Supply Chain Shaman

DECEMBER 29, 2016

” In this team activity people who do not know each other list four statements and ask the group to guess which statement is false. As I study research methods, and the market, I realize the lies I’ve spun for prior employers (Gartner and AMR Research) are untrue: The AMR Research Hierarchy of Supply Chain Metrics.

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

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. It was an awakening.

Gartner 334

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 334

Supply Chain Shaman

FEBRUARY 18, 2013

Last week, at Supply Chain Insights , as part of our monthly webinar series, I hosted a panel discussion on the current state of the healthcare value network. Hosting this webinar series is one of the favorite parts of my job as the Founder of Supply Chain Insights. It is rising inventory levels. For most, it is a sore point.

Pharmaceutical 170

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 170

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Financial ratios allow us to analyze performance across the peer group (large against small companies) and across currencies. We also look for companies that have out-performed their peer groups.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

Supply Chain Shaman

JULY 5, 2016

Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. P&G’s rate of improvement on the Metrics That Matter was lower than the peer group. Performance of the Household Products Peer Group. billion in inventory charges in April 2001. Reflections.

Supply Chain Planning Software 150

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Industrial 150

Supply Chain Shaman

OCTOBER 29, 2014

Groupthink is a psychological phenomenon that occurs within a group of people in which there is a desire for harmony within the group, but the result is an irrational or dysfunctional outcome. I feel that the industry is engaged in ‘Group Think’ No one in this meetings is going to ask tough questions.

Supply Chain Planning Software 330

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 330

Supply Chain Shaman

NOVEMBER 9, 2014

It was my first time working with this group. The group laughed. ” The group was quiet as we discussed the fact in the traditional organization that functional silos are not designed to work together. I also believed that this company would have the best inventory and customer service. The first name is Irish.

Manufacturing Procurement 290

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 290

Supply Chain Shaman

OCTOBER 20, 2012

When new groups come together, the forming process is often awkward. ” In this team activity, people who do not know each other list four statements and ask the group to guess which statement is false. .” ” I played three lies and a truth with the group. Here they are: The Lie of Inventory Reduction.

Inventory Reduction 264

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 264

Supply Chain Shaman

MAY 29, 2014

I just don’t think the comparison of very different industries in a spreadsheet based on growth, inventory values, and Return on Assets (ROA) is meaningful. To be valid, I believe that companies must be compared within a peer group. As a result, the metrics have to be viewed together as a pattern over time.

Gartner 316

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 316

Supply Chain Shaman

APRIL 15, 2015

Yesterday, I presented to 700 global attendees on an APICS webinar. However, in the polling data in the APICS webinar, we found that over 70% of the respondents had deployed solutions from the ERP-expansionists (either SAP or Oracle). The SAP and Oracle analyst relations groups are big machines. The results confound me.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Supply Chain Shaman

AUGUST 11, 2016

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. As I sat at the airport I worked on my presentation for the Supply Chain Insights’ webinar on building a customer-centric supply chain on August 17. All winners received their digital images this week. )

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

Logility

JANUARY 15, 2014

Last month, I shared the microphone with Keith Holliday, Vice President of Supply Chain, on an APICS webinar sponsored by Logility to discuss the value proposition of S&OP to Sonoco Products. The two companies’ results on operating margin and inventory turns are shown in figure 1. Alignment on a Metrics Portfolio.

S&OP 101

S&OP Illinois Agile and Lean Supply Chain Inventory Reduction 101

Logility

JANUARY 15, 2014

Last month, I shared the microphone with Keith Holliday, Vice President of Supply Chain, on an APICS webinar sponsored by Logility to discuss the value proposition of S&OP to Sonoco Products. The two companies’ results on operating margin and inventory turns are shown in figure 1. Alignment on a Metrics Portfolio.

S&OP 100

S&OP Illinois Agile and Lean Supply Chain Inventory Reduction 100

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. The focus in supply chain groups was not on how to design the operations so that they were more effective; instead it was about the use of best practices to maximize the value of what we had. The year was 1985. It was a foreign world.

Supply Chain Design Software 150

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

GlobalTranz

NOVEMBER 12, 2015

Will an inaccurate picking result in one error for the original problem or two errors for sending an incorrect product and retaining the original, correct product in your inventory? In each of these situations, scorecards can be automatically filled out to reflect the problems for specific employees or groups of employees on a given dock.

Continuous Improvement 120

Continuous Improvement Data Logistics Network Optimization Software Vendor Strategies 120

Supply Chain Shaman

AUGUST 14, 2016

Most of the concepts were new to the team; and while the group had discussed many of the ideas at a high level, they had not been able to take the conceptual ideas into implementation. I asked the group to think of demand-driven concepts as the enabler of customer-centric strategies. As a result, there were arguments. Channel Sensing.

Material Savings 197

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 197

Vanguard Software

APRIL 16, 2021

Webinar: Register Now. A transformational business benefit of supply chain simulation is optimization-based scenario planning , determining how to optimize key metrics such as supply chain cost, risk, efficiency, and inventory. Country Malt Group simulated how this shift affected their supply chain.

