2007 Conference Inventory Procurement 
Supply Chain Shaman
APRIL 9, 2021
Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Belief in efficient procurement.
Supply Chain Shaman
FEBRUARY 14, 2022
When my flight canceled, I was en route to the annual AMR conference in Phoenix. 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.
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Supply Chain Shaman
SEPTEMBER 22, 2021
One of the goals of the conference was to challenge the audience to redefine work. Similarly, after the conference, I started working with a chemical company to formulate a supply chain strategy. The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay.
Supply Chain Shaman
OCTOBER 29, 2020
If the word collaboration was listed on a card as a drinking game at supply chain conferences, we would be drunk at many. 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. Inventory.
Supply Chain Shaman
OCTOBER 8, 2019
Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The design of the conference includes tours of several modern warehouses and centers of excellence. Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Time horizon.
Kinaxis
SEPTEMBER 16, 2015
A poor procurement choice based on stale data can lead to a decline in profits. From our eBook, S&OP in the 21st century , “An audit of 50 corporate spreadsheets in 2007 revealed that 94% had errors… one for $100 million!” That could mean excess inventory sitting in a warehouse, gathering dust or depreciating.
Supply Chain Trend
DECEMBER 13, 2016
Currently as the Director of Supply Chain for Newell Brands Applied Materials, he oversees the SIOP process, production planning, procurement, warehousing, and logistics for servicing big box retailers including Walmart, Lowe’s, and The Home Depot. The part that always amazes me is the amount of business professionals this outcome surprises.
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