INDUSTRY INSIGHTS YOUR PEERS ARE READING
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. In each case there is a metric objective and a message behind the metric. MORE
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. MORE
SKU proliferation exceeded the limits of most homegrown WMS solutions and even those that have managed to keep up still struggle with updates and improvements necessary to meet the demands of e-commerce and omnichannel. Demand for more warehouses is evident throughout the industry. MORE
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. Suddenly, S&OP meetings would not be as tedious. MORE
Key Point : A Sales and Operation Planning (S&OP) meeting is a meeting to design the future course of a business. The (S&OP) process consists of a lot of leg work to support the three main meetings: Pre S&OP Demand, Pre S&OP Supply, and the S&OP meeting itself. (OK, MORE
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). Measure efficiency and productivity against your REAL goal. MORE
When I meet with my customers, I get thumbs-down feedback. Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. Which metrics do you think matter to supply chain excellence? MORE
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 realized that many organizations are very confused about metrics. MORE
You have a favorite forecast accuracy metric(s) you’ve been practicing within the organization for a while, and now you think you are ready to bring it to the Sales and Operations Planning (S&OP) meeting as a Key Performance Indicator (KPI) of your demand planning process. MORE
When we began our metrics discussion, we talked about how behaviors are too often dictated by metrics—and whether or not these behaviors actually “move the needle” for sustainable supply chain improvements. Mark Davidson’s blog about aligning metrics to larger goals and objectives covers this topic well. Yet, without a good way to measure them, they will meet a great deal of resistance. See the Operations Metrics for Action Guide ). MORE
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. MORE
The advanced Llamasoft user has a model on a computer tablet (Sherpa product) that enables the visualization of S&OP trade-offs within the S&OP meeting. Cost-to-Serve and Top-to-Top Meetings. I smiled as I began to present the story of the “Metrics that Matter.” MORE
Keeping track of key sales and inventory forecast metrics takes the guesswork out of business planning and goal-setting. With the right data at your disposal, you can form a realistic picture of projected sales and revenues over a defined period, and keep an appropriate level of inventory on hand to meet customer demand. MORE
In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around. The 5 "Golden Metrics" to Know in order to Drastically Improve Manufacturing Operations. MORE
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. MORE
This is especially true when the word “excellence” drips off of the lips of the supply chain leaders that I meet. Metrics Matter. Most organizations are far more comfortable with functional than corporate metrics. MORE
Our upcoming SCRC meeting is focused on how organizations are undertaking practical approaches to creating business analytics. People won’t trust metrics if they know the data isn’t any good. MORE
Will digitization change the way we measure things and monitor metrics? As organizations move towards visible, high velocity, transparent supply chains, a number of questions arise that are fundamental to the business, but which executive often struggle to answer with any clarity. How do we extend the concept visibility and control beyond our four walls to drive better execution in our supply chain? MORE
We had a very successful SCRC meeting this past week, and the speakers provided some fantastic insights to the group on the emerging trends in the digital landscape facing supply chain executives. MORE
It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. Companies balance supply chain metrics better in good times than bad. 2) Focus on a balanced portfolio of metrics. MORE
Meeting expectations at the door isn’t always the easiest task, especially when those expectations can be wide sweeping (example: minimize cost). procurement #purchasing #metrics #highperformance. Guest Blog Post Procurement Supply Chain Management highperformance Metrics Purchasing MORE
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. MORE
This is especially true when the word “excellence” drips off of the lips of the supply chain leaders that I meet. Metrics Matter. Most organizations are far more comfortable with functional than corporate metrics. MORE
But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Of course, you’ll want to be courteous and professional with your feedback, but being open and honest with this metric can go a long way to solving problems between you. MORE
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. When it comes to supply chain metrics, “beauty is in the eye of the beholder.” MORE
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. Review of SQM Metrics and Issues Across 5 Core Industries. #1: MORE
Controlling the performance of business operations, which includes your supply chain and transportation, is nearly impossible without business metrics and data analytics. The post 10 Powerful Transportation Success Metrics to Watch appeared first on Zipline Logistics. MORE
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. Making Manufacturing Metrics Meaningful Again. MORE
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. MORE
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. Key Process Indicators vs. Metrics. I sometimes use the terms KPI and metrics interchangeably, but they are not the same. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). MORE
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. MORE
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. MORE
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. Each metric requires context. MORE
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. MORE
Cerasis
APRIL 25, 2016
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.
AIMMS
FEBRUARY 20, 2015
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 realized that many organizations are very confused about metrics.
Cerasis
JUNE 14, 2017
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.
Logility
JANUARY 26, 2017
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. When it comes to supply chain metrics, “beauty is in the eye of the beholder.”
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during S&OP meetings Buyer's Guide for Sales. causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics. you make your S&OP meetings more insightful and fun You will find this guide useful if you: Who is this guide for?
synchrono
FEBRUARY 13, 2017
When we began our metrics discussion, we talked about how behaviors are too often dictated by metrics—and whether or not these behaviors actually “move the needle” for sustainable supply chain improvements. Mark Davidson’s blog about aligning metrics to larger goals and objectives covers this topic well. Yet, without a good way to measure them, they will meet a great deal of resistance. See the Operations Metrics for Action Guide ).
