Supply Chain Shaman

DECEMBER 7, 2022

I am unsure how many business teams I had the good fortune of working with, but a casual count nears 3,000 over 20 years with over 500 conference speaking opportunities. Based on my research, I write about four strategies that drove value over the last decade. Which strategy drove the most significant value??” The Journey.

Inventory Reduction 53

Inventory Reduction Material Savings Supply Chain Strategy Price Mitigation Strategies 53

Supply Chain Shaman

JULY 21, 2022

The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. Few companies actively manage complexity and automate segmentation strategies. The focus of the conference is on Supply Chain 2030.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. As we discussed this drawing the dialogue flowed in the conference room.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Talking Logistics

OCTOBER 8, 2015

Howard Schultz, the CEO of Starbucks, shared that insight during his keynote address at last week’s Council of Supply Chain Management Professionals (CSCMP) Annual Conference. And in contrast to 2008, “our supply chain is a strategic partner in the business today,” said Schultz, “it is the co-author of our company’s strategy.”.

Conference 100

Conference Supply Chain Software Supply Chain Strategy Supply Chain 100

Logistics Viewpoints

FEBRUARY 2, 2024

The jobs reduction will save $1 billion this year, Tomé said on an earnings conference call with analysts on Tuesday. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. The shares fell as much as 7.6

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Supply Chain Shaman

JULY 22, 2019

A clear definition of purpose and alignment of business process to corporate strategy is an apparent characteristic of companies that outperform. The broader the definition of end-to-end strategy and the alignment of supply chain processes drives value. The companies I work with struggle to set metrics targets. Target Setting.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

GlobalTranz

MAY 20, 2015

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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Talking Logistics

JULY 15, 2015

The theme of this year’s Descartes Evolution 2015 Global User & Partner Conference , held in May in Miami, Florida, was “Logistics Integration — What’s Next?” Important metrics include On Time Delivery from a customer’s perspective; Team Performance in the home; and Point of Sale experience. If not now, when?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Conference Supply Chain Network Software 100

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

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 focus of the conference is on Supply Chain 2030. In both formats, we design the conference for extreme networking.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 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. In the setting of strategy goals, executive teams often set unrealistic goals because they are not aligned with supply chain potential. The front office and back office strategies are not aligned.

Inventory Reduction 156

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

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. As a result, the financial and strategy teams became more interested. It was held at the University of Michigan in Ann Arbor.

Supply Chain Design Software 268

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

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. Planner Metrics – They implemented adoption metrics on how often planners were using the planning application or if they were experiencing any pain points in the system.

Supply Chain Planning Software 175

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

Supply Chain Shaman

JUNE 30, 2018

Companies with the lower score on the Index are driving faster rates of metrics improvement. Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)).

Supply Chain Design Software 161

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 161

Supply Chain Shaman

JUNE 26, 2017

As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. This year-over-year comparison, enables visualization of performance on two metrics. In addition, they rank last in their ability to drive metrics improvement. ” The answer will be “Yes! A Closer Look at P&G.

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

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. Managing a supply chain requires big feet—grounding in real-world experience—coupled with big wings—conceptualization of strategy.

Supply Chain Design Software 183

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

Precoro

JULY 16, 2023

This individual also ensures that established purchasing practices align with the general company financial strategy and business objectives. 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.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Vinculum

APRIL 17, 2020

The unpredictable situation is resulting in many cancellations like concert tickets, business conferences, airline reservations, etc. New financial metrics, receivables, and even the number of days the capital can last are important considerations that should be taken into account when formulating a new business model.

Inventory Reduction 52

Inventory Reduction Supply Chain Strategy Modeling Strategy 52

Logistics Viewpoints

OCTOBER 5, 2022

I’d say that the conference did not disappoint on any of those three points. Here is a quick breakdown of the phases as described by both Matt and Fab Brasca, EVP, Industry and Market Strategy. This is all about the alignment of metrics and objectives. As the tagline said, I was there to learn, connect, and be inspired.

