Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. This is the fun part of my job. This work is not easy. Today, it is not.

Gartner 199

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 199

Supply Chain Shaman

JUNE 15, 2018

My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. This is especially true for the Titans.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics.

Optimal Sourcing 168

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 168

IQMS

JULY 22, 2019

The Warehouse Inventory Management Software market grew to $1.4B between 2017 and 2025 with the global market reaching $4.6B Warehouse Inventory Management software and systems help reduce infrastructure costs and enable the reallocation of existing IT resources to drive productivity improvements, according to IDC.

Inventory Management Software 60

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 60

Talking Logistics

DECEMBER 4, 2017

Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. In addition to fleet visibility, the company has a other supply-chain related applications, including demand and inventory management and dispatch optimization.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

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. To make the argument, let’s look at industry orbit charts in aggregate for the period of 2006-2017 for the apparel and chemical companies. of revenue on IT are we improving inventories.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 221

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 249

Case Study Inventory Reduction Agile and Lean Supply Chain Study 249

ToolsGroup

NOVEMBER 15, 2016

According to Ben, who oversees Chainalytics’ Demand Planning Intelligence Consortium , many companies take last year's forecast accuracy metric and simply add a few percentage points to establish the coming year’s goals. Inventory and CapEx required to support desired service levels. And how do you set your targets for the coming year?

Forecasting 120

Forecasting Forecasting Software Supply and Demand Modeling 120

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. As a result, supply chain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance. Companies balance supply chain metrics better in good times than bad.

Inventory Reduction 155

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 155

Supply Chain Shaman

JUNE 30, 2018

Companies with the lower score on the Index are driving faster rates of metrics improvement. Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)).

Supply Chain Design Software 159

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 159

ToolsGroup

OCTOBER 11, 2017

Gartner says that you shouldn’t just pitch forecast accuracy to your executive management, but translate your plan into business metrics. You must be able to make a direct link between the forecasting accuracy improvement and customer service, cost, efficiency, inventory, cash flow or capability improvements,” says Gartner.

Forecasting 180

Forecasting Supply and Demand Forecasting Software Demand Planning Software 180

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory.

S&OP 153

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 153

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 79

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 79

Shipsy

JUNE 20, 2017

With an ever increasing focus on innovation and efficiency in the supply chain, Gartner’s Top 25 Supply Chain Rankings 2017 threw up a host of interesting takeaways. Key Trends in Gartner Top 25 Supply Chain Rankings 2017 (Source?—?Gartner) Net income/total assets Inventory turns?—?Cost Change in revenue from prior year CSR?—?Index

Gartner 40

Gartner Agile and Lean Supply Chain Supply Chain Strategy Sourcing Strategies 40

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory.

S&OP 151

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 151

Supply Chain Shaman

JUNE 26, 2017

As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. In the 2017 analysis, we analyzed 495 companies in 31 industries. This year-over-year comparison, enables visualization of performance on two metrics. In Figure 3, the orbit chart is on inventory turns and operating margin.

Sourcing Strategies 151

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 151

Supply Chain Insights

JUNE 19, 2017

For this reason, a company shows greater balance if the improvement of one of the metrics does not cause a negative effect on the other. P&G Balance Metrics. It appears that the significant decrease in Revenue Growth is affecting P&G quite a bit in terms of this balance metric. P&G Strength Metrics.

Examples 137

Examples Supply Chain Strategy Supply Chain Inventory Reduction 137

6 River Systems

NOVEMBER 11, 2019

General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. in Q1 2017, the lowest since 2008.”

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Optimization Software 91

Kinaxis

JUNE 9, 2017

Gartner Analysts Top 10 – 2017. Peers Top 10 – 2017. McDonald’s has an inventory turn of 174.5. In this area, Gartner should push the metrics benchmark. Once again – Peer vs Gartner. Another change needed is the vast difference between how the 169 peers vs the 38 Gartner analysts rank the companies.

Gartner 166

Gartner Supply Chain Software Supply Chain Benchmarking 166

NC State SCRC

NOVEMBER 6, 2017

The Supply Chain Resource Cooperative held its first ever “Executive Roundtable on Excess and Obsolete Inventory” on the NC State campus on October 25, 2017. Executives need to deal with inventory issues as they arise! Is there a senior management team committed to driving down Excess and Obsolete inventory levels.

