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Aptean is orchestrating the Blue Yonder/E2open/Infor playbook of buying undervalued assets and milking the maintenance and Software-as-a-Service contracts with existing customers. following the reporting of fourth-quarter results. This is despite the strengths of the recent purchase of Optimity. Manhattan Associates.
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. One of my favorite supply chain leaders has a stack of Palantir reports in black binders on his desk. Kinaxis Purchase of Rubikloud.
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.
Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. ” Supply Chain Leader. I am behind. The heat is on.
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.
In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. The rebirth of marketplace offerings is not on the back of e-procurement or ERP. The debates were heated.
I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. I define supply chain excellence as year-over-year performance better than the peer group on this balanced scorecard. 06/2020 Kinaxis buys Rubikloud for 60M$. Stay tuned. They did it.
As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. ” Her answer was telling.
Several customers addressed those questions in excellent case study presentations: Dr. Bernhard Herzog, Oxea GmbH – “Business Impact of a Supply Chain Operating Network”. Herman Woltjes, Shell Chemicals – “Logistics Execution”. Time Slot Booking/Optimization (aka “Dock Appointment Scheduling”) Delivers Cost and Productivity Savings.
<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.
They excel in the four Ps of marketing. In contrast, a market-driven organization connects bidirectionally market-to-market to orchestrate the signals to shape demand and mitigate risk (buy-side to sell-side and back). The ends of the supply chain–both in customer and procurement– are fragile. Absolutely! Absolutely!
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 result? The reason? Is this leadership?
Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006. My takeaway?
This data will be combined with the financial ratio data and published in an Open Content Research report in April on the Supply Chain Insights Community. Current State: Costs are rising. They each lag in their understanding of supply chain excellence, and are now struggling to build effective supply chain teams.
While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.
Sales and Operations Planning (S&OP) is a continuous business process that enables firms from hospitals to chemicals to respond to emerging situations intelligently. Our focus today is to discuss the relevance of buzz words such as Analytics, PredictiveAnalytics, Data Science, and Machine Learning, for S&OP.
Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. PFEP optimizes the policies that define how to procure each part. PFEP enables supply chain leaders to glean a 360-degree view of their inventory and procurement policies to maximize the value of each inventory dollar.
GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. GEON is owned by SK Capital.
Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. Outside-in Planning: Modeling based on channel and supply network signals. This week, I was at Informs Analytics Conference.
The FDA issued an exposure modification order that allows the claim to be made that “scientific studies show that switching completely from conventional cigarettes to IQOS significantly reduces your body’s exposure to harmful or potentially harmful chemicals.”. PMI was not an easy prospect.
And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services. Big Data and Analytics for Oil and Gas Transportation. It’s the promise of Big Data, Business Intelligence, and Analytics. For related commentary, see: Notable Quote: C.H.
Almost two decades of reporting. For example, Monster Beverages beats Coca-Cola and PepsiCo, while Celanese outperforms Dow Chemical. Demand latency is the time cycle to translate a channel purchase to an order.) The analysis is now in its ninetieth year. But does it help the profession?
In an uncertain environment, affordability and predictability are at a premium, and a supply-chain organization can deliver these through effective management and oversight of its suppliers. Accurate planning not only reduces stock and improves service levels; it also reduces costs by avoiding expediting and minimising write downs.
Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. These are my thoughts. See you there?
Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. The inherent buying patterns of consumers are also changing.
RS Integrated Supply’s Costanza Campi to speak at World ProcurementExcellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World ProcurementExcellence Summit in Cologne, Germany.
Analysts at Gartner predict circular economies will replace today’s wasteful linear economies over the next decade or so. There are a number of excellent reasons circular economies are desirable, including less waste and better use of limited resources. Kadir van Lohuizen ( @mediakadir ) reports, “The world generates at least 3.5
Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. Subscribe Here! Email Address. Need I say more?
Sadly, I find each to have a limited view of supply chain analytics. Process industry leaders–chemical, consumer packaged goods, food/beverage–have greater issues using data, with software usability, and building effective connections to align and build effective relationships with trading partners. The solution failed.
The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?
“Currently, the biggest challenge for supply chain managers is…” Keeping up with consumers and their buying behaviors. Additionally, the advancements and constant changes in technology and analytics play a huge role in supporting the success or failure of a modern day supply chain.
Where should you start when you want to create budgets, cut costs, or forecast future spending? After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. The answer is simple: spend analysis.
This blog is part of a three-part series on how cloud ERP enables manufacturers to achieve operational excellence. These topics and more are covered in our Achieve Manufacturing Excellence with Cloud ERP: A Practical Guide for Small and Midsize Manufacturers. Manufacturers and distributors live or die by real-time data.
Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I rapidly came to the conclusion that these articles were excellent at the helicopter view of the challenges, however seemed unable to apply categorisation to the challenges. Introduction.
South Korea has reported the lowest number of new cases in 4 weeks , leading the way on the containment execution roadmap. As a chemical engineer with a background in biotechnology, oil & gas, and supply chain, I have had my pick of flow problems to solve. There are already signs of recovery.
Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. So the CSR score too is more of a popularity contest than a consistent metric. At the end of the slideshow, you’ll also find links to our analyses of previous years’ rankings. Media Type.
The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.
The solution is clear – Harnessing the power of the existing data using AI can enable companies to create intelligent supply chains for end-to-end operational excellence. Curtis Feeny has invested in enterprise software for 19 years with a focus on data analytics. Curtis Feeny : Managing Director at Voyager Capital. project?
Efficient management of catalog items is one factor that distinguishes chaotic purchasing from organized procurement. Procurement teams that want to speed up the purchasing process and reduce errors while adhering to quality standards and budget limitations must have quick access to pre-approved items from vetted suppliers.
A report proposing three system solutions that could reshape the industry and set the clean energy technology sector on a path to sustainability. Read the short version of this report on Medium. Chapter 2 of this report outlines some of the barriers observed to play a prohibitive role to transparency for REE mining and processing.
South Korea has reported the lowest number of new cases in 4 weeks , leading the way on the containment execution roadmap. As a chemical engineer with a background in biotechnology, oil & gas, and supply chain, I have had my pick of flow problems to solve. There are already signs of recovery.
Steve Hainey is an international speaker who has had over 20 years’ experience in global multi-site supply chain planning for Fortune 100 & 500 manufacturing companies of retail consumable goods, chemical materials, and medical device products. I have purchased the E-Book myself and truly enjoyed it. . Just keep moving forward.
The solution is clear – Harnessing the power of the existing data using AI can enable companies to create intelligent supply chains for end-to-end operational excellence. Curtis Feeny : Managing Director at Voyager Capital Curtis Feeny has invested in enterprise software for 19 years with a focus on data analytics. project?
For businesses that aim to be at the forefront of tech-driven automation and real-time data analytics, smart warehouses are the perfect fit. However, they require significant capital for construction or purchase, maintenance, and operation. Consider your customer demographics and their expectations.
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