Supply Chain Shaman

DECEMBER 28, 2020

Let me make my point by sharing some financial data using client examples from the last decade. The first story is about a large regional food manufacturer. An example for this client would be to use 2017 and 2018 history to forecast 2019. The second story is about a regional beverage manufacturer. The answer?

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Let’s take P&G as an example. A Case Study.

Procurement Analytics 369

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 369

Logistics Viewpoints

MARCH 3, 2025

What Celanese has accomplished is the single best example ARC is aware of employing agentic AI and copilots at scale. Ibrahim Al Syed, the director of digital manufacturing at Celanese, was surprisingly forthcoming about how Celanese developed these capabilities at ARC Advisory Groups 29th Annual ARC Industry Leadership Forum.

Negotiating Skills 183

Negotiating Skills Supply Chain Design Software Modeling Software Optimal Sourcing 183

SYSPRO Smarter ERP

MAY 26, 2025

In the fast-paced world of smart manufacturing, making quick, accurate and informed decisions is essential. Real-time decision-making, powered by artificial intelligence (AI) , is revolutionizing smart manufacturing processes. That said, manufacturers need to take several steps to successfully enable these technologies.

Manufacturing Procurement 68

Manufacturing Procurement Optimal Sourcing Inventory Management Software Predictive Analytics Software 68

Supply Chain Shaman

FEBRUARY 18, 2021

Advanced planning evolved with a focus on modeling manufacturing constraints. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. The issue is that traditional functional metrics drive underperformance—the greater the variability, the larger the gap. Over time, this changed.

Supply Chain Planning Software 355

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 355

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

RFgen

DECEMBER 19, 2024

Examples: Automated order picking with autonomous mobile robots. Which warehouse performance metrics should be tracked? The post 8 Warehouse Optimization Tips from Manufacturing Experts appeared first on RFgen. Sorting systems Automated transportation with automated guided vehicles.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Let me give you example. Reward teams for cross-functional metrics.

Supply Chain Planning Software 377

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 377

DELMIA Quintiq

JUNE 22, 2021

In this final blog on agility and why you should consider becoming an agilist to survive the new completion (of the continuous mention) of the application of enterprise decision management systems (EDMS) from Taylor and Raden cited in the first blog, I turn to the metric of agility and a new ROI metric of decision yield.

Metrics 156

Metrics Supply Chain Planning Software Agile and Lean Supply Chain Optimization Software 156

Logistics Viewpoints

JUNE 3, 2025

The formula for OTIF is: Measuring a supply chain against OTIF metrics is a key strategy that helps decision makers attach a tangible value to the success of their fulfillment and allows them to determine key strategies. Many companies aim for 95% or higher, which can be a daunting task.

Optimal Sourcing 227

Optimal Sourcing Optimization Software Price Mitigation Strategies Sourcing Strategies 227

Supply Chain Shaman

MARCH 5, 2019

For example, the goal is not track truck location, but to provide insights on location in context with a delivery appointment. For example, will the truck be late to arrive against a pre-established appointment. Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. 2) Latency. 2) Latency.

Supply Chain Design Software 339

Supply Chain Design Software Prescriptive Analytics Software Real-time Visibility Supply Chain Planning Software 339

Logility

SEPTEMBER 12, 2024

From retail and food and beverage to manufacturing and life sciences, companies from a wide variety of industries are realizing the benefits of the technology, revolutionizing how they operate, collaborate, and generate value. Take, for example, the retail industry.

Supply Chain Planning Software 200

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 200

SYSPRO Smarter ERP

APRIL 8, 2025

In manufacturing, performance improvement, cost reduction and process optimization are crucial. Manufacturers have adopted innovative solutions and technologies to deal with these issues. There is no question that AI and ML will have important roles in shaping the future of manufacturing ERP. What is AI and ML?

Supply Chain Design Software 63

Supply Chain Design Software Modeling Software Forecasting Software Modeling 63

Supply Chain Shaman

OCTOBER 5, 2018

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. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 329

Case Study Inventory Reduction Agile and Lean Supply Chain Study 329

Logility

AUGUST 5, 2021

This means routinely bringing together the C-suite, finance, supply chain, manufacturing, sales and marketing teams so everyone is seeing, working from and agreeing to an aligned plan that achieves optimal business outcomes. For example: Verify your strategy. What are your long-term goals? Should you use the same KPIs as everyone else?

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

ivalua

MAY 29, 2025

SCM is focused on efficiency, throughput, and resilience across a much wider operational footprint and requires coordination between manufacturing, logistics and supply chain, and demand planning teams to ensure timely fulfillment and quality assurance. However, automating the contract lifecycle can free up resources and ensure consistency.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software 130

Supply Chain Shaman

SEPTEMBER 17, 2014

There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. Aligned Metrics. What percentage of retail out-of-stocks could be prevented by the manufacturer in these industries? Take General Mills and Kellogg an example. ” Yes, I said.

