Unleashed

FEBRUARY 12, 2023

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Why is it important to track cash flow metrics?

Procurement Analytics 52

Procurement Analytics Metrics Expense Reduction Inventory Reduction 52

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Isn’t time important? Shouldn’t time, both international and domestic, be measured? Absolutely time is a critical component of measuring supply chain performance. What kinds of "time" measurements exist? We just can’t forget cost reduction.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Collaborator

NOVEMBER 16, 2017

The bellwether metric – spot rates – are pegging the meter. In a feature that could have just as easily been published in the Supply Chain Collaborator blog, FSA mag highlights the value of what they refer to as “Scheduled Transportation Planning”. The module also records time stamped pickup and delivery confirmations.

Just-in-Time 60

Just-in-Time Negotiating Skills Transportation Purchasing Skills 60

ToolsGroup

JANUARY 30, 2024

Smart retailers are planning their wholesale channels just as strategically as they leverage storefronts and e-commerce. The challenge for retailers is that many planning tools treat wholesale as just another channel, missing the nuances that effective wholesale planning requires. In ToolsGroup’s latest JustEnough release, JE v2023.4,

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 156

Supply Chain Shaman

NOVEMBER 21, 2023

My client attempted to have a supply chain discussion to improve flow, and his executive group just did not get it. I was promoted to run the warehouse, and at the time, I had no experience in distribution, but was asked to run the largest distribution center in the system. The metrics were not aligned. Yes, I am that old.)

Supply Chain Planning Software 313

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Cost Reduction Strategies 313

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. Days Sales of Inventory is a calculation to work out the average period of time (in days) that it takes for a business to sell its products or inventory.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

QAD

JULY 1, 2021

Total manufacturing costs showcase how much your company spent to produce its inventory in a given period of time. This is not to be confused with the cost of goods manufactured (COGM), which refers to just the cost of inventory that was finished and prepared for the sale in the period. What are Direct Materials?

Manufacturing Procurement 90

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 90

ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance.

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Supply Chain Shaman

JANUARY 2, 2024

The time gave me a good time to reflect and finish the reports that I should have completed in the summer when I recovered from Uterine Cancer. The time gave me a good time to reflect and finish the reports that I should have completed in the summer when I recovered from Uterine Cancer. As I write, I scratch my head.

Gartner 266

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 266

CHAINalytics

MAY 1, 2023

The ongoing pandemic, global and regional conflicts, and economic turbulence are just a few pervasive supply chain risks impacting critical customer, operational, and business metrics. Supply chain resiliency is central to … The post De-Risking Supply Chains in 2023: Just-in-Time or Just-in-Case?

Just-in-Time 148

Just-in-Time Supply Chain Planning Supply Chain Metrics 148

Supply Chain Movement

DECEMBER 8, 2014

Supply Chain Metrics That Matter makes this truth clear enough with its thorough analysis of recent multi-industry performance trends. Supply Chain Metrics That Matter was written to guide businesses through the change process with a measurementbased outlook that will help any organization stand the test of time.

Metrics 120

Metrics Supply Chain Design Software Gartner Supply Chain Design 120

Talking Logistics

SEPTEMBER 12, 2017

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. As a leader, you need many tools to eliminate this mindset.

Metrics 106

Metrics Supply Chain Planning Software Supply Chain Software Supply Chain Planning 106

Supply Chain Shaman

JANUARY 9, 2024

The companies with the strongest year-over-year performance (placing in the winner’s circle for six more times in ten years) are Apple, L’Oreal, Nike, Paccar, TJX, and TSMC. Supply Chains to Admire Winners 2023 Examine Your Own Paradigm. How Do You Define Excellence? Humility exudes from my fingers as I type this post.

Supply Chain Planning Software 281

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 281

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Thanks for your time today. Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. People like stories.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Process latency, the time for an organization to make a decision using a traditional S&OP process, is two-to-six weeks. The traditional leader values cost reduction but is blind on how to value time. Unrest in Sudan.

Supply Chain Planning Software 362

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 362

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). The use of market data decreases demand latency (time to sense and translate market shifts). The reason?

Supply Chain Planning Software 368

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 368

Logility

AUGUST 7, 2023

Just think about the last time you brought your car to the service or asked a service for your dishwasher only to hear, that the part required to fix the problem was not available and had to be ordered from the central warehouse and it would take a few days. What did you think about that? Have you looked into inventory solutions?

Customer Service 214

Customer Service Supply Chain Planning Software Optimization Software Supply Chain Optimization 214

Logility

JANUARY 26, 2017

” This holds just as true today as the day it was first said. 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. When it comes to supply chain metrics, “beauty is in the eye of the beholder.”

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Supply Chain Shaman

MARCH 21, 2024

At the time, many business leaders did not know how to type and had no idea how to use a computer. Taxonomy of Outside-in Planning Based on the Art of the Possible To accomplish this goal, we need to discard the current crawl, walk, and run models and just jump. During the 1980s, I was on a management team for a large manufacturer.

