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.

Reflections on Integrated Supply Chain Planning

Supply Chain Shaman

In the presentation, I shared data on the evolution of supply chain planning and the results on user satisfaction. The use of best-of-breed planning technologies was small at 15%. Neither technology vendor is an industry leader in delivering a solution that fits the needs of the supply chain planner. The common perception is that SAP and Oracle supply chain planning solutions are superior to best-of-breed Advanced Planning Solutions.

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The supply chain planning system crystal ball

Kinaxis

Today’s supply chain professionals need a crystal ball, too. For example, if a supply chain professional accepts a new order, can they deliver it on time? If they offer a promotion, can the supply chain support it? If we think about traditional supply chain planning systems, they’re like balancing your check book by hand, which while necessary, is time consuming and error-prone. What-if planning.

Digital Transformation in Supply Chain Planning: Barrier or Enabler?

ToolsGroup

By George Fowler, group vice president, Spinnaker Supply Chain. ToolsGroup and Spinnaker recently partnered up on a digital transformation study, and we found that only 7% of responding companies are reaping the benefits of digital transformation of supply chain planning. With fear of change the leading obstacle to implementation of digital planning (30% of respondents), the question seems to be, will digitization be a barrier or an enabler for you?

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. With changing product profiles, short life cycles, constraints with downstream suppliers, and changing markets, being good at supply chain planning matters. In this tough market excellence in supply chain planning is a critical element to be competitive. Getting good at planning requires executive leadership.

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.

How Supply Chain Planning Can Create Profit in a Declining Market

ToolsGroup

Trends and other market forces that impact commercial opportunities need to appear on the planning radar. Therefore, traditional push-driven supply chains are wholly unfit for this situation. 1] Mohawk sought to profit from the resurgent demand for ‘ analog experiences ’ by owning the fine paper space and transforming its extended supply chain. The second phase involved Mohawk extending their new supply chain improvements out to its distribution network.

Supply chain planning in the digital age

Kinaxis

by Melissa Clow Recently, Madhav Durbha, Vice President of Industry Strategy at Kinaxis was interviewed by SupplyChainBrain on supply chain planning in the digital age. I wanted to share their fascinating conversation with our readers – check out the video interview and transcript below: Supply chain planning in the digital age. How are supply chains becoming more complex? Then you do capacity planning, so on and so forth.

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. With changing product profiles, short life cycles, constraints with downstream suppliers, and changing markets, being good at supply chain planning matters. In this tough market being good at supply chain planning is a critical element to be competitive. Getting good at planning requires executive leadership.

Conquering the Explosion of Supply Chain Planning Data

Logility

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. In the middle 1990s, the supply chain was fairly linear with most planning data originating from a legacy or ERP system. Today, supply chains are complex and anything but linear with significantly more data streams to consider.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile.

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.

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.

Has Driverless Supply Chain Planning Already Arrived?

ToolsGroup

There has been a lot of news about driverless cars, and at the Supply Chain Insights Global Summit there was also some news about “driverless” supply chain planning when two companies described supply chain planning with almost no human intervention. More on this later, but to start, by driverless (whether referring to vehicles or supply chain planning) I don’t mean completely no touch at all times.

Insights into ERP systems in supply chain planning and implementation

Kinaxis

In my interview we discuss how to define enterprise resource planning (ERP) systems in supply chain planning, the reasons why we need ERP systems, problems faced with implementation and how to successfully implement a new ERP system in a corporation. In the interview that follows, William will introduce some key concepts and share insights gained from his extensive experience with ERP systems and supply chain planning. by Dustin Mattison.

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Do Supply Chain Planning systems generate any value?

Kinaxis

by Trevor Miles I have been in the advanced planning and scheduling (APS) space since 1995 when I joined i2 Technologies in Europe. Before that I was in management consulting doing what would be called supply chain design or reengineering today. The key point is that I have spent a lot of my working life focused on the value generated by more advanced planning solutions. Let me start with the confusion between planning and execution.

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. Metrics.

Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. The Sam’s Club and Costco shortages of water, toilet paper and laundry products signals one thing for me: the spread of the virus will disrupt every supply chain. As markets shift, supply chains struggle to adjust. The order is a poor proxy for demand and few supply chains have access to consumption data.

Friends with Fitbits: Fitness tracking and taking supply chain planning to the next level

DELMIA Quintiq

What does this have to do with supply chain planning? In supply chain planning, we are driven by metrics. We appreciate the motivation and performance-enhancing aspects of direct and immediate feedback in our personal lives like the fitness tracker on my wrist, so why should we expect any less from our planning in our supply chain? Planet Planning Supply Chain Planning & Optimization

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.

