Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence.

Procurement Analytics 355

Procurement Analytics Optimal Sourcing Metrics Supply Chain Planning Software 355

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). The use of market data decreases demand latency (time to sense and translate market shifts).

Supply Chain Planning Software 370

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 370

Supply Chain Shaman

OCTOBER 13, 2022

I brace myself for a late flight for a 2:00 AM arrival as the clock ticks-an echo of time lost. The larger the organizational alignment issues, the longer the decision-making time. The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. The reason?

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Delivery at the shortest cycle time. What did we find?

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 322

Logistics Viewpoints

FEBRUARY 15, 2023

I informed our readers that ARC Advisory Group/Logistics Viewpoints is conducting a survey to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. We approached the topic from the perspective of importance in comparison to other objectives and change in importance over time.

Supply Chain Planning 199

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 199

ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Supply Chain Matters

OCTOBER 12, 2022

contraction threshold which is noted as the first time this has occurred since the depths of the global pandemic in 2020. contraction threshold which is noted as the first time this has occurred since the depths of the global pandemic in 2020. Report authors indicated that the September decline was quite broad-based.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) (I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) At the time, I was fascinated how the most mature teams bucked the system. Sales and Operations Maturity Model from 2005-2008.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logistics Viewpoints

OCTOBER 26, 2023

That’s why I value the time I get with CIOs every bit as much as I value time with CFOs, CSCOs and supply chain professionals of every stripe. We’re just not meeting customer expectations. So why are so many still falling short of OTIF targets (and other key metrics)? What does that look like? Let’s go back to OTIF.

Supply Chain Planning Software 201

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 201

Logistics Viewpoints

FEBRUARY 16, 2021

With this information, are you any closer to knowing what to do about it, or have you just enriched your ability to admire your problem and see it close up? In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. Agility to act on transparency.

Supply Chain Visibility 285

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 285

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Her supply chain experience includes specialist roles at AMR Research, Clorox, Gartner Group, Kraft, and Procter & Gamble. Thanks for your time today. People like stories.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Unleashed

NOVEMBER 16, 2022

The Manufacturers Health Check report shows SMEs in the UK, New Zealand and Australia were forced to hold record levels of stock in Q3 2022 – a response to billowing international lead times. We did this by analysing four key metrics: The average value of total stock on hand – reflecting the volume of goods held (plus impacts from inflation).

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

Logility

AUGUST 25, 2020

in inventory write-down and 20% drop in stock value. Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Logility

JANUARY 26, 2017

” This holds just as true today as the day it was first said. The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. When it comes to supply chain metrics, “beauty is in the eye of the beholder.”

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. It takes us three months and two full-time research assistants to finish the analysis.

Gartner 214

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 214

Supply Chain Shaman

JUNE 7, 2021

Lately, as I reflected on my conversations with John (fictitious name) when I was at AMR Research, I yearn to go back in time. For example, client-server to cloud architectures offered great promise for process innovation, but companies just moved their processes without asking how to drive new levels of value from technology.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

SYSPRO Smarter ERP

MARCH 2, 2022

It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. There are several areas of procurement practice that should be considered for improvement: Just-in-case. Just-in-time focuses on having materials arrive just as production is scheduled to begin.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

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. Orbit Chart for L’Oréal at the Intersection of Inventory Turns and Operating Margin.

Case Study 265

Case Study Inventory Reduction Agile and Lean Supply Chain Study 265

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Enterra Insights

JUNE 25, 2019

For the last few years, inventory shrinkage has annually cost U.S. retailers just under $50 billion combined. ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money. To reduce shrinkage, retailers need to have a strategy to address each of the ways inventory can be lost. Human errors.

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Inventory Vendor Strategies 100

Logistics Viewpoints

DECEMBER 7, 2021

Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Even if much of their sought-after inventory remains stuck at sea, merchants still need to move products that are available, and this brings its own set of relentless challenges. They face higher costs.

