Metrics that Matter: Inventory Effectiveness

QAD

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Using Metrics to Measure the Health of the Business. The absolute measure is less informative than the trend in the metrics.

6 metrics tips and tools to benchmark P2P Digital Transformation

ivalua

Here’s a look at some of the Procure- to-Pay metrics procurement leaders should watch in order to better understand their digital progress. 1 Use automation for touchless processing – “Touchless” means data is electronic, transactions match the first time and need no human intervention. This metric closely aligns with digital transformation progress. This metric also impacts others like speed, visibility, and cost savings. . #2

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Lora Cecere on Supply Chain Metrics that Matter

AIMMS

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.

6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

Cerasis

Much of this development derived from the electronics sector, in which product lifecycles are significantly shorter, global service networks are increasingly intricate, sustainability processes are mandated and consumer customization is becoming the norm.

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. Review of SQM Metrics and Issues Across 5 Core Industries. #1:

Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

Cerasis

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. Quality affects many different parts of the business, so it is critical to establish a comprehensive metric that provides visibility into the most important areas of operations.

Elephant in the Room: Thoughts on Metrics That Matter in Semiconductor and Hard Disk Drives

Kinaxis

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Semiconductor is poised to consolidate, which will have huge impact on the metrics. by CJ Wehlage.

Metrics that Matter: Quality Management

QAD

Using Metrics to Measure Quality. One of the best ways that electronic document management helps ensure process accuracy and reduce costs is to eliminate paper printouts, which can quickly go out of date. Document processes electronically. Choosing Metrics.

Electronics Industry: Top 3 Steps to Keep in Mind When Implementing a Sustainable Procurement Program

EcoVadis

The complexity of the electronics supply chain leads to a variety of sustainability issues, including unfair labor practices, presence of harmful chemicals and conflict minerals. Electronics buyers play a key role in achieving sustainability initiatives.

Measuring Up?

Supply Chain Shaman

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time.

New challenges for electronics Supply Chain

EcoVadis

Beyond all the existing issues of diminishing raw materials, electronics companies source minerals such as cobalt, coltan and copper in countries that are often marred by corruption and civil war. Blood laptops” and “genocide phones” are becoming commonplace terms such that in July the US included a “ conflict-free” electronics provision into a financial reform law, conforming companies to disclose the origin of minerals purchased.

UPS Executive Shares Insights on Total Cost of Ownership in the Electronics Supply Chain

Supply Chain View from the Field

In this case, the context was an annual bid and quote negotiation they had to do with electronic manufacturers who wanted to ship products from the factories in Asia to the US. We happened to use the example of a high end consumer electronics manufacturer, but in truth, any one of the manufacturers operated the same way. What are the metrics used to measure performance is part of the contract terms, especially around on-time service commitments.

Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

I define digital as the rethinking the atoms and electrons of the supply chain. An orbit chart is a plotting of data at the intersection of two metrics. In this case, the metrics are operating margin and inventory turns. Definitions: Provocateur.

VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To understand the results, follow the year-over-year pattern in the orbit chart in Figure 1 and then look at the results of the consumer electronics industry in Table 1.

Why I No Longer Believe in the Gartner Supply Chain Top 25

Supply Chain Shaman

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.

Jeff Bezos v the World: Why All Companies Fear 'Death by Amazon'

Supply Chain Brain

Google and Facebook might have cornered the online advertising market, but Amazon’s business successes now include groceries, TV, robotics, cloud services and consumer electronics. “If Business Strategy Alignment Global Supply Chain Management Quality & Metrics SC Analysis & Consulting Supply Chain Security & Risk Mgmt. Apparel Consumer Packaged Goods E-Commerce/Omni-Channel Food & Beverage High-Tech/ElectronicsAt $19.99

Amazon Is Being Blasted by a Watchdog Group Over China Echo Factory Conditions

Supply Chain Brain

High-Tech/Electronics Global Supply Chain Management HR & Labor Management Quality & Metrics Retail E-Commerce/Omni-Channel Supply Chain Security & Risk Mgmt. The New York-based China Labor Watch released a report at the weekend following a nine-month investigation of working conditions at a factory in the city of Hengyang owned by Hon Hai Precision Industry Co., the company known as Foxconn, which manufactures products for Amazon.

IBM Will Marry Its New Verifier to the Blockchain, Transforming Diamonds, Olive Oil and Insurance

Supply Chain Brain

High-Tech/Electronics Food & Beverage Quality & Metrics All Logistics Global Logistics Transportation & DistributionCalled a crypto anchor verifier, the technology, which is part artificial-intelligence software, part insanely sophisticated, internally developed lens, can see the cells of animals and distinguish between them.

Why Samsung Might Turn to Blockchain for Its Global Supply Chain

Supply Chain Brain

Business Strategy Alignment Global Supply Chain Management Global Trade & Economics Quality & Metrics Supply Chain Security & Risk Mgmt. SC Analysis & Consulting High-Tech/Electronics All Logistics Transportation & Distribution Global LogisticsSpeaking to Bloomberg in an interview published last month, Samsung blockchain chief Song Kwang-woo said that the company will decide soon whether the use the blockchain ledger to manage its supply chain shipments across the world.

