Supply Chain Shaman

AUGUST 12, 2020

The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result? The reason?

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 171

Zipline Logistics

APRIL 20, 2020

Controlling costs in the supply chain is an excellent way for businesses in any sector to find increased profitability, but it is especially true for food ingredient shippers. Pragmatic analysis can uncover opportunities to make improvements that can help control inventory and manage costs. Know Your Customers.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Matters

FEBRUARY 22, 2024

Supply Chain Matters provides highlights and added perspectives to retailer Walmart’s report of Q4 and Fiscal 2024 financial and operational performance. Same store sales growth (excluding food) increased 4 percent during the quarter vs. equity analyst consensus expectation of 3.1 operations. percent to $648.1

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

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. Supply chain complexity is increasing as customers demand a wider selection of products, a broader choice of channels, and more promotional offers. McKinsey & Co.,

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

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. It is cash. Let me explain.

Supply Chain Design Software 150

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

Supply Chain Shaman

AUGUST 5, 2015

At Supply Chain Insights, we published a report card yesterday. The report analyzes supply chain performance and improvement by the Consumer Products Leaders in the period of 2006-2014. Overall Results on the Supply Chain Metrics That Matter. A Look Back. How Have They Done?

Agile and Lean Supply Chain 150

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain 150

The Logistics & Supply Chain Management Society

JULY 20, 2020

retail, e-commerce, food production). The rush to stockpile basic needs like food, beverages and toilet paper led to a dramatic increase in sales at retail outlets such as supermarkets. It helps the supply chain become compressed and tightly integrated through shortened life cycles, lead times and minimised operations’ cost.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Logistics Viewpoints

OCTOBER 4, 2021

A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. The company provides demand and inventory planning solutions based on a public cloud architecture. I look forward to this study every year.

Inventory Reduction 221

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 221

ShipBob

APRIL 26, 2023

In an ecommerce business, supply chain performance is one of the key factors affecting the performance of the business as a whole. If the supply chain isn’t moving as seamlessly as it should, it could cause disruptions further down the line, and even result in delivery delays and customer disappointment.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

ThroughPut

AUGUST 12, 2021

Food and Beverage (F&B) companies operate under unique market conditions, such as high market volatility. The industry faces losses worth billions due to excess inventory, heavy discounting, and unavailability of stock. Global food trends in the pandemic saw some interesting variations from the norm. Greater visibility.

Supply Chain Planning Software 52

Supply Chain Planning Software S&OP Inventory Reduction Scenario Planning 52

ThroughPut

DECEMBER 8, 2023

In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Supply Chain Shaman

JANUARY 19, 2014

Despite multimillion dollar technology projects, and tomes of strategy documents, they are stuck in their ability to overcome market factors and rising complexity to drive continuous improvement on a portfolio of metrics. As complexity shifts happen, the supply chain has to be redesigned to absorb the changes.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 278

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). Based on the analysis of supply chain improvement (as measured by the Supply Chain Index ) and supply chain performance, we ranked the supply chain leaders by industry.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Zipline Logistics

JANUARY 10, 2023

He works alongside clients ranging from some of the largest food and beverage businesses in the world to the brightest up-and-coming CPG brands in North America. However, this model does not allow brands to be in control over production or inventory management. Perform a network analysis. Understand retail compliance.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

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.) Table of Performance. A potential value of a digital twin.).

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

RFgen

SEPTEMBER 28, 2015

Inventory management strategies surrounding traceability must account for seasonal demand for products. For example, fall is pumpkin spice season in many retail food stores. Supply chains need to know which locations show the most interest and distribute goods to the top-performing areas. Sometimes seasons change.

Supply and Demand 52

Supply and Demand Manufacturing Procurement Supply Chain Software Inventory Reduction 52

RFgen

SEPTEMBER 28, 2015

Inventory management strategies surrounding traceability must account for seasonal demand for products. For example, fall is pumpkin spice season in many retail food stores. Supply chains need to know which locations show the most interest and distribute goods to the top-performing areas. Sometimes seasons change.

