article thumbnail

Supply Chains Are Broken. Denial Will Kill Your Company!

Supply Chain Game Changer

I recently saw the headline for an article which said that Supply Chains are NOT broken, but rather it is just a demand planning issue. Once admired just-in-time systems have faltered badly. One of the fundamental problems which has contributed to the current breakdowns is the sheer lack of visibility.

article thumbnail

Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

When it comes to managing a supply chain, having access to real-time data can be a game-changer. By having a bird’s eye view of the entire process, companies can quickly adapt to sudden changes in demand and find new ways to optimize their operations. This can lead to significant cost savings and improved profit margins.

professionals

Sign Up for our Newsletter

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

article thumbnail

Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

The company has implemented sophisticated barcode scanning and point-of-sale systems to collect real-time data from its stores. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.

article thumbnail

What is Integrated Business Planning (IBP)?

IBM Supply Chain Blog

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Here are some essential strategic steps to consider: 1.

article thumbnail

Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. Common procurement metrics include spend under management, savings targets, supplier lead time reduction, procurement process efficiency gains, sustainability metrics and more.

article thumbnail

Double Inventory Turnover In 9 months!

Supply Chain Game Changer

As I mentioned in my prior blogs, Inventory Turnover Breakthrough , we needed to take a holistic approach and we needed to tackle the high level levers that influence inventory levels. . Supply/Demand Planning. As it turns out there was previously no Supply/Demand Planning process in the company.

article thumbnail

Food Waste and World Hunger – The Food Supply Chain is Broken! (Videos)

Supply Chain Game Changer

Better Supply-Demand planning, Quality management, transportation lead time reduction, distribution network optimization, cycle time reduction, better handling, more effective storage, real time order management, and reverse logistics improvement are all within the purvey of Supply Chain.