article thumbnail

My Take: Metrics that Matter

Supply Chain Shaman

Tomorrow, I have a call with a manufacturing company to answer the question, “ What is the most important concept in the book?” While Joe is trying to balance the feedback from Filipe and Frank, he is often asked to change his metric targets by his CFO named Lou. Achieving Balance in Metrics. I have three.

Metrics 150
article thumbnail

ToolsGroup Named Leader in Five G2 Categories for Winter 2024

ToolsGroup

Solutions in the Demand Planning category must produce reliable forecasts by extracting key insights from metrics like inventory trackers, converting raw data into actionable forecasts, supporting automation, and leveraging predictive analysis. Learn more about ToolsGroup’s industry recognition from customers and analysts HERE.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. Consider the role of functional metrics and the lack of alignment with the corporate scorecard.)

article thumbnail

Tata Steel Europe’s Connected Planning Journey

Logistics Viewpoints

Tata Steel Europe Plant in Wales. A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. Tata Steel Europe, which produced 9.5 Tata Steel Europe has a complex supply chain. Tata Steel Europe has a complex supply chain.

article thumbnail

Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

Ivalua CEO and Founder David Khuat-Duy and Ian Thompson , VP of Northern Europe kicked off the day with an introduction. The symposium emphasized the importance of data management to track ESG metrics and ensure compliance with regulations.

article thumbnail

This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Soft demand in Europe and the US led to an overall decline of 7.5 Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5

article thumbnail

A New Decade: Give Science A Chance

Supply Chain Shaman

Henkel was recently highlighted for supply chain leadership by Supply Chain Movement in Europe. The first story is about a large regional food manufacturer. The second story is about a regional beverage manufacturer. Now, let’s take consumer products. Henkel is underperforming its peer group. The answer?