article thumbnail

Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. Almost all quality improvement comes via simplification of design, manufacturing… layout, processes, and procedures. Comparing 2010-2019.

article thumbnail

US Food Manufacturing Success: Outsourcing MRO Supply Chain

Synovos

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. How much inventory do you want to carry versus the impact of being down for hours or a day?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Healthcare: A Call For Action

Supply Chain Shaman

The first value is the average for the period of 2010-2016 while the second number shows the average change comparing 2016 to 2010. For example, for the period of 2010-2016, pharmaceutical company margins averaged 22%. Comparing 2010 to 2016, operating margin improved by 4%. The highest of any industry.)

article thumbnail

A New Decade: Give Science A Chance

Supply Chain Shaman

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. The first story is about a large regional food manufacturer.

article thumbnail

6 Manufacturing Trends to Watch Out for in 2016

GlobalTranz

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

article thumbnail

Pushing the Supply Chain Reset Button

Supply Chain Shaman

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. increase in 2010, eleven years ago. Focus on right-sizing inventories. Does this solve the problem?

article thumbnail

AI This. Not So Fast.

Supply Chain Shaman

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.