Unleashed

OCTOBER 31, 2023

Greater compliance lifts your reputation within your industry, and amongst your customers, and it improves your standing with compliance monitors. Manufacturers can leverage this to attract, hire, and keep the best people in their industry while establishing a reputation as a preferred place to work. Leveraging Industry 4.0

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

In IDC’s recent Future Enterprise Resiliency & Spending Survey (Wave 2, IDC, April 2023), an average of 40% of supply chain organizations already invest in generative AI, with knowledge management as the top focus for generative AI applications. Generative AI can help industries solve challenges and improve operational efficiency.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

PINC

AUGUST 3, 2020

and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. To fill these gaps, a growing number of companies operating in the consumer sector have adopted the “on-time in-full” (OTIF) delivery metric. Survey Says…. McKinsey & Co.,

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Logistics Viewpoints

FEBRUARY 16, 2021

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment.

Supply Chain Visibility 284

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 284

Supply Chain Insights

MAY 11, 2012

When I started Supply Chain Insights, I hired a researcher to collect and harmonize balance sheet data for the key industries for the last twenty years. She has collected twenty years of balance sheet data from ten industries and continues to collect the rest. ” We will report on how this is changing by industry.

Industrial 125

Industrial Industry Supply Chain Design Software Supply Chain Design 125

Supply Chain Shaman

MAY 1, 2023

Increasing Need for Strategy Clarity The evolution of GPT and AI crazes the industry. As shown in Figure 2, in a recent survey, we find that only 23% of companies are clear on the role of the supply chain as it ties to the business strategy. Educate on the importance of designing flows and aligning metrics. I hope this helps.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

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

The Logistics of Logistics

JULY 19, 2023

For the study, Coyote worked with a 3rd party research firm to survey over 500 supply chain decision makers. Industries included manufacturers, retailers, automotive, food & beverage, CPG and healthcare shippers. Businesses ranged in size from $250M to over $5B in annual revenue. 81% were from the U.S., and 19% were from Canada.

3PL 141

3PL Trends Third Party Logistics Milwaukee 141

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Types of Ocean Freight Contract POSSIBLE TOOLS FOR BENCHMARKING RATES Like in any industry, we gather market Intelligence through our own network. The survey of each LSPand their respective mode may take only 1 minute or so to complete. This network could be customers, other shippers and also carriers, and 3PLs.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

E2open

JULY 15, 2015

New Survey Shows Many Organizations in a Holding Pattern With VMI Program Implementation. However, a new survey from Gatepoint Research and E2open finds that legacy systems are proving to be a barrier not only to successful VMI, but also to actual program implementation. To view our latest VMI research, download the survey here. . .

Survey 60

Survey Inventory Management Software Supply Chain Planning Software Forecasting Software 60

Supply Chain Shaman

JUNE 13, 2017

When we look at the relative progress of industries within the Technology Value Networks in Table 1, you see a lot of red. The first number in a cell represents the average value for a specific industry for 2010-2016, and the percentage on the second line is a comparison of the average for 2010 when compared to 2016.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 0

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

APRIL 25, 2013

The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. I believed that supply chain excellence could not be generalized from industry to industry. I wanted to better understand which metrics truly mattered. Definitions.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 257

QAD

JANUARY 6, 2022

In 2020, Deloitte conducted an extensive survey about digital transformation and found that: “Digitally mature companies enjoy a wide range of specific benefits arising from their digital transformations that include, but go well beyond, the bottom line. The authors refer to the bounty of benefits that accrue from digital maturity.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 93

SYSPRO Smarter ERP

APRIL 11, 2022

survey , 57% of manufacturing CFOs agree that proficiency and knowledge to create an effective plan to operationalize and transition the business into a digitalized and automated manufacturer is the most critical factor globally. Driving industry 4.0. The modern CFO. According to the 2021 SYSPRO CFO 4.0 The SYSPRO CFO 4.0

Manufacturing Procurement 105

Manufacturing Procurement Distribution Supply Chain Design Software Manufacturing 105

The Logistics & Supply Chain Management Society

MAY 28, 2022

And what are the key industry trends and innovations? In a recent Federation of European Risk Management Associations (FERMA) survey with McKinsey , business operations and supply chain emerged as weak points in the areas of risk and resilience. Will the environment improve in 2022 or get worse? Utilise powerful software solutions.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Supply Chain Shaman

MAY 29, 2014

I just don’t think the comparison of very different industries in a spreadsheet based on growth, inventory values, and Return on Assets (ROA) is meaningful. Take the chemical industry. As a result, the metrics have to be viewed together as a pattern over time. I find value in looking at these metrics together.

Gartner 301

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 301

Logility

JANUARY 14, 2021

Benchmark Based on Global Survey Highlights Logility’s Leadership in Ease of Use and Driving Rapid Benefits. Logility scored significantly higher than its peers’ average in areas such as low total cost of ownership (TCO), user experience, high availability, industry specialization, out-of-the-box availability, and availability of training.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimization Software Analytics Software Demand Planning Software 130

ToolsGroup

SEPTEMBER 30, 2019

Between April and July of 2019, we surveyed 200 supply chain professionals across industries as part of our study, titled: Digital Transformation in Supply Chain Planning: On Pace or at Risk? Check out the survey report for complete results and helpful insights.

