Remove Inventory Remove Metrics Remove Supply Chain Performance
article thumbnail

Step Past AI Hype Drive Real Value

Supply Chain Shaman

Yawn and walk on if the answer is i mproving demand error or reducing inventory levels. On December 5th, Supply Chain Insights is hosting a small event at Georgia Tech to share the results of a two-year research effort to connect financial metrics by industry to supply chain performance to drive value.

article thumbnail

Toilet Paper Shortages, Empty Shelves, and Panic Buying: Just How Bad Did the Grocery Supply Chain Perform in 2020?

Logistics Viewpoints

A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. The company provides demand and inventory planning solutions based on a public cloud architecture. I look forward to this study every year.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Optimize Fulfillment with Unified Data

Logistics Viewpoints

These steps include sourcing and receiving inventory, storing inventory, order processing, picking and packing an order, shipping the order, and returns management. Factors like planning tools, inventory management, demand patterns, and innovations in technology contribute to the success or failure of fulfillment optimization.

article thumbnail

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Is cost reduction all that there is in measuring Supply Chain performance? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. Review Inventory turns and Return on Assets.

article thumbnail

The Case for Real-Time Perpetual Inventory Signals in Manufacturing

ToolsGroup

But then, supply chain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy.

article thumbnail

Supply Chain Efficiency: A Deep Dive into the Core Drivers

RFgen

As companies across industries have discovered, a well-optimized supply chain can drive significant improvements throughout their operations. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. This post delves into the core drivers of supply chain efficiency.

article thumbnail

How Cross-Functional Training Transforms Supply Chain Performance

Procurement Academy

According to Deloitte Insights , 83% of digitally maturing companies use cross-functional teams to improve supply chain performance. Of course, the right training is key to the success of such initiatives, and can have a measurable impact on supply chain performance.