Supply Chain Shaman
JANUARY 2, 2024
I questioned in this time of uncertainty if supply chain leaders will value data-driven content. We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. We speak of data latency, but do not measure the impact on performance. It is just accepted.
Supply Chain Shaman
OCTOBER 5, 2018
The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.
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Supply Chain Shaman
JULY 30, 2022
However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. Why have we not improved our use of channel data in supply chain processes?” My question is, “Why?”
ivalua
SEPTEMBER 22, 2022
Build a Solid Data Foundation. The success of any transparency strategy relies heavily on building a solid data foundation, particularly when it comes to suppliers. Data will almost certainly come from a variety of sources – the supplier, employees and a range of 3rd party sources. Ensure 360-Degree Supplier Visibility.
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Supply Chain Shaman
JUNE 29, 2021
Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). In the past study, of 600 companies studied, 4% make a list. It seems easy, right?
Supply Chain Shaman
DECEMBER 15, 2022
But, I want to understand this more, and as a result, I have a new study in the field to gain additional insights, and I would love your input. To entice you to participate let’s look at the data more closely. In 2012, I placed the first alignment study in the field. Functional Metrics. To respond, follow this link.
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Multiple industry studies confirm that regardless of industry, revenue, or company size, poor data quality is an epidemic for marketing teams. As frustrating as contact and account data management is, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information.
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