Remove Inventory Remove Sourcing Remove Supply Chain Segmentation
article thumbnail

Supply Chain Segmentation: A Smarter Strategy for Satisfying Customers and Increasing Profits

ThroughPut

As you might expect, it would lead to numerous inefficiencies, jeopardize profits, and in a worst-case scenario, could even result in the business shutting down due to a completely collapsed supply chain. The need for supply chain segmentation in Sara’s situation is clear, but what about your business?

article thumbnail

A Better Approach to Supply Chain Segmentation?

ToolsGroup

Gartner research director Jennifer Loveland calls it end-to-end segmentation, where you determine first what your customers want, then create end-to-end models—from sales through sourcing, delivery, and customer service—to serve them. In a blog earlier this year entitled What's wrong with ABC inventory classification?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Multi-echelon Inventory Optimization – guide for 2024

ThroughPut

Managing inventory in a supply chain is complex due to issues like downtime, delays, and demand fluctuations. Multi-Echelon Inventory Optimization (MEIO) is the solution, offering a sophisticated approach to optimizing stock levels, reducing costs, and improving service. What is Multi-Echelon Inventory Optimization?

article thumbnail

Customer Segmentation: A Smarter Supply Chain Strategy to Streamline Operations & Boost Profits

ThroughPut

You’ll learn: What customer segmentation in supply chain is How to develop a customer demand segmentation strategy Examples of successful customer demand segmentation Insights into how ThroughPut AI can help you with customer segmentation What is Customer Segmentation?

article thumbnail

How to Attain “Stage 4” Supply Chain Planning Maturity

ToolsGroup

Stage 3 is where firms coordinate their supply chain processes—shifting concentration from functional capabilities to end-to-end processing for more planning visibility across the wider chain. Build more resilient supply chain plans (e.g., Click below for a short white paper on optimizing E2E supply chains:

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

article thumbnail

Avoid “Lost in Translation”. Monetize S&OP to Include Finance.

ToolsGroup

Gartner recommends multiplying the planned unit volume: by price to generate monetized revenue plans, by cost to generate monetized inventory plans, by margin to generate monetized profit plans. 4-9% decrease in the value of obsolete inventory as a percentage of total stocked goods (product costs).

S&OP 92