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My last post on the SupplyChain Shaman blog was forty-five days ago. Then it was the redefinition of the supplychain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. As we moved into our new roles, for all supplychains, demand shifted. Time to Know.
Historically, there has been a disconnect between SupplyChain Planning and SupplyChainExecution processes and applications. As a result, companies tend to plan, optimize, and execute their inventory, labor, transportation, and warehousing operations separately (that is, in a siloed manner).
Understanding more about the needs and wants of customers can help supplychain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supplychain have focused on a subject: demand sensing.
One conference I recently attended is the Gartner SupplyChainExecutive conference in Phoenix, Arizona. Here are some of the examples he shared to highlight how the traditional linear supplychains are being disrupted: Connected home sharing consumption signals (e.g. smart refrigerators and Amazon dash buttons).
In the aftermath of the pandemic, supplychain inadequacies have been revealed in a new and stark light. Most found themselves ill-prepared for the magnitude of disruption in supply and demand, followed soon after by political unrest, labor and material shortages, and sharp inflation.
Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. acquired by SAP).
During our conversation, Eddie and I spoke about the changing nature of global supplychains in the face of the ongoing Covid pandemic as well as the continuing surge of e-commerce. First, what is the current state of supplychain technology? And fifth, what are you seeing in terms of supplychain sustainability?
I’ve completed research on supplychain planning (SCP) boutiques. We are teaming up to bring you the coolest supplychain boutiques, listed alphabetically, that we identified through those studies. enVista provides across-the-board supplychain and logistics consulting. What is a boutique?
Optimas will share how it’s partnering with ToolsGroup to manage supplychain complexity. John Berry, COO and SVP of Strategic Initiatives at Optimas, and Kyle Burby, Director, SupplyChain – North America at Optimas will present “Transformation of a SupplyChain through People, Process and Technology”.
The Covid-19 pandemic has confirmed what we already knew: modern supplychains must be built on a foundation of extreme agility and responsiveness. The sudden onset of Covid-19 only reinforced what supplychain professionals had already realized: uncertainty is the only real certainty. Detection and Response Challenge.
Many large enterprises use one form or another of a supplychain application to help manage their supplychains. Supplychain vendors have been touting their investments in artificial intelligence (AI) for the last several years. AI can refer to several different types of math. But that was pre-COVID.
Combining these impressive capabilities with ToolsGroup’s AI-driven, award-winning supplychain solutions, companies can now enjoy a truly end-to-end planning and execution process. “As SO99+ provides end-to-end visibility through a digital supplychain twin that models goods and inventory movement.
Supplychain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supplychains to collaborative supply networks and actively design their supplychains.
Based on this, a multiple-month financial, supplychain, and capital expenditure plan is produced. A supplychain planning application is the core technology that enables robust planning. Historically, the supplychain plan that resulted from the IBP process was too static. More than 5.6
Today, we published The SupplyChains to Admire for 2023. SupplyChains to Admire Winners 2023 Examine Your Own Paradigm. Most supplychain leaders are stuck in their own paradigms. As an old gal, with over forty-years of supplychain experience, writing this report for ten years taught me many lessons.
Let’s just come right out and say it – without the ability to capture, aggregate, and understand your supplychain data, you have gray area within your organization. How can you make it all work together and build a better supplychain business, fast? If You Can’t Access the Truth, How Can You Determine the Truth?
While the supplychain pressures that have built up over the last two years continue to abate as transportation capacity problems ease and consumption shifts from goods to services, newer challenges and opportunities lie ahead. As we turn the page on 2022 , I’d like to make five supplychain predictions about what to expect for 2023.
Risk permeates supplychains. The best-laid plans to avoid as many risks as possible often fall on deaf ears in supplychain management, but supplychainexecutives who take the time to understand the greatest threats can successfully position their companies to overcome such risks.
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.
Many companies were in the midst of digitally transforming their supplychain when the Convid-19 pandemic hits. In this part 2 article, let us continue to explore the concrete actions we can take in our Digital SupplyChain journeys. The Key to Long-Term Success: Build Agility, Resilience and Profitability Together.
Getting started with AI in supplychain might not start where you think. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supplychain and your data. Since this advice on getting started with AI in supplychain may seem counterintuitive, let me explain.
On September 9–11, 2014, 110 supplychain visionaries will gather in the desert at the Phoenician Hotel in Scottsdale, Arizona to think differently and define the future of supplychain. Today, 90% of publicly-traded companies are stuck at the intersection of operating margin and inventory turns. It is needed.
Prior to 2020, every supplychain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supplychain professionals had already realized: uncertainty is the only real certainty. The Road to Agility and Resilience.
by Alexa Cheater Faster, smarter, more profitable supplychain decisions. While there have been numerous examples of how AI can boost profits in supplychainexecution—most notably in the form of autonomous vehicles and smart robotics—the benefits related to supplychain planning have largely been ignored.
