Supply Chain Shaman

DECEMBER 15, 2015

For the discrete industries, we contrast the industry averages for growth, operating margins, inventory turns, cash-to-cash cycle, revenue per employee and SG&A ratio for the periods of 2006-2014 and 2011-2014. Inventory Turns. Progress on inventory turns is declining due to business complexity. What can we learn?

Industrial 150

Industrial Industry Inventory Reduction Metrics 150

Herlitz Inventory Management

JULY 7, 2021

Growing up with a father who developed inventory management software for a living spawned some interesting conversations around the dinner table. It hasn’t been lost here at Herlitz Inventory Management! Since 2009, when Herlitz Inventory Management was founded, annual inflation has been below 3 percent in the US. War on Terror.

Pricing Training 52

Pricing Training Purchasing Training Negotiating Skills Inventory Management Software 52

Supply Chain Shaman

SEPTEMBER 4, 2017

They all sound alike and each company makes similar claims of how the implementation of supply chain planning improves costs, lowers inventory and improves the return on assets. Note that there is an inverse relationship between inventory turns and inventory targets. So, you might be saying, “ WOAH!”

Supply Chain Planning Software 169

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 169

Supply Chain Shaman

MAY 29, 2014

I just don’t think the comparison of very different industries in a spreadsheet based on growth, inventory values, and Return on Assets (ROA) is meaningful. The metrics of growth, Return on Invested Capital, Inventory Turns and Operating Margin have the highest correlation to market capitalization. I am training for a triathlon.

Gartner 301

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 301

Supply Chain Shaman

AUGUST 11, 2014

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. During the period of 2006-2012, Campbell Soup Company outperformed its peer group on the Supply Chain Index.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Supply Chain Shaman

FEBRUARY 12, 2017

Note that neither company is making progress at the intersection of operating margin and inventory turns. The level of performance in 2015 is the same as 2006. Performance of BMS and Merck at the Intersection of Inventory Turns and Operating Margin. Next-Generation Supply Chain Training. The patterns are circular.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

Supply Chain Shaman

JULY 5, 2016

Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. Orbit Chart for Kimberly-Clark and P&G for the Period of 2006-2015. Orbit Chart of Colgate for the Period of 2006-2015. As the company spiraled in the updraft of the market, it built inventory.

Supply Chain Planning Software 150

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Industrial 150

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.” Training seldom receives the attention it deserves. ” Additional actions.

Supply Chain Risk Management 100

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

Supply Chain Shaman

FEBRUARY 22, 2015

The more that I work on supply chain metrics, the more that I believe that both the SCOR model and the Gartner Hierarchy of Supply Chain Metrics (which I worked on for the period of 2006-2010) reward functional, not end-to-end supply chain behavior. I get called frequently to talk to supply chain leadership teams about inventory.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

Supply Chain Shaman

JANUARY 18, 2016

When we do these types of analysis, we look back at the data as far as we can reach (Y chart data is available only back to 2006 in a reliable form) and then we look at the period of 2006-2014 and the more recent period of 2011-2014. (This is an analysis of traditional retail minus eCommerce pure plays.) The difference?

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Supply Chain Shaman

JULY 3, 2015

Inventory Turns (15%) (based on 2014 results). The foundation to drive meaningful improvement is reliability in driving results at the intersection of costs, inventory and customer service. for the public training in Philadelphia i n August and the content for the Supply Chain Insights Global Summit in September.

Gartner 150

Gartner Supply Chain Software Demand Planning Software Modeling Software 150

Supply Chain Shaman

MAY 19, 2016

When full-year public data becomes available in April, we take each industry and analyze results over the period of 2006-2015. I believe that supply chain leaders need to drive value-based outcomes. At Supply Chain Insights , we are taking a more methodical approach. We analyze data for all public companies in thirty-two industries.

Gartner 158

Gartner Pharmaceutical Predictive Analytics Modeling Software 158

SCMDOJO

FEBRUARY 19, 2024

– Six Sigma can design and implement a company-wide and highly structured education and training regimen – No Six Sigma project will be approved unless the team determines the savings generated from it, hence focus on bottom-line savings. – Six Sigma creates a link between tactical actions and strategic focus.

