Supply Chain Shaman

DECEMBER 28, 2020

The first story is about a large regional food manufacturer. The second story is about a regional beverage manufacturer. The companies’ planning was in a vicious cycle where marketing programs were growing increasing error, and the lack of manufacturing modeling made it challenging to see what was feasible. (It The answer?

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Logistics Viewpoints

FEBRUARY 16, 2021

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. Supply chain visibility often means “where’s my stuff,” or the ability to trace parts in transit from the manufacturer to the final destination. Analytics inform decisions. What is supply chain visibility?

Supply Chain Visibility 316

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 316

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Maturity in Analytics.

Supply Chain Planning Software 317

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 317

Kinaxis

MARCH 22, 2017

by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. The focus with Inventory optimization is often on analytics, but that’s just the beginning. It has become a competitive weapon that could help you win the consumerism war.

Optimal Sourcing 196

Optimal Sourcing Supply Chain Optimization Network Optimization Inventory Reduction 196

ToolsGroup

FEBRUARY 16, 2022

BOSTON, February 16, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has partnered with Planalytics to integrate their weather-driven demand (WDD) analytics with ToolsGroup’s retail planning solutions, enabling customers to isolate, measure, and manage the influence of weather on their businesses.

ToolsGroup 177

ToolsGroup Procurement Analytics Predictive Analytics Analytics Software 177

GlobalTranz

JUNE 30, 2017

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, how do manufacturers turn their focus to the customer experience? Determine What Customers Want Today.

Manufacturing Procurement 205

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 205

Supply Chain Shaman

FEBRUARY 18, 2021

Resist the temptation to place deeper analytics on top of existing data models. Out of desperation, they turned to the use of descriptive analytics. Advanced planning evolved with a focus on modeling manufacturing constraints. Watermelon Metrics Don’t Drive The Right Results. What are functional metrics?

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 285

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. In the survey, 48% of companies were driving digital transformation, but the only element that improved performance was descriptive analytics. Tougher than most understand. The answer is not digital transformation. The reason?

Supply Chain Planning Software 388

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 388

Supply Chain Shaman

JULY 25, 2021

In general the ERP technology providers underperformed, and the investment was an opportunity cost to the adoption of new forms of analytics and building effective business networks. The Focus Inside-out Supported by Functional Metrics. Instead, the path requires a redefinition of process, metrics, and capabilities.

Procurement Analytics 370

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

Supply Chain Shaman

SEPTEMBER 17, 2014

There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. The use of channel data into advanced analytics to sense demand. Aligned Metrics. What percentage of retail out-of-stocks could be prevented by the manufacturer in these industries?

Optimal Sourcing 302

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 302

Logility

DECEMBER 29, 2020

How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

Logistics Viewpoints

OCTOBER 28, 2024

“To improve,” the report rightly notes, “organizations should enhance supply chain visibility with robust data and analytics; use AI to foresee disruptions; keep business continuity plans current; and diversify supply sources, suppliers, manufacturing and logistics partners.” net promoter score or similar metric) as a supply chain KPI.

Supply Chain Execution 229

Supply Chain Execution Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy 229

Supply Chain Shaman

DECEMBER 7, 2022

” So, I started work with Arizona State University to take balance sheet data from 2003-2007 to analyze which combination of metrics drove the highest market capitalization. Investment in Descriptive Analytics. The most frequently cited valuable technology investment during the pandemic was descriptive analytics.

Inventory Reduction 55

Inventory Reduction Material Savings Supply Chain Strategy Price Mitigation Strategies 55

Logility

DECEMBER 28, 2020

How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Silvon Software

APRIL 11, 2024

Without analytical tools and methodologies, navigating through vast amounts of data can be overwhelming. Nonetheless, when harnessed through analytics, data transforms into a powerhouse of valuable insights. Data stands as the cornerstone of the global economy, offering significant leverage to businesses poised for expansion.

Predictive Analytics 104

Predictive Analytics Analytics Software Analytics Sourcing Strategies 104

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Logistics Viewpoints

DECEMBER 15, 2022

There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use. Now, we can do better than that by using advanced analytics, which can be extended to include more dimensions, such as trends, and provide further insights.

