Remove 2012 Remove Forecasting Remove Manufacturing Procurement Remove Metrics
article thumbnail

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Rise in Inventories.

article thumbnail

A New Decade: Give Science A Chance

Supply Chain Shaman

When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. The first story is about a large regional food manufacturer. The SAS forecasting system implemented in 2019 was not tested for model accuracy. So, I asked the questions, “Is your data forecastable?

Insiders

Sign Up for our Newsletter

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

article thumbnail

When the Rubber Hits the Road

Supply Chain Shaman

Based on the current issues with material shortages, labor issues, electrical costs and outages, weather events, and water availability, I forecast an equal level of disruption for the next three years. In this volatile world, efficient procurement led by a CFO is not the answer. COVID impacts also continue. Don’t Be Like Ford.

article thumbnail

6 Manufacturing Trends You Need to Know

Arena Solutions

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. Big data The use of big data is increasing in manufacturing. Breaking it down In the U.S.

article thumbnail

One Multinational’s Supply Chain Transformation Journey

Logistics Viewpoints

They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. It started in manufacturing and spread, step by step, to improvements in the way the company runs its supply chain. This manufacturer already has business continuity plans in place. But even multi-sourcing is not enough.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

article thumbnail

Adapting in the Face of Change

Supply Chain Shaman

To make the point, let us start with a discussion on Consumer Products manufacturing. P&G lacks a tactical supply plan to manage load across factories and contract manufacturing to effectively communicate to suppliers and underperforms on ROIC. Comparison of Industry Players Within Consumer Goods for the Period of 2012-2021.