Supply Chain Shaman

OCTOBER 25, 2021

Create a supply chain planning master database to track variability in lead times, conversion rates, and cycles. Manage Make, Source, and Deliver Together. As a result, in this time of increased variability, organizations are more reactive. Demand is outstripping supply: inefficiencies abound. Volume is up. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Shaman

JUNE 7, 2021

Lately, as I reflected on my conversations with John (fictitious name) when I was at AMR Research, I yearn to go back in time. For example, client-server to cloud architectures offered great promise for process innovation, but companies just moved their processes without asking how to drive new levels of value from technology.

Gartner 199

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 199

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance. As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. Photo Credit: Changi Airport Group. Photo Credit: L’Oréal.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

Supply Chain Shaman

OCTOBER 25, 2021

Create a supply chain planning master database to track variability in lead times, conversion rates, and cycles. Manage Make, Source, and Deliver Together. As a result, in this time of increased variability, organizations are more reactive. Demand is outstripping supply: inefficiencies abound. Volume is up. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

SCMDOJO

AUGUST 10, 2024

Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 98

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This involves not only identifying the volume and frequency of shipments but also delving into specific requirements, such as: The advent of Digital Freight Procurement Tools , means users can now compile the above data in a fraction of the time spent previously.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

ToolsGroup

APRIL 27, 2022

‘Blorft’ is an adjective I just made up that means ‘Completely overwhelmed but proceeding as if everything is fine and reacting to the stress with the torpor of a possum.’ Image source: APA. For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) (I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) At the time, I was fascinated how the most mature teams bucked the system. Sales and Operations Maturity Model from 2005-2008.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. As a quantitative measure, CFOs can use a rating to see how investments improve performance over time (e.g. Why else might a company seek a rating?

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

Supply Chain Shaman

FEBRUARY 13, 2020

…the weekend is just around the corner. Most supply chain leaders cannot get their groove on because they generalize–the use of the same metric targets and tactics for the supply chain without paying attention to the flows. Note that at this time, demand volatility risk was larger than economic uncertainty.

Optimal Sourcing 239

Optimal Sourcing Modeling Forecasting Supply and Demand 239

The Logistics & Supply Chain Management Society

MARCH 14, 2023

With constrained and somewhat erratic demand and supply – not just of products and materials but also capacity with carriers of all modes – rates have been extremely volatile. The following are some suggestions and insights from this assembled group of experts.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

ivalua

JUNE 29, 2020

While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Unfortunately, it just got worse. Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. The healthcare provider world is facing tremendous strain as a result of the pandemic.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

APRIL 14, 2013

I have worked for Gartner Group, AMR Research, Altimeter Group and now my own company, Supply Chain Insights. In this time, I have worked with over 500 companies. I am afraid for many it has been just talk. Each time that we run a new evaluation, we learn more. How was it developed?

Gartner 268

Gartner S&OP Pharmaceutical Supply Chain Planning Software 268

ThroughPut

AUGUST 22, 2024

Demand Forecasting Challenges In today’s increasingly unpredictable and aggressively competitive markets, Church Brothers Farms was looking to consistently deliver more value in the face of steadily dwindling resources – budgets, labor, time, assets, and weather – while continuing to drive shareholder value.

Optimal Sourcing 52

Optimal Sourcing Forecasting Modeling Forecasting Software 52

NC State SCRC

JULY 14, 2024

This has resulted in increased activity for firms that monitor supply chain riskssuch as Resilinc , Risk Metrics , and Everstream Analytics. This allows organizations to quickly react to problems as they occur and identify alternative sources of supply. Over four to five months we came up with a structure to create three key areas.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Pharmaceutical 59

ToolsGroup

MAY 24, 2016

Most companies segment their supply chain by breaking it down according to operational and logistical metrics. This type of segmentation lets you group customers by similar drivers and trade-offs, like price, lead time and lot size. Editor's Note: There will be no blog post next week.

Supply Chain Segmentation 159

Supply Chain Segmentation Optimal Sourcing Gartner Supply Chain Optimization 159

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. Kroger collaborates with thousands of food and beverage, health, beauty, and personal care companies to service roughly 2,800 stores.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

NOVEMBER 9, 2014

I find that many times companies have the wrong name, or a misnomer, for what they are trying to achieve. It was my first time working with this group. As I sat in the back of the room, shifting in my chair, waiting for my time to speak, I watched speaker after speaker endorse the concept of one team. The group laughed.

Manufacturing Procurement 287

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 287

Demand Solutions

JUNE 26, 2015

“In times of change, when experimentation tends to be rampant and results are still far from conclusive, one source of guidance can be to look at the companies who are succeeding, and discover what they are doing differently.”. Two metrics. Among Followers, those numbers sink to just 34% and 41%.

