Remove 2015 Remove Eliminating Excel in Purchasing Remove Information Remove Manufacturing Procurement
article thumbnail

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. 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. Mistake #2.

article thumbnail

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Logistics Cost Reduction: 6 Focuses to Create More Profit

GlobalTranz

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Try a velocity layout.

article thumbnail

Rockwell Automation: A Case Study in Supply Chain Excellence

Supply Chain Shaman

At Rockwell this includes all processes end-to-end except for manufacturing. In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. Rockwell Automation is the world’s largest company dedicated to industrial automation and information.

article thumbnail

Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

GlobalTranz

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. ” As an example of this change in tone for 2015, Walmart says one of its missions is to create “economic opportunity for our associates, suppliers and people who work in retail and retail supply chains beyond Walmart.”

Gartner 120
article thumbnail

The State of the Health of The US Manufacturing Sector & Manufacturing Technology Orders

GlobalTranz

In this blog, Andy discusses the health of the manufacturing industry, manufacturing technology orders, and setting benchmarks for company performance. The State of the Health of The US Manufacturing Sector & Manufacturing Technology Orders. USMTO is managed by AMT, The Association For Manufacturing Technology.

article thumbnail

Inventory Optimization 101 – Smart & Effective Inventory Management

ThroughPut

Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. What is Inventory Optimization? Lack of automation.