Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. Optimize organizational spending, time, and sourcing of goods or services. An inventory aging report provides key metrics on how quickly your inventory moves.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

NOVEMBER 15, 2021

Sitting waiting for a confirmed booking.) The focus of planning is volume not value, and leaders struggle to change and embrace bi-directional orchestration to capture the price/volume trade-offs between source, make, deliver and plan. Ask the group to consider: Invest in Market Sensing. Challenge the current state.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 297

Supply Chain Shaman

JULY 21, 2022

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. The processes of make, source, and deliver reports to a common leader in only 40% of businesses. Supply Chains to Admire.

Supply Chain Design Software 195

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

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This proactive approach not only streamlines the sourcing process but also increases the likelihood of finding the right transportation service providers who can meet specific needs and expectations. Freight Procurement The actual Freight Procurement Stage is the heart of the transportation service sourcing process for shippers.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Figure 1: Supply Chain Metrics Are a Balancing Act. The metrics shown in Figure 1 are difficult to improve together. Most companies improve singular metrics but are not able to drive portfolio.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Supply Chain Shaman

FEBRUARY 23, 2017

Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The The Supply Chain Metrics That Matter are a portfolio of metrics which correlate to higher market capitalization. A ranking in the top 2/3 of the peer group qualifies a company for further analysis.

Agile and Lean Supply Chain 155

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 155

Supply Chain Insights

JULY 26, 2016

It is data driven research: a deep analysis of performance, improvement and Price to Tangible Book Value of 320 companies across 31 industries for the period of 2009-2015. The source data for the analysis is public reporting of balance sheets and income statements. The winners and finalists are an elite group. The Results.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

Supply Chain Shaman

NOVEMBER 15, 2021

Sitting waiting for a confirmed booking.) The focus of planning is volume not value, and leaders struggle to change and embrace bi-directional orchestration to capture the price/volume trade-offs between source, make, deliver and plan. Ask the group to consider: Invest in Market Sensing. Challenge the current state.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Sitting waiting for a confirmed booking.) The focus of planning is volume not value, and leaders struggle to change and embrace bi-directional orchestration to capture the price/volume trade-offs between source, make, deliver and plan. Ask the group to consider: Invest in Market Sensing. Challenge the current state.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

JUNE 26, 2017

Traditionally, the focus has been on building efficient organizational silos for make, source or deliver. As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. It is a study of peer groups. They do not have a peer group for comparison. They are in a league of their own.

Sourcing Strategies 152

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

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. Let me just state for the record that “Saying that you are going to write a book, is far more exciting than writing one.” Writing the book is helping me to get perspective. Then give the group an innovation fund. It is tedious.

Supply Chain Design Software 280

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 280

Supply Chain Shaman

NOVEMBER 28, 2016

The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As Price to Tangible Book Value (PTBV).

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Talking Logistics

APRIL 20, 2016

The New York Times best-selling book The Boys in the Boat by Daniel James Brown tells the story of how the University of Washington’s eight-oar crew team overcome great odds and adversity to win the gold medal at the 1936 Olympics in Berlin. How do you successfully align goals, metrics, and resources across functional groups?

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy Supply Chain Design 100

ThroughPut

JUNE 5, 2024

Customer segmentation, a form of supply chain segmentation, refers to the process of dividing customers into groups based on specific criteria such as demand patterns, service needs, product preferences, geographical locations, and profitability. You can follow the series of steps below for the implementation of customer segmentation.

Inventory Reduction 52

Inventory Reduction Material Savings Resource Reduction Sourcing Strategies 52

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Starbucks redesigned their cups for the Grande product, and the flimsy cups were a source of constant spills and burns. Flipping Book link: [link]. I now go to the local coffee shop.

Customer Service 307

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 307

ThroughPut

JUNE 5, 2024

Put simply, organizations serve diverse customer groups, each with unique preferences. This enables prioritization of these customer groups and products, while also assessing the costs associated with meeting these demands. This targeted marketing approach enhances customer engagement and loyalty, ultimately boosting sales.

Inventory Reduction 52

Inventory Reduction Material Savings Sourcing Strategies Resource Reduction 52

Supply Chain Shaman

JULY 9, 2013

I was writing the book, Bricks Matter and I wanted a better definition of Supply Chain Excellence. We started with mining the data on supply chain financial ratios within industry groups. This research was the backbone of the Supply Chain Metrics that Matter series of reports. It started at my kitchen table. Check them out!

Supply Chain Software 210

Supply Chain Software Supply Chain Modeling Modeling Software 210

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. In the OnDemand platform, some brands can also access a Supply Chain Scorecard that shows metrics including Days of Supply and Days of Supply Goal.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Financial ratios allow us to analyze performance across the peer group (large against small companies) and across currencies. We also look for companies that have out-performed their peer groups.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

Supply Chain Shaman

NOVEMBER 9, 2014

It was my first time working with this group. The team was organized around the functional silos of source, make and deliver. The group laughed. ” The group was quiet as we discussed the fact in the traditional organization that functional silos are not designed to work together. My name is often mispronounced.

