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

Cerasis

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? What about measuring working capital in the Supply Chain?

Changing Your Perspective to Measure Supply Chain Performance

Logistics Bureau

Why measure the performance of a supply chain? Because a supply chain is increasingly the sole competitive differentiator for an enterprise, and measuring its performance helps to improve it and detect and solve any problems.

3 Technology Trends That Will Improve Your Supply Chain Performance [Video]

Supply Chain Nation

In today’s competitive markets, it takes more than the ability to quickly respond to urgent supply chain disruptions after they start. Instead, your supply chain must predict disruptions and proactively resolve them before they negatively impact your business. Ready to take innovation, productivity, and efficiency to the next level? The post 3 Technology Trends That Will Improve Your Supply Chain Performance [Video] appeared first on Supply Chain Nation Blog.

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Improving Traceability for Better Supply Chain Performance

Supply Chain @ MIT

Many companies are striving to improve supply chain traceability in response to increasing demand from customers and government regulators for more information on product flows. Researchers at the Malaysia Institute for Supply Chain Innovation (MISI), Shah […].

Supply Chains Made Simple: 4 Tips to Improve Your Business’ Supply Chain Performance

Unleashed

When it comes to improving a business’ inventory performance, interrogating the supply chain can be an intimidating prospect. Supply chains are complicated and difficult, and the prospect of change typically provokes a reflexive ‘if it isn’t broken, don’t fix it’ response. Looking ahead into the future and allocating adequate resources to improve the supply chain can pay off remarkably quickly.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. The consensus is process innovation.

The Fight of the Titans

Supply Chain Shaman

Supply chain leaders are competitive. The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Yet, the Titans, the first generation of supply chain super powers, continue to battle competitors.

BASF: A Story of a Supply Chain Leader

Supply Chain Shaman

Over the last two decades the company successfully leveraged global scale to define supply chain leadership. With 12,000 supply chain employees operating in 80 countries with 2400 storage facilities, supply chain excellence and innovation are the foundation of corporate performance.

Measuring Up?

Supply Chain Shaman

The average manufacturing company’s supply chain organization is 15 years old. Historically, the traditional supply chain focused on improving costs. Today, more mature supply chain teams focus on delivering value.

Customer Experience Driving Innovation for High-Performing Companies

Talking Logistics

Editor’s Note: The following is an excerpt of a research report published last week , “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation.” Customer Experience: A Bigger Focus for High-Performing and Innovator Companies.

Time for a Mea Culpa?

Supply Chain Shaman

For most companies today there is great room for improvement in the supply chain. Companies want a supply chain that is more aligned and agile. Current State of Supply Chains. Supply chain matters more, but it is understood less and less.

Does Your Supply Chain Self-Optimize?

Adexa

They have also influenced the way we make decisions in supply chain planning. As a result we are now in a position to have a supply chain planning system that may have enough intelligence to grow and change with the organization on its own!

Halo Redefines Demand Sensing to Boost Supply Chain Performance

Halo

Halo, the supply chain advanced analytics platform of Logility, Inc., today announced the release of Halo Demand Sensing, an innovative solution that leverages artificial intelligence (AI) and multiple data streams to create an accurate sense-and-respond forecast to increase margins and optimize inventory deployment. The post Halo Redefines Demand Sensing to Boost Supply Chain Performance appeared first on Halo.

Supply Chain Digital Blueprint—Path to Stage 5 Maturity

Adexa

If you are still using spreadsheets to run your supply chain you are in good company. Where in the latter, the highest stage of maturity, you can perform digital and touchless planning. Read more on touchless-supply-chain-planning. Learn more at Innovations.

Your Supply Chain Digital Blueprint© to Stage 5 Maturity

Adexa

If you are still using spreadsheets to run your supply chain you are in good company. Where in the latter, the highest stage of maturity, you can perform digital and touchless planning. Read more on touchless-supply-chain-planning. Learn more at Innovations.

FOCUS 2015: On Track for Innovation

Supply Chain Nation

When I was asked to organize the Innovation and Thought Leadership track at FOCUS 2015 , I recognized that I would need to assemble some high-impact speakers who would get attendees thinking about the radical changes they need to make in their supply chains.

Visibility for All: Getting Control of the Modern Supply Chain

BluJay Solutions

In supply chain, leaders and innovators are, and it shows (favorably) in their performance. The modern-day supply chain begs for visibility throughout the entire chain, from point of order, to packaging, shipping, and delivery.

QAD Supplier Portal: An Introduction

QAD

Manufacturers are realizing the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. This builds a more effective manufacturer-supplier partnership that lowers inbound supply costs and improves supplier performance.

