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. The supply chain has two important buffers–inventory and capacity.

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 243

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. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 270

Case Study Inventory Reduction Agile and Lean Supply Chain Study 270

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 173

Supply Chain Shaman

JUNE 15, 2018

My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. This is especially true for the Titans.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Talking Logistics

DECEMBER 4, 2017

Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. In addition to fleet visibility, the company has a other supply-chain related applications, including demand and inventory management and dispatch optimization.

Material Savings 0

Material Savings Conference Supply Chain Planning Software Supply Chain Software 0

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). Diversified Industry Performance For the Period of 2010-2017. Meet Ernest.

Supply Chain Software 34

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

ToolsGroup

OCTOBER 11, 2017

Gartner says that you shouldn’t just pitch forecast accuracy to your executive management, but translate your plan into business metrics. You must be able to make a direct link between the forecasting accuracy improvement and customer service, cost, efficiency, inventory, cash flow or capability improvements,” says Gartner.

Forecasting 180

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 180

Supply Chain Shaman

DECEMBER 17, 2018

The implementation of a Demand-Driven Materials Requirements Planning (DDMRP) using Orchestr8 followed in 2017. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015.

Demand Planning Software 264

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 264

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. As a result, supply chain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance. Companies balance supply chain metrics better in good times than bad.

Inventory Reduction 159

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 159

Supply Chain Shaman

FEBRUARY 23, 2017

Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. Inventory Turns. We eliminate the lower 1/3 of companies for the period from consideration.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 156

Enterra Insights

JUNE 25, 2019

For the last few years, inventory shrinkage has annually cost U.S. ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money. To reduce shrinkage, retailers need to have a strategy to address each of the ways inventory can be lost. Inventory shrinkage strategies. Somewhere between 1.5%

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Inventory Vendor Strategies 100

Supply Chain Shaman

JUNE 30, 2018

Companies with the lower score on the Index are driving faster rates of metrics improvement. Energizer and Unilever are driving the fastest rates of improvement and Clorox and P&G improvement rates are the slowest on the Metrics That Matter of Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)).

Supply Chain Design Software 166

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 166

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). Diversified Industry Performance For the Period of 2010-2017. Meet Ernest.

Supply Chain Software 30

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

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory.

S&OP 156

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. inventory turns. for inventory turns define best-in-class performance? for inventory turns define best-in-class performance?

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

Kinaxis

JUNE 9, 2017

Gartner Analysts Top 10 – 2017. Peers Top 10 – 2017. McDonald’s has an inventory turn of 174.5. In this area, Gartner should push the metrics benchmark. Once again – Peer vs Gartner. Another change needed is the vast difference between how the 169 peers vs the 38 Gartner analysts rank the companies.

Gartner 166

Gartner Supply Chain Software Supply Chain Benchmarking 166

ToolsGroup

NOVEMBER 15, 2016

According to Ben, who oversees Chainalytics’ Demand Planning Intelligence Consortium , many companies take last year's forecast accuracy metric and simply add a few percentage points to establish the coming year’s goals. Inventory and CapEx required to support desired service levels. And how do you set your targets for the coming year?

Forecasting 120

Forecasting Forecasting Software Supply and Demand Modeling 120

Logistics Viewpoints

JULY 19, 2021

But then executives may ask for higher sales or margins, or lower stock if key financial metrics are not being met. Tata Steel’s connected planning journey began in 2017. Much of these savings have resulted from carrying 20% less inventory – and less working capital – while still meeting projected demand.

Supply Chain Planning Software 290

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 290

Supply Chain Shaman

NOVEMBER 28, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As As a group, these metrics have the highest correlation to market capitalization. They include growth, inventory turns, operating margin and Return on Invested Capital (ROIC)). Inventory Turns. Improvement.

Supply Chain Design Software 195

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

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory.

S&OP 153

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 153

Supply Chain Shaman

JUNE 26, 2017

As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. In the 2017 analysis, we analyzed 495 companies in 31 industries. This year-over-year comparison, enables visualization of performance on two metrics. In Figure 3, the orbit chart is on inventory turns and operating margin.

Sourcing Strategies 153

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Metrics 153

Supply Chain Insights

JUNE 19, 2017

For this reason, a company shows greater balance if the improvement of one of the metrics does not cause a negative effect on the other. P&G Balance Metrics. It appears that the significant decrease in Revenue Growth is affecting P&G quite a bit in terms of this balance metric. P&G Strength Metrics.

Examples 137

Examples Supply Chain Strategy Supply Chain Inventory Reduction 137

E2open

MAY 23, 2017

Tuesday 23 May 2017. To simplify the measurement and realization of value, data-driven organizations should first segment Key Performance Indicators (KPIs) into two distinct sets: Value Metrics and Process Metrics. Process metrics are KPIs which relate to value metrics, but not in terms of actual dollars.

