Analyst Insight: The recent economic turmoil has pulled into sharp focus the issue of how to manage increasingly volatile supply chains. Through late 2008 and 2009, many companies simply panicked and aggressively cut both production and productive assets. These companies are beginning to pay for those aggressive cuts as demand is now starting to increase -- straining diminished capabilities. For 2010, we offer guidance on how companies can get supply chains back in balance and get sales and operations planning right.
Analyst Insight: In Aberdeen's Supply Chain Executive's Agenda 2009 study, the following top market pressures were reported by the process industry respondents: economic and financial volatility, rising supply chain management costs, escalating customer service demands, and rising business complexity of managing an increasingly global business network. Process industry firms have a number of differences in the way they manage their manufacturing and supply chains and are now increasing their focus on supply chain performance.
Analyst Insight: Analyzing the right metrics is obviously essential for accomplishing the difficult task of maintaining and improving quality at every single step of the supply chain. Still, basic principles must first be applied in order to achieve better performance and accurately measure supply chain behavior.
Analyst Insight: A December 2009 study reveals that as few as 22 percent of companies are ready for the January 26, 2010 mandate date for full Importer Security Filing (ISF) "10+2" compliance. The economic recovery may foretell huge fines for these companies.
Analyst Insight: The life sciences industry is realizing significant supply chain and operational benefits by driving even modest increases in demand forecast accuracy. Companies included in a recent AMR Research study pointed to improved demand management processes as the number one reason for this increased supply chain visibility. And the benefits don't stop there!
Analyst Insight: New product launch success remains elusive cross-industry, with fewer than 60 percent on average considered successful in high-tech alone. Yet PLM applications have been deploying for over 10 years. Manufacturers claim time-to-market and cost benefits, so why such poor success? The answer is a combination of narrow PLM deployments and PLM providers not grasping the attention of all stakeholders.
Analyst Insight: The regulatory environment for food and beverage manufacturers is changing. President Obama has reinvigorated the FDA's Food Safety Working Group and change is on the way. It is more important than ever for food and beverage manufacturers to get ahead of the curve and ensure food safety and traceability across their entire supply chains, from the field to the fork.