Remove 2001 Remove Inventory Remove Manufacturing Remove Meeting
article thumbnail

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. I worked with the organization for a year and scheduled a meeting with Lucas to explain that his policies were the primary issue. In addition, Lucas used inventory as a slush fund to make quarterly earnings. Less Collaborative.

article thumbnail

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Engineering isn’t disconnected from manufacturing.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. I worked with the organization for a year and scheduled a meeting with Lucas to explain that his policies were the primary issue. In addition, Lucas used inventory as a slush fund to make quarterly earnings. Less Collaborative.

article thumbnail

How Your Business Can Survive (And Even Thrive) in a Recession

Unleashed

Review existing inventory management systems. Fewer than 30% of businesses that lost market share in the downturn of 2001 were able to regain their positions, according to the Bain study. For a more detailed guide on how to pick the best inventory management software for your business, check out our comprehensive guide.

article thumbnail

The End of a Fairy Tale. Part 2.

Supply Chain Shaman

The example that I give in the first post is the focus of manufacturing strategies to drive strong results to improve Return on Assets (ROA) that have actually caused a deterioration in operating margin. Ten-year averages – food manufacturing companies. You got it! It is a low probability that this will ever happen. A Case Study.

article thumbnail

How Demand Planning Influences Supply Planning through Predicting Future Demand Patterns

Vanguard Software

And before that, in 2001, Nike also had a demand planning blunder that led to a $100 million loss in sales. Whereas supply planning projects and manages inventory or supply to meet consumer demand. Organizations can then make shrewd business decisions about inventory and production.

article thumbnail

The ROI Challenge for Supply Chain Projects: Lessons from The Trenches by an Aging Jedi Knight

Arkieva

The director of Supply Chain (or inventory, manufacturing, analytics, customer order fulfillment, etc.) Typical suspects are reduced inventory, increased output, lower cycle time, better on-time delivery, among others. Two of my favorites are Kroeger (2014) and John Milne’s IBM application for central planning (2001).