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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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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

According to a widely cited framework by Christopher and Peck from “Building the Resilient Supply Chain” (2004), supply chain resilience consists of four dimensions: robustness, agility, redundancy, and flexibility. These dimensions are briefly defined and illustrated below.

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Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

In 2004, I joined AMR Research, a Boston Analyst firm. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. There are no value network solutions in the market to enable plan/source/make and deliver visibility holistically. Reflection. To illustrate the point, let me share a story.

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Inflation is Back Up – Are you Ready?

Herlitz Inventory Management

Growing up with a father who developed inventory management software for a living spawned some interesting conversations around the dinner table. source: tradingeconomics.com. It hasn’t been lost here at Herlitz Inventory Management! source: thebalance.com. appeared first on Herlitz Inventory Management.

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S&OP: Can You Make Decisions at the Speed of Business?

Supply Chain Shaman

Eerily the case studies sound the same as the ones heard when I completed S&OP research in 2004. Teams continuously balance cost, customer service, asset utilization and inventory. For most –hamstrung by silo-based strategies for source, make and deliver–there is no clear definition of supply chain strategy.

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Morgan indicated in part: “ Near-term forward looking indicators also headed lower, most notably the finished goods orders-to-inventory ratio which fell further below 1,0 from an already contractionary reading.” Source: S&P Global and Other Sources. The July PMI dropped to 44.1 from the 44.8 reported for May.

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How Do You Define a Mature Supply Chain Planning Organization? (Part 1)

Supply Chain Shaman

I have worked with this client since 2004. Comprehensive view of source, make and deliver. Most often the focus is on transportation or logistics, but does not take into consideration the trade-offs between make, source and deliver. Focus is on make, source and deliver together. Focus on the level of inventory.