In the Bronx, NY in April of 1998, it was the best of times, and it was the worst of times. The Yankees had won a World Series two seasons prior and had started their 1998 season with their young shortstop, Derek Jeter, on his way to his first All-Star game. The Yankees would win […]
Supply Chain
Measure Twice, Cut Once. Plan Twice, Build Once
In our first blog in this series, Blockchain: The Secret Sauce to Supply Chain Visibility, we covered why visibility is so crucial in the supply chain for all parties and gave examples of firms using distributed ledgers to help improve customer service, reduce inventory costs, provide proactive status updates, and help mitigate risk. Per our […]
Starting Down the Road to Supply Chain Visibility
In the last blog in this series, Blockchain: The Secret Sauce to Supply Chain Visibility, we covered why visibility is so important in the supply chain for all parties and gave several examples of firms using distributed ledgers to help improve customer service, reduce inventory costs, provide proactive status updates, and even help mitigate risk. […]
Blockchain: The Secret Sauce to Supply Chain Visibility
In “Behind the Golden Arches” by John Love, the author shares an anecdote of how in the early days of McDonald’s, the company was having cashflow problems despite its being a significant source of revenue for many farmers. In a meeting with a particularly large farmer who had made significant money from selling tomatoes, lettuce, […]
Pandemic Car Buys, Rising Interest Rates, and High Gas Prices: A World of Hurt for Lenders
It really is a mixed up, muddled up, shook up world. It seems like everyone in 2021 took out a loan on a new car, even though we all knew supplies were low and demand was high. As the Financial Times pointed out: “Americans went shopping for cars in a big way during the pandemic. […]
Data Conversions to Oracle Cloud Supply Chain Management is as easy as 1 – 2 – 3
Implementing enterprise-level software has its challenges. Traditionally, a few of the most demanding and challenging milestones of an implementation project have been the conversions and integrations. Oracle has been quite generous about open “import” interfaces in E-Business Suite (EBS). The new generation of Oracle’s enterprise software solution, Oracle Fusion, especially Oracle Cloud Supply Chain Management […]
Welcome to Oracle Cloud Cost Accounting
Oracle Cloud Cost Accounting and Receipt Accounting (Costing) provide great improvements over the older Oracle tech stack, also known as the E-Business Suite (EBS) solution. Organization structure and period close Cost Organizations and Profit Center Business Units are new concepts in the cloud that gives the opportunity to track “inter business unit” profits and classify […]
Industry Slant // Bob Vanek Talks Denver, Reverse Logistics, Baseball
Bob Vanek is the chief strategist for Perficient’s supply chain practice. He has more than 20 years of experience managing project delivery across various industries and consulting environments. Denver & Dentists Madeline McDermott: Where were you born? Bob Vanek: Fort Dix, New Jersey. MM: Where did you go after? BV: When I was about six […]
The Importance of Inventory Transparency in Building Customer Confidence
Perficient and Reuters Events recently hosted a virtual roundtable about how inventory transparency boosts consumer confidence. Industry experts Karie Daudt and Justin Racine, Directors of Commerce Strategy at Perficient, facilitated the discussion which featured eleven panelists from different enterprise brands including Lowe’s, Staples, Uber, and Fastenal. Each panelist discussed how their organization is using inventory […]
Despite Supply Chain Challenges, Automotive Innovation Will Drive Ahead in 2022
It’s not news that 2021 wasn’t an easy year for the automotive industry. While online car sales jumped from less than two percent to around 30 percent, chip shortages and other supply chain issues left many car dealerships with extremely low inventories and longer-than-usual wait periods. But the woes have not slowed down innovation; here […]
How to Navigate the Supply Chain Mess
Have you visited your local Starbucks recently, anticipating the delightful first sip of your favorite coffee or tea only for the barista to tell you they can’t make it due to supply shortages? Or, maybe you’ve been in the market for a new car, but every dealer you’ve spoken with says you’d have to place […]
The Evolution of the Modern Supply Chain
BWG recently conducted a survey of 55 executive management and professional supply chain businesses, and, together with Perficient and IBM, have published findings in the report Supply Chain Modernization During the Pandemic and Beyond. The findings analyze how the global supply chain has drastically changed over the last year and a half because of Covid-19. […]