GlobalTranz

NOVEMBER 17, 2016

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

RFgen

DECEMBER 4, 2024

We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency. Efficient supply chains strengthen collaborative relationships through automated communication systems and shared performance metrics.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

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. Ad infinitum.

Supply Chain Design Software 264

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 264

Enchange Supply Chain Consultancy

JULY 3, 2024

This phase focuses on ensuring a smooth implementation, ongoing support, and continuous improvement. Internal Perspective: Performance Monitoring: KPIs and Metrics: Establish key performance indicators (KPIs) to monitor distributor performance. Encourage continuous learning and improvement.

Inventory Reduction 263

Inventory Reduction Supply Chain Planning Software Material Savings Price Mitigation Strategies 263

RFgen

NOVEMBER 27, 2024

Supply chain optimization is crucial for enhancing efficiency and cost-effectiveness by providing end-to-end visibility, aligning with demand forecasts, and continuously improving processes through technology and analytics. Analyzing performance trends helps you find areas to improve across your supply chain.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

RFgen

DECEMBER 19, 2024

Production Capacity Analysis While traditional testing methods can be time-consuming and offer incomplete data, focusing on key production metrics within the manufacturing process provides more actionable insights. Consider these essential metrics: Asset Utilization: How efficiently are your machines being used?

Material Savings 92

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 92

GlobalTranz

JULY 28, 2021

That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Leveraging data for continuous improvement makes transportation optimization more synonymous with managed transportation.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Kinaxis

JULY 22, 2014

Based on a survey of 151 end-user organizations, Aberdeen used the following metrics to identify the top 20%: 97% average customer service level (84% for All Others). Two of the primary areas these organizations have targeted for improvement focus are supply chain visibility and supply chain collaboration.

Supply Chain Disruption 265

Supply Chain Disruption Supply Chain Planning Supply Chain Scenario Planning 265

Unleashed

MARCH 9, 2021

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. In this post, we’ll unpack ten top procurement metrics and why they matter. Undamaged shipment rate. On-time delivery: all suppliers.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

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

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

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. Integrating data does not align an organization motivated by functional metrics. My goal is to drive change. Digital Brain.

Supply Chain Planning Software 365

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

Supply Chain Shaman

APRIL 16, 2014

I have taken myself off the road to write the book Metrics That Matter. They have a goal to be agile and aligned; however, their continuous improvement processes are making steady improvement on an efficient supply chain model that is anything but agile or aligned. It is a slow week. Most of my friends are on vacation.

Supply Chain Design Software 298

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

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. It cannot be about singular metrics. Instead, it is about managing the trade-offs and improving supply chain potential. Owens Illinois (OI), a $6.3 Conscious Choice.

Illinois 253

Illinois Waste Reduction S&OP Supply Chain Planning Software 253

Supply Chain Shaman

SEPTEMBER 2, 2016

The focus cannot be about only continuous improvement of existing processes. Culturally companies need to bridge the difference between a traditional focus on continuous improvement and the need to drive a disruption. Pick five-to-seven balanced metrics and hold all functions accountable to these corporate metrics.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

Logistics Viewpoints

JUNE 22, 2023

It is a crucial metric that reflects the supply chain’s contribution to the customer experience, impacting brands, wholesalers, retailers, manufacturers, and distributors, both online and offline. How to measure OTIF: OTIF measurements pose challenges for organizations regardless of their type or industry.

Supply Chain Software 263

Supply Chain Software Real-time Visibility Modeling Software Optimization Software 263

Supply Chain Shaman

JANUARY 31, 2013

The only metric that we have improved through ten years of IT investments is the revenue/employee number. The folks in the back office are good at process and continuous improvement. I know that many readers have worked on continuous improvement programs and multi-year IT programs.

Turkey 231

Turkey Supply Chain Planning Software Supply Chain Planning Inventory Reduction 231

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. We find that companies can improve one, but not two of the metrics. A Look at History.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

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 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

Logistics Bureau

DECEMBER 28, 2024

This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets. Some have achieved up to 30% reduction in transportation emissions through product redesign.

