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Think Tank
Business Strategy Alignment: Page 330
SupplierPay and the Next Stage of Supply Chain Finance
Analyst Insight: Automation and efficiency in corporate accounts payable is opening up new opportunities that simply are not possible in a paper-based environment. Chief among these is the opportunity to design payment programs that accelerate funds to suppliers – and provide significant working capital benefits to buyers as well. – Scott Pezza, Principal Analyst at Blue Hill Research
Supply Chain Sustainability Continues to Drive Business Value
Analyst Insight: SCM World's 2014 CSCO Study shows health and safety is the number one sustainability issue for the fourth straight year. With ethical issues and product integrity coming in a close second and third, it is clear that disconnected sustainability efforts have truly evolved into integrated social and environmental responsibility (SER) initiatives. – Matt Davis, SVP Research at SCM World
Your Next Perfect Employee or Job Is Waiting
SupplyChainBrain and JobsInLogistics have joined forces in 2015 for the specialized purpose of:
The Human Design Aspects of Demand Planning
Analyst Insight: Demand planning can be both a complex and demanding exercise to fully conduct. To get past the initial challenges, it is tempting to consolidate demand planning into a few simple metrics and goals to support adoption. Blue Hill believes that this approach will ultimately sabotage the best-intended intentions to support enterprise demand planning. – Hyoun Park, Chief Research Officer at Blue Hill Research
Big Data Analytics Useful – Only If Plugged Into Daily Operations to Make Decisions
It's easy for tech-savvy executives to get excited about Big Data and advanced analytics these days. Newly available tools allow companies to do things they couldn't do before, like recommending specific products to online buyers or mining workers' compensation claims data to recommend better treatment options for injured employees. But whiz-bang capabilities don't create real value unless an organization incorporates these new techniques into its day-to-day operations.
West Coast Port Strife Diverts Meat Exports - U.S. Carnivores to See Cheaper Prices?
U.S. Carnivores U.S. meat exporters caught in the middle of the West Coast port labor standoff diverted millions of pounds of chilled pork and beef into cold storage facilities over the last few weeks, creating an oversupply of meat, analysts said.
Quit Saying 'Collaboration' and Start Practicing It
Analyst Insight: Collaboration is widely identified by supply chain analysts as a critical trend for supply chain execution. But it is one thing to "say" collaboration and quite another thing to get it right and garner real results from your efforts. For the best results, think of collaboration and integration together. And don't be afraid to contract for collaboration. - Kate Vitasek is a faculty member of the University of Tennessee's Graduate Center for Executive Education.
Leveraging Collaboration to Transform Industries
Analyst Insight: Supply chain efficiencies and dynamics are tested daily by the heightened need for companies to meet a growing set of demands. As efficiency and consumer demand converge, visibility grows in importance and can only be brought about through collaboration. What makes visibility and collaboration between stakeholders possible is a common language of standards that can enable supply chain participants to understand and act on information with agility and precision. Industries achieve remarkable progress together. – Siobhan O'Bara, Senior Vice President of Industry Engagement, GS1 US
In Retail Demand Planning, The Numbers Can Lie
Retail demand planning is, to a great extent, a game of numbers. But the store that relies entirely on hard statistics is likely to be in for an unpleasant surprise.
So Many BPM Options to Choose From
Analyst Insight: Business process management has changed immensely within the last few years. Last year, many new vendors emerged in all industries and verticals due to SaaS business models. The BPM market is rapidly evolving to include a combination of products services and software bundled into one deliverable in a turnkey solution. As the race to zero continues, vendors will have to discover what customers are willing to pay for. – Dylan Persaud, Managing Director, Eval-Source
Alignment Is Not Just for Cars
Analyst Insight: Alignment is the positioning of parts so they are in their proper position to run correctly – as in car parts. Alignment is also the ability to optimize the business results by aligning people, programs and business processes. According to Supply Chain Insights, Alignment continues to be one of the top three supply chain business initiatives in 2015. – Mickey North Rizza, VP Strategic Services, BravoSolution
Internal and External Misalignment
Analyst Insight: A major reason the majority of start-ups and mergers are destined to fail is that companies are not aligned when it comes to determining the nature of their business, what they want to achieve and how they will achieve it. Misalignment can happen both internally and externally and almost always translates into frustration and failure. – Kate Vitasek, Faculty, University of Tennessee's Center for Graduate Executive Education programs.
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