SCMDOJO

FEBRUARY 19, 2024

– Operational improvements (reduction of lead time, increase in productivity, and reduction in work-in-process inventory, etc.). 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.

Six Sigma 80

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 80

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Ernest Nicolas joined Rockwell Automation in 2006. Meet Ernest.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Enterra Insights

JUNE 9, 2020

… 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.” During a pandemic the ability to shift to alternative sources could prove crucial.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Planning 100

Enterra Insights

JUNE 26, 2019

Teams continuously balance cost, customer service, asset utilization and inventory. 3] Back in 2006 he laid out the challenges he saw with S&OP processes. As a result, Dooley found “excess inventories, expediting, poor order fulfillment, overtime and poor resource utilization [were] a fact of life.

S&OP 100

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 100

Supply Chain Shaman

APRIL 27, 2022

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. Was this by design?

Procurement Analytics 320

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 320

Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). ” They questioned, “ How long will this recession last?

Supply and Demand 150

Supply and Demand Forecasting Forecasting Software Modeling 150

Arkieva

JANUARY 6, 2017

Arrange your inventory based on how often you need to use it. View the full post or view the snippet below: Over the last 5 years, I have seen many companies launching inventory reduction programs. Supply Chain Complexity 1 – Plan/Source/Make/Deliver/…. It tries to connect the suppliers’ supplier to the customers’ customer.

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

Unleashed

MAY 12, 2022

Here we take a closer look at each of these popular platforms: Shopify for B2B eCommerce Shopify, the Canadian platform founded in 2006 , has grown into a behemoth of the sector, and now operates across 175 countries. Compare this with Magento, which – with its open source offerings – has a far more fluid pricing structure.

Inventory Management Software 98

Inventory Management Software Analytics Software Demand Planning Software Modeling Software 98

Supply Chain Shaman

FEBRUARY 23, 2017

The composite of metrics includes growth, operating margin, inventory turns and Return on Invested Capital.) We group companies by NAICS codes to study year-over-progress at the intersection of operating margin and inventory turns. Inventory Turns. We eliminate the lower 1/3 of companies for the period from consideration.

Agile and Lean Supply Chain 153

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 153

AFFLINK

MAY 17, 2017

Customer preferences are even more particular now than they were nearly twenty years ago. Good customer service ensures that each guest can have his stay meet his or her specific interests. Inventory Management. Customers wanted the meat, but the restaurant couldn’t provide. Problems with inventory management.

Optimal Sourcing 48

Optimal Sourcing Inventory Reduction Supply Chain Design Software Vendor Strategies 48

ShipBob

AUGUST 3, 2020

Founded in 2006, this firm is slightly newer in comparison to others. Product sourcing. Product sourcing is the process of purchasing or creating products that you can sell. You must be able to manage inventory turnover seamlessly and prevent stockouts. Having customer service that sets them apart from incumbent brands.

Trends 105

Trends Purchasing Skills Manufacturing Procurement Modeling Software 105