Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The Effective Frontier.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 171

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. Aligned Metrics. Bernstein & Co., Supply Chain Design.

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

Supply Chain Shaman

MAY 29, 2014

Meaningless Comparison. I just don’t think the comparison of very different industries in a spreadsheet based on growth, inventory values, and Return on Assets (ROA) is meaningful. As a result, the metrics have to be viewed together as a pattern over time. I find value in looking at these metrics together.

Gartner 301

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 301

Supply Chain Shaman

NOVEMBER 28, 2016

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. As a group, public companies want to make progress to both drive and sustain metrics performance, but they cannot. Improvement.

Supply Chain Design Software 195

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

Silvon Software

MAY 24, 2022

Sales metrics and key performance indicators (KPIs) empower a salesperson, team or organization to assess performance against goals and objectives, monitor progress and make necessary adjustments for continued sales success. Appropriate sales metrics also help identify the state of sales regarding time-based goals.

Procurement Analytics 78

Procurement Analytics Manufacturing Procurement Metrics Price Reduction 78

Logility

JANUARY 15, 2014

In 2005, I engaged with Sonoco Products, a packaging products and services company, to initiate some work on Sales and Operations Planning (S&OP). Comparison of Owens Illinois Versus Sonoco Products for the Period of 2000-2012. Packaging suppliers are under pressure for costs. Alignment on a Metrics Portfolio.

S&OP 101

S&OP Illinois Agile and Lean Supply Chain Inventory Reduction 101

Supply Chain Shaman

OCTOBER 8, 2019

Special programs—new product launch, promotional packaging, and samples—are often managed as marketing programs using offline processes (usually spreadsheets). No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. Apparel is an example.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

Logility

JANUARY 15, 2014

In 2005, I engaged with Sonoco Products, a packaging products and services company, to initiate some work on Sales and Operations Planning (S&OP). Comparison of Owens Illinois Versus Sonoco Products for the Period of 2000-2012. Packaging suppliers are under pressure for costs. Alignment on a Metrics Portfolio.

S&OP 100

S&OP Illinois Agile and Lean Supply Chain Inventory Reduction 100

Intelligent Audit

MAY 19, 2022

Eliminate Unnecessary Packaging and Dunnage. Managing freight bill financing involves attention to detail, such as reducing unnecessary packaging and cargo packaging protocols. When managing freight costs, shippers need to watch vital metrics and the various granular data points accessible.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimal Sourcing Freight Expense Reduction 52

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. parts per million, in comparison to the 1960 levels of 316.91 For retailers or e-commerce sellers, it means promoting sustainably manufactured products and using green materials for packaging and deliveries. Green packaging. parts per million.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

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 287

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 287

Talking Logistics

JUNE 30, 2015

Managing bid packages, for instance, can be time consuming and complex. If so it may be impossible to conduct an apples-to-apples comparison. When conducting a bid package, carriers may suggest alternate options that could create efficiencies for both parties. Adopt performance metrics for carriers.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Unleashed

OCTOBER 31, 2023

In comparison, workforce management looks to enhance the day-to-day productivity of your entire organisation. In comparison, workforce optimisation works by considering the talent you already have – their current knowledge or skill gaps – and looking for ways to optimise their input. Both use scheduling tools.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction 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. Not every package needs rush priority shipping by air.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Material Savings 52

Intelligent Audit

OCTOBER 26, 2021

Additionally, the normalization of data ensures actual, meaningful comparisons between reporting across platforms relying on different standards for coding and reporting of all shipping surcharges and associated expenses. Leading KPIs to Track Performance Across All Modes, Channels, and Providers.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

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.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

AFFLINK

JUNE 14, 2016

Even more challenging is establishing goals and metrics for this ever-moving target. Was there too much packaging? Pro Tip: If reducing the amount of packaging required for your product is not an option, try swapping out the packaging with an eco-friendly alternative like biodegradable mushroom packaging.

Waste Reduction 48

Waste Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 48

Supply Chain Shaman

OCTOBER 22, 2015

The teams feel good because cash-to-cash metrics improve; but in many cases, in the joyous celebrations, companies do not realize that they have reduced capabilities with suppliers and not made improvements in inventory. They are also more distribution centric i.e. retail and consumer packaged goods. We are just getting started.

Inventory Reduction 150

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

Intelligent Audit

SEPTEMBER 30, 2021

per package for large packages or $250.00 for oversize UPS packages and $350 for oversize FedEx packages. per package based on February 2020 volume for FedEx. per package. Helps to hold carriers accountable with performance metrics and data-driven strategies. Normalize data.

Shipping 52

Shipping Expense Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Shaman

DECEMBER 10, 2018

Orbit Chart Comparison of Personal Products, Household Companies and Broadline Retailers (Period of 2006-2017). Clorox Performance Compared to Competitors (Supply Chain Index is a relative metric of growth.). We needed to get better at forecasting and using postponement logic for late-stage packaging.

Inventory Reduction 169

Inventory Reduction Cost Reduction Strategies Waste Reduction Material Savings 169

Supply Chain Game Changer

AUGUST 13, 2020

In a post-COVID19 world, it may become more attractive to go ‘local’, and aim to source, produce, package, and sell in the same local, domestic, or — at least — continental markets. In comparison, just 10.8% Though we live in a very ‘global’ world, the fact is that many professional purchasers already buy incredibly local.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Supply Chain Shaman

AUGUST 5, 2015

Overall Results on the Supply Chain Metrics That Matter. Comparison of Colgate and Procter and Gamble for the Period of 2006-2014. In 2013, I wrote a post on the “two bookends of supply chain excellence in consumer packaged goods.” Supply chain leaders make progress in three-to-five years. It is seldom a step change.

