Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Nine times out of ten improving customer service requires different management of the budget cycle and a rethinking of financial planning. Background. The supply chain is a complex non-linear system.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

TransAudit

DECEMBER 13, 2023

Teams must fully understand the concept and goals, and be equipped with the tools to enact change. Network Design Today’s supply chain networks optimize for linear material flows. Network design needs to evolve to handle distribution and collection, allowing product recovery to eliminate waste and reuse products.

Supply Chain Design Software 87

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 87

Supply Chain Shaman

MAY 13, 2015

I knew nothing about the world of logistics, inventory management and order optimization. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. I think that changing this picture requires intentional design. The year was 1985.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Supply Chain Shaman

MARCH 18, 2018

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 173

Supply Chain Shaman

OCTOBER 25, 2021

Container inventory is imbalanced. Manage Make, Source, and Deliver Together. Fourteen of twenty-eight industries have rising inventories. Change internal metrics to a balanced scorecard and force the functions to work better together. The design, and redesign, of supply chains needs to be continuous based on market data.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Shaman

OCTOBER 25, 2021

Container inventory is imbalanced. Manage Make, Source, and Deliver Together. Fourteen of twenty-eight industries have rising inventories. Change internal metrics to a balanced scorecard and force the functions to work better together. The design, and redesign, of supply chains needs to be continuous based on market data.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Supply Chain Shaman

JANUARY 14, 2013

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. The argument that I want to make here is that the supply chain problem has changed, but we are implementing the same old technologies without stopping to realign against new goals. You got it!

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. This includes, for instance, tackling stock errors, damaged inventory, and demand miscalculations, leading to improved operational performance and cost savings.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp.,

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Supply Chain Shaman

AUGUST 11, 2015

The rising complexity of items sold decreases the organization’s ability to forecast, and the longer lead times across multiple tiers of sourcing and supply, increases the bullwhip impact (distortion of the demand signal across multiple tiers of the value network). Technology has not caught up. This increases risk.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 150

Supply Chain Shaman

OCTOBER 8, 2017

If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. I worked for a software company for almost a decade and implemented demand management solutions in the 1990s for multiple companies.

Supply and Demand 158

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 158

Supply Chain Opz

JANUARY 29, 2020

Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. Books We Recommend - Purchasing Book - Six Sigma Books - Operations Management Book - Inventory Control Book - Lean Books - International Business Book Last review and update: January 30, 2020

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

Supply Chain Shaman

JULY 19, 2015

In most ‘benchmarking activities’, self-reported data is the most common source. However, for elements like forecast error, customer service and slow-moving inventory self-reported data is not sufficient. 4) Best Forecasters do not Have the Best Inventory Results. This is one element of inventory.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

DynaSys

FEBRUARY 3, 2021

Understand their sources of income. For example, suppliers heavily invested in entertainment or travel-related service sectors may have issues, as may aerospace tier suppliers. You also need to assess quickly where the marketplace will be after any run on inventory” according to Pat Bower, Director of Demand Planning at Combe.

Modeling 97

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 97

Locus

DECEMBER 16, 2021

While the top apparel and accessory brands agree that product quality should get better with time, inventory priorities are always fluctuating. Only a modern and digital supply chain that is ever-evolving can manage the product quality, inventory volume, and fashion supplier relationships that the industry requires. Share and Enjoy !

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 52

Supply Chain Shaman

MAY 21, 2013

The most common reporting relationship in the supplier organization is to a leader of supply (focus on logistics, distribution, materials sourcing and customer service). The focus has been on sourcing and managed costs. They lack the greater understanding of planning and value network design.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

Logistics Viewpoints

JULY 18, 2022

In particular, Ferguson’s supply chain is built for speed and to provide high service levels. The company sources goods from 34,000 suppliers out of 30 nations. Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. The company uses a network design tool from Coupa.

Supply Chain Design Software 223

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 223

Arkieva

JANUARY 20, 2017

The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Right Source. Right Service. Transportation strategy and tactics must support Lean inventory strategies. Recognizing All Your Wastes: Using The ‘8 Rights’.

Optimal Sourcing 60

Optimal Sourcing Waste Reduction Agile and Lean Supply Chain Inventory Reduction 60

Supply Chain Shaman

AUGUST 14, 2016

The definition: an adaptive network focused on a well-defined value-based outcomes. The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. Customer-Centric Supply Chain Processes.

