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Inventory Management: We Can Do Better

Supply Chain Shaman

Downsizing inventories over the past decade crippled the response.” In Table 1, I share research collected for the Supply Chains to Admire analysis on the average days of inventory by industry across the period of 2004 to 2019 by increments to match economic shifts. Days of Inventory Peer Group Across Time Periods.

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Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. When we compare the results of P&G to its peer group for 2012-2021, P&G outperforms in inventory turns and margin but underperforms in growth and asset utilization. The analysis was too short-term.

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Logility Webcast: Roadmap to Overcoming Five Obstacles to Achieving Multi-Echelon Inventory Optimization Success

Logility

automating the digital transformation of supply chain optimization and advanced retail planning, invites you to the upcoming webcast: Roadmap to Overcoming Five Obstacles to Achieving Multi-Echelon Inventory Optimization. Title: Roadmap to Overcoming Five Obstacles to Achieving Multi-Echelon Inventory Optimization. Webcast at a Glance.

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Tackling Item Complexity

Supply Chain Shaman

Stuck, the company struggled with customer service levels and high inventory write-offs. I worked with the World Kitchen team in the period of 2002-2008. The process helped World Kitchen manage inventories through bankruptcy filing in 2002. The SEVA analysis is a derivative of Economic Value Add (EVA) methodology.

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Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” This week, I published an in-depth analysis on the topic.

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Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

While Lean focuses on eliminating waste and optimizing processes to achieve seamless workflow, Six Sigma targets reducing variation and improving quality through data-driven analysis and statistical tools. – Operational improvements (reduction of lead time, increase in productivity, and reduction in work-in-process inventory, etc.).

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Logility Powers Sustainability-Minded Brands with Advanced Supply Chain Technology and Resources

Logility

Review total emissions by each supplier and perform root cause analysis to understand reasons behind variances that may require action via a notice/corrective action plan. “In Gauge environmental status to ensure all suppliers/providers are compliant with good corporate responsibility practices.