article thumbnail

How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

Manufacturers may not think they have much in common with the retail companies beyond producing the products that stock store shelves, but there could be a lot to learn from the latter as the manufacturing headwinds of the last few years carry into 2023. and bring inventory accuracy up to an impressive 99.9%.

article thumbnail

Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. A manufacturing capability is not ubiquitous.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. Sales and Operations Maturity Model from 2005-2008. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Let me explain. Mistake #3.

S&OP 195
article thumbnail

ToolsGroup and Optilon Celebrate 15 Years (and Counting) of Partnership and Supply Chain Delivery Excellence

ToolsGroup

Combining world-leading technology with Nordic expertise, Optilon takes a holistic approach to planning and optimization for both retail and manufacturing companies, implementing market-leading solutions and processes. Optilon was founded in 2005 and is today active throughout the Nordic region with offices in Sweden, Denmark, and Finland.

article thumbnail

Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The supply chain has two important buffers–inventory and capacity. The reason?

article thumbnail

Hurricane season 2024: how to prepare your supply chain

Resilinc

1 Production delays Manufacturing facilities in the hurricane’s path may be damaged or forced to close, leading to production delays or stoppages. Power outages and infrastructure damage during hurricanes can have cascading effects on the supply chain, such as disruptions to manufacturing and distribution. Gulf Coast in August 2005.

article thumbnail

Alternative Protein: A Food Manufacturers Guide [+ Case Study]

Unleashed

Food manufacturers will find new opportunities in the alternative protein market as consumer demand surges for non-meat proteins: insect, plant and algae-based products, and ‘lab meat’ cultivated from animal cells. The demand for alternative proteins has surged in recent years, creating an opportunity for food manufacturers.