Remove 2030 Remove How To Remove Inventory Remove Sourcing
article thumbnail

Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. Source: EBN.

article thumbnail

Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

Here I share insights on how to get started using a four-step process. ” Or alternatively, “Is there data that could be sourced to help?” In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted. inventory turns.

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. Leaders start by answering the question, “How to design the supply chain to drive unique value for customers?”

article thumbnail

S&OP: Can You Make Decisions at the Speed of Business?

Supply Chain Shaman

Teams continuously balance cost, customer service, asset utilization and inventory. For most –hamstrung by silo-based strategies for source, make and deliver–there is no clear definition of supply chain strategy. The combination of cloud, cognitive computing and open source analytics is evolving. Employee Turnover.

S&OP 176
article thumbnail

What You Need To Know About The State Of The Retail Worker Shortage

ToolsGroup

How to Hire in a Labor Shortage and Meet Customer Expectations. Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Source: Bloomberg.com. Hiring Halts and Reductions.

article thumbnail

The Coffee Pot Conversation That Will Not Happen

Supply Chain Shaman

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 would argue to John: no one knows how to drive a step-change in process improvement. Reflection.

Gartner 197
article thumbnail

The Dire Need for Data Automation in the Manufacturing Industry | AFFLINK

AFFLINK

Unpredictable Consumer Demand Trends Traditionally, organizations got away with loose forecasting and just-in-time (JIT) inventory management to match production to consumer demands. On the road, the American Trucker Association estimates needing more than 160,000 drivers to meet current demand increases by 2030.