Supply Chain Shaman
MARCH 21, 2024
The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. In my forty years of studying supply chain planning, the groups became larger, but with questionable results.
Supply Chain Shaman
SEPTEMBER 13, 2021
In Figure 1, I show a Miro board activity that I like to do with groups. Bring up a parallel demand management solution using market data (point of sale, distributor data, and market indicators) and look for trends. Make this demand management an operational desktop tool and don’t tie it into traditional IT systems.
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Supply Chain View from the Field
APRIL 1, 2015
Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.
Supply Chain Shaman
JUNE 15, 2018
Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio. For this story, I have grouped like competitors together. The supply chain is a complex non-linear system. improvements.
Supply Chain Shaman
OCTOBER 8, 2017
” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I do believe in demand planning, but most companies overstate forecast improvements. I also worked in manufacturing during the period of 1978-1992 trying to plan demand. Everyone has a bias.
Supply Chain Shaman
AUGUST 7, 2019
To accomplish this goal, I ask a cross-functional group to audit the past year. As a group, we drill into root issues. Many times useful data exists in marketing or sales groups, but is not shared with the supply chain team. Build an industry peer group and gain insights on major trends. Ask the group what is possible?
Supply Chain Shaman
JUNE 28, 2020
Management of Complexity. Kudos to Rob Byrne, this remains one of the best pieces published in the industry on demand management practices.) Shift functional metrics to focus on reliability. Here is a teaser: only 4% of companies drove improvement faster than peer group and outperformed in their sector.
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