Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. To illustrate the point, here we share snapshots from four different value chains: automotive, healthcare, consumer, and technology. Companies balance supply chain metrics better in good times than bad.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

QAD

OCTOBER 18, 2022

The COVID-19 pandemic, the 2021 Suez Canal obstruction, natural disasters, wars, scarcity of semiconductors, the energy crisis in Europe…are all examples showcasing the need to better manage and monitor your supplier base. For example, Hyundai recently found a supplier utilizing child labor in the state of Alabama.

Gartner 98

Gartner Optimal Sourcing Alabama Metrics 98

Logistics Viewpoints

JULY 19, 2021

They produce a wide range of products for the automotive, construction, engineering, and packaging industries. When a plan is created for one business function, like manufacturing for example, that plan effects things like customer service levels, profitability, cash flows, staffing and many other things. What does that mean?

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

Logistics Bureau

APRIL 19, 2021

What would be the key number, or metric that you would need to know? If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

Benchmarking 98

Benchmarking Supply Chain Performance Supply Chain Exercises 98

QAD

AUGUST 12, 2021

Consider a few examples: In the beginning of 2021, Apple announced executive bonus modifications based on environmental values. We will see the continued adoption of a wide range of sustainability efforts across manufacturing verticals, from automotive to food and beverage to life sciences. Sustainability Objectives for Manufacturers.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Enterra Insights

JUNE 24, 2022

This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.” At a grocery store, for example, the worker doesn’t have to know the codes for popular items to be productive.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Supply Chain Shaman

MAY 29, 2014

As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics. The metrics of growth, Return on Invested Capital, Inventory Turns and Operating Margin have the highest correlation to market capitalization.

Gartner 301

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 301

ivalua

NOVEMBER 29, 2022

For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. Tracking the Metrics that Matter. While Ardent expects Procurement to rise to and tackle these challenges, tracking the metrics that matter will help them stay focused for full recovery.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

ivalua

NOVEMBER 26, 2019

Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Global automotive component supplier Meritor is a great example. Presumably they feel that is close to the best possible.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

Kinaxis

FEBRUARY 8, 2017

Restaurant mega chain McDonald’s is an example easily identified by most. Decentralized authority, which can accompany regionalization, results in each location working toward its own goals and objectives, instead of focusing on company-wide metrics and KPIs. The focus needs to be on the company as a whole, not its individual parts.

Supply Chain Planning Software 100

Supply Chain Planning Software Modeling Supply Chain Planning Supply Chain Optimization 100

Resilinc

NOVEMBER 8, 2023

Overall, the supply of semiconductors and materials should improve in the automotive sector. For example, in August, Samsung Electronics announced plans to cease operations at certain older-generation facilities in Gyeonggi, South Korea. According to J.P. Morgan , the chip shortages will continue through the end of 2023 into 2024.

Supply Chain Disruption 53

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Supply Chain Planning 53

Supply Chain Shaman

APRIL 7, 2016

For example, should customer sentiment data feed into quality systems? For example, in the recession of 2007, DuPont missed the downturn in the market. The DuPont supply chain supplied products and services into the housing and automotive supply chains. Into warranty systems? Trade promotion decisions? 3) Distributor Sales.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

The Network Effect

OCTOBER 3, 2014

Today I want to talk about the challenges faced by today’s automotive suppliers, and why a network model for their supply chain can help. Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base.

Supply Chain Network Software 197

Supply Chain Network Software Automotive Modeling Software Supply and Demand 197

Material Handling & Logistics

OCTOBER 30, 2018

Successful procurement leaders are operating smarter by leveraging analytics and technology such as integrated suites to generate clean data (at least if they have a unified data mode) and master data management solutions for addressing issues in back end systems, cleaning and normalizing suppliers’ records, for example.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Talking Logistics

MARCH 8, 2019

The latest example is Walmart “raising its delivery goal posts for suppliers, asking them to deliver more goods on time,” as reported by Jennifer Smith and Sarah Nassauer in the Wall Street Journal. More stringent customer delivery requirements is certainly one factor, with On-Time In-Full (OTIF) becoming a more critical metric.

Rail Software 101

Rail Software Logistics Network Optimization Software Real-time Visibility Demand Planning Software 101

Supply Chain Movement

AUGUST 26, 2015

The replacement of 34 million airbags that the automotive part manufacturer Takata has to execute is one of the biggest recalls ever. A couple of weeks ago I was at the CSCMP conference in Spain, where Operational Excellence expert professor Joseph Paris gave a powerful example how proactive leadership can make a difference.

Supply Chain Design 60

Supply Chain Design Supply Chain Planning Supply Chain Scenario Planning 60

Supply Chain Shaman

MARCH 15, 2016

The company is a B2B Supply Chain Operating Network supporting the automotive and aerospace industries. In our research, discrete industries–aerospace, automotive, hi-tech, and semiconductor– rate themselves as performing better, being more proactive, and having greater alignment. My time on the European continent is busy.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Unleashed

NOVEMBER 15, 2021

We answer these questions, and give you examples of how it works in practice. Mass customisation is also known as: Made-to-order Built-to-order Increasingly popular in the retail goods sector – but also used in the automotive, software and finance sectors – mass customisation allows customers to purchase a product that is more ‘them’.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

Supply Chain Shaman

NOVEMBER 29, 2015

Let me explain using some supply chain specific examples, but before I do, let me give you a disclaimer. To take an academic argument into practical examples, let me share five use cases where I think Hadoop might make sense. Let me give you an example. This is where I see Hadoop playing a role. I am not a technical gal.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

Supply Chain Shaman

SEPTEMBER 27, 2015

In a briefing last month with SupplyOn (a value network in the automotive industry), I saw progress on the tracking of serial codes and quality information in the automotive industry. An example is the work on Performance Based Logistics (PBL). Let me explain why this is important through an example.

