3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

Cerasis

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction.

Know sooner, act faster and accelerate your supply chain performance!

Kinaxis

by John Westerveld When things happen in supply chain, knowing sooner and acting faster can mean the difference between a major catastrophe and a minor hiccup in your supply chain performance. Imagine this scenario; you are a supply chain executive for a major U.S.-based based electronics manufacturer. There has been a major earthquake in Chengdu, China… where several of your key items are manufactured.

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Want to Improve Supply Chain Performance and Profitability?

OneSCM

Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos. In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. However, supply chains inherently rely on many different links in the chain and, therefore, different business systems are in use (ERPs, WMS, TMS, etc.). Manual process reliance, also makes it very difficult to track supplier performance.

Want to Improve Supply Chain Performance and Profitability?

OneSCM

Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos. In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. However, supply chains inherently rely on many different links in the chain and, therefore, different business systems are in use (ERPs, WMS, TMS, etc.). Manual process reliance also makes it very difficult to track supplier performance.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.

Empowering Your Supply Chain Workforce: 3 Tips for Manufacturing Directors

Loftware

What can you do to improve your supply chain performance? Supply Chain Manufacturing Labeling

From Reactive to Proactive: Supply Chain Performance Management

Logility

I always hear people say (and I’m guilty of saying it myself), “it isn’t the technology that provides benefits in a supply chain project; it’s changing the business process.” The symmetry of technology and purpose is why we love working in Supply Chain. I was talking with a practitioner last week who was the internal champion that brought Logility Voyager Solutions into a leading flooring manufacturer. Connect. Share. Learn.

Quality Management in Supply Chains: Performance and Conformance

The UCLA Anderson Global Supply Chain Blog

Quality Management in Supply Chains: Performance and Conformance. With the increase in outsourcing practice since the 1990s, supply chains have become very complex, involving many intermediaries. This figure, produced by Sourcemap.com , illustrates the complexity of today’s laptop supply chains: Clearly, with so many layers, it is difficult for companies to have full visibility on their operations. Distorted Performance Standards.

From Reactive to Proactive: Supply Chain Performance Management

Logility

I always hear people say (and I’m guilty of saying it myself), “it isn’t the technology that provides benefits in a supply chain project; it’s changing the business process.” The symmetry of technology and purpose is why we love working in Supply Chain. I was talking with a practitioner last week who was the internal champion that brought Logility Voyager Solutions into a leading flooring manufacturer. Connect. Share. Learn.

Changing Your Perspective to Measure Supply Chain Performance

Logistics Bureau

Why measure the performance of a supply chain? Because a supply chain is increasingly the sole competitive differentiator for an enterprise, and measuring its performance helps to improve it and detect and solve any problems. However, traditional enterprise measures of performance do not work for supply chains. To paraphrase a saying, the road to supply chain hell is paved with good intentions and bad metrics.

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Now in its seventh year, in the analysis, I learned a lot about the impact of supply chain choices on balance sheet performance: -Not Straightforward.

Mitigating Supply Chain Risk Beyond Covid-19

Adexa

Covid-19 has been yet another wakeup call to companies to mitigate their supply chain risk. in the last several years, global disruptions have caused at least one company in twenty to suffer a supply-chain disruption costing at least $100 million. Besides, there are more frequent events such as surge in demand, capacity issues with contract manufacturers and supply lines or geopolitical events such as tariffs.

Hospitals Too Have the Same Supply Chain Planning Challenges

Adexa

There were limited amount of supplies and surge in demand for N95 masks, ventilators, hospital beds etc. Generally high demand is a good thing for manufacturers. As a result of this approach, supply cannot be planned accurately and user intervention is needed to make adjustments.

BASF: A Story of a Supply Chain Leader

Supply Chain Shaman

Over the last two decades the company successfully leveraged global scale to define supply chain leadership. With 12,000 supply chain employees operating in 80 countries with 2400 storage facilities, supply chain excellence and innovation are the foundation of corporate performance. For this case study we interviewed Ralf Busche, Senior Vice President of Global Supply Chain Strategy and Performance. Performance.

Let Adexa Genie Plan Your Supply Chain

Adexa

I can autonomously perform dedicated functions in the supply chain and beyond. We can monitor everything that is going on in the supply chain and tell you things that are going wrong. The post Let Adexa Genie Plan Your Supply Chain appeared first on Adexa. Digitalization & Machine Learning Planning and Execution Risk Management Risk Planning Supply Chain Performance ManagementI am, Genie, Adexa Intelligent Agent.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Let me start with a true confession: I am a manufacturing gal. I relished the sound of a manufacturing line when I opened the door of the factory in the morning, and I liked managing inputs so that we could maximize outputs. Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. In manufacturing, I became good at labor bargaining. Figure 1: Definition of the Supply Chain Organization.

Supply Chain Digital Blueprint—Path to Stage 5 Maturity

Adexa

If you are still using spreadsheets to run your supply chain you are in good company. Where in the latter, the highest stage of maturity, you can perform digital and touchless planning. It is a solution that can get better over time and can change itself to adapt to the changes in the supply chain (you can read more on this at self-improving-and-self-repairing-supply-chains ) But it requires to have a Digital Mirror© of your supply chain.

A Connected Supply Chain is Essential in Today’s Environment

QAD

These are extraordinary times with heightened disruptions for many manufacturers around the globe. This is especially true in the area of supply chain operations. Business Disruption in the Supply Chain. Supply Chain Traceability.

