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I find that most companies’ understanding of supplychain planning is immature, and that next week, at the Gartner SupplyChain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supplychain planning models. How can I improve the process of software selection?
Manufacturing ERP (Enterprise Resource Planning) software integrates all your core business processes into one powerful platform. Think of it as the central nervous system of your operation, connecting everything from production planning and inventory control to supplychain management and financial reporting.
Over the last two decades, there has been a significant focus on increasing the speed of supplychain planning solutions. Technology advancements in hardware, cloud, and in-memory computing fueled this increase, followed by the boost from automation, machine learning, and AI.
Supply management. Supplychain management. Supplychain planning. The lack of interoperability between decision support platforms is a problem for companies attempting to improve decisions from the channel to supplier bi-directionally through technology. For this blog post, never mind the comparison.
When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. When the pandemic started in 2020, no one could foresee the impacts of the global supplychain disturbances would last this long.
A digital workforce weaves together disconnected automationtools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. RPA as it is also referred to, has the capability to transform supplychain management. Procurement.
Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Designed to lift the profession and celebrate supplychain results, I struggle to find that the methodology supports either objective. Is this success? I don’t think so.
I feel that topic of supplychain management is analogous to the downward cycle of the news channels. What Drives SupplyChain Excellence? I analyze supplychain management. There is the story of aggressive sales teams over-hyping the promise of technology to drive balance sheet improvement.
In February 2023 I wrote the article What Does 2023 Have In-Store for Global SupplyChains? It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supplychain and logistics executives. Meanwhile, labor constraints are as binding as ever.
She wrote, “I have been working in the supplychain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. Only 2% of companies are pushing forward in our SupplyChains to Admire analysis. I don’t know.
Today, supplychain excellence matters more than ever. During the pandemic, the supplychain discussions take new importance. While the supplychaintechnology market lost its allure at the start of the last decade, it is now cool again. The supplychain career is new. Reflection.
Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy. Automation can also play a role here.
While I am advocating rethinking supplychain planning, for some consultants, the only path forward is the adoption of DDRMP. like Stefan’s quote, “However, all the boasts of value it (DDMRP) brings are in comparison to the value of MRP. I like BT’s use of the technology to establish the buffers.
While most consultants and technologists want to sell technology, and are eager to slap in a new piece of software, my caution is to slow down and better understand root issues before having a technology discussion. Time For A SupplyChain Check-Up? Analyze Past Results in Customer Service.
So how do these changes bleed into the facets of the supplychain? What Is the Post-Pandemic “New Normal” SupplyChain? SupplyChain Resilience. Resilient supplychains were able to cope and recover from sudden shocks and disruptions during the pandemic.
Procurement AI enables teams to quickly process mountains of data, uncover hidden patterns, and automate repetitive tasks like invoice processing and supplier evaluations. AI in procurement refers to using advanced technologies to make procurement processes faster, more efficient, and data-driven.
For the last decade supplychain leaders and CIO’s have been evaluating when and how to move their supplychain applications to the cloud. Increased visibility – a cloud platform provides real-time visibility into critical supplychain data, such as inventory levels, which can help you make informed decisions.
More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supplychain planning processes. Several years ago ToolsGroup pioneered business process outsourcing (BPO) as an alternative to in-house supplychain planning (SCP). Driven by improvements in performance and cost.
Companies can begin to offset their carbon footprint by taking a deeper look at their supplychain, including product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. However, supplychain sustainability can go well beyond these initiatives.
Thirty-one months of supplychain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supplychains. While many old-fashioned supplychain leaders speak of Risk Management and the need for Control Towers.
How AI in SupplyChain Brings Value to Your Business Supplychain leaders are looking to get a firmer grasp on their supplychain planning. Over the last few buzzword-laden years, we’ve seen many shiny new tools generate excitement – and confusion – around the potential of AI.
In almost every supplychain publication, you will find an article discussing digital transformation. Industry analysts, consultants, solution providers, executives and practitioners are all focused on how to transition from a traditional, analog supplychain to a more digital supplychain.
ARC Advisory Group’s research on the warehouse technology markets ( WMS , Warehouse Automation , and Mobile Warehouse Robotic s) shows that 3PLs are prominent investors in technology. Open Sky Group is a global specialist in the Blue Yonder (formerly JDA RedPrairie) supplychain platform.
Your ERP system is not the right technology for a sustainable supplychain. Key takeaways: A digital supplychain platform is essential for a sustainable supplychain. While your ERP may run your internal business, it’s not the right choice for the complex tasks a sustainable supplychain requires.
