Kinaxis

JUNE 7, 2018

They’d be able to identify the root cause of the discrepancy between the reality and expected performance “so that corrective action could help return the system to a more ideal state.” . Interested in learning more about improving your supply chain performance?

Supply Chain Design Software 135

Supply Chain Design Software Supply Chain Design Supply Chain Performance Supply Chain Planning Software 135

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Inventory Turns and Sales-to-Inventory Ratio.

Manufacturing Procurement 86

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 86

Supply Chain Shaman

JANUARY 9, 2024

An average margin of 21% with inventory turns of 1.58 show a clear gap in performance. Yet, you will find the past executives from Sanofi speak openly on event stages about their journey on supply chain excellence as winning performance. The group’s response is, “Are these supply chain metrics?”

Supply Chain Planning Software 287

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 287

Logistics Bureau

APRIL 19, 2021

You will learn how you can significantly boost your supply chain performance—and in the process identify numerous cost-saving opportunities. What would be the key number, or metric that you would need to know? You might start to measure the same metrics and see which one is performing better.

Benchmarking 98

Benchmarking Supply Chain Performance Supply Chain Exercises 98

Supply Chain Shaman

JULY 25, 2021

The potential for supply chain performance declined in each of these industries. In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. While market potential declined, individual company performance declined faster. The reason?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Supply Chain Shaman

JUNE 29, 2021

Each year, we compile a list of top-performing Supply Chains, termed the Supply Chains to Admire. What is the best supply chain technology? There is no correlation between types of technology—company or brand—and supply chain performance.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 369

Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs).

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Supply Chain Shaman

DECEMBER 28, 2020

Strangely, in the last decade, while companies had the opportunity to use technology better, supply chain performance declined. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. Days of Inventory Comparison.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. The most important aspect to remember is that KPIs should align with your business strategy.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

ToolsGroup

JUNE 6, 2023

MILAN and BOSTON – June 6, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is thrilled to announce it has been selected by D.I.MAR, an Italian leader in the frozen food industry, to heighten its supply chain performance, bolster supplier relationships, and drive enhanced business results.

ToolsGroup 156

ToolsGroup Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 156

Supply Chain Shaman

MAY 1, 2023

Certain supply chains like maintenance parts, designer/fashion items, new product launches, and food service items must be managed in an agile supply chain. As shown in Figure 2, in a recent survey, we find that only 23% of companies are clear on the role of the supply chain as it ties to the business strategy.

Inventory Reduction 241

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 241

Logility

AUGUST 25, 2020

in inventory write-down and 20% drop in stock value. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Functions of the Supply Chain Department The supply chain department is responsible for a wide range of functions, each contributing to the overall efficiency of the supply chain.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

AUGUST 12, 2020

The first step was to charter a research project with the Arizona State University statistics department to analyze which combination of metrics drives the highest market capitalization. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result? The reason?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. What is On Time in Full?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Supply Chain Shaman

MARCH 28, 2016

Historically, the traditional supply chain focused on improving costs. Today, more mature supply chain teams focus on delivering value. While companies want to improve supply chain performance and drive value, it is easier said than done. Supply Chain Organizations By The Numbers.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Clear Spider

OCTOBER 26, 2022

For many of these successful companies, a Vendor Managed Inventory (VMI) system is the secret to their enviable growth. To break it down, efficient supply chain and inventory management practices should do two things: minimize inventory costs and maximize profits. Why Vendor Managed Inventory?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

Logility

MARCH 21, 2023

Driving business goals from the same language With an IBP platform, CFOs and CSCOs can leverage financial targets and supply chain performance to inform their strategies, as demonstrated by the following business scenarios.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Scenario Planning Supply Chain Planning 130

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

Supply Chain Matters

FEBRUARY 22, 2024

Supply Chain Matters provides highlights and added perspectives to retailer Walmart’s report of Q4 and Fiscal 2024 financial and operational performance. Added Commentary Regarding overall performance, President and CEO Doug McMillon indicated: “ Our team delivered a great quarter, finishing off a strong year.

