Supply Chain Shaman

FEBRUARY 11, 2014

My journey to understand supply chain Metrics That Matter started three years ago. We are currently mapping the progress of all public manufacturing, distribution and retail companies on three factors: Strength: Year-over-year improvement on operating margin and inventory turns for the past six years. How do you balance metrics ? .

Metrics 283

Metrics Optimal Sourcing Manufacturing Procurement Inventory Reduction 283

Synovos

OCTOBER 30, 2023

In one case, a long-time packaging manufacturer changed its reporting structure, putting in place a new manager responsible for the MRO supply chain. There are 14 other sites that receive procurement support. Inventory Reduction This metric is defined as a reduction in the total value of inventory listed in a single storage location.

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

Supply Chain Shaman

SEPTEMBER 28, 2022

As a result, companies are writing new case studies through their actions or inaction. In this volatile world, efficient procurement led by a CFO is not the answer. The manufacturing-centric company is used to strangling suppliers and demanding terms. Performance of Manufacturers and Distributors During the Pandemic.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Supply Chain Shaman

FEBRUARY 18, 2021

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Over time, this changed.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Logistics Viewpoints

JUNE 29, 2023

By fostering collaboration across all stakeholders, including suppliers, manufacturers, and logistics providers, companies can enhance visibility, streamline processes, and proactively address disruptions. Make to Order: Here, products are manufactured based on specific customer orders.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

ToolsGroup

SEPTEMBER 25, 2019

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. BOSTON, Mass. and HOUSTON, Tex.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

QAD

SEPTEMBER 22, 2021

This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement. It has proven to be particularly useful for companies in the manufacturing space.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency.

Supply Chain Planning Software 217

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

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

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. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability. What did we find?

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

Forty interviews and two quantitative studies helped me build the model in my mind. Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Organizations can align to drive value despite the allegiance to functional metrics.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During In our program, cost avoidance, while desirable, does not count towards the metric. Our approach simply breaks accountabilities and goals across the areas of Manufacturing, Logistics/Network Optimization and Ingredients/Packaging. What have you learned?

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

QAD

JUNE 6, 2023

Many companies believed collaboration should occur amongst sales forecasting, operations planning and procurement planning teams. Many manufacturers today still use past decision-making methods, which is a disconnected model that leads to critical departments, like finance and operations, being isolated from one another.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Planning Scenario Planning S&OP 94

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. Some want to know: Are the benefits really worth the trouble? Is the juice worth the squeeze?

Waste Reduction 88

Waste Reduction Material Savings Resource Reduction Price Reduction 88

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Shaman

OCTOBER 1, 2013

Both companies provide packaging materials to the food manufacturing industry. Food manufacturers, over the course of the last decade, have pushed costs and waste backwards in the supply chain. billion company, manufactures glass containers with headquarters in the Midwest. It cannot be about singular metrics.

Illinois 251

Illinois Waste Reduction Supply Chain Planning Software S&OP 251

Supply Chain Shaman

JULY 12, 2022

Daily, we see business continuity case studies as headline news in the Wall Street Journal. To make the point, let us start with a discussion on Consumer Products manufacturing. The focus needs to move from functional metrics to balanced scorecard outcomes. For example, a “buy plan” for procurement.

Supply and Demand 217

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 217

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” The data in Table 1 is from a recent research study. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2.

Supply Chain Design Software 183

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

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

IQMS

JULY 11, 2019

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

SCMDOJO

DECEMBER 14, 2023

Studies say that 25% of customers won’t buy something unless it can be shipped in two days or less. In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Time is really important in business.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

Supply Chain Shaman

JUNE 6, 2013

In research study after study, we see that the greatest challenge to achieving supply chain excellence is the understanding of the supply chain by the leadership team. Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. They lack cohesion.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 278

Supply Chain Shaman

NOVEMBER 9, 2014

“I study supply chains. In our work, we tie research from quantitative and qualitative studies to financial results to drive new insights. Proudly, I had led my division to have the lowest manufacturing costs with the highest Return on Assets. .” I walked to the center of the stage, looked stage left and continued.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Supply Chain Shaman

JUNE 16, 2014

I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. They also enable the evaluation of networks for both sales and procurement relationships to optimize the flows upstream and downstream. And, in our Digital Manufacturing Study.

Supply Chain Design Software 286

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 286

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

CormSquare

JANUARY 10, 2017

Subsequently, procurement tends to be an afterthought, when it should be approached strategically! Small businesses spend between 40% – 65% of sales revenue on procurement of inputs. Following are the 5 strategies that can help SMEs in nearly any phase of their procurement efforts. Improved Internal Procurement Processes.

Resource Reduction 50

Resource Reduction Cost Reduction Strategies Price Reduction Inventory Reduction 50

Supply Chain Shaman

JUNE 3, 2013

It was funded by 50 large consumer products manufacturing companies (CPG). In the dawn of e-commerce, conservative manufacturers, anteed up $240 million in four months. In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The stories border on the ridiculous.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 253

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. Digital manufacturing is also a disruption. I was wrong.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

SCMDOJO

AUGUST 16, 2023

This case study aims to delve into the significance of supply chain capability for enhancing a company’s competitiveness and how it serves as a competitive advantage for companies. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). At Rockwell this includes all processes end-to-end except for manufacturing.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

4WL Consulting

JULY 8, 2015

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.”

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Optimal Sourcing 100

Enterra Insights

JULY 27, 2021

He explains, “The circular economy aims to eradicate waste — not just from manufacturing processes, as lean management aspires to do, but systematically, throughout the life cycles and uses of products and their components. Simulate the CO 2 footprint of the plan through procurement, production, and transport. ” Implement.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 100

Kinaxis

SEPTEMBER 23, 2015

Analysts have also long-discussed how automated manufacturing has replaced middle-class domestic manufacturing jobs. Scientific American recently reported on a University of Oxford study that estimated that 702 occupations, or a staggering 47% of U.S. workers’ jobs, will be threatened by automation.

Supply Chain Software 100

Supply Chain Software Buyer Training Price Mitigation Strategies Training 100