Remove 2007 Remove Inventory Remove Meeting Remove Sourcing
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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Mistake #3.

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Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

– Operational improvements (reduction of lead time, increase in productivity, and reduction in work-in-process inventory, etc.). Enhanced Quality and Customer Satisfaction Lean Six Sigma methodologies prioritize quality improvement while ensuring that SMEs deliver products and services that meet or exceed customer expectations.

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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.

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VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group. Inventory Turns. To meet the goal, they would short cycle and not make these low volume items.

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Building the Network of Networks

Supply Chain Shaman

It is a meeting of equals. The meetings are open. The group meets quarterly with monthly conference calls in between the quarterly meeting. 90% of companies are unable to drive improvement at the intersection of inventory management, operating margin and customer service.). There are no sponsorships.

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Measuring Up?

Supply Chain Shaman

In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. In our recent analysis of supply chains that are “working well” , we find higher performance when companies have source, make and deliver reporting to the supply chain organization. Inventory Turns.

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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. Financial forecasts tend to have a negative bias (forecasts less than market potential) to ensure that employees have a better probability of meeting their bonuses. Most budgets are completed in currency at a brand level.