Supply Chain Shaman

JULY 19, 2020

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question. Here, in this blog, I explain.

Supply Chain Design Software 387

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 387

Silvon Software

JULY 22, 2022

Supply chain performance KPIs are invaluable measurements that support the growth and success of a company’s supply, fulfillment and delivery efforts. Why is KPI tracking so important in supply chain management? But more importantly, significant supply chain improvements can occur as a result.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Unleashed

APRIL 18, 2023

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Supply Chain Shaman

JUNE 29, 2021

Each year, we compile a list of top-performing Supply Chains, termed the Supply Chains to Admire. This week, while all my friends are on vacation, I am writing the final report for the Supply Chains to Admire. Our goal is to continually redefine the definition of supply chain excellence.

Supply Chain Planning Software 368

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 368

Supply Chain Shaman

APRIL 9, 2021

We stubbed our toe in supply chain management at the beginning of the decade. Facing The Issues of Supply Chain Performance. As I work through this year’s Supply Chains to Admire , I cannot help but shake my head. The black veil of the pandemic is a supply chain wake-up call to build better.

Supply Chain Planning Software 349

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

QAD

JUNE 25, 2019

The effective use of a manufacturer’s inventory investment is an important determinant of the company’s success. Excess and obsolete inventory is a drain on resources, as is excessive safety stock. Managing an Inventory Investment. Managing an Inventory Investment. Using Metrics to Measure the Health of the Business.

Procurement Analytics 105

Procurement Analytics Metrics Inventory Reduction Inventory 105

Supply Chain Shaman

OCTOBER 16, 2023

Let me start by saying that t he process is not a panacea to solve all supply chain ills. Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver.

S&OP 309

S&OP Supply and Demand Forecasting Supply Chain Design Software 309

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

Supply Chain Shaman

MARCH 21, 2024

Supply Chain Planners Analogous to Secretarial Pools? In my forty years of studying supply chain planning, the groups became larger, but with questionable results. We sidestep vacuous terms like digital supply chain and attempt to measure and redefine flows based the redefinition of planning. The So What?

Inventory Reduction 376

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 376

Logility

AUGUST 7, 2017

Wait, it’s not spring; but does that mean you have to wait another eight months to review your supply chain? Often, it becomes necessary to reevaluate how supply chain performance is measured to ensure healthy operations. Ask yourself, “Are your supply chain metrics bogging you down?”

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Valogix

MAY 1, 2023

But they fall short of providing inventory optimization and rationalization. Achieving a well-balanced, efficient inventory is no small task as supply chain complexity is ever increasing. Inventory planning uses a wide range of variables and metrics, which generally include: How do you get there?

Metrics 52

Metrics Inventory Supply Chain Planning Software SAP 52

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. How do you calculate Average Inventory?

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Inventory Turns and Sales-to-Inventory Ratio.

Manufacturing Procurement 86

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 86

Supply Chain Shaman

JANUARY 2, 2024

As I wrote, I reflected on the Generative AI hype cycle in the supply chain market and the contribution to noise. I questioned in this time of uncertainty if supply chain leaders will value data-driven content. Conventional wisdom centers on the use of enterprise data to make the supply chain more efficient.

Gartner 266

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 266

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

Supply Chain Shaman

FEBRUARY 26, 2024

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. The layers of the outside-in process surround the traditional supply chain planning applications shown in blue.

Modeling 204

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 204

GlobalTranz

APRIL 25, 2016

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Isn’t time important?

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Logistics Viewpoints

FEBRUARY 15, 2023

There are numerous indications that supply chain is more critical than ever. Results from The Conference Board’s C-SUITE OUTLOOK survey showed supply chain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs.

Supply Chain Planning 198

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 198

Logility

AUGUST 18, 2023

In today’s rapidly evolving marketplaces, businesses need every advantage they can secure — and often, that edge lies in the effective alignment of executive leadership with supply chain operations. So, how can companies overcome these obstacles and use supply chain operations as a strategic tool?

Supply Chain Performance 188

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 188

Logistics Viewpoints

OCTOBER 12, 2023

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Michael Balint at Solvoyo and looks at the fresh produce supply chain. To read the article, click HERE.

Supply Chain Design Software 228

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 228

Supply Chain Shaman

SEPTEMBER 3, 2018

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. According to my research, top-performing supply chains possess three very different qualities.

Supply Chain Planning Software 304

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Logistics Viewpoints

FEBRUARY 21, 2022

Supply chain management has been in the news. But the intricacies of supply chain management are beyond the grasp of most. One key solution used to help manage complex supply chains is supply chain planning (SCP). Supply chain planning is a complex solution.

Supply Chain Planning Software 257

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 257

Kinaxis

JUNE 22, 2015

by Andrew Dunbar Over the last several weeks, this blog series on Inventory Management has explored the objectives and roles of inventory managers and outlined several of the improvement levers available to them. The metrics you choose should answer the questions your organization is asking, without requiring additional analysis.

Metrics 100

Metrics Inventory Reduction Inventory Inventory Management Software 100

Logistics Viewpoints

OCTOBER 26, 2023

As an engineer, former solutions architect and now CEO of a leading supply chain technology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. What’s more, today’s supply chains operate at lean levels.

Supply Chain Planning Software 200

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 200

Logistics Viewpoints

FEBRUARY 16, 2021

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. What is supply chain visibility?

Supply Chain Visibility 284

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 284

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logility

AUGUST 25, 2020

A quick scan of the Internet will yield a long list of “the biggest-ever supply chain disasters”. in inventory write-down and 20% drop in stock value. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Supply chain cost per unit sold.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

ToolsGroup

JUNE 6, 2023

Teaming up with ToolsGroup, the Italian frozen seafood company chooses AI to advance its supply chain processes and guarantee a superior consumer experience. D.I.MAR holds itself to the highest standard when it comes to the quality of our products,” said Alessandro Evandri, Supply Chain Manager. “We

ToolsGroup 156

ToolsGroup Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 156

The Logistics & Supply Chain Management Society

MAY 28, 2022

Megatrends Shaping Supply Chain Innovation. While the COVID-19 pandemic woke up supply chains around the world, the ripple effects continue to disrupt in both size and scope. How are supply chains planning for further disruption and uncertainty? Creating a more resilient supply chain.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. Remember that you can update your KPI selection at any time, so remain open to replacing ineffective metrics.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 83

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 83

Logility

AUGUST 15, 2023

Smarter, Not Harder: How to Climb Every Peak in Supply Chain Planning Supply chain planning is like a grand mountaineering expedition. But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. Take, for example, PVH.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. They represent distinct facets of the broader logistics and operations landscape.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. They represent distinct facets of the broader logistics and operations landscape.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. The takeaway for September was that global manufacturing activity officially fall below the 50.0

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193