Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. How do they buy from you? How do they buy from you?” I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) The reason?

Procurement Analytics 349

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 349

GlobalTranz

FEBRUARY 16, 2016

In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Suppliers can sometimes absorb direct logistics costs. Try a velocity layout.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

MIT Supply Chain

NOVEMBER 13, 2023

In my 2014 piece, I argued that educators need to play a role here and pointed to the planned launch in 2015 of the groundbreaking MITx MicroMasters® Program in Supply Chain Management online program as an example of what educators can contribute. It has become apparent that accounting for Scope 3 emissions is a very tough nut to crack.

Supply Chain Planning Software 97

Supply Chain Planning Software Modeling Purchasing Skills Supply Chain Software 97

Supply Chain Game Changer

AUGUST 21, 2019

This hybrid model marries the digital and brick-and-mortar retail experience for a seamless and streamlined customer transaction. It is also sometimes known as “buy online, pick up in store”, or BOPUS for short. In the UK, the click and collect model is particularly popular with experts predicting that usage will double by 2025.

Purchasing Training 52

Purchasing Training Cost Reduction Strategies Resource Reduction Purchasing Skills 52

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. “The net true cost considers issues such as waste-to-landfill, greenhouse gas emissions, economic mobility, worker safety and food safety. .” Low prices benefit customers, but low true costs benefit everyone.”

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Supply Chain Shaman

AUGUST 26, 2015

” CNN Money Watch, August 12, 2015. Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Supply Chain Shaman

JANUARY 27, 2015

Most leaders do not know the cost of complexity with the increase of items; and instead of introducing variety to the shopper, many companies have confused the shopper resulting in the purchase of more compelling, less complex product portfolios. This requires analytics that can learn and adapt as markets shift.

Supply and Demand 150

Supply and Demand Supply Chain Planning Software Forecasting Supply Chain Software 150

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Pioneered the use of vendor-managed inventory.

Inventory Reduction 102

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 102

Unleashed

OCTOBER 4, 2020

It ensures consistent repeat purchases over time, regardless of price, convenience or even a global pandemic. Corona’s ‘do nothing’ strategy appears to have paid off — Brand Finance Annual Report in August 2020 named Corona as the world’s most popular beer brand. Brand loyalty is a key factor in customer retention.

Sourcing Strategies 82

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 82

Vinculum

OCTOBER 5, 2021

It may be an excellent time for merchants to consider D2C channels now that this space isn’t going anywhere but up. D2C is also set to enjoy the lion’s share of eCommerce growth as consumer preferences shift toward convenience and ease of purchase. MYTH: To start selling, direct sellers must purchase their inventory.

Purchasing Skills 52

Purchasing Skills Eliminating Excel in Purchasing Procurement Analytics Inventory Reduction 52

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Performance on the Supply Chain Metrics That Matter.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Tompkins Blog

APRIL 29, 2014

Learn more about aligning strategies by downloading Tompkins Supply Chain Consortium’s report Aligning Supply Chains with Business Strategy.). Source: Kantar Retail Analysis. The growth of actual online sales from online purchases between 2012 and 2017 will only grow from 7.7% Fastest Growing Channels of B2C Sales.

Real Estate 66

Real Estate Material Savings Price Reduction Sourcing Strategies 66

Supply Chain Shaman

JUNE 29, 2016

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. This is a missionary buying market where taxonomies and technologies are not clear.

Supply Chain Network Software 155

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 155

QAD

SEPTEMBER 15, 2022

Source: Corning; Gary P. Pisano, "You Need an Innovation Strategy," June 2015. Users of Google apps were looking for low cost and collaboration over the exhaustive features offered by Microsoft Word and Excel. Polk & Co was a data analytics company that specialized in automotive data. Polk & Co.

Innovation 85

Innovation Modeling Software Analytics Software Purchasing Skills 85

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. What can often look like compliance in APO could actually be numbers calculated in Excel and posted into the SAP system.

Demand Planning Software 261

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 261

Unleashed

DECEMBER 19, 2018

Multichannel selling allows customers to shop and purchase through whichever channel they prefer. Each channel offers a separate opportunity to interact with the brand and make purchases. To understand the B2B eCommerce model, let’s break it down to its components: the business-to-business part, and the eCommerce part.

Manufacturing Procurement 60

Manufacturing Procurement Modeling Software Sourcing Strategies Price Reduction 60

NC State SCRC

DECEMBER 28, 2015

This creates a “double whammy” effect, in that digitization is driving up the need for analytics but to truly find collaborative solutions that rely on new technology solutions, companies will need to find ways to partner. Prediction 1 – Supply Chain Analytics Will Become More Predictive (Not Backward Looking).

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

ToolsGroup

OCTOBER 20, 2015

Source: Supply Chain Digest. Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. Source: Lennox. What does it take to create an award-winning supply chain?

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 120

Talking Logistics

JUNE 5, 2017

As reported in the Wall Street Journal last week: “Automotive value chains are international. An interruption in delivery of parts from a partner in Europe can therefore also have implications in China,” said [Markus Duesmann, BMW board member in charge of purchasing and supplier network]. View Results. Total Answers 11.

