Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Analyse historical sales data and inventory reports to determine seasonal trends that can help you improve your inventory forecasting accuracy.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Enterra Insights

JANUARY 14, 2019

Retail trends. Omnichannel may not be one of the sexiest digital transformation trends in retail — but it is definitely the most necessary.”[3]. Though this can be done in-store, it is much easier to track customer behavior on the internet because we can analyze more customers and more metrics. ”[3].

Trends 100

Trends Retail Predictive Analytics Software Supply Chain Software 100

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. So I started this book as a summary of this research.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Supply Chain Shaman

JULY 12, 2021

I will miss our spirited debates and sparring matches on market trends. 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.

Modeling 195

Modeling Optimization Modeling Metrics Supply Chain Optimization 195

PINC

AUGUST 3, 2020

and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. The global pandemic has accelerated this trend, and along the way unveiled some major gaps in the world’s supply chains. The problem is that there is no standard definition for OTIF.

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Supply Chain Shaman

FEBRUARY 17, 2014

Definition of Asset. Definition of Trash. While all leaders can agree that they want more assets and less trash, there is confusion about the best metric. Recently, we have been studying the trends on three different measures of asset effectiveness. The more work that I do on metrics, the more I become a fan of ROIC.

Metrics 236

Metrics Food Demand Planning Software Supply and Demand 236

Supply Chain Shaman

JUNE 7, 2021

I did not think that anyone had a clear definition of supply chain excellence. Using new technologies in traditional process definitions reduces the potential for value enablement. Companies want a definitive Return on Investment (ROI), limiting the opportunity to test and learn with new technologies. I disagreed.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

FEBRUARY 5, 2020

As I track the process evolution through research, I find that every three years there was a trend introduced that moved us backward, not forward. The road map for a successful S&OP process is 60% change management, 30% process definition and 10% technology. Clarity of Definitions. My conclusion? Strategy Alignment.

S&OP 316

S&OP Supply and Demand Forecasting Supply Chain Planning Software 316

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

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 257

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 257

Supply Chain Shaman

SEPTEMBER 4, 2017

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. In addition, we enriched the data lake with 20 market indexes on cost, growth and market trends. To be more definitive, we need to finish more analysis. Shifting Trends.

Supply Chain Planning Software 169

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 169

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. We are making a mistake of having companies tasked with a force march to implement the “tightly integrated supply chain” that is inflexible and cannot sense market trends. Many fail.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. Access to data on supplier performance, market trends, and cost analyses enables leaders to optimize procurement strategies for improved efficiency and effectiveness.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Supply Chain Shaman

MARCH 28, 2016

” The journey for value requires a clear definition and analysis of what is possible. The first step in the journey is to analyze balance sheet results and understand industry trends. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Shaman

DECEMBER 10, 2014

In our recent report on defining supply chain visibility in B2B networks, we provide a definition based on a research study of over seventy participants. In our recent work, we continue to try to understand the trends. The term supply chain visibility varies by role. Enjoy the holidays.

Supply Chain Network Software 279

Supply Chain Network Software Pharmaceutical Supply Chain Software Supply and Demand 279

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 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Supply Chain Insights

JANUARY 18, 2018

Consultants and technology leaders are rebranding under a “digital umbrella” without clear definition. Supply chain excellence definitions evolve as companies explore the Art of the Possible. This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. I am often uncomfortable.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Three trends are clear: The industries are not making equal progress. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 254

SCMDOJO

FEBRUARY 20, 2023

Distribution Operations Definition Distribution Operations refers to the management and execution of the processes involved in delivering products or services to end users. To stay competitive in this challenging environment, distributors must stay abreast of new trends, advances, and changes in the supply chain and logistics landscape.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Enterra Insights

JUNE 6, 2023

A second definition is] ‘… the action or process of deciding something or of resolving a question.’ ’ In this definition, one needs to ask him/herself: ‘What should I do under these circumstances?’ .’ This implies there needs to be some human or other cognition, reasoning, trade off and judgment involved. [A

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

ToolsGroup

SEPTEMBER 22, 2020

Supply chain practitioners know trends like product line proliferation, shorter product life cycles, increased complexity, massive amounts of data and ever more demanding and unpredictable customers are accelerating. Add to that the dizzying pace at which new products and trends are promoted and spread online and via social media.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This entails staying well-informed about industry trends, harnessing technology for improved decision-making and transparency, nurturing strong partnerships with service providers, and continuously evaluating and refining procurement strategies to address the evolving complexities of container shipping.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. By integrating the process of managing return logistics with supply chain systems, particularly the transportation management system (TMS), managers can see reverse logistics KPIs and metrics in real-time. Imagine this scenario.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

SYSPRO Smarter ERP

NOVEMBER 3, 2021

This is usually accomplished by using statistical sampling of all incoming materials that can produce charts to show the quality trends over time. can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES).

