Expert insights. Personalized for you.
When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. 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. MORE
The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. While most metrics stop at the output level, multiple layers of metrics in a Hoshin Plan actually determine if you’re even focusing on the right targets. A sense of complacency can lurk behind benchmarks. MORE
Supply Chain Metrics That Matter makes this truth clear enough with its thorough analysis of recent multi-industry performance trends. Peppered with real-world examples from across industries, Supply Chain Metrics That Matter reinforces ideas with evidence. MORE
Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric. Why do companies focus on reducing a specific metric? MORE
Whether you are contemplating creating a demand planning group within your company, or questioning whether your current demand planning is as functional as possible, Part 2 of this 4-part series is aimed to help you navigate the hurdles of structuring your organization and its supported processes, so as to ensure your demand planning group is established and organized for its greatest chance of success. This can be overcome, however, with proper focus and metrics. MORE
Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Her supply chain experience includes specialist roles at AMR Research, Clorox, Gartner Group, Kraft, and Procter & Gamble. MORE
It is now owned by Gartner Group and used as a commercial tool to drive client engagements. There is no consideration of relative performance against peer group or evaluation of year-over-year improvement. Leaders need to balance a portfolio of metrics. MORE
Some Common-sense Warehouse Benchmarking Metrics. In this post, you can discover some common-sense warehouse metrics that should probably be included in your project, regardless of whether you are benchmarking internally or externally. Other Warehouse Performance Benchmarking Metrics. MORE
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. MORE
It is for this reason, that we analyze the patterns of the Metrics That Matter using orbit charts over the period of 2006-2014. The analysis is designed to analyze supply chain leader success on a portfolio of metrics. Sustaining Performance Above Peer Group is Difficult. MORE
It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. Companies balance supply chain metrics better in good times than bad. Then identify, if the peer group is making progress. MORE
The data is also shared with industry peers and the peer group vote represents 25% of the score. The AMR Top 25 was the first methodology that tried to connect financial metrics with supply chain excellence. See how different the progress is on this metric by industry? MORE
PDF, no opt-in) 2017 Honeywell User’s Group. PDF, no opt-in) Youichi Nonaka, Senior Chief Researcher, Hitachi R&D Group and Sudhanshu Gaur Director, Global Center for Social Innovation Hitachi America R&D. PDF, no opt-in) 2017 Honeywell User’s Group. MORE
Assuming you can start with a clean slate, are there any guiding principles to selecting the “right” metrics? One is they have way too many metrics. Which supply chain metrics matter the most? Do you have too many or too few metrics in your organization? MORE
Today’s Group and Savage & Whitten Optimize Operations with RELEX Space Planning. With a buying power in excess of £5.7Bn, and the largest network of independent cash and carry wholesalers in the UK, Today’s Group chose RELEX Solutions’ space planning solution to improve its visualisation and reporting. Today’s Group selected RELEX because it offers best-of-breed solutions and an unrivalled depth of industry expertise. Read PDF. MORE
When it comes to supply chain and logistics metrics, companies are either tracking too many of them or they have so many metrics to choose from that figuring out the right approach to performance measurement is a challenge. Are there any guiding principles to selecting the “right” metrics? What metric categories beyond cost and service are also important? The post So Many Metrics, Which Ones Matter the Most? Live Episode: Thursday, July 28, 2016 at 12:00 pm ET. MORE
The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. When it comes to supply chain metrics, “beauty is in the eye of the beholder.” MORE
The focus in supply chain groups was not on how to design the operations so that they were more effective; instead it was about the use of best practices to maximize the value of what we had. The design efforts are usually coordinated by a central group like a Center of Excellence. MORE
We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. The company was then assigned to one of 37 peer groups based on the Supply Chains to Admire methodology. MORE
High-Tech/Electronics Global Supply Chain Management HR & Labor Management Quality & Metrics Retail E-Commerce/Omni-Channel Supply Chain Security & Risk Mgmt. The New York-based China Labor Watch released a report at the weekend following a nine-month investigation of working conditions at a factory in the city of Hengyang owned by Hon Hai Precision Industry Co., the company known as Foxconn, which manufactures products for Amazon. MORE
The Latest Thinking on Metrics, Reporting & Compliance. The Hackett Group. Sustainable Purchasing & Supply Summit 2015. Date: 22 September 2015. Venue: QEII Centre, London. Organization: Revolution Events. URL: www.spssummit.com . MORE
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: MORE
Pierre Mille, VP Group Planning & Customer Service Excellence, Carlsberg Group. For Pierre Mille, VP Group Planning & Customer Service Excellence, this was an opportunity to unleash its untapped value. “We are evolving towards a more customer centric supply chain”. MORE
In any manufacturing environment, delivering what you promised when you promised is good business, so measuring this metric makes sense. However, as simple as this metric should be to measure, it can get complicated. Making Manufacturing Metrics Meaningful Again. MORE
In the Supply Chains to Admire analysis, the focus is to understand the relative performance of a company within a peer group of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). (We The Supply Chains to Admire analysis is a data-driven discovery by peer group. MORE
