GlobalTranz

OCTOBER 21, 2015

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . How does an SLA work with Key Performance Indicators (KPIs)? The more KPIs, the more difficult the negotiation process. All KPIS have metrics to measure.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Supply Chain Brain

MARCH 13, 2024

Half of supply chain leaders surveyed say they’re already working on plans to implement GenAI in the next 12 months.

KPI 111

KPI Report Survey Supply Chain Planning 111

Amware Logistics and Fulfillment

NOVEMBER 7, 2023

In this article, we look at why the order accuracy KPI is so critical, current standards for order accuracy, and how technology plays a role in driving this metric up and to the right. Order accuracy is a critical metric, but it’s far more than that. It's a pivotal factor in the overall customer experience.

KPI 117

KPI Metrics Warehousing 117

Logistics Bureau

OCTOBER 9, 2017

What is a KPI? What is a KPI? Can you explain what a KPI is? Take the notion of a KPI or key performance indicator, for example. You’ll hear a lot in different organisations about KPIs, but that doesn’t mean they are always used effectively. As the name indicates, KPIs concern “key” areas of the business.

KPI 40

KPI Supply Chain Planning Supply Chain Metrics 40

DELMIA Quintiq

DECEMBER 1, 2021

With KPI-based planning, your planners can minimize empty miles and identify the most efficient route plans, enabling your organization to make the same number of deliveries with less resources and fewer drivers. DELMIA’s Last Mile planning solution has helped many logistics companies handle high-volume operations with ease.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Logistics Network Optimization Software Resource Reduction 296

Amware Logistics and Fulfillment

NOVEMBER 7, 2023

In this article, we look at why the order accuracy KPI is so critical, current standards for order accuracy, and how technology plays a role in driving this metric up and to the right. Order accuracy is a critical metric, but it’s far more than that. It's a pivotal factor in the overall customer experience.

KPI 62

KPI Metrics Warehousing 62

Americold

SEPTEMBER 24, 2020

Last month we detailed the Americold Operating System (AOS) – our unique business ecosystem – and the operational rigor it promotes among and between Americold’s network of integrated temperature-controlled warehouses. Read more here.

KPI 76

KPI Supply Chain Network Software System Warehousing 76

GlobalTranz

DECEMBER 8, 2017

The perfect order KPI tracks the overall accuracy and timeliness of each shipment. Perfect Order KPI = On-Time Delivery and Shipment KPI x Complete Order Percentage x Damage-Free Percentage x Accurate Invoicing Percentage. To calculate the perfect order percentage, one must understand the on-time KPI.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Software KPI Supply Chain Design 170

SCMDOJO

JUNE 6, 2023

One such tool is the Logistics KPI Dashboard Excel Template, which provides data on key metrics and helps identify areas for improvement. This customizable Excel tool provides a clear definition and measurement of KPIs, helping you keep your targets SMART and drive continuous improvement.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

Silvon Software

SEPTEMBER 26, 2023

In this 3-minute post, we examine some key business objectives and cascading KPIs that can be used to analyze performance to the objectives. While many of the KPI examples focus on performance management for manufacturing and distribution businesses, they also apply to numerous other industries with similar operational structures.

Procurement Analytics 94

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 94

SupplyOn

JANUARY 23, 2018

Situations can be by far more complex or even worse: Such as when KPIs do not really measure things the way they should with regard to the strategic goals… But let us stop here for the moment. You know better than anyone else in your organization where you stand regarding the KPI Mille-Feuille. appeared first on SupplyOn.

KPI 40

KPI Analytics Software Just-in-Time Modeling Software 40

DELMIA Quintiq

JUNE 30, 2020

KPI-specific planning The quality of the generated plan is measured against various company-specific KPIs, ensuring adherence to the most significant business goals. Sustainability-focused planning The solution supports management of electric vehicles and low-emission zones through CO 2 emission-based optimization.

Supply Chain Planning Software 287

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 287

Silvon Software

FEBRUARY 23, 2023

Following are a few examples that illustrate the KRI / KPI relationship: A KPI may be used to measure IT system performance while a complementary KRI tracks vulnerability to cyberattacks. A KPI might measure staff engagement or satisfaction while monitoring the likelihood of losing key staff and risking labor shortages as KRIs.

