QAD

JUNE 25, 2019

Stockouts affect customer satisfaction and revenue, and the frequent need to expedite orders adds to costs and highlights problems lurking in the system. 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.

Procurement Analytics 105

Procurement Analytics Metrics Inventory Reduction Inventory 105

Unleashed

MARCH 9, 2021

That’s where Procurement Metrics and Key Performance Indicators (KPIs) come into play. Procurement metrics and KPIs allow organisations to measure results and guide best practice performance. In this post, we’ll unpack ten top procurement metrics and why they matter. Meeting sales order demand is crucial for customer retention.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

GlobalTranz

JUNE 1, 2018

Legacy systems traditionally used for warehouse management are inefficient in the modern era; even systems in the 5- to 10-year age range. Warehouse managers can work to gain executive-level support by making the right business case for a modern warehouse management system. Download white paper.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Planning Software Optimization Software Forecasting Software 184

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

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

Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. It’s the maximum amount of time you can spend manufacturing a product while still meeting customer deadlines. As a metric, it’s the time you budget to manufacture each part or component.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Supply Chain Shaman

JANUARY 2, 2024

January 2023 started my journey fighting the healthcare system to understand my symptoms which lead to surgery in June. We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. We talk about complexity, but do not measure the impact on forecastability.

Gartner 275

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 275

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

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

USC Consulting Group

JUNE 7, 2021

It might be time to update your legacy systems; but how do you know if it’s really the right time to invest? Digital systems and advancements in tech from artificial intelligence to the Internet of Things (IoT) are powering new possibilities in business. Is there still sufficient support for our legacy system?

Supply Chain Planning Software 96

Supply Chain Planning Software Modeling Software Inventory Management Software Supply Chain Network Software 96

BR Williams Supply Chain Management

MARCH 31, 2022

Meet buyer demands. With warehouse management systems in the supply chain, businesses go from struggling with consumer demands and hidden bottlenecks to flourishing in sales and expanding with new business strategies. What is a warehouse management system? Reduce Supply Chain Costs. Save money. Grow your business.

Cost Reduction Strategies 98

Cost Reduction Strategies Supply Chain Planning Software Material Savings Waste Reduction 98

ToolsGroup

JUNE 2, 2023

The Challenge: Siloed Inventory Data and Lack of Visibility One of the primary obstacles in inventory management is the prevalence of siloed data across multiple execution systems. The larger the company, the greater the danger of duplicative, conflicting, or siloed systems. How do they achieve this?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

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. Not understanding that supply chain is a complex system.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 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. During the pandemic, companies struggled with planning systems turning off the optimizers, and using the technology as a system of record. To accomplish this goal avoid hardwiring planning platforms to transactional systems.

Supply Chain Planning Software 374

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

Supply Chain Shaman

OCTOBER 11, 2023

We speak about the need to move from a functional understanding to a global, holistic capabilities, but the traditional supply chain leader defines bonus incentives and process performance goals based on functional metrics. Yet, the primary investment in supply chain systems is linear with a focus on enterprise efficiency. Measurement.

Supply Chain Planning Software 379

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 379

Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. This metric helps the procurement department reduce future costs and prevent price increases due to inflation or other economic factors. Cost Avoidance. Quality KPIs.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

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. How is DIFOT impacted?

Metrics 61

Metrics Supply Chain Design Software Inventory Management Software Forecasting Software 61

Unleashed

OCTOBER 5, 2023

The goal of effective warehouse management is to maximise the use of available space, minimise handling costs, and streamline operations to meet customer demands effectively. It can involve employing technology such as barcode scanners, inventory management software, and automated systems to enhance accuracy and speed in handling goods.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

Supply Chain Shaman

FEBRUARY 18, 2021

The systems–based on shipment and order data–were out of step with the market. With fixed models and hard-wired data feeds, teams could not adjust the planning systems to use consumption data or market indicators. In addition, build a planning master data management system. I love the metaphor of watermelon metrics.

Supply Chain Planning Software 278

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

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.

Resource Reduction 63

Resource Reduction Cost Reduction Strategies Metrics Supply Chain Strategy 63

Kinaxis

MAY 4, 2017

by Melissa Clow It is with great pride that we announce Kinaxis® has been placed in the Leaders quadrant of the recently published Gartner Magic Quadrant for Sales and Operations Planning Systems of Differentiation. consistent metrics considering the internal and external trade-offs required across the extended supply chain.

