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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In my post Mea Culpa, I reference my work with the Gartner Supply Chain Hierarchy of Metrics. Error is error, but is it the most important metric? My answer is no.

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Tell Me Why

Supply Chain Shaman

Traditionally, the focus has been on building efficient organizational silos for make, source or deliver. As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. When I started this research in 2010, I believed that P&G and Wal-Mart would meet this criteria.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. Average Inventory Levels by Industry over the Period of 2010-2018.

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Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

Industry-by-industry, I compiled data for the period of 2010-2018. The source data for the analysis comes from Ycharts.). We selected these metrics based on correlation work with Arizona State University in 2012. The companies I work with struggle to set metrics targets. Click the link to see the detail.) Target Setting.

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ERP Aids Your Sustainability Initiatives

QAD

In 2020, Coca-Cola achieved a goal to reduce relative carbon emissions by 25% by 2020, against a 2010 baseline, and is now working on further reductions. In other examples, you’ll find ERP provides the necessary insights and metrics, like OEE , to enhance production execution. And, ERP can – and does – play a strong role.

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Supply and demand production challenges with new products

Kinaxis

Alternative sources for parts. By implementing the above actions, supply chain managers can use the Tracking Ratio (TKR) metric during the introduction phase to measure the rate between the variety manufactured and customer orders. Setting of specific strategic safety stocks on critical components. Manufacturing flow simplifications.

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How Many Slaves Are in Your Supply Chain?

Talking Logistics

California, for example, passed the California Transparency in Supply Chains Act of 2010 , which went into effect in January 2012. In response, federal and state governments are taking action to drive down the use of slave labor in supply chains.