GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. In fact, we are introducing our newest blog category so you may easily read all supplier quality management type posts here. . Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Silvon Software

JULY 22, 2022

Fortunately, applying metrics to multi-source operational information that’s stored and managed in a data hubs greatly minimizes these issues. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market. Our Top 24 Supply Chain KPIs & Metrics. Perfect Order Rate.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Unleashed

APRIL 18, 2023

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

QAD

JULY 1, 2021

Again, we’re focused on those directly involved in product production, such as employees who work on the assembly line, quality inspectors and the managers who oversee them. Quality inspections of products. Put simply, ERP software allows you to reduce the use of unnecessary resources without sacrificing quality.

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

QAD

MARCH 28, 2019

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. Companies can use these metrics to help ensure they are doing everything possible to satisfy their customers at a manageable and sustainable cost. Choosing Metrics.

Customer Service 80

Customer Service Metrics Forecasting Forecasting Software 80

Talking Logistics

NOVEMBER 2, 2016

Assuming you can start with a clean slate, are there any guiding principles to selecting the “right” metrics? One is they have way too many metrics. Which supply chain metrics matter the most? Do you have too many or too few metrics in your organization? Are your metrics lagging indicators or leading indicators?

Metrics 100

Metrics Supply Chain Logistics Network Optimization Software Supply and Demand 100

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Twitter Google+ LinkedIn The post 3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance appeared first on Transportation Management Company | Cerasis.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Shaman

OCTOBER 16, 2023

A shift from functional metrics to a balanced scorecard. I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. The focus on functional metrics sub-optimizes balance sheet results. Funny, isn’t it? Not Paying Attention to Process Latency.

S&OP 321

S&OP Supply and Demand Forecasting Supply Chain Design Software 321

Kinaxis

JUNE 22, 2015

This post will discuss some of the metrics and analysis tools that an inventory manager needs to identify risk and opportunities and to make intelligent decisions to optimize the performance of their inventory. The metrics you choose should answer the questions your organization is asking, without requiring additional analysis.

Metrics 100

Metrics Inventory Reduction Inventory Inventory Management Software 100

Unleashed

SEPTEMBER 22, 2019

Delivery In Full On Time, or DIFOT, is a metric used to analyse how accurate and efficient your supply chain is. When it comes time to reassess the approved supplier list, then you can use these metrics to disqualify problematic suppliers and improve your own performance and supply chain.

Metrics 61

Metrics Supply Chain Design Software Inventory Management Software Forecasting Software 61

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Logility

JANUARY 26, 2017

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). requires a different set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Arena Solutions

JUNE 5, 2023

Quality and Regulatory Alignment for Audit Readiness Full transcript below: Wendy Levine Welcome to today’s webinar, exploring “Quality and Regulatory Alignment for Audit Readiness.” So, Arena is a cloud-native system that controls product lifecycle as well as your quality processes. I like to think if I can do it, anyone can.

Quality 52

Quality Supply Chain Design Software Supply Chain Planning Software Analytics Software 52

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

synchrono

MARCH 6, 2017

When we look at the organizations of today, words like efficiency and productivity get thrown around with little understanding of what is required to improve one of these measurements (metrics). In its simplest form, an explanation of productivity versus efficiency is the difference between quantity and quality. Something is missing.

Metrics 82

Metrics Waste Reduction Resource Reduction Cost Reduction Strategies 82

QAD

APRIL 13, 2023

While Contract Pharma & BioPharma manufacturers continue to experience an increase in demand for more projects, new challenges are emerging from nearly every angle including new regulatory and quality requirements, workforce shortages and of course, supply chain disruptions.

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

ThroughPut

SEPTEMBER 18, 2020

As a plant manager involved in strategic operational decisions for manufacturing or supply-chain management , your primary focus would always be on ensuring that the final output of your plant is in compliance with internal and external quality standards. Even if available, how sure are you of the accuracy of these metrics?

Quality 52

Quality Manufacturing Procurement Real-time Visibility Optimal Sourcing 52

Kinaxis

AUGUST 12, 2015

Connecting strategic supply chain imperatives—that align with overall company objectives—to a tactical management system necessitates the establishment of meticulous metrics. Manufacturing strives to maintain high quality and productivity while keeping production costs low. The post What Qualities Make the Best Supply Chain Leaders?