Procurement Analytics 64

Procurement Analytics KPI Analytics Software Supply Chain Planning Software 64

Silvon Software

JULY 22, 2022

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Why is KPI tracking so important in supply chain management? Inventory KPIs and Metrics for Managing Supply Chain Performance.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Logistics Bureau

OCTOBER 20, 2021

The components of the perfect order KPI are as follows: On-time delivery: A calculation of the percentage of sales orders that arrive on time. In full delivery: This KPI tracks the percentage of sales orders that are delivered completely, meaning that the customer receives the correct items, in the right quantities.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Supply Chain Game Changer

MARCH 2, 2022

By improving last-mile visibility with cutting-edge analytics software, you can boost your business’ productivity and customer satisfaction and loyalty, as well as benefit from accurate KPI benchmarking. Accurate KPI benchmarking. Strong last-mile visibility also helps your business facilitate accurate KPI benchmarking.

Real-time Visibility 88

Real-time Visibility Predictive Analytics Software KPI Optimization Software 88

Enchange Supply Chain Consultancy

MARCH 16, 2016

For a change, UK has been my base for a few weeks and even in that short time I have started to genuinely think I must now be a different nationality if not from a different planet. When my denim jeans rip at the knees it is time to throw them out. I do not have a badly drawn and inappropriately placed tattoo.

KPI 80

KPI Supply Chain Supply and Demand S&OP 80

Silvon Software

JUNE 1, 2023

Remember that you can update your KPI selection at any time, so remain open to replacing ineffective metrics. The most important aspect to remember is that KPIs should align with your business strategy. Also, establish regular reporting cycles and automated data capture to ensure timely and accurate KPI monitoring.

S&OP 93

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

Logistics Bureau

MARCH 15, 2022

Related articles on this topic have appeared throughout our website, check them out: How to Select the Right KPIs for Supply Chain Benchmarking. KPI Key Performance Indicators in Supply Chain & Logistics. Know Your Supply Chain KPIs – Procurement. The Best KPI: The Probability of a Perfect Order.

Benchmarking 74

Benchmarking KPI Supply Chain Supply Chain Performance 74

Logistics Bureau

NOVEMBER 8, 2021

But perhaps surprisingly, in our work, we come across a substantial number of businesses that struggle with KPI selection and use. If yours is not one of those businesses, and you’re confident in your KPI suite and the relevance of the data it provides, congratulations! What Makes a “Right” KPI? You’re in a good place.

Benchmarking 67

Benchmarking KPI Supply Chain Strategy Supply Chain Software 67

Requis

NOVEMBER 3, 2022

Enterprises need a KPI t hat transforms supply chain s to be more circular in resource consumption and management . The circularity ratio is the latest KPI which can revolutionize the circular economy. A simple, practical, easy-to-implement KPI is needed that promotes moving from linear waste systems to circular supply chains. .

KPI 52

KPI Global Benchmarking Metrics 52

DELMIA Quintiq

MARCH 4, 2021

It offers all supply chain partners new ways of collaborating, smarter methods for managing data, more actionable KPI monitoring and faster decision making based on simulating what-if scenarios, to keep pace with all changes in supply and demand.

Optimal Sourcing 296

Optimal Sourcing Supply Chain Planning Software Scenario Planning Global 296

Logistics Bureau

AUGUST 2, 2021

Nevertheless, each of them has a valuable part to play in customer-focused performance measurement and is therefore worth including in your KPI portfolio. For that reason, the emergency purchase rate KPI is one you should certainly be keeping an eye on. Other Supply Chain KPIs Procurement Teams Should Track. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Precoro

JULY 16, 2023

Performance and Reliability of Contracted Suppliers This KPI is a reflection of how efficiently the company cooperates with the contracted suppliers. Emergency Purchase Rate This KPI helps purchasing managers measure how successful they are at handling unforeseen procurement needs. Is the budget negotiable?

