Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. I strongly feel that a blind focus on functional excellence will cause the supply chain to become out of balance. One that is going to eat you up! In part one of this blog series, I started the saga of the supply chain fairy tale.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

AIMMS

OCTOBER 22, 2019

In recent years, BT Supply Chain underwent a transformation to provide its services to businesses using the company’s existing network. We spoke with David Mackenzie , Transformation & Inventory Director at BT, to learn more about this shift and the role AIMMS has played in enabling it. How is your team currently using AIMMS?

Supply Chain Design Software 240

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 240

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

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

Supply Chain Shaman

MAY 26, 2023

Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Demand latency (the time from purchase by the customer to order visibility by the manufacturer) is weeks and months. Relational database structures are a barrier to modeling relationships and flow. The So What And Who Cares?

Optimal Sourcing 341

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 341

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. The impact varies by supply chain sector and value chain. These are our weakest links.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). Ecolab, L’Oreal, and TJX are exceptions.

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

Supply Chain Shaman

MAY 21, 2013

In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. They lack the greater understanding of planning and value network design. They are primarily focused on cost management on new purchase decisions. It is now shifting again.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

Supply Chain Shaman

OCTOBER 7, 2012

Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? There are seven primary agility levers: Analysis of Form and Function of Inventory: Form of inventory is the decision of what form to hold the inventory in: raw material, semi-finished good or finished good. Is it S&OP?

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

Supply Chain Shaman

JUNE 7, 2018

Or agreement on the definition of supply chain excellence. As a result, functional excellence anchors action. The focus is on digitization—automating today’s processes—versus rethinking process excellence based on the art of the possible. The design principle is that history is a good predictor of the future.

Supply Chain Planning Software 230

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 230

ToolsGroup

FEBRUARY 5, 2019

Gartner analyst Paul Lord has developed a framework to better understand inventory trade-offs by categorizing those decisions according to the objectives they are meant to achieve: structural, operational and situational. Many companies struggle with decisions such as “How many days of sales or inventory turns per year should we target?

Supply Chain Design Software 120

Supply Chain Design Software Optimal Sourcing Supply Chain Design Inventory Reduction 120

Supply Chain Shaman

FEBRUARY 14, 2022

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Mistake #3. My challenge?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Time horizon.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Supply Chain Shaman

MARCH 3, 2018

Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. Instead, companies need to build it into digital process redefinition like digital path-to-purchase, digital procurement, digital agriculture, digital manufacturing or digital service.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

Supply Chain Shaman

AUGUST 14, 2016

In 2012 I built on these concepts to define the market-driven value network. The definition: an adaptive network focused on a well-defined value-based outcomes. A value network governed and defined by customer segmentation and a clear understanding of what drives value for the customer. Definition of Outside-In Processes.

Material Savings 185

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 185

AIMMS

OCTOBER 22, 2019

In recent years, BT Supply Chain underwent a transformation to provide its services to businesses using the company’s existing network. We spoke with David Mackenzie , Transformation & Inventory Director at BT, to learn more about this shift and the role AIMMS has played in enabling it. How is your team currently using AIMMS?

Supply Chain Design Software 156

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 156

Supply Chain Shaman

DECEMBER 30, 2021

There is not a one-to-one relationship between a container and a purchase order. As a result, a purchase order can cover multiple containers; and a container can carry multiple purchase orders. The average purchase order changes 3-4X before shipment. If you are a shipper, take these actions: Design for Variability.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Supply Chain Shaman

JANUARY 15, 2022

As we walked, I reflected and kept asking Scott, “How can we optimize outcomes if companies are not clear on what defines excellence?” Sean strongly believed that the sales group knew what the customers wanted and that tight supply chain integration to sales information would drive excellent results. At the first meeting.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

Supply Chain Shaman

JANUARY 15, 2022

As we walked, I reflected and kept asking Scott, “How can we optimize outcomes if companies are not clear on what defines excellence?” Sean strongly believed that the sales group knew what the customers wanted and that tight supply chain integration to sales information would drive excellent results. He saw all inventory as “bad.”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Software Modeling 195

Supply Chain Shaman

NOVEMBER 6, 2016

The third issue is the lack of understanding that global processes–to maximize the economies of scale in transportation and material buying–need strong governance. Without this discipline, the global organization cannot actualize buying power in procurement or lower costs and improve costs/customer service in transportation.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 150

AIMMS

MARCH 8, 2016

Today’s shopper prefers to buy online and get products delivered at the best possible time and place, resulting in key shifts in the supply chain. A recent report from Auburn University summarizes these changes quite neatly: Inventory – consumer demand for flexible delivery times and pick-up options is changing inventory management.

Price Reduction 156

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 156

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Developed a process of excellence in supply chain collaboration. Implemented cross-docking in its supply network to enable inventory reductions. Supply Chain Network Design. Built strategic partnerships with vendors to drive down prices.

Inventory Reduction 111

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 111

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. The answer lies in network design, demand sensing, and the simplification of product platforms.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Shaman

JULY 5, 2016

Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. 19 average) and 3 times better ROIC for the period (33% versus P&G’s 11%), note that none of these three household products companies made progress on supply chain excellence in the period of 2013-2015.