Modeling 40

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Software 40

GlobalTranz

FEBRUARY 13, 2015

While they may save money on unskilled labor and by achieving economies of scale, they ultimately will pay more because of longer lead times, increased inventories, the need for more management resources for planning and logistics, and constraints on their ability to respond quickly to changing demand. Research first.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Strategy 120

Supply Chain Shaman

JUNE 21, 2014

I recently presented this slide to a group of consultants, and a person that I love in the audience raised his hand and said, “Lora, let’s just face it. I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

GlobalTranz

APRIL 8, 2015

Each user will benefit because they have access to a better grouping of applicable, accurate information. This type of highly visible environment also allows data so that performance metrics can operate in a more efficient and powerful way. This information can then be shared between the users within the network. Real Results.

Supply Chain Network Software 120

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Modeling Software 120

Precoro

MAY 22, 2023

It plays a vital role in managing an organization's inventory of IT assets, reducing redundancy, and lowering the risk of downtime or service interruptions. This can be accomplished through internal surveys, group meetings, and one-on-one consultations with department heads and end users.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Unleashed

OCTOBER 20, 2021

A good inventory management system can play a vital part in the smooth running of a business – and getting it set up properly can make all the difference. Learn more: What is Inventory Management? Techniques for 2021 What hardware requirements are there for an inventory management system?

Inventory Management Software 96

Inventory Management Software Inventory Management Forecasting Software Inventory Reduction 96

Supply Chain Shaman

OCTOBER 22, 2015

The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Companies invest in project after project, yet inventory levels remain the same. The Business Problem. The analogy is weight loss.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Inventory Supply Chain Planning Software 150

Supply Chain Trend

OCTOBER 31, 2016

To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders. A group, eligible to comment on the current state of S&OP. A group, that has shown passion to improve S&OP and a willingness to provide ideas for the future.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

Supply Chain Shaman

JULY 25, 2016

To determine the winners, we compare the effectiveness of each company against relative performance within an industry-specific peer group. In the analysis, we divide companies into three groups: winners, finalists and under-performers. This is an high-performing group representing 5% of public companies. Finalists.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Short cycles require buffer inventories and short lead times. Let me explain. Responsive Supply Chain.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

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. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.

Supply Chain Design Software 232

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 232

Supply Chain Insights

JULY 26, 2016

To determine the winners, we compare the effectiveness of each company against relative performance within an industry-specific peer group. In the analysis, we divide companies into three groups: winners, finalists and under-performers. This is a high-performing group representing 5% of public companies studied.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

Supply Chain Shaman

SEPTEMBER 24, 2017

We analyzed the impact of 150 factors on 493 financial metrics for the period of 2004-2016. Across the industry, we find that companies think that they are managing costs and inventory better through technology investments like supply chain planning, but they have a false sense of accomplishment. This research was tough work.

Cost Reduction Strategies 214

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 214

GlobalTranz

JUNE 1, 2015

A company in need of lean manufacturing practices tends to be easy to identify, typically displaying multiple of the following symptoms of operational deficiency: Inventory amasses in buffer stocks. Inventory records, product specs, shipping documents contain errors. Holding areas are maintained for excess inventory.

Manufacturing Procurement 120

Manufacturing Procurement Waste Reduction Agile and Lean Supply Chain Inventory Reduction 120

DELMIA Quintiq

OCTOBER 12, 2020

Maintaining lower levels of inventory with increasing requests for lower lead times and variable supply and demand is forcing manufacturers to look again at making their operations as Lean as possible. A study by The Aberdeen Group ranked organizations by the maturity of their processes and utilization of planning and ERP systems.

Optimization Software 296

Optimization Software Lean Inventory Reduction Price Mitigation Strategies 296

6 River Systems

DECEMBER 13, 2019

Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. ” – Emma Sturgis, 10 Great Warehouse Optimization Tips for Small Businesses , Fishbowl Inventory 4. “Warehouse optimization starts with an efficient layout.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

GlobalTranz

AUGUST 29, 2016

Meanwhile, a recent report, published by ARC Advisory Group , found similar trends. It includes use of communication tools as part of customer satisfaction processes, warehouse inventory management and assessment, new delivery capabilities, forecasting for accurate inventory management and improvements in overall cash flow.

Logistics Network Optimization Software 125

Logistics Network Optimization Software Transportation Inventory Management Software Forecasting Software 125

GlobalTranz

JANUARY 20, 2015

Price management, inventory management, process optimization, and utilizing appropriate metrics to drive performance (and compensation) are critical. This posting is adapted from a recent article in Channel Marketing Group ‘s newsletter. (and, am I willing to make the necessary changes and communicate the appropriate message?).

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Price Reduction Optimization Software 120

E2open

DECEMBER 8, 2022

New rebate analytics allow channel partners to track key sales and rebate metrics to drive more business, deliver a higher return on brand owner incentive spend, and increase partner satisfaction and compliance. product release webinar through the Mye2open portal. Logistics On-time performance is essential to last-mile logistics.

Supply Chain Network Software 60

Supply Chain Network Software Supply Chain Planning Software Analytics Software Forecasting Software 60

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. Category management can incorporate data-based array planning, inventory control, and product pricing with the mutual objective of enhancing sales performance and operational efficacy.

Procurement Solutions 77

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 77

Alloy

MAY 29, 2019

The theme of the webinar was “What I Wish I Knew Then,” and she shared many lessons from her time in sales at premium audio brands like YG Acoustics and Bowers & Wilkins. The key metrics could look very different depending on the customer, too.

Buyer Training 40

Buyer Training Inventory Reduction Analytics Software Purchasing Training 40