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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 River Runs Through It…

Supply Chain Shaman

A Focus on Horizontal Processes to Support Demand Flows. A Focus on Demand Flows. The river of demand has many tributaries. Each demand segment is a tributary forming the river. Learn to navigate the river of demand. Realize that, within the organization, the concept of demand as a flow is not well understood.

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Building Outside-in Processes: Answering A Question From the Audience

Supply Chain Shaman

During the presentation, I spoke about the future of supply chain management, and the building of outside-in processes. Shifts in Traditional Supply Chain Processes in the Building of Capabilities for Supply Chain 2030. ” His question was, “Is there a maturity model for the use of market data to improve demand management?”

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No Easter Bunny?

Supply Chain Shaman

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Short cycles require buffer inventories and short lead times. Let me explain. Responsive Supply Chain.

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For Every Tom, Dick, and Harry

Supply Chain Shaman

Also, demand shaping activities–price, promotion, new product launch–redefine the demand signal making it more of a push-based process. Channel demand can transform both push and pull replenishment, but the order definition is different. Each also has a very different meaning of the role of inventory.

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How ERP can make renewable energy companies more efficient

SYSPRO Smarter ERP

According to the International Energy Agency, renewable energy will account for 47% of the world’s electricity generation by 2030 — up from 30% in 2022. Inventory management and supply chain Managing inventory efficiently is key to reducing costs and improving profitability.

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The Evolving Landscape of Artificial Intelligence (AI) in Supply Chains & Logistics

ThroughPut

ACCURATE INVENTORY MANAGEMENT. Accurate inventory management can ensure the right flow of items in and out of a warehouse. Generally, there are many inventory related variables like order processing, picking and packing, and this can become very time-consuming with a high tendency for error. WAREHOUSE EFFICIENCY.