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Talking Logistics
SEPTEMBER 12, 2017
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.
Cerasis
JULY 20, 2015
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.
IQMS
MAY 1, 2018
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.
synchrono
MARCH 6, 2017
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). Measure efficiency and productivity against your REAL goal.
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during S&OP meetings Buyer's Guide for Sales. causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics. you make your S&OP meetings more insightful and fun You will find this guide useful if you: Who is this guide for?
|
AIMMS
MAY 14, 2018
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. Suddenly, S&OP meetings would not be as tedious.
Cerasis
JUNE 4, 2015
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. Review of SQM Metrics and Issues Across 5 Core Industries. #1:
Zipline Logistics
MARCH 29, 2018
Controlling the performance of business operations, which includes your supply chain and transportation, is nearly impossible without business metrics and data analytics. The post 10 Powerful Transportation Success Metrics to Watch appeared first on Zipline Logistics.
DynaSys
DECEMBER 11, 2018
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. In each case there is a metric objective and a message behind the metric.
Supply Chain Shaman
SEPTEMBER 3, 2018
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.
synchrono
MAY 7, 2018
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. Making Manufacturing Metrics Meaningful Again.
Cerasis
AUGUST 4, 2015
In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around. The 5 "Golden Metrics" to Know in order to Drastically Improve Manufacturing Operations.
Supply Chain Shaman
MARCH 28, 2016
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.
Supply Chain View from the Field
APRIL 1, 2015
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.
Arkieva
AUGUST 4, 2015
You have a favorite forecast accuracy metric(s) you’ve been practicing within the organization for a while, and now you think you are ready to bring it to the Sales and Operations Planning (S&OP) meeting as a Key Performance Indicator (KPI) of your demand planning process.
NC State SCRC
NOVEMBER 17, 2018
Our upcoming SCRC meeting is focused on how organizations are undertaking practical approaches to creating business analytics. People won’t trust metrics if they know the data isn’t any good.
Supply Chain Cowboy
MARCH 1, 2015
But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Of course, you’ll want to be courteous and professional with your feedback, but being open and honest with this metric can go a long way to solving problems between you.
Supply Chain Shaman
JULY 3, 2017
It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. Companies balance supply chain metrics better in good times than bad. 2) Focus on a balanced portfolio of metrics.
NC State SCRC
DECEMBER 2, 2017
We had a very successful SCRC meeting this past week, and the speakers provided some fantastic insights to the group on the emerging trends in the digital landscape facing supply chain executives.
Supply Chain Shaman
MARCH 6, 2015
This is especially true when the word “excellence” drips off of the lips of the supply chain leaders that I meet. Metrics Matter. Most organizations are far more comfortable with functional than corporate metrics.
Supply Chain Shaman
JANUARY 8, 2014
When I meet with my customers, I get thumbs-down feedback. Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. Which metrics do you think matter to supply chain excellence?
Supply Chain Shaman
MARCH 6, 2015
This is especially true when the word “excellence” drips off of the lips of the supply chain leaders that I meet. Metrics Matter. Most organizations are far more comfortable with functional than corporate metrics.
Supply Chain Shaman
JUNE 29, 2014
The advanced Llamasoft user has a model on a computer tablet (Sherpa product) that enables the visualization of S&OP trade-offs within the S&OP meeting. Cost-to-Serve and Top-to-Top Meetings. I smiled as I began to present the story of the “Metrics that Matter.”
Arkieva
AUGUST 13, 2015
Key Point : A Sales and Operation Planning (S&OP) meeting is a meeting to design the future course of a business. The (S&OP) process consists of a lot of leg work to support the three main meetings: Pre S&OP Demand, Pre S&OP Supply, and the S&OP meeting itself. (OK,
Veridian Solutions
JANUARY 23, 2019
SKU proliferation exceeded the limits of most homegrown WMS solutions and even those that have managed to keep up still struggle with updates and improvements necessary to meet the demands of e-commerce and omnichannel. Demand for more warehouses is evident throughout the industry.
Supply Chain Game Changer
JANUARY 30, 2019
Meeting expectations at the door isn’t always the easiest task, especially when those expectations can be wide sweeping (example: minimize cost). procurement #purchasing #metrics #highperformance. Guest Blog Post Procurement Supply Chain Management highperformance Metrics Purchasing
NC State SCRC
APRIL 27, 2016
Will digitization change the way we measure things and monitor metrics? As organizations move towards visible, high velocity, transparent supply chains, a number of questions arise that are fundamental to the business, but which executive often struggle to answer with any clarity. How do we extend the concept visibility and control beyond our four walls to drive better execution in our supply chain?
The Logistics of Logistics
JANUARY 24, 2013
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. Key Process Indicators vs. Metrics. I sometimes use the terms KPI and metrics interchangeably, but they are not the same. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.).
TradeGecko
OCTOBER 9, 2017
Keeping track of key sales and inventory forecast metrics takes the guesswork out of business planning and goal-setting. With the right data at your disposal, you can form a realistic picture of projected sales and revenues over a defined period, and keep an appropriate level of inventory on hand to meet customer demand.
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