Manufacturing Procurement 287

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 287

The Logistics & Supply Chain Management Society

MARCH 14, 2023

The following are some suggestions and insights from this assembled group of experts. MEASURING CARRIER PERFORMANCE Overall and perhaps not surprisingly, the council recommends that both objective and subjective metrics be put in place to measure the performance of MLOs and carriers.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Supply Chain Shaman

MARCH 4, 2013

My long-term blog readers may remember that two years ago, when I left AMR Research after the acquisition by Gartner Group, that I became more serious about my health. Abby and I are writing an e-book on Supply Chain Metrics that Matter. I will be speaking more on this during my European Book Tour of Bricks Matter next week.

Price Mitigation Strategies 271

Price Mitigation Strategies Training Cost Reduction Strategies Sourcing Strategies 271

Supply Chain Shaman

APRIL 14, 2013

I have worked for Gartner Group, AMR Research, Altimeter Group and now my own company, Supply Chain Insights. However, we have found that only a few companies are improving the potential of their supply chain to balance supply chain metrics. A value network is a group of companies that trade together to satisfy a market need.

Gartner 268

Gartner S&OP Pharmaceutical Supply Chain Planning Software 268

Supply Chain Shaman

JUNE 18, 2015

In meetings, groups nod their heads that the strategy is correct. Over the course of the last decade, companies have moved at different rates to align source, make and deliver processes to report to common leader. The greatest impact is between the supply chain organization and the finance group. It is not easy.

Sourcing Strategies 150

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Design 150

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

by John Lash , Group Vice President, Product Marketing, E2open. Protectionist trade policies are also causing companies to shift their country sourcing practices, and there is no reason to believe that we will see geopolitical posturing along the trade front fade soon. 2022 Realities vs 2023 Predictions. Following the U.S.-China

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Supply Chain Shaman

MAY 13, 2015

Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. The focus in supply chain groups was not on how to design the operations so that they were more effective; instead it was about the use of best practices to maximize the value of what we had.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Supply Chain Shaman

OCTOBER 8, 2019

The discussions are with groups of executives—often ex-management consultants. 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.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Supply Chain Shaman

JUNE 26, 2016

The winners drive improvement while posting financial results in the Supply Chain Metrics That Matter ahead of the peer group. In the analysis, we study 33 industry peer groups across more than three hundred public companies. Greater margin performance than the industry average for the peer group for the period of 2006-2015.

Supply Chain Design Software 203

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 203

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). One of the most successful procurement groups was at Merck. His insights last week were stellar as usual!

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Supply Chain Movement

OCTOBER 31, 2016

In the analysis, we divide companies into three groups: winners, finalists, and under-performers. The winners of this analysis meet all of the criteria of improvement, value, and performance when compared to a like industry peer group. This high-performing group represents 5 percent of public companies studied.

Pharmaceutical 60

Pharmaceutical Supply Chain Planning Supply Chain Strategy Supply Chain Design 60

ToolsGroup

APRIL 27, 2022

Image source: APA. For example, as of March 2022, 81% of Americans say the supply chain is a significant source of stress. Image source. Image source: APA. The following experts share eight sources of stress at work. And plenty of us are feeling that stress at work. In…and out…there you go!)

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Supply Chain Shaman

JUNE 21, 2016

In the traditional supply chain world, the processes of sell, deliver, make, source, and plan are separate and distinct. The metrics reward functional thinking. For reference, 52% of companies have a network design group, and 40% of these companies think that they do it well. This is not an easy transition.

Supply Chain Design Software 165

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 165

Supply Chain Insights

APRIL 9, 2013

To understand supply chain excellence, we have been studying pattern recognition for industry peer groups at the intersection of the metrics in the Supply Chain Effective Frontier of growth, profitability, cycles and complexity. Each peer group has a unique equation based upon what drives value in their specific value chain.

Gartner 137

Gartner Pharmaceutical Supply Chain Planning Software Supply Chain Strategy 137

Supply Chain Shaman

NOVEMBER 14, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Supply Chain Shaman

JUNE 29, 2015

In our research for the book Supply Chain Metrics That Matter , we find that this is the case for 90% of companies. Instead, invest in a network design group to understand your potential. Partner with an active group within your organization to design the supply chain and improve supply chain potential. You are not alone.

Supply Chain Design Software 150

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software S&OP 150

Supply Chain Shaman

JULY 19, 2015

In most ‘benchmarking activities’, self-reported data is the most common source. I am sure that there will be more over the next month, but here are my first ah-ha moments: 1) Planning Productivity is Grouped within a Tight Cluster across Companies. Debra built the Gartner Hierarchy of supply chain metrics.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Supply Chain View from the Field

NOVEMBER 10, 2014

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. In addition, I sat in on a set of interviews on the main stage.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124