Supply Chain Shaman

OCTOBER 16, 2023

A shift from functional metrics to a balanced scorecard. I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. The focus on functional metrics sub-optimizes balance sheet results. The journey for S&OP is a road with many ruts and potholes. I am also amazed.

S&OP 333

S&OP Supply and Demand Forecasting Supply Chain Design Software 333

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Delivery at the shortest cycle time. What did we find?

Supply Chain Planning Software 317

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 317

Supply Chain Shaman

MARCH 21, 2024

At the time, many business leaders did not know how to type and had no idea how to use a computer. Taxonomy of Outside-in Planning Based on the Art of the Possible To accomplish this goal, we need to discard the current crawl, walk, and run models and just jump. During the 1980s, I was on a management team for a large manufacturer.

Inventory Reduction 403

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 403

Supply Chain Shaman

NOVEMBER 21, 2023

My client attempted to have a supply chain discussion to improve flow, and his executive group just did not get it. I was promoted to run the warehouse, and at the time, I had no experience in distribution, but was asked to run the largest distribution center in the system. Sometimes, this is a tough discussion. Yes, I am that old.)

Supply Chain Planning Software 339

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 339

Logistics Viewpoints

FEBRUARY 16, 2021

With this information, are you any closer to knowing what to do about it, or have you just enriched your ability to admire your problem and see it close up? In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. Agility to act on transparency.

Supply Chain Visibility 316

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 316

Supply Chain Shaman

JANUARY 8, 2024

However, writing it is a great time to get into industry patterns and think. However, writing it is a great time to get into industry patterns and think. With surgery, I just never got to the report finished. The report was scheduled to publish in the summer of 2023, but life got in the way. The full report publishes this week.

Supply Chain Design Software 243

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

Supply Chain Shaman

JANUARY 2, 2024

The time gave me a good time to reflect and finish the reports that I should have completed in the summer when I recovered from Uterine Cancer. The time gave me a good time to reflect and finish the reports that I should have completed in the summer when I recovered from Uterine Cancer. As I write, I scratch my head.

Gartner 284

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 284

Logility

MAY 22, 2020

The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization. Starting at the Top. Other Suggestions.

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. The changeover times for the CM Bartlelts was 5X more prolonged than the more agile IM machines. Sharing My Experience. The year was 1982.

Agile and Lean Supply Chain 297

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 297

Logistics Viewpoints

JUNE 19, 2023

These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. However, AI’s inability to solve the very limited problem of ensuring that inventory is located in the right place in a warehouse suggests that planners don’t have to worry too much about job security.

Supply Chain Design Software 261

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 261

Supply Chain Shaman

MARCH 19, 2014

Instead, what I observed when I looked at the data, was that most companies that I had worked with (in my role as an industry analyst, I had worked with over 300) were going backwards on margin and inventory turns. “Lora in your own way, you are helping. You tell it straight. I find it refreshing.” I wanted it to be data-driven.

Gartner 315

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 315

Supply Chain Shaman

JANUARY 9, 2024

The companies with the strongest year-over-year performance (placing in the winner’s circle for six more times in ten years) are Apple, L’Oreal, Nike, Paccar, TJX, and TSMC. An average margin of 21% with inventory turns of 1.58 Supply Chains to Admire Winners 2023 Examine Your Own Paradigm. How Do You Define Excellence?

Supply Chain Planning Software 299

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 299

Logistics Viewpoints

JULY 23, 2024

At the same time, feeding your AI models too much data can also be a problem. Like Goldilocks’ quest for the perfect bowl of porridge, to leverage AI in your supply chain you need to identify which data is ‘just right’ for your business. Data is the lifeblood of AI in the supply chain. ERP, CRM, SCM), external sources (e.g.,

Optimal Sourcing 274

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 274

Supply Chain Shaman

MAY 29, 2014

It is just mush. 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. As a result, the metrics have to be viewed together as a pattern over time. Mush is a thick cornmeal pudding boiled in water or milk.

Gartner 303

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 303

Supply Chain Shaman

DECEMBER 23, 2014

At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Get Good at Having a Real-time Perpetual Inventory Signal. Foundational for ecommerce is a real-time perpetual inventory (PI) signal. No matter where inventory is, put it to work.

Packaging 290

Packaging Inventory Reduction Supply Chain Design Software San Francisco 290

Logility

AUGUST 5, 2021

But before you start measuring everything in sight – and a few things not in sight – start with a set of thoughtful intentions and questions that will guide you to the right set of metrics and the right set of expectations. Inventory-based KPIs probably make sense for you, but how will you benchmark results? That’s not a bad answer.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Logistics Viewpoints

OCTOBER 4, 2021

But just how bad was it? A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. The company provides demand and inventory planning solutions based on a public cloud architecture. Benchmarking the forecasting process is difficult.

Inventory Reduction 255

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 255

Supply Chain Shaman

OCTOBER 22, 2015

The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Companies invest in project after project, yet inventory levels remain the same. I remember the plane ride well. The Business Problem.

