ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Arkieva

JANUARY 29, 2019

To stay ahead of the curve, effective demand planners must track the right metrics that can help curtail possible demand planning issues ahead of time. Top 10 Demand Planning Metrics You Should Have on Your Dashboard [Infographic] was first posted on January 29, 2019 at 2:07 pm. Please contact me at hyeboah@arkieva.com.

Supply and Demand 71

Supply and Demand Demand Planning Metrics Supply Chain Planning 71

Supply Chain Shaman

JANUARY 8, 2024

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. Which leads me to share an article that I think that every supply chain leader should read.

Supply Chain Design Software 235

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

Arkieva

OCTOBER 11, 2017

The news story above made me think of several examples where a supply chain would use similar concepts to develop early warning metrics. How to Establish Early Warning Supply Chain Metrics was first posted on October 11, 2017 at 10:00 am.

Metrics 63

Metrics How To Supply Chain Supply and Demand 63

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

Logistics Viewpoints

OCTOBER 12, 2023

This article is from Michael Balint at Solvoyo and looks at the fresh produce supply chain. In a Sept 2022 Deloitte article, they maintain that “perishability is still relevant but now more of a pocketbook issue. The same “If” statement was repeated for a host of financial and operational metrics.

Supply Chain Design Software 228

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 228

Amware Logistics and Fulfillment

NOVEMBER 7, 2023

Order accuracy is a critical metric, but it’s far more than that. In this article, we look at why the order accuracy KPI is so critical, current standards for order accuracy, and how technology plays a role in driving this metric up and to the right. Precision is the cornerstone of success in B2C order fulfillment.

KPI 117

KPI Metrics Warehousing 117

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

GlobalTranz

JULY 20, 2015

Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain. Energy used in handling returns : This metric is used in sustainability programs.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

Supply Chain Shaman

SEPTEMBER 3, 2018

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability.

Supply Chain Planning Software 311

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

Logistics Bureau

NOVEMBER 14, 2023

Related articles on this topic have appeared throughout our website, check them out: Freight Benchmarking: What Is It? Let’s find the answers to these questions from Trent Morris!

Benchmarking 86

Benchmarking Supply Chain Supply and Demand Metrics 86

The Smart Software

SEPTEMBER 11, 2023

In this article, we'll walk you through the process of crafting a spare parts inventory plan that prioritizes availability metrics such as service levels and fill rates while ensuring cost efficiency. We'll focus on an approach to inventory planning called Service Level-Driven Inventory Optimization.

Supply Chain Planning Software 87

Supply Chain Planning Software Optimization Software Metrics Inventory 87

Amware Logistics and Fulfillment

NOVEMBER 7, 2023

Order accuracy is a critical metric, but it’s far more than that. In this article, we look at why the order accuracy KPI is so critical, current standards for order accuracy, and how technology plays a role in driving this metric up and to the right. Precision is the cornerstone of success in B2C order fulfillment.

KPI 62

KPI Metrics Warehousing 62

Logistics Bureau

AUGUST 23, 2022

Related articles on this topic have appeared throughout our website, check them out: 3 Practical Metrics for Supplier Performance Evaluation. We get lots of questions about Key Performance Indicators. Which Supply Chain KPIs? How many Supply Chain KPIs? Here are 5 key tips for your KPIs.

KPI 79

KPI Metrics Supply Chain Warehousing 79

Supply Chain Shaman

DECEMBER 28, 2020

My goal in this article is that we need to start this decade by giving science a chance. It is my hope that we can side-step political discussions demonstrated in my stories and ground the problem solving in scientific methods to understand the properties of data, the potential of supply chains through modeling, and the alignment of metrics.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Supply Chain View from the Field

JULY 19, 2013

I learned today that one of the articles I published with colleagues from the University of Tennessee, Oxford University, and Manchester University was cited for the 2013 Emerald citation of Excellence award. Authors of the winning articles receive an official certificate and logo to display on their work.

Innovation 68

Innovation Supply Chain Software Journal Supply Chain 68

Silvon Software

JANUARY 25, 2023

This article presents 18 ideas that can be used by supply chain leaders to improve participation by their sales organizations in the process. This article assumes that you have a forecasting application and need to get better process compliance and ownership from Sales. Tie forecast metrics to operational and financial metrics.

Supply and Demand 106

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 106

Arkieva

OCTOBER 14, 2020

In this blog, we will illustrate through an example of these potential pitfalls (unanchored, random variation, and narrow metrics) and potential negative impact on a firm. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at hyeboah@arkieva.com.

Forecasting 138

Forecasting Metrics Examples Modeling 138

Supply Chain Opz

JUNE 1, 2014

Then, this article will show how the influencers in supply chain management can be identified. Background In January 2012, Forbes published the article named " Who Are The Top 50 Social Media Power Influencers? " 3) "Average Retweets" or "the average number of retweets each user get per tweet" is used as a ranking metric.

