GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Cost reduction is still very important.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

RFgen

DECEMBER 19, 2024

Material Flow: Optimize material flow patterns to accommodate increased volume without creating bottlenecks or excessive inventory. Consider these essential metrics: Asset Utilization: How efficiently are your machines being used? Environmental Impact : Larger-scale production has a greater environmental footprint.

Material Savings 92

Material Savings Resource Reduction Sourcing Strategies Inventory Reduction 92

GlobalTranz

NOVEMBER 17, 2016

Inventory location and management. As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data. But the possibilities for continuously improving. Supply Chain Leaders need to Focus on Continuous Improvement.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Logistics Viewpoints

NOVEMBER 3, 2022

The latter refers to a single variable standard (SVS), by which one metric, such as cases per hour, is expected to tell all. What’s more, because an SVS approach only accounts for one metric at a time, a host of other equally if not more important metrics are bypassed, leaving you largely in the dark. Inventory mix.

Supply Chain Design Software 261

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 261

Supply Chain Shaman

OCTOBER 22, 2015

The impact of complexity on inventory is not quick. It is a slow, continued impact that happens week-to-week as complexity increases. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. The Business Problem. The analogy is weight loss.

Inventory Reduction 150

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

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. On the 2nd of April, I sat before a board discussing how a company could exceed expectations in the delivery of Return on Invested Capital (ROIC) and superior operating margins and fail at the delivery of customer service and inventory. It is a slow week.

Supply Chain Design Software 298

Supply Chain Design Software Agile and Lean Supply Chain Modeling Supply Chain Planning Software 298

Logistics Viewpoints

JUNE 22, 2023

Ultimately it allows the measurement of a business’ ability to deliver on their promise while capturing the highest gross margin on their inventory investment. Suppliers, inventory visibility, and other variables beyond direct control can influence OTIF. How can an OMS help improve OTIF?

Supply Chain Software 260

Supply Chain Software Real-time Visibility Modeling Software Optimization Software 260

DELMIA Quintiq

AUGUST 13, 2014

For this, he uses the Theory of Constraints (TOC), following five steps of continuous improvement. Not because he lacks vision, but because he has been focusing on the wrong performance metrics for too long. His first realization is that in order to improve the plants performance, he needs new relevant metrics and KPIs.

Scenario Planning 214

Scenario Planning Supply Chain Planning Software Predictive Analytics Software Expense Reduction 214

ivalua

MAY 29, 2025

While procurement operates as a function within the broader supply chain, it has its own set of priorities for strategic sourcing in procurement, performance metrics, and specialized processes. Procurement teams negotiate long-term contracts to lock in pricing, mitigate supply chain risk , and ensure supply continuity.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software 130

RFgen

JANUARY 16, 2025

That’s where manufacturing inventory management software comes in. In this ultimate guide, we’ll break down everything you need to know about manufacturing inventory management software. Its your single source of truth for inventory, constantly updated and readily available.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

Supply Chain Shaman

MARCH 27, 2023

Just as the electric light bulb did not come from the continuous improvement of candles, I believe that supply chain planning improvements will not come from doing more of the same. What is the role of inventory? Integrating data does not align an organization motivated by functional metrics. Digital Brain.

Supply Chain Planning Software 365

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 365

Supply Chain Shaman

OCTOBER 1, 2013

As I write my new book, Metrics That Matter, I am studying the patterns of corporate performance based on choices in supply chain program execution. A company that is effectively working a supply chain strategy will have a nice, neat pattern at the intersection of operating margin and inventory turns. So, what can we learn?

Illinois 253

Illinois Waste Reduction S&OP Supply Chain Planning Software 253

RFgen

MAY 28, 2025

In this guide we walk through the essential steps to design a layout, implement labeling and slotting strategies, manage inventory with lean principles, and adopt technology solutions that keep operations agile. Following these practices will improve throughput, reduce labor costs, and boost employee satisfaction by removing frustration.

Inventory Reduction 89

Inventory Reduction Warehousing Supply Chain Design Software Inventory Management Software 89

GlobalTranz

JANUARY 4, 2017

Customer metrics. Cost or Cost Savings: Re-engineering/continuous improvement: Implement Lean initiatives to eliminate all wastes, improve processes, increase throughput, and bring much more value to the customer beyond their expectations: Lean consists of a culture/behavior change. Continuously using SOS cards.

Modeling 261

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 261

Unleashed

MARCH 9, 2021

This is often managed with the help of supplier management software or inventory management software. That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

GlobalTranz

OCTOBER 6, 2021

With driver shortages still impacting the industry and continual volatility within supply and demand balances, it is more important than ever for OTR managers to get on board with remote tools and digital services, including advanced shipper TMS platforms and managed services to reduce workload. .

Prescriptive Analytics Software 296

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 296

GlobalTranz

JUNE 1, 2018

Performance metrics can be used to provide real-time feedback, which helps keep employees motived and focused on continuous improvement. Greater accountability into inventory reduces the risk of theft, which is estimated to cost the industry up to $80 billion each year. Improving network-wide inventory visibility.