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Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question.

Friends with Fitbits: Fitness Tracking and Taking Supply Chain Planning to the Next Level

Talking Logistics

What does this have to do with supply chain planning? In supply chain planning, we are driven by metrics. We appreciate the motivation and performance-enhancing aspects of direct and immediate feedback in our personal lives like the fitness tracker on my wrist, so why should we expect any less from our planning in our supply chain? It’s been a busy week and I forgot to charge my Fitbit.

Editor’s picks: Top 8 supply chain planning reads for the summer

DELMIA Quintiq

How can you prepare your supply chain for disruptions. Labor disputes, bad weather, and IT outages are just some examples of disruptions that could affect an otherwise well-designed supply chain. Key takeaway: While contingency plans can save you from total disaster, your supply chain needs flexibility and speed to adapt to changes. Defeat supply chain complexity like a Jedi. Overwhelmed by the dark forces of supply chain planning?

Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #2 Poorly executed or non-existent sales and operations planning. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process.

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

I feel that topic of supply chain management is analogous to the downward cycle of the news channels. What Drives Supply Chain Excellence? I analyze supply chain management. Maturity in horizontal process development– Sales and Operations Planning (S&OP) and new product launch—also drives value. The broader the definition of end-to-end strategy and the alignment of supply chain processes drives value.

Time for a Supply Chain Metrics Cleaning

Logility

Wait, it’s not spring; but does that mean you have to wait another eight months to review your supply chain? 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?” However, companies often have too many independent metrics that can cause conflicts amongst competing supply chain functions.

The Evolution of a Supply Chain Planning Support Team

DynaSys

When I joined “DynaSys SA”, 16 years ago, the company was an independent French provider of Supply Chain software. The number of support requests increased, and with the growing experience of DynaSys in the Supply Chain domain, more complex projects were started. We adapted the metrics put in place by QAD in order to measure our activity, which helped us in understanding what we could do, how we could improve, and what were our limits.

How to develop a competitive advantage through supply chain planning

6 River Systems

According to the market research firm, Gartner , “Supply chain planning (SCP) is the forward-looking process of coordinating assets to optimize the delivery of goods, services and information from supplier to customer, balancing supply and demand.” Efficient supply chain planning achieves three goals: lowering production costs, increasing sales and bolstering supplier relationships.

Bridge the Gulf Between Supply Chain Planning and Finance

Supply Chain Brain

The majority of manufacturing companies manage planning through two separate teams. The operations team balances supply and demand and calculates future capacity and supply needs. Through such periods the financial and operations plans often diverge, sometimes dramatically. But serving two disparate plans is like driving your car with two GPS navigation devices giving you verbal directions to two different destinations in two foreign languages.

Building the Business Case for Digital Transformation of Supply Chain Planning

Logility

In almost every new supply chain focused industry periodical, you will find an article discussing transformation or digitization. Industry analysts, consultants, solution providers, executives and practitioners are all focused on how to transition from traditional to more “digital” planning capabilities. Most supply chain managers already know that there is a “War for Talent” being fought to find and retain qualified supply chain personal.

Supply Chain Talk: Why Your Supply Chain Planning Team Isn’t Working

Arkieva

The supply chain planning team is an integral part of a functional supply chain execution (SCE). How an organization is structured can affect the overall supply chain process. In this week’s, Supply Chain Talk, Arkieva CEO Harpal Singh discusses how organizational supply chain planning structures can be improved. ­­­. Supply Chain Planning is similar.

Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

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). For the past 30 years I have been involved with multiple efforts to build a set of supply chain metrics and have learned a few things along the way.

Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

Kinaxis

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #2 Poorly executed or non-existent sales and operations planning. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. by John Westerveld.

Public Markets Reward Supply Chain Alignment

Supply Chain Shaman

Today, I am proud to launch the Supply Chain Index. It is my hope that the readers of this blog will take time to either join us today to listen to the launch of the Supply Chain Index on our webinar or listen to the replay. (We The Supply Chain Index has been two years in the making. As I sat at my kitchen table, I reviewed spreadsheet after spreadsheet of corporate performance data on supply chain financial ratios.

Mining Supply Chain Data for Insights

Supply Chain Shaman

At Supply Chain Insights, we have been actively working in our own mine sweeping project. 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 company was then assigned to one of 37 peer groups based on the Supply Chains to Admire methodology. Does Supply Chain Planning Drive Value? Mine sweeping is essential to warfare.

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