Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 297

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

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

MARCH 5, 2019

The most common use case for control towers is visibility. While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. In the visibility use case avoid three watch outs: 1) Make Sure That The Data Is Actionable. Figure 4 is a case study from Lenovo.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. This included monthly reviews between business units and central operations teams and adaptive inventory segmentation policies. It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

RFgen

MARCH 10, 2023

Order picking is a critical process in warehouse management that involves selecting items from inventory and assembling them into customer orders. Analyzing Current Order Picking Process If your warehouse picks inventory for orders, then you are probably familiar with your order picking process.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. The data in Table 1 is from a recent research study. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. Most budgets are completed in currency at a brand level.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

ThroughPut

DECEMBER 8, 2023

In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Supply Chain Opz

JANUARY 3, 2022

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. You will enjoy it if you like to learn new concepts from case studies. Best Logistics Book for Beginners: 1.

Logistics Network Optimization Software 130

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

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The focus is on channel data: price; inventory positions; and policies. I only know of five case studies of cross-functional listening.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Supply Chain Shaman

AUGUST 7, 2019

” Or alternatively, “Is there data that could be sourced to help?” In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. inventory turns.

Supply Chain Design Software 250

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

American Global Logistics

SEPTEMBER 12, 2023

Overview of Supply Chain Management Supply chain management encompasses the planning, sourcing, manufacturing, and delivery of products or services. Lean manufacturing and just-in-time production minimize waste and inventory levels while maximizing efficiency.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

SCMDOJO

APRIL 27, 2022

And numerous case studies of businesses show that by investing in better supply chain management , the prospect of business growth improves significantly. For the production, the appropriate raw material is sourced or produced based on the details provided by the fashion designers in the previous step. Inventory Management.

Apparel 114

Apparel Supply Chain Design Software Supply Chain Design Supply Chain Optimization 114

Supply Chain Shaman

JULY 19, 2015

In most ‘benchmarking activities’, self-reported data is the most common source. However, for elements like forecast error, customer service and slow-moving inventory self-reported data is not sufficient. 4) Best Forecasters do not Have the Best Inventory Results. This is one element of inventory.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Supply Chain Shaman

JANUARY 14, 2013

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. ERP is valuable to improve transactional accuracy, but I can find no evidence that investments in ERP have reduced inventory or improved cash-to-cash cycles. 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

JUNE 18, 2015

Over the course of the last decade, companies have moved at different rates to align source, make and deliver processes to report to common leader. Based on our research at Supply Chain Insights , today, 34% of supply chain organizations have source, make and deliver reporting through a common organization.

Sourcing Strategies 150

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Design 150

Supply Chain Opz

JANUARY 7, 2013

Case Studies. A Case Study. This case study will show you the analysis of Apple Supply Chain core processes, challenging issues and complexities of its operations. Information about Apple Supply Chain is a bit here, there and everywhere, its kinda tough to find the actual case study.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

Vanguard Software

APRIL 16, 2021

A transformational business benefit of supply chain simulation is optimization-based scenario planning , determining how to optimize key metrics such as supply chain cost, risk, efficiency, and inventory. Typically, supply chain planners face multiple options when sourcing products. Country Malt Group Case Study.

Modeling 52

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Software 52

ToolsGroup

MARCH 5, 2019

And while each market can be unique, we found a few repeating themes in our own experience and from sources including Gartner and our customers Procter and Gamble (P&G) and Cipla Medpro. Not knowing how much inventory is at each location. Read the full Cipla Medpro case study on delivering medicines in Africa.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 159

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. So, how does predictive analytics help with that?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Supply Chain Shaman

OCTOBER 8, 2017

If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. ” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.”

Supply and Demand 156

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 156

SCMDOJO

JUNE 14, 2023

A 3PL offers a comprehensive range of services, including transportation, warehousing, distribution, and value-added solutions such as inventory management, packaging, and assembly. For example, it can be used for inventory management, order fulfillment, and product tracking tasks.

3PL 77

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 77

IQMS

JULY 11, 2019

Source: Smartening up with Artificial Intelligence (AI) – What’s in it for Germany and its Industrial Sector? (52 Asset Management, Supply Chain Management, and Inventory Management are the hottest areas of artificial intelligence, machine learning and IoT adoption in manufacturing today. PDF, no opt-in) McKinsey & Company.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Elementum

MAY 1, 2018

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. Establish appropriate metrics that correspond with the steps outlined in your contingency plan. What alternative plants/factories/sources of supply do they have at their disposal? Case Studies.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Short cycles require buffer inventories and short lead times. source Moody’s). Let me explain.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

Precoro

MAY 22, 2023

It plays a vital role in managing an organization's inventory of IT assets, reducing redundancy, and lowering the risk of downtime or service interruptions. IT team members are aware of the requirements necessary for a technology to function properly, whereas procurement professionals are skilled at contract sourcing and negotiation.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Supply Chain Shaman

APRIL 27, 2022

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.) A Case Study. A case is not a case.

Procurement Analytics 332

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

Supply Chain Shaman

JUNE 14, 2014

I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012.

Optimal Sourcing 283

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 283

Supply Chain Shaman

AUGUST 1, 2013

As a result, organizations are usually struggling to write off SLOB (slow and obsolete inventory). Companies today are unable to drive profitability, and manage inventory cycles, while absorbing the complexity of a rapidly changing product mix. Alignment of Functional to Corporate Metrics. In most companies, growth is stalled.

Modeling 226

Modeling Supply and Demand Supply Chain Design Software Optimal Sourcing 226

RFgen

JUNE 30, 2023

Gone are the days of paper inventory tracking and manual data entry. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. Essentially, an ERP helps organizations run their business by acting as a single source of truth.

Inventory Management Software 76

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 76

Elementum

MAY 1, 2018

Potential Sources of Disruption. Identifying sources of risk and developing a plan are only part of the story. Establish appropriate metrics that correspond with the steps outlined in your contingency plan. What alternative plants/factories/sources of supply do they have at their disposal? Case Studies.

Pharmaceutical 60

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 60

ThroughPut

OCTOBER 7, 2022

With COVID-19 shattering most of the old ways of predicting demand and inventory management challenges and uncertainty persisting across several dimensions along with deep changes in consumer behavior, it has become crucial for businesses to understand these new patterns. 5 demand planning and forecasting methods that can make a difference.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

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). In 2018, Rockwell Automation won the Supply Chains to Admire Award. Meet Ernest.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. He felt that inventory was no problem, he would just cut it at the end of each quarter to make the balance sheet goals. The So What?

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 287

QAD

APRIL 29, 2021

Since then, it has grown into a multinational life-sustaining business – an essential sole-source technology supplier of medical components and antimicrobial products to the U.S. We think there are even more time savings as we can get everyone using the Action Centers as their one source of data,” said Bross.

Optimal Sourcing 96

Optimal Sourcing Forecasting Software Analytics Software Manufacturing Procurement 96

The Logistics & Supply Chain Management Society

JULY 23, 2020

Case Study Agility: ZARA. Case Study Resilience: CISCO. Case Study Risk management: The All England Club. Diversify supplier base : Supply chain should not be overly dependent on long lead-time or on a small pool of specific suppliers or sourcing regions.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

Supply Chain Shaman

JULY 25, 2016

The source data for the analysis is public reporting of balance sheets and income statements. In this analysis, 7% of companies studied are finalists. The combination of finalists and winners equals 12% of companies studied. In the analysis of the Supply Chains to Admire, we use PTBV as a proxy metric of value.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210