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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Isn’t time important?

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Championing Supply Chain Digitalization

Enterra Insights

2] As a result, experts have, for years, encouraged businesses to transform into digital enterprises and employ digital supply chains. After all, supply chains or value chains are characterized by connectivity. Digitally optimizing only internal processes ignores important pieces of the value chain.

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Announcing the Supply Chains to Admire 2017 Award Winners

Supply Chain Shaman

Supply chain excellence. The answer makes or breaks a supply chain leader’s career and defines corporate value. If the arrow is red, the industry is moving backwards on a metric. Is this because this value chain is a laggard? It is easier to say than define. Getting it clear is important.

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How Many Slaves Are in Your Supply Chain?

Talking Logistics

The collapse of the garment factory in Bangladesh last week , which killed at least 705 workers and injured thousands of others, has put a spotlight on a problem that plagues many supply chains: the use of slave labor. In response, federal and state governments are taking action to drive down the use of slave labor in supply chains.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

When Covid-19 hit, supply chains across the globe nearly came to a halt. According to Accenture, 94% of Fortune 1000 companies saw supply chain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. Procurement Teams Step-up.

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What Is Old Is New Again. Maybe, Just Maybe, the Emperor Is Getting Some Clothes.

Supply Chain Shaman

Today, the multi-tier capabilities for supply chain management are coming from the born-again marketplaces. Instead, they are standalone marketplace offerings solving one of four business problems: supply chain multi-tier visibility, inter-enterprise systems of record, benchmark analytics, and delivering collaborative workflows.

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How Can You Seize Opportunity If You Cannot Manage Risk?

Supply Chain Shaman

In the digital world, traditional broad-brush marketing programs become less effective, but have residual effects on the supply chain of higher demand error and increased complexity. This table is from our Supply Chains to Admire analysis, and the Index represents improvement. What Is Risk? What Are the Risk Drivers?