Supply Chain Shaman

JUNE 21, 2023

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers.

Gartner 365

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 365

Supply Chain Shaman

JULY 25, 2021

In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Only four percent of companies outperformed their peer groups.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Unleashed

DECEMBER 13, 2023

New manufacturing data reveals the small to medium manufacturing sector remains in recovery mode, with global performance largely mapping to local economic conditions. New Zealand manufacturing, meanwhile, is at an historic inflection point, with stagnant performance in multiple sectors.

Manufacturing Procurement 52

Manufacturing Procurement New Zealand Manufacturing Beverage 52

Unleashed

SEPTEMBER 23, 2021

Cross docking is widely used by manufacturers, but there are alternatives like direct shipping – and there are significant differences between the two. As the name suggests, this means the goods are shipped directly from the manufacturer to the end customer. This brings us to direct shipments. Who uses cross docking?

Case Study 92

Case Study Cost Reduction Strategies Study Inventory Reduction 92

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. My question is, “Why?” Growth requires cash. The reason?

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 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

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. The study evaluates enterprise resiliency. Historically, the traditional supply chain focused on improving costs.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

IQMS

AUGUST 15, 2018

92% of all manufacturers say they are either on the same level as or ahead of their peers when it comes to Digital Manufacturing. 68% of manufacturers are making Digital Manufacturing their highest priority today. Key takeaways from the digital manufacturing study. no opt-in).

Manufacturing 40

Manufacturing Supply Chain Software Analytics Software Inventory Reduction 40

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. 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 252

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 252

RFgen

MARCH 12, 2024

In inventory management, the FIFO (First-In, First-Out) method takes center stage, offering a performance of unmatched clarity and efficiency in the world of stock control. Imagine your inventory as a flowing river, where the oldest water—your earliest products—moves forward to be used first, ensuring nothing stagnates or loses its relevance.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Inventory Management Material Savings 78

Supply Chain Shaman

MARCH 5, 2019

Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. When they built the project, they did not realize that they did not have access to daily data daily for their third-party warehouses and contract manufacturing locations. Figure 4 is a case study from Lenovo. 2) Latency. Master data.

Supply Chain Design Software 297

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 297

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

Supply Chain Shaman

JUNE 3, 2019

Manufacturing companies are statistically less satisfied with their S&OP processes in 2019 than they were in 2016 at a 90% confidence level. A manufacturing company with annual revenues greater than 5B$ operates seven S&OP processes and is dependent on five technologies. The Research. . Businesses are complex. Fire Fighters.

S&OP 171

S&OP Supply Chain Planning Software Supply Chain Design Software Modeling 171

RFgen

FEBRUARY 7, 2019

There are maintenance technicians to direct, labor to allocate, assets to keep track of, spare parts inventory to worry about and supplier networks to maintain. And when equipment breaks down unexpectedly, your manufacturing operation can be hemorrhaging money by the second. The Materials Supply Chain (MRO Inventory).

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Predictive Analytics Software 52

Supply Chain Shaman

MAY 29, 2014

I just don’t think the comparison of very different industries in a spreadsheet based on growth, inventory values, and Return on Assets (ROA) is meaningful. Take the chemical industry. The reason is that as a chemical company, they must run assets, and the methodology penalizes companies with deep asset strategies.

Gartner 305

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 305

Supply Chain Shaman

AUGUST 2, 2017

The average company has seven S&OP processes, but a global chemical company averages over 30. Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory. Build a system to enable these flows. Financial Reporting.

S&OP 155

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 155

Supply Chain Shaman

FEBRUARY 13, 2013

Consumer packaged goods (CPG), food and chemical manufacturers are stuck and pharmaceutical and industrial companies are losing ground and moving backwards. I give thanks for Abby Mayer’s patience in working with me to run study after study to compare the data. Who Did It Best? As I write this, I hang my head.

Pharmaceutical 231

Pharmaceutical Inventory Reduction Cost Reduction Strategies United States 231

Supply Chain Matters

JANUARY 10, 2023

Business and supply chain focused media reports already point to increased supplier and manufacturing investment in regions such as Mexico, Eastern Europe, India, Vietnam and other regions as responses to added supply network resiliency or agility. A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Supply Chain Shaman

FEBRUARY 18, 2013

Here is a link to the healthcare research study in the field. Pharmaceutical companies are struggling with falling margins and rising inventories. Over the last decade, neither the pharmaceutical nor medical device manufacturer has been able to drive the revenue/employee productivity gains of their comparative peer groups.

Pharmaceutical 169

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 169

Global Trade Management

SEPTEMBER 4, 2023

Biosecurity incidents occur when products are contaminated with pathogens, chemicals, or other harmful substances that can compromise health and safety. It ensures adherence to quality control procedures and enables real-time monitoring of inventory levels.

