Supply Chain Shaman

JUNE 28, 2020

On Thursday morning, I began an engagement with a food manufacturer attempting to drive “Supply Chain 2.0. I am sharing an example of three industries moving backward on margin and inventory turns. Industry Averages for Food Manufacturers for the Period of 2010-2019. Traditional marketing programs chase product innovation.

Cost Reduction Strategies 418

Cost Reduction Strategies Inventory Reduction Supply Chain Design Software Modeling 418

Intelligent Audit

OCTOBER 4, 2022

From contractor controversies to rising fuel costs, logistics professionals across the transportation industry are turning to innovative solutions to persistent problems. Leading Food Corporation Allocates $50 Million Toward Sustainable Corn Syrup Plant. FRONTdoor Collective Provides Fresh Thinking Amid Contractor Controversy.

Innovation 52

Innovation Negotiating Skills Los Angeles Supply Chain Planning Software 52

Logistics Viewpoints

SEPTEMBER 4, 2023

Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement. Simmons Foods Simmons Foods is a farm to fork poultry manufacturer. They are a leading supplier of poultry, pet food and animal nutrition products based in Siloam Springs, Arkansas in the US.

Procurement Solutions 203

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 203

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow. Technology invention is happening, but the translation to innovation is slow.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Continued Innovation even Amidst the Pandemic. This investment in equipping employees with future ready skillsets has put the organization in good stride to tackle the challenges brought on by COVID-19; allowing Schenker to accelerate investments and efforts in innovation even as many other organizations are struggling to stay afloat.

Singapore 246

Singapore Logistics Network Optimization Software Supply Chain Design Software Waste Reduction 246

ThroughPut

MARCH 15, 2024

For example, what is the overall workflow? For example, a mislabeled product category can lead to a 10% inefficiency in demand forecasting. Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. For example, top reasons why ThroughPut.ai Or did it improve margins by 7%?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

For example, what is the overall workflow? For example, a mislabeled product category can lead to a 10% inefficiency in demand forecasting. Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. For example, top reasons why ThroughPut.ai Or did it improve margins by 7%?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

Supply Chain Shaman

MARCH 28, 2016

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. Teams struggle to drive improvement in both metrics at the same time. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

QAD

JANUARY 6, 2022

In its 2021 survey, Deloitte once again affirmed the fact that more digitally mature businesses outperform industry averages on a variety of financial metrics. The authors refer to the bounty of benefits that accrue from digital maturity. And we couldn’t agree more. Digitally Mature Manufacturing: Bickford’s.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 93

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. food retail industry loses an estimated. $15-$20

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Enterra Insights

MARCH 30, 2022

As a result, there are few relationships more important for the well-being of modern humans than the one between consumers and the grocery stores from which they obtain their food. For example, in the early stages of the pandemic, consumers bought many more cleaning products and shelf-stable foodstuffs than normal. ”[1].

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

Enterra Insights

SEPTEMBER 16, 2019

performance-based metrics. When measured against these two dimensions, Bateman and Bonanni assert companies fall into one of four stages: Majority; Early Majority; Early Adopter; or Innovator. Only Innovators are ready to share information about raw materials suppliers.” Transparency milestones include: codes of conduct.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

Elementum

JANUARY 16, 2024

By utilizing technology to automate complex business processes—such as production, employee onboarding, and customer service—companies can enhance productivity, efficiency, and promote innovation. Regularly reevaluate your processes, tools, and performance metrics, and make adjustments as needed to maximize efficiency and effectiveness.

Supply Chain Software 78

Supply Chain Software Cost Reduction Strategies Resource Reduction Inventory Reduction 78

Kinaxis

MAY 24, 2018

Fostering innovation through employee engagement. Ana Dzura of Unilever talked about how her organization established a “Digifund” to drive innovation at the grassroots level. Global thinker, columnist, @CNN host @FareedZakaria speaking on #innovation at #GartnerSCC pic.twitter.com/gtpxbRjRpb. Kinaxis (@Kinaxis) May 15, 2018.

Gartner 111

Gartner Supply Chain Execution Conference Supply Chain Planning Software 111

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Food Drive-Thru Experiences. The Sleep Number’s Innovation Timeline for Supply Chain Redefinition. Innovation runs deep through the Sleep Number timeline shown in Figure 4. Wrong Stuff.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Precoro

MARCH 31, 2023

Examples of its adverse effects include increased frequency and severity of natural disasters, rising sea levels, loss of biodiversity, damage to infrastructure and homes, food insecurity, water shortages, and increased rates of respiratory illness and heat-related illnesses.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Unleashed

JANUARY 29, 2024

Here are three examples of SKU rationalisation in practice: A clothing retailer decides to reduce the number of colours, sizes, and styles of its products based on sales data and customer feedback. A food and beverage company decides to streamline its product portfolio, based on the nutritional value and environmental impact of its products.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Shaman

MAY 30, 2017

Mediocre food served in plastic containers. Alternatively, I could order food through a local service–Grub Hub or Caviar–which is also served in plastic containers. Let me give you an example. Where Will Innovation Come From? Instead, the format would be “grab and go.” Too Many Talking Heads. Too Few Facts.

San Francisco 152

San Francisco Supply Chain Planning Software Forecasting Software San Jose 152

Supply Chain Shaman

JANUARY 14, 2013

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. The example that I give in the first post is the focus of manufacturing strategies to drive strong results to improve Return on Assets (ROA) that have actually caused a deterioration in operating margin.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 259

Talking Logistics

AUGUST 27, 2018

From May 2016 through the end of August 2017, “17 CEOs of public Big Food manufacturers and retailers had departed, or announced their intention to,” according to an article published last September in Fortune. Courage has never been more important in this market that we face,” said Tham. How to Build Trust with CPGs and Suppliers.

