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Think Tank
Business Strategy Alignment: Page 379
The Latest BPM Software Merges Several Enterprise Categories, Functions
The last year has seen much change in the enterprise business process management software market. The U.S. BPM market for 2013 amounted to $65bn and is expected to grow to more than $77bn by 2017. Certain verticals are poised to surpass the expected CAGR of 4.3 percent of market growth. Organizations focusing on BPM will see the largest impacts, as many inefficiencies can be fixed, if done correctly. - Dylan Persaud, Managing Director, Eval-Source
The Components of Better Business Process Management
Analyst Insight: Continuous industry, business and customer demands force companies to maintain business processes in permanent evolution. Highly productive organizations strive to achieve a technological edge, business efficiency, and regulatory compliance, which must be assimilated within the organization's operations, to increase and optimize business performance. - Jorge Garcia, Senior Analyst, Technology Evaluation Centers
Value of End-to-End Transportation Planning
When it comes to world-class transportation and logistics management, companies must strive to deliver on two critical mandates: containing costs and sustaining service.
In Business Intelligence & Analytics, Big Data = Big Opportunity
Analyst Insight: For many supply chain executives the term analytics is synonymous with reporting and Big Data is a new buzz word. However, when leaders harness new forms of analytics coupled with an understanding of Big Data opportunities good things happen. Here we share some insights from three studies that illuminate the opportunity. - Lora Cecere, CEO and Founder, Supply Chain Insights
Supply Chain Analytics in Emerging Markets
With the advent of big data, faster computing and intuitive analysis tools, the promise of analytics has generated a renewed focus on improving operations through data-driven decisions. For supply chain organizations in particular, it is a powerful ally in driving cost reduction strategies and service level improvements. From public sector entities like Lincolnshire, which identified £24m in procurement savings, to retail giants like Tesco, which reduced £50m in excess inventory, organizations across the globe are achieving substantial impact by applying analytics to their operations. But what about emerging markets?
How PepsiCo Created a Plant With 'Near-Net-Zero' Impact
PepsiCo undertook the ambitious goal of transforming a Frito-Lay plant in Arizona into a facility with almost no net environmental impact. A finalist in the Supply Chain Innovation Award competition of CSCMP and SupplyChainBrain.
U.S. Retail, Consumer M&A Deal Value in 2013 Surpasses $100Bn for First Time in Five Years
U.S. retail and consumer (R&C) total transaction value for 2013 surpassed $100bn for the first time since 2008, according to PwC's US retail and consumer deals insights 2013 Year in Review and 2014 Outlook report. Deals in the food and beverage sector and private equity investment in the apparel, footwear and accessories sector continued to drive activity in the R&C industry.
Almost 40 Percent of Businesses Still Not Selling Online, Study Finds
These days, it's widely assumed that most businesses are selling directly to customers via the internet. However, surprisingly, a Grant Thornton survey found that 39 percent of businesses are not yet selling online. Online sales might seem like a dream come true "” you reach larger markets with no middlemen, at higher margins "” but, according to the Grant Thornton survey, the dream can easily turn into a nightmare.
Forwarding Group to Modify Asian Logistics Methods
Global forwarding group DB Schenker says it has taken a fresh look at the modes of transport usually chosen for moving freight around Asia and switched to a more efficient multimodal option which it has christened the "Asia Landbridge."
Supply Chain Heads List of Increasingly Connected Corporate Risks
Business interruption and supply chain risks remain atop a list of the major hazards drawing companies' attention this year, according to the recently released Allianz Risk Barometer, a survey of some 400 of the firm's corporate insurance experts from more than 30 countries. Insurers are starting to pay much more attention to supply chain when underwriting industrial risks, the global insurer says.
It's Valentine's Day. Are You Too in Love With Your Forecast?
Humankind is forever striving for perfection. When it comes to the job of demand forecasting, however, perhaps we ought to be a tad less obsessive.
Third-Party Logistics: Governance and Collaboration in the 3PL-Shipper Relationship
In the wake of the Great Recession and the still lethargic economic recovery, the importance of sound governance practices across the supply chain is more crucial than ever in building and maintaining effective, collaborative 3PL-shipper relationships. Positive news in the authoritative 18th Annual 2014 Third-Party Logistics Study: collaboration between shippers & 3PLs is up. The majority surveyed say their relationships have grown more collaborative over the past three years, "with shippers even more likely than 3PLs to say they are much more collaborative." - Kate Vitasek, faculty, University of Tennessee's Center for Executive Education and Founder, Supply Chain Visions
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