Practical perspectives on industrial analytics, BI and AI — written by the team that builds them.
Demand planning process measurement for the supply chain: The main process measurement for demand planning – in terms of numbers on a monthly basis – is…
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Forecast error in procurement turns into cost through four mechanisms: carrying cost on inventory you didn't need, expedite and emergency purchase premiums, lost sales when you're…
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A company can know exactly how much inventory it has and still have no idea why that inventory is increasing.It can know which suppliers delivered late…
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Why do sourcing teams sometimes spend days going through procurement data and still struggle to figure out where to focus?It’s rarely because the data isn’t there.Purchase…
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Supplier deduplication is the sort of task that sits on every procurement improvement list and never reaches the top of it. The AP team already knows…
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Every procurement spend analysis project starts the same way. Someone pulls three years of AP and PO data, loads it into a tool, and produces a…
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Why are procurement teams always a step behind? It's rarely because they lack data. Most have plenty. The real problem is where that data lives —…
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A supply chain control tower is primarily meant to answer if something just broke what should be the actions to be taken now? Most of them…
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The procurement function is taking centre stage in risk mitigation and cost reduction. Machine learning and data-driven methodologies can rejuvenate the function and boost its efficiency…
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The importance of data analytics in supply-chain management cannot be overstated. As networks grow more global and more complex, the businesses that consistently win are the…
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