Remove 2007 Remove Metrics Remove Procurement Analytics Remove Sustainability
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10 supply chain KPIs and metrics to track

Taulia

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

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Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

The value does not have to be equal, but it needs to be real and sustained. Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. All industries operate today with more inventory than in the pre-recessionary period of 2004-2007.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Time horizon. Bias and error. The reason why?

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The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 miles out of its network from 2007-2010 and had increased its CWT per truck from 382 in FY 2007 to 415 in FY 2010, an 8.6

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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. Efficiency and cost management.

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. I remember December 2007 like yesterday. They are not. Reflection.

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5 supply chain initiatives to combat ESG risks

Taulia

Investors and consumers are increasingly looking for companies that operate ethically and sustainably. A 2023 report by Glow and NIQ shows that half of surveyed consumers changed the food and grocery brands they purchase based on ESG considerations, for example. And that figure rises to 70% among millennials.