Remove Inventory Remove Japan Remove Metrics Remove Procurement Analytics
article thumbnail

L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

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. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

article thumbnail

Lean Logistics: Improving Efficiency in the Supply Chain

Unleashed

This approach to supply chain management is a child of Lean Thinking – a business methodology that originated in Japan in the late 1980s. Ideal product flow efficiency is achieved by optimising inventory control , minimising supply chain interruptions, and eliminating downtime. But what does that mean when it comes to tangible results?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Black Holes and KPIs

QAD

A recent survey of our galaxy by astronomers with VERA in Japan has shown that Earth is both moving faster and is closer to the supermassive black hole at the center of our galaxy than previously thought ( EarthSky , December 2020). Inventory Data Health. How Dark is Your Data? . But don’t worry, our planet is safe! Fixed Assets.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

article thumbnail

Why Inventory Revaluation Is Your Next Important Task

Unleashed

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation?

article thumbnail

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

During a short term planning (less than one month), they pay much attention to the coordination between purchasing, production and sales. Jobs told Cook that he visited many manufacturing companies in Japan and he would like Cook to implement the JIT system for Apple. Dell is one of the classic supply chain case studies of all time.

article thumbnail

What is Order Fill Rate and Why Should You Care?

EMERGE App

As a small business owner of a wholesale or distribution business , there are so many metrics that you can apply to your business to assess your relative performance. The order fill rate is one such metric that you need to pay attention to. Thus, this metric needs to be seen in the company of other important inventory ratios.