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Why Integrated Business Planning Gets Tougher as Complexity Grows
Many organizations have adopted integrated business planning (IBP), but these organizations often don’t realize its full potential. IBP takes sales and operations planning to the next level by incorporating finance and senior leadership. APQC recently asked Dean Sorensen of IBP Collaborative…
How Organizations Manage Product Costs
Anyone involved in designing and producing products knows that there are multiple priorities when releasing something new. You not only have to make sure your development project launches on time and on budget, but you also have to make sure that the manufacturing of the product is as cost…
Best Practices for Fueling Supply Chain Efficiency
APQC recently spoke with Alaster Love, Vice President of Oil and Gas for Transplace, about best practices for fueling supply chain efficiency. Love has been in his role for two years and is responsible for all of Transplace’s commercial efforts. He works with exploration and production (i.e.,…
Analytics Maturity: Getting the Intersections Right
In any organization, during the early stages of building analytical muscle, there will be competing views on what the maturity ladder looks like. To sort out what’s what, start with a common language for describing how analytics will serve strategic aims of the enterprise as a whole. Avoid being…
Straight Out of Supply Chain- Supply Chain Priorities for 2016
In January of this year, APQC’s supply chain management research team conducted an annual survey to understand the state of supply chain and its future. The majority of participants in that research have some degree of positivity about the future strategy and direction of their organizations’…
When Millennials Rule Supply Chain
As supply chain organizations prepare for impending retirements, there is a growing interest in looking at new ways to attract talent to the supply chain profession. As part of APQC’s Attracting Talent to the Supply Chain research, APQC has been speaking to supply chain professionals about their…
Eagerly Anticipating My First Data and Analytics Pilgrimage
As part of my professional plan this year, one of my goals is to increase my expertise in the area of analytics. That’s why I decided to ask my manager to send me to an analytics conference. What better way to bolster my analytics knowledge than to surround myself for 48 hours with world-renowned…
How the Internet of Things and Big Data Impact the Supply Chain
Big data and Internet of Things (IoT) are changing how organizations are operating their supply chains. Organizations are learning new ways to collect, share, and use data to understand their customers and make better strategic business decisions. Eighty-six percent of respondents rate data and…
Supply Chain Management Priorities for 2016
We’re already in the second month of 2016. Budgets and strategies are set for the year, which means organizations have set the tone for how the next few months will play out. What do supply chain management professionals think about the direction their organizations are taking in 2016? APQC is…
So “Algorithm” Is NOT a Musical Term? The New Vocabulary of Analytics
What’s the first thing that pops into your head when you hear the phrase “data and analytics”? For me, it’s numbers. Numbers being crunched, twisted, and spit out by a large mainframe computer in a heavily air-conditioned room. What did you think about? As APQC kicks off its data and…