Unleashed

APRIL 18, 2023

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Supply Chain Shaman

DECEMBER 15, 2022

If you answer the survey, I will gladly give you a custom analysis of your organization against the peer group. In the supply chain team analysis, note the 21% gap between procurement and manufacturing teams, the 35% gap between sales and operations and the 21% gap between finance and operations. Functional Metrics.

Manufacturing Procurement 387

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 387

Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Unleashed

FEBRUARY 12, 2023

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Why is it important to track cash flow metrics?

Procurement Analytics 52

Procurement Analytics Metrics Expense Reduction Inventory Reduction 52

Supply Chain Shaman

JANUARY 9, 2024

For a more detailed analysis, check out the Power point summary.) I find in the orbit chart analysis that 45% of companies in the report are unconsciously incompetent. The group’s response is, “Are these supply chain metrics?” Today, we published The Supply Chains to Admire for 2023. be careful.

Supply Chain Planning Software 287

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 287

Supply Chain Shaman

JANUARY 8, 2024

An analysis of improvement, performance, and value of over 500 public companies in 28 industries over a decade. (I Note to the reader: we selected these metrics for the balanced scorecard for the analysis after work with Arizona State University to understand which metrics, in combination, most closely correlated with market capitalization.

Supply Chain Design Software 235

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 235

Supply Chain Shaman

FEBRUARY 26, 2024

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. In today’s training class, we focused on determining the balanced scorecard. What does an outside-in batch job look like?

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

QAD

JULY 1, 2021

Your total manufacturing costs are essentially an expense analysis that calculates how each of your company’s departments contributed to producing a finalized product. Improving communication between departments and comparing metrics across them. Improving communication between departments and comparing metrics across them.

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

Supply Chain Movement

DECEMBER 8, 2014

Supply Chain Metrics That Matter makes this truth clear enough with its thorough analysis of recent multi-industry performance trends. Supply Chain Metrics That Matter was written to guide businesses through the change process with a measurementbased outlook that will help any organization stand the test of time.

Metrics 120

Metrics Supply Chain Design Software Gartner Supply Chain Design 120

Supply Chain Shaman

JANUARY 2, 2024

We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. Our analysis shows that 67% of the Gartner Top 25 companies underperform their peer group on growth, 44% on operating margin, and 41% on inventory turns.

Gartner 275

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 275

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

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 78

Metrics Manufacturing Forecasting Inventory Reduction 78

Supply Chain Shaman

APRIL 9, 2021

Over 85% of companies turned their systems off, turning to spreadsheets and ad hoc manual analysis. The chasing of dead-end streets based on spreadsheet analysis—making infeasible decisions from cursory spreadsheet analysis– undermined corporate value. Unequal to the Demand Shifts in the Pandemic. My quest is “why?”

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

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. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. As a leader, you need many tools to eliminate this mindset.

Metrics 106

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

Supply Chain Shaman

JULY 25, 2021

In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. Few companies measured the impact on error and bias through the rigor of Forecast Value Added (FVA) analysis. The Focus Inside-out Supported by Functional Metrics. The reason?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

ToolsGroup

JANUARY 15, 2024

Solutions in the Demand Planning category must produce reliable forecasts by extracting key insights from metrics like inventory trackers, converting raw data into actionable forecasts, supporting automation, and leveraging predictive analysis.

ToolsGroup 177

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply and Demand 177

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

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

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). A focus on functional metrics throws the supply chain out of balance.)

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 369

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 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Supply Chain Shaman

AUGUST 12, 2020

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. As a research leader at AMR Research when I voiced the concern for a more rigorous peer group analysis in prior meetings, I hoped for a better outcome.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Veridian Solutions

OCTOBER 2, 2018

This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. 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 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

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 400

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 400

Supply Chain Shaman

MAY 1, 2023

The use of descriptive analytics along with agile planning techniques (what-if analysis, discrete event simulation, and network design) helped. Strategic View of Time: M&A, market analysis, and positioning. Budget-driven discussions and analysis for quarter-to-quarter and year-to-year considerations. Inventory as a Buffer.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

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

Supply Chain Brain

JUNE 14, 2023

saw its ranking decline on almost all metrics, according to an analysis published June 14 by the ESG advisory and analytics company Elevate.

Metrics 105

Metrics Analysis Supply Chain Analytics 105

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

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 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

Supply Chain Shaman

NOVEMBER 21, 2023

The analysis, based on network optimization assumed average loading, and did not account for the swings. The metrics were not aligned. Map the different metrics and incentives in the organization to behavior. They were not aligned on the role of the distribution as it tied to supply chain excellence. You have to do so.

Supply Chain Planning Software 325

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 325

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. I don’t care what you call it, but network design, what-if analysis, simulation and digital twin approaches grow in importance.) Tougher than most understand. Steps to Take Here are three steps to take: Adaptive Modeling.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Supply Chain Shaman

FEBRUARY 13, 2020

I am delving into COV (coefficient of variation) analysis. It is for this reason, that I use COV analysis to type logical supply chain flows. Most supply chain leaders cannot get their groove on because they generalize–the use of the same metric targets and tactics for the supply chain without paying attention to the flows.

Optimal Sourcing 228

Optimal Sourcing Modeling Forecasting Supply and Demand 228

Supply Chain Shaman

JULY 22, 2019

Over the last month, I have been working on the 2019 Supply Chains to Admire analysis. The source data for the analysis comes from Ycharts.). We selected these metrics based on correlation work with Arizona State University in 2012. The Supply Chains to Admire analysis is six-years-old. Click the link to see the detail.)

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

TMC

SEPTEMBER 1, 2016

For example, the shipping department needs to monitor metrics such as on time delivery and cycle times, but procurement relies on a different mix of measures. It’s easy to get bogged down in streams of data generated by inappropriate metrics. The same is true for secondary metrics that support the primary set of performance measures.

Analysis 48

Analysis Analytics Software Sourcing Strategies Supply Chain Planning Software 48

West Coast and California Logistics

JANUARY 26, 2018

In modern baseball, the analysis of player performance has less to do with time-honored traits (e.g., power, speed, agility) and increasingly more to do with metrics.

Metrics 48

Metrics Agile and Lean Supply Chain Retail Supply Chain 48

DELMIA Quintiq

MARCH 30, 2023

MCT connects all stakeholders for timely and more effective communication, and supplying real-time data and metrics enables data analysis for manufacturing and operations, empowering teams to make critical decisions faster and more accurately.

Manufacturing 156

Manufacturing Real-time Visibility Supply Chain Planning Software Industrial 156

TMC

JANUARY 14, 2016

For example, the Shipping Department needs to monitor metrics such as on time delivery and cycle times, but Procurement relies on a different mix of measures. It’s easy to get bogged down in streams of data generated by inappropriate metrics. The same is true for secondary metrics that support the primary set of performance measures.

Analysis 54

Analysis Analytics Software Supply Chain Planning Software Sourcing Strategies 54