Will that be automatic or semi-automatic to manage your supply chain?

Kinaxis

Planner A good supply chain software solution must first identify such cases where the semi-automatic (human involvement) approach is recommended, then be able to quantify the appropriate metric, which solution path is better, and finally notify the right individual to intervene quickly enough to make a difference. Software solutions like Kinaxis RapidResponse can provide the filtering, scorecard metrics, and alerting needed to guide the planner to make the right decisions.

Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

My journey to understand supply chain Metrics That Matter started three years ago. We are currently working with Arizona State University (ASU) to use advanced operations research techniques to understand the patterns in our database of 52 supply chain financial ratios for the period of 2006-2013. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. How do you balance metrics ? . Podcasts on Metrics That Matter.

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Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

We selected these metrics based on correlation work with Arizona State University in 2012. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups. The companies I work with struggle to set metrics targets. I watch the news channels on mute. The reason? I hate political pundit debates.

Public Markets Reward Supply Chain Alignment

Supply Chain Shaman

The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. As I wrote about this concept, and worked with Abby Mayer ( @indexgirl ) to write the Supply Chain Metrics that Matter series of reports, I discovered more on the depth of the complexity. I wanted to better understand which metrics truly mattered. The Metrics That Matter Are Different by Industry Sector.

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization. The Effective Frontier: Balanced Scorecard Developed Through the Work with Arizona State.

Imagine the Supply Chain of the Future

Supply Chain Insights

On September 9–11, 2014, 110 supply chain visionaries will gather in the desert at the Phoenician Hotel in Scottsdale, Arizona to think differently and define the future of supply chain. While most companies have been able to make progress in one of these two critical metrics in the period of 2006-2013, they have not been able to make progress on both together.

What About the Supply Chain Index?

Supply Chain Shaman

It is a quest and the subject of my next book, Metrics That Matter , that will publish in September, 2014. This week, I am finalizing an agreement with Arizona State University to fund a PHD student in statistics under the guidance of George Runger to try to finish the work. We will finish the work on the Supply Chain Index with Arizona State and rank the companies within industry peer groups based on balance of the metrics against market capitalization.

Three Years. Where Has It Gone?

Supply Chain Insights

Nine out of ten companies are stuck: unable to make progress on a portfolio of supply chain metrics. The simulation game is tied to the work we are doing with Arizona State University’s Operations Research group on the Supply Chain Metrics That Matter. This course is designed for groups of 10-15 to share information on supply chain excellence and the metrics that matter, and to better understand the evolution of digital processes. Three years. Six employees.

Defining Supply Chain Excellence: One Column at a Time

Supply Chain Shaman

This work is based on a collaborative project with Arizona State University. I am hearing it again in my interviews for the book Metrics That Matter. My question for the Arizona State team was, “ How do I best define a technique that can represent the randomness of this pattern?” More encompassing of metrics beyond the growth, inventory and Return on Assets (ROA) metrics used in the Gartner Top 25. “Lora in your own way, you are helping.

Supply Chains to Admire Household Nondurables Calculation Example

Supply Chain Insights

The methodology was determined with Supply Chain Insights and Arizona State University in 2014. For this reason, a company shows greater balance if the improvement of one of the metrics does not cause a negative effect on the other. P&G Balance Metrics. It appears that the significant decrease in Revenue Growth is affecting P&G quite a bit in terms of this balance metric. P&G Strength Metrics.

On the road! 4 September supply chain conferences we love

Kinaxis

To make the list, companies out-performed their peer group on operating margin, inventory turns and Return on Invested Capital while driving significant improvement in financial metrics over the period.Supply Chain Improvement is based on a detailed analysis calculated factors for balance, strength and resiliency. This methodology, termed the Supply Chain Index, was developed in partnership with the Operations Research team at Arizona State University.

Mush

Supply Chain Shaman

As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics. The metrics of growth, Return on Invested Capital, Inventory Turns and Operating Margin have the highest correlation to market capitalization. I find value in looking at these metrics together. These metrics are inter-related and the relationships are not linear.

Let the Qs Begin

Supply Chain Shaman

Supply Chain Improvement is based on the work that we completed with an Arizona State University Operations Research team to determine the Supply Chain Index. Aligned Metrics. To ensure the management of the complex system, the metrics of operating margin, inventory turns, ROIC, customer service, revenue, and forecast accuracy need to be managed together as a non-linear system. Last week was the Supply Chain Insights Global Summit.

The Journey for Excellence

Supply Chain Shaman

Network with your peers on the insights and relax under the Arizona skies as you wrap up a couple of intense days. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. It is finally spring in Philadelphia. Yesterday, as I walked the streets on the way to ballet, I saw flowers for the first time in a year. I love spring. It is a time for awakening.

