Supply Chain Analytics
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Why Supply Chain Analytics Matters

Why Supply Chain Analytics Matters | Supply Chain Analytics | Scoop.it
Dustin Mattison's insight:

Supply Chain Analytics puts the Supply Chain Manager in the drivers seat of their company.

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The Culture Change Needed for an Analytics Supply Chain

The Culture Change Needed for an Analytics Supply Chain | Supply Chain Analytics | Scoop.it
Why are companies still finding themselves short of the right data to answer key business questions?
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Why organizations fail - Fortune Management

Why organizations fail - Fortune Management | Supply Chain Analytics | Scoop.it
We have hired and promoted generations of managers with robust analytical skills and poor social skills, and we don’t seem to think that matters.

Via Athanasios Triantafyllakis
Dustin Mattison's insight:
We have hired and promoted generations of managers with robust analytical skills and poor social skills,
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Athanasios Triantafyllakis's curator insight, October 24, 2013 7:46 AM

Social activity matters more than we have realized. For example, being socially connected is literally as good for your health as quitting smoking

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The Role of Analytics in the Race for the Supply Chain of the Future

The Role of Analytics in the Race for the Supply Chain of the Future | Supply Chain Analytics | Scoop.it
My research shows that today, nine out of ten companies are stuck on improving supply chain performance. There are two major issues: the understanding of the supply chain as a complex system and the effective use of data.

Via Tony Shan
Dustin Mattison's insight:

Managing the trade-offs of inventory, customer service and costs of supply chain source, make and deliver needs to be done but the systems are not aligned to help managers to understand the inter-connectedness.

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Why CFOs need to rethink approach to supply chain - Supply Chain Standard

Why CFOs need to rethink approach to supply chain - Supply Chain Standard | Supply Chain Analytics | Scoop.it
Why CFOs need to rethink approach to supply chain Supply Chain Standard Some 83 per cent of finance business partners and 87 per cent of supply chain business partners agreed that data and analytics present CFOs with an opportunity to drive a more...
Dustin Mattison's insight:

data and analytics present CFOs with an opportunity to drive a more collaborative, business partnering relationship.

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Companies with strong “business partnering” report stronger results - The FINANCIAL

Companies with strong “business partnering” report stronger results - The FINANCIAL | Supply Chain Analytics | Scoop.it
Companies with strong “business partnering” report stronger results The FINANCIAL Through this collaboration, the CFO can support the supply chain leadership in ensuring greater alignment with corporate strategy, better investment decisions, better...
Dustin Mattison's insight:

Supply Chain Analytics can help businesses who are forming business partnerships and collaborating across organizational silos. Actually, I think new measures are needed for supply chains when business partnering is being conducted. 

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Rescooped by Dustin Mattison from Supply chain News and trends
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Supply Chain By Design: Using Optimization to Compare Facilities or Internal Benchmarking

Supply Chain By Design: Using Optimization to Compare Facilities or Internal Benchmarking | Supply Chain Analytics | Scoop.it
If your Supply Chain has Many Different Facilities, you May be able to Find Value with Internal Benchmarking

Via Ricard Lloria
Dustin Mattison's insight:

Analyzing and benchmarking your internal supply chain is job no one should leave to inexperienced workers. How do you find the right talent to do this job?

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Advanced Analytics in Supply Chain. What is it and is it better than Non Advanced Analytics

Advanced Analytics in Supply Chain. What is it and is it better than Non Advanced Analytics | Supply Chain Analytics | Scoop.it
Defining the Field of Analytics by Breaking it Down into Three Categories...

Via Cinatis, Mercor
Dustin Mattison's insight:

"analytics is the ability to use data to make better decisions." 

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Rescooped by Dustin Mattison from Supply chain News and trends
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5 supply chain metrics you need to watch | Healthcare Finance News

5 supply chain metrics you need to watch | Healthcare Finance News | Supply Chain Analytics | Scoop.it

Supply chain analytics can be quite the equation to solve for hospitals. Big data is king in the healthcare industry but if the proper measurements are not being taken, the equation can be foiled.

Karen Conway, director for industry relations at Global Healthcare Exchange (GHX), a heathcare supply chain management company, talked to Healthcare Finance News to offer five measurements the healthcare industry needs to pay attention to while tracking supply chain analytics.


