Supply Chain Shaman
JUNE 1, 2022
I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. On average, industries carry 38 more days of inventory than in 2007. The problem is that most of it is the wrong inventory due to planning fallacies.
Supply Chain Shaman
MAY 3, 2015
When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.
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Supply Chain Shaman
FEBRUARY 11, 2019
Note the comparison to the larger population. It took six months for supply chain executives to sense the market downturn of 2007 and make adjustments to their supply chain. Last week, the Wall Street Journal reached out to discuss the rising inventories near the Port of Los Angeles. The response is often surprising.
Arkieva
APRIL 19, 2016
Using so called orbit charts, we have benchmarked companies on EBIT% versus Inventory Turns. That benchmark helped to reveal the ‘best practice frontier’, which in turn helped in setting aggressive but aligned targets for EBIT% versus Inventory Turns. Benchmarking EBITDA% versus Inventory Turns.
Supply Chain Shaman
OCTOBER 8, 2019
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?
Logistics Viewpoints
SEPTEMBER 1, 2023
And when Mark Goodson and Bill Todman began shopping a modernized revival of The Price Is Right, Bob Barker joined on as the host, a role he would hold until his retirement in 2007. Global trade has eased as warehouse inventories of retailers and manufacturers remain elevated,” Port of Los Angeles Executive Director Gene Seroka said.
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). I remember December 2007 like yesterday. They are not. Reflection.
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