Agile and Lean Supply Chain 150

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain 150

GlobalTranz

APRIL 10, 2017

Metrics and Auditing Prevent Overbilling and Overpayment to Vendors for Shipping Costs. Vendors control the processes, and packages may show up unannounced or outside of preferred times. In addition, dashboards reduce the amount needed to monitor and review metrics, reports DC Velocity.

Cost Reduction Strategies 179

Cost Reduction Strategies Vendor Strategies Inventory Reduction Negotiating Skills 179

ThroughPut

FEBRUARY 23, 2024

Your sourcing department can save valuable time because AI tools analyze suppliers with the aid of relevant data points and metrics and match them with the contract opportunities available. You can monitor competitor prices in real-time and keep a watch on the demand-supply metrics, enabling informed decisions.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Logistics Viewpoints

JULY 19, 2023

A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. One area of concern for the long-term health of the world is the use of packaging in both the manufacturing and shipping of products.

Sustainability 193

Sustainability Optimal Sourcing Logistics Material Savings 193

GlobalTranz

JULY 14, 2017

Knowing the proper metrics and data points to track promotes cost-effective shipping practices and can improve vendor, carrier and consumer relationships, reports Merrill Douglas of Inbound Logistics. The best-laid plans and metrics to track LTL shipping are only effective when a high on-time performance score exists.

Data 151

Data Negotiating Skills Vendor Strategies Resource Reduction 151

Supply Chain Shaman

NOVEMBER 22, 2015

In the fall of 2008 I attended a major consumer packaged goods company’s global customer team meeting. A major consumer packaged goods company gives discounts for full trucks, even layers and preferential timing for dock door acceptance. Customer Assessment by a Supplier (Comparison of Customer and Employee Views).

Supply Chain Design Software 135

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 135

Supply Chain Shaman

AUGUST 16, 2015

Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. While many will compare you to SAP, it is not a comparison. On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. I am not surprised.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Logistics Bureau

SEPTEMBER 4, 2023

However, the real gains will come only after a holistic assessment of the costs of individual customers within the various segments , based on their activities, orders, or other appropriate metrics. Have you looked closely at comparisons between the cost of supplying each of your SKUs and the revenue that it generates?

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? For example, a manufacturer may start to package finished goods in a way that eases handling by a logistics service provider who can then offer better prices for stocking and transport.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

ShipBob

SEPTEMBER 17, 2021

Package the items, weigh your shipment, and get a rate. Billable weight is used by carriers to calculate shipping rates per package. It takes into account both dimensional weight (the length, width and height of a package) and the actual weight (what the shipment actually weighs). Calculating shipping costs is easy, right?

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Material Savings Price Reduction 52

Supply Chain Shaman

JUNE 15, 2015

In high-tech, supply chain planning is more important than in other industries like chemical, pharmaceutical, consumer packaged goods and retail. Relative Comparison of Best-of-Breed Providers versus ERP Expansionists like SAP/Oracle. In this tough market being good at supply chain planning is a critical element to be competitive.

Supply Chain Planning Software 150

Supply Chain Planning Software SAP Supply Chain Planning Supply Chain Software 150

Logistics Bureau

SEPTEMBER 3, 2017

And by comparison and with apparently so much to gain, why do some logistics service providers and their clients fail to team up effectively? For example, a manufacturer may start to package finished goods in a way that eases handling by a logistics service provider who can then offer better prices for stocking and transport.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Supply Chain Shaman

JUNE 15, 2015

In high-tech, supply chain planning is more important than in other industries like chemical, pharmaceutical, consumer packaged goods and retail. Relative Comparison of Best-of-Breed Providers versus ERP Expansionists like SAP/Oracle. In this tough market excellence in supply chain planning is a critical element to be competitive.

Supply Chain Planning Software 135

Supply Chain Planning Software SAP Supply Chain Design Software Supply Chain Planning 135

Requis

MARCH 23, 2021

It’s largely a comparison tool. Back when I was working in data centers we invented a metric that we used to calculate the efficiency of that data center. Once proper sustainability metrics are developed they will eventually catch on until everybody is trying to outperform each other. What should I be looking for? .

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Expense Reduction 52

GlobalTranz

MARCH 30, 2018

Reports, dashboarding tools, key performance indicators and metrics, created and analyzed via big data and analytics, can help managers stay aligned with enterprise-wide and customer needs, fulfill more orders, and avoid disruptions or repercussions from violations of regulatory measures. Focus on visibility.

Analytics Software 172

Analytics Software Supply Chain Design Software Optimization Software Demand Planning Software 172

Unleashed

DECEMBER 20, 2022

There are four main types of sales channels available for eCommerce sellers: Online shop Marketplaces Social media Product comparison sites Online shop Developing a website or mobile app is the most popular option for businesses of any size. It’s where customers discover and buy things, and where businesses advertise and sell them.

Modeling Software 96

Modeling Software Demand Planning Software Inventory Management Software Forecasting Software 96