Supply Chain Shaman

JUNE 21, 2023

Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of Supply Chain Leadership? Designed to lift the profession and celebrate supply chain results, I struggle to find that the methodology supports either objective.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

AIMMS

JANUARY 20, 2021

Inventory management has always been challenging. The supply chain shocks of 2020 brought this challenge into focus. Too often, inventory is viewed from an aggregate position, likely driven by finance, who are concerned about working capital implications. How does your inventory optimization process score?

Supply Chain Optimization 156

Supply Chain Optimization Price Mitigation Strategies Inventory AIMMS 156

Logistics Viewpoints

APRIL 24, 2024

The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges. First, supply chains do not operate in isolation. Data is at the center of all decisions across the supply chain.

Course 212

Course Supply Chain Planning Software Predictive Analytics Software Optimization Software 212

SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory Reduction 84

Inventory Reduction Analysis Material Savings Optimal Sourcing 84

Supply Chain Shaman

SEPTEMBER 3, 2015

Next week is the annual Supply Chain Insights Global Summit , and summit preparation is on my agenda for the weekend. This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. His feeling was that inventory is an asset to manage.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Brain

AUGUST 21, 2020

What does best-in-class forecasting and inventory management look like? Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind.

Forecasting 40

Forecasting Benchmarking Study Inventory Reduction 40

Logility

AUGUST 4, 2023

Selecting a new enterprise technology or supply chain planning software provider can be wrought with challenge and risk. This is especially true in supply chain planning & management platforms. Document and agree to what your next supply chain planning technology must deliver for you. (but we will!)

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Vendor Strategies 208

Supply Chain Shaman

AUGUST 7, 2019

Time For A Supply Chain Check-Up? When a company contacts me to help them with their supply chain, the pain is usually a gap in customer service. To complete a supply chain diagnostic, I take these four steps: Step One. inventory turns. for inventory turns define best-in-class performance?

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Logistics Viewpoints

MAY 11, 2021

It’s graduation season, so the hunt for critical supply chain talent is more vigorous than ever. We may be known for ensuring we can make and move “stuff,” but ultimately supply chains are human. So as you prepare to onboard new supply chain talent, are you ready to answer the questions they will have?

Supply Chain Planning Software 261

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Analytics Software 261

Logistics Viewpoints

FEBRUARY 14, 2024

However, it’s only early February 2024, and we already have several major disruptions impacting supply chains. This is an important time for the supply chain profession. Supply chains are in the news, on governments’ agendas, and in the spotlight. For more information on the research, click here.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

Arkieva

APRIL 19, 2016

This blog is a follow-up on 2 earlier blogs ‘ Balancing Cash Cost and Service: The Supply Chain Triangle ’ and ‘ The Best Practice Frontier in the Supply Chain Triangle.’ Using so called orbit charts, we have benchmarked companies on EBIT% versus Inventory Turns. Benchmarking EBITDA% versus Inventory Turns.

Benchmarking 60

Benchmarking Inventory Reduction Inventory Expense Reduction 60

Supply Chain Shaman

SEPTEMBER 10, 2023

These questions are top of mind as I wrap up a class of 154 individuals learning the principles of outside-in supply chain planning processes. The continuation of the belief in the definition of today’s supply chain planning is a tangled web that we weave that is a bit of a mess. Why does it matter? The reason?

Supply Chain Planning Software 251

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 251

Supply Chain Movement

APRIL 22, 2016

The need to benchmark supply chain performance runs deep in many companies. For many companies, the search for benchmarking data becomes the end in and of itself, rather than the means to an end. Often, companies go through the trouble of completing a benchmark, only to then let the results collect dust on a bookshelf.

Benchmarking 60

Benchmarking Supply Chain Planning Software Gartner Pharmaceutical 60

Enterra Insights

JUNE 22, 2023

Supply chain professionals have always depended on forecasting to help them balance supply and demand. Causal AI and the Supply Chain Jerry Stephens , General Manager of Supply Chain Management at causaLens, argues that Causal AI is becoming a necessity for smooth supply chain operations.

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Supply Chain-Focused KPIs Beyond stakeholder-focused KPIs, many companies focus on “flow of materials” to help evaluate the efficiency, effectiveness, and performance of the end-to-end supply chain operations.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

Supply Chain Movement

MARCH 16, 2022

For an professional wholesaler, key KPIs like the service levels towards its customers, the service levels of its suppliers, the turnover of its inventory and the potential overstock should be in balance. The supply chain planning software of Blue Ridge does exactly that.

Supply Chain Planning Software 148

Supply Chain Planning Software Forecasting Software Demand Planning Software Optimization Software 148

Supply Chain Shaman

OCTOBER 5, 2018

At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years. Supply Chains to Admire Methodology.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

Arkieva

MAY 12, 2016

Deriving a strategic benchmark for Product Leadership, Operational Excellence and Customer Intimacy in the Supply Chain Triangle. From the benchmark data gathered in the previous sections and the previous blogs, we can distill the benchmark for Product Leadership, Operational Excellence and Customer Intimacy, shown in Figure 9.

