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Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. My goal is to understand the impact of technologies and processes. Today, we have a number of burning platforms. It is easier said than done.
Technology can change or even improve work. We are not designing work with the human factor in mind. The goal of human factor process design is to make it easy for employees to do the right thing (and hard to do the wrong thing). What’s missing? A recognition of the reality of the current state.
While the supply chain technology market lost its allure at the start of the last decade, it is now cool again. Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The supply chain technology market is responding. Today, supply chain excellence matters more than ever.
As I look around, I see examples of Stretch Armstrong in the technology and logistics realms. In the logistics realm, managed services is another example. Which technology applications should we invest in? Do we implement those applications in-house or use software-as-a-service solutions?
Supply chain networkdesign (SCND) is a powerful tool for improving business operations. Supply Chain NetworkDesign Components SCND team’s first goal is to build a baseline model that represents the current state of the business. Optimization and simulation are the two main branches of SCND. But it has gaps.
Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.
During the pandemic, companies struggled with planning systems turning off the optimizers, and using the technology as a system of record. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Show the technology vendors touting digital and AI transformation the door.
With schema-on-read technology approaches, we no longer have to focus on making data perfect. The range of bullwhip from the order to planned orders for manufacturing was 2.5-4.0. Outsourced manufacturing had a bullwhip of 8-9. third-party manufacturing) build resilience. Making the shift is important for manufacturers.
I know that your primary focus is procurement. However, few measure it, and no technology is available to drive a learning engine to minimize the bullwhip impact. I observed companies use the beer game as an educational tool or a social networking activity. ” Anna, this blog post is for you. I don’t know.
In particular, Ferguson’s supply chain is built for speed and to provide high service levels. Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. The company uses a networkdesigntool from Coupa. Ferguson Invests in Best of Breed Technology.
Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Each requires design and fine tuning. However, only 9% of companies actively design their supply chains. Design Your Value Chains. The gaps between business leaders grew.
Whether its demand forecasting, networkdesign, or manufacturing optimization, AI is enabling companies to respond faster and smarter to disruption. NetworkDesign Is Top of Mind There was a strong interest in network optimization and resiliency, especially in the face of tariffs and global disruptions.
At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. The culture is dominated by “lifers” and technology investment is conservative. Keith was an undisputed leader in building talent to drive manufacturing excellence. Lessons to Learn.
We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Many try to start with technology. NetworkDesign Analysis.
The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in networkdesign solutions. With the use of advanced technologies, planning decisions can also be automated.
Belcorp’s Maturity in Supply Chain Design. When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. Using this software effectively is about more than the functionality. They started with IBM’s LogicNet solution.
For everyone trying to navigate new technology options, this is an important question. With the evolution of Enterprise Resource Planning (ERP) platforms and the zealous implementations of many business consultants, the basics of planning were lost. Today, the client-server technology vendors are moving to cloud-based deployments.
Many virtual attendees were also present, with representatives from across logistics, procurement, manufacturing, IT and sustainability not only learning from the esteemed speakers presenting, but also sharing their expertise and experiences. All this ensures the most holistic approach to supply chain management on a single platform.
Supply Chain Matters features its latest full edition of This Week in Supply Chain Management Tech , a compilation of funding, partnership and other noteworthy announcements related to supply chain technology providers. a Japan based global supplier of mechanical components for the manufacturing industry.
For the purpose of this discussion, I define agility as the design of the supply chain to deliver the same cost, quality and customer service given a level of both market volatility and process variability. It requires design. Additionally, through network strategies, be sure to design your warehouses for flows.
My Perspective and Point of View Traditional supply chain technologies depend on relational database structures. Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Graph architectures also use different optimization technologies.
We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. The answer lies in networkdesign, demand sensing, and the simplification of product platforms.
Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” What is the issue? These capabilities do not exist at Ford.
Supply chain NetworkDesign can be explained as the strategic planning of the supply chain in order to measure the cost and the time required to bring the goods and services from manufacturers and suppliers to the market. Procurement costs and processes. Importance of networkdesign in supply chain.
