Remove 2012 Remove Inventory Remove Procurement Remove Supply Chain Software
article thumbnail

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

We stubbed our toe in supply chain management at the beginning of the decade. Facing The Issues of Supply Chain Performance. As I work through this year’s Supply Chains to Admire , I cannot help but shake my head. The black veil of the pandemic is a supply chain wake-up call to build better.

article thumbnail

When It Comes to Planning, Please Vote with Ike!

Supply Chain Shaman

Over the last decade, the organization grew larger and more political in the journey from regional to global supply chain structures. I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Recognizing Culture at the 2020 Atlanta Supply Chain Awards

Demand Solutions

But what if I told you that establishing supply chain planning and procurement processes also helps your company's culture, would you believe me? This past March, Tim Carroll, Product Availability Team Captain at AutomationDirect, was presented the 2020 World-Class Culture Award at the Atlanta Supply Chain Awards (ASCA).

Atlanta 173
article thumbnail

The role of inventory management and inventory optimization in ERP

SYSPRO Smarter ERP

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

article thumbnail

A New Decade: Give Science A Chance

Supply Chain Shaman

When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. Days of Inventory Comparison. I was wrong.

article thumbnail

Supply Chain Analytics: What It Is and Why It Matters

QAD

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. What is Supply Chain Analytics? Supply chain analytics makes it possible for businesses to collect data, analyze that data, and make informed decisions.

article thumbnail

When the Rubber Hits the Road

Supply Chain Shaman

The supply chain team’s past thirty-two months of disruption were a long, winding road full of surprises. In this volatile world, efficient procurement led by a CFO is not the answer. Results in the Automotive Industry for the period of 2012-2021. Multi-tier inventory management by itself was not sufficient.