Supply Chain Shaman

FEBRUARY 18, 2013

Pharmaceutical companies are struggling with falling margins and rising inventories. In our work with pharmaceutical companies, most executives wince when we mention inventories. However, most do not realize that the Days of Inventory for the industry has grown 33%. It is rising inventory levels. What Can We Do?

Pharmaceutical 167

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 167

Supply Chain Matters

OCTOBER 5, 2022

Separately, the United Nations Conference on Trade and Development (UNCTAD) warned this week that the world is on the brink of recession and that a global slowdown could potentially inflict more damage than the finance crisis in 2008 and the Covid-19 shock of 2020.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52

Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. The business case should include recommendations for compensation incentives. Perceived high costs and conflicting objectives.

Supply Chain Risk Management 62

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Supply Chain Matters

JUNE 21, 2022

Since the inception of this blog in 2008, Supply Chain Matters has provided perspectives and takeaway thoughts from each annual report. GDP level, and a level not seen since 2008. Our perspectives stem from an outside-in end-to-end business process, management and cost adsorption lens vs. that reflected by logistics industry media.

Logistics Network Optimization Software 52

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Supply Chain Matters

JANUARY 10, 2023

The Ferrari Consulting and Research Group has annually published a series of supply chain management focused predictions since its inception in 2008. the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. Background. Prediction Background.

Predictive Analytics Software 52

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Supply Chain Game Changer

NOVEMBER 19, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. As a recruitment company specializing in Supply Chain and Procurement, Argentus sits at the nexus of a lot of these demographic changes. We’re maybe a ways past the 2008-2014 heyday of stereotyping millennials in the workforce. Subscribe Here!

SCM 44

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Arkieva

APRIL 7, 2016

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. It will lower cost but increase inventory or decrease turns, cfr.

Agile and Lean Supply Chain 60

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Infosys Supply Chain Management

APRIL 2, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. One of the biggest time consuming and mundane activities in warehouse management is the pick up of inventory and the appropriate shelving of inventory. Business Process Outsourcing. Customer Service.

Sourcing Strategies 29

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Supply Chain Matters

SEPTEMBER 23, 2023

As expected, with the existence of this industry’s just-in-time inventory replenishment planning, the implications of the work stoppages are cascading across individual automaker’s supply networks. The three automakers have initiated worker layoffs involving thousands across dependent facilities because of final assembly plant stoppages.

Negotiating Skills 59

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Infosys Supply Chain Management

JANUARY 13, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Todays WMS is a tightly integrated code between the intrinsic WMS functions like receiving, put away, inventory, picking, packing and shipping, which are the primary functionalities. Procurement Blog. Categories.

Supply Chain Planning Software 29

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Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. When we compare the results of P&G to its peer group for 2012-2021, P&G outperforms in inventory turns and margin but underperforms in growth and asset utilization. Was this by design? My reasoning?

Procurement Analytics 332

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Infosys Supply Chain Management

FEBRUARY 8, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Let us take an initiative such as Inventory Optimization as an example. But what has been lost is an opportunity to look at inventory optimization through the lens of revenue generation and cost optimization.

Optimal Sourcing 34

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AFFLINK

MAY 26, 2016

According to the CDC, from 2008 to 2014, hospitals that adopted HAI prevention guidelines saw a 50% decrease in bloodstream infections associated with central lines, a 17% decrease in surgical site infections, an 8% decrease in c. And it starts with strategic procurement. The good news is that most of these infections are preventable.

Vendor Strategies 54

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Supply Chain Matters

OCTOBER 20, 2023

The industry’s news cycle has pointed to increasing inventories of unsold EV ’s at dealer lots. The second factor is that true to the company’s core Silicon Valley high tech culture of striving to shatter existing industry norms and practices, the company produced its first vehicle in 2008, nearly 15 years ago.

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

Requis

JULY 14, 2020

Steeped in the investment world since 2008, Brian decided very early on to focus on supply chain and operations investment. After graduation in 2008 I joined Jeff Citron at KEC Ventures (noted for stock trading platform Island ECN and Vonage; Jeff is also known for Datek Online). That stayed with me. Data and analytics.

Supply Chain Software 126

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Infosys Supply Chain Management

JANUARY 11, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. It is the best practice to be followed since it reduces inventory, saves space and energy. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). December 2008. November 2008.

Agile and Lean Supply Chain 37

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Infosys Supply Chain Management

NOVEMBER 1, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The state of product demand planning and inventory management among retailers becoming more advanced. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources. Product Categories.

