Five Reflections From Supply Chain Planning Benchmarking

Supply Chain Shaman

In my work with Supply Chain Insights , I immerse myself in learning. I continually question my long-held beliefs on supply chain excellence. . When readers finish a Supply Chain Shaman blog, I want to drive a set of unique takeaways. Today, I am going to share five insights that I have gleaned from our work on Supply Chain Planning Benchmarking. Figure 1: Supply Chain Planning Benchmarking Methodology Overview.

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Initially companies believe regional planning systems easily adapt to become global, but they quickly learn otherwise and hit roadblocks. Success in Supply Chain Planning Is a Flip of a Coin. 4) Plan By Design.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Which supply chain planning processes should we automate?

ToolsGroup

Now that more companies are embracing supply chain planning productivity and automation, many firms are asking which processes they should automate. Gartner says that the attitude towards supply chain planning productivity and automation has changed dramatically. These are areas, they say, that can be run quite autonomously , sometimes known as “low touch planning” or “ algorithmic planning.”. Conscious supply chain planning at the top.

Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

With supply chain 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 supply chains and business continuity. Commonly companies will use a “firefighting” response in times of supply chain disruption in order to meet service levels.

Tips for Getting Executive Buy-in for Supply Chain Planning Software

ToolsGroup

Are you making an action plan of all the things you could do better and faster with your supply chain planning software when the next global crisis hits? The disruption we’ve seen in supply chain planning as a result of the pandemic is unprecedented. And as companies have learned the hard way, you can’t rely on the traditional planning models you’ve always used to get you through this new reality.

Supply Chain Planning

LeanCor

Balancing the People, Processes, and Purpose of Supply Chain Planning. To be a leader in supply chain planning is to own a complex system, where you are at the nexus of hundreds, maybe even thousands, of different parties with their own constraints and goals in mind. When engaging in supply chain planning, LeanCor has identified three areas that need to remain in balance: 1) Purpose.

Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP). Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe.

Supply Chain Planning in Emerging Markets: Four Points to Remember

ToolsGroup

Supply chain planning in emerging markets is different. And while each market can be unique, we found a few repeating themes in our own experience and from sources including Gartner and our customers Procter and Gamble (P&G) and Cipla Medpro. Now supply chain professionals have another different set of challenges on how to get product to the entire country where consumer-oriented outlets (i.e. Not knowing how much inventory is at each location.

Yowza! A Nine-Step Decision Process to Help Guide Supply Chain Planning Selection

Supply Chain Shaman

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. Let’s face a hard fact: the supply chain planning market is a mess. They center on how to make a good decision in the purchase of supply chain planning solutions. What do I think of the Gartner Magic Quadrant on Supply Chain Planning System of Record? (I

How to Attain “Stage 4” Supply Chain Planning Maturity

ToolsGroup

Gartner has identified five stages of supply chain planning maturity and they say that 70-80% of companies plan to increase their supply chain planning (SCP) technology spend over the next two years to climb to the next level. Stage 3 is where firms coordinate their supply chain processes—shifting concentration from functional capabilities to end-to-end processing for more planning visibility across the wider chain.

Supply chain planning – it’s time to get personal

Kinaxis

Supply planning – to profitably align supply with demand. When I was planning supply, it wasn’t unusual to have a dinner interrupted, a weekend cut short or a vacation disturbed. It wasn’t a surprise when a supplier shipped late, a machine was suddenly overloaded or a demand planner informed you that you were working off the wrong demand plan. This meant it took too long for supply planners to understand the impact of demand changes.

Four Reviews of DDMRP for Supply Chain Planning

ToolsGroup

Source: The Enterprise System Spectator. In recent months four experts have weighed in on Demand Driven Material Requirements Planning (DDMRP). Lora Cecere of SC Insights was the first of the supply chain expert opinions I saw on DDMRP. She says she believes DDMRP “buffers are only a piece of the answer” and that “forecasting plays a vital role in determining the rules for inventory buffers.” He is a great thinker on inventory planning and demand management.”

Is your supply chain planning ready for the “Experience Economy”?

