Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Logistics Viewpoints

AUGUST 15, 2022

A direct material is a raw material, component, or assembly used directly in the manufacturing process. For example, one of the key decisions that a manufacturer needs to make is should they continue to buy goods from one of their suppliers. In contrast, a part used in the production process may be custom made for that manufacturer.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Supply Chain Shaman

MAY 22, 2013

The AMR Top 25 was the first methodology that tried to connect financial metrics with supply chain excellence. It elevated the discussion on supply chain excellence and drove more discipline and rigor in the use of financial metrics. See how different the progress is on this metric by industry? The intent was good.

Gartner 250

Gartner Pharmaceutical Supply Chain Chemicals 250

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Material Handling & Logistics

SEPTEMBER 8, 2017

The Institute for Supply Management conducted a special survey that asked members to assess how Harvey might impact six key business metrics and whether they may be impacted by shortages of input materials due to Harvey. "Our Broadly speaking, the six metrics organized by severity of impact into three groups. Most Impacted Metrics.

Metrics 98

Metrics Texas Chemicals Supply Chain 98

Logistics Viewpoints

JULY 22, 2021

As shown in the map, the company has 4 distribution centers wherein each location is shipping to several places across the US (for the sake of simplicity we are not showing the manufacturing and sourcing locations here). CSCO and CPO, both can benefit from a closer collaboration. S&OP can serve as a vehicle towards that.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Supply Chain Shaman

AUGUST 12, 2020

The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. Only 29% of manufacturers easily manage total cost trade-offs. From interviews, I believe that it was a combination of leadership and metrics alignment.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

CH Robinson Transportfolio

DECEMBER 21, 2016

The Chemical Supply Chain: 3 Things Learned from This Year’s LogiChem Conference. The panels and presenters at LogiChem USA displayed an expertise in chemical supply chains seen nowhere else. As LogiChem is an event focused on logistics in the chemical industry, it came as no surprise that this was one of the overarching themes.

Chemicals 34

Chemicals Conference Supply Chain Planning Software Gartner 34

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. ” Supply Chain Leader. I am behind. The heat is on.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

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. 2) Latency. 3) Granularity. Master data. The devil is in the details.

Supply Chain Design Software 282

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

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 this scenario, a retailer orders stock from a manufacturer or a designer.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

The Logistics & Supply Chain Management Society

MAY 28, 2022

Do you know where the manufacturing facilities of your suppliers (and their suppliers) are physically located? Which parts are manufactured at each location? Supply chain mapping is key to ongoing innovation. Then it’s about mapping the supply chain. Do you track the history and frequency of disruptions?

Supply Chain Planning Software 269

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

Logility

JANUARY 26, 2022

Reporting will need to reveal such information as total volume of material produced, carbon emissions, water consumption and pollution, chemical usage, storage, and disposal practices, median wages, and measures for responsible company conduct embedded in policies and management systems.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 130

Supply Chain Shaman

MAY 29, 2014

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. As a result, the metrics have to be viewed together as a pattern over time. I find value in looking at these metrics together. They have shed their assets.

Gartner 301

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 301

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

Talking Logistics

SEPTEMBER 17, 2018

As a consequence, corporations used metrics like return on net assets (RONA), return on capital deployed, and internal rate of return (IRR) to measure efficiency. These metrics make it difficult for a company that wants to invest in long-term innovation. which said “keep the stock price high.”.

Company 101

Company Price Reduction Cost Reduction Strategies Logistics Network Optimization Software 101

NC State SCRC

NOVEMBER 2, 2023

His first position was with Air Products and Chemicals in finance, and he quickly became bored with it. When I was there, an employee’s base pay came every 4 weeks, and it would go up based on hitting certain metrics – Net Sales and Return on Total Assets. Depending on whether you hit those parameters – your salary went up or down.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Supply Chain Shaman

MAY 17, 2015

Then it is off to Dallas to speak on Supply Chain Metrics That Matter at the Dallas CSCMP roundtable and complete some more client work. In short, this major manufacturer and a well-respected supply chain leader, lamented the lack of good decision support tools and the singular focus of his IT team to focus on ERP implementation.

