Remove 2007 Remove Comparison Remove Inventory Remove Manufacturing Procurement
article thumbnail

When It Comes to Planning, Please Vote with Ike!

Supply Chain Shaman

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.

article thumbnail

Have You Given Your Planner Love Today?

Supply Chain Shaman

In Figure 1, note the lowest satisfaction is Generation X (birth years of 1965-1980) in manufacturing organizations. 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. The response is often surprising.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2020 Requires Big Wings and Feet

Supply Chain Shaman

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. The two primary buffers in the supply chain are manufacturing capacity and inventory.

article thumbnail

Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

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.

article thumbnail

Will the Downturn Signal an Upturn?

Supply Chain Shaman

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.

article thumbnail

IBM Beefing Up for Matrix Commerce in 2012

Supply Chain Network

Acquisitions of Emptoris and Demandtec expanded sourcing and pricing portfolios while the new version of IBM ILOG LogicNet Plus XE further enhances supply chain network capabilities. Matrix Commerce extends beyond the sales and customer focus to include management and optimization of supporting sourcing and supply chain facets.

article thumbnail

This Week in Logistics News (August 26 – September 1)

Logistics Viewpoints

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.