Supply Chain Shaman

JANUARY 9, 2024

For a more detailed analysis, check out the Power point summary.) How Do You Define Excellence? In retrospect, I find that technology is an enabler, but only if we are clear on what defines supply chain excellence. Many believe that an ex-supply chain exec knows the definition of supply chain excellence. I admit it.

Supply Chain Planning Software 300

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 300

Precoro

FEBRUARY 27, 2023

The answer is simple: spend analysis. Read on to learn all you need to know about the definition, benefits, types, steps of implementation, and success tips for spend analysis. What Is the Spend Analysis Process? What Is the Spend Analysis Process? Informed means armed!

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

Supply Chain Shaman

MARCH 21, 2024

In the process, we learn that only 15-20% of inventories are safety stock and that the current APS frameworks do not enable a holistic analysis of the form and function of inventory. The shifts over the last decade are profound: Is the answer a Supply Chain Center of Excellence? Lack of executive buy-in. Let me explain.

Inventory Reduction 406

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 406

Supply Chain Shaman

APRIL 9, 2021

Over 85% of companies turned their systems off, turning to spreadsheets and ad hoc manual analysis. The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. The last decade is a testimonial that functional excellence does not drive value. My quest is “why?” Mistake #3.

Supply Chain Planning Software 362

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 362

Logistics Viewpoints

JUNE 8, 2023

To remain competitive, retailers and carriers must excel in the crucial last-mile delivery stage. To Build or To Buy Companies looking to implement new or improve existing delivery technology face a crucial decision: should they build an in-house platform or buy an existing solution from a vendor?

Modeling Software 220

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 220

Supply Chain Shaman

OCTOBER 5, 2018

We complete the analysis each year. To perform the analysis, we grouped L’Oreal into the Personal Products industry, which includes beauty, hair care, vitamins, etc. In this analysis, patterns matter. In Figure 1, we detail the methodology calculation. Read more to understand the details on the Supply Chain Index ,).

Case Study 263

Case Study Inventory Reduction Agile and Lean Supply Chain Study 263

Talking Logistics

SEPTEMBER 10, 2014

After a lot of back and forth discussion, and not really getting through to him, I finally said, “If perfection is your goal, then you’re always going to be disappointed,” especially in baseball, where failing 7 out of 10 times at the plate is considered excellent. Was Apple striving for perfection or excellence with those products?

Eliminating Excel in Purchasing 161

Eliminating Excel in Purchasing Continuous Improvement Analysis Research 161

Supply Chain Shaman

MAY 1, 2023

The use of descriptive analytics along with agile planning techniques (what-if analysis, discrete event simulation, and network design) helped. We find that companies with an analytics center of excellence drove progress faster than those with a supply chain center of excellence. Analytics investments are essential.

Inventory Reduction 248

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 248

Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Most companies buy decision support technology, but do not redefine work to improve decisions. Instead, focus on Forecast Value Added analysis. What Does Good Look Like? Drives Value. S&OP is a business process.

S&OP 336

S&OP Supply and Demand Forecasting Supply Chain Design Software 336

Supply Chain Shaman

JULY 19, 2020

Excellent firms don’t believe in excellence – only in constant improvement and constant change. What Is Supply Chain Excellence? My second observation is that for 96% of public companies supply chain excellence is slip-sliding away. Reflections on Excellence. Tom Peters. Here, in this blog, I explain.

Supply Chain Design Software 417

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 417

NC State SCRC

MAY 4, 2022

Price analysis is a subject that is often overlooked in supply chain education, (although it is certainly a big part of our chapter on Strategic Cost Management in Purchasing and Supply Chain Management ).

Purchasing Skills 59

Purchasing Skills Analysis Optimal Sourcing Procurement Solutions 59

ToolsGroup

DECEMBER 11, 2023

Since the start of the Covid-19 pandemic, 79% of consumers have indicated that they are looking for more bargains than before, and 46% say they are willing to wait to purchase at a better price “no matter how long it takes”. They train the consumer not to buy in-season because they can come back in three months and get a discount.

Price Reduction 156

Price Reduction Pricing Training Modeling Inventory Reduction 156

Supply Chain Shaman

NOVEMBER 21, 2024

Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. Think about the building of listening posts of rating & review data, continuous listening of call center transcripts, analysis of contracts, or the continuous analysis of supplier certificates for digital passport/Scope 3 emissions.

Supply Chain Planning Software 294

Supply Chain Planning Software Modeling Software Modeling Supply Chain Network Software 294

ShipBob

APRIL 8, 2022

And proper SKU management requires accurate SKU analysis. In this post, we give you a closer look at what SKU analysis is, why you should analyze your SKUs, and how you can use SKU analysis to improve inventory management. What is SKU analysis? Why you should consider analyzing your SKUs.

Analysis 52

Analysis Procurement Analytics Inventory Management Software Inventory Reduction 52

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. Armed with this analysis, you are ready to take the next step.

