This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
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.
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.
Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.
Looking back at history… When I was a Gartner analyst in 2001, I tracked over 400 trading exchanges. With cloud-based analytics, non-relational database open source code sharing and advancements in predictive, prescriptive and cognitive analytics, what is old, can become new again. Today, there are a handful. Embrace Glass Boxes.
” 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.
Launched in 2014 and brought to you by the eWorld Procurement & Supply team, The Procurement Summit will provide senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions.
By every big-picture metric, social media and ecommerce should be a match made in heaven. In terms of sources that influence purchase decisions, social media lands last and was rated less than half as effective as reviews. ’ … The bubble didn’t end e-commerce. It was just a bump in the road. . But, there’s a disconnect.
Mistakes & set-backs are the great source for development opportunity. 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. Plus, metrics protect you. In my training this was called QDC for quality, delivery and cost….and
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. From product concept, sourcing, and ordering to delivery, Gravity helps its clients stay informed every step of the way. In 1956, manually loading a ship cost $5.86
In 2001 Mr. Kirkegaard founded DCRA Inc a supply chain solutions firm leveraging best of targeted management consulting and supply chain technology solutions with an emphasis on S&OP. We put more energy into this introductory awareness, communication, quantitative analysis effort then even we do for deployment.
Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. We started the conversation with sourcing. Focus on Cost. A Decline in Innovation.
Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. We started the conversation with sourcing. Focus on Cost. A Decline in Innovation.
The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. The goal is deeper analytics to sense and respond across make, source and deliver. Companies need a real-time data source on performance. It’s Infor’s second largest acquisition. The largest was the purchase of Lawson in 2011 for 2B$.
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. Salespeople selling direct to consumers build better relationships and can get feedback directly from the source — a valuable asset for any business.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content