Optimal Sourcing 365

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 365

Logistics Viewpoints

FEBRUARY 16, 2021

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. Supply chain visibility often means “where’s my stuff,” or the ability to trace parts in transit from the manufacturer to the final destination. This example illustrates why supply chain visibility isn’t enough.

Supply Chain Visibility 329

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 329

Precoro

MAY 19, 2025

Examples of non-compliant procurement Types of procurement compliance Procurement compliance KPIs Purchasing compliance roadblocks Procurement compliance: Best practices checklist Frequently asked questions about procurement compliance What is procurement compliance? Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

Logistics Viewpoints

MAY 27, 2025

Consider the example of a large consumer goods manufacturer and distributor managing more than 80,000 locations. Minimize Manual Forecasting Adjustments : For this manufacturer, planners dont touch the forecast, focusing instead on strategic oversight. Performance tracking is another critical element in fostering adoption.

Supply Chain Software 152

Supply Chain Software Prescriptive Analytics Software Waste Reduction Cost Reduction Strategies 152

Supply Chain Shaman

MAY 29, 2014

As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics. The metrics of growth, Return on Invested Capital, Inventory Turns and Operating Margin have the highest correlation to market capitalization.

Gartner 366

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 366

Precoro

JUNE 3, 2025

How to establish a category management system Examples of categories and strategies Why category management in procurement matters How Precoro can help you establish a category management system Frequently asked questions about category management services What is category management? Read on to learn: What is category management?

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. The group’s response is, “Are these supply chain metrics?”

Supply Chain Planning Software 386

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 386

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. For instance, goods move from the customer to the distributor or to the manufacturer. In turn, those costs may then fall to the manufacturer.

Reverse Logistics 310

Reverse Logistics Logistics Network Optimization Software Logistics Material Savings 310

IQMS

JULY 21, 2023

The ability to ensure product quality is the cornerstone of a manufacturer’s success. By integrating quality into every step of the manufacturing process, companies can cut the production costs associated with rework and scrap, as well as lower the risk of recalls and potential litigation over defective products.

Quality 52

Quality Waste Reduction Cost Reduction Strategies Resource Reduction 52

ivalua

NOVEMBER 29, 2022

For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. Tracking the Metrics that Matter. While Ardent expects Procurement to rise to and tackle these challenges, tracking the metrics that matter will help them stay focused for full recovery.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

Logistics Viewpoints

OCTOBER 4, 2021

Because of service disruptions – not being able to buy toilet paper, for example – the supply chain has been more discussed than ever before. They can then use the data to provide an apples-to-apples benchmark on a variety of innovative supply chain metrics applicable to the grocery supply chain. But just how bad was it?

Supply Chain Performance 284

Supply Chain Performance Inventory Reduction Supply and Demand Cost Reduction Strategies 284

Logistics Viewpoints

AUGUST 15, 2022

A direct material is a raw material, component, or assembly used directly in the manufacturing process. For example, one of the key decisions that a manufacturer needs to make is should they continue to buy goods from one of their suppliers. For example, are you still a minority owned company?

Supply Chain Network Software 310

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 310

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. That’s why supplier collaboration—that consistent, trusted, and responsive interaction between supplier and manufacturer—is pivotal to manufacturing success.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Supply Chain Planning Software 52

Logistics Viewpoints

JANUARY 17, 2022

I can recall a case study when I was in business school where a profitable, fast-growing manufacturer nonetheless went out of business. The Rule of 40 was popularized by venture capitalists in recent years as a key performance metric for SaaS firms. on this metric. The problem? Their cash flow did not keep pace with their sales.

Logistics Network Optimization Software 299

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 299

Logistics Viewpoints

JANUARY 31, 2024

As regulations across the globe strengthen, the pressure to collect, report, and organize emission-related metrics has never been higher. Across the globe, requirements for stricter reporting on complex metrics are increasing.

Report 313

Report Data Material Savings Manufacturing Procurement 313

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 293

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. The United States, for example, wastes about 40% of their food , amounting to about 125 to 160 billion pounds—much of which is perfectly edible. Pete Pearson Director of Food Waste, WWF. Source: [link].

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. Proudly, I had led my division to have the lowest manufacturing costs with the highest Return on Assets. The more content people are, the more important it is to ask the tough questions to drive alignment.

Manufacturing Procurement 318

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 318

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Using an offshore vendor to manufacture a component for a larger automotive assembly is a typical example.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Supply Chain Shaman

MARCH 27, 2023

For example, real-time planning, end-to-end planning, control tower, integrated business planning (IBP), and digital brain are oxymorons while discussions on innovation bounded by a required ROI is a juxtaposition. ” Today only 7% of manufacturers are innovators. What makes the company believe that they are best practices?

Supply Chain Planning Software 365

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 365