GlobalTranz

JANUARY 7, 2016

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?

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

SCMDOJO

JUNE 6, 2023

To improve operations and stay ahead of the competition, many distributors are turning to assessment tools to evaluate performance and identify areas for improvement. Efficiently managing inventory is crucial for maintaining optimal cash flow and meeting customer service expectations.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 94

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. Historically, the traditional supply chain focused on improving costs. While companies want to improve supply chain performance and drive value, it is easier said than done. For many companies, improving results is elusive. The reason?

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

The Logistics of Logistics

DECEMBER 31, 2012

The concept of lean (and the 8 wastes) originated in the manufacturing sector where it was first recognized that eliminating waste in the system led to much bigger profits. There are a lot of different definitions for lean, but my favorite is below. Inventory can be physical inventory or a queue of information.

Waste Reduction 157

Waste Reduction Agile and Lean Supply Chain Lean Inventory Reduction 157

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. For the translation of a purchase of Aleve at a retail outlet store to Bayer, the manufacturer is 60 days. Pauses are awkward. It takes time.

Supply and Demand 317

Supply and Demand Modeling Demand Planning Software Forecasting 317

Supply Chain Shaman

NOVEMBER 1, 2015

Let’s start with a definition. By definition, it is not outside-in. Within manufacturing companies, with business process outsourcing, as the number of supply chain leaders decreased , power shifted to financial teams. Figure 3: Continuous Improvement Programs. My take away? Let me explain. ERP is inside-in.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 150

Supply Chain Shaman

JANUARY 19, 2014

The definition of a trap is something designed to catch a person or animal, either figuratively or literally. Their supply chains are not improving corporate performance. They struggle to manage the supply chain as a complex system and power improvement on the Effective Frontier (shown below). What does that mean?

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 278

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 178

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 178

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 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

Supply Chain Shaman

NOVEMBER 21, 2018

The industry does not have a definition. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. If the carrier does not accept the freight, the manufacturer loses time in moving the freight and is often forced to go to the open market to source freight.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

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 279

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 279

synchrono

NOVEMBER 6, 2017

Many of our customers don’t start out looking to implement Demand-Driven Manufacturing per se. Often, they’re focused on Lean Manufacturing or at least some element of it. However, at some point in the conversation, they will inevitably ask, “Is Demand-Driven Manufacturing the same thing as Lean Manufacturing?”.

Agile and Lean Supply Chain 39

Agile and Lean Supply Chain Lean Demand Planning Software Supply and Demand 39

Supply Chain Shaman

MAY 21, 2013

Medical Device Manufacturer. While hospital supply chain organizations have made progress in the last decade, the gap has widened between the supplier sectors of pharmaceuticals and medical device manufacturers and other manufacturing industries. Accept the definitions of processes and relationships of the industry.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

QAD

MAY 16, 2019

The assessment also establishes a common definition of supply chain management processes to help organizations: Determine the robustness of existing internal processes. Facilitate continuous improvement. A deeper alignment between strategies, objectives and continual improvement. Benchmark supply chain operations.

Supply Chain Planning Software 102

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 102

Supply Chain Shaman

MARCH 3, 2018

I find most of them focus on improving the status quo and selling large system projects. Their focus is on continuous improvement of current processes. I define the digital supply chain as “rethinking the atoms and electrons of the supply chain to improve value.” So what to do? ” This takes many forms.

Supply Chain Design Software 151

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 151

Supply Chain Shaman

JULY 5, 2016

Even though the supply chain today is not dead, it is definitely stuck in neutral and going backwards. Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. P&G’s rate of improvement on the Metrics That Matter was lower than the peer group.

Supply Chain Planning Software 150

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Industrial 150

Supply Chain Shaman

APRIL 7, 2016

In this post my goal is to help companies build outside-in processes through a clearer definition. I am a manufacturing gal by training. It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. This outside-in orientation needs a definition to make it actionable.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

ShipBob

OCTOBER 1, 2021

During the first wave of the COVID-19 pandemic , ecommerce businesses quickly discovered that their supply chains were not agile enough to keep up with sudden spikes in demand or major delays from manufacturers, carriers, or even at ports. Reduce inventory waste. 6 tips for lean supply chain management.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

synchrono

AUGUST 22, 2016

The two areas of my working world are embracing technology like never before: Marketing and manufacturing. As mentioned earlier, modern manufacturing concepts like The Factory of the Future, Smart Manufacturing and Industry 4.0 are based on Demand-Driven Manufacturing methods and enabled by a more digitally connected enterprise.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

