Logistics Viewpoints

JULY 18, 2022

Ferguson provides plumbing and heating products to 9 specialist customer groups – over a million customers – in the US and Canada. The company sources goods from 34,000 suppliers out of 30 nations. The company is piloting secure lockers for stock at their major sites. The company recorded 1.9

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 220

Supply Chain Shaman

JANUARY 2, 2024

We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. Collectively, these companies are not resilient. They underperform in their peer groups against companies weaker in planning. This is despite investment in people and technology.

Gartner 275

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 275

Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Why do companies focus on reducing a specific metric? by John Westerveld.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Supply Chain Shaman

FEBRUARY 11, 2014

My journey to understand supply chain Metrics That Matter started three years ago. When I sat down to write the book, Bricks Matter, I believed that companies had used supply chain technologies to reduce operating margin and improve inventory turns. What I found was erratic results with many companies going backwards.

Metrics 283

Metrics Optimal Sourcing Manufacturing Procurement Inventory Reduction 283

Supply Chain Shaman

MAY 15, 2023

When I use the research, I keep the information on the respondent–name, company, title, and individual comments–confidential. Use of Supply Chain Descriptors Most organizations are locked into functional silos driven by functional metrics. The metrics defining success in manufacturing and procurement do not align.

Manufacturing Procurement 436

Manufacturing Procurement Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning 436

Logistics Viewpoints

MARCH 9, 2023

Here we have compiled a list of the top six challenges that CPG companies face in the post-pandemic market. CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

Supply Chain Shaman

APRIL 27, 2022

Executive teams strive to drive improvement in supply chain results; yet, sadly, only four percent of public companies succeed. In this area of research, I find that companies are like dogs chasing cars. The grass is always greener at another company. Now, I view the company as a supply chain laggard. The reason?

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

Supply Chain Shaman

DECEMBER 15, 2022

” In this work, my observation is that large companies have a more difficult journey to drive organizational alignment, than smaller companies. Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. Functional Metrics. Organizational Alignment.

Manufacturing Procurement 387

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 387

Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. My job was redesigning work to improve effectiveness. The plant was 24 acres under one roof.

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

Talking Logistics

JULY 26, 2016

When it comes to supply chain and logistics metrics, companies are either tracking too many of them or they have so many metrics to choose from that figuring out the right approach to performance measurement is a challenge. Are there any guiding principles to selecting the “right” metrics?

Metrics 100

Metrics Logistics Network Optimization Software Groups Logistics 100

Talking Logistics

NOVEMBER 2, 2016

Assuming you can start with a clean slate, are there any guiding principles to selecting the “right” metrics? Usually, there are three things that companies do wrong when trying to measure the performance of their organization,” said Jason Minghini, VP Best Practices at Kenco Group in a recent episode of Talking Logistics.

Metrics 100

Metrics Supply Chain Logistics Network Optimization Software Supply and Demand 100

QAD

JUNE 22, 2023

Supply chains are in a constant state of disruption and companies must be prepared to pivot between diverse suppliers at any given time. The company also wanted to build better relationships with suppliers, lower its minimum cost of quality and boost supply chain resilience. That’s simply the nature of modern manufacturing.

Quality 92

Quality Groups Supply Chain Planning Software Optimal Sourcing 92

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. The idea is that data points within a group share similar properties, and each group is different (statistically speaking) from another.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). In the past study, of 600 companies studied, 4% make a list.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 369

Supply Chain Shaman

FEBRUARY 26, 2024

On Friday, I presented an overview of outside-in planning to a consulting group. Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. How do companies get started? The reason?

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

Supply Chain Shaman

DECEMBER 28, 2020

Strangely, in the last decade, while companies had the opportunity to use technology better, supply chain performance declined. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. Both companies outperformed their peer groups.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Supply Chain Movement

DECEMBER 8, 2014

Supply Chain Metrics That Matter makes this truth clear enough with its thorough analysis of recent multi-industry performance trends. Supply Chain Metrics That Matter was written to guide businesses through the change process with a measurementbased outlook that will help any organization stand the test of time. Change can be risky.

