GlobalTranz

OCTOBER 27, 2015

In our first post in the series, we set the mindset of the shipper by going over the 9 key topics to understand about effective KPI management and followed that post with the 7 strategic performance business practices to track and 4 KPI problems to solve. . At times, an audit of the percentage behind KPIs will be necessary.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Logistics Bureau

OCTOBER 20, 2021

The components of the perfect order KPI are as follows: On-time delivery: A calculation of the percentage of sales orders that arrive on time. In full delivery: This KPI tracks the percentage of sales orders that are delivered completely, meaning that the customer receives the correct items, in the right quantities.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

ShipBob

JANUARY 28, 2022

In addition to storage optimization, you will want to keep your stock levels lean while avoiding stockouts. When businesses accurately calculate days on hand, they can minimize stockouts by keeping their inventory levels lean and restocking just in time. . One way to improve this KPI is to increase your product markup.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

The Logistics of Logistics

JANUARY 20, 2013

My particular improvement soapbox is Lean Management with some Six Sigma thrown in for good measure. The principles can be applied to anything, just like Lean and Six Sigma. Believe it or not Toyota DIDN’T invent Lean. At least, that’s the idea. He states that innovation is really just a remix of existing parts.

Six Sigma 131

Six Sigma Agile and Lean Supply Chain Lean Logistics Network Optimization Software 131

Bristlecone

JUNE 29, 2021

It includes bills of material, routing, factory layout and machine models into overall manufacturing planning – thereby facilitating lean manufacturing through the optimization of production and material flow. KPI Analytics. Manufacturing Integration with AI and ML. Plant Insights. OEE Insights. Manage Alerts.

SAP 52

SAP Supply Chain Design Software Supply Chain Planning Software Manufacturing 52

BlueYonder

MARCH 15, 2024

Accelerated Planning Every area in the supply chain is invested in accelerating its own plans and meeting its own KPIs already, but there’s no point in innovating and optimizing one area of planning if stakeholders are not considering the ripple effect in other areas. Schedule your strategy call with a Blue Yonder expert.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Planning Supply Chain Strategy 52

Supply Chain Opz

MAY 28, 2013

As you may notice, supply chain maturity model is like "KPI" but its expressed qualitatively and you have to use it strategically. 4) Lean Maturity Model. Every supply chain needs a certain degree of lean capabilities. Lean Maturity Model. Lean Maturity Model is the work from Lean Aerospace Initiative at MIT.

Modeling 113

Modeling Modeling Software Agile and Lean Supply Chain Supply Chain Software 113

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Our advice is to not have too many KPIs, and always include a KPI to ensure that you are not going backwards. For example, if you are wanting to speed up production then have a KPI measuring throughput, but also add a KPI measuring number of defects manufactured to ensure that the process is improving and not deteriorating.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

DELMIA Quintiq

APRIL 9, 2021

Collaborative Lean Operations. Lean Industry Thought Leadership Nominations. Hello Lean community! As part of DELMIA marketing and strategy we are developing an eBook based on thought leadership in Lean practices (overview attached). Lean deployment strategy. Company Planner’s KPI.

Supply Chain Design Software 31

Supply Chain Design Software Supply Chain Planning Software Optimization Software Predictive Analytics Software 31

SCMDOJO

MARCH 19, 2024

This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. Get the Logistics KPI Dashboard Excel Template – your essential companion for Logistics & Supply Chain Management. Coordinate with carriers and optimize routes.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

ToolsGroup

AUGUST 11, 2020

Most use ‘forecast accuracy’ as the main KPI to do this. Therefore it follows logically that filling orders–or order line fill rate (OLFR)–should be the number one KPI that tells you whether you’re meeting service levels. First, we need to establish: what’s the whole point of supply chains? To service demand!

