Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

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.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Supply Chain Shaman

JANUARY 2, 2023

In 2004, with the evolution of demand sensing applications, the tactical and operational forecasts were both modeled using optimization, but the lack of synchronization of the two forecasts limited the technology adoption. Forecasts are used to manage inventory and align the organization to manage constraints. Let me explain.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

E2open

NOVEMBER 30, 2017

Of course, demand sensing can also use customer data, such as point of sale, store inventory or warehouse withdrawals. On the flipside, it also prevents you from getting stuck with too much inventory from underperforming promotions – this is especially important for event-specific items that are hard to repurpose or are perishable.

Supply and Demand 60

Supply and Demand Demand Planning Software Modeling Forecasting 60

Requis

NOVEMBER 18, 2020

Supply chain optimization consultant, author, and podcaster Marcia Williams has been working in supply chain since 2004. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing. And, no surprises here, I attach metrics so I can measure the baseline. I use finance to show the value.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

Supply Chain Trend

NOVEMBER 27, 2016

Many just get into a routine of constantly increasing precision of what they can control and understand ( IFRS / GAAP accounting and ERP systems that enforce these rules) but in miss accurate measurement of flow of production / inventories. Disjoint plans and plans built on non synchronized data leads to more inventory and unhappy customers.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60