Food 59

Food Meeting Pricing Training Supply Chain Design Software 59

USC Consulting Group

JANUARY 10, 2022

Some operations consultants are advisory consultants, or “boardroom consultants” who perform a two- to three-week study and provide a book of recommendations to help you out, and then hand it to you and go on their way. Myth: Operations consulting is only for the manufacturing sector. Anything but. ” Back to top ?.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Inventory Reduction 40

Logistics Viewpoints

MARCH 6, 2023

Mr. Sorenson has studied integrated business planning for many years. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. SK Capital is a private investment firm focused on the specialty materials, chemicals, and pharmaceuticals sectors. Dean Sorenson concurs.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Talking Logistics

MAY 13, 2015

Like the multi-billion dollar chemical manufacturer that had been paying market rates for ocean transportation for eight years because nobody realized that their contract, filed away in a drawer by a transportation manager who had left the company, had expired. From the article: Columbia Sportswear added $415.6

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

GlobalTranz

SEPTEMBER 4, 2018

Manufacturing and cloud reluctance is not a recent issue. Recently, our company has generated some reports of internal data and surveyed a collection of companies to better get an idea of trends in the manufacturing industry. 51% do not use or plan to use cloud-based manufacturing software. In manufacturing? 74% to 79%.

Inventory Management Software 137

Inventory Management Software Manufacturing Survey Trends 137

BR Williams Supply Chain Management

AUGUST 31, 2020

You can rest assured your business remains up-to-date with the latest developments in technology, manufacturing, and logistics. According to a study by the Georgia Institute of Technology , less than 30% of warehouses in the U.S. Depending on the season, your space, labor, and transportation may change based on your inventory needs.

Warehousing 98

Warehousing Material Savings 3PL Logistics Network Optimization Software 98

Supply Chain Shaman

AUGUST 2, 2017

Today, the average company has seven S&OP processes, but a global chemical company averages over 30. Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory. The proliferation of S&OP is not a trivial topic.

S&OP 152

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 152

ThroughPut

FEBRUARY 1, 2023

Even at some of the world’s best supply chains, redirecting chemicals and other products is a Herculean effort. This is why supply chain managers are always stressing over demand forecasts — something that tops the list of most critical inventory and warehouse management practices. u can’t just turn around a giant cargo ship.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

Supply Chain Shaman

JANUARY 18, 2016

Manufacturers are Now Selling Directly to Consumers. Retailers can no longer have their heads in the sand, but neither can consumer products manufacturers. Note that apparel manufacturing is growing and apparel retail is declining. Only beauty, chemical and Over-The-Counter (OTC) Drugs made progress in operating margins.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Supply Chain View from the Field

SEPTEMBER 3, 2015

I presented the results of the study we completed this past spring for the USDA on the Economic Impact of the Biobased Sector. As an example, Chemical Manufacturing (NAICS 325) encompasses a variety of chemical manufacturing codes including petrochemicals (3251), but none for biobased chemicals.

Manufacturing Procurement 60

Manufacturing Procurement Chemicals Supply Chain Design Software Purchasing Skills 60

EHS Sustainability Knowledge at Work

NOVEMBER 16, 2018

With more than 70,000 chemicals currently in common use – and 1,000 new chemicals coming into use every year – maintaining and managing their effective, appropriate and responsible use is a challenging task. Cost, process, regulatory and safety issues converge to making chemical management a critical, complex and cumbersome activity.

Chemicals 45

Chemicals Sustainability Demand Planning Software Inventory Reduction 45

Talking Logistics

OCTOBER 12, 2018

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). Trucking costs to halve by 2030, study predicts (LLoyd’s Loading List). Did I mention they eat a lot? Loadsmart Announces $21.6 and up come the results on the screen.

Logistics Network Optimization Software 102

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Supply Chain Planning Software 102

Requis

OCTOBER 31, 2019

Particularly when, according to a study by Advisian Digital, one-third of experts believe that artificial intelligence will have the biggest impact on the energy, chemicals, and resources industry. Logos on boxes and/or vehicles to determine the manufacturer. Inventory auditing. Vehicle VINs for resale applications.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Requis

OCTOBER 31, 2019

Particularly when, according to a study by Advisian Digital, one-third of experts believe that artificial intelligence will have the biggest impact on the energy, chemicals, and resources industry. Logos on boxes and/or vehicles to determine the manufacturer. Inventory auditing. Vehicle VINs for resale applications.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Supply Chain Shaman

JUNE 15, 2015

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. In high-tech, supply chain planning is more important than in other industries like chemical, pharmaceutical, consumer packaged goods and retail. At Supply Chain Insights, we complete 25-30 quantitative studies a year.

Supply Chain Planning Software 150

Supply Chain Planning Software SAP Supply Chain Planning Supply Chain Software 150

Elementum

MAY 1, 2018

Case Studies. Following the devastation caused by Hurricane Maria in Puerto Rico, drug manufacturing plants were faced with production delays, fueling nationwide shortages of basic medicines. In August 2015, two explosions occurred at a dangerous goods warehouse containing over 3,000 tons of highly hazardous chemicals.

Pharmaceutical 94

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

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Following COVID-19 the global chemical supply chain market reported a severe decline in output.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

Supply Chain Shaman

MARCH 6, 2015

We studied this pre and post-recession. Note that they are pushing progress faster than their peer group and outperforming in all areas except inventory turns. If L’Oreal had performed above the industry sub-segment for inventory turns, they would have made the list for the Supply Chains to Admire for 2014.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 150