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A large multinational is undergoing an impressive supplychaintransformation that will run through 2023. A Complex SupplyChain. Customization is provided for 5 different supplychains (for example, make-to-order, make-to-stock, etc.) A Transformation Journey.
So why are so many still falling short of OTIF targets (and other key metrics)? The post How Can CIOs Accelerate SupplyChainTransformation? We are well into the era of real-time transportation visibility, where shippers and their partners can track freight in real-time across every mode of transport.
While consultants wave their hands and tout new approaches, the most important step that a business leader can take today to improve future performance is the development of a shared vision for the organization on supplychain excellence. Digital supplychaintransformation is over-hyped with a lack of clarity on value.
Book Review - SupplyChainTransformation: Building and Executing an Integrated SupplyChain Strategy. How should a company formulates sound supplychain strategy ? The good news is, the new generation of strategy formulation technique dedicated to supplychain management is now available!
Their vision to move from a low-value, reactionary supplychain organization to one focused on high-value activities achieved significant results. Avaya’s supplychaintransformation is covered in a lot more detail in the Aberdeen case study I mentioned earlier.
Metrics used to evaluate these new books are as below, 1) Citation count from Google Scholar 2) Number of reviews found on Amazon.com 3) Editorial Opinion Citation count is a standard way to evaluate any publication. So, customer''s review on Amazon.com (3 stars or more) is also used as a metric.
I see a lot of parallels in the training that I did for the triathlon, and the work that I am doing on financial ratios with Abby Mayer on my team at SupplyChain Insights. Abby and I are writing an e-book on SupplyChainMetrics that Matter. Companies that are not looking holistically at metrics are stuck.
“In the beginning, it was tough,” admits Benji Green, Avaya’s Senior Director, Integrated SupplyChain Planning & Operations, in a recent article published by SupplyChain Digital. “12-hour Tracking success: Metrics matter. Now Avaya is leading the way, exceeding industry benchmarks in 11 key metrics.
This includes digital supplychaintransformation and Enterprise Resource Planning (ERP) upgrades. Educate on the importance of designing flows and aligning metrics. In the process, take these steps: Measure demand and supply variability and use it in the design of flow. I hope this helps.
It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. The supplychain is a complex, non-linear system. The belief of “best practices” as defined by historic supplychain processes is not supported by the balance sheet analysis.
Given our definition and focus on improving customer experience, when we are working with shippers on digital transformation, we are typically pairing the following technologies with cloud based platforms: Predictive analytics and machine learning. Case Study: Microsoft’s Digital Transformation. Advanced analytics. API connectivity.
Supplychain leaders manage a complex system of non-linear, but very inter-connected metrics. Leaders need to balance a portfolio of metrics. Each supplychain has its own potential based on business drivers. At the end of the day, real results define supplychain leadership. It is a HOAX.
An Opportunity Bigger Than Cost Savings Given the high stakes of today’s supplychain operations, transitioning to the cloud is not just a short-term technology fad – it’s a strategic imperative that goes far beyond cost efficiency.
The more that I work on supplychainmetrics, the more that I believe that both the SCOR model and the Gartner Hierarchy of SupplyChainMetrics (which I worked on for the period of 2006-2010) reward functional, not end-to-end supplychain behavior. Lora Cecere is the SupplyChain Shaman.
This article will discuss the opportunity generated from the explosion of supplychain planning data and the necessity for digital supplychaintransformation. Exponential Growth in SupplyChain Data. Digital SupplyChainTransformation. System Foundation Building Blocks.
In contrast, the digital supplychaintransformation solves problems and defines opportunities based on the confluence of technologies shown in Figure 1. An orbit chart is a plotting of data at the intersection of two metrics. In this case, the metrics are operating margin and inventory turns. Why is this an issue?
It All Begins With Demand According to Finley, it was only logical to begin the digital transformation at onsemi by focusing on gaining a more accurate view of demand — then cascading that perspective back through the supplychain.
To better understand supplychain excellence, each participant will get a report card outlining how his company performed against peer group metrics of growth, cost, cycles and complexity on the SupplyChain Effective Frontier over the past decade. Relearn.
Given our definition and focus on improving customer experience, when we are working with shippers on digital transformation, we are typically pairing the following technologies with cloud based platforms: Predictive analytics and machine learning. Case Study: Microsoft’s Digital Transformation. Advanced analytics. API connectivity.
Given our definition and focus on improving customer experience, when we are working with shippers on digital transformation, we are typically pairing the following technologies with cloud based platforms: Predictive analytics and machine learning. Case Study: Microsoft’s Digital Transformation. Advanced analytics. API connectivity.
With so much being written and discussed about supplychaintransformation, it’s good to remind ourselves what supplychain management is fundamentally about. Lora Cecere ( @lcecere ), Founder and CEO of SupplyChain Insights, bluntly states, “The best supplychains are fit for function.”[1]
Too few companies understand that the supplychain as a complex system with finite and non-linear relationships between the metrics. Our goal is to help supplychain visionaries, around the world, break the mold and drive higher levels of financial improvement. Companies also struggle to get to data.
