An article by Nari Viswanathan, Vice President of Product Management for River Logic, was recently featured on Supply Chain Management Review. In this article, Nari discusses the fact that Supply Chain in particular has been slow to adopt advanced analytics capabilities, mainly due to their apprehensiveness around replacing existing systems. However, Nari makes the argument that, given recent advancements in technology, data and more, it's now easier than ever for Supply Chain leaders to embrace the change that their companies are so greatly need. Below is a blurb from Nari's article. The full article can be accessed on Supply Chain Management Review.Read More
The Corporate Planning and Performance Management technology market space is quickly growing, with many niche players and newcomers continuing to develop solutions in the space. Unlike Supply Chain solutions, which are still largely dominated by a few major players (despite their often inferior solution offerings), the corporate planning software market is not dominated by the typical large software vendors like SAP, Oracle and IBM.Read More
Get $425 off: Use Code SCESP20
This year, we are proud to announce that we will be a Platinum Sponsor at Gartner's Supply Chain Executive Conference, held May 23-25, 2017 in Phoenix, AZ. Join seven of our team members — including our President, VP Partners and VP Sales — for three days of supply chain technology innovation!Read More
DALLAS, March 27, 2017 -- River Logic today announced its new partnership with Barkawi Management Consultants (Barkawi), a specialized strategic and management consulting firm focusing on helping clients improve the performance of their supply chain and aftersales service operations. Barkawi's client base includes global blue chip companies such as Daimler, Siemens, Coca-Cola, and Lufthansa.Read More
Figure 1. Role of Prescriptive Analytics in Next Generation Decision Support
There is a new technology revolution in the making with the explosion of Internet of Everything, Machine Learning, self-driving cars, etc. This conjures an image of large scale automation of decisions based on real-time information. This is a vision that is applicable to the supply chain world as well. However, one important aspect has to be understood by everyone: the brain behind the success of a self-driving car is really the algorithms behind it that determine the best route to follow and if there are hurdles along the way (accidents, detours, etc.). The ability to recalculate the best route becomes crucial. In other words, algorithms are a key enabler of this utopian vision of high levels of automation.Read More
We welcome Ashutosh Bansal, Founder and CEO of GitaCloud, as a guest blogger for this two-part series on IBP in Pharma.
This is a blog post to evaluate the Pharmaceutical Industry. Specifically, we’ll be discussing its challenges in managing high complexity levels and recommended strategies to deal with them. In part one of this two-part series, I’ll review:
- Current supply chain performance benchmarks in the Pharmaceutical industry
- Pharmaceutical Supply Chains, in general
- Key issues in the Pharmaceutical industry
Effective communication is a vital component to successful supply chain management, yet an alarming amount of businesses have no official communication plan in place to guide their employees. On top of this, supply chain managers are rarely trained in communications and end up taking a very laissez faire attitude towards the entire process.
To understand why this is a problem, stop and consider the effects of bad communication. The number one result is decreased efficiency through wasted time, money and resources. Other effects include decreased worker morale, public relation problems and missed opportunities for innovation, among other things.Read More
One of the best ways to develop skills in a specific area is to emulate the habits of people who have already attained success in that field. This is as true for supply chain management as it is for sports. The goal of this post is to examine the opinions of some of the world’s top supply chain leaders in order to empower future / up-and-coming leaders in the space.
These leaders were not chosen at random. Gartner recently released their 2016 Supply Chain Top 25 list, which ranks businesses based on the success and efficiency of their supply chains. The first three lessons come froRead More
The largest, most successful companies are rapidly adopting initiatives focused on improving the sustainability of their supply chain. Among the leaders are companies like Kimberly Clark who is rolling out extensive, multi-year programs around energy and climate, fiber sourcing and responsible forest management, waste and the circular economy, corporate social compliance, etc. Such companies see the value in sustainability programs — and they'll be the ones to gain a competitive advantage for it.Read More