Material Savings 75

Material Savings Resource Reduction Supply Chain Design Software Supply Chain Planning Software 75

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 95

S&OP Optimal Sourcing Supply and Demand Material Savings 95

Logility

AUGUST 14, 2023

The presence — or absence — of required data is going to have an impact on the metrics being used to measure the success of the project. Setting goals without understanding what data is available and required risks sending the project and its metrics off course. Some organizations will want to focus on improved forecasting.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 203

Supply Chain Shaman

MAY 19, 2016

In contrast, J&J that made the Gartner Top 25 list although they under performing on growth in both the pharmaceutical and medical device divisions, and they are not driving supply chain improvement (as measured by the Supply Chain Index ) faster than the peer group. It is one of the reasons that I left Gartner in 2010. Supply Chain 2030.

Gartner 210

Gartner Pharmaceutical Predictive Analytics Modeling Software 210

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. Like demand planning, it is usually a continuously improving process. Demand Planning. Demand Sensing. Demand Shaping.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

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. I believe that we have made great progress on the integration of corporate social responsibility programs into our continuous improvement efforts.

Supply Chain Planning Software 303

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

Supply Chain Shaman

AUGUST 11, 2014

Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We have found that supply chain metrics are gnarly and complicated.During I strongly believe diversity of experience and thought leads to improved performance. We named it the Supply Chain Index.

Case Study 305

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

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.

Supply Chain Planning Software 244

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

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 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

In SIOP, accountability is a huge part of achieving desired outcomes, improving monthly metrics and satisfying the customer needs. action of being held responsible for the results obtained after performing a given activity and the obligation of an individual or team to perform, adhere to and engage in a task as expected.

Supply and Demand 246

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

GlobalTranz

DECEMBER 8, 2021

Tracking transportation metrics provides context for understanding and implementing transportation best practices to support continuous improvement in the relationship. Be clear about how you will measure success. Common KPIs in a carrier relationship include on-time performance, least-cost carrier compliance and cost per lb.

Freight 226

Freight Network Optimization Software Modeling Logistics Network Optimization Software 226

The Network Effect

OCTOBER 3, 2014

Today, in order to accomplish these goals, continuous improvement in global supply chain execution has become a core supply capability required by most automotive OEM’s. Repeatable processes that minimize human intervention including continuous process measurement and reporting. Supplier shipment information accuracy.

Supply Chain Network Software 195

Supply Chain Network Software Automotive Modeling Software Supply and Demand 195

Logistics Viewpoints

NOVEMBER 23, 2020

All of those stockouts were extremely small; Ipsen’s metrics counts a stock out for any product not immediately available in any nation, even if typical monthly sales are just a few units. Ipsen’s approach to continuous improvement is interesting; it mirrors the process they used in plants to promote safety.

Customer Service 246

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

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 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Silvon Software

JUNE 1, 2023

KPIs are essential in S&OP as they provide a quantitative framework for gaining visibility, aligning efforts, supporting decision-making, and driving continuous improvement across the business. Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics.

S&OP 111

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 111

Logility

SEPTEMBER 12, 2024

A dynamic platform that adapts to the evolving needs of the business, the cloud offers the flexibility and scalability to support continuous improvement and operational excellence. Cultivated expertise: Develop a culture of continuous learning and technological proficiency across the organization.

Supply Chain Planning Software 200

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 200

GlobalTranz

OCTOBER 21, 2015

The next step in procurement is then managing vendors and keeping service providers accountable for continued improvement. All KPIS have metrics to measure. One of the goals of the SLA/KPI should be Continuous Improvement or Kaizen (LEAN initiative). What is a Service Level Agreement (SLA)?

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Logility

APRIL 29, 2021

It must also enable continuous improvement programs and Good Manufacturing Practices (GMP) by helping to identify areas that need improvement and create and manage corrective action plans.

Optimal Sourcing 204

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 204