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

The Logistics & Supply Chain Management Society

MARCH 14, 2023

The time lag, especially in the dynamic environment we have been operating in these last couple of years, from when the transaction or shipment is handled to the time it is collated and thence released may not capture trends quickly enough for some of us to react and respond.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Supply Chain Shaman

JUNE 26, 2017

They are competitive, but there is no standard definition. As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. This year-over-year comparison, enables visualization of performance on two metrics. In addition, they rank last in their ability to drive metrics improvement.

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

ivalua

JUNE 29, 2020

Taking a step back, if we look at the bigger trends taking place in this industry, there are a few of note that may ultimately be a driving factor for improvements within healthcare supply chains: Healthcare spend is highest in the world: The US spends significantly more than most of the world on healthcare per capita. Share on Twitter.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Enterra Insights

MAY 24, 2021

I was surprised to learn there is another definition for the term “change face.” 4] Robinson states, “Nobody has definitive answers, but at least they’re asking.” Business leaders ready to transform a company have to rethink everything: business models, product development, marketing processes, fulfilment, and success metrics.”[5]

Retail 130

Retail Modeling Supply Chain Planning Software Modeling Software 130

Supply Chain Opz

OCTOBER 27, 2013

Metrics used to evaluate these new books are as below, 1) Citation count from Google Scholar 2) Number of reviews found on Amazon.com 3) Editorial Opinion Citation count is a standard way to evaluate any publication. So, customer''s review on Amazon.com (3 stars or more) is also used as a metric.

SCM 246

SCM Procurement Analytics Agile and Lean Supply Chain Chad 246

Supply Chain Shaman

AUGUST 7, 2019

They tend to have many pretty PowerPoint slide decks–full of acronyms, pretty pictures and E2E commitments–but they lack a common definition of supply chain excellence. Build an industry peer group and gain insights on major trends. Ecolab was able to overcome the downward trend. Let’s take an example.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Supply Chain Shaman

JULY 19, 2015

Let’s start with a definition. A common definition is essential. Like the definition of benchmarking at the top of this post, we believe that the use of an industry standard is essential. With the lack of industry standard definition, self-reporting is not very useful. Benchmarking is not Benchmarking.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

Supply Chain Game Changer

NOVEMBER 9, 2022

Follow-up : Instead of taking the backseat, you should have metrics that help you tell the performance of your consultant. The following situations are a definite indication that you should work with a business consultant: 1. You Need To Keep Up With Emerging Trends. When To Work With A Business Consultant.

Resource Reduction 86

Resource Reduction Expense Reduction Price Mitigation Strategies Supply Chain Strategy 86

Logistics Viewpoints

DECEMBER 7, 2021

Most shippers currently face a long list of challenges thanks to some well-known trends. Increasingly, some retailers, e-commerce merchants, and other shippers have broadened their definition of carrier capacity management to include new and effective ways to lessen the carrier capacity crunch.

Capacity 191

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 191

Supply Chain Shaman

MAY 17, 2015

Then it is off to Dallas to speak on Supply Chain Metrics That Matter at the Dallas CSCMP roundtable and complete some more client work. The supply chain is a complex system and these metrics are tightly linked in non-linear relationships. ERP, by definition, does not support planning where uncertainty and volatility is high.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Software 150

LevaData

NOVEMBER 9, 2021

Looking at that traditional “fittest” metric, we would all agree that maximizing liquidity shows good business judgment in times like this. In short, these are the factors that make up the new definition of “fittest.” But we need to redefine what we mean by “fittest.”. What's Most Important?

Agile and Lean Supply Chain 71

Agile and Lean Supply Chain Supply Chain Software Supply Chain Innovation 71

Supply Chain Shaman

JULY 5, 2016

Even though the supply chain today is not dead, it is definitely stuck in neutral and going backwards. P&G’s rate of improvement on the Metrics That Matter was lower than the peer group. Before I begin, let me state that no company is perfect, but here are some general trends. Take a look at Figure 1.

Supply Chain Planning Software 150

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Industrial 150

ToolsGroup

NOVEMBER 27, 2018

According to Ben, who oversees Chainalytics’s Integrated Demand and Supply Planning practice (which includes their Demand Planning Intelligence Consortium), many companies take last year's forecast accuracy metric and simply add a few percentage points to establish the coming year’s goals.

Forecasting 214

Forecasting Forecasting Software Supply and Demand Modeling 214