Supply Chain Shaman

APRIL 29, 2024

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.

Supply Chain Planning Software 392

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 392

Supply Chain Shaman

MARCH 21, 2024

For example, in my qualitative research studies, I find few can answer the questions of what defines a feasible plan, how to measure inventory effectiveness, or how to tune and refine models. The shifts over the last decade are profound: Is the answer a Supply Chain Center of Excellence? Lack of executive buy-in. Let me explain.

Inventory Reduction 403

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 403

Supply Chain Shaman

JUNE 30, 2023

Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned. His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. What Is The Ring of Fire?

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 323

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. Let’s take P&G as an example. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. Supply chain excellence was largely defined as manufacturing excellence.

Procurement Analytics 339

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 339

Supply Chain Shaman

APRIL 9, 2021

The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. The continued focus on functional metrics like Purchase Price Variance (PPV), manufacturing costs, Overall Equipment Efficiency (OEE), and transportation costs throws the supply chain out of balance. Focus on IT standardization.

Supply Chain Planning Software 360

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 360

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. There is valuable time and effort put in by both the supplier and the purchasing party.

Procurement Solutions 252

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 252

Supply Chain Shaman

JANUARY 9, 2024

How Do You Define Excellence? In retrospect, I find that technology is an enabler, but only if we are clear on what defines supply chain excellence. Many believe that an ex-supply chain exec knows the definition of supply chain excellence. Supply Chains to Admire Winners 2023 Examine Your Own Paradigm. I admit it.

Supply Chain Planning Software 299

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 299

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. For example, a cost improvement in one function could raise the costs in another. They do not excel in planning or forecasting. What Drives Value?

Procurement Analytics 347

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 347

DELMIA Quintiq

DECEMBER 2, 2019

Grocery retailers that want to excel in this space — while protecting their bottom line — need to optimize their logistics planning. They can choose where and when they want their purchases delivered; retailers trying to outdo each other are providing shoppers with flexibility through more delivery options, faster speed and even lower prices.

Eliminating Excel in Purchasing 156

Eliminating Excel in Purchasing Supply Chain Planning Software Purchasing Skills How To 156

Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Online buying will fuel home delivery growth, challenges and new strategies.

Predictive Analytics Software 340

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 340

Supply Chain Shaman

SEPTEMBER 24, 2018

<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.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 233

Supply Chain Shaman

DECEMBER 27, 2022

In the process, there is a fine line between marketing hype and overpromising, making buying difficult. For example, I am working with a client that has deployed Ariba from SAP, GT Nexus from Infor, Everstream, and Project 44. For example, deeper analytics into poorly implemented planning systems makes terrible decisions faster.

Supply Chain Software 405

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 405

Supply Chain Shaman

MAY 13, 2024

Observations on What It Takes In the Mea Culpa post, I wrote that I used to believe that excellence in S&OP was a ratio of 60/30/10. (60% For example, in the research, I found maturity in Cadbury, DuPont, and Gilette processes. The demand latency (the time of purchase in the channel to the visibility of an order) was 2-12 weeks.

S&OP 349

S&OP Supply and Demand Inventory Reduction Expense Reduction 349

Supply Chain Shaman

DECEMBER 7, 2023

Let me give you an example. For example, change the business models so that Ariba must interoperate with GT Nexus, E2Open with Elemica, MPO (Kinaxis) with Nulogy, etc. Maximize the value of the purchase order flow data already in the existing networks. (A A purchase order changes many times and needs synchronization.

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 316

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. Let me give you an example. In Table 1, I share an example. The other issue?

Inventory Reduction 246

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 246

Supply Chain Shaman

DECEMBER 4, 2018

Solutions, for example, can take from 12 to 16 weeks to manufacture. The total cost of ownership analyzes the total costs of the buying decision. From a manufacturing perspective, products vary significantly in complexity. Some item take very little processing time while others have a quite an extended lead time.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

NOVEMBER 21, 2022

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. Self-driving supply chains are an example. The facts are clear.

Supply Chain Planning Software 299

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 299

Logistics Viewpoints

MARCH 9, 2023

The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable. Big data is used to understand a customer’s propensity to buy, the tendency to return, conversion of clicks to orders, demand sensing signals, individualized promotions, etc.

Supply Chain Planning Software 247

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 247

ivalua

JUNE 29, 2020

Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care. The Path to Supply Chain Excellence.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Unleashed

MAY 15, 2023

A CRM system that offers RFM (Recency, Frequency, and Monetary value) Analysis allows you to segment customers by their purchase habits. Analyse customer data “Without B2B CRM tools, sales teams waste time running multiple Excel reports to gather and build customer insights.” Consultant Manager, ProspectSoft.

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

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. Winners Over Time.

Procurement Analytics 370

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

Unleashed

MARCH 7, 2022

Here we give you the complete guide to PAR levels – including what they are, who can use them, their benefits, the PAR level formula, examples, and tools you can use to manage your inventory using this method. In a restaurant, for example, preventing food spoilage is an important way to cut costs and to boost profitability.