Real-time Visibility 217

Real-time Visibility Predictive Analytics Software Supply Chain Network Software Optimization Software 217

Supply Chain Shaman

JULY 3, 2015

The discussion in the conference room was to have a methodology to clearly define supply chain excellence and to use this definition to drive our research and to help clients. At the Gartner conference, twitter is full of wonderful pictures of an elegant dinner. Leaders need to balance a portfolio of metrics. Why Does it Matter?

Gartner 150

Gartner Supply Chain Software Demand Planning Software Modeling Software 150

Supply Chain Shaman

APRIL 25, 2013

The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. I wanted to better understand which metrics truly mattered. The Metrics That Matter Are Different by Industry Sector. However, as many of you know, I am stubborn.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 257

Supply Chain Insights

AUGUST 19, 2014

This year, we will publish two new books: Supply Chain Metrics That Matter and The Shaman’s Journal. Supply Chain Metrics That Matter will publish in December 2014. The book details what is possible, and at what rate, for metrics improvement based on lessons from leaders. It is a self-published paperback book.

Case Study 169

Case Study Metrics Journal Supply Chain Design 169

AIMMS

MAY 14, 2018

Common causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics across the business, dysfunctional technology and lack of expertise to operate and implement technology. We recently offered a workshop at LogiChem, a chemical industry conference.

S&OP 207

S&OP Supply and Demand Meeting Prescriptive Analytics Software 207

Supply Chain Shaman

JUNE 15, 2018

But how do companies best translate strategy to action? Bandied about terms like best practices and “supply chain leaders” fill the air at supply chain conferences. My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

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. Business Strategy. The flows need to support a common business strategy. The frequency of the plan needs to be common across the organization. Technologies.

S&OP 154

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

Supply Chain Shaman

FEBRUARY 14, 2022

When my flight canceled, I was en route to the annual AMR conference in Phoenix. Organizations can align to drive value despite the allegiance to functional metrics. As long as companies are motivated by functional metrics, inventory management will be an enigma. I give you this evidence in this blog.). Mistake #5. Measurement.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

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

AIMMS

MAY 14, 2018

Common causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics across the business, dysfunctional technology and lack of expertise to operate and implement technology. We recently offered a workshop at LogiChem, a chemical industry conference.

S&OP 156

S&OP Supply and Demand Meeting Scenario Planning 156

Supply Chain Insights

SEPTEMBER 2, 2014

While most companies have been able to make progress in one of these two critical metrics in the period of 2006-2013, they have not been able to make progress on both together. Here are five examples that will be discussed at the conference. Can sharing redefine go-to-market strategies? What is disruption? Digital Printing.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Design 253

Supply Chain Shaman

OCTOBER 11, 2012

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. It is in presentation after presentation.

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

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. With the rise in complexity, most Supply Chain Metrics That Matter are going backwards (inventory turns, ROIC, operating margin and growth). The strategy is to milk maintenance revenues.

Supply Chain Planning Software 150

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

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. The trade-offs are easier and the value network strategies more straightforward. Aligning metrics matters.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 254

Supply Chain Shaman

AUGUST 7, 2019

We draw a timeline on a conference room wall and using customer shipment and compliance data, we plot the issues with customer service and product outages. Recently, I conducted a strategy session was with a major consumer products company selling cosmetics. To complete a supply chain diagnostic, I take these four steps: Step One.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Supply Chain Shaman

MARCH 9, 2020

The answer is to increase modeling, evaluate sourcing strategies, and build the right push/pull decoupling points. Here I share three strategies to consider to eradicate some of the barriers. A low-level employee with one-to-two years of experience will never be successful at the helm of driving a large corporation’s planning strategy.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

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. Business Strategy. The flows need to support a common business strategy. The frequency of the plan needs to be common across the organization. Technologies.

S&OP 152

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 152

Supply Chain Movement

JUNE 29, 2015

The first UK conference to present an holistic view of sustainable procurement and the role of the supply chain in more responsible business and government. The Latest Thinking on Metrics, Reporting & Compliance. Sustainable Purchasing & Supply Summit 2015. Date: 22 September 2015. Venue: QEII Centre, London. The Hackett Group.

Procurement Analytics 60

Procurement Analytics Sustainability Conference Supply Chain Strategy 60