Remove 2011 Remove Inventory Remove Manufacturing Remove Strategy
article thumbnail

Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. In 2011, Yannis Skoufalos became the Global Product Supply Officer at Procter & Gamble. Keith was an undisputed leader in building talent to drive manufacturing excellence.

article thumbnail

The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

By fostering collaboration across all stakeholders, including suppliers, manufacturers, and logistics providers, companies can enhance visibility, streamline processes, and proactively address disruptions. Configure to Order: This strategy involves customizing standard products based on customer specifications.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.

article thumbnail

My Quest to Build Holistic Thinking

Supply Chain Shaman

In the 1990s, I transitioned from managing an emerging supply chain organization at a mid-sized manufacturing company to working for a supply chain planning company. I loved my classes in supply chain strategy and naively believed that companies actively applied the principles of Porter’s theory. My vision was simple.

article thumbnail

Taking a Holistic View on Inventory May Lead to Change in Strategy

Talking Logistics

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions. Where and in What Form Should Inventory Be Held?

article thumbnail

My Quest to Build Holistic Thinking

Supply Chain Shaman

In the 1990s, I transitioned from managing an emerging supply chain organization at a mid-sized manufacturing company to working for a supply chain planning company. I loved my classes in supply chain strategy and naively believed that companies actively applied the principles of Porter’s theory. He saw all inventory as “bad.”

article thumbnail

Behind Toyota’s 2021 U.S. win? A better sourcing strategy

Resilinc

spokesperson noted that this was not Toyota’s goal – and likely not sustainable – the change in ranking is widely seen as a vindication of Toyota’s supply chain strategies. Wolfsburg, Lower Saxony, Germany is Volkswagen’s HQ and site of a massive manufacturing complex.). While Toyota’s U.S.