Supply Chain Shaman

DECEMBER 28, 2020

Strangely, in the last decade, while companies had the opportunity to use technology better, supply chain performance declined. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. Days of Inventory Comparison. What can we learn?

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Supply Chain Shaman

JUNE 29, 2022

increase in 2010, eleven years ago. In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. The cash-to-cash impact for debt-laden chemical companies with 2% growth and 4% margins offers little room for error.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 256

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. These are the companies and leaders that aren’t letting a good downturn go to waste. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

increase in 2010, eleven years ago. In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. The cash-to-cash impact for debt-laden chemical companies with 2% growth and 4% margins offers little room for error.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Shaman

JULY 3, 2017

As a result, supply chain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance. We are making a mistake of having companies tasked with a force march to implement the “tightly integrated supply chain” that is inflexible and cannot sense market trends. This is often the case.

Inventory Reduction 157

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 157

Supply Chain Insights

JUNE 19, 2017

I wanted to take one particular company and calculate their results myself to understand the methodology fully. Balance looks at the change in Revenue Growth and the change in Return on Invested Capital (ROIC) over the years included in the analysis (2010 – 2016). Supply Chains to Admire Methodology. Looking at Proctor and Gamble.

Examples 137

Examples Supply Chain Strategy Supply Chain Inventory Reduction 137

ToolsGroup

MARCH 17, 2020

Gartner research shows that companies that continued to increase earnings while others declined in 2009 and 2010 were those that were able to keep their foot on the gas through the downturn because they had planned responses in advance. The real world rarely follows the rules–the Coronavirus is more evidence of this reality.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Companies need to rethink the misguided thinking on one-number forecasting. #2 Only a mature company realizes that demand is a river with the need to manage the flows at strategic, tactical and operational time horizons.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

Supply Chain Shaman

JUNE 13, 2017

The first number in a cell represents the average value for a specific industry for 2010-2016, and the percentage on the second line is a comparison of the average for 2010 when compared to 2016. The industry made progress on revenue/employee, but struggled on growth, margin, inventory turns. What can we learn from the analysis?

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 0

Kinaxis

FEBRUARY 24, 2017

Maybe the one good thing to come out of it was some companies figured out how they could survive with lower inventories. The 2010 volcanic eruption in Iceland. For example, travel was halted all together as a result of the 2010 Eyjafjallajökull volcano. Doing more with less wasn’t an option; it was a necessity.

Supply Chain Risk Management 214

Supply Chain Risk Management Risk Management Agile and Lean Supply Chain Supply Chain 214

Stord

OCTOBER 4, 2023

New York, NY and Atlanta, GA, October 4, 2023 – Stord , a leader in high-volume fulfillment services and technology for omnichannel mid-market and enterprise brands, announced its partnership today with Athletic Greens , the global health company behind the daily foundational nutrition supplement AG1. Learn more at drinkAG1.com.

Optimal Sourcing 60

Optimal Sourcing Optimization Software Supply Chain Software Logistics Network Optimization Software 60

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) I wanted to help companies drive step-changes in performance. My argument centered on the observation that as new technologies evolved, companies did a lift and shift. Companies want a definitive Return on Investment (ROI), limiting the opportunity to test and learn with new technologies.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. We group companies by industry sector because the industries are so different in performance.

Gartner 209

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 209

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. The company is present in 38 nations and has more than 40,000 employees. It is part of Koch Industries. The Molex Supply Chain.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Arkieva

APRIL 19, 2016

In those blogs we have shown there is a lack of alignment when setting targets for the Cash, Cost and Service in companies. Using so called orbit charts, we have benchmarked companies on EBIT% versus Inventory Turns. As recaptured in Figure 1, the inventory turns are a measure on the ‘cash’ side of the triangle.

Benchmarking 60

Benchmarking Inventory Reduction Inventory Expense Reduction 60

Supply Chain Shaman

JUNE 26, 2017

The comment was, “While I appreciate comparing companies to their peers, I am lost on how Amazon and Walmart can be excluded (nevermind P&G). Walmart excluded who has also revolutionized Supply Chain and is now the largest company in the world (double the revenue of #2), and the 11th most profitable company in the world.

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

Supply Chain Shaman

JUNE 30, 2018

Public markets reward growth; and as year-over-year revenues slow, companies attempt to grow using tactics like new product launch, price incentives and trade promotion management. Companies with the lower score on the Index are driving faster rates of metrics improvement. Unfortunately, most companies are not good at these basics.

Supply Chain Design Software 163

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 163

Elementum

NOVEMBER 2, 2015

Co-opetition—a tactic where companies collaborate with their competitors—could be the surprising answer to some industries’ biggest problems. The Kindle’s popularity was usurped by the iPad release in 2010— but Amazon quickly partnered up with Apple (and later, Android) to release the Kindle App, again widening its market.

Company 60

Company Resource Reduction Waste Reduction Inventory Reduction 60

Supply Chain Shaman

SEPTEMBER 4, 2017

Over the course of the last quarter, with the help from Cloudera, we built a data lake of with data from 1449 public companies. We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. The analysis was industry-specific.

Supply Chain Planning Software 171

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 171

Enterra Insights

JANUARY 25, 2023

”[2] The most successful companies in the Digital Age will be those that demonstrate the best “phygital” fitness (i.e., companies that leverage digital processes to optimize real-world outcomes). Digital twins can simulate any aspect of a physical object or process. will be taken for granted.

