Supply Chain Shaman
APRIL 9, 2021
Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Belief in efficient procurement.
Supply Chain View from the Field
NOVEMBER 25, 2013
One of the issues they came up with was the relative weighting of different categories, which included the highest rated being quality, cost, risk, on-time delivery, and information sharing. A John Deere team discussed how they attempted to build a predictive cost model.
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Logility
AUGUST 7, 2017
Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. These metrics help measure how fast your supply chain is creating value.
GlobalTranz
AUGUST 18, 2015
Many different factors have been previously discussed on specific details of selecting a 3PL , but have you truly learned how to identify the top-notch 3rd Party Logistics Companies from the fly-by-night, intermediary 3rd Party Logistics Companies? What Is the Company’s History?
Supply Chain Shaman
NOVEMBER 11, 2020
As companies wrestle with pandemic results, they must face the reality that a new form of decision support is required to sense market shifts in markets and make decisions at the speed of business. ” Companies know they have a problem with adopting new technologies, but they do not have clear answers on what to do next.
Enterra Insights
NOVEMBER 26, 2019
They explain, “The best way to understand any company’s operations is to view them as a series of decisions.”[1] Companies that make better decisions, make them faster and execute them more effectively than rivals nearly always turn in better financial performance. The benefits of predictive analytics. ”[4].
Logistics Viewpoints
JUNE 29, 2022
As I have written about before, supply chain sustainability , or the notion of going green, is a hot topic as companies and countries look at their overall carbon footprint and look for ways to be more environmentally friendly. Most companies do not look to tackle all 17 SDGs; instead, they focus their efforts on a few targets initially.
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