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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. If cost reduction is not the only thing to measuring supply chain performance, that begs the questions: "Maybe we should be measuring other Supply Chain Management activities and what would they be?". Read more. . Read More. . Read More. .

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Unlocking Efficiency with AI in Business Process Automation

Elementum

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Common performance metrics include process completion rate and the number of automated tasks.

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Navigating the Supply Chain Management Fault Line

Supply Chain Shaman

Innovative startups. Artificial Intelligence innovators. Robotics/wearables/the Internet of Things/additive manufacturing coalescence is redefining manufacturing. Here is what I hear on calls: Having the digital innovation team in the IT organization is like drilling a hole in bedrock. It is growing.

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IoT Benefits for Supply Chain Operations

Enterra Insights

Many experts believe the Internet of Things (IoT) is poised to revolutionize supply chain operations. They add, “The adoption of IoT solutions will provide discrete manufacturers with the data needed to drive innovation and better manage complex production cycles, leading to improved operations and profitability.

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Looking Beyond Red Arrows

Supply Chain Shaman

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. While companies need ERP as a system of record for transactional processing, it is not the future of supply chain analytics or innovation. 2) Focus on a balanced portfolio of metrics. Many fail.

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Conquering the Explosion of Supply Chain Planning Data

Logility

Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. The Internet of Things (IoT), unstructured data streams and the like were not part of our vernacular. Organizations are simply overwhelmed.

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Measuring Up?

Supply Chain Shaman

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. A Look at History. Resiliency.