Remove Apparel Remove Inventory Remove Metrics Remove Procurement
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A New Decade: Give Science A Chance

Supply Chain Shaman

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

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2020 Requires Big Wings and Feet

Supply Chain Shaman

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items.

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Let the Qs Begin

Supply Chain Shaman

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Aligned Metrics. Bernstein & Co., ” Yes, I said.

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Taking the Hill

Supply Chain Shaman

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Apparel is actually moving backwards. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. We enjoy writing them!

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The Secret to Successful Enterprise Strategy? Always Include Supply Chain Management

Supply Chain Opz

For instance, competing in high-end fashion apparel will require a different supply chain strategy than selling cotton briefs. If the procurement function is focused on low-price instead of agility, then there’s no chance for success. Create the right metrics and monitor them.

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Hitendra Chaturvedi’s Reality Check

Resilinc

There are a lot of hard-headed realists in the procurement and supply chain profession. As a consumer, let us say, you are given a choice between two identical iPhones—one that was made in China with Just-in-Time inventory management, and the second made in the U.S., Obviously, most will choose the cheaper iPhone.