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In my writing, I try to get clear on definitions. Traditionally, the definition of end-to-end supply chain planning meant: Forecasting based on order or shipment patterns. This is the traditional software taxonomy that drives the definition. So, the next time you discuss supply chain value, be clear on the definition.
Read more The post Another Reason to Expand Definition of Supply Chain Visibility appeared first on Talking Logistics with Adrian Gonzalez. It must also include visibility to greenhouse-gas emissions and forced labor across the supply chain. Because it’s becoming mandatory due to a growing number of laws.
What is an easy definition? There is no class of technologies, or common definition, for “control towers.” The next time that someone in a meeting mentions the term control tower ask for a definition. Without clear definitions projects expect failure. As we waited for coffee, silence hung heavy in the air. Visibility.
There is no standard definition. In the supply chain management industry, words swirl but lack definition. There are many claims but no clear definition. In the sea of hype, there are few definitions but a lot of hand-waving. However, we need to challenge the base definition of supply chain planning. You need both.
The Definitive Guide to Embedded Analytics is designed to answer any and all questions you have about the topic. Access the Definitive Guide for a one-stop-shop for planning your application’s future in data. Every application provider has the same goals: to help their users work more efficiently, and to drive user adoption.
Read more Why Expand the Definition of Supply Chain Visibility? The post Why Expand the Definition of Supply Chain Visibility? For years, supply chain technology companies have touted real-time shipment visibility, or even promised complete supply chain visibility, while. appeared first on Talking Logistics with Adrian Gonzalez.
The definition of agility and resilience will continue to evolve. The creation of a new digital ecosystem has enabled these and other changes that will shape the definition of supply chain agility and resilience in the 2020s and beyond. There are Also Commercial Reasons. The Road to Agility and Resilience.
Supply chain reports offer a comprehensive view of your entire supply chain operation. They are powerful tools for businesses to identify areas for improvement, optimize processes, and gain a competitive edge. What are Supply Chain Reports?
The race started in 2016 as a foggy definition of digital appeared in supply chain marketing from technology providers. Today, there is no standard definition of digital. The numerous definitions across the supply chain technology and consulting providers are very different and often confusing. What is a digital brain?
The Definitive Guide to Embedded Analytics is designed to answer any and all questions you have about the topic. Every application provider has the same goals: to help their users work more efficiently, and to drive user adoption. It will show you what embedded analytics are and how they can help your company.
Let’s Start With Clear Definitions My inbox is full. The market is flooded with references to AI, but few stop to give a definition. To combat the hype cycle to drive value, I think that we need to get clear on use cases and definitions. Before reading this post, consider reading my prior blog post, Don’t AI This.
The problem is that few companies have a clear definition of excellence compounded by the lack of clear definition of a business strategy. and there were no respondents that rated their process effective on this definition. The answer lies in the lack of clear definitions to drive outcomes. I used to think so as well.
The three steps in realizing the vision are 1) flexible, reconfigurable plant; 2) global manufacturing networks of flexible, configurable plants; 3) the integration of the previous step with digital, certified, encrypted product definitions. The result enables to make any product, any time in any location, with genuine product certificates.
By Christine Baker (pictured) Content Writer The post Business dashboard: definition and usefulness for small businesses appeared first on IT Supply Chain.
The Definitive Guide to Predictive Analytics has everything you need to get started, including real-world examples, steps to build your models, and solutions to common data challenges. No wonder predictive analytics is now the #1 feature on product roadmaps.
In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. Alignment of the programs was an issue.
This will avoid miscommunication and the false sense of security that can develop when less stringent definitions are used. The post The Importance of Clear Service Level Definitions in Inventory Management appeared first on Smart Software. Clearly defining how service level is calculated puts all stakeholders on the same page.
In this guide, we’ll explore its core definitions, processes, and best practices, providing insights on building stronger, more resilient supplier partnerships that drive business success. But what exactly does Supplier Management involve?
As an analyst, I am always searching for answers and clear definitions. Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. This increasing gaps in alignment and clarity of the definition of supply chain excellence was an unspoken risk entering the pandemic.
ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.
Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned. Here is my suggestion: Try to Align the Organization on the Definition of Supply Chain Excellence. The definition of the efficient supply chain in this model is the lowest cost per unit.
Definition. Definitions of Planning Horizons. Don’t fall prey to discussions that are not grounded in the basic definitions. Discussions devoid of definitions are the favorite ploy of the Supply Chain Conquistadors.). In this process, sadly, there is little definition of the model. Merriam-Webster.
In fact, the definition of pulling the rug out from underneath someone is that doing so causes their plans to fail, because they have little recourse or time to respond adequately. The rug has been pulled out from beneath us. Doing things the same way we’ve always done them will no longer serve us, so we can’t simply put it back in its place.
