Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. 2030 is 14 years in the future.

To Move Forward, We Need to be Clear on What We Are Automating

Supply Chain Shaman

The event is designed to Imagine Supply Chain 2030. As can be seen in the analysis, 80% of the industries studied for the report went backward on key performance measurements like cost and inventory management over the last decade.

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. Strength – Inventory Turns & Operating Margin Vector Trajectory (30%).

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. Targets for 2030 Include: Improve freight system efficiency 25 percent by 2030.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

There is no logical connection between inventory strategy and logistics optimization or the multiplicity of rules—allocation, ATP, inventory matching, routing—and planning engines. Second Step: Understand the Role of Inventory. Current Levels of Inventory.

Measuring Up?

Supply Chain Shaman

In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. Inventory Turns. The bigger the inventory turns number the better. Improvements in C2C outpaced inventory improvements.

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

It is not as simple as trading-off inventory, cost, and customer service. In the Supply Chains to Admire analysis, the focus is to understand the relative performance of a company within a peer group of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). (We

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

Supply Chain Shaman

At the conference, we will be challenging supply chain leaders to focus on Supply Chain 2030 through a programmatic focus on five themes: Supply Chains to Admire. Economic Vision of Supply Chain 2030. Supply Chain 2030.

Supply Chain Complexity and the Need for Disruptive Technology

ToolsGroup

As a result, Cecere says that today 80% of companies are seeing the same results (operating margins versus inventory turns) as they did ten years ago.

The March of the Lemmings.

Supply Chain Shaman

A supply chain team improved forecast accuracy by 22%, but did not improve inventory or customer service. Imagine Supply Chain 2030. The focus is on Imagining Supply Chain 2030. Lemmings are misunderstood. So are supply chain leaders. What is a lemming?

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

Supply Chain Shaman

Teams continuously balance cost, customer service, asset utilization and inventory. Imagine Supply Chain 2030. The focus is on Imagining Supply Chain 2030. At the event, technologists and business leaders work shoulder-to-shoulder to Imagine Supply Chain 2030. Yawn.

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For Every Tom, Dick, and Harry

Supply Chain Shaman

Each also has a very different meaning of the role of inventory. My role was to start-up Vendor Managed Inventory (VMI) processes for Clorox to replenish Wal-Mart more effectively. For example, I recently worked with a company CEO that dictated 100% order compliance with no inventory.

Lassoing S&OP

Supply Chain Shaman

Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory. Forge New Directions for Supply Chain 2030. A lasso is what supply chain leaders would like to have.

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Lassoing S&OP

Supply Chain Shaman

Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory. Forge New Directions for Supply Chain 2030. A lasso is what supply chain leaders would like to have.

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What Is The Mission?

Supply Chain Shaman

Overall results in business performance on the critical supply chain metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) are declining. Let’s start with a discussion on inventory. In Table 1, we share the comparison of inventory levels by the industry peer groups pre and post-recession. Despite the investment in technology and whiz-bang approaches, inventory levels today are significantly higher than the pre-recession period.

Key learnings from Supply Chain Insights’ Global Summit

AIMMS

The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.” It was a pleasure to attend this month’s Supply Chain Insights Summit in Philadelphia.

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

Supply Chain Shaman

The focus is on channel data: price; inventory positions; and policies. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. Economic Vision of Supply Chain 2030. Supply Chain 2030. It was an early morning.

Groundhog Day

Supply Chain Shaman

Economic Vision of Supply Chain 2030. Join us for a critical view of supply chain 2030 through the insights of leading economists. Supply Chain 2030. Groundhog Day is celebrated on February 2.

Key learnings from Supply Chain Insights’ Global Summit

AIMMS

The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.” It was a pleasure to attend this month’s Supply Chain Insights Summit in Philadelphia.

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This Week in Logistics News (October 8-12, 2018)

Talking Logistics

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). Trucking costs to halve by 2030, study predicts (LLoyd’s Loading List).

Reduce Costs: Invest In Talent

Supply Chain Shaman

Across the industry, we find that companies think that they are managing costs and inventory better through technology investments like supply chain planning, but they have a false sense of accomplishment.

A River Runs Through It…

Supply Chain Shaman

This includes: new product launch forecasting, seasonal inventory targets, demand affinities, push-based inventory strategies, demand shaping activities (price, promotion, run-out strategies, sales incentives, trade incentives), and turn-based volume. Supply Chain 2030.

