Remove Definition Remove Innovation Remove Inventory Remove Sourcing
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Supply Chain Resilience. Really?

Supply Chain Shaman

We are not clear on definition. Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. I am currently doing research on inventory management.

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Side-step Oxymorons to Make Progress in Planning

Supply Chain Shaman

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. True innovation is never defined initially by a mandatory Return on Investment (ROI).) What is the role of inventory?

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Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

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The Dance With AI

Supply Chain Shaman

While teams wave their hands and talk digital, I find digital projects ideas lack definition, clarity of process, and success. So where will the innovation come from? New start-ups and business innovators will spark new projects and ideas. Let’s start with a clear definition. Can we supercharge this? I think maybe.

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Driving An Octopus

Supply Chain Shaman

Each box has an optimizer that drives output from a model based on a functional definition using enterprise data. Companies need a planning solution to analyze the trade-offs between make, source, and deliver. A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. I term this bi-directional orchestration.

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When We Don’t Have Answers, We Need to Work Quickly To Build Them

Supply Chain Shaman

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. The end result? The reason?

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When We Don’t Have Answers, We Need to Work Quickly To Build Them

Supply Chain Shaman

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. The end result? The reason?