Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. The manuscript is due to Wiley on March 1st for an August 2014 publish date. I need it for my conference on September 10th-11th, 2014. Which metrics do you think matter to supply chain excellence?

Procurement Analytics 262

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 262

Supply Chain Shaman

JUNE 7, 2018

When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. However, most of the data is not a normal distribution. An orbit chart is a plotting of data at the intersection of two metrics. In February 2014, the price was $103.40. Moving Forward.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 238

Supply Chain Shaman

FEBRUARY 22, 2015

We developed the Supply Chain Index in 2014 as a way to measure supply chain improvement at a balance sheet level. I responded, by saying that I believe that the SCOR model and the Gartner Hierarchy of Metrics reward functional behavior and improve functional outcomes. What CEO does not like the concept of reducing inventory?

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

Supply Chain Shaman

MARCH 27, 2014

I also continued to work on the manuscript for the book Metrics That Matter to publish in the fall of 2014. So, I am going to focus here and share my answer: Demand sensing is the application of analytic technologies to detect short-term patterns in channel data and translate it into distribution requirements.

Supply and Demand 291

Supply and Demand Inventory Reduction Demand Planning Software Forecasting Software 291

RFgen

MAY 8, 2016

Proper temperature prevents certain inventory from becoming unusable and keeps consumables safe for customers. Packaging Digest reported the global health care cold chain logistics market is projected to increase by $3-billion between 2014 and 2018. Extreme Temperatures for Special Products.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

RFgen

MAY 8, 2016

Proper temperature prevents certain inventory from becoming unusable and keeps consumables safe for customers. Packaging Digest reported the global health care cold chain logistics market is projected to increase by $3-billion between 2014 and 2018. Extreme Temperatures for Special Products.

Inventory 52

Inventory Pharmaceutical Supply Chain Planning Software South America 52

Logistics Viewpoints

APRIL 4, 2022

On any given day, 150,000 order lines flow through 90 distribution centers across 50 nations. For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We Those materials flow into over 170 factories in over 40 nations.

Supply Chain Transformation 197

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 197

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. Functional metrics in isolation degrade value.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

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. Speaker(s): Rob Bass, Vice President, Distribution, Best Buy Co., Room 25, Monday Feb 24 th , 10:30 am.

Logistics Network Optimization Software 115

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

Vanguard Software

JULY 20, 2021

Not too long ago, in 2014, Walgreens had a $1 billion forecasting error that led to the exit of two executives. Whereas supply planning projects and manages inventory or supply to meet consumer demand. Organizations can then make shrewd business decisions about inventory and production.

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Demand Planning Software 52

Supply Chain Shaman

OCTOBER 29, 2014

The supply chain planning cannot be effective if implemented by a supply chain function that is focused only on customer service, logistics and distribution. It is tough for me to see that nine out of ten companies are stuck, and not making progress, at the intersection of operating margin and inventory turns. The book is a story.

Supply Chain Planning Software 326

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 326

Supply Chain Shaman

JANUARY 28, 2015

In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

GlobalTranz

OCTOBER 21, 2015

For example: Inventory Record Accuracy has to be 98-100% accurate daily. All KPIS have metrics to measure. 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.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

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

Enterra Insights

MARCH 28, 2019

Daniel Gagnon, Vice President of Marketing for Global Logistics and Distribution at UPS, explains, “This fast-paced, new world of change in logistics is happening because businesses and consumers are demanding better (faster) service at a lower-cost-to-serve. Capture transportation, distribution, and service costs. Footnotes. [1]

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Modeling Supply Chain Network Software 100

Unleashed

FEBRUARY 28, 2021

And of course, there’s the issue of profitability: a study from Deloitte in 2014 highlighted the importance of a healthy supply chain to an organisation’s bottom line. Cloud-based systems offer a cost-effective way to manage and monitor suppliers, inventory and more. Cloud-based software. A mobile sales app.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

6 River Systems

JULY 29, 2020

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes. The core competency of these companies is logistics , and they do it well.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

Enterra Insights

JULY 27, 2021

Increase forecasting accuracy to reduce obsolete inventory. Folmar adds, “Achieving full-scale sustainability and circularity cannot happen without end-to-end alignment, hierarchical connectivity, integration of all parts of your supply chain (forward and reverse), performance metrics, and business processes.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 100

Supply Chain Shaman

MARCH 6, 2015

We wanted to see which companies were driving the fastest rate of improvement on the supply chain metrics that matter. Note that they are pushing progress faster than their peer group and outperforming in all areas except inventory turns. The company operates 153 distribution centers and 39 manufacturing locations.

