Logistics Viewpoints

JULY 23, 2024

At the same time, feeding your AI models too much data can also be a problem. Like Goldilocks’ quest for the perfect bowl of porridge, to leverage AI in your supply chain you need to identify which data is ‘just right’ for your business. ERP, CRM, SCM), external sources (e.g., Data is the lifeblood of AI in the supply chain.

Optimal Sourcing 274

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 274

ToolsGroup

JUNE 2, 2023

Once upon a time, the world of manufacturing was a relatively stable place. And that’s where real-time perpetual inventory signals come in. Without updated data that can offer clear insights, manufacturers face increased costs and a decline in on-time, in-full (OTIF) delivery performance and overall efficiency.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Supply Chain Opz

JUNE 1, 2014

Related Metrics There are 3 other metrics dedicated to the measurement of social media influence as below, 1) Klout develops Klout Score, the number between 1-100 that represent influence (the ability to drive action). 3) "Average Retweets" or "the average number of retweets each user get per tweet" is used as a ranking metric.

Supply Chain 277

Supply Chain Metrics Michigan SCM 277

ivalua

NOVEMBER 29, 2022

For the first time in more than a decade, more CPOs are prioritizing savings. Tracking the Metrics that Matter. While Ardent expects Procurement to rise to and tackle these challenges, tracking the metrics that matter will help them stay focused for full recovery. Inflation Metrics.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

Logility

AUGUST 5, 2021

But before you start measuring everything in sight – and a few things not in sight – start with a set of thoughtful intentions and questions that will guide you to the right set of metrics and the right set of expectations. That’s not a bad answer. Effective IBP demands the discipline that KPIs can instill. For example: Verify your strategy.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Supply Chain Shaman

AUGUST 12, 2024

This morning, the New York Times pushed me an article by Peter S. I would like for us to move past the conventional view of sourcing strategies and globalization to drive improvements to the supply chain in a variable world. The populist narrative of sourcing globalization is only part of the story. Let me explain. Not so today.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

Logistics Viewpoints

NOVEMBER 20, 2024

Smart energy management systems further enhance efficiency by tracking and optimizing energy use in real-time. Ethical sourcing is a fundamental aspect of social sustainability. In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option.

Waste Reduction 244

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 244

Supply Chain Shaman

JULY 6, 2020

The changeover times for the CM Bartlelts was 5X more prolonged than the more agile IM machines. Equipment washouts represented 11% of the change over time and were a significant barrier to agility. I reached out to the corporate R&D team for help, but they did not have the time to work on the change. Sharing My Experience.

Agile and Lean Supply Chain 297

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 297

Logistics Viewpoints

OCTOBER 26, 2021

Just as the saguaro is both nursed by and supports life in its ecosystem, it behooves supply chains to invest in their ecosystems, both suppliers and employees. It may feel like stormy times for supply chain right now, but not all rain is bad. Invest in your ecosystem. cm) in its first ten years.

Supply Chain Design Software 257

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 257

Logistics Viewpoints

MARCH 4, 2021

Remember those times when we used to stroll down the block and find local stores such as the mom-and-pop diners and get the chance to relish the coziness and sense of family environment there. Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 278

Supply Chain Shaman

MARCH 27, 2023

As discussions full of oxymorons, acronyms, and juxtapositions fill the air, I think that it is time to step back, and rethink planning based on the opportunities that new forms of analytics and data give us. My goal is to engage the supply chain community in a no smoke and mirrors discussion. My goal is to drive change. Buyer beware.

Supply Chain Planning Software 315

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 315

Logistics Viewpoints

APRIL 26, 2021

For example, a vaccine manufacturer increased their order size by a factor of four in one weekend; a video call company wanted to receive ten times as much product as they initially forecast with just a month’s lead-time. Demand uncertainty does make it much more difficult for a supply chain to respond to customers’ orders.

Supply Chain Design Software 225

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Czech Republic 225

Supply Chain Shaman

NOVEMBER 9, 2014

I find that many times companies have the wrong name, or a misnomer, for what they are trying to achieve. It was my first time working with this group. As I sat in the back of the room, shifting in my chair, waiting for my time to speak, I watched speaker after speaker endorse the concept of one team. I am passionate about it.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Supply Chain Shaman

APRIL 14, 2013

In this time, I have worked with over 500 companies. I am afraid for many it has been just talk. To understand supply chain excellence, Abby and I have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity.

Gartner 268

Gartner S&OP Pharmaceutical Supply Chain Planning Software 268

Logistics Viewpoints

FEBRUARY 15, 2023

The survey is structured to determine the relative importance of competing objectives, how the importance has changed over time and why; the degree to which certain external factors (resource shortages, cost inflation, etc.) However, supply chain resilience is more than just a concept to practitioners.