Supply Chain 277

Supply Chain Metrics Michigan SCM 277

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. He has published numerous thought leadership articles, whitepapers, blogs and delivered dozens of webinars during his career. Nari Viswanathan is currently Sr.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

Arkieva

MAY 12, 2021

A reoccurring challenge in comparing and combining diverse time series in demand forecasting is the “scale” – as it is in combining metrics. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. This blog provides an example of one method called normalization.

Forecasting Software 129

Forecasting Software Demand Planning Software Supply Chain Software Tools 129

Logistics Bureau

JULY 18, 2017

Some Common-sense Warehouse Benchmarking Metrics. In this post, you can discover some common-sense warehouse metrics that should probably be included in your project, regardless of whether you are benchmarking internally or externally. Other Warehouse Performance Benchmarking Metrics. Perfect Order Warehouse Performance.

Benchmarking 41

Benchmarking Supply and Demand Metrics Warehousing 41

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals. logistics firms).

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty. Therefore, you can’t improve them.

KPI 83

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 83

ToolsGroup

JUNE 8, 2021

Note: the same challenges apply for RFP (request for proposal) and RFQ (request for quotation methods, but for simplicity, we’ll just refer to RFI in this article.). 6 Focus on the wrong metric. RFIs also assume the organization is focusing on the right metrics. Seven Ways RFIs Fall Short.

Supply Chain Planning Software 245

Supply Chain Planning Software Forecasting Software Supply Chain Software Optimization Software 245

Logistics Viewpoints

JUNE 19, 2023

This article showed the role eight different technologies play. The factory achieves its key metrics, but the metrics that really matter, a high service level at the lowest possible cost, are not met. A distributed order management (DOM) system determines which warehouse or store should be the originating location for an order.

Supply Chain Design Software 237

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 237

SCM Research

DECEMBER 14, 2016

Our new article, titled Accounting for External Turbulence of Logistics Organizations via Performance Measurement Systems (Supply Chain Management: An International Journal, Vol. The article was co-authored by Andreas Bühler, Carl Marcus Wallenburg and me. 6), is out now. Wallenburg, C.M., & Wieland, A.

Supply Chain Design Software 110

Supply Chain Design Software System Supply Chain Design Supply Chain Risk Management 110

Logistics Viewpoints

JUNE 29, 2023

This article explores the disruptive nature of supply chain disruptions, the significance of collaboration in managing direct spend, the role of Purchase Order (PO) Collaboration in tracking materials throughout the order cycle, and real-world challenges faced in PO Collaboration.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

Arkieva

MAY 18, 2021

Achieving full-scale sustainability and circularity cannot happen without end-to-end alignment, hierarchical connectivity, integration of all parts of your supply chain, performance metrics, and business processes. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

Supply Chain Planning 93

Supply Chain Planning Sustainability Scenario Planning Supply Chain 93

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. This article explains what it is, how to measure and improve it, and how to improve your OTIF rate. Either metric may be used to help you minimise delays and errors in your delivery process.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Locus Robotics

JANUARY 22, 2024

In the warehouse, conveyor belts run nonstop while associates sprint to hit shipping metrics before the next wave of orders arrive. At this breakneck pace in both atmospheres, safety risks and employee burnout loom large. Want to find out more about how AMRs will boost productivity and safety at your warehouse? Let’s talk !

Warehousing 52

Warehousing Supply Chain Software Material Savings Vendor Strategies 52

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Arkieva

NOVEMBER 9, 2021

The folks in the trenches want a definitive answer – give me a simple metric that I can use in all cases that provides guidance. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. They do not want the academic cop out – “it depends”. Please contact me at hyeboah@arkieva.com.

Forecasting Software 78

Forecasting Software Forecasting Supply Chain Planning Software Supply Chain Software 78

Supply Chain Game Changer

JULY 14, 2021

Featuring Our 12 Best Procurement Articles! Yin and Yang article and permission to publish here provided by Sam Jenks at Kodiak Rating. Create a Sustainability North Star Metric. A North Star Metric (NSM) is the center of any growth strategy. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Optimal Sourcing 98

Optimal Sourcing Procurement Sustainability Material Savings 98

DynaSys

MARCH 17, 2021

article notes that IBP is an Executive Management planning process that allocates financial resources to each operational unit of a corporation in order to support the corporation’s overall strategic direction. Organizational metrics are important. IBP vs S&OP. Our What is Integrated Business Planning (IBP)?

S&OP 89

S&OP Supply and Demand Procurement Analytics Forecasting 89

Supply Chain Opz

OCTOBER 27, 2013

This article will show you 10 amazing SCM books that provide the information you can really use. Background Early this year, I published one article named " 10 Greatest Supply Chain Management Books of All Time ". So, customer''s review on Amazon.com (3 stars or more) is also used as a metric.

SCM 246

SCM Procurement Analytics Agile and Lean Supply Chain Chad 246

Unleashed

MARCH 28, 2023

This article looks at nine crucial order management performance metrics to start tracking in your organisation. Learn more: 12 Powerful Tips for Improving Online Order Fulfilment Order management performance metrics allow businesses to measure and track the success of their current processes. What is order management?

Procurement Analytics 52

Procurement Analytics Metrics Purchasing Skills Cost Reduction Strategies 52