Ware2Go

APRIL 11, 2023

Learn how businesses of all sizes can help build a more sustainable eCommerce industry, with examples of environmentally friendly brands that are leading the way. Healthway is reimagining the world as a better, safer place through innovative air purification solutions.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Supply Chain Shaman

JANUARY 2, 2024

We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. For example, let’s take a look at the patterns of Anheuser Busch, Colgate-Palmolive, Mondelez, and Nestle shown in Figure 1. Instead, the focus is on customer-focused innovation and leadership.

Gartner 275

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 275

Logistics Viewpoints

MARCH 25, 2024

Infor held an Innovation Summit at their headquarters in New York City on March 18 th and 19 th. For example, Google Maps app is a public cloud application. The software architecture allows the value to be measured and those metrics are visible to the customer and the Infor success team.

Vendor Strategies 225

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 225

TransAudit

DECEMBER 13, 2023

Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. Here are three examples of how companies adopted a circular supply chain approach and saw significant results: RUSH University Medical Center saved more than $244,000 by reusing workplan furniture.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Supply Chain Shaman

FEBRUARY 18, 2021

This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. The issue is that traditional functional metrics drive underperformance—the greater the variability, the larger the gap.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. The United States, for example, wastes about 40% of their food , amounting to about 125 to 160 billion pounds—much of which is perfectly edible. Innovative recipe and formulation management is key.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

Logility

AUGUST 18, 2023

For example, executives might underestimate the impact of accurate demand forecasting on reducing inventory costs, resulting in insufficient investment in necessary tools and technologies. Without these shared metrics, the vision for success might differ between the two, causing further misalignment.

Supply Chain Performance 188

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 188

GlobalTranz

JUNE 4, 2015

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: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Supply Chain Shaman

JULY 25, 2021

Let’s start with honesty and a focus on process innovation. The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

QAD

APRIL 13, 2023

For example, rather than hiring someone with the required skill set, many companies are investing in training and development programs to upskill their workforce, and ensure that their employees are equipped with the skills needed to succeed in their role. is likely to reach 2.1 million and cost the economy $1 trillion in 2030 alone.

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

Supply Chain Game Changer

NOVEMBER 28, 2018

The complexity of global supply chains – especially in organizations like GM – require hands-on relationship management of suppliers to ensure that supplier collaboration will lead to added value, and innovation. Resources spent/gains made on the road to innovation are, therefore, sustained exclusively by the internal entity.

Innovation 59

Innovation Procurement Analytics Resource Reduction Procurement Solutions 59

Elementum

JANUARY 16, 2024

By implementing BPA, businesses can reduce human error, improve agility, and focus on innovative work that drives growth. The goal of automation is to minimize human intervention and increase innovation, while optimizing the use of IT systems and resources.

Supply Chain Software 78

Supply Chain Software Logistics Network Optimization Software Resource Reduction Optimization Software 78

Supply Chain Shaman

JUNE 7, 2021

A forum was great for networking but not for driving process innovation. For example, client-server to cloud architectures offered great promise for process innovation, but companies just moved their processes without asking how to drive new levels of value from technology. The industry is like a Ferris Wheel.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

BlueYonder

APRIL 9, 2024

For the past 175 years, Carlsberg has continuously reinvented itself from a marketing, innovation and product perspective, while remaining true to its core values of enriching communities while manufacturing quality drinks. Spanning 140 brands, 40,000 employees, 150 global markets, and 12.5 A prospect to raise a glass to.

Optimal Sourcing 101

Optimal Sourcing Sustainability Material Savings Waste Reduction 101

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. We combine the latest technology with a team of expert analysts and a well-refined methodology that simplifies the process.

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

Logistics Viewpoints

MARCH 27, 2023

It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Machine learning also makes it possible to make more granular forecasts – for example, instead of forecasting demand for the company’s products in the Eastern Region of the U.S., Doing this, increases the benefits. This sounds obvious.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logistics Viewpoints

JUNE 19, 2023

For example, as a picker is moving through the warehouse, their scan gun will read, “go to location XB312 and pick three cases!” The factory achieves its key metrics, but the metrics that really matter, a high service level at the lowest possible cost, are not met. A WMS tells workers what to do.

Supply Chain Design Software 237

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 237

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Continued Innovation even Amidst the Pandemic. This investment in equipping employees with future ready skillsets has put the organization in good stride to tackle the challenges brought on by COVID-19; allowing Schenker to accelerate investments and efforts in innovation even as many other organizations are struggling to stay afloat.

