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L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, Note that the industry aggregate actually went backwards, as did operating margin and inventory for the period 2015-2017.

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Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

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. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.

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A New Decade: Give Science A Chance

Supply Chain Shaman

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products.

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Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

Industry-by-industry, I compiled data for the period of 2010-2018. It is not as simple as trading-off inventory, cost, and customer service. Comparison To The Gartner Top 25. Shown in Figure 3 is the comparison of the two approaches. Comparison of the Supply Chains to Admire and the Gartner Top 25 Methodologies. .

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Quick Start Guide to Using Machine Learning for Demand Planning

ToolsGroup

Gathering the necessary data to formulate an accurate comparison between previous results and those provided by machine learning is an excellent way to establish confidence in your results. The company wanted to improve service levels and optimize inventories to reallocate working capital and balance inventory in the changing network.

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Rossmann Optimizes Its Inventory with RELEX

RELEX Solutions

On August 31st, 2018, German magazine “Lebensmittelzeitung” writes about Rossmann’s supply chain optimization project with RELEX. Overstocking of promotional products was cut by 25 % in comparison to the previous year, whereas out-of-stocks were reduced by 10 %. Full article (in German) available here.

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Who's Really Running Your Retail Operation?

C3 Solutions

But it was really the development of innovative material handling systems in the mid-20th century that prompted the need for ways to keep track of more densely stored goods and higher levels of inventory. With the concurrent innovation in computing technology, inventory tracking systems were created that could generate automated reports.