Supply Chain Shaman

MARCH 3, 2013

It was called multi-enterprise inventory optimization. In the beginning, the inventory management solutions of LogicTools , Optiant and SmartOps pushed to take operations research to a new level through supply chain optimization. SmartOps entered the supply chain optimization market in 2000 and became an SAP partner in 2006.

Supply Chain Planning Software 218

Supply Chain Planning Software Modeling Optimization Software SAP 218

Supply Chain Shaman

MAY 29, 2014

I just don’t think the comparison of very different industries in a spreadsheet based on growth, inventory values, and Return on Assets (ROA) is meaningful. The metrics of growth, Return on Invested Capital, Inventory Turns and Operating Margin have the highest correlation to market capitalization.

Gartner 303

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 303

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

Case Study 261

Case Study Inventory Reduction Agile and Lean Supply Chain Study 261

Supply Chain Shaman

SEPTEMBER 20, 2015

Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. SanDisk Corporation designs, develops and manufactures flash memory storage devices and software. The company is the third-largest manufacturer of flash memory in the world.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

JUNE 5, 2013

In 2006, they made a decision to implement a supply chain planning solution. Manufacturing is designed and planned in isolation. Integration with manufacturing systems to understand actual run times and Operating Efficiency (OEE). Focus on the level of inventory. Manufacturing. Tactical Supply. Little clarity.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 223

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. To help, in this post, we provide you with some insights for the period of 2006-2015. In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

JUNE 14, 2014

“The idea of the value chain is based on the process view of organizations, the idea of seeing a manufacturing (or service) organisation as a system, made up of subsystems each with inputs, transformation processes and outputs. ” Institute for Manufacturing, 2013. __. Tipping points are fascinating to watch.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 285

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). Ernest Nicolas joined Rockwell Automation in 2006. Meet Ernest.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

Supply Chain Shaman

JANUARY 28, 2015

In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

JULY 18, 2017

Let’s take a look at the world of the chemical manufacturer. As shown in Figure 1, the company has been unable to maintain balance on the portfolio of cost and inventory. Note that recent inventory progress is slipping against the improvements during the recession). So much so, I scratch my head. Cash-to-Cash improved 56.6%

Supply Chain Planning Software 204

Supply Chain Planning Software Chemicals Supply Chain Design Software Sourcing Strategies 204

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory. My takeaway?

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Supply Chain Shaman

DECEMBER 10, 2018

It was a strategy day in 2006. In 2006, Clorox was adding businesses through acquisition, expanding globally in both existing and new markets, moving into new distribution channels, and adding customers who required different route-to-market models. I remember the first discussion with Mark and Dave. Clorox Company Business Overview.

Inventory Reduction 170

Inventory Reduction Cost Reduction Strategies Waste Reduction Material Savings 170

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). Ernest Nicolas joined Rockwell Automation in 2006. Meet Ernest.

Supply Chain Software 30

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

Supply Chain View from the Field

AUGUST 28, 2013

Historically, businesses have used one of two extremes for inventory management: push-based or pull-based. Push-based inventory management uses demand forecast to manage inventory and replenish from the supply base. The pull-based method relies on the ability to replenish the “pulled” demand.

Vendor Strategies 76

Vendor Strategies Inventory Reduction Inventory Supply Chain Planning Software 76

Supply Chain Shaman

SEPTEMBER 4, 2017

These are mainly North American-based manufacturers, distributors and retailers.) For example, Johnson & Johnson spans multiple industries (pharmaceutical, medical device and household products manufacturing industries). Note that there is an inverse relationship between inventory turns and inventory targets.

Supply Chain Planning Software 172

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 172

Supply Chain Shaman

FEBRUARY 12, 2017

Note that neither company is making progress at the intersection of operating margin and inventory turns. The level of performance in 2015 is the same as 2006. Performance of BMS and Merck at the Intersection of Inventory Turns and Operating Margin. We also have strong manufacturing culture and high focus on “Lean” initiatives.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

Supply Chain Shaman

JANUARY 18, 2016

Manufacturers are Now Selling Directly to Consumers. Retailers can no longer have their heads in the sand, but neither can consumer products manufacturers. Note that apparel manufacturing is growing and apparel retail is declining. Manufacturers that want to have eCommerce capabilities are scrambling to catch-up.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Supply Chain Shaman

AUGUST 5, 2015

The report analyzes supply chain performance and improvement by the Consumer Products Leaders in the period of 2006-2014. In the selection of time frames to analyze, we look at the long-term view including the recessionary period of 2006-2009, the post recessionary period of 2009-2014 and the more recent time period of 2011-2014.

Agile and Lean Supply Chain 150

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain 150

Supply Chain Shaman

FEBRUARY 22, 2015

The more that I work on supply chain metrics, the more that I believe that both the SCOR model and the Gartner Hierarchy of Supply Chain Metrics (which I worked on for the period of 2006-2010) reward functional, not end-to-end supply chain behavior. I get called frequently to talk to supply chain leadership teams about inventory.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

Supply Chain Shaman

NOVEMBER 14, 2016

I followed his journey during the period of 2006-2011, and wanted to check in with him to gain his insights on the selection of VTech as a finalist in the Supply Chains to Admire research. Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Operating Margin. About VTech.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Kinaxis

SEPTEMBER 9, 2014

The “Top 15 Supply Chains to Admire” is the culmination of a two-year effort to evaluate supply chain performance and improvement for the years of 2006-2013 by industry by vertical for publicly-held companies.