Singapore 246

Singapore Logistics Network Optimization Software Supply Chain Design Software Waste Reduction 246

ThroughPut

MARCH 15, 2024

For example, what is the overall workflow? For example, a mislabeled product category can lead to a 10% inefficiency in demand forecasting. Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. For example, top reasons why ThroughPut.ai Or did it improve margins by 7%?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

For example, what is the overall workflow? For example, a mislabeled product category can lead to a 10% inefficiency in demand forecasting. Step 3: Metric Selection Not everything can be improved or enhanced at the same time with AI. For example, top reasons why ThroughPut.ai Or did it improve margins by 7%?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

Logistics Viewpoints

MAY 25, 2022

Brian provided some specific omni-channel examples with easy to envision benefits. For example, when it is time to pull in the next trailer, they can see what is on it and where those items are going to be put away in the warehouse, and choose a plan that will minimize travel distance. Final Word.

Conference 174

Conference Supply Chain Planning Software Optimization Software Scenario Planning 174

DELMIA Quintiq

MAY 17, 2022

Thanks to constant industry innovation, Integrated Business Planning (IBP) is now also becoming a common topic of conversation. If financial metrics or sustainability are priority KPIs along with inventory and materials, then they need to be included in driving the planning process and part of the optimization puzzle. Still confused?

S&OP 156

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Planning 156

Elementum

DECEMBER 14, 2023

Automating Business Processes: Streamlining Efficiency and Profitability In today’s fast-paced business world, efficiency and innovation are key to staying ahead of the competition. Remember to review and adjust your automation strategy based on these metrics and evolve your processes to maximize efficiency and effectiveness.

Supply Chain Software 78

Supply Chain Software Optimization Software Resource Reduction Supply Chain Planning Software 78

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Requis

NOVEMBER 3, 2022

Similar to the power usage effectiveness (PUE) metric, which catalyzed energy efficiency innovations in data centers, the circularity ratio can drive transformative changes in supply chains. . For example, tremendous rhetoric complicates initiating sustainability programs and avoiding greenwashing.

KPI 52

KPI Global Benchmarking Metrics 52

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. While companies need ERP as a system of record for transactional processing, it is not the future of supply chain analytics or innovation. 2) Focus on a balanced portfolio of metrics. Many fail.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

Supply Chain Game Changer

JULY 14, 2021

For those that aren’t familiar, or like myself are more familiar with the symbol than the concept, the principle of Yin and Yang is a concept of dualism, used to explain “that all things exist as inseparable and contradictory opposites, for example, female-male, dark-light and old-young. Create a Sustainability North Star Metric.

Optimal Sourcing 98

Optimal Sourcing Procurement Sustainability Material Savings 98

Supply Chain Shaman

MARCH 28, 2016

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. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Arena Solutions

APRIL 9, 2024

Enhancing Innovation and Compliance With ION’s Proactive Quality Measures With a focus on increasing the speed of innovation without sacrificing compliance, ION builds quality measures into every process. ION Analytics Dashboard Example ION’s dashboards provide out-of-the-box reporting and the ability to build custom data views.

Manufacturing Procurement 75

Manufacturing Procurement Supply Chain Design Software Manufacturing Analytics Software 75

Silvon Software

JANUARY 25, 2023

For example, if your process is based on a 12-month rolling forecast, then show 12 months in the system and 12 months on the demand plan that you bring to S&OP sessions. Forecast-accuracy metrics are often not included in sales KPIs, but if your company is serious about demand planning, then they should be.

Supply and Demand 106

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 106

QAD

JANUARY 6, 2022

In its 2021 survey, Deloitte once again affirmed the fact that more digitally mature businesses outperform industry averages on a variety of financial metrics. The authors refer to the bounty of benefits that accrue from digital maturity. And we couldn’t agree more.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Optimization Software Tools 93

NC State SCRC

SEPTEMBER 6, 2020

Continued dialogue around performance metrics allowed both parties to produce an amazingly successful project outcome. What key lessons learned came from the experience?” A key insight from this case involves the need for differentiated supplier relationship management for procurement-project team integration.

Negotiating Skills 52

Negotiating Skills Innovation Optimal Sourcing Case Study 52

Silvon Software

AUGUST 8, 2022

Plus, changing consumer behaviors and demands are leading businesses to adopt newer technologies and innovations so they can adapt and evolve at a faster rate. And for many, it’s a struggle to use this data to generate meaningful insights beyond top-level metrics. Let’s take product quality as an example.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

Supply Chain Shaman

JUNE 7, 2018

Instead of pushing innovation forward, I see companies using the term “digital” as a path for IT spending. 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. Let me give you an example. Three Paths for Innovation.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 223

Supply Chain Insights

JANUARY 18, 2018

This includes SCOR, APICs, Gartner Top 25 Supply Chains, Gartner Hierachy of Metrics, etc. New approaches –using the confluence of new technologies along with innovation in analytics– will drive a more agile supply chain response. Examples include Bark Box, Dollar Shave Club, and Blue Apron. The reason?

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197