Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. We do not know how to walk the talk. When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk appeared first on Supply Chain Shaman. The post Collaboration?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

Supply Chain Shaman

MAY 12, 2025

So, if you are a planner today, why not invest in learning how to become an Agentic AI Supervisor? You would start by learning how to program AI agents. Focus on how to use new forms of technology to solve supply chain problems in your circle of control. Form and socialize your own hierarchy of metrics.

Modeling 195

Modeling Waste Reduction Supply Chain Planning Software Supply Chain Design Software 195

DELMIA Quintiq

JUNE 22, 2021

In this final blog on agility and why you should consider becoming an agilist to survive the new completion (of the continuous mention) of the application of enterprise decision management systems (EDMS) from Taylor and Raden cited in the first blog, I turn to the metric of agility and a new ROI metric of decision yield.

Metrics 156

Metrics Supply Chain Planning Software Agile and Lean Supply Chain Optimization Software 156

Logility

MAY 18, 2020

When you define the outcomes you’re hoping to predict, whether it’s sales, equipment repairs, email sign-ups, or some other metric, you’re better able to understand the metrics that will get you to that point. We also suggest the following best practices as you’re building your predictive analytics system: Clarify your objectives:?When

Predictive Analytics 228

Predictive Analytics Analytics Software Predictive Analytics Software Procurement Analytics 228

Freight Plus

MAY 13, 2025

Failing to meet expectations can result in: Chargebacks Loss of preferred vendor status Smaller or fewer orders Strained retailer relationships These scorecards are not just internal metrics. One of the most important metrics on a retailer scorecard is OTIF , which stands for On Time, In Full. What Is OTIF and Why Does It Matter?

Optimal Sourcing 52

Optimal Sourcing Retail Real-time Visibility How To 52

Logistics Bureau

DECEMBER 28, 2024

How to Reduce Carbon Emissions in Your Supply Chain 1. This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets. The difficulty many businesses now face, is understanding where to start.

Material Savings 75

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Supply Chain Shaman

APRIL 2, 2025

The issue is that when companies optimize functional metrics, they throw the supply chain out of balance and sub-optimize value. Explore the data the organization owns and explore how to use different forms of data to answer the questions central to the business. Supply chain leaders love bright and shiny objects.

Optimal Sourcing 195

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Design Software 195

Supply Chain Shaman

FEBRUARY 18, 2021

Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. In most organizations, there is a dashboard of functional metrics that shows all of the functions operating in the “Green” or acceptable levels until it comes to customer service. What are functional metrics?

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Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 355

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. The question was on “how to improve performance.”

Supply Chain Planning Software 377

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Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). The focus is not on who but on how to improve outcomes. Does functional ownership matter?

Supply Chain Planning Software 370

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 370

Arkieva

MAY 12, 2021

A reoccurring challenge in comparing and combining diverse time series in demand forecasting is the “scale” – as it is in combining metrics. Tools of the Trade: How to Compare / Combine Diverse Time Series – “Normalizing” was first posted on May 12, 2021 at 8:04 am. This blog provides an example of one method called normalization.

Forecasting Software 171

Forecasting Software Demand Planning Software Supply Chain Software Tools 171

The Logistics of Logistics

FEBRUARY 25, 2025

Learn More About Taking the Uncertainty and Risk Out of Freight Erika Voss | Linkedin DAT Freight & Analytics | Linkedin DAT security team: How to make safe connections online Transparency you can trust: A new approach to maximize your network Fraud Protection DAT Freight | Facebook DAT Freight | X DAT Freight | Instagram DAT Freight | YouTube (..)

Optimal Sourcing 212

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RFgen

NOVEMBER 27, 2024

You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. Data analytics helps you monitor key performance indicators (KPIs), like supplier performance, delivery times, and transportation efficiency — all in real-time.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

Supply Chain Shaman

DECEMBER 28, 2020

Throughout the year, I struggled to help the team understand the baseline of how to measure the demand plan’s success. Use data and new metrics systems to free the organization from the ball and chain of corporate politics. Use data and new metrics systems to free the organization from the ball and chain of corporate politics.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Supply Chain Shaman

DECEMBER 15, 2022

Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. Functional Metrics. With the implementation of transactional systems, the focus was on measuring and controlling functional metrics like the lowest manufacturing cost or purchase price variance in procurement.

Manufacturing Procurement 397

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 397

GlobalTranz

JULY 7, 2021

Depending on the needs, the 4PL can begin to offer other services that go beyond the typical definition of a 4PL, such as tracking transportation metrics and partner performance, which is where consulting starts to enter the layers of logistics when thinking about 3PL vs 4PL and beyond. 5PLs and the Rise of Transportation-as-a-Service.

3PL 210

3PL Third Party Logistics Logistics Network Optimization Software How To 210

Supply Chain Shaman

JULY 6, 2020

The idea was so novel and counter to my project direction that I did not know how to react. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance. The second step is to align metrics to the strategy. The So What?

Agile and Lean Supply Chain 362

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SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. worry no more! References Garnder, S.

Purchasing Skills 58

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 58

AIMMS

MAY 14, 2018

Common causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics across the business, dysfunctional technology and lack of expertise to operate and implement technology.

S&OP 207

S&OP Supply and Demand Meeting Prescriptive Analytics Software 207

Logistics Viewpoints

MAY 27, 2024

Meanwhile, Mr. De Golia’s team was also tackling a reverse logistics problem: how to help the company eliminate packaging by using reusable materials that could be returned to their suppliers. A clear goal needs to be combined with good data and metrics. Users can only take action once they have the goal, visible data, and metrics.