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 168

Material Handling & Logistics

SEPTEMBER 8, 2017

The Institute for Supply Management conducted a special survey that asked members to assess how Harvey might impact six key business metrics and whether they may be impacted by shortages of input materials due to Harvey. "Our Indeed, the results of our ISM Report On Business Survey indicate ongoing challenges for U.S.

Metrics 98

Metrics Texas Chemicals Supply Chain 98

IQMS

JUNE 4, 2019

99% of mid-market manufacturing executives are familiar with Industry 4.0, yet only 5% are currently implementing or have implemented an Industry 4.0 Mid-market manufacturers getting the most value out of Industry 4.0 Demystifying Industry 4.0 Delving into the specifics of Industry 4.0 no opt-in).

Supply Chain Planning Software 56

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Sourcing Strategies 56

Supply Chain Shaman

MAY 6, 2014

Then I go to a conference like Logimed USA, and I get immersed in another industry—like medical devices—which is a decade behind CPG/retail, and I get a reality check. In the medical device industry, they have no scorecards with hospitals and they are just starting on the adoption of the GS1 standards. It is useful to get perspective.

Supply Chain Software 296

Supply Chain Software Conference Supply Chain Planning Packaging 296

Supply Chain Shaman

MARCH 6, 2015

The survey will be open for four more days. So, while I have not heard the responses from the voices on the phone responding to the results from the survey about centers of excellence (I love connecting with supply chain leaders on these types of trends), nor having finished the quantitative research, here are some trends that I am expecting.

Supply Chain Design Software 150

Supply Chain Design Software Network Design Software Inventory Reduction Supply Chain Design 150

Supply Chain Shaman

MARCH 6, 2015

The survey will be open for four more days. So, while I have not heard the responses from the voices on the phone responding to the results from the survey about centers of excellence (I love connecting with supply chain leaders on these types of trends), nor having finished the quantitative research, here are some trends that I am expecting.

Supply Chain Design Software 150

Supply Chain Design Software Network Design Software Inventory Reduction Supply Chain Design 150

Kinaxis

JULY 18, 2014

Even if you’re not you should check out Supply Chain Insights, Supply Chain Metrics That Matter. The research benchmarks A&D companies against other industries and looks at the top five A&D companies over the last decade. The obvious challenge is the complexity in the A&D industry.

Supply Chain Planning 224

Supply Chain Planning Supply Chain Design Aerospace Supply Chain Strategy 224

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Logistics Viewpoints

FEBRUARY 3, 2022

Companies knew this, which is why 93% of senior supply chain leaders surveyed in May 2020 by consulting firm McKinsey planned to increase inventories of key products and materials while also diversifying their supply base and localizing or regionalizing both supply and production. A change to one link (e.g. on-time delivery).

Inventory Reduction 290

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 290

Supply Chain Shaman

FEBRUARY 14, 2022

Industries carried on average 32 days more inventory in 2020 than in 2007. (I Organizations can align to drive value despite the allegiance to functional metrics. The industry considers the company a leader, but I know the dark side that internally, the IT processes squash innovation. I give you this evidence in this blog.).

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

IQMS

JULY 24, 2019

No matter the sector – industrial equipment manufacturers, metal fabricators, distributors – companies are hungry for real-time visibility into their entire operation to clearly see bottlenecks, adjust and improve productivity. Yet even today, in the era of the connected enterprise and Industry 4.0, Real-World Success.

Real-time Visibility 71

Real-time Visibility Optimization Software Supply Chain Planning Software Supply Chain Network Software 71

QAD

MARCH 9, 2023

Only 2% of companies felt completely prepared for the pandemic and 57% reported serious disruption in a recent survey. Automotive and industrial product companies were among the hardest hit. That means looking at the right metrics. Be influenced by metrics that transcend operations, profitability, and risk.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95

Supply Chain Shaman

MAY 1, 2014

I said, “I am sorry, but I think that the industry needs to face some cold hard facts.” ” The discussions at the event reminded me of dialogue that I heard in other industries a decade ago. This is why I think that the industry needs to get serious about supply chain management. Current State. It matters more.

Supply Chain Planning Software 289

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 289

crisp

DECEMBER 15, 2021

The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. For more industry best practices, subscribe to the blog.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

The Logistics of Logistics

JUNE 23, 2022

Yes, all parties have metrics and KPIs that help them know when to switch carriers or where to throttle ordering, but that’s not acceptable to customers. The survey also found that although many companies have arranged international shipments early this year, most continue to rely on the spot freight market to move goods.”.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

Precoro

NOVEMBER 13, 2023

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Supply Chain Insights

MAY 10, 2017

I have never been a survey taker. And for at least that long, I have consumed every report based on surveys among the industry trade press, analysts, consulting firms and vendors. All that data has a purpose, and I have always appreciated the validation that my own understanding of the industry is pretty much dead on.

Survey 110

Survey Supply Chain Planning Software Modeling Software Retail 110

Supply Chain Matters

SEPTEMBER 22, 2023

From a global perspective, there were messages related to growing trade tensions, deglobalization, climate imperatives and generally how industry supply chains have been, and continue to be impacted by these trends. They need to be prepared with response plans and added capabilities.” Starting salaries are second only to data engineers.

Conference 105

Conference Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 105