Walmart OTIF Metrics

SupplyPike

We’ve discussed the basics of OTIF and the fundamentals of OTIF before, but we thought we’d drill down deeper into the individual metrics. First, we’ll start by reviewing the basic goals of OTIF, and then we’ll dive into each metric and the compliance issues of each metric. We are only covering Supplier Accountability OTIF metrics. This Pro date represents when shipping documentation is processed and may be days after the actual goods arrive.

Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

Cerasis

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. The Fill Rate is a complex metric that considers the average window of delivery, percent of on-time delivery and accuracy of delivery for all products coming into your warehouse from vendors. Other Critical OmniChannel Supply Chain Metrics to Track.

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Supply Chain Dashboards – Key Metrics For Manufacturers

Silvon Software

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Supply chain metrics and key performance indicators (KPIs) are sometimes a bit tougher to compile than sales metrics. The Perfect Order Rate metric is one we’ve seen Gartner and others talk about quite a bit.

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. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

5 Quality Metrics Predicting The Future Of Manufacturing

IQMS

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. The future of manufacturing is being written today across the millions of shop floors which have chosen to excel at analytics, metrics and Manufacturing Intelligence. Quality Metrics Defining the Future of Manufacturing.

Metrics that Matter: Quality Management

QAD

Using Metrics to Measure Quality. Business Process Documentation. Unless processes are fully and accurately documented, employees may not understand their roles. Documentation is also a requirement for most industry and government certifications, so it is beneficial to ensure that processes are documented. Document processes electronically. Choosing Metrics. The post Metrics that Matter: Quality Management appeared first on QAD Blog.

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. Rather then selecting a plethora of meaningless metrics, it is always better to focus on a critical few, and select them wisely. Step 2 – Develop Metrics and Data Sources.

A Critical Fulfillment Metric: The Perfect Order

Logistics Viewpoints

The perfect order metric (POM) is one of the most critical metrics in fulfillment. The Warehouse Education and Research Council’s (WERC) definition of the perfect order metric is that a perfect order is delivered: Complete; On time; Damage free; And, with the correct documentation and invoicing.

Don’t Perpetuate the Hoax of the Gartner Top 25

Supply Chain Shaman

Every year we identify the companies that best exemplify the demand-driven ideal for today’s supply chain and document their best practices, which can help all companies move closer to their demand-driven goals.” Supply chain leaders manage a complex system of non-linear, but very inter-connected metrics. Leaders need to balance a portfolio of metrics. Year-over-year Improvement at the Intersections of the Metrics.

The 7 Habits of Highly Effective 3PLs

The Logistics of Logistics

During the post Implementation phase, a top notch 3PL will provide communication on the following: shipment management, documentation, rolling out new initiatives, new services and ongoing training. A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors.

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Supply Chain is not Only About the Money

DynaSys

In other words, these are projects with benefits that are not visible in short-term financial metrics, but extremely important from a long-term perspective. We gathered a comprehensive set of documents for the customs broker. Indeed, financially-oriented metrics do not show everything that is important. Commonly, effective supply chains are defined as having the right product, at the right time, at the right place, in the right quantities, and of the right quality.

Cleanroom Manufacturing Strategies That Pay

IQMS

They’re doing this by integrating Supplier Quality Management (SQM), Document Control, Training, Production Scheduling, regulatory compliance, and product returns to gain a 360-degree view of product and process quality. They’re also finding that audits surface new metrics and key performance indicators (KPIs) that provide insights into a new are of process improvement and manufacturing quality in cleanrooms.

WMS and Cycle Counting: How to Reach Inventory Management KPIs

Veridian Solutions

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. ” Skilled cycle counting refers to reducing instances of documenting discrepancies, following up on issues that led to inaccurate cycle counts, enabling process improvement, and taking corrective actions to minimize the inaccuracies in the future. As a result, Warehouse Managers may need to integrate picker performance metrics with this KPI. Metrics and KPIs Warehouse Management

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Overcoming Production Challenges With a Manufacturing Execution System (MES)

IQMS

Overcoming the many challenges of keeping gauge calibration and integration up to date and in compliance, achieve real-time Statistical Process Control (SPC), Document Control, and achieve consistent Inspection Setup across all shop floors are additional challenges MES helps manufacturers overcome.

