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 304

Gartner Pharmaceutical Supply Chain Chemicals 304

The Logistics of Logistics

FEBRUARY 15, 2013

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. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Habit 2 – Measure Logistics Performance.

KPI 245

KPI Logistics Network Optimization Software 3PL Continuous Improvement 245

Supply Chain Shaman

DECEMBER 28, 2020

Educate all of the Georges of the world by getting good at modeling and build asset and inventory strategies based on both bias and error. Use data and new metrics systems to free the organization from the ball and chain of corporate politics. ” Start by defining the words forecast and bias. Help Me Improve Customer Service.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Kinaxis

DECEMBER 12, 2014

Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, when you look at the background of many supply chain planning workers, you’ll find a huge variation in education and experience. These are the folks you want to do everything in your power to give them the education they need.

Supply Chain Planning Software 240

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

Talking Logistics

OCTOBER 12, 2014

In this first episode of an educational series focused on the link between transportation management and supply chain excellence, Chris Timmer from LeanLogistics outlines the attributes of a strong transportation management foundation and how to build it. How to leverage the right metrics and carrier scorecards to manage performance.

Transportation Management 240

Transportation Management Transportation Supply Chain Strategy Education 240

Supply Chain Opz

FEBRUARY 9, 2014

Blogging also allows both business people and educators to reflect and stimulate opinions. The majority of sites are the corporate blogs followed by blogs of major industry publications, personal blogs and an educational blog. Types of contents are ranging from opinion pieces, news, tips, case studies, graphic contents and guides.

Supply Chain 279

Supply Chain North America Case Study Supply and Demand 279

Supply Chain Shaman

MARCH 27, 2014

I also continued to work on the manuscript for the book Metrics That Matter to publish in the fall of 2014. Help to educate the sales force and consider modifying sales incentives for the first three quarters to let the shipments even out to a pull-based signal. The book is now a very worn manuscript. What do you do about it?

Supply and Demand 342

Supply and Demand Inventory Reduction Demand Planning Software Forecasting Software 342

The Network Effect

NOVEMBER 2, 2014

Assuming excellence in customer responsiveness is a given, in order to achieve excellence in operating performance all employees should have a solid education and understanding as to how their roles and responsibilities contribute to their supply network outcomes in addition to their budget or financial performance.

Supply Chain Design Software 181

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 181

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 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

GlobalTranz

MAY 20, 2015

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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Logility

JANUARY 26, 2017

The late consultant, educator, and author, Peter Drucker, is often quoted as saying "you can't manage what you can't measure.” The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Supply Chain Shaman

JULY 9, 2013

This research was the backbone of the Supply Chain Metrics that Matter series of reports. Instead, they have measured functional metrics or focused on projects. I believe that customer service is a critical metric and a key element of managing a complex supply chain system. The association requires some education.

Supply Chain Software 210

Supply Chain Software Supply Chain Modeling Modeling Software 210

Supply Chain Shaman

FEBRUARY 26, 2024

Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. Education is fundamental. In today’s training class, we focused on determining the balanced scorecard. Analyze inventory health.

Modeling 273

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 273

ivalua

DECEMBER 16, 2022

Tens of thousands of companies were anonymously rated on Comparably.com in nearly 20 different workplace metrics, from compensation, diversity, work-life balance, and leadership to career growth and perks and benefits.

Global 246

Global Company Supply Chain Software Gartner 246

Supply Chain Shaman

MARCH 21, 2024

Lack of aligned metrics. Education and leadership. In my class on this week, the question on “Why do Supply Chain Centers of Excellence Fail?” The top reasons were: Distant and self-serving. As the organization evolves, they Lose focus on serving internal customers. Lack of executive buy-in. Hard to measure the value of the COE.

Inventory Reduction 434

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

DynaSys

DECEMBER 20, 2018

Therefore, the solution should be developed on a single-click collaborative platform, allowing the end user to anticipate, optimize, respond, simulate and collaborate in real-time your company’s specific supply chain needs, thus, aligning your company’s vision and metrics. Process and Education. The “Super-User”.

Supply Chain Planning Software 73

Supply Chain Planning Software Education Supply Chain Software Forecasting Software 73

Supply Chain Shaman

DECEMBER 15, 2015

For each metric we show the averages and the percent change from the beginning and end of the period. Metric Performance for Discrete Industries. 5) Educate the executive team. Tonight I am writing the Supply Chain Metrics That Matter report on the High-Tech Industry, and the Research in Review for 2015.

Industry 150

Industry Industrial Inventory Reduction Metrics 150

Supply Chain Shaman

DECEMBER 15, 2015

For each metric was show the averages and the percent change from the beginning and end of the period. Table 1: Metric Performance for Discrete Industries. 5) Educate the executive team. Tonight, I am writing the Supply Chain Metrics That Matter Report on the High-tech Industry and the Research in Review for 2015.

