Supply Chain Matters

FEBRUARY 5, 2024

Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® began 2024 with output levels rising for the first time in eight months. Global manufacturing employment levels fell for the fifth straight month. Manufacturing , there were mixed consensus.

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

Logility

AUGUST 5, 2021

The ideal goal is to have IBP – and the right supply chain planning platform to support it – bringing the right people to the table consistently to create a single, integrated plan for the business. If your sustainable competitive advantage is centered on strong customer relationships, you may carry more inventory than your peers.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

BlueYonder

FEBRUARY 23, 2023

The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. Sunil: It’s important to start with metrics. Sunil: Companies have built up inventory as a result.

Manufacturing Procurement 77

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 77

SCMDOJO

MARCH 19, 2024

The Purpose of the Supply Chain Department The supply chain department plays a crucial role in ensuring the smooth flow of goods and services from the point of origin to the point of consumption. Watch What is Marketing Procurement? Why do you need a structured Supply Chain Department?

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Viewpoints

MARCH 9, 2023

Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. An average margin of 21% with inventory turns of 1.58

Supply Chain Planning Software 292

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 292

Logility

AUGUST 7, 2017

Often, it becomes necessary to reevaluate how supply chain performance is measured to ensure healthy operations. Ask yourself, “Are your supply chain metrics bogging you down?” Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Supply Chain Shaman

JULY 25, 2021

The potential for supply chain performance declined in each of these industries. In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. While market potential declined, individual company performance declined faster. The reason?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Supply Chain Shaman

DECEMBER 28, 2020

Strangely, in the last decade, while companies had the opportunity to use technology better, supply chain performance declined. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. Days of Inventory Comparison.

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

QAD

JUNE 20, 2023

In the world of modern manufacturing, the importance of an efficient supply chain cannot be overstated. A well-functioning supply chain ensures that a company has the right materials, at the right time, in the right quantities, to meet customer demand. However, achieving this level of efficiency can be challenging.

Optimal Sourcing 88

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 88

SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

Supply Chain Planning Software 63

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 63

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. Why have we not improved our use of channel data in supply chain processes?” My question is, “Why?”

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. The KPIs here highlight procurement, production, logistics, and customer fulfillment.

S&OP 103

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 103

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Only 29% of manufacturers easily manage total cost trade-offs. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The reason? The result?

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

SYSPRO Smarter ERP

APRIL 24, 2023

Manufacturers as well as consumer-oriented businesses need to embrace better fulfilment experiences for their customers. By using the SCOR model, manufacturers have a tested and comparable framework for assessing their order fulfilment processes and performance. Order fulfilment is becoming increasingly important.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Taulia

JUNE 26, 2023

By focusing on improving their supply chain processes, businesses can improve product quality, avoid inventory shortages or oversupply, increase customer satisfaction, protect against supply chain risks, and reduce costs. Then, move on to build your supply chain to suit those metrics.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

Supply Chain Shaman

JULY 12, 2022

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. To make the point, let us start with a discussion on Consumer Products manufacturing. Company Performance in Broadline Retail.

Supply and Demand 219

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

Supply Chain Game Changer

JULY 21, 2021

Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. Historically, the traditional supply chain focused on improving costs. Today, more mature supply chain teams focus on delivering value. We find that companies can improve one, but not two of the metrics.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Logility

JANUARY 26, 2017

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. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs).

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Vecco International

FEBRUARY 4, 2024

Large global consumer goods companies with a combination of internal manufacturing and outsourcing must effectively predict demand and manage complex multi-national supply chain networks to ensure on-time in full delivery to their retail customers such as WalMart, CostCo, Amazon, QVC.

Beverage 40

Beverage Food Supply Chain Planning Software Manufacturing Procurement 40

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

Logility

AUGUST 25, 2020

in inventory write-down and 20% drop in stock value. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain.

Supply Chain Planning Software 173

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

SCMDOJO

JUNE 6, 2023

With the right supply chain tools at your disposal, you can streamline operations, boost productivity, and save valuable time. Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

Silvon Software

AUGUST 8, 2022

Supply chain challenges stemming from the pandemic and other global events continue to plague manufacturing and distribution companies. While beneficial, this also brings added complexity to the supply chain in a number of ways. Let’s take product quality as an example.

Analytics Software 80

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 80

Clear Spider

OCTOBER 26, 2022

For many of these successful companies, a Vendor Managed Inventory (VMI) system is the secret to their enviable growth. To break it down, efficient supply chain and inventory management practices should do two things: minimize inventory costs and maximize profits. Why Vendor Managed Inventory?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. Most supply chain planning teams do not know their customers. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. Over the last decade, supply chain performance regressed. Companies entered the pandemic with twenty more days of inventory than at the beginning of the great recession. Reflection. I hope to see you there!

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

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. Conversely, asking the right questions of the right entities can help supply chains do and measure the right things.

Supply Chain Performance 40

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

Supply Chain Shaman

JULY 21, 2022

Supply chain excellence is harder to define than to say. To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. Why do we spend four months doing this?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Supply Chain Shaman

JANUARY 8, 2014

” Supply Chain Leader. Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. As background, Peter Gibbons is the Executive Vice President, Global Supply Chain for Mattel, Inc. I am behind. The heat is on. No backing out.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

The Logistics & Supply Chain Management Society

JULY 23, 2020

Automated & synchronised : Future supply chains will be e2e automated, connected & synchronised. Most of the current repetitive processes like (forecasting, reports, purchase orders & Invoicing) will be automated using various technologies. Case Study Resilience: CISCO.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

ThroughPut

JULY 24, 2022

The retail industry has been witnessing unending turmoil over the last couple of years by way of a series of challenges – ranging from shifts in purchasing habits and consumer demands to the vagaries of a relentless global pandemic that continues to trigger seismic upheavals. Retail supply chain software that creates better demand signals.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Software Forecasting Software Optimization Software 96

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 74