The Network Effect

MAY 4, 2015

Demand Sensing can import demand data on an hourly rather than a batch or daily basis, immediately sensing demand signal changes as compared to a detailed statistical demand pattern, and then evaluates the statistical significance of the change. What About The Data? However take care not to misinterpret the data. Part 3 is here.

Demand 68

Demand Data Inventory Networking 68

The Network Effect

APRIL 22, 2015

Yet is today’s standard practice of merely maintaining master data across our various and disconnected transactional systems achieving this mission? But if you’re impatient and want to find out more now, I suggest you read the new white paper: Why Wall Street Cares About Your Master Data Management Strategy.

Data 67

Data Strategy Management Networking 67

The Network Effect

AUGUST 14, 2015

To be effective, executives need a set of core master data about customers, products, locations, vendors, and suppliers in order to answer these questions. But if you’re impatient and want to find out more now, I suggest you read the new white paper: Why Wall Street Cares About Your Master Data Management Strategy.

Real-time Visibility 67

Real-time Visibility Data Networking Risk 67

Procurement Insights

SEPTEMBER 23, 2023

It also happens to be the opening comment from my latest white paper titled “Achieving Proactive Spend Management Capabilities Through Adaptive Intelligence In Real Time” (see the Interactive Viewer below to access the paper in its entirety). As always, your comments and questions are welcome.

Spend management 75

Spend management Management Innovation Data 75

Jaggaer

JUNE 3, 2020

By identifying, categorizing, and analyzing spend data, purchasing departments ar e better informed. This power has made spend data analysis a key element for many organizations. One of the largest is the struggle to customize a data analysis platform for your business. . It Can’t Be a Black Box.

Data 52

Data Procurement team Procurement Import 52

Jaggaer

FEBRUARY 18, 2020

Leverage your supplier management for maximum benefit with the white paper: How to Achieve Holistic Supplier Management. In our Holistic Supplier Management white paper we suggest using a fairly simple matrix that classifies suppliers across two axes, Relative Value and Outcome/Impact Risk. Strategic Supplier Management.

Suppliers 103

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supplier relationship management 103

Jaggaer

MARCH 2, 2020

Cyber-attack and data breach (26.1%). This is an issue we discuss at some length in our recently published white paper, Holistic Supplier Management: Orchestrating the Procurement Function for Maximum Benefit. of respondents, is cyberattack and data breach, although this only accounted for 26.1% Adverse weather (35.1%).

Risk 103

Risk Suppliers Management Supply Chain Optimization 103

ivalua

JANUARY 20, 2016

The world of manufacturing is quickly evolving, driven by production modernization, materials innovation, big data, and a new type of workforce. Mastery of big data will determine who rises to the top in terms of financial performance. It’s time to add some data experts to your teams. No manufacturing experience required!

Collaboration 100

Collaboration Risk management Risk Suppliers 100

IBM Supply Chain Blog

JANUARY 8, 2024

That data plays a crucial role in the judicial system, helping investigators, lawyers and judges fit together the circumstances surrounding a particular case in an effort to see that justice is served. Now that all pleadings are in electronic form, the data can be used in new ways.

Quantity 81

Quantity Data Management Raw materials 81

Jaggaer

SEPTEMBER 11, 2020

To learn more about the technologies that are shaping the procurement industry check out our recent white paper. . As a data-rich activity, ripe for digital transformation, procurement is primed to generate incremental value for businesses that take its development seriously. Creating a Culture of Data Excellence.

Procurement 86

Procurement Chief Procurement Officer Supply Chain Efficiency Data 86

Jaggaer

JULY 21, 2020

Learn all about the steps to take in achieving autonomous procurement in our white paper, written by Michael Lamoureux of Spend Matters. Energy giant Masdar has similarly achieved great efficiencies and eliminated paper-based processes with automated eSourcing. . Full Data Transparency. Download it now.

Procurement 102

Procurement Purchasing Suppliers Purchase orders 102

The Network Effect

JANUARY 13, 2015

Mathematicians have traditionally approached forecasting based on various time series and curve fitting techniques which create a forecast based on data such as prior sales history, drawing on several years of data to provide insights into predictable seasonal patterns. I’ll discuss these points further in future posts.