Industry 150

Industry Industrial Inventory Reduction Metrics 150

Supply Chain Shaman

DECEMBER 18, 2014

Educate all business leaders on the causality between demand latency and cost/waste. If you want to read more on this topic and understand the impact on the value chain results, consider picking up my new book Metrics that Matter , for reading over the holidays. Treat demand latency as the evil empire. It is MUDA. Let’s face it.

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Forecasting Software 279

Logility

MAY 18, 2020

When you define the outcomes you’re hoping to predict, whether it’s sales, equipment repairs, email sign-ups, or some other metric, you’re better able to understand the metrics that will get you to that point. Think of predictive analytics as making ever more educated guesses based on the data you have. Conclusions.

Predictive Analytics 228

Predictive Analytics Analytics Software Predictive Analytics Software Procurement Analytics 228

The Logistics & Supply Chain Management Society

MAY 28, 2022

Educate Your Staff and Suppliers. A lack of education is often responsible for the slow adoption of sustainable practices, so creating internal training programs is essential. Long transportation times generally mean more carbon dioxide emissions, so switching to a local supplier can cut carbon emissions. MORE FROM THIS EDITION.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

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. I encourage all to do this modeling in simulation to educate executive teams.). Unlock the potential of new forms of analytics and educate teams.

Supply Chain Design Software 195

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

GlobalTranz

DECEMBER 30, 2014

It is our mission to provide education around transportation management, trends in transportation, pertinent regulation changes and impacts on transportation, and anything related to trucking and carriers. Let’s take a look at these trucking industry trends and what kind of facts they provide. Read the Full Blog Post. Read the Full Blog Post.

Logistics Network Optimization Software 232

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 232

Logility

JUNE 26, 2024

And when continuing education is introduced in organizations, employees are given even more opportunities to optimize company practices. When employees only have access to limited metrics and goals, it’s common to end up with departmental clashes and bottlenecks. How Do You Improve Human Economics Within Your Supply Chain Organization?

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Gartner 216

Kinaxis

NOVEMBER 26, 2014

Planners are smart people and if educated (APICS training should be a prerequisite in my opinion), they likely will have no problem absorbing and using additional information. In today’s competitive manufacturing environment, the only metrics that count are how a change impacts the company’s goals. I’ll tell them what they are getting.”This

Supply Chain Planning Software 256

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

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

There are many strategies organizations use prior to implementing the process and as a working, educated leader in SIOP who has assisted in pioneering the process in an organization, I have found the best methods, or steps to take is to ensure the following: Have a clear vision and focus, accepting adaptability and shared accountability.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. These discussions will also educate the executive team. Functional metrics need to be abandoned to focus on balanced scorecard outputs. A focus on functional metrics throws the supply chain out of balance.

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

Logility

NOVEMBER 30, 2020

Start with documenting the “As-Is” process capabilities and corresponding key performance metrics. Envision the “To-Be” process capabilities and desired performance metrics through benchmarking, group brain storming sessions, and alignment to business strategy and direction.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 179

Talking Logistics

JANUARY 5, 2014

You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet. What steps can you take to learn the language of the CFO?

Logistics Network Optimization Software 220

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 220

GlobalTranz

DECEMBER 29, 2014

This is why, for Cerasis, it is KEY for us to educate you on this practice of reverse logistics, because this flow of logisitcs will only increase over the coming years. Instead of becoming overwhelmed with data, managers should identify and focus on the most useful warehouse metrics to gather, report, and apply. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

The Logistics of Logistics

AUGUST 17, 2022

Lean ensures that your satellite office is staffed with highly educated, English-speaking professionals trained in your company’s processes and systems. Benefits include improved quality, reduced training time and training resource costs, increased speed to efficiency, and an overall improvement in the key metrics that matter most to clients.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Buyer Training 246

ToolsGroup

JULY 10, 2018

Techniques range from informal methods like educated guesses to quantitative methods that analyze historical sales data. It often employs statistical metrics like MAPE (mean average percentage error), which has hit a wall in recent years due to increased demand volatility and this approach's mostly backward-facing nature.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

Logistics Viewpoints

NOVEMBER 10, 2014

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. Just for Fun'

Metrics 258

Metrics Education Just-in-Time Research 258

Supply Chain Shaman

NOVEMBER 16, 2017

The Supply Chain Insights webinar series is designed as an educational forum for learning. The current efforts are improving functional metrics and traditional processes. I asked the audience for a show of hands to understand how many of the supply chain leaders in the room were testing blockchain. I saw no raised hands.

Supply Chain Design Software 145

Supply Chain Design Software Case Study Supply Chain Network Software Supply Chain Design 145

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

Logility

JANUARY 26, 2024

However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. A significant challenge lies in the need for leaders to be educated on effectively leveraging AI.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 217

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). PepsiCo’s Internal Supply Chain.

Supply Chain Design Software 263

Supply Chain Design Software Purchasing Skills North America Resource Reduction 263