Walmart OTIF Metrics

SupplyPike

We’ve discussed the basics of OTIF and the fundamentals of OTIF before, but we thought we’d drill down deeper into the individual metrics. First, we’ll start by reviewing the basic goals of OTIF, and then we’ll dive into each metric and the compliance issues of each metric. We are only covering Supplier Accountability OTIF metrics. For more information on MABD windows, check our OTIF – How To Meet Delivery Appointments blog post.

Driving Supply Chain Analytics User Adoption with Cross-Departmental Metrics

Logility

The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization. What information do the users really need to meet their business goals? User adoption is a challenge that often arises during the rollout of supply chain analytics solutions.

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Metrics that Matter: Inventory Effectiveness

QAD

Inventory effectiveness measures the process that delivers the right part to the right place at the right time, while minimizing investment and meeting customer requirements. It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Using Metrics to Measure the Health of the Business. The absolute measure is less informative than the trend in the metrics.

Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

Cerasis

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. The Fill Rate is a complex metric that considers the average window of delivery, percent of on-time delivery and accuracy of delivery for all products coming into your warehouse from vendors. Other Critical OmniChannel Supply Chain Metrics to Track.

Inventory Metrics: From Insight to Action

Kinaxis

This post will discuss some of the metrics and analysis tools that an inventory manager needs to identify risk and opportunities and to make intelligent decisions to optimize the performance of their inventory. When determining the metrics required for any business process, the first question you need to ask yourself is, “What are the business goals of the process?” The metrics you choose should answer the questions your organization is asking, without requiring additional analysis.

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

Cerasis

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. The goal is to keep inventory levels at a minimum to meet customer needs. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Customer Service Levels : When it comes to how a shipper defines the value of a logistics provider or 3PL to the bottom line, there are often several Key Performance Indicators (KPIs) and Logistics Metrics taken into consideration.

Lora Cecere on Supply Chain Metrics that Matter

AIMMS

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I hired a research assistant to look at balance sheets and looked at performance and really tried to figure out which metrics mattered. We interviewed supply chain leaders and in the middle of that I decided that I would write this book, Supply Chain Metrics that Matter.

Sales Dashboards: 16 Metrics For Manufacturers

Silvon Software

The more challenging part of dashboarding, however, gets down to the actual metrics that should be included as part of a performance management strategy. As a place to start, I thought I’d provide a shortlist of both simple and more complex metrics that our manufacturing and distribution clients are using in their dashboards today. Today’s post focuses on Sales metrics only. Basic Sales Metrics. More Complex Sales Metrics.

Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

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. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). For the past 30 years I have been involved with multiple efforts to build a set of supply chain metrics and have learned a few things along the way.

6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

Cerasis

With the purpose of optimizing supply chain efficiency and asset recovery rates, applying a reverse logistics system has increasingly become a tool that positively impacts profitability as well as assisting an organization in meeting sustainability goals. Importance of Metrics in Reverse Logistics Management. Measures such as amount of product to be reclaimed and resold as is, or percentage of material recycled, are examples of such metrics.

Metrics that Matter: Customer Service

QAD

Meeting Customer Expectations. Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. Companies can use these metrics to help ensure they are doing everything possible to satisfy their customers at a manageable and sustainable cost. Measuring DIFOT tells whether your company is meeting customer expectations. Choosing Metrics.

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. Perfect Shipment Measurement This metric can also be called Perfect Order Measurement. For retail vendors, this metric is particularly crucial, since they may have to pay a penalty for orders that show up late.

Efficiency vs. Productivity: Metrics that Matter…Until They Don’t

synchrono

When we look at the organizations of today, words like efficiency and productivity get thrown around with little understanding of what is required to improve one of these measurements (metrics). Let’s discuss why an efficiency metric is usually not the right metric and what a Lean manufacturing expert does when measuring true value in the supply chain. This “lost opportunity metric” is now something that Lean manufacturing experts try to keep at the top of the list.

Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

5 Quality Metrics Predicting The Future Of Manufacturing

IQMS

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. The future of manufacturing is being written today across the millions of shop floors which have chosen to excel at analytics, metrics and Manufacturing Intelligence. Quality Metrics Defining the Future of Manufacturing.

DIFOT: A Metric of Supplier Performance

Unleashed

Delivery In Full On Time, or DIFOT, is a metric used to analyse how accurate and efficient your supply chain is. Without it functioning correctly, your supplies may not arrive in the correct amount or the correct timeframe, severely compromising your ability to meet your customers’ needs. When it comes time to reassess the approved supplier list, then you can use these metrics to disqualify problematic suppliers and improve your own performance and supply chain.

Overcoming Complacency: How to Drive Even More Supply Chain Metric Success

Talking Logistics

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. If your team isn’t challenged to meet their goals, your bar is likely set too low. Going “red,” defined as not meeting stated goals, should not be treated as an abject failure if continuous improvement is anywhere in your business plan. While metrics are powerful tools, they’re only one tool amongst the many a leader can use.

OTIF – How to Meet Delivery Appointments

SupplyPike

A key part of meeting the OTIF requirements for all prepaid suppliers is scheduling delivery appointments within the must arrive by date (MABD) window of the PO. This date indicates when your product must be delivered to Walmart to meet Walmart’s on time requirements for that PO. Related Reading: Instock Metrics Every CPG Needs to Track. The post OTIF – How to Meet Delivery Appointments appeared first on SupplyPike - Supply Chain Simplified

How to make S&OP meetings a highlight in your team’s calendar

AIMMS

Common causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics across the business, dysfunctional technology and lack of expertise to operate and implement technology. During the workshop, we learned that virtually all attendees had a pain point in common: they always had to go back to their desk to test different scenarios after an S&OP meeting. Suddenly, S&OP meetings would not be as tedious.

10 Powerful Transportation Success Metrics to Watch

Zipline Logistics

Controlling the performance of business operations, which includes your supply chain and transportation, is nearly impossible without business metrics and data analytics. These quantifiable measures and in-depth discoveries of useful information help evaluate the success of your organization in meeting […]. The post 10 Powerful Transportation Success Metrics to Watch appeared first on Zipline Logistics.

Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics

ThroughPut

It is the difference between meeting set target quotas and losing customers to the competition. So, if manufacturers fall behind on meeting their manufacturing throughput it could result in delayed deliveries and impact customer expectations and schedules. ELI enables manufacturers to meet and beat their Supply Chain Forecasting Goals by nailing-down bottlenecks & eliminating waste to achieve end-to-end efficiencies. What is Manufacturing Throughput?

Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics

ThroughPut

It is the difference between meeting set target quotas and losing customers to the competition. So, if manufacturers fall behind on meeting their manufacturing throughput it could result in delayed deliveries and impact customer expectations and schedules. ELI enables manufacturers to meet and beat their Supply Chain Forecasting Goals by nailing-down bottlenecks & eliminating waste to achieve end-to-end efficiencies. What is Manufacturing Throughput?

Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics

ThroughPut

It is the difference between meeting set target quotas and losing customers to the competition. So, if manufacturers fall behind on meeting their manufacturing throughput it could result in delayed deliveries and impact customer expectations and schedules. ELI enables manufacturers to meet and beat their Supply Chain Forecasting Goals by nailing-down bottlenecks & eliminating waste to achieve end-to-end efficiencies. What is Manufacturing Throughput?

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. Perfect Shipment Measurement This metric can also be called Perfect Order Measurement. For retail vendors, this metric is particularly crucial, since they may have to pay a penalty for orders that show up late.