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. Digital Manufacturing.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Gartner 309

Supply Chain Shaman

JULY 22, 2016

As companies and teams mature, the definition of the word “flow” changes. The Maturity Model of Flow Definitions within Supply Chain Management. The automotive manufacturer had a surplus of green vehicles that no one wanted. The automotive manufacturer had a surplus of green vehicles that no one wanted.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. Let’s get started with definitions, differences and benefits. To address these challenges, supply chain professionals must adopt advanced forecasting methods. What is Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

GlobalTranz

MAY 20, 2015

We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. 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. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Logility

AUGUST 30, 2016

We try to measure “better-faster-cheaper” by developing indexes based on margin, asset efficiency, inventory turns, supply chain cost as a percentage of sales, or growth. We use this relative positioning to derive high-value improvement initiatives that will lead us up the maturity curve.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Vendor Strategies Cost Reduction Strategies 100

Logility

AUGUST 30, 2016

We try to measure “better-faster-cheaper” by developing indexes based on margin, asset efficiency, inventory turns, supply chain cost as a percentage of sales, or growth. We use this relative positioning to derive high-value improvement initiatives that will lead us up the maturity curve.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Vendor Strategies Cost Reduction Strategies 100

Supply Chain Game Changer

NOVEMBER 7, 2018

10 Different Definitions! I prefer the simpler definition provided by the RLA. What it meant was that the company had not spent any time to develop better forecasting, planning, and inventory management systems and processes. 10 Different Definitions! Subscribe Here! Email Address. I’d never heard of such a thing.

Reverse Logistics 60

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 60

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Short cycles require buffer inventories and short lead times. Let me explain.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Shaman

OCTOBER 22, 2015

I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. I was moving from the world of manufacturing to a new world of software. The technology world moves at a quicker pace than the world of manufacturing and distribution.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Inventory Supply Chain Planning Software 150

synchrono

AUGUST 6, 2018

Manufacturing productivity is a useful metric for measuring the health of manufacturing at a national or global level because it tells us something about whether our factories, in general, are working or sitting idle. What is Manufacturing Productivity? At a macro level, manufacturing productivity has been increasing for years.

Metrics 40

Metrics Manufacturing Lean Continuous Improvement 40

ThroughPut

MARCH 11, 2024

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. What is Manufacturing Operations Management Software?

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Handbook 52

FLEXE

APRIL 6, 2017

For the supply chain, the definition of “bimodal” is parallel to project management. It wasn’t until the 1990s that it was disrupted by “lean manufacturing” methodologies designed to improve internal operations and eliminate waste throughout the production cycle. Lean manufacturing has remained a perpetual improvement process.

Gartner 39

Gartner Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software 39

Supply Chain Trend

DECEMBER 22, 2023

Introducing Intelligent IBP Let’s start with a definition. This definition should become clear once you go through the principles. The launch of a Decision Intelligence (DI) definition by Gartner later in 2022 further cemented my believe that this new discipline will become mainstream.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

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 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

Unleashed

OCTOBER 23, 2023

Efficiency in manufacturing comes from having the right preparation and the most cost-effective processes in your arsenal. It describes how goods will be manufactured, the expected demand for those goods, and any production requirements such as materials or labour. The first step in achieving these aims is called production planning.

Waste Reduction 98

Waste Reduction Resource Reduction Inventory Reduction Material Savings 98

Infosys Supply Chain Management

SEPTEMBER 30, 2015

When we look at asset intensive organizations, most of these firms would want to stick to their area of expertise i.e. manufacturing/producing products of value. When we look at asset intensive organizations, most of these firms would want to stick to their area of expertise i.e. manufacturing/producing products of value.

Optimal Sourcing 20

Optimal Sourcing Modeling Software Manufacturing Procurement Resource Reduction 20

Elementum

FEBRUARY 7, 2024

Advances in technology drive the automation and continuous improvement of business workflows. This section will explore the definition of a digital process and trace the journey of digital transformation through history. Key Takeaways Digital processes enhance business agility and operational efficiency.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Supply Chain Shaman

JULY 8, 2019

Each leader had a very different definition of S&OP. As part of the 7% of manufacturers attempting to use cognitive computing for demand planning, he shared, “Lora, the magic is not in the new technology. Many have wrongly implemented demand planning as technology versus opening a pathway to drive continuous improvement.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply and Demand S&OP 193