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Putting a stick in the eye of the industry is hard work. The industry has too many events. To make the argument, let’s look at industry orbit charts in aggregate for the period of 2006-2017 for the apparel and chemical companies. In neither industry, despite the spend of 1.7% 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
These folks have traditionally provided master rolls of newsprint and book paper to the industry. Inside-out to outside-in is starting to turn. Anyone who has worked with asset intensive process manufacturers knows how hard it is to change the thinking about machine capacity utilization. MORE
To help, in this blog post, I share industry trends. For the discrete industries, we contrast the industry averages for growth, operating margins, inventory turns, cash-to-cash cycle, revenue per employee and SG&A ratio for the periods of 2006-2014 and 2011-2014. MORE
This post from PINC’s blog highlights six warehouse metrics that all companies should be tracking, monitoring, and acting upon. The post Editor’s Pick: 6 Warehouse Metrics You Can’t Afford to Ignore appeared first on Talking Logistics with Adrian Gonzalez. Editor's Pick Guest Commentary Guest Commentary - PINC Solutions Industry Trends Warehouse Management PINC Solutions warehouse management warehouse metrics MORE
To help, in this blog post I share industry trends. For the discrete industries we contrast the industry averages for growth, operating margins, inventory turns, cash-to-cash cycle, revenue per employee, and SG&A ratio for the periods of 2006-2014 and 2011-2014. MORE
Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. However, companies often have too many independent metrics that can cause conflicts amongst competing supply chain functions. Functionally isolated metrics lead to sub-optimized supply chain performance. MORE
Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. MORE
The question that seems to get asked more often than not is to talk about how many industrial applications we can name for machine learning. Industrial Applications and Transformations Attributed to Machine Learning. Industry Week confirms these issues. MORE
by Alexa Cheater Our own Trevor Miles , VP of Product Innovation and Thought Leadership, had the chance to sit down with Bob Ferrari of Supply Chain Matters to talk about multi-industry supply chain challenges. MORE
Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain. MORE
However, in the writing of the recent report on the Household Products and Beauty industries, my observation is that companies are stuck in neutral and going backwards. Who is performing the best in this industry? The industry as a whole struggled. I was on my way to Peru. MORE
Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. That industry has already gone through consolidations. Semiconductor is poised to consolidate, which will have huge impact on the metrics. MORE
Current industrial manufacturing trends show the new administration is pushing for reshoring among the nation’s biggest manufacturers, and new technologies are revolutionizing how companies respond to growing skepticism and scrutiny by the public and government oversight as well. The "First Five" Industrial Manufacturing Trends of 2017. The Industrial Internet of Things (IIoT) is no longer the newest kid on the block. Metrics are like Big Data; they can appear useless. MORE
It is considered as a measure of the productive capacity planning of industry, machine, factory, or an individual. One area where AI finds significant value is creating data-driven industrial operations using the power of AI-lead manufacturing solutions. MORE
Using Metrics to Measure Quality. Documentation is also a requirement for most industry and government certifications, so it is beneficial to ensure that processes are documented. Most industry standards recommend design for quality. Choosing Metrics. MORE
Supply Chain Metrics That Matter: A Focus on Aerospace and Defense. In Supply Chain Metrics That Matter: A Focus on Aerospace and Defense , Supply Chain Insights benchmarks A&D companies against other industries and dives into data from five top A&D companies over the last decade. MORE
Despite the 2014 oil and gas price drop crisis and the rush around alternative fuel sources, the future of the oil and gas industry remains bright and has a steady pace of growth and increasing demand. MORE
These folks have traditionally provided master rolls of newsprint and book paper to the industry. Inside-out to outside-in is starting to turn. Anyone who has worked with asset intensive process manufacturers knows how hard it is to change the thinking about machine capacity utilization. MORE
There is continued buzz about Industry 4.0 — the nickname adopted for the ongoing fourth industrial revolution. Anant Kale ( @anantkale ), Co-Founder and CEO of AppZen, explains, “The first industrial revolution mechanized production using steam power, the second gave us the assembly line for mass production, and the third industrial revolution gave us advanced automation using IT and electronics. 1] One element of Industry 4.0 MORE
Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? 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
3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. However, these technologies are poised to give benefits throughout the industry in several other ways as well. MORE
It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Many organizations publish turns data by industry or SIC code to help gauge where you stand against others in your industry. MORE
So, I decided to use supply chain best practice metrics to predict the Super Bowl participants, and the ultimate winner. I remember when my parents questioned my plan to go after a dual degree in college – Industrial Engineering and Statistics. 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
It is considered as a measure of the productive capacity planning of industry, machine, factory, or an individual. One area where AI finds significant value is creating data-driven industrial operations using the power of AI-lead manufacturing solutions. MORE
As mentioned earlier, modern manufacturing concepts like The Factory of the Future, Smart Manufacturing and Industry 4.0 Combat data overload by knowing what you want to achieve and focusing on metrics that align with those goals. The post Modern Metrics appeared first on Synchrono. 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
This post will discuss some of the metrics and analysis tools that an inventory manager needs to identify risk and opportunities and to make intelligent decisions to optimize the performance of their inventory. Each metric requires context. MORE
The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. This is a critical metric in regulated industries such as medical devices, pharmaceutical, biotechnology, and food and beverages. 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.
