Who said supply chains are boring?: Supply vs demand in the razor.

Supply Chains Rock

Thursday, August 28, 2008. Knowing how acclaimed, P&Gs supply chain is, I was shocked to find out that inventory was allowed to get so low across the city. Who said supply chains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supply chain" are muttered I immediately see glassy eyes followed by a yawn or two.

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Who said supply chains are boring?: AMR Research Supply Chain.

Supply Chains Rock

Wednesday, June 04, 2008. I mean, the iPhone has been sold out in stores for months and while that make create strong demand and create buzz, it certainly doesnt bode well for the planning inventory and demand system. Who said supply chains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supply chain" are muttered I immediately see glassy eyes followed by a yawn or two.

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SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. As I sat with the team, and discussed the future of supply chain, they impressed me with their by their use of planning tools and their process diligence on building inventory strategies to enable a customer-segmented supply chain. Platitude: a flat, dull, or trite remark, especially one uttered as if it were fresh or profound.

Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

Reason #6 Not effectively managing inventory. A bad decision can result in missed orders, significant inventory, or scrapped materials. They do their jobs moving inventory from here to there, opening orders that the system says should be opened, cancelling orders that the system says should be cancelled, yet never questioning why or whether it makes sense. By doing this, they could potentially save the company millions of dollars in excess inventory.

Getting Inventory Right: Hope with Hype and Recycled Software?

Supply Chain Shaman

In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. In the research for my inventory optimization report, the lowest level of satisfaction with multi-tier inventory optimization is with clients of the SAP inventory solution (previously purchased from SmartOps). ILOG was then purchased by IBM for $340 million in 2008. It is morning in Orlando. The sun is rising.

What are the Impediments to an Effective Global Trade?

Global Trade Management

Monday, 4 August 2008. arviem, founded in 2008, has grown organically to become the leading service provider for real-time cargo monitoring. ▼ 2008. (7). Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today. The size of global trade has nearly doubled since 1990. The healthy growth continues as world merchandise trade continues to grow with an average of 10% per year.

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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. Figure 1 – The best practice frontier – Inventory vs Service. An example can be refining the safety stock calculations and adopting a stochastic inventory optimization.

Supply chain risk management in 2017

Kinaxis

Interestingly enough, the first episode of Breaking Bad that aired in 2008 reflected what it was like being in supply chain risk management at the time: “Hey, a science teacher is cooking meth, how much worse could it get?”. My guess is people who didn’t see the show were the supply chain practitioners too busy trying to ride the storm of the 2008 financial crash. Maybe the one good thing to come out of it was some companies figured out how they could survive with lower inventories.

A Brief History of WMS in the Supply Chain

Cerasis

As the world moved forward, the basic concept of managing warehouse inventory did not change much. The 1900s to Late 1930s: World War I Witnesses the Introduction of Hand Trucks for Moving Materials and Managing Inventory. Products would be stacked up to 12-feet high, but this left little room for the varying product in each stack, and exact inventory counts were difficult to track. In the 1980s, the use of AS/RS declined as excess inventory drove storage costs higher.

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Resiliency of Your Supply Chain – And How to Improve it.

Adexa

However, we have many other events including recent tariffs and trade wars, economic downturn of 2008, and tsunami in Japan. If the latter, then it makes sense to pay the premium to adjust inventory and buffer levels in the right places in order to mitigate the risk.

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Marketing during Crisis and Recession, Part 2

Enterra Insights

Some experts believe there are lessons to be learned from the 2008 recession. Back in 2008 Nigel Hollis ( @nigelhollis ), Chief Global Economist at Millward Brown, wrote, “Everyone is talking about recession. ”[2] One thing we should be clear about up front is that there is every reason to believe the economy will rebound and sooner than it did from the 2008 financial crisis. Back in 2008, the focus was primarily on financial issues.

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A “Swiss Army Knife” of Supply Chain Talent Requirements: Views from a Former Wolfpack Student

NC State SCRC

Stuart William was in one of my former MBA classes at NC State in 2008, and graduated into one of the worst economies ever in May of 2009. He became a director at that point, working with sales planning, inventory planning, and financial planning, and pulling together the Sales and Operations Planning team, as well as introducing new products and eliminating obsolescence. in inventory, and well over double the sales volume.

Are Ocean Freight Prices Absolutely Broken?

Freightos

It starts back in 2008. . Businesses whose inventories ran down slowly since March started restocking. Untapped vacation money shifted to spending more on goods, and the move from brick and mortar to eCommerce required inventories. .

Supply Chain Management:Increase in Operational Efficiency.

