Remove 2007 Remove Chicago Remove Inventory Remove Procurement
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2020 Requires Big Wings and Feet

Supply Chain Shaman

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The two primary buffers in the supply chain are manufacturing capacity and inventory. Time horizon. The takeaway?

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Avoiding Dead-end Streets As We Build the Future of Supply Chain Planning

Supply Chain Shaman

I am writing this post from a hotel room in Chicago. Seasoned supply chain professionals used the mental model from the recession of 2007 as a guidepost.) Using better math to build an inventory plan for raw materials is a good idea. Procurement/Buyers Workbench. I have not been home since the end of August.

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

NC State SCRC

Supply chain resilience generally means the ability to manage risk and be best positioned to respond and even gain advantage from disruptions (Sheffi, 2007). [1] Resilience is the easy way out – it involves carrying a lot of inventory and redundancies in the supply chain that are wasteful.

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Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

When the recession of 2019-2020 happens, the whiplash will be higher than the 2007 recession. For the CFO, end-to-end is a focus on transactional flows like order-to-cash and procure-to-pay. For example, demand planning does not flow to procurement or transportation. Second Step: Understand the Role of Inventory.