While all leaders can agree that they want more assets and less trash, there is confusion about the best metric. It can vary substantially across industries and should only be used to compare a company within an industry peer group. Definition of Asset. MORE
My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. Here I share his insights: Philippe, which supply chain metrics do you think matter? MORE
The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization. MORE
Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. This is number 15 in a series that looks critically, industry by industry, to understand relative improvement of peer groups on the Effective Frontier. Cash-to-cash is a compound metric. MORE
Robinson Reports 2018 Fourth Quarter and Full-Year Results TPG Capital to sell Transporeon Group to Hg BluJay Hires Andrew Kirkwood as Chief Executive Officer Tool Company Claims IPS Worldwide ‘Misappropriated’ Millions (WSJ – sub. MORE
Here’s a look at some of the Procure- to-Pay metrics procurement leaders should watch in order to better understand their digital progress. This metric closely aligns with digital transformation progress. This metric also impacts others like speed, visibility, and cost savings. . #2 Digital sourcing tools can help make this a more manageable metric. #3 Success in this metric also contributes to long-term vendor relationship management. #4 MORE
Other processes are often combined with this core function in a demand planning group. Here are a few of the major processes that are more commonly grouped together: Production of the financial sales forecast. This can be overcome, however, with proper focus and metrics. MORE
Today’s post is by Joel Holt at Kenco Group , where he discusses several ways that supply chain metrics bring value to your organization. Supply chain metrics require the same observations, only instead of driving a car purchase, they speak to something far more important: efficiency and a host of abilities that your supply chain needs to survive, such as… Read more at Kenco’s blog. Editor's Pick Kenco Group logistics supply chain metrics MORE
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. MORE
We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. MORE
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. Rather then selecting a plethora of meaningless metrics, it is always better to focus on a critical few, and select them wisely. Step 2 – Develop Metrics and Data Sources. MORE
Logility
MAY 22, 2020
The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization.
Talking Logistics
NOVEMBER 2, 2016
Assuming you can start with a clean slate, are there any guiding principles to selecting the “right” metrics? One is they have way too many metrics. Which supply chain metrics matter the most? Do you have too many or too few metrics in your organization?
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Supply Chain Movement
DECEMBER 8, 2014
Supply Chain Metrics That Matter makes this truth clear enough with its thorough analysis of recent multi-industry performance trends. Peppered with real-world examples from across industries, Supply Chain Metrics That Matter reinforces ideas with evidence.
Talking Logistics
JULY 26, 2016
When it comes to supply chain and logistics metrics, companies are either tracking too many of them or they have so many metrics to choose from that figuring out the right approach to performance measurement is a challenge. Are there any guiding principles to selecting the “right” metrics? What metric categories beyond cost and service are also important? The post So Many Metrics, Which Ones Matter the Most? Live Episode: Thursday, July 28, 2016 at 12:00 pm ET.
Talking Logistics
SEPTEMBER 12, 2017
The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. While most metrics stop at the output level, multiple layers of metrics in a Hoshin Plan actually determine if you’re even focusing on the right targets. A sense of complacency can lurk behind benchmarks.
Talking Logistics
FEBRUARY 16, 2017
Today’s post is by Joel Holt at Kenco Group , where he discusses several ways that supply chain metrics bring value to your organization. Supply chain metrics require the same observations, only instead of driving a car purchase, they speak to something far more important: efficiency and a host of abilities that your supply chain needs to survive, such as… Read more at Kenco’s blog. Editor's Pick Kenco Group logistics supply chain metrics
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ivalua
SEPTEMBER 10, 2019
Here’s a look at some of the Procure- to-Pay metrics procurement leaders should watch in order to better understand their digital progress. This metric closely aligns with digital transformation progress. This metric also impacts others like speed, visibility, and cost savings. . #2 Digital sourcing tools can help make this a more manageable metric. #3 Success in this metric also contributes to long-term vendor relationship management. #4
Kinaxis
DECEMBER 3, 2014
Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric. Why do companies focus on reducing a specific metric?
Logility
JANUARY 26, 2017
The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. When it comes to supply chain metrics, “beauty is in the eye of the beholder.”
Cerasis
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:
Supply Chain Movement
DECEMBER 14, 2015
Pierre Mille, VP Group Planning & Customer Service Excellence, Carlsberg Group. For Pierre Mille, VP Group Planning & Customer Service Excellence, this was an opportunity to unleash its untapped value. “We are evolving towards a more customer centric supply chain”.
|
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.
synchrono
MAY 7, 2018
In any manufacturing environment, delivering what you promised when you promised is good business, so measuring this metric makes sense. However, as simple as this metric should be to measure, it can get complicated. Making Manufacturing Metrics Meaningful Again.
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. Rather then selecting a plethora of meaningless metrics, it is always better to focus on a critical few, and select them wisely. Step 2 – Develop Metrics and Data Sources.
