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.

S&OP 111

S&OP Procurement Analytics Supply and Demand Analytics Software 111

BlueYonder

APRIL 9, 2024

For the past 175 years, Carlsberg has continuously reinvented itself from a marketing, innovation and product perspective, while remaining true to its core values of enriching communities while manufacturing quality drinks. Dealing with each area — planning, manufacturing, distribution, fulfilment, etc. —

Optimal Sourcing 101

Optimal Sourcing Sustainability Material Savings Waste Reduction 101

Logistics Bureau

OCTOBER 9, 2017

What is a KPI? What is a KPI? Can you explain what a KPI is? Take the notion of a KPI or key performance indicator, for example. You’ll hear a lot in different organisations about KPIs, but that doesn’t mean they are always used effectively. As the name indicates, KPIs concern “key” areas of the business.

KPI 40

KPI Supply Chain Planning Supply Chain Metrics 40

Unleashed

SEPTEMBER 22, 2019

Delivery In Full On Time, or DIFOT, is a metric used to analyse how accurate and efficient your supply chain is. This gives us a percentage KPI to track. When it comes time to reassess the approved supplier list, then you can use these metrics to disqualify problematic suppliers and improve your own performance and supply chain.

Metrics 61

Metrics Supply Chain Design Software Inventory Management Software Forecasting Software 61

Logility

AUGUST 14, 2023

Transactional and customer-facing data, such as transportation data and manufacturing and purchase orders, are important for generating demand signals and calculating demand variability. The presence — or absence — of required data is going to have an impact on the metrics being used to measure the success of the project.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 202

Logistics Bureau

OCTOBER 20, 2021

It’s not uncommon though, for companies to make the mistake of over-complicating their supply chain performance monitoring. While having too many KPIs is undoubtedly better than having none, it can impede progress by creating a confused, complex mass of information that becomes difficult to sort out and use as a basis for action.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? They judge the Flex teams, choose a winner, and it is collaborative, as each company learns from each other.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Silvon Software

FEBRUARY 23, 2023

As powerful tools to support these initiatives, both Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) are metrics that can be used to monitor business performance and track potential risks. As you can see, a decreased value in a KPI may increase the value of a related KRI if a company goal is not achieved.

Procurement Analytics 66

Procurement Analytics KPI Analytics Software Supply Chain Planning Software 66

OptiProERP

AUGUST 19, 2022

Throughput is the time it takes for a product to pass through manufacturing processes on a machine-by-machine basis for a defined period. Throughput is an essential KPI , and a lean metric, as it evaluates performance. It is key to understanding how your manufacturing team is doing. How Can You Increase Throughput?

Manufacturing 52

Manufacturing Resource Reduction Waste Reduction Expense Reduction 52

Supply Chain Game Changer

JULY 21, 2021

Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. Get Our EBOOK HERE.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. I have found this to be true when working with many different manufacturers. Metrics for Action. These Metrics for Action are not intended for overall business analysis.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

ShipBob

JANUARY 28, 2022

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).

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

QAD

AUGUST 24, 2021

Disruption is the watchword for manufacturers these days – even without the global COVID-19 pandemic, manufacturers constantly deal with supply chain interruptions, fluid customer demands, global economic pressures, and technology-driven competition, among other forces. Business Change Management. QAD is your partner on the journey.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Resource Reduction Analytics Software 98

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste.

Optimal Sourcing 76

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 76

Unleashed

DECEMBER 11, 2022

When you measure and analyse the right warehouse KPIs, you can make better-informed business decisions based on real data. That’s why, with so many possible variables to track, it’s critical to know which metrics matter most. In this guide to warehouse KPIs: What are ‘warehouse KPIs’ and why should you use them?

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

crisp

DECEMBER 15, 2021

This is a huge commitment, especially for smaller companies. Establish a set of KPIs and set performance targets to measure your progress. . A good KPI to track for this goal might be a low out of stock (OOS) rate. These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Enterra Insights

APRIL 22, 2019

2] She wrote: “There’s no doubt about it: manufacturers who fail to meet a retailer’s vendor standards can get into financial trouble. … The only good news for suppliers: they won’t be fined twice for non-compliance, the company said. the company is raising the stakes to improve sales.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Logility

SEPTEMBER 5, 2013

I was talking with a practitioner last week who was the internal champion that brought Logility Voyager Solutions into a leading flooring manufacturer. At the time this wasn’t a company on the bleeding edge of supply chain best practices. Too often I see people over-complicating their KPI measures. Seeing the Future.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software KPI Supply Chain Software 100

Supply Chain Matters

APRIL 28, 2023

This second in this series provides a specific focus for the now growing importance for increased operational excellence and efficiencies for companies whose products are anchored in process and batch manufacturing process environments.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Logility

SEPTEMBER 5, 2013

I was talking with a practitioner last week who was the internal champion that brought Logility Voyager Solutions into a leading flooring manufacturer. At the time this wasn’t a company on the bleeding edge of supply chain best practices. Too often I see people over-complicating their KPI measures. Seeing the Future.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software KPI Supply Chain Software 100

OptiProERP

AUGUST 17, 2022

What’s covered in this blog: What KPIs are in manufacturing. The difference between KPIs and metrics. What determines a good KPI. Why manufacturers should use KPIs. The top 12 manufacturing KPIs and how to calculate them. How KPIs can be made actionable.