Supply Chain Design Software 130

Supply Chain Design Software Modeling Predictive Analytics Software Optimization Software 130

Logistics Viewpoints

NOVEMBER 4, 2022

Here’s how it works: After a company lists its offering on Popable’s website, small businesses can then be paired with their local participating Walmart to connect and enter into an agreeable temporary leasing agreement. The space race is heating up as more companies look to colonize like the Jetsons. percentage points higher at 76.9

Logistics Network Optimization Software 199

Logistics Network Optimization Software Logistics Negotiating Skills San Diego 199

QAD

NOVEMBER 19, 2020

Efficient Inventory Management . The Santa Clara Medical Center reported that 383 medical items went missing between 2010 and 2014, including incubators, heart monitors and mammography machines. The investigation concluded that the equipment was lost due to an inefficient inventory monitoring system. .

Inventory Management Software 93

Inventory Management Software Supply Chain Software Material Savings Supply Chain Planning Software 93

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. Pinnacle Propane was founded in 2010 through the acquisition of several retail propane companies in Central, South and West Texas. Pinnacle Propane Delivery to a Farm.

Forecasting 167

Forecasting Forecasting Software Optimal Sourcing Modeling 167

Supply Chain Shaman

JUNE 14, 2018

Companies state that they want bold change; but within the company, I find swirling inaction. Companies are at a tipping point. I am speaking to companies that are being held hostage to SAP HANA upgrades with 70% cost overruns and 60% time schedule expansion. Days of Inventory by Industry Across Years.

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

Supply Chain Shaman

DECEMBER 29, 2016

In a nutshell, the research states there is a correlation between cost, inventory, and forecast performance. In my work I encouraged companies to improve their demand forecasts and advocated, that if this happened, overall performance could improve. The belief is that companies can invest in technology bimodally. Reflections.

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

QAD

MAY 12, 2022

Sustainable business practices are not only good for the environment, they can increase company viability in the long term through growth, global competitiveness and customer satisfaction. The company has also contributed millions to support national parks. Contributions to Manufacturing Sustainability.

Sustainability 94

Sustainability Alabama Inventory Reduction Cost Reduction Strategies 94

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. As seen in the chart below from the Commerce Dept.,

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

DELMIA Quintiq

AUGUST 13, 2014

Alex achieves the almost impossible feat of turning around his failing production plant and making it the most profitable operation in the company. Next, he translates the financial metrics into three measurements applicable to production: throughput, inventory and operational expense. Got a comment? Reference: Goldratt E.,

Scenario Planning 214

Scenario Planning Supply Chain Planning Software Predictive Analytics Software Expense Reduction 214

Herlitz Inventory Management

JULY 7, 2021

Growing up with a father who developed inventory management software for a living spawned some interesting conversations around the dinner table. Around 1980, Anders left IBM and started his own company where he introduced the Forward Buying Module, which gave much-needed financial support to his wholesaler customer base. Bank crisis.

Pricing Training 52

Pricing Training Purchasing Training Negotiating Skills Inventory Management Software 52

Supply Chain Shaman

JULY 22, 2019

No company in the past decade achieved the promised economy of scale. Companies performing the best have three characteristics: Business Model Innovation. Smaller, more agile companies outperform the larger and well-known brands in the retail, beverages, food, and pharmaceutical industry sectors. Leadership. Celebrating Success.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 253

Talking Logistics

JULY 8, 2016

Heavy-Duty Truck Orders Fall to Lowest Since 2010 (WSJ – sub. As reported by Loretta Chao in the Wall Street Journal: Orders for new heavy-duty trucks hit a nearly six-year low in June, indicating that trucking companies expect little relief from a weak freight market and sluggish economic growth. percent from 3 percent.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Demand Planning Software Supply Chain Network Software 100

Synovos

DECEMBER 5, 2023

They were a new company that had taken over an existing manufacturing plant and lacked the infrastructure needed to keep the facilities in good working order, whether that was buyers to order parts or an accounts team to manage the purchasing process. It’s a fine line for every company,” says the site manager.

Manufacturing Procurement 52

Manufacturing Procurement Food Purchasing Skills Supply Chain Software 52

Synovos

DECEMBER 5, 2023

They were a new company that had taken over an existing manufacturing plant and lacked the infrastructure needed to keep the facilities in good working order, whether that was buyers to order parts or an accounts team to manage the purchasing process. It’s a fine line for every company,” says the site manager.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Purchasing Skills Optimal Sourcing 52

Supply Chain Shaman

FEBRUARY 22, 2015

Companies that have the most to lose, will drive the fastest rate of change on the Index. The more that I work on supply chain metrics, the more that I believe that both the SCOR model and the Gartner Hierarchy of Supply Chain Metrics (which I worked on for the period of 2006-2010) reward functional, not end-to-end supply chain behavior.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

Supply Chain Shaman

JULY 18, 2017

Companies are questioning how to move forward. Last week, I spent time with large chemical companies engrossed in this discussion. In Figure 1, we share the profiles of the companies in the industry. Usually, a company just starting the journey will make progress faster than a company that has been on the journey for many years.

Supply Chain Planning Software 201

Supply Chain Planning Software Chemicals Supply Chain Design Software Sourcing Strategies 201

The Logistics & Supply Chain Management Society

JULY 16, 2023

Similarly, during the 2010 volcanic eruption in Iceland, which disrupted air travel across Europe, fashion retailer Zara showcased its agility by rapidly adjusting its distribution network to ensure timely delivery of products to customers. The pandemic has emphasized the significance of financial resilience in supply chains.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

synchrono

DECEMBER 4, 2017

When consumer demand dropped due to the recession, this excess capacity could no longer be ignored because it led to mountains of unsold inventory and raw materials sitting in the supply chain. Many companies didn’t survive the recession, at least not in their current state. Things are looking up.

Capacity 69

Capacity Manufacturing Automotive Supply and Demand 69