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

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. So I started this book as a summary of this research.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Supply Chain Opz

JUNE 1, 2014

Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Supply Chain Shaman

JUNE 21, 2014

In the recent study of the Voice of the Supply Chain Leader , we find that the gaps are large, and growing. One of my favorite interviews on this topic, that I recently completed for my upcoming book Metrics That Matter , was with Amway’s Chief Supply Chain Officer George Calvert. Service level is our most important metric.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

Supply Chain Shaman

JUNE 24, 2022

We are living in a world of rich supply chain case studies. One of my stark realizations this year is that smaller companies are beating larger and often more established companies on growth metrics, inventory turns, operating margin, and Return on Invested Capital (ROIC). (In In the report, we study twenty-eight sectors.

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 366

Supply Chain Shaman

FEBRUARY 18, 2021

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. What are functional metrics? It Is Even Worse in the Pandemic. Customer service is red.

Supply Chain Planning Software 278

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

Supply Chain Shaman

SEPTEMBER 3, 2018

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Reward teams for cross-functional metrics. Focus functional metrics to improving reliability. ” Hau Lee, October 2014.

Supply Chain Planning Software 311

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

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. The study evaluates enterprise resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

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

Supply Chain Shaman

JULY 25, 2016

The winners of this analysis meet all of the criteria of improvement, value and performance when compared to a like industry peer group. Twenty-one companies meet this criterion. In this analysis, 7% of companies studied are finalists. The combination of finalists and winners equals 12% of companies studied. The Results.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Supply Chain Shaman

JULY 6, 2020

My Monday morning staff meetings could have been a Saturday night live skit. Frank, the line manager for manufacturing, dominated the meetings. Despite goals to improve agility and resiliency, functional metrics for manufacturing efficiency continually throw the supply chain out of balance. The So What?

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 287

Supply Chain Shaman

JULY 21, 2022

In business conversations, the term supply chain excellence rolls off the tongue frequently in meetings, but what does it mean? The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. My insight?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Logistics Viewpoints

JUNE 29, 2023

PO Collaboration is essential in coordinating with suppliers to ensure timely delivery of customized components and managing production schedules to meet customer requirements. It directly affects the bottom line, making it crucial to manage effectively. Make to Order: Here, products are manufactured based on specific customer orders.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

TransAudit

DECEMBER 13, 2023

Robust tracking, monitoring, and auditing will be essential for meeting goals. Work with data solution providers to meet emerging transparency regulations. Metrics and Performance Management Legacy supply chain metrics rarely capture the effectiveness of circular supply chains.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Logistics Viewpoints

DECEMBER 1, 2022

In the study we conducted in 2022 called “ Ecommerce: Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth? ”, convenience was cited as the number one reason consumers bought online and had their goods delivered—and it is consumers’ intention to have more ecommerce purchases delivered to the home.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

QAD

APRIL 13, 2023

According to a new study by Deloitte and The Manufacturing Institute, the manufacturing skills gap in the U.S. In an effort to address drug shortages, the FDA is proposing a voluntary phase of a quality metrics reporting program to learn more about a limited set of quality metrics and associated analytics. is likely to reach 2.1

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

GlobalTranz

OCTOBER 6, 2021

Finding carriers that meet specific needs and help the company reach supply chain goals provides a competitive advantage within the marketplace. Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Supply Chain Shaman

FEBRUARY 23, 2017

For this case study we interviewed Ralf Busche, Senior Vice President of Global Supply Chain Strategy and Performance. Our goal in writing these case studies is to share insights from the Supply Chains to Admire winners from 2016. While most companies make improvements in single metrics, pushing the whole portfolio forward is tougher.

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

The Logistics & Supply Chain Management Society

MAY 18, 2021

To meet the growing personalised customers’ expectations, company product lines have grown exponentially. A new hyper-focus to meet customer expectations is creating pressures upstream in the supply chain. In a study by IDC, 68% of respondents indicated that they need to revisit their operating models.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

ThroughPut

JULY 6, 2021

For example, a Deloitte e-commerce study has predicted that the global online retail volume is expected to grow at a rate of 15% till 2023. Reshaping the manufacturing world to meet new demands. The post Meet The New Normal With 5 Demand Planning & Forecasting Methods appeared first on ThroughPut.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

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. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Supply Chain Shaman

NOVEMBER 28, 2016

For this case study we interviewed Peter Smith, currently the EVP of Supply Chain for Carter’s. Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As As a group, these metrics have the highest correlation to market capitalization. Improvement. Supply Chain Index.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Supply Chain Shaman

OCTOBER 8, 2019

Financial forecasts tend to have a negative bias (forecasts less than market potential) to ensure that employees have a better probability of meeting their bonuses. The data in Table 1 is from a recent research study. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Logistics Viewpoints

MARCH 31, 2022

Both anecdotal evidence and research studies demonstrate that enterprises leveraging these advanced capabilities have fared much better than other companies during the extreme volatility of the past two years. In a study commissioned by Blue Yonder, it is estimated that a typical $10 billion company can save $14.1 Warehouse Robotics.

