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Self-congratulations notes abounded this week as vendor-after-vendor shared their rankings on the Gartner Magic Quadrant for SupplyChain Planning. I believe that the Gartner Magic Quadrant is a barrier to progress in supplychain planning, and that vendors that rally in support have a false sense of superiority.
” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supplychains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. According to my research, top-performing supplychains possess three very different qualities. The gap was large.
Disruptions in the supplychain happen with surprising regularity. Financial crises, global tensions, supply shortages, technological innovations, and regulatory changes are inevitable we just cant predict when theyll strike. And weve got tons of helpful resources and customer stories for you to explore.
Supplychain and logistics teams today face a pivotal moment in their evolution. The traditional metrics of excellence cost efficiency, on-time delivery while still important, are no longer sufficient in an era defined by volatility, complexity and political changes. The first is living demand intelligence.
User adoption is a challenge that often arises during the rollout of supplychain analytics solutions. A lot of IT departments traditionally charged with rolling out supplychain analytics tools run into the same challenges, such as: How do we train users on this new application? Cross-Departmental Dashboards.
Breaking Boundaries: Exploring Generative AI’s Impact on SupplyChainsSupplychains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. It can then generate new content using prompts that resemble the original training data.
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. By fostering these relationships, businesses can ensure stable supplychains, consistent quality, and even access to supplier innovations. Click here!
This blog is a guest post from Paul Patin, Chief Technology Officer at Logistiview. He explains his personal journey from supplychain AI/ML skeptic to optimistic believer and how these technologies will radically transform supplychain planning and warehouse automation in the future. I love gadgets.
Mobile inventory management is a digital solution that combines a mobile inventory app with cloud-based software to track, manage, and optimize inventory in real-time. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members. Let’s get started! What Is Mobile Inventory Management?
Last month I participated in Oracle’s Perfect Delivery Virtual Summit , along with Matt Leonard from SupplyChain Dive, Marcelo de Matheus from Tramontina, and Mohamed Absar from DP World. What is the Perfect Delivery Metric? As supplychain complexity increases, perfect deliveries become more difficult.
by John Westerveld When scrolling through my news feed Friday, I found this article from SCN : “ Collaboration Key in Creating Competitive Advantages Through SupplyChains “ The article describes research recently published by the University of Tennessee, Knoxville’s Global SupplyChain Institute.
Understanding how your Procurement and SupplyChain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software? Check out SCMDOJO’s SupplyChain KPIs Dashboard!
Labor is an important input with 50-60% of employees of the company reporting through supplychain organizations. Supplychain processes are relatively new. There is a belief that investments in technology, processes and talent improves balance sheet results and organizational agility. Is talent a cost or an asset?
True corporate responsibility involves more than just your products and internal operations; it’s incumbent upon you to ensure compliance across the supplychain. This means having a resilient supplychain strategy that includes visibility, transparency, clear communication, and collaboration. The Costs of Non-Compliance.
The numbers speak for themselves: 49 episodes produced in 2018, totaling more than 1,200 minutes of conversations with thought leaders and newsmakers in the supplychain and logistics industry. president at technology company. I am a recent graduate of a supplychain logistics bachelor’s program. I like that.
In its 2021 survey, Deloitte once again affirmed the fact that more digitally mature businesses outperform industry averages on a variety of financial metrics. Automating Material Transfer. The Digital Manufacturing Diagnostic tool provides insights into the digital areas of focus that can have the greatest impact.
the biggest challenge supplychain and logistics professionals face today is not change, which is something they have always faced, but keeping up with the rapid pace of change across a variety of dimensions — technology, regulations, economic and political landscapes, demographics, and so on. What benefits are they achieving?
Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supplychain dynamics, identifying potential risks, and optimizing sourcing strategies. Help Forecast Upstream Supply Constraints Early Warning Signs: S&OP can identify potential demand increases.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
All of this is needed just to keep up in the supplychain talent war. But one other key factor I’ve heard in talking with customers is providing the right tools for the job. Give a quality tool to the right worker and they’ll create a masterpiece. Balancing operating costs, and customer service metrics is no easy feat.
In the process of compiling the SupplyChains to Admire report for last year’s SupplyChain Insights Global Summit , the research team at SupplyChain Insights calculated the rate of supplychain improvement of companies by industry for the period of 2006-2013 and 2009-2013.
In today’s digitalized world, more and more companies are moving away from paper and spreadsheet-based processes in favor of more accurate, simple, and efficient automation. However, with numerous e-procurement software vendors available, choosing the right tool can be overwhelming. Let’s break them down.