Supply Chain Planning Software 301

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 301

ivalua

AUGUST 21, 2022

– Actions on the products and services purchased. – Actions on the way you buy. This means having an integrated decision-making tool to avoid having to compile multiple new data sources, new Excel files, new software, etc. Part 2: Act on the products and services purchased. Take action with suppliers.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Material Savings Supply Chain Design Software 130

Proxima

JULY 27, 2023

The Government’s initial analysis in 2021 was broadly correct: Russia remains the biggest danger to UK security, with China remaining a looming threat. Having observed the level of physical expenditure in Ukraine, ‘life of type’ buying and keeping stock in bulk is not necessarily going to work in response to modern day conflict.

Analysis 52

Analysis Ukraine Agile and Lean Supply Chain Optimal Sourcing 52

Supply Chain Shaman

JUNE 3, 2024

similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel. A successful plan requires design, collaboration, simulation, what-if analysis, and closed-loop learning. What do we learn through gap analysis? ” Does the Dog Hunt? Future for Probabilistic Planning?

Supply Chain Planning Software 345

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 345

Precoro

OCTOBER 24, 2022

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Purchase requisitions and orders, receipts, invoices, and other documents must each contain specific information, often legally binding. Low-Quality Documentation.

Procurement Solutions 81

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 81

QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. That may still sound simple, but corporate purchasing, regardless of the commodities the buyer is responsible for, is anything but simple.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 98

Supply Chain Shaman

JUNE 21, 2023

While I was preparing for surgery, Gartner released the Gartner Top 25 Analysis. The analysis is now in its ninetieth year. The Gartner analysis is biased toward companies within the Gartner network. Semiconductor Industry Analysis Would you feel better about your results if you were Intel or TSMC? The reason?

Gartner 364

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 364

Supply Chain Opz

MARCH 31, 2015

What are the essential purchasing books you should read? In this article, we will uncover the best purchasing books to help you get the edge over competition. Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation.

Procurement Analytics 100

Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing Negotiating Skills 100

Supply Chain Shaman

AUGUST 12, 2020

(When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. The reason?

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. I disagreed.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Logility

SEPTEMBER 1, 2023

Smart Data Analysis: AI algorithms excel at handling large amounts of data , such as sales history, market trends, and customer behavior. Understanding Customer Segments: AI-powered demand forecasting software allows businesses to divide customers into different groups based on factors like location, demographics, and purchase history.

Forecasting 174

Forecasting Forecasting Software Demand Planning Software Modeling 174

Supply Chain Shaman

JUNE 28, 2021

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. The Supply chain leader wants Technology from Company C, and the demand planner intends to purchase a solution from Technology Solution D. Avoid Badly Written RFP Bake-offs.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 236

ToolsGroup

SEPTEMBER 15, 2015

Lora Cecere, founder of Supply Chain Insights, noted in a recent webinar that a common outcome of these failed implementations is that supply chain organizations end up in “Excel ghettos where lots of people are touching data but not improving it.”.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 120

DELMIA Quintiq

DECEMBER 28, 2020

Working with Excel spreadsheets does not contribute the efficiency, speed and agility necessary for planning teams to bring the best plans to the company. This also considers elements of predictive and prescriptive analysis and in-memory processing. Figure 1 shows a dashboard that exemplifies this concept.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Prescriptive Analytics Software 296

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Kinaxis Purchase of Rubikloud. The purchase of Rubikloud by Kinaxis shows just how little the Kinaxis team knows about demand management.

Supply Chain Design Software 307

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 307

Kinaxis

AUGUST 24, 2015

It never ceases to surprise me when I hear how many enterprises entrust a mission-critical task to the desktop spreadsheet software Excel®. So what’s wrong with Excel? For example, with Excel you can’t easily: Integrate information from many sources. Provide in-depth analysis using complex analytics.

S&OP 100

S&OP Supply Chain Planning Software Supply Chain Design Software Forecasting Software 100

Precoro

NOVEMBER 25, 2024

Let’s be honest: managing procurement can feel like a juggling act — with pending requisitions, undelivered purchase orders, unpaid invoices, budget tracking, and stock transfers all in the mix. They are often used for analysis and long-term planning. Unnecessary spending on low-value items or double orders.

Procurement Analytics 70

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 70

SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 103

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 103

Supply Chain Shaman

SEPTEMBER 24, 2018

<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. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 233

Supply Chain Shaman

JULY 25, 2021

In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. Few companies measured the impact on error and bias through the rigor of Forecast Value Added (FVA) analysis. In the 2021 analysis, twenty companies met the Supply Chains to Admire Award criteria.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Arkieva

OCTOBER 31, 2016

A serious Excel error could cost a business thousands or millions of dollars. Here are 5 Spooky Excel Tales that we hope never becomes your nightmare. In June 2003, a simple copy-and-paste error led to the Canadian power generator company, TransAlta buying more US power transmission hedging contracts in May at higher prices than usual.

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Forecasting Software Forecasting Supply Chain Software 60

Supply Chain Shaman

FEBRUARY 16, 2024

These include problems where centrality, connectivity, and path analysis play a key role in the analysis. Let’s start here: Data Analysis. Or mine supplier shifts to build alternate buying plans. By using techniques like clustering, partitioning, and shortest path, some problems become easier to solve.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 390