Who said supply chains are boring?: Reader Email

Supply Chains Rock

For the first time since I started this blog in 2005 I will be posting an email from one of my fantastic readers. But plastic can also be recycled, and it doesn’t break (loss of inventory). Who said supply chains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supply chain" are muttered I immediately see glassy eyes followed by a yawn or two.

Six Sigma Tools and Inventory Management

EMERGE App

At first glance, there may not be much synergy between Six Sigma and inventory management. Next, we’ll explore whether it is still relevant today and what it means for inventory management. Finally, we’ll finish by exploring Six Sigma methodologies and tools used in modern Lean Six Sigma and Lean Inventory Management. In 2005 Motorola credited over US$17 billion in savings to Six Sigma alone. Inventory management plays two critical roles in Lean Six Sigma.

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Probabilistic Forecasting: Right Fit for Your Business?

Supply Chain Shaman

Spairliners, founded in 2005, to provide spare parts for Airbus A380 planes (the largest passenger airliner in the world). To meet the need, the Spairliners planning team knew they needed help in inventory planning. To provide one billion yearly components flying hours, manage over $200M inventory, and guarantee with 95-99% target for on-time delivery for their customers. In the design of planning systems, it is important to think through the elements.

With Brexit Looming, New Supply Chain Requirements Emerge

ToolsGroup

With limited inventory space available in the UK, adaptation is required. With a best practice usage of this trending technology, the right amount and mix of inventory can be held, without the risk of obsolescence. Optilon was founded in 2005 and is today active throughout the Nordic region with offices in Sweden, Denmark and Finland. On October 31st, the United Kingdom will leave the EU, with or without an exit deal.

Strategic Benchmarking in the Supply Chain Triangle (Part 1)

Arkieva

Inventory turns are available. The Cost of Goods, also called the Cost of Sales, include all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition. As of 2005, it uses that increased margin to increase R&D spending (cfr. To be able to complete our benchmark, we will also need data on the inventory turns. Inventory Inventory Management S&OP Safety Stock Supply Chain Supply Planning

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

When Hurricane Katrina hit the Gulf Coast of the United States in 2005, Cisco executives created a business continuity-planning dashboard to mitigate risks. Let me start with a quote from a great leader!!

Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

This involved in some cases, diverting some inventory bound for other regions. The fuel supply chain could be one of many chains affected by a hurricane, especially if the hurricane threatens the Gulf of Mexico hampering the oil fields like Katrina did in 2005. Up to date inventory status.

Best online shopping sites to sell your items in UAE

Vinculum

Souq, founded in 2005, has its headquarters in Dubai in the UAE. Sharaf DG, founded in 2005, best known for electronics. Dubizzle, founded in 2005, is known as the best advertising platform for real estate and underused commodities. Sell on Marketplaces Globally Inventory & Order Management Cross Border Strategy Brands Multi-brand Retailers Marketplaces Industry Insights Sellers sell on marketplace

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Logistics Industry’s Slow Economic Comeback Continues in Spite of Challenges

Supply Chain Network

Further analysis shows that 2010 was about on par with 2005, and still well below the pre-recession years. Inventory carrying costs increased 10.3 percent last year due to higher costs for taxes, obsolescence, depreciation, and insurance, which were offset by a further drop in the inventory carrying rate and warehousing costs.

New Bookends: The Tale of Supply Chain Global Leaders in Consumer Products

Supply Chain Shaman

These giants drove slight improvements in operating margin, inventory turns and Return on Invested Capital (ROIC) despite a slowing economy. Over the past two years, P&G made impressive gains in operating margin and inventory turns, but the company failed to equal the ROIC test for asset utilization. Now, based on this analysis, I can clearly see that P&G made incredible gains over competitors until 2005; but this performance could not be sustained. Definition.

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We Need Supply Chain Immunity, not Resiliency: A Position Paper

NC State SCRC

1] It also means minimizing damage and the time taken to return to a normal state of operations (Sheffi and Rice, 2005). [2] Resilience is the easy way out – it involves carrying a lot of inventory and redundancies in the supply chain that are wasteful. 1] Sheffi, Y (2005). 2005). In today’s post I am sharing insights from a position paper that my colleague Dan Finkenstadt, PhD , myself, and other academic and government officers are working on.

Factors Influencing Delivery Address Amendment - Infosys Blogs

Infosys Supply Chain Management

Sometime in 2005, I had ordered a birthday gift hamper for my friend from one of the web based retailer in US, to be delivered on her birthday, which happened to be a couple of week later. Inventory and Capacity Visibility to Order Management System. As, there is no postcode change in this case, there is no change in inventory sourcing warehouse and delivery van route. Hence, address can be amended without re-checking inventory and capacity. About Us. Contact Us.