ToolsGroup

Gartner says, “To guarantee this, the supply chain operating model must change. Supply chains need to deliver new types of customer experiences, and they will do so through virtual ecosystems that are powered by new digital technologies, including artificial intelligence (AI),” says Gartner. They vastly improve predictive capabilities by deriving insights from huge and diverse data sources including social feeds , weather forecasts and peer reviews.

Conquering the Explosion of Supply Chain Planning Data

Logility

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. This article will discuss the opportunity generated from the explosion of supply chain planning data and the necessity for digital supply chain transformation. Exponential Growth in Supply Chain Data. Digital Supply Chain Transformation.

How Gartner Sees the Future of Supply Chain Planning

ToolsGroup

Source: Algorithmic Supply Chain Planning: The Future of SCP , Amber Salley, May 2016. The analyst firm says algorithms “are now feasting on the wealth of data becoming available, leveraging the huge computing resources in the cloud and becoming a pivotal source of competitive differentiation.” Michael Burkett presented Supply Chain 2025: Planning the Future Supply Chain; followed by Amber Salley presenting Algorithmic Supply Chain Planning: the Future of SCP.

Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supply chain planning (SCP). Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe.

What’s Wrong with your Supply Chain Planning System: Twelve Symptoms

ToolsGroup

Source: Gartner Research. The right SCP technology avoids key symptoms that reduce planner productivity, plan timeliness and plan usability. Now with Gartner’s help, supply chain execs can do something similar with their supply chain planning (SCP) system. They are: Too much manual intervention - SCP technology should integrate the planning functions in a unified model so planners don’t have to move data themselves between stakeholders.

Data integrity: Bad data and 3 good things to do about it when supply chain planning

Kinaxis

by Bill DuBois Every business plans, but not every business runs as planned. Delays, shortages, quality issues, catastrophic weather events and fluctuating commodity prices are just a few examples of the exhaustive list of worries that will throw plan into disarray. Achieving a realistic forecast and aligning supply plans is an extreme long shot at best. The best supply chains need to manage business when it’s not business as usual.

Solving the Supply Chain Planning Puzzle

Logility

Back to reality, today’s manufacturers face a long list of difficult supply chain challenges including increasing demand variability, inventory proliferation, manufacturing capacity constraints, increasing risks both nature and human based, more environmental compliance regulations, intense global competition, increasing customer expectations and a shortage of talent. An estimated, 75% of available supply chain data originates from outside the ERP system.

How a changed business model initiated a new supply chain planning approach

ToolsGroup

T he telecom provider business model was traditionally about delivering networked voice and data to homes and businesses, therefore not necessitating strong supply chain planning. The following is how a few telecom providers learned to react to the change, adopting a more aggressive approach to supply chain planning, and breaking through their supply chain and business performance barriers.

Supply Chain Planning for a Green Supply Chain

Adexa

Some examples are changing the energy source from conventional fuel to renewables or building environmentally friendly plants, producing cars with zero emissions or making appliances that are highly efficient. So why not monitor the “carbon footprint index” of the production in the supply chain every time we plan the production? A supply chain planning system is capable of producing plans for the future.

How a changed business model initiated a new supply chain planning approach

ToolsGroup

T he telecom provider business model was traditionally about delivering networked voice and data to homes and businesses, therefore not necessitating strong supply chain planning. The following is how a few telecom providers learned to react to the change, adopting a more aggressive approach to supply chain planning, and breaking through their supply chain and business performance barriers.

Supply Chain Planning in the Digital Age

Enterra Insights

In 2017, Gartner introduced a Supply Chain Planning Maturity Model with five planning stages. In the lowest stage (Stage 1), supply chain planning is inside-out, fragmented, local, unconstrained, and focused on revenue. In Stage 2, supply chain planning remains inside-out but achieves functional scale, local optimization, and focuses on reducing costs. Stage 3 straddles the line between inside-out and outside-in planning.

Solving the Supply Chain Planning Puzzle

Logility

Back to reality, today’s manufacturers face a long list of difficult supply chain challenges including increasing demand variability, inventory proliferation, manufacturing capacity constraints, increasing risks both nature and human based, more environmental compliance regulations, intense global competition, increasing customer expectations and a shortage of talent. An estimated, 75% of available supply chain data originates from outside the ERP system.

