Talking Logistics

OCTOBER 10, 2017

This year’s CSCMP conference reinforced that we’re in the early days of a massive transformation. And at the conference it was clear that the data problem is still huge and everyone needs a better way to solve it. The Data Problem. Cleaning it takes days. The Secret to Actionable AI Insights.

Conference 112

Conference Analytics Software Supply Chain Planning Software Data 112

Supply Chain Shaman

OCTOBER 10, 2017

While many employers would have penalized the employees for tablet breakage , Peggy explored the world of wearables to enable her digital manufacturing transformation. AGCO’s culture of innovation policy deployment enabled employees to pioneer a technology solution for manufacturing. Improvement in Digital Manufacturing.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 152

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The demand latency for a semiconductor manufacturer is 180-220 days, while a chemical manufacturer has a latency of 150-280 days.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

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

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Logistics Viewpoints

AUGUST 7, 2023

Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions. Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Supply Chain Shaman

OCTOBER 13, 2022

I love the stories but question the fit of the metaphor(s) for a supply chain conference. The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales.

Supply Chain Planning Software 217

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

Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. It is a conference to have you think differently and drive new outcomes. What Can We Learn?

Gartner 203

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 203

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The latest edition of the LogiSYM conference catering to the Middle East/North Africa region, LogiSYM MENA, took place online on August 24. In the first conference segment in the afternoon, the theme shifted to Sustainability – a subject that was hardly discussed at LogiSYM just a few years ago. MORE FROM THIS EDITION.

Supply Chain Software 231

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 231

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

JUNE 7, 2021

A balance sheet analysis shows that 95% of publicly traded manufacturers are stuck (when compared to peer group) at the intersection of growth and margin, margin and inventory turns, and Return on Invested Capital (ROIC) and growth. When companies were growing, I also discovered that the cost and inventory metrics better aligned with peers.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. However, the stories of success are largely project improvements or improvements in vertical supply chain efficiency in manufacturing or transportation. 2) Focus on a balanced portfolio of metrics.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

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. Organizations can align to drive value despite the allegiance to functional metrics.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain View from the Field

NOVEMBER 10, 2014

I was attending the Zycus Horizons 2014 conference at Amelia Island today, listening to speakers. We don’t impact COGS much in financial services – but from an indirect side – we will continue to build procurement but won’t build the level of influence as manufacturing. It is amazing that we do the same things.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

Supply Chain Shaman

MARCH 9, 2021

Remember the need for goal clarity, rules, and clear metrics in my opening paragraph? In the design thinking workshops for multiple manufacturers, these were conspicuously absent. The goal of the conference is to Imagine the supply chain of the future. The conference is in Franklin, TN on September 7th-10th, 2021.

Supply Chain Design Software 216

Supply Chain Design Software Supply Chain Design Supply Chain Software Innovation 216

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. Following the conference, Alexia asked for me to share the methodology with over 150 financial analysts. Aligned Metrics.

Optimal Sourcing 301

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

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I need it for my conference on September 10th-11th, 2014. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. ” Supply Chain Leader.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Supply Chain Shaman

JUNE 29, 2014

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. So, as I cleared my throat to present at the Summercon conference, I looked into the eyes of over 500 supply chain professionals. The reason?

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Logistics Viewpoints

OCTOBER 25, 2021

Longbow Advantage had their first user conference in Nashville, Tennessee last week. But this conference was focused on a near real-time analytics solution they developed called Rebus. Here “near real-time” is defined as a refresh of key metrics every five minutes. Overcoming the Objections of IT.

Real-time Visibility 172

Real-time Visibility Analytics Software Supply Chain Planning Software Demand Planning Software 172

Supply Chain Shaman

SEPTEMBER 4, 2017

These are mainly North American-based manufacturers, distributors and retailers.) We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. Correlations Between Survey Factors and Financial Metrics.