Inventory Reduction 376

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 376

Logistics Viewpoints

JUNE 19, 2023

These same pundits also predict that AI could lead to increases in global GDP by trillions of dollars in the same time frame. A true WMS is a real-time system. A real-time WMS can achieve inventory accuracy of 99.9% For fulfillment to be efficient, a warehouse needs the right inventory located in the right slots in a warehouse.

Supply Chain Design Software 238

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 238

Supply Chain Shaman

FEBRUARY 18, 2021

The output was just not helpful. We have too hard-wired solutions bolted into IT architectures to enable the flexibility needed by business leaders during times of high variability. Over time, this changed. The Covid-19 pandemic tested the global supply chain. It will not be over soon. The reason?

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 267

Supply Chain Shaman

DECEMBER 28, 2020

We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away. When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. My focus was simple.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

DELMIA Quintiq

MARCH 29, 2023

In fact, the outperforming logistics vendors today (based on profitability and revenue growth metrics) are the ones that were extra cautious on capital expenditure in the years following the recession. However, the expenditure on goods resumed to the pre-pandemic level within just a few months.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Demand Planning Software 156

Logistics Viewpoints

MARCH 25, 2024

Increasingly, large enterprises have decided to do just that. It would be cheaper to build just one multi-tenant solution,” Kevin Samuelson the CEO of Infor explained. “But This in turn rests on developing solutions far more industry-focused than their competitors. But it would not be as good for our customers.” Infor does as well.

Vendor Strategies 226

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 226

Logistics Viewpoints

FEBRUARY 2, 2024

In some sort or another, Punxsutawney Phil has been predicting the weather since 1890, and let’s just say that his record is iffy at best. ” I assume that Phil tries to ignore the pomp and circumstance of how his shadow would determine the upcoming weather pattern, and just wants more sleep (like the rest of us on a cold winter’s day).

Cost Reduction Strategies 235

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Logistics 235

BlueYonder

APRIL 9, 2024

And, in recent times, this has made the critical notion of sustainability an equally vast challenge. And they come from shareholders who realize that sustainability doesn’t just implicate the environment — it means complete futureproofing across the business, people and planet. The former deadline isn’t far away.

Optimal Sourcing 103

Optimal Sourcing Sustainability Material Savings Waste Reduction 103

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. What is On Time in Full? OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Logility

AUGUST 25, 2020

Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. While Key Performance Indicators (KPIs) may be reviewed quarterly or monthly, the speed with which supply chain operations occur makes a daily view of more tactical and operational metrics a growing necessity.

Supply Chain Planning Software 173

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

Logistics Viewpoints

OCTOBER 26, 2023

That’s why I value the time I get with CIOs every bit as much as I value time with CFOs, CSCOs and supply chain professionals of every stripe. We’re just not meeting customer expectations. So why are so many still falling short of OTIF targets (and other key metrics)? What does that look like? Let’s go back to OTIF.

Supply Chain Planning Software 200

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 200

Logistics Viewpoints

FEBRUARY 16, 2021

With this information, are you any closer to knowing what to do about it, or have you just enriched your ability to admire your problem and see it close up? In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. Agility to act on transparency.

Supply Chain Visibility 285

Supply Chain Visibility Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning 285

Logistics Viewpoints

FEBRUARY 15, 2023

The survey is structured to determine the relative importance of competing objectives, how the importance has changed over time and why; the degree to which certain external factors (resource shortages, cost inflation, etc.) However, supply chain resilience is more than just a concept to practitioners.

Supply Chain Planning 198

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 198

Logistics Viewpoints

SEPTEMBER 4, 2023

A 95% on time delivery metric – very high performance – is just not good enough for Simmons. When it comes to delivery to their own production facilities, “on time” is defined as the truck being at the dock at its appointment time. For their customers, “on time” is customer defined.

Procurement Solutions 204

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 204

Logility

AUGUST 18, 2023

Despite these challenges, integrating supply chain planning into your corporate strategy isn’t just an operational imperative — it’s a critical strategic move that can drive your supply chain performance forward. Each of these hurdles presents its own unique issues that can disrupt alignment and hamper efficiency.

Supply Chain Performance 188

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 188

Logistics Viewpoints

FEBRUARY 3, 2022

Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. My great-aunt Ione, who lived to be 103, quit smoking at 97, which prompted the question “why now?”

Inventory Reduction 291

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 291

Silvon Software

MARCH 3, 2023

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals.

S&OP 111

S&OP Procurement Analytics Supply and Demand Analytics Software 111

Logistics Viewpoints

NOVEMBER 14, 2022

But even in more normal times, a supply plan usually can’t be fully executed. The network supports a wide array of messaging types including real-time GPS, EDI, and API-based capacity requests, bookings, statuses, and customs messages. Real-time location and IoT data such as condition statuses (e.g., Stuff happens.

Agile and Lean Supply Chain 225

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 225