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Today, I am cruising major freeways traveling from Chicago to my new home in Pennsylvania. I wanted to say, “You let the consultants influence you to buy the wrong technologies based on IT standardization. Most planning happens in Excel Spreadsheets. This topic was the most contentious at the session in Chicago.
Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Creating data semantics is analogous to mapping grammar and style rules in content writing style guides (Think Chicago Style Guide 10). Relational database structures are a barrier to modeling relationships and flow.
Tonight, I am stranded in a hotel in Chicago. The Chicago airport is closed for the night. Our current processes and dependencies on Excel spreadsheets cannot get us to our goal. E2open last week announced the purchase of Serus. It is 3:00 AM. It is quiet and a good time to think. 3) Risky Business?
Dependency on Excel. Due to the shortfalls in the evolution of Advanced Planning, 68% of business users use Excel spreadsheets as the primary mechanism for planning. Excel–while widely used for planning–is not equal to the challenge of modeling complex supply chains. Don’t rush to buy. The result?
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. I live in Chicago. eCommerce Purchases and “The New Normal” Retail Categories.
Over the years, we have moved from the first spend analysis initiatives, laboriously building Excel-based “spend cubes”, through to today’s automated, cloud-based, AI-driven, integrated, holistic (add your own buzz-word here…) procurement platform. Author: Peter Smith , Managing Director at Procurement Excellence Ltd.
Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. It was called, “ The Short List ”.
My schedule had me on a plane to Chicago at the time of the presentation. Q: You mention that Executive Buy-in is the biggest stumbling block. What techniques are being used to get executive buy-in? As I picked it up , I saw a twitter alert welcoming people to the APICS webinar with @lcecere on Agility that afternoon.
This week, I attended the Consumer Goods Forum in Chicago. While the traditional wisdom is buying more and more SAP applications to have one throat to choke, this assumes that anyone can get their hands around a greedy throat. The networking was great. Here I share observations and take aways. Consider alternatives.
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. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The River of Demand. #3
As we walked, I reflected and kept asking Scott, “How can we optimize outcomes if companies are not clear on what defines excellence?” Sean strongly believed that the sales group knew what the customers wanted and that tight supply chain integration to sales information would drive excellent results. At the first meeting.
As we walked, I reflected and kept asking Scott, “How can we optimize outcomes if companies are not clear on what defines excellence?” Sean strongly believed that the sales group knew what the customers wanted and that tight supply chain integration to sales information would drive excellent results. At the first meeting.
Volatility in pricing trends are opportunities to lock in contractual rates, though shippers and logistics providers must also maintain flexibility to leverage spot buys as needed. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.
This week, I spoke at the Chicago CSCMP round table event. I was an avid student of supply chain excellence; and in this role, I watched as best-of-breed solution after best-of-breed solution replaced with more complicated technology. Buying patterns are changing quickly, and the insights are multi-dimensional. I was a skeptic.
Proper demand forecasting and inventory control can help ensure a business doesn’t buy insufficient or excessive inventory. Demand forecasting can help you spend less money on both inventory purchase orders and warehousing , as the more inventory you carry, the more expensive it is to store. Ryan Casas, COO of iloveplum. Short-term.
Download an Excel version of the list here for free ! Chicago only. shipping address for E-Commerce purchasing. cities, eg Chicago. We LOVE how they’re embracing technology to change logistics and improve the end-user’s life. Want to know more? The Ultimate Logistics Startup List. Marketplace. Description.
Every single business should be able to democratize an excellent delivery experience and provide it to their customers. I’m dialing in from our quarters in Chicago. We originally started in India, and we set up our global headquarters in the US, in Chicago. I moved to the US in December 2021 right in Chicago.
It’s not just the short-term visibility that is needed, but also purchase order Advance Shipping Notice (ASN)-level visibility, longer-term forecast collaboration with suppliers, as well as collaborative forecast and capacity collaboration with customers, peers and suppliers.
Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Venture Funding: $25M U.S. Series B Funding: $75.5M Series B Funding: $48.5M Inventory Planner.
Now more than ever — at a time when people are choosing online over in-store to adhere to social distancing practices — the communicated speed at which consumers will receive their orders can play a deciding role in whether they choose to buy from your online store or a competitor’s. What is needed to excel at ecommerce logistics?
I grew up outside of Chicago and I’m the only girl out of six siblings. That role is where I learned more about using data to understand how consumers think or feel about the product/service they are buying. I’m a servant leader, and feel it is my job to ensure my team has all the tools they need to excel and thrive in their role.