Prioritizing technology solutions in today’s digital environment is a necessity. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. Gone are the days of paper inventory tracking and manual data entry. Scalable growth is impossible.
What is the #1 technology topic Descartes CEO Ed Ryan gets asked about? Drones and its future in supplychain and logistics processes. Over the past decade, Descartes has acquired 35 companies and has evolved into a technology platform company, with its Global Logistics Network as the foundation.
As a supplychain leader you want your team to make progress and outpace the pack. One of the toughest challenges for the supplychain leader is building and retaining talent. Managing a global supplychain team today is not easy. At SupplyChain Insights research is our business.
The legacy solutions from ten years ago are more expensive and both the traditional software licence model and the consulting model are incented to sell the MOST EXPENSIVE, not the BEST, systems. IT spending is tight, market growth is slowing, and most technology vendors are deploying very sales-driven, opportunistic strategies.
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.
Supplychain leaders are competitive. They want to drive supplychain excellence; but today, the definition is not clear. At the time, I was a new analyst at AMR Research and the concept of scoring supplychains was new. Synonyms include deception, fraud, scam. To move forward, goal clarity is essential.
BOSTON (May 5, 2020) ToolsGroup, a global leader in supplychain planning software, today announced a new online COVID-19 SupplyChain Action Center and resources to help companies quickly respond to Coronavirus risks and speed supplychain recovery. Companies Share COVID-19 Response.
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.
Automating Business Processes: Streamlining Efficiency and Profitability In today’s fast-paced business world, efficiency and innovation are key to staying ahead of the competition. One way businesses can achieve this is through automating their processes. Business process automation (BPA) is not a one-size-fits-all solution.
I was moving from a position where I led a manufacturing operation to being a part of a team to design supplychainsoftware to improve planning decisions. I was moving from the world of manufacturing to a new world of software. When I went through the training to learn the new software, I struggled.
IBP is a series of coordinated processes and supporting technologies to translate desired business outcomes into financial and operational resource requirements. Early challenges to IBP included a lack of an accepted academic definition, the absence of a governing body and a bias toward supplychain applications.
Peggy was a speaker at the SupplyChain Global Summit. AGCO’s culture of innovation policy deployment enabled employees to pioneer a technology solution for manufacturing. As shown in Table A, the Company ranked 3 out of 12 companies in their peer group on driving supplychain improvement as measured by the SupplyChain Index.
by Dr. Madhav Durbha Supplychain insights from leading industry experts. Supplychain skills in high demand, digital twins, disruptive technologies, and other takeaways from the 2018 Gartner supplychain conference. Here are some key takeaways from the Gartner supplychain event: 1.
by Andrew Dunbar Google “Top 10 supplychain challenges” and you’ll find 44 million different opinions on the biggest issues our industry faces today. These are all interesting and catchy concepts but they don’t necessarily address the fundamental challenges faced by your supplychain organization.
Discover Ways to Boost SupplyChain Visibility through Digital Marketing Supplychain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supplychain visibility.
Modern technologies can give manufacturers real-time insight into the ways products are moving in retail and online environments. In other words, manufacturers need analytics from point-of-sale systems, transportation metrics and more. Well, that concept holds true in the supplychain and for manufacturers alike.
Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. Learn more: Inventory Accounting – A Free Video Guide for Accountants & Advisors What is Days Sales of Inventory (DSI)?
If you’re a supplychain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. Fortunately, there are numerous courses available to help you develop your expertise in supplychain management, regardless of your level of experience.
Many transportation and logistics software companies were launched in the late 1990s and early 2000s, during the height of the dotcom era, but very few of them survive today — they either went bankrupt or were acquired by others. The results are similar to how shippers and logistics service providers view their relationships.
by Melissa Clow Recently, Madhav Durbha, Vice President of Industry Strategy at Kinaxis was interviewed by SupplyChainBrain on supplychain planning in the digital age. I wanted to share their fascinating conversation with our readers – check out the video interview and transcript below: Supplychain planning in the digital age.
The digital supplychain forecasting process is critical for any organization’s success. However, to achieve an accurate and effective digital supplychain forecasting process, it is essential to collaborate with both sales teams and suppliers. Collaboration is key to successful digital supplychain forecasting.
As I wrote last October, all signs point to Mexico playing a greater role in supplychains , as companies across a variety of industries grow their presence in the country, either manufacturing in Mexico or growing their supplier base there.
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