It’s hard to believe with the advent of the intelligent supply chain, or smarter supply chain that people still stubbornly stick to manual processes. One suspects that they still pick up their daily newspapers and think Kindle is what you do to start the fireplace.
It would be easy if it boiled down to a simple [...]
Continue reading about How Much Are Manual Document Processes Costing You?
As a follow up to You Are Your Supply Base, I’ve come across a lot of research that seems to indicate the need for better supply base management and analytics is working its way to the top of the list of priorities for many companies.
In a recent Accenture report, senior managers are still relying more [...]
Continue reading about Up-To-Date Supply Base Management and Analytics Work Better Than ‘Gut Feel’
Stumbled across an interesting article in Supply Chain Digest the other day. A recent survey conducted by consultants at PRTM of some 350 supply chain executives from across the globe identified five key supply chain challenges for the next few years. Successful management of those challenges, the resulting report says, will be central to a [...]
Continue reading about Survey Identifies Five Major Challenges for Future Supply Chain Success
There’s an old business saying that always rings true. “What gets measured is what gets done.”
It’s no secret that procurement has seen a higher profile as companies seek to control costs and increase the overall value of their supplier relationships by reducing risk and increasing compliance across the board.
Assessment of Performance and Risk Top Survey
In [...]
In my position, I end up going though many articles and surveys and I came across one the other day that said almost 65% of all companies running sales order management systems had as many as 11 order management systems.
Yikes.
This not only seems like a waste of money and resources, but the perfect storm of [...]
Continue reading about Effective Order Management Requires Control of End-to-End Processes
While overcoming the internal company culture seems to be the biggest obstacle, according to Healey’s survey, it’s no easy task for IT when it comes to the technical either.
The Electronic Data Interchange (EDI) standards have been around since 1980, starting with invoices and orders, but they have evolved and expanded into much more. There are [...]
In my previous post I discussed the cloud in terms of its most salient benefit: Information sharing.
There’s no question that sharing data will improve relationships with customers and suppliers. As companies go from the cost-cutting that was prominent in the recession to growth, data sharing should be the main driver to opening new markets, winning [...]
In the business world, you hear many interpretations of what “the cloud” truly represents for a supply chain. Software as Service. On Demand. Business Process Outsourcing, etc.
When you discuss value, the response most often given by business leaders is cost, specifically no capital expenditures and only paying for what you use. Others think the value lies [...]
Most of you are probably aware of the Jeff Foxworthy “You might be a redneck if…” comedy routine. While I don’t plan to quit my day job, here’s my Jeff Foxworthy take on “Your business might be in trouble if…”
Your business might be trouble if…your ERP disaster recovery plan involves tapes.
Your business might be in trouble if…Your [...]
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In my last installment I discussed the viability of archiving documents and its effect on creating more efficiency in lifecycle information management and why it was largely lost on many businesses. But it was easy to understand. It’s just not that sexy, that is unless you’re so backlogged with hard copy documents that nothing can [...]