Agile and Lean Supply Chain 101

Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 101

Supply Chain Shaman

FEBRUARY 27, 2020

I think one of the huge problems is that US-centric food companies (Kellogg, General Mills, Smucker’s, Conagra etc.) Let me give you an example. Here is an example as applied to supply chain planning: Table 2. Rules, engines, policies and metrics need to align. Visualization. Visualization of an Answer. Questions Asked.

Analytics Software 238

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 238

Bristlecone

AUGUST 17, 2020

Someone still has to produce cars; develop real estate and build homes; manufacture carpets, faucets and tile; process food items; produce movies; etc. For example, an automobile company may also emerge as a potential car rental company or cab aggregator, but they have to continue to manufacture cars, right? Technology is available.

Optimal Sourcing 98

Optimal Sourcing Modeling Scenario Planning Manufacturing Procurement 98

Talking Logistics

APRIL 12, 2017

As I wrote last June, investments are rising in Supply Chain Operating Networks and Descartes is a prime example of this trend in action — a trend that I predict will continue to gain momentum in the months and years ahead. Business Intelligence, Analytics, Artificial Intelligence: We’re in the middle of an evolution here.

Supply Chain Planning Software 114

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 114

Supply Chain Shaman

FEBRUARY 22, 2015

The more that I work on supply chain metrics, the more that I believe that both the SCOR model and the Gartner Hierarchy of Supply Chain Metrics (which I worked on for the period of 2006-2010) reward functional, not end-to-end supply chain behavior. Let’s take an example. Why do I do this? I look forward to your feedback.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

RELEX Solutions

JANUARY 15, 2019

In developed countries, the food wastage resulting from poor supply chain operations contribute greatly to the 2.9 trillion pounds of food that goes to waste each year globally. Technology can help food retailers prevent both food wastage and revenue loss by cutting stock levels by up to 30% and reducing fresh spoilage by up to 40%.

Waste Reduction 28

Waste Reduction Modeling Supply and Demand Supply Chain Planning Software 28

Supply Chain Shaman

AUGUST 7, 2019

The company is a food and beverage company. Let’s take an example. In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. Let me give you an example. What do you think?

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

ShipBob

JANUARY 23, 2023

An example of a last-mile carrier is Amazon, who has increased their last-mile efforts in order to increase delivery speed and in turn, customer satisfaction. For example, industry leading pet supplement brand, PetLab Co. The goal of a last mile carrier is to deliver the item as quickly and cost-effectively as possible.

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

Unleashed

AUGUST 18, 2021

Rather than letting returns harm their business, manufacturers and retailers who are innovative and have efficient processes in place can benefit from reverse logistics. 3 examples) What are the challenges of reverse logistics? 3 examples) 1. What steps make up the reverse logistics process? Why is reverse logistics important?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Unleashed

JANUARY 24, 2022

MRO inventory includes the equipment, tools and consumables that don’t go into a finished product but which you need to run a business MRO inventory examples MRO inventory includes consumables such as cleaning supplies, safety equipment, office supplies, tools, and spare parts. Conduct regular audits of equipment and processes.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Supply Chain Game Changer

NOVEMBER 23, 2018

It is a feast of epic proportions, and there’s a spread of food big enough to feed Coxey’s Army (as my Grandmother always says). If we can draw a comparison between Thanksgiving dinners and procurement, they are essentially an every day example of why supplier quality management is important. Innovation. What is SQM? .

Quality 42

Quality Cost Reduction Strategies Resource Reduction Vendor Strategies 42

Supply Chain Shaman

FEBRUARY 12, 2017

With more than 90 years of innovation in diabetes care, Novo Nordisk is a global pharmaceutical leader. We are not as mature as CPG or Food/Beverage. The sessions are open to all innovators. The logo to the left showcases the evolution of the brand over time.) For an overview of the work, check out this call to action.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

Logistics Bureau

SEPTEMBER 3, 2017

US food company Sysco offered an example when eyeing joint operations with U.S. Foods a few years ago. Insights and innovation. Long-term collaborative partnerships are often the most innovative way to develop processes to decrease costs and increase value for each enterprise. Business continuity. Compatible goals.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

6 River Systems

JUNE 29, 2020

Consumer demand across many product categories experienced a sudden shift, as well, with demand for essential products like food, cough medicine, disposable gloves and toiletries increasing sharply, while demand for non-essentials like clothing and jewelry declined sharply. Get to know your potential suppliers.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Logistics Bureau

MAY 4, 2016

To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics. From this understanding, supply chain metrics will then ideally be: A few essential measurements that cover all the strategic aspects of the supply chain. Financial metrics to indicate profitability.

Supply Chain Performance 40

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 40

Talking Logistics

JULY 2, 2014

While all of these technologies play an important role in fleet management operations, it’s clear from the investments Roadnet is making, and the comments I heard from customers (I moderated a panel discussion with executives from JJ Foods, Stricycle, and Bob’s Discount Furniture), that mobile and BI/analytics are top priorities.

Conference 144

Conference Optimization Software Supply Chain Design Software Analytics Software 144

Logistics Bureau

SEPTEMBER 3, 2017

US food company Sysco offered an example when eyeing joint operations with U.S. Foods a few years ago. Insights and innovation. Long-term collaborative partnerships are often the most innovative way to develop processes to decrease costs and increase value for each enterprise. Business continuity. Compatible goals.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

RFgen

APRIL 20, 2023

Overview of Mobile Inventory Solutions for Oracle Cloud SCM While Oracle Cloud SCM is an innovative, next-gen ERP platform, getting maximum value from it requires mobile inventory management. Mobile inventory solutions use a combination of mobile devices, barcode scanning, and software to automate manual processes.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52