Locus

JULY 24, 2025

Network Optimization (NetOpt): Acted as a digital twin of the supply chain to identify ideal locations for cold storage and manufacturing plants, improving inventory efficiency and reducing holding costs. The model receives feedback from delivery outcomes and continuously improves based on what works best.

Optimal Sourcing

Precoro

JUNE 3, 2025

Definition: Category management is a systematic way to organize and supervise groups of products or services within a company. Category management definition means looking beyond individual purchases. Performance tracking and continuous improvement Procurement category management doesn’t end with a signed contract.

Manufacturing Procurement

Stord

JULY 23, 2025

In the context of e-commerce fulfillment, value means fast, accurate deliveries, reliable inventory availability, and a smooth experience from checkout to delivery. The Lean methodology’s relentless pursuit of efficiency has been proven to improve productivity while reducing costs 2.

Material Savings

Arena Solutions

DECEMBER 17, 2024

We can’t dictate and can’t expect them to have all the same definition of an engineering change process or even what a connection between ERP and PLM or PLM and MES should exactly be for them. It’s in their inventory, but financially, it’s not in their inventory. We’re constantly improving.

Manufacturing Procurement

Supply Chain Shaman

MARCH 28, 2016

While companies want to improve supply chain performance and drive value, it is easier said than done. ” The journey for value requires a clear definition and analysis of what is possible. For many companies, improving results is elusive. We find that companies can improve one, but not two of the metrics.

Pharmaceutical

Supply Chain Shaman

SEPTEMBER 13, 2016

It is clear that new outcomes cannot happen through a focus on traditional continuous improvement programs. The change in front of us will transform the base-level definitions of source, make and deliver. Rethinking Processes: Driving Continuous Improvement at Schneider Electric, Mourad Tamoud.

Supply Chain Planning Software

Supply Chain Shaman

OCTOBER 22, 2015

The names of the technology providers, the process definitions, and the architecture descriptions were a new lexicon. The impact of complexity on inventory is not quick. It is a slow, continued impact that happens week-to-week as complexity increases. Inventory management is a hot issue. This lasted for weeks.

Inventory Reduction

Supply Chain Shaman

MAY 21, 2024

In 2016, we finished a study on continuous improvement. In the study, when we asked for the top elements of business pain to drive continuous improvement for companies greater than 5B$ in annual revenue, as shown in Figure 1, we found the largest issues with cross-functional alignment and availability of talent.

Procurement Analytics

Supply Chain Shaman

FEBRUARY 21, 2016

By definition, the networks and process definitions in the German vision is currently limited to a single factory, but there is a recognition of the need by the committees to interconnect multiple factories across geographical regions.

South Carolina

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies

Supply Chain Shaman

MARCH 27, 2023

Definitions: Oxymoron: The combination of contradictory or incongruous words (such as cruel kindness) Juxtaposition: The act of placing words or concepts close together or side by side, for comparison or contrast. What is the role of inventory? Today’s definition of supply chain planning is my starting point.

Supply Chain Planning Software

Supply Chain Shaman

JANUARY 21, 2014

Slowly the words take definition in everyday speech. Companies are stuck at the intersection of inventory turns and operating margin. They are unable to drive improvements in both. Each role–customer service, sales, procurement, manufacturing–have a different need/definition for the demand signal.

Supply and Demand

Enchange Supply Chain Consultancy

JULY 3, 2024

The dictionary definition of a Catalyst is: An agent that provokes or speeds significant change or action. This phase focuses on ensuring a smooth implementation, ongoing support, and continuous improvement. Track metrics such as sales volume, market share, inventory levels, and customer satisfaction.

Inventory Reduction

Supply Chain Shaman

APRIL 16, 2014

On the 2nd of April, I sat before a board discussing how a company could exceed expectations in the delivery of Return on Invested Capital (ROIC) and superior operating margins and fail at the delivery of customer service and inventory. An Orbit Chart of Customer Service (Case Fill) Versus Inventory Turns.

Supply Chain Design Software

Supply Chain Shaman

AUGUST 14, 2016

Starting With Definitions. To help, I wrote a few definitions on the board: Demand-Driven Processes. A Demand-Driven Value Network as defined by AMR Research in 2007: A network that senses demand with minimal latency to drive a near real-time response to shape and translate demand. Definition of Outside-In Processes.

Material Savings

The Logistics of Logistics

DECEMBER 31, 2012

There are a lot of different definitions for lean, but my favorite is below. Producing earlier or more than is needed generates other wastes, such as overstaffing, storage, and transportation costs because of excess inventory. Inventory can be physical inventory or a queue of information. Excess Inventory.

Waste Reduction

SCMDOJO

DECEMBER 14, 2023

To make things simpler, having a clear lead time definition helps in making sure orders are fulfilled on time and customers are satisfied. With this in mind, we will explore in this blog the definition of Lead Time, its impact, and how mastering it can be your competitive advantage. Cost Savings: Reduction in inventory holding costs.

