Remove 2012 Remove Inventory Remove Manufacturing Remove Procurement
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The role of inventory management and inventory optimization in ERP

SYSPRO Smarter ERP

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

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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. Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Sadly, most of it is the wrong inventory. Despite spending 1.1%

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When It Comes to Planning, Please Vote with Ike!

Supply Chain Shaman

I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. On average, industries carry 38 more days of inventory than in 2007. The problem is that most of it is the wrong inventory due to planning fallacies.

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When the Rubber Hits the Road

Supply Chain Shaman

In this volatile world, efficient procurement led by a CFO is not the answer. The manufacturing-centric company is used to strangling suppliers and demanding terms. Results in the Automotive Industry for the period of 2012-2021. In Figure 1, we show the overall performance of manufacturers and distributors.

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Supply Chain Management – A 2012 Priority

Logility

ChainLink Research and SupplyChainBrain just released “ Business Priorities 2012 – Research and Results ” which takes a look at where companies will invest in the coming year. And yet, our respondents do expect business expansion and intend to invest to make it happen in 2012.”

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.

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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. 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. My focus was simple. What can we learn?