Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Supply Chain Shaman

FEBRUARY 14, 2022

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. Industries carried on average 32 days more inventory in 2020 than in 2007. (I

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

BlueYonder

OCTOBER 1, 2022

I just returned from the Automotive Logistics and Supply Chain Conference in Detroit. The automotive industry is a complex ecosystem comprised of dealers, original equipment manufacturers (OEMs), multiple tiers of suppliers, and third-party logistics providers (3PLs). I look forward to seeing you at next year’s conference!

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

Supply Chain Shaman

OCTOBER 13, 2022

I love the stories but question the fit of the metaphor(s) for a supply chain conference. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency. The reason?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Supply Chain Shaman

SEPTEMBER 20, 2015

During the year, I go to a lot of conferences. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Source: Dictionary.com. This makes me yawn. It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

BlueYonder

OCTOBER 6, 2023

” – Sir Winston Churchill Having just returned from the 2023 Automotive Logistics and Supply Chain Global conference in Detroit, these words are very fitting to encapsulate the essence of the event. “Never let a good crisis go to waste.”

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

Supply Chain Shaman

SEPTEMBER 22, 2021

One of the goals of the conference was to challenge the audience to redefine work. In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. The question is, “Why?”

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Unleashed

AUGUST 11, 2020

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. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Supply Chain Shaman

AUGUST 12, 2020

On a cold Boston winter day, I slipped into my seat on a back row in a packed conference room at AMR Research. As I squeezed into the middle seat of a crowded conference room, I got the stare. Only 29% of manufacturers easily manage total cost trade-offs. Heavily booked and running from meeting to meeting, I was late.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Logistics Viewpoints

APRIL 3, 2023

Aera Technology offers a solution they call “Aera Decision Cloud” A key challenge for manufacturers is connecting integrated business planning (IBP) – a longer term plan – to operational planning and execution – what needs to be done in the near term. I believe this claim. Allocation is a good example of this.

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 252

Supply Chain Matters

JUNE 17, 2022

Newly Released Conference Board CEO Study. A further data point to these notions can be found in a newly released C-Suite Outlook Mid-Year survey report, published by The Conference Board. Inventory Management Assessment- Samsung Electronics. Samsung ’s inventory balances reportedly reached the equivalent of $36.9

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Supply Chain Shaman

APRIL 15, 2020

As the world for non-essential workers moved to on-line meetings, conference calls, and uncertainty, essential workers redefined the workplace to mitigate risk. This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

The Logistics of Logistics

MAY 26, 2023

Hannah is a board member of the National Association of Manufacturers, WBEC-Pacific, the Women’s Business Enterprise National Council (WBENC) where she also serves as WBENC Forum 1st vice chair, board chair of How Women Lead–Silicon Valley, and is a member of the Committee of 200 for executive women.

Supply Chain Design Software 205

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 205

Precoro

JULY 16, 2023

In other words, the purchasing manager is responsible for securing inventory requirements within the company’s budget and overall efficiency of the company’s purchases. Delays in supply deliveries, on the other hand, can lead to downtime at the manufacturing step and cause setbacks in meeting final customer expectations.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Shaman

SEPTEMBER 17, 2014

I smiled on the week following the conference as the accolades piled up in my inbox. Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. 110 supply chain leaders attended.

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

Supply Chain Shaman

OCTOBER 8, 2019

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. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?”

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain Shaman

OCTOBER 29, 2020

If the word collaboration was listed on a card as a drinking game at supply chain conferences, we would be drunk at many. Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Inventory.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. Global Trade Volumes- The United Nations Conference on Trade and Development (UNCTAD), in its latest forecast update was not encouraging or optimistic.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

QAD

MARCH 12, 2019

Industry-wide change is forcing manufacturers to enhance their capabilities, and speed is vital for reducing the uncertainties around responding to change. The theme for this year’s Explore customer conference is “The Speed of Business,” which is to be held May 6-9 in New Orleans. Procure to Pay – A Day in the Life.

Automotive 109

Automotive Manufacturing Procurement Pricing Training Procurement Solutions 109

ToolsGroup

MAY 30, 2018

At the recent Gartner Supply Chain Executive Conference in Phoenix, analyst Marc Halpern clarified three key concepts about supply chain digital twins in his presentation “Busting the Myth of Digital Twins to Deliver Value.” The experience of our customer SKF, the world’s largest bearings manufacturer , bears this out.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

Kinaxis

MARCH 2, 2015

by Melissa Clow SupplyChainBrain attended our annual Kinexions user conference, and while there, they completed a number of video interviews with customers , analysts, and Kinaxis executives. At Teradyne, many components have a lead time stretching over two quarters, and require 26 weeks to procure. And, we’d like to share them!

