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Changing Mental Models

Supply Chain Shaman

I also had the opportunity to speak at the GHX conference and facilitate a leadership workshop on the required changes for implantable devices. Here are some of the quotes from the workshop I led yesterday that helped me to better understand the industry: “A process born out of chaos is chaos. What should Companies Do?

Modeling 236
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How to Create an Unbeatable Retail Customer Experience in 2023

ShipBob

How people feel when they interact with your business influences their buying behavior. A Salesforce report found that almost 90% of shoppers consider the customer experience as important as the company’s products or services. That means optimizing inventory levels to meet demand and offering competitive shipping options.

Retail 52
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Industry 4.0 was Delayed, not Cancelled, by the Pandemic

Enterra Insights

He writes, “Manufacturing operations can take advantage of the data in a number of different ways: Inventory levels; quality control data; equipment productivity; operator productivity; and, condition of equipment.” Doing digital right Successful companies place equal emphasis on people, processes, and technologies.

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Accelerate Digitisation in the Supply Chain – Leveraging a Data-driven Approach to Optimisation – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Then, in 2019, SDS acquired French digital transactions technology company, eServGlobal. Their scalable solutions have proven to help companies reduce their logistics costs and optimize their supply chains. With a key focus on emerging markets around the world, SDS process over US$14B worth of transactions annually.

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7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve

GlobalTranz

Sales, Inventory, and Production Planning (SIOP) should be used for business planning and strategy in the shipper, 3PL relationship. At the performance review employees think they have done excellent work but their manager gives them a low rating at their annual appraisal. Strategic Business Planning. Are they helping you lead the way?

KPI 120
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Podcast: Rob Handfield on Suppliers, Data, Tech, and Talent

Requis

He is a consultant to Fortune 500 companies and US federal agencies, and a speaker with focus on the fields of strategic sourcing, supply market intelligence, and supplier development. In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Basically, Flex runs supply chains.

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No Easter Bunny?

Supply Chain Shaman

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. As a result, many companies are struggling. They are not best practices. Barrier #2.