Enterra Insights

JUNE 22, 2023

Inventory management, in particular the prevalent challenge of stockouts for sustained periods, has made intelligent prediction more important than ever in enabling our vastly complex supply chains to operate in real time and deliver on customers’ needs. He explains, “Prediction is at the core of running an efficient supply chain.

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130

Supply Chain Movement

FEBRUARY 3, 2014

Dear Supply Chain Professionals, There are several very interesting supply chain surveys open for participation at the moment (in Januaray and February, 2014). Vendor Managed Inventory (VMI): The value proposition these processes present. This may or may not include the ability to determine orders: [link].

Survey 97

Survey Supply Chain Design Supply Chain Supply and Demand 97

Supply Chain Shaman

DECEMBER 15, 2015

For the discrete industries we contrast the industry averages for growth, operating margins, inventory turns, cash-to-cash cycle, revenue per employee, and SG&A ratio for the periods of 2006-2014 and 2011-2014. Inventory Turns. Progress on inventory turns is declining due to business complexity. Cash-To-Cash.

Industrial 150

Industrial Industry Inventory Reduction Metrics 150

Supply Chain Shaman

DECEMBER 15, 2015

For the discrete industries, we contrast the industry averages for growth, operating margins, inventory turns, cash-to-cash cycle, revenue per employee and SG&A ratio for the periods of 2006-2014 and 2011-2014. Inventory Turns. Progress on inventory turns is declining due to business complexity. Cash-to-Cash.

Industrial 150

Industrial Industry Inventory Reduction Metrics 150

Supply Chain Shaman

JANUARY 27, 2015

Last week, I interviewed Robert Byrne, founder of Terra Technology on his demand planning benchmarking study. I enjoy creating the podcast series, and Rob’s findings in his benchmark study are always thought-provoking. Data sourced from the Terra Technology 2014 Benchmarking Study. Test and Learn.

Supply and Demand 150

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

Logistics Bureau

DECEMBER 7, 2017

Back in 2014, I remember talking on a webinar about Supply Chain KPIs , and when asked about my thoughts on these, I responded as follows: 1) Make them ‘meaningful’. Editor’s Note: This post was originally published in May 2014. 2) Keep them simple. 3) Don’t have too many. Stock Turns. Best Regards, Rob O’Byrne.

KPI 40

KPI Supply Chain Benchmarking Manufacturing Procurement 40

Logistics Viewpoints

AUGUST 9, 2022

While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?

Inventory Management Software 224

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 224

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

GlobalTranz

OCTOBER 21, 2015

For example: Inventory Record Accuracy has to be 98-100% accurate daily. Outputs and measures are put into a Service Level Agreement ( SLA ) with mutually agreed upon win-win, effective Key Performance Indicators (KPIs). All KPIS have a target percentage to meet. All KPIS have metrics to measure.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

GlobalTranz

DECEMBER 10, 2015

Benchmark DC Systems to Handle the Volume. Make your Inventory OmniChannel. For a handful of huge shippers and retailers, it makes sense to divide inventory into one stream for traditional replenishment and another for e-commerce fulfillment. Here are 5 tips to prepare any shipper to master the art of holiday logistics.

DC 120

DC Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Planning 120

Supply Chain Movement

JUNE 29, 2015

Europe’s only C-level logistics event will enable you to: Benchmark your strategic plan against the industry and discover if you have a USP customers want to pay for. While we pulled out all stops to make 2014 unbeatable, 2015 is shaping up to be even stronger. Ludovic Menedeme, Working Capital and Inventory Management Lead, Zoetis.

Europe 60

Europe 3PL Modeling Logistics Network Optimization Software 60

Unleashed

JANUARY 5, 2021

Inventory management is a critical function of any business, with drastic implications on profit margins. Inventory turnover is a key formula that’s often discussed in the context of inventory management efficiency, and crops up in most types of inventory report. What is inventory turnover? Average inventory?

Inventory Reduction 83

Inventory Reduction Inventory Procurement Analytics Inventory Management Software 83

Logistics Viewpoints

APRIL 25, 2024

So, the parking spots are getting more and more occupied with drop trailers, meaning lot capacity shrinks while finding the trailer with the highest-priority inventory becomes even harder. He founded FourKites in 2014 after recognizing pain points in the logistics industry and designing elegant and effective systems to address them.

Expense Reduction 222

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 222

Tompkins Blog

APRIL 2, 2014

Benchmarking & Best Practices Consortiums. ©2014 Tompkins International. |. Our Leadership. What We Do. Supply Chain Planning. Distribution Operations. Supply Chain IT Systems. Material Handling Integration. Special Services. Our Focus Industries. Consumer Products. Pharmaceutical & Healthcare. Third-Party Logistics.

Demand Planning Software 40

Demand Planning Software Supply and Demand Supply Chain Design Software Network Design Software 40

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. When we compare the results of P&G to its peer group for 2012-2021, P&G outperforms in inventory turns and margin but underperforms in growth and asset utilization. Was this by design? My reasoning?