Six Sigma 75

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 75

Supply Chain Shaman

MARCH 6, 2015

In the process of compiling the Supply Chains to Admire report for last year’s Supply Chain Insights Global Summit , the research team at Supply Chain Insights calculated the rate of supply chain improvement of companies by industry for the period of 2006-2013 and 2009-2013. Table 1: Supply Chain Results Beauty Category.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 150

Supply Chain Shaman

OCTOBER 22, 2015

When I went through the training to learn the new software, I struggled. The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. The words and concepts were foreign. This lasted for weeks.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Inventory Supply Chain Planning Software 150

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 Modeling Forecasting Software 150

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 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

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

Supply Chain Game Changer

NOVEMBER 21, 2018

In the mid 1950s, this concept was extended to transportation management with the development of intermodal containers together with ships, trains, and trucks to handle these containers. imports from China grew from about $45 billion per year in 1995 to more than $280 billion per year in 2006.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 93

GlobalTranz

JANUARY 23, 2015

In the mid 1950s, this concept was extended to transportation management with the development of intermodal containers together with ships, trains, and trucks to handle these containers. imports from China grew from about $45 billion per year in 1995 to more than $280 billion per year in 2006.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Optimization 120

Supply Chain Shaman

JUNE 26, 2016

In my work tonight, I carefully studied 2006-2015 financial results to select the Supply Chains to Admire winners. Higher percentage of growth than the industry average for the period of 2006-2015. Greater margin performance than the industry average for the peer group for the period of 2006-2015. Inventory Turns.

Supply Chain Design Software 191

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 191

BlueYonder

MARCH 14, 2018

Today’s Wednesdays for Women blog is an insightful conversation with Kirsten Piacentini, Vice President of Inventory Management at L.L.Bean; who just so happens to be one of JDA’s transformative customers in retail! From 2006-2008 I lived in Costa Rica, hiring the initial 15-person IT team. This was and still is my fourth career block.

Costa Rica 40

Costa Rica Inventory Reduction Price Mitigation Strategies Buyer Training 40

Supply Chain Shaman

DECEMBER 10, 2018

It was a strategy day in 2006. In 2006, Clorox was adding businesses through acquisition, expanding globally in both existing and new markets, moving into new distribution channels, and adding customers who required different route-to-market models. I remember the first discussion with Mark and Dave. They built a guiding coalition.

Inventory Reduction 167

Inventory Reduction Cost Reduction Strategies Waste Reduction Material Savings 167

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. Our definition of Sales Inventory and Operations Planning (SiOP) at Solventure contains the following steps: Read More ».

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

BlueYonder

APRIL 3, 2019

In 2006, I worked for Circuit City and I installed JDA Category Knowledge Base there. I trained everyone on all the software, including some elements related to inventory and how it was planned for each store. I have a 13-year-old daughter and an 8-year-old son. You joined JDA after working in retail. What was that like?

Puerto Rico 40

Puerto Rico Supply Chain Planning Software Knowledge Base Supply Chain Design Software 40

JDA software

APRIL 3, 2019

In 2006, I worked for Circuit City and I installed JDA Category Knowledge Base there. I trained everyone on all the software, including some elements related to inventory and how it was planned for each store. I have a 13-year-old daughter and an 8-year-old son. You joined JDA after working in retail. What was that like?

Puerto Rico 40

Puerto Rico Supply Chain Planning Software Knowledge Base Supply Chain Design Software 40

BlueYonder

MARCH 14, 2018

Today’s Wednesdays for Women blog is an insightful conversation with Kirsten Piacentini, Vice President of Inventory Management at L.L.Bean; who just so happens to be one of JDA’s transformative customers in retail! From 2006-2008 I lived in Costa Rica, hiring the initial 15-person IT team. This was and still is my fourth career block.

Costa Rica 24

Costa Rica Inventory Reduction Price Mitigation Strategies Buyer Training 24

Material Handling & Logistics

DECEMBER 12, 2017

Since 2006, Abe Eshkenazi has served as CEO of APICS, a trade association focused on offering research, education and certification programs in supply chain management. Eshkenazi : For many years we’ve trained individuals to be functional and technical experts in their organizations, and that used to be sufficient.

Supply Chain Design Software 58

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 58

RFgen

AUGUST 7, 2022

In addition to a reliable ERP system, mobile inventory solutions can reduce the impact of a recall by shortening its duration and limiting the recalled product to only that product that is defective. 38% of companies list inventory traceability as a top challenge, according to the 2022 Digital Inventory Report. JB Tolleson, Inc.

Food 52

Food Supply Chain Design Software Supply Chain Software Manufacturing Procurement 52

Supply Chain Shaman

JUNE 6, 2015

One of my favorite speeches, over this fifteen year tenure, was listening to Alan Greenspan at the AMR Research IT conference in November 2006. Inventory piles up and revenues gaps are closed by pushing product into the market. At the time, Alan was frail. He spoke from a chair in a stilted voice with an uneven tempo.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Precoro

FEBRUARY 9, 2024

"Finance and leadership teams thought it might be too technical to train everyone to use some new software; it would be too much work. After configuring the users, the Business Project Lead had drop-in sessions with different departments in the first six months to train people on how to use the software.

Purchasing Skills 52

Purchasing Skills Pricing Training Purchasing Training Procurement Solutions 52