Conference 150

Conference Gartner Supply Chain Planning Software Supply Chain Design Software 150

Supply Chain Shaman

JUNE 7, 2021

Companies entered the pandemic with twenty more days of inventory than at the beginning of the great recession. A balance sheet analysis shows that 95% of publicly traded manufacturers are stuck (when compared to peer group) at the intersection of growth and margin, margin and inventory turns, and Return on Invested Capital (ROIC) and growth.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

NOVEMBER 28, 2016

Shipping approximately 400 million selling units consisting of 700 million manufactured units per year, Carter’s employs about 4,000 employees at its peak. They include growth, inventory turns, operating margin and Return on Invested Capital (ROIC)). Inventory Turns. About the Supply Chains to Admire Research.

Supply Chain Design Software 195

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

SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). – Operational improvements (reduction of lead time, increase in productivity, and reduction in work-in-process inventory, etc.).

Six Sigma 85

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 85

Supply Chain Shaman

JULY 5, 2016

Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. Orbit Chart for Kimberly-Clark and P&G for the Period of 2006-2015. Orbit Chart of Colgate for the Period of 2006-2015. As the company spiraled in the updraft of the market, it built inventory.

Supply Chain Planning Software 150

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

Synovos

JANUARY 24, 2024

Founded in 2006, MSDUK is the UK’s leading supplier diversity advocacy organization working for inclusion of non-white ethnic minorities in corporate supply chains. By joining their network, RS Integrated Supply is able to connect with more than 500 procurement professionals, improving its supplier diversity.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

Supply Chain Shaman

FEBRUARY 23, 2017

The composite of metrics includes growth, operating margin, inventory turns and Return on Invested Capital.) We group companies by NAICS codes to study year-over-progress at the intersection of operating margin and inventory turns. Inventory Turns. We eliminate the lower 1/3 of companies for the period from consideration.

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). ” They questioned, “ How long will this recession last?

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

GlobalTranz

JANUARY 16, 2017

For example, wearables measuring the number of steps, heart rate and calorie consumption can virtually eliminate on-the-job cardiac events, reports the Inventory & Supply Chain Optimization Blog. While this idea seemed ground-breaking in 2006, it has become a commonplace aspect of nearly all Walmart locations.

Supply Chain Design Software 120

Supply Chain Design Software Analysis Supply Chain Software Inventory Reduction 120

SCMDOJO

JULY 16, 2024

This article explores challenges identified in a research paper by McKinnon (2006) focusing on vehicle utilization and efficiency in the freight industry [1]. 3D printing: Exploring the potential of 3D printing for on-demand manufacturing closer to customers can reduce transportation distances and waste for customized products [3].

Optimal Sourcing 77

Optimal Sourcing Procurement Solutions Supply Chain Design Software Research 77

Supply Chain Opz

JANUARY 29, 2020

Books We Recommend - Purchasing Book - Six Sigma Books - Operations Management Book - Inventory Control Book - Lean Books - International Business Book Last review and update: January 30, 2020 Obsolete and out-of-print books are not included. Editor's decision is used to finalize the list of the best books. - The links below are #paid links.

Agile and Lean Supply Chain 100

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

Resilinc

OCTOBER 2, 2023

Opened in 2006, this plant is responsible for building the Buick Enclave and the Chevrolet Traverse. million Americans in the auto parts manufacturing business, but the damage will hit smaller auto suppliers that are further down the supply chain the hardest. Small Businesses Feel the Effects of the UAW Strike There are 4.8

Automotive 76

Automotive Negotiate Pricing Negotiating Skills Supply Chain Planning 76

GlobalTranz

JANUARY 23, 2015

The computerization of this data opened the door to a huge opportunity for innovations in logistics planning, from randomized storage in warehouses to optimization of inventory and truck routing. imports from China grew from about $45 billion per year in 1995 to more than $280 billion per year in 2006.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 120

Operations and Supply Chain Management

AUGUST 24, 2020

One landmark in the lean revolution for retailers was Walmart ’s decision in 2006 to thin out inventory by $6.5 Companies that adopted the lean-inventory approach largely omitted tenets of the system that called for having extensive backup plans in case of an event that interrupted plant operations or caused a sudden demand surge.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Lean Inventory Reduction Supply Chain Planning Software 52

Supply Chains Rock

SEPTEMBER 28, 2012

As the Supply Chains Rock blog points out in an October 2006 post, conducting business in emerging global markets requires a knowledge of supply chains and the ways in which they function in other regions. Manufacturing Central. ” The benefits of managing a corporate supply chain online are enormous. Industrial Interface.

Supply Chain Software 113

Supply Chain Software Supply Chain Strategy Logistics Network Optimization Software Supply Chain 113

Supply Chain Digest

MAY 8, 2009

Inventory Management/Optimizat. Lean Manufacturing/Supply Chai. Manufacturing Technology. Content Being Accessed: Inventory Optimization Case Study: OReilly Auto Parts. OReilly Auto Parts drives inventory management to stay in the fast lane. © 2006-2014 Supply Chain Digest - All Rights Reserved.'

Optimal Sourcing 32

Optimal Sourcing Case Study Optimization Software Inventory Reduction 32

Arkieva

MARCH 31, 2016

Service aspects include the number of SKU’s in the portfolio, the lead times you offer, the flexibility to offer, … More service typically drives more cost and more inventory. Manufacturing and procurement are focused on cost, which may result in long production runs or large minimum order quantities driving inventory up.

Supply Chain Optimization 60

Supply Chain Optimization Supply Chain Strategy Supply Chain Planning Supply Chain 60