Infosys Supply Chain Management

One of the biggest time consuming and mundane activities in warehouse management is the pick up of inventory and the appropriate shelving of inventory. Imagine picking up inventory from the warehouse without having any paper lists or even any barcode scanners. Yes, voice technology enables hands and view free inventory pick up, stock put away and inventory management in the warehouses in real time. December 2008. November 2008. October 2008.

Supply chain pain points: Automotive

Kinaxis

Solution: Work toward end-to-end supply chain visibility with insight to planned and current demand, inventory, capacity, constraints and supply at any desired level of the product hierarchy. While demand is picking up, and companies are responding by increasing their production, suppliers are still cautious after the recession of 2008. That typically means higher inventory levels, tying up scarce capital and leading to higher obsolescence charges.

7 Best Supply Chain Books of All Time

Supply Chain Opz

Only highly relevant books about fundamentals of supply chain management will be listed (books discuss algorithms for supply chain network design extensively are not included here, books about information system, customer service, project management, inventory management, purchasing, lean manufacturing, six sigma are not included here either.) - In case of newer books, we use Amazon Sales Rank to determine the books' performance. 2008).

Top Warehouses in North America 2013

The Logistics of Logistics

Back in 2008, just before the U.S. In lean consulting, you would often find excess inventory, rework, over processing and other wasteful practices inside a warehouse. The warehouse business is made up of the following 7 service offerings: pick and pack , cross-docking , fulfillment , distribution center management , vendor managed inventory , sub-assembly and site location. “The line between disorder and order lies in logistics…” Sun Tzu.

Is Omnichannel Dead? Of Course Not…However, the Focus Is Now on Customer Experience in Omnichannel

Cerasis

Omnichannel has been a go-to plan for retailers since 2008, but it is changing. Amazon is entering this learning curve as Whole Foods stores feel the pressure of reduced employee morale and near-empty shelves, reports Daphne Howland via Retail Dive , resulting from a strict inventory management system. Omnichannel, as a word and strategy in retail, is shifting.

Companies See Strongest Working Capital Performance Since Recession

Material Handling and Logistics

significantly improved their ability to generate cash in 2017, producing the strongest working capital performance since 2008. However, their ability to collect from customers and manage inventory actually both deteriorated, masked by a significant increase in the time companies take to pay suppliers, according to the latest Working Capital Survey results from The Hackett Group. days and Days Inventory On hand (DIO) rose by just 0.6% and hold less than half the inventory (23.9

Machine Learning in Supply Chain Planning

Logility

One could argue that Machine Learning could contribute to meeting cost, revenue and customer service goals, but clearly there’s more focus today on basic supply chain planning capabilities like Demand Planning, Inventory Optimization, Sales & Operations Planning, and Supply Planning and Optimization. One powerful example is the use of Multi-Echelon Inventory Optimization (MEIO) to automatically adjust inventory positions. Are we ready? And if so what's involved?

The Best Way to Disrupt Your Supply Chain Management? 100% Supply Chain Visibility and Accurate ETAs.

Savi

The objective for Walmart is to always be in stock, but with minimum investment in inventory on the shelves. Savi Visibility uses millions of data points – IoT, Transportation Management Systems (TMS), carrier, EDI messages and GPS and satellite data from sensors – to deliver live streaming visibility of in-transit inventory. Related Posts: It’s 2018, Supply Chain Management Software From 2008 Won’t Cut It The post The Best Way to Disrupt Your Supply Chain Management?

Sales and Operations Alignment: Often The Missing Link

Supply Chain Shaman

Orbit Chart Comparing Syngenta and Monsanto Progress on the Effective Frontier – Balancing Inventory Turns and Operating Margin for the Period of 2005-2014. Orbit Chart of Syngenta and Monsanto of Progress on Operating Margin and Inventory Turns. However, in 2008 when the business grew +20%, inventories declined substantially, and part of his team won a Syngenta internal award, it became clear. In 2008 the market was ballistic.

5 pieces to the global capacity management puzzle

Kinaxis

The 2008 downturn hit suppliers extremely hard, putting some out of business. If you’re building products customers don’t want, you have money tied up in inventory and marketing programs, and have to work harder to try to move vehicles. David describes inventory as “… dead money, it’s not making money, it’s costing money.” Minimizing inventory and holding costs and maximizing revenue is a critical competitive differentiator.

Origin of Logistics & Supply Chain Revealed! - SupplyChainOpz

Supply Chain Opz

Frankel et al 2008 indicated that " supply chain " and "supply chain management" first recognized in the 1980s. Here at resupply points, inventory was stored for up to 8 days. Moreover, Supply Chain is not the result of Marketing/Production Planning/Operations Management interface as stated by Mentzer et al 2008. NAVIGATE. Basics. Case Studies. Graphics. All Posts. About. Copyright. Privacy. Blogroll. Origin of Logistics & Supply Chain Revealed!

