SCMDOJO

JANUARY 29, 2025

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Waste Reduction Cost Reduction Strategies 98

ivalua

JULY 1, 2025

This blog explains what a successful procurement strategy looks like in 2025, including a working definition, a strategic procurement framework, and the key steps to building one. Instead, focus on metrics such as cost avoidance, on-time delivery rates, or percentage of spend on supplier diversity.

Material Savings 130

Material Savings Sourcing Strategies Cost Reduction Strategies Vendor Strategies 130

ivalua

JULY 1, 2025

This blog explains what a successful procurement strategy looks like in 2025, including a working definition, a strategic procurement framework, and the key steps to building one. Instead, focus on metrics such as cost avoidance, on-time delivery rates, or percentage of spend on supplier diversity.

Material Savings 130

Material Savings Sourcing Strategies Cost Reduction Strategies Vendor Strategies 130

Precoro

MAY 13, 2025

Cost-efficient meaning Formula for cost efficiency Cost-effective definition Formula for cost-effectiveness Cost efficiency online calculator Benefits of cost efficiency for your company Steps to improve cost efficiencies Frequently asked questions about cost efficiency Cost-efficient vs. cost-effective: What's the difference?

Sourcing Strategies 45

Sourcing Strategies Cost Reduction Strategies Purchasing Skills Negotiating Skills 45

Silvon Software

APRIL 16, 2025

Inventory is the lifeblood of any manufacturing business. By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. Tracking inventory flow and performance across your supply chain is a must. Thats where data-driven decision-making comes in!

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

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. Here’s what you can expect: A clear definition of warehouse optimization and its core components.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Logistics Bureau

DECEMBER 22, 2024

Unlike most of the KPIs we recommend, perfect order is a composite of several elementary metrics. Damage-free delivery: This measurement is sometimes incorporated into the in full KPI, but can just also be a stand-alone metric. What about DIFOT?

KPI 74

KPI Agile and Lean Supply Chain Supply Chain Strategy Supply Chain 74

Jaggaer

OCTOBER 24, 2024

Information sharing through supplier collaboration supports effective inventory management and enables you to plan proactively while identifying risks such as shortages and delays. Value chain : Transparency in operations and across multiple supplier tiers gives you visibility into potential gaps in supply continuity.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Supply Chain Planning Software 52

SCMDOJO

JUNE 22, 2025

It directly affects key supply chain performance indicators such as order cycle time, inventory turnover, and fulfillment accuracy. Similarly, layouts that don’t accommodate real-time inventory visibility contribute to stockouts, mispicks, and excess carrying costs. Nonetheless, effective zoning doesn’t stop at function.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Modeling Supply Chain Design Software Supply Chain Optimization 52

ivalua

JUNE 12, 2025

We’ll walk through key benefits, types of spend analysis, steps to get started, and metrics to track—backed by lessons learned from real-world implementations. This blog offers a clear, practical overview of what spend analysis is, how it supports strategic sourcing, and why it matters for both direct and indirect procurement.

Cost Reduction Strategies 130

Cost Reduction Strategies Material Savings Expense Reduction Negotiating Skills 130

IQMS

AUGUST 5, 2022

The United States Environmental Protection Agency ‘s definition is “sustainable manufacturing is the creation of manufactured products through economically-sound processes that minimize negative environmental impacts while conserving energy and natural resources.

Manufacturing Procurement 52

Manufacturing Procurement Sustainability Waste Reduction Manufacturing 52

Precoro

JUNE 3, 2025

Definition: Category management is a systematic way to organize and supervise groups of products or services within a company. Category management definition means looking beyond individual purchases. Businesses often use it in retail and purchasing. The goal is to get the best results from every category.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

IQMS

MARCH 22, 2024

Overcoming the challenges of making company-wide manufacturing operations more customer-driven requires a clear definition of success. Define a common set of metrics and KPIs that can scale across all manufacturing operations and create a useful dashboard. Resist the tendency to add in dozens of metrics and KPIs.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Supply Chain Strategy 52

crisp

OCTOBER 21, 2024

Retail data is a necessary foundation for CPG operations and decision-making, providing suppliers with crucial visibility into real-time retail and inventory movements across thousands of touchpoints. The semantic layer explicitly defines these metrics, establishes their relationships, and encodes necessary underlying business logic.

Procurement Analytics 40

Procurement Analytics Analytics Software Predictive Analytics Analytics 40

Precoro

JUNE 2, 2025

Definition: Financial forecasting is a projection of the company's future financial performance based on historical data, market research, and business needs. In this article, we’ll discuss the finance forecasting definition, its benefits and challenges, and methods that will set your company up for success.

Forecasting 45

Forecasting Forecasting Software Expense Reduction Procurement Solutions 45

Silvon Software

MAY 6, 2025

Packaged Analytics, KPIs & Reports Ready-to-use reports, metrics, and dashboards that accelerate time-to-insight. Standardizes definitions and dimensions Ensure consistent terminology, hierarchies, and business logic across the enterprise. Eliminates data silos Stop getting different answers to the same question.

Prescriptive Analytics Software 89

Prescriptive Analytics Software Analytics Software Predictive Analytics Software Supply Chain Planning Software 89

ShipBob

JULY 14, 2025

Keep a close eye on how these elements affect metrics like bounce rate, time on page, and conversion rate. ShipBob’s 2-Day Express ship option definitely helps this.” Their dashboard gives us visibility to inventory management, which has been excellent.

