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Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Megatrends Shaping Supply Chain Innovation. And what are the key industry trends and innovations? In E2open’s Supply Chain Innovation Report 2021 , 73% of respondents claimed their supply chain is either moderately, slightly, or not at all resilient. Supply chain mapping is key to ongoing innovation.

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Don’t Wait to Innovate: 3 Key Benefits of Causal Forecasting

Logility

A traditional forecasting model might look at last year’s sales metrics to predict this year’s. This method captures current conditions and probable future trends, aligning forecasts with market realities and informing strategic decision-making. Let’s consider a simple example—daily sales of ice cream.

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Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

Customer-centric Innovation Drives Value. Intuitive Surgical, L’Oreal, and Sleep Number drove excellence through product and service innovation to outperform their peer groups. Consider the role of functional metrics and the lack of alignment with the corporate scorecard.) The gaps widened in the past five years.

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Necessity is the Mother of Innovation

Logility

In the midst of the seeming chaos many brilliant minds have been working in overdrive to develop innovative solutions to many of obstacles that lie in our way. These are just a few of the countless and amazing innovations we hear about on a daily basis. At the same time, start a frank discussion about which metrics matter right now.

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Twitter Google+ LinkedIn The post 3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance appeared first on Transportation Management Company | Cerasis.

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Innovation in Supply Chain Management: Driving Efficiency and Success

American Global Logistics

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.

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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

The group’s response is, “Are these supply chain metrics?” ” For many stuck in the myriad of functional metrics, like Operational Efficiency (OEE), Purchase Price Variance (PPV), or transportation cost, a focus on growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) is a stretch.