Demand Planning Survey Shines Light on Supply Chain Attitudes

Logility

The demand planner is a critical role in any supply chain—these people can commit a company to millions of dollars in inventory or capacity. He suggests this can be linked to reduced headcount following the 2008 global recession and greater use of automated demand planning solutions. Is Demand Planning just a stepping stone? Dan Gilmore at Supply Chain Digest has some interesting survey numbers that may light a fire under some demand planning teams.

The Procurement Economy in 2019: Bracing Yourself for the Future

Jaggaer

Research on supply chain following the 2008 economic recession found that supply chain executives took several major steps to deal with the decline, each of which is particularly relevant as we enter 2019. This also required creating a flexible supply chain by creating preferred responses to possible changes, as well as realigning inventory in order to free up cash. During the 2008 market recession, many companies suffered because they failed to reduce capacity as demand plummeted.

The Belt and Road Initiative: Rail Service between Europe and Asia

CH Robinson Transportfolio

As early as 2008, multinational companies began experiencing rising labor costs in China’s coastal provinces. Air freight service is a perfect option for your just in time deliveries, but those that can wait in inventory for additional time may make more sense to move via rail service. Have you ever considered changing your traditional mode of transportation? Or are you still moving products by air or ocean? As demands change, so must our supply chains.

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Demand Planning Survey Shines Light on Supply Chain Attitudes

Logility

The demand planner is a critical role in any supply chain—these people can commit a company to millions of dollars in inventory or capacity. He suggests this can be linked to reduced headcount following the 2008 global recession and greater use of automated demand planning solutions. Is Demand Planning just a stepping stone? Dan Gilmore at Supply Chain Digest has some interesting survey numbers that may light a fire under some demand planning teams.

50 warehouse automation stats you should know

6 River Systems

Bureau of Labor Statistics , there are 18,182 private warehousing establishments as of 2018, up from 15,203 in 2008. in Q1 2017, the lowest since 2008.” According to Logistics Management’s 2018 Warehouse / Distribution Center Survey , “Respondents took a range of actions to lower operating costs, including improving processes, improving warehouse information technology (IT), improving inventory control, and leveraging a 3PL.

Point-of-Sale Data Use Cases Fuel Effective Trade Promotion Execution

Supply Chain Insights

Beginning with the 2008 “New Ways of Doing Business” initiative between Oracle, Wegman’s and Smucker’s, I was fortunate to be a member of the design and development team that created a DSR to accommodate the rich findings from that project. Incorporating retailers’ daily POS and inventory data into TPM and TPO processes dramatically increases a CPG’s visibility and control over their sales to consumers.

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Transportation Outlook: What if There's Another Recession?

PLS Logistics

And, there are signs of an impending recession: consumer spending was severely hampered by education and healthcare costs despite cheap gas, overall inventory to sales ratios are high and continue to rise, and the Chinese economy is stumbling. But given the damage the 2008 recession did to the freight transportation industry, questions have to be asked – what happens if there’s another recession? As of June 2016, the U.S. economic outlook is uncertain.

Is Your Supply Chain Ready for the Recession?

Enterra Insights

This year’s fall in output would be far more severe than the last recession, when the world economy contracted by less than 1 percent between 2008 and 2009.” Challenge 1: Customers Cancel Orders and Finished Goods Inventory Builds Up. Challenge 3: Raw Inventory Builds Up as Material Keeps Arriving.

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Top 15 Supply Chains to Admire from the Supply Chain Insights Conference

Kinaxis

While other “lists” use ROA, Inventory Turns and Revenue Growth, I find Lora’s science very objective. She is analyzing growth, inventory turns, operating margin, and return on invested capital, performance and improvement over time. . “ While 12 out of 13 improved resilience, 11 out of 13 lost ground at the intersection of operating margin and inventory turns. They’ve ranked #1 in the AMR/Gartner list for 7 straight years, since 2008.

Building Recession-beating Supply Chain Resilience & Agility

Unleashed

The last global recession was in 2008, leading some economists to believe the next one is overdue. The inventory to sales ratio, also known as inventory turnover , measures the amount of inventory in your store compared to the number of sales you’re fulfilling. Waning demand is often the biggest effect of a recession in the supply chain, imposing immediate risk of excess inventory stock.

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Why investors are looking at supply chain technologies in 2020

Requis

No one’s saying we’re going to replace them any time soon, so the CFO can continue to get his financial and inventory data, but we can better manage execution decisions in transportation or a planning decision around inventory positioning using AI/ML and real-time data.”.