Supply Chain Shaman

AUGUST 12, 2020

Heavily booked and running from meeting to meeting, I was late. The topic of the meeting was the logistics to launch of the AMR Research Top 25. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis.

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Supply Chain Shaman

OCTOBER 11, 2023

We speak about the need to move from a functional understanding to a global, holistic capabilities, but the traditional supply chain leader defines bonus incentives and process performance goals based on functional metrics. Measurement. Organizations speak of the bullwhip, but don’t measure it or monitor the effects.

Supply Chain Planning Software 383

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 383

Kinaxis

JUNE 22, 2015

This post will discuss some of the metrics and analysis tools that an inventory manager needs to identify risk and opportunities and to make intelligent decisions to optimize the performance of their inventory. The metrics you choose should answer the questions your organization is asking, without requiring additional analysis.

Metrics 100

Metrics Inventory Reduction Inventory Inventory Management Software 100

Supply Chain Shaman

JULY 19, 2020

The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. Stop the Focus on Functional Metrics.

Supply Chain Design Software 405

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 405

Silvon Software

JUNE 11, 2020

The more challenging part of dashboarding, however, gets down to the actual metrics that should be included as part of a performance management strategy. As a place to start, I thought I’d provide a shortlist of both simple and more complex metrics that our manufacturing and distribution clients are using in their dashboards today.

Metrics 79

Metrics Manufacturing Forecasting Inventory Reduction 79

Talking Logistics

SEPTEMBER 12, 2017

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. If your team isn’t challenged to meet their goals, your bar is likely set too low. KPI discussion needs to be an ongoing conversation, not a once-a-month meeting fraught with concern and disappointment.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Abandon the processes focused on multiple layers of meetings to improve collaboration of organizations that are not aligned, but focused on transactional data. Tougher than most understand. History is a poor guide for the future.

Supply Chain Planning Software 378

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 378

Supply Chain Shaman

FEBRUARY 18, 2021

Need For What-If Analysis. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. In most organizations, there is a dashboard of functional metrics that shows all of the functions operating in the “Green” or acceptable levels until it comes to customer service.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Veridian Solutions

OCTOBER 2, 2018

To meet demand, shippers must rapidly ramp up production and move more product, but the industry is struggling. This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

Analysis 53

Analysis Data Forecasting Software Supply Chain Software 53

Supply Chain Shaman

DECEMBER 28, 2020

My goal is to convince you to ground supply chain processes and technology implementations in data analysis while tying the results to the improvement in corporate performance. As a result, the need for measurement, data analysis and clear understanding of supply chain strategy increases. What do I mean by science? The So What?

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Supply Chain Shaman

SEPTEMBER 3, 2018

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. Cost-to-Serve Analysis.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 312

Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. These metrics should align with your organization’s objectives and priorities.

S&OP 103

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 103

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Analysis 52

Supply Chain Shaman

MARCH 28, 2016

” The journey for value requires a clear definition and analysis of what is possible. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. The analysis needs to be measured through an evaluation of year-over-year improvements.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Kinaxis

JULY 29, 2015

by Lori Smith What if there were little, to no, limitations to the what-if analysis you could do? Yet the value of what-if analysis is in the power to put the ability to do scenario simulations in the hands of many. What-if analysis, in the most optimal condition, would be quick, flexible, extensive, and collaborative.

Analysis 100

Analysis Scenario Planning Supply Chain Planning Software Supply Chain Optimization 100

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. Delivery metrics can vary in terminologies, measurement methods, and variables from one company to the next.

S&OP 111

S&OP Procurement Analytics Supply and Demand Analytics Software 111

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Learn more about transportation optimization and how it can help you drive operative advantage while meeting customer expectations and delivery requirements. Learn More.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

SYSPRO Smarter ERP

APRIL 17, 2023

Unfortunately, without proper processing and analysis, this data is of little use to the organization. Predictive analysis: Utilize BI solutions to predict future trends in demand for products or potential supply chain disruptions, enabling manufacturers to plan and make informed decisions while mitigating risks.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

Logility

MARCH 12, 2021

Pulling data into a business intelligence tool in each department, the company started generating a new series of reports designed to meet the requirements of each department. Forecasting and demand planning can be a challenge because they require a significant amount of quantitative analysis and subjective management judgment.

Supply and Demand 191

Supply and Demand Prescriptive Analytics Software Demand Planning Modeling 191

ModusLink Corporation

SEPTEMBER 7, 2023

This includes optimizing processes, managing supplier relationships, and ensuring timely and efficient delivery to meet customer demand. It plays a vital role in maintaining the right quantity of products on hand to meet customer demands while avoiding overstocking or stockouts.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

This includes optimizing processes, managing supplier relationships, and ensuring timely and efficient delivery to meet customer demand. It plays a vital role in maintaining the right quantity of products on hand to meet customer demands while avoiding overstocking or stockouts.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

This includes optimizing processes, managing supplier relationships, and ensuring timely and efficient delivery to meet customer demand. It plays a vital role in maintaining the right quantity of products on hand to meet customer demands while avoiding overstocking or stockouts.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Supply Chain Shaman

FEBRUARY 1, 2024

Peeling Back the Lid on Supply Chain World Salad In this world, where board discussions focus on eliminating waste and meeting corporate social responsibility goals, supply chain teams respond with projects like end-to-end planning, control towers, and real-time decisions. I find few realize the irony.

Supply Chain Planning Software 333

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 333

Logistics Viewpoints

FEBRUARY 16, 2021

Agility relies on having this kind transparency at your fingertips, through concurrent planning, so you aren’t waiting on analysis and a report from a link up or down the chain. Scenario analysis allows you to weigh alternatives by calculating the effects of possible changes.

Supply Chain Visibility 284

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 284

Logility

JUNE 2, 2023

Successful Product Launches: When introducing new products, accurate forecasts gauge potential demand, mitigating risk and ensuring readiness to meet initial demand and adjust production as required. Forecast Value Add (FVA) FVA is a potent metric measuring whether the forecasting process adds value by improving accuracy.

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

Unleashed

JANUARY 29, 2024

This article looks at the SKU rationalisation process, how to utilise SKU rationalisation analysis for your business, and some essential best practices for implementing it. This helps them to meet the changing consumer demands for healthier and more sustainable products. What is SKU rationalisation? Improved inventory accuracy.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Shaman

JUNE 26, 2017

Lora Cecere has deep insights into Supply Chain, I would love to see further analysis on why these companies did not make the grade.” As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. We do not include them in the analysis because there is no peer group comparison.

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

Precoro

DECEMBER 11, 2023

Category analysis The sourcing team together with the stakeholders (typically top management) analyzes the business needs and requirements of specific departments, identifies current spending patterns, and categorizes the typical purchases according to purpose, quantity, and purchase frequency. Benchmarks, analysis, and improvements.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Can we get the right resources needed to collect data for analysis before it’s too old?

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

Supply Chain Shaman

JULY 21, 2022

In business conversations, the term supply chain excellence rolls off the tongue frequently in meetings, but what does it mean? 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. My insight?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Logistics Viewpoints

JULY 19, 2021

The goal is to produce an integrated plan that meets the strategic goals of the overall organization. The goal is to match projected demand over the coming quarters with the ability of the organization to produce products that meet that demand. Finally, after collaboration and further analysis, the annual plan is agreed to.

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

Supply Chain Shaman

MARCH 5, 2019

I am embarrassed to ask, but we were discussing the topic at our board meeting yesterday, and I must admit that we have more confusion than clarity.”. The focus is on functional metrics, but are unable to get to overall supply chain metrics. Listening posts use sentiment analysis based on unstructured text mining.

Supply Chain Design Software 286

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 286

EC Sourcing Group

MARCH 12, 2023

Read more – Procurement Software Guide Metrics for supplier performance analysis Let’s look at some of the key categories and associated metrics that can be used to assess supplier performance. QUALITY: The quality of goods and services provided by the supplier, as well as the supplier’s delivery performance and accuracy.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Precoro

JULY 16, 2023

The framework provided by the American Purchasing Society can help purchasing managers conduct retrospective analysis and set up professional goals. Delays in supply deliveries, on the other hand, can lead to downtime at the manufacturing step and cause setbacks in meeting final customer expectations.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Shaman

FEBRUARY 5, 2020

I use the concept of the “line” to define the differences between S&OP leadership meetings and the work that happens before and after the meeting. Below the line is the work of model building, maintenance and what-if analysis. The meeting processes are not the main focus. Client Example of Process Flow.

S&OP 319

S&OP Supply and Demand Forecasting Supply Chain Planning Software 319

Supply Chain Shaman

JUNE 29, 2014

This analysis needed to be completed monthly and fed to newer forms of inventory optimization technologies. The goal was to translate volume and unit-based data into a profitability “what-if” analysis. Value-based Analysis. Cost-to-Serve and Top-to-Top Meetings. Criticality of Corporate Social Responsibility.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

GlobalTranz

OCTOBER 6, 2021

Finding carriers that meet specific needs and help the company reach supply chain goals provides a competitive advantage within the marketplace. Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216