My first job was in manufacturing in the 1980’s. The focus of APICS is manufacturing, CSCMP’s foundation is in logistics, and ISM serves the procurement organization. For reference, 52% of companies have a networkdesign group, and 40% of these companies think that they do it well. They lack alignment.
The article is written and the story is spun, but the solution offered is a supply-centric solution based on yesterday’s technology. The original principles of a value network that can sense, shape and translate demand with near-zero latency are being lost in the fog. Their current technologies are inadequate. It is still early.
Forget static networkdesigns and gut-feel decisions. By harnessing the power of data science and analytics, you can gain end-to-end visibility across your entire network, breaking down information silos and optimizing every stage of your operations. That’s where data analytics comes in.
Supply Chain NetworkDesign Along with the design of supply chain strategy, the design of the supply chain itself, especially the part dealing with outbound distribution from plants or warehouses, is instrumental in the success or failure of businesses.
Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. Instead, it should be an information exchange virtual platform.
Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Each requires design and fine tuning. However, only 9% of companies actively design their supply chains. Design Your Value Chains. The gaps between business leaders grew.
Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Each requires design and fine tuning. However, only 9% of companies actively design their supply chains. Design Your Value Chains. The gaps between business leaders grew.
After two decades of process and technology refinement, excellence in demand management still eludes supply chain teams. Previously, the focus was on a more siloed approach to improving manufacturing, procurement or logistics. 4) Data Model Design. The traditional technique is to forecast what manufacturing should make.
However, this mature team found the technology insufficient. They gave lip service to the need for IT standardization, but ran their process on a custom built model that enabled reverse bill of material, and profitability analysis. The Y charts service is a syndicated data feed of all public financial reporting.
The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Nine times out of ten improving customer service requires different management of the budget cycle and a rethinking of financial planning. Background. The supply chain is a complex non-linear system.
Challenge them to build new capabilities working with innovative technology leaders. The innovation you need today will not come from large consultants or technology companies. Strategy to NetworkDesign. The best supply chains are designed against business goals with conscious trade-offs. It requires leadership.
Postal Service seeks record price hikes to bolster falling revenues (CNN). Waitrose trials “in-home delivery” service (Reuters). DeliveryCircle Launches New SaaSPlatform for Same-day, Last Mile Delivery. Apple Tells Congress That Global Supply Chain Wasn’t Compromised (Bloomberg).
production of alternative models, or halting vehicle manufacturing for the U.S. For example, some OEMs in the past, like Mercedes-Benz, manufactured Sprinter vans in Germany, then partially disassembled them for shipment to South Carolina, where they were reassembled to avoid U.S. market in Mexico. million U.S.
At a Glance: We’ll be discussing some of the best supply chain management online courses from around the world from some of the most renowned platforms in education and supply chain, including SCMDOJO, CIPS, Coursera, MITx etc. It covers the basics of procurement, including procurement strategies, contract management, and supplier selection.
The second issue is treating supply chain planning as a technology project implementation. Putting in the technology is the easy part of the project. However, if the focus is on implementing technology quickly, the teams never refine the models to improve outcomes and build planning capabilities. Planners need time to plan.
Together with logistics service provider DSV, Supply Chain Movement has created a mindmap outlining the route for the medical device supply chain, including road signs indicating potential hazards along the way. >>Please Manufacturers of medical technology (‘medtech’) must choose a clear strategy: Plan.
Here I share insights on the work we are doing on the Network of Networks, and Five Trends that Excite Me. Building the Network of Networks. I am facilitating a workshop between supply chain business visionaries and technology innovators. Five Technology Trends That Excite Me. It will take us awhile.
We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.” The answer lies in networkdesign, demand sensing, and the simplification of product platforms.
Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Supply Chain Visibility refers to tracking and monitoring the movement of goods, services, and information throughout the supply chain. However, they are also susceptible to disruptions and risks.
Are those designing your launch vehicle (networkdesign, factory planning) communicating directly with flight planners (transportation planning) on projected transportation time and cost impacts of various network layout and materials sourcing options? It sounds ridiculous, doesn’t it? Planning as a Way of Life.
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