Logistics Bureau
JULY 18, 2017
Some Common-sense Warehouse Benchmarking Metrics. In this post, you can discover some common-sense warehouse metrics that should probably be included in your project, regardless of whether you are benchmarking internally or externally. Other Warehouse Performance Benchmarking Metrics.
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Supply Chain Shaman
FEBRUARY 11, 2014
My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. Here I share his insights: Philippe, which supply chain metrics do you think matter?
Supply Chain Shaman
SEPTEMBER 3, 2018
We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups.
Supply Chain Shaman
JULY 22, 2019
In the Supply Chains to Admire analysis, the focus is to understand the relative performance of a company within a peer group of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). (We The Supply Chains to Admire analysis is a data-driven discovery by peer group.
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.
Supply Chain Brain
JUNE 12, 2018
High-Tech/Electronics Global Supply Chain Management HR & Labor Management Quality & Metrics Retail E-Commerce/Omni-Channel Supply Chain Security & Risk Mgmt. The New York-based China Labor Watch released a report at the weekend following a nine-month investigation of working conditions at a factory in the city of Hengyang owned by Hon Hai Precision Industry Co., the company known as Foxconn, which manufactures products for Amazon.
Supply Chain Nation
APRIL 5, 2017
Whether you are contemplating creating a demand planning group within your company, or questioning whether your current demand planning is as functional as possible, Part 2 of this 4-part series is aimed to help you navigate the hurdles of structuring your organization and its supported processes, so as to ensure your demand planning group is established and organized for its greatest chance of success. This can be overcome, however, with proper focus and metrics.
Supply Chain Movement
JUNE 29, 2015
The Latest Thinking on Metrics, Reporting & Compliance. The Hackett Group. Sustainable Purchasing & Supply Summit 2015. Date: 22 September 2015. Venue: QEII Centre, London. Organization: Revolution Events. URL: www.spssummit.com .
Supply Chain Shaman
SEPTEMBER 9, 2015
It is for this reason, that we analyze the patterns of the Metrics That Matter using orbit charts over the period of 2006-2014. The analysis is designed to analyze supply chain leader success on a portfolio of metrics. Sustaining Performance Above Peer Group is Difficult.
Supply Chain Shaman
JUNE 7, 2018
When we study 600 public companies by peer group, at the intersection of inventory turns and operating margin, only 5% drive improvement. 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.
Supply Chain Shaman
MARCH 18, 2018
Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. This is number 15 in a series that looks critically, industry by industry, to understand relative improvement of peer groups on the Effective Frontier. Cash-to-cash is a compound metric.
RELEX Solutions
APRIL 4, 2018
Today’s Group and Savage & Whitten Optimize Operations with RELEX Space Planning. With a buying power in excess of £5.7Bn, and the largest network of independent cash and carry wholesalers in the UK, Today’s Group chose RELEX Solutions’ space planning solution to improve its visualisation and reporting. Today’s Group selected RELEX because it offers best-of-breed solutions and an unrivalled depth of industry expertise. Read PDF.
Supply Chain Shaman
JULY 3, 2015
It is now owned by Gartner Group and used as a commercial tool to drive client engagements. There is no consideration of relative performance against peer group or evaluation of year-over-year improvement. Leaders need to balance a portfolio of metrics.
Supply Chain Shaman
MAY 13, 2015
The focus in supply chain groups was not on how to design the operations so that they were more effective; instead it was about the use of best practices to maximize the value of what we had. The design efforts are usually coordinated by a central group like a Center of Excellence.
Supply Chain Nation
APRIL 5, 2017
Other processes are often combined with this core function in a demand planning group. Here are a few of the major processes that are more commonly grouped together: Production of the financial sales forecast. This can be overcome, however, with proper focus and metrics.
Supply Chain Shaman
SEPTEMBER 4, 2017
We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. The company was then assigned to one of 37 peer groups based on the Supply Chains to Admire methodology.
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. Companies balance supply chain metrics better in good times than bad. Then identify, if the peer group is making progress.
IQMS
JULY 11, 2019
PDF, no opt-in) 2017 Honeywell User’s Group. PDF, no opt-in) Youichi Nonaka, Senior Chief Researcher, Hitachi R&D Group and Sudhanshu Gaur Director, Global Center for Social Innovation Hitachi America R&D. PDF, no opt-in) 2017 Honeywell User’s Group.
Supply Chain Shaman
FEBRUARY 17, 2014
While all leaders can agree that they want more assets and less trash, there is confusion about the best metric. It can vary substantially across industries and should only be used to compare a company within an industry peer group. Definition of Asset.
Supply Chain Shaman
MAY 22, 2013
The data is also shared with industry peers and the peer group vote represents 25% of the score. The AMR Top 25 was the first methodology that tried to connect financial metrics with supply chain excellence. See how different the progress is on this metric by industry?
Talking Logistics
FEBRUARY 1, 2019
Robinson Reports 2018 Fourth Quarter and Full-Year Results TPG Capital to sell Transporeon Group to Hg BluJay Hires Andrew Kirkwood as Chief Executive Officer Tool Company Claims IPS Worldwide ‘Misappropriated’ Millions (WSJ – sub.
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