Supply Chain Shaman

JULY 22, 2019

In the research, I’m trying to understand the impact of choices—technology, process innovation, and leadership– on balance sheet performance. Companies performing the best have three characteristics: Business Model Innovation. We selected these metrics based on correlation work with Arizona State University in 2012.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

Supply Chain Shaman

JULY 25, 2021

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.

Procurement Analytics 370

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

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow. Technology invention is happening, but the translation to innovation is slow.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Logistics Viewpoints

JULY 19, 2023

In the survey, APQC used a series of performance metrics, including net promoter score, customer retention rate, perfect order performance, and on-time delivery among others, to identify the top performing companies. By comparison, 85 percent of orders are accomplished in one delivery for those at the 75th percentile.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

Supply Chain Shaman

JUNE 26, 2017

Amazon’s because of their breath in physical and digital supply chain, innovation in material handling, transportation, etc and their vision completely disrupting the industry. As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. They do not have a peer group for comparison.

Sourcing Strategies 152

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

Supply Chain Shaman

OCTOBER 5, 2018

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.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

Logility

OCTOBER 6, 2023

The primary business drivers to moving to the cloud are: Leveraging a network of data and information – A cloud environment creates enormous value for the supply chain by leveraging a network of data and information to allow greater collaboration and continuous innovation.

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

Supply Chain Game Changer

SEPTEMBER 8, 2021

What is Procurement’s North Star Metric? The North Star Metric (NSM). As published by Forbes in a 2017 article, “The North Star metric concept originally emerged from Silicon Valley and is best utilized by companies that invest in long-term sustainable growth. These sub-metrics should be your own mini-North Star Metrics.

Procurement Analytics 86

Procurement Analytics Manufacturing Procurement Negotiating Skills Optimal Sourcing 86

Precoro

DECEMBER 11, 2023

Company priorities extend far beyond just the purchasing price, so strategic sourcing also considers the following factors: Delivery price Delivery speed Quality and durability Servicing requirements Regulatory compliance Innovation These factors should be weighed against each other, as well as against the purchasing price.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

NC State SCRC

DECEMBER 17, 2017

Data for two of the categories used in the ranking – Innovation and Social Responsibility – are based on processes developed by Handfield and Huang. In the innovation category, metrics related to spending management, category management, strategic sourcing and supplier relationship management.

North Carolina 40

North Carolina Innovation Supply Chain Software Optimal Sourcing 40

Supply Chain Shaman

FEBRUARY 23, 2017

With 12,000 supply chain employees operating in 80 countries with 2400 storage facilities, supply chain excellence and innovation are the foundation of corporate performance. Over the period of 2009-2015 only 88% of companies made improvement on the “Supply Chain Metrics That Matter.” (The It did not happen overnight.

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

Intelligent Audit

MAY 2, 2022

Shippers need more than just a simple visualization platform, they need proper data collection with insights that potentially lead to game-changing innovations and actionable analytics and applications. Access to a single source of actionable analytics and an exact apples-to-apples type of data comparison helps shippers stay focused.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Analytics Software Predictive Analytics 52

DynaSys

JUNE 16, 2021

The lifecycle of a scenario has four stages: The initiation phase that focuses on data collection and validation The planning phase determines the event impact and a preferred course of action The scenario analysis and comparison phase Publication. The most important role of scenario management is analysis and comparison.

Scenario Planning 52

Scenario Planning Supply Chain Planning Software Supply Chain Planning Comparison 52

Supply Chain Shaman

JUNE 15, 2018

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. Here I show orbit chart comparisons at the intersection of operating margin and inventory turns for the period of 2006-2017.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

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. A Comparison Of Company Performance To Industry Average. Comparison of Companies in the Furniture Peer Group for the Period of 2010-2019. Defining the Customer-Centric Supply Chain.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Supply Chain Shaman

OCTOBER 8, 2019

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. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Intelligent Audit

MAY 9, 2022

Innovative tools and systems, including automated billing and invoicing, can ensure strong ROI. Standardize Shipping Cost Audits for Apples-to-Apples Comparisons. A vital distinction freight audit companies bring to the table is a standardized metric for comparing data and payment stats by normalizing and cleansing carrier data.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Freight Material Savings 52

ToolsGroup

JANUARY 4, 2018

Technology maturity strongly impacts overall supply chain maturity - Gartner looks at five elements to determine overall supply chain maturity including: business outcome focus, use of metrics, business process focus, decision-making process and use of technology. Convergence of supply chain planning and execution.

Gartner 168

Gartner Supply Chain Planning Software Supply Chain Software Study 168

GlobalTranz

JULY 5, 2016

It was also evident that many folks wanted more information around KPIs and Metrics, as our top 5 included two posts from this sub-category. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. Businesses are often left with questions about the origination of such data.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 132

Supply Chain Shaman

NOVEMBER 28, 2016

Based on a heritage of quality and innovation, the designs earned the trust in generations of families. Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As As a group, these metrics have the highest correlation to market capitalization. Carter’s, Inc.,

Supply Chain Design Software 195

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

Elementum

FEBRUARY 7, 2024

This guide cuts through the complexity, offering a direct comparison between BPA and BPM to clarify how each can uniquely improve your operations. Strategic Project Management: BPM frameworks ensure technology projects remain aligned with strategic objectives, fostering innovation and growth.

