This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
According to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supply chain executives are losing the strategic gains they made with their C-suite counterparts. The EY research suggests that at many companies, that opportunity is receding. What gets measured affects what gets prioritized.
When the chief supply chain officer wants to review the performance of the supply chain, we start with the KPI dashboards. Lenovo has a huge research team. That frees up the logistics team to go work on even more difficult problems. Then, the tool drills down and looks at real-time performance on late orders or parts.
We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL."
Our research shows that many companies have already embraced S&OE as part of their processes. Our solution enabled them to make KPI-based decisions, implement resilient optimization and smoothen exception management. It provides an early warning system that helps business stakeholders sense and optimize their responses.
Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.
Figure 4 – Transformation Roadmap – KPI impact view Process Workflow and Automation: ISP defines clear process workflows and leverages automation tools to streamline the planning process, reducing manual efforts and potential errors. Nari Viswanathan is a six times SDCExec Supply Chain Pro to Know award winner.
Featuring over 35 Gartner experts and more than 100 research-driven sessions, this year’s conference gathered over 2,000 supply chain professionals from across Europe and beyond. As we did in Orlando, we couldn’t pass up the opportunity to also do a little informal research of our own. ToolsGroup SCM “Spin the Wheel!”
Reducing Cost per Delivery Reducing cost per delivery is a critical KPI for companies. Research has shown that about 90 percent of online users want to know what the return policy is before they make a purchase, making a customer-centric return policy important. Here are the key points from our discussion.
Featuring over fifty Gartner experts and more than 140 research-driven sessions, this year’s conference gathered over 3,700 supply chain professionals from across North America and beyond. But we couldn’t pass up the opportunity to also do a little informal research of our own. ToolsGroup SCM “Spin the Wheel!”
Danah Boyd, Principal Researcher at Microsoft Research So how closely should you be looking at your data? Perhaps the costliest data granularity mistake merely is focusing so much on optimizing the granularity of KPIs you currently measure that you fail to realize they are the wrong KPIs entirely.
Lesson: Research, be right, and present meaningful measurements that drive correct behavior. . Many measurements are sacred to the board or other metric owners. Feel free to refer the metric owner to point number 3, after you have developed a meaningful alternative. 5. You will succeed incrementally. I don’t like the word “fail”.
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.
Professor Tanyas will explain his research on the role of optimization in supply chain management. The project, which went live in September this year, added scheduling capabilities that enabled Hulamin to improve delivery performance and work-in-progress control, as well as increase supply chain visibility and KPI scheduling.
Our market research indicates that nearly 50% of business leaders consider their planning processes and supporting technology unable to handle today’s demands. This means that your previous KPI assumptions on productivity, cycle times, unit costs and speed of order execution will need to change. Industry 4.0
Data diagnostics to ensure the inputs are accurate, KPI monitoring and alerts for intervention and root-cause analysis are essential components to guide the planners. . and Master of Engineering degrees in Operations Research and Industrial Engineering from Cornell University. Yosun holds B.S.
Better as using KPI measures that reveal the truth about “How we’re doing” across all planning horizons. Crucial, long-term planning can be executed earlier with confidence, thus winning the race with competitors vying for capacity and resources at the same suppliers. Figure 1 : A Single Planning Solution to Span Multiple Planning Horizons.
Our research shows that many companies have already embraced S&OE as part of their processes. Our solution enabled them to make KPI-based decisions, implement resilient optimization and smoothen exception management. It provides an early warning system that helps business stakeholders sense and optimize their responses.
In my research, I read a lot about the steel industry, particularly about steelmaking processes and optimizing steel production schedules. For example, they are not able to calculate the hot charging rate KPI of the schedule. About 10 years ago, I wrote my master’s thesis on scheduling steel production.
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.
To implement these recommended Logistics KPIs in your company, you should use our Logistics KPIs Dashbaord which we have designed with through research. Attribute 1 – Productivity related Logistics KPIs. We should also note that there is a thin line between quality KPI and productivity KPI.
CARRIERS SCORECARDS: PERFORMANCE INDICATORS Recognising the need and the importance of such measures, the shippers’ council launched the KPI in 2021. The KPI is a qualitative index (not a definitive scorecard) that provides an unbiased perspective to shape our logistics service providers’ mindset and actions.
Gartner research shows that companies that continued to increase earnings while others declined in 2009 and 2010 were those that were able to keep their foot on the gas through the downturn because they had planned responses in advance. This wasn’t “digital for the sake of digital”, but to support a very specific business KPI.
RESEARCH TRIANGLE, NC, March 20, 2025 Rittal, one of the world’s leading system providers of electrical enclosures, power distribution, climate control, IT infrastructure, software and services, has confirmed JAGGAER for its procurement processes. Future-Proof Positioning Rittal now benefits from significantly streamlined processes.
