DELMIA Quintiq

JANUARY 11, 2021

Optimizing your S&OP process allows you to meet your business goals or better yet, exceed them, and increase profit. 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

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. Transparently communicate the progress and performance of your organization in meeting stakeholder expectations.

S&OP 93

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

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. Delays in supply deliveries, on the other hand, can lead to downtime at the manufacturing step and cause setbacks in meeting final customer expectations.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

ivalua

AUGUST 21, 2022

However, obstacles to meeting such pledges remain. 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.

Sourcing Strategies 240

Sourcing Strategies Optimal Sourcing Sustainability Supply Chain Strategy 240

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

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? Customer Order Cycle Time. Days Sales Outstanding (DSO).

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

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. Safety on forklifts; Safety marking/Lines throughout the organization; Safety Signage; Safety Meetings to review Safety Management Monthly.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

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

The Logistics of Logistics

JANUARY 26, 2016

Below are five KPIs to closely monitor in your warehouse: 1. Your capacity to meet customer demands hinges on your ability to accurately report inventory. Inventory tracking software is an excellent way to keep a close eye on inventory and measure it as a KPI. This KPI is specific to actual storage systems.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

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

SCMDOJO

FEBRUARY 20, 2023

The key is to balance having enough stock on hand to meet customer demand without maintaining excess inventory. By regularly measuring these KPIs against expected goals and making adjustments as necessary, businesses can ensure that their distribution process runs smoothly and efficiently. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

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

Logility

APRIL 2, 2020

Lastly, develop Key Performance Indicators (KPIs) around those measures. A good KPI will be measurable against some benchmark or criteria. It’s relatively easy to identify a large number of KPIs to monitor – but it can be a lot harder to capture the data you’ll need. Featured Download. First Name * Last Name * Email *.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

Techgistics

APRIL 30, 2023

Additionally, Open APIs allow for extensibility which facilitates the integration of third-party tools and services, enabling a higher level of automation and making the solution more adaptable and scalable to meet evolving business needs.

Optimization Software 130

Optimization Software Predictive Analytics Software Optimal Sourcing Warehousing 130

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. But simply putting an S&OP strategy in place isn’t enough.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

BlueYonder

MARCH 22, 2024

We had the opportunity to meet new retailers, old friends, and learn about new technology along the way. Making the best decisions to optimize and balance all dimensions of KPI is the retail holy grail. Shoptalk is one of the more enjoyable conferences in the retail world. It has the feeling of a big large show (which it is!),

Optimal Sourcing 98

Optimal Sourcing Trends Las Vegas Supply Chain Software 98

ToolsGroup

MARCH 17, 2021

Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value. Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

BlueYonder

APRIL 9, 2024

This includes demand planning, volume assessments at a granular level, knowing where best to source from to meet omni-channel demand, where to then position inventory based on known demand and where customers are located, and, of course, how best to then fulfill orders and to optimize the last mile.

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100

The Logistics of Logistics

FEBRUARY 15, 2013

A highly effective 3PL will use key process indicators (KPIs) to monitor logistics performance. A KPI is an indicator (a metric) that you have chosen, and agreed with your partners and or customers, that will determine whether you are meeting your critical success factors. Logistics Key Process Indicators (KPI).

KPI 189

KPI Logistics Network Optimization Software 3PL Continuous Improvement 189

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Armed with a good understanding of the scope of transportation services required, the Procurement Team can proceed to conduct Market Research to identify potential service providers who are able to meet the transportation services required. Contracting / Award Pricing Terms and Agreement Service Level Agreement (SLAs) (E.g.,

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” Meeting the chargeback challenge. threshold for food consumables. .”

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

ivalua

OCTOBER 22, 2020

More advanced Procurement organizations are regularly measuring this as a KPI and good Procure-to-Pay systems are a must. For example, successfully meeting CSR objectives such as reducing the coporate carbon footprint or preventing child labor in the supply chain depends on the ability to direct purchases to properly vetted suppliers.

Procurement Solutions 147

Procurement Solutions Supply Chain Planning Software Supply Chain Software Forecasting Software 147

Unleashed

DECEMBER 11, 2022

Put simply, Warehouse KPIs measure how efficiently your warehouse is performing. For example, the warehouse KPI ‘Receiving accuracy’ can determine if your receiving process is as accurate as you need it to be. This KPI helps you understand the efficiency and accuracy of your demand planning and forecasting processes.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

Taulia

JULY 21, 2022

With that in mind, let’s look at eight supplier KPI examples that can be used to measure how well your vendors are helping your business meet its commercial objectives. The products or services ordered should always meet the agreed quality guidelines outlined in your contract or the purchase order. Defect rate. Availability.

