Posts categorized as 'Supply chain management'

Supply chain planning – Does it makes dollars and cents to get it all from one vendor?

BillDuBois

Supply chain planning – Does it makes dollars and cents to get it all from one vendor?

Full disclosure: I work for a best-of-breed supply chain planning vendor so I will do my best to take an unbiased approach as I provide my opinions on how to solve the challenges of planning today’s supply chains with all its complexity and volatility.

I’ll be honest, it would be great to get everything from one supply chain software vendor. One negotiation, one price list, one number to call if by some chance something went wrong. At first glance is seems like a practical, straightforward approach. I can understand why IT organizations would want to limit the number of vendors they need to deal with. But do the economics work out?

Read the full story

Understanding supply chain dimensions to maximize ROI

RichardCushing

Understanding supply chain dimensions to maximize ROITo improve supply chain management and to maximize the return on inventory investment, it’s imperative to understand the supply chain dimensions that help define how your inventory is consumed.

To illustrate, this blog will look at bills of material (BOM) and a manufacturing environment, though the same principle applies in scenarios where items are consumed from your supply chain inventories by different customers, distribution centers or even the BOMs that reside outside the four walls of your supply chain operations at customer sites.

Read the full story

Lessons in product transition and supply constraints, via adidas

HarishIyer

One of the scary supply chain campfire stories I like to tell is of the CEO who stands in front of Wall Street to explain a revenue miss due to lack of visibility into the inner workings of its supply chain. A real-life version of which was recently lived by adidas.

During its annual earnings call, adidas CEO Kasper Rorsted explained to investors that the company’s slow sales growth in North America was attributed to supply issues as the company expands from high-end products into a mid-price range. According to Rorsted the volume increased faster than anticipated, and they didn’t respond quickly enough to the demand signal.

Read the full story

Apparel and footwear: At what point is missed sales better than excess inventory?

HarishIyer

Supply chain faux pas slows adidas sales growth

In adidas’s recent earnings call, CEO Kasper Rorsted warned that adidas would miss its 2019 growth target because its supply chain was unable to meet the huge demand for its mid-priced apparel, especially in North America.

adidas expected this to result in a one to two percentage point drop in its revenue growth, translating to a drop in revenue between €100 and €200 million.

For a company operating at almost 52 percent gross margin, that’s not an insignificant amount. 

Read the full story

On eating pie, and other reasons why Pi Day is good for supply chain 

DanielleMcNeil Taylor

Happy Pi Day! On eating pie, and other reasons why Pi Day is good for supply chain What a great day. You have to love a special day where eating all the pie you want is acceptable, the math jokes are endless, and there are always some clever shirts, memes and memory contests to keep you entertained for weeks.

Not only that, as I see the tweet count climb on Twitter, it is clear that Pi Day isn’t just for mathematicians, engineers and scientists anymore. It has expanded to the masses and can serve as a fun way to get people talking and engaging in STEM conversations.

Read the full story

How Kinaxis certification proves its worth

JoeCannata

How Kinaxis certification proves its worthSince the launch of the Kinaxis Certification Program in January 2016, we’ve steadily grown our certified user base. That base includes our technical employees, partners and customers, all of whom have worked to fortify and validate their RapidResponse skills in functionality, authoring and administration.

Why Kinaxis certification?

One question I often hear is, “Why should I get a Kinaxis certification?” It is no secret that having well trained, certified RapidResponse practitioners on staff means you have demonstrated the discipline to learn and master various aspects of RapidResponse, and can employ best practices. For a customer, they are able to derive the maximum value from their investment in a RapidResponse deployment. For employees and partners, it means staying at the top of their area of expertise.

Read the full story

[On-demand webinar] Slide into a new supply chain planning experience

AlexaCheater

[On-demand webinar] Slide into a new supply chain planning experience

Let’s face it. Managing a global supply chain is no easy feat. You constantly have to solve complex problems and manage shifting situations driven by things like regulation changes, growing consumer expectation and geo-political unrest. Tradeoffs and difficult choices are everywhere.

Add to that the fact that many of us are still using antiquated technology that just hasn’t kept up with the times and it’s no wonder we often feel stuck in firefighting mode.

Read the full story

Building stronger supply chain customer relationships

RichardCushing

Building stronger supply chain customer relationshipsThe first imperative of management in any for-profit enterprise must be to create customers. Without customers, there are no profits; only costs and expenses.

If the above statement is true, then to maximize the return on investment (ROI)—since it is almost always more expensive to create new customers than to sell to existing customers—management’s second big imperative is to build stronger supply chain customer relationships.

Read the full story