SCMDOJO

MARCH 19, 2024

This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Enroll Now!

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

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

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

Taulia

NOVEMBER 28, 2021

By regularly monitoring the average amount of inventory you hold, perhaps monthly, you can determine whether you’re over- or under-buying and iron out the spikes and drops to make your approach to inventory management more efficient. You can calculate inventory turnover using the following formula: Cost of goods sold / average inventory.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

SupplyShift

JUNE 17, 2021

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

SupplyShift

JUNE 17, 2021

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place. Secure Buy-In.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

Logistics Bureau

NOVEMBER 15, 2021

As I’ve mentioned in other KPI articles that I’ve written, we come across a surprising number of businesses that struggle to choose and use KPIs effectively in our consulting work. This time I’m going to share some warehouse-specific insights into KPI selection and use. 1) Speed up the Warehouse. For Putaway.

Warehousing 52

Warehousing KPI Inventory Reduction Expense Reduction 52

The Logistics of Logistics

DECEMBER 2, 2012

Highly effective shippers realize that purchasing decisions should be based on value, not just cost. The best value combines a good price, with excellent on time performance and great service. Excellent communication. A highly effective shipper will use metrics or key process indicators (KPIs) to monitor logistics performance.

Logistics Network Optimization Software 274

Logistics Network Optimization Software Pricing Training Continuous Improvement Purchasing Skills 274

Precoro

FEBRUARY 27, 2023

Streamlines Internal Procedures Spending data analysis sheds light on similar purchases between different departments. It enables them to cooperate even more closely to create fewer purchase orders and get things done faster by grouping multiple items and services into one purchase. There are plenty of KPI categories and types.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

Precoro

MAY 27, 2021

It can either make you a company's superhero or add extra headaches and purchasing risks because poor supplier management leads to the following problems: Missed saving opportunities and not enough leverage in negotiating with new suppliers. Poor supplier performance due to the lack of oversight, analytics and clearly defined requirements.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

QAD

JUNE 26, 2024

Obtaining organizational buy-in requires understanding how S&OP can help reach Sales and Marketing goals and, ultimately, the company’s overall objectives. The Sales and Marketing leader needs to wisely manage these competing KPI. Sales and Marketing both need to realize the value of S&OP for their individual objectives.

S&OP 52

S&OP Supply and Demand Forecasting Supply Chain Planning Software 52

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.

Benchmarking 52

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

Provenance

OCTOBER 1, 2018

At Provenance, we envision a future where every great product comes with accessible, verifiable information about the people, places and materials behind its creation, helping us all make positive choices about the things we buy. Ensure accurate reporting of key daily metrics to optimise outreach. More on our mission here.

Supply Chain Planning Software 40

Supply Chain Planning Software Analytics Software Supply Chain Network Software Negotiating Skills 40

The Logistics of Logistics

FEBRUARY 22, 2013

The LTL carrier scorecard with key process indicators (KPI) is an excellent tool for measuring and managing LTL performance and LTL carrier performance. Perhaps this is why, so many LTL shippers make purchasing decisions based on price alone. Key Process Indicators vs. Metrics. There is a better way. Billing accuracy, 4.)

Cost Reduction Strategies 118

Cost Reduction Strategies KPI Price Reduction Expense Reduction 118

Logistics Bureau

DECEMBER 20, 2016

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. The Importance of Alignment. Click To Tweet.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

6 River Systems

FEBRUARY 25, 2019

I am buying a sheep and goat farm alongside a larger space for a garment factory so that I can control where the cashmere and wool is coming from, how it is processed and how it is manufactured before it is sent to my customers. If you want to optimize your supply chain, the way to do it best isn’t to buy some fancy new machine.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

Logistics Bureau

NOVEMBER 27, 2016

So in order to perhaps spawn some ideas for your supply chain excellence efforts, I thought I’d offer a brief overview of how four leading organisations are achieving their successes and cementing their mastery of the 21 st century supply chain. Few consumers are currently attracted to online purchases of household consumables.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

ThroughPut

NOVEMBER 28, 2023

Many excellent supply chain analytics tools in the market differ in features, focus areas, visualizations, and other vital elements. What is the Role of Performance Tracking and Metrics in Supply Chain Analytics Software? Performance tracking and metrics play a crucial role in the success of any supply chain.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

ShipBob

APRIL 30, 2023

An eye-popping 94% of customers say that positive customer service experiences make them more likely to buy again. Plus, you establish and regularly check metric-driven goals (around speed and quality) for your team. In this section, we’ll discuss eight of these KPIs that pretty much any ecommerce retailer can use.

