Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. The next figure you need to calculate is COGS, which is a metric that relates to the direct costs of a product that a business sells.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Supply Chain Shaman

JANUARY 9, 2024

The group’s response is, “Are these supply chain metrics?” ” For many stuck in the myriad of functional metrics, like Operational Efficiency (OEE), Purchase Price Variance (PPV), or transportation cost, a focus on growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) is a stretch.

Supply Chain Planning Software 281

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 281

Supply Chain Shaman

JANUARY 8, 2024

Note to the reader: we selected these metrics for the balanced scorecard for the analysis after work with Arizona State University to understand which metrics, in combination, most closely correlated with market capitalization. Consider the role of functional metrics and the lack of alignment with the corporate scorecard.)

Supply Chain Design Software 235

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 235

Supply Chain Shaman

OCTOBER 6, 2013

When this happens, there is greater balance between metric trade-offs and resiliency in year-over-year improvements in corporate performance. And, we try to be clear in the course that the starting point is in improving reliability. Process needs to follow strategy. Recommendations: Many companies do not know where to start.

Supply Chain Network Software 219

Supply Chain Network Software Course Supply and Demand Supply Chain Design Software 219

Supply Chain Shaman

FEBRUARY 26, 2024

Over the next five weeks, seventy business/technology and consulting leaders will complete the course. Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability.

Modeling 204

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 204

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. 3 Align on goals and KPIs.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 202

Logility

AUGUST 7, 2023

The result is, of course, an unhappy customer and the likelihood that for the next incident, they will be looking for another service provider or third party. There are simple metrics, which indicate the linkage between parts availability and additional sales. What did you think about that?

Customer Service 214

Customer Service Supply Chain Planning Software Optimization Software Logility 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

Kinaxis

MAY 21, 2019

Of course, these symptoms or signs of ineffective planning are true for supply chains. Chances are many of the metrics guiding the organization are poorly chosen and even more poorly applied, as well. Then comes the finger-pointing when metrics in one department or silo conflict with metrics in another silo or function.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Planning Supply Chain Optimization Supply Chain 234

Supply Chain Shaman

JULY 12, 2021

As a strong proponent of maturity models, many discussions centered on the movement from program-based to functional metrics and how to drive alignment. Our discussions, influenced the model shown in Figure 1 from the Book Metrics that Matter. Metrics That Matter Model Evolution. To hear Roddy live, listen to a prior podcast.)

Modeling 195

Modeling Optimization Modeling Metrics Supply Chain Optimization 195

Supply Chain Insights

JUNE 1, 2017

This past month I attended our Supply Chain Insights Bootcamp training led by Lora Cecere in Philadelphia and facilitated the first course of a Cross-Company Academy training, End-to-End Supply Chain Orchestration. Cross-Company Academy is a 7 month online training course, Bootcamp is a 2 day in-person training course.)

Supply Chain Strategy 161

Supply Chain Strategy Supply Chain Software Price Mitigation Strategies Supply Chain 161

Logistics Bureau

JULY 18, 2017

Some Common-sense Warehouse Benchmarking Metrics. In this post, you can discover some common-sense warehouse metrics that should probably be included in your project, regardless of whether you are benchmarking internally or externally. Other Warehouse Performance Benchmarking Metrics. Perfect Order Warehouse Performance.

Benchmarking 41

Benchmarking Supply and Demand Metrics Warehousing 41

SYSPRO Smarter ERP

MAY 2, 2022

Deby Joevita, an award-winning User Experience Designer, mentioned during an online course that a UX design should have some metrics built in, which should provide you with the necessary direction towards achieving a meaningful experience for users. Suddenly my attention was on full alert and my interest piqued.

Supply Chain Design Software 111

Supply Chain Design Software Analytics Software Demand Planning Software Supply Chain Network Software 111

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. To change course, learn from history, to unlearn to rethink outcomes.

Supply Chain Planning Software 304

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 304

ivalua

AUGUST 19, 2021

Of course, over the last few years, the role of Procurement has become more visible, in large part due to broader recognition of the value and closely monitored and tracked performance metrics that are now more mainstream. Get your copy of the Ardent Partners Procurement Metrics That Matter in 2021. Spend Under Management.

Optimal Sourcing 130

Optimal Sourcing Metrics Procurement Sourcing Strategies 130

SCMDOJO

MARCH 19, 2024

Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. If you are involved in global trade, you need to enroll in our Global Trade Compliance course. Negotiate contracts and evaluate suppliers.

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

BlueYonder

APRIL 9, 2024

This includes demand planning, volume assessments at a granular level, knowing where best to source from to meet omni-channel demand, where to then position inventory based on known demand and where customers are located, and, of course, how best to then fulfill orders and to optimize the last mile. A prospect to raise a glass to.

Optimal Sourcing 101

Optimal Sourcing Sustainability Material Savings Waste Reduction 101

Logistics Bureau

JULY 27, 2016

Supplier Performance Metrics for Every Organisation. In this post, you’ll find some suggested metrics for supplier performance evaluation and management. Alternatively you could have two metrics, one for advised variations and one for variations discovered upon goods receipt. Other Supplier Performance Metrics.

