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Supply Chain Metrics: Make Sure They Are Aligned with Your Strategy!

Supply Chain View from the Field

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

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American Software Reports Third Quarterof Fiscal Year 2022 Results

Logility

and Demand Management, Inc., This marks Logility’s seventeenth year and Demand Management’s thirteenth year of recognition. During the quarter, Demand Management announced a strategic partnership with Royal Cyber, a leading IT consultancy and solutions provider. Demand Management, Inc.

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A River Runs Through It…

Supply Chain Shaman

It is the river of “demand.” On an ongoing basis I view supply chain strategy documents. While most companies attempt to shape demand–through promotions, new product launch, pricing, sales incentives and marketing–they confuse demand shaping with demand shifting. What is it?

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Beyond Spend Analytics: Supplier Life Cycle Data

Supply Chain View from the Field

Then the evaluation of the supplier must be documented, and linked presumably to a category strategy (although not in all cases…). 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.

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Can Improving Forecast Accuracy Address Our Demand Planning Woes?

Logistics Viewpoints

They document many reasons why this is the case, from observable human biases we readily discount to incentive misalignment to “algorithm aversion.”. And document the actual impact of judgment using a forecast valued-added process in order to make clear when it adds value and when it does not. A forecast is an input, not a decision.

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Reduce Lead Time in Your Global Supply Chain with Lean Thinking

Material Handling & Logistics

Many companies try to overcome this problem using ERP systems, demand management tools and other advanced software. The future state map will also define improvement metrics and set clear improvement targets for those metrics. Supply Chain Software is Not the Solution. What Kind of Improvements Reduce the Lead Time?

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Warehouse Management: Systems, Processes, & Strategies

Unleashed

It involves tasks like enhancing warehouse layouts, arranging inventory within the warehouse, managing personnel and equipment, and ensuring efficient order picking and packing. Inventory management Inventory management encompasses all activities related to tracking, controlling, and optimising inventory levels within the warehouse.