Supply Chain Shaman

JULY 21, 2022

The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. Northrup Grumman, PACCAR Inc, ResMed, Ross Stores, Sleep Number, Subaru, Toro, and Taiwan Semiconductor Manufacturing (TSMC) Company.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

GlobalTranz

JUNE 4, 2015

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. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

MAY 1, 2023

The techniques to improve agility are improving data transparency/insights, use of attribute-based planning, design of push-pull decoupling points, pooling of inventory, and configure-to-order/make-to-order manufacturing. Educate on the importance of designing flows and aligning metrics. Low Volume but Predictable Items.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

OptiProERP

AUGUST 19, 2022

Throughput is the time it takes for a product to pass through manufacturing processes on a machine-by-machine basis for a defined period. Throughput is an essential KPI , and a lean metric, as it evaluates performance. It is key to understanding how your manufacturing team is doing. How Can You Increase Throughput?

Manufacturing 52

Manufacturing Resource Reduction Waste Reduction Expense Reduction 52

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. These results herald upcoming issues for future manufacturing reporting earnings calls.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

IQMS

JULY 24, 2019

With a focus on business process improvement, our consultants are regularly out in the field guiding manufacturers and distributors that are challenged with managing the complexity of their operations. Once the metrics are defined and understood, the next step is determining where in the process they are relevant. Real-World Success.

Real-time Visibility 71

Real-time Visibility Optimization Software Supply Chain Planning Software Supply Chain Network Software 71

Kinaxis

DECEMBER 12, 2014

by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Reason #7 Making decisions based on bad data (supply chain data accuracy).

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Planning Training Price Mitigation Strategies 240

Logility

MAY 18, 2020

That could be a B2B marketing firm using predictive lead scoring to generate better leads, or a manufacturing company?using Retailers use purchasing behaviors to understand which customers are likely to come back into the store or make an online purchase, while manufacturers can use modeling to understand when machines will need repairs.

Predictive Analytics 228

Predictive Analytics Analytics Software Predictive Analytics Software Procurement Analytics 228

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Continually use simulation and inventory optimization techiques to educate your financial teams. In times of uncertainty, cash is king. Push to stop this behavior.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

SYSPRO Smarter ERP

NOVEMBER 2, 2023

Manufacturers who want to implement QM, or improve it, need to be aware of what steps they need to take so that QM efforts are successful. Appropriate metrics: what metrics will be used to demonstrate how the QM project is achieving its goals? Metrics There are several well-established metrics that the QM team can use.

Quality 106

Quality Manufacturing Metrics Analytics Software 106

SYSPRO Smarter ERP

MAY 29, 2023

Key metrics that will indicate if marshalling is needed relate to picking and shipping. With an integrated warehouse management system, metrics can help to show if marshalling is causing a bottleneck in terms of dispatch. However, when warehouse operations grow beyond a certain point, marshalling will be needed.

Warehousing 98

Warehousing Material Savings Expense Reduction Cost Reduction Strategies 98

The Logistics of Logistics

NOVEMBER 5, 2021

Steve works closely with leading manufacturers, retailers, logistics service providers, and technology firms. Founder, The Ride Share Guy An expert in ridesharing, Harry educates drivers that work for companies such as Lyft and Uber, by providing news, insight and advice. Harry Campbell. Chris Caplice. Cassandra Gaines. MadGainesLive.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

DELMIA Quintiq

SEPTEMBER 15, 2020

This is Part 2 of a 2-part series on how manufacturing plants operate during the coronavirus pandemic. In the second part of the series, discover more as manufacturing plants operate during the coronavirus pandemic, many efforts focus on stopping the spread of the virus and keeping people from getting infected at work.

Manufacturing 245

Manufacturing How To Internet of things Training 245

GlobalTranz

DECEMBER 11, 2018

The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage. Download E-Book. Download E-Book.

Logistics Network Optimization Software 137

Logistics Network Optimization Software Innovation Real Estate Resource Reduction 137

SYSPRO Smarter ERP

NOVEMBER 22, 2021

At this point you should also start educating stakeholders within your business on how it will be used and how it will impact their workflows. In a 2020 SYSPRO survey it showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Analytics Software Vendor Strategies 111

Supply Chain Matters

JULY 12, 2023

The following is a continuation of a supply chain technology thought leadership education series developed in collaboration with Replan. Such an environment requires manufacturing and supply chain processes to be able to more proactively sense, pivot and respond to constant or rapidly changing market conditions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Predictive Analytics Software 52

QAD

JULY 28, 2022

While building an EV requires a significantly smaller manufacturing footprint than what an ICE vehicle requires, many EV manufacturers lack the business systems and connections to support their production. Episode #10: Maps & Metrics. ” Episode #7: Reflections of the Auto Supply Chain Prophets.

Agile and Lean Supply Chain 96

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 96

Supply Chain Matters

APRIL 28, 2023

The following is a continuation of a supply chain technology thought leadership education series developed in collaboration with Replan. Such an environment requires manufacturing and supply chain processes to be able to more proactively sense, pivot and respond to market changes.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Enterra Insights

AUGUST 18, 2021

He observes, “The good news is that, given our research suggests a lack of understanding rather than a complete lack of interest, the industry redoubling its efforts to educate and inform manufacturers should be able to turn this situation around. It’s now up to IoT providers to ensure that manufacturers don’t get left behind.”[1]

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

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. The demand latency for a semiconductor manufacturer is 180-220 days, while a chemical manufacturer has a latency of 150-280 days.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Shaman

MAY 22, 2013

The AMR Top 25 was the first methodology that tried to connect financial metrics with supply chain excellence. It elevated the discussion on supply chain excellence and drove more discipline and rigor in the use of financial metrics. See how different the progress is on this metric by industry? The intent was good.