Supply and Demand 52

Supply and Demand Manufacturing Procurement Supply Chain Software Inventory Reduction 52

ThroughPut

DECEMBER 6, 2023

Supply chain predictive analytics enhances operational efficiencies and offers a unique competitive edge in today’s fast-paced business landscape. Companies implementing supply chain predictive analytics experience a multitude of benefits. So, how does predictive analytics help with that?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Supply Chain Shaman

FEBRUARY 12, 2017

Note that neither company is making progress at the intersection of operating margin and inventory turns. The level of performance in 2015 is the same as 2006. Performance of BMS and Merck at the Intersection of Inventory Turns and Operating Margin. We are not as mature as CPG or Food/Beverage.

Pharmaceutical 150

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

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During During the last two months, we have been interviewing supply chain leaders to get their views on the methodology. Resiliency is the tightness of the pattern, or the reliability of operating margin and inventory turns results.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Supply Chain Shaman

AUGUST 11, 2016

(Included in this post is Cummins’ digital award for the 2016 Supply Chains to Admire. I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. For example, in the medical device supply chain is the customer the doctor, the hospital or the patient?

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. If you have wondered how to improve OTIF and overall supply chain performance, you are not alone. But first, let’s look at the background of OTIF metrics and why they came to be.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. Source: DHL, Artificial Intelligence in Logistics, 2018 (PDF, 45 pp., no opt-in). no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Logistics Bureau

MAY 4, 2016

However, traditional enterprise measures of performance do not work for supply chains. To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics. Shortcomings of Traditional Performance Measures. Financial metrics to indicate profitability.

Supply Chain Performance 40

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

ShipBob

FEBRUARY 26, 2024

Demand and supply management During the demand and supply management phase, you focus on planning your orders to ensure accurate and timely replenishments. and then planning your inventory orders accordingly. Analysis The analysis phase is where you look back at your supply chain process and evaluate its effectiveness.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

ShipBob

MAY 11, 2021

One day, you get notified by your manufacturer that there will be a delay, and you have no idea when you’ll receive the next batch of sellable inventory to meet customer demand. . From natural disasters to material shortages, minor and major supply chain disruptions can happen at any time. Courtney Lee, founder of Prymal.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Material Savings 98

Taulia

JULY 11, 2023

A 2023 report by Glow and NIQ shows that half of surveyed consumers changed the food and grocery brands they purchase based on ESG considerations, for example. During supplier selection, companies should apply appropriate procedures and use suitable metrics to select suppliers that align with the company’s ESG policies and broader values.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Supply Chain Optimization Material Savings 40

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. In this article, I want to emphasize that a customer-centric supply chain meets and exceeds the customer’s needs day-by-day based on a well-defined relationship against a brand promise.

Customer Service 300

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 300

Kinaxis

SEPTEMBER 8, 2014

I was on a call last week with a large company in the food and beverage space that has spent $100s of millions, and many years, on an ERP deployment. The issue is that none of their IT investments in the last 10 years have moved the needle on operational metrics such as inventory levels, case fill rates, and other operational metrics.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

New Horizon Supply Chain Blog

SEPTEMBER 18, 2023

For those unfamiliar with these measures, the most common forecast error metric is mean absolute percent error (MAPE), typically defined as the absolute value of (Forecast-Actual) / Actual. I’ve seen forecasting groups take that approach for reasons of company politics, but it’s a recipe for poor supply chain performance.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

New Horizon Supply Chain Blog

MARCH 20, 2023

For those unfamiliar with these measures, the most common forecast error metric is mean absolute percent error (MAPE), typically defined as the absolute value of (Forecast-Actual) / Actual. I’ve seen forecasting groups take that approach for reasons of company politics, but it’s a recipe for poor supply chain performance.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Supply Chain Shaman

JULY 12, 2022

I am thinking a lot this month about business resilience and the role of supply chain leaders. Food instability looms in Africa. Our days of chasing shiny objects and making supply chains more efficient, but more brittle need to be behind us. In the last decade, supply chain performance regressed.

Supply and Demand 219

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 219