In this SupplyChain Matters editorial commentary this Editor dwells on data relative to U.S. corporations having actually accelerated stock buyback efforts contrasted to ongoing investment needs for supplychaintransformation focused on added agility, more improved resilience and augmented technology support.
Accurate, high quality data is necessary for decision-making, forecasting and tracking trends and metrics. Stopping short of mobilizing core supplychain processes, such as mobile data collection, can lead to hidden barriers and inefficiencies at the line level. Connecting and Informing Your Business.
Immediately following the keynote speaker, Trevor Miles, Vice President of Thought Leadership at Kinaxis, along with other technology vendors, will take part in the following panel topic: Technology advancements have been at the heart of supplychaintransformations during the past decade.
Here are my top reasons why: You can make a huge impact on other executives considering similar transformations. You deserve to be recognized for driving supplychaintransformation excellence. Winners will be brought together to network with other supplychaintransformation leaders.
Accurate, high quality data is necessary for decision-making, forecasting and tracking trends and metrics. Stopping short of mobilizing core supplychain processes, such as mobile data collection, can lead to hidden barriers and inefficiencies at the line level. Connecting and Informing Your Business.
Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. There needs to be a common definition of supplychain excellence. The frequency of the plan needs to be common across the organization.
One focus to create content for supplychain visionaries. Nine out of ten companies are stuck: unable to make progress on a portfolio of supplychainmetrics. Public Training on the Digital SupplyChain. And we’re celebrating our third birthday by giving all of you a present. We want to help.
With these capabilities, businesses can focus on critical metrics and KPIs like demand forecast accuracy , inventory turnover, on-time delivery, order accuracy, total sales, gross margins, and working capital projections.
Join the digital showcase on the first day to get hands-on experience and gain exposure to case studies by supplychain leaders that are driving outside-in transformations. SupplyChainTransformation: Join the morning of September 10 th to gain insights on supplychaintransformation case studies.
We are three years into our supplychaintransformation journey focused solely on our customers. Customer centricity needs to be a weapon in every supplychain executive’s utility belt. Turning customer focus from an idea to something practical is often achieved with metrics. Our customers are winning.”.
Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. There needs to be a common definition of supplychain excellence. The frequency of the plan needs to be common across the organization.
I read a lot of articles about the need for supplychaintransformation. Dan Gilmore, editor-in-chief of SupplyChain Digest , asserts supplychaintransformation is only beginning to catch the attention of many CEOs. Supplychain processes driven by real-time consumer demand, not forecasts.
Hosting this webinar series is one of the favorite parts of my job as the Founder of SupplyChain Insights. All segments of the healthcare value chain lag in their understanding of supplychain leadership. In the past three decades of supplychaintransformation, the greatest shifts happened through leaders.
At SupplyChain Insights , this is our passion. We are systemically evaluating each industry in the SupplyChain Insights Metrics That Matter series of reports. SupplyChainTransformation. About the Author: Lora Cecere is the Founder of SupplyChain Insights.
For many years, I worked at AMR Research and helped Debra Hofman in her work on supplychain benchmarking. Debra built the Gartner Hierarchy of supplychainmetrics. In this work, Debra would take a month of forecasting, inventory and other supplychain data and evaluate trends.
Below are characteristics I have seen as a road warrior that demonstrate strong company culture in supplychain organizations: Concise communication of supplychainmetrics displaying past, present and projected performance. Embrace change, understanding that change is the only constant in supplychain.
Crucial SupplyChain Needs Terence: What are the crucial supplychain needs faced by industrial manufacturers? Sunil: It’s important to start with metrics. What are the key metrics that are driving the industrial manufacturers supplychain? And how should they be solving for them?
When I first met Nick, he was driving a supplychaintransformation at VTech Communications. I followed his journey during the period of 2006-2011, and wanted to check in with him to gain his insights on the selection of VTech as a finalist in the SupplyChains to Admire research. Let me give you a simple example.
Supplychain capabilities disappoint. In our research for the book SupplyChainMetrics That Matter , we find that this is the case for 90% of companies. Over the last decade the average company has dramatically improved employee productivity, and driven reductions in cash-to-cash metrics. You are not alone.
Mars has been on a journey to transform their digital supplychain. In 2019, Will Beery was appointed the vice president and tasked with leading the company’s global digital supplychaintransformation. 95% is very high performance on this metric; It implies significant transportation cost savings.
Online retailers who have embraced digital supplychaintransformation did so to combat common logistics challenges that came to a head during the pandemic. This article offers a roadmap in how to move forward with supplychain digital transformation, and how partnering with a 3PL like ShipBob can help. .
Our goal is to help supplychain visionaries, around the world, break the mold and drive higher levels of financial improvement. The conference will feature case studies on supplychaintransformation and driving digital transformation. About the Author: Lora Cecere is the Founder of SupplyChain Insights.
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