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Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). One Size Does Not Fit All.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

In addition, build a planning master data management system. Record shipment times into a dynamic database for lead times (based on actual data) and ground planning models with this new logistics reality. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics.

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A Look Into Procurement Metrics Amidst The Pandemic 

ivalua

Of course, over the last few years, the role of Procurement has become more visible, in large part due to broader recognition of the value and closely monitored and tracked performance metrics that are now more mainstream. Spend Under Management. Data Management Capabilities . Addressable Spend That is Sourced.

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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

The symposium emphasized the importance of data management to track ESG metrics and ensure compliance with regulations. Steve discussed how Procurement teams are in a unique position to drive sustainable initiatives within their organizations and the steps they need to take to drive these changes.

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Best Practices for a Marketing Database Cleanse

Multiple industry studies confirm that regardless of industry, revenue, or company size, poor data quality is an epidemic for marketing teams. As frustrating as contact and account data management is, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information.

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How to Define a Performance Measurement Strategy

Silvon Software

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? Can we get the right resources needed to collect data for analysis before it’s too old?

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7 Ways AI Can Impact Your Supply Chain and Logistics Operations

Stord

Specific industries measure specific KPIs, and AI is an easy way to pull data in and get real, usable and actionable metrics back. The End of “Where Is My Order” Tickets AI functionality integrated with order management and customer support systems could significantly boost consumer satisfaction.