If you want to be a demand planner, research the skills, qualification and experience required. Then mention the customer-service KPI (relevant) and then on-time delivery KPI from 65 to say 85 (Measurable) So, a supply chain hiring manager, what I am most interested in is what you have achieved as this opens points of discussion.
Through our research and close work with early ESG adoptees, such as IKEA and Covea, three lessons stand out. However, procurement leaders point to a lack of incentives to reduce their carbon footprint – to the extent that sustainability is not even considered as a KPI.
While technology offers immense potential, its practical application and impact on fuel savings require further research. Logistics KPI Dashboard is an essential tool for Logistics & Supply Chain Managers. Transportation Research Part E: Logistics and Transportation Review, 37(2), 105-124. Zografos, K.
Whether you KPI them on Turnover or Profit Margin, having them buy into OTIF is crucial to managing the customers’ expectations.” ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn. Retailer compliance initiatives can lead to efficiency,” HighBeam Research, 1 October 2003. [3]
As explained in Nucleus Researchs report, Supply Chain Control Tower Value Matrix 2022 : with siloed Control Towers, planners and transportation analysts often find themselves bogged down with swivel chair operations that necessitate emails and last-minute meetings.
Thanks to its service-driven planning that helps customers make the most efficient use of inventory, ToolsGroup has been named a leader in the Nucleus Research SCP Technology Value Matrix 2021. Starting from pre-implementation we align on target key performance indicator (KPI) levels and benchmark progress to accelerate time to value.
In mid-2015 his employer opened one of the first industry “Innovation Labs” – a loosely structured group with the single purpose to research and test early-stage supply chain innovations. Learn More About Is Sustainability Really a Problem. Matt McLelland LinkedIn. Matt McLelland Instagram.
Collaboration & Technology: Collaborates with other departments like purchasing and sales to develop solutions, and researches and recommends technology adoption to improve logistics operations. To run the department, a logistics analyst needs certain logistics metrics and KPIs to improve performance.
Research indicates that a significant portion of a truck’s time is spent idle or empty (McKinnon and Ge, 2004; IGD, 2003). Food Transport KPI Survey 2004. Productive time measures the actual hours and minutes a vehicle is in use. Decarbonising Road Freight: The Challenges. McKinnon, A., & Campbell, J.
In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic. Our advice is to not have too many KPIs, and always include a KPI to ensure that you are not going backwards.
Eddie shows Steve the warehouse’s KPI report from the last few days. The company loses thousands every day, because my KPIs are worse than ever,” he says. After the pair come up with a feasible plan and enter the compromise into the respective systems—an extremely tedious task—they start talking. It looks good.
There are so many supply chain maturity model produced by consulting or independent research firms. As you may notice, supply chain maturity model is like "KPI" but its expressed qualitatively and you have to use it strategically. 1) Process Maturity Model. 2) Procurement Maturity Model.
According to research conducted by BigCommerce , the top three factors that influence consumers’ online purchasing decisions are convenience, cost and free shipping. Taking the time to research and evaluate technology solutions to find the right solutions to meet the company’s requirements is time well-spent.
There have been several significant research projects from a variety of organizations such as universities , consultants, and service providers, as well as research firms about this very issue. So those assessments should result in some form of reasonable KPI goal setting. Ann Grackin is CEO of ChainLink Research.
All of those things are what people do (I hope), and once it’s a KPI it means that it’s taken more seriously and not as a “by the way”. I see many people that don’t understand the difference; I see companies putting KPI only on the lagging indicators. Product Management KPIs. Back and forth on Success — leading indicator.
Forecast Accuracy and Bias are two of the key KPI s we monitor monthly basis, we also investigate root causes and continuously strive for improved forecast quality. Research on Supply Chain Finance. Our goal is to help companies take supply chains to the next level. We write for the business visionary.
Don’t just look at what your competitors are doing, research trends too. Choosing an ERP solution based solely on the individual goals and KPI metrics of key stakeholders today can result in a suboptimal solution in the years to come. When you ask, “Will my company exist in 10 years?” it’s worth doing a lot of digging.
Similarly, a key performance indicator (KPI), showing CO2 emissions on the screen of a planner, does not guarantee that the planner will actually try to influence this in a positive way when the management is only interested in efficiency and timeliness of production.
Unlike FMCG, the launch of a new product in the hi-tech industry requires the investment in research and development quite extensively. They use the global level KPI to ensure that each player in the same supply chain is measured the same way. Life cycle of technology products is getting shorter and shorter every day.
Her research has revealed that companies who succeed in closing the gap between Sales and Operations have 11 percent faster stock turns. This is a good example of focusing on a single KPI rather than all of them. In the book Supply Chain Metrics that Matter, Cecere presents the findings from her research into corporate performance.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content