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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. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Cost reduction is still very important.

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A New Decade: Give Science A Chance

Supply Chain Shaman

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

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Lora Cecere on Supply Chain Metrics that Matter

AIMMS

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. Not understanding that supply chain is a complex system.

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Give Analytics A Chance

Supply Chain Shaman

The United States is late in investing in port infrastructure. Container inventory is imbalanced. Fourteen of twenty-eight industries have rising inventories. Figure 1: Current State of a Global Manufacturer of White Goods. Traditional systems distort market signals. Volume is up. All are out of balance.

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Give Analytics A Chance

Supply Chain Shaman

The United States is late in investing in port infrastructure. Container inventory is imbalanced. Fourteen of twenty-eight industries have rising inventories. Figure 1: Current State of a Global Manufacturer of White Goods. Traditional systems distort market signals. Volume is up. All are out of balance.

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Guest Post: Ignoring this Performance Metric is Risky

TMC

Companies can then prioritize their mitigation efforts based on parameters such as value-at-risk, customer importance, and field inventory. Some companies have developed internal monitoring systems that track the status of assets over extremely wide areas. Walgreens estimates that this system saved it $3.6

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Navigating the Supply Chain Management Fault Line

Supply Chain Shaman

Drones in warehouses using machine learning for real-time inventory and self-driving vehicles are transforming logistics. System integrators/consultants building software is also not a sustainable/viable model. If you are in the United States have a great Thanksgiving. The Autonomous Supply Chain for Physical Logistics.