KPI 156

KPI Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software 156

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. These are lean manufacturing, Six Sigma, Lean Six Sigma, and Agile for enhanced performance and momentum.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

GlobalTranz

APRIL 25, 2016

Effective, successful Key Performance Indicators (KPIs)/A balanced scorecard: Effective KPI management starts with some key areas to have both parties understand. These are core principles which will guide the rest of the more detailed and statistical KPIs found in the Service Level Agreement. Read more. . Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

TMC

SEPTEMBER 22, 2016

For example, at TMC, white boards are at the center of our daily discussions that help to drive customers’ key performance indicator (KPI) programs and provide status updates on active projects in the pipeline. A key part of our daily discussions is customer KPI metrics. The case for face-to-face.

Optimal Sourcing 48

Optimal Sourcing KPI Logistics Network Optimization Software Supply Chain Network Software 48

Synovos

FEBRUARY 21, 2023

At the same time, ESG is increasingly becoming a key performance indicator (KPI) to measure business success. It therefore makes good business sense for any company that wants to be around in the medium and long term to adapt and lean in to robust ESG practices. “The momentum behind ESG is growing,” says Parke.

Optimal Sourcing 52

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Design Software 52

Infosys Supply Chain Management

JUNE 6, 2014

Give personal bias a rest: Devising a KPI is a challenging affair, overcoming bias adds to the challenge. are some of the parameters which invariably finds top slots among the Asset Managers, KPIs devised on these premise are naturally biased with little or no focus on achieving the overall objective of the business.

KPI 40

KPI Asset Management Expense Reduction Lean 40

OptiProERP

AUGUST 17, 2022

What’s covered in this blog: What KPIs are in manufacturing. The difference between KPIs and metrics. What determines a good KPI. Why manufacturers should use KPIs. The top 12 manufacturing KPIs and how to calculate them. How KPIs can be made actionable. What defines a good manufacturing KPI?

Manufacturing 52

Manufacturing KPI Expense Reduction Cost Reduction Strategies 52

OptiProERP

AUGUST 19, 2022

Throughput is an essential KPI , and a lean metric, as it evaluates performance. Throughput is the time it takes for a product to pass through manufacturing processes on a machine-by-machine basis for a defined period. Throughput only includes fully completed work and none that is still in progress.

Manufacturing 52

Manufacturing Resource Reduction Waste Reduction Expense Reduction 52

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. Lean manufacturing concept has been implemented widely in the automotive industry so the case studies about lean manufacturing is very readily available.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Supply Chain Shaman

FEBRUARY 12, 2017

We also have strong manufacturing culture and high focus on “Lean” initiatives. Forecast Accuracy and Bias are two of the key KPI s we monitor monthly basis, we also investigate root causes and continuously strive for improved forecast quality. The second factor is cultural: “A Focus on Simplicity”. This is a design element.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

GlobalTranz

OCTOBER 29, 2015

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL."

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

RFgen

MAY 16, 2023

Competitive Advantage : Leaning on data analytics can give you a competitive edge over rivals by enabling greater agility in responding to market changes and customer needs.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

Supply Chain Movement

MAY 19, 2016

With an ultra-lean supply chain in place we have moved to the next step, which is to build in flexibility and agility to meet customer requirements and hence build customer intimacy. We have to be lean. To cope with the highly competitive industry, four to five years ago we established our ultra lean set up.

Supply and Demand 60

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 60

Loop Supply Systems

JULY 21, 2016

Inventory is one of the 7 Lean Mudas (Japanese term for ‘waste’). It leads to an inefficient supply chain that is riddled with waste, which in turn reduces profit, customer satisfaction, and everything else lean manufacturers work to improve. Reducing Excess and Obsolete Inventory with Lean Six Sigma. •

Inventory Reduction 40

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 40

ThroughPut

OCTOBER 16, 2022

Also, since online and offline store channels operate differently with different KPI targets, creating optimum inventory levels to manage all of this could be a challenge. This can help improve business performance by becoming more lean and profitable. Improve quality by getting things right in the first attempt.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Unleashed

JULY 23, 2023

You can calculate order cycle time using the formula: (Delivery Date – Order Received Date) / Total Number of Orders Shipped = Order Cycle Time This KPI reveals where you need to develop new strategies to improve the speed of your order fulfilment. Takt time Takt time is a KPI that helps set the pace of your manufacturing process.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Silvon Software

APRIL 8, 2022

In an effective KPI strategy, leading indicators that help provide insight into future performance should be balanced with lagging indicators that tell them how they’ve done. I also suggest to our manufacturing clients that they keep the following basic principles in mind relative to their KPI strategies. Machine KPIs.

