Posts tagged as 'Supply chain management'

Your opportunity to be a supply chain hero is here!

JenniferBell

A supply chain hero!If your business is currently leveraging SAP APO as part of your enterprise architecture, now is the time to upgrade to Kinaxis RapidResponse. You may be asking why now and how does this make me a supply chain hero?

As you know, SAP has announced their intention to discontinue support for their APO suite. This can be a scary time, especially if you have good adoption of APO within your user community. Why is it so scary for the user community? Because it means change.

But, as a soon to be supply chain hero, you appreciate the changing tides of technology. This potentially scary situation is really an opportunity in disguise. You can be a hero by:

  1. Being a Change Agent: Kinaxis is offering a low risk upgrade program, specifically to Kinaxis qualified SAP APO customers. Kinaxis will work with you to develop an upgrade program that allows you to transition key business processes to RapidResponse without a big bang implementation. This agility gives you the opportunity to test drive an exciting solution without a financial commitment until the value of RapidResponse is proven.
  2. Minimizing Supply Chain Risk: You know that cyber risk leads to business risk. The RapidResponse solution is cloud-based and proven. With customers like Lockheed Martin and Raytheon, Kinaxis holds itself to the highest standard of security to support their government contracts. The same model is used for all Kinaxis customers, so you know your data is secure and cyber risk is mitigated.
  3. Setting a Business-Centric Vision: Set your vision and use RapidResponse as part of the strategy to get there. Your supply chain will thank you. Just imagine the following:

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The Supply Chain Dilemma – Do I Make House Repairs or Do I Redesign the Home?

LoriSmith
  • by Lori Smith
  • Published

Home renovations mimic supply chain dilemmaI live in a 40 year old house and in some ways it is certainly showing its age. When there is something that isn’t working, not meeting my needs, or simply has gotten out of date, I find myself asking the question of do I try to fix up what I have or replace it? There is a lot of maintenance needed to keep things running around the house, but for some things there comes a time when you have to ask “how far is this repair/upgrade going to take me?” If I keep investing just to maintain what I have, and at best, see an incremental improvement, when I am ever going to have the resources for re-designing and making real renovations? It is indeed a balancing act… and not at all unlike the decisions being made in managing supply chains.

A theme that resonated for me at the Gartner Supply Chain Executive conference the other week was the notion of “managing” versus “transforming”. There was a panel discussion on the Chief Supply Chain Officer (CSCO) Imperatives for Executing the Global Supply Chain Strategy where each of the panelists said that among their main priorities was balancing continuous improvement with transformative innovation. You have to do both. And of course technology investment is a key factor, given that most, if not all supply chain innovation will be supported by technology.

This point really hit home during Dwight Klappich and Chad Eschinger’s session where they discussed the results of their Supply Chain Technology User Wants and Needs Study. A key takeaway from the study was that SCM IT investment and supply chain maturity/performance go hand in hand.

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Top 25 Supply Chains Pt. 1: Masters category

CJWehlage
  • by CJ Wehlage
  • Published

Top 25 supply chains all utilize global networksOn May 29, 2014, I posted a blog about the Top 25 Supply Chains predictions for 2015.

“All that being said, here’s my early 2015 “Not So” Bold Predictions: #5 P&G, #4 Unilever, #3 McDonald’s, #2 Amazon, #1 Apple.”

Almost a year later, that was 100% correct. Ok, here’s my reasoning. The 2015 Top Supply Chains were #1 Amazon, #2 McDonald’s, #3 Unilever. What about my Apple and P&G prediction, you say? They were surprisingly put into a “Masters” category. As it is explained in the Gartner report, a “Master” is a supply chain that “consistently had top five composite scores for at least seven out of the last 10 years”. It’s bizarre to me, since a “hall of fame” category is reserved for someone who has retired. Plus, there was no explanation as to why seven out of the last 10 years was chosen. To me it felt more like a common thread between Apple & P&G was found first, then the Masters category was created.

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On-Demand Webcast – Supply Chain Transformation: Avaya’s Journey

AlexaCheater

Did you miss our recent live webcast on Avaya’s supply chain transformation? No problem. The complete webcast is now available on-demand.

In this webcast, Bryan Ball, Aberdeen Group, and Benji Green, Avaya, discuss the circumstances and challenges Avaya faced on their four-year journey, the catalysts for transformational change, and the dramatic results they were able to achieve.

For Avaya, the journey began with the realization they were spending too much time on low-value, reactionary activities, like translating and moving data. Their goal was to flip that reality, so more time was spent on high-value, proactive activities that would have a real impact on the business.

With an outlined five-phase approach, Green discusses how Avaya was able to shift focus within the company, combining people, process and technology to achieve far-reaching success. That success included exceeding customer and employee expectations on multiple levels. More specifically, Avaya saw their on-time ship rate jump from 86% to 94%, their past due revenue decrease from $42M to $10M and their employee engagement scores increase by 57%.