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply and Demand Predictive Analytics Software Demand Planning Software 100

Supply Chain Shaman

OCTOBER 20, 2012

Here is the list: Supply chain technology implementations have reduced inventory. Seemingly, most supply chain leaders that are reading the press, or going to industry conferences, would believe that all four statements are true. Here they are: The Lie of Inventory Reduction. Supply chain excellence matters. The reason?

Inventory Reduction 261

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 261

Oracle SCM

AUGUST 1, 2018

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. A high-tech contract manufacturer was growing rapidly through acquisition. Tom McDonough , Sr.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Supply Chain Shaman

NOVEMBER 9, 2014

Proudly, I had led my division to have the lowest manufacturing costs with the highest Return on Assets. I believed that we would find a company with the lowest distribution costs (warehousing and transportation), and the lowest manufacturing costs, and this would result in the best overall cost structure. I was wrong.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Supply Chain Shaman

JANUARY 28, 2013

Previously, the focus was on a more siloed approach to improving manufacturing, procurement or logistics. Today, most supply chain professionals believe that the supply chain planning solutions have driven steady progress to reduce costs, improve inventories and speed time to market. Bad inputs lead to a bad output.

Supply and Demand 239

Supply and Demand Modeling Demand Planning Software Demand Management 239

Supply Chain Shaman

NOVEMBER 6, 2016

If a planning project short-circuits the conference room pilot stages, it will be difficult to ever maximize the value from the investment. This allows shared services of procurement and transportation to function smoothly to achieve the economies of scale. This process helps to build planning capabilities. Planners need time to plan.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 150

Kinaxis

SEPTEMBER 26, 2016

by Dr. Madhav Durbha Part of what makes my job very exciting is attending conferences. Earlier this week, I attended the LogiPharma conference, a wonderful event for supply chain professionals working in the pharmaceutical industry. These events provide great opportunities to share, learn, network, and have fun.

Pharmaceutical 100

Pharmaceutical Supply Chain Planning Software Gartner Supply Chain Planning 100

Supply Chain Shaman

MARCH 3, 2018

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. ” A supply chain leader from GE at another conference said, “Yesterday, we called it big data. The primary question was, “With so many things changing, what remains the same?”

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

The Logistics & Supply Chain Management Society

APRIL 26, 2022

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. Supermarkets, retailers and importers are beginning to lift prices in response to the crises, essentially passing the costs onto their customers.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

ToolsGroup

OCTOBER 6, 2015

I attended the Supply Chain Technology User Wants and Needs Study delivered by Dwight Klappich at the Gartner Supply Chain Executive Conference two weeks ago in London, where he laid out Gartner’s latest findings about the things that matter most in supply chain performance. Fundamentals matter. They pursue analytics to help find hidden data.

Supply Chain Planning Software 120

Supply Chain Planning Software Gartner Supply Chain Software Supply Chain Strategy 120

Supply Chain Shaman

MARCH 6, 2018

I find as I attend conferences that the word “planning” is bantered about, but few technologists dive into the details. There are natural processes that require tactical horizon for procurement buying and transportation sourcing, and Sales and Operations Planning. Descriptive analytics. Prescriptive analytics.

Supply Chain Planning Software 198

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Planning Scenario Planning 198

Supply Chain Matters

JULY 7, 2022

The Supply Chain Matters blog highlights select June and Q2-2022 global manufacturing and supply chain indices, with the data indicating increased headwinds and challenges in the months to come. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. Select Regional Highlights.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Taiwan 52

Supply Chain Matters

OCTOBER 5, 2022

Supply Chain Matters provides a side panel supplementary update to our prior posted blog highlighting the latest reported September and Q3 global and regional PMI indices that indicate manufacturing contraction has begun. Further Warning of Recession.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52

Supply Chain Matters

APRIL 1, 2022

Friedman went on to articulate that transit times to move inventory from Asia to the U.S. Regarding claims that the supply chain would have recovered by now: “ I’ve never seen it so chaotic, honestly, from an execution point of view, whether its construction, sourcing, manufacturing, shifting supply chains or freight.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

Supply Chain Shaman

JANUARY 8, 2014

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. When it comes to how our products are produced, our Global Manufacturing Principles (GMP) set these standards.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259