Via Ricard Lloria
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9-Step Supply Chain Analytics (Infographic)

9-Step Supply Chain Analytics (Infographic) | Supply Chain Analytics | Scoop.it
An infographic depicting a 9-step analytics methodology to transforming your supply chain.
Dustin Mattison's insight:
Analytics have always played a very important role in Supply Chain and Operations, but many companies have always struggled with where and how to use these analytics.
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Supply Chain Analytics: What is it and Why is it so Important? | The Lean Supply Chain

Supply Chain Analytics: What is it and Why is it so Important? | The Lean Supply Chain | Supply Chain Analytics | Scoop.it
Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever increasing customer expectations.
Dustin Mattison's insight:

Supply chain analytics is important because of the following drivers: 1. rising fuel costs, 2. the global recession, 3. supplier bases that have shrunk or moved off-shore, as well as 4. increased competition from low-cost outsourcers. 

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Big Data Analytics Projects Start with Taking In-House Data Inventory

Big Data Analytics Projects Start with Taking In-House Data Inventory | Supply Chain Analytics | Scoop.it
Companies looking to drive decision making with big data analytics must first understand what data they currently have.

Via beyondthearc
Dustin Mattison's insight:

Companies often have “dark data,” or data that’s being stored and not used, or was only used in a single report. - See more at: http://data-informed.com/big-data-analytics-projects-start-with-taking-in-house-data-inventory/#sthash.Lk11CuXt.dpuf

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Rescooped by Dustin Mattison from Supply chain News and trends
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EBN - Lalit Wadhwa - Get Supply Chain Analytics on Your Roadmap

EBN - Lalit Wadhwa - Get Supply Chain Analytics on Your Roadmap | Supply Chain Analytics | Scoop.it
Technology plays a critical role in assimilating large and complex data sets from upstream and downstream members of the value chain, analyzing it and modeling it to optimize the supply chain.

Via Ricard Lloria
Dustin Mattison's insight:

Understand the data within the enterprise that can be leveraged to make better operational decisions. 

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How lowering costs is the new disruption - VentureBeat

How lowering costs is the new disruption - VentureBeat | Supply Chain Analytics | Scoop.it
How lowering costs is the new disruption
VentureBeat
They allow owners to get a higher return on existing inventory with zero capital expenditures.
Dustin Mattison's insight:

Breakthroughs in predictive technology are driving lower overhead costs, making companies increasingly competitive.

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12 Steps to Benchmarking Anything in Your Supply Chain [Infographic] - Global Freight, Logistics and Supply Chain Tips and Articles - The Xeneta Blog

12 Steps to Benchmarking Anything in Your Supply Chain [Infographic] - Global Freight, Logistics and Supply Chain Tips and Articles - The Xeneta Blog | Supply Chain Analytics | Scoop.it

In an opaque industry like the shipping industry; knowing how you’re performing as a freight buyer or seller in the market is key to survival and profitability. Plenty of behind the scenes grunt work and strategizing take place (most of which goes unnoticed) in order to keep the players in the shipping industry in tiptop shape. One easy way to start benchmarking your ocean rates is with our service, a comparison engine that lets you compare your ocean freight rates to the market average and best in class rates. It covers thousands of trade lanes in Europe and Xeneta’s user base already includes prominent freight forwarders and freight buyers who have been able to cut their sea freight prices by more than 30 percent. They now actively use Xeneta to benchmark their suppliers against the market.

Want to learn how to reduce your ocean freight rates with Xeneta? Schedule a free demo today with one of our sea freight experts. 

 

 


Via Ricard Lloria
Dustin Mattison's insight:

This is a useful 12 step process for benchmarking

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Midsize Insider: Business Analytics Among IT Skills Expected to Be in High Demand in 2014

Midsize Insider: Business Analytics Among IT Skills Expected to Be in High Demand in 2014 | Supply Chain Analytics | Scoop.it
Practical Perspectives for the Midsize Business. Brought to you by IBM.

Via Thomas Faltin
Dustin Mattison's insight:

Supply chain analytics expertise is high in demand but does your business have the talent in-house? 

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Rescooped by Dustin Mattison from Supply chain News and trends
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The Culture Change Needed for an Analytics Supply Chain

The Culture Change Needed for an Analytics Supply Chain | Supply Chain Analytics | Scoop.it
Why are companies still finding themselves short of the right data to answer key business questions?

Via Ricard Lloria
Dustin Mattison's insight:

Can you be effective with supply chain analytics if you don't understand your organizational culture? Organizational learning is the study of the gap between how we think our organizations work and how they actually do work.

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