Supply Chain Shaman

FEBRUARY 18, 2021

Need For What-If Analysis. Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Supply Chain Shaman

FEBRUARY 1, 2024

Optimization engines to improve functional metric performance resulted in an exploding number of planners. Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. days to receive a purchase order confirmation.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Supply Chain Shaman

JULY 25, 2021

In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. Few companies measured the impact on error and bias through the rigor of Forecast Value Added (FVA) analysis. The Focus Inside-out Supported by Functional Metrics. The reason?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

AUGUST 12, 2020

(When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. The reason? The result?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Production facility planning challenges occur when attempting to react, in a timely manner, to new customer or product needs.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. 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 disagreed.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

FEBRUARY 14, 2022

They gave lip service to the need for IT standardization, but ran their process on a custom built model that enabled reverse bill of material, and profitability analysis. They were ahead of their time on simulation analysis and cross-functional orchestration.). In 2022, I frequently ask companies to draw their river of demand.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

JANUARY 31, 2022

As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Supply Chain Shaman

FEBRUARY 7, 2022

As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. I have found this to be true when working with many different manufacturers. In the more aggressive organizations, I have seen leaders make budgetary and staffing cuts based on the cost/benefit analysis of a project.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

Supply Chain Shaman

OCTOBER 10, 2017

AGCO was honored to receive the AME 2017 Excellence Award. While many employers would have penalized the employees for tablet breakage , Peggy explored the world of wearables to enable her digital manufacturing transformation. To solve these problems, AGCO partnered with Proceedix to develop an application for manufacturing.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 152

Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. Let’s dive in. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Shaman

MAY 21, 2013

Medical Device Manufacturer. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. While 72% have a value analysis team, they have not matured to assess value. They are primarily focused on cost management on new purchase decisions.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

Elementum

FEBRUARY 7, 2024

Business process management (BPM) tools are essential in executing BPA, as they facilitate the design, analysis, and management of business workflows, ensuring a seamless integration and operation within the organizational structure. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. I find three: organizational design, executive understanding of supply chain, and the lack of a clear definition of an optimization function for supply chain excellence. Clarity of Supply Chain Excellence.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Supply Chain Shaman

JUNE 29, 2014

With the purchase of i2 by JDA, and Logictools by IBM, manufacturing companies serious about network design started looking for a company, with a well-established community, that was more serious about network design. This analysis needed to be completed monthly and fed to newer forms of inventory optimization technologies.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. As a goal, it is easier to say than to define. His reasoning? We want to help.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. However, the stories of success are largely project improvements or improvements in vertical supply chain efficiency in manufacturing or transportation. Growth in car buying stimulated the value chain.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. In times of uncertainty, cash is king.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Supply Chain Shaman

FEBRUARY 27, 2020

In 2015, I worked with a manufacturer of men’s underwear. (My Older men buy less underwear than younger males and their packaging was not as attractive to the female shopper buying for the family. We worked on the mining of email data using sentiment analysis to understand distributor opportunities by segments.

Analytics Software 238

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 238

Unleashed

OCTOBER 6, 2021

Under a VMI system the supplier, usually a manufacturer, is responsible for optimising the level of inventory held by the distributor. Conduct an FSN analysis FSN analysis is used to categorise products as fast-moving, slow-moving or non-moving. Finally, ‘non-moving’ items are those that are not used over the analysis timeframe.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) The reason?

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. Ten-year averages – food manufacturing companies. Metrics comparison of Kellogg Co.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 259

Supply Chain Shaman

SEPTEMBER 3, 2015

Recently through my analysis of the planning benchmarking work, I have become fascinated on the role of inventory in the market-driven value network. Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. Inventory management is a complex subject. Rising Volatility.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

DECEMBER 26, 2012

Based on the analysis, I no longer think that this is true. This includes the automation of path-to-purchase for consumer products, active shaping of demand through price, channel incentives and promotions, eCouponing and mobile commerce for retail, and product proliferation for all. Growth is slowing. Something that no one wants.).

Manufacturing Procurement 183

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 183

Unleashed

DECEMBER 2, 2020

A carefully calculated reorder point is therefore critical to good stock control, and keeps your key metrics looking healthy for your next inventory report. When it’s the right time to manufacture more products. Calculating the reorder point in Excel. Calculating the reorder point in Excel – a caveat.

Procurement Analytics 85

Procurement Analytics Manufacturing Procurement Inventory Management Software Procurement Solutions 85

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” SanDisk Corporation designs, develops and manufactures flash memory storage devices and software. The company is the third-largest manufacturer of flash memory in the world. While they have actively worked on the implementation of a cost-to-serve analysis.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). At Rockwell this includes all processes end-to-end except for manufacturing.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. Manufacturers are Now Selling Directly to Consumers. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Supply Chain Shaman

OCTOBER 11, 2012

” CFO of a major manufacturer. We have been running an analysis for the past fifteen years on discrete industries. (We As we run the analysis for industry after industry, as shown in figure 1, I am hanging my head. Companies cannot achieve supply chain excellence by working discrete projects in isolation.

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” This week, I published an in-depth analysis on the topic. As a result, buyers should buy based on today’s functionality. These are my thoughts.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

BlueYonder

JANUARY 31, 2023

In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions. The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers.

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

Supply Chain Shaman

JULY 5, 2016

The time-consuming analysis is fascinating. 19 average) and 3 times better ROIC for the period (33% versus P&G’s 11%), note that none of these three household products companies made progress on supply chain excellence in the period of 2013-2015. Supplier relationships in household products are more buy/sell.

Supply Chain Planning Software 150

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Industrial 150

NC State SCRC

JULY 23, 2017

Yet the purchasing company continues to pay the bill for these non-productive hours. Integration of key suppliers early in the project and through the project combined with a disciplined focus on logistics excellence eliminates these inefficiencies. Here are some of the areas where procurement has the opportunity to make an impact.

Expense Reduction 66

Expense Reduction Inventory Reduction Resource Reduction Price Reduction 66