Supply Chain Shaman

FEBRUARY 14, 2022

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels. Industries carried on average 32 days more inventory in 2020 than in 2007.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Opz

MAY 25, 2013

The purpose of this article is to shed the new light on this topic, who coined the terms, the true meaning of the terms and its relationship with other disciplines. According to Lummas et al 2001 , the word "Logistics" in English appeared in the article as early as in 1898. What do we know about "Logistics" and "Supply Chain" to date?

Supply Chain Planning 248

Supply Chain Planning Supply Chain Strategy Military Supply Chain 248

Talking Logistics

OCTOBER 5, 2015

That quote came from a Wall Street Journal article published last week about supply issues Pratt & Whitney (a unit of United Technologies) experienced this summer that almost brought its engine production operations to a halt. Here are some additional details from the article: Pratt had contracted with United Parcel Service Inc.

Negotiate Pricing 100

Negotiate Pricing Pricing Training Purchasing Training Negotiating Skills 100

Supply Chain Shaman

MARCH 8, 2016

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. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The Company has a checkered past.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Precoro

JUNE 21, 2023

Accounting policies and assumptions in areas such as inventory valuation methods, depreciation methods, and criteria for estimating fair value. We'll look into the differences between GAAP and IFRS later in the article. Measuring assets (like property and equipment) and liabilities (loans and obligations). How is GAAP used for AP?

Procurement Analytics 98

Procurement Analytics Expense Reduction Procurement Solutions Guidelines 98

Supply Chain Brain

JANUARY 15, 2018

Van Gundy believes the corporate landscape is different from what it was in the early 2000s and during the Great Recession of 2007-2008. Where in the past they might have focused primarily on days payable outstanding (DPO) as a financial metric, they’re now giving equal attention to days sales outstanding (DSO) and inventory levels.

Inventory Reduction 40

Inventory Reduction Survey Demand Planning Software Manufacturing Procurement 40

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54