Optimal Sourcing 108

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 108

Logistics Bureau

JANUARY 3, 2018

2018 Trend #4: Elastic is the New Lean. Furthermore, they may signal the end of “lean” as a dominant force in supply chain design and strategy. In place of lean, we might have to get used to a new conceptual buzzword in supply chain management—elastic logistics. 2018 Trend #7: More Things Will Connect to the IoT.

Supply Chain Design Software 64

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 64

Supply Chain Game Changer

SEPTEMBER 10, 2019

Are you tracking KPIs that are really necessary or are some of them redundant? Are the KPIs tracking sufficient to meet your needs and the overall organization’s objectives? Depending on how you answer it may be time to rework your KPI dashboard. Look Beyond Your KPIs. © Copyright Mortson Enterprises Inc.

Resource Reduction 51

Resource Reduction Cost Reduction Strategies Inventory Reduction Forecasting Software 51

SCMDOJO

APRIL 4, 2023

As a result, these analytics help companies achieve a lean supply chain, prepare for the future, and better understand risks. Five Types of Supply Chain Analytics Descriptive analytics: Descriptive analytics uses data to explain the past and current reality, by examining trends and relationship patterns.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

ThroughPut

JUNE 4, 2020

Also, since online and offline store channels operate differently with different KPI targets, creating optimum inventory levels to manage all of this could be a challenge. . This can help improve business performance by becoming more lean and profitable. Improve quality by getting things right in the first attempt.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Also, since online and offline store channels operate differently with different KPI targets, creating optimum inventory levels to manage all of this could be a challenge. . This can help improve business performance by becoming more lean and profitable. Improve quality by getting things right in the first attempt.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Silvon Software

APRIL 29, 2022

In an effective KPI strategy, we always recommend that leading indicators that help provide insight into future performance should be balanced with lagging indicators that tell companies how they’ve done. Every inventory KPI needs a clearly defined goal. This KPI varies by company and industry, but in general a rate above 80% is good.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

The Lean Supply Chain

AUGUST 5, 2015

• Cost Reduction agreements. • Implementation of Lean initiatives to increase throughput to customers. • Six Sigma: Voice of the Customer (VOC) feedback/Customer Service. There are many more KPIs that can be added to this basic SLA agreement. The more KPIs, the more difficult the negotiation process. If not, why not?

Negotiating Skills 40

Negotiating Skills Logistics Network Optimization Software KPI Six Sigma 40

QAD

OCTOBER 13, 2020

Manufacturers who practice Lean , Just-in-Time , Repetitive, TPS or other advanced manufacturing practices use them to resolve problems quickly by speeding up the ability to communicate problems quickly and concisely. KPIs on the Operations Production Andon Board Action Center.

Procurement Analytics 98

Procurement Analytics Manufacturing Procurement Cost Reduction Strategies Inventory Reduction 98

Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. It was challenging to get the industry onboard.

Logistics Network Optimization Software 279

Logistics Network Optimization Software Negotiating Skills Optimization Software Buyer Training 279

SCMDOJO

OCTOBER 7, 2022

Perform lean with Logistics activities. Attribute 3 – Cost related Logistics KPIs. We should also note that there is a thin line between quality KPI and productivity KPI. They all have different formulas, which can be found in the Logistics KPI Dashboard on the SCMDOJO website. Order picking time = No.of

Optimal Sourcing 109

Optimal Sourcing Logistics Network Optimization Software Logistics Supply Chain Design Software 109