Supply Chain Design Software 310

Supply Chain Design Software Cost Reduction Strategies Inventory Reduction Supply Chain Design 310

SCMDOJO

FEBRUARY 26, 2025

By the end of this blog post, you will be able to not only understand what cost performance index is, but also know how to calculate it. What contexts can it be used in and how, as well as the benefits of using cost performance index in supply chain contexts. What is the Cost Performance Index (CPI)? The research paper by Winanda et.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Negotiate Pricing Cost Reduction Strategies 52

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. The traditional leader values cost reduction but is blind on how to value time. Tougher than most understand. United States Inflation Rates and GDP Inflation is the highest in forty years. Shift in cycles.

Supply Chain Planning Software 417

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 417

Supply Chain Shaman

NOVEMBER 21, 2023

The metrics were not aligned. Map the different metrics and incentives in the organization to behavior. Build the understanding of how to be a winning versus a losing pawn. At that time, Fred started pressuring the organization on the DOI (days of inventory) levels. He wanted control of the warehouse to reduce logistics costs.

Supply Chain Planning Software 406

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 406

Logility

APRIL 23, 2020

Finally, the models are created, tested, validated, and then evaluated to ensure that they will meet the project metrics and goals. Models are useless unless users know how to use them correctly. Train users on appropriate uses. This may be one of the most overlooked steps of all. Manage the model.

Forecasting 148

Forecasting Forecasting Software How To Procurement Analytics 148

Logistics Viewpoints

NOVEMBER 3, 2022

How to Get the Most Out of Your Labor Management System Using Engineered Labor Standards to Impact Warehouse Output. The latter refers to a single variable standard (SVS), by which one metric, such as cases per hour, is expected to tell all. If you’re like many LMS users, you may find the concept of MVS a bit confusing. Ad infinitum.

Supply Chain Design Software 264

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 264

Supply Chain Shaman

MARCH 21, 2024

At the time, many business leaders did not know how to type and had no idea how to use a computer. In my first classes, I taught the group how to speak the language of demand—forecastability, Forecast Value Added (FVA), backcasting, demand and market latency, and market drivers. Lack of aligned metrics.

Inventory Reduction 434

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Supply Chain Shaman

OCTOBER 29, 2014

Some may be used by the digital marketing teams for marketing purposes, but the average company does not know how to use it. In addition, I am now done with the page proofs for my new book, Metrics that Matter. Instead, he wants to drive supply chain excellence and build the metrics that matter. The book is a story.

Supply Chain Planning Software 379

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 379

ToolsGroup

MARCH 3, 2022

How to Use Weather Analytics in Retail Forecasting. Targeting favorable weather time periods and regions/markets enable companies to capture sales from receptive audiences and improve ROAS (return on advertising spend) and other key metrics. The impact weather has on consumer demand will vary by product, time of year, and location.

Forecasting 156

Forecasting Forecasting Software Procurement Analytics Retail 156

Enchange Supply Chain Consultancy

JULY 3, 2024

Using ourA-B-C of Route to Market model, the Catalyst Phase is when we execute or as we sometime call it ‘How to Win’. Internal Perspective: Performance Monitoring: KPIs and Metrics: Establish key performance indicators (KPIs) to monitor distributor performance. For distributor selection , it is when we engage our chosen distributor.

Inventory Reduction 263

Inventory Reduction Supply Chain Planning Software Material Savings Price Mitigation Strategies 263

ivalua

JUNE 11, 2021

Companies are being pressured on all sides to commit to Net Zero and CPOs should build their Net Zero goals by evaluating sustainability metrics into all aspects of their procurement decisions and processes. Now is the time to act, and to engage your supply chain on this important global issue. Sounds interesting? Sign up HERE.

Supplier Management 130

Supplier Management Sustainability Procurement How To 130

Supply Chain Game Changer

JUNE 8, 2022

With that being said, let’s look at how to get your target audience and establish customer loyalty. How to reach your target audience. How to build customer loyalty. How to measure customer loyalty. The post How to Build Customer Loyalty! Influencer marketing. Customer loyalty. Encourage customer feedback.

How To 116

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SCMDOJO

OCTOBER 30, 2024

For example, a student might work on a project that involves analyzing sales data to predict future product demand, thereby learning how to adjust procurement strategies accordingly. Similarly, performance metrics courses can guide learners in establishing key performance indicators (KPIs) to monitor and improve supply chain efficiency.

Supply Chain Planning Software 96

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 96

Procurement Academy

JULY 18, 2024

High morale is also likely to increase productivity, improving your business metrics and leading to more profit. A varied approach to measurement often works best, where you look at how effective the training is in a couple of different ways. eLearning has an important role to play in how you develop and retain top performers.

Optimal Sourcing 98

Optimal Sourcing Buyer Training Price Mitigation Strategies Purchasing Training 98

Ware2Go

MARCH 25, 2022

Learn how to build a 2-day ground shipping network that meets customer expectations without hurting your bottom line. The post How to Achieve Affordable Nationwide 2-Day UPS Ground Shipping appeared first on Ware2Go. Today’s consumers expect 2-day delivery from merchants of all sizes. 1 to 2-Day Delivery Is the Expectation.

Shipping 140

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