Global Trade Networks Create a Single Version of the Truth for Retailers

Talking Logistics

Retailers are willing to take the risk associated with releasing the inventory management and fulfilment process so product moves faster. Before joining Kewill in 2005, she worked at Jontek and Unisys. Drop shipping is becoming more and more popular among retailers as the “Amazon effect” creates intense pressure from customers for quick delivery. However, the process involves a lot of moving pieces within the supply chain making visibility and collaboration more important than ever.

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Supply Chain Best Practices: The Customer-Obsessed Supply Chain

Elementum

Amazon Prime exploded on the scene in 2005. Think of better product availability as a way to drive product innovation and inventory planning — not another burdensome requirement. Now re-envision the scenario — but instead of an e-shopper you’re a product lead reading reviews of your team’s latest offering, or an inventory manager planning orders for the year based on customer feedback.

The Pandemic Motivates Changes in the Food Supply Chain

Enterra Insights

Retailers requiring additional resources to fulfill needs at grocery stores are provided links to sellers that have available product inventory, shipping/transportation services, supplemental labor, and warehousing services. The novel coronavirus outbreak piqued interest in supply chain operations, particularly in the food supply chain. On 16 March 2020, in response to COVID-19, the President issued “Coronavirus Critical Infrastructure Guidance for America.”

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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Since 2005, U.S. Obsolete and excess inventory carriage are more preventable. This is the first post in a two part series on our update on Reshoring. We first started writing about and featuring reshoring content back in September of 2013, and have since added 10 more reshoring related posts in our reshoring blog category.

Supply Chain Best Practices: The Customer-Obsessed Supply Chain

Elementum

Amazon Prime exploded on the scene in 2005. Think of better product availability as a way to drive product innovation and inventory planning — not another burdensome requirement. Now re-envision the scenario — but instead of an e-shopper you’re a product lead reading reviews of your team’s latest offering, or an inventory manager planning orders for the year based on customer feedback.

How Did the Digital Supply Chain Evolve?

Supply Chain Game Changer

Accepting or submitting orders via email allowed companies to have electronic paper trails to maintain accurate inventory counts and keep clients satisfied. People were introduced to the concept of big data in 2005. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Digital Supply Chain Overview! Video). Digital Supply Chain evolve article and permission to publish here provided by Megan R. Nichols.

What Should Be the Role of the Store?

Supply Chain Shaman

More and more companies are struggling to make progress in operating margin and inventory cycles. To understand the pervasive nature of this change, consider Amazon’s 2012 announcement: “We now have more than 15 million items in Amazon Prime, this is up 15x since we launched in 2005. I love retail research. While some gals would call it retail therapy, I actively converge my days of shopping with supply chain research. Let me give you an example.

Lora Cecere Asks: Why Do People Question the Value of S&OP?

Logility

In 2005, I engaged with Sonoco Products, a packaging products and services company, to initiate some work on Sales and Operations Planning (S&OP). The two companies’ results on operating margin and inventory turns are shown in figure 1. Owens Illinois is investing 3X more in R&D than Sonoco Products; yet Sonoco products had 5X greater growth with 1/2 the inventory. Frequently, I get asked the question, “What is the value of S&OP?”

Judging Supply Chain Improvement: Campbell Soup Case Study

Supply Chain Shaman

We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement. The balance factor tracks progress on both year-over-year growth and Return on Invested Capital (ROIC), and the strength factor is based upon improvement in both operating margin and inventory turns.

Toys R Bust: The Downfall of America's Favorite Toy Store

Elementum

In mid-March, Toys "R" Us announced plans to close down and liquidate the inventory for all 735 of its stores in the United States. billion leveraged buyout by Bain Capital, KKR & Co, and Vornado Realty back in 2005, Toys "R" Us was already standing on shaky ground by the time online commerce began to take off in a new era dominated by Amazon. Did supply chain problems have anything to do with Toys "R" Us going out of business?

Delivery: A New Moment of Truth

Talking Logistics

Lafley defined back in 2005. Simply put, supply chain and distribution networks, which were originally designed to flow truckloads of products from large distribution centers to stores, are becoming outdated in this new market where speed of delivery and inventory reduction are paramount.

Coronavirus Increases Supply Chain Risk Management Priority

Enterra Insights

Patrick Van Hull ( @PatrickVanHull1 ), a thought leader in the Kinaxis Strategy Office, points out, “In July 2005, epidemiologist Dr. Michael T. … Perhaps more important than inventory and planning is the lack of experience: Experts refer back to the 1918 Spanish Flu outbreak for guidance, yet no public health experts have personal experience with this type of global pandemic.”