Material Savings 17

Material Savings Inventory Reduction Cost Reduction Strategies Metrics 17

IQMS

JULY 22, 2019

The Warehouse Inventory Management Software market grew to $1.4B between 2017 and 2025 with the global market reaching $4.6B Warehouse Inventory Management software and systems help reduce infrastructure costs and enable the reallocation of existing IT resources to drive productivity improvements, according to IDC.

Inventory Management Software 60

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 60

GlobalTranz

JUNE 8, 2017

The ability to administer your cloud supply chain in the real time makes your order processing, warehousing, inventory management, transportation and overall pricing more scalable and thus cheaper. The cloud-based logistics has lots of metric tools. A Better Cost Mainframe. A Better Quality Evaluation. A Better Communication Model.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Modeling Software Cost Reduction Strategies 200

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

6 River Systems

NOVEMBER 11, 2019

General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. in Q1 2017, the lowest since 2008.”

Warehousing 91

Warehousing Supply Chain Software Supply Chain Planning Software Demand Planning Software 91

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 98

Supply Chain Shaman

FEBRUARY 12, 2017

Note that neither company is making progress at the intersection of operating margin and inventory turns. Performance of BMS and Merck at the Intersection of Inventory Turns and Operating Margin. Orbit Chart for Novo Nordisk at the Intersection of Operating Margin and Inventory Turns for the period of 2006-2015.

Pharmaceutical 150

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

ToolsGroup

MARCH 5, 2019

He adds, “Often, last-mile distribution costs to rural areas are high and reliability is low, compounded by the lack of visibility of in-transit shipments.” ( Invest in Four Key Capabilities While Developing Your Demand-Driven Supply Chain Strategy for Emerging Markets , 18 September 2017) Let’s take Indonesia, for example. Transfer taxes.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 159

Kinaxis

JUNE 1, 2016

I am bolder on Samsung, simply because they had the highest 2016 Inventory Turns aside from McDonalds. The new trend to be sustainable is part of the current category: Revenue Growth, so why add another category like CSR when we should be moving towards the core supply chain metrics of total delivered cost and customer service.

Gartner 100

Gartner Supply Chain Strategy Supply Chain Predictive Analytics Software 100

GlobalTranz

OCTOBER 19, 2015

Controlling Inventory Flow & Driving Warehouse Efficiency. Creating an Effective Transportation Management Program Run by Metrics. Speaking of metrics.Utilizing the right metrics to monitor the health of your transportation footprint and network are critical. It’s also important to have flexibility in generating metrics.

Transportation Management 120

Transportation Management Resource Reduction Cost Reduction Strategies Optimal Sourcing 120

E2open

MAY 23, 2017

Tuesday 23 May 2017. To simplify the measurement and realization of value, data-driven organizations should first segment Key Performance Indicators (KPIs) into two distinct sets: Value Metrics and Process Metrics. Process metrics are KPIs which relate to value metrics, but not in terms of actual dollars.

Material Savings 68

Material Savings Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 68

Material Handling & Logistics

SEPTEMBER 18, 2017

Top companies now collect from customers over two weeks faster, pay suppliers nearly three weeks slower, and maintain less than half the inventory of typical companies in their industry, according to new working capital research from The Hackett Group Inc. The 2017 U.S.

Inventory Reduction 60

Inventory Reduction Optimal Sourcing Inventory Company 60

NC State SCRC

NOVEMBER 6, 2017

The Supply Chain Resource Cooperative held its first ever “Executive Roundtable on Excess and Obsolete Inventory” on the NC State campus on October 25, 2017. Executives need to deal with inventory issues as they arise! Is there a senior management team committed to driving down Excess and Obsolete inventory levels.

Inventory Reduction 58

Inventory Reduction Forecasting Inventory Supply Chain Design Software 58

Logility

MAY 7, 2020

and up to date transaction data (order status, inventory positions, shipment tracking, etc.) Key Performance Metrics: The ability to identify and measure KPIs will help prioritize and measure transformation efforts. www.logility.com/blog , 2017. to enable rich and continuous analysis and response to unplanned events.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195

Arkieva

MARCH 24, 2017

Demand planners reporting to sales will inevitably bias the forecast to achieve improved sales metrics. Supply Planners that report through operations will have the best interests of the plants at heart and will plan uninterrupted runs of materials resulting in more inventory than needed. However, it still has drawbacks.

Supply Chain Planning 92

Supply Chain Planning Scenario Planning Pharmaceutical Supply Chain Optimization 92