Manufacturing

Process and discrete manufacturing

Direct Materials P2P — Part Two: Relationship-Intensity

In our research on direct materials Procure-to-Pay (P2P) processes, we saw tremendous variation between industries or types of companies regarding how they execute P2P. One major difference is the level of ‘relationship-intensity’ for P2P processes, i.e., how much person-to-person negotiation and dialog is required at each stage of P2P for each industry.

Thriving in the Age of Uncertainty – Part Three

We explore various strategies for obtaining supply chain resilience, including mapping and monitoring the multi-tier supply chain, the use of supply chain finance, and building adaptability into physical infrastructure, systems, processes, and people.

Thriving in the Age of Uncertainty – Part Two

We explain specific advanced tools and practices for dealing with demand-supply uncertainty, including probable forecasting, capacity and consumption commitment contracts, real options as risk mitigation strategies, and hedging strategies.

Thriving in the Age of Uncertainty – Part One

The past two years have brought nearly uninterrupted volatility, disruption, and uncertainty, which we expect to continue for the foreseeable future. How individuals and companies deal with this ongoing unpredictability will determine their mental, physical, and financial health in 2022 and beyond. Here we provide a framework for companies to thrive in this new age of uncertainty.

Multifaceted Businesses: Part One – Evolving Business Models

Manufacturers and wholesale distributors are evolving from primarily or exclusively selling physical products, to more diverse business models, providing a variety of services and outcomes. Here we discuss what is driving this evolution, including the emergence of the Outcome Economy.

Revving up the Engine of Growth at SuiteWorld 2019

NetSuite has seen healthy growth since they were acquired by Oracle. At SuiteWorld, we heard about their strategy to continue to accelerate that growth, leveraging Oracle assets, ongoing micro-vertical focus, use of machine learning in their control tower, launch of Brainyard and benchmarking, and more.

FORGET THOSE FUNNY GLASSES

Although many people think of Augmented Reality as a game—ride the Tour de France or ski the Himalayas, augmented reality has genuine practical applications for challenging supply chain tasks.

IoT: From Hype to Adoption – Part Two

We continue our look at how small and medium manufacturers and wholesale distributors are implementing IoT. Here, we examine how they are incorporating IoT into products and using it to create value-added services. We conclude with a discussion on the enablers including analytics, unified billing and revenue recognition, ERP system requirements, brownfield integration, and IoT security.

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