OTIF – How to Meet Delivery Appointments

SupplyPike

A key part of meeting the OTIF requirements for all prepaid suppliers is scheduling delivery appointments within the must arrive by date (MABD) window of the PO. This date indicates when your product must be delivered to Walmart to meet Walmart’s on time requirements for that PO. Related Reading: Instock Metrics Every CPG Needs to Track. The post OTIF – How to Meet Delivery Appointments appeared first on SupplyPike - Supply Chain Simplified

Top 5 Metrics & Benchmarks To Measure In Pickup & Delivery Logistics

Abivin

Managing your business operations would be challenging without proper metrics and data analytics. Below are 5 significant metrics in Pickup & Delivery Logistics that any company can use to measure their performance in meeting initial goals. , This metric can also be called Perfect Order Measurement. Also called Must-Arrive-By-Date (MABD) Adherence, this metric shows the average of delivering on time against the date required by customers.

The DDAE Model – Metrics, Ranges and Next Steps

DynaSys

Prerequisite #3: Flow-Based Metrics. The DDAE model uses different metric emphases within each of the operational, tactical and strategic relevant ranges to promote and protect flow today and into the future. Operational metrics emphasize reliability, stability and velocity to determine relevant information and materials in the Operational Relevant Range. Strategic metrics emphasize contribution margin, working capital control and customer base control and development.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. We like the metrics of growth, on-time and in-full orders, operating margin, inventory turns, and Return on Invested Capital (ROIC).

Supply Chain Metrics: Make Sure They Are Aligned with Your Strategy!

Supply Chain View from the Field

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Rather then selecting a plethora of meaningless metrics, it is always better to focus on a critical few, and select them wisely. Step 2 – Develop Metrics and Data Sources.

Metrics that Matter: Quality Management

QAD

Using Metrics to Measure Quality. QAD CEBOS incorporates design for quality functionality that can help your design team meet quality and cost objectives while still meeting time to market goals. Training is a key component of most compliance frameworks, so in a highly regulated industry such as automotive or life sciences, these metrics can help ensure compliance with requirements. Require suppliers to meet performance goals to retain approved supplier status.

Measuring Up?

Supply Chain Shaman

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. We term these the Supply Chain Metrics That Matter because they have a higher correlation to market capitalization.). C2C is a compound metric of receivables plus inventory minus payables.

Are Your Manufacturing Metrics Meaningless?

synchrono

In any manufacturing environment, delivering what you promised when you promised is good business, so measuring this metric makes sense. However, as simple as this metric should be to measure, it can get complicated. The order isn’t big enough, nor has the customer done enough business with the company, to warrant upending the production schedule to meet the promised delivery date. Making Manufacturing Metrics Meaningful Again. Guidebook: Metrics for Action Guide.

Guest Post: An MBA student’s perspective on the ISM Meeting 2019

NC State SCRC

I was self-motivated to attend, as I felt these meetings provide a great platform to meet people and share ideas and perspective. I’m glad I took his advice, as the meeting was an awe-inspiring experience, the icing on the cake was that I would get to listen to his talk on combating counterfeiting in the supply chain, an issue I care about passionately. So, a big thank you to NC State and my professor, for encouraging me to attend this meeting.

Working from Home: Chapter One – The Dog will Bark during your Meeting

My Office Apps

Chapter One: Your Dog will Bark during your Meeting. Embracing remote-work opportunities can deliver positive changes to business metrics, including reduced expenses and increased productivity, but requires a willing and motivated shift in perspective from management and staff. The post Working from Home: Chapter One – The Dog will Bark during your Meeting appeared first on My Office Apps. blog kechie erp kechie work from home online meetings

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

Our 40 th Bi-Annual Supply Chain Resource Cooperative meeting was a great success, culminating with the student gallery walk, featuring 27 undergraduate and MBA supply chain projects. The meeting was attended by over 80 executives, as well as numerous students and faculty. My co-author and colleague Tom Linton presented at the 40 th Bi-Annual SCRC meeting, and shared his thoughts on how we need to think about supply chains.