Supply Chain Shaman

JANUARY 9, 2024

Most supply chain leaders are stuck in their own paradigms. As an old gal, with over forty-years of supply chain experience, writing this report for ten years taught me many lessons. Please use caution, few led a Supply Chain to Admire Award Winner. Wrap-up Spend time with the report.

Supply Chain Planning Software 386

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 386

Logility

AUGUST 7, 2017

Often, it becomes necessary to reevaluate how supply chain performance is measured to ensure healthy operations. Ask yourself, “Are your supply chain metrics bogging you down?” Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Jaggaer

NOVEMBER 14, 2024

In today’s dynamic market, procurement is far more than just a buying and purchasing center. Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? Here are some key insights from the e-book.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 52

Talking Logistics

SEPTEMBER 18, 2014

According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it.

Supply Chain Design Software 250

Supply Chain Design Software Big Data Supply Chain Visibility Optimal Sourcing 250

My Office Apps

OCTOBER 21, 2024

Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Vendor Relationship Management (VRM) helps businesses manage supplier interactions, track performance, and ensure smooth procurement processes.

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). Accessibility.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Logistics Bureau

DECEMBER 22, 2024

KPIs in Supply Chain The Basics As in any business activity, supply chain operations need to focus doggedly on improvement to compete in the marketplace, but how do you know if your supply chain performance is satisfactory or getting better or, god forbid, worsening? Thats where KPIs come in.

KPI 74

KPI Agile and Lean Supply Chain Supply Chain Strategy Supply Chain 74

Jaggaer

OCTOBER 24, 2024

Leveraging advanced analytics : You can use analytics to identify top-performing suppliers as well as address any issues based on supplier performance metrics. Analytics also help you better evaluate potential suppliers, pinpoint cost-saving opportunities, and strengthen future sourcing strategies.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Supply Chain Planning Software Negotiating Skills 52

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. I did not think that anyone had a clear definition of supply chain excellence. My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. Reflection.

Gartner 221

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 221

Supply Chain Game Changer

SEPTEMBER 8, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement’s North Star article and permission to publish here provided by Sam Jenks. What exactly are you and your procurement team working towards? What is Procurement’s North Star Metric? Email Address.

Procurement Analytics 97

Procurement Analytics Manufacturing Procurement Negotiating Skills Optimal Sourcing 97

Logistics Viewpoints

MARCH 9, 2023

Autonomous Supply Chains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins. She is best known for her boundless energy and ability to get things done.

Supply Chain Planning Software 282

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 282

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. Driving Sustainable Growth Through Supply Chain Resilience.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Logistics Viewpoints

DECEMBER 1, 2022

import volumes may not be as high as they were at the height of the pandemic; however, if they remain above 2019 numbers, the shift away from West Coast ports persists, the labor situation doesn’t get resolved, carriers continue to use blank sailings and importers will continue to see uneven supply chain performance.

Predictive Analytics Software 293

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 293

Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? Why have we not improved our use of channel data in supply chain processes?” Investment in control towers. The reason?

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Data Supply Chain Planning Software 195

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Kinaxis

MARCH 21, 2017

by Iman Niroomand Supply chain performance depends on the matching of product features with supply chain features. When a new product hits the market, the existing supply chain that is optimal for a given set of product lines will not stay optimal. Manufacturing flow simplifications.

Supply and Demand 171

Supply and Demand Demand Planning Software Optimal Sourcing Manufacturing Procurement 171

The Logistics & Supply Chain Management Society

APRIL 15, 2021

This results in a set of over-simplified, aggregate and gross average-level decision-making that generates today’s poor performance, because increased inventories, capacity, transportation and logistics costs are required to buffer all such variances. Reducing volume purchasing cost by 10 to 20%. Reducing COGS by 3%.

