Supply Chain Matters

JUNE 15, 2022

Supply Chain Matters provides part two of highlights from supply chain concurrent planning technology provider Kinaxis ’s annual Kinexions 2022 customer conference held in May. In a previously published part one commentary , we shared summary highlights of the Kinexions 2022 conference. All rights reserved.

Conference 52

Conference Supply Chain Planning Software Supply Chain Design Software Prescriptive Analytics Software 52

Kinaxis

SEPTEMBER 9, 2014

by Melissa Clow September is a busy time of year for us at Kinaxis – Many folks here are flying the skies to attend various conferences. Here’s the supply chain conferences we love and will be attending. Gartner Supply Chain Executive Conference. Automotive Logistics Global Conference. September 10-11. London, UK.

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Conference Gartner Supply Chain Planning Software Supply Chain Design Software 150

Supply Chain Shaman

JULY 21, 2022

The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. We calculate the results based on public data from the period 2012-2021. Organizations are drowning in data that they cannot use.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Supply Chain Shaman

OCTOBER 13, 2022

Investments in Data-Driven Capabilities May Not Yield Better Decisions. I also heard Michael Lewis, author of Moneyball, speak on using data to improve the odds of player selection in Baseball. I also heard Michael Lewis, author of Moneyball, speak on using data to improve the odds of player selection in Baseball. The reason?

Supply Chain Planning Software 217

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

Talking Logistics

DECEMBER 4, 2017

Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. The elevation journey actually began the day before the conference officially started. So, what are some of the data challenges the industry faces?

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Supply Chain Shaman

AUGUST 12, 2020

On a cold Boston winter day, I slipped into my seat on a back row in a packed conference room at AMR Research. As I squeezed into the middle seat of a crowded conference room, I got the stare. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Logistics Viewpoints

OCTOBER 25, 2021

RF Guns Generate Massive Amounts of Data. Supply chain managers need real-time data to effectively manage operations. While supply chain software companies offer solutions that come with analytic solutions, the data used for the analytics is usually archived data. Archived data is not real-time.

Real-time Visibility 173

Real-time Visibility Analytics Software Supply Chain Planning Software Demand Planning Software 173

Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. There is just no way to get access to sufficient data to do the evaluation. In Table 1.

Gartner 203

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 203

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Supply Chain Shaman

JULY 22, 2019

The research is independent and data-driven. Industry-by-industry, I compiled data for the period of 2010-2018. The source data for the analysis comes from Ycharts.). We selected these metrics based on correlation work with Arizona State University in 2012. The companies I work with struggle to set metrics targets.

Supply Chain Design Software 250

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

Logistics Viewpoints

OCTOBER 5, 2022

I’d say that the conference did not disappoint on any of those three points. This is all about the alignment of metrics and objectives. SEE and RESPOND: the ability to get ahead of data, see the data and respond accordingly. The big piece here is you need to be able to break apart the data silos.

Real-time Visibility 217

Real-time Visibility Predictive Analytics Software Supply Chain Network Software Optimization Software 217

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Talking Logistics

JULY 15, 2015

The theme of this year’s Descartes Evolution 2015 Global User & Partner Conference , held in May in Miami, Florida, was “Logistics Integration — What’s Next?” Important metrics include On Time Delivery from a customer’s perspective; Team Performance in the home; and Point of Sale experience. If not now, when?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Conference Supply Chain Network Software 100

Supply Chain Shaman

JUNE 7, 2021

My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth. I advocated a study, an analysis of market value.

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Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

JULY 3, 2017

” Many will initially shake their heads “yes”, but upon a closer look at the data, they admit that they are stuck. It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. Companies balance supply chain metrics better in good times than bad.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

Supply Chain Shaman

OCTOBER 8, 2019

Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The design of the conference includes tours of several modern warehouses and centers of excellence. Supply chain management requires good data at the mix level of an item/location. The issues include: Level of granularity.

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

Supply Chain Shaman

FEBRUARY 14, 2022

When my flight canceled, I was en route to the annual AMR conference in Phoenix. I also share data to try to convince you to join a guiding coalition to think bigger. Sales data has the greatest bias and error due to bonus incentives. Organizations can align to drive value despite the allegiance to functional metrics.

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S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

MAY 22, 2013

This week, Gartner is hosting their annual supply chain conference. The formula is a weighted average of three years of financial data for year-over-year growth and return on assets. This data is then shared with Gartner’s industry analysts, and the analysts vote on which companies they think exemplify supply chain excellence.

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Gartner Pharmaceutical Supply Chain Chemicals 250

Supply Chain Shaman

MARCH 9, 2021

Remember the need for goal clarity, rules, and clear metrics in my opening paragraph? I have asked this question in fifteen surveys over the last decade, and the organizational performance and the use of data always rank in the top five.) The goal of the conference is to Imagine the supply chain of the future.

