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A large multinational is undergoing an impressive supplychaintransformation that will run through 2023. A Complex SupplyChain. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supplychain. A Transformation Journey.
The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Over the past three years, supplychain cycles shifted.
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.
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!
But they managed to not just change, but actually transform their supplychain organization in just four years. A lot of supplychain organizations find themselves in this type of situation. Avaya chose to use Kinaxis RapidResponse as the technology enabler for their transformation.
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.
The cloud has emerged as the cornerstone of modern business and supplychain innovation. Yet, many manufacturers still rely on outdated, self-managed ERPs – and the consequences are nothing short of severe for every supplychain they touch. Take, for example, the retail industry.
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. We call this the SupplyChain Index. A Clear Plan.
Are you a supplychain management professional who are looking for inspiring ideas to improve the operations of your supplychain? Background Early this year, I published one article named " 10 Greatest SupplyChain Management Books of All Time ".
by Alexa Cheater Avaya: A supplychain management case study. Trust in the transformation. That’s what high-tech giant Avaya had to do when the company decided to radically change up how it manages its supplychain. Tracking success: Metrics matter. appeared first on The 21st Century SupplyChain.
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]
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. Mars’s Digital Transformation Mr. Beery started by asking, “what does a digital supplychain mean for us?”
Here’s the supplychain conferences we love and will be attending. Gartner SupplyChain Executive Conference. Kinaxis is pleased to be a Premier Sponsor and participate in panel discussion of the 2014 EMEA Gartner SupplyChain Executive Conference. SupplyChain Insights Global Summit.
In my work with SupplyChain Insights , I immerse myself in learning. I continually question my long-held beliefs on supplychain excellence. . When readers finish a SupplyChain Shaman blog, I want to drive a set of unique takeaways. Figure 1: SupplyChain Planning Benchmarking Methodology Overview.
This includes digital supplychaintransformation and Enterprise Resource Planning (ERP) upgrades. We find that companies with an analytics center of excellence drove progress faster than those with a supplychain center of excellence. The operating strategy defines the flows of the supplychain.
Financial balance sheet improvements cannot be driven by traditional supplychain processes. In the words of a supplychain leader yesterday, “Lora, please give me stories of success. When I first met Nick, he was driving a supplychaintransformation at VTech Communications.
At their request I wrote on the digital supplychain. Digital supplychain is such a buzzword. The digital supplychain is about SO much more than gadgets.” Yet, within the supplychain, everyone waits for data and insights. Supplychains do not move in the cadence of the market.
At a recent conference, I was asked how to deal with corporate power dynamics when supplychain is not an equal-partner organisation. This made me think: “What superpowers would supplychain executives love to have?”. Supplychain can be a business’s biggest problem solver. THE POWER OF PAIN RELIEF.
For the last decade supplychain leaders and CIO’s have been evaluating when and how to move their supplychain applications to the cloud. Increased visibility – a cloud platform provides real-time visibility into critical supplychain data, such as inventory levels, which can help you make informed decisions.
Or agreement on the definition of supplychain excellence. Sometimes, even the definition of a supplychain is not clear. What Is A Digital Transformation? I define digital as the rethinking the atoms and electrons of the supplychain. Supplychain planning’s goal is to improve decisions.
Managing the flow of goods within the apparel industry requires an extensive and well-established supplychain network. Since this particular industry is insanely fast-paced, any problem within the supplychain can lead to a loss of sales for the business. There are countless benefits of having an optimized supplychain.
When I engage with supplychain leaders , I ask the question, “Are you making progress?” 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. Most are treading water.
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. Leaders need to balance a portfolio of metrics. Reflection.
Digital transformation is one topic that is dominating our industry—and rightfully so, considering the significant competitive advantages and opportunities it brings to global supplychains. SupplyChain Complexity. Digital Transformation. Case Study: Microsoft’s Digital Transformation.