Supply Chain Planning Software 150

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

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 design needs to be from the customer’s customer to the supplier’s supplier. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. 1) Supplier Networks.

Supply Chain Design Software 150

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

Supply Chain Shaman

OCTOBER 8, 2017

If we look back at history, 70% of companies implemented Vendor Managed Inventory (VMI), however two-decades later only 1% of companies use VMI processes to drive a better demand signal. Processes with high error need a design based on reasonable expectations. Inventory strategies and processes to absorb the error.

Supply and Demand 157

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 157

AIMMS

MARCH 8, 2016

Today’s shopper prefers to buy online and get products delivered at the best possible time and place, resulting in key shifts in the supply chain. A recent report from Auburn University summarizes these changes quite neatly: Inventory – consumer demand for flexible delivery times and pick-up options is changing inventory management.

Optimal Sourcing 120

Optimal Sourcing Sourcing Strategies Price Reduction Cost Reduction Strategies 120

ThroughPut

JULY 28, 2020

As the largest home improvement retailer in the United States, Home Depot is an excellent example of a business powered by an evolving global supply chain. The Home Depot story above highlights an aspect of supply chain inventory optimization to drive business growth. Digital and mobile commerce have transformed how humankind buys.

Supply Chain Optimization 98

Supply Chain Optimization Price Mitigation Strategies Network Optimization Optimization Software 98

SCMDOJO

JUNE 28, 2024

The supply chain field offers a wealth of opportunities for women, making it an excellent career choice for many reasons: 1. The demand for strategic thinking and problem-solving skills creates a path for women to excel. 10 years of experience in purchasing and procurement, the tobacco market in particular.

Negotiating Skills 93

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 93

Supply Chain Matters

JULY 5, 2022

In our most recent Supply Chain Matters This Week in Supply Chain Tech column , we highlighted the announcement from supply chain technology provider Logility , a wholly owned subsidiary of American Software , regarding this provider’s completion of the acquisition of supply chain network design technology provider Starboard Solutions.

Network Design Software 52

Network Design Software Procurement Solutions Supply Chain Design Software Modeling 52

Tompkins Blog

APRIL 2, 2014

A Blueprint for Supply Chain Optimization This webcast delves into the process of a successful network design initiative and the outlines the steps necessary for success. White Paper. Consortium Report. Contact Us. Webinar On Demand. How to Maximize Warehouse Efficiency Hosted by The Journal of Commerce. 800-789-1257. |.

Demand Planning Software 40

Demand Planning Software Supply and Demand Supply Chain Design Software Network Design Software 40

Resilinc

MARCH 22, 2023

Not only does it affect supply, procurement, and purchasing, but it also impacts sales, marketing, and human resources. Once you move from a reactive workflow to a proactive workflow, you can take your data and fuel your proactive supply chain planning, supply chain design, network design, supplier selection, and supplier management.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Purchasing Skills Network Design Software 62

Logistics Bureau

NOVEMBER 14, 2018

The tools for determining Cost To Serve include standard spreadsheet applications, such as MS Excel, and network design modeling software. For example, a CTS analysis may show you that customers ordering directly from you at your factory also generate lower costs in transport and inventory costs.

Purchasing Skills 93

Purchasing Skills Cost Reduction Strategies Supply Chain Design Software Optimal Sourcing 93

ThroughPut

JULY 28, 2020

As the largest home improvement retailer in the United States, Home Depot is an excellent example of a business powered by an evolving global supply chain. The Home Depot story above highlights an aspect of supply chain inventory optimization to drive business growth. Digital and mobile commerce have transformed how humankind buys.

Supply Chain Optimization 52

Supply Chain Optimization Price Mitigation Strategies Network Optimization Optimization Software 52

AFFLINK

JANUARY 3, 2019

This "order-to-shelf" system leaves more space in back rooms and saves money on employee labor and inventory management. The transformation of the Target supply chain has allowed the company to: Place their stores at the center of a modern network design to deliver an unmatched combination of convenient fulfillment options.

Cost Reduction Strategies 54

Cost Reduction Strategies Price Reduction Inventory Reduction Supply Chain Strategy 54

ThroughPut

JULY 28, 2020

As the largest home improvement retailer in the United States, Home Depot is an excellent example of a business powered by an evolving global supply chain. SCM includes the movement and storage of raw materials, work-in-process inventory, and finished goods. Digital and mobile commerce have transformed how humankind buys.

Supply Chain Optimization 52

Supply Chain Optimization Price Mitigation Strategies Network Optimization Optimization Software 52

Logistics Bureau

OCTOBER 6, 2017

Scenario 2 – Buy more at once. You jump in the car, drive to the store, park the car, go into the store, spend a bit longer in the store this time, as you buy sugar, flour, rice, milk, and a dozen other things. This one too is obvious, yet many businesses don’t effectively manage their stock (inventory) effectively.

Cost Reduction Strategies 45

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 45

ThroughPut

MAY 16, 2024

Note that supply chain optimization goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. This opens up avenues to save procurement, transportation, inventory, and warehousing costs. With supply chain optimization, inventory levels are also maintained at optimal levels.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52