Dyson selects Kinaxis to manage global supply chain

Kinaxis

has selected Kinaxis to enhance its supply chain agility to achieve a greater competitive advantage. Creating a hyper-agile supply chain. by Jay Muelhoefer One of the most exciting consumer products companies in the world, Dyson Inc.,

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Health Check Your Supply Chain for Inefficiencies

Talking Logistics

Even in 2019 many companies still underestimate the importance of their global supply chain and above all, how their logistics and supply chain performance can beneficially impact their marketing, ultimately leading to healthier financial results.

Descriptive, Predictive & Prescriptive Analytics

DynaSys

Demand planning plays a crucial role in supply chain management as it has a pervasive impact on all three levels of decision making: strategic, tactical and operational decisions. To ensure sustainability in an ever-changing and competitive domain, companies must constantly adapt and readapt supply chain technology and processes. A key success factor for companies lies in the capability to leverage such data efficiently to the supply chain advantage.

Ensuring Reliability in Supply Chain

Logility

” Infineum, a world leader in the formulation, manufacture and marketing of additives for the fuel and lubricant industry, embarked on a supply chain transformation initiative and shared their advice on three components of success—people, process and tools.

Using Managed Analytics to Build a Next-Generation Supply Chain

Talking Logistics

For years, supply chain leaders have struggled to achieve a sophisticated level of supply chain visibility that would drive continuous improvement, optimize spend and reduce risk. How well is my transportation routing guide performance? Performance Optimization.

Aligning Your Supply Chain Planning Message with Your CEO

ToolsGroup

I advised supply chain leaders to ensure that their initiatives were seen by chief executives as engines for growth. Gartner recommends that Chief Supply Chain Officers take on dual roles — operational caretaker and growth partner. Supply Chain Planning

“Curve Shifting” on the Efficient Frontier

Logility

Regarding supply chain trade-off curves: trade-off, shmade-off…if you don’t like your current frontier, change it. SC Digest covered the presentation recently here: Understanding the Supply Chain Efficient Frontier.

The Best Part of My Job

Logility

As we wrapped up our 2019 Velocity Conference in Orlando last week, I was reminded how lucky we are to be in supply chain. At the 2019 Velocity Conference we recognized several companies for their digital supply chain transformations. Innovations in Supply Chain.

Profiting from Cost to Serve

Supply Chain @ MIT

However, the way this value is calculated varies from company to company, particularly in terms of how certain costs – including those associated with managing supply chains – are taken into account. A top-down method for calculating the measure developed by the Center for Latin-American Logistics Innovation (CLI) offers a better way to compute cost to serve, especially for emerging markets.

Looking Beyond Red Arrows

Supply Chain Shaman

When I engage with supply chain leaders , I ask the question, “Are you making progress?” It is hard work to maintain the status quo in metrics performance. The supply chain is a complex, non-linear system. Rethink supply chain practices.

Gartner Study Identifies Supply Chain User Wants and Needs

ToolsGroup

Source: 2017 Gartner Supply Chain Technology User Wants and Needs Study, Dwight Klappich. The annual Gartner Supply Chain Technology User Wants and Needs Study, now its tenth year, is one of this industry's most comprehensive studies of supply chain users.

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Sales and Operations Alignment: Often The Missing Link

Supply Chain Shaman

I first met Shane in 2007 at the beginning of his work with Syngenta’s value chain. Seldom do I see a commercial leader transition to supply chain, and I wanted to gain his insights. Note the improvement and the resiliency in supply chain performance.).

Where Would We Be Without All of the BullS&%T?

Supply Chain Shaman

“Where would the supply chain technology industry be without all of the bulls#&t?” ” Based on my research, it is clear to me that buyer frustration with supply chain technology is increasing. We are in a spin cycle of digital innovation.

The Top 5 Supply Chain Blogs of 2016 …So Far

Cerasis

We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Today's post will cover the top 5 supply chain blogs from 2016 so far. Top Supply Chain Blogs from the First Half of 2016 So Far. The supply chain blogs category most top viewed blog posts from the first half of 2016 included several elements of the supply chain. Supply Chain blogs supply chain

I Believe We Have Reached The Supply Chain Plateau

Supply Chain Shaman

In the process, I discovered that the average process manufacturing company has reached a plateau in supply chain performance. I believe that we have reached a plateau and that supply chain performance is declining. Today’s supply chains respond.

Supply Chain Analytics: The Times They Are A-Changin’

Supply Chain Shaman

My focus in this post is to highlight changes in supply chain analytics, and what this can mean for your business. Today, if you ask a supply chain leader about analytics, their response is all about reporting. Figure 1: The Changing World of Supply Chain Analytics.

Where Would We Be Without All of the BullS&%T?

Supply Chain Shaman

“Where would the supply chain technology industry be without all of the bulls#&t?” ” Based on my research, it is clear to me that buyer frustration with supply chain technology is increasing. We are in a spin cycle of digital innovation.