Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

OptiProERP

APRIL 9, 2024

Integration with inventory management systems is crucial to accurately confirm product availability and delivery timelines. Use dashboard reporting and analytics tools to track performance metrics in real-time and identify areas for improvement. Order Management Once a quote is accepted, it transitions into an order.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. Coming off a period of high growth, companies are struggling with margins and inventory. See the pattern?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

RFgen

JUNE 30, 2023

Gone are the days of paper inventory tracking and manual data entry. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. It’s also critical to your inventory management strategy. Case Study: NFPC Enhances ERP to Gain 99.9%

Inventory Management Software 76

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 76

Supply Chain Shaman

MARCH 18, 2018

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.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

Supply Chain Shaman

OCTOBER 22, 2015

The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Companies invest in project after project, yet inventory levels remain the same. The Business Problem. The analogy is weight loss.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Inventory Supply Chain Planning Software 150

Logistics Viewpoints

JUNE 26, 2023

The goal was to take data directly out of disparate source data systems including different versions of SAP and different types of supply chain planning, and then quickly assemble a common data model. The algorithms generate recommendations on optimal ways to rebalance inventory based on cost and service level impacts.

Supply Chain Planning Software 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. The technology group wanted to implement SAP IBP, and the business leaders were resistant. Reward teams for cross-functional metrics.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Supply Chain Shaman

FEBRUARY 14, 2022

At the time, DuPont, now acquired by DOW, boasted externally on internal adherence to SAP standardization for decision support. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Industries carried on average 32 days more inventory in 2020 than in 2007. (I

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Aligned Metrics. What does an investment in SAP mean for a company?

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

Supply Chain Shaman

JUNE 7, 2018

When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. An orbit chart is a plotting of data at the intersection of two metrics. In this case, the metrics are operating margin and inventory turns. Question the Basics. This is not progress.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 223

Supply Chain Shaman

DECEMBER 17, 2018

Shell operates as a single-instance of SAP Enterprise Resource Planning (ERP). Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. What can often look like compliance in APO could actually be numbers calculated in Excel and posted into the SAP system.

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

Logistics Viewpoints

OCTOBER 25, 2021

Here “near real-time” is defined as a refresh of key metrics every five minutes. They use SAP as their ERP. Generating the analytics in SAP also would not work. Longbow Advantage’s main business has been doing warehouse management system (WMS) implementations. The real-time reporting of work was weaker than expected.”.

Real-time Visibility 173

Real-time Visibility Analytics Software Supply Chain Planning Software Demand Planning Software 173

Supply Chain Shaman

JULY 13, 2023

My first digital supply chain presentation was in Milan at an SAP Insider conference in 2012.) The high cost of inflationary inventories and the need to work down post pandemic working capital is a driver for companies to better use network data. Traditional planning taxonomies focus on the optimization of functional metrics.

Optimal Sourcing 326

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Planning 326

RFgen

JANUARY 23, 2023

Overview: What is mobile device inventory management? With so much information out there about inventory management best practices, it can be hard to determine what steps to take to make improvements. Mobile inventory systems are a proven “must-have” solution for enhancing materials management. bn through 2026. bn through 2026.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Modeling Software 52

RFgen

APRIL 20, 2023

OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? With the growing reliance on digital technologies and reliable data, Oracle Fusion Cloud SCM has emerged as a powerful platform, enabling organizations to optimize their inventory control practices.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

ModusLink Corporation

DECEMBER 13, 2022

Just-in-time inventory philosophies have fallen short and resulted in lost site supply for warehousing and distribution centers, and the post-COVID consumer is more conscious of their decisions. Stay Flexible With Multi-Location Inventory Management. How to Improve Your Multi-Location Inventory Management. Fulfillment.

Inventory Reduction 78

Inventory Reduction Resource Reduction Waste Reduction Material Savings 78

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain Shaman

APRIL 15, 2015

However, in the polling data in the APICS webinar, we found that over 70% of the respondents had deployed solutions from the ERP-expansionists (either SAP or Oracle). Today, SAP and Oracle have market share dominance; however, the data is clear. The SAP and Oracle analyst relations groups are big machines. It is uncomfortable.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Valogix

JUNE 1, 2023

As stated previously, most small businesses use an ERP system from companies like SAP, NetSuite and Microsoft. But they fall short of providing inventory optimization and rationalization. Understanding and using some basic financial and accounting methods with an advanced inventory optimization solution will help get you there.

