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Most companies segment their supplychain by breaking it down according to operational and logisticalmetrics. But there is another way to segmentsupplychains that begins with the customer. Editor's Note: There will be no blog post next week.
It’s a problem of “lost in translation”—the differing lingo used by the finance side versus planning, supply, production and logistics. The language of finance is numbers, but they’re different numbers than the ones used by supplychain. This isn’t just aligning financial planning with S&OP.
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 supplychain. The need for supplychainsegmentation in Sara’s situation is clear, but what about your business?
Omnichannel logistics challenges. The expectation of instant consumer gratification has businesses scrambling to shore up their supplychain to ensure cost-effective on-time delivery, which is where omnichannel logistics comes into play.”[3] Lack of Inventory Visibility and Metrics. Reverse Logistics.
. #5 Identifying the Right KPIs Identifying and implementing the right KPIs to manage and operate supplychains effectively remains one of the biggest problems in supplychain management. Furthermore, it is difficult to agree on the number of metrics to consider – how much is too much? #6
I also had the pleasure of hosting a roundtable session on supplychainsegmentation along with Bob Heaney , Aberdeen’s lead analyst for SupplyChain Management. Twenty-five executives from pharmaceutical, CPG, retail, logistics and B2B/industrial industries were part of this insightful and interactive discussion.
How the SupplyChain Crisis is Impacting Businesses and Consumers. 66% of consumers are concerned that supplychain issues will never end ( Chain Store Age ). 82% of people have concerns that the supplychain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.
You’ll learn: What customer segmentation in supplychain 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?
At LogiChem, attendees interacted through roundtables and panel discussions on topics that identified best practices around inventory and supplychainmetrics, third party logistics provider (3PL) management, rail logistics strategy to combat the driver shortage dilemma, and a host of other topics. Risk management.
However, as carbon taxes and emissions reporting requirements continue increasing, supplychain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics.
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