This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Open Sky Group, a global leader in supply chain execution solutions, has announced a strategic partnership with Easy Metrics , a premier provider of labor management and warehouse performance management solutions.
In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In my post Mea Culpa, I reference my work with the Gartner Supply Chain Hierarchy of Metrics. Error is error, but is it the most important metric? My answer is no.
Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events. Why Monitor Transportation Metrics. Transportation metrics provide visibility that helps drive operative and competitive advantages.
The post KPI Supply Chain: Parcel Metrics to Track and Boost Peak Season Value appeared first on Transportation Management Company | Cerasis. These best practices go back to the root of digital transformation within logistics, recognizing when things go wrong and intervening immediately.
This buyers guide will cover: Review of important terminology, metrics, and pricing models related to database management projects. Download ZoomInfo’s latest data-driven eBook aimed to help marketing leaders understand the best practices around choosing a B2B contact data provider.
Yet in EY’s research, they report that “nearly all supply chain leaders (97%) say that their organizations are currently facing challenges as it relates to supply chain metrics and that challenges come from a lack of integrated data and cross-functional metrics being in conflict with each other, among others.
A lack of standardized ESG metrics across industries and regions makes it challenging to consistently evaluate and compare supplier performance. Finally, companies are focusing on linking ESG outcomes such as emissions reductions, labor practice improvements, or waste minimization to measurable operational and business metrics.
Samuel Parker and Joe Lynch discuss DAT iQ: the metrics that matter. Key Takeaways: DAT iQ: The Metrics that Matter In the podcast interview, Samuel Parker gave a freight market overview based on DAT’s database of $150 billion in annual market transactions.
The DOE is still issuing large federal loans to startup companies, Novonix a synthetic graphite startup just received a $755 million loan to support its mission and reach its goal of producing 31,500 metric tonnes of synthetic graphite.
We’ll explore the vital signs of project success through the lens of the “iron triangle” metrics, using deliverables as tracers. This session is your guide to evaluating the health of your projects through Waterfall and Agile practices like Scrum and Kanban.
The research methodology for the Supply Chains to Admire compares the performance of a company against its industry peer group for the metrics of Year-over-Year Revenue Growth, Inventory Turns, Operating Margin, and Return on Capital Employed (ROCE). For 80% of industries, the supply chain metrics represent more than 40% impact on value.
Solvoyo has a metric they call the user acceptance rate. This metric measures the percentage of time the planners accept replenishment, transportation, or inventory plans as they are without any change in the timing of the delivery or the quantity to be delivered.
With freight transport accounting for a significant share of global emissions, efforts to improve logistics now extend beyond operational metrics to include resilience, regulatory compliance, and climate performance. The global freight sector faces growing pressure to balance cost-efficiency with environmental responsibility.
Functional Metrics and the Lack of Alignment to Strategy. Few companies are clear on the number of supply chains they operate, design the rhythms and cycles of each, and align metrics to the strategy. The industry is not clear on desired outcomes. Clarity on Value. Guess what? It doesn’t. These two reports are coming soon.
Speaker: Ketan Jahagirdar - Sopheon’s Director of Product Management
Join us for a deep dive into the world of financial strategy, as we dissect key metrics that drive CFOs and business leaders’ investment decisions. Empower yourself as a project manager with insights that directly influence the financial landscape and strategic direction of your organization!
KPIs: More Than Metrics – They’re Tools for Change was first posted on December 4, 2024 at 11:02 am. Learn how to design effective supply chain KPIs that drive organization change, align teams, and improve performance with actionable insights.
Use of Supply Chain Descriptors Most organizations are locked into functional silos driven by functional metrics. Stuck in a rut, supply chain leaders try to punch their way through a set of conflicting metrics and priorities each day. The metrics defining success in manufacturing and procurement do not align.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
This integration includes tracking individual components and collecting data on environmental impact, including sustainability metrics such as carbon footprint and recyclability. Tracking key performance metrics and conducting regular audits help identify areas for improvement and ensure ongoing compliance with regulatory requirements.
Many rely on inappropriate metrics borrowed