Supply Chain Planning Software 150

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

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 demand latency for a semiconductor manufacturer is 180-220 days, while a chemical manufacturer has a latency of 150-280 days.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

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

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 250

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

Resilinc

NOVEMBER 8, 2023

For high-tech and semiconductors in particular, the risk of a factory fire is high due to the highly flammable materials used in semiconductor manufacturing: combustible plastic materials, flammable and pyrophoric chemicals, and high-voltage electrical power.

Supply Chain Disruption 53

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Supply Chain Planning 53

Supply Chain Shaman

JANUARY 28, 2015

In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. 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).

Supply Chain Design Software 150

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

Supply Chain Shaman

AUGUST 2, 2017

The average company has seven S&OP processes, but a global chemical company averages over 30. Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. There needs to be a common definition of supply chain excellence.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

Supply Chain Shaman

JUNE 3, 2013

It was funded by 50 large consumer products manufacturing companies (CPG). In the dawn of e-commerce, conservative manufacturers, anteed up $240 million in four months. the company is owned today by 20 organizations representing manufacturers, distributors, hospitals and group purchasing organizations (GPOs).

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 253

QAD

FEBRUARY 26, 2019

Manufacturing in Belgium. 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. Supply Chain Infrastructure for Manufacturing.

Belgium 66

Belgium Manufacturing Procurement Netherlands France 66

Arkieva

MARCH 10, 2017

In this week’s Supply Chain Talk, Arkieva CEO Harpal Singh discusses ways that manufacturers can reduce the disconnect between operations and finance. All too often, the financial folks are not concerned about the complexities of manufacturing, and the manufacturing folks do not appreciate the larger financial picture.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Forecasting 60

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

Resilinc

OCTOBER 11, 2022

In this Q&A, Chaturvedi shares his views on rebuilding American manufacturing, reshoring, nearshoring, and other topics of the moment in supply chains. Resilinc: What’s the current status of reshoring manufacturing? The top countries that are investing in manufacturing sites in the U.S. That’s good news.

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Mexico 62

Supply Chain Shaman

AUGUST 2, 2017

Today, the average company has seven S&OP processes, but a global chemical company averages over 30. Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. 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

Supply Chain Shaman

AUGUST 26, 2015

They wanted to know, “ How was the market affecting the chemical supply chain?” DuPont as a chemical supplier to the market sits four-to-five levels back in the supply chain with extreme demand latency (about six months) and high volatility of the true market demand signal due to the bullwhip effect. Why is this important?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

RFgen

FEBRUARY 7, 2019

And when equipment breaks down unexpectedly, your manufacturing operation can be hemorrhaging money by the second. For manufacturers, it all comes down to the bottom line: If your machines are down, you’re not making product and you’re not making money. Digitizing technology is already making waves in MRO across the globe.

Supply Chain Planning Software 52

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

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

Supply Chain Game Changer

NOVEMBER 5, 2019

” Examples of items included in MRO are: Chemicals, lubricants, gaskets, cleaners Office supplies Repair tools, hand tools Safety equipment Gloves, cloaks and workwear Batteries Furniture, fixtures Compressors, valves, pumps, belts, motors Computer equipment, computerized tools Etc. mro #procurement #purchasing #manufacturing.

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

CH Robinson Transportfolio

NOVEMBER 19, 2015

I always come back from these conferences inspired and fascinated at how diligent chemical supply chain managers must be to mitigate risk and adverse events. The chemical supply chain continues to faces significant challenges, with more global and complex supply chains, leaner inventories, and rising customer expectations.

Conference 34

Conference Chemicals Third Party Logistics North America 34

Enterra Insights

AUGUST 17, 2022

By any metric, the situation looks grim. Fortunately, manufacturers are working with scientists to develop new types of packaging that are both good for the environment and good for preserving freshness. .”[4]. BCG analysts report, “The average North American household wastes approximately 130 pounds [of food] annually.

Waste Reduction 130

Waste Reduction Food Supply Chain Planning Software Resource Reduction 130