Supply Chain Shaman

JUNE 30, 2023

Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned. His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. What Is The Ring of Fire?

Supply Chain Planning Software 329

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 329

Supply Chain Shaman

DECEMBER 7, 2023

The ability of an organization to deliver reliable and consistent results for revenue, margin, customer service, and quality in the face of demand and supply variability. For example, change the business models so that Ariba must interoperate with GT Nexus, E2Open with Elemica, MPO (Kinaxis) with Nulogy, etc.

Supply Chain Design Software 320

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 320

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. A Decline in Innovation. Less Collaborative. His response? So, we began the discussion.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

NOVEMBER 21, 2022

So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly. As shown in Figure 1, the reporting relationships vary.

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 303

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. The issues are largely rooted in politics and the lack of clarity on supply chain excellence. Or a similar comparison of customer orders or planned orders? Or planned orders to purchase orders?) ” Anna, this blog post is for you. And how do we measure it? (Is

Supply and Demand 389

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 389

Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 263

Case Study Inventory Reduction Agile and Lean Supply Chain Study 263

Supply Chain Shaman

JANUARY 8, 2014

. “When I ask my team about customer service, I get high-five reviews. When I meet with my customers, I get thumbs-down feedback. I find the measurement of customer service to be one of the most difficult.” Interview for Metrics That Matter. ” Supply Chain Leader.

Procurement Analytics 260

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 260

QAD

DECEMBER 1, 2022

In the age of the Amazon B2C, buy-it-now, get-it-now landscape, B2B buyers are finding themselves also wanting the quick and easy shopping experience B2C companies offer, and some actually excel at. Corporate buying decisions are being made by a generation accustomed to quick turnaround purchases they experience as online consumers.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Demand Planning Software Eliminating Excel in Purchasing 97

BlueYonder

MARCH 30, 2023

Have you had a chance to check out the Incisiv 2023 Omni-Channel Experience Index report ? These retailers excelled in offering distinctive experiences and demonstrated functional maturity across all evaluated areas. Delivery speed, the ability to customize, and order visibility drive differentiation and provide a competitive edge.

Real-time Visibility 88

Real-time Visibility Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 88

QAD

JULY 25, 2023

Your B2B digital commerce solution should be able to provide personalized recommendations, promotions, and pricing based on customer behavior and purchase history. Your B2B digital commerce solution should provide a seamless omnichannel experience that allows customers to interact with your business on their preferred channel.

Procurement Solutions 93

Procurement Solutions Analytics Software Procurement Analytics Optimization Software 93

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Elementum

FEBRUARY 7, 2024

This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The visibility to spend allows them to provide excellent benchmarking in several areas. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 202

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 202

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Background.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

Precoro

JANUARY 30, 2023

From raw materials (wood for a furniture factory or vegetables for a restaurant) and finished goods (office or lab supplies) to services (software subscriptions), buyer-vendor relationships are at the core of every business. As a company slowly grows, purchase management becomes more and more complicated.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Supply Chain Software 52

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. The team was seeking analytics to monitor process compliance. Visibility Maturity Model.

Prescriptive Analytics Software 177

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 177

Supply Chain Shaman

JUNE 14, 2018

Yes, companies need the right materials at the right time to drive customer service. A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Cross Site Analytics. Fire fighting is the result.

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

Enterra Insights

MARCH 13, 2018

Gary Cokins ( @GaryCokins ), founder of Analytics-Based Performance Management LLC, asserts, “Analytics is becoming a competitive edge for organizations. Once being a ‘nice-to-have,’ applying analytics is now becoming mission-critical.”[1] Organizations are drowning in data but starving for information.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Procurement Analytics 100

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

Unleashed

MAY 15, 2023

This allows you to engage with the right customers at the right time to combat high churn rates and sustain a loyal customer base. A CRM system that offers RFM (Recency, Frequency, and Monetary value) Analysis allows you to segment customers by their purchase habits. Consultant Manager, ProspectSoft.