Supply Chain Software 124

Supply Chain Software Manufacturing Procurement Supply Chain Supply Chain Risk Management 124

Supply Chain Game Changer

NOVEMBER 25, 2018

Source: Gartner. Upon closer review it was notable that Home Depot was on the list for the first time since 2015. Gartner Survey Metric Notes: 1. ROA: (2017 net income/2017 total assets)*50% + (2016 net income/2016 total assets)*30% + (2015 net income/2015 total assets)*20%. Source: Gartner (May 2018).

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

Supply Chain Shaman

JANUARY 11, 2016

The source of the content is research. I manage a team at Supply Chain Insights and actively publish using an Open Content research model. This Tuesday we will publish our 87th report, and our 167th podcast, in our 36th newsletter. Lora thinks that we are never too old to learn or to push for excellence.

Supply Chain Planning Software 165

Supply Chain Planning Software Modeling Software Demand Planning Software Supply Chain Network Software 165

GlobalTranz

DECEMBER 18, 2015

As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Yesterday we published the top 10 most read manufacturing articles of 2015. . Top 10 Supply Chain Articles from 2015. No Purchase Orders were used.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 120

Repl Group

JULY 1, 2019

People were able to source a wider range of products and local stores went from an essential service to a stop-gap. . 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. That’s true of retail technology.

Supply Chain Planning Software 81

Supply Chain Planning Software Analytics Software Demand Planning Software Forecasting Software 81

6 River Systems

OCTOBER 12, 2020

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 Rising costs mean that companies must continue to innovate and implement strategies that can help reduce logistics costs and boost the bottom line. This is known as “dropshipping.”

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Logistics Bureau

NOVEMBER 14, 2018

That said, CTS models that include end-to-end supply chain activities can use ABC data in order to calculate the overall profitability of serving a customer with a product. The tools for determining Cost To Serve include standard spreadsheet applications, such as MS Excel, and network design modeling software.

Purchasing Skills 74

Purchasing Skills Cost Reduction Strategies Supply Chain Design Software Optimal Sourcing 74

Supply Chain Game Changer

NOVEMBER 20, 2018

Today manufacturers must continually look for waste reduction, process improvement and supply chain efficiency to meet competitive pressures and their customers’ cost reduction requirements. Although Lean principles provide an excellent basis for managing energy costs, such costs are often left out of an efficiency drive… Why is that?

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Cost Reduction Strategies Price Reduction 44

Supply Chain Movement

JUNE 30, 2015

With downtime costing its customers 72,000 euros per hour, ASML has invested heavily in refi ned planning tools and exeptionally close collaborative relationships with its customers and suppliers. We think that EUV, Extreme UV light, will be crucial for that, which is why we acquired American light-source supplier Cymer in 2013.

Manufacturing Procurement 60

Manufacturing Procurement Supply Chain Planning Software Inventory Management Software Purchasing Skills 60

Supply Chain Game Changer

JANUARY 14, 2020

Source: Gartner. Upon closer review it was notable that Home Depot was on the list for the first time since 2015. Gartner Survey Metric Notes: 1. ROA: (2017 net income/2017 total assets)*50% + (2016 net income/2016 total assets)*30% + (2015 net income/2015 total assets)*20%. Source: Gartner (May 2018).

Gartner 10

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 10

Unleashed

NOVEMBER 22, 2021

In April 2019, prompted by reports of tax evasion and money laundering occurring in freeports, the European Parliament called for their closure across the EU. In the US free trade zones are often used by manufacturers to produce goods using components sourced overseas – which can mean significant savings on tariffs.

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Procurement Inventory Management Software Supply Chain Planning Software 98

Supply Chain Shaman

NOVEMBER 20, 2014

At the end of 2014, many leaders that I work with are preparing their 2015 strategies. The word digital is everywhere in their presentations– digital path to purchase, digital agriculture, and digital manufacturing. Too few companies understand the differences between syndicated data sources and the use of channel data.

Analytics Software 293

Analytics Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 293

Unleashed

JANUARY 28, 2021

billion in revenue in the past year, with an annual growth (2015-2020) of -1.0%. billion), growth is in the positives – 0.5% (2015-20) and 2.7% (2019-20). Despite a shrink in revenue growth, profit margins are still in the positives at 3.1%, shrinking only marginally since 2015 (-0.2%). Coffee distributors took in AU$2.3

Manufacturing Procurement 59

Manufacturing Procurement Purchasing Skills New Zealand Australia 59

GlobalTranz

JANUARY 5, 2016

2015 saw a shift from the linear supply chain to the circular supply chain. When a business, or other organization, purchases equipment, parts, or remanufactured equipment it is an investment. Pinpoint the source of quality issues and remedy the problem on the spot to prevent major quality crises. Increased velocity.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Trends Supply Chain Optimization 120

Logistics Bureau

JULY 11, 2018

This article was first published in June of 2015. Their ability to perform with excellence exists only while supply and demand conditions remain stable—which is a rarity in today’s environment of globalisation and on-demand consumerism. BRICs Are Moving to Buying, Not Just Making. What Happened to These Trends? A 2018 Update.

Agile and Lean Supply Chain 85

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software Trends 85