Supply Chain Shaman

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. There is a lack of clarity on what drives value and metrics are functional. Monthly design of the supply chain including form and function of inventory and inventory placement. Focus on the level of inventory. Functional metric orientation.

Supply Chain Planning Software 224

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 224

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. Functional metrics in isolation degrade value.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

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. Resiliency is the pattern at the intersection of operating margin and inventory turns. “Ugh,” I said.

Gartner 323

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 323

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. The Business Problem. The analogy is weight loss.

Inventory Reduction 150

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

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. On the 2nd of April, I sat before a board discussing how a company could exceed expectations in the delivery of Return on Invested Capital (ROIC) and superior operating margins and fail at the delivery of customer service and inventory. It is a slow week.

Supply Chain Design Software 280

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 280

Supply Chain Shaman

MAY 29, 2014

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. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics.

Gartner 308

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 308

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 283

Logistics Viewpoints

JUNE 29, 2023

He has published numerous thought leadership articles, whitepapers, blogs and delivered dozens of webinars during his career. Here is a summary of the key supply chain characteristics of each of the manufacturing strategy and how it impacts collaboration with suppliers.

Manufacturing Procurement 269

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 269

Supply Chain Shaman

OCTOBER 29, 2014

It is tough for me to see that nine out of ten companies are stuck, and not making progress, at the intersection of operating margin and inventory turns. Join us next week for our webinar on Supply Chain 2020. In addition, I am now done with the page proofs for my new book, Metrics that Matter. The book is a story.

Supply Chain Planning Software 320

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 320

Supply Chain Shaman

NOVEMBER 9, 2014

I also believed that this company would have the best inventory and customer service. It is one of the primary reasons why nine out of ten manufacturing companies are stuck at the intersection of operati ng margins and inventory turns.” My favorites are customer service, operating margin, inventory turns, and ROIC.

Manufacturing Procurement 287

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 287

GlobalTranz

DECEMBER 29, 2014

The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.” We had a great turnout with over 250 logistics managers, supply chain officers, and those in the transportation world registering and attending the webinar.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Supply Chain Shaman

OCTOBER 20, 2012

Here is the list: Supply chain technology implementations have reduced inventory. Here they are: The Lie of Inventory Reduction. Repeatedly, I heard that supply chain applications have saved costs, reduced inventory and improved customer service. ” I played three lies and a truth with the group. The reason? They did not.

Inventory Reduction 263

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 263

Supply Chain Shaman

FEBRUARY 18, 2013

Last week, at Supply Chain Insights , as part of our monthly webinar series, I hosted a panel discussion on the current state of the healthcare value network. Hosting this webinar series is one of the favorite parts of my job as the Founder of Supply Chain Insights. It is rising inventory levels. Current State: Costs are rising.

Pharmaceutical 170

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 170

Supply Chain Shaman

OCTOBER 7, 2012

As I picked it up , I saw a twitter alert welcoming people to the APICS webinar with @lcecere on Agility that afternoon. As we went live with the webinar, I laughed. In this blog post, I publically answer the questions from the webinar. I had gotten to bed late. It was 6:00 AM. This was before my wake-up call. Defining Agility.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. Be sure to not overlook the inventory carrying costs and the impact of demand latency. For more on healthcare, check out our recent webinar.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

GlobalTranz

JULY 20, 2015

Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain. Energy used in handling returns : This metric is used in sustainability programs.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

Supply Chain Shaman

SEPTEMBER 20, 2015

Spinnaker Management Group asked me to co-present on a demand-driven webinar with SanDisk. Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. When I heard their story, I scratched my head. In fact, the teams ignore the forecast.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

JUNE 7, 2021

Companies entered the pandemic with twenty more days of inventory than at the beginning of the great recession. A balance sheet analysis shows that 95% of publicly traded manufacturers are stuck (when compared to peer group) at the intersection of growth and margin, margin and inventory turns, and Return on Invested Capital (ROIC) and growth.

Gartner 199

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 199

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 293

DELMIA Quintiq

JUNE 21, 2021

In this new, connected world, the Warehouse of the Future is about achieving key operational metrics and exceeding customer service requirements more profitably while supporting sustainability goals. This helps in optimizing inventory management as well as in making the warehouse safer while increasing visibility.

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Analytics Software 156

Supply Chain Shaman

DECEMBER 29, 2016

As I study research methods, and the market, I realize the lies I’ve spun for prior employers (Gartner and AMR Research) are untrue: The AMR Research Hierarchy of Supply Chain Metrics. This research, released in 2005, gives a compelling view of a metrics hierarchy. This does not mean I think forecasting is an unimportant process.

