Analyst Insight: The number one strategy for high-impact business performance is organizational and supply chain strategic alignment, coupled with effective supply chain segmentation. The hyper competitive supply chain landscape is a new normal. To compete leading organizations need to restructure in order to breakdown functional silos, create enterprise unification around common goals, and use technology and "big data" to create a "big picture" understanding of organizational goals. - Nada R. Sanders, Professor of Supply Chain Management and Iacocca Chair, Lehigh University
In the last couple of years, the popularity of predictive analytics offerings has increased significantly, as many companies looking to improve their existing business intelligence and analytics faculties are looking to the field of predictive analysis to enhance these capabilities, and in some cases even replace them. But, is predictive analysis really the new BI? Is it a replacement for the good old business intelligence offerings? Or is it really just the evolution of BI?
A recent survey of global online shoppers reports that e-commerce merchants selling abroad are missing out on sales and revenue opportunities because their websites lack local currency pricing capability.
The Association for Advancing Automation, the umbrella trade group for the Robotic Industries Association, AIA - Advancing Vision + Imaging, and the Motion Control Association, has launched a new web site, www.A3automate.org.
OCTG Tubular Finishing Services, which inspects and finishes steel pipes used at oil-drilling sites, is employing radio frequency identification technology to track personnel and tools at its facility near Houston. The company is also in the process of developing a service to provide information regarding the status and location of pipes located on site.
In marketing, emphasis is often placed on the initial efforts to get a customer interested in a product or service. This is a natural part of the sales cycle, of course, but it tends to overshadow the very important aspect of repeat business and the contribution it makes to overall success.
Integrating supply chain planning and execution is vital to today's businesses, but 80 percent of the data that most companies need to achieve this integration lies outside their four walls. Mark Cosway, vice president of industry sales at GT Nexus, explains a new approach to solving this problem.
A few years ago, DHL Express was in a downward spiral of data quality. The company had used a Microsoft costing tool deployed locally in the 200 countries in it operates. Graeme Aitkin, vice president of business controlling, said the tool used employee interviews to localize cost allocations, asking couriers how they spent their time every day. In the old days, he said, when the data wasn't available, it wasn't possible for a company to have a unified costing and pricing system across a global company.
Within an organization, the words "demand planning" stir emotions. Usually, it is not a mild reaction. Instead, it's a series of emotions defined by wild extremes, including anger, despair, disillusionment or hopelessness. Seldom do we find a team excited about demand planning. Supply chain leaders want to improve it, but are not optimistic that they can make improvements.