Remove 2007 Remove Inventory Remove Metrics Remove Procurement

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. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. Average Inventory Levels by Industry over the Period of 2010-2018.

The Best Practice Frontier in the 3D Supply Chain Triangle

Arkieva

Ensure continued alignment by sharing inventory turns as a KPI. Figure 1 shows it for inventory and service. The idea is that more service, typically comes with a higher inventory (or lower turns). They increase the service but require a higher inventory.

Spreadsheets – A Look Back

Kinaxis

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!”

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