Benchmarking 60

Benchmarking Inventory Reduction Supply Chain Strategy Cost Reduction Strategies 60

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. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

Logility

AUGUST 25, 2020

A quick scan of the Internet will yield a long list of “the biggest-ever supply chain disasters”. in inventory write-down and 20% drop in stock value. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Supply chain cost per unit sold.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

SYSPRO Smarter ERP

FEBRUARY 27, 2023

Supply chain automation is the use of digital technologies to improve efficiencies, connect applications and streamline processes within supply chain operations. If your factory is the heart of your organization, then your supply chain is the veins and arteries. How long does each task take?

Supply Chain Software 111

Supply Chain Software Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 111

Logistics Viewpoints

MARCH 27, 2023

Here are ten things to keep in mind in terms of the role that forecasting can have on supply chains: While not a cure all, forecasting does matter. As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Demand Solutions

MARCH 27, 2020

But what if I told you that establishing supply chain planning and procurement processes also helps your company's culture, would you believe me? This past March, Tim Carroll, Product Availability Team Captain at AutomationDirect, was presented the 2020 World-Class Culture Award at the Atlanta Supply Chain Awards (ASCA).

Atlanta 173

Atlanta Supply Chain Planning Supply Chain Software Supply Chain Strategy 173

Kinaxis

NOVEMBER 11, 2019

Some transformations follow a convention, but in supply chain that’s rarely the case. Leaders from Bose, Boston Scientific and ON Semiconductor shared key lessons from their supply chain transformations, including what led them to consider change. Purchasers don’t have visibility into existing inventory.

Supply Chain Transformation 164

Supply Chain Transformation Supply Chain Planning Software Gartner Supply Chain Software 164

Arkieva

MAY 10, 2016

In our previous blog “ Linking the Supply Chain Triangle to Strategy ”, we have shown how we can map the 3 strategic options proposed by Treacy & Wiersema to the Supply Chain Triangle. Figure 1 – Mapping Treacy & Wiersema to the Supply Chain Triangle. Inventory turns are available.

Benchmarking 60

Benchmarking Expense Reduction Inventory Reduction Cost Reduction Strategies 60

Logistics Viewpoints

JULY 12, 2021

To ensure quality, they have a mystery shopper program, and they benchmark themselves against their competitors. It gives them more control over their supply chain. Putters take the contents of the totes and put the inventory into pick-to-light machines. The average store is about 4,000 square feet.

Supply Chain Planning Software 194

Supply Chain Planning Software Supply Chain Planning Inventory Reduction Expense Reduction 194

ToolsGroup

MAY 4, 2020

BOSTON (May 5, 2020) ToolsGroup, a global leader in supply chain planning software, today announced a new online COVID-19 Supply Chain Action Center and resources to help companies quickly respond to Coronavirus risks and speed supply chain recovery. Companies Share COVID-19 Response.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply Chain Disruption Supply Chain Software 120

Logistics Viewpoints

APRIL 5, 2023

“Leading companies take a strategic approach, integrating digital technology throughout their value chains. The majority of time when people are discussing digital transformation, they are not directly referring to the digital transformation of supply chains. Let’s take a deeper look at a few technology areas.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Analytics Software Predictive Analytics Software Inventory Management Software 246

Logility

NOVEMBER 3, 2020

When asking the question, “How does machine learning improve supply chain performance?” Our context here is supply chain planning and execution, but there is no reason to limit the scope of m achine l earning. . What a fascinating example of how machine learning improves supply chain performance.

Supply Chain Performance 133

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 133

Logistics Bureau

OCTOBER 20, 2021

The Supply Chain Manager’s Multi-function Display. By now, you are probably wondering what airliners have to do with supply chain KPIs. You see, the set of primary data needed to keep an airliner aloft is (apparently) relatively simple—and the same is true of running a supply chain organisation.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Unleashed

APRIL 18, 2023

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. To help out fellow supply chain experts and professionals, we’ve crafted this guide to deepen your comprehension of JIT, illuminating its fundamental principles, myriad benefits, strategic implementation, and the challenges that may arise.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. This number can then be used as a benchmark for continual improvement, supporting sustainable business growth.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Kinaxis

JUNE 9, 2017

by CJ Wehlage A few years ago, Kevin O’Marah said Gartner’s Top 25 Supply Chains was getting increasingly boring. Gartner’s Top 25 Supply Chains has become like watching Survivor, the reality TV show that places people on a remote location, where they outwit, outplay and outlast the others.

Gartner 166

Gartner Supply Chain Software Supply Chain Benchmarking 166

Logistics Bureau

SEPTEMBER 8, 2020

What are the things that people get wrong in inventory? Deborah Dull , Supply Chain Expert, takes us to the three areas we often get wrong or forget. Robobyrne: Sins In Inventory Management. Supply Chain Secrets: Why Supply Chain Inventory Should Matter to the Finance Pros.

Inventory 53

Inventory Forecasting Inventory Management Benchmarking 53