In the supplychain, the questions do not change; but the answers do. Quote from a SupplyChain Leader at a Conference in Europe. Yesterday, Peter Bolstorff, Executive Director, APICS SupplyChain Council, called to discuss the use of the SupplyChain Index by APICS to measure supplychain improvement.
The options for supplychain training abound. This includes organizations like APICS, CSCMP, IBF, Accenture Academy, and the SupplyChain Council. So, why would SupplyChain Insights offer training? The course is designed to give participants a greater understanding of supplychain excellence.
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. Full visibility the length of the supplychain.
Too few companies understand that the supplychain as a complex system with finite and non-linear relationships between the metrics. A second and a fundamental issue is the lack of technology to model the supplychain. Life is busy at SupplyChain Insights. Companies also struggle to get to data.
At Gartner’s recent SupplyChain Planning Summit, I had the honor of co-presenting with Chance Finley, Vice President for Global SupplyChain at onsemi, a leading semiconductor manufacturer with more than $8 billion in annual revenue.
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. .
by Carol McIntosh Firstly, what is a supplychain road warrior? The focus of this blog series is to share the insights I have gained during my 15 years as a supplychain road warrior. I nsight #2 – Your supplychain processes. Insight #3 – Your supplychain measurements. employee engagement.
A lasso is what supplychain leaders would like to have. I frequently see groups of supplychain leaders arguing about the right for individual businesses to define their own systems/process. Metrics Definition. There needs to be a common definition of supplychain excellence. To align S&OP.
As I walked, I reflected on the many discussions that I have recently had with multiple supplychain leaders on SupplyChain Excellence. Today, I am deep into the recent research on the SupplyChain Centers of Excellence. 5) SupplyChain Excellence Work Is Important. We would love your input.).
In Part 1 , we covered the global complexities industrial supplychains face and the leapfrogging benefits of digitalization. Crucial SupplyChain Needs Terence: What are the crucial supplychain needs faced by industrial manufacturers? Sunil: It’s important to start with metrics.
Last week, at SupplyChain Insights , as part of our monthly webinar series, I hosted a panel discussion on the current state of the healthcare value network. Hosting this webinar series is one of the favorite parts of my job as the Founder of SupplyChain Insights. I think both factors are at play. Angel Mendez at Cisco.
Digital transformation is one topic that is dominating our industry—and rightfully so, considering the significant competitive advantages and opportunities it brings to global supplychains. SupplyChain Complexity. Digital Transformation. Case Study: Microsoft’s Digital Transformation.
Digital transformation is one topic that is dominating our industry—and rightfully so, considering the significant competitive advantages and opportunities it brings to global supplychains. SupplyChain Complexity. Digital Transformation. Case Study: Microsoft’s Digital Transformation.
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.
In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supplychain initiatives and their innovative solutions. Salim: Our automotive customers are increasingly looking at how to counter inflation but at the same time how to enable supplychain resiliency.
Many analysts believe, however, that time for caution has passed when it comes to digital supplychaintransformation. Nevertheless, “wait and see” seems to be the position of many supplychain professionals. analytics) to improve supplychain processes. servomechanisms) and software (e.g.,
A lasso is what supplychain leaders would like to have. In contrast, as a regional supplychain leader in the 1990’s, my company had one S&OP. I frequently see groups of supplychain leaders arguing about the right for individual businesses to define their own systems/process. Metrics Definition.
Supplychain mobility connects and empowers your workforce with real-time data. Driving these standards is the increasing focus on digital transformation in the supplychain. Enterprise mobility for the supplychain, or supplychain mobility , extends digital business systems onto wireless handheld devices.
That’s how I felt when I first heard about digital transformation. In supplychain management, it was all anyone could talk about. Every article discussed the importance of digitally transforming the supplychain. Using First Principles to Understand Digital SupplyChainTransformation.
The supplychain is a complex system with increasing complexity. Few companies manage their supplychains end-to-end; and as a result, cannot manage inventory holistically. The supplychain leader manages performance at the intersection of inventory turns, operating margin and customer service.
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