Inventory Reduction

GlobalTranz

MAY 20, 2015

The US quality guru Joseph Moses Juran (born 1904 in Romania ) divides the supplier quality assurance process into nine steps: definition of the product’s quality requirements, evaluation of alternative suppliers. The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics

Talking Logistics

JULY 27, 2015

Supply chain management spans many functions and processes, including demand planning, sourcing, merchandising, supplier relationship management, inventory management, inbound and outbound transportation, distribution management, and store operations. How much inventory do we have across our network? — Supply Chain Visibility.

Supply Chain Design Software

GlobalTranz

JANUARY 7, 2016

Question number three : Inventory on hand, both finished goods and individual parts, and Inventory Records Accuracy. The MPS is exploded and reads the BOM and Inventory on hand to create make (manufactured) and buy (purchased) components needed to fulfill the MPS. Inventory was not accurate and either were the BOMs, so GIGO.

Manufacturing Procurement

GlobalTranz

JULY 15, 2015

At Cerasis, a core value of ours is continuous improvement for not only our company, our clients, and employees, but through our blog and content to those who are related to what we do (transportation management) in the fields of manufacturing, supply chain, logistics, distribution, and transportation.

Internet of things

Supply Chain Shaman

DECEMBER 17, 2018

Nick strongly believes that it is insufficient to drive supply chain improvement through incrementalism. It is just not enough to do a software upgrade or slowly push continuous improvement projects. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015.

Demand Planning Software

Supply Chain Shaman

MARCH 12, 2014

However, what I observe is continued investment in the automation of enterprise practices. We are busy working on process iterations and continuous improvement programs that I think only inch us towards business transformation. When people use terms loosely, we need to ensure clear definitions. Vendor Managed Inventory.

Supply Chain Planning Software

Precoro

AUGUST 31, 2023

Cost saving is never an “introduce and let it be” process but one requiring continuous improvements. Inventory Adjusting inventory levels can also contribute to cost savings. Is your inventory optimized ? Is it possible to reduce inventory levels without risking the shortage? Do you overstock

Material Savings

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. As I stare at my keyboard, I wonder what would have happened if the dialogue on supply chain improvement, over the last decade, was more data-driven with less vendor hype.

Supply Chain Planning Software

The Network Effect

OCTOBER 3, 2014

Today, in order to accomplish these goals, continuous improvement in global supply chain execution has become a core supply capability required by most automotive OEM’s. As mentioned above, significant effort has been put into guidelines like the MMOG to measure and improve the performance of those capabilities.

Supply Chain Network Software

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. As I stare at my keyboard, I wonder what would have happened if the dialogue on supply chain improvement, over the last decade, was more data-driven with less vendor hype.

Supply Chain Planning Software

Supply Chain Shaman

JUNE 26, 2016

Inventory Turns. Better performance in inventory turns than the peer group average for the period of 2006-2015. Listed in the runners-up category, are companies that met the improvement ranking, but are performing slightly below the industry average for ONE of the performance factors. Operating Margin. IT Standardization.

Supply Chain Design Software

Supply Chain Shaman

NOVEMBER 21, 2018

The industry does not have a definition. Instead, these measurements should be plotted along with these seven parameters of planning to drive continuous improvement. Inventory levels? Slow and obsolete inventory? Five Reasons We Are Not Making Progress on Inventory Management. There are several issues.

Supply Chain Planning Software

GlobalTranz

AUGUST 9, 2016

The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Rather, going beyond customer expectations needs to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels.

Waste Reduction

The Logistics of Logistics

OCTOBER 8, 2012

The relationship will not work without trust and Continuous Improvements through constant communication in your relationship. Yes, I stress partnership and collaboration.

Third Party Logistics

Supply Chain Shaman

AUGUST 3, 2016

Let’s start with a definition. I find five common definitions: Tight Integration of Transactional and Planning Data. Companies with a deep focus on Sales and Operations Planning (S&OP) will often default to this definition. Get Clear on the Definition. This requires continue education. Get Started.

Supply Chain Planning Software

Supply Chain Shaman

JUNE 15, 2018

Most companies, along with consultants, feel that they know the definition of supply chain excellence. 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. Estee made solid improvement in margin, but is losing ground on turns.

Sourcing Strategies

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. This number can then be used as a benchmark for continual improvement, supporting sustainable business growth.

Inventory Reduction

Supply Chain Shaman

MAY 19, 2016

We believe that supply chain excellence is driving improvement while averaging a higher level of performance in the Supply Chain Metrics That Matter. Unfortunately, there is no commonly-held definition of supply chain excellence. Insights on leadership, continuous improvement and talent development for emerging markets.

Gartner

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. Let’s start with a definition. Source: Commerce Dept.

Sourcing Strategies

Logility

FEBRUARY 18, 2020

As a result, we need to agree on some definitions before focusing on the supply chain space. Artificial Intelligence has many useful applications in the supply chain, including: Data analysis and insight creates actionable business intelligence that drives continual improvement. Exhibit A: AI-powered yoga pants.

Supply Chain Planning Software