Supply Chain Shaman

JUNE 23, 2020

I share insights, based on research, for the supply chain leader. Frequently, when I post about an issue, a well-intending consultant or an aggressive business development executive will tout the evolution of the autonomous supply chain as the answer. Orbit Chart of TJX Versus Peer Group for the Period of 2010-2019.

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

Synovos

DECEMBER 5, 2023

RS Integrated Supply, a global provider of outsourced storeroom management and procurement services, was hired to handle all indirect procurement, including storeroom management, on their behalf. How much inventory do you want to carry versus the impact of being down for hours or a day? US Food Mfg.

Manufacturing Procurement 52

Manufacturing Procurement Food Purchasing Skills Supply Chain Software 52

Logistics Viewpoints

DECEMBER 5, 2022

Digital Twin from Infor Nexus Drives Supply Chain Agility for Molex. The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. The Molex Supply Chain. The Molex global supply chain is complex. It is part of Koch Industries. The Advantages of Agility.

Agile and Lean Supply Chain 196

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Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches.

Gartner 198

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Supply Chain Shaman

OCTOBER 8, 2019

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence.

Supply Chain Design Software 187

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Synovos

DECEMBER 5, 2023

RS Integrated Supply, a global provider of outsourced storeroom management and procurement services, was hired to handle all indirect procurement, including storeroom management, on their behalf. How much inventory do you want to carry versus the impact of being down for hours or a day? US Food Mfg.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Purchasing Skills Optimal Sourcing 52

SCMDOJO

JULY 29, 2022

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. S = Cost per order.

Sourcing Strategies 103

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Supply Chain Shaman

JUNE 14, 2018

Today, the management of the supply chain is harder. Supply chain management is more complex. Sometimes the changes within a supply chain are subtle, but have a large impact. Sometimes the changes within a supply chain are subtle, but have a large impact. Organizational alignment is an issue.

Optimal Sourcing 171

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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. This and much more, in your Monday supply chain briefing from Arkieva. Supply Chain News.

Sourcing Strategies 60

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GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 million employees without a focus on good supply chain management.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Stord

OCTOBER 4, 2023

The partnership includes a multi-facility, nationwide fulfillment footprint, equipped with automation, robotics, and Stord’s proprietary inventory and order management software (OMS), to best serve Athletic Greens and its customers as the company grows.

Optimal Sourcing 60

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

Oracle SCM

JULY 12, 2017

Original version published in APICS Extra , July 2010. Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Explore Modern End-to-End Supply Chain for Real Business Growth. FREE EBOOK.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

IQMS

OCTOBER 18, 2019

Bottom line: Machine learning makes it possible to discover patterns in supply chain management data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process. How Machine Learning Is Redefining Supply Chain Management.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

QAD

AUGUST 12, 2021

In 2020, Coca-Cola achieved a goal to reduce relative carbon emissions by 25% by 2020, against a 2010 baseline, and is now working on further reductions. Supply Chain Efficiency – The supply chain is another area with room for improvement to advance sustainability efforts.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

MIT Supply Chain

AUGUST 17, 2021

Part 2: Lessons from Comparing Disruptions In the previous post in this two-part series, The 7 Core Capacities of Supply Chain Resilience , we identified the core capacities that are the building blocks of supply chain resilience. Source: James B. Disruption comparison matrix?—?Source: a few days, for example?—?is

Capacity 52

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Supply Chain Shaman

JUNE 26, 2017

Recently I had a comment on the Supply Chains to Admire post. Amazon’s because of their breath in physical and digital supply chain, innovation in material handling, transportation, etc and their vision completely disrupting the industry. Supply chain leaders want to deliver supply chain excellence.

Sourcing Strategies 152

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

ShipBob

AUGUST 9, 2021

A typical ecommerce supply chain starts with sourcing raw materials to produce finished goods , which are then transported to a warehouse or fulfillment center before they end up with their end consumer. This article covers how sustainability impacts the supply chain, and how you can implement sustainable best practices.

Optimal Sourcing 52

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NC State SCRC

FEBRUARY 27, 2023

Here’s a summary of their conversation… Can the notion of global independence help contribute towards building supply chain resiliency? Rob Handfield and Tom Linton, motivate this notion in ‘Flow: How The Best Supply Chains Thrive’ by drawing on the unique work implemented by Resilinc, which has also featured in the book.

Modeling 52

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EazyStock

MAY 20, 2020

At the same time, companies are dealing with erratic customer behavior and badly disrupted supply chains. Why COVID-19 is Driving Supply Chain Digitalization. In 2019 MHI and Deloitte published their report “Elevating Supply Chain Digital Consciousness”. The Benefits of Supply Chain Digitalization.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Forecasting Software Agile and Lean Supply Chain 52

Supply Chain Shaman

JULY 18, 2017

The Supply Chain Index is the rate of supply chain improvement. Therefore, a company like BASF with a mature supply chain ranks 25 out of 30 for the post-recession period of 2010-2016. As shown in Figure 1, the company has been unable to maintain balance on the portfolio of cost and inventory.