Procurement Analytics 40

Procurement Analytics Metrics Procurement Solutions Analytics Software 40

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Each requires its own portfolio of metrics. Even where the same metrics are used, there are differences.

Inventory Reduction 63

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 63

Supply Chain Shaman

FEBRUARY 17, 2014

While all leaders can agree that they want more assets and less trash, there is confusion about the best metric. ROIC: Colgate and other consumer products companies swear by the Return on Invested Capital (ROIC) metric. The more work that I do on metrics, the more I become a fan of ROIC. Note how different the numbers are.

Metrics 236

Metrics Food Demand Planning Software Supply and Demand 236

Supply Chain Shaman

FEBRUARY 1, 2024

Over the course of the last decade, his story is the same. Optimization engines to improve functional metric performance resulted in an exploding number of planners. Back to John. His comments are typically a word salad rant. He feels that based on his years of experience with a software provider, he has a whizzbang technology.

Supply Chain Planning Software 317

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 317

Supply Chain Shaman

SEPTEMBER 4, 2017

Over the course of the last quarter, with the help from Cloudera, we built a data lake of with data from 1449 public companies. We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. Shown in Figure 1 is an example of resiliency.

Supply Chain Planning Software 168

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 168

Logistics Viewpoints

FEBRUARY 2, 2024

cities over the course of the year, bringing the total number to 110. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5 Amazon also expanded its same-day delivery service, adding nine new dedicated sites and serving 18 additional U.S. percent in the final quarter of the year.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

QAD

APRIL 13, 2023

While Contract Pharma & BioPharma manufacturers continue to experience an increase in demand for more projects, new challenges are emerging from nearly every angle including new regulatory and quality requirements, workforce shortages and of course, supply chain disruptions.

Pharmaceutical 95

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 95

TMC

NOVEMBER 18, 2015

Of course, weather represents only one corner of the supply chain risk universe, and companies have to be vigilant on multiple fronts. The post Guest Post: Ignoring this Performance Metric is Risky appeared first on Connect Blog by TMC, a division of C.H. This post is credited to Dr. Yossi Sheffi.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Supply Chain Software 67

BlueYonder

FEBRUARY 27, 2024

Logistics teams have a hard time optimizing warehouses for cost, service, sustainability, and other metrics even in the most stable business environment. More than ever, the warehouse needs to constantly change course, seamlessly and in concert, as conditions change,” Joe stresses. And today’s landscape is anything but stable.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Warehousing Optimization Software 95

Supply Chain Insights

JULY 22, 2016

Today our first course, Supply Chain Metrics That Matter, is ready for sale. The other courses, designed as fast sprints, are currently in development. The full course catalog will be complete by the Supply Chain Insights Global Summit. The other six courses are being tested by ambassadors.

Supply Chain Planning Software 110

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Supply Chain Planning 110

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 recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014. Which metrics do you think matter to supply chain excellence? ” Supply Chain Leader.

Procurement Analytics 258

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 258

Supply Chain Shaman

DECEMBER 15, 2015

For each metric we show the averages and the percent change from the beginning and end of the period. Metric Performance for Discrete Industries. Tonight I am writing the Supply Chain Metrics That Matter report on the High-Tech Industry, and the Research in Review for 2015. What can we learn? Growth Is Slowing.

Industrial 150

Industrial Industry Inventory Reduction Metrics 150

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. The urgency of response to a disruption of a Category 1 supplier is of course much higher than that of a Category 4 supplier. Nari Viswanathan is currently Sr.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

Supply Chain Shaman

DECEMBER 15, 2015

For each metric was show the averages and the percent change from the beginning and end of the period. Table 1: Metric Performance for Discrete Industries. Tonight, I am writing the Supply Chain Metrics That Matter Report on the High-tech Industry and the Research in Review for 2015. What can we learn? Growth is Slowing.

Industrial 150

Industrial Industry Inventory Reduction Metrics 150

Logistics Viewpoints

NOVEMBER 14, 2022

COVID of course taught companies the need for agility. The Nexus model can also provide the kind of data that digital twins that are based on a static planning model struggle to provide true lead times (and other supply chain throughput/cycle time metrics). But even in more normal times, a supply plan usually can’t be fully executed.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

DynaSys

MARCH 17, 2021

Organizational metrics are important. Financial plans typically focus on metrics like revenue, budget adherence, profitability, working capital requirements, and of course the impact on cash. IBP also aligns the supply chain and operations plans with the corporate financial plan. Support Long-Term Strategy.

S&OP 90

S&OP Supply and Demand Procurement Analytics Forecasting 90

Procurement Academy

OCTOBER 11, 2023

Of course, asking team members to self-identify any gaps in their knowledge can be challenging, but it can also be a helpful part of building an effective training program that meets their needs. Of course, high-quality corporate training programs will result in concrete improvements in team performance.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Training 52

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

Supply Chain Insights

JULY 23, 2017

Use our Metrics That Matter methodology to look at improvement and performance. At each round, employees gain an understanding of the value of supply chain decisions through the sharing on the Supply Chain Metrics That Matter. The Bootcamp Intensive is a two day in-person course with participants from a variety of companies.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 0

Supply Chain Cowboy

MARCH 1, 2015

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Communication.

Vendor Strategies 40

Vendor Strategies Metrics Price Reduction Expense Reduction 40