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For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? I observe that organizations are unclear on outcomes and the definition of supply chain excellence. Supply chain excellence should be about driving value.
Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. The homework is to bring a list of the data that you think could drive better decisions to the conference and ask the technology company for insights on how to best use different forms of data.
Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. My conclusion?
We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence?
Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. The manufacturer pays maintenance for the planning software but stops contact with Company A. Here are my recommendations: Buy Software Like You Manage A Relationship.
The operating margin for the medical device industry is 4X that of the automotive manufacturer and 2x the margin of the hospital. There is an inverse relationship between margin and supply chain excellence. Zimmer’s strategic framework focuses on growth, operational excellence and prudent capital allocation. It matters more.
Consumers became more loyal to retail brands, and retailers increased the number of products manufactured and marketed as house brands. Consumers want to shop anywhere, and buy in the way that they want to buy. It is for this reason that I sit on the back row at most conferences watching, listening, and smiling.
Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers.
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. While there is work within SAP to rethink SNC and use the assets purchased with Ariba to build multi-tier capabilities, the progress is not encouraging.
There, he navigated the complexities of the fuel desk, advising drivers nationwide on Comdata issues, optimizing purchase orders, and leveraging tax advantages. Excelling as an inside sales manager, account manager, and mentor, he led a broker team to achieve a monumental revenue goal of $40 million.
AGCO was honored to receive the AME 2017 Excellence Award. While many employers would have penalized the employees for tablet breakage , Peggy explored the world of wearables to enable her digital manufacturing transformation. To solve these problems, AGCO partnered with Proceedix to develop an application for manufacturing.
This week, I spoke at the Llamasoft Summercon Conference. The conference was low-key. We laughed, and felt a bit silly, leaving the conference room holding our new furry tchotchkes. Most companies are still struggling with “what good looks like” and “what defines supply chain excellence.”
Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. What is Manufacturing?
” CFO of a major manufacturer. Procter & Gamble and Kimberly Clark); but for most companies that I have worked with, I see that they have purchased and implemented inventory technologies, but there has not been an impact on future years results in either Days of Inventory or Days of Working Capital. I am a skeptic.
The older tools from CAPS Logistics, SNO from Oracle, and Manugistics Network Planning are giving way to new technologies like the Logictools product (purchased from IBM), the Solvoyo product for concurrent planning, the Quintiq technology for concurrent optimization, and the Llamasoft technology platform for optimization and simulation.
The issues are largely rooted in politics and the lack of clarity on supply chain excellence. Or planned orders to purchase orders?) In one of the case studies, a manufacturer reported that they had 1700 employees with the term “data” in their title, but they lacked insights. And how do we measure it? (Is
Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. We have heard that there is a focus on near-shoring, reshoring, and local manufacturing.
I need it for my conference on September 10th-11th, 2014. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Which metrics do you think matter to supply chain excellence? I am behind. The heat is on. No backing out.
As an old gal attending multiple conferences (more than I would like at times), I have listened to speakers waft eloquently about the value of concepts like networks, big data, industry 4.0, similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel.
<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.
Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. I disagreed.
In 2024, artificial intelligence (AI) was everywhere in countless headlines, on every conference agenda and on the minds of leaders in virtually every industry. This is the year that AI stops being just a buzzword and begins to evolve into an operational imperative for manufacturers, retail and supply chain companies.
by Bill DuBois I recently attended the LogiPharma conference in Princeton, NJ to hear a number of speakers give their thoughts on the state of the pharmaceutical supply chain. Of particular interest was a session on Contract Manufacturing Operations (CMO) relationships with Michael Daly, Director of Supply Chain for Valeant Pharmaceuticals.
This team is not buying the message. So much so, that three years ago, I founded a research company to focus on understanding supply chain excellence. Proudly, I had led my division to have the lowest manufacturing costs with the highest Return on Assets. For a couple of hours I looked around the room and saw glazed eyes.
I writhe in my seat at most conferences and count the number of times the word “digital” is used in presentations. Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. Supply chain excellence definitions evolve as companies explore the Art of the Possible. I am not sure why.
The focus is on the role of supply chain finance in driving supply chain excellence. Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The design of the conference includes tours of several modern warehouses and centers of excellence. Background. 4 Maximize Buffers.
As we discussed this drawing the dialogue flowed in the conference room. The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. .” I drew the picture shown in Figure 1.
The past few weeks have seen several different conferences in Supply Chain but the stand out last week was certainly the Gartner Supply Chain Executive Conference (GSCES) in London. And so there was no shortage of cloud vendors at the conference this year.
During the spring, I get to spend a lot of time in airplane(s) attending and speaking at technology confer ences. We also see that manufacturing companies with a strong dependency on BPO are less agile and rate themselves lower on innovation. Avoid buying software from a consulting company. I have done this for a decade.
During the year, I go to a lot of conferences. How do they buy from you? How do they buy from you?” When I hear them at a conference, I squirm uncontrollably in my seat. SanDisk Corporation designs, develops and manufactures flash memory storage devices and software. Source: Dictionary.com.
However, the stories of success are largely project improvements or improvements in vertical supply chain efficiency in manufacturing or transportation. In each case, note that the greatest improvement is happening in industries like contract manufacturing where innovation is a necessity due low margins. As shown in Figure 1.
When my flight canceled, I was en route to the annual AMR conference in Phoenix. Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order.
My goal in this blog post is to answer a series of questions I got from the audience when I spoke at a couple of conferences this week. Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. A strong center of excellence tied to network design is essential.
If the word collaboration was listed on a card as a drinking game at supply chain conferences, we would be drunk at many. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. Here I share perspective on cash-to-cash abuse. My takeaway?
Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. There are two buffers in the supply chain: inventory and manufacturing capacity. As assets become more and more utilized manufacturing loses the ability to buffer volatility through manufacturing capacity optimization.
Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand.
If a planning project short-circuits the conference room pilot stages, it will be difficult to ever maximize the value from the investment. The third issue is the lack of understanding that global processes–to maximize the economies of scale in transportation and material buying–need strong governance.
Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” As a result, companies should buy inventory management technologies based on process requirements, IT standardization and cultural fit. Seven Misconceptions.
They have piloted the process in Excel and know that they need an enterprise level solution for a global roll-out of S&OP. The best planning systems are implemented carefully based on conference room pilots and focus on modeling the business. However, excellence in corporate planning matters.
According to the Conference Board, despite lockdowns and COVID-19 related restrictions, consumer confidence in Asia rose in the last quarter of 2021 to 128 points from 126 points. Brand loyalty is no longer the driver for consumer purchasing decisions. As a result, consumer behaviour is likely to become more and more unpredictable.
In the 1990s, I transitioned from managing an emerging supply chain organization at a mid-sized manufacturing company to working for a supply chain planning company. As we walked, I reflected and kept asking Scott, “How can we optimize outcomes if companies are not clear on what defines excellence?” A Walk That I Often Remember.
In the 1990s, I transitioned from managing an emerging supply chain organization at a mid-sized manufacturing company to working for a supply chain planning company. As we walked, I reflected and kept asking Scott, “How can we optimize outcomes if companies are not clear on what defines excellence?” A Walk That I Often Remember.
Since a modern business is shifting from manufacturing to service, this article will provide a review of literature and a case study of the company at a forefront of the service supply chain frontier. In order to excel in this operations, they try to find the people with positive attitude.
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