Remove 2010 Remove Books Remove Inventory Remove Procurement
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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

Heavily booked and running from meeting to meeting, I was late. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs. The reason? Figure 1.

Gartner 243
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AI This. Not So Fast.

Supply Chain Shaman

I am also developing a framework for my new book. Orbit Chart of TJX Versus Peer Group for the Period of 2010-2019. Orbit Chart for Ecolab at the Intersection of Inventory Turns and Operating Margin Versus the Chemical Industry for the Period of 2010-2019. Procurement and transportation operated as islands.

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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. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

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Getting Ready for 2017: Reflections on Telling Lies

Supply Chain Shaman

In a nutshell, the research states there is a correlation between cost, inventory, and forecast performance. My problem is I see many organizations working hard on the forecast, but not improving inventory and replenishment processes; and, I think that the Hierarchy of Metrics did not go far enough. Just the opposite. Reflections.

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Five Things We Can Do to Get Ready for the Next Pandemic

NC State SCRC

Handfield, 2010, p. I have written two books on pharmaceutical and healthcare distribution (Handfield, 2012; 2013), and have highlighted a number of structural issues with healthcare distribution that make it problematic for distributors to house finished goods inventory buffers or at point of care. 1] Handfield, R.

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No Easter Bunny?

Supply Chain Shaman

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. This is the world view of finance and why there is so much friction between procurement and finance.

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6 Manufacturing Trends to Watch Out for in 2016

GlobalTranz

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. Between 2010 and 2014, the number rose to about 171,000 units.