Examples Innovation Metrics Reference 
American Global Logistics
SEPTEMBER 12, 2023
In today's rapidly evolving business landscape, innovation has become a key driver of competitive advantage. This article explores the importance of innovation in supply chain management and highlights key areas where innovation can revolutionize traditional practices. Recycling and reuse lend themselves to innovation.
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.
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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 Shaman
JULY 25, 2021
To make the point, let me share an orbit chart for four industries (reference Figure 1). Let’s start with honesty and a focus on process innovation. The Focus Inside-out Supported by Functional Metrics. Instead, the path requires a redefinition of process, metrics, and capabilities. Reversing The Trend.
The Logistics & Supply Chain Management Society
AUGUST 14, 2023
Source: IDC, Future Enterprise Resiliency & Spending Survey – Wave 2, April 2023 In a supply chain context, knowledge management applications refer to the use of generative AI to capture, store, organize, and leverage large datasets and insights generated throughout the supply chain processes.
Logistics Viewpoints
MARCH 27, 2023
When companies talk about improving their forecasting, they are most often referring to demand forecasting. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Instead of monthly forecasts, for example, a weekly forecast can improve agility. How much will demand be impacted?
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.
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