Enterra Insights

MARCH 1, 2019

Industry 4.0 is the popular name given to the fourth industrial revolution ushered in by the digital age. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] ” Some pundits believe Industry 4.0

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Analytics Software 100

Supply Chain Shaman

MARCH 28, 2016

The first step in the journey is to analyze balance sheet results and understand industry trends. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. A Look at History.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

synchrono

AUGUST 22, 2016

While digital content and automated technologies gave birth to the modern marketer, a more real-time, digitally connected enterprise is driving modern manufacturing strategies like the Factory of the Future, Smart Manufacturing and Industry 4.0 – all of which are grounded in Demand-Driven Manufacturing methods. This got me thinking.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

Enterra Insights

AUGUST 18, 2021

Many experts believe the Internet of Things (IoT) is poised to revolutionize supply chain operations. By placing IoT sensors in critical equipment and machinery, a variety of performance metrics can be monitored, enabling the prediction of breakdowns and any other possible maintenance issues.” ” Concluding Thoughts.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

Supply Chain Shaman

SEPTEMBER 4, 2017

We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. The analysis was industry-specific. In the case of a company spanning multiple industries, we used our judgment to drive the assignment.

Supply Chain Planning Software 169

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 169

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. While process industries focus on the efficient supply chain of mass production, marketing strategies focus on late-stage postponement strategies and customization. Most are treading water. Many fail.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

Enterra Insights

DECEMBER 12, 2019

The term “industrial revolution” pays homage to this fact. ” Technology and Industry 4.0. .” ” Technology and Industry 4.0. The term “Industry 4.0” was coined to describe the Fourth Industrial Revolution. This is the power of the Industry 4.0 transformation now underway.”[3]

Analytics Software 100

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 100

Logility

OCTOBER 7, 2021

heads towards its second pandemic winter, there is talk of the far-reaching effects of a global economy in the grips of continued, unpredictable disruption, while at the same time many industries – life sciences being a significant one – are grappling with their own unique challenges and growing pains. As the U.S. Brad Pawlowski, Accenture.

Supply Chain Design Software 130

Supply Chain Design Software Optimal Sourcing Pharmaceutical Supply Chain Optimization 130

Logility

MAY 7, 2020

Companies across all industries and sizes struggle to make sense of and value from the available mountains of data. Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Organizations are simply overwhelmed.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

SYSPRO Smarter ERP

OCTOBER 30, 2023

Predefined metrics should be established for this inspection so that a pass/fail rating can be given. With the absence of an integrated workflow across departments, businesses can have multiple quality metrics and processes with conflicting goals. How an ERP helps QM Siloed departments cannot activate consolidated quality management.

Quality 105

Quality Manufacturing Supply Chain Design Software Supply Chain Planning Software 105

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out Industry 4.0 – Smart Manufacturing of the Future! The Internet of Things (IoT) enables the end to end connectivity of all aspects of our lives in an unprecedented manner. And the ability to leverage historic approaches has varied from company to company and industry to industry. Email Address.

Manufacturing 64

Manufacturing Internet of things Resource Reduction Price Mitigation Strategies 64

SCMDOJO

APRIL 9, 2024

The Industrial Revolution gave rise to large-scale production and transportation efficiency, which led to the modern logistics landscape that we know today. The Silk Road became a massively critical route that moved goods from the Mediterranean region to East Asia.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Supply Chain Insights

SEPTEMBER 2, 2014

While most companies have been able to make progress in one of these two critical metrics in the period of 2006-2013, they have not been able to make progress on both together. Will your UPS store or Third-party Logistics (3PL) provider, through printing on-demand, become the new provider of parts for industrial equipment?

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Design 253

Supply Chain Shaman

MAY 19, 2016

When full-year public data becomes available in April, we take each industry and analyze results over the period of 2006-2015. We analyze data for all public companies in thirty-two industries. For each industry, we publish an industry-specific report. It is one of the reasons that I left Gartner in 2010.

Gartner 158

Gartner Pharmaceutical Predictive Analytics Modeling Software 158

Supply Chain Movement

AUGUST 31, 2016

Launched in 2014 and brought to you by the eWorld Procurement & Supply team, The Procurement Summit will provide senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

Supply Chain Shaman

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. There is a lack of clarity on what drives value and metrics are functional. Inventory is often focused on as a singular metric, not as part of a complex supply chain system. Functional metric orientation. Cross-functional metrics alignment.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 216

IQMS

JULY 2, 2018

Manufacturers in the high-performance cohort captured in our latest survey are using real-time monitoring to aggregate metrics and gain a 360-degree view of manufacturing operations accessible from any mobile or handheld device. 53% rely on real-time monitoring to increase Overall Equipment Effectiveness (OEE) accuracy.

Manufacturing Procurement 71

Manufacturing Procurement Optimal Sourcing Manufacturing Inventory Reduction 71

synchrono

NOVEMBER 4, 2015

Data from machines, tools, applications, enterprise systems – any data source – is synchronized to drive decision-making (In our view, this also enables the Industrial Internet of Things – IIoT.). Align metrics – 6 metric categories to monitor for driving action in Demand-Driven Manufacturing environments.

Manufacturing Procurement 75

Manufacturing Procurement Manufacturing Internet of things Demand Planning Software 75

Supply Chain Game Changer

AUGUST 27, 2020

With this data, managers can better understand the company’s results and all the metrics that their activities generate. The Internet of Things. The Internet of Things is the field of technology in which products, devices, tools and any other mechanism connect to the internet to exchange information.

