Supply Chain Shaman

JANUARY 31, 2017

There are many techniques–lean, six sigma, Total Quality Management–but, the over-arching focus is on managing and reducing costs. Only 12% of public companies are making improvement during the period of 2009-2015 in both operating margin and inventory despite spending an average of 1.7%

Cost Reduction Strategies 90

Cost Reduction Strategies Inventory Reduction Six Sigma Agile and Lean Supply Chain 90

Supply Chain Shaman

AUGUST 11, 2014

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. Resiliency is the tightness of the pattern, or the reliability of operating margin and inventory turns results.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Talking Logistics

OCTOBER 17, 2016

Inventory : Having raw materials, work-in-progress (WIP) or finished goods that are not having value added to them. Take, for instance, Six Sigma black belts. Overproduction : Producing sooner, faster or in greater quantities than the customer is demanding.

Waste Reduction 100

Waste Reduction Agile and Lean Supply Chain Six Sigma Supply Chain Optimization 100

GlobalTranz

MAY 6, 2015

o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods. When you create your Sales, Inventory, Operations and Production Plan (SIOP) monthly, or more frequently, invite your top Suppliers and Customers to the SIOP meeting. Inventory velocity and inventory reduction.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

ThroughPut

MAY 20, 2019

Just look at your accounting systems, your worker time logs, payroll slips, inventory ledgers, bank ledgers…anything with a transaction date (a recorded) event is data! Siri for X industry” is a different discussion all-together, and we too were guilty of being in that mindset back in 2015. The IRS wouldn’t allow it.

Analytics Software 45

Analytics Software Data Industrial Industry 45

Supply Chain Shaman

NOVEMBER 14, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. Companies passing these two tests are then analyzed against the performance factors for 2009-2015: Growth. Inventory Turns. Better performance in inventory turns than the peer group average for the period studied.

Supply Chain Planning Software 150

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

Requis

SEPTEMBER 24, 2020

I started blogging under my own name in 2015, but as I learned more about marketing, I decided I needed a brand so we could include other people. If I want to know what are the top strategies to reduce my inventory, there should be a blog about that. The more I get into supply chain, the better it gets! I created SCMDOJO in 2018.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Education Supply Chain Software 75