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Supply Chain Design Software Supply Chain Design Supply Chain Software Innovation 216

Supply Chain Shaman

SEPTEMBER 17, 2014

I smiled on the week following the conference as the accolades piled up in my inbox. Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. Following the conference, Alexia asked for me to share the methodology with over 150 financial analysts. Aligned Metrics.

Optimal Sourcing 301

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

Supply Chain Shaman

JUNE 29, 2014

This week, I spoke at the Llamasoft Summercon Conference. The conference was low-key. We laughed, and felt a bit silly, leaving the conference room holding our new furry tchotchkes. The goal was to translate volume and unit-based data into a profitability “what-if” analysis. “What a crazy name!

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Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Supply Chain Shaman

JUNE 26, 2017

As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. This year-over-year comparison, enables visualization of performance on two metrics. In addition, they rank last in their ability to drive metrics improvement. ” The answer will be “Yes! A Closer Look at P&G.

Sourcing Strategies 152

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

Kinaxis

JULY 13, 2018

Thick data” vs big data, the power of the supply chain profession, and cybersecurity. While I attend several supply chain conferences in any given year, SCM World is a favorite of mine for a couple of reasons. Complement big data with “thick data”. Instead, she suggested they should complement it with “thick data”.

SCM 100

SCM Big Data Predictive Analytics Software Supply Chain Network Software 100

Supply Chain Shaman

SEPTEMBER 9, 2014

Here we share the answers to the questions that we get the most often about this research: What is the source of data? The data analyzed to compile the Supply Chains to Admire report came from publicly-available information from balance sheets and income statements. As a result, you will not find 3M or GE in the data.

Pharmaceutical 274

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 274

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

The Logistics & Supply Chain Management Society

APRIL 26, 2022

According to the Conference Board, despite lockdowns and COVID-19 related restrictions, consumer confidence in Asia rose in the last quarter of 2021 to 128 points from 126 points. Technology, such as integrated cloud-based platforms of applications with connected networks and data will help to improve supply chain performance.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I need it for my conference on September 10th-11th, 2014. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. ” Supply Chain Leader.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Supply Chain Shaman

AUGUST 7, 2019

We draw a timeline on a conference room wall and using customer shipment and compliance data, we plot the issues with customer service and product outages. I ask, “ Do you have data that could be used to alleviate the issue in the future?” ” Or alternatively, “Is there data that could be sourced to help?

Supply Chain Design Software 250

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

Supply Chain Shaman

JULY 9, 2013

We started with mining the data on supply chain financial ratios within industry groups. This research was the backbone of the Supply Chain Metrics that Matter series of reports. As we published more and more industry data, I wanted to better define industry leaders. The Building of the Index. What do I mean?

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Supply Chain Software Supply Chain Modeling Modeling Software 203

OptiProERP

JANUARY 17, 2024

While the overall trend is toward more integrated and flexible systems that can process voluminous amounts of data, yielding analytics and metrics for improved decision-making, a majority of manufacturers still have yet to commit to the newer, “smarter” technologies.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Design Software Supply Chain Planning Software 52

Supply Chain Shaman

MAY 1, 2014

It is because the conversations at the conference were yesterday’s discussions. I heard Stryker share the story of adoption over a period of five years at the GHX conference last year. At the Logimed conference, no one in the audience was aggressively adopting the standards. Aggressively Get and Use Channel Data.

Supply Chain Planning Software 289

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 289

Supply Chain Shaman

AUGUST 2, 2017

However, to maximize the effectiveness of S&OP there is a need for a corporate view of data. Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. Data Models. Businesses are different. Visualization.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

Supply Chain Shaman

APRIL 25, 2013

As I sat at my kitchen table, I reviewed spreadsheet after spreadsheet of corporate performance data on supply chain financial ratios. The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. We want to get it right. Definitions.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 257

Supply Chain Insights

SEPTEMBER 9, 2014

Here we share the answers to the questions that we get the most often about this research: What is the source of data? The data analyzed to compile the Supply Chains to Admire 2014 report came from publicly-available information from balance sheets and income statements. As a result, you will not find 3M or GE in the data.

Pharmaceutical 179

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 179

Supply Chain Shaman

JUNE 15, 2018

Bandied about terms like best practices and “supply chain leaders” fill the air at supply chain conferences. 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.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Supply Chain Shaman

MAY 29, 2014

I think that the discussion on supply chain excellence should be a data-driven discussion. As a result, the metrics have to be viewed together as a pattern over time. In the journey, the supply chain leader needs to improve the potential of a portfolio of metrics. I find value in looking at these metrics together.

Gartner 301

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 301

Supply Chain Shaman

OCTOBER 11, 2012

However, through this period, I did not have the access to financial balance sheet data to judge if the companies that were deploying the technologies were making an impact on the balance sheet. Over the past three months, we have been mining this data, and the results disturb me. What I See in the Data. I want to believe.

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245