The Best LTL KPI for Measuring Freight Damage

The Logistics of Logistics

Damaged packaging, small scratches, and loose pieces are all upsetting to the receiver and the end customer so they should be documented and measured, even if there isn’t a freight claim filed. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. The best LTL KPI for measuring damaged shipments is simply the percentage of damage free shipments delivered.

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LTL Carrier Scorecard with Key Process Indicators (KPIs)

The Logistics of Logistics

Key Process Indicators vs. Metrics. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). A key process indicator (KPI) is a metric that you have chosen that will give an indication of your performance and can be used as a driver for improvement. This means that while all KPIs are metrics, not all metrics are KPIs. Only the most important metrics can grow up to become KPIs.

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Ensuring Workers’ Rights in Global Supply Chains

Supply Chain Brain

Too often, however, those documents fail to prevent unacceptable working conditions. Regulation and Compliance Quality & Metrics All Technology Supply Chain Visibility Sourcing/Procurement/SRMJust about every major manufacturer has a supplier code of conduct to ensure that workers are treated humanely. In a typical global supply chain, involving multiple tiers of production, the chances of failure are alarmingly high.

A.I. for Compliance: An ‘Artificial’ Answer to a Very Real Problem

Supply Chain Brain

Businesses are spending millions on audits, undergoing endless testing, interviewing, document collection and system reviews, only to trip up time and again. Regulation and Compliance SC Analysis & Consulting HR & Labor Management Global Supply Chain Management Business Strategy Alignment Quality & Metrics All Technology Big Data/IOTBusinesses today are getting caught out for any number of violations relating to regulation, safety, security and immoral behavior.

Is Your Supply Chain Ready for Social Media-Fueled Demand Volatility?

ToolsGroup

Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence. as part of a larger research document and should be evaluated in the context of the entire document.

10 Greatest Purchasing Books Ever Written

Supply Chain Opz

Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation. After that, we collect various metrics of each purchasing book as below, - Citation counts: a basic bibliometric method showing how many times a book is cited by other publications. Of course, this metric will not be used in isolation. What are the essential purchasing books you should read?

What can the SCOR model do for my supply chain?

The Network Effect

It is a normalization based on a well-defined taxonomy where major functional areas are disaggregated and attributes related to those functions are further broken down into strategic and operating metrics. Components of perfect include all items and quantities on-time, using the customer’s definition of on-time, complete documentation and in the right condition. The Supply Chain Operations Reference model (“SCOR”) can be useful for measurement and benchmarking purposes.

Guest Blog Part 2: Start Your eKanban Implementation with Value-stream Mapping and Engaging Your Suppliers

synchrono

For an eKanban project, this would involve documenting the flow of the current, manual Kanban process. (If Next, document the process for the future state – using an eKanban system – and note the gaps. Beyond the pilot program, it’s time to start measuring progress toward what you set out to accomplish – and the metrics that will influence those outcomes. Metrics typically associated with eKanban projects include: Inventory turns/Inventory cost. by Jim Shore.

Performance Measurement Systems in the Era of Turbulence

SCM Research

If you do not have access to the article, the accepted author manuscript can be downloaded for free at Copenhagen Business School’s Research@CBS platform (click on the document in the green box there). Our new article, titled Accounting for External Turbulence of Logistics Organizations via Performance Measurement Systems (Supply Chain Management: An International Journal, Vol. 21, No. 6), is out now.

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Actionable Insights: Customer Support

QAD

QAD Action Centers provide analytics to help both managers and users monitor metrics and KPIs. It may also mean that customers were able to resolve issues on their own, which is good, but since they raised an issue in the first place, this could point to needed changes in user manuals and documentation. Which KPIs and metrics are most important to your organization?

