Arena Solutions

APRIL 4, 2023

Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. alone, colleges and universities awarded 83,263 bachelor’s degrees in engineering in 2012, a 37% increase over the 60,605 degrees conferred in 2002. Breaking it down In the U.S.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

Supply Chain Shaman

APRIL 25, 2013

The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. The year 2012 marked the 30th anniversary of the use of supply chain management as a cross-functional process for source, make and deliver in the commercial sector. Definitions.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 257

Supply Chain Shaman

JULY 21, 2022

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. We calculate the results based on public data from the period 2012-2021. Why do we spend four months doing this?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Logility

JANUARY 15, 2014

The two companies’ results on operating margin and inventory turns are shown in figure 1. Comparison of Owens Illinois Versus Sonoco Products for the Period of 2000-2012. Both companies were initiating a growth strategy. There are three simple reasons: Clarity of Strategy. Alignment on a Metrics Portfolio.

S&OP 101

S&OP Illinois Agile and Lean Supply Chain Inventory Reduction 101

Logility

JANUARY 15, 2014

The two companies’ results on operating margin and inventory turns are shown in figure 1. Comparison of Owens Illinois Versus Sonoco Products for the Period of 2000-2012. Both companies were initiating a growth strategy. There are three simple reasons: Clarity of Strategy. Alignment on a Metrics Portfolio.

S&OP 100

S&OP Illinois Agile and Lean Supply Chain Inventory Reduction 100

Supply Chain Shaman

OCTOBER 20, 2012

Here is the list: Supply chain technology implementations have reduced inventory. Here they are: The Lie of Inventory Reduction. Repeatedly, I heard that supply chain applications have saved costs, reduced inventory and improved customer service. ” I played three lies and a truth with the group. The reason? They did not.

Inventory Reduction 261

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 261

RFgen

JULY 19, 2015

Inventory management can be made easier with barcode scanners. Inventory management is one of the most important aspects of having a business. Here are five quick tips for effective inventory management: 1. Perform Metrics and Measurements. Know Your Product. Eliminate Warehouse Waste.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

RFgen

JULY 19, 2015

Inventory management can be made easier with barcode scanners. Inventory management is one of the most important aspects of having a business. Here are five quick tips for effective inventory management: 1. Perform Metrics and Measurements. Know Your Product. Eliminate Warehouse Waste.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During During the period of 2006-2012, Campbell Soup Company outperformed its peer group on the Supply Chain Index. Resiliency is the tightness of the pattern, or the reliability of operating margin and inventory turns results.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

3PL Insights

OCTOBER 24, 2017

Amazon is on the forefront of automation in the warehouse , currently using 45,000 Kiva Robots, after purchasing the company Kiva Systems in 2012 (they’re now renamed “Amazon robots”). The information received can be checked for accuracy with the company’s inventory software. This allows for inventory to be viewed in “real time.”.

Warehousing 112

Warehousing Inventory Reduction Predictive Analytics Software Supply Chain Software 112

Supply Chain Shaman

AUGUST 5, 2015

Overall Results on the Supply Chain Metrics That Matter. These giants drove slight improvements in operating margin, inventory turns and Return on Invested Capital (ROIC) despite a slowing economy. I was challenged on this in 2012 by a client, and it forced me to do deeper research. It is seldom a step change. Who Does the Best?

Agile and Lean Supply Chain 150

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain 150

Supply Chain Shaman

FEBRUARY 12, 2017

Note that neither company is making progress at the intersection of operating margin and inventory turns. Performance of BMS and Merck at the Intersection of Inventory Turns and Operating Margin. Orbit Chart for Novo Nordisk at the Intersection of Operating Margin and Inventory Turns for the period of 2006-2015.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Understanding this relationship requires modeling. (A

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

Supply Chain Shaman

JULY 8, 2013

As I stomped the snow off of my boots to start the strategy day, I faced a room of disbelievers. In the Supply Chain Metrics that Matter table, we can clearly see that “operating margin” and “inventory turns” matter to public financial performance. Note the trends in operating margins and inventory turns.

Supply and Demand 210

Supply and Demand Demand Planning Software Modeling Supply Chain Planning Software 210

Talking Logistics

JULY 19, 2013

New e-commerce strategies threaten UPS, FedEx ( Reuters ). As I’ve commented in previous postings, if you are a 3PL or transportation company and you’re not involved in cross-border shipping with Mexico, then you are missing out on a growing business opportunity (see Reuters article from December 2012).

Logistics Network Optimization Software 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 132

QAD

OCTOBER 4, 2023

Armed with in-depth insights into procurement, inventory management, supplier performance, order management, fulfillment, and more, companies can improve their processes and better manage challenges that arise within their businesses with supply chain analytics. What is Supply Chain Analytics Software?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

JUNE 21, 2014

I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows. In researching the ideas, like moving a business to the point of sale, we discovered that the base numbers of the business revealed new strategies. It wasn’t that easy.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

Arkieva

SEPTEMBER 12, 2016

Drawing from the Supply Chain Insights Cross-Survey Analysis from 2012-2013, Cecere, outlined the key supply chain challenges that companies face as: Ability to access and use Data. Strength – Inventory Turns & Operating Margin Vector Trajectory (30%). Resiliency – Inventory Turns & Operating Margin Mean Distance (30%).

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 60

Supply Chain Shaman

JUNE 14, 2014

I want to be part of the evolution that helps leaders to redefine strategies based on the changing physics, electronics and capabilities in value networks. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. .” Institute for Manufacturing, 2013. __.

