QAD

MARCH 28, 2019

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. DIFOT (Delivery in Full by Line and/or Order).

Customer Service 80

Customer Service Metrics Forecasting Forecasting Software 80

Supply Chain Shaman

OCTOBER 16, 2023

A shift from functional metrics to a balanced scorecard. I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. The focus on functional metrics sub-optimizes balance sheet results. Funny, isn’t it? Not Paying Attention to Process Latency. The result?

S&OP 321

S&OP Supply and Demand Forecasting Supply Chain Design Software 321

GlobalTranz

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. Inventory measurement is critical and it is money after all in that it took a capital expense to procure.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

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. The metrics you choose should answer the questions your organization is asking, without requiring additional analysis.

Metrics 100

Metrics Inventory Reduction Inventory Inventory Management Software 100

Supply Chain Shaman

JULY 19, 2020

The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. Stop the Focus on Functional Metrics.

Supply Chain Design Software 400

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 400

Unleashed

SEPTEMBER 22, 2019

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.

Metrics 61

Metrics Supply Chain Design Software Inventory Management Software Forecasting Software 61

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

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. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

Arena Solutions

JUNE 5, 2023

Quality and Regulatory Alignment for Audit Readiness Full transcript below: Wendy Levine Welcome to today’s webinar, exploring “Quality and Regulatory Alignment for Audit Readiness.” So, Arena is a cloud-native system that controls product lifecycle as well as your quality processes. I like to think if I can do it, anyone can.

Quality 52

Quality Supply Chain Design Software Supply Chain Planning Software Analytics Software 52

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

QAD

APRIL 13, 2023

While Contract Pharma & BioPharma manufacturers continue to experience an increase in demand for more projects, new challenges are emerging from nearly every angle including new regulatory and quality requirements, workforce shortages and of course, supply chain disruptions.

Pharmaceutical 93

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 93

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Abandon the processes focused on multiple layers of meetings to improve collaboration of organizations that are not aligned, but focused on transactional data. Tougher than most understand. History is a poor guide for the future.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

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). In its simplest form, an explanation of productivity versus efficiency is the difference between quantity and quality. Something is missing.

Metrics 82

Metrics Waste Reduction Resource Reduction Cost Reduction Strategies 82

QAD

APRIL 25, 2019

Quality affects every aspect of manufacturing, encompassing the totality of features, services, customer interactions and promises that comprise a product offering. Using Metrics to Measure Quality. Quality is not just an end-of-the-line process—it is a mindset that the entire organization must subscribe to.

Metrics 93

Metrics Quality Expense Reduction Cost Reduction Strategies 93

SYSPRO Smarter ERP

NOVEMBER 2, 2023

Quality management (QM) ensures products are delivered to a specific quality standard and that processes maintain those standards. Smart machines enable better monitoring of production equipment and real-time reporting in case of quality issues and machine problems. It can also help to reduce costs, rework and scrap.

Quality 106

Quality Manufacturing Metrics Analytics Software 106

IQMS

SEPTEMBER 11, 2019

Compliance and quality are the foundations all great food & beverage manufacturers rely on to create and strengthen trust with their distribution networks and customers. How strong they are at traceability is the cornerstone every one of them rely on to meet compliance requirements and keep excelling at quality.

Beverage 50

Beverage Quality Food Manufacturing 50

Logility

AUGUST 15, 2023

Recognizing supply chain resiliency also depends on meeting compliance standards, companies leverage the platform to gain well-rounded multi-tier visibility into supplier adherence to internal company policies and government mandates. Compliance spans various dimensions such as environmental sustainability, quality, and security.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Supply Chain Shaman

FEBRUARY 18, 2021

Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. In most organizations, there is a dashboard of functional metrics that shows all of the functions operating in the “Green” or acceptable levels until it comes to customer service. What are functional metrics?