Supply Chain Planning Software 0

Supply Chain Planning Software Inventory Reduction Forecasting Gartner 0

GlobalTranz

DECEMBER 27, 2017

This year, most were interesting in supply chain optimization - from distribution to inventory management - and Key Performance Indicators. Download: The Impact of Big Data in the Supply Chain & Transportation Management Industry Webinar Replay, Transcript & Presentation. The Many Types of Inventory Management Technology.

Supply Chain Software 151

Supply Chain Software Supply Chain Optimization Optimal Sourcing Supply Chain Strategy 151

RFgen

MARCH 10, 2025

The problem lies in effectively balancing inventory across the supply chain. When demand surges, inventory needs to rise, and vice-versa. However, as we’ve seen in recent years, predicting these shifts and adjusting inventory accordingly is far from simple.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Modeling Supply Chain Optimization 52

Supply Chain Shaman

JULY 25, 2016

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The Results.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Supply Chain Shaman

JULY 5, 2016

Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. P&G’s rate of improvement on the Metrics That Matter was lower than the peer group. As the company spiraled in the updraft of the market, it built inventory. billion in inventory charges in April 2001.

Supply Chain Planning Software 150

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

Supply Chain Shaman

JUNE 21, 2014

I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows. Service level is our most important metric. Reliability in both of these metrics is critical. Interview of a Supply Chain Leader: Redesigning for Value.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

GlobalTranz

NOVEMBER 21, 2017

for example, used predictive analytics to make changes in their inventory processes and have since seen an increase in their production and purchase orders. Trust can be built through a closed-loop change management effort that is centered on performance metrics that accurately reflect the current state of the supply chain system.”

Analytics Software 173

Analytics Software Procurement Analytics Agile and Lean Supply Chain Modeling Software 173

GlobalTranz

OCTOBER 2, 2017

Obviously, shippers cannot track what consumers use their personal devices for all the time, but they can use metrics and Big Data to track what consumers are doing on their respective e-commerce sites. This includes the driver, the shipment, the trucks, the technologies used to track such shipments, online platforms and consumer devices.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

BlueYonder

APRIL 9, 2024

In a recent webinar , Carlsberg shared more on this topic. By not only opting for a best-in-class transportation management solution , but connecting it to capability metrics across supply, manufacturing, distribution, external partners, and the customer, complete end-to-end sustainability can be achieved.

Optimal Sourcing 122

Optimal Sourcing Sustainability Material Savings Waste Reduction 122

GlobalTranz

JANUARY 4, 2017

Customer metrics. Lean is DAILY continuous improvement, pull systems to reduce inventories (versus push that increases inventory), Lean Six Sigma to improve quality to.003 Shorten the SLA/KPI to be only critical issues, as listed: Cost Reduction, Service, Quality, Safety and Customer Metrics. KPIs Question 1.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

Supply Chain Shaman

SEPTEMBER 24, 2017

We analyzed the impact of 150 factors on 493 financial metrics for the period of 2004-2016. Across the industry, we find that companies think that they are managing costs and inventory better through technology investments like supply chain planning, but they have a false sense of accomplishment. This research was tough work.

Cost Reduction Strategies 207

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 207

GlobalTranz

JUNE 8, 2017

The ability to administer your cloud supply chain in the real time makes your order processing, warehousing, inventory management, transportation and overall pricing more scalable and thus cheaper. The cloud-based logistics has lots of metric tools. A Better Cost Mainframe. A Better Communication Model.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Modeling Software Cost Reduction Strategies 200

GlobalTranz

DECEMBER 18, 2015

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI. When I was Materials Manager at Maricopa County, Arizona, the second largest county in the country, I introduced Vendor Managed Inventory. I called Fastenal, who specializes in Vendor Managed Inventory (VMI) for fasteners, in to see what we can do together.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 120

Supply Chain Insights

JULY 26, 2016

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Supply Chains to Admire Methodology.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

Logility

JANUARY 15, 2014

Last month, I shared the microphone with Keith Holliday, Vice President of Supply Chain, on an APICS webinar sponsored by Logility to discuss the value proposition of S&OP to Sonoco Products. The two companies’ results on operating margin and inventory turns are shown in figure 1. Alignment on a Metrics Portfolio.

S&OP 101

S&OP Illinois Agile and Lean Supply Chain Inventory Reduction 101

Supply Chain Shaman

AUGUST 14, 2016

The focus is on channel data: price; inventory positions; and policies. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. (The The use of customer segmentation to determine priority in matching inventory with orders during the order cycle. Channel Sensing.

Material Savings 191

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 191