Supply Chain Software 52

Supply Chain Software Optimization Software Demand Planning Software Logistics Network Optimization Software 52

Enterra Insights

JUNE 17, 2022

Ismail explains, “Smart cities use Internet of Things (IoT) devices and sensors to gather and analyze information across infrastructure. Numerous smart city products are left exposed to the open internet. These are not crazy, QAnon-like conspiracy theorists; rather, they are individuals with genuine concerns.

Predictive Analytics Software 130

Predictive Analytics Software Supply Chain Network Software Analytics Software Supply Chain Planning Software 130

Arena Solutions

APRIL 4, 2023

The engineering/manufacturing sector has a captivating attraction as a lucrative field for starting a career, thanks to technological developments and the exciting possibilities of working in industries like medical devices, electric vehicles (EV), aerospace and defense, consumer electronics, and biotechnology on cutting-edge products.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. Is the announcement good for the industry? In 2014 Thoma Bravo acquired GHX, a Supply Chain Operating Network for healthcare. New Business Models.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

Oracle SCM

APRIL 22, 2016

This week, Andrew Hughes of LNS Research authored an interesting blog that included the chart below, which was produced as part of a "Metrics that Matter" survey. This survey is supported by industry group MESA, and is being executed by LNS Research. Read our article: Industry 4.0

Manufacturing 60

Manufacturing Company Analytics Software Internet of things 60

3PL Insights

FEBRUARY 19, 2019

It’s even starting to be integrated into many industries especially supply chain. This technology is helping to lower costs, increase productivity, and improve key performance metrics. Plus, with the driver shortage that the industry is currently facing, this technology could be the solution in the next few years.

Supply Chain Software 95

Supply Chain Software Inventory Management Software Supply Chain Inventory Reduction 95

GlobalTranz

MARCH 7, 2016

The digital business landscape for a shipper, such as the use of an ERP, TMS, and other digital aspects, such as The Internet of Things , provides unparalleled insight into how an organization in the supply chain can improve efficiency, visibility, and productivity.

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Oracle SCM

JUNE 14, 2018

With the increasing use of new technologies in an Industry 4.0 quintillion bytes of data created each day, and that pace is only accelerating with the growth of the Internet of Things (IoT). context, data is coming in from more and more sources. We are creating more and more data every day. We are creating a lot of data.

Manufacturing Procurement 96

Manufacturing Procurement Predictive Analytics Software Manufacturing Modeling Software 96

Enterra Insights

FEBRUARY 1, 2021

Multiple factors are driving supply chain digitalization, including the growth of big data, artificial intelligence (AI), robotics and the Internet of Things (IoT). Gartner explains, “An organization’s digital ecosystem is a network of people, businesses and things interacting through real-time integrated solutions.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Optimization 113

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. The frequency of the plan needs to be common across the organization. If one business has a weekly planning system, and another has a monthly system, good luck!

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

Supply Chain Shaman

JUNE 14, 2014

It is one thing to write it, but it is a horse of another color to defend it. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. Across the industries, this is the case. I think that this industry is poised for a tipping point. But, Could We?

Optimal Sourcing 283

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 283

Supply Chain Shaman

JUNE 18, 2015

In discrete industries, the early supply chain organizations reported to procurement. In contrast, in the process industries, the supply chain organization reported to manufacturing. When there is a common reporting strategy, progress in metrics performance at the intersection of operating margin and inventory turns is faster.

Sourcing Strategies 150

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Design 150

Arena Solutions

FEBRUARY 27, 2024

Companies looking for a more comprehensive industrial transformation toward climate neutrality and long-term viability must include circularity as part of their business model. Integrate this agenda with other plans (like an industrial or digital strategy) and track progress using metrics.

Material Savings 52

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 52

OptiProERP

NOVEMBER 21, 2022

2022 has proven to be both positive and disruptive for the manufacturing industry. In 2022, Industry 4.0 Industry 4.0 Industry 4.0 What is next for the manufacturing industry? Manufacturing Industry Trends to Watch for in 2023. IoT (Internet of Things) Will Grow Bigger. While Industry 4.0

Trends 52

Trends Manufacturing Predictive Analytics Software Supply Chain Software 52

Kinaxis

APRIL 24, 2015

by Andrew Dunbar Google “Top 10 supply chain challenges” and you’ll find 44 million different opinions on the biggest issues our industry faces today. Many are filled with our favourite industry buzzwords: Visibility , Risk Management , Cost Pressure, The Internet of Things, Security Threats… and the list goes on.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 100

Turvo

MAY 4, 2021

For many managers at any carrier or trucking company today, profit margins are their most important metric. Data gets gathered, analyzed, and applied in many ways by management, as well as continues to grow in volume through these technologies: The Internet of Things (IoT). Stay Apprised of Industry Trends.

Analytics Software 59

Analytics Software Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software 59

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Now the role of Supply Chain is certainly different from one industry to the next. End to End Supply Chain Visibility and the Internet of Things (IoT).

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

RFgen

FEBRUARY 2, 2015

A recent Supply Chain Digest article suggested that the overall equipment effectiveness metric is still relevant in today’s factories. The metric works not only for individual machines but for entire factories. A Metric that Works. The current generation of robotics is such that most things are now done by machines.

Supply Chain Software 52

Supply Chain Software Data Software Internet of things 52

RFgen

FEBRUARY 2, 2015

A recent Supply Chain Digest article suggested that the overall equipment effectiveness metric is still relevant in today’s factories. The metric works not only for individual machines but for entire factories. A Metric that Works. The current generation of robotics is such that most things are now done by machines.

Supply Chain Software 52

Supply Chain Software Data Software Internet of things 52