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In 2012, when I started Supply Chain Insights , I believed that I could revolutionize the purchase of supply chain planning solutions by initiating a rating and review process across trading partners. Buying supply chain planning software is hard. How are people buying software? Here I share how to challenge the status quo.
by Dr. Madhav Durbha The 2017 Gartner supply chain executive conference took place at the O2-Intercontinental Hotel in London on September 20 th and 21 st. The theme of the conference was ACT (Aspire, Challenge, Transform), same as the Gartner supply chain summit in Phoenix during May of this year. Collaborative.
There is an inverse relationship between margin and supply chain excellence. Zimmer’s strategic framework focuses on growth, operational excellence and prudent capital allocation. It is because the conversations at the conference were yesterday’s discussions. I don’t think so. It matters more. My Challenge.
Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. The Supply chain leader wants Technology from Company C, and the demand planner intends to purchase a solution from Technology Solution D. Avoid Badly Written RFP Bake-offs.
This week, I spoke at the Llamasoft Summercon Conference. The conference was low-key. We laughed, and felt a bit silly, leaving the conference room holding our new furry tchotchkes. Most companies are still struggling with “what good looks like” and “what defines supply chain excellence.”
There, he navigated the complexities of the fuel desk, advising drivers nationwide on Comdata issues, optimizing purchase orders, and leveraging tax advantages. Excelling as an inside sales manager, account manager, and mentor, he led a broker team to achieve a monumental revenue goal of $40 million.
Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Maximize the value of the purchase order flow data already in the existing networks. (A A purchase order changes many times and needs synchronization.
The process generally involves placing a purchase order with a supplier that says ‘Please deliver to us a cooling system to the attached specification’,” explained Ms. However, prior to implementing their current solution from Axit, this was all done via Excel spreadsheets, as Ms. Hennecke explained: “It was very challenging.
Consumers want to shop anywhere, and buy in the way that they want to buy. Each year I go to the Consumer Goods and Technology (CGT) conference where speaker-after-speaker talks about retail/supplier collaboration. It is for this reason that I sit on the back row at most conferences watching, listening, and smiling.
We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?
Raja Hammoud, EVP of Products at Coupa, speaking on the main stage at Coupa Inspire Coupa recently completed its Inspire conference. The visibility to spend allows them to provide excellent benchmarking in several areas. Initially, this product will focus on the purchase order (PO) acceptance process. That has recently changed.
Lora Cecere, founder of Supply Chain Insights, noted in a recent webinar that a common outcome of these failed implementations is that supply chain organizations end up in “Excel ghettos where lots of people are touching data but not improving it.”.
<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.
Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Supply chain excellence happens when leaders manage complex non-linear flows.
The issues are largely rooted in politics and the lack of clarity on supply chain excellence. Or planned orders to purchase orders?) If you are at the North American CSCMP conference, stop by and listen to the story of Nicole Miera from LKQ and Margo Cohen from Nestle. And how do we measure it? (Is I don’t know.
Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. I disagreed.
That was my opening question to the executives attending last month’s Elemica reveal 2014 Conference in Frankfurt. Several customers addressed those questions in excellent case study presentations: Dr. Bernhard Herzog, Oxea GmbH – “Business Impact of a Supply Chain Operating Network”. Improve process quality for vendors and BASF.
Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. They are not active on conference circuits. Demand latency is the time cycle to translate a channel purchase to an order.) As I listen, I struggle. Is this success? I don’t think so.
Do you remember the days when we used to attend these things called “conferences”? Next month, on May 5 th and 6 th , I’m looking forward to what looks like an interesting and worthwhile virtual Procurement conference – Ivalua NOW 2020 Virtual Edition. . In a big room, with hundreds of other people, none of them wearing masks.
Procter & Gamble and Kimberly Clark); but for most companies that I have worked with, I see that they have purchased and implemented inventory technologies, but there has not been an impact on future years results in either Days of Inventory or Days of Working Capital. You see it conference after conference.
I need it for my conference on September 10th-11th, 2014. Which metrics do you think matter to supply chain excellence? The ultimate metric of success used by Starbucks was the percent of coffee purchased from CAFE Practices verified farmers. The manuscript is due to Wiley on March 1st for an August 2014 publish date.
