Consumer Goods Eliminating Excel in Purchasing Innovation Metrics 
Supply Chain Shaman
OCTOBER 5, 2018
The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.
Logistics Viewpoints
MARCH 27, 2023
Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. This increases sales.
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Supply Chain Shaman
AUGUST 26, 2015
The inherent buying patterns of consumers are also changing. Purchases in the center store of the grocery store are in decline, and apparel tastes are shifting. For more on this topic, reference my prior blog posts on Learn the Language of Demand and Driving Innovation ). So why have companies not done this?
Logistics Bureau
NOVEMBER 27, 2016
While I’m a firm believer that innovation, not emulation, is the way forward for any company wishing to differentiate through its supply chain, I also believe that reinventing the wheel is something to be avoided if possible. Is sustainability a viable growth strategy for fast-moving-consumer-goods brands? Innovation.
Supply Chain Shaman
JANUARY 2, 2023
A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The team was not calibrated on the role of forecasting and the basics around process excellence. This blog post started a series of telephone calls. Models Matter.
Supply Chain Shaman
NOVEMBER 14, 2016
Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.
Alloy
JUNE 25, 2019
If a shopper chooses a different brand or not to purchase at all because a product isn’t available, it’s a lost sales opportunity. Picou said they were using “lots and lots and lots of Excel spreadsheets, moving them from terminal to terminal and desk to desk, which was not efficient or effective.”
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