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And how can supplychainplanning help? My goal was to think harder about how to best implement Advanced Planning before I wrote my next post. I am also writing the new edition of the SupplyChains to Admire. ” The starting point of a planning project is clarity of objectives.
Digital Twin Screen Shot and Architecture The most comprehensive form of planning that companies engage in is integrated business planning. Based on this, a multiple-month financial, supplychain, and capital expenditure plan is produced. This realization led to a new focus on agile planning.
In the supplychain management industry, words swirl but lack definition. Will we transform and improve supplychainplanning systems based on AI? Over the past decade, over 320,000 supplychain leaders have followed me on LinkedIn. (I The winds of change transform industries. Again, who knows?
Historically, there has been a disconnect between SupplyChainPlanning and SupplyChain Execution 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).
Does your supplychain need a refresh? Newsflash: digital supplychains allow for integration and visibility to every aspect of the movement of goods/services. Don't let your supplychain become a thing of the past; download this guide to embrace the future!
I find that most companies’ understanding of supplychainplanning is immature, and that next week, at the Gartner SupplyChain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supplychainplanning models. The reason? How do you do it better?”
ARC Advisory Group has been covering the SupplyChainPlanning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supplychains. Supplychain agility reflects a company’s ability to respond quickly to surges or plummeting demand.
My plan to get there was pretty straightforward; I knew the best route and all the usual traffic patterns, so we set out on what should have been a two-hour drive. Four hours later, we finally arrived, Read more The post Effective SupplyChainPlanning Is All In The Data appeared first on Talking Logistics with Adrian Gonzalez.
Unlike the prior supply disruptions in my lifetime, there will not be a new normal. Instead, supplychain leaders face wave after wave of disruption until there is a vaccine. As a result, much of what we have learned as a supplychain best practice is no longer applicable. How does this affect supplychains?
In 2025, the SupplyChain continues its evolution toward “Logistics 4.0,” inspired by Industry 4.0. Two major characteristics define this transformation: automation, driven by robotic solutions, and prediction, paving the way for an era of planning and simulation powered by Artificial Intelligence (AI).
She wrote, “I have been working in the supplychain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. Over the last two years, I actively engaged technologists and business leaders to redefine demand planning.
Let me explain, if you fill out one of my surveys on LinkedIn, I share the research results in front of the paywall (I believe that supplychain research should be readily available and not locked behind a paywall.) (If Most see their supplychain as fixed and insular.
Kinaxis is a leading provider of supplychain solutions. Kinaxis used to refer to itself as a supplychainplanning supplier. They are now starting to call themselves a provider of supplychain “orchestration” solutions. But newer technology is breaking down the borders between planning and execution.
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.
This white paper, by GEP, shares a 6-point plan to gain visibility and track ESG performance across your supplychains. Gaining visibility into ESG performance is a necessary first step to achieving ESG goals. But organizations must overcome challenges and develop processes to make it happen.
Scott Fenwick, Senior Director Product Strategy for SupplyChainPlanning at Manhattan Associates. Manhattan Associates, a leading supplier of supplychain and omnichannel management software solutions, recently had a major product release that will shake up the supplychainplanning market.
In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supplychain excellence. In my post Mea Culpa, I reference my work with the Gartner SupplyChain Hierarchy of Metrics. ” Let’s face it all supplychains have error.
Jack Fiedler, the vice president for digital transformation of the global supplychain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supplychains. We run one of the few truly hybrid supplychain networks. That has worked out well for us.
Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of SupplyChain Leadership? Designed to lift the profession and celebrate supplychain results, I struggle to find that the methodology supports either objective. Learning Stalled.
Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supplychain, product management, legal, marketing, and change control teams (Gartner, 2022). This underscores the critical importance of cohesive efforts to achieve timely and compliant product launches.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. Effective supplychainplanning is crucial for maintaining competitiveness and ensuring customer satisfaction in today’s fast-paced business environment.
My goal is to engage the supplychain community in a no smoke and mirrors discussion. My observation is that the supplychain community perpetuates a number of myths about planning. This post is a reflection from twenty years as an analyst in supplychainplanning. I need to clear the air.