With e-commerce sales rising yearly, consumers now have the power to choose between various retailers to purchase the goods they want. Our deep-rooted expertise and standards of excellence make Expak Logistics the first choice for companies seeking low cost, flexible and simplified solutions to their distribution and supply chain needs.
This year’s Customer Excellence Award for Best Supply Chain Transformation goes to Ferrara Candy – for making incredible strides in its digital transformation journey amidst a string of M&A activity that continues to add extreme complexity to Ferrara’s global supply chain. Ferrara has come a long way since its founding in 1908.
Whereas APICS itself once was focused largely on production and inventory control, since its acquisition of the Supply Chain Council in 2014 the organization has reestablished itself with a focus on helping its members achieve supply chain excellence. Chicago, IL. Will they care about how it’s made? The simple answer is yes.
She is VP of Membership for the CSCMP Chicago Roundtable and was the 2019 CSCMP Edge conference chair. Now we’re developing some excellent online platforms. Yet panic buying created a shortage because supply chains of such items are not built to be agile and to react to an unprecedented spike in demand.
I grew up outside of Chicago and I’m the only girl out of six siblings. That role is where I learned more about using data to understand how consumers think or feel about the product/service they are buying. I’m a servant leader, and feel it is my job to ensure my team has all the tools they need to excel and thrive in their role.
Think about it for a moment: Major companies spend a lot of money buying cans, logistics, marketing services, whatever, spending billion of dollars. Instead of having analysts in Chicago, they were in India. Today almost all college food, including NC State, is excellent!) And we started growing.
At Wenzel we watch the PMI ( Purchasing Managers Index ) and the USMTO (United States Manufacturing Technology Orders) numbers and compare them with our own performance. The Purchasing Managers' Index (PMI) is an indicator of the economic health of the manufacturing sector. So not good news on the whole.
Match invoices to shipping log You’ll want to double check your purchase orders or invoices against your shipping log to make sure there aren’t any discrepancies. Using technology that keeps inventory counts synced in real-time rather than using something static like Excel helps with the following. 3PLs like ShipBob help with this. “We
« Demand Planning in CPG industry - Practising the Best Practices | Main | Retailer Multi-Channel Operations Capabilities Get an Early Test in the 2011 Holiday Buying Season » Factors Influencing Delivery Address Amendment. When I placed the order, my friend was staying in Chicago, so I chose Chicago as delivery location.
Located in Chicago, the facility opened in 2015 , making it the first LEED Platinum certified manufacturing plant in the industry. XB Logistics @XBLogistics A leading 3PL, XB Logistics aims to redefine traditional 3PL offerings to deliver operational excellence at a lower cost compared to conventional 3PLs based in the U.S.
I have worked at EazyStock for 5 years from our offices in Malmö, Chicago and now Stockholm. EazyStock is a system that calculates forecasts and purchasing parameters and automatically classifies and categorizes all items based on their current behavior. Congratulations, Julia! Thank you!
I have worked at EazyStock for 5 years from our offices in Malmö, Chicago and now Stockholm. EazyStock is a system that calculates forecasts and purchasing parameters and automatically classifies and categorizes all items based on their current behavior. Congratulations, Julia! Thank you!
More on freight insurance: 5 Things to Know Before Buying Freight Shipping Insurance. Companies such as YRC and Old Dominion are excellent national freight carriers. Cities with heavy traffic, such as Chicago or New York city, have additional fees due to vehicle congestion. Select the Best Carrier for your Route.
More on freight insurance: 5 Things to Know Before Buying Freight Shipping Insurance. Companies such as YRC and Old Dominion are excellent national freight carriers. Cities with heavy traffic, such as Chicago or New York city, have additional fees due to vehicle congestion. Select the Best Carrier for your Route.
More on freight insurance: 5 Things to Know Before Buying Freight Shipping Insurance. Companies such as YRC and Old Dominion are excellent national freight carriers. Cities with heavy traffic, such as Chicago or New York city, have additional fees due to vehicle congestion. Select the Best Carrier for your Route.
In Chicago, a local market is running short of canned goods and boxed items. He notes, “What the ancients called a clever shopper is one who not only shops, but excels in shopping with ease.” Current supply chain snarls have resulted in spotty shortages and hoarding that means careful planning is the order of the day.
At the end of the day, customers buy based on value not on the cool factor of the technology. For more on Supply Chain Excellence, and which compan ies are doing well, join our Supply Chains to Admire Webinar. For additional insights on Supply Chain Excellence, consider joining our upcoming events: Imagine Supply Chain 2030.
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