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5 Steps to Supply Chain Orchestration Success

OneSCM

Opening up the relationship and sharing information and metrics across all critical departments gives trading partners insight and allows them to understand where they can best improve the quality of their products and services. Be sure the supply chain “management” portal enables and encourages all stakeholders to document their actions and communicate with one another in real time, in one place, online.

9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

Cerasis

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. After the SLA/KPI is an approved document by both the customer and logistics provider, this document and its contents need to be reviewed monthly to begin with, and quarterly thereafter. All KPIS have metrics to measure.

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Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

The focus is on functional metrics, but are unable to get to overall supply chain metrics. Pictures, images, text, email, sentiment, contracts, documents are all areas of opportunity. We finished dinner. I pressed my neatly folded napkin to my lips. As we waited for coffee, silence hung heavy in the air. My client writhed in her seat and hung her head as she asked, “I read your article on control towers, but I am confused. What is an easy definition?

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How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

All activities are documented by a team recorder. It typically describes how a process should consistently be executed and documents current ‘best practices.’ These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Specific metrics: process metrics and outcome metrics.

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Lean Logistics

LeanCor

Most companies typically use metrics such as cost, quality, and delivery to track progress and assess improvements. If PDCA is in place, problems will be solved before they escalate or show up in output metrics. Developing A3 documents will create the project-management discipline required for sustained waste elimination. Development of a desk-aide (or template) for ensuring that the PDCA is a visible, living policy document for staff.

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7 Easy Steps to Create an Inbound Vendor Routing Guide

Cerasis

A defined set of rules should serve as the “checkpoint” in this part of the document, ranging from marking and labeling to back-order processing. Such rules provide an incentive for vendors to adhere, and at your discretion, consider implementing a reward system for vendors that meet reliable standards for metrics, such as on-time delivery and appropriate fill rates. This allows you to require vendors to sign in and acknowledge having read the document before using it.

Kinaxis Positioned in the Leaders Quadrant of Gartner’s Magic Quadrant for Sales and Operations Planning Systems of Differentiation

Kinaxis

as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available here. Managing S&OP from a single application enables companies to make better tradeoffs across competing metrics quickly and to make value-based decisions for the enterprise as a team – both at the time of plan development or when the S&OP guidance is violated due to unplanned events. by Lori Smith.

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How to Make the Most of Your Supply Chain Software

OneSCM

These messages can be Purchase Orders, PO Acknowledgements, Advanced Shipment Notifications, Invoices, Credit Memos, Sales Orders or any other type of document traded within the supply chain that are communicated through HTTP/S, FTP, or our Integration Framework. ” As we’ve seen in other reports, on time delivery from suppliers is one of the most important metrics observed by executives today. How to Make the Most of Your Supply Chain Software.

Getting that “Swing” in Supply Chain Management

Talking Logistics

How do you successfully align goals, metrics, and resources across functional groups? The answer is well documented and proven: you need a strategic planning and management system, such as the balanced scorecard , that aligns “business activities to the vision and strategy of the organization, improves internal and external communications, and monitors organization performance against strategic goals.”. Which metrics are the right ones?

4 Reasons to Integrate Order-to-Cash & Procure-to-Pay

OneSCM

For example: how much would more timely document submissions and responses (PO/POACK, ASN, Invoice, etc.) It becomes more difficult to build a partnership with suppliers because the relationship is based on a narrowed scope of performance metrics. As a result, some important metrics may become over- or under-represented, and valuable input and requirements could end up on the sidelines.

7 Supply Chain Lessons from Lenovo

Supply Chain Opz

3) Clarify Corporate Culture: they believe corporate culture should be something actionable, not just a vague documentation. These high-level metrics are monitored and controlled by a cross-functional team. Lenovo has been consistently ranked on the list of supply chain top 25 by research and advisory firm Gartner Inc for more than 4 years in a row.