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Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

In the case of Apparel and Automotive industries there are slight improvements, but they have shifted inventories to suppliers. I wanted to say, “You let the consultants influence you to buy the wrong technologies based on IT standardization. Most planning happens in Excel Spreadsheets. Use of Excel Spreadsheets.

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Lifting The Gray Curtain

Supply Chain Shaman

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The question is, “Why?

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Pushing the Supply Chain Reset Button

The Logistics & Supply Chain Management Society

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. The automotive industries–with the poorest capabilities to plan and manage suppliers–will suffer the most.

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Our Walk In The Fog

Supply Chain Shaman

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

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How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

If you work in the automotive, aerospace and defense industries or, of course, the consumer goods industry, you’ve probably been working with RFID technology for years. Research and development efforts have paid off and the average RFID tag cost has declined by 80% over the last decade, while reader costs are down by 50%.

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Building Outside-In Processes

Supply Chain Shaman

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How easy is it to buy from your company? Bio-engineering? Customization?

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Looking Beyond Red Arrows

Supply Chain Shaman

To illustrate the point, here we share snapshots from four different value chains: automotive, healthcare, consumer, and technology. To gain this understanding, compare the results below automotive industry to the consumer value chain. Of all the value chains, the automotive value chain is making the greatest improvement.