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Using Analytics to Measure S&OP Effectiveness

Silvon Software

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. Below are a handful of important KPIs that should be tracked to ensure that an organization’s S&OP goals stay on track.

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

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Inventory Management KPIs: Tracking What Matters Most

ShipBob

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . What are KPIs & why are they important for your inventory management? You can easily track these KPIs in an inventory management system (IMS) or enterprise resource planner (ERP).

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7 KPIs Your Procurement Team May Be Ignoring!

Supply Chain Game Changer

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. This process is called Key Performance Indicator mapping, also known as developing KPIs.

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KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). Warehousing KPIs. It is important to note that capacity may have seasonal or temporary variation. Outbound KPIs. Financial KPIs.

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8 Supplier Management Best Practices any bussiness can implement

Precoro

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. Poor supplier performance due to the lack of oversight, analytics and clearly defined requirements. Formulate business requirements Procurement is not just about cutting costs and looking for the cheapest deal.

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Understanding Supply Chain Management KPIs To Fuel a Company’s Financial Performance

ThroughPut

But what are the Key Performance Indicators (KPI) in supply chain management that you need to look at from a financial lens? But what you can’t miss out are the supply chain metrics outlined on the right hand side which influence these finance metrics. This leads to improved cost control and increased profitability.