Procurement Analytics 332

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

Tompkins Blog

APRIL 15, 2014

RALEIGH, NC, April 15, 2014 — Is it important to connect your supply chain strategy with your business strategy? While global companies’ rate higher for cost reduction, inventory, customer service, and profitability, the degree of alignment is higher at North American companies. “We About Tompkins Supply Chain Consortium.

Inventory Reduction 46

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 46

Supply Chain Shaman

APRIL 14, 2015

Orbit Chart Comparing Syngenta and Monsanto Progress on the Effective Frontier – Balancing Inventory Turns and Operating Margin for the Period of 2005-2014. Orbit Chart of Syngenta and Monsanto of Progress on Operating Margin and Inventory Turns. The potential of the Syngenta and Monsanto businesses is very different.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 150

Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). ” They questioned, “ How long will this recession last?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Enterra Insights

JANUARY 3, 2019

”[3] Analysts from global hospitality company Benchmark note, “Meat-avoiders are much plentiful and changing the way chefs approach menu offerings. ”[5] Benchmark analysts agree gut-healthy foods are on the rise. Benchmark analysts note, “Chefs are looking for new sources of protein. ”[4]. .”

Food 100

Food Trends Oklahoma Predictive Analytics Software 100

GlobalTranz

AUGUST 11, 2016

In this blog, Andy discusses the health of the manufacturing industry, manufacturing technology orders, and setting benchmarks for company performance. The PMI is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment. So not good news on the whole.

Manufacturing Procurement 120

Manufacturing Procurement Forecasting Software Analytics Software Optimization Software 120

Supply Chain Network

DECEMBER 14, 2013

December is now upon us and before we know it we’ll be starting off 2014 right, which means it won’t be long until we’re all gathering in San Diego Feb 23 rd to 26 th for RILA Supply Chain 2014. Networked companies have a single version of information related to inventory status, POs, inventory, shipments, payments and documents.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

Supply Chain Game Changer

NOVEMBER 25, 2018

Inventory Turns 3. (10%). Return on Assets (ROA) and Inventory turns are also a part of the scoring process. There is no question that the Supply Chain of any business usually has a significant impact on ROA and certainly on Inventory turns. Further an Inventory turn of 1.0 combined with an Inventory turn of 1.2

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

Supply Chain Trend

JULY 28, 2018

Effective S&OP requires commitment, trust, empowerment, role modeling, constructive engagement, and a collaborative spirit (Tuomikangas & Kaipia, 2014). This is where coaching and psychometric behavioural tool like Mental Toughness or Life Styles Inventory can support further. Improve Communication.

S&OP 68

S&OP Supply and Demand Modeling Software Supply Chain Planning Software 68

Requis

FEBRUARY 4, 2021

Nicolas Vandeput is a supply chain data scientist who specializes in demand forecasting and inventory optimization. He has taught forecasting and inventory optimization to masters’ level students since 2014. I told her that I was responsible for the optimization of the inventory of tires across Europe.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Modeling 52

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Recently, I spoke to a major European retailer that lost 5% of their grocery revenues to Amazon in the first quarter of 2014. They are slow to adapt.

Supply Chain Design Software 286

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 286

Supply Chain Trend

JULY 28, 2018

Effective S&OP requires commitment, trust, empowerment, role modeling, constructive engagement, and a collaborative spirit (Tuomikangas & Kaipia, 2014). This is where coaching and psychometric behavioural tool like Mental Toughness or Life Styles Inventory can support further. Improve Communication.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Modeling Software 60

Supply Chain Shaman

JUNE 20, 2014

In early 2014, using the principles of open research, we at Supply Chain Insights hosted a study on Supply Chain Planning. This week, we also kicked off our Supply Chain Planning Benchmarking Service with a webinar yesterday. Study Results. We currently have 73 company respondents, representing 133 planning instances.

Supply Chain Planning Software 301

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 301

Logistics Bureau

MAY 24, 2019

In 2014, Deere & Company was listed 80th in the Fortune 500 America’s ranking and was 307th in the 2013 Fortune Global 500 ranking. The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

GlobalTranz

OCTOBER 29, 2015

With this varied inventory, plus a large direct sales force in more than 170 countries and an unpredictable sales cycle, effective supply chain management is critical for continued growth. Whirlpool has not always considered logistics a competitive advantage. A service level agreement with Logistics KPIs would help monitor these objectives.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Supply Chain Game Changer

JANUARY 14, 2020

Inventory Turns 3 (10%). Return on Assets (ROA) and Inventory turns are also a part of the scoring process. There is no question that the Supply Chain of any business usually has a significant impact on ROA and certainly on Inventory turns. Further an Inventory turn of 1.0 combined with an Inventory turn of 1.2

Gartner 10

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 10

The Logistics of Logistics

MAY 18, 2022

We are seeing a fundamental change where the inventory is moving closer to consumers, and I don’t think we need the same day next day for everything. Where are you from the benchmark perspective? If you could go back and give yourself advice, to the Kushal from 2014, what advice would you give to yourself?

Logistics Network Optimization Software 130

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Network Software Optimization Software 130