This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supplychain executives are losing the strategic gains they made with their C-suite counterparts. 28% of supplychain leaders cite cost reduction as one of the top three priorities currently.
In a survey of 150 global manufacturing executives, 47% committed to improving supplychainvisibility and tracking. According to the Global SupplyChain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. What is supplychainvisibility?
According to a July 2014 supplychain research study from Accenture focused on Big Data and supplychain risk management, most organizations have high hopes for using big data analytics in their supplychain but many have had challenges in deploying it.
” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supplychains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. According to my research, top-performing supplychains possess three very different qualities.
Not having end-to-end supplychainvisibility. Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. You are a supplychain leader. by John Westerveld. Imagine this scenario. The phone rings – it’s your VP of sales.
Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychainvisibility. Reason #4 Making key decisions by modelling the supplychain in Excel. by John Westerveld.
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Healthcare providers are leveraging efficient supplychains to ensure critical supplies reach patients when needed most.
If you ask companies if they would like better inventory and global supplychainvisibility, you will get an overwhelming answer of, “Yes!” The term supplychainvisibility varies by role. The term supplychainvisibility varies by role. ” The answer is simple.
by Melissa Clow “Chief SupplyChain Officers (CSCO) know that there is no such thing as a perfect plan and disruptions will always occur.”. This is the reality that every member of a supplychain team lives with every day. So how does Aberdeen define Best-in-Class?
Today, the multi-tier capabilities for supplychain management are coming from the born-again marketplaces. Instead, they are standalone marketplace offerings solving one of four business problems: supplychain multi-tier visibility, inter-enterprise systems of record, benchmark analytics, and delivering collaborative workflows.
Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supplychain and logistics topics. Read More at ClearMetal’s blog.
Michael Jacobs, Senior Vice President SupplyChain, Ferguson. Mr. Jacobs is the senior vice president for supplychain at Ferguson. While nominally a distributor, “supplychain management is our core competency. In particular, Ferguson’s supplychain is built for speed and to provide high service levels.
This year, a recurring theme that I saw was about using supplychain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supplychain data. This new dashboard gives retailers a lot of supplychain data to see where they stand.
Supplychain excellence. The answer makes or breaks a supplychain leader’s career and defines corporate value. If the arrow is red, the industry is moving backwards on a metric. Is this because this value chain is a laggard? It is easier to say than define. Getting it clear is important.
by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychainvisibility. Reason #4 Making key decisions by modelling the supplychain in Excel.
Autonomous SupplyChains 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.
The average SupplyChain management professional measures their SupplyChain by reviewing cost reduction. Is cost reduction all that there is in measuring SupplyChain performance? 3 Key Metrics for Measuring SupplyChain Performance Beyond Cost Reduction. Isn’t time important?
For businesses of all sizes, the digital transformation of supplychain planning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on SupplyChain Digital Transformation projects. Creating Intelligence.
Supplychain is an industry slow to change. The evolving logistics issues brought on by the coronavirus pandemic, increasing port congestion and the continued acceleration of significant and devastating weather events are wreaking havoc on supplychains around the globe. COVID changed everything.
Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychainvisibility. Reason #4 Making key decisions by modelling the supplychain in Excel. by John Westerveld. Submit a request.
As an engineer, former solutions architect and now CEO of a leading supplychain technology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. What’s more, today’s supplychains operate at lean levels.
Supplychainvisibility and big data are hot topics and everyone is trying to figure out how to extract and analyze the data they have for better visibility and decision making. Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance.
Supplychain reports offer a comprehensive view of your entire supplychain operation. What are SupplyChain Reports? Supplier Performance Evaluating supplier performance based on key metrics such as on-time delivery, quality of goods received, adherence to agreed-upon terms, and responsiveness to inquiries.
As digitization continues to modify the global supplychain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supplychainvisibility. Identify shortage and quality problems along the supplychain.
