Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

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:

Why I No Longer Believe in the Gartner Supply Chain Top 25

Supply Chain Shaman

The AMR Top 25 was the first methodology that tried to connect financial metrics with supply chain excellence. It elevated the discussion on supply chain excellence and drove more discipline and rigor in the use of financial metrics.

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Can Blockchain Fix the Opioid Epidemic? Intel Wants to Find Out

Supply Chain Brain

The chipmaker, working with health companies, aims to use so-called blockchain technology — similar to the one that underpins the digital currency Bitcoin — to better trace drugs and potentially stem the epidemic. Global Supply Chain Management Quality & Metrics Regulation and Compliance Supply Chain Security & Risk Mgmt. Now Intel Corp. and the pharmaceutical industry are planning to fight fire with fire.

Amplify Your Supply Chain While Capitalizing on your IT Infrastructure

Logility

Our biggest headaches were very basic – we couldn’t easily switch between metric and imperial measures, and currency conversions were a nightmare. Ampacet Corporation is the world’s leading manufacturer of the pelletized pigments that add colors to plastics.

7 Avoidable Data Errors in Your Supply Chain Data

Kinaxis

Currency. You’ll need currency conversions at sales points, but you’ll also benefit from accurate currency conversions at your assessment and planning levels. For example, tracking revenue in each location’s currency helps you to assess those values within that market context.

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Introducing a Cryptocurrency for the Food Supply Chain

Supply Chain Brain

But Trace , as it’s been dubbed, won’t function as a general currency and means of payment in the manner of Bitcoin or Ether. Quality & Metrics All Technology Supply Chain Visibility SC Finance & Revenue Mgmt. This time, it’s designed for the food supply chain, with an emphasis on achieving transparency and security between partners. The creator of the “token” is OriginTrail , a Slovenian I.T. company specializing in traceability and quality-control systems.

Food 40

Taking the Hill

Supply Chain Shaman

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Financial ratios allow us to analyze performance across the peer group (large against small companies) and across currencies. Aligning metrics matters.

Avoid “Lost in Translation”. Monetize S&OP to Include Finance.

ToolsGroup

To achieve Stage 5, S&OP must be “a fully integrated business planning forum… (where) metrics are value-based and aligned across the network and enterprise to support the required trade-offs.”. Finance speaks a different language than supply chain.

S&OP 106

Comparing the Most Popular Crypto Exchanges!

Supply Chain Game Changer

You can’t really rank crypto exchanges unless you’re ranking by very specific metrics. Others accept more currencies, others make more trades, while others have a more user-friendly interface. Cryptocurrencies Beyond Bitcoin!

Our Latest ‘Pro to Know’ Shares Supply Chain Insights

Kinaxis

Some of the primary challenges supply chains will face are increased complexity, lack of visibility into key metrics, and the growing need for segmentation. Metrics Visibility: Going hand in hand with increasing complexity is the need to properly manage and monitor key performance metrics.

Supply Chain Planning in Emerging Markets: Four Points to Remember

ToolsGroup

Long lead times for imported products, wild currency fluctuations and demand spikes caused by government contract tenders all conspire to make planning difficult …. Supply chain planning in emerging markets is different.

Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Data is the new currency of business. After all, even the best and most reliable data points and metrics are meaningless unless they are somehow leveraged in decision-making. Learn how to organize your data operations in alignment with supply chain strategy.

Data 170

What Today's Market Tumble Means for Your Supply Chain

Elementum

Copper, generally considered a good metric for the health of the global economy, is doing poorly. Other developing economies are expected to devalue their currency, meaning that the dollar will strengthen. Consider your existing production locations and the changes in pricing, and whether it would make sense to shift your production towards devalued currencies. Currency devaluation allows manufacturers to tap into deeper markets.

China 101

5 Hot Topics in Home Delivery this Season

Talking Logistics

Blending Traditional + Customer-focused Metrics. Leading retailers are starting to combine traditional delivery metrics (e.g., on-time, complete, miles per delivery, deliveries per route) with some form of consumer-focused metrics such as Net Promoter Score. When analyzing actual metrics in the study for all day vs. 2 hour and 4 hour time windows, there was not a substantial drop in delivery reliability when these options were offered.

What is S&OP? By Accenture Strategy Guest Blogger

Kinaxis

Metrics and Dashboard Reviews. One organization that did this well was a global consumer electronics company that operated across many competitive marketplaces and faced fluctuating currencies and foreign exchange rates. by Steven J.

S&OP 148

At the Starting Line: New Year’s Resolutions for Supply Chain and Logistics Executives

Talking Logistics

Natural disasters, product shortages due to quality issues, the impact of currency rates on product costs and demand, and disruptions caused by IT service failures or security breaches are just a few examples of the risks supply chain executives face every day. Happy New Year!

Understanding the Cost of Service

Blue Ridge

For example, in some locations it’s best to classify item/locations using units & currency. The following metrics add context along with the cost of service to help Julian select the service goal rules that are best for his business: The annual demand in both units and currency.

How Do You Measure “Free Time” Across Your Global Supply Chain?