Cerasis
JULY 13, 2015
Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking?
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synchrono
AUGUST 22, 2016
As mentioned earlier, modern manufacturing concepts like The Factory of the Future, Smart Manufacturing and Industry 4.0 Combat data overload by knowing what you want to achieve and focusing on metrics that align with those goals. The post Modern Metrics appeared first on Synchrono.
Talking Logistics
JULY 16, 2019
This post from PINC’s blog highlights six warehouse metrics that all companies should be tracking, monitoring, and acting upon. The post Editor’s Pick: 6 Warehouse Metrics You Can’t Afford to Ignore appeared first on Talking Logistics with Adrian Gonzalez. Editor's Pick Guest Commentary Guest Commentary - PINC Solutions Industry Trends Warehouse Management PINC Solutions warehouse management warehouse metrics
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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.
|
QAD
JUNE 25, 2019
It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Many organizations publish turns data by industry or SIC code to help gauge where you stand against others in your industry.
Kinaxis
JUNE 22, 2015
This post will discuss some of the metrics and analysis tools that an inventory manager needs to identify risk and opportunities and to make intelligent decisions to optimize the performance of their inventory. Each metric requires context.
Cerasis
APRIL 25, 2016
3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. However, these technologies are poised to give benefits throughout the industry in several other ways as well.
Logility
AUGUST 7, 2017
Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. However, companies often have too many independent metrics that can cause conflicts amongst competing supply chain functions. Functionally isolated metrics lead to sub-optimized supply chain performance.
Speaker: Irina Rosca, Founder, sustainSCM and Director of Supply Chain and Customer Success Operations, Helix OpCo
Across industries, 81% of all customers attempt to take care of matters themselves before reaching out to a live representative. When there is so much information in customer feedback, why do supply chain managers leave such expensive insights on the table? Supply chain touches the product from conception until it arrives in the hands of the customer, and sometimes through the recycling process. Join Irina Rosca, Director of Supply Chain and Customer Success at Helix as she walks through the key questions to connecting the supply chain with the voice of the customer.
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AIMMS
FEBRUARY 20, 2015
Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics.
Supply Chain Shaman
JUNE 7, 2018
Putting a stick in the eye of the industry is hard work. The industry has too many events. To make the argument, let’s look at industry orbit charts in aggregate for the period of 2006-2017 for the apparel and chemical companies. In neither industry, despite the spend of 1.7%
Cerasis
JULY 20, 2015
Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain.
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.
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DELMIA Quintiq
SEPTEMBER 10, 2019
The question that seems to get asked more often than not is to talk about how many industrial applications we can name for machine learning. Industrial Applications and Transformations Attributed to Machine Learning. Industry Week confirms these issues.
Logility
NOVEMBER 15, 2013
These folks have traditionally provided master rolls of newsprint and book paper to the industry. Inside-out to outside-in is starting to turn. Anyone who has worked with asset intensive process manufacturers knows how hard it is to change the thinking about machine capacity utilization.
