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.) As shown in Figure 1, the results for the period of 2012-2021 tell the story.
In 2012, I placed the first alignment study in the field. Organizational Alignment 2012. Functional Metrics. With the implementation of transactional systems, the focus was on measuring and controlling functional metrics like the lowest manufacturing cost or purchase price variance in procurement.
The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. The year 2012 marked the 30th anniversary of the use of supply chain management as a cross-functional process for source, make and deliver in the commercial sector.
Background In January 2012, Forbes published the article named " Who Are The Top 50 Social Media Power Influencers? " Related Metrics There are 3 other metrics dedicated to the measurement of social media influence as below, 1) Klout develops Klout Score, the number between 1-100 that represent influence (the ability to drive action).
The industry first started speaking of digital in 2012, but today, it is still an amorphous concept. (My My first digital supply chain presentation was in Milan at an SAP Insider conference in 2012.) Traditional planning taxonomies focus on the optimization of functional metrics. Redefinition of Work in Planning.
The source data for the analysis comes from Ycharts.). We selected these metrics based on correlation work with Arizona State University in 2012. Long-term balance sheet improvement requires a focus on a balanced scorecard and the alignment of sell, deliver, make, and source to drive value. Celebrating Success.
Based on literature review by Behdani et al 2012 called " How to Handle Disruptions in Supply Chains – An Integrated Framework and a Review of Literature ", academic articles in this area is centered around 2 themes, namely, Risk Management (before disaster strikes) and Disruption Management (after disaster strikes). Literature Review.
Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” These capabilities do not exist at Ford. Conclusion.
I have taken myself off the road to write the book Metrics That Matter. We often find that companies have better performance in the management of regional supply chains where the sources of supply are in the same market versus the management of products across borders. It is a slow week. Most of my friends are on vacation. Related.
They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. But even multi-sourcing is not enough. They built them between 2012 and 2014, and then enhanced them when better supply chain risk management solutions became available. Their revenues exceed €25 billion.
I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012.
Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. Quality Metrics Defining the Future of Manufacturing.
Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Sourcing uses P.O. performance metrics to influence vendor behavior and impact sourcing choices. Vendor behavior may remain unchanged and unchallenged by buyers, sourcing, or management. Encourage ongoing stakeholder input. You can ignore P.O.
Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. When the price of oil dropped from $120 per barrel in 2012 to the staggering $29 per barrel in 2015, everyone in the oil and gas industry felt the impact. A Brief History of IT Investments. The reason?
As I’ve commented in previous postings, if you are a 3PL or transportation company and you’re not involved in cross-border shipping with Mexico, then you are missing out on a growing business opportunity (see Reuters article from December 2012).
I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth. Initially, I worked with Arizona State statistics professors and graduate students to correlate market factors to 2006-2012 data.) I hope to see you there!
For instance, when a disaster such as a hurricane, a labor strike, or a bankruptcy disables key suppliers, quick-moving enterprises are able to lock in alternative sources of supply before their rivals. There is growing interest in incorporating weather forecast data from a variety of sources into supply chain planning.
28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Consultancy UK).
The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. We calculate the results based on public data from the period 2012-2021. Why do we spend four months doing this?
While, in 2012, SAP acquired Ariba. After a very tough decade, the Supply Chain Operating Network solutions were evolving with strong development plans during the period of 2012-2015. . Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters.
The adoption of Terra’s products were brisk until 2011, but during 2012-2014 sales softened, resulting in employee layoffs and downsizing. In July 2012 E2open went public on the NASDAQ; and in March 2015, after a series of financial earnings disappointments, Insight Venture Partners funded E2open to become private.
Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. alone, colleges and universities awarded 83,263 bachelor’s degrees in engineering in 2012, a 37% increase over the 60,605 degrees conferred in 2002. Breaking it down In the U.S.
In 2012 I built on these concepts to define the market-driven value network. The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. Market-Driven Processes.
million in FY 2012 to $203.8 getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.). If you’re a manufacturer or retailer, you can track market supply and demand and leverage the data to build supply chain resilience with diversified sources. million to $23.8
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.
In traditional control tower projects, months can be spent developing data extracts in source systems before loading them into the application. A staggering 56% of IT projects don’t deliver on the intended benefits (2012 Mckinsey/Oxford). Listen to the Data. The Development Cycle – Build, align, repeat.
According to the press release: Transplace leverages the CombineNet ASAP® advanced e-sourcing technology as part of its expert solutions, helping customers develop and optimize their carrier strategy for procurement events involving truckload, less-than-truckload (LTL), and intermodal needs.
Similarly, the Worldwide Retail Exchange (WWRE) sold to Neogrid in 2012. To drive success in value networks, build multi-tier capabilities in channel and sourcing relationships, side-stepping the use of both traditional CRM and SRM concepts. How do you manage sourcing in innovation, compare suppliers and collaborate on design.
Deployment occurred December 1, 2012. The metric used to determine if this criteria was met was the “binary rule” that went as follows: users were able to find their exact match or 100% of all alternatives the first time using ONE SEARCH. Here’s how the roll-out fared compared to Coke’s four truths. Users find what they need.
Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.
They must also develop new product ranges, production processes, sourcing strategies and distribution channels. ” Steutermann adds, “It is important not to confuse [sustainability] metrics with the circular economy. ” The Green Supply Chain , 31 July 2012.
The industry first started speaking of digital in 2012, but today, it is still an amorphous concept. (My My first digital supply chain presentation was in Milan at an SAP Insider conference in 2012.) Traditional planning taxonomies focus on the optimization of functional metrics. Redefinition of Work in Planning.
source: (1 page infographic) AccentureOperations , High Performance Procurement (2015). source: (p2) Deloitte – The Deloitte Global CPO Survey 2016. CPO’s will continue their focus on generating value through traditional levers over the next 12 months: source: (p7) Deloitte – The Deloitte Global CPO Survey 2016.
Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric.
By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high. Friday, 7 December 2012. metrics that really impact the bottom line; the Leaders in our survey. ▼ 2012. (1). Subscribe To. Supply chain Leaders.
Just as procurement’s impact on the organization is quantitatively captured using metrics such as savings and spend under management, the maturity and digital readiness of the function can be objectively tracked and benchmarked (check out Forresters Digital Procurement Maturity Assessment ). savings realized in 2018. in 2018 (a modest 8.7%
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Insuring that each function, including online marketing, store operations and supply chain have common objectives, metrics and aligned rewards for the coming year. Posted by: Navdeep Sidhu | August 13, 2012 5:42 PM.
The financial supply chain presents an opportunity to deliver beyond process efficiency and cost savings by allowing companies to tap into new sources of revenue and profit streams. If not, what actions are you taking to consolidate formats, sources and tools? The most dangerous strategy you can use is to have a single source supplier.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Hence there arises a need to implement a system/process that can collaborate and obtain information from various sources, analyze and help formulate strategies for a more visible supply chain. December 2012.
Co-founded by o9 and Supply Chain Insights, Project Zebra is an open-source industry effort to define and activate outside-in processes to prove the value of outside-in supply chain planning processes. Founded in February 2012 by Lora Cecere, Supply Chain Insights LLC is in its tenth year of operation. About Supply Chain Insights.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Benefits: Avoid multiple sources of truth - With single / reduced number of instances the number of databases will be less. Sourcing,Procurement,Contract & Spend Management (38). December 2012. April 2012.
Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. IT enablement in areas like Mobile work management, Health and Safety, Metrics monitoring (KPI) etc. Sourcing,Procurement,Contract & Spend Management (38). December 2012. November 2012. August 2012.
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