Supply Chain Shaman

JULY 22, 2019

The source data for the analysis comes from Ycharts.). It is not as simple as trading-off inventory, cost, and customer service. We selected these metrics based on correlation work with Arizona State University in 2012. The companies I work with struggle to set metrics targets. Click the link to see the detail.)

Supply Chain Design Software 250

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

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. In addition to product management, logistics also includes inventory management. Another important aspect of logistics is time.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

The Logistics & Supply Chain Management Society

MAY 28, 2022

With uncertainty a guarantee in the year ahead, leaders are realising the need to adopt applications that will improve visibility into demand and inventory, as well as tools that can help them model and simulate “what if?” Risk planning and technology utilisation. Data leads to insight, which leads to action.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

OptiProERP

FEBRUARY 8, 2024

This process builds melted material layer by layer as the nozzle moves horizontally and the bed moves vertically, with layer adherence facilitated through temperature control or chemical bonding agents.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Design Software 52

Logility

JUNE 27, 2018

Swimming pool control systems that automatically adjust chemical levels based on your desired water chemistry and immediately alert you to potential issues or equipment failures. Common Data Platform: Enables visibility and performance measurement of cross-functional processes and collaboration with trading partners.

Prescriptive Analytics Software 113

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 113

Logility

JUNE 28, 2018

Swimming pool control systems that automatically adjust chemical levels based on your desired water chemistry and immediately alert you to potential issues or equipment failures. Common Data Platform: Enables visibility and performance measurement of cross-functional processes and collaboration with trading partners.

Prescriptive Analytics Software 101

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 101

Supply Chain Shaman

MAY 13, 2015

Forty years ago as a chemical engineering student, I learned the tedious craft of chemical plant design. Getting good at factory design is a merit badge of sorts for the chemical engineer. Getting good at factory design is a merit badge of sorts for the chemical engineer. In this position, we designed real-world plants.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Consumer Packaged Goods (CPG) and chemical companies are close behind, but they are having difficulty “taking the hill.” Aligning metrics matters. Functional metrics in isolation degrade value.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 254

Talking Logistics

JANUARY 8, 2018

The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt. Do we have the right Service Level Agreement metrics in place? At what cost?

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

Supply Chain Game Changer

NOVEMBER 5, 2019

As such it can, out of necessity, become a source of rogue buying behaviour and risky purchases. If you run out of a vital chemical, tool, or element used in the equipment that is a part of the production process you can stop your production line immediately. Proactive inventory management is essential. Need I say more?

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

NC State SCRC

OCTOBER 26, 2021

Prices for polyethylene, polypropylene and other chemical compounds used to make auto parts, computers, and a vast array of plastic products, have reached their highest levels in years in the U.S. Gulf Coast export PVC prices were assessed at $1,900 a metric tonne for the week of Sept. as supplies tighten. However, worse was to come.

Supply Chain Disruption 52

Supply Chain Disruption Supply Chain Planning Supply Chain Texas 52

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). We are targeting much improved end-to-end planning in response to multiple demand sources. We are also working on Sales and Inventory Operations Planning (S&IOP).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). ” They questioned, “ How long will this recession last?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

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? Cyberattack and data breach.

Pharmaceutical 94

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

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

QAD

FEBRUARY 26, 2019

Typical manufacturing products made in Belgium include engineering and metal products, automobile assemblies, transportation equipment, scientific and precision instruments, chemicals, pharmaceuticals, textiles, glass, petroleum and food and beverages. billion metric tons of goods in 2015. percent; Netherlands 12 percent and the U.K.

Belgium 66

Belgium Manufacturing Procurement Netherlands France 66

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? Cyberattack and data breach.

Pharmaceutical 60

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

Supply Chain Shaman

NOVEMBER 29, 2015

Hadoop is an open-source software framework written in Java for distributed storage and processing of large data sets on computer clusters. In contrast, it took the average chemical company or automotive supplier five-to-eight months. Inventories are high, and we have excessive ocean capacity. The data is not moved. (In

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 0

Supply Chain Shaman

JANUARY 18, 2016

Table 1: Contract of Growth, Operating Margin, Inventory Turns and Cash-To-Cash for Consumer-Facing Industries. Only beauty, chemical and Over-The-Counter (OTC) Drugs made progress in operating margins. In parallel, take a closer look at inventory turns where only pharmaceutical companies made slight progress.

Supply Chain Planning Software 150

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

Unleashed

MARCH 9, 2021

In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

EMERGE App

OCTOBER 4, 2018

Not cleaning up the inventory skeletons in your closet can mean a difference between a ho-hum year and a bumper year. Here we’re going to cover some common inventory management mistakes that businesses make while winding up the year. Inventory Management Mistakes – 8 Horrors of Inventory Management.

Inventory Management Software 76

Inventory Management Software Inventory Management Inventory Reduction Inventory 76

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Much of the inventory on the ships at sea will miss the essential seasonal windows. Build Strong Supply Chain Sourcing Development Practices. What can we learn?

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Unleashed

JANUARY 13, 2019

For a business to run efficiently, visibility over inventory stock is a prerequisite. By implementing inventory management software, companies can have one source of information at the heart of their business which enables them to make well-informed business decisions. Don’t let your inventory control you.

Inventory Management Software 65

Inventory Management Software Inventory Reduction Chemicals Waste Reduction 65

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Much of the inventory on the ships at sea will miss the essential seasonal windows. Build Strong Supply Chain Sourcing Development Practices. What can we learn?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Much of the inventory on the ships at sea will miss the essential seasonal windows. Build Strong Supply Chain Sourcing Development Practices. What can we learn?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

FEBRUARY 23, 2017

Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. This trend was characteristic of the chemical industry. Inventory Turns.

Agile and Lean Supply Chain 154

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

o9 Solutions

DECEMBER 3, 2021

The chemical’s industry is no different, as its value chain—from raw material sourcing and shipping to production—has been impacted by disruptions and ripple effects due to the COVID pandemic. An additional factor in the volatility is that many downstream industries rely on chemical companies for their production processes.

Chemicals 52

Chemicals Modeling Supply Chain Planning Software Scenario Planning 52

Unleashed

FEBRUARY 28, 2021

Cloud-based systems offer a cost-effective way to manage and monitor suppliers, inventory and more. Unleashed Software and accounting software firm Xero have a plug-and-play integration that allows you to manage the entirety of a business’s inventory and accounting processes. Cloud-based software. A mobile sales app.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

Precoro

FEBRUARY 27, 2023

Spend analysis is a crucial part of the broader business practice of spend management because a clear picture of the company's expenditures is essential for fact-based decisions in strategic sourcing and supplier management. If the answer to any of them points to problems, it might be time to explore other sourcing options.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Material Handling & Logistics

JUNE 25, 2018

So the CSR score too is more of a popularity contest than a consistent metric. One thing to keep in mind about who qualifies for consideration is that only big public companies are included in the rankings, and by “big” we mean they need to have sales of $12 billion or more. Media Type. Media Credit. Privacy Settings. anonymous user.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Supply Chain Shaman

AUGUST 3, 2016

This includes companies like BASF, Clorox, Eastman Chemical, J&J, Kimberly-Clark, Mondelez, Nestle, P&G, and Unilever. Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. Process Integration Across Functions.

Supply Chain Planning Software 150

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