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At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) I never calculated and accounted for the inter-dependencies between metrics.
3) SuperEfficient Company : Michael Hammer (2001) explained that, the true challenge was to streamline the process you share with other companies. 6) Trading partners should agree on the same metrics : unrealistic expectation can happen in any form of relationship.
Over the Memorial Day weekend, I stumbled on an old article that I wrote in 2001. Termed Metrics That Matter, it is based on our work on the Supply Chain Index, and the industry studies that we have completed in the Supply Chain Metrics That Matter series. At the time, I was a junior Gartner analyst. was controversial.
3) SuperEfficient Company : Michael Hammer (2001) explained that, the true challenge was to streamline the process you share with other companies. 6) Trading partners should agree on the same metrics : unrealistic expectation can happen in any form of relationship.
I have been an industry analyst since 2001. Ownership of Inventory as a Metric. In High-tech, there is greater ownership of the “inventory metric” across the organization. Have the early adopters of inventory optimization seen a reduction in inventory on their balance sheets?” Here I give my logic.
Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. While Key Performance Indicators (KPIs) may be reviewed quarterly or monthly, the speed with which supply chain operations occur makes a daily view of more tactical and operational metrics a growing necessity.
Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. Metrics comparison of Kellogg Co. In table 1, I compare ten-year averages (2001-2011) for food manufacturing companies. You got it! It is a low probability that this will ever happen.
I now have a working manuscript for the entire book of Metrics That Matter. There was no line in the bathroom at the Kansas City CLM conference in 2001, but there will be at the CSCMP conference in San Antonio in 2013. It appears SO barren from my window in seat 4D. It has been a good week. In fact, it will probably be a long line.
Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.
The untethered exuberance reminds me of the race for Y2K, the futile experimentation with trading exchanges in 2001, or the race for e-commerce. This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. For me, most of the time, it feels like a lion in sheep’s clothing.
He sold the company in 2001 when the company had achieved revenues of about $10 million. Their metrics just don’t make sense. Welty tried to accelerate the growth of this WMS company with outside investment. But, despite repeated efforts, he was never able to attract outside funding. It was not a successful sale.
Moreover, they help them track their performance against key metrics and identify areas where they can improve. By focusing on these areas – collaboration, efficient practices, and optimized packaging – the freight industry can achieve substantial improvements in terms of cost, time, and environmental impact. Portobello Books.
Where were you on September 11, 2001 when the planes hit the towers? They also lack process controls and metrics. When I think of the Twin Towers, I think of my childhood, hot summer days looking out the window, car horns and city sounds, the color of the sky at sunset and the glitter of office lights, thousands and thousands of them.
Since 2001, eWorld Procurement & Supply has provided a unique insight into the latest innovations and technologies for senior procurement, supply chain and finance executives. Procurement Metrics. Date: 27 September 2016. Venue: QEII Centre, London. Organization: Revolution Events. URL: www.eworld-procurement.com/.
Since 2001, eWorld Procurement & Supply, in association with Chartered Institute of Procurement & Supply, has provided a unique insight into the latest innovations and technologies for senior procurement, supply chain and finance executives. Procurement Metrics. Date: 2 March 2016. Venue: QEII Centre, London.
Now imagine you’re a $4B a year revenue company with 13,000 employees and over 15 corporate acquisitions since 2001. It not only impacted key operational metrics (like reducing gross inventory levels, improving inventory turns and reducing cash-to-carry cycles) but also had a huge impact on corporate culture.
Looking back at history… When I was a Gartner analyst in 2001, I tracked over 400 trading exchanges. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. The market of Supply Chain Operating Networks consolidated.
Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Metrics. Procurement Advocacy and Stakeholder Engagement.
” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I have been an industry analyst covering the market– Gartner, AMR Research, Altimeter Group and my own company Supply Chain Insights– since 2001. ” I am in the middle.
Next, align your service level expectations by rewarding outstanding performance and standardizing metrics about on-time delivery, invoice accuracy and communication. In 2001, he took over as Senior Vice President Operations for CLX Logistics. This will help build and solidify the relationship over time.
General warehouse industry statistics Warehousing costs & revenue statistics Warehouse efficiency statistics Labor statistics in the warehousing industry Automation adoption in the warehousing industry Warehouse performance metrics Warehouse automation stats: General warehouse industry statistics 1. According to data from the U.S.
Where were you on September 11, 2001 when the planes hit the towers? They also lack process controls and metrics. When I think of the Twin Towers, I think of my childhood, hot summer days looking out the window, car horns and city sounds, the color of the sky at sunset and the glitter of office lights, thousands and thousands of them.
By every big-picture metric, social media and ecommerce should be a match made in heaven. ’ … The bubble didn’t end e-commerce. It was just a bump in the road. . “For years, digital pundits have preached the gospel of ‘going native’: selling directly within social networks without sending visitors onsite.
And before that, in 2001, Nike also had a demand planning blunder that led to a $100 million loss in sales. Profitability and value creation : Reliable demand and supply plans allow businesses to improve availability and stock fill rates and focus on customer-centric metrics.
In reality, a few abrupt moves and getting laid off in 2001 by Dell drove a sharp left-hand turn in my career in 2002 that evolved to where I am today. These are the step towards accountable behavior when solving a problem Have balanced, relevant and valid metrics. Plus, metrics protect you. Customers will eventually quit you.
The quantity of goods carried by containers soared from 102 million metric tons in 1980 to about 1.83 billion metric tons as of 2017. In 1956, manually loading a ship cost $5.86 per ton; the standardized container cut that cost to just 16 cents a ton … The U.S. ” An expected global surprise.
In 2001 Mr. Kirkegaard founded DCRA Inc a supply chain solutions firm leveraging best of targeted management consulting and supply chain technology solutions with an emphasis on S&OP. This tends to illustrate how profits are created from balancing lead time of supply with lead time of demand.
Improvement on the key metrics of growth, inventory turns, operating margin and Return on Invested Capital (ROIC) is elusive. Then as a software executive (1991-2001 and then 2003-2005) and finally as an analyst (2001-2003 and 2005-present). Here I want to share a perspective of “Why.” Yes, I am an old gal.).
As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Instead, most companies manage based on functional metrics—lowest manufacturing, procurement, or transportation costs.
As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Instead, most companies manage based on functional metrics—lowest manufacturing, procurement, or transportation costs.
During the conversation, he thanked me as an ex-Gartner analyst for putting Ariba on problem-watch in May 2001. For many years (1992-2001), I worked at Manugistics, a supply chain planning technology provider. During the period of 1996-2001, the company struggled. Cisco had a kick in the gut in 2001.
The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. It’s Infor’s second largest acquisition. The largest was the purchase of Lawson in 2011 for 2B$.
You can also use these metrics to benchmark against similar taprooms in your neighbourhood. It was popular in the 1970s but sales gradually dropped, until it hit a low in 2001. You have a net profit margin of 69%. What’s the average profit margin for a brewpub? Pabst Brewing Co. However in an unlikely comeback, PBR sales rose by 5.3%
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