Supply Chain Design Software 150

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

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement.

Case Study 288

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 288

Talking Logistics

MARCH 2, 2016

As first reported by Fairfax Media , a factory in North Korea has been making high-priced surf and snow gear for Australian surfwear company Rip Curl since at least 2014, with the garments labeled “Made in China.” no metrics, operate in functional silos). The root causes generally fall into three categories: IT issues (e.g.,

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

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

IQMS

JULY 11, 2019

Asset Management, Supply Chain Management, and Inventory Management are the hottest areas of artificial intelligence, machine learning and IoT adoption in manufacturing today. Due to machine learning, overall inventory reductions of 20 to 50% are possible. PDF, no opt-in) McKinsey & Company. The World Economic Forum (WEF) and A.T.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Material Handling & Logistics

DECEMBER 2, 2018

Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Media Type.

Supply Chain Design Software 110

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Innovation 110

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

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.

Inventory Reduction 46

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 46

Supply Chain Trend

JULY 22, 2018

For Our Company, S&OP Is Operations (O) and Inventory without Involving Sales (S)! When It Comes to Metrics for S&OP, “One Size Fits All.”. Implementing S&OP in a complex business environment—across countries, business units, and manufacturing and distribution footprints—is difficult. Laziness Is a Virtue (?!):

S&OP 60

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

AFFLINK

FEBRUARY 15, 2017

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. As a result, the company lost 8% of its shares – all because Hershey’s didn’t give enough time to its new ordering and distribution system before it was tested on a major holiday.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Supply Chain Strategy 74

QAD

FEBRUARY 26, 2019

In fact, 23 percent of its GDP in 2017 went to investments in fixed capital and inventories. billion metric tons of goods in 2015. The office of Prime Minister is occupied by Charles Michel, who has served in the role since 2014. This makes Belgium an ideal location for manufacturing, distribution or warehousing operations.

Belgium 65

Belgium Manufacturing Procurement Netherlands France 65

Supply Chain Trend

DECEMBER 22, 2023

Decision quality will become a performance metric in IBP. Principle 25 : Intelligent IBP will automatically gather and cleanse relevant internal and external data and distribute these across the business in one common data layer, in support of planning & decision making. These metrics remain mostly in the sphere of control of IBP.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Supply Chain View from the Field

FEBRUARY 26, 2015

This view of the supply chain is focused primarily on how we get inventory to the customer. He pointed out that the customer doesn’t care which division owns the inventory – they just want the product whenever and wherever they desire. Also I need the intelligence in the network to know where inventory is.

Supply Chain Design Software 60

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

GlobalTranz

OCTOBER 27, 2015

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. IT improvement outputs : is the customer delighted with the IT integration, customization, inventory and transportation tracking visibility, and data information. Are your IT systems state-of-the-art?

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Infosys Supply Chain Management

AUGUST 10, 2012

Logistics and Distribution. Distribution. This path toward innovation fuses sales, marketing, online fulfillment and physical distribution capabilities together in innovative methods to seize market opportunities. Communication Services. Consumer Packaged Goods. Financial Services. Healthcare. Hospitality and Leisure.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28

Infosys Supply Chain Management

NOVEMBER 11, 2011

Logistics and Distribution. Distribution. 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.) Communication Services. Healthcare.

Supply Chain Planning Software 22

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

NC State SCRC

APRIL 3, 2019

The typical contract life is therefore three to ten years, and the focus is on making this near term contract balance, with accommodations for long term distribution of costs if possible. With inventory desired to be at a minimum. The contract may also include metrics and resulting consequences (late fees, etc.). Description.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

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

6 River Systems

APRIL 4, 2019

AI will be able to survey an area or room and create an accurate inventory in seconds, including weights and volumes, and determine damage on items. Mobile apps can generate reports and monitor performance metrics. Companies can accurately forecast demand, timely order raw materials and manage inventory more efficiently.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76