Kinaxis

OCTOBER 17, 2014

Benji Green, director of global sales, operations and inventory planning, Avaya. Session Title: “Accelerating Vision to Value: Integrating Supply Chain Operations” Avaya has been on a 4 year transformation to create a Best In Class supply chain with industry leading On Time Ship, Inventory Turns, and Expense to Revenue ratio.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain San Diego 191

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 157

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 157

BlueYonder

JANUARY 24, 2023

The following are the insights gained from my discussion with Salim Shaikh , who leads Blue Yonder’s Automotive Industry Strategy, during a recent Blue Yonder Live and webinars that we prepared for jointly. I have not seen that in the past 25 years being in the automotive industry. Do we need to carry excess inventory?

Automotive 100

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

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. The shift of inventory without the sharing of data is a mistake.

Supply Chain Planning Software 290

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 290

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. We find that companies can improve one, but not two of the metrics.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement.

Case Study 286

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

Supply Chain Shaman

JULY 25, 2016

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The Results.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

GlobalTranz

DECEMBER 29, 2014

History of Reverse Logistics is at the Core of The Stories of War, Retail, eCommerce, and Automotive Aftermarket : As you will see today the history of reverse logistics is quite older than the buzz word of it being thrown around more often today, due to the rise of internet retailing, also known as eCommerce. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Kinaxis

SEPTEMBER 9, 2014

To make the list, companies out-performed their peer group on operating margin, inventory turns and Return on Invested Capital while driving significant improvement in financial metrics over the period.Supply Chain Improvement is based on a detailed analysis calculated factors for balance, strength and resiliency. Learn More.

Conference 150

Conference Gartner Supply Chain Planning Software Supply Chain Design Software 150

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

Logistics Viewpoints

JULY 19, 2021

They produce a wide range of products for the automotive, construction, engineering, and packaging industries. But then executives may ask for higher sales or margins, or lower stock if key financial metrics are not being met. And they are working toward becoming significantly more sustainable. So, what is “connected planning?”

Supply Chain Planning Software 278

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 278

Resilinc

FEBRUARY 7, 2023

automotive industry was battered in 2022, with its sales dropping about 8% from 2021 to 13.7 YOY in 2022, a metric due partly to its robust sales of mid-size pickups, according to CNBC. In this blog, we’ll take a look at the supply chain trends that shaped the automotive industry in 2022. GM was an exception with U.S.

Automotive 62

Automotive Industrial Industry Manufacturing Procurement 62

The Logistics & Supply Chain Management Society

MAY 28, 2022

With uncertainty a guarantee in the year ahead, leaders are realising the need to adopt applications that will improve visibility into demand and inventory, as well as tools that can help them model and simulate “what if?” Risk planning and technology utilisation. The effort will absolutely pay off. Building capability and consistency.

Supply Chain Planning Software 269

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

Supply Chain Shaman

DECEMBER 17, 2018

The Company also has franchised aftermarket services in automotive repair shops, retail outlets, and everything in between. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. Impact of Demand Sensing on Inventory Levels. The reason? Planting the Seeds.

Demand Planning Software 255

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 255

Supply Chain Insights

JULY 26, 2016

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Supply Chains to Admire Methodology.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

Supply Chain Shaman

JANUARY 2, 2023

While retailers use the forecast for inventory management and assortment planning, a manufacturer uses the forecast not only to manage inventory but also to align manufacturing capacities to manage constraints. Forecasts are used to manage inventory and align the organization to manage constraints. Let me explain.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

QAD

MAY 16, 2019

The Automotive Industry Action Group (AIAG) and Odette International are releasing the fifth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment this summer. MMOG/LE is used by automotive customers to select and evaluate production and parts, service and warehousing processes.

Supply Chain Planning Software 111

Supply Chain Planning Software Inventory Reduction Automotive Material Savings 111

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Download Silvon’s Definitive Guide to KPIs : Concepts, Best Practices & More.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Supply Chain Game Changer

NOVEMBER 2, 2022

The software allows them to track shipments, monitor inventory levels, and understand where money is being spent. Retailers have been using supply chain risk management software for years to keep track of their inventory, but the technology is now being used in new ways to help them manage risk and stay competitive. Automotive.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. McKinsey ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

BlueYonder

APRIL 1, 2014

Without a shared set of metrics between the commercial and operational teams, it is extremely difficult to get alignment between them. Examples of shared metrics include customer service levels, inventory turns, sell-through forecast accuracy, total landed cost, and overall profitability of the business. Extended visibility.

Supply Chain Planning Software 85

Supply Chain Planning Software Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning 85

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 60

BlueYonder

MAY 10, 2024

Environmental, Social, and Governance (ESG) regulations are driving sustainability investments with a focus on tracking, excess inventory and resource utilization. Rising operational costs (labor, materials, insurance and cybersecurity) continue to put more focus on overall supply chain costs and efficiencies.

Vendor Strategies 105

Vendor Strategies Material Savings Resource Reduction Price Reduction 105

Unleashed

NOVEMBER 16, 2022

Gross Margin Return on Inventory (GMROI), a profitability metric that accounts for unsold inventory, has now dropped in all three countries as manufacturers abandon the Just In Time business model for the more costly Just In Case approach. Fulfilment days – the period between receiving and fulfilling an order. Food 93.69%.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Inventory 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

fashion, automotive, spare parts, airlines). This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. Amazon’s supply chain heavily depends on the outsourcing of its inventory management. But has also created employment opportunities in others (e.g.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Enterra Insights

JUNE 24, 2022

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. Inventory KPIs: Inventory Aging, Inventory Turnover Ratio. Inventory KPIs: Inventory Aging. What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. What should our post pandemic inventory priorities be? Pre Pandemic Inventory Management Priorities.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Supply Chain Shaman

APRIL 7, 2016

It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. The DuPont supply chain supplied products and services into the housing and automotive supply chains. In a similar vein, their forecasts for the automotive market would have been on new automotive sales and dealer inventory.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Supply Chain Opz

JUNE 1, 2014

Lean manufacturing concept has been implemented widely in the automotive industry so the case studies about lean manufacturing is very readily available. The answer is that they use the multi-echelon inventory model to solve the problem. Intel ''s new product development is done by the process called Technology Roadmap. .

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

BlueYonder

APRIL 13, 2023

This has led to the nearshoring redesign of supply network and manufacturers trying to figure out, “Where do I need to put my inventory” and “How do I think about sourcing of material and goods so that I can fulfill to my customers?” Terence: So, it’s about improving these metrics and business performance simultaneously.

Manufacturing Procurement 97

Manufacturing Procurement Inventory Reduction Optimal Sourcing Cost Reduction Strategies 97

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. This and much more, in your Monday supply chain briefing from Arkieva.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

QAD

AUGUST 12, 2021

We will see the continued adoption of a wide range of sustainability efforts across manufacturing verticals, from automotive to food and beverage to life sciences. In other examples, you’ll find ERP provides the necessary insights and metrics, like OEE , to enhance production execution. Sustainability Objectives for Manufacturers.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

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

QAD

MARCH 9, 2023

Automotive and industrial product companies were among the hardest hit. They can react to sudden changes in supply and demand, adjust prices and inventory levels in real time and work closely with supply partners throughout the value chain to mitigate risk. That means looking at the right metrics.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 98

Logistics Bureau

APRIL 19, 2021

What would be the key number, or metric that you would need to know? If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry.

Benchmarking 76

Benchmarking Supply Chain Performance Supply Chain Exercises 76