Remove Inventory Remove Metrics Remove Procurement Remove Tennessee
article thumbnail

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics.

article thumbnail

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs. Note that while the company drove improvement in margin, there is underperformance in inventory turns.

Gartner 239
Insiders

Sign Up for our Newsletter

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

article thumbnail

Hitendra Chaturvedi’s Reality Check

Resilinc

There are a lot of hard-headed realists in the procurement and supply chain profession. Chaturvedi: So far this year, Ohio, Arizona and Tennessee have seen the most job announcements associated with reshoring. plastics manufacturer who said that his company would require its supplier to report sustainability metrics on a scorecard.

article thumbnail

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

When it is not in motion, it is classified as inventory. 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. But this took time – we had to “defrag” our supply chain, and eventually I learned we had 59 days of inventory.

article thumbnail

25 supply chain experts reveal the best tactics to optimize a supply chain

6 River Systems

William Crane, Founder & CEO of IndustryStar Solutions , is an entrepreneur and experienced executive in supply chain with demonstrated results starting, launching and enhancing procurement, logistics, supplier quality and manufacturing companies globally. He believes that automation will make jobs easier, not obsolete. Warehousing.