Supply Chain Planning 231

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 231

Supply Chain Shaman

MARCH 21, 2022

As I spent the time reflecting over the last three weeks, the number of articles streaming into my feed on supply chain implications was high, but most of them were wrong. ” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia.

Modeling 284

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

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Kinaxis

FEBRUARY 3, 2020

That’s not enough time for the slow, sequential planning processes that many organizations use today. Sequential planning may take days or even weeks just to determine the financial impact of a lockdown, not to mention possible manufacturing alternatives. But some events are more disruptive than others. A cure for inefficient planning.

Supply Chain Planning Software 273

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Scenario Planning 273

Supply Chain Shaman

NOVEMBER 15, 2021

Time For Action. Today, we are nearing the end of the fourth quarter of corporate reporting. Self-reported projections of the ocean carriers forecast that the industry is posting over $200B in profits. Let me repeat this, “$200 Billion in profits.” Yes, a single year offsets twenty years of poor margins for a struggling industry.

Supply Chain Design Software 285

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 285

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments.

Optimal Sourcing 223

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 223

The Logistics & Supply Chain Management Society

MAY 28, 2022

From driver shortages to the e-commerce boom and pandemic-related lockdowns fueling unprecedented congestion, getting goods to retailers and consumers in a timely manner has never been more challenging. This is a global issue, of course, but if we just take the U.S. the coming year may look a little different regarding sustainability.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

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. Here we have compiled a list of the top six challenges that CPG companies face in the post-pandemic market.

Supply Chain Planning Software 233

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 233

Supply Chain Shaman

JANUARY 31, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Source E2open Shipping Index). in the second year of the pandemic.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

The Logistics & Supply Chain Management Society

JULY 23, 2020

They built risk assessment in their DNA to make their value chain as resilient as possible at the same time keeping an ability to adapt and change to market dynamics and customer demand volatility. What are the learnings from Covid disaster that leaders will incorporate into future supply chains? Case Study Agility: ZARA.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 309

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 309

Talking Logistics

MARCH 19, 2019

But imagine if you had the ability to catch such errors in real-time! Proactive analytics focus on data in as close to real-time as possible, allowing shippers to catch problems before they can cause serious damage to their bottom line. Four keys to effectively using real-time data. Enter proactive analytics.

Analytics Software 186

Analytics Software Analytics Shipping Metrics 186

ToolsGroup

APRIL 27, 2022

‘Blorft’ is an adjective I just made up that means ‘Completely overwhelmed but proceeding as if everything is fine and reacting to the stress with the torpor of a possum.’ Image source: APA. For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Kinaxis

JULY 31, 2017

Just because supply chains are getting more complex, doesn’t mean the job of managing them has to as well. Isn’t it time you simplified your day-to-day responsibilities, made room for a little more ‘me’ time and moved away from bracing for chaos every single day at work? You might actually make it home on time for dinner!

Supply Chain Planning Software 210

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Scenario Planning 210

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the Supply Chains to Admire Award. Meet Ernest.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.

Supply Chain Design Software 266

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 266

The Logistics & Supply Chain Management Society

MAY 28, 2022

Port congestion, capacity constraints, large increases in rates across all modes, labour shortages and long delays in shipments—these are just some of the operating realities supply chain and logistics professionals face today. Will the environment improve in 2022 or get worse? Resilience through technical capability and consistency.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

The Logistics & Supply Chain Management Society

MAY 18, 2021

In their time lean manufacturing and just-in-time were game-changing concepts. Sudden demand spikes, precipitous demand drops, supply disruptions, production line shutdowns and other events can only be managed by early prediction and real-time responsiveness. In 2021 it is an entirely new game.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Kinaxis

APRIL 4, 2019

Although getting a new drug to market has its unique challenges compared to the source, make and deliver part of the life sciences supply chain equation, there is one thing those of us in supply chain have in common with our R&D counterparts, we all need clean data. Is there a more challenging industry than life sciences? One in twenty.

Pharmaceutical 249

Pharmaceutical Supply Chain Planning Software Supply Chain Software Supply Chain Planning 249

Supply Chain Shaman

JANUARY 2, 2023

A forecast is a time-phased view, or projection, of future demand. They vary in time-frequency, planning horizon, granularity, and unit of measure. An easy way to think about time horizons is to align the thinking with supplying lead times. Definition. Merriam-Webster. In this blog, I try to answer both questions.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

Logility

APRIL 29, 2021

True corporate responsibility involves more than just your products and internal operations; it’s incumbent upon you to ensure compliance across the supply chain. Vendor scorecards based on performance metrics help ensure better sourcing decisions when used to assess and compare vendors and assist with onboarding.

Optimal Sourcing 202

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 202

Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Source E2open Shipping Index). in the second year of the pandemic.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

ivalua

JUNE 29, 2020

While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Unfortunately, it just got worse. Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. The healthcare provider world is facing tremendous strain as a result of the pandemic.

Supply Chain Planning Software 219

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