Supply Chain Shaman

JUNE 7, 2021

I did not think that anyone had a clear definition of supply chain excellence. A forum was great for networking but not for driving process innovation. I argued for industry collaboration to define and drive process innovation. My goal was to have AMR drive process innovation as a business model. I disagreed.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Supply Chain Shaman

JULY 22, 2019

In the research, I’m trying to understand the impact of choices—technology, process innovation, and leadership– on balance sheet performance. Companies performing the best have three characteristics: Business Model Innovation. Companies with traditional definitions of marketing and sales struggle to beat the competition.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 254

DELMIA Quintiq

MAY 17, 2022

Thanks to constant industry innovation, Integrated Business Planning (IBP) is now also becoming a common topic of conversation. Unfortunately, the definitions of S&OP and IBP are often confusing as they seem to be both distinct and overlapping processes. There’s a clue in the name. Still confused? We’d love to hear your questions.

S&OP 156

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 156

Supply Chain Shaman

FEBRUARY 14, 2022

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels. Industries carried on average 32 days more inventory in 2020 than in 2007.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

JUNE 7, 2018

Definitions: Provocateur. It starts with the lack of a clear definition. Or agreement on the definition of supply chain excellence. Sometimes, even the definition of a supply chain is not clear. Instead of pushing innovation forward, I see companies using the term “digital” as a path for IT spending. I am tired.

Supply Chain Planning Software 230

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 230

PINC

AUGUST 3, 2020

and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. To fill these gaps, a growing number of companies operating in the consumer sector have adopted the “on-time in-full” (OTIF) delivery metric. McKinsey & Co., What is OTIF?

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Supply Chain Shaman

NOVEMBER 21, 2017

Innovative startups. Artificial Intelligence innovators. This includes the definition of spare part requirements, maintenance outages, and production planning. Drones in warehouses using machine learning for real-time inventory and self-driving vehicles are transforming logistics. Innovators are looking for buyers.

Supply Chain Planning Software 152

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 152

Supply Chain Shaman

MARCH 28, 2016

” The journey for value requires a clear definition and analysis of what is possible. 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.

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. As a result, supply chain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance. Companies balance supply chain metrics better in good times than bad.

Inventory Reduction 158

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 158

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. As shown in Figure 1, at a recent client engagement, there is a strong and clear process definition of the budget process and the lack of clarity and discipline in the demand flows for the supply chain. Time horizon.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

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. Figure 1: Supply Chain Metrics Are a Balancing Act. improvements.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Supply Chain Shaman

AUGUST 2, 2017

What needs to be the same : Common Definition of Time Horizons. Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. There needs to be a common definition of supply chain excellence. Cycle Frequency.

S&OP 155

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 155

Supply Chain Shaman

DECEMBER 23, 2014

Get Good at Having a Real-time Perpetual Inventory Signal. Foundational for ecommerce is a real-time perpetual inventory (PI) signal. If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. No matter where inventory is, put it to work. Don’t fool yourself.

Packaging 291

Packaging Inventory Reduction Supply Chain Design Software San Francisco 291

Supply Chain Shaman

AUGUST 2, 2017

The definition is different by company. What needs to be the same : Common Definition of Time Horizons. Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. Form and Function of Inventory.

S&OP 152

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

SCMDOJO

FEBRUARY 20, 2023

To get ahead in today’s competitive marketplace, distributors must remain on the cutting edge of innovation and stay up-to-date on new developments. Distribution Operations Definition Distribution Operations refers to the management and execution of the processes involved in delivering products or services to end users.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

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. Specifically, I will focus on the lack of clear definition of control tower, cognitive computing, connected planning, and concurrent planning. Control Tower.

Supply Chain Planning Software 169

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 169

Supply Chain Shaman

MAY 2, 2016

We also see that manufacturing companies with a strong dependency on BPO are less agile and rate themselves lower on innovation. In parallel, the traditional software vendors are struggling with the Innovators Dilemma. The fast lane to innovation is with new start-ups. Software maintenance costs are rising for the CIO.

Supply Chain Planning Software 150

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

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. Specifically, I will focus on the lack of clear market definitions of the terms control tower, cognitive computing, connected planning, and concurrent planning.

Supply Chain Planning Software 155

Supply Chain Planning Software Modeling Software Modeling Analytics Software 155

EazyStock

OCTOBER 10, 2018

Companies are using big data to change the way they monitor product performance, research, develop and innovate. Big data feeds insights to MDM, and MDM feeds big data with master data definitions. This information may include inventory levels, customer information, sales and other basic data that can be moved onto one file.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

Supply Chain Shaman

JUNE 26, 2017

Amazon’s because of their breath in physical and digital supply chain, innovation in material handling, transportation, etc and their vision completely disrupting the industry. They are competitive, but there is no standard definition. This year-over-year comparison, enables visualization of performance on two metrics.

