Remove Analytics Software Remove Eliminating Excel in Purchasing Remove Procurement Analytics
article thumbnail

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. During the pandemic, conventional planning systems were inadequate. Over 85% of companies turned their systems off, turning to spreadsheets and ad hoc manual analysis. Despite spending 1.1%

article thumbnail

How Do We Stop Buying Planning Software the Wrong Way?

Supply Chain Shaman

The Process of Software Selection. I am constantly amazed that business leaders can engage with technologists month after month (often over eight and sometimes over a year) to select a supply chain planning system and then call me to ask for help on the decision. How do you define excellence in planning? My struggle? “No.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ultimate Guide To Technologies That Are Transforming Supply Chains

The Logistics & Supply Chain Management Society

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. Still, there are several technologies that are transforming supply chains for the organizations that adopt them. Artificial Intelligence AND Machine Learning.

article thumbnail

AI This. Not So Fast.

Supply Chain Shaman

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. If the industry were grounded in truth in advertising repercussions, there would be far fewer signs in the airports from consultants and technology providers.). Shifts in Technology. Stay tuned.

article thumbnail

Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Today, supply chain excellence matters more than ever. While the supply chain technology market lost its allure at the start of the last decade, it is now cool again. Leaders are starting to experiment with new technology approaches giving rise to new spending and interest by Venture Capitalists. Figure 1. The Market Response.

article thumbnail

What are Digital Twins and How Can They Drive Warehouse Efficiency?

Logistics Viewpoints

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. To define what exactly it is, a digital twin is a virtual replica of a physical asset, process, or system.

Modeling 288
article thumbnail

Logistics Software: How to Make Handling Peak Times Easy

Logistics Viewpoints

The hype usually revolves around just one item and can easily be managed by a modern logistics system. This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse.