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Functional Metrics and the Lack of Alignment to Strategy. Process-based companies continue to focus on manufacturing efficiency (OEE) and discrete on procurement (PPV) without designing the supply chain to balance transportation, manufacturing, and procurement to a balanced scorecard. Note the fall in 2014-2019.
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
In the first facility management was focused on controlling the workforce through individual metrics. market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. In comparison, in 2000-2007 the U.S.
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
Another manager in the computers and electrics sector stated that: “Tariffs continue to cause confusion and uncertainty for long-term procurement decisions. Another manager in the computers and electrics sector stated that: “Tariffs continue to cause confusion and uncertainty for long-term procurement decisions. a little up from 48.5
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
market for customer responsiveness, flexibility, quality control, and for the positive branding of "Made in USA" Reshoring including FDI balanced offshoring in 2015 as it did in 2014. Financial performance metrics are valuable as they capture the economic consequences of business decisions. That is huge progress to celebrate!
ABF’s test of the Semi trounces the standard key performance indicator if taken as a stand-alone metric but also surpasses publicly available data released by carriers in earlier pilot tests and by the North American Council for Freight Efficiency. An y reaction to t hese stories? locations to be in close proximity to the U.S.
We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. In fact, the logistics space is so broad, we couldn’t give you only the top 10 blog posts of 2014, but we had to include the top 15. Top 15 Logistics Blog Posts of 2014.
That was my opening question to the executives attending last month’s Elemica reveal 2014 Conference in Frankfurt. Meanwhile, the Red Sox won the World Series in 2013, going from worst to first in one year — and then back to worst in 2014. What do the Germany World Cup Team and the Boston Red Sox have in common?
Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. The manuscript is due to Wiley on March 1st for an August 2014 publish date. I need it for my conference on September 10th-11th, 2014. Which metrics do you think matter to supply chain excellence?
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.
” Hau Lee, October 2014. We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics.
Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure.
In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. The rebirth of marketplace offerings is not on the back of e-procurement or ERP. The debates were heated.
Procurement focus shifted from traditional programs focused on solely on contract management, price and term negotiations, and supplier scorecards to include the evolution of supplier development to manage product quality and multi-tier supplier relationships in and across value chain relationships. In my life time, supply chains changed.
This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. Functional metrics in isolation degrade value. We enjoy writing them!
Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006.
I was attending the Zycus Horizons 2014 conference at Amelia Island today, listening to speakers. Chris Sawchuck from the Hackett Group interviewed three heads of procurement from three large companies, and asked an important question. Does procurement add to top line revenue. And if not – what will change?”.
I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Orbit Chart for SanDisk for 2006-2014. Most supply chain planning teams do not know their customers.
I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. Recently, I spoke to a major European retailer that lost 5% of their grocery revenues to Amazon in the first quarter of 2014. Why It Matters.
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.
The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Automation.
As first reported by Fairfax Media , a factory in North Korea has been making high-priced surf and snow gear for Australian surfwear company Rip Curl since at least 2014, with the garments labeled “Made in China.” no metrics, operate in functional silos). The root causes generally fall into three categories: IT issues (e.g.,
In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The adoption of Terra’s products were brisk until 2011, but during 2012-2014 sales softened, resulting in employee layoffs and downsizing. Traditionally E2open sold to the procurement organization.
We have found that supply chain metrics are gnarly and complicated.During In our program, cost avoidance, while desirable, does not count towards the metric. We would not have succeeded without a team effort across R&D, the business leaders, and SC disciplines of engineering, procurement, and manufacturing.
Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement.
Having more timely, accurate, and complete data — and converting it into actionable intelligence — will not only lead to cost reductions and increased asset utilization, but also improvements in customer service and satisfaction, the top metric cited by the respondents.
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