Purchasing Skills 52

Purchasing Skills Eliminating Excel in Purchasing Optimization Software Real-time Visibility 52

Supply Chain Digest

JUNE 16, 2025

The system definition must be complete prior to the use of bar code. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! Financial performance metrics are valuable as they capture the economic consequences of business decisions. What kinds of decisions must be made?

Supply Chain Design Software 47

Supply Chain Design Software Supply Chain Planning Software Forecasting Software Modeling Software 47

Supply Chain Shaman

JULY 25, 2016

We determine which companies have driven higher levels of improvement (based on Supply Chain Index calculations) and shareholder value (as defined by Price to Tangible Book Value) while outperforming their peer group on growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The Results.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. What Drives Value?

Procurement Analytics 393

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 393

Supply Chain Shaman

MARCH 28, 2016

” The journey for value requires a clear definition and analysis of what is possible. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. 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

Supply Chain Shaman

MARCH 5, 2019

What is an easy definition? There is no class of technologies, or common definition, for “control towers.” The focus is on functional metrics, but are unable to get to overall supply chain metrics. The next time that someone in a meeting mentions the term control tower ask for a definition. Business Use Cases.

Supply Chain Design Software 339

Supply Chain Design Software Prescriptive Analytics Software Real-time Visibility Supply Chain Planning Software 339

Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. There is a clear definition of the role of the supply chain in the delivery of value. Definition and alignment on why should make a decision and what a good decision looks like. Drives Value. S&OP is a business process.

S&OP 390

S&OP Supply and Demand Forecasting Supply Chain Design Software 390

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Let’s Start with Definitions: One of the difficulties in supply chain is the lack of common definitions. What did we find?

Supply Chain Planning Software 377

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 377

Supply Chain Shaman

MAY 13, 2024

How aligned do you believe your organization is to drive these metrics? P&G did not appreciate the work Gilette accomplished on form and function of inventory and using market signals. As a result, the company’s performance at the intersection of margin and inventory turns was circular for the past decade.

S&OP 393

S&OP Supply and Demand Inventory Reduction Expense Reduction 393

Supply Chain Shaman

OCTOBER 11, 2012

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory? I want to believe.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

Supply Chain Shaman

JANUARY 9, 2024

Many believe that an ex-supply chain exec knows the definition of supply chain excellence. An average margin of 21% with inventory turns of 1.58 The industry assumes that since the person led a supply chain that they are clear on the definition of supply chain excellence. Most companies are not clear. The issue is ubiquitous.

Supply Chain Planning Software 386

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 386

Supply Chain Shaman

APRIL 25, 2013

The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. I wanted to better understand which metrics truly mattered. Definitions. The Metrics That Matter Are Different by Industry Sector. I wanted to know more.

Supply Chain Design Software 310

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 310

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). Our goal is to continually redefine the definition of supply chain excellence.

Supply Chain Planning Software 370

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 370

QAD

JUNE 25, 2019

The effective use of a manufacturer’s inventory investment is an important determinant of the company’s success. Excess and obsolete inventory is a drain on resources, as is excessive safety stock. Managing an Inventory Investment. Managing an Inventory Investment. Using Metrics to Measure the Health of the Business.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

Supply Chain Shaman

JANUARY 7, 2015

1) Get Clear on the Definition of Supply Chain Excellence. While Joe is trying to balance the feedback from Filipe and Frank, he is often asked to change his metric targets by his CFO named Lou. Lou’s definition is based on his experience at General Electric. Achieving Balance in Metrics. I have three.

Metrics 150

Metrics Agile and Lean Supply Chain Manufacturing Procurement Modeling 150

Supply Chain Shaman

MARCH 19, 2014

It permeates corporate strategy, but it lacks definition. Instead, what I observed when I looked at the data, was that most companies that I had worked with (in my role as an industry analyst, I had worked with over 300) were going backwards on margin and inventory turns. I find it refreshing.” “Ugh,” I said.

Gartner 382

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 382

Supply Chain Shaman

MARCH 21, 2024

We explore the concept of holistic inventory strategies focused on the form and function of inventory. In the process, we learn that only 15-20% of inventories are safety stock and that the current APS frameworks do not enable a holistic analysis of the form and function of inventory. Lack of aligned metrics.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

Supply Chain Shaman

DECEMBER 23, 2014

Get Good at Having a Real-time Perpetual Inventory Signal. Foundational for ecommerce is a real-time perpetual inventory (PI) signal. If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. No matter where inventory is, put it to work. Don’t fool yourself.

Packaging 332

Packaging Inventory Reduction Supply Chain Design Software San Francisco 332

Supply Chain Shaman

NOVEMBER 21, 2023

Pawn Definition: “A chess piece of the smallest size and value. In the early 1980s, As a result, we did not have a perpetual inventory signal. Without a perpetual inventory signal, we were never synchronized on where to place customer orders. As a result, inventories ballooned after the DRP implementation.

Supply Chain Planning Software 406

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 406

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. He felt that inventory was no problem, he would just cut it at the end of each quarter to make the balance sheet goals. The So What?

Agile and Lean Supply Chain 362

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 362

Supply Chain Shaman

JULY 22, 2019

Companies with traditional definitions of marketing and sales struggle to beat the competition. A clear definition of purpose and alignment of business process to corporate strategy is an apparent characteristic of companies that outperform. They lack of a standard definition for supply chain excellence adds to the confusion.

Supply Chain Design Software 304

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 304