article thumbnail

Winning Supply Chain Procurement Strategies for 2022

Ware2Go

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Many merchants were concerned about having enough inventory to meet demand, and consumers wondered if they would be able to secure holiday gifts for loved ones. Big Picture Thinking.

article thumbnail

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . and HOUSTON, Tex. And there’s no time to lose–the time is now to execute on a strategy before opportunity and competitive advantage is lost.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

For the past month, I have been working alongside companies implementing digital strategies. When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. Houston, We Have a Problem. In this case, the metrics are operating margin and inventory turns.

article thumbnail

Customer-Centric Supply Chains: Adding Clarity to the Muddle

Supply Chain Shaman

I cleared my throat and told as story of two clients in Houston. One company defined the customer-centric strategy as, “Do whatever the customer wants.” On this fall day, at this strategy workshop, this was the case. Figure B shows the gaps in the execution of customer-centric policies and strategies.

article thumbnail

The State of Holiday Shipping & Learnings for Next Peak Season

Intelligent Audit

According to the Journal of Commerce , the New York and New Jersey port backlog is increasing and leading to more instability in terms of product replenishment and inventory management in the weeks after Christmas. UPS to Houston has experienced the most delays—8.9%, followed closely by New York and Los Angeles.

article thumbnail

Renegade Riposte

Supply Chain Shaman

I get called frequently to talk to supply chain leadership teams about inventory. Often the CEO hires a strategic consultant to audit the supply chain, and they roll through the organization making inventory promises. What CEO does not like the concept of reducing inventory? It is cash. Let me explain.

article thumbnail

U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. West Coast ports in favor of other ports such as Houston and major U.S. East Coast ports.