Pharmaceutical 150

Pharmaceutical Supply and Demand Food Manufacturing Procurement 150

NC State SCRC

OCTOBER 26, 2021

For example, prices for polyvinyl chloride, or PVC, have more than doubled since last summer, according to S&P Global Platts. The shortages in PVC and other materials are even shutting down automotive production lines, as well as other manufacturers that I’ve been speaking with. as supplies tighten. However, worse was to come.

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Supply Chain Texas 52

Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. This metric helps the procurement department reduce future costs and prevent price increases due to inflation or other economic factors. Cost Avoidance.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Arkieva

AUGUST 8, 2016

For automotive giant General Motors, it meant production of some of its models in the U.S. Its supply chain management team reviewed what went wrong, and more importantly, how it could better prepare for unforeseen disasters around the world where the automotive giant has production. Scientists describe this as the butterfly effect.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

IQMS

JULY 16, 2019

Manufacturers combining their expertise in a specific area of plastics manufacturing, for example, aerospace, automotive, food & beverage, medical, or surgical products while complying with industry and regulatory requirements are more likely to be in the Premium Price zone. Proven Strategies For Improving Cleanroom Manufacturing.

Price Reduction 44

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 44

DynaSys

JANUARY 13, 2021

And, among numerous examples of competitive disruption, new product strategies, such as White Claw’s 2019 upswing impacting the beer industry , are similarly noteworthy examples of frequently observed disruptions limited to particular markets. Examples: Apparel and other general merchandise, home repair, furniture.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 61

ThroughPut

OCTOBER 30, 2019

Sometimes, they’re subtle: Team members are burning out, outflow and profit margin ratios are off, or you gradually start missing certain success metrics. But there are also countless examples of companies that didn’t. For example, automotive manufacturer Discrete Parts used ThroughPut Inc.’s

Company 40

Company Price Reduction Cost Reduction Strategies Optimization Software 40

6 River Systems

OCTOBER 14, 2022

Pioneered most notably in the automotive industry in the turbulent 1970s, the just-in time-inventory technique is extremely efficient because of its inherent leanness, but it tends to create completely unforeseen problems. The best example of this technique in action can be seen in firms like UPS and FedEx. JIT (Just in Time).

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

American Global Logistics

SEPTEMBER 26, 2023

Amazon's relentless commitment to customer experience is another prominent example. Customers are spoiled for choice from retail to software to automotive. Nordstrom, for example, empowers its employees to exceed customer expectations. Amazon , for example, tracks customer data and feedback steadily using surveys.

Procurement Analytics 52

Procurement Analytics Expense Reduction Cost Reduction Strategies Price Reduction 52

BlueYonder

DECEMBER 11, 2014

When these localized units break down or need replacing, having in-market replacement parts like automotive headlamps to provide the heat for the incubator or a motorcycle battery as an alternate power supply, allow for quick and easy maintenance. It’s an example of inventiveness amplifying the value stream.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 75

QAD

AUGUST 1, 2019

New system features and extensions for production execution , for example, have reached the forefront of the minds of those looking to better utilize their operational data. Graney also highlights an example of an automotive supplier utilizing smart sensors that signal a scale to automatically weigh finished products.

Manufacturing 105

Manufacturing Resource Reduction Cost Reduction Strategies Predictive Analytics Software 105

Supply Chain Opz

JUNE 1, 2014

Lean manufacturing concept has been implemented widely in the automotive industry so the case studies about lean manufacturing is very readily available. Its simple supply chain network model is presented below, From this example, only 3 possible locations result in 5 different way to design the supply chain.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Supply Chain Shaman

JULY 22, 2016

Client Example of Demand Management Across Time Horizons. The automotive manufacturer had a surplus of green vehicles that no one wanted. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters. 2) One-Number Forecasting. It was an ugly color.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

Supply Chain Shaman

OCTOBER 8, 2017

Surprising demand in automotive for car replacement. ” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” Let’s take an example. The impact of the multiple hurricanes this season differ by commodity. What are they seeing? One thing is clear.

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

6 River Systems

JULY 21, 2020

For example, the needs of a toy manufacturer are different from the needs of a pharmaceutical company. These variances exist across industries, from food and beverages to electronics, automotive, cosmetics and others. First, there needs to be a metric to improve. Even within each industry, the needs of different companies vary.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Modeling 52

NC State SCRC

APRIL 3, 2019

For example, a near term contract may need to amortize some costs over a larger amount of units that the current near term 3 year contract, so long term accommodations are made to impact the pricing on future units as well, before settling to the long term price. Risk: Competition in domestic and international markets [7]. Description.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40