Cargo 40

How Michael Dell Transformed a Struggling PC Business Into $30Bn

Supply Chain Brain

Business Strategy Alignment Global Supply Chain Management Quality & Metrics High-Tech/Electronics Home Page Latest News Home Page Slider Featured ContentIf anything, the cover was a tad understated. It’s now clear Michael Dell stands to make a fortune from Dell’s privatization, turnaround and inevitable return to public stock markets.

Attacked by Ransomware? Here’s What to Do

Supply Chain Brain

Quality & Metrics Regulation and Compliance Podcasts Home Page Latest News Home Page Slider High-Tech/Electronics All TechnologyInstead, businesses should be coming up with detailed plans for responding to the inevitable attack by ransomware or other types of malware. And the need for preparation is more crucial today than ever before: 2017 saw the highest number of malware attacks on record. Ransomware incidents alone increased tenfold over the prior year.

As Cities Get ‘Smarter,’ Energy Sector Said to Be at Greatest Risk to Cyberattacks

Supply Chain Brain

Global Supply Chain Management SC Analysis & Consulting Quality & Metrics Supply Chain Security & Risk Mgmt. High-Tech/Electronics All Technology Home Page Latest News News Home Page SliderRespondents to a global survey by ISACA, an international professional association focused on IT governance, flag the energy sector to be the critical infrastructure system most susceptible to cyberattacks (71 percent), followed by communications (70 percent) and financial services (64 percent).

You are Here!

synchrono

Electronic kanban (eKanban) are an easy way to tackle every one of these categories of waste. Each of these types of waste has at least one metric associated with it. Remember, you don’t need to measure every one of these metrics. . . Where to Start Your Lean Journey.

Dealing With Intel’s Massive Security Flaw

Supply Chain Brain

Business Strategy Alignment Global Supply Chain Management Quality & Metrics Regulation and Compliance SC Analysis & Consulting Supply Chain Security & Risk Mgmt. High-Tech/Electronics Home Page Latest News Home Page Slider Editors' BlogThe announcement early this year of the security gap discovered in just about every computer made in the last 23 years had chipmakers and users alike scrambling for a patch.

Supply Chain Visibility and the Bottom-line

synchrono

These improvements in inventory efficiencies then translate into improved financial metrics, including 10% improvement in earnings per share; 5% increase in return on assets; and a 2.5% Visibility Matte rs.

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

synchrono

Some manufacturers experience supplier resistance to a new electronic Kanban solution. 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. Monitor your metrics. by Jim Shore.

Driver Shortage Concerns? Start with Bringing Packaging Efficiency to Your Shipments

CHAINalytics

Despite the inability to see the metrics … The post Driver Shortage Concerns? Blog Packaging Optimization Uncategorized ELD mandates Electronic Logging Device long haul trucking rates Packaging Efficiency Product density Truck Driver Shortage

Realizing Value from Order Promising

E2open

To simplify the measurement and realization of value, data-driven organizations should first segment Key Performance Indicators (KPIs) into two distinct sets: Value Metrics and Process Metrics. Process metrics are KPIs which relate to value metrics, but not in terms of actual dollars.

The Cost-Saving Benefits of ELDs: Why Wait for Compliance?

Talking Logistics

The electronic logging device (ELD) mandate is accelerating the adoption of telematics systems. The shift from truck-based paper to mobile-based telematics offers fleet operators numerous benefits, including: Enhancing driver and back-office productivity: The move to digital communications and electronic data capture with mobile devices and onboard computers means both drivers and back-office staff gain higher value productive time previously consumed by administrative-intensive tasks.

Supply Chains to Admire: 2016 Results

Supply Chain Shaman

Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter™ or making progress on singular metrics versus driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization. (If

The Secret to Successful Enterprise Strategy? Always Include Supply Chain Management

Supply Chain Opz

In one high-tech medical electronics firm, an executive decision was made to penetrate a new market with products no other company offered. Create the right metrics and monitor them. Align metrics with what is most important to the successful execution of the strategy.

How Supply Chain Will be Affected by Hurricane Harvey

Material Handling & Logistics

The Institute for Supply Management conducted a special survey that asked members to assess how Harvey might impact six key business metrics and whether they may be impacted by shortages of input materials due to Harvey. "Our Most Impacted Metrics. Moderately Impacted Metrics.

Five lessons from a CE sales pro

Alloy

Lesson #2 Focusing isn’t as easy as it sounds The consumer electronics industry keeps changing at a rapid pace. The key metrics could look very different depending on the customer, too. consumer-goods analytics sales retail consumer-electronics

Stories of Supply Chain Leadership: An Interview with Joan Motsinger of Seagate

Supply Chain Shaman

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). The results for the high tech and electronics industry is shown in Figure 1.

Do We Really Need a New Smart Phone Every Two Years?

SCM Research

However, as brand companies make consumers believe they need a new smart phone every two years, today’s global supply chains are responsible for incredibly large amounts of electronic waste. million metric tonnes (Mt) and it is forecasted to increase to 50 Mt in 2018. We all know about natural resource scarcity.