Remove Eliminating Excel in Purchasing Remove Manufacturing Procurement Remove Price Reduction
article thumbnail

Realizing the Value of Supply Chain Optimization for Tire Manufacturing

DELMIA Quintiq

New technologies revolutionizing transportation are creating tremendous opportunities but also unprecedented challenges for tire manufacturers. Supply chain optimization is essential to achieve this and can help tire manufacturing companies deliver significant reductions in supply chain costs and improvements in service levels.

article thumbnail

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Organizational Alignment: Overlooked, but So Important.

Supply Chain Shaman

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” ” Followed by “How are you organized, and what defines functional excellence? And, how do you tie functional excellence to corporate value?”

article thumbnail

L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

Based in Paris, L’Oréal is a global personal care manufacturing company. Note that the company is at the industry average on growth, but outperforming the average on operating margin, inventory turns, return on invested capital, market cap, price to tangible book. (Read more to understand the details on the Supply Chain Index ,).

article thumbnail

Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Today, supply chain excellence matters more than ever. Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Kinaxis Purchase of Rubikloud. Elemica Purchase by Eurazeo.

article thumbnail

Leading Inventory Attack Teams with Richard Lebovitz

The Logistics of Logistics

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins.

article thumbnail

People in Manufacturing: Procurement

QAD

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. But corporate procurement isn’t quite as simple as placing an order on Amazon or another web marketplace.