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 Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Supply Chain Shaman

FEBRUARY 14, 2022

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. Industries carried on average 32 days more inventory in 2020 than in 2007.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Precoro

JUNE 21, 2023

Around the world, governments and regulatory bodies have established guidelines for companies’ accounting departments to follow when it comes to bookkeeping. Accounting policies and assumptions in areas such as inventory valuation methods, depreciation methods, and criteria for estimating fair value.

Procurement Analytics 98

Procurement Analytics Expense Reduction Procurement Solutions Guidelines 98

Taulia

JULY 11, 2023

Blog Expert Advice 8 min read 11 Jul 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 5 supply chain initiatives to combat ESG risks Environmental, social, and governance (ESG) risks are a threat to both the operational health and reputation of diverse companies.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Supply Chain Optimization Material Savings 40

Unleashed

JULY 11, 2021

National governments also establish the setting for what makes a product sustainable. B-Corp certification is rapidly becoming something of a gold standard in terms of environmental, social and corporate governance best practice. Possibly the most well-known of all the global certifications listed is the Energy Star rating.

Sustainability 98

Sustainability Manufacturing Procurement New Zealand Waste Reduction 98

NC State SCRC

MAY 11, 2020

In today’s post I am sharing insights from a position paper that my colleague Dan Finkenstadt, PhD , myself, and other academic and government officers are working on. 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]

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization Pharmaceutical 52

Bristlecone

MARCH 31, 2020

The financial crisis of 2007-08 was referred to as a black swan event because it caused catastrophic damage to the global economy and triggered widespread disruption to people’s lives. Increasingly, businesses are driven by the need to improve productivity, minimize costs, reduce inventory and drive up asset utilization.

Modeling 52

Modeling Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52