Remove Inventory Remove Manufacturing Remove Policies Remove Washington
article thumbnail

Pushing the Supply Chain Reset Button

Supply Chain Shaman

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. We can no longer assume that government policy is rational, variability is low or logistics are available. These core assumptions are no longer true. This reset is not an evolution.

article thumbnail

Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

My Lessons in Interviewing Supply Chains to Admire Award Winners

Supply Chain Shaman

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.

article thumbnail

Ten Supply Chain Predictions for 2023

NC State SCRC

Inventory will remain bloated for the first half of 2023, – and supplier relationships will be tested. These kinds of behaviors by buyers will come back to bite them in the future… Despite having more inventory – we won’t stop having shortages. Inflation is indeed going down slowly– but not as fast as the markets would like.

article thumbnail

Do We Need Just-In-Case Supply Chains?

Enterra Insights

We’re going to decouple completely from China, dramatically cut back on sourcing from other countries, and bring manufacturing back to America, right?”[1] ” He continues, “Fast forward to today, JIT has morphed into lean manufacturing with its resulting organizational streamlining. economy and American society.

article thumbnail

The Strategic National Stockpile that Failed Us

NC State SCRC

i] As the virus spread more quickly in Washington State, New York, San Francisco, and New Orleans, the administration quickly realized that the coronavirus would not be “magically going away.”

article thumbnail

How to Fulfill Orders When You Don’t Have Enough Product to Meet Demand

MIT Supply Chain

In the first stage of the pandemic, many automotive manufacturers reduced their orders, anticipating a downturn in vehicle sales. The management team prioritized full-sized trucks over small trucks because the larger vehicles were both more profitable and had smaller retail inventories. limit two cartons of eggs”).