Joe would comment that it is easier to guide patient care because of clearer definitions of success than to lead a supply chain team when the definitions of supply chain excellence are muddy. She told me that a data guy would want the team to know the definitive outcome. Data Wrangling. I will miss you so.
Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".
Let’s start with a definition of concurrency. I find that it is a frequently used term with many different definitions. As shown in Table 2, there are three commonly used definitions. Clear definitions of what drives a good decision in each time horizon, along with clarity of governance is essential for planning.
Like betting that a champion racehorse will win a specific race, this “single-number” forecast assumes one definitive result. The Limitations of Traditional Single-Number Forecasting There are fundamentally two approaches to prediction in supply planning : The first is the traditional method of predicting one specific outcome.
We are not clear on definition. So, if you use the Supply Chain Insights definition, you might ask, how are we doing commercially against this goal? I believe that the ASCM definition is too reactive and rooted in the traditional, and outdated concepts on risk management. Align on definitions. But few define it with use.
The secondary problem is the lack of definition of process requirements and a buying team that cannot see past simple MRP/MRP II/DDMRP requirements. The goal for all should start with a clear definition of the term “visibility” and the process definition of what capabilities are required to drive success. What To Do?
Download the Definitive Guide to learn why dashboard design matters, and how to do it well. Great dashboards lead to richer user experiences and significant return on investment (ROI), while poorly designed dashboards distract users, suppress adoption, and can even tarnish your project or brand.
A Closer Look at Digital For a decade, I have struggled to get a clear definition on the digital supply chain. Definition: With reference to a dog used for hunting game, the colloquial American-English phrase that dog won’t hunt , and its variants, are used to express the opinion that a particular plan or approach will not succeed.
Definitions: Oxymoron: The combination of contradictory or incongruous words (such as cruel kindness) Juxtaposition: The act of placing words or concepts close together or side by side, for comparison or contrast. Today’s definition of supply chain planning is my starting point. What is supply chain excellence?
Over the past decades the definition of the supply chain has become narrower with a focus on supply and improving enterprise efficiency which decreases resiliency. I think that the answer has five parts: The Belief that the Industry Has Best Practices. Investment in Legacy Technologies.
I think it’s more that the idea of sourcing and how to buffer certain inventory will be definitely more localized. So this is definitely something from the supply side, what is the takeaway? But I think it was definitely an interesting year. So I think it’s definitely a good question. Birger Klinke: Yeah.
This Gartner report, provided complimentary of TadaNow, provides answers to questions that Supply Chain leaders in Manufacturing companies have –– from definitions and scope to framework, how to leverage it all, and best practices. Some of the points covered are: Research –– Control tower definition, scope, and framework.
In today’s organization, only 23% of companies are clear on the definition of the operating strategy. Strategy definition precedes process definition. Clearly Define an Operating Strategy. Companies have 5-7 flows within their supply chain that require alignment to the operating strategy.
Success happens when the right question is aligned to the right analytical technique with a clear definition of what makes a better decision. A barrier to “out-of-the-box” thinking is getting clear on definitions and gaining clarity on how to align analytical capabilities to solve real-world problems. Having fun yet?
Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. There is a clear definition of the role of the supply chain in the delivery of value. Definition and alignment on why should make a decision and what a good decision looks like. Drives Value. S&OP is a business process.
Start With Definitions. To begin any discussion in this market, the buyer should start with definitions. Definitions. It is like my flip phone in capability, but moving backward. All solutions, irrespective of capabilities, call themselves a network. A network is not a network. Each form is different. So, What Should You Do?
We called on ZoomInfo’s top sales people — including our founder and CEO — to bring you the definitive guide for selling to the C-suite. How should frontline sales professionals approach selling to the C-suite in today’s ultra-competitive market?
Most can agree, however, on its core definition: That the FoF is realization of Industrial Transformation. This is the first in a series based on the LNS Research Paper regarding the Factory of the Future. Ask someone what the Factory of the Future (FoF) is and chances are that you’ll hear a myriad of answers on the topic.
Definition Anomaly: something that deviates from what is standard, normal, or expected. Definition As I follow the evolution of supply chain technology, I am struck by what I see as a stream of paradox and anomaly, and the tendency of supply chain leaders to cling to convention.
The Real Definition of Inventory Rebalancing First, let’s set the record straight: inventory rebalancing isn’t just a fancy term for moving stock around. This oversight can lead to hidden costs that not only erode your profits but also jeopardize your customer loyalty.
In this report, we share thoughts on the definition of an outside-in model. The testing shows that an outside-in process improves Forecast Value Added (FVA) by 10%, removes signal balance, and improves the time to know by 150%.
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