Supply Chain Planning Software 169

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 169

OptiProERP

JANUARY 17, 2024

The ways in which manufacturers extract and apply business intelligence (BI) are in transition. Depending on a variety of factors, manufacturers are relying on everything from manually produced spreadsheets to inflexible legacy ERP systems all the way to “smart manufacturing” approaches utilizing IoT and even IIoT.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Design Software Supply Chain Planning Software 52

Supply Chain Shaman

AUGUST 10, 2018

90% of public manufacturing companies are treading wate r. Improvement on the key metrics of growth, inventory turns, operating margin and Return on Invested Capital (ROIC) is elusive. I have worn many hats and attended more conference than I can count. ” Bad Conferences on Steroids. Then it was sexy.

Supply Chain Software 156

Supply Chain Software Supply Chain Modeling Modeling Software 156

BlueYonder

APRIL 13, 2023

ICON 2023 is Blue Yonder’s annual customer conference and premier supply chain event, where practitioners and decision-makers exchange insights about their transformation journeys If you are in the manufacturing field, why should you attend this year’s event? Terence: Why should manufacturing companies attend ICON?

Manufacturing Procurement 72

Manufacturing Procurement Inventory Reduction Optimal Sourcing Cost Reduction Strategies 72

Supply Chain Shaman

MAY 22, 2013

This week, Gartner is hosting their annual supply chain conference. The AMR Top 25 was the first methodology that tried to connect financial metrics with supply chain excellence. It elevated the discussion on supply chain excellence and drove more discipline and rigor in the use of financial metrics. The intent was good.

Gartner 250

Gartner Pharmaceutical Supply Chain Chemicals 250

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Shaman

OCTOBER 11, 2012

” CFO of a major manufacturer. I have attended conference after conference where I have seen the obligatory slide of “ We reduced X days of inventory, improved costs and driven XX% improvement in customer service.” You see it conference after conference. Ownership of Inventory as a Metric.

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

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. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Here I share perspective on cash-to-cash abuse.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Supply Chain Shaman

MAY 2, 2016

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. In figure 1, we share a maturity assessment for a manufacturing company.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

Logistics Viewpoints

APRIL 4, 2022

It started in manufacturing and spread, step by step, to improvements in the way the company runs its supply chain. This manufacturer already has business continuity plans in place. With the addition of the SCRM solution, this manufacturer believes they have achieved mature Control Tower capabilities. A Transformation Journey.

Supply Chain Transformation 193

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 193

CH Robinson Transportfolio

NOVEMBER 19, 2015

Last week’s 2015 LogiChem conference was held in Philadelphia, PA, the birthplace of the signing of our Declaration of Independence. I always come back from these conferences inspired and fascinated at how diligent chemical supply chain managers must be to mitigate risk and adverse events. ChemSolutions®, a division of C.H.

Conference 34

Conference Chemicals Third Party Logistics North America 34

CH Robinson Transportfolio

DECEMBER 21, 2016

The Chemical Supply Chain: 3 Things Learned from This Year’s LogiChem Conference. This was my third year attending the LogiChem conference, and I am always pleased to find the focus shifts from year to year to address current trends and issues while also providing insight to the future of the industry. Transporfolio by C.H.

Chemicals 34

Chemicals Conference Supply Chain Planning Software Gartner 34

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. The conference is designed to generate new ideas on next-generation supply chain thinking. The frequency of the plan needs to be common across the organization.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

Supply Chain Insights

FEBRUARY 11, 2013

This will be a monthly public two-day training course in manufacturing centers in Europe and the United States. I really did not want to do a conference, but I have been talked into doing this by popular request. They are asking me to put on a content-rich, small event that will be limited in vendor attendance. The work has been hard.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 235

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

Talking Logistics

AUGUST 27, 2018

From May 2016 through the end of August 2017, “17 CEOs of public Big Food manufacturers and retailers had departed, or announced their intention to,” according to an article published last September in Fortune. The theme of the conference was “Go Boldly Together.” Nulogy xChange 2018: Why Courage is So Important Today.

Agile and Lean Supply Chain 101

Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 101