Discover Ways to Boost SupplyChainVisibility through Digital Marketing Supplychainvisibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supplychainvisibility.
Will your ERP accommodate your complex supplychain planning requirements? Comparing a supplychain planning platform against an ERP system that offers supplychain management capabilities is a challenge. Logility is Fit for Purpose and Addresses SupplyChain Needs Head On.
Breaking Boundaries: Exploring Generative AI’s Impact on SupplyChainsSupplychains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution.
We have a great speaker line up, but here are 4 supplychain minds you can’t miss! Session Title: “End to End Visibility and Supply Planning — Schneider Electric” In Alain’s main stage presentation hear how end-to-end supplychainvisibility is key for becoming demand-driven and building value in supply networks.
With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supplychain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Supercharge your supplychain career through the SCMDOJO SupplyChain Learning Track Certification!
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 supplychain management, we have created an abundance of metrics and key performance indicators (KPIs). Accessibility.
True corporate responsibility involves more than just your products and internal operations; it’s incumbent upon you to ensure compliance across the supplychain. This means having a resilient supplychain strategy that includes visibility, transparency, clear communication, and collaboration.
My goal is to engage the supplychain community in a no smoke and mirrors discussion. My observation is that the supplychain community perpetuates a number of myths about planning. This post is a reflection from twenty years as an analyst in supplychain planning. What is supplychain excellence?
by Alexa Cheater Supplychain rigidity could be costing you billions. Getting the right product to the right people at the right time – that’s at the heart of what demand and supply planning is all about. But as anyone who works in supplychain knows, it’s a lot easier said than done. Knowledgeable people.
For years, supplychain leaders have struggled to achieve a sophisticated level of supplychainvisibility that would drive continuous improvement, optimize spend and reduce risk. Now, that intelligence has arrived – and with it comes the next generation of supplychain management.
It’s been decades since the term ‘SupplyChain Management’ was coined to define the coming together of internal and external supplychain players, as well as the planning and execution teams within supplychain businesses. So what’s happening to bring convergence one step closer to reality?
This leap in AI capabilities is revolutionizing industries, and AI-driven supplychain management is no exception. The Role of Agentic AI in SupplyChainsSupplychains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting.
CEO Matt Elenjickal kicked off FourKites Visibility with his keynote. In his presentation, Matt discussed the future of supplychain optimization. He said that real-time visibility is the foundation for making supplychains efficient. This is all about the alignment of metrics and objectives.
I love the stories but question the fit of the metaphor(s) for a supplychain conference. In the world of supplychain management following 33 months of disruption, this is not the case. The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. The reason?
Supplychain managers need real-time data to effectively manage operations. While supplychain software companies offer solutions that come with analytic solutions, the data used for the analytics is usually archived data. There is a new technology that can provide real-time visibility. Final Thoughts.
GEP and the North Carolina State University (NCSU) SupplyChain Resource Cooperative surveyed supplychain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supplychain resilience and optimization.
In the digital world, traditional broad-brush marketing programs become less effective, but have residual effects on the supplychain of higher demand error and increased complexity. This table is from our SupplyChains to Admire analysis, and the Index represents improvement. What Is Risk? What Are the Risk Drivers?
With so many factors outside their control — and a pressing need to be as efficient as possible — many companies are looking to improve their daily supplychain operations and decision-making rather than assume the plan they built six months ago will play out perfectly.
Redesign the process, then use IT I’ll give you a recent example from my business, which enables real-time supplychainvisibility, with AI-powered predictive insights and analytics, for the world’s largest shippers and their partners. Metrics are critical as well. Take onboarding and training new employees.
Here’s the supplychain conferences we love and will be attending. Gartner SupplyChain Executive Conference. Kinaxis is pleased to be a Premier Sponsor and participate in panel discussion of the 2014 EMEA Gartner SupplyChain Executive Conference. SupplyChain Insights Global Summit.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content