Remove Comparison Remove Eliminating Excel in Purchasing Remove Information Remove Inventory
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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

How Do You Define Excellence? In retrospect, I find that technology is an enabler, but only if we are clear on what defines supply chain excellence. Many believe that an ex-supply chain exec knows the definition of supply chain excellence. An average margin of 21% with inventory turns of 1.58 I admit it. Lora was as well.

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How To Jump

Supply Chain Shaman

The sad fact is that most planners spend six to seven hours a day in meetings and struggle to get timely information. This week, I was at Informs Analytics Conference. Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams?

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Your supply chain is costing you money – Reason #6 Not effectively managing inventory.

Kinaxis

Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #6 Not effectively managing inventory. I lost track of how many carrots we had and ended up buying more when we really didn’t need any. Unfortunately, all the same kinds of things can happen to your supply chain inventory. and it didn’t leak.

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Have You Given Your Planner Love Today?

Supply Chain Shaman

Note the comparison to the larger population. Last week, the Wall Street Journal reached out to discuss the rising inventories near the Port of Los Angeles. Use the information to adjust the supply chain to minimize the impact. 3) Buy Technologies that Supply Chain Planners Will Love. The response is often surprising.

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Carter’s: A Story of Supply Chain Leadership

Supply Chain Shaman

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Inventory Turns. Not many companies have cracked this code.

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Free PO Software vs. Paid Software

Precoro

As a company slowly grows, purchase management becomes more and more complicated. The need to manually create, store, manage, and analyze the ever-growing purchase orders and all associated documents can be pretty cumbersome. Plus, find a comparison table of some free purchase order software and paid programs.

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Supply Chain Optimization Explained

ThroughPut

Note that supply chain optimization goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. This opens up avenues to save procurement, transportation, inventory, and warehousing costs. With supply chain optimization, inventory levels are also maintained at optimal levels.