Cost Reduction Strategies 259

Cost Reduction Strategies Inventory Reduction Expense Reduction Supply Chain Design Software 259

The Logistics & Supply Chain Management Society

JULY 20, 2020

It helps the supply chain become compressed and tightly integrated through shortened life cycles, lead times and minimised operations’ cost. Supply chain leaders need to focus on three key areas to leverage the supply chain performance and to satisfy the demand in the market both during and after crisis.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

Supply Chain Game Changer

JULY 21, 2021

Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Kinaxis

SEPTEMBER 8, 2014

The issue is that none of their IT investments in the last 10 years have moved the needle on operational metrics such as inventory levels, case fill rates, and other operational metrics. Planning systems do improve supply chain performance when coupled with process and organizational change. Their words.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

The Logistics & Supply Chain Management Society

JULY 23, 2020

Let us study major highlights of Supply Chains of the future. Automated & synchronised : Future supply chains will be e2e automated, connected & synchronised. Most of the current repetitive processes like (forecasting, reports, purchase orders & Invoicing) will be automated using various technologies.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Logistics Bureau

OCTOBER 20, 2021

You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation. It’s not uncommon though, for companies to make the mistake of over-complicating their supply chain performance monitoring.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 98

Zipline Logistics

MAY 25, 2021

Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. The study analyzed supply chain performance at manufacturers, wholesalers, and retailers throughout 2020.

Procurement Analytics 69

Procurement Analytics Food Report Logistics Network Optimization Software 69

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. They can understand their supply chain operations with more precision. How does data analytics help supply chain optimization?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Procurement Analytics 72

Taulia

JULY 21, 2022

The supply chain activities involved in the procurement process , from sourcing the right suppliers to taking delivery of materials and products, are vital to the overall health of any business. But how can supplier performance be measured? The importance of supplier KPIs. Customer service. Contract compliance.

Negotiate Pricing 75

Negotiate Pricing Supplier Management Optimal Sourcing Procurement Analytics 75

Supply Chain Shaman

SEPTEMBER 20, 2015

Most supply chain planning teams do not know their customers. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. I like Kehat’s story.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Logistics Bureau

JANUARY 21, 2025

However, traditional enterprise measures of performance do not work for supply chains. To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics. In this way, performance of separate activities (e.g.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 40

Talking Logistics

JUNE 2, 2016

This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

QAD

OCTOBER 24, 2023

Benefits of Collaborative Supplier Relationships Increasingly, organizations are realizing the benefits of tightening relationships with suppliers to better manage the sourcing and procurement of goods and lower supply costs. So, we can not truly say that the sourcing process begins with supplier management.

Supplier Management 98

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 98

Logistics Bureau

MAY 4, 2016

However, traditional enterprise measures of performance do not work for supply chains. To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics. Shortcomings of Traditional Performance Measures. Financial metrics to indicate profitability.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 40

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” This is in preparation for the 2015 Supply Chains to Admire Report.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

The UCLA Anderson Global Supply Chain Blog

MARCH 6, 2017

Quality Management in Supply Chains: Performance and Conformance. With the increase in outsourcing practice since the 1990s, supply chains have become very complex, involving many intermediaries. By Guillaume Roels. The more intermediaries, the worse the amplification! Time for Solutions.

Supply Chain Performance 60

Supply Chain Performance Quality Supply Chain Optimization Supply Chain Design 60

Logility

JANUARY 16, 2018

I was guilty of this from time to time when I led a demand-planning group because we were evaluated on forecast accuracy as one of our key metrics. The value generated by improved forecast accuracy comes from how that improvement is used to enable cost reductions, synchronize production and enhance customer service.

Supply and Demand 102

Supply and Demand Demand Planning Software Forecasting Supply Chain Planning Software 102

Supply Chain Shaman

AUGUST 26, 2015

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. This gives supply chain leaders a false sense of security.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

ThroughPut

MAY 22, 2024

An effective ERP manages day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. This provides a single source of truth and enables better coordination and communication across the supply chain.

Supply Chain Planning Software 98

Supply Chain Planning Software Resource Reduction Optimal Sourcing Resources 98