Survey 100

Survey Supply Chain Optimization Report Optimal Sourcing 100

Silvon Software

APRIL 23, 2019

Companies that focus on strategic sourcing can generate substantial economic value not just by eliminating waste, reducing costs and improving administrative efficiency, but also by building stronger supplier relationships that can make them more competitive, profitable and nimble. AT A HIGH LEVEL …. Influenceable and Managed Spend.

Purchasing Skills 90

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 90

GlobalTranz

NOVEMBER 19, 2018

Imagine you’re an executive of a large international business who has just discovered an excellent opportunity of entering a new exciting market just in time when your product design team has developed a perfect product for that market. Also, the local government’s regulations are a bit strict regarding your local footprint.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Order cycle time.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Demand Solutions

JUNE 26, 2015

“In times of change, when experimentation tends to be rampant and results are still far from conclusive, one source of guidance can be to look at the companies who are succeeding, and discover what they are doing differently.” Two metrics. Among Followers, those numbers sink to just 34% and 41%.

Survey 100

Survey Supply Chain Optimization Report Optimal Sourcing 100

Supply Chain Matters

OCTOBER 12, 2022

contraction threshold which is noted as the first time this has occurred since the depths of the global pandemic in 2020. contraction threshold which is noted as the first time this has occurred since the depths of the global pandemic in 2020. Report authors indicated that the September decline was quite broad-based.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making.

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

Supply Chain Insights

APRIL 9, 2013

To understand supply chain excellence, we have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. Each time that we run a new analysis, we learn more. How was it developed?

Gartner 137

Gartner Pharmaceutical Supply Chain Planning Software Supply Chain Strategy 137

EC Sourcing Group

FEBRUARY 16, 2021

As the pandemic surges on, your sourcing and contract management strategies may still be struggling. . Now that everyone is in their respective corners and in their work-from-home offices, there isn’t time for, “Hey, can I get an update on that?” KPIs include metrics such as: Compliance rate. Spend under management.

Optimal Sourcing 52

Optimal Sourcing Procurement Sourcing Strategies EC Sourcing 52

Kinaxis

JULY 8, 2016

What are they spending their time doing? How much time are the spending truly adding value to the supply chain and how much time are they spending doing simple, mechanical, yet important activities? Accenture has just released a white paper titled “Supply chain for a new age” which you can get here.

Supply Chain Planning Software 129

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 129

Unleashed

MAY 1, 2023

But just because something worked before doesn’t mean it’ll hold up in future market conditions. Protecting profit margins from ALC inflation ALC (Average Landed Cost) is a crucial metric in demand forecasting and inventory valuation. Mark Houghton – CEO at Radical Cloud Solutions , our cloud solution specialist in Zimbabwe.

Forecasting 96

Forecasting Supply and Demand Modeling Forecasting Software 96

ShipBob

NOVEMBER 24, 2023

It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more. Treating all stock the same can quickly lead to costly inefficiencies like overstocks and stockouts.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Supply Chain Shaman

FEBRUARY 16, 2016

At one time a three to five minute response would be seen as immediate. Now the expectation is immediate or real-time. As I drank a cup of coffee and waited, I reflected on the article I had just completed for the Institute of Supply Management. Today marketing is just marketing. Probably three to five minutes.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

Supply Chain Shaman

MAY 13, 2015

Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Instead, they just happened. Over time, companies acquired assets. Instead, I think that it needs to be holistic to balance the trade-offs of source, make and deliver together.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Talking Logistics

OCTOBER 8, 2015

That was certainly true at Starbucks, which went through some difficult times in 2008. Group 2: The Evolution of the Customer and Its Impact on Talent (Michelle Godwin). Group 3: Exploring the Link between Learning and Leadership (Adrian Gonzalez). Group 3: Exploring the Link between Learning and Leadership (Adrian Gonzalez).

Conference 100

Conference Supply Chain Software Supply Chain Strategy Supply Chain 100

Supply Chain Matters

MAY 23, 2022

This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. after reaching an all-time high of 76.2

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

SupplyShift

JUNE 2, 2021

The recent uptick of sustainability bonds from global companies like Wells Fargo, Bank of America, and most recently Amazon sends a strong market signal that focus on corporate Environmental, Social, and Governance (ESG) is no longer just a trend – it’s the new business imperative. At the same time, pressure from NGOs was on the rise.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

Supply Chain Matters

JANUARY 24, 2024

SAP CEO Christien Klein noted in the company’s reporting that: “ SAP has delivered: We met or exceeded our outlook for 2023 in all key metrics.” Free cash flow for the full year was reportedly up 16 percent to just over €5 billion, exceeding a revised outlook. Cloud gross margin at the end of 2023 was reported as 72.8 billion to €7.9

SAP 52

SAP Report Supply Chain Planning Software Predictive Analytics Software 52