Optimal Sourcing 220

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 220

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. The taxonomies and goals are different.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

Supply Chain Shaman

SEPTEMBER 28, 2022

Make, source, and deliver need to be managed together based on analytics that sense and respond at the speed of business. The manufacturing-centric company is used to strangling suppliers and demanding terms. In Figure 1, we show the overall performance of manufacturers and distributors. These capabilities do not exist at Ford.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Supply Chain Shaman

MARCH 5, 2019

What most companies want is a system with prescriptive analytics to tell them when a shipment is expected to be late and what action to take. Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. The focus is on functional metrics, but are unable to get to overall supply chain metrics.

Supply Chain Design Software 294

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 294

Silvon Software

APRIL 8, 2022

To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. The Basics of Manufacturing KPIs. Every KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 119

Logistics Viewpoints

OCTOBER 14, 2024

Solvoyo has a metric they call the user acceptance rate. This metric measures the percentage of time the planners accept replenishment, transportation, or inventory plans as they are without any change in the timing of the delivery or the quantity to be delivered. You manufacture stuff. Forecasting is not an actionable item.”

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Procurement Analytics Scenario Planning 243

Logistics Viewpoints

NOVEMBER 20, 2024

Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Technologies such as artificial intelligence, IoT, and predictive analytics enable smarter inventory management, real-time tracking, and predictive maintenance, reducing waste and costs.

Waste Reduction 244

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 244

The Logistics of Logistics

JUNE 14, 2024

Karl is the CEO and Co-founder of Pull Logic , an AI-enabled tech company focused on reducing lost sales for retailers, brands, and manufacturers due failure points in the supply chain and selling processes. Summary: Solving the $1.8 Key Takeaways: Solving the $1.8 Timestamps (00:00:00) Solving the $1.8T

Inventory Reduction 227

Inventory Reduction Inventory Inventory Management Software Modeling 227

Supply Chain Shaman

JUNE 14, 2014

“The idea of the value chain is based on the process view of organizations, the idea of seeing a manufacturing (or service) organisation as a system, made up of subsystems each with inputs, transformation processes and outputs. ” Institute for Manufacturing, 2013. __. Tipping points are fascinating to watch.

Optimal Sourcing 285

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 285

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. By comparison, vendors have been investing in advanced technologies such as artificial intelligence (AI) and advanced analytics to enhance their offerings. versus $4.84 For example ….

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Logistics Viewpoints

MAY 19, 2022

Operational innovations like the invention of containers led to the huge growth in global value chains, and today 95% of manufactured goods move on ships. Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges.

Optimal Sourcing 266

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 266

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. This is a fundamental principle of supply chain management, it constitutes a juggling act that is at the heart of any well-orchestrated manufacturing process.

Procurement Analytics 95

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 95

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals.

S&OP 89

S&OP Procurement Analytics Supply and Demand Analytics Software 89

Logistics Viewpoints

JULY 19, 2021

A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. Dr. Svend Lassen, Head of Reporting & Data Analytics for Commercial and Supply Chain at Tata Steel Europe. A ton of steel can cost as little as $700. What does that mean?

Supply Chain Planning Software 278

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 278

Logistics Viewpoints

DECEMBER 17, 2024

However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Freight transportation makes up over 10% of total global carbon emissions.

Supply Chain Planning Software 161

Supply Chain Planning Software Procurement Solutions Supply Chain Software Cost Reduction Strategies 161

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. Because he had reduced his buffers—both inventory and manufacturing—and had built a push-based supply chain using a forecasted demand signal, he was failing in many markets. Could new forms of analytics help? It is a slow week. It is tedious.

Supply Chain Design Software 279

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 279

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. Analytics investments are essential. We find that companies with an analytics center of excellence drove progress faster than those with a supply chain center of excellence.

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 246

Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Lack of aligned metrics.

Inventory Reduction 403

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 403

Supply Chain Shaman

JANUARY 8, 2024

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. Consider the role of functional metrics and the lack of alignment with the corporate scorecard.)

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 243

Logility

MARCH 12, 2021

Descriptive, predictive and prescriptive analytics should be combined to optimize your demand planning processes. To really exploit your new data to gain an advantage, you need a clear analytical plan, specific metrics tailored to your situation, and an understanding of what analytics and reporting will help you the best.

Supply and Demand 190

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 190

Kinaxis

SEPTEMBER 16, 2014

While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. However, they seem to fall under the conglomerate issue, where multiple business units may skew the summary metrics. Value of supply chain planning and analytics. So, drum roll please….

Supply Chain Planning Software 279

Supply Chain Planning Software Gartner Supply Chain Design Software Agile and Lean Supply Chain 279