Remove Inventory Remove Metrics Remove Supply Chain Performance Remove Transportation
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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

We stubbed our toe in supply chain management at the beginning of the decade. Facing The Issues of Supply Chain Performance. As I work through this year’s Supply Chains to Admire , I cannot help but shake my head. The black veil of the pandemic is a supply chain wake-up call to build better.

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

GlobalTranz

Is cost reduction all that there is in measuring Supply Chain performance? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. Review Inventory turns and Return on Assets.

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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

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?”

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3 Ways to Benchmark to Boost Supply Chain Performance

Logistics Bureau

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.

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Supporting S&OP with Stakeholder & Supply Chain KPIs

Silvon Software

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.

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

Logility

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).