Logility

AUGUST 14, 2023

The presence — or absence — of required data is going to have an impact on the metrics being used to measure the success of the project. Setting goals without understanding what data is available and required risks sending the project and its metrics off course. Some organizations will want to focus on improved forecasting.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 202

Silvon Software

JUNE 1, 2023

KPIs are essential in S&OP as they provide a quantitative framework for gaining visibility, aligning efforts, supporting decision-making, and driving continuous improvement across the business. Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

JULY 25, 2021

The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance. Functional Intitiatives Without Clarity on Supply Chain Strategy.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Tompkins Blog

JANUARY 13, 2014

These skills vary, including obtaining benchmark metrics with best in class operations and/or key competitors. They can also require identifying the right processes, practices, and enabling technologies that should be analyzed to identify areas where high value improvements are possible. Article Supply Chain Supply Chain Assessment'

Continuous Improvement 45

Continuous Improvement Pharmaceutical Supply Chain Design Software Supply Chain Strategy 45

Supply Chain Shaman

MARCH 27, 2023

Just as the electric light bulb did not come from the continuous improvement of candles, I believe that supply chain planning improvements will not come from doing more of the same. Integrating data does not align an organization motivated by functional metrics. My goal is to drive change. Digital Brain.

Supply Chain Planning Software 308

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 308

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. The analysis needs to be measured through an evaluation of year-over-year improvements. We find that companies can improve one, but not two of the metrics. A Look at History.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

ModusLink Corporation

SEPTEMBER 7, 2023

Continuous Improvement and Performance Metrics: Large tech companies benefit from continuous improvement initiatives driven by performance metrics. Analyzing inventory turnover ratios, stock accuracy, and fill rates ensures that inventory management strategies stay aligned with business goals.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Continuous Improvement and Performance Metrics: Large tech companies benefit from continuous improvement initiatives driven by performance metrics. Analyzing inventory turnover ratios, stock accuracy, and fill rates ensures that inventory management strategies stay aligned with business goals.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Continuous Improvement and Performance Metrics: Large tech companies benefit from continuous improvement initiatives driven by performance metrics. Analyzing inventory turnover ratios, stock accuracy, and fill rates ensures that inventory management strategies stay aligned with business goals.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

SCMDOJO

MARCH 19, 2024

Furthermore, They are tasked with developing strategies, managing relationships with suppliers and partners, and continuously improving the supply chain. Analyze performance metrics and implement improvements to enhance efficiency. Supply Chain Director Set strategic goals and objectives for the supply chain department.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

QAD

JUNE 20, 2023

Operations and manufacturing managers always look at metrics on productivity, schedule adherence, downtime and other critical production data. They can collect data on production processes, inventory levels, machine performance and other relevant metrics. It also enables better demand forecasting and planning.

Optimal Sourcing 90

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 90

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

OptiProERP

APRIL 9, 2024

Continuous improvement initiatives help enhance product quality and customer satisfaction. Use dashboard reporting and analytics tools to track performance metrics in real-time and identify areas for improvement. Quality Assurance Quality assurance ensures that products meet predefined quality criteria.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Elementum

FEBRUARY 7, 2024

Measuring Automation Success Evaluating the effectiveness of business process automation through AI requires a focus on specific metrics and their influence on organizational goals. These evaluations should guide towards continuous improvement.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

The Logistics of Logistics

FEBRUARY 15, 2013

A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Habit 6 – Continuous Improvement.

KPI 189

KPI Logistics Network Optimization Software 3PL Continuous Improvement 189

Kanban Logistics

OCTOBER 31, 2023

Two areas that should be of interest are continuous improvement and KPI management. Continuous improvement For most companies, it is important that their 3PL partner has a documented continuous improvement program (CIP) in place. Each metric must also have a goal which denotes success (e.g.,

Warehousing 52

Warehousing 3PL Supply and Demand Logistics Network Optimization Software 52

Veridian Solutions

SEPTEMBER 17, 2014

Metrics, sometimes referred to as key performance indicators (KPls), data, insights, or analytics, provide a glimpse into the universe of your warehouse management system (WMS) and operation. Tracking the right warehouse metrics is comparable to using binoculars to gain insight into your processes.

Metrics 40

Metrics Warehousing Supply Chain Analytics Software 40

QAD

JULY 23, 2020

Improving the Quality of Products Sold by a Business. When comparing business metrics , there are four primary types of benchmarking to consider: Internal benchmarking measures improvements that can be made to a business process or function internally and within the organization. Review and Continue the Process.