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

GlobalTranz

JANUARY 4, 2017

Metric: Goal/KPI: Zero quality reports upon the receipt of goods at Warehouse or ultimate consumer; Embedded 3PL rep to help improve 3PL service by monitoring 3PL deliveries and daily service. Leading/lagging indicators: KPIS for continuous improvement in problem/process issues; collaboration, transparency, and partnering.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

The Logistics of Logistics

OCTOBER 8, 2012

When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Cash to Cash Cycle Time (Cash).

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

DELMIA Quintiq

JANUARY 14, 2014

In an article entitled ‘ Metric Strategies and Supply Chain Performance ’ Gilmore suggests that many companies have KPI targets that are too low. Assuming that all the right supply chain KPIs are in place, what kind of result should you be aiming for? It’s one thing to say that the present KPI targets are too low.

Supply Chain Planning Software 222

Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning Supply Chain Strategy 222

Logistics Bureau

AUGUST 23, 2022

KPIs for Your Warehouse: How to Choose and Use Them. KPI Key Performance Indicators in Supply Chain & Logistics. A Concise Guide to Inventory KPIs for Your Business. 11 Golden Rules for Meaningful Supply Chain KPIs.

KPI 79

KPI Metrics Supply Chain Warehousing 79

Intelligent Audit

DECEMBER 10, 2020

That’s why shippers need to track shipping data and the supply chain KPI values that affect both throughput and financial stability. We will take a closer look at the leading throughput supply chain KPIs needed for success for this two-part series. The so-called perfect order metric is the ideal supply chain KPI.

Supply Chain Software 52

Supply Chain Software KPI Supply Chain Optimization Supply Chain Strategy 52

QAD

APRIL 18, 2023

The new feature that pushes supplier quality KPI data to Supplier Relationship Management (SRM) for supplier scorecards is also a major improvement, helping suppliers to track and manage their performance.

Supply Chain Design Software 93

Supply Chain Design Software Supply Chain Planning Software KPI Quality 93

Logistics Bureau

SEPTEMBER 28, 2021

Related articles on this topic have appeared throughout our website, check them out: 11 Golden Rules for Meaningful Supply Chain KPIs. KPI Key Performance Indicators in Supply Chain & Logistics. Those might be the best things to measure. Best Regards, Rob O’Byrne. Email: robyrne@logisticsbureau.com. Phone: +61 417 417 307.

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KPI Supply Chain Logistics How To 73

Logistics Viewpoints

JANUARY 18, 2024

These insights result in input data corrections, algorithm enhancements, process improvements, and KPI target changes. AI algorithms process this vast amount of data for root-cause analyses and alerts, for example, lower UARs than expected, high forecast bias, and low forecast value-add.

Supply Chain Software 247

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 247

ivalua

AUGUST 21, 2022

52% of procurement leaders in our survey point to the fact that their organizations do not provide the profession with incentives to reduce their carbon footprint – to the extent that sustainability is not even considered as a KPI. However, obstacles to meeting such pledges remain.

Sourcing Strategies 240

Sourcing Strategies Optimal Sourcing Sustainability Supply Chain Strategy 240

DELMIA Quintiq

JANUARY 11, 2021

Planners can even incorporate KPI-driven capacity monitoring to understand the impact of their decisions on manufacturing indicators, as well as cost-driven supply planning to optimize costs.

Modeling 268

Modeling Scenario Planning Optimization Modeling Supply Chain Optimization 268

Logistics Bureau

NOVEMBER 9, 2021

Related articles on this topic have appeared throughout our website, check them out: How to Select the Right KPIs for Supply Chain Benchmarking. 11 Golden Rules for Meaningful Supply Chain KPIs. KPI Key Performance Indicators in Supply Chain & Logistics. Know Your Supply Chain KPIs – Procurement.

Benchmarking 88

Benchmarking KPI Supply Chain Performance Procurement 88

ToolsGroup

NOVEMBER 2, 2020

Ultimately, they were able to increase their statistical forecast accuracy by 3.2% (KPI: WMAPE) within six months of the French pilot project’s beginning. Read the full Melitta case study below. Read Case Study. Gartner: Keys to Solving the Top S&OP Challenges; Refreshed 29 October 2019, Published 12 June 2018.

Forecasting 287

Forecasting Forecasting Software Optimal Sourcing S&OP 287