Keeping It Local: How Shorter Supply Chains Impact Supply Chain Planning

ToolsGroup

After decades of longer and more global supply chains, some are becoming shorter and more localized. This trend has important implications to supply chain planning. Contracting Supply Chains. . A recent special report by The Economist says that while most people assume that shrinking supply chains are caused by political factors such as tariffs, in fact there are deeper long-term trends at play.

Step Five: Stage Five Supply Chain Planning System of Record (SCP SOR)

Kinaxis

As you can probably guess, this is the last step in reaching Stage Five for your Supply Chain Planning System of Record (SCP SOR). Data scientists are the new generation of supply chain planners. Supply chain is a risky business! Risk management is being seen as a strategic imperative in supply chain. Events like natural disasters, world economic issues, regulatory changes, demand volatility all wreak havoc on your supply chain.

How Do You Define a Mature Supply Chain Planning Organization? (Part 1)

Supply Chain Shaman

At that time, they planned on spreadsheets. Their goals were lofty, but their understanding of supply chain planning was hazy. In 2006, they made a decision to implement a supply chain planning solution. The cost was 60% more in than average; but even more unfortunate, they never got a good understanding of how to use the planning system. Table 1: Characteristics of a Mature Planning Organization. Tactical Supply. Inventory.

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. Drivers of supply chain planning digitization vary significantly by company, with 42% identifying increased operational efficiencies (e.g. PRESS RELEASE.

Study 131

Supply Chain Planning in a Changing World

Enterra Insights

Plans are static and remain applicable only if the status quo doesn’t change — but change is unrelenting. Eisenhower once observed, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” Disruption continues unabated in virtually every sector and industry, making it difficult for organizations to feel confident in their long-term plans. Yet plan they must, or risk being disrupted themselves.”

Transforming Your Supply Chain Planning, Transforming Your Business

ToolsGroup

Last week we described how attitudes towards improving supply chain planning productivity are changing. And firms are asking, “ Is all this non-value added effort preventing us from reaching higher levels of planning maturity? ” Last week we highlighted five organizations that dramatically reduced human intervention with “autonomous” or “low touch” planning systems. Thinking Differently About Planning. Click below for a Supply Chain Brief on this topic

The Future of Supply Chain Planning

Enterra Insights

Few people would argue that lack of planning is a good thing. ” Do things always work out according to plan? Eisenhower once observed about planning. He said, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” ” Lora Cecere ( @lcecere ), founder and CEO of Supply Chain Insights, believes too many supply chain professionals have forgotten the fundamentals of planning in the digital age.

E2open Supply Chain Planning System of Record

E2open

Comprehensive and robust, E2open’s Supply Chain Planning System of Record is a unified system for planning core supply chain operations, including demand, replenishment, inventory, production and order promising. Learn more > The post E2open Supply Chain Planning System of Record appeared first on E2open | Demand. Supply.

Autonomous or ‘Lights Out’ Supply Chain Planning; what is really required?

Supply Chain Trend

If you operate in the supply chain or the planning world, it is hard to not come across terminology like supply chain planning 4.0, ‘light touch’ planning or ‘lights out’ planning. Autonomous vehicles are driving around everywhere, so why should we not have the ambition to achieve autonomous supply chain planning? Wave 1 – Enterprise Resource Planning. But planning was not the sole focus.

6 Key Supply Chain Planning Strategies to Prepare for the New Normal

Supply Chain Nation

The data used to drive statistical safety stock calculations should also be scrubbed to ensure that the wild swings in forecast accuracy, vendor reliability, and lead time variability don’t lead to unsustainable inventory levels in an attempt to meet customer service goals.

3 Supply Chain Planning Fundamentals for the Holidays

Oracle SCM

This blog post was co-authored by Lionel Albert, Oracle's Senior Director EMEA, Manufacturing and Supply Chain Planning. It starts with planning. Each year, manufacturers and retailers face the challenge of planning properly for the often unpredictable surge of holiday demand. Customers also have the ability to buy online return in store (BORIS), so inventory can be returned almost anywhere throughout the distribution network.