Negotiate Pricing 75

Negotiate Pricing Supplier Management Optimal Sourcing Procurement Analytics 75

EazyStock

JANUARY 31, 2022

This KPI analyzes how accurate your forecast was against actual sales. This inventory KPI keeps track of the number of delayed orders due to stockouts. More efficient warehouse and inventory management processes will help improve this KPI. By analyzing this KPI you can understand how efficiently you prepare and process orders.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Analysis 52

GlobalTranz

JANUARY 19, 2018

For example, if you ship 100 items, and 150 items were scheduled to be shipped, you have a deficit KPI, indicating delays or possible issues within the warehouse. This KPI is derived by dividing the total number of shipped orders by the number of planned shipments. An ideal result in one.

Supply Chain Design Software 143

Supply Chain Design Software Supply Chain Planning Software Warehousing Supply Chain Software 143

Kanban Logistics

OCTOBER 31, 2023

Interview warehouse management to determine if/how the 3PL’s capabilities can meet your product and operational requirements. Two areas that should be of interest are continuous improvement and KPI management. Interview warehouse associates to see how knowledgeable they are about operational processes.

Warehousing 52

Warehousing 3PL Supply and Demand Logistics Network Optimization Software 52

EC Sourcing Group

MARCH 12, 2023

Some key metrics for this category can include non-conformance and invoice errors. Non-conformance occurs when the product or the service does not meet the agreed-upon requirements or specifications. Identify your data sources that can help identify supplier performance.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

BlueYonder

MARCH 28, 2023

3PL companies and untraditional companies will partner together to offer creative solutions to meet the changing demands from end customers. Blue Yonder can offer solutions to help meet these expectations, as well as offset the costs. Sustainability will become an active KPI as consumers demand it.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Logistics 70

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Therefore, it is important to measure how well these suppliers meet the expected high level of quality. Return Material Authorizations (RMAs): RMAs measure how many products or deliveries are returned and whether a product meets customer requirements. It is best captured in an ERP system and analyzed digitally.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Logility

AUGUST 14, 2023

That meeting of the minds is critical in seeking out a software vendor and to the success of the eventual implementation project. To set achievable expectations, it’s important to identify an accurate and realistic baseline against which to draw KPI measurements.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 202

crisp

DECEMBER 15, 2021

Establish a set of KPIs and set performance targets to measure your progress. . A good KPI to track for this goal might be a low out of stock (OOS) rate. Can we order from a different supplier to meet forecasted demand? With clear reporting on your new outcome and driver metrics, you can now map roles and teams to each KPI.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

ToolsGroup

MAY 4, 2020

Whether you’re unable to meet escalating demand with your existing inventory, or concerned about spoilage, ToolsGroup solutions including demand forecasting, demand sensing and inventory optimization help companies assess changing demand and re-evaluate service levels and stocking decisions to combat both scarcity and spoilage.

Supply Chain Planning Software 120

Supply Chain Planning Software Modeling Supply Chain Disruption Supply Chain Software 120

SupplyShift

MAY 30, 2023

In order to meet their commitments, they needed to save time managing data and seamlessly report on key performance indicators from The Sustainability Consortium. Customer Success Story: Wrangler Wrangler optimizes data collection and reporting efforts using SupplyShift. Download “SupplyShift enabled Scope 3 reporting in a major way.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement KPI Apparel 52

Logility

AUGUST 18, 2023

For example, if the business strategy aims for growth through customer satisfaction, the supply chain strategy could focus on reducing delivery times for customer orders, enhancing product availability, and meeting customer demands when applicable. Establishing Shared KPIs Shared KPIs act as a bridge between strategy and operations.

Supply Chain Performance 188

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

DELMIA Quintiq

JULY 20, 2018

For the sake of meeting formulation specifications, many meat processors tend to over-blend and deliver a higher quality product. An intelligent solution powered by optimization and KPI-driven planning is what you need to effectively manage key challenges such as supply shortage and blending and formulation complexities.

Poland 120

Poland Waste Reduction KPI Resource Reduction 120

BlueYonder

MARCH 15, 2024

Accelerated Planning Every area in the supply chain is invested in accelerating its own plans and meeting its own KPIs already, but there’s no point in innovating and optimizing one area of planning if stakeholders are not considering the ripple effect in other areas.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Planning Supply Chain Strategy 52