Chicago Inventory Metrics Strategy 
Supply Chain Shaman
SEPTEMBER 22, 2022
I am writing this post from a hotel room in Chicago. Using better math to build an inventory plan for raw materials is a good idea. Unified Data Model Tied to a Balanced Scorecard: The movement from functional metrics to a balanced scorecard and the alignment of disparate planning engines through a unified data model.
Logistics Viewpoints
OCTOBER 26, 2023
So why are so many still falling short of OTIF targets (and other key metrics)? But to verify the “in full” part, your real-time transportation solution needs to be connected to warehousing, inventory, fulfillment and order management. He lives in Chicago. That covers “on-time.”
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Supply Chain Shaman
JULY 22, 2019
A clear definition of purpose and alignment of business process to corporate strategy is an apparent characteristic of companies that outperform. The broader the definition of end-to-end strategy and the alignment of supply chain processes drives value. It is not as simple as trading-off inventory, cost, and customer service.
Supply Chain Shaman
OCTOBER 8, 2019
I find senior executives love to throw around superlatives like customer-centric, agile, efficient and responsive but lack the understanding of how the words translate to supply chain strategy in the real world. Managing a supply chain requires big feet—grounding in real-world experience—coupled with big wings—conceptualization of strategy.
Supply Chain Shaman
AUGUST 7, 2019
Recently, I conducted a strategy session was with a major consumer products company selling cosmetics. The company wanted to launch a digital strategy, but the digital supply chain team had never connected with the firm’s digital marketing team to understand how the two groups’ efforts could be intertwined.
ShipBob
OCTOBER 24, 2022
You never really know how it will all turn out, yet you need to be able to answer questions like these: How many units of inventory do you need to have on hand to be at full stock for each SKU? How often do you project to replenish inventory ? Demand forecasting allows businesses to optimize inventory by predicting future sales.
GlobalTranz
MAY 12, 2017
The logistics firm should aim at developing the warehouse inventory so that there is minimum wastage of goods. When you deploy new strategies in the system, you need to measure the output. This is important as it intimates the success or failure of the strategy. Analyze the metrics related to different operations.
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