Supply Chain Shaman

MARCH 18, 2018

The traditional supply chain leader focused only on cost reduction. Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. Ironically, most companies are very entrapped in measuring and rewarding functional metrics which degrades overall improvement. Sounds good? Think again.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 171

Supply Chain Shaman

JUNE 19, 2018

This afternoon, I poured myself a cup of tea to pen congratulation emails to the Supply Chains to Admire award winners. In the calculation of winners, we measure improvement through a vector analysis of orbit charts at the intersection of inventory turns/operating margins and growth/ROIC. Supply Chains to Admire Award Winners.

Gartner 209

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 209

Supply Chain Shaman

OCTOBER 5, 2018

At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years. Supply Chains to Admire Methodology.

Case Study 261

Case Study Inventory Reduction Agile and Lean Supply Chain Study 261

Supply Chain Shaman

JULY 22, 2019

I feel that topic of supply chain management is analogous to the downward cycle of the news channels. What Drives Supply Chain Excellence? I analyze supply chain management. The broader the definition of end-to-end strategy and the alignment of supply chain processes drives value.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 253

Unleashed

APRIL 29, 2024

Work in process (WIP) inventory is typically found in manufacturing environments where goods undergo various stages of processing before being sold or used. Tracking WIP inventory is important for monitoring production efficiency, identifying bottlenecks, and managing costs within the manufacturing process.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Inventory Expense Reduction 52

Supply Chain Game Changer

AUGUST 21, 2022

Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Logistics plays a critical role in a company’s supply chain. Subscribe Here! Email Address.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

SCMDOJO

JUNE 14, 2023

As supply chain professionals, we must understand the role of Effectiveness & Efficiency in Supply Chain Optimization But while you may have already implemented changes, you feel like there’s still something missing to decrease your cost. Having supply chain visibility is crucial for several reasons.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Planning Software Supply Chain Planning Supply Chain Software 92

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

SCMDOJO

JUNE 6, 2023

In today’s fast-paced business world, optimizing your supply chain is essential for staying competitive and efficient. With the right supply chain tools at your disposal, you can streamline operations, boost productivity, and save valuable time.

Supply Chain Planning Software 89

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

Elementum

AUGUST 31, 2022

The supply chain management process is comprised of a number of steps, which can usually be organized into five categories: Planning and forecasting Sourcing and procurement Manufacturing Logistics Handling returns As demonstrated by the recent food supply chain issues , a failure in one area can lead to disaster.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 78

Supply Chain Shaman

MAY 22, 2013

This week, Gartner is hosting their annual supply chain conference. It is now the Gartner Supply Chain Top 25. The research tries to establish “ who did supply chain best ” by looking at a weighted formula of Year-over-Year Growth, Return on Assets (ROA), and Inventory Turns for the Fortune 500 companies.

Gartner 253

Gartner Pharmaceutical Supply Chain Chemicals 253

Elementum

AUGUST 3, 2022

An excellent supply chain management process helps businesses avoid costly refunds and lawsuits. The supply chain management process controls and reduces costs and avoids supply shortages. In this article, we will look at how supply chain management works and what the process looks like.

Supply Chain Design Software 78

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

American Global Logistics

SEPTEMBER 12, 2023

Supply chain management plays a crucial role in the success of businesses across industries. This article explores the importance of innovation in supply chain management and highlights key areas where innovation can revolutionize traditional practices.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Supply Chain Shaman

MARCH 19, 2014

You are pissy and opinionated in this world of supply chain blandness. The term supply chain excellence is easier to say than define. I have been trying to define it as a supply chain analyst for over fifteen years. The Supply Chain Index. I find it refreshing.” I could taste it.

Gartner 316

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 316

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

BR Williams Supply Chain Management

MARCH 31, 2022

Reduce Supply Chain Costs. With warehouse management systems in the supply chain, businesses go from struggling with consumer demands and hidden bottlenecks to flourishing in sales and expanding with new business strategies. Advantages of warehousing in supply chain management. Inventory Visibility.

Cost Reduction Strategies 98

Cost Reduction Strategies Supply Chain Planning Software Material Savings Waste Reduction 98

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially.