Capacity 192

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 192

Supply Chain Shaman

OCTOBER 25, 2021

Container inventory is imbalanced. Create a supply chain planning master database to track variability in lead times, conversion rates, and cycles. Fourteen of twenty-eight industries have rising inventories. As a result, in this time of increased variability, organizations are more reactive. Volume is up. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. As such, optimally managing your sales and inventory at Kroger is essential to grow your brand and solidify its foothold with the end consumer.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

OCTOBER 25, 2021

Container inventory is imbalanced. Create a supply chain planning master database to track variability in lead times, conversion rates, and cycles. Fourteen of twenty-eight industries have rising inventories. As a result, in this time of increased variability, organizations are more reactive. Volume is up. What to do?

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Shaman

DECEMBER 29, 2016

New Year’s Eve is a time for parties. ” In this team activity people who do not know each other list four statements and ask the group to guess which statement is false. ” In this team activity people who do not know each other list four statements and ask the group to guess which statement is false.

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This involves not only identifying the volume and frequency of shipments but also delving into specific requirements, such as: The advent of Digital Freight Procurement Tools , means users can now compile the above data in a fraction of the time spent previously.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Supply Chain Shaman

MARCH 19, 2014

As an analyst in the market for the past ten years (first with Gartner, then with AMR Research, followed by my work at Altimeter Group and now with my own firm Supply Chain Insights), I have stood in front of clients doing strategy days advocating “best practices” and I wanted to set the record straight. You tell it straight.

Gartner 318

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 318

Logistics Bureau

JULY 18, 2017

Some Common-sense Warehouse Benchmarking Metrics. In this post, you can discover some common-sense warehouse metrics that should probably be included in your project, regardless of whether you are benchmarking internally or externally. Other Warehouse Performance Benchmarking Metrics. Perfect Order Warehouse Performance.

Benchmarking 41

Benchmarking Supply and Demand Metrics Warehousing 41

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

ToolsGroup

MAY 24, 2016

Most companies segment their supply chain by breaking it down according to operational and logistical metrics. This type of segmentation lets you group customers by similar drivers and trade-offs, like price, lead time and lot size. In a blog earlier this year entitled What's wrong with ABC inventory classification?

Supply Chain Segmentation 159

Supply Chain Segmentation Optimal Sourcing Gartner Supply Chain Optimization 159

BlueYonder

JANUARY 18, 2024

When it comes to improving e-commerce returns, retailers will often think to change the length of time customers have until they’re no longer allowed to return an item, or begin offering free returns postage. For example, how long it takes to get an item back into stock after being returned is very rarely a considered metric for retailers.

Logistics Network Optimization Software 56

Logistics Network Optimization Software How To Supply Chain Software Retail 56

Logistics Viewpoints

MAY 19, 2022

A plan is a point in time, so any solution must be paired with agility to adjust when the inevitable changes occur. Optimization has often been applied too narrowly, because as AI and supply chain expert Professor Nada Sanders articulates , analytical techniques applied to just one node only create highly-efficient silos.

Optimal Sourcing 230

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 230

ThroughPut

MAY 3, 2024

It’s no longer just about getting goods from A to B; it’s become a vital piece of the supply chain puzzle. 77% of the world’s largest ports are still facing backlogs, and that doesn’t just affect your logistics efficiency and costs, it impacts your entire supply chain and business. We’ve all been witness to this!

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Supply Chain Shaman

JUNE 29, 2014

I remember the first time that I met the founders, Don and Toby. ” And from time to time, when we were behind deadline, and teasing each other about the looming weekly post, we would throw our llamas from cubicle to cubicle. It could no longer be just about inventory levels. The conference was low-key.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Supply Chain Shaman

JUNE 7, 2018

As time goes on, these high energies dissipate. When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. A person who or thing which provokes; a challenger, instigator, inciter, irritator; (in later use) specifically = “provocateur.”

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 232