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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? I observe that organizations are unclear on outcomes and the definition of supply chain excellence. Supply chain excellence should be about driving value.

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Reflection: The Journey to be Market Driven

Supply Chain Shaman

Based on the modeling completed with help from the IYSE group at Georgia Tech, we found that while a focus on operating margin, revenue/employee and ROCE can drive 73% of market capitalization/employee, while a focus on cost of goods reduces value. Here I share three examples from very different industries. Why would I do this?

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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. For example, a cost improvement in one function could raise the costs in another. They do not excel in planning or forecasting. What Drives Value?

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Preparing to Run Supply Chains at the End of the Second Global Economy

Supply Chain Shaman

In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. If you, like most, are running your supply chain based on ERP and Excel spreadsheet data, you are not prepared. – Technology Evolution Outpaced Adoption. No one knows. What to do?

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Necessity is the Mother of Innovation

Logility

The Coca-Cola Company and Georgia Institute of Technology are working together to turn plastic sheeting into more than 50,000 plastic surgical shields. In a much broader context, the byproduct of this work will be lasting innovation that informs design, production and distribution excellence for years. For example, why is the U.S.

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How To Jump

Supply Chain Shaman

For example, inflationary costs, lead time variability, conversion rates, etc.) Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams? Demand latency is the time to translate the purchase in the channel to an order.)

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Five Predictions (About Prediction) that Every Procurement Professional Should Consider

Supply Chain View from the Field

I am speaking at the Zycus Horizons conference this week, being held at the Reynolds Plantation in Georgia. Other indicators included data pulled from the Federal Reserve economic database, the Producer Price Index, the Purchasing Managers Index, as well as internal metrics such as the size of the company’s own sales force.