The Role of Digitisation and Analytics in SupplyChain Resilience. by Dr Shereen Nassar – Global Director of Logistics Studies and SupplyChain Management Programmes Heriot-Watt University Dubai. Digital SupplyChain to Drive Resilience. Analytics for Diversifying the Supply Base.
At the ARC Industry Leadership Forum in February, I had the opportunity to sit down with John Delligatti, Director of Digital SupplyChain Transformation at SDI , to discuss the pandemic, Maintenance, Repair and Operations (MRO), and the future of supplychain management. You can watch the full interview below.
As an engineer, former solutions architect and now CEO of a leading supplychain technology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. What’s more, today’s supplychains operate at lean levels.
Source: Gartner SupplyChainExecutive Conference. Procter & Gamble (P&G) is known for best-in-class supplychain planning. Equally it poses huge supplychain planning challenges. P&G’s existing planning system, designed for its main supplychain, couldn’t support GDM’s complexity.
Today, I am proud to launch the SupplyChain Index. It is my hope that the readers of this blog will take time to either join us today to listen to the launch of the SupplyChain Index on our webinar or listen to the replay. (We The SupplyChain Index has been two years in the making.
Gartner SupplyChain Symposium/Xpo EU 2023 has wrapped up its 3-day event in Barcelona, Spain. Featuring over 35 Gartner experts and more than 100 research-driven sessions, this year’s conference gathered over 2,000 supplychain professionals from across Europe and beyond. Looking for a snapshot of the key highlights?
According to O*NET OnLine, a supplychain manager earns $103,530 per year in average. This article will show you the best career advice from top supplychain recruiters. If you’re an inventory planner, how many SKUs did you manage? Beyond that, make it quantifiable wherever possible.
Optimas will share how it’s partnering with ToolsGroup to manage supplychain complexity. John Berry, COO and SVP of Strategic Initiatives at Optimas, and Kyle Burby, Director, SupplyChain – North America at Optimas will present “Transformation of a SupplyChain through People, Process and Technology”.
Something struck me after spending a few days in Phoenix at Gartner’s SupplyChainExecutive Conference. SupplyChain Network Optimization is key to running an efficient and profitable operation today. SupplyChain teams shouldn’t be overly focused on technology. Sound familiar?
Back home today after a fantastic trip to Spain including the Gartner EMEA SupplyChainExecutive Conference. It feels like a tipping point is near, and it’s an exciting time to be in supplychain. According to Gartner over 50% of CSCOs say no roadmap is the biggest roadblock supplychain digitalization.
Back home today after a fantastic trip to Spain including the Gartner EMEA SupplyChainExecutive Conference. It feels like a tipping point is near, and it’s an exciting time to be in supplychain. According to Gartner over 50% of CSCOs say no roadmap is the biggest roadblock supplychain digitalization.
Ever since COVID hit, supplychainexecutives have embraced supplychain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. SupplyChain Chaos is the New Norm. Chasing N-Tier Visibility.
Yesterday, I finished a post on supplychain planning maturity. A client had asked me, “How do I know if we have a mature supplychain planning organization?” Excellence in supplychain planning is a cultural shift. The average supplychain leader has five distinct supplychains.
Is The SupplyChain Out of Rhythm? On a supplychain blog? As I struggle to build musicality, I think about the rhythms and cycles of the supplychain. In all cases, with my clients, I find the internal supplychain is out of step—lacking musicality with either the channel or the supplier base.
Boomers, millennial leadership and supplychain management jokes. It’s no secret supplychain talent has been top of mind for many executives for some time. Research firm Gartner even has it listed as a hot topic for its SupplyChainExecutive Conference in Phoenix, May 14–17. by Bill DuBois.
Next week is the annual SupplyChain Insights Global Summit , and summit preparation is on my agenda for the weekend. We feel so strongly about this that we do not have an inventory planning role.” His feeling was that inventory is an asset to manage. Inventory is both. A heated debate ensued. My Insights.
This blog is based on an article that recently ran in the Journal of SupplyChain Management, Logistics & Procurement, “ Supplychain agility: An imperative in an unpredictable world.”. while a full 70% of respondents described their supplychains as “very complex” or “extremely complex.” [2]
health systems are leveraging Tecsys software to centralize and optimize pharmacy operations with supply… The post Tecsys Bolsters Its Industry Leading End-to-End Elite™ Healthcare SupplyChainExecution Platform with Consolidated Pharmacy Inventory Management appeared first on Tecsys.
by Dr. Madhav Durbha It is a great time to be a supplychain planning professional. Advances in processing power, networking, and storage aided by the enduring power of Moore’s law have opened doors for some exciting new developments in supplychain planning. Embrace the art of supplychain planning.
Today we are releasing the results from the 2021 State of SupplyChainExecution Report , which provides the latest market insights around: Will e-commerce growth brought on by the COVID-19 pandemic continue? What are the biggest supplychainexecution/logistics challenges facing shippers and LSPs?
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