Eliminating Excel in Purchasing 30

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Infosys Supply Chain Management

DECEMBER 18, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. On the one hand, Wal-Mart was able to mitigate the availability of certain excess inventory through real-time promotions on Facebook. Business Process Outsourcing. Customer Service. Finance & Accounting.

Eliminating Excel in Purchasing 26

Eliminating Excel in Purchasing Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 26

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential. Meet Ernest.

Supply Chain Software 33

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Infosys Supply Chain Management

DECEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. During the release process, if sufficient inventory is not available, order used to get backordered. Preorders are taken into the system without checking inventory. Business Process Outsourcing. Customer Service.

Optimal Sourcing 24

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Infosys Supply Chain Management

DECEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. While Best Buys snafu may ultimately turn out to be the most visible, it was not the only retailer or online commerce provider that experienced inventory fulfillment snafus. Business Process Outsourcing. Banking Suite.

Manufacturing Procurement 29

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Infosys Supply Chain Management

AUGUST 29, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The habit of constantly monitoring real time manufacturing process through iPad and take real time decisions can drastically lead to waste reduction and optimal inventory. Procurement Blog. Customer Service.

Supply Chain Planning Software 22

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Infosys Supply Chain Management

DECEMBER 31, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Thus, many retailers, both brick and mortar and online focused, had to dynamically link available inventory with in-store, online and channel related promotional initiatives. Business Process Outsourcing. Banking Suite.

Supply Chain Planning Software 24

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Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential. Meet Ernest.

Supply Chain Software 30

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GlobalTranz

DECEMBER 7, 2015

Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data. The number of robot installations had never increased so heavily before.

Manufacturing Procurement 120

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Infosys Supply Chain Management

NOVEMBER 28, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Brick and mortar retailers will have to balance total inventories among in-store and regional distribution center stocking plans, figuring out what channels are drawing the most consumer activity. Procurement Blog.

Agile and Lean Supply Chain 28

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Infosys Supply Chain Management

FEBRUARY 11, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Moreover, since the SMEs are experts in their areas of expertise only (eg: SMEs for inventory, purchasing, shipping, financials etc.), Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38).

Agile and Lean Supply Chain 24

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Infosys Supply Chain Management

AUGUST 10, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. That in-turn raises the challenge of the ability to manage inventories across cross-channel commerce, along with the ability to position and deploy inventory to the most profitable channel and associated store outlets.

Supply Chain Planning Software 28

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Infosys Supply Chain Management

JANUARY 13, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The non-critical parts are planned in ECC with the assumption that the planning for these parts does not need advanced algorithms and the parts can be procured easily and quickly on a need basis. Procurement Blog.

Supply Chain Planning Software 26

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Infosys Supply Chain Management

APRIL 27, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Build spare parts list (bill of material) for each asset - This will help in identifying the actual problem in case of breakdowns and also in maintaining inventory levels. Procurement Blog. December 2008.

Agile and Lean Supply Chain 22

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Infosys Supply Chain Management

SEPTEMBER 24, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Typically these reasons lead to Excess Inventory, Low Asset Reliability, Non-Compliance to safety, Non-Compliance to standard maintenance procedures, reduced decision making capabilities and incorrect reporting.

Optimal Sourcing 24

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Infosys Supply Chain Management

NOVEMBER 28, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Inventory and Capacity Visibility to Order Management System. As, there is no postcode change in this case, there is no change in inventory sourcing warehouse and delivery van route. Business Process Outsourcing.

Manufacturing Procurement 20

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Infosys Supply Chain Management

NOVEMBER 11, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. It is imperative to incorporate all the above mentioned points in your planning system inorder to achieve optimum Inventory. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38).

Supply Chain Planning Software 22

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Infosys Supply Chain Management

JULY 17, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Another advantage of Yard Management and WMS integration is the virtual extension of warehouse visibility to include yard inventory. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38).

Optimal Sourcing 22

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Infosys Supply Chain Management

FEBRUARY 14, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. They understand the benefits derived from a unified view of customer orders and inventory across different fulfillment types. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38).

Agile and Lean Supply Chain 22

Agile and Lean Supply Chain Pharmaceutical Supply Chain Planning Software Supply Chain Planning 22

Infosys Supply Chain Management

SEPTEMBER 17, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Able to send real time inventory updates to website. Able to monitor the inventory real time and should be able to replenish it in quick time to reduce lost sales due to out of stock products. Procurement Blog.

Supply Chain Planning Software 26

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Infosys Supply Chain Management

MARCH 6, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In this context, the social media can be leveraged effectively to analyze customer data and achieve more insight on forecasting, planning, scheduling and inventory management. Procurement Blog. Customer Service.

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