Remove Inventory Remove Metrics Remove Network Design Software
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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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Active Supply Chain Design: A Key Imperative for De Risking Supply Chains

Logistics Viewpoints

Supply chain executives must evolve from cost and service as the key objectives for optimal demand-supply balancing towards the “quadfecta” of cost, service, resiliency, and sustainability. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.

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Outside-in Process Q&A

Supply Chain Shaman

Over the next five weeks, seventy business/technology and consulting leaders will complete the course. 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. Analyze inventory health.

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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 Case Study. My answer is no.

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When the Rubber Hits the Road

Supply Chain Shaman

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” Multi-tier inventory management by itself was not sufficient.

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Strategy. Strategy. Wherefore Art Thou Strategy?

Supply Chain Shaman

My primary insight is that many of the technology initiatives that were underway at the start of the disruption did not serve us well. The use of descriptive analytics along with agile planning techniques (what-if analysis, discrete event simulation, and network design) helped. Inventory as Waste. Inventory as a Buffer.

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Until AI Can Solve this One Simple Task, I Wouldn’t Worry About It

Logistics Viewpoints

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. For fulfillment to be efficient, a warehouse needs the right inventory located in the right slots in a warehouse.