Remove Inventory Remove Metrics Remove Supply Chain Design Software
article thumbnail

Active Supply Chain Design: A Key Imperative for De Risking Supply Chains

Logistics Viewpoints

Supply chain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains.

article thumbnail

Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

This weekend, I edited the Supply Chains to Admire report. 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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Order Visibility Is Critical Amid Low Inventories

Logistics Viewpoints

But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. As companies look ahead to the next three to six months, they’re weighing costs, risks, and demand as they plan and adapt their inventory strategies.

article thumbnail

The Case for Real-Time Perpetual Inventory Signals in Manufacturing

ToolsGroup

But then, supply chain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy.

article thumbnail

Crucial MRP Metrics Every Supply Chain Pro Should Know

SCMDOJO

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

article thumbnail

Online Procurement System: Guide to Choosing the Right Tool

Precoro

Businesses adopt online procurement systems to mitigate risks and to streamline requisitions, approvals, order placement, and spend management. However, with numerous e-procurement software vendors available, choosing the right tool can be overwhelming. Keep reading to learn: What is an online procurement system?

article thumbnail

How Can CIOs Accelerate Supply Chain Transformation? Think Less Planning, More Real-Time Decision-Making

Logistics Viewpoints

As an engineer, former solutions architect and now CEO of a leading supply chain technology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. We’re just not meeting customer expectations.