Sourcing Strategies 152

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

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. For clarity, the definitions are: -Strategic Planning: The frequency is either monthly or quarterly and the focus is on long-term planning. Metrics Alignment. They lack cohesion. Many are not.

Supply Chain Planning Software 281

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 281

Supply Chain Shaman

AUGUST 7, 2019

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. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.

Supply Chain Design Software 252

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 252

Logistics Viewpoints

OCTOBER 7, 2022

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Walmart to buy Alert Innovation. The goal is to reduce or avoid one billion metric tons (a gigaton) of greenhouse gasses from the global value chain by 2030.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. 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. It is a slow week.

Supply Chain Design Software 280

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 280

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 decline in inventory turns uses cash. I pulled up my covers to go to sleep four hours later. My question is, “Why?”

Supply Chain Design Software 195

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

Supply Chain Shaman

MAY 21, 2013

Most care providers are working to get physician and clinical alignment to focus on the right balance of standardization, product utilization, and innovation. Accept the definitions of processes and relationships of the industry. Limit your focus to the current definitions within the hospital or supplier organizations.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

Oracle SCM

AUGUST 1, 2018

Nevertheless, I like the definition. I would categorize our mission and value to be directly in line with the Gartner definition for E2ESCV so, today we would have been a visibility and collaboration solution vendor. As with any project, definition of the objective (usually based on ROI) is the starting point.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Supply Chain Shaman

JULY 8, 2013

2) Bias to Innovate. Six years ago, the Kimberly-Clark team was an innovator in the use of RFID. In the Supply Chain Metrics that Matter table, we can clearly see that “operating margin” and “inventory turns” matter to public financial performance. I cannot give you a definitive number.

Supply and Demand 215

Supply and Demand Demand Planning Software Modeling Supply Chain Planning Software 215

AB&R

MARCH 4, 2022

This article originally appeared on Definitive Technology Group (DTG)’s blog. Warehouse receiving impacts all aspects of operations, from inventory management to logistics. Inaccurate inventory data. Overstocked items are expensive to store and increase inventory carrying costs. Poor facility layout. Conclusion.

Waste Reduction 52

Waste Reduction Inventory Reduction Warehousing Six Sigma 52

EMERGE App

JANUARY 13, 2021

One of the crucial elements of running any business is how effectively one can monitor its inventory. Over the years, numerous tools and ratios have come up to assist managers track their inventory. One such ratio is Days Inventory Outstanding (DIO). Calculating Days Inventory Outstanding: . Ending Inventory- $1,000,000.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Material Savings 52

SCMDOJO

JULY 24, 2023

In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

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. However, standing still and sticking to old dogma’s, not innovate, come up with new ideas and envision a better supply chain planning future is not an option for me.

Supply Chain Planning Software 78

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

Supply Chain Opz

JANUARY 3, 2022

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. Chapter 2 will introduce you to the on-time, in full metric. The links below are paid links. Best Logistics Book for Beginners: 1.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Unleashed

MARCH 31, 2021

You’ll see that the KPIs in both supply chain management and logistics are very similar, in that they often track the movement or storage of inventory. A lean business looking to build efficiencies would do well to try and improve this metric. Inventory days of supply. Inventory days of supply. Inventory turnover.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Supply Chain Shaman

JANUARY 13, 2013

However, the conditions were more complex; the average company, over the last ten years, experienced a decline of 1% in operating margin, and an increase in the days of inventory of 5%. The traditional definition of supply chain planning was data intensive and insight poor. Vendors are consolidating and innovation is largely absent.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 209

Supply Chain Shaman

NOVEMBER 1, 2015

Leaders will work with technology innovators to build the network of networks ensuring interoperability between networks. Let’s start with a definition. By definition, it is not outside-in. The issue is that costs need to be continually balanced with customer service, and inventory programs against a business strategy.

Supply Chain Planning Software 150

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

Supply Chain Shaman

JUNE 21, 2014

While innovation has slowed in Enterprise Resource Plannning (ERP) and Supply Chain Planning, I am bullish about some of the innovation coming from the supply chain network design technology providers like JDA, Llamasoft and Solvoyo. Service level is our most important metric. Reliability in both of these metrics is critical.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282