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Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

In 2004, I joined AMR Research, a Boston Analyst firm. Over the course of the five months, we iterated on the model over seven sessions. The secondary problem is the lack of definition of process requirements and a buying team that cannot see past simple MRP/MRP II/DDMRP requirements. Reflection. I thought it would be easy.

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Epitaph

Supply Chain Shaman

They were born from well-intentioned, bright professors from great schools – Boston College, Carnegie Mellon, and Massachusetts Institute of Technology (MIT )– in operations research. It was called multi-enterprise inventory optimization. SmartOps was purchased by SAP. They knew little about the software market.

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How to Avoid the Most Common Pitfall of Markdowns

ToolsGroup

Boston Consulting Group estimates that this year — and for the foreseeable future — a full 60% of stock will be sold via markdown. They train the consumer not to buy in-season because they can come back in three months and get a discount. Markdowns have now become a critical survival strategy for retailers. It’s a vicious cycle.”

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No Easter Bunny?

Supply Chain Shaman

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Short cycles require buffer inventories and short lead times.

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Guest Blog Part 2: Start Your eKanban Implementation with Value-stream Mapping and Engaging Your Suppliers

synchrono

With eKanban implementations, this can be any number of problems including excess materials on hand, slow inventory turns, too much scrap and more. If you’re not using a manual Kanban system, map the current inventory replenishment process.) For example, they were literally logging 7 miles a year to track down inventory!

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Guest Blog Part 3: Listen to the Process

synchrono

Worse, because these suppliers were known to be late, purchasers (with the best intentions) would trick the system and override the Kanban quantity. Of course, they ended up with too much on hand inventory. Through access to the eKanban system data, we were able to get to the root cause of the problem and take corrective action.

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50 expert tips on supply chain management

6 River Systems

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. Perhaps the most resilient course of all may be teaming up with supply chain partners to establish a coordinated crisis-support system. Aim for a real-time reach across all tiers in your supply chain network.