As an old gal attending multiple conferences (more than I would like at times), I have listened to speakers waft eloquently about the value of concepts like networks, big data, industry 4.0, similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel.
by Bill DuBois I recently attended the LogiPharma conference in Princeton, NJ to hear a number of speakers give their thoughts on the state of the pharmaceutical supply chain. There was agreement among many at the conference that pharma is a bit behind the high tech and automotive industries when it comes to supply chain efficiencies.
3PLex was then purchased by Maersk. Ecommerce fulfillment is the backbone of the direct-to-consumer supply chain and to successful, fulfillment companies must excel at both technology and warehousing & logistics. 2021 BGSA Holdings Supply Chain Conference. Ecommerce fulfillment. Ben Gordon. Cambridge Capital.
While there is work within SAP to rethink SNC and use the assets purchased with Ariba to build multi-tier capabilities, the progress is not encouraging. the company is owned today by 20 organizations representing manufacturers, distributors, hospitals and group purchasing organizations (GPOs). Marketplace Rebirth.
I writhe in my seat at most conferences and count the number of times the word “digital” is used in presentations. Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. Supply chain excellence definitions evolve as companies explore the Art of the Possible. I am not sure why.
The older tools from CAPS Logistics, SNO from Oracle, and Manugistics Network Planning are giving way to new technologies like the Logictools product (purchased from IBM), the Solvoyo product for concurrent planning, the Quintiq technology for concurrent optimization, and the Llamasoft technology platform for optimization and simulation.
The past few weeks have seen several different conferences in Supply Chain but the stand out last week was certainly the Gartner Supply Chain Executive Conference (GSCES) in London. And so there was no shortage of cloud vendors at the conference this year. Trade numbers don't reflect that.
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?
Buying a car is overwhelming. We sit on 9,000 quantitative responses and we want to better understand the drivers of supply chain excellence. Supply chain planning satisfaction is a driver of excellence. This week, after ten years, I am test-driving cars. I have not owned a car for a decade. I just want one that works.
During the year, I go to a lot of conferences. How do they buy from you? How do they buy from you?” When I hear them at a conference, I squirm uncontrollably in my seat. Both improvement and performance define supply chain excellence. Source: Dictionary.com. Why does it matter to you? This makes me yawn.
During the spring, I get to spend a lot of time in airplane(s) attending and speaking at technology confer ences. Avoid buying software from a consulting company. Do not buy software based on partnerships. For example, if you are buying Hadoop solutions be sure to verify the number of committers (write-back to the code base).
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 ”.
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.
Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” As a result, companies should buy inventory management technologies based on process requirements, IT standardization and cultural fit. These are my thoughts.
The focus is on the role of supply chain finance in driving supply chain excellence. Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The design of the conference includes tours of several modern warehouses and centers of excellence. The River of Demand. #3
As we discussed this drawing the dialogue flowed in the conference room. The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. .” I drew the picture shown in Figure 1.
My takeaways from Gartner’s Supply Chain Executive Conference 2016. Gartner’s Noha Tohamy offered a great presentation about this at their recent Supply Chain Executive Conference. As Noha explained during the conference, there are a few questions you should ask yourself before embarking on this journey.
My goal in this blog post is to answer a series of questions I got from the audience when I spoke at a couple of conferences this week. Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. A strong center of excellence tied to network design is essential.
This team is not buying the message. So much so, that three years ago, I founded a research company to focus on understanding supply chain excellence. In response to filling out the survey, we will share the results with respondents on a one-hour conference call. “Lucky me,” I thought, and smiled.
On March 26, 2015, I nsight Venture Partners (“Insight”) purchased E2open for $8.60 Taking the company private, the investment by Insights gives E2open capital to purchase companies. They have recently purchased the undervalued assets of Orchestro, ICON-SCM , Serus, Terra Technology and now Steelwedge.
When my flight canceled, I was en route to the annual AMR conference in Phoenix. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. I kept pressuring this client to use their channel data locked into the Excel files in their sales account teams. Mistake #3. My challenge? Measure it.
At the COP26 climate conference in 2021, more than 1,000 companies committed to adopt targets to reduce emissions in line with the Paris Agreement goals. Your Questions Answered: What is a power purchase agreement? Singapore is among the 80-odd countries that have set net-zero targets that are to be reached mostly by 2050.
If a planning project short-circuits the conference room pilot stages, it will be difficult to ever maximize the value from the investment. The third issue is the lack of understanding that global processes–to maximize the economies of scale in transportation and material buying–need strong governance.
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