Remove Comparison Remove Examples Remove Innovation Remove Metrics
article thumbnail

Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

For example, in Figure A, we share on orbit chart on how Sanofi is underperforming the industry. However, the key part of this comparison is the fact that Sanofi never drove improvement. The group’s response is, “Are these supply chain metrics?” Outperformers Focus on Customer-centric Innovation.

article thumbnail

Side-step Oxymorons to Make Progress in Planning

Supply Chain Shaman

Definitions: Oxymoron: The combination of contradictory or incongruous words (such as cruel kindness) Juxtaposition: The act of placing words or concepts close together or side by side, for comparison or contrast. True innovation is never defined initially by a mandatory Return on Investment (ROI).) My goal is to drive change.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Trying to Push Content Above the Noise

Supply Chain Shaman

We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. For example, let’s take a look at the patterns of Anheuser Busch, Colgate-Palmolive, Mondelez, and Nestle shown in Figure 1. Instead, the focus is on customer-focused innovation and leadership.

Gartner 275
article thumbnail

The Coffee Pot Conversation That Will Not Happen

Supply Chain Shaman

A forum was great for networking but not for driving process innovation. For example, client-server to cloud architectures offered great promise for process innovation, but companies just moved their processes without asking how to drive new levels of value from technology. In Table 1, I share a comparison of the two methods.

Gartner 197
article thumbnail

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. In comparison, the poorest-performing companies in the lowest quartile had a range of working capital between 23% and 39% as a percentage of revenues. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Isn’t time important? Read more.

article thumbnail

Holding Ourselves Accountable for Business Results

Supply Chain Shaman

Let’s start with honesty and a focus on process innovation. The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance.

article thumbnail

L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.