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Insights from Elemica reveal 2014 Frankfurt

Talking Logistics

That was my opening question to the executives attending last month’s Elemica reveal 2014 Conference in Frankfurt. Meanwhile, the Red Sox won the World Series in 2013, going from worst to first in one year — and then back to worst in 2014. What do the Germany World Cup Team and the Boston Red Sox have in common?

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Holding Ourselves Accountable for Business Results

Supply Chain Shaman

Enterprise resilience–the ability to have consistent balance sheet returns despite market volatility– decreased starting in 2014. The Focus Inside-out Supported by Functional Metrics. Instead, the path requires a redefinition of process, metrics, and capabilities. The reality is very different. Winners Over Time.

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My Take: E2open Buys Terra Technology

Supply Chain Shaman

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. However, there are no sure bets.

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Writing: Working on My Book

Supply Chain Shaman

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?

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Is the Package Under your Tree?

Supply Chain Shaman

In 2014, ecommerce strategies grew in importance. If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. Problems continue, but 2014 was the year of experimentation. Some of the packages on the trucks moving right now are the first shipments of Metrics that Matter.

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Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

Or agreement on the definition of supply chain excellence. As a result, functional excellence anchors action. The focus is on digitization—automating today’s processes—versus rethinking process excellence based on the art of the possible. An orbit chart is a plotting of data at the intersection of two metrics.

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Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006. My takeaway?