Gartner 250

Gartner Pharmaceutical Supply Chain Chemicals 250

Locus

NOVEMBER 28, 2023

Returns, in the context of logistics, is the process of moving goods from their final destination back to the manufacturer or point of origin for multiple reasons. It is vital that shippers optimize the below metric to success in their overall growth. What are Returns in logistics?

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

GlobalTranz

JULY 1, 2015

Two weeks ago the Bureau of Labor Statistics handed down some pretty dismal news for American manufacturing—news that was largely overshadowed by the façade of job growth numbers. Yes, American manufacturing is adding jobs. And that’s very dangerous, especially because that decline extends to the manufacturing sector.

Manufacturing 120

Manufacturing Metrics St. Louis United States 120

E2open

OCTOBER 10, 2022

The report covers data and metrics for e2open’s 2022 fiscal year (FY22), March 1, 2021, through February 28, 2022, unless otherwise noted. In India, e2open contributes 2% of net profits to local charities, which include assistance for those with disabilities, support of education, and providing food and water to those in need.

Supply Chain Network Software 78

Supply Chain Network Software Logistics Network Optimization Software Government Optimization Software 78

GlobalTranz

DECEMBER 29, 2014

We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. Any process or management after the sale of the product involves reverse logistics.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Supply Chain Shaman

MARCH 9, 2020

As companies outsourced—greater dependency on third parties for manufacturing and transportation—and asset utilization grew from 10% to 35% ROIC the management of the supply chain became more complex. In the supply chain, there are potential buffers—excess capacity in manufacturing work centers and inventory.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Logistics Viewpoints

NOVEMBER 21, 2022

294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. This is designed to educate their value chain partners about their renewable electricity choices and quicken the transition to renewable electricity through aggregate power purchase agreements (PPAs).

Supply Chain Design Software 188

Supply Chain Design Software Purchasing Skills North America Resource Reduction 188

Logility

DECEMBER 2, 2020

The topic of sustainability and being eco-friendly is discussed in K-12 education on a regular basis. Is it enough to be eco-friendly in some processes, like transportation or manufacturing, to qualify your company as being Green? have a much different focus on what it means to be eco-friendly. So how does one build one?

Supply Chain Planning Software 133

Supply Chain Planning Software Sourcing Strategies Supply Chain Planning Scenario Planning 133

Logility

JUNE 2, 2023

Yet, despite its significance, demand forecasting continues to be a thorny issue for many businesses, particularly manufacturers. Forecast Value Add (FVA) FVA is a potent metric measuring whether the forecasting process adds value by improving accuracy. Why is Demand Forecasting Accuracy Important?

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

SCMDOJO

JULY 24, 2023

It boasts excellent infrastructure, including well-connected harbors, well-educated people, and multilingual capabilities, making it an international logistics hotspot. Suppliers and Manufacturers: Suppliers and manufacturers are the entities that produce or provide the goods needed by the shippers.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Enterra Insights

MAY 10, 2019

” He adds, “It’s clear that so-called ‘non-cognitive’ or ‘soft skills’ are really important but it’s also clear, according to new school guru Andy Calkins that ‘On every metric that counts — clarity, accuracy, purposefulness, and impact — both of these terms stink.’” Footnotes. [1] 2] Charles A.

Buyer Training 100

Buyer Training Education Demand Planning Software Journal 100

Supply Chain Shaman

MAY 7, 2015

The company that plays to win does not strive to have the best manufacturing costs, or the best procurement practices; instead, the team focuses on winning together cross-functionally on a commonly held portfolio of metrics. It requires education of the organization and a strong leader that can orchestrate functional targets.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 150

Kinaxis

NOVEMBER 26, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Some companies prevent access to data to prevent trade secrets (or in the case of US military manufacturers ITAR regulations prevent foreign nationals from accessing manufacturing data).

Supply Chain Planning Software 256

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 256

QAD

FEBRUARY 26, 2019

Manufacturing in Belgium. Typical manufacturing products made in Belgium include engineering and metal products, automobile assemblies, transportation equipment, scientific and precision instruments, chemicals, pharmaceuticals, textiles, glass, petroleum and food and beverages. Manufacturing accounts for about 22 percent of the GDP.

Belgium 66

Belgium Manufacturing Procurement Netherlands France 66

Elementum

MAY 17, 2018

It involves universities and corporations working together to provide the right education, understand how to evaluate performance, and change the public perception of what “supply chain” really means. Talent shortage in the supply chain industry is not a problem that can be solved overnight.

Supply Chain 60

Supply Chain How To Manufacturing Procurement Buyer Training 60

Talking Logistics

NOVEMBER 21, 2016

Another example: A few years ago I met with a supply chain executive at a leading food manufacturer who was working closely with the sales team to educate them on how to position the company’s supply chain and logistics capabilities as a competitive differentiator with their clients.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Cost Reduction Strategies Inventory Reduction Logistics 100