Supply Chain Design Software 240

Supply Chain Design Software Supply Chain Planning Software Optimization Software Forecasting Software 240

Supply Chain Shaman

JANUARY 31, 2013

While companies have increased Revenue per Employee across the healthcare value chain, the Days of Inventory have increased for suppliers, and there is a shift in power to the healthcare provider. I also see that we are not decreasing the total inventory levels in the network or accelerating time to value. Progress is stalled.

Turkey 231

Turkey Supply Chain Planning Software Supply Chain Planning Inventory Reduction 231

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement.

Case Study 305

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 305

ThroughPut

MAY 23, 2025

Leveraging powerful tools like Inventory Management Software , todays COOs gain real-time visibility, streamline operations, and make faster, smarter decisions that keep their businesses ahead of constant change. Foster continuous improvement and innovation across teams and processes.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Ipsen also need to reduce their lead times.

Customer Service 246

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 246

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Operational Efficiency: See an improvement in order processing speed, enhanced inventory accuracy , and smoother picking and packing processes.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

SCMDOJO

OCTOBER 28, 2024

Review Supplier Performance Performance Measurement: S&OP provides a framework for tracking supplier performance against agreed-upon metrics, such as delivery time, quality, and cost. Continuous Improvement: By identifying areas for improvement, procurement can work with suppliers to enhance their performance and drive cost savings.

S&OP 97

S&OP Optimal Sourcing Supply and Demand Material Savings 97

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. The analysis needs to be measured through an evaluation of year-over-year improvements. For many companies, improving results is elusive. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? SIOP stands for “Sales, Inventory, Operations Plan”, not to be confused with “S&OP”.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

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

GlobalTranz

MAY 18, 2018

Leverage Inventory as Data When systems communicate, they create inventory data, but actual inventory can be turned into data points and metrics to understand the flow of products. [WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 184

RFgen

JULY 31, 2024

Inventory and warehouse performance are powerful, often underappreciated, tools for boosting customer satisfaction and increasing profitability. Effective inventory and warehouse management directly impact a business’s ability to meet customer expectations by ensuring timely deliveries, accurate order fulfillment, and reduced errors.

Inventory Reduction 97

Inventory Reduction Inventory Management Software Supply Chain Planning Software Optimization Software 97

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. Global logistics leaders wanted to improve service levels, lower costs, and fortify Cardinal Health’s supply chain planning process. This was a bold and risky move.

Supply Chain Planning Software 244

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 244

GlobalTranz

DECEMBER 29, 2014

Warehouse Metrics to Track to Improve Profitability and Operations : Today’s warehouse managers often accrue massive amounts of performance data, but sometimes find they can apply little of it toward making productivity gains or customer service improvements. Use them to continuously improve your organization.

Logistics Network Optimization Software 321

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 321

ToolsGroup

MAY 24, 2016

Most companies segment their supply chain by breaking it down according to operational and logistical metrics. That’s necessary for continuous improvement and operational excellence. This approach of focusing on the customer for supply chain segmentation can also be applied to inventory segmentation.

Supply Chain Segmentation 159

Supply Chain Segmentation Optimal Sourcing Gartner Supply Chain Optimization 159

Supply Chain Shaman

DECEMBER 17, 2018

Nick strongly believes that it is insufficient to drive supply chain improvement through incrementalism. It is just not enough to do a software upgrade or slowly push continuous improvement projects. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. The reason?

Demand Planning Software 322

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 322

Supply Chain Shaman

APRIL 26, 2013

This has allowed us to improve operating margin, and return on assets (ROA); but has hurt the revenue/employee productivity numbers in your analysis. We manage supply chain metrics. We have significant opportunity to strengthen inventory management. This is a conscious choice. You are what you measure. Success is never final.

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Planning Supply Chain Scenario Planning 303

The Logistics of Logistics

OCTOBER 8, 2012

The relationship will not work without trust and Continuous Improvements through constant communication in your relationship. Yes, I stress partnership and collaboration.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

SCMDOJO

MAY 26, 2025

Streamline Material Flow and Inventory Management Delays often begin when components are not where they need to be when required. Inventory systems must also reflect real-time conditions on the factory floor. Digital inventory tools that track consumption as it happens offer better visibility and control.

Supply Chain Planning Software 59

Supply Chain Planning Software Inventory Reduction Material Savings Resource Reduction 59

ToolsGroup

JULY 10, 2018

It often employs statistical metrics like MAPE (mean average percentage error), which has hit a wall in recent years due to increased demand volatility and this approach's mostly backward-facing nature. Demand signals can include downstream demand such as “sell out” or POS data and downstream inventory levels. Demand Planning.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

Supply Chain Shaman

JUNE 26, 2016

The winners drive improvement while posting financial results in the Supply Chain Metrics That Matter ahead of the peer group. Inventory Turns. Better performance in inventory turns than the peer group average for the period of 2006-2015. Orbit Chart of Colgate at the Intersection of Operating Margin and Inventory Turns.

Supply Chain Design Software 260

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 260