Material Savings 189

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 189

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Was this by design? A Case Study. My answer is no.

Procurement Analytics 349

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 349

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.

Supply Chain Design Software 234

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 234

Supply Chain View from the Field

MAY 31, 2013

They are saying “we need to down the analytics platform, and define the roles and responsibilities of that area.”. analytics group noted that a lot of what they had done was in constraint management and inventory and demand. It is viewed as “putting the platform out there and making it easy for people to create their own analytics.”.

Analytics Software 74

Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics 74

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. More time and energy is spent on forecasts to reduce inventory that is no longer in use. Ethical sourcing of goods.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

NC State SCRC

DECEMBER 8, 2019

When it is not in motion, it is classified as inventory. Philosophy: What approach to supply chain fits the industry, culture, time, technology, capabilities and objectives of your organization? . My first Monday in, I asked for a full report of all our supply chain metrics, and my analyst told me he could get it to me by Friday.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 52

Supply Chain Shaman

APRIL 7, 2016

On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. I am not quite sure. It evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supply chain–takes longer to recover. Each requires design and fine tuning.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 297

NC State SCRC

FEBRUARY 12, 2017

The linkages between the enterprise and local teams are very tight, to ensure that functionally unique applications are inventoried centrally so all parties can leverage these tools. This includes setting direction for how the company will use emerging technologies (e.g.,

Analytics Software 40

Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Design Software 40

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supply chain–takes longer to recover. Each requires design and fine tuning.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. While we will recover quickly in retail (moving from painful shortages to a glut of inventory), the chemical industry–sitting four and five layers back in the supply chain–takes longer to recover. Each requires design and fine tuning.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. My goal is to understand the impact of technologies and processes. Today, we have a number of burning platforms. They are slow to adapt.

Supply Chain Design Software 288

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 288

Supply Chain Game Changer

NOVEMBER 14, 2018

Trucks, Ocean Freighters, Planes, Rail, and Vehicle transportation all consume energy in the provision of their services. Those decisions will certainly determine levels of carbon footprint creation and environmental impacts in the provision of goods and services. Supply Chain Carbon Footprint Reduction. Reduce carbon emissions.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

Supply Chain Shaman

OCTOBER 7, 2012

For the purpose of this discussion, I define agility as the design of the supply chain to deliver the same cost, quality and customer service given a level of both market volatility and process variability. It requires design. Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP?

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

Supply Chain Shaman

JUNE 26, 2016

The combination of technology along with the advancements in transportation made it possible. The winners drive improvement while posting financial results in the Supply Chain Metrics That Matter ahead of the peer group. Inventory Turns. However, globalization comes with responsibility. Operating Margin.

Supply Chain Design Software 203

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 203

Talking Logistics

JANUARY 7, 2016

You can use modeling technology to accurately identify and quantify potential supply chain risks and their corresponding costs, and develop mitigation strategies through scenario optimization and advanced analytics to build resiliency into your operations. Understanding the Resiliency of Your Network.

Modeling 70

Modeling Supply Chain Design Software Supply Chain Design Modeling Software 70

BlueYonder

DECEMBER 18, 2013

Here, Gai emphasizes the critical need to find the right services partner to supplement your internal team — accelerating and maximizing the results of all your supply chain improvement initiatives. For example, the team needs to include technical specialists who can make the best hardware and software choices. And the list goes on.

Network Design Software 58

Network Design Software Logistics Network Optimization Software Supply Chain Design Software Optimal Sourcing 58

Supply Chain Shaman

JUNE 29, 2015

In our research for the book Supply Chain Metrics That Matter , we find that this is the case for 90% of companies. While companies want to improve costs and inventory, most are going backwards. While many consultants will wave their hands and promise improvements in costs and inventory through projects, take pause.

Supply Chain Design Software 150

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software S&OP 150

Logistics Bureau

OCTOBER 31, 2016

Customer Service. There can be few companies today that don’t see customer service as a business fundamental, but did you know that it’s actually one of the most important supply chain basics too? On the other hand, progressive companies have learned how to leverage their supply chain as a customer service enhancer.

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40