Remove Inventory Remove Metrics Remove Network Design
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Supply Chain Network Design & Optimization: Steps, Guide, and Efforts

SCMDOJO

This document serves as a roadmap for professionals involved in supply chain network design and optimization, providing valuable insights and practical guidance at every stage of the process. This initial step enables tailoring the supply chain network design to meet specific needs effectively.

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Outside-in Process Q&A

Supply Chain Shaman

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. The implementation of NoSQL for inventory management gives them an inventory signal with little to no process latency.

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Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Was this by design? A potential value of a digital twin.).

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Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

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.

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When the Rubber Hits the Road

Supply Chain Shaman

The low Return on Invested Capital (ROIC) and the growth below the industry average comes from the lack of network design and organizational alignment between new product development, manufacturing, and procurement. We find that three factors mattered: organizational alignment, descriptive analytics, and inventory management.

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Strategy. Strategy. Wherefore Art Thou Strategy?

Supply Chain Shaman

The use of descriptive analytics along with agile planning techniques (what-if analysis, discrete event simulation, and network design) helped. Certain supply chains like maintenance parts, designer/fashion items, new product launches, and food service items must be managed in an agile supply chain. Inventory as Waste.

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Not To Be A Losing Pawn

Supply Chain Shaman

In the early 1980s, As a result, we did not have a perpetual inventory signal. Without a perpetual inventory signal, we were never synchronized on where to place customer orders. As a result, inventories ballooned after the DRP implementation. The metrics were not aligned. I also ran three outside warehouses.