Resource Reduction 78

Resource Reduction Optimization Software Waste Reduction Cost Reduction Strategies 78

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. Measurement of demand accuracy incorrectly (comparison of units sold versus units forecasted monthly at a high level in the demand hierarchy).

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Supply Chain Shaman

JULY 8, 2013

2) Bias to Innovate. Six years ago, the Kimberly-Clark team was an innovator in the use of RFID. In the Supply Chain Metrics that Matter table, we can clearly see that “operating margin” and “inventory turns” matter to public financial performance. They are an innovator. Why it Matters.

Supply and Demand 210

Supply and Demand Demand Planning Software Modeling Supply Chain Planning Software 210

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. ” (Each mode of transport has different comparison reference data.). We are in a spin cycle of digital innovation. The lack of progress is troubling.

Supply Chain Planning Software 167

Supply Chain Planning Software Modeling Software Analytics Software Demand Planning Software 167

Supply Chain Shaman

JANUARY 14, 2013

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. The consolidation of this industry has served the technology providers well, but has largely stymied innovation. Metrics comparison of Kellogg Co. These technologies are mature.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 259

Supply Chain Shaman

APRIL 26, 2013

As a follow-up to this article, I wanted to talk one-on-one with the leadership teams of the two companies and get their insights on the ten-year comparison. We take pride in our innovations in manufacturing. We manage supply chain metrics. Recently, I wrote a blog post that contrasted Colgate and Unilever.

Supply Chain Planning Software 258

Supply Chain Planning Software Supply Chain Planning Supply Chain Scenario Planning 258

Supply Chain Shaman

JANUARY 30, 2019

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. ” (Each mode of transport has different comparison reference data.). We are in a spin cycle of digital innovation. The lack of progress is troubling.

Supply Chain Planning Software 154

Supply Chain Planning Software Modeling Software Modeling Analytics Software 154

Intelligent Audit

SEPTEMBER 9, 2021

At the heart of the growing need for innovative freight auditing services is the problem of limited working capital and cash flow disruption that plagues the supply chain network. Tracking cost by mode, lane, and cargo type for better metrics comparison. Analysis of shipments to identify the cost and expense average zone.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Intelligent Audit

NOVEMBER 5, 2021

Of course, the variety of data also implies a need to normalize compiled SKU data to ensure shippers can make apples-to-apples comparisons and not get lost in some of the slight differences that occur within each shipping lot or SKU. Track Cross-Industry Metrics. Always Innovate. Work With Consulting Services.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

EazyStock

OCTOBER 10, 2018

Companies are using big data to change the way they monitor product performance, research, develop and innovate. It is tempting to draw a comparison between big data and master data management (MDM) as the two terms are interconnected, but they are different. Big Data and Master Data Management.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

NC State SCRC

JANUARY 18, 2023

Handfield and Universidade Federal do Espirito Santo’s Dr. Marcos Paulo Valadares de Oliveira showed that an open analytics culture (OAC) strongly correlates with improved supply chain performance metrics. Supply Chain Metrics!?!? – Why should managers who work outside of “Supply Chain” care about this study?

Analytics Software 40

Analytics Software Resource Reduction Cost Reduction Strategies Waste Reduction 40

Supply Chain Movement

APRIL 26, 2017

The writing is on the wall: if you want to innovate in the digital world, you must be agile. Traditional companies are also realizing the downside of their linear processes’ efficiency: The steering of new products by heavyweight committees can be very good at suffocating innovation. Yet, Agile doesn’t stop at Silicon Valley. .

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Negotiating Skills Supply Chain Planning Software Predictive Analytics Software 60

Cognira

NOVEMBER 28, 2023

With the intensified omnichannel competition in the retail track, tight-fisted customers seamlessly bounce between multiple online and offline channels, checking reviews and using price comparison websites like Google Shopping to find the best deals. compared to the last year.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Supply Chain Game Changer

NOVEMBER 23, 2018

If we can draw a comparison between Thanksgiving dinners and procurement, they are essentially an every day example of why supplier quality management is important. The COPQ metrics can also help you calculate supplier charge-backs accurately, and thereby recover costs faster (metricstream 2018)”. . Innovation. What is SQM? .

Quality 42

Quality Cost Reduction Strategies Resource Reduction Vendor Strategies 42

Supply Chain Game Changer

SEPTEMBER 6, 2022

And a cursory look at benchmark comparisons to competitors showed the company lagging behind in virtually every metric. They were implementing some very innovative initiatives on their own. I developed a sense of the level of openness to change and innovation, and the level of resistance and pushback.

Optimal Sourcing 80

Optimal Sourcing Supply Chain Optimization Global Supply Chain Planning 80

Supply Chain Shaman

MAY 3, 2015

We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. This type of benchmarking is the most powerful in the comparison of like competitors. Gain an understanding of what is a digital supply chain, and learn more about the capabilities of new technologies to drive innovation.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

BlueYonder

DECEMBER 11, 2014

I recently read that between 1940 and the new millennium, the introduction of the earliest incubator and subsequent innovation has contributed to an estimated 75% reduction in infant mortality globally. The good news is the parts to represent the whole are available, as are catalytic advances and innovations.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 75