Supply Chain Planning Software 202

Supply Chain Planning Software Chemicals Supply Chain Design Software Sourcing Strategies 202

Elementum

NOVEMBER 1, 2018

But the largest source of cost increases for most companies have been driver wages and benefits. manufacturing experienced its highest quarterly growth since 2010. To optimize inventory and storage, identify and eliminate open spaces to make use of available floor-space and increase storage density. by the end of 2018.

Cost Reduction Strategies 79

Cost Reduction Strategies Price Reduction Expense Reduction Resource Reduction 79

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. As the economy reopens post-COVID, there are still supply chain shortages. source: tradingeconomics.com. It hasn’t been lost here at Herlitz Inventory Management!

Pricing Training 52

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Supply Chain Shaman

FEBRUARY 22, 2015

In the supply chain, the questions do not change; but the answers do. Quote from a Supply Chain Leader at a Conference in Europe. Yesterday, Peter Bolstorff, Executive Director, APICS Supply Chain Council, called to discuss the use of the Supply Chain Index by APICS to measure supply chain improvement.

Supply Chain Design Software 150

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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). About the Supply Chains to Admire Methodology.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

GlobalTranz

JULY 24, 2015

Supply chain management in manufacturing is by no means a simple process, but the United States is learning from past mistakes and they're poised to start playing a little catch-up in the manufacturing world due to their expertise. Government Weighs In on Supply Chain Management in Manufacturing.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Manufacturing 120

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

Requis

NOVEMBER 18, 2020

Supply chain optimization consultant, author, and podcaster Marcia Williams has been working in supply chain since 2004. On episode 18 of Supply Chain Next, Marcia talks with host Richard Donaldson about what works and what doesn’t when it comes to digital transformation. ?. I use finance to show the value.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

Arkieva

APRIL 21, 2016

We have looked at the EBIT per inventory $ or per working capital $ to define a best-practice frontier. That frontier can then be used for setting balanced targets on EBIT% versus Inventory Turns or EBIT% versus CCC. or a more focused improvement on EBIT% for the current Inventory Turns (or CCC). Wiersema, F., Product Leader.

Inventory Reduction 60

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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). About the Supply Chains to Admire Methodology.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

NC State SCRC

AUGUST 14, 2020

Our manufacturers most often rely upon foreign supply chains. In many industries, sourcing executives have embedded their supply chains in Asian regions, noting that “…these jobs will never return to Western countries. ” Handfield, 2010, p. Companies like 3M could not get masks delivered from China.

Manufacturing Procurement 64

Manufacturing Procurement Material Savings Sourcing Strategies Vendor Strategies 64

NC State SCRC

MARCH 31, 2020

Since then, I have been on a number of different calls all focused on a much greater issue of significant and real concern that Americans need to be worried about: the healthcare supply chain. During the last pandemic in 2010 (SARS), executives swore up and down that they wouldn’t let this happen again. Nobody stockpiled.

Supply Chain Planning Software 52

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Planning 52

Supply Chain View from the Field

FEBRUARY 25, 2015

Joydeep Ganguly from Biogen Ide c spoke in my Supply Chain Relationships class last week, and shared his insights on how Biogen’s supply chain evolved. Supply chain has a big focus on the currency of today’s theories being implemented here. The supply chain is NOT nimble and people struggle.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Design Negotiating Skills Price Reduction 60

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. Let me explain.

Supply and Demand 150

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Supply Chain Shaman

JULY 6, 2020

This is a story for the Eds, Franks, and Toms working together in supply chains across the globe. It is also a story for a young supply chain manager attempting to make a difference, but feeling stymied. He felt that inventory was no problem, he would just cut it at the end of each quarter to make the balance sheet goals.

Agile and Lean Supply Chain 295

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crisp

SEPTEMBER 6, 2023

In 2010, the U.S. However, these required scope 1 emissions only measure what each company emits directly, and don’t take entire supply chains into consideration. Until recently, reporting scope 3 emissions – which include indirect sources that organizations contribute to – has been optional.

Procurement Analytics 52

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Unleashed

APRIL 1, 2020

Review existing inventory management systems. 85% of companies that were growth leaders before a recession toppled during bad times, according to a 2010 study by Harvard Business Review. For a more detailed guide on how to pick the best inventory management software for your business, check out our comprehensive guide.

Material Savings 106

Material Savings Inventory Reduction Inventory Management Software Supply Chain Planning Software 106