Remove Inventory Remove Manufacturing Remove Metrics Remove Supply Chain Execution
article thumbnail

Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

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 There is no silver bullet.

article thumbnail

No Time Like the Present

Supply Chain Shaman

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. Inventories increased by 44% due to supply chain volatility.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Cardinal Health’s Perfect Implementation

Logistics Viewpoints

A previous supply planning implementation, of an SCP system from a different supplier, had not gone well. When it comes to supply chain planning, the right technology solution can make a big impact on a business’ agility and resilience. Inventory decreased almost exactly as RapidResponse predicted it would.

article thumbnail

Is Inventory Waste or an Asset?

Supply Chain Shaman

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

article thumbnail

Filling the Supply Chain Skills Gap: The Future of Supply Chain Belongs to the Developers & Supply Chain Executives Who Can Find the Talent

Veridian Solutions

They must oversee inbound and outbound inventory, manage warehouse space , consider order processing, handle employee complaints, report to stakeholders, supervise new system implementation and address the looming skills gap. Their duties are integral to the future of supply chain management, and out of these issues, a key problem arises.

article thumbnail

What Makes a Mature Planning Organization? (Part 2)

Supply Chain Shaman

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. There has to be an enlightened leader that understands that the supply chain is a complex system with increasing complexity. Metrics Alignment. They lack cohesion.

article thumbnail

Kinaxis Completes a Strategic Acquisition

Supply Chain Matters

This Supply Chain Matters This Week in Supply Chain Tech commentary provides highlights and added perspectives on this week announcement regarding Kinaxis’ s completed acquisition of supply chain execution B2B SaaS platform provider MPO. Background. Customers span not only Europe but North America.