Top Supply Chain Challenges for Manufacturing Companies

Supply Chain 24/7

Only a scalable, interoperable supply chain planning and optimization platform can ensure a company’s supply chain performance is optimized

Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

However, did you know there are enough lead time problems lurking in your current supply chain operations that go completely unnoticed? These are the “knowable unknowns” that can hurt your supply chain performance. Over the years, I have partnered with a number of customers across a variety of industries as part of their supply chain planning transformation journey. The post Supply chain risks: The knowable unknowns that can hurt your supply chain!

S&OP: Five Steps to Get Started

Supply Chain Shaman

I will also pen my 95th report for this week’s Supply Chain Insight’s newsletter. We now reach 23,000 supply chain leaders globally with our newsletter and have over 50,000 views/month on Slideshare. Frustrated that my upcoming Supply Chain Insights Global Summit was in Phoenix, he asked if I ever came to Europe. The company had a strong manufacturing culture, and the focus was on the urgent. Economic Vision of Supply Chain 2030.

S&OP 211

Measuring Up?

Supply Chain Shaman

The average manufacturing company’s supply chain organization is 15 years old. Historically, the traditional supply chain focused on improving costs. Today, more mature supply chain teams focus on delivering value. While companies want to improve supply chain performance and drive value, it is easier said than done. Typically, it is a lack of common definition on what defines supply chain excellence.

Deployment of Adexa’s latest version of its SCP solutions at Teledyne Dalsa

Adexa

the leading provider of intelligent AI-powered S&OP and S&OE for supply chain optimization and digitalization, today announced successful deployment of Adexa’s latest version of its supply chain planning solutions at Teledyne Dalsa.

3 Factors Driving Machine Learning Performance in Your Supply Chain [Video]

BlueYonder

The demand for seamless supply chains is becoming increasingly important and – thankfully – possible when using artificial intelligence (AI) and machine learning (ML). Three key factors, which include forecast accuracy, robustness and the explicability of data, influence your supply chain performance. With a seamless supply chain, you can have better accuracy in forecasts, become more profitable and reduce waste.

Video 67

LogiSYM Webinar: Technology Partnerships that help you maintain a high performing Supply Chain

The Logistics & Supply Chain Management Society

What does supply chain performance mean and how can technology partnerships help you achieve this? In the context of supply chain digitalisation and specifically enterprise software implementation, this is also very much the case.

Pursuing a Career in Logistics and Supply Chain

Logistics Bureau

The truth be told, the supply chain management profession is extremely broad and the range of jobs in the industry is vast. Supply Chain Planner: A manager whose main responsibility is to analyse a company’s supply chain performance. Manufacturing.

Technology Partnerships that help you maintain a high performing Supply Chain

The Logistics & Supply Chain Management Society

What does supply chain performance mean and how can technology partnerships help you achieve this? It’s all about finding the right partner who truly understands your supply chain and provides solutions to achieve your business objectives, regardless of the size of the partner.

Lean Manufacturing Driven by Rapid Return on eKanban Technology Investment

synchrono

Lean Manufacturing relies heavily on trusted relationships with suppliers and pre-negotiated terms of engagement. Through the use of supplier quality certifications and blanket (long-term) purchase orders, a manufacturer can accurately and effectively calculate the optimal level of inventory needed to fulfill demand requirements through the duration of replenishment lead time. Ensuring supplier performance. Pull Manufacturing with Kanban.

Lean 51

White Paper Supply Chain Performance Management

Supply Chain Digest

Green Supply Chain. Lean Manufacturing/Supply Chai. Manufacturing Technology. Retail Supply Chain. Supply Chain Agility/Flexibili. Supply Chain Network Design. Supply Chain Optimization. Supply Chain Risk. Supply Chain Strategy. Supply Chain Visibility. Search Supply Chain Videocasts. About the SCDigest and The Supply Channel Television Channel.

Top 15 Supply Chains to Admire from the Supply Chain Insights Conference

Kinaxis

by CJ Wehlage The Supply Chain Insights annual conference was held on September 10-11, 2014 at the Phoenician in Scottsdale, Arizona. Great memories here, as so much has changed in the supply chain research world these past 5+ years. All ex-AMR analysts on the stage, talking about the ‘Top 15 Supply Chains we Admire’. There has been so much discussion on the “top” supply chain lists. Value of supply chain planning and analytics.

Supply Chain Design

LeanCor

What is Supply Chain Design? What is supply chain design? For many in the field of supply chain and logistics, supply chain design is the rudimentary step in understanding how a product or service is altered from raw materials into a finished product in the hands of the final customer. Supply chain design refers to the development of the framework that information and products travel from supplier to customer and back to the supplier again.

Your Supply Chain Digital Blueprint© to Stage 5 Maturity

Adexa

If you are still using spreadsheets to run your supply chain you are in good company. Where in the latter, the highest stage of maturity, you can perform digital and touchless planning. It is a solution that can get better over time and can change itself to adapt to the changes in the supply chain (you can read more on this at self-improving-and-self-repairing-supply-chains ) But it requires to have a Digital Mirror© of your supply chain.

Supply Chain KPIs You’ll Want Every Morning

Logility

A quick scan of the Internet will yield a long list of “the biggest-ever supply chain disasters”. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Supply chain cost per unit sold.

Supply Chain Dashboards – Key Metrics For Manufacturers

Silvon Software

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Supply chain metrics and key performance indicators (KPIs) are sometimes a bit tougher to compile than sales metrics.

Supply Chain Priorities: Seven Things That Matter Most

ToolsGroup

A recent Gartner study, conducted annually, sheds some light on what matters most to top executives in supply chain technology. I attended the Supply Chain Technology User Wants and Needs Study delivered by Dwight Klappich at the Gartner Supply Chain Executive Conference two weeks ago in London, where he laid out Gartner’s latest findings about the things that matter most in supply chain performance. Supply Chain Planning