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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). Let me share some and see what you think: Does forecast ownership make a difference in outcomes?

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This Week in Logistics News (April 13 – 19)

Logistics Viewpoints

However, Amazon has backed away from a vow to make half of all deliveries with zero carbon pollution by 2030, saying that initiative was superseded by broader climate goals. The February Transportation Intelligence report from economic forecasting firm FR showed that U.S. including electric vehicles, batteries and solar products.

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Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

Here I share insights on how to get started using a four-step process. 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. Determine Forecastability and Forecast Value Added (FVA).

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2023 Manufacturing Trends: How to Get Ready Now

OptiProERP

It enables manufacturers to monitor the performance of equipment with the help of specific performance metrics to save valuable time, resources, and money. PwC research indicates that using AR and VR in developing products and services can deliver a GDP boost of US$360 billion by 2030. AR and VR in manufacturing will reach US$2.8

Trends 52
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A River Runs Through It…

Supply Chain Shaman

Shifting demand increases cost and complexity while shaping demand increases market share or baseline forecast demand for the product. There are many misconceptions that must be challenged: 1) Demand Management Is Forecasting. 2) One-Number Forecasting. Demand for products/services is not unlimited. It is finite.

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Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. In contrast, the traditional supply chain forecasts using historical orders and adjusts based on sales forecasting. The sharing forecasts in supplier relationships is of little value. Use of Channel Data.

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Integrated Planning: Is It Rubbish? Be Careful What You Ask For….

Supply Chain Shaman

Most companies would be better off if they started slowly, learned how to build good plans and then evolved. There are seven traps: High Forecast Bias Improves Sales. The use of collaborative forecasting without Forecast Value Add can increase both bias and error in the forecasting process. Supply Chain 2030.