SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

Logistics Bureau

OCTOBER 19, 2020

The performance measurement pillar, which is the one used for benchmarking, is essentially a hierarchy of key performance indicators (KPIs), comprising more than 150 metrics organised into two levels. Good Data is Key to Success with SCOR. Sometimes it’s Good to Look Inward Too. 3 Good Reasons to Start With Internal Benchmarking.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

DynaSys

SEPTEMBER 22, 2021

And this is only one metric where you could be doing a lot better. And since their purview is different from yours, they’ll bring perspectives that you may not have thought of early in the buying process. Taking the time to go through this exercise might seem extraneous, but sometimes you have to slow down to speed up.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Demand Planning Software Optimization Software 52

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. S&OP can deliver several benefits, but that knowledge is not enough to encourage disparate business functions to overcome conflicts and buy into the process.

Supply Chain Planning Software 98

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 98

Logistics Bureau

JANUARY 21, 2025

The performance measurement pillar, which is the one used for benchmarking, is essentially a hierarchy of key performance indicators (KPIs), comprising more than 150 metrics organised into two levels. External benchmarking can provide you with that information, enabling you to plan your journey to supply chain excellence.

Benchmarking 40

Benchmarking Supply Chain Planning Supply Chain Strategy Agile and Lean Supply Chain 40

HICX Solutions

AUGUST 11, 2021

We have clear metrics that talk about payments on time to suppliers, or, if they raise an issue, how quickly is that getting resolved. We have clear metrics and a good sense of how in sync we are with our supplier base.”. And we are going the extra mile to make sure that the suppliers know that we are serious about these metrics.”.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Alloy

FEBRUARY 5, 2019

Poor change management is a key reason why teams ultimately stick with tools that they already know and trust, like Excel. It’s easy to execute a small pilot project, but companies often get stuck when it comes to gaining buy-in and approval for a full rollout. It’s also one of the hardest parts of a transformation.

Alloy 40

Alloy Supply Chain Software Supply Chain Strategy Supply Chain 40

synchrono

DECEMBER 18, 2017

So, once you have universal buy-in on the project (see Guest Blog1: Real-world Advice for Getting Started on eKanban ), the first step toward execution is to develop a good process, or value-stream map. Over the course of the exercise, we found multiple variations in the current, 66-step process that produced excess waste.

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

Requis

OCTOBER 16, 2020

Companies at the smaller end of the continuum were working out of Excel sheets or Google Docs or, at the other end, working with clunky, complex enterprise resource planning (ERP) systems and product lifecycle management (PLM) systems. Those that aren’t already encumbered by existing purchases aren’t making the same choice.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Network Software 52

Logistics Bureau

DECEMBER 28, 2024

Reduction in Asset Capital Warehouses and vehicles are expensive to purchase or lease and can tie up millions of dollars that could otherwise be invested in the core business of the firm. It must be a joint exercise. To measure success, establish a baseline of your current performance metrics before outsourcing.

Material Savings 52

Material Savings Cost Reduction Strategies Price Reduction Inventory Reduction 52

EMERGE App

MAY 20, 2023

So waiting for customers to recognize and buy your products may only prove detrimental to your business despite your product or service quality. Who is most likely to purchase your product immediately? The latter will cause them not to buy your product that is intended to be an answer to their need. I know you ask.

Pricing Training 52

Pricing Training Purchasing Training Purchasing Skills Negotiating Skills 52

6 River Systems

JUNE 29, 2020

Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.” ’ “For example, supply chain leaders and their teams can conduct a scenario planning exercise and develop action plans. ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain Shaman

FEBRUARY 25, 2016

This issue is that the orders have inherent order latency (The time for customer purchases to translate to manufacturing orders). There is a belief that the efficient response—the tightly integrated lean supply chain—defines supply chain excellence. Orders do not represent market demand. If this is you, don’t accept the status quo.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150