Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Lack of aligned metrics.

Inventory Reduction 414

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 414

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. Definitions Before we move to the discussion of the actions to take, let’s get clear on some definitions. Contract Manufacturing Signal Latency. Blackhole Automation. How does this happen?

Supply Chain Planning Software 354

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 354

Supply Chain Shaman

SEPTEMBER 28, 2022

Definition: “Someone’s efforts, resolve, or viability are tested; things are meaningfully challenging. In this volatile world, efficient procurement led by a CFO is not the answer. The manufacturing-centric company is used to strangling suppliers and demanding terms. “ Wikipedia. What is the issue?

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 82

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 82

Supply Chain Shaman

OCTOBER 13, 2022

In both cases, there is a clear definition of “winning.” The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The reason? Digital Transformation.

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

Unleashed

AUGUST 20, 2023

If a manufacturer has to wait an extra day for raw materials to arrive, they might lose a customer. In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. Breaking Down the Definitions.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Procurement solutions are often updated with purchased information.

Supply Chain Network Software 219

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 219

Silvon Software

SEPTEMBER 26, 2023

While many of the KPI examples focus on performance management for manufacturing and distribution businesses, they also apply to numerous other industries with similar operational structures. For additional KPI concepts and best practices, we welcome you to download Silvon’s Definitive Guide to KPIs.

Procurement Analytics 105

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 105

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. What did we find?

Supply Chain Planning Software 325

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 325

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Organizations can align to drive value despite the allegiance to functional metrics. With the increase in complexity, manufacturing cycle inventories rise. Mistake #5.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. It helps you to make better purchasing, manufacturing , pricing, and marketing decisions based on the data revealed.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. It’s also about knowing where their manufacturing facilities are, and the flows across the supply chain.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. One such tool is the Logistics KPI Dashboard Excel Template, which provides data on key metrics and helps identify areas for improvement.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 93

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” As shown in Figure 1, at a recent client engagement, there is a strong and clear process definition of the budget process and the lack of clarity and discipline in the demand flows for the supply chain.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Supply Chain Shaman

NOVEMBER 21, 2017

Decision support includes all forms of planning: demand, supply, revenue, manufacturing and transportation planning. This transfer of ownership reduced the effectiveness of procurement. Robust Market Emerging for Digital Manufacturing Technologies. There is a lot of noise in this market. It is happening. Driving Value in B2B.

Supply Chain Planning Software 152

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 152

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. ” Supply Chain Leader. I am behind.

Procurement Analytics 261

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 261

Supply Chain Shaman

AUGUST 12, 2020

Only 29% of manufacturers easily manage total cost trade-offs. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs. The reason? The result? The reason?

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Shaman

NOVEMBER 9, 2014

Their career paths, their identities, and their comfort zones were steeped in the traditional definitions. Most companies think that they know what this means; but, to be actionable they need definition. Proudly, I had led my division to have the lowest manufacturing costs with the highest Return on Assets. Let me explain.”

Manufacturing Procurement 287

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 287

Logility

AUGUST 4, 2023

Whether your definition of value includes on-time, in-full (OTIF), inventory reduction or optimization, transportation spend, speed of decision making, supply chain costs, net working capital, or a myriad of other value measures, you know your business better than anyone.

Supply Chain Planning Software 206

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Vendor Strategies 206

Supply Chain Shaman

JUNE 5, 2013

Manufacturing is designed and planned in isolation. Integration of corporate social responsibility metrics in planning. Integration with manufacturing systems to understand actual run times and Operating Efficiency (OEE). There is a lack of clarity on what drives value and metrics are functional. Manufacturing.

Supply Chain Planning Software 224

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 224

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. It’s also about knowing where their manufacturing facilities are, and the flows across the supply chain.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Supply Chain Shaman

MAY 7, 2015

While companies believe that there is opportunity to building an end-to-end strategy, there is no standard definition. The company that plays to win does not strive to have the best manufacturing costs, or the best procurement practices; instead, the team focuses on winning together cross-functionally on a commonly held portfolio of metrics.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 150

Supply Chain Shaman

DECEMBER 29, 2016

As a result, each time someone uses the word, you should ask for a definition. The lack of a common definition of the use of ‘research’ by industry analysts, bloggers, and consortia muddies the market. I also find that the definition of research by each analyst firm and consortia is different.

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. For clarity, the definitions are: -Strategic Planning: The frequency is either monthly or quarterly and the focus is on long-term planning. They lack cohesion. Many are not. Tactical Planning: This process is usually monthly.

Supply Chain Planning Software 282

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 282

ivalua

JUNE 29, 2020

It is also helping to bridge the supply chain management gap that has traditionally existed between healthcare providers and other industries such as manufacturing. According to 2019 Definitive Healthcare data, U.S. Perhaps explore a self-distribution model and more transactional automation with procure-to-pay solutions. .

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Oracle SCM

AUGUST 1, 2018

Nevertheless, I like the definition. I would categorize our mission and value to be directly in line with the Gartner definition for E2ESCV so, today we would have been a visibility and collaboration solution vendor. As with any project, definition of the objective (usually based on ROI) is the starting point.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. In this case, the supplier receives a commission from both the customer and the manufacturer. Let's imagine a company A, that manufactures a finished product – sneakers. Blurred lines.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Supply Chain Shaman

MAY 21, 2013

Medical Device Manufacturer. While hospital supply chain organizations have made progress in the last decade, the gap has widened between the supplier sectors of pharmaceuticals and medical device manufacturers and other manufacturing industries. Accept the definitions of processes and relationships of the industry.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

The Logistics of Logistics

JUNE 23, 2022

The peak season definition is a continued evolution of the seasons in transportation. With Russia exporting many critical commodities, Deloitte explained, there are insufficient raw materials for supply and manufacturing use. When and What Is Peak Season ? They’re usually broken into four seasons: Q1: The Quiet Season.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 225

Supply Chain Shaman

OCTOBER 20, 2012

We are trying to understand how supply chain leaders have raised the bar at the intersection of these four sets of metrics on the supply chain effective frontier. I also believe that it is because the organization is not incented to manage cash-to-cash metrics. The results have been eye-opening. But, it does not stop there.

Inventory Reduction 263

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 263

Talking Logistics

SEPTEMBER 5, 2018

Fleet Management: A Different Definition. That includes all material handling equipment within a warehouse, distribution center or manufacturing site, such as forklifts, personnel carriers, yard spotters, sweepers, and booms. Another key metric Jeff cites is first time repair rates. Material Handling Challenges.

Material Savings 101

Material Savings Optimal Sourcing Manufacturing Procurement Warehousing 101

Supply Chain Shaman

JUNE 21, 2016

My first job was in manufacturing in the 1980’s. The metrics reward functional thinking. The focus of APICS is manufacturing, CSCMP’s foundation is in logistics, and ISM serves the procurement organization. By definition, the silos struggle to align. Definition of Horizontal Processes.

Supply Chain Design Software 165

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 165

GlobalTranz

SEPTEMBER 28, 2016

You can read the detailed technical definition here. 5) Ongoing Assessment of Key Supplier Site Metrics to Ensure Business Continuity with Companies' Requirement and Proactively Identify Potential Risk Factors. Every business has their set of metric which they want to focus on. How to Track Performance. 50% improvement) min.

Supply Chain Planning Software 120

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 120

Supply Chain Shaman

JUNE 18, 2015

However, at a practical level, companies struggle with the implementation of strategy due to a lack of definition. In discrete industries, the early supply chain organizations reported to procurement. In contrast, in the process industries, the supply chain organization reported to manufacturing. It is not easy.

Sourcing Strategies 150

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Design 150