Supply Chain Shaman

OCTOBER 11, 2012

” CFO of a major manufacturer. This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. Have the early adopters of inventory optimization seen a reduction in inventory on their balance sheets?”

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

Unleashed

APRIL 10, 2023

The internal processes of a manufacturer are critical to the success of the overall business. This article breaks down 11 of the most effective process improvement techniques in manufacturing that you can implement in your workplace today. Deep dive: Check out the 2023 Manufacturing Productivity Guide.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

Supply Chain Opz

MARCH 26, 2015

What is Inventory Control? Here we will try to answer most common questions about Inventory Control and also provide additional resources you can use. What is Inventory Control? Inventory control often starts with how to know the demand of particular product. What is the Best Forecasting Model?

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Logility

AUGUST 15, 2023

But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. Coordinate every step with insight and action Companies using a platform that synergizes service, inventory, cost, and sustainability stand at the precipice of a highly progressive approach to supply chain planning.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. Strategic placement of inventory buffers to ensure sufficient ability to absorb shocks. One off recommendations are made about facility locations (i.e.,

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

SEPTEMBER 20, 2015

How will the policy be executed? Today, there is not a well-defined template on how to build and operate a supply chain defined by customer policy and segmentation strategy. Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. These functions include procurement, production planning, inventory management, logistics, and customer service. Develop and implement strategies to optimize the supply chain.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Supply Chain Shaman

SEPTEMBER 3, 2018

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. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability. Tie policy to action.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

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. The decline in inventory turns uses cash. My question is, “Why?” Growth requires cash.

Supply Chain Design Software 195

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

TransAudit

DECEMBER 13, 2023

BBB Industries’ sustainable manufacturing processes using recycled materials reduced GHG emissions by 38% compared to virgin resource production. Metrics and Performance Management Legacy supply chain metrics rarely capture the effectiveness of circular supply chains.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

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

QAD

MARCH 9, 2023

Instead, geopolitical, inflationary and environmental forces have created new challenges for manufacturers and their supply chain partners. Supply chain planning is more important today than ever before and there’s good news: Manufacturers have options for mitigating global supply chain risk and keeping costs in check.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. Let’s break this down into simple steps.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

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

IQMS

JULY 11, 2019

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Supply Chain Shaman

MAY 17, 2015

Then it is off to Dallas to speak on Supply Chain Metrics That Matter at the Dallas CSCMP roundtable and complete some more client work. In short, this major manufacturer and a well-respected supply chain leader, lamented the lack of good decision support tools and the singular focus of his IT team to focus on ERP implementation.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Software 150

Supply Chain Shaman

JUNE 5, 2013

Manufacturing is designed and planned in isolation. Integration of corporate social responsibility metrics in planning. Integration with manufacturing systems to understand actual run times and Operating Efficiency (OEE). There is a lack of clarity on what drives value and metrics are functional. Manufacturing.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 216

Supply Chain Shaman

JULY 21, 2022

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. Companies can win with an IT standardization policy. Supply chain excellence is harder to define than to say.

Supply Chain Design Software 195

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

SupplyPike

MAY 14, 2020

These activities can involve storage and transport of inventory or supplies, monitoring of day-to-day activities, the preparation behind these processes, and blending these different components throughout the supply chain. Most manufacturers depend on just-in-time (JIT) manufacturing policies. Inventory Map.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98

Locus

NOVEMBER 28, 2023

Returns, in the context of logistics, is the process of moving goods from their final destination back to the manufacturer or point of origin for multiple reasons. It is vital that shippers optimize the below metric to success in their overall growth. What are Returns in logistics?

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

SYSPRO Smarter ERP

MARCH 2, 2022

This means that the past practice of just-in-time inventory management will need to be more flexible and allow a just-in-case approach. Just-in-case involves holding more inventory so that sales are not lost due to inventory being unavailable. Risk management.

Optimal Sourcing 116

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

Elementum

AUGUST 3, 2022

A plan and a set of metrics are developed to monitor and assess all activities. Supply chain managers are responsible for constructing different procedures and metrics to manage and improve supplier relationships. Production In this stage, the actual product is manufactured to meet the customer’s demands.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 78

TMC

NOVEMBER 18, 2015

Companies can then prioritize their mitigation efforts based on parameters such as value-at-risk, customer importance, and field inventory. Keeping an eye on changes in government policies is another important detection activity, which often falls under the umbrella of a centralized corporate function such as Legal or Compliance.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Supply Chain Software 67

Unleashed

DECEMBER 11, 2022

That’s why, with so many possible variables to track, it’s critical to know which metrics matter most. However, tracking 50 irrelevant warehouse metrics is far less valuable than tracking a few hyper-useful ones. In this guide to warehouse KPIs: What are ‘warehouse KPIs’ and why should you use them?

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

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 79

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 79

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. We relay on guest bloggers and the expertise of others for manufacturing best practices. His 5 golden metrics center on performance management.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Arena Solutions

FEBRUARY 27, 2024

Circularity can deliver significant material cost savings through value chains and manufacturing processes, and create additional, value and new business opportunities. Manufacturers adopting a circular economy are realizing they need to think differently. When it comes to circular transition there are no one-size-fits-all solutions.

Material Savings 52

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 52

Unleashed

AUGUST 16, 2023

If you’re new to order fulfilment and inventory management , you’ll need a firm understanding of the backorder process. A backordering strategy maintains a customer’s interest and loyalty while the company manages its inventory. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Logility

DECEMBER 2, 2020

For example: Optimizing a distribution network not only reduces logistics costs but, in most cases, reduces carbon emissions through fewer transportation miles and/or less inventory holding costs. Is it enough to be eco-friendly in some processes, like transportation or manufacturing, to qualify your company as being Green?

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

Supply Chain Shaman

MARCH 9, 2020

With the downturn in the financial markets, the looming recession, and the fundamental shifts in demand—less travel and stay at home work policies—demand is changing. Simplistic thinking of trading-off customer service, inventory and cost became much, more complicated with the shifts in asset strategies. Presentations are hand-picked.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Supply Chain Matters

APRIL 28, 2023

This second in this series provides a specific focus for the now growing importance for increased operational excellence and efficiencies for companies whose products are anchored in process and batch manufacturing process environments. It is a complex challenge requiring consistent and relevant information.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

ToolsGroup

SEPTEMBER 25, 2019

A North American-based survey of nearly 200 supply chain professionals from top CPG, distribution/wholesale, food and beverage, manufacturing, and retail companies found that 58% of respondents are still in the exploring or evaluating phases of digital transformation.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

QAD

JUNE 17, 2021

Integrated Supplier Management is a must – manufacturers are still dealing with the effects of the global chip shortage, the Suez Canal blockage, changing trade policies and other global supply and demand disruptions. At QAD, we understand the multiple steps manufacturers need to take to achieve a resilient and integrated supply chain.

Supplier Management 98

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 98