Remove 2004 Remove Eliminating Excel in Purchasing Remove Inventory Remove Procurement Analytics
article thumbnail

Untangling The Tangled Web We Weave

Supply Chain Shaman

The year was 2004. I was working on a report on the Multi-Enterprise Inventory Management (often termed MEIO) and I challenged Pete. Was it that Kraft was not clear in its definition of supply chain excellence (which was true) or not clear on how to best use the system (which was also true)? Rise in Inventories.

article thumbnail

Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Throwing Down the Gauntlet

Supply Chain Shaman

Hau L Lee, Triple-A Supply Chains, Harvard Business Review, October 2004. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. However, no company in this chart is on a linear path towards improving both margin and inventory turns. What can we learn?

article thumbnail

Demand Planning. When The Answer To Two Simple Questions Is Not So Simple.

Supply Chain Shaman

The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving. (The The team was not calibrated on the role of forecasting and the basics around process excellence. Models Matter.

article thumbnail

Top 2016 Supply Chain Strategy Posts from the Supply Chain Link Blog

Arkieva

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

article thumbnail

Selling on Shopify for Beginners: Sourcing, Designing, and More

ShipBob

In 2004, three business founders attempted to build an online snowboarding equipment store, but they ended up being dissatisfied with the platforms available on the market. It’s also a great foundation for a strong online marketing strategy as it provides premium marketing tools, such as SEO features and advanced ecommerce analytics. .

article thumbnail

The Future of Retail Technology

Repl Group

It took just three years from its inception in 2004 for Facebook to achieve its first 100,000 business pages.Today, that number is 60 million. . They invested in: systems that link real-time customer information to point of sale so staff have customers’ details to hand providing excellent service every time. Retail Dinosaurs.