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

Inventory Turns. Better performance in inventory turns than the peer group average for the period of 2006-2015. If you trace the year-over-year pattern, you can see that P&G made progress on inventory turns and operating margin 2006-2007, 2009-2010. Supply Chain 2030.

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10 Ideas for More Efficient & Productive Warehouse Operations

Cerasis

Accenture predicts the value created by the IIoT could reach as high as $15 trillion by 2030, paving the way for more efficient, productive, and intelligent industrial warehouse operations. Automated storage and retrieval systems can, for example, increase picking accuracy while yielding better inventory control. According to the U.S. Bureau of Labor Statistics, tripping, falling, and slipping account for the majority of “general industry accidents.”

The best of Quintiq World Tour London: Chickens, skydiving & business planning

DELMIA Quintiq

million to 10 million by 2030! They are demand variability; inventory management and optimization; and cost containment and reduction. No, chickens did not skydive at the Quintiq World Tour event in London.

Importance of Technology on India’s Supply Chain Management

20Cube Logistics

According to PwC, out of top 20 bilateral trade routes in the world, 16 will have APAC countries and 80 % of the world trade market will be in APAC countries routes by the year 2030.

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

Supply Chain Shaman

Shifts in Traditional Supply Chain Processes in the Building of Capabilities for Supply Chain 2030. Last week, I spoke at the CPHA supply chain conference in Philadelphia, Pennsylvania. This was the inaugural supply chain event for the Consumer Healthcare Products Association.

The Secret of Getting Ahead (Takeaways from Command Alkon ELEVATE 2018 Conference)

Talking Logistics

The answer to the first question is clear when you consider the following sobering statistics about the industry: According to the McKinsey Global Institute, the world will need to spend $57 trillion on infrastructure by 2030 just to keep up with GDP growth. The benefits to date include better asset utilization for the hauler, more optimized inventory levels for the plant (along with less labor hours spent on order management), and better capacity utilization for the supplier.

Household Products Industry Stuck in Neutral and Going Backwards

Supply Chain Shaman

Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. As the company spiraled in the updraft of the market, it built inventory. billion in inventory charges in April 2001. Economic Vision of Supply Chain 2030.

TMS Delivers on NASSTRAC’s Five Common Sense Suggestions for Shippers

Supply Chain Collaborator

The hard-hitting new report from the National Shippers Strategic Transportation Council (NASSTRAC) is titled, “ Logistics 2030: Navigating a Disruptive Decade, Year 1 – Freight Transportation ” and it is full of powerful conclusions about what shippers are facing in the coming decade as the pace of technological advancement and change continues to accelerate. A recent NASSTRAC report revealed five common-sense suggestions for shippers navigating today’s disruptive operating environment.

Coming soon to a supply chain near you: 8 big digital disruptors

Kinaxis

These retail robots can scan and track on-store inventory at rates far exceeding what any human worker could accomplish, capturing data on up to 20,000 products an hour. Explore how drones can play a role within your international operations in terms of inventory and goods transport.

How Megacity Distribution Models are Changing Urban Logistics

TMC

There are 28 megacities on the planet, and the United Nations projects that the number will reach 41 by 2030, accounting for a population of some 453 million people. In Mexico City, for example, some 60% of the city’s nanostores maintain only one to two days of inventory.

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. The overarching theme is to Imagine Supply Chain 2030.

Five Trends That Excite Me!

Supply Chain Shaman

Future of Analytics in the Building of Supply Chain 2030. Most companies failed to select capabilities based on industry-specific capabilities, and there is a struggle to deliver on the promises made in the areas of plant scheduling and inventory. Holiday travel.

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Examining LogiPharma 2019 – Top 3 symptoms you caught the life sciences supply chain bug

Kinaxis

Global Fund’s mission is to end AIDS, malaria and tuberculosis by 2030. Temperature, timing, and few supply options with no buffer inventory to satisfy demand are all risk factors along with the fact this is a high touch supply chain requiring extremely talented individuals. One strategy is to stock pile inventory for the UK, but this would be at the expense of other markets because of limited capacity. by Bill DuBois.

Building Outside-In Processes

Supply Chain Shaman

It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. In a similar vein, their forecasts for the automotive market would have been on new automotive sales and dealer inventory. Economic Vision of Supply Chain 2030.

Forget the Supply Chain of 2020. Here are 3 Things That Supply Chains Need Today.

Arkieva

While it is nice to envision supply chains in 2020 or 2030 the truth is; for many manufacturing businesses, discussions about future supply chain innovations, often leads to a “yeah.right,” smirk by supply chain executives – this with good reason.