Benchmarking 132

Benchmarking Metrics Manufacturing Six Sigma 132

QAD

JULY 23, 2020

Improving the Quality of Products Sold by a Business. When comparing business metrics , there are four primary types of benchmarking to consider: Internal benchmarking measures improvements that can be made to a business process or function internally and within the organization. Review and Continue the Process.

Benchmarking 130

Benchmarking Metrics Manufacturing Six Sigma 130

QAD

APRIL 13, 2023

In addition, the continued existence of product quality issues may point to increased complexities in the supply chain, limited innovation in manufacturing, inadequate adoption of modern manufacturing technologies and robust quality management systems.

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. Global logistics leaders wanted to improve service levels, lower costs, and fortify Cardinal Health’s supply chain planning process.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Each requires its own portfolio of metrics. How do we get buy-in around the organization?

Inventory Reduction 63

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 63

Arena Solutions

APRIL 9, 2024

Then, escalating issues back to Arena PLM closes the quality loop, allowing you to flow corrective actions back to design for continuous improvement. As Arena PLM and ION Factory OS exchange data back and forth, upstream and downstream coordination opens up new opportunities for continuous improvement.

Manufacturing Procurement 75

Manufacturing Procurement Supply Chain Design Software Manufacturing Analytics Software 75

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

In SIOP, accountability is a huge part of achieving desired outcomes, improving monthly metrics and satisfying the customer needs. action of being held responsible for the results obtained after performing a given activity and the obligation of an individual or team to perform, adhere to and engage in a task as expected.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

GlobalTranz

OCTOBER 6, 2021

With driver shortages still impacting the industry and continual volatility within supply and demand balances, it is more important than ever for OTR managers to get on board with remote tools and digital services, including advanced shipper TMS platforms and managed services to reduce workload. .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

GlobalTranz

DECEMBER 8, 2021

Tracking transportation metrics provides context for understanding and implementing transportation best practices to support continuous improvement in the relationship. Be clear about how you will measure success. Common KPIs in a carrier relationship include on-time performance, least-cost carrier compliance and cost per lb.

Freight 226

Freight Network Optimization Software Modeling Supply Chain Planning Software 226

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. The questions that are most often asked are: What metrics should I use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Operations and Supply Chain Management

NOVEMBER 21, 2023

4 Monitor performance metrics: To ensure that their supply chain meets its targets, companies should track and monitor real-time performance metrics such as on-time delivery, inventory levels and production efficiency. 5 Continuously improve: Concurrent planning is an iterative process that requires continuous improvement.

Supply Chain Planning Software 40

Supply Chain Planning Software Scenario Planning Supply Chain Planning Optimal Sourcing 40

DELMIA Quintiq

AUGUST 13, 2014

For this, he uses the Theory of Constraints (TOC), following five steps of continuous improvement. Not because he lacks vision, but because he has been focusing on the wrong performance metrics for too long. His first realization is that in order to improve the plants performance, he needs new relevant metrics and KPIs.

Scenario Planning 214

Scenario Planning Supply Chain Planning Software Predictive Analytics Software Expense Reduction 214

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Industry Week, March, 2016).

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

GlobalTranz

AUGUST 14, 2018

Why effective transportation management can often boil down to how effectively executives and managers are managing the data coming out of their shipping processes to lead towards continuous improvement that gets cost savings and of course beating this current capacity crunch. Transportation Management Data Downloadable Resources.

Cost Reduction Strategies 120

Cost Reduction Strategies Transportation Management Resource Reduction Transportation 120

Supply Chain Shaman

SEPTEMBER 2, 2016

The focus cannot be about only continuous improvement of existing processes. Culturally companies need to bridge the difference between a traditional focus on continuous improvement and the need to drive a disruption. Pick five-to-seven balanced metrics and hold all functions accountable to these corporate metrics.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

ThroughPut

AUGUST 25, 2020

What is Continuous improvement in Manufacturing? Continuous improvement in manufacturing involves taking an established production process and looking for multiple ways to incrementally improve the production process. Continuous improvement for your plant floor – 5 steps.

Continuous Improvement 52

Continuous Improvement Waste Reduction Resource Reduction Manufacturing 52

Elementum

DECEMBER 14, 2023

Metrics to Measure Success Once automation has been implemented, it’s crucial to track its success through Key Performance Indicators (KPIs) and other metrics. Remember to review and adjust your automation strategy based on these metrics and evolve your processes to maximize efficiency and effectiveness.

Supply Chain Software 78

Supply Chain Software Optimization Software Resource Reduction Supply Chain Planning Software 78

EC Sourcing Group

MARCH 12, 2023

A supplier scorecard is the result of supplier analysis based on a set of key performance indicators and metrics. Steps for building a supplier scorecard: Focus on the purpose of the scorecard by recognizing and determining the right measures and metrics, or, your KPI’s.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52