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. So when the warehouse team threatened to unionize, I transferred into a distribution, warehouse environment. Warehouse Management and Transportation Management were in their infancy.

Will the Downturn Signal an Upturn?

Supply Chain Shaman

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. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. Volatility.

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28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. This initially necessitated the expansion of our warehousing provision, revision of our stock rotation and warehousing policies and associated costs, which we had to bear.

BASF: A Story of a Supply Chain Leader

Supply Chain Shaman

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. The composite of metrics includes growth, operating margin, inventory turns and Return on Invested Capital.) While most companies make improvements in single metrics, pushing the whole portfolio forward is tougher.

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. I was luck enough to get to take this class twice, and it was one of the most profound courses that I took in chemical engineering school. We finished dinner. I pressed my neatly folded napkin to my lips.

Data 266

Power B2B Networks

Supply Chain Shaman

In figure 1, it is clear in process networks (industries of chemical, pharmaceutical, and food) that there is a significant different in capabilities when companies use B2B Networks versus EDI, Fax, email or spreadsheets. 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.

Supply Chain Best Practices: Preparing for the Worst

Elementum

Establish appropriate metrics that correspond with the steps outlined in your contingency plan. The slowdown had a final price tag of $770 million for Washington business alone—the sum of net delinquent shipments and additional costs such as warehousing and truck idling fees. This inventory glut crowded warehouses, eventually forcing companies to cut back on their new orders to clear out their backed-up storage facilities.

Supply Chain Best Practices: Preparing for the Worst

Elementum

Establish appropriate metrics that correspond with the steps outlined in your contingency plan. The slowdown had a final price tag of $770 million for Washington business alone—the sum of net delinquent shipments and additional costs such as warehousing and truck idling fees. This inventory glut crowded warehouses, eventually forcing companies to cut back on their new orders to clear out their backed-up storage facilities.

Supply Chain Visibility: A Precursor to Insight and Optimization

Talking Logistics

While some industries have already achieved this ideal state of transparency, businesses in the chemical industry for example, that are better known for well-developed IT infrastructures or plant operations and less for the adoption of advanced supply chain concepts and optimization, are begetting one key question: how do we approach and achieve end-to-end supply chain visibility, and ultimately benefit from the network-wide insights it will offer?

Transforming Consumer Value Chains: Navigating The Power Shift to the Shopper

Supply Chain Shaman

Only beauty, chemical and Over-The-Counter (OTC) Drugs made progress in operating margins. As a result, unit picking, shipping and returns is redefining warehouse management and transportation processes. Voice picking, piece pick walls, and pushing the goods to the packer are new processes, but underlying these process redefinitions is the need for investment in warehouse management. Last week, Wal-Mart announced the closing of 269 stores and the layoffs of 10,000 employees.

IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

The burning of this fuel in ships are main engines, boilers and generator engines and produces exhaust containing Sulphur oxide (SOX) which then reacts with water, oxygen and other chemical to form Sulphuric acid n secondary inorganic aerosols. million metric tons annually. As carrier begins to adjust their rates, then down hierarchy players such as NVOCCs, LSPs, Trucking, Warehousing etc. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Using Managed Analytics to Build a Next-Generation Supply Chain

Talking Logistics

The advent of transportation management systems (TMS) in the 1990s introduced near-infinite metrics and data points into the supply chain yet brought with it more questions than answers: How do we centralize the data? In its simplest form, managed analytics combines transportation data, along with several other databases, into a central data warehouse and applies a sophisticated set of analytical tools and algorithms.

Doing Business in Belgium

QAD

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. It serves as Europe’s second largest seaport and the world’s second largest chemical cluster.

Enterprise Ethanol Takes Control of Their Operating Processes Using Unleashed

Unleashed

We have a complicated assembly process due to the chemicals we handle. This process used to be quite manual — we’d have to ask someone in the warehouse who knew what goes into the chemicals – which left a lot of room for human error. Not only did this lead to regular stockouts, but we also couldn’t quantify our business with metrics and numbers. For a business to run efficiently, visibility over inventory stock is a prerequisite.

Top 25 Supply Chains of 2018

Material Handling and Logistics

The rankings are based on a composite score based on the opinions of Gartner’s analysts; a group of peer voters (mostly supply chain practitioners, professionals and experts; in the interests of full disclosure, I myself am part of the peer panel); some metrics, including return on assets, inventory growth and revenue growth; and a corporate social responsibility (CSR) component score. So the CSR score too is more of a popularity contest than a consistent metric.

Structuring Your Demand Planning Group to Make its Greatest Contribution

Supply Chain Nation

At its core, demand planning is the function of producing the demand plan, e.g. the operational sales forecast that drives manufacturing and/or the replenishment of product into a store or warehouse. This can be overcome, however, with proper focus and metrics. He leverages a wide range of industry knowledge from executive positions at Lowe’s Companies and Philips Medical Systems; as well as experience in the consumer goods, high tech and chemicals industries.

Don’t Make These 8 Horrible Inventory Management Mistakes Before Halloween

EMERGE App

Your retail customers bought them because health-conscious consumers wanted a non-stick solution without nasty chemicals or synthetic stuff on their fry pans. Their boxes are gathering dust and they’re taking up valuable warehouse space that could otherwise have gone to another best-seller. Horror 3: Disappearing Metrics. Aside from generating financial reports, what other metrics are you using to benchmark your inventory management efficiency? Introduction.

Structuring Your Demand Planning Group to Make its Greatest Contribution – Part 2 of 4

Supply Chain Nation

At its core, demand planning is the function of producing the demand plan, e.g. the operational sales forecast that drives manufacturing and/or the replenishment of product into a store or warehouse. This can be overcome, however, with proper focus and metrics. He leverages a wide range of industry knowledge from executive positions at Lowe’s Companies and Philips Medical Systems; as well as experience in the consumer goods, high tech and chemicals industries.

Three Reasons Why I Love Hadoop, and You Should Too!

Supply Chain Shaman

This is a key differentiator and vastly different to the principles we know today of relational software in rows and tables and traditional data warehouse approaches using ETL where processing data requires movement. In contrast, it took the average chemical company or automotive supplier five-to-eight months. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. The elephants are coming!