Optimal Sourcing 283

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 283

Supply Chain Shaman

MARCH 8, 2016

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The adoption of Terra’s products were brisk until 2011, but during 2012-2014 sales softened, resulting in employee layoffs and downsizing. Now is time to rewrite your future. I hope that this helps.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Kinaxis

JUNE 1, 2016

I am bolder on Samsung, simply because they had the highest 2016 Inventory Turns aside from McDonalds. The new trend to be sustainable is part of the current category: Revenue Growth, so why add another category like CSR when we should be moving towards the core supply chain metrics of total delivered cost and customer service.

Gartner 100

Gartner Supply Chain Strategy Supply Chain Predictive Analytics Software 100

Arkieva

APRIL 7, 2016

Ensure continued alignment by sharing inventory turns as a KPI. Figure 1 shows it for inventory and service. The idea is that more service, typically comes with a higher inventory (or lower turns). They increase the service but require a higher inventory. It will lower cost but increase inventory or decrease turns, cfr.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization Supply Chain Strategy 60

Supply Chain Shaman

AUGUST 21, 2015

I have done this report twice before–once in 2012 and again in 2013. In addition, 85% of the vendors in the multi-tier inventory optimization market that I wrote about in 1995, are now part of larger platforms. I will watch the comments on this new one closely to see how to improve the report. What Is New? It is a rewrite.

S&OP 150

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Design Software 150

Infosys Supply Chain Management

AUGUST 10, 2012

That in-turn raises the challenge of the ability to manage inventories across cross-channel commerce, along with the ability to position and deploy inventory to the most profitable channel and associated store outlets. Posted by Bob Ferrari on August 10, 2012 1:21 PM | Permalink. Instance Consolidation Strategy.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28

Infosys Supply Chain Management

NOVEMBER 11, 2011

Demand planning is the most critical process in the CPG industry, since it drives all downstream processes (raw material/finished goods inventory planning, procurement planning, capacity planning, manpower planning, transportation planning, etc.) Posted by: Kundan Raj Singh | January 11, 2012 12:01 PM. Post a comment. (If

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Planning Supply and Demand Scenario Planning 22

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

TrackVia

APRIL 14, 2020

Now, there isn’t one silver bullet for success, but these cannabis executives are creating and strictly following a detailed digital operations strategy. So, what does a digital operations strategy look like for a cannabis company? Raw material supply and inventory management . Keeping track of processes on paper forms .

Sourcing Strategies 98

Sourcing Strategies Predictive Analytics Software Inventory Reduction Optimization Software 98

Supply Chain Shaman

JULY 24, 2013

More and more companies are struggling to make progress in operating margin and inventory cycles. To understand the pervasive nature of this change, consider Amazon’s 2012 announcement: “We now have more than 15 million items in Amazon Prime, this is up 15x since we launched in 2005. Amazon 2012 Annual Report. Current State.

Supply Chain Design Software 256

Supply Chain Design Software Modeling Retail Supply Chain Design 256

Requis

OCTOBER 30, 2020

They were saying that their inventory is through the roof, demand is up, but that they were not tracking inventory properly, and production runs were running out of room— but it’s all exacerbated by the current situation. Visibility of product, of inventory, of demand—and real demand, that’s the key.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Supply Chain Shaman

DECEMBER 17, 2018

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. A Brief History of IT Investments. The reason?

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

Supply Chain Shaman

NOVEMBER 14, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Infosys Supply Chain Management

MAY 9, 2012

As a result, organizations end up either under stocked (that leads to lost customers) or overstocked (leading to unwanted inventory carrying costs). It is imperative then, that companies can no longer bank on traditional solutions that only track inventory and its associated cost within the companys boundaries. December 2012.

Supply Chain Planning Software 29

Supply Chain Planning Software Real-time Visibility Supply Chain Software Agile and Lean Supply Chain 29

Infosys Supply Chain Management

SEPTEMBER 17, 2012

In this blog I will focus on first couple of sub process of demand planning cycle - 1) Setting up demand planning objectives and metrics for different business units/customers/key items/locations 2) Setting up the frequency of the forecasting process (create/review/publish) with the time horizons. Instance Consolidation Strategy.

Supply and Demand 30

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 30

EMERGE App

MAY 10, 2020

As some of you may know, EMERGE App was born out of an in-house inventory management solution for a custom t-shirt printing business that our founder ran while in school. But it ultimately brought respectable profits and a pivot to the inventory management solution that you see today. trillion in 2012.

Purchasing Skills 83

Purchasing Skills Sourcing Strategies Inventory Management Software Inventory Reduction 83

6 River Systems

JUNE 10, 2019

However, even with a growing number of innovative technologies at your fingertips, your success still depends on your strategy. “When developing your supply chain strategy…” You should be thinking about preventing unauthorized sellers and MAP pricing violators from day one. This spontaneously boosted our sales.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

EMERGE App

MAY 10, 2020

As some of you may know, EMERGE App was born out of an in-house inventory management solution for a custom t-shirt printing business that our founder ran while in school. But it ultimately brought respectable profits and a pivot to the inventory management solution that you see today. trillion in 2012.

Purchasing Skills 52

Purchasing Skills Sourcing Strategies Material Savings Price Reduction 52

Supply Chain Shaman

JULY 12, 2022

Growth agendas with the spiraling demand require cash, supplier shortages necessitate the shortening of payables, and the longer/more variable transport lead times decrease inventory turns increasing the need for cash. Smaller companies have greater clarity of strategy and less process latency in decision-making. The answer?

Supply and Demand 217

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 217