Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. How Do You Define Excellence? I admit it. Lora was as well.

Supply Chain Planning Software 300

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 300

Supply Chain Shaman

JUNE 3, 2024

A Closer Look at Digital For a decade, I have struggled to get a clear definition on the digital supply chain. similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel. I do not see the testing and definition of engines for this type of decision support.

Supply Chain Planning Software 345

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 345

Supply Chain Shaman

DECEMBER 27, 2022

In the process, there is a fine line between marketing hype and overpromising, making buying difficult. 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. Let’s take a look: Digital Brain. I have no idea.

Supply Chain Software 406

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 406

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Electronic Data Interchange (EDI) does not meet this definition.

Supply Chain Network Software 275

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 275

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. Many operations turned to lean manufacturing to take any inventory out of their pipelines that could put their supply chain on the line. Australian reshoring strategies for advanced manufacturing .

Manufacturing Procurement 105

Manufacturing Procurement Manufacturing Supply Chain Planning Software Sourcing Strategies 105

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

Supply Chain Planning Software 362

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 362

Supply Chain Shaman

JULY 23, 2023

The order latency is the time from purchase by the end consumer to the visibility of the order. For example, when a product at retail is purchased, the shelf is replenished from backroom stock. I worked with an allergen manufacturer that had a seasonal product with order latency of 182 days. There is no definitive answer.

Supply Chain Planning Software 339

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 339

Supply Chain Shaman

FEBRUARY 16, 2024

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. Or mine supplier shifts to build alternate buying plans. I am a researcher.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 390

Supply Chain Shaman

FEBRUARY 1, 2024

Definitions Before we move to the discussion of the actions to take, let’s get clear on some definitions. Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. days to receive a purchase order confirmation.

Supply Chain Planning Software 345

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 345

Supply Chain Shaman

SEPTEMBER 27, 2021

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.

Supply Chain Planning Software 336

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 336

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. This is true even though we are not clear on the definition of next-generation processes. Kinaxis Purchase of Rubikloud. Reflection. They are just too risky.

Supply Chain Design Software 307

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 307

NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Supply Chain Shaman

MAY 1, 2023

We find that companies with an analytics center of excellence drove progress faster than those with a supply chain center of excellence. While companies build Supply Chain Centers of Excellence, most are not clear on what good looks like. When you ask, “What defines supply chain excellence?” The other issue?

Inventory Reduction 248

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 248

Logistics Viewpoints

MARCH 9, 2023

Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable.

Supply Chain Planning Software 223

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 223

GlobalTranz

JANUARY 7, 2016

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. What is Manufacturing?

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 80

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 80

Supply Chain Shaman

SEPTEMBER 10, 2023

The continuation of the belief in the definition of today’s supply chain planning is a tangled web that we weave that is a bit of a mess. His position was that the research that I was writing was not being aggressive enough in the definition of global supply chain planning requirements. What defines supply chain excellence?

Supply Chain Planning Software 259

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 259

Supply Chain Shaman

NOVEMBER 21, 2022

Definition of Confirmation Bias. So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly. “ Reflection.

Supply Chain Planning Software 301

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 301

Supply Chain Shaman

DECEMBER 11, 2018

Fuzzy definitions. 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. Do you think that this definition could contain a few more references to digital?). Nope, my definition is one of many.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 202

SCMDOJO

DECEMBER 29, 2022

Warehouse Automation Definition: Warehouse automation uses technology and automated systems to streamline inventory management, storage, and shipping. Excellent inventory management remains an essential part of running a warehouse. Seek WMS solutions that integrate with the existing hardware, so you do not need to buy any new devices.

Supply Chain Software 72

Supply Chain Software Warehousing Optimal Sourcing Optimization Software 72

Supply Chain Shaman

JUNE 28, 2021

Idiomatic expressions are a type of informal language rooted in meaning that is different from the literal definitions of the words used in the expression. ). 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. Be careful.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 236

QAD

MARCH 30, 2023

Manufacturers may not think they have much in common with the retail companies beyond producing the products that stock store shelves, but there could be a lot to learn from the latter as the manufacturing headwinds of the last few years carry into 2023. Walmart Has Embraced RFID Technology – Should You?

Manufacturing Procurement 98

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 98

Supply Chain Shaman

JUNE 7, 2021

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.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Supply Chain Shaman

JUNE 13, 2024

Definition: “The RISE with SAP offering includes an AI-powered cloud ERP that’s managed and optimized by SAP. Definition: A software maintenance agreement, or SMA, is a legal contract that obligates the software vendor to provide technical support and updates for an existing software product for their customers.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software SAP 221

Supply Chain Shaman

JUNE 21, 2023

Before you react, here are some definitions. One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. The analysis is biased toward large process-based manufacturers in the Gartner network.

Gartner 364

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 364

Supply Chain Shaman

MAY 26, 2023

Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Let’s start with a basic definition. Demand latency (the time from purchase by the customer to order visibility by the manufacturer) is weeks and months. Why are semantics important? The So What And Who Cares?

Optimal Sourcing 345

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 345

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. By definition, in the current state, supply chain planners work in a lose/lose environment. In the supply chain, there are potential buffers—excess capacity in manufacturing work centers and inventory.

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 312

Synovos

MARCH 11, 2024

The Benefits of Outsourcing MRO Integrated Supply Chain for Food Manufacturers When RS Integrated Supply first started managing Maintenance, Repair and Operations (MRO) for one US food manufacturer, the client was a fledgling company. “I Food production is, however, different to other areas of manufacturing in crucial ways.

Manufacturing Procurement 52

Manufacturing Procurement Food Manufacturing Material Savings 52

Supply Chain Shaman

JULY 25, 2021

Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance. If you want to drive change, start by defining supply chain excellence. The winners include Apple, AbbVie Inc.,

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

SEPTEMBER 22, 2021

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. The question is, “Why?”

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra Technology investment is one of what we believe will be a series of purchases to build inter-enterprise cloud-based software platforms to redefine supply chain planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. For example, manufacturers have had to alter business models to be able to accommodate the change in consumer behavior. However, at the same time, the technology of better data management is most definitely helping manufacturers as well.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Drawings from Two Very Different Businesses Portraying the River of Demand.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

IQMS

FEBRUARY 12, 2021

Bottom Line: It’s in the striving to always keep improving process and product quality based on insights from their Manufacturing Execution Systems (MES) that helps manufacturers become stronger and more responsive to customers in tough times.

Manufacturing 65

Manufacturing Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 65

Supply Chain Shaman

MARCH 21, 2022

By definition, this requires a global supply chain. The Port of Shenzhen –a central manufacturing and export hub including the Yantian terminal that handles 25% of all U.S.-bound Still, the manufacturing plants and distribution centers are closed. Taiwan manufacturers 60% of global semiconductors.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Supply Chain Insights

JANUARY 18, 2018

Consultants and technology leaders are rebranding under a “digital umbrella” without clear definition. 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 often uncomfortable.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

Supply Chain Shaman

JUNE 23, 2020

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$. Manufacturers operate in a constrained environment, and the goal is the automation of the Theory of Constraints theory. They did it. The problem?

Supply Chain Design Software 294

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 294