Inventory Reduction 150

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

Logistics Viewpoints

OCTOBER 26, 2021

Just as the saguaro is both nursed by and supports life in its ecosystem, it behooves supply chains to invest in their ecosystems, both suppliers and employees. It may feel like stormy times for supply chain right now, but not all rain is bad. Invest in your ecosystem. cm) in its first ten years.

Supply Chain Design Software 257

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 257

Logistics Viewpoints

FEBRUARY 21, 2022

The primary payback for demand and supply solutions comes in the form of reducing the amount of raw material, work-in-process, and finished goods inventory a company needs to carry. The key solutions are demand forecasting/inventory optimization, supply planning, and network design. Supply chain management has been in the news.

Supply Chain Planning Software 295

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 295

Logistics Viewpoints

NOVEMBER 20, 2024

Smart energy management systems further enhance efficiency by tracking and optimizing energy use in real-time. In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option. Warehousing operations also offer opportunities for sustainable transformation.

Waste Reduction 244

Waste Reduction Sustainability Supply Chain Design Software Resource Reduction 244

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 Metrics. In times of uncertainty, cash is king. Here I share perspective on cash-to-cash abuse. Let me explain.

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Enchange Supply Chain Consultancy

JULY 3, 2024

And it’s not just about the contract. Ensure they have the necessary inventory, marketing materials, and training to effectively introduce your products to the market. Use this information to make real-time adjustments to your strategies and offerings and, critically to your Demand Creation activities.

Inventory Reduction 200

Inventory Reduction Supply Chain Planning Software Material Savings Price Mitigation Strategies 200

Logistics Viewpoints

JULY 10, 2024

Supply chain resilience refers to planning for things that could go wrong and then creating inventory buffers or contingency plans. SCP solutions provide a solid ROI based on hitting targeted service levels with less raw material, work-in-process, or finished goods inventory. Supply chain planning solutions are tradeoff machines.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 271

Logility

AUGUST 7, 2023

Just think about the last time you brought your car to the service or asked a service for your dishwasher only to hear, that the part required to fix the problem was not available and had to be ordered from the central warehouse and it would take a few days. What did you think about that?

Customer Service 214

Customer Service Supply Chain Planning Software Logility Optimization Software 214

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

ToolsGroup

MARCH 18, 2019

They also cut inventory levels, grew sales and resolved capacity issues. Establish joint responsibility for inventory to reduce the risk of obsolescence. Mohawk continues to fine-tune its S&OP process to optimize inventory in the planning system. This once high-volume and personal business has been turned right on its head.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 228

Kinaxis

SEPTEMBER 16, 2014

While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. While other “lists” use ROA, Inventory Turns and Revenue Growth, I find Lora’s science very objective. As an ex-AMR Research analyst, this was my favorite venue. So, drum roll please….

Supply Chain Planning Software 279

Supply Chain Planning Software Gartner Supply Chain Design Software Agile and Lean Supply Chain 279

Supply Chain Shaman

NOVEMBER 9, 2014

I find that many times companies have the wrong name, or a misnomer, for what they are trying to achieve. It was my first time working with this group. As I sat in the back of the room, shifting in my chair, waiting for my time to speak, I watched speaker after speaker endorse the concept of one team. I am passionate about it.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Supply Chain Shaman

MARCH 27, 2023

As discussions full of oxymorons, acronyms, and juxtapositions fill the air, I think that it is time to step back, and rethink planning based on the opportunities that new forms of analytics and data give us. What is the role of inventory? My goal is to engage the supply chain community in a no smoke and mirrors discussion. The reason?

Supply Chain Planning Software 315

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 315

Logistics Viewpoints

NOVEMBER 3, 2022

The former pertains to engineered labor standards, which is just a more scientific way of saying multiple variable standards (MVS). The latter refers to a single variable standard (SVS), by which one metric, such as cases per hour, is expected to tell all. An SVS represents a static snapshot in time. Ad infinitum.

Supply Chain Design Software 238

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 238

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. The metrics that underpin MRP could be described as the balls in this juggling act. This article takes an in-depth look at the crucial metrics every supply chain professional needs to know.

Procurement Analytics 95

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 95

Supply Chain Shaman

OCTOBER 13, 2022

I brace myself for a late flight for a 2:00 AM arrival as the clock ticks-an echo of time lost. The larger the organizational alignment issues, the longer the decision-making time. The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. The reason?

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

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 261

Case Study Inventory Reduction Agile and Lean Supply Chain Study 261

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? Building a puzzle takes time, patience and regardless of its size, takes a great deal of perseverance.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

ToolsGroup

OCTOBER 4, 2016

More on this later, but to start, by driverless (whether referring to vehicles or supply chain planning) I don’t mean completely no touch at all times. Here’s just one data point. It sounded a bit futuristic until two early adopter presenters stepped to the podium and described just how far they had already come.

Supply Chain Planning Software 254

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 254

Logistics Viewpoints

FEBRUARY 15, 2023

The survey is structured to determine the relative importance of competing objectives, how the importance has changed over time and why; the degree to which certain external factors (resource shortages, cost inflation, etc.) However, supply chain resilience is more than just a concept to practitioners.

Supply Chain Planning 231

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 231