Logistics Network Optimization Software 206

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Supply Chain Network Software 206

Supply Chain Insights

JULY 26, 2016

The winners of this analysis meet all of the criteria of improvement, value and performance when compared to a like industry peer group. This is a high-performing group representing 5% of public companies studied. Twenty-one companies meet this criterion. In this analysis, 7% of companies studied are finalists.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

Supply Chain Shaman

MARCH 5, 2019

I am embarrassed to ask, but we were discussing the topic at our board meeting yesterday, and I must admit that we have more confusion than clarity.”. The focus is on functional metrics, but are unable to get to overall supply chain metrics. Figure 4 is a case study from Lenovo. What is an easy definition?

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

Supply Chain Shaman

JULY 12, 2013

Last month, we finished a study of organizational alignment with over 200 respondents. ” The technology investments from the last decade are not meeting expectations. In prior studies, the lack of understanding by the executive team is a major barrier. Next week, I will be writing on my new book Metrics That Matter.

Supply Chain Design Software 263

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 263

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. They had seen my videos on the website and needed a speaker for their global kick-off meeting. “I study supply chains. We are a month away from the publication of Supply Chain Metrics that Matter.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

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. Everyone participating in the research, and completing the study, will have the opportunity to share the results with their peers. Metrics Matter. These are grim statistics. It will close on March 15th.

Supply Chain Design Software 150

Supply Chain Design Software Network Design Software Inventory Reduction Supply Chain Design 150

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. Everyone participating in the research, and completing the study, will have the opportunity to share the results with their peers. Metrics Matter. These are grim statistics. It will close on March 15th.

Supply Chain Design Software 150

Supply Chain Design Software Network Design Software Inventory Reduction Supply Chain Design 150

Talking Logistics

OCTOBER 6, 2016

Based on a benchmark study¹ of retailers using home delivery technology in diverse industries worldwide, here’s what companies are actually doing in five key areas to capitalize on the home delivery opportunity. Blending Traditional + Customer-focused Metrics. postal code) or standard lead time (e.g.,

Price Reduction 153

Price Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 153

Supply Chain Shaman

MARCH 9, 2021

I studied design thinking for four years before facilitating a design thinking workshop. However, a problem arises when you try to design to meet the needs of a collection of individuals not aligned as a team. Remember the need for goal clarity, rules, and clear metrics in my opening paragraph?

Supply Chain Design Software 216

Supply Chain Design Software Supply Chain Design Supply Chain Software Innovation 216

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. This automation will impact recruiting strategies, job descriptions, KPIs/metrics, operating models, roles that we have/don’t have any longer, training programs, etc.

Meeting 40

Meeting Supply Chain Software Buyer Training Charlotte 40

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. Reader’s note, the way to reach this chart is to first identify the average value for the metric for the period of 2010-2016.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

Supply Chain Game Changer

AUGUST 30, 2021

After a chance meeting with a colleague from his college days, he realizes he has to break out of his conventional ways of thinking and knows what he has to do. It is about a research study undertaken by MIT students over a period of five years on the concept of lean production in the automobile industry, using Toyota as an example.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

The Logistics & Supply Chain Management Society

MAY 18, 2021

To meet the growing personalised customers’ expectations, company product lines have grown exponentially. A new hyper-focus to meet customer expectations is creating pressures upstream in the supply chain. In a study by IDC, 68% of respondents indicated that they need to revisit their operating models.

Agile and Lean Supply Chain 147

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Modeling 147

Enterra Insights

DECEMBER 12, 2019

During a fall meeting of the Manufacturers’ Council of the Inland Empire, Gregg Profozich, Director of Advanced Manufacturing Technologies at California Manufacturing Technology Consulting (CMTC), told participants, “Technology is key to survival of manufacturers.”[1] You wouldn’t think encouragement would be required.

Analytics Software 100

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 100