Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

The Logistics & Supply Chain Management Society

APRIL 15, 2021

This unlocks enormous value as you eliminate time lags, lower costs, and slash inventory buffers across the network. This strategy enables companies to achieve four critical objectives: Unlock value trapped in the supply network that is due to poor data quality and communication. This then sub-optimises the supply chain.

Inventory Reduction 259

Inventory Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 259

ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. That’s why you need to closely measure metrics such as gross margin return on investment (GMROI).

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

SEPTEMBER 20, 2015

When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy? SanDisk’s Journey to Build a Supply Chain Customer Segmentation Strategy. It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

JUNE 21, 2014

I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows. In researching the ideas, like moving a business to the point of sale, we discovered that the base numbers of the business revealed new strategies. It wasn’t that easy.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

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. It’s also critical to your inventory management strategy. Case Study: NFPC Enhances ERP to Gain 99.9%

Inventory Management Software 76

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

ToolsGroup

MARCH 1, 2018

The ability to serve this demand is foundational to the success or failure of a retailer, but the challenge doesn’t hinge on the strategy leadership sets. Here are three things that retailers can do to align strategy and execution. To combat this, retailers are beginning to shift to demand-driven inventory deployment for all SKUs.

Inventory Reduction 189

Inventory Reduction Retail Inventory Supply Chain Planning Software 189

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

Supply Chain Shaman

DECEMBER 7, 2022

Based on my research, I write about four strategies that drove value over the last decade. Colgate outperformed P&G in Return on Invested Capital (ROIC), and P&G exceeded Colgate in inventory turns. Which strategy drove the most significant value??” A Clear Strategy. What did work?” He was right.

Inventory Reduction 53

Inventory Reduction Material Savings Supply Chain Strategy Price Mitigation Strategies 53

Supply Chain Shaman

JUNE 24, 2022

The future inventory fire sale. We are living in a world of rich supply chain case studies. One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 366

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. The focus is on channel data: price; inventory positions; and policies. Channel Sensing.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Reward teams for cross-functional metrics.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Supply Chain Shaman

JULY 12, 2022

Daily, we see business continuity case studies as headline news in the Wall Street Journal. Growth agendas with the spiraling demand require cash, supplier shortages necessitate the shortening of payables, and the longer/more variable transport lead times decrease inventory turns increasing the need for cash. The answer?

Supply and Demand 217

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 217

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. So I started this book as a summary of this research.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

SCMDOJO

JANUARY 23, 2023

We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field. Topics include outlining important metrics, progress in industry sub-segments, management techniques, and a roadmap for improvement.

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

Kinaxis

FEBRUARY 22, 2018

Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs. Lower order volatility.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

Supply Chain Shaman

JULY 22, 2019

History will also include case studies of mergers and acquisitions. A clear definition of purpose and alignment of business process to corporate strategy is an apparent characteristic of companies that outperform. The broader the definition of end-to-end strategy and the alignment of supply chain processes drives value.

Supply Chain Design Software 250

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

Supply Chain Shaman

JULY 21, 2022

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. Consider the case study of Sleep Number that outperforms in the furniture sector.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Supply Chain Shaman

AUGUST 11, 2016

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. About twice a month, companies ask me to review their strategy documents. Frequently, I see the goal of “build a customer-centric strategy” or define an “end-to-end vision to deliver on the customer promise.”

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

SCMDOJO

MARCH 19, 2024

Brands must leverage effective marketing strategies to elevate supply chain visibility and prevent lost sales and customers. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform. Each of these experiences damages the customer relationship.

Supply Chain Visibility 76

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 76

The Logistics & Supply Chain Management Society

JULY 23, 2020

“When the world changes around you, and when it changes against you, what used to be a tailwind is now a headwind — you need to lean into that and figure out what to do because complaining isn’t a strategy.”. Case Study Agility: ZARA. Case Study Resilience: CISCO. Case Study Risk management: The All England Club.

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

MARCH 9, 2020

The answer is to increase modeling, evaluate sourcing strategies, and build the right push/pull decoupling points. Here I share three strategies to consider to eradicate some of the barriers. A low-level employee with one-to-two years of experience will never be successful at the helm of driving a large corporation’s planning strategy.

Supply Chain Design Software 297

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

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. We will also explore the best practices for improving order picking speed and accuracy , as well as strategies for integrating these improvements. My Warehouse is a Mess!

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

DELMIA Quintiq

NOVEMBER 6, 2019

Supply chains have been optimized; warehouse inventory tracking has reached new levels of precision; production lines can operate with virtually no downtime. As the common linchpin that brings together all manufacturing activities, has this metric improved along with all the investment in new technologies? Validation by Case Study.

Supply Chain Design Software 235

Supply Chain Design Software Manufacturing Optimization Software Predictive Analytics Software 235

Supply Chain Shaman

OCTOBER 25, 2013

It is a quest and the subject of my next book, Metrics That Matter , that will publish in September, 2014. We have found that nine out of ten organizations are stuck on their ability to make improvements on both operating margin and inventory turns in the same year. BASF has a more consistent, and focused supply chain strategy.

Gartner 257

Gartner Supply Chain Strategy Supply Chain Software Supply Chain 257

Supply Chain Shaman

NOVEMBER 28, 2016

The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. For this case study we interviewed Peter Smith, currently the EVP of Supply Chain for Carter’s. Performance on the Supply Chain Metrics That Matter.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

DECEMBER 10, 2018

It was a strategy day in 2006. Mark Hersh (shown here) is now a Director of Supply Chain Strategy at Clorox while Dave retired in 2018. Value Chain segmentation—designing a fit for purpose supply chain—was the focus of the strategy day workshop. We spoke of this during the strategy day. I share it here.

Inventory Reduction 167

Inventory Reduction Cost Reduction Strategies Waste Reduction Material Savings 167

SCMDOJO

AUGUST 16, 2023

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Supply Chain Game Changer

MAY 5, 2021

They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster. Case in point: research firm Gartner includes the speed of inventory turns as a key metric in its annual Top 25 List recognizing companies for their excellence in Supply Chain.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

Supply Chain Shaman

JULY 25, 2016

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The Results.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

ThroughPut

JULY 21, 2023

Church Brothers Farms case study serves as a great example. Also, the company wanted to use reliable metrics to determine and rank products for prioritized distribution and order fulfillment that would, in turn, lead to optimized resource management and efforts.

Supply and Demand 52

Supply and Demand Demand Planning Software Inventory Reduction Price Reduction 52

Unleashed

APRIL 27, 2022

We take a look and offer strategies and case studies, along with tips from supply chain professionals. 67% of respondents said they were investing in the inclusion of environmental and social sustainability metrics as KPIs for their supply chain leaders. This strategy could also include refurbishing items for resale.

Material Savings 96

Material Savings Waste Reduction Cost Reduction Strategies Resource Reduction 96

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). The company’s current strategy is to bring a Connected Enterprise to life.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

FEBRUARY 23, 2017

For this case study we interviewed Ralf Busche, Senior Vice President of Global Supply Chain Strategy and Performance. Our goal in writing these case studies is to share insights from the Supply Chains to Admire winners from 2016. Inventory Turns. Here we share the interview with Ralf. Operating Margin.

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. A well-defined customer-centric supply chain starts with a clear definition of the organization’s strategy to serve a well-defined customer requirement. Over the last month, I moved.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

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