It does not seem to consider a key indicator in days inventory on hand, which is key to determining a SC company's ability to forecast, manage inventory costs and reduce aged stock. I feel this ranking misses the mark in SC. Project Commercialization Manager, Mondelez Without knowing the results of all these supply chain calculations the there must be a question as to the accuracy of the 25 top supply chains. Where is a firm's earnings over a period of time determined by sales less product costs and general/adminsitrative costs? Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial? Where are these supply chain metrics: on-time delivery, lead time, response time to customers, product returns, procurement costs, network distance, inventory carrying costs, forecasting accuracy, sourcing time, etc. But supply chain managers make decsions and use organizational resources that impact a company's financial well being. Financial performance metrics are valuable as they capture the economic consequences of business decisions. If we limit the standard on judging or determining the best supply chain to just three calculations it does not tell the entire picture. Schneider is very correct about his call to "put it in writing". This can also be compiled and used to teach future new team members. It provides inputs for better decisions on related situations in the future.Ħ. The documentation can be useful historical data for any future endeavor. There will be a document to refer to at any time by any one who needs clarification.ĥ. Not to belittle the element of trust among parties involved, it is always safest to have tangible proof of what was agreed on.Ĥ.
This is further enhanced by having all parties involved sign off on a hard copy or confirm via reply email.ģ. This will ensure that all parties concerned confirm the details of the agreements as correct.
Everyone can read to review and correct anything misunderstood. There are lots of people types who need something visual to improve their understanding.Ģ. Everything is better understood between parties involved. Here are some general benefits (only some) of "putting in writing":ġ. This "putting in writing" can also be used for almost anything else. I am a firm believer of the many benefits of putting everything in writing and I try to teach it to as many people as I can. I have always lived by "put it in writing" all my work life. Same with supply planning, which has been aound for more than two decades.įind where your current or desired planning tools are ranked - for better or worse.Īny reaction to our Supply Chain Graphic of the Week? Let us know your thoughts at the Feedback button below. Not quite sure why "integrated business planning" is rated as heading its way down the slope. "CORE" is on its way to deliversing real value - now we just need to know what it means. Just what is "respond planning?" Don't know, but apparently it is near its max hype. SCDigest must confess we haven't heard off all of these. Gartner Supply Chain Planning Technologies Hype Cycle The 2021 Supply Chain Planning Hype Cycle is shown below.
The Hype Cycles are meant to place various technologies in a given area on a sort of oddly shaped maturity curve.Īs with all Hype Cycles, Supply chain plannng one tracks technologies/solutions from their rise up from introduction to maximum hype, after which comes the dreaded "Trough of Disillusionment," as reality meets the hype and users are disappointed at the results.įor some ultimately beneficial technologies, progress is then made during the "Slope of Enlightenment" phase, and for some subset of those eventual widespread adoption as they reach the "Plateau of Productivity." Supply Chain News Bites Supply Chain Graphic of the Week: Gartner Hype Cycle on Supply Chain Planning TechnologiesĪlways an Interesting Look at What Technologies are Delivering Consistent ValueĪt Gartner's recent all virtual Supply Chain Executive Symposium, analyst Tim Payne led a session on Gartner's famous "Hype Cycle" analysis for supply chain planning-related technlogies.