Demand 77

Demand Supply chain management Supply chain management Supply chain 77

HICX

AUGUST 8, 2024

In this white paper, we review how a dedicated supplier information management (SIM) solution adds value to a typical SAP-dominated enterprise landscape, the ways in which SIM enhances overall supplier experience, the reasons why this is important, and how a business case and evaluation of SIM in this scenario should be approached.

Suppliers 52

Suppliers Management Data Import 52

IBM Supply Chain Blog

AUGUST 16, 2023

Learn more about data center management. Data usage: Implementing data privacy and transparency practices and requesting consent for use and authorization for any data acquisition. ” Download the white paper The post IBM’s dedication to responsible computing appeared first on IBM Blog.

Ethics 54

Ethics Data Sustainability Collaboration 54

The Network Effect

JULY 17, 2015

Note this the second installment in a series of posts on how master data management affect a company’s financial health. In my first post, I explored whether Wall Street should care about your master data management strategy. . CWCS Managed Hosting/Flickr. This is where MDM comes in.

Data 54

Data Management Networking Consumer demands 54

The Network Effect

FEBRUARY 5, 2016

Today I wanted to summarize the various topics we’ve explored regarding the connection between master data management and your company’s financial health. Remember that your master data is a subset of all the data used across your applications. Master data management and the hidden costs of customer service.

Data 41

Data Management Networking Strategy 41

The Thomas Blog

AUGUST 24, 2022

We have more than 120 years of expertise in connecting industrial buyers and suppliers, and we're happy to help share all we've learned from our data and relationships over the years. If executing a new design , the buyer researches product data. Document Your Offerings With White Papers.

Buyers 128

Buyers Buying process Suppliers Sourcing 128

SCMDOJO

APRIL 22, 2022

Companies can have real-time replenishment data, fewer stock checks required, and fewer stock-outs. Data Sharing. . Trust is necessary to form SCC (Supply chain collaboration) and allow companies to take collaborative advantage by sharing resources and data. NFTs support having one single set of data for the participants.

Supply Chain Efficiency 137

Supply Chain Efficiency Supply chain Real-time Visibility Supply 137

IBM Supply Chain Blog

MAY 1, 2023

While the amount of data required is considerably more than the average person needs to transfer understanding from one task to another, the result is relatively similar. IBM’s MoLFormer-XL , a foundation model trained on data about 1.1 IBM’s MoLFormer-XL , a foundation model trained on data about 1.1

Ethics 93

Ethics Risk Data Strategy 93

SCMDOJO

JUNE 22, 2023

Providing explicit, simple-to-follow instructions can spur users to act as desired, such as finalizing a purchase, enlisting for a newsletter, or downloading a comprehensive white paper. Use these data to refine your strategies, target specific customer segments, and allocate resources more efficiently.

Supply Chain Optimization 110

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 110

The Network Effect

FEBRUARY 27, 2015

Today’s retailers and manufacturers are awash in data that more precise and available than ever before. Traditionally when choosing a platform, companies have used an ERP environment with Bolt-Ons, or a Best of Breed solution integrated through an Enterprise Service Bus sharing a common Master Data Management system.

Demand 73

Demand Networking Data Inventory 73

The Network Effect

JUNE 18, 2015

data, including POS data, to power more robust and dynamic forms of replenishment. Taking demand data and applying pattern recognition algorithms to fine tune demand for different short term periods such as week-to-week across various supply chain nodes. DSRs are designed to leverage different types of downstream. Which is best?

Demand 71

Demand Supply Chain Optimization Supply chain Supply 71

Supply Chain Brain

SEPTEMBER 29, 2020

The commodity code is arguably the most important data element in international trade. In the white paper, Jerry Peck, a global trade professional with more than 35 years of experience, describes why companies struggle with product classification, as well as common misperceptions and industry best practices.

Export 69

Export Import Data 69

HICX

NOVEMBER 29, 2023

In this white paper, we explore how onboarding and supplier information management technologies can be best utilized to overcome these challenges.

Suppliers 52

Suppliers Management Data Procurement 52

The Network Effect

MARCH 27, 2015

This map, prepared by Wonkblog and based on data by the National Bridge Inventory, shows every highway bridge in U.S. Well, here’s another amazing map that helps reveal the complex underlying infrastructure that everything we buy and consume must pass through. that is longer than 20 feet. That’s more than 600,000 bridges!

