Supply Chain Shaman

MAY 13, 2024

How aligned do you believe your organization is to drive these metrics? In my recent Mea Culpa post, I mentioned my prior work on Sales and Operations Planning (S&OP), and the importance of leadership. Sounds easy, right? Leadership and S&OP? Shouldn’t it be like peanut butter and jelly? What sounds so easy is very difficult.

S&OP 349

S&OP Supply and Demand Inventory Reduction Expense Reduction 349

Supply Chain Shaman

JANUARY 9, 2024

The companies with the strongest year-over-year performance (placing in the winner’s circle for six more times in ten years) are Apple, L’Oreal, Nike, Paccar, TJX, and TSMC. As an old gal, with over forty-years of supply chain experience, writing this report for ten years taught me many lessons.

Supply Chain Planning Software 299

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 299

Logistics Viewpoints

DECEMBER 17, 2024

However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Sustainability is high on the list of favorite corporate buzzwords.

Supply Chain Planning Software 161

Supply Chain Planning Software Procurement Solutions Supply Chain Software Cost Reduction Strategies 161

DELMIA Quintiq

DECEMBER 28, 2020

This is part 2 of a 2-part series on how to succeed in planning and decisions amid times of disruption. In part 1 of my blog on Planning the Value Chain and Decision Making in Times of Disruption, the focus was on the ability to react and execute amidst the unpredictability of demand. Technology for Effective Planning.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Prescriptive Analytics Software 296

Logistics Viewpoints

FEBRUARY 3, 2022

Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. My great-aunt Ione, who lived to be 103, quit smoking at 97, which prompted the question “why now?”

Inventory Reduction 320

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 320

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. The metrics that underpin MRP could be described as the balls in this juggling act. This article takes an in-depth look at the crucial metrics every supply chain professional needs to know.

Procurement Analytics 95

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 95

Logistics Viewpoints

MARCH 4, 2021

Remember those times when we used to stroll down the block and find local stores such as the mom-and-pop diners and get the chance to relish the coziness and sense of family environment there. Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 278

Supply Chain Shaman

DECEMBER 18, 2014

On my way back to the train, I struggled with what had just happened. Bridget, crossed her arms and asked why the project that they had just implemented on improving demand planning was not sufficient; and Lee across the table chimed in to say that the new processes of Integrated Business Planning (IBP) would do the trick. It is MUDA.

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Forecasting Software 279

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

GlobalTranz

SEPTEMBER 23, 2021

Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? . The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Focus on Cost. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

QAD

JULY 1, 2021

Your total manufacturing costs are essentially an expense analysis that calculates how each of your company’s departments contributed to producing a finalized product. Total manufacturing costs showcase how much your company spent to produce its inventory in a given period of time. What are Direct Materials?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 98

Supply Chain Shaman

JANUARY 2, 2023

A forecast is a time-phased view, or projection, of future demand. They vary in time-frequency, planning horizon, granularity, and unit of measure. An easy way to think about time horizons is to align the thinking with supplying lead times. Definition. Merriam-Webster. In this blog, I try to answer both questions.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

Supply Chain Shaman

JUNE 29, 2014

I remember the first time that I met the founders, Don and Toby. ” And from time to time, when we were behind deadline, and teasing each other about the looming weekly post, we would throw our llamas from cubicle to cubicle. It could no longer be just about inventory levels. The conference was low-key. Reflections.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Logistics Viewpoints

MAY 19, 2022

Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges. Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges.

Optimal Sourcing 266

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 266

Supply Chain Shaman

JULY 29, 2013

Every time that it happens, I smile. It was when gasoline was 1/3 the cost of today and there was a lot of excitement about 32-bit architectures and the move to client-server systems. Just ask any consultant and they will quickly tout “best practices.” I understand. I was once there also. Let me start with a story.

Supply Chain Planning Software 287

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 287

Supply Chain Shaman

DECEMBER 23, 2014

At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Get Good at Having a Real-time Perpetual Inventory Signal. Foundational for ecommerce is a real-time perpetual inventory (PI) signal. The proliferation of the business models is exciting.

Packaging 290

Packaging Inventory Reduction Supply Chain Design Software San Francisco 290

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. Days Sales of Inventory is a calculation to work out the average period of time (in days) that it takes for a business to sell its products or inventory.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

GlobalTranz

DECEMBER 30, 2014

Just as in the following five examples that reveal interesting data related to the trucking industry. Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible?

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Focus on Cost. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logistics Viewpoints

FEBRUARY 2, 2024

In some sort or another, Punxsutawney Phil has been predicting the weather since 1890, and let’s just say that his record is iffy at best. Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. And now on to this week’s logistics news.

Cost Reduction Strategies 271

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 271

GlobalTranz

DECEMBER 29, 2014

Logistics encompasses certain subsets of practices within the supply chain, such as just in time logistics, mission critical logistics, and more. The reason is that really, reverse logistics is something a lot of shippers and logistics providers have done for a long time. Top 15 Logistics Blog Posts of 2014. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Supply Chain Shaman

AUGUST 12, 2024

This morning, the New York Times pushed me an article by Peter S. The only products that can be efficiently outsourced with long lead times are in the “forecastable” column. They are all modeling items at a location level without measuring forecastability or Forecast Value Added (FVA). Let me explain. Not so today.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

GlobalTranz

NOVEMBER 21, 2017

Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. But many companies have struggled to embrace the relationship between using analytics and implementing changes that can improve business performance. The simpler the model, the more likely the use.

Analytics Software 173

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

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals.

S&OP 89

S&OP Procurement Analytics Supply and Demand Analytics Software 89

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. Cash-to-Cash Metrics. In times of uncertainty, cash is king. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Let me explain.

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Kinaxis

DECEMBER 12, 2017

One of the first applications I installed was a cookbook — the killer home PC application of the time. When making discretionary purchases, I could look at my projection to make sure that if I made that purchase, I would have enough money in the bank, not only now, but at the end of the month when my mortgage and car loan came out.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Planning 193

The Logistics & Supply Chain Management Society

MAY 18, 2021

In their time lean manufacturing and just-in-time were game-changing concepts. Sudden demand spikes, precipitous demand drops, supply disruptions, production line shutdowns and other events can only be managed by early prediction and real-time responsiveness. In 2021 it is an entirely new game.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential. Meet Ernest.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

ShipBob

NOVEMBER 22, 2021

Accurate analytics can be the roadmap to your business’s success. That’s why ecommerce analytics are vital if you want your DTC brand to grow. In this post, we’ll help you identify the key metrics you need to track in ecommerce analytics and the best tools that will help you gain a competitive edge.

Procurement Analytics 98

Procurement Analytics Analytics Software Analytics Optimal Sourcing 98

SYSPRO Smarter ERP

AUGUST 2, 2023

Food and Drug Administration (FDA) and other governmental entities necessitates continuous reporting on product traceability and adherence to exacting standards. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

DELMIA Quintiq

MARCH 18, 2016

It has become a habit to make sure that I am getting all my steps in and not just meeting, but exceeding my daily and weekly fitness goals. We were to form teams for a friendly competition to track the miles we walked or the time we worked out. I purchased my first fitness tracker, set my goals, and the competition began.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Optimization 202

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 261

Case Study Inventory Reduction Agile and Lean Supply Chain Study 261

Logility

APRIL 2, 2020

If you are just getting started on a supplier scorecard program, identify no more than three high priority objectives. If you can’t identify an outcome and a strategy to relate to the KPI, then you’ll be wasting time on data collection and analysis. 3 Get the metrics right. Strengthening a negotiating position.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel. Just take a look at what’s been happening over the last 3-4 months.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246