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
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. 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
They’re also finding that audits surface new metrics and key performance indicators (KPIs) that provide insights into a new are of process improvement and manufacturing quality in cleanrooms. Track-and-trace is essential for cleanrooms to meet FDA 21 CFR Part 820 compliance. 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
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. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Highly effective 3PLs have developed the right habits, culture and processes to deliver excellent service to their clients. 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
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
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
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
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
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. Measuring DIFOT tells whether your company is meeting customer expectations. MORE
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. Require suppliers to meet performance goals to retain approved supplier status. 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
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 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
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. Using Metrics to Measure the Health of the Business. Tracking, Managing, and Choosing Metrics. MORE
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 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
QAD
JUNE 25, 2019
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. Using Metrics to Measure the Health of the Business. Tracking, Managing, and Choosing Metrics.
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.”
Kinaxis
JUNE 22, 2015
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.
|
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.
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:
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 ).
|
SupplyPike
JULY 10, 2019
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
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.
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.
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.
SupplyPike
JULY 10, 2019
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
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.
QAD
APRIL 25, 2019
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. Require suppliers to meet performance goals to retain approved supplier status.
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 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.
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.
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.
NC State SCRC
APRIL 21, 2019
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.
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.
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
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 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.
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.
IQMS
JULY 16, 2019
They’re also finding that audits surface new metrics and key performance indicators (KPIs) that provide insights into a new are of process improvement and manufacturing quality in cleanrooms. Track-and-trace is essential for cleanrooms to meet FDA 21 CFR Part 820 compliance.
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.”
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.).
The Logistics of Logistics
FEBRUARY 15, 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. White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Highly effective 3PLs have developed the right habits, culture and processes to deliver excellent service to their clients.
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