Takeaways from the 2018 Gartner Supply Chain Executive Conference

Kinaxis

I just returned from the highly engaging and inspiring Gartner Supply Chain Executive Conference in Phoenix, Arizona. In a highly inspiring key note presentation at the supply chain conference, Fareed Zakaria of CNN spoke about how the jobs recovery following the 2008 recession lagged the economic recovery by as much as 64 months while the same metric for the previous recessions was significantly narrower. by Dr. Madhav Durbha Supply chain insights from leading industry experts.

Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. Network with your peers on the insights and relax under the Arizona skies as you wrap up a couple of intense days with your peers at the final reception. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.

Guest Post: An MBA student’s perspective on the ISM Meeting 2019

NC State SCRC

Another highlight was a presentation by Dr. Robert Handfield from NC State and Dr. Thomas Choi from Arizona State University, taking an in-depth look at counterfeiting in the supply chain. This automation will impact recruiting strategies, job descriptions, KPIs/metrics, operating models, roles that we have/don’t have any longer, training programs, etc.

Time for a Mea Culpa?

Supply Chain Shaman

I have taken myself off the road to write the book Metrics That Matter. You just do not see the patterns of the interrelationships of metrics in an Excel spreadsheet. The one next week focuses on the work that we have been doing on the Supply Chain Index with Arizona State University (ASU). It is a slow week. Most of my friends are on vacation. I would like to be on vacation with them, but it is not in the cards.

Evolution of B2B Networks

Supply Chain Shaman

To build this model, I flew to Arizona to develop it with Carol Ptak of the Demand-Driven Institute. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters. Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry.

Judging Supply Chain Improvement: Campbell Soup Case Study

Supply Chain Shaman

We have found that supply chain metrics are gnarly and complicated.During Dave will be speaking on his journey along with other supply chain leaders at the Supply Chain Insight sGlobal Summit in Scottsdale, Arizona on September 10th and 11th. These interviews of supply chain leaders will be collated into our fourth book on supply chain excellencewhich will publish at ourconference in September 2015.

Sales and Operations Alignment: Often The Missing Link

Supply Chain Shaman

Network with your peers on the insights and relax under the Arizona skies as you wrap up a couple of intense days with your peers at the final reception. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters. I pushed aside Shane’s motorbike helmet and jacket to take a seat in his crowded office. It was a beautiful spring day in March in Basel, Switzerland.

Top Supply Chain Articles of 2015

Cerasis

When I was Materials Manager at Maricopa County, Arizona, the second largest county in the country, I introduced Vendor Managed Inventory. Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process. There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success.

Do No Harm…

Supply Chain Shaman

I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. All of these studies that we are doing this summer will be showcased in a series of infographics at our upcoming Supply Chain Insights Global Summit on September 10th-11th in Scottsdale, Arizona.

Raise a Toast to Digital Business!

Supply Chain Shaman

During the year, we will be launching a number of team simulation games on outside-in processes and digital business to consider, and I am continuing my research with the operations research team at Arizona State University for the Supply Chains to Admire in 2015. In addition, my new book Metrics that Matter is designed to help build cross-functional teams. It is the week before Thanksgiving in the United States; and as a good Yank, I am reflective. I am giving thanks.

Omni-Channel Supply Chains Are Changing Everything You Ever Learned in School…

Supply Chain View from the Field

To give you an idea of what this is doing, the classic retail metrics, “same store sales” and “sales per square foot”, are no longer being reported by Macy’s department stores. But the sales person tells you, “I can find you a small at the store in Phoenix Arizona, and will have them ship it to you free of charge…you should get it in two days.”

50 expert tips on logistics planning and strategy

6 River Systems

” — William Verdini, associate professor and chairman of the Supply Chain Management Department at Arizona State University’s Carey School of Business, as quoted in The Importance of Education in Supply Chain Management , Reliable Plant; Twitter: @NoriaCorp. “By keeping an eye on these warehousing metrics, you can map out an error-resistant fulfillment process that moves from order to delivery as efficiently as possible.

Happy Labor Day! Insights on Building Supply Chain Talent

Supply Chain Shaman

Pick five-to-seven balanced metrics and hold all functions accountable to these corporate metrics. Next week, in Arizona, 120 supply chain leaders will be meeting to network on the Future of Supply Chain 2030. In the United States, families are packing for labor day. Exodus from the cities leads to jammed roads and packed parks. Now a ritual, Labor Day, is the first Monday in September.