Apparel Examples Innovation Metrics 
Supply Chain Shaman
JUNE 7, 2018
Instead of pushing innovation forward, I see companies using the term “digital” as a path for IT spending. To make the argument, let’s look at industry orbit charts in aggregate for the period of 2006-2017 for the apparel and chemical companies. An orbit chart is a plotting of data at the intersection of two metrics.
Supply Chain Shaman
MARCH 28, 2016
The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. A Look at History. Resiliency.
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Supply Chain Shaman
OCTOBER 8, 2019
Let’s take an example. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. Apparel is an example.
Enterra Insights
SEPTEMBER 16, 2019
” They note an MIT survey of apparel companies found vastly differing definitions of supply chain transparency across organizations. performance-based metrics. When measured against these two dimensions, Bateman and Bonanni assert companies fall into one of four stages: Majority; Early Majority; Early Adopter; or Innovator.
Talking Logistics
JANUARY 9, 2017
With so much innovation happening in technology, it’s so easy to chase the next new shiny thing, whether it’s artificial intelligence (AI), Internet of Things (IoT), and countless other emerging technologies. For related commentary, see “ There’s No Silver Bullet for Supply Chain Visibility ” and “ Forget Innovation, Just Execute Better ”.
Supply Chain Shaman
FEBRUARY 27, 2020
My stepson calls them tidy whiteys) Imagine a boring, basic apparel item. Let me give you an example. Here is an example as applied to supply chain planning: Table 2. Rules, engines, policies and metrics need to align. If you are wondering how to ride the dragon, consider taking the steps: Provide innovation funding.
SCMDOJO
JULY 3, 2023
It goes beyond the concepts found in textbooks by providing real-world examples and useful advice. Procurement leaders who embrace innovative thinking and aim to drive organizational change will find this course particularly valuable. What you will learn: Lesson 1. Total Cost of Ownership – Definition Lesson 2.
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