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No Time Like the Present

Supply Chain Shaman

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Functional metrics need to be abandoned to focus on balanced scorecard outputs. A focus on functional metrics throws the supply chain out of balance. For me, there is no time like the present. Your thoughts?

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How to Establish Early Warning Supply Chain Metrics

Arkieva

In recent webinars and presentations, I have been talking about Early Warning Systems within the context of supply chains. The news story above made me think of several examples where a supply chain would use similar concepts to develop early warning metrics.

Metrics 65
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17 Key Inventory Metrics & KPIs for 2023

Unleashed

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

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Weather Permitting: How to Use Weather Data in Retail Forecasting

ToolsGroup

Once the relationships are defined, you can incorporate weather-driven demand analytics across various time horizons–past, present, and future–to align with key retail functions. How to Use Weather Analytics in Retail Forecasting. The impact weather has on consumer demand will vary by product, time of year, and location.

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The 6 data points to keep in your back pocket (and how to get them)

crisp

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. Retail data: A brand’s greatest asset.

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Asking the Right Questions Is The First Step To Drive Supply Chain Excellence

Supply Chain Shaman

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). At the end of the presentation, I ask the audience for questions. The reason?

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Implementing Omnichannel: How to Get Your Supply Chain Ready to Go Omnichannel

GlobalTranz

Retailers should make incremental steps toward this goal, enhancing web format and ecommerce platforms , integrating systems to communicate what inventory is available and where it is located, and presenting a seamless experience to consumers. Staff members also need to know how to manage omnichannel fulfillment.