What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? 10 Different Definitions!

What About Them Apples?

Supply Chain Shaman

In offices across the United Sates, demand planners are scratching their heads. Shifting demand and rising prices for cotton and orange juice. Surprising demand in automotive for car replacement. History is not a good predictor of current demand. Tactical Demand Planning.

A River Runs Through It…

Supply Chain Shaman

It is the river of “demand.” While most companies attempt to shape demand–through promotions, new product launch, pricing, sales incentives and marketing–they confuse demand shaping with demand shifting. A Focus on Demand Flows.

Top 15 Supply Chains to Admire from the Supply Chain Insights Conference

Kinaxis

While other “lists” use ROA, Inventory Turns and Revenue Growth, I find Lora’s science very objective. She is analyzing growth, inventory turns, operating margin, and return on invested capital, performance and improvement over time. . “

Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

They tend to have many pretty PowerPoint slide decks–full of acronyms, pretty pictures and E2E commitments–but they lack a common definition of supply chain excellence. inventory turns. for inventory turns define best-in-class performance? July is my birthday month.

Supply Chain Shaman - Untitled Article

Supply Chain Shaman

Recently, I spoke on the future of supply chain management at the University of Tennessee Supply Chain Forum. It is a privately-held textile company that successfully navigated the global sourcing/labor arbitrage mania of the last decade and managed to maintain a significant presence in the United States. For him this meant growing top-line revenue with less supply chain inventory. – Have a relentless focus on execution (project management).

For Every Tom, Dick, and Harry

Supply Chain Shaman

I asked if he had read my article, Have You Given Your Demand Planner Some Love Today? We discussed a marketing campaign to give the demand planners some love. We discussed the different paradigms of Tom’s three managers over the past five years.

Not the Jetsons: 10 Use Cases for Cognitive Learning in Supply Chain

Supply Chain Shaman

Last week, I was having breakfast with a CEO of a leading software supply chain management company. While the solutions are sourced from the same provider, each has a different data definition. Automation of Master Data Management and the Replacement of Data Standards.

The Fight of the Titans

Supply Chain Shaman

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Most companies, along with consultants, feel that they know the definition of supply chain excellence.

What Value Are You Getting From Planning?

Supply Chain Shaman

The industry does not have a definition. Operations complexity coupled with the rise in demand volatility increases corporate risk. Additionally t he move from regional to global supply chain management decreased visibility. Inventory levels? Slow and obsolete inventory?

Please Tell Me HOW

Supply Chain Shaman

If it is possible, I would like to use some of the info for a presentation I will deliver in a couple of weeks to the General Management. Build the end-to-end supply chain based on a well-defined supply chain strategy with a clear definition for each of these horizontal processes.

Yowza! A Nine-Step Decision Process to Help Guide Supply Chain Planning Selection

Supply Chain Shaman

Similarly for demand planning, understand the level of intermittent demand, the characteristics of trade promotions/rebates and price, and the impact of the long tail. Here is an example of demand analysis from a recent client. When you hear a term ask for clarity and definition.

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background.

No Easter Bunny?

Supply Chain Shaman

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. Orders do not represent market demand.

My Take: E2open Buys Terra Technology

Supply Chain Shaman

The product naming convention changed to Demand Sensing (DS) in 2005. Over the last decade the use of Terra Technology’s DS product improved short-term demand forecasts by 37% at 13 consumer products, and food and beverage companies. It is time to build multi-tier demand networks.

Where, Oh Where Should Demand Planning Go?

Supply Chain Nation

Now that we’ve established that forecasting is important , you know what your demand planning organization is going to do and how you plan to structure it , here we’ll address where to put it. Demand planning can work well within a number of organizations as long as they can be incented, connected appropriately and can manage the group well. Analytical: The degree to which the organization is able to attract and manage a group of analytical people, and grow its capability.

Glen Raven Meets Their Goals Through a Successful Deployment of Advanced Planning

Supply Chain Shaman

Recently, I spoke on the future of supply chain management at the University of Tennessee Supply Chain Forum. For him, this meant growing top-line revenue with less supply chain inventory. The business grew with the same levels of inventory, and improved service levels.