Customer Service 52

Customer Service Optimal Sourcing Procurement Analytics Optimization Software 52

Supply Chain Digest

JUNE 17, 2025

Financial performance metrics are valuable as they capture the economic consequences of business decisions. Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial? Michael Hurd Lean Consultant, Unemployed Posted on: Jun, 10 2017 A Very Good Article.

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Logistics Bureau

DECEMBER 20, 2021

The following KPIs comprise those commonly used across all warehouse operation types, along with some that are less ubiquitous but which your business might benefit from monitoring. The one thing they all have in common is that, under the right circumstances, they are more than merely valuable metrics. 1: Inventory Turns.

Inventory Reduction 98

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 98

ThroughPut

OCTOBER 16, 2022

An inventory manager aims at ensuring the key performance indicators (KPIs) are aligned to the available inventory and works on identifying key areas that are performing well or those aspects which require attention. Key Pillars of Supply Chain Inventory Optimization. DEMAND FORECASTING. LACK OF AUTOMATION.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

GlobalTranz

MAY 4, 2016

Nearly every company offers some sort of discounted shipping plan for large purchase orders, and more customers are demanding faster delivery at a reduced rate. Federal Power Over Freight Management KPIs. Freight Management KPIs are undoubtedly the most important metrics to track and understand.

Freight 120

Freight Procurement Analytics Sourcing Strategies Cost Reduction Strategies 120

SCMDOJO

JANUARY 22, 2025

Want to optimize your supply chain metrics and drive significant improvements? Understanding and tracking key supply chain metrics is essential. This guide will equip you with the knowledge you need to make data-driven decisions, achieve your business goals, and boost your supply chain metrics.

Procurement Analytics 90

Procurement Analytics Metrics Supply Chain Design Software Supply Chain Planning Software 90

SCMDOJO

JANUARY 22, 2025

Logistics Metrics KPIs are the hub of innovations. ” In this blog, we’ll explain how our logistics KPIs dashboard can help you improve your logistics performance. Muddassir Ahmed has created a sample Logic API dashboard showing the most frequently used logistics metrics KPIs.

Procurement Analytics 52

Procurement Analytics Metrics Negotiating Skills Logistics Network Optimization Software 52

Precoro

NOVEMBER 25, 2024

Let’s be honest: managing procurement can feel like a juggling act — with pending requisitions, undelivered purchase orders, unpaid invoices, budget tracking, and stock transfers all in the mix. Together, they offer a range of benefits that extend well beyond simply keeping track of purchases.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 105

Precoro

JUNE 4, 2025

They help procurement managers track and measure performance metrics, such as quality, delivery, cost, and compliance, to guide contract renewals and drive continuous improvement.  Key metrics to track on your vendor evaluation scorecard Measure only what counts most. Read on to learn: What is a vendor scorecard?

Vendor Strategies 45

Vendor Strategies Examples Optimal Sourcing Negotiating Skills 45

Supply Chain Digest

JUNE 16, 2025

Commandment 9: Insist on User Friendliness Independent of the effort put forth to design a system, purchase hardware and develop software, the single biggest test of implementation occurs when an operator attempts to scan bar coded media. This can be a pleasant experience (it is most of the time) or controversial.

Supply Chain Design Software 47

Supply Chain Design Software Supply Chain Planning Software Forecasting Software Modeling Software 47

Supply Chain Digest

JUNE 13, 2025

CSCMP members can download a copy for no charge, and others can purchase one for a modest fee. Financial performance metrics are valuable as they capture the economic consequences of business decisions. Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial?

Logistics Network Optimization Software 41

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 41

Supply Chain Digest

JUNE 10, 2025

Financial performance metrics are valuable as they capture the economic consequences of business decisions. Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial? Michael Hurd Lean Consultant, Unemployed Posted on: Jun, 10 2017 A Very Good Article.

Supply Chain Design Software 41

Supply Chain Design Software Supply Chain Planning Software Freight Logistics Network Optimization Software 41

Supply Chain Digest

JUNE 6, 2025

Financial performance metrics are valuable as they capture the economic consequences of business decisions. Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial? Michael Hurd Lean Consultant, Unemployed Posted on: Jun, 10 2017 A Very Good Article.

Supply Chain Design Software 32

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Gartner 32