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

Supply Chain Shaman

SEPTEMBER 20, 2015

Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. For many companies starting a demand-driven journey, adopting SanDisk’s customer-centric strategies would be a great starting point to improve supply chain performance.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” The supply chain is a complex system with increasing complexity.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

DELMIA Quintiq

JUNE 21, 2021

In this new, connected world, the Warehouse of the Future is about achieving key operational metrics and exceeding customer service requirements more profitably while supporting sustainability goals. This helps in optimizing inventory management as well as in making the warehouse safer while increasing visibility.

Inventory Management Software 156

Inventory Management Software Optimization Software Supply Chain Planning Software Supply Chain Software 156

Logility

JANUARY 14, 2020

Year after year, survey after survey, forecast accuracy continues to be one of the top metrics for measuring supply chain performance. A digital platform can give you the ability to make decisions faster or to ensure the right inventory is placed when and where it has the greatest margin potential.

Supply and Demand 130

Supply and Demand Forecasting Demand Planning Modeling 130

Logility

SEPTEMBER 5, 2013

He gave the supply chain team what they needed to do their jobs but also ended up creating the ‘one version of the truth’ the demand planning team, the supply side, and eventually management used to collaborate and run the business. Inventory and costs go down increasing your asset turns and margins.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software KPI Supply Chain Software 100

Logility

SEPTEMBER 5, 2013

He gave the supply chain team what they needed to do their jobs but also ended up creating the ‘one version of the truth’ the demand planning team, the supply side, and eventually management used to collaborate and run the business. Inventory and costs go down increasing your asset turns and margins.

Supply Chain Performance 100

Supply Chain Performance Supply Chain Planning Software KPI Supply Chain Software 100

Supply Chain Shaman

JUNE 15, 2018

My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. An avid student of supply chain performance, I have asked the question of What makes a “supply chain leader” for the last six years.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

QAD

JUNE 20, 2023

A well-functioning supply chain ensures that a company has the right materials, at the right time, in the right quantities, to meet customer demand. One area that is often overlooked is the impact that the plant floor can have on overall supply chain performance and success.

Optimal Sourcing 90

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 90

Vecco International

FEBRUARY 4, 2024

This demands strong forecasting capabilities, and a very tightly controlled end-to-end supply chain. Vecco provides mission critical end-to-end visibility and response capabilities to manage inventory. Vecco empowers companies to monitor and manage their supply chain performance.

Beverage 40

Beverage Food Supply Chain Planning Software Manufacturing Procurement 40

Supply Chain Shaman

JUNE 7, 2021

Over the last decade, supply chain performance regressed. Companies entered the pandemic with twenty more days of inventory than at the beginning of the great recession. Currently, supply chain performance is a barrier to economic recovery. Reflection.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

SYSPRO Smarter ERP

APRIL 24, 2023

SCOR Processes To measure and monitor the performance of these processes, the SCOR model also has metrics which can be used for supply chain performance — Reliability, Responsiveness, Agility, Cost, Profit, and Asset Management, and has recently added metrics for Environmental and Social attributes.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. The supply chain is a complex, non-linear system. The supply chain is a complex, non-linear system. Companies balance supply chain metrics better in good times than bad.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

Silvon Software

AUGUST 8, 2022

While beneficial, this also brings added complexity to the supply chain in a number of ways. To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

PINC

AUGUST 3, 2020

and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. Supply chain complexity is increasing as customers demand a wider selection of products, a broader choice of channels, and more promotional offers. McKinsey & Co.,

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

Supply Chain Game Changer

JULY 21, 2021

Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Demand Solutions

DECEMBER 30, 2014

Over my next few articles, I’ll share some tips on the kinds of resolutions you can put in place to get your supply chain performance back on track in 2015. Of course, if your supply chain is already humming, then these tips can help you achieve even greater levels of performance.

Forecasting 190

Forecasting Supply Chain Planning Supply and Demand Scenario Planning 190