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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. The average brand owner outsources 28-35% of manufacturing, but most coordinate using only spreadsheets and email.

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Supplier Performance Management – The Ultimate Guide

SCMDOJO

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The questions that are most often asked are: What metrics should I use?

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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

Sales and Operations Maturity Model from 2005-2008. Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Organizations can align to drive value despite the allegiance to functional metrics. Let me explain. Mistake #5.

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Measuring Up?

Supply Chain Shaman

The average manufacturing company’s supply chain organization is 15 years old. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. A Look at History. Resiliency.

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Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Reason #7 Making decisions based on bad data (supply chain data accuracy).

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Achieving enterprise-wide adoption of supply chain risk management

Resilinc

But to make their strongest case, SCRM advocates need to focus on one key metric: return on investment. Collaborate with stakeholders in finance, sales, manufacturing, etc., The unprecedented supply chain disruptions caused by COVID-19 provide potent arguments for supply chain pros seeking greater support of SCRM from C-level leaders.

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Mush

Supply Chain Shaman

As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics. The metrics of growth, Return on Invested Capital, Inventory Turns and Operating Margin have the highest correlation to market capitalization.

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