Supply chain disruptions can have a higher impact on smaller manufacturers. How can you keep up with Fortune 1000 companies?
In the fiercely competitive landscape of manufacturing, companies with revenues ranging from $50 to $250 million often find themselves under pressure from both smaller and larger competitors. This article explores the competitive pressures faced by manufacturers in this revenue range and provides insights into effective strategies for mitigating these factors.
Do you fall into the gray area of companies who require advanced planning capabilities but lack the resources of larger companies? Arkieva+ is for you.
Now is the time to ask “what if” we enhanced our forecasting with technology that can work with or replace Excel?
Digital transformation has been a prime area of focus over the last 10 years. Arkieva+ is our answer for smaller businesses looking to implement a SaaS solution.
Senior leadership engagement, business process analysis, and proper communication ensure a successful supply chain transformation.
Investing in SCM Technology: Sense and Respond – A Vision from A Long Time Ago in A Galaxy Far, Far Away
Having a vision of the future is important to help coordinate SCM initiatives towards the “global good” – but having a vision is worthless without effective work in the trenches. In fact, a far better vision is “sense and respond” SAR which moves an organization from a big bang paradigm periodic driven approach that currently dominates SCM even in best in class organizations to an “as needed” basis.
Before the current set of analytics and SCM experts, it was the OR/MS profession that drove the development and successful application of analytic and data methods to improve supply chain performance. INFORMS continues to lead in the ongoing challenge of more intelligent and responsive supply chains. In this blog, we will point out some keynote addresses from the current meeting of relevance to successful SCM technology investments.
“Chaos, complexity, and uncertainty” often victimize an organization’s supply chain outstripping the ability of spreadsheet-based tools to respond intelligently. Sounds like 2020? In fact, this comes from one of the original Jedi Knights Dr. Harlan Crowder in a 1997 paper titled “Helpful Hints for OR/MS Consultants”. The purpose of this blog is to revisit this paper since the hints for success are as relevant now as they were then.
The purpose of a vision in this journey is to create a focus on the implementation of decision technology as tools to overcome inherent organizational cognitive limitations of bounded rationality and uncertainty bias to improve SCM. This blog provides some critical lessons to protect a firm’s investment in technology.