Supply Chain Shaman

APRIL 15, 2020

My last post on the Supply Chain Shaman blog was forty-five days ago. Today, we find ourselves in the middle of a risk management case study. News coverage showcases the differences between logistics and supply chain management. Let’s learn and apply it to supply chain management. Today, I am reflective. Time to Know.

Supply Chain Planning Software 443

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 443

ToolsGroup

MAY 28, 2020

As a consequence inventory became difficult to plan. As product demand signals on certain products drop, companies will find themselves with excess inventory, often with a limited shelf life, and they will need to look at offloading that inventory. Forecasting is very difficult. Competition will escalate.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 156

EazyStock

FEBRUARY 28, 2022

JIT v JIC stock management. For years companies have operated a just-in-time (JIT) supply chain model, only ordering stock items when necessary and carrying minimal inventory to reduce carrying costs. With JIT stock management, companies order products and stock to meet customer demand.

Just-in-Time 52

Just-in-Time Inventory Reduction Waste Reduction Cost Reduction Strategies 52

NC State SCRC

MAY 27, 2020

While not perfectly analogous to economists’ conceptualization of “the tragedy of the commons,” [ii] , [iii] , [iv] , [v] a somewhat broader idea of a commons failure is a suitable metaphor for what we have experienced in the United States since COVID-19 first crossed our borders.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Material Savings Manufacturing Procurement 98

Supply Chain Shaman

MARCH 6, 2015

Note that they are pushing progress faster than their peer group and outperforming in all areas except inventory turns. If L’Oreal had performed above the industry sub-segment for inventory turns, they would have made the list for the Supply Chains to Admire for 2014. One example was the journey to improve forecast accuracy.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 150

DynaSys

JANUARY 13, 2021

Companies can then manage disruption with a Resilient Supply Chain. This places the focus on supply and inventories (see Takeaways section below). When in crisis mode and managing on a week-to-week or month-to-month basis focus on cash flow. Normally they are also one dimensional. Above all, preserve your cash.

Supply Chain Planning Software 61

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

AIMMS

MAY 6, 2019

Excess inventories, expediting, poor order fulfillment, overtime and poor resource utilization are a fact of life. . S&OP is the business process adopted to manage the balance and trade-off between the conflicting preferences of the supply and demand side of the supply chain. Lower inventory levels .

S&OP 279

S&OP Supply and Demand Modeling Scenario Planning 279