Networking 61

Networking Supply chain Inventory Data 61

ivalua

SEPTEMBER 24, 2020

Therefore, by using the supplier’s desire for payment, and good quality data, top performing organizations can achieve high levels of straight-through-processing and automation. . This is because at each step; data is gathered, suppliers are onboarded, and deliveries are accepted. What Are The Benefits of Invoice-to-Pay?

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

The Procuretech Podcast

SEPTEMBER 28, 2021

In this episode, we're going to cover some of the different use cases for AI in the procurement space, and then dive into master data as a specific case study. Using AI to Clean Procurement Data. AI can play a strategic role in the harmonisation of the data and helping to create a unique visibility.

Data 52

Data supply chain software solutions Agile and Lean Supply Chain Category management 52

Procurement Insights

OCTOBER 24, 2022

Besides talent issue, we also have a significant issue regarding data quality – or, as Rob Handfield rightfully put it, digital transformation is impossible without clean data – [link]. Reference Link: [link] Geraint John , Kate Vitasek , Geoff Talbot and Dawn Tiura. So, what does this all mean?

Strategic sourcing 64

Strategic sourcing Strategic sourcing Buyers Procurement 64

Supply Chain Brain

AUGUST 11, 2020

In this white paper, you’ll receive insights into: How command centers enable active demand management and prescriptive decision-making. How to orchestrate business performance by breaking down silos and providing fast access to meaningful data. The benefits of technology underpinning shock-resistant supply chains.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Demand e2e Supply chain 49

The Network Effect

DECEMBER 23, 2014

From an infrastructure perspective, demand sensing platforms must scale to process the high volumes of data associated with hundreds of thousands of item and location combinations every day. If you’re impatient though, I suggest you read the new white paper, What is Demand Sensing? The post What is demand sensing?

Demand 72

Demand Networking Inventory Suppliers 72

The Network Effect

JULY 1, 2015

With full execution control, is possible to actually reallocate both mix and volume for product that is in motion during replenishment, which is especially important given that we are now able to react to store level inventory and POS data updates within physical shipment lead times based on today’s rapid replenishment programs.

Networking 68

Networking Supply Inventory Inventory planning 68

The Network Effect

APRIL 2, 2015

Edwards Deming was once quoted as saying, “Without data you’re just another person with an opinion”. Access to retail data, down to the item, store, day, and shift level is powering a new level of decision-making which will completely transform business processes in areas such as demand, replenishment, promotion, and new product planning.

Supply chain 62

Supply chain Consumer demands Networking Supply 62

IBM Supply Chain Blog

OCTOBER 31, 2023

Delays may occur due to compute market bottlenecks, the authorization of new data center resources, and the construction of electrical, cooling and power infrastructure. Even for large companies with substantial on-premises data centers, quickly meeting the demand for expanded data centers necessitates external assistance.

Contract 84

Contract Quantity Data Demand 84

Supply Chain Game Changer

AUGUST 6, 2020

An identified knowledgeable approach, best-fit to the challenges caused in switching from an as-is to to-be model is proposed in Digital Twinning where the roughness of data utilized or gathered is proportionate with the problem statement under study. Data Driven Supply Chain Innovation with Digital Twinning.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

Procurement Heads

MAY 9, 2023

I ended up in a temp job with a cycle manufacturer, basically just data entry within the supply chain. Unlike blockchain, I think this one could benefit all procurement functions In every white paper, and every LinkedIn article you see the virtues of automation. I guess from our side we are no different from everybody else.

Risk 130

Risk Procurement Sustainability Supply chain 130

Procurement Heads

MAY 9, 2023

I ended up in a temp job with a cycle manufacturer, basically just data entry within the supply chain. Unlike blockchain, I think this one could benefit all procurement functions In every white paper, and every LinkedIn article you see the virtues of automation. I guess from our side we are no different from everybody else.

Risk 130

Risk Procurement Sustainability Supply chain 130

Procurement Insights

DECEMBER 13, 2024

Integrated Reasoning with LLM Inputs: By combining reasoning abilities with inputs from Large Language Models (LLMs), the agents can interpret natural language directions from employees, autonomously pull relevant data, and interact directly with both internal systems and external stakeholders.

Supply Chain Efficiency 59

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Supplier relationship management 59