Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Nevertheless, measuring supply chain performance is critical for a manufacturing concern.

Manufacturing Procurement 89

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 89

Supply Chain Shaman

NOVEMBER 21, 2023

My client attempted to have a supply chain discussion to improve flow, and his executive group just did not get it. I was promoted to run the warehouse, and at the time, I had no experience in distribution, but was asked to run the largest distribution center in the system. The metrics were not aligned. Yes, I am that old.)

Supply Chain Planning Software 343

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 343

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Isn’t time important? Shouldn’t time, both international and domestic, be measured? Absolutely time is a critical component of measuring supply chain performance. What kinds of "time" measurements exist? We just can’t forget cost reduction.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

ToolsGroup

MAY 9, 2024

To avoid falling into the short-term focus trap, retailers must adopt a more strategic outlook that balances immediate gains with the preservation of brand integrity and long-term profitability. The Unprofitable Cycle: Escaping the Discount Spiral It’s not just margins that suffer. ” signs and “50% OFF!”

Resource Reduction 156

Resource Reduction Cost Reduction Strategies Retail Procurement Analytics 156

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. Days Sales of Inventory is a calculation to work out the average period of time (in days) that it takes for a business to sell its products or inventory.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Unleashed

FEBRUARY 12, 2023

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Why is it important to track cash flow metrics?

Procurement Analytics 52

Procurement Analytics Metrics Expense Reduction Inventory Reduction 52

QAD

JULY 1, 2021

Total manufacturing costs showcase how much your company spent to produce its inventory in a given period of time. This is not to be confused with the cost of goods manufactured (COGM), which refers to just the cost of inventory that was finished and prepared for the sale in the period. What are Direct Materials?

Manufacturing Procurement 88

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 88

ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance.

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Kinaxis

NOVEMBER 26, 2014

Reason #8 Keeping supply chain information in silos (and preventing your users from making the best decisions). Reason #8 Keeping supply chain information in silos (and preventing your users from making the best decisions). I can’t tell you how many times I’ve heard that phrase from different people in different contexts.

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 256

Supply Chain Shaman

JANUARY 9, 2024

The companies with the strongest year-over-year performance (placing in the winner’s circle for six more times in ten years) are Apple, L’Oreal, Nike, Paccar, TJX, and TSMC. Supply Chains to Admire Winners 2023 Examine Your Own Paradigm. How Do You Define Excellence? Humility exudes from my fingers as I type this post.

Supply Chain Planning Software 300

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 300

Talking Logistics

SEPTEMBER 12, 2017

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. As a leader, you need many tools to eliminate this mindset.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

Logility

JANUARY 26, 2017

” This holds just as true today as the day it was first said. 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. When it comes to supply chain metrics, “beauty is in the eye of the beholder.”

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Logistics Viewpoints

FEBRUARY 3, 2022

Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. Concurrent planning provides robust information and resilience. JIT isn’t the main problem, and JIC isn’t a solution.

Inventory Reduction 290

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 290

Logistics Viewpoints

FEBRUARY 16, 2021

With this information, are you any closer to knowing what to do about it, or have you just enriched your ability to admire your problem and see it close up? In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. Agility to act on transparency.

Supply Chain Visibility 284

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 284

Logistics Viewpoints

JUNE 19, 2023

These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. A true WMS is a real-time system. A real-time WMS can achieve inventory accuracy of 99.9% For fulfillment to be efficient, a warehouse needs the right inventory located in the right slots in a warehouse.

Supply Chain Design Software 237

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 237

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Thanks for your time today. Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. People like stories.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Logistics Viewpoints

MARCH 25, 2024

Increasingly, large enterprises have decided to do just that. It would be cheaper to build just one multi-tenant solution,” Kevin Samuelson the CEO of Infor explained. “But This in turn rests on developing solutions far more industry-focused than their competitors. But it would not be as good for our customers.” Infor does as well.

Vendor Strategies 225

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 225

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 322

Logistics Viewpoints

FEBRUARY 15, 2023

I informed our readers that ARC Advisory Group/Logistics Viewpoints is conducting a survey to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. We approached the topic from the perspective of importance in comparison to other objectives and change in importance over time.