Talking Logistics

This is where metrics can get a little fuzzy. However, the reality was that the 4% metric was misleading. While we all think that we measure time in the same way, that can change inside a complex global supply chain.

Global 102

The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Embracing sustainability as a goal and metric that you scorecard suppliers on is a good place to start to get ready for this trend that will become a staple in how successful companies do business.

How Procurement Can Add Value To Supplier Master Data Management

ivalua

Currency and country exposure — Decreases financial risks by accurately tying projected spend to the correct currency to facilitate hedging strategies. Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement.

5 New Year’s Resolutions for Supply Chain & Logistics Executives

Talking Logistics

Natural disasters like the Japan earthquake, product shortages due to quality issues, the impact of currency rates on product costs and demand, and disruptions caused by IT service failures or security breaches are just a few examples of the risks supply chain executives face every day. You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet.

Yoda’s Advice for the Supply Chain Padawan

Kinaxis

It could be as small as moving the needle on just one of your key metrics, or as large as connecting all the nodes of your value chain to achieve true end-to-end visibility. Mapping all that data, including number changes, currency exchanges, unit of measure conversions, etc.,

Summary of Development and Manufacture Contracts in the Aerospace and Defense Industries

NC State SCRC

Foreign currency and commodity price fluctuations [7]. The contract may also include metrics and resulting consequences (late fees, etc.). Risk: Foreign currency and commodity price fluctuations [7].

Top 8 software every FMCG company should invest in

Abivin

Pricing: Starting from $9.99/month per user Features: View key metrics anytime, anywhere.Create and publish content packs to a team or the entire organization comprising of dashboards, reports, and datasets. FMCG is a versatile and rapidly changing industry.

How To Ensure Best Practice Use Of Your Business Intelligence Dashboards

Unleashed

This dashboard collects key financial health indicators from marketing activities and displays financial metrics to provide senior management and investors with performance results to help them determine future marketing spend. This dashboard can deliver sales metrics including costs, revenue, profits and incremental sales. Effective BI dashboard templates serve up a wealth of manufacturing metrics to help improve processes and eliminate inefficiencies.

Will Arrogance Stunt your Growth?

Supply Chain Shaman

Which supply chain metrics correlate to market capitalization by Morningstar sector? Note that the ratios are better than absolute numbers because it helps in the comparison of large and small companies and performance across currencies.) It happened on Thursday morning last week. It will probably happen again on Tuesday. And, again on Wednesday. I am driving on a campaign to change thinking. It is hard to change a mindset.

A Digital Value Network Needs an Accelerated “3-D” Cycle (powered by Incorta)

Supply Chain Action Blog

However, orchestrating the value network where goods, information and currency pulse freely, fast, and securely between facilities, organizations, and even consumers, following the path of least resistance (aka the digital value network ), may prove to be even more complex than driving a vehicle.

Supply Chains Need to Transform: Into What?

Enterra Insights

What is much easier to measure is cost — so that’s what drives the metrics and incentives.”[1] He writes, “The common currency that all departments can collaborate around is data — data about stock and data about the customer.”[2] I read a lot of articles about the need for supply chain transformation.

Ava Ex Machina and the Retail Supply Chain

Supply Chain Action Blog

However, orchestrating the value network where goods, information and currency pulse between facilities and organizations, following the path of least resistance, may prove to be even more complex than driving a vehicle. There is a lot of buzz about the “autonomous” supply chain these days.

Digital Orchestration of Your Supply Chain Requires “3-D” Orchestration

Supply Chain Action Blog

However, orchestrating the value network where goods, information and currency pulse freely, fast, and securely between facilities, organizations, and even consumers, following the path of least resistance (aka the digital supply chain ), may prove to be even more complex than driving a vehicle.

Beyond Spend Analytics: Supplier Life Cycle Data

Supply Chain View from the Field

And an active supplier will also start sending you things – but are they doing it on time, and what are the metrics with the delivery of the contracted product or service. We recently had a senior data analytics professional from a large financial services organization speak in my MBA Supply Chain relationships class. The scope of the datasets his team was working on was limited to supply management, but the sheer volume of data was staggering in its complexity and fragmentation.

Is Blockchain a Dirty Word?

QAD

“It” being the Metric system. . Sure, just like when Facebook announced they were going to create a currency. They have over a billion users that ostensibly agree to their construct and messaging, so why not be the deliverer of the currency? .

“Collaboration” is becoming a bad word…in some circles

NC State SCRC

Jeff Ng from Steelcase put it very well: “Trust is the currency of collaboration, in that it requires individuals to demonstrate that there is a visible effort to listen, understand, and be inclusive. This ensures that all parties are “speaking the same language” and are using comparable metrics and plans. The concept of “Collaboration” has been getting a lot of grief lately.

Approaching Cross Border eCommerce

Vinculum

Currencies – Consumers prefer to pay in local currencies and often withdraw from paying if the price is displayed in foreign currency. Set a realistic target and success metrics.

Is Blockchain a Dirty Word?

QAD

“It” being the Metric system. . Sure, just like when Facebook announced they were going to create a currency. They have over a billion users that ostensibly agree to their construct and messaging, so why not be the deliverer of the currency? .