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Efficiently managing these processes is vital for companies to meet customer demands, minimize costs, and maintain a competitive edge. Generative AI and LLMs have potential benefits but face challenges such as data quality across large data sets and ethical implications with bias, fairness, and transparency.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logility

DECEMBER 28, 2020

You may have called a few meetings, written a few emails, maybe even scribbled on a whiteboard and snapped a photo. Specifically, practitioners can use intuitive displays to drill into safety metrics, product quality, on-time delivery, cost efficiency, and much more. Quality Control. It’s a high bar.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Supply Chain Shaman

SEPTEMBER 3, 2018

According to my research, top-performing supply chains possess three very different qualities. A supply chain that produces products at the same cost, quality and customer service given the level of demand and supply volatility. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

OptiProERP

APRIL 9, 2024

Quality control measures are integrated at various checkpoints to ensure compliance with specifications and standards. Quality Assurance Quality assurance ensures that products meet predefined quality criteria. Continuous improvement initiatives help enhance product quality and customer satisfaction.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

ToolsGroup

DECEMBER 16, 2021

In his book, Lean Retail & Wholesale , professor and author Paul Myerson defines the shift towards lean retail as “a dramatic change in the way products are ordered and distributed that is far more data-centric and focused on understanding and meeting customer demand.” The impact of lean retail on supply chain management.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. How is it possible? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Logility

DECEMBER 29, 2020

You may have called a few meetings, written a few emails, maybe even scribbled on a whiteboard and snapped a photo. Specifically, practitioners can use intuitive displays to drill into safety metrics, product quality, on-time delivery, cost efficiency, and much more. Quality Control. It’s a high bar.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

ThroughPut

MAY 14, 2020

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.

Metrics 52

Metrics Manufacturing Waste Reduction Supply Chain Software 52

ThroughPut

MAY 14, 2020

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.

Metrics 52

Metrics Manufacturing Waste Reduction Supply Chain Software 52

ThroughPut

MAY 14, 2020

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.

Metrics 52

Metrics Manufacturing Waste Reduction Supply Chain Software 52

SYSPRO Smarter ERP

MAY 29, 2023

Key metrics that will indicate if marshalling is needed relate to picking and shipping. It includes pick quality to ensure that the quality of the goods being dispatched meets standards and that what has been picked is correct to what was ordered. This in turn will update available stock quantities within the Warehouse.

Warehousing 98

Warehousing Material Savings Expense Reduction Cost Reduction Strategies 98

Supply Chain Game Changer

NOVEMBER 23, 2018

If we can draw a comparison between Thanksgiving dinners and procurement, they are essentially an every day example of why supplier quality management is important. A quality fit can help a procurement team create top-line growth and customer satisfaction. The input of a supplier’s quality is indicative of a customer’s satisfaction.

Quality 42

Quality Cost Reduction Strategies Resource Reduction Vendor Strategies 42

Precoro

DECEMBER 11, 2023

Company priorities extend far beyond just the purchasing price, so strategic sourcing also considers the following factors: Delivery price Delivery speed Quality and durability Servicing requirements Regulatory compliance Innovation These factors should be weighed against each other, as well as against the purchasing price.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

SYSPRO Smarter ERP

APRIL 17, 2023

This can lead to improved quality, reduced waste, and optimized production processes. Performance metrics: Measure key performance indicators (KPIs) such as production output, cycle time, and quality metrics to track performance and make data-driven decisions that optimize operations.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Armed with a good understanding of the scope of transportation services required, the Procurement Team can proceed to conduct Market Research to identify potential service providers who are able to meet the transportation services required. Address any performance issues or deviations promptly to maintain service quality.)

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Taulia

JULY 21, 2022

Companies with an efficient and effective supplier management process are much better placed to obtain goods and materials of higher quality and at lower cost, in a more reliable and timely fashion, than those without. Metric: The number of orders containing defective products divided by the total number of orders placed. Defect rate.

Negotiate Pricing 75

Negotiate Pricing Supplier Management Optimal Sourcing Procurement Analytics 75

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Inbound Supplier Quality Levels : The quality of products produced depends heavily on the quality of products delivered by the inbound suppliers. Therefore, it is important to measure how well these suppliers meet the expected high level of quality. can be measured to define this metric. Manufacturing KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

BlueYonder

APRIL 9, 2024

For the past 175 years, Carlsberg has continuously reinvented itself from a marketing, innovation and product perspective, while remaining true to its core values of enriching communities while manufacturing quality drinks. Spanning 140 brands, 40,000 employees, 150 global markets, and 12.5 A prospect to raise a glass to.

Optimal Sourcing 101

Optimal Sourcing Sustainability Material Savings Waste Reduction 101