Supply Chain Planning 198

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 198

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. 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. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

TrackVia

MARCH 25, 2024

Imagine being able to track your team’s progress on a project from anywhere, at any time, with just a few taps on your smartphone. That’s the power of mobile workflow solutions, and it’s not just a pipe dream – it’s happening right now, in businesses just like yours.

Optimal Sourcing 105

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Waste Reduction 105

Logility

AUGUST 18, 2023

Despite these challenges, integrating supply chain planning into your corporate strategy isn’t just an operational imperative — it’s a critical strategic move that can drive your supply chain performance forward. Each of these hurdles presents its own unique issues that can disrupt alignment and hamper efficiency.

Supply Chain Performance 188

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 188

Logistics Viewpoints

OCTOBER 26, 2023

As an engineer, former solutions architect and now CEO of a leading supply chain technology company, I have a real affinity and respect for Chief Information Officers (CIOs) and their teams, without whom successful enterprise technology deployments would be impossible. We’re just not meeting customer expectations.

Supply Chain Planning Software 200

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 200

Unleashed

MAY 9, 2024

In the same amount of time, and with the same resources, one factory produces twice as many products. It can be defined as achieving the desired output with the least amount of input – whether that’s fewer raw materials , labour, time, or energy. What is manufacturing efficiency? What is good manufacturing efficiency?

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

Logility

AUGUST 15, 2023

But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. This broad spectrum must be captured fully, including metrics on energy consumption, water usage, and overall environmental impact,” explains Vethuizen.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Unleashed

MAY 12, 2024

metric tonnes of carbon emissions, writes Neil Perry. Two Dudes don’t just sell award-winning grooming products – they’re on a mission on to save men’s health. “We’re trying to change men’s health, one bathroom at a time. will fall from 958k to 913k if ecommerce penetration continues to rise.

New Zealand 52

New Zealand Forecasting Price Reduction Austria 52

Logility

AUGUST 25, 2020

Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. Delivered full / on time. 100M in lost sales and 20% drop in stock price in one year.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Logistics Viewpoints

NOVEMBER 14, 2022

But even in more normal times, a supply plan usually can’t be fully executed. The network supports a wide array of messaging types including real-time GPS, EDI, and API-based capacity requests, bookings, statuses, and customs messages. Real-time location and IoT data such as condition statuses (e.g., Stuff happens.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

ModusLink Corporation

SEPTEMBER 7, 2023

It encompasses the strategic planning and coordination of activities that drive the flow of goods and information across the entire supply chain network. It encompasses the strategic planning and coordination of activities that drive the flow of goods and information across the entire supply chain network.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

It encompasses the strategic planning and coordination of activities that drive the flow of goods and information across the entire supply chain network. It encompasses the strategic planning and coordination of activities that drive the flow of goods and information across the entire supply chain network.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

It encompasses the strategic planning and coordination of activities that drive the flow of goods and information across the entire supply chain network. It encompasses the strategic planning and coordination of activities that drive the flow of goods and information across the entire supply chain network.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

BlueYonder

APRIL 9, 2024

And, in recent times, this has made the critical notion of sustainability an equally vast challenge. And they come from shareholders who realize that sustainability doesn’t just implicate the environment — it means complete futureproofing across the business, people and planet. The former deadline isn’t far away.

Optimal Sourcing 102

Optimal Sourcing Sustainability Material Savings Waste Reduction 102

Logility

DECEMBER 28, 2020

By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Specifically, practitioners can use intuitive displays to drill into safety metrics, product quality, on-time delivery, cost efficiency, and much more. That’s not good enough. Quality Control.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

SCMDOJO

FEBRUARY 29, 2024

Supplier performance management provides detailed information about the risks your suppliers may have, so you can take action to reduce or eliminate risks in your supply chain. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. What metrics do others (in my industry) use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Logility

JUNE 23, 2023

You quickly realize your old map just isn’t enough anymore. It’s not just about what happened in the past but also includes current factors like market trends, promotions, and even the weather. A traditional forecasting model might look at last year’s sales metrics to predict this year’s. Sounds familiar?

Forecasting 192

Forecasting Forecasting Software Modeling Predictive Analytics Software 192

Logility

DECEMBER 29, 2020

By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Specifically, practitioners can use intuitive displays to drill into safety metrics, product quality, on-time delivery, cost efficiency, and much more. That’s not good enough. Quality Control.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130