article thumbnail

Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The supply chain has two important buffers–inventory and capacity. The reason?

article thumbnail

Reverse Logistics – What Happens to Stuff We Return?

Operations and Supply Chain Management

Last year, I attended a three-day conference in Las Vegas conducted by the Reverse Logistics Association, a trade group whose members deal with product returns, unsold inventories and other capitalist jetsam. Most online shoppers assume that items they return go back into regular inventory, to be sold again at full price. Zachary said.

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. They used the work built together in 2004-2009 to build a course with Georgia Tech for executive training.)

article thumbnail

What is Supply Chain Compliance and Why is it Important?

AB&R

Business Email *. Job Title *. Company Name *. Business Address 1 *. Business Address 2. California. Connecticut. District of Columbia. Massachusetts. Mississippi.

article thumbnail

Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth

SCMDOJO

The company operates additional facilities in Palo Alto and Carson, California; Plymouth, Michigan; Vancouver, British Columbia; Wittmann, Arizona; and Woking, England. Rivian has future plans to construct a new factory in Georgia, requiring an investment of approximately US$5 billion. billion in financing.

article thumbnail

ScottsMiracle-Gro Improves Distribution System in Sustainability and Customer Service

Supply Chain Network

Improve inventory turns at retail by reducing fertilizer order minimums. By consolidating the shipment of bagged fertilizer and growing media goods into regional on-site warehouses, the Company has been able to: • Maximize truckload space, reducing overall delivered mileage and transportation costs.