizes corporate reporting across global markets while tracking restatements, name changes, and currency shifts.) Lenovo ranked as # 10 on the Gartner Top 25. We purchase data from Y charts. (A
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?
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.
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.
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.
Today we published a new report, SupplyChains to Admire. Here we share the answers to the questions that we get the most often about this research: What is the source of data? The data analyzed to compile the SupplyChains to Admire report came from publicly-available information from balance sheets and income statements.
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.
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. On cost reduction?
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.
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.
Over the year, COVID-19 introduced even greater complexity into the already difficult work of supplychain planning–and changed supplychain from a practitioner-focused topic to everyday dinner table conversation. Digital supplychain transformation will accelerate.
Is Apple SupplyChain Really the No. Surprisingly, IT research firm Gartner ranks Apple SupplyChain as the best supplychain in the world for 4 years in a row. But, is Apples SupplyChain really the number 1? 1) Apples SupplyChain Model. SupplyChain Model of Apple Inc.
But many supplychain practitioners dont realize that the most common approach to supplychain planningusing a demand-driven forecast as the primary input to future planningis just as outdated. The key is to measure how well your supplychain can absorb uncertainty, rather than striving for perfect forecasts.
Supplychain shortages abound. The supplychain impact is unprecedented. I asked Greg Aimi, currently at Gartner to help. In our recent survey on analytics, today 74% of companies are attempting to improve supplychain visibility (as shown in Figure 1). The list goes on and on. What Is Visibility?
The Age of Agility: Building Resilience in the SupplyChain. Feature Article by Anthony Beavis, Managing Director APAC at Körber SupplyChain. Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supplychains throughout the Asia Pacific region.
Source: Gartner, Cover Considerations—How to Optimize Retail and Consumer Product Inventory Targets, 2017. Gartner’s insights are quite good and it’s not often that I disagree. Then they outline six criteria for optimizing product flow through the supplychain to maximize order fulfillment and minimize inventory.
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.
Source: GartnerSupplyChain Executive Conference. Procter & Gamble (P&G) is known for best-in-class supplychain planning. Equally it poses huge supplychain planning challenges. P&G’s existing planning system, designed for its main supplychain, couldn’t support GDM’s complexity.
Source: Gartner Research. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. For more information on this topic, read What's wrong with ABC inventory classification?
Now that more companies are embracing supplychain planning productivity and automation, many firms are asking which processes they should automate. Gartner says that the attitude towards supplychain planning productivity and automation has changed dramatically. Conscious supplychain planning at the top.
In the last six months, in my travels, I have presented to supplychain teams in China, Belgium, France, Germany, Peru, Mexico, Netherlands, South Africa, Singapore, and the United Kingdom. I strongly feel that if I am going to cover the global supplychain that I need to experience it. A Personal Reflection.
If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supplychains. Indeed, when customers contact us for planning support through our COVID-19 Action Center, they are usually grappling with similar supplychain disruptions–or disconnections. .
ERP vs. Best-in-Class for Healthcare SupplyChain Management? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts. The verdict?
Using the Gartner Demand Planning five stage maturity scale, analyst Mike Griswold estimated on a recent call that retailers as a group averaged just 2.3 leaving money on the table due to poor inventory performance. Additionally, they invest in technologies that combine inputs from various internal sources into the forecast.
Source: Gartner Research. Now with Gartner’s help, supplychain execs can do something similar with their supplychain planning (SCP) system. As companies “integrate plans across their supplychains, their planning models grow in size and complexity.
More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supplychain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supplychain planning (SCP). Driven by improvements in performance and cost.
This week I spoke at an SAS Global Analytics Summit on the connected supplychain. In my view, the connected supplychain is very, very different from the integrated supplychain. In 2002 I worked for Gartner Group in the business applications practice. What Is a Connected SupplyChain?
With supplychain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions. As COVID-19 continues its malevolent spread around the world, concerns grow regarding the continued impact on supplychains and business continuity.
The basic frame of supplychain planning–functional taxonomies for optimization on a relational database–must be redesigned before supplychain leaders can reap the benefit of deep learning, neural networks, and evolving forms of Artificial Intelligence (AI). The focus of the Gartner Magic Quadrant.)
Gartner measures supplychain analytics maturity across seven different dimensions. There are supplychain and demand analytics models that describe the type of analytics being deployed (e.g., The key, Gartner says, is that each of the seven dimensions is interconnected. descriptive, prescriptive, etc.).
Supplychain excellence 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.
Gartner has identified five stages of supplychain planning maturity and they say that 70-80% of companies plan to increase their supplychain planning (SCP) technology spend over the next two years to climb to the next level. Build more resilient supplychain plans (e.g.,
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