Let me start by saying that t he process is not a panacea to solve all supplychain ills. Clear operating strategy and definition of supplychain excellence across plan, source, make and deliver. There is a clear definition of the role of the supplychain in the delivery of value. One SupplyChain.
by Alexa Cheater 7 barriers to aerospace and defense supplychain success. As air travel demand soars, aircraft equipment manufacturers continue to innovate in areas like jet engine fuel efficiency, navigation technology and materials science. Aerospace and defense supplychain pain points. Supplychain complexity.
Last week was the SupplyChain Insights Global Summit. 110 supplychain leaders attended. In preparation for the summit, we readied the final report of the work on translating balance sheet results into a methodology to judge SupplyChain Excellence. A big bang technology focus has not worked.
by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility. Reason #4 Making key decisions by modelling the supplychain in Excel. That was carrots.
” The storyline starts with a supplychain story of a shortage–semiconductors, rental cars, plastics–and ends with an easy answer. Nothing about the current state of the supplychain is easy. Supplychain leaders have the ability to drive change like never before. And, voila!
My goal is to engage the supplychain community in a no smoke and mirrors discussion. My observation is that the supplychain community perpetuates a number of myths about planning. This post is a reflection from twenty years as an analyst in supplychain planning. What is supplychain excellence?
At a time when businesses are evolving at a rapid pace, the significance of supplychain management continues to grow, becoming an essential part of operations for companies around the globe. Two platforms that stand out in this field are SCMDOJO academy and Coursera supplychain courses , among many others.
Raw materials, parts and services are currently all running through supplychains and manufacturing processes and emitting GHGs. IT solutions for supplychains need to bring that micro level information on waste (including GHG emissions) into the hands of managers. Digitizing logistics technology is innovating fast.
As a guest writer for Forbes, public relations firms constantly pepper me with requests to speak to technologists boasting of having answers to improve supplychain resilience. I strongly believe that historical supplychain practices are not the answer. They need to evolve to help today’s supplychain business leader.
Source: The Enterprise System Spectator. Lora Cecere of SC Insights was the first of the supplychain expert opinions I saw on DDMRP. The software approaches and project implementations are not enterprise class. However, she disagrees with DDMRP’s principles of forecasting and the use of demand sensing technologies.
The annual Gartner SupplyChainTechnology User Wants and Needs Study is one of the most comprehensive studies of supplychain users. Stages 2 and 3 supplychain organizations have made progress, but continue to focus internally on improving process orchestration horizontally within the company.
Theme 1: Global supplychains will be busy, congested and chaotic. 2023 call: Global supplychains will be slightly less busy, congested and chaotic, but cheaper – at least the transportation part. Container Import Volume Year-over-Year Comparison. Source: Descartes Datamyne. Despite many calling for U.S.
Big data in supplychain has become synonymous with better business, improving efficiency in the supplychain, continually improving and innovation. When Did Big Data in SupplyChain Become a Game-Changer? . Big data in supplychain is not a new concept. Where Is Big Data Impacting Business? .
In my work with clients, customers bandy about the term “customer-centric supplychain.” Many of my clients talk about a customer-centric supplychain but rely on useless metrics from an annual survey or a net promoter score. A customer-centric supplychain is easier to say than implement.
In part one of this blog series, I started the saga of the supplychain fairy tale. It was a story where people believed that functional excellence leads to supplychain superiority. I strongly feel that a blind focus on functional excellence will cause the supplychain to become out of balance.
Supplier scorecards are globally accepted as a key tool for managing a more profitable supplychain. A good scorecard helps identify which vendors deliver the best value, explains the drivers of performance, and is a preferred collaboration tool for improving supplier relationships. Strengthening a negotiating position.
Let’s look at the four most common ways cluster analysis is used for category management and supplychain planning decisions. Automating this process and looking for exceptions for retailers and e-commerce companies benefit category managers and facilitate faster decision-making.
In the 1990s supplychain planning was over-hyped. Then it was a new and promising technology category. As a result, software sales slowed. The growth of the supplychain planning technology market disappointed investors resulting in consolidation and the decline of best-of-breed solutions.
Driving Improvements in SupplyChain Excellence. He felt strongly that supplychain leaders knew how to drive supplychain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. John and I held differing beliefs.
The current global supplychain crisis has revealed critical issues involving the global distribution of goods and services. To be of use, supplychain data must be of good quality and trustworthy. Historically organizations have been assessed based on their people, processes and technology. View the report HERE.
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