Remove Chemicals Remove Inventory Remove Metrics Remove Warehousing
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Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle.

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Power B2B Networks

Supply Chain Shaman

If you ask companies if they would like better inventory and global supply chain visibility, you will get an overwhelming answer of, “Yes!” If you miss reading the Shaman in the next few weeks and you want some new reading in the area of supply chain excellence, consider tucking my new book Metrics that Matter into your suitcase.

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Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

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. inventory turns. for inventory turns define best-in-class performance?

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The Importance of a Strong Supply Chain and Logistics Strategy!

Supply Chain Game Changer

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.

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Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

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. The focus is on functional metrics, but are unable to get to overall supply chain metrics. 3) Granularity. Master data. The devil is in the details.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

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. The problem is that warehouses are full. My question is, “Why?”

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Wanted: Supply Chain Architects!

Supply Chain Shaman

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.