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. For example, in manufacturing, the shift in focus is away from OEE to focus on first pass yield and schedule adherence.)
Supply Chain Shaman
SEPTEMBER 28, 2022
The company needs to focus on the design of flows, building outside-in processes, creating an effective supplier development group, reducing complexity, and driving bi-directional orchestration to a balanced scorecard. The manufacturing-centric company is used to strangling suppliers and demanding terms. So, you might ask, why?
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Supply Chain Shaman
MAY 1, 2023
The use of descriptive analytics along with agile planning techniques (what-if analysis, discrete event simulation, and network design) helped. The key is to align these product flows with the efficient supply chain flows to minimize cycle stock in manufacturing and maximize transportation assets. I hope this helps.
Supply Chain Shaman
NOVEMBER 21, 2023
I worked three layers down in the organization for a well-established leader in manufacturing named Dan. Dan had a very manufacturing view and Fred focused on logistics. His goal was to separate manufacturing and distribution inventories to improve his bonus incentives. The metrics were not aligned. You have to do so.
Supply Chain Shaman
APRIL 18, 2023
For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. I don’t care what you call it, but network design, what-if analysis, simulation and digital twin approaches grow in importance.) Tougher than most understand. Companies participating get a copy of the results.
Supply Chain Shaman
JANUARY 8, 2024
No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. Think about physical network design. Most companies do not actively design flows.)
Logistics Viewpoints
FEBRUARY 21, 2022
A network design model figures out where factories and warehouses should be located. The key solutions are demand forecasting/inventory optimization, supply planning, and network design. The key solution for this is network design. Supply and network design models are constraint-based models.
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