Remove Eliminating Excel in Purchasing Remove Government Remove Inventory Remove Strategy
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What Does Good Look Like S&OP?

Supply Chain Shaman

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Governance. Most companies buy decision support technology, but do not redefine work to improve decisions. Holistic design of the form and function of inventory with a focus on setting inventory targets for each flow.

S&OP 324
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16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Despite spending 1.1% Alignment Barriers.

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L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Orbit Chart for L’Oréal at the Intersection of Inventory Turns and Operating Margin.

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Do Digital Your Way. Sidestep the Supply Chain Conquistadors

Supply Chain Shaman

In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. I know, a head-scratcher.

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Untangling The Tangled Web We Weave

Supply Chain Shaman

Craft and execute strategies? This was before the split of Kraft into Mondelēz and Heinz, at the beginning of the implementation of Kraft’s global supply chain strategy. (He I was working on a report on the Multi-Enterprise Inventory Management (often termed MEIO) and I challenged Pete. What defines supply chain excellence?

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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Mistake #3. My challenge?

S&OP 195