Supply Chain Planning Software 100

Supply Chain Planning Software Quality Purchasing Skills Supply Chain Strategy 100

synchrono

AUGUST 22, 2016

1 As such, more marketers have embraced inbound, or pull-based strategies that drive quality engagement (visits, downloads, clicks, views, likes/follows, etc.) Combat data overload by knowing what you want to achieve and focusing on metrics that align with those goals. White Paper: Demand-Driven Manufacturing Metrics that Drive Action.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

QAD

APRIL 25, 2019

Quality affects every aspect of manufacturing, encompassing the totality of features, services, customer interactions and promises that comprise a product offering. Using Metrics to Measure Quality. Quality is not just an end-of-the-line process—it is a mindset that the entire organization must subscribe to.

Metrics 94

Metrics Quality Expense Reduction Cost Reduction Strategies 94

Supply Chain Shaman

JULY 19, 2020

The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. Stop the Focus on Functional Metrics.

Supply Chain Design Software 400

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 400

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

SYSPRO Smarter ERP

NOVEMBER 2, 2023

Quality management (QM) ensures products are delivered to a specific quality standard and that processes maintain those standards. Smart machines enable better monitoring of production equipment and real-time reporting in case of quality issues and machine problems. It can also help to reduce costs, rework and scrap.

Quality 106

Quality Manufacturing Metrics Analytics Software 106

ToolsGroup

JUNE 6, 2023

It is renowned in both the domestic and international markets for its quality and freshness, selling its products both directly and via an extensive network of franchises. D.I.MAR holds itself to the highest standard when it comes to the quality of our products,” said Alessandro Evandri, Supply Chain Manager. “We

ToolsGroup 156

ToolsGroup Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 156

IQMS

SEPTEMBER 11, 2019

Compliance and quality are the foundations all great food & beverage manufacturers rely on to create and strengthen trust with their distribution networks and customers. How strong they are at traceability is the cornerstone every one of them rely on to meet compliance requirements and keep excelling at quality.

Beverage 50

Beverage Quality Food Manufacturing 50

Supply Chain Game Changer

NOVEMBER 16, 2018

Check out Supplier Quality Management: Drive Value By Safeguarding Value! It has a quality defect.” ” I responded, “Is that actually a quality defect? Quality is a measure of conformance to a standard, and we have no standards.” Subscribe Here! Email Address. Certainly the item was mis-labelled.

Quality 44

Quality Vendor Strategies Company Supply Chain Design Software 44

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. A planning master data layer measures and tracks shifts in lead times, conversion rates, and quality. Tougher than most understand. United States Inflation Rates and GDP Inflation is the highest in forty years.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Supply Chain Shaman

FEBRUARY 18, 2021

Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. In most organizations, there is a dashboard of functional metrics that shows all of the functions operating in the “Green” or acceptable levels until it comes to customer service. What are functional metrics?

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Supply Chain Game Changer

NOVEMBER 23, 2018

If we can draw a comparison between Thanksgiving dinners and procurement, they are essentially an every day example of why supplier quality management is important. A quality fit can help a procurement team create top-line growth and customer satisfaction. The input of a supplier’s quality is indicative of a customer’s satisfaction.

Quality 42

Quality Cost Reduction Strategies Resource Reduction Vendor Strategies 42

Supply Chain Shaman

SEPTEMBER 3, 2018

According to my research, top-performing supply chains possess three very different qualities. A supply chain that produces products at the same cost, quality and customer service given the level of demand and supply volatility. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Logility

AUGUST 15, 2023

“Compliance spans various dimensions such as environmental sustainability, quality, and security. 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

SYSPRO Smarter ERP

MARCH 28, 2024

The volume and quality of data is important. If production metrics are important, you may want to get data on: Machine and labor availability. Defect rates for quality management. How to apply metrics One challenge is deciding what metrics to use. The work to get this has to be collaborative.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 52

Logility

AUGUST 7, 2023

There are simple metrics, which indicate the linkage between parts availability and additional sales. After sales reliability and service quality is both in B2C and B2B a very important factor in investment decisions. The other factor to weigh in is additional revenue, which can be generated by improving customer satisfaction.

Customer Service 214

Customer Service Supply Chain Planning Software Optimization Software Logility 214

The UCLA Anderson Global Supply Chain Blog

MARCH 6, 2017

Quality Management in Supply Chains: Performance and Conformance. Managing quality in such fragmented supply chains is indeed extremely challenging. More often than not, quality standards are defined only in very loose terms and suppliers are not held accountable for the quality they deliver. By Guillaume Roels.

Supply Chain Performance 60

Supply Chain Performance Quality Supply Chain Optimization Supply Chain Design 60

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Generative AI and LLMs have potential benefits but face challenges such as data quality across large data sets and ethical implications with bias, fairness, and transparency. To ensure successful integration, they should create a plan with timelines, resources, and evaluation metrics (refer Figure 2).

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. 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