article thumbnail

Asking the Right Questions Is The First Step To Drive Supply Chain Excellence

Supply Chain Shaman

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). In the past study, of 600 companies studied, 4% make a list. This question always makes me smile.

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. The Focus Inside-out Supported by Functional Metrics.

Insiders

Sign Up for our Newsletter

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

article thumbnail

My Lessons in Interviewing Supply Chains to Admire Award Winners

Supply Chain Shaman

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. We designed the Supply Chains to Admire Methodology to help companies define supply chain excellence.

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. Today, many companies operate based on a plan that is not feasible decreasing reliability. Despite spending 1.1%

article thumbnail

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

No company in the past decade achieved the promised economy of scale. Companies performing the best have three characteristics: Business Model Innovation. Smaller, more agile companies outperform the larger and well-known brands in the retail, beverages, food, and pharmaceutical industry sectors. Leadership. Celebrating Success.

article thumbnail

This Week in Logistics News (July 23 – 29)

Logistics Viewpoints

Toy companies are always looking for the next big thing. Mattel inked a multiyear deal with Elon Musk’s SpaceX to create a line of toys inspired by the space venture, the companies announced Wednesday. “As And for Mattel, that next big thing might be Space X. Procter & Gamble is taking note.

article thumbnail

2016 Supply Chain Insights Summit: Imagining Supply Chain in 2030 as The Engine of Growth

Arkieva

It was clear that the stage was set for subsequent discussions on supply chain innovation topics, the direction of the industry in the near future of 2030; and what companies today have to do to stay ahead of the curve. Cross-Functional Alignment. Organizational Change Management. Supply Chain Visibility.