article thumbnail

RS Group Achieves Back-to-Back Ecovadis Platinum Medal for Sustainability Excellence

Synovos

The platinum medal puts RS Group in the top 1% of the 100,000-plus rated companies assessed by EcoVadis with each company rated on the material sustainability risks and issues for size, location, and industry. Together, the two form the world’s first MRO supply chain services company with true global reach.

article thumbnail

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

Supply Chain Shaman

Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Over 85% of companies turned their systems off, turning to spreadsheets and ad hoc manual analysis. The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. Mistake #4.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

As an analyst for nearly two decades, I am constantly amazed watching companies throwing the baby out with the bathwater. Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. What do I mean? There are 192 ways to cut up a cow.)

article thumbnail

Holding Ourselves Accountable for Business Results

Supply Chain Shaman

Only four percent of companies outperformed their peer groups. While market potential declined, individual company performance declined faster. I strongly believe that we adopted practices in the last two decades that degraded performance and threw companies out of balance. Implementation of Sales Forecasting.

article thumbnail

The Coffee Pot Conversation That Will Not Happen

Supply Chain Shaman

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. I disagreed.

Gartner 198
article thumbnail

Logistics Predictions: How Did We Do in 2022 and What Will 2023 Look Like?

Logistics Viewpoints

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In 2023, consumers will be less forgiving and poised to buy from retailers whose delivery performance is commensurate with the rest of the shopping experience. 2030 call: Retailers will embrace sustainability for home delivery. Figure 1: U.S.

article thumbnail

Pushing the Supply Chain Reset Button

Supply Chain Shaman

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Yes, lead times are a factor in ERP, but few companies keep them updated.”