Along the way they addressed many common challenges like disparate processes, multiple ERP systems and lack of supply chain visibility. Through the use of technology as an enabler, Avaya was able to transform their supply chain into one centered on continuous improvement and innovation.

View now!

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What Your Mom Can Teach You About Effective Supply Chain

AlexaCheater

Moms are supply chain super herosHappy Mother’s Day to all those hardworking moms out there! Have you ever marveled at how some women just seem to have it all together? They manage to turn a hectic household into a well-oiled machine, while I can barely manage to keep my household of two up and running! In honor of these Super Moms, I’ve pulled together the top five reasons why you should be asking your mom for more than just relationship advice.

  1. She’s the Best Master Scheduler You’ll Ever See – Between school, hockey practices, dance recitals and her own social life (yes, moms have those too!), she somehow manages to get everyone where they need to be on time and in the most effective way possible. Her schedule is coordinated down to the minute, and she always has contingency plans in case of potential delays, like having to pick up an extra passenger on the carpool run. She also knows where every member of her household is at any given moment. No missing or delayed shipments here!
  2. Her Inventory Management is Second to None – Ever wonder how moms always seems to know what’s in the cupboard when kids ask for snacks? She can rattle off the entire contents of the pantry without missing a beat. That’s because she knows exactly how much inventory she has, how long it’s likely to last, and when the best time is to re-stock. She also has a strong grasp on demand planning, always buying exactly the right amount of what her family’s likely to want in any given time period, balanced with how much storage space she has available for excess inventory. Say goodbye to stock spoilage and shortages!

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What if… you really could “what-if” in your supply chain?

JohnWesterveld

What-if?We’ve all asked ourselves the question… what-if? What if I bought that new car? What if I took that job? What if I won a million dollars? It’s fun to dream. But sometimes the what-ifs are slightly more mundane yet still important…. especially when you say “what-if” with your supply chain.

  • What if I could decrease the lead time on this part? What impact would this have on safety stock?
  • What if I accepted this large order? Could I build it by the due date? What other orders are impacted?
  • What if my key supplier suddenly couldn’t deliver for three months? What would that do to my revenue? What customers are affected?
  • What if I shifted production to a new supplier that had much lower costs but higher lead times? What would that do to my margins? My inventory levels?

The list goes on… we’ve only barely scratched the surface of the types of what-if analysis that supply chain professionals try to do every day. The challenge supply chain planners and analysts face every day is that the tools they are provided really don’t support what-if analysis. ERP systems don’t support multiple simulation scenarios, they have fixed, part-by-part reporting that doesn’t support further investigation, and it takes hours to run the batch processes needed to evaluate a significant change.

Since they can’t effectively perform what-if analysis in the ERP system, supply chain analysts often need to model these key decisions using Excel. And while Excel is an excellent tool for doing basic models, it simply cannot effectively capture the complexity of a real supply chain. Layer on top of this, the errors that inevitably end up in any Excel model, and you are often making key strategic and tactical decisions based on a flawed model.

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Non-Traditional Supply Chain Pt 1: Data as a Commodity

AlexaCheater

Data represents a non-traditional supply chainAn interesting topic came up the other day at the office, the idea of non-traditional supply chain. Not non-traditional in the sense of a company that thinks and acts a little outside of what’s considered to be ‘normal’ supply chain operating processes. Rather, supply chains that don’t deal with material goods at all. Perhaps it’s because I’m a Millennial, part of Generation Y, and came of age at the same time the internet did, but my very first thought was of course there’s such a thing as non-traditional supply chain – just look at the data!

Anyone who works in traditional supply chain knows data is king. It plays an integral role in managing not only your sales and operations planning (S&OP), but rules the roost so to speak when it comes to making sure your supply chain is operating effectively. Without accurate and timely data, that’s also easily visible, you’re likely not making the best decisions for your business.

But what I’m talking about isn’t using data to enhance your supply chain. I’m talking about data as a commodity – and it’s a booming business right now.

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The Good, the Bad and the Ugly at the High Tech Supply & Demand Summit

CJWehlage
  • by CJ Wehlage
  • Published

a vehicle break-in was part of the ugly at the High Tech Supply & Demand SummitThe first words foretold the upcoming days. When I checked into the hotel at the High Tech Supply & Demand Summit in San Francisco, the front desk person, as she was handing me the room card, pointed to the right, and said, “if you go for a walk, don’t go that way, that’s the Tenderloin district. It’s a very dangerous place.”

Those initial words rang true to what happened the next two days. Having spent two years at AMR Research, I’ve seen the type of analyst that will be so direct, the message comes across harsh. I’ve leaned towards the concept of writing the positives, with some humor, and based on practical, business-based supply chain knowledge. Today, for this blog post, that changes.

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