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Inventory Everywhere, But Not the Right Product to Ship

Supply Chain Shaman

Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. Today’s organization is less aligned than in 2004. Bloated inventories. Rising inflation. Tightening of organizational belt-cutting to improve cash. In the evolution of the global organization, the issue grew worse. The reason?

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The Supply Chain Merry-Go-Around

Supply Chain Shaman

I first experienced the implementation of OMP and SAP at Eastman Chemical in 2004. The focus needs to be on outcomes. To make the point, let’s take a look at Eastman Chemical in Figure 1. Company revenues were $9.2B The average size of a chemical company is $13B.

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A Very Agile Supply Chain: The Inside Story of AGCO’s Response to COVID-19

Logistics Viewpoints

This global manufacturer of agricultural equipment began their journey to improved supply chain resiliency in 2004. This is the inside story of AGCO's response to the pandemic and how they developed such an agile supply chain. Agility does not just happen.

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The Year Ahead with Doug Waggoner

The Logistics of Logistics

From April 2004 to December 2005, Waggoner served as Chief Executive Officer of USF Bestway, and from January 2002 to April 2004 he served as Senior Vice President of Strategic Marketing for USF Corporation. Prior to joining Echo, Waggoner founded SelecTrans, LLC, a freight management software provider based in Chicago, Illinois.

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Transversing the Paradox River

Supply Chain Shaman

In 2004, my research showed a bell curve of innovators and laggards. Or by enterprise solutions to sell more of traditional wares. No network provider is driving interoperability between networks or break through thinking in outside-in processes. Innovation.

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Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006. All industries operate today with more inventory than in the pre-recessionary period of 2004-2007. It is worse in some industries. The average is twenty-five days.

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A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

In 2004, I worked with a Midwest North American meatpacker to help define its supply chain strategy. In 2004, I worked with the client to help define specifications and shortlist potential solutions. As an analyst for nearly two decades, I am constantly amazed watching companies throwing the baby out with the bathwater. What do I mean?