Remove modelling-the-supply-chain-in-excel-your-supply-chain-is-costing-you-money-reason-4
article thumbnail

Your supply chain is costing you money – Reason #4 Making key decisions by modelling the supply chain in Excel

Kinaxis

by John Westerveld Reason #4 Making key decisions by modelling the supply chain in Excel. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Excel excels (if you’ll pardon the pun) at many things.

Modeling 246
article thumbnail

Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

The cheese on the puffs stains my hands like I feel that mis-guided past practices have indelibly colored supply chain practices. In most value networks, downstream partners have progressively pushed costs and waste backwards in the extended supply chain. Five Reasons. 90, then 80, followed by 76.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

The model in Figure 1 became the foundational model for the Gartner S&OP model. Forty interviews and two quantitative studies helped me build the model in my mind. Sales and Operations Maturity Model from 2005-2008. When my flight canceled, I was en route to the annual AMR conference in Phoenix. Let me explain.

S&OP 195
article thumbnail

Hiring a Software Development Team – Pros and Cons!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. To be the finest in the digital world, you need an intriguing website with distinctive and high-functioning features. Why Does Your Company Need a Software Development Team? The cost-effectiveness of having a professional software development team is commendable. Economical.

article thumbnail

The Top 15 Retail Trends for 2022

ToolsGroup

From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop. And some – including yours truly – have always found shopping to be a joyous activity. The wonderful world of retail. From my couch.

article thumbnail

From Predictions to Operations: Compelling Supply Chain AI Use Cases

ThroughPut

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. And the effect of inaccurate demand forecasting is felt across the supply chain.

article thumbnail

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

In the last six months, in my travels, I have presented to supply chain teams in China, Belgium, France, Germany, Peru, Mexico, Netherlands, South Africa, Singapore, and the United Kingdom. I strongly feel that if I am going to cover the global supply chain that I need to experience it. Today, I unpacked my bags.