Inventory Management Software 98

Inventory Management Software Inventory Reduction Inventory Management Examples 98

Logistics Viewpoints

MAY 11, 2023

Specifically, through modeling and simulation of a digital twin you’re able to ‘virtually try before you buy’ — modelling different scenarios quickly and easily without interrupting operations, or committing significant time and capital. Do they purchase a 3D warehouse simulation and modeling tool?

Modeling 288

Modeling Analytics Software Supply Chain Design Software Optimization Software 288

Supply Chain Shaman

DECEMBER 11, 2018

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. Examples include Hadoop, Kafka, and Apache Spark. . 3) Outside-in Processes. It redefined the music industry: from selling CDs/records to online music.

Supply Chain Planning Software 202

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

Logility

JULY 22, 2024

As Raheel Hussain, Director of the Supply Chain Center of Excellence at Reynolds Consumer Products notes during a recent webinar , a level of synchronization is critical to systemically share information and cut down the constant offline back-and-forth (conversations) between different functions.

Continuous Improvement 205

Continuous Improvement Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 205

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$. For example, the higher the demand variability, the more the company needs greater capacity in manufacturing assets and inventory buffers. They did it.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 293

Kinaxis

DECEMBER 12, 2017

When making discretionary purchases, I could look at my projection to make sure that if I made that purchase, I would have enough money in the bank, not only now, but at the end of the month when my mortgage and car loan came out. Then could I buy it? For me, this was game changing! What if I save my money this month?

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Planning 193

Supply Chain Shaman

FEBRUARY 18, 2021

Initially, the output was published to procurement to design strategic buying strategies. Here are some examples: Manufacturing: Lowest manufacturing cost, Operational Equipment Effectiveness (OEE), and Asset Utilization. Procurement: Purchase price variance and procurement cost. The Emergence of Logistics as Constraint.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 285

Supply Chain Shaman

MAY 26, 2023

Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Examples are product attributes, units of measure, selling units, and regional channel characteristics. Demand latency (the time from purchase by the customer to order visibility by the manufacturer) is weeks and months.

Optimal Sourcing 343

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 343

Supply Chain Shaman

AUGUST 18, 2022

At the end of a long day of a strategy session on supply chain excellence with a client, I needed to fill up some time in an agenda. The strategy day owner was a global process center of excellence leader. An example is shown in Figure 2. To fill the gap, I needed to get creative to fill the time. The result? Background.

Supply and Demand 259

Supply and Demand Demand Planning Software Supply Chain Planning Software Optimal Sourcing 259

Kinaxis

SEPTEMBER 27, 2017

Tailor your supply chain to cater to diverse businesses: In his keynote, Mourad Tamoud, EVP of Global Supply Chain Operations of Schneider Electric talked about how they are segmenting their supply network based on their customer personas and purchasing behaviors. Collaborative. It is a simple truth, but easy to forget.

Gartner 117

Gartner Pharmaceutical Agile and Lean Supply Chain Supply Chain Execution 117

Enterra Insights

MARCH 17, 2022

“Reach out to other departments about ways to collaborate on sustainability initiatives, and talk to your executive team to gain buy in.” ”[9] For example, fast food chains could ban the sales of burgers hoping to reduce methane emissions from cattle. First, they suggest a intra-company conversation take place.

Supply Chain Design Software 147

Supply Chain Design Software Eliminating Excel in Purchasing Material Savings Waste Reduction 147

The Logistics of Logistics

OCTOBER 30, 2023

He is a board member of the Association for Manufacturing Excellence (AME) and a contributor to the Forbes Technology Council , Manufacturing Today, WardsAuto , Supply Chain Brain, Industry Today, Aerospace Manufacturing and Design, ASSEMBLY , and more. Richard previously founded and led Factory Logic, Inc. acquired by SAP).

Optimal Sourcing 246

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 246

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. The Terra Technology implementation is an example of demand sensing while the DDMRP implementation is an example of demand translation of the probability of demand into materials requirements. The Demand-Driven Journey Begins.

Demand Planning Software 255

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 255

Supply Chain Shaman

FEBRUARY 1, 2024

Let’s take a couple of examples: Retail Available to Promise (ATP). days to receive a purchase order confirmation. The average purchased order changes 3.5 As shown in FIgure 1, the fourth node is the COV of materials in planned orders/COV of purchase orders. How does this happen? The issue is data synchronization.

Supply Chain Planning Software 342

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 342

Supply Chain Shaman

OCTOBER 23, 2024

As companies consider purchasing new solutions based on better planning engines—machine learning, rules-based ontological frameworks, narrow AI, pattern recognition, large language models, and sentiment analysis— I ask for the use of caution. However, SAP supply chain planning is an excellent system of record. You need both.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 261

ToolsGroup

FEBRUARY 7, 2022

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. eCommerce Purchases and “The New Normal” Retail Categories. Take Burlington, for example.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177