All the Supply Chain Metrics You Need to Know
Metrics are helpful to focus on what matters. The right metrics lead to better performance and results.Below, I break down 28 essential metrics from Planning, Procurement, Operations, and Logistics,...
All the Supply Chain Metrics You Need to Know
Metrics are helpful to focus on what matters. The right metrics lead to better performance and results.Below, I break down 28 essential...
What is the Difference Between Sales and Operations Planning (S&OP) and Integrated Business Planning (IBP)?
Is that the right question? Or should we ask whether there are any differences between Sales and Operations Planning (S&OP) and Integrated Business Planning (IBP)? There has been a heated debate...
Accrual and Cash Accounting: The Fundamentals for Supply Chain Professionals to Master in Mature S&OP/ IBP
Sales and Operations Planning (S&OP) may remain “a Supply Chain thing” if there is no integration with Finance. A less mature S&OP resides within functional silos, preventing companies from...
Sales and Operations Planning Terminology 101: S&OP, SIOP, IBP, FP&A, S&OE/ITP Explained
So many acronyms can become confusing even for the seasoned practitioner of financial and operational planning. This article aims at defining and shedding light on the concepts behind the numerous...
How to run a successful Sales and Operations Planning (S&OP) for Substantial Financial Results
Think about profits, margins, cash flow, EBITDA (earnings before interest, tax, depreciation, and amortization). Stop thinking about number of cases, pallets, truckloads, and OTIF (on time in...
How to Read the Financial Statements for Supply Chain and Procurement Professionals
There are three main financial statements: Cash flow statement Income statement or Profit and Loss statement (P&L) Balance sheet Cash Flow Statement The cash flow statement shows the inflows and...
Excel Functions for Demand Planning
In today's dynamic business environment, supply chain and demand planning have become critical to successful businesses. As a result, demand planners and supply chain managers are constantly looking...
From Data to Decisions—The Role of Analytics in Supply Chain Planning
Today, manufacturers, distributors, retailers, and logistics providers form a complex global supply chain. In this environment, informed decisions that optimize performance throughout the supply...
How to Avoid These 7 Costly Supply Chain Planning Mistakes
Supply chain planning is essential to running any business because it determines how effective and efficient your supply chain operations are. It entails forecasting demand, managing inventory, and...
Outsmarting Supply Chain Vulnerabilities: A Guide to Planning and Forecasting—Guest Post by CEO DB Schenker, David L. Buss
In today's digital economy, businesses have come to rely heavily on their supply chain networks. While the efficiency and cost savings associated with these networks are undeniable, they also...
Don’t Wait Until Month Ends: S&OP and S&OE
Who could forget COVID-19? It changed the world. It changed everything. It changed you. For supply chain, there is a before and after, a transformation from unknown to celebrity. COVID-19 also...
The Power of Data in Supply Chain
“In God we trust, all others bring data”, W. Edwards Deming, statistician, professor, author, lecturer, and consultant. “The goal is to turn data into information, and information into insight”,...
How To Scale Your Business Operations Fast Without Burning Your Money
Are you feeling the pain? A yes answer could be great. For example, when you are working out, feeling some pain means that your body is obtaining results. If you are feeling pain in your business,...