Supply Chain Shaman

JUNE 12, 2020

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.

Inventory Management Software 254

Inventory Management Software Inventory Management Inventory Reduction Inventory 254

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory. My takeaway?

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Supply Chain Shaman

MARCH 28, 2016

In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. When this happens, we find that the organization is more aligned and perform(s) better on the Supply Chain Metrics That Matter –growth, inventory turns, operating margin, Return on Invested Capital (ROIC). (We

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Enterra Insights

OCTOBER 3, 2023

Justin Honaman , Head of the worldwide Consumer Packaged Goods (CPG) Food & Beverage organization for Amazon Web Services, reports that the term “digital twin” may be newly coined, but the concept has been around for years. 12, December 2007. ”[2] What is a Digital Twin?

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 130

Elementum

NOVEMBER 27, 2018

One year in, we take a look at what’s changed so far — and how it could spell the beginning of a new era for the food and beverage industry. Since 2007 it faced its share of challenges, including losing out to Walmart as the biggest seller of organic food in the U.S. Supply Chain Operations.

Food 74

Food Inventory Reduction Sourcing Strategies Purchasing Skills 74

The Logistics & Supply Chain Management Society

JULY 20, 2020

The rush to stockpile basic needs like food, beverages and toilet paper led to a dramatic increase in sales at retail outlets such as supermarkets. This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. In a crisis economic factors are critical.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

RFgen

FEBRUARY 28, 2023

These include: Barcodes: Barcodes can be used to track products and materials throughout the supply chain and validate inventory levels. Nestle Nestle, the world’s largest food and beverage company, has implemented several traceability initiatives in the supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 52