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

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. The reason?

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

BlueYonder

APRIL 9, 2024

The company’s Sail ’27 mission is the second iteration of a plan to “brew for a better today and tomorrow,” plotting a roadmap for a future based on the concept of zero: Zero carbon footprint, zero farming footprint, zero packaging waste, zero water waste, zero irresponsible drinking, and a zero-accident culture.

Optimal Sourcing 101

Optimal Sourcing Sustainability Material Savings Waste Reduction 101

Supply Chain Shaman

AUGUST 11, 2014

Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We named it the Supply Chain Index. We have found that supply chain metrics are gnarly and complicated.During Background on the Supply Chain Index.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Supply Chain Shaman

OCTOBER 8, 2019

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

ShipBob

JULY 2, 2021

With on-demand logistics on the rise (due to high standards and expectations around accurate, fast, and reliable delivery), technology continues to play a tremendous role in supply chain efficiency. 5 supply chain technology trends to look out for. Traditional inventory forecasting relies primarily on historical data.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

Logistics Bureau

JULY 18, 2017

If you’ve heard about the opportunities and benefits that warehouse performance benchmarking can put within reach of your supply chain organisation, you might understandably be keen to get a benchmarking project under way. Some Common-sense Warehouse Benchmarking Metrics. Correctly packaged in the right quantity.

Benchmarking 41

Benchmarking Supply and Demand Metrics Warehousing 41

ThroughPut

DECEMBER 6, 2023

Supply chains used to live in the past. Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.”

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. This monthly newsletter observes one or two important macro trends through the lens of Supply Chain Management. We review how those trends are likely to impact Supply Chain and what leaders can do to adjust. How could Stagflation impact Supply Chain?

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Unleashed

JANUARY 10, 2023

Supply chain planning is the key to coming out on top. Optimising your supply chain processes will give your business the best chance at thriving in a competitive landscape. In this supply chain planning guide: What is supply chain planning? And it all starts here.

Supply Chain Planning Software 52

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

PINC

AUGUST 3, 2020

and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. Supply chain complexity is increasing as customers demand a wider selection of products, a broader choice of channels, and more promotional offers. McKinsey & Co.,

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Enterra Insights

JULY 27, 2021

They explain, “It is widely accepted by now that the ‘normal’ supply chains of material use — producing materials, using them, and then discarding them into landfills, other countries, or rivers and seas — are wasteful and damaging to the environment. The Way Ahead for the Circular Supply Chain.

Supply Chain Design Software 100

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

Supply Chain Shaman

SEPTEMBER 17, 2014

Last week was the Supply Chain Insights Global Summit. 110 supply chain leaders attended. In preparation for the summit, we readied the final report of the work on translating balance sheet results into a methodology to judge Supply Chain Excellence. Supply Chain Design. Aligned Metrics.

Optimal Sourcing 303

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 303

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. As a goal, it is easier to say than to define.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

JULY 3, 2017

When I engage with supply chain leaders , I ask the question, “Are you making progress?” It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. The supply chain is a complex, non-linear system. Most are treading water.

Inventory Reduction 157

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 157

Supply Chain Shaman

JUNE 21, 2014

This week, I will speak at Llamasoft’s conference on improving supply chain network design. One of the reports that I am writing is on the state of Supply Chain Planning (SCP). In the recent study of the Voice of the Supply Chain Leader , we find that the gaps are large, and growing.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

Logistics Viewpoints

FEBRUARY 2, 2024

Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. export regulations led to supply chain disruptions. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5 After registering a 9.3

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Supply Chain Shaman

OCTOBER 1, 2013

Both companies provide packaging materials to the food manufacturing industry. Owens Illinois provides glass products and Sonoco Products provides flexible packaging. They were unclear on their supply chain strategy and the role of supply chain planning. It cannot be about singular metrics.

Illinois 252

Illinois Waste Reduction Supply Chain Planning Software S&OP 252

Vinculum

SEPTEMBER 14, 2022

Retail organizations across the globe are implementing supply chain management systems to control the movement of inventories and maintain product quality. Effective implementation of supply chain management helps to differentiate various terms of delivery along with the service offerings.

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Retail 52