A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving.
In a recent research project, we found that 2/3 of companies had a digital supplychain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. SupplyChain 4.0.
This GEP whitepaper shows why supplychain leaders should take steps now, and offers an action plan for moving forward. To achieve sustainability, many firms set lofty net-zero emissions goals. However, meeting them is easier said than done.
Boxer Mike Tyson famously said, “Everyone has a plan until they get punched in the mouth.” Everyone has a great supplychainplan as well – until exceptions and disruptions occur. Then you’re forced to either modify the plan or come up with a new one.
Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. I am worried.
ARC analysts have published predictions about supplychain technology trends at the beginning of the year in past years. SupplyChain Disruptions Will Diminish, but Remain Substantial. SupplyChain Disruptions Will Diminish, but Remain Substantial. We expect direct impacts to diminish in 2022.
Historically, supplychainplanning processes have been performed using error prone and time-consuming spreadsheets. Adopting a predictive intelligence platform allows you to outperform your supplychain goals, overcome challenges of spreadsheet-based planning, and improve the bottom line.
The evolution of planning moves from a focus on the enterprise to an adaptive platform that senses and responds based on market data. An outside-in model requires a redefinition making today’s supplychainplanning technologies legacy investments. What Is An Inside-Out Planning Process?
Matt Hoffman, Vice President of Product and Industry Solutions, at John Galt Solutions One-number plans are bad plans. A probabilistic approach to planning would be better, but our supplychain tools have not supported this approach well. Further, is the person planning to drive their own vehicle to the airport?
When planning your weekend, you might check a 5-day weather forecast, which provides probabilities of rain, sunshine, or cloudy skies. Recently, Steve Banker wrote an article about taking a flight and planning the drive to the airport. Picture this: you need to plan your inventory levels for the upcoming holiday season.
Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supplychain and logistics topics. After three.
Supplychain, with its complex planning questions, is typically an area where optimization technology is required. SupplyChain Network Design. Sales and operations planning (S&OP). Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action.
Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supplychain resilience. Background The Council of SupplyChain Resilience met for the first time this month. What is supplychain resilience? The reason?
BOSTON – August 3, 2023 – ToolsGroup, a global leader in retail and supplychainplanning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for SupplyChainPlanning Solutions (July 2023). All rights reserved.
Over the last two decades, there has been a significant focus on increasing the speed of supplychainplanning solutions. However, you may have noticed that the increase in the speed of supplychainplanning solutions is not resulting in better decisions, improved performance, or much-needed supplychain agility.
This week, I was introduced by phone to a marketing leader new to supplychainplanning. I listened in amazement when she said, “My marketing plan is based on the fact that supplychainplanning is an old technology nearing the end of its lifecycle.” Supplychainplanning is evolving.
Based on more than 25 years of our experience in supplychain technology, TadaNow has created some critical questions for manufacturing leaders to ask while evaluating supplychain platforms: What is the business outcome you’re trying to deliver? Download ' A Buyer’s Guide for SupplyChain Executives’ by TadaNow.
”) So, I sat across from a stranger on a cold winter night, the only thing that we had in common was our experience in supplychainplanning. . And won’t the supplychain follow suit?” The supplychainplanning industry is fraught with big claims with little substance.
Reshoring, the practice of bringing manufacturing operations back to the United States, has gained renewed momentum in recent years, largely driven by a combination of political priorities, economic strategies, and global supplychain disruptions. The Case for Reshoring: Benefits for SupplyChains 1.
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.
As an industry, linking supplychainplanning and execution has been discussed for decades. It is well understood disconnected planning and execution processes can lead to costly disruptions, missed opportunities, and inefficiencies. Yet, even the most meticulously crafted plans can crumble if execution falls short.
TadaNow has helped many customers with short-term and long-term planning to prepare them for supplychain shortages and procure needed electronics components in the most efficient way possible. Tada’s Preventive Corrective Action Plan (PCAP). Read this whitepaper to learn: The lasting impact of chip shortages.
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