Inventory Reduction 58

Inventory Reduction Forecasting Inventory Supply Chain Design Software 58

E2open

MAY 23, 2017

Tuesday 23 May 2017. To simplify the measurement and realization of value, data-driven organizations should first segment Key Performance Indicators (KPIs) into two distinct sets: Value Metrics and Process Metrics. Process metrics are KPIs which relate to value metrics, but not in terms of actual dollars.

Material Savings 68

Material Savings Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 68

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. inventory turns. for inventory turns define best-in-class performance? for inventory turns define best-in-class performance?

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Logistics Viewpoints

JULY 19, 2021

But then executives may ask for higher sales or margins, or lower stock if key financial metrics are not being met. Tata Steel’s connected planning journey began in 2017. Much of these savings have resulted from carrying 20% less inventory – and less working capital – while still meeting projected demand.

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. The company created Project Gigaton in 2017 to engage suppliers and other stakeholders up and down the supply chain to reduce carbon emissions.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

Arkieva

JANUARY 27, 2017

Related: How to Perform a Supply Chain Management Assessment for 2017. Forecasts drive most downstream supply chain processes because they help supply chain leaders determine the amount of raw materials needed; and how to gauge inventory levels to avoid overstocks or an understock. Determine the Metrics That Matter.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 60

Supply Chain Shaman

MARCH 9, 2020

In the downturn of the market in 2017, it took the average supply chain six months to adjust, I expect alignment with this shift to be worse. Simplistic thinking of trading-off customer service, inventory and cost became much, more complicated with the shifts in asset strategies. Supply chains operate blindly on order data.

Supply Chain Design Software 287

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 287

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 79

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 79

Supply Chain Opz

JANUARY 3, 2022

Chapter 2 will introduce you to the on-time, in full metric. The Logistics and Supply Chain Toolkit: Over 100 Tools for Transport, Warehousing and Inventory Management, 3rd Edition Pros: If you need a good reference covering all aspects of logistics management, this book is the one for you. Our Rating: 4.9/5 & Hoberg, K.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

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

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) 2017 Honeywell User’s Group. 19th, 2017.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Material Handling & Logistics

JULY 24, 2018

significantly improved their ability to generate cash in 2017, producing the strongest working capital performance since 2008. In 2017, companies significantly extended payments to suppliers, taking 3.4 Performance of the other major elements of working capital performance, receivables and inventory, both deteriorated slightly in 2017.

Company 54

Company Optimal Sourcing Inventory Reduction Survey 54

ToolsGroup

MARCH 5, 2019

He adds, “Often, last-mile distribution costs to rural areas are high and reliability is low, compounded by the lack of visibility of in-transit shipments.” ( Invest in Four Key Capabilities While Developing Your Demand-Driven Supply Chain Strategy for Emerging Markets , 18 September 2017) Let’s take Indonesia, for example. Transfer taxes.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 159

Supply Chain Shaman

FEBRUARY 12, 2017

Note that neither company is making progress at the intersection of operating margin and inventory turns. Performance of BMS and Merck at the Intersection of Inventory Turns and Operating Margin. Orbit Chart for Novo Nordisk at the Intersection of Operating Margin and Inventory Turns for the period of 2006-2015.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

Kinaxis

JULY 13, 2018

In 2017, the number fell to 48 percent. The chief product supply officer of a large global company encouraged attendees to think in terms of shareholder return, by mapping financial metrics to supply chain operating metrics such as on time in full (OTIF), and inventory turns.

SCM 100

SCM Big Data Predictive Analytics Software Supply Chain Network Software 100

Supply Chain Game Changer

NOVEMBER 16, 2018

We talked about many ways to impact your Culture, regardless of what improvements you are trying to accomplish, in our Blog post Inventory Turnover Breakthrough (Part 4) – Creating the Culture to Break Barriers! In the situation I was in there were obviously no metrics that were being reviewed and used.

Procurement Analytics 53

Procurement Analytics Inventory Reduction Metrics Forecasting 53

Enterra Insights

MARCH 28, 2019

They explain, “If a company scores an impressive 99 percent in all four categories measured by the standard Perfect Order Metric (POM) — complete, on time, damage-free, proper documentation with correct invoicing — the result would be a POM score of just 96 percent. Most models stop short at minimizing costs. Where are the drivers?

Logistics Network Optimization Software 100

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

GlobalTranz

JUNE 8, 2017

The ability to administer your cloud supply chain in the real time makes your order processing, warehousing, inventory management, transportation and overall pricing more scalable and thus cheaper. The cloud-based logistics has lots of metric tools. A Better Cost Mainframe. A Better Quality Evaluation. A Better Communication Model.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies Modeling Software 200