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.

Next-Generation Digital Supply Chain Planning

DynaSys

Despite the disruptions of the past years, there are some emerging key trends in Supply Chains that provide both challenges but also opportunities for manufacturers. The momentum towards more sustainable supply chains is coming from many directions.

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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.

Three Mistakes Teams to Avoid in Selecting Supply Chain Planning

Supply Chain Shaman

Supply chain planning user satisfaction is a flip of the coin. Satisfaction is low: one-in-two supply chain planning software users state satisfaction. Supply chain planing is now three decades old. Today over 82% of companies have some form of supply chain planning. The average is 2-3 demand and 3-5 supply chain supply planning solutions operating on 3-5 Enterprise Resource Planning Solutions.

Supply Chain Planning is Indispensable

Enterra Insights

Most supply chain planners are familiar with Dwight D. Eisenhower’s observation, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” While I agree with the late five-star general and president about the indispensability of planning, I disagree that plans are useless. Because new planning techniques are making plans more realistic and viable. lights out) planning.

The rise of IoT in supply chain planning

Kinaxis

With the number of connected devices estimated to surpass six billion next year and more than 20 billion by 2020, the steady stream of data these devices are providing can easily crowd and clog your supply chain planning processes if you’re not prepared. Gartner Research Director Andrew Downard addressed the issue during his presentation at the Gartner Supply Chain Executive Conference by outlining three macro trends affecting supply chain planning , chief among them IoT.

Cutting through the hype: AI in supply chain planning

Kinaxis

But conspicuously absent in all this fervor around what’s new and next in AI are details and examples of how to implement these emerging technologies in supply chain planning. Everyone it seems is focusing on supply chain execution. While examples of AI and machine learning in supply chain planning are few and far between, that doesn’t mean folks aren’t making progress in this area. by Alexa Cheater There’s no getting around it.

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.

Digital Transformation of Supply Chain Planning at SKF

ToolsGroup

Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). At last week’s TG18 ToolsGroup user event , global bearing manufacturer SKF laid out an impressive review of their transformation to “ Integrated Planning ”. The company is moving from location-based planning to a global planning model, including a complete revamp of its supply chain planning operations to processes organized by product and factory. Figure 1 Source: SKF.

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

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.

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.

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 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. Blog Supply Chain Planning

Supply chain planning system revolution: Are you yanking my chain?

Kinaxis

by Bill DuBois Words get thrown around like rice at a wedding these days to describe what makes a world class supply chain planning system : “End to end visibility”, “collaborative planning”, and “what if simulation” are only a few of the many terms you hear when discussing the keys to supply chain success. Kinaxis CEO John Sicard talked about the traditional, siloed view of supply chain during his interview with SupplyChainBrain’s Russell Goodwin.

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.

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.

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.

Blockchain’s potential to authenticate supply chain planning data

ToolsGroup

Blockchain data can be a useful source of certified data to support the supply chain model or "supply chain twin". It’s even finding its way into supply chains, and it has the potential to have a significant impact on supply chain planning. This is why blockchain makes cryptocurrencies – which by nature must be finite in supply - valuable. Supply Chain Planning

Gartner's Six Levels of Supply Chain Planning Autonomy

ToolsGroup

Source: Andrew Downard, Gartner Supply Chain Executive Conference, May 2017. Business is moving fast and there is so much new data now speeding through the pipes that Gartner says it’s not possible to plan a supply chain without some level of automation. So they now offer a scale (a maturity curve) to measure the level of automation in your supply chain planning. Supply Chain Planning

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. Tim Payne of Gartner sees DDMRP as reflection of increased interest in what Gartner call “Respond Planning”. He sees DDMRP as one possibility for filling the Respond Planning need. Supply Chain Planning

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.

Risk Resiliency in Supply Chain Planning

Adexa

Its impact on supply chains caught everyone by surprise. In recent years we have had quite a few instances of unpredicted surprises in the supply chain amongst them: Spanish Flu, SARS, LA dock worker strike, Trade tariffs, hurricane Harvey and Irma, and of course Corona. 1) Helps to find the weak points in the supply chain when an unexpected event occurs. Digitalize process and tools to integrate demand, supply, and capacity planning.

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.

Demand Planning Apps Top Supply Chain Planning Machine Learning

ToolsGroup

Source: Gartner 2018. Gartner recently polled both users and vendors on which supply chain planning (SCP) applications are employing machine learning and in three different analysis, demand planning and demand forecasting came out top of the list. Supply planning came in second. Second , Gartner asked users which machine learning applications they were using to automate their supply chain processes. for spare parts planning.

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.

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

Kinaxis

It is just like your supply chain. So how do you manage an integrated supply chain when you don’t know the sequence of events from day-to-day and any decision you make can impact your next action and also others in the organization? I remember starting in supply chain many years ago in procurement, negotiating pricing and managing suppliers. The concept of demand understanding how they have impacted supply or vice versa is unheard of.

[Video] Long-term supply chain planning system vision and strategy

Kinaxis

Check out the video below as well as links to other supply chain practitioner and Kinaxis executive interviews. It’s no exaggeration to say that supply chain planning is seeing a revolution, says Jack Noppe, chief technology officer at Kinaxis. Now, no function or department has to plan in the dark or without knowledge of how a plan affects others in the supply chain. In other words, all functions plan in concert now.

Achieving autonomous or “lights out” supply chain planning

Supply Chain Trend

Operating in the supply chain world, it’s hard to not come across terminology like supply chain planning 4.0, “light touch” planning or “lights out” planning. We’re already seeing autonomous vehicles in use today in the supply chain, particularly in Western Australia’s mining industry. So why shouldn’t we strive to achieve autonomous supply chain planning? Autonomous planning system requirements.

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.

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.

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.

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.

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.