Exit 2022 Supply Chain Survey We want to hear what’s important to you. We want to hear what’s important to you.We’re conducting a brief survey to inquire about your 2022 inventory and supply chain planning initiatives to compete in today’s complex environment.Complete the survey by July 15th for a chance to win a free YETI Cooler! Question Title * 1. What industry are you in? HVACR & Plumbing Janitorial/Sanitation Medical Equipment Furniture Office Supply Wine and Spirits Food and Beverage Automotive/Heavy Trucking Industrial & Electrical Supply Technology Equipment Hardware & Home Supply Other (please specify) Question Title * 2. What type of operations does your company specialize in? (Select all that apply) Manufacturing / Light Assembly Wholesale Distribution Retail Third-Party Logistics Other (please specify) Question Title * 3. How often do you refine your supply chain plan based on real-time exceptions? Monthly Weekly Daily Continuously Never Question Title * 4. Do you currently include capacity planning or production scheduling as part of your S&OP Process? Yes No Question Title * 5. Which of the following describes the challenges your organization currently faces or will face in the short-term (next three years) in your inventory planning and forecasting environment? (Rank all that apply with 1 being most valuable) 1 2 3 4 5 6 7 Complex patterns of customer demand 1 2 3 4 5 6 7 Increasing volatility of demand (new competition, new customers, digital ecommerce) 1 2 3 4 5 6 7 Managing new product introductions 1 2 3 4 5 6 7 Handling event/promotional activities 1 2 3 4 5 6 7 Increasing supplier collaboration needs 1 2 3 4 5 6 7 Lack of internal processes and tools 1 2 3 4 5 6 7 Long lead times Question Title * 6. Do your current SCP & inventory optimization processes position you to take advantage of the macro economic trends/challenges such as rising inflation, rising cost of goods due to tariffs, etc.? Yes No Partially Question Title * 7. Which of the following business trends have you seen in your supply chain in the last year? (Select all that apply) Increased lead time due to transportation capacity challenges Greater increases in transportation or labor costs compared to recent year-over-year increases Higher lead time variability Greater increases in cost of items (purchase prices) compared to recent year-over-year increases The ability to pass on higher costs to customers None apply Question Title * 8. Have you evaluated/modified your inventory strategy in light of freight transportation costs? Yes No Not applicable Question Title * 9. Have you tried using machine learning techniques within forecasting and supply chain planning processes? Yes, and it was beneficial Yes, but not sure of the value add No, but want to use it Currently no plans to use it Question Title * 10. Of all the demand forecasting and supply chain planning processes, which remain a pain point in your ability to achieve your business goals? (Select all that apply) Demand classification Product lifecycle forecasting Seasonal profile management Event/promotion forecasting Multi-level/ top-down & bottom-up forecast reconciliation Slow mover management Integrated business planning Question Title * 11. Which of these inventory planning capabilities do you currently have and use? (Select all that apply) Understanding the cost impact of providing incremental service levels Ability to offer differentiated service level based on item importance or client Ability to dynamically evaluate the action plan because of demand changes Ability to reconcile sales, purchasing and financial plans to a consensus plan None of the above Question Title * 12. In the last year, on average, what percentage of the demand could not be fulfilled from current on-hand inventory or supplies? Always had the quantity 0.1 - 2% 2.1 - 4% More than 4% Don’t know Question Title * 13. What is your current days of supply on-hand? Less than 7 days 8-18 days 19-30 days 31-60 days 61-80 days 81 days or more Question Title * 14. What was your YOY sales growth? Question Title * 15. What was your YOY inventory growth? Question Title * 16. How do you currently measure supply chain planning and inventory optimization success? (Select all that apply) Customer service level Inventory turns Days of supply on-hand Improved forecast accuracy Inventory dollars Sales revenue Less manual intervention Question Title * 17. What are your organization’s top priorities? (Rank all that apply with 1 being most valuable) 1 2 3 4 5 6 7 Improve internal collaboration 1 2 3 4 5 6 7 Improve visibility and external collaborations 1 2 3 4 5 6 7 Reduce inventory 1 2 3 4 5 6 7 Increase revenue growth 1 2 3 4 5 6 7 Align supply chain planning with business strategy 1 2 3 4 5 6 7 Improve productivity 1 2 3 4 5 6 7 Improve cash flow Question Title * 18. Have you achieved last year’s business goal? (Select all that apply) Yes, we have achieved/exceeded all our last year business goal Met/exceeded sales goals Achieved inventory goals Achieved customer service goals Achieved return on investment goals None of the above Question Title * 19. What are your top pricing issues? Select all that apply. Access to historical pricing data Market or competitive price analysis Understanding and forecasting impact of price changes Determining hidden costs that impact pricing (returns, discounts, shipping, etc.) Approval of pricing overrides Achieving desired financial objectives (profit margin, revenue, market share) via price changes Vendor price negotiation and compliance New product introduction pricing Other (please specify) Question Title * 20. How important is pricing to your supply chain planning and inventory management processes? Very important, these processes are integrated at our company. Very important, we are working on integrating these processes. Somewhat important, there is limited integration between these processes. Not important Question Title * 21. Do you account for capacity and resource constraints as part of your S&OP planning? Yes No Question Title * 22. Do you currently use technology for your capacity planning or production scheduling? Yes No Not Applicable 33% of survey complete. Next
