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? Review Inventory turns and Return on Assets.

Don’t let incorrect design assumptions affect supply chain performance

Kinaxis

by Alexa Cheater Wouldn’t it be nice if your supply chain actually performed the way you designed it to? Supply chain perfection just got one step closer with the Self-Healing Supply Chain and its ability to improve supply chain design assumptions.

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.

Gaining Clarity on Inventory Effectiveness

Supply Chain Shaman

I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. The tension I felt reading the brochure on the plane is what I believe every supply chain leader feels every day.

Still managing your inventory with spreadsheets?

ToolsGroup

Most companies are still trying to use Excel to optimize their inventories. Supply Chain Insights’ 2018 Inventory Optimization Technologies Study suggests the number may be as high as 75%. Most supply chains are complex and getting more so.

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. Inventory Turns.

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.

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.

SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

As supply chain clichés take flight, clients struggle with execution. One of these concepts that I hear a lot; but see few tangible examples, is the idea of “customer-segmented supply chain.” The discussion of customer-segmented supply chains happens often.

Taking a Holistic View on Inventory May Lead to Change in Strategy

Talking Logistics

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions.

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. Halo Demand Sensing helps companies harness short-term demand signals to more effectively deploy inventory into high-priority channels and locations.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Complete one-on-one meetings.

Four Inventory Optimization Questions Every Life Sciences Supply Chain Team Should Ask Itself

Logility

How do you know if meaningful inventory optimization is possible for your life sciences organization? Supply chains in all branches of the industry involve high-value, high-margin items that tend to trap large amounts of working capital in excess inventory, so the potential benefit is real.

Four Inventory Optimization Questions Every Life Sciences Supply Chain Team Should Ask Itself

Logility

How do you know if meaningful inventory optimization is possible for your life sciences organization? Supply chains in all branches of the industry involve high-value, high-margin items that tend to trap large amounts of working capital in excess inventory, so the potential benefit is real.

7 Key Factors that Underpin the Success of your Inventory Optimization Initiative

Supply Chain Opz

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service. In this article we will examine inventory optimization processes as part of a structured sequential journey and examine seven of the key factors in delivering the optimal mix of stock.

Rockwell Automation: A Case Study in Supply Chain Excellence

Supply Chain Shaman

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC).

Making Food & Beverage Supply Chains Pay

IQMS

Bottom Line: High performance, integrated food & beverage supply chains are the lifeblood of successful manufacturers in the industry, enabling them to flex in response to customer demand. What Matters Most In A Food & Beverage Supply Chain Management System.

Renegade Riposte

Supply Chain Shaman

In the supply chain, the questions do not change; but the answers do. Quote from a Supply Chain Leader at a Conference in Europe. We developed the Supply Chain Index in 2014 as a way to measure supply chain improvement at a balance sheet level.

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.

Eliminating the blind spot: Insights into supplier’s production reduce inventories, lower risks & save costs

SupplyOn

Connecting to the supplier’s MES helps to reduce inventories and ensure supply reliability while allowing for high levels of product customization A leading aerospace company optimized its global supply chain with SupplyOn through an innovative Industry 4.0 The result is transparency and trend feedback – enabling stock reduction and increased supply reliability. ect along the entire supply chain, starting with the OEM.

Church & Dwight Improves Forecasting

Supply Chain Movement

Church & Dwight Co, a manufacturer of household and personal care products, has selected Terra Technology’s Demand Sensing and Multi-Enterprise Inventory Optimization to lower inventory while ensuring high service levels. This new level of accuracy combined with inventory optimization will allow us to improve customer service commitments with less stock, improve supply chain efficiency, and lower operating costs.

Process Chemicals – A Complex Supply Chain in Motion

Logility

The supply chain that supports these complex facilities are also in continuous motion. As these trends strain industry revenues and margins, mature supply chain capabilities can provide a competitive advantage in both bottom-line costs and top-line revenues.

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.

Process Chemicals — A Complex Supply Chain in Motion

Logility

The supply chain that supports these complex facilities are also in continuous motion. As these trends strain industry revenues and margins, mature supply chain capabilities can provide a competitive advantage in both bottom-line costs and top-line revenues.

Supply Chain Priorities: Seven Things That Matter Most

ToolsGroup

A recent Gartner study, conducted annually, sheds some light on what matters most to top executives in supply chain technology. Regardless of the trend “ du jour” in supply chain, Klappich says that “strategic gravity” consistently pulls companies back to the fundamentals.

Solving the Supply Chain Planning Puzzle

Logility

To survive in today’s highly competitive global environment, manufacturers need to piece together the many parts of the supply chain puzzle to lay the foundation for more mature capabilities in the future. Accurate demand forecasts lay the foundation for an effective supply chain.

The CFO and the Supply Chain

Logility

CFOs strongly believe good supply chain performance is vital to financial success and studies have shown a majority of CFOs believe the supply chain is directly linked to their ability to meet corporate objectives. Rising supply chain management costs.

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.

Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). For the past 30 years I have been involved with multiple efforts to build a set of supply chain metrics and have learned a few things along the way.

Reducing Working Capital in Supply Chains

Logistics Bureau

Is it a good idea to reduce working capital in a supply chain? However, it corresponds to the amount of money you need to keep your supply chain working, so in reality you want to decrease it – without hurting supply chain performance, of course.

Solving the Supply Chain Planning Puzzle

Logility

To survive in today’s highly competitive global environment, manufacturers need to piece together the many parts of the supply chain puzzle to lay the foundation for more mature capabilities in the future. Accurate demand forecasts lay the foundation for an effective supply chain.

New Bookends: The Tale of Supply Chain Global Leaders in Consumer Products

Supply Chain Shaman

These consumer products global leaders paved the road for supply chain excellence by defining new supply chain practices. Today, each leader wants to take their empowered team to new supply chain heights. Unilever Year-over-Year Performance.

Global 322

S&OP, SIOP, IBP, MIOE - A Supply Chain Rose by Any Other Name

Logility

Hundreds of companies struggling to improve their supply chain performance have adopted an effective business decision-making process to balance and align demand and supply. Some call it Sales, Inventory and Operations Planning (SIOP).

Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

These companies had to haul expedited shipments by truck so they could keep their production lines running and, in turn, meet the commitments to their customers. This has led to increased costs, not to mention all the inventory stuck in-transit.

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.

Supply Chain Design

LeanCor

What is Supply Chain Design? What is supply chain design? Supply chain design refers to the development of the framework that information and products travel from supplier to customer and back to the supplier again. Or should the supply chain be agile?

The Secret of Getting Ahead (Takeaways from Command Alkon ELEVATE 2018 Conference)

Talking Logistics

Last November, executives from all segments of the Heavy Building Materials (HBM) ecosystem got together at the inaugural Leadership Roundtable meeting organized by Command Alkon (a Talking Logistics sponsor) to discuss a couple of simple questions: Are there opportunities to elevate the performance of the HBM industry? I had the opportunity to once again moderate this year’s meeting and I answered that question by quoting Mark Twain: The secret of getting ahead is getting started.