ThroughPut
MAY 14, 2020
It is considered as a measure of the productive capacity planning of industry, machine, factory, or an individual. One area where AI finds significant value is creating data-driven industrial operations using the power of AI-lead manufacturing solutions.
ThroughPut
MAY 14, 2020
It is considered as a measure of the productive capacity planning of industry, machine, factory, or an individual. One area where AI finds significant value is creating data-driven industrial operations using the power of AI-lead manufacturing solutions.
Logility
NOVEMBER 15, 2013
These folks have traditionally provided master rolls of newsprint and book paper to the industry. Inside-out to outside-in is starting to turn. Anyone who has worked with asset intensive process manufacturers knows how hard it is to change the thinking about machine capacity utilization.
Kinaxis
JANUARY 14, 2015
So, I decided to use supply chain best practice metrics to predict the Super Bowl participants, and the ultimate winner. I remember when my parents questioned my plan to go after a dual degree in college – Industrial Engineering and Statistics.
Supply Chain Shaman
DECEMBER 15, 2015
To help, in this blog post I share industry trends. For the discrete industries we contrast the industry averages for growth, operating margins, inventory turns, cash-to-cash cycle, revenue per employee, and SG&A ratio for the periods of 2006-2014 and 2011-2014.
Cerasis
MAY 20, 2015
The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. This is a critical metric in regulated industries such as medical devices, pharmaceutical, biotechnology, and food and beverages.
Kinaxis
JULY 14, 2014
Supply Chain Metrics That Matter: A Focus on Aerospace and Defense. In Supply Chain Metrics That Matter: A Focus on Aerospace and Defense , Supply Chain Insights benchmarks A&D companies against other industries and dives into data from five top A&D companies over the last decade.
PLS Logistics
OCTOBER 15, 2019
Despite the 2014 oil and gas price drop crisis and the rush around alternative fuel sources, the future of the oil and gas industry remains bright and has a steady pace of growth and increasing demand.
Supply Chain Shaman
DECEMBER 15, 2015
To help, in this blog post, I share industry trends. For the discrete industries, we contrast the industry averages for growth, operating margins, inventory turns, cash-to-cash cycle, revenue per employee and SG&A ratio for the periods of 2006-2014 and 2011-2014.
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.
Kinaxis
JULY 6, 2015
by Alexa Cheater Our own Trevor Miles , VP of Product Innovation and Thought Leadership, had the chance to sit down with Bob Ferrari of Supply Chain Matters to talk about multi-industry supply chain challenges.
Kinaxis
AUGUST 29, 2014
Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. That industry has already gone through consolidations. Semiconductor is poised to consolidate, which will have huge impact on the metrics.
Supply Chain Shaman
JULY 5, 2016
However, in the writing of the recent report on the Household Products and Beauty industries, my observation is that companies are stuck in neutral and going backwards. Who is performing the best in this industry? The industry as a whole struggled. I was on my way to Peru.
Cerasis
FEBRUARY 9, 2017
Current industrial manufacturing trends show the new administration is pushing for reshoring among the nation’s biggest manufacturers, and new technologies are revolutionizing how companies respond to growing skepticism and scrutiny by the public and government oversight as well. The "First Five" Industrial Manufacturing Trends of 2017. The Industrial Internet of Things (IIoT) is no longer the newest kid on the block. Metrics are like Big Data; they can appear useless.
QAD
APRIL 25, 2019
Using Metrics to Measure Quality. Documentation is also a requirement for most industry and government certifications, so it is beneficial to ensure that processes are documented. Most industry standards recommend design for quality. Choosing Metrics.
Enterra Insights
AUGUST 20, 2019
There is continued buzz about Industry 4.0 — the nickname adopted for the ongoing fourth industrial revolution. Anant Kale ( @anantkale ), Co-Founder and CEO of AppZen, explains, “The first industrial revolution mechanized production using steam power, the second gave us the assembly line for mass production, and the third industrial revolution gave us advanced automation using IT and electronics. 1] One element of Industry 4.0
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.
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?
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