This Week in Logistics News (July 20-24, 2015)

Talking Logistics

In my post last week about Descartes’ user conference , I commented on how the company had made 28 acquisitions since 2005, including 7 acquisitions since 2013, and how global trade content was a growing focus for the company (evidenced by its acquisition of Customs Info). There was a lot of supply chain and logistics news this week, so let’s go straight to it. UPS Said to Be in Talks to Buy Coyote Logistics for $1.8 Billion (Bloomberg). Descartes Acquires MK Data Services LLC.

Toys R Bust: The Downfall of America's Favorite Toy Store

Elementum

In mid-March, Toys "R" Us announced plans to close down and liquidate the inventory for all 735 of its stores in the United States. billion leveraged buyout by Bain Capital, KKR & Co, and Vornado Realty back in 2005, Toys "R" Us was already standing on shaky ground by the time online commerce began to take off in a new era dominated by Amazon. Did supply chain problems have anything to do with Toys "R" Us going out of business?

Lora Cecere Asks: Why Do People Question the Value of S&OP?

Logility

In 2005, I engaged with Sonoco Products, a packaging products and services company, to initiate some work on Sales and Operations Planning (S&OP). The two companies’ results on operating margin and inventory turns are shown in figure 1. Owens Illinois is investing 3X more in R&D than Sonoco Products; yet Sonoco products had 5X greater growth with 1/2 the inventory. Frequently, I get asked the question, “What is the value of S&OP?”

Navigating the Unknowns of E-Commerce: Why Reinvent the Wheel?

Talking Logistics

Originally proposed in 2005, the planned facility no longer makes sense because “the nature of retail has changed since the project was announced 12 years ago,” said Delia Garcia, Walmart’s senior director of communications, as reported in the Merced Sun-Star. The nature of retail has indeed changed since 2005. Simply put, as customers expect faster, cheaper, and better service, finding the right balance between inventory, transportation, and labor costs is more complex than ever.

My Take: E2open Buys Terra Technology

Supply Chain Shaman

The product naming convention changed to Demand Sensing (DS) in 2005. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Today I am writing my take on the acquisition of Terra Technology by E2open.

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This Week in Logistics News (September 29 – October 3, 2014)

Talking Logistics

One of the early pioneers of software-as-a-service (SaaS) transportation management systems (TMS) was Nistevo, which was acquired by Sterling Commerce in May 2006 (Sterling Commerce had become an AT&T company in late 2005). Moving on to omnichannel fulfillment, Manhattan Associates introduced Available to Commerce™ , which gives retailers “the power to offer specific units of inventory available for sale in the most appropriate channel (online, store, same-day delivery, etc.)

This Week in Logistics News (September 3-7, 2018)

Talking Logistics

The first moment of truth in retail, as coined in 2005 by former P&G President and CEO A.G. This is yet another example of how retailers and manufacturers are trying to find the right balance between delivering an enhanced customer experience and finding the optimal mix of inventory, transportation, and labor costs. Walmart’s aim to reduce shipping costs means suppliers have to ship inventory to more locations, which adds cost and complexity to their operations.

6 Manufacturing Trends to Watch Out for in 2016

Cerasis

Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data. Between 2005 and 2008, the average annual number of robots sold was about 115,000 units. As we close the year of 2015, we want to take a look at some manufacturing trends for 2016.

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Missing: C-level Engagement to Address Supply Chain Disruption Risk

Talking Logistics

A 2005 study on the impact of supply chain disruptions revealed there is significant damage to a company’s financials and brand when a crisis or stoppage occurs. Moves that reduce inventory, remove days from cycle times, extract capital costs from transactions, or eliminate distribution centers or domestic handling costs. The report shows, for example, that firms suffering from supply chain disruption experience 33% to 40% lower stock returns compared to their peers.

With Brexit Looming, New Supply Chain Requirements Emerge

ToolsGroup

With limited inventory space available in the UK, adaptation is required. With a best practice usage of this trending technology, the right amount and mix of inventory can be held, without the risk of obsolescence. Optilon was founded in 2005 and is today active throughout the Nordic region with offices in Sweden, Denmark and Finland. On October 31st, the United Kingdom will leave the EU, with or without an exit deal.

This Week in Logistics News (June 24-28, 2013)

Talking Logistics

It provides the key warehouse management features needed to quickly deliver ROI, including the tracking and visibility of inbound orders, directed put-away, variety of picking methods, shipping, directed replenishment and inventory control. . This purchase is part of the company’s efforts to improve the fuel efficiency of its vehicle fleet 30 percent by 2020 (compared to 2005).