Inventory 52

Inventory Metrics SAP Optimization Software 52

ThroughPut

MARCH 15, 2024

Are you losing money to inventory mismanagement? Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. For example, top reasons why ThroughPut.ai

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

Are you losing money to inventory mismanagement? Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. Based on the outcome chosen, key metrics can be identified to track the impact of AI, such as “order accuracy” or “warehouse throughput”. For example, top reasons why ThroughPut.ai

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

Supply Chain Shaman

OCTOBER 25, 2013

SAP touts “best-run companies” while the Accenture ads claim “ high-performance supply chains.” It is a quest and the subject of my next book, Metrics That Matter , that will publish in September, 2014. And, recently, Procter & Gamble is more focused on improving inventory turns. I shake my head.

Gartner 257

Gartner Supply Chain Strategy Supply Chain Software Supply Chain 257

Supply Chain Shaman

AUGUST 21, 2015

In addition, 85% of the vendors in the multi-tier inventory optimization market that I wrote about in 1995, are now part of larger platforms. Evolution of S&OP Options for SAP. I like what SAP is doing for SAP IBP. In many organizations, SAP is a planning system of record for hundreds and thousands of planners.

S&OP 150

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Design Software 150

Supply Chain Shaman

AUGUST 30, 2014

2) The focus needs to be on driving a balanced portfolio of metrics that goes across the organization. Team members need to be held equally accountable for growth, inventory, profitability, customer service, and forecast accuracy. Demand Supply Chain alignment inventory turns Sales and operations planning' Why It Matters.

S&OP 267

S&OP Supply Chain Planning Software Supply Chain Planning Forecasting Software 267

Supply Chain Shaman

MAY 17, 2015

Then it is off to Dallas to speak on Supply Chain Metrics That Matter at the Dallas CSCMP roundtable and complete some more client work. The supply chain is a complex system and these metrics are tightly linked in non-linear relationships. Figure 2: Supply Chain Effective Frontier. Figure 3: Defining Planning Architectures.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Software 150

Supply Chain Shaman

AUGUST 10, 2018

Improvement on the key metrics of growth, inventory turns, operating margin and Return on Invested Capital (ROIC) is elusive. Contractually, analyst work at existing companies must be reviewed by large software companies (primarily SAP and Oracle). Then it was sexy. Today, it is not. There is struggle.

Supply Chain Software 156

Supply Chain Software Supply Chain Modeling Modeling Software 156

Supply Chain Shaman

NOVEMBER 28, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As As a group, these metrics have the highest correlation to market capitalization. They include growth, inventory turns, operating margin and Return on Invested Capital (ROIC)). Inventory Turns. Improvement.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

ThroughPut

NOVEMBER 28, 2023

From keeping tabs on inventory levels and production schedules to orchestrating order fulfillment, managing transportation, and evaluating supplier performance – it’s your one-stop shop for tracking many events and activities. This magic isn’t confined to just one corner of your business.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

NOVEMBER 3, 2015

With new sales leadership, with the addition of Dale Erker and Robert McFarland (prior experiences selling software at IBM, JDA, Manugistics and SAP), I expect LLamasoft to become much more aggressive in selling network design capabilities to the global multinational. The Acquisition Is a Mixed Bag for the Inventory Management Market.

Supply Chain Design Software 0

Supply Chain Design Software Supply Chain Planning Software Network Design Software Supply Chain Software 0

Kinaxis

OCTOBER 17, 2014

Benji Green, director of global sales, operations and inventory planning, Avaya. Session Title: “Accelerating Vision to Value: Integrating Supply Chain Operations” Avaya has been on a 4 year transformation to create a Best In Class supply chain with industry leading On Time Ship, Inventory Turns, and Expense to Revenue ratio.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain San Diego 191

Elementum

FEBRUARY 7, 2024

It integrates deeply within business systems, allowing companies to manage inventory, oversee contracts, and refine production processes more effectively. Strategic implementation includes establishing a clear communication plan, setting performance metrics, and preparing the staff for the transition towards automated processes.

Cost Reduction Strategies 78

Cost Reduction Strategies Supply Chain Software Predictive Analytics Software Resource Reduction 78

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

The Logistics & Supply Chain Management Society

JULY 20, 2020

This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. Amazon’s supply chain heavily depends on the outsourcing of its inventory management. Oxford Economics and SAP (2020). Oxford Economics & Sap. billion (based on 2018 sales).

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Shaman

OCTOBER 29, 2014

The second generation of solutions were built and marketed by Enterprise Resource Planning technology companies like SAP and Oracle. It is tough for me to see that nine out of ten companies are stuck, and not making progress, at the intersection of operating margin and inventory turns. The book is a story.

Supply Chain Planning Software 309

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 309

Supply Chain Shaman

MARCH 8, 2016

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. While ToolsGroup and SAP (with the acquisition of SmartOps) are the nearest competitors, Terra prided itself on delivering better decisions through better math.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150