Supply Chain Planning Software 135

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Design Software Analytics Software 135

Logistics Viewpoints

JUNE 19, 2023

The Warehouse Management System The core system used to manage a warehouse is the warehouse management system (WMS). Automatic identification (AutoID) solutions – like scan guns or Voice Systems – is what allows a WMS to ensure the right product is picked from the right location. A true WMS is a real-time system.

Supply Chain Design Software 237

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 237

GlobalTranz

MAY 11, 2018

Companies are looking for ways to stay competitive and meet the demands of their customers. Thus, the demand for warehouse management systems (WMS) has increased, but how do companies distinguish the best-of-breed WMS solutions? The answer lies in these five considerations for WMS Selection before investing in a system.

Demand Planning Software 149

Demand Planning Software Warehousing Vendor Strategies System 149

GlobalTranz

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: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

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. Quality Metrics Defining the Future of Manufacturing.

Manufacturing Procurement 56

Manufacturing Procurement Metrics Quality Predictive Analytics Software 56

DELMIA Quintiq

DECEMBER 28, 2020

Ultimately, what KPIs, as metrics and indicators derived from the set of plans are taken into account and prepared for each scenario. In essence, this includes the entire chain of supply, production, storage, distribution and finally, the customer, so that the plans make sense all involved parties. Technology for Effective Planning.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Prescriptive Analytics Software 296

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). Unless they have been managing for some time, and they have built a level of intuiti on that is better than the formal system.

Metrics 82

Metrics Waste Reduction Resource Reduction Cost Reduction Strategies 82

Silvon Software

APRIL 11, 2024

The Data Opportunity for Expanding Businesses Implementing a data analytics strategy in a growing business can yield numerous benefits, including: Enhancing Customer Insights and Personalization In the journey of expansion, understanding and meeting customer needs becomes increasingly complex.

Predictive Analytics 83

Predictive Analytics Analytics Software Analytics Sourcing Strategies 83

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Unleashed

NOVEMBER 5, 2023

A barcode inventory system allows goods to be tracked along the supply chain and within a company’s storage facilities. In this article we break down what a barcode system is, how it works, and how to set up a barcode system in a warehouse, a factory, or a small business. What is a barcode inventory system?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 52

Silvon Software

JUNE 1, 2023

Ideally, your S&OP KPIs should consist of a mix of strategic, tactical, and operational metrics. At times, finding the right metrics can feel incredibly challenging, and there might be a tendency to measure things for the sake of measurement. These metrics should align with your organization’s objectives and priorities.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

SYSPRO Smarter ERP

OCTOBER 30, 2023

Having a modern quality management system in place is therefore critical. Why quality management is important Quality management consists of the inspection and measurement of products to ensure that they meet specifications at various points along the manufacturing chain.

Quality 105

Quality Manufacturing Supply Chain Design Software Supply Chain Planning Software 105

Logistics Viewpoints

OCTOBER 26, 2023

We’re just not meeting customer expectations. So why are so many still falling short of OTIF targets (and other key metrics)? A platform approach to real-time supply chain execution integrates across every critical system so you can get a real-time ETA together with a live view of your inventory.

Supply Chain Planning Software 200

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 200

QAD

AUGUST 3, 2022

ERP systems have the ability to transform manufacturing companies, optimize operations, increase productivity, cut costs and help businesses remain competitive. It’s a type of software or system businesses use to plan and manage their daily activities, like their supply chain, manufacturing, services, financials and other operations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Optimization Software 52

Supply Chain Shaman

AUGUST 12, 2020

Heavily booked and running from meeting to meeting, I was late. The topic of the meeting was the logistics to launch of the AMR Research Top 25. As a research leader at AMR Research when I voiced the concern for a more rigorous peer group analysis in prior meetings, I hoped for a better outcome.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

DELMIA Quintiq

APRIL 15, 2020

Not only do consumers demand speed and flexibility, they want their e-commerce deliveries to meet environmental regulations – especially in the case of home deliveries, where the logistics supply chain ends at the customer’s front door. Choose software that integrates multiple systems and optimizes planning.

Supply Chain Planning Software 271

Supply Chain Planning Software Optimal Sourcing Optimization Software Supply Chain Planning 271

Supply Chain Shaman

SEPTEMBER 13, 2021

Today, only 3% of the back office employees can see the output of planning systems. Call the cross-functional strategy whiteboard meeting, and map the issues over the last year. Ask your data scientists to help you augment existing systems. Feed these new values into existing planning systems. What to do?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195