Manufacturing 52

Manufacturing KPI Expense Reduction Cost Reduction Strategies 52

Taulia

NOVEMBER 28, 2021

A similar KPI to inventory turnover, average days to sell inventory is intended to measure how long, on average, it takes your company to turn inventory into sales. And the first step to avoiding them in future is to understand when (and how) they occur, which is the intention of this inventory management KPI.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Unleashed

FEBRUARY 1, 2023

This enables the company to manufacture and distribute its product in a way that, ideally, efficiently meets consumer demand. Beyond these ‘soft skills’, demand planning requires the ability to analyse data including internal records, manufacturer predictions, consumer trends and behaviours, and market shifts.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

synchrono

MAY 7, 2018

It seems not a week goes by when I don’t hear from someone in manufacturing: “You can’t manage what you can’t measure”. Of course, there is a lot of truth to that statement, but as someone who spends all day, every day, helping manufacturers gather real-time data for better operational performance, I believe the statement is incomplete.

Metrics 58

Metrics Manufacturing Resource Reduction Supply and Demand 58

E2open

MAY 23, 2017

To simplify the measurement and realization of value, data-driven organizations should first segment Key Performance Indicators (KPIs) into two distinct sets: Value Metrics and Process Metrics. Value metrics are the final goal and directly relate to cost savings, revenue increases or other tangible forms of return.

Material Savings 68

Material Savings Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software 68

Silvon Software

APRIL 8, 2022

To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. The Basics of Manufacturing KPIs. Machine KPIs.

Optimal Sourcing 115

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 115

Precoro

MARCH 31, 2023

Thus, prioritizing sustainable procurement has become a critical component of companies' policies; by doing so, organizations promote transparency, fairness, resource efficiency, and ethical practices while enhancing their brand image and competitiveness. Let's delve deeper into what makes sustainable procurement important for companies.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

FEBRUARY 12, 2017

The Company’s goal is to defeat diabetes and drive better patient outcomes. The company also provides for other serious chronic conditions including hemophilia, growth disorders and obesity. The company is headquartered in Denmark and employs 42,000 people in 77 countries while marketing products in more than 165 countries.

Pharmaceutical 150

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

SupplyShift

JUNE 2, 2021

The recent uptick of sustainability bonds from global companies like Wells Fargo, Bank of America, and most recently Amazon sends a strong market signal that focus on corporate Environmental, Social, and Governance (ESG) is no longer just a trend – it’s the new business imperative. At the same time, pressure from NGOs was on the rise.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 52

Demand Solutions

OCTOBER 10, 2014

Everyone in manufacturing and distribution seems to be abuzz about topics like Sales and Operations Planning (S&OP) and Integrated Business Planning (IBP). We at Demand Solutions believe the benefits of S&OP and IBP can be applied to any manufacturer or distributor. And with good reason.

Supply and Demand 124

Supply and Demand S&OP Supply Chain Planning Software Forecasting 124

ThroughPut

OCTOBER 20, 2022

Organizations can rapidly identify distribution routes that do not meet OTIF metrics, are congested, or are simply unprofitable – not only at the supplier level but also at the product and store level. to guide appropriate regional capacity requirements for both individual location and point-to-point requirements. The post ThroughPut Inc.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

SCMDOJO

JULY 3, 2023

Role and influence of procurement function in the company Lesson 4. Tasks for procurement in the companies Lesson 5. What is procurement and purchasing Lesson 2. Trends and tendencies in procurement Lesson 3. Types of procurement. Five rights of procurement Lesson 6. Procurement and Purchasing Cycle Lesson 7.

Purchasing Training 80

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 80

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. What Are Procurement KPIs, and Why Use Them? Procurement KPI Categories. Cost-saving KPIs: Procurement ROI. Cost Reduction. Cost Avoidance.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Intelligent Audit

NOVEMBER 3, 2022

An optimized system adapts to the market and world and shifts to provide the right solutions as your company evolves and grows over time. For instance, it may be better to ship straight from a warehouse or manufacturer, while in other cases, it’s best to ship from a store. . Ready Your Data. Gain Insights from Data.

Network Optimization 52

Network Optimization Supply Chain Network Software Optimization Software Modeling 52

Kanban Logistics

FEBRUARY 27, 2020

While you can build and staff your own warehouse and perform these services yourself, more and more companies see the value in handing warehousing operations off to a third-party logistics (3PL) provider. This type of warehousing is suited for larger companies with predictable (and sizeable) order volumes. The shared 3PL model.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Logility

JUNE 20, 2017

At recent supply chain user conferences, a major concern for many companies was the talent gap in supply chain. At a recent Logility conference , there were many exclamations from attendees about talent shortages at their companies and the impact this is having on the organizations’ abilities to achieve their goals. Optimize It!

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Planning Software Optimization Software Demand Planning Software 119

SupplyShift

JUNE 2, 2021

The recent uptick of sustainability bonds from global companies like Wells Fargo, Bank of America, and most recently Amazon sends a strong market signal that focus on corporate Environmental, Social, and Governance (ESG) is no longer just a trend – it’s the new business imperative. At the same time, pressure from NGOs was on the rise.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 40