Metrics 120

Metrics Supply Chain Design Software Gartner Supply Chain Design 120

Talking Logistics

SEPTEMBER 12, 2017

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. For companies, this is an unsustainable attitude of complacency at the employee level and one that can stagnate progress in many ways. As a leader, you need many tools to eliminate this mindset.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

Supply Chain Shaman

NOVEMBER 21, 2023

He was proud of his work at the company, and made many strides to drive improvement, but was forced to leave. My client attempted to have a supply chain discussion to improve flow, and his executive group just did not get it. The metrics were not aligned. The company operated on a very functional view as depicted below.

Supply Chain Planning Software 325

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 325

Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Her supply chain experience includes specialist roles at AMR Research, Clorox, Gartner Group, Kraft, and Procter & Gamble. Metrics that Matter became a three year research project.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Supply Chain Shaman

JULY 25, 2021

Only four percent of companies outperformed their peer groups. While market potential declined, individual company performance declined faster. of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Silvon Software

JUNE 11, 2020

The more challenging part of dashboarding, however, gets down to the actual metrics that should be included as part of a performance management strategy. As a place to start, I thought I’d provide a shortlist of both simple and more complex metrics that our manufacturing and distribution clients are using in their dashboards today.

Metrics 78

Metrics Manufacturing Forecasting Inventory Reduction 78

Supply Chain Shaman

JUNE 24, 2022

Companies pushing IT standardization agendas will suffer the most. I am attempting to understand the choices companies make and the impact on supply chain performance. The metrics selection resulted from work with Arizona State University in 2013.) A cost-based agenda throws companies out of balance. My takeaway?

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 366

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Companies needed quicker answers with better insights, but current organizational processes are slow, putting supply chains on the back foot. Companies participating get a copy of the results. Tougher than most understand.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Supply Chain Shaman

SEPTEMBER 28, 2022

As a result, companies are writing new case studies through their actions or inaction. The company needs to focus on the design of flows, building outside-in processes, creating an effective supplier development group, reducing complexity, and driving bi-directional orchestration to a balanced scorecard. What is the issue?

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

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. Only supply chains that are agile, adaptable, and aligned provide companies with sustainable competitive advantage.”

Supply Chain Planning Software 311

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

Logistics Viewpoints

NOVEMBER 3, 2022

The latter refers to a single variable standard (SVS), by which one metric, such as cases per hour, is expected to tell all. What’s more, because an SVS approach only accounts for one metric at a time, a host of other equally if not more important metrics are bypassed, leaving you largely in the dark. Ad infinitum.

Supply Chain Design Software 212

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 212

Supply Chain Shaman

AUGUST 12, 2020

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. So, I sucked it up and consented. The result?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

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. To ensure all the benefits that procurement management can offer, you need to implement a comprehensive approach, focusing on the most overlooked KPIs in your company.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

OCTOBER 13, 2022

While one might argue that the availability of better data and insights can help companies make better decisions, let me share why I struggle with the analogy. The issues of process latency—a company’s ability to align on data to make a decision—are greater with the heightened levels of disruption. See the pattern? Closed Loop.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Supply Chain Shaman

DECEMBER 13, 2021

I gently probe with the groups and ask the question, “Why?” – Is it possible to drive digital transformation without asking the group to unlearn and untether themselves from existing norms and processes? Few companies ask the question of. I find that egos run strong through supply chain leaders.

Cost Reduction Strategies 351

Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy Supply Chain Design Software 351

6 River Systems

JULY 29, 2020

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

Logistics Viewpoints

MARCH 29, 2024

The locations are equipped to process a prescription “within a matter of minutes rather than hours or days,” the company said. The company plans to add more than a dozen other cities by the end of the year. Retail groups this week are applauding a U.S. The broader LA metro area will be up and running in April.

Prescriptive Analytics Software 251

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 251

Supply Chain Shaman

FEBRUARY 18, 2021

No company interviewed was able to successfully use their current what-if solutions to model pandemic impacts. Companies need an easy-to-use sandbox deployment to visualize supply chain constraints and the impact of variability. (Check out some of the work that Blume Global is doing in this area.). What are functional metrics?

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

The Logistics of Logistics

AUGUST 17, 2022

Nick is a Senior Account Executive and Team Leader at Lean Solutions Group , and Melanie is the Director of Solutions Consulting at Symtrain. Nick Strober is a Senior Account Executive at Lean Solutions Group , where he is known as a jack of all trades. Companies for three years in a row. About Lean Solutions Group.

Logistics Network Optimization Software 191

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Buyer Training 191