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

Precoro

MAY 6, 2024

According to research from Ivalua , suppliers often face late payments; as a result, they report having to extend or open lines of credit otherwise not needed (41%), delay delivery of products or services (34%), and increase prices or reduce discounts (33%). Plus, it enables buyers to capitalize on early payment discounts.

Procurement Solutions 105

Procurement Solutions Forecasting Software Optimization Software Procurement Analytics 105

Invata Intralogistics

APRIL 5, 2024

AI’s ability to interpret and predict human behavior also has implications for personalization and customer service, where understanding and acting upon individual customer needs can significantly improve overall satisfaction. In addition to route optimization, AI can enhance the customer delivery experience.

Supply Chain Software 52

Supply Chain Software Predictive Analytics Software Optimization Software Inventory Management Software 52

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

ThroughPut

OCTOBER 16, 2022

Inventory analytics can go a long way in understanding and improving the inventory performance and often done by an inventory manager. This may also impact customer service levels. Not having accurate inventory tracking and reporting to measure tangibles as well as intangibles can impact inventory optimization efforts.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Turvo

SEPTEMBER 24, 2021

Most people today have likely used its services at least once. As an innovator in customer service across multiple industries, this market giant has forever transformed the face of retail as it is known today. The status quo customer experience that had traditionally worked became unacceptable.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software Eliminating Excel in Purchasing 70

Enterra Insights

JULY 8, 2021

.” As difficult as it can be to please everyone, business leaders know, if they want return business, providing customers with the best possible experience is essential. Before the age of ecommerce, great customer service generally involved face-to-face contact. Customer Experience and the Human Touch. ”[1].

Supply Chain Planning Software 130

Supply Chain Planning Software Modeling Software Supply Chain Software Procurement Solutions 130

Logility

APRIL 7, 2020

In a much broader context, the byproduct of this work will be lasting innovation that informs design, production and distribution excellence for years. At the same time, start a frank discussion about which metrics matter right now. Perhaps purchase price variance and budget adherence should take a back seat to customer service.

Innovation 147

Innovation Supply Chain Planning Software Supply Chain Design Software Logility 147

Logility

MAY 25, 2023

Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. It’s a delicate balancing act that directly influences a company’s profitability and customer service levels. Poor inventory management can lead to stockouts, overstocks, or worse, lost customers.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

ShipBob

MARCH 2, 2023

How people feel when they interact with your business influences their buying behavior. A Salesforce report found that almost 90% of shoppers consider the customer experience as important as the company’s products or services. But keep in mind that other factors can influence customers based on their values.

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Ideally, IBP adds a stronger financial perspective to the process that in theory optimally balances customer service with profitability and even cash flow.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

GlobalTranz

OCTOBER 20, 2017

Now includes installation, so home improvement shippers, like Home Depot and Lowes Home Improvement, must now consider eCommerce to be a venue for selling items requiring installation and assembly, reports Stuart Lauchlan of Diginomica. White Glove Logistics Service Overcome Last Mile eCommerce Challenges. White glove service.

Logistics Network Optimization Software 122

Logistics Network Optimization Software Logistics Procurement Analytics Cost Reduction Strategies 122

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. When it comes to customer service, how you manage your WooCommerce order fulfilment plays a vital role in meeting customer expectations. Once an order has been processed, the items also need to be picked, packed, and shipped.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Unleashed

AUGUST 3, 2021

This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet purchase in bulk, hoarding quantities?of Dogs ate well during the pandemic, which boosted sales for manufacturers Business Wire predicts that the Australian?pet?food?market?will?grow companions?as

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Enterra Insights

JUNE 26, 2018

Thanks to smartphones, the digital path to purchase has become the preferred consumer journey in the United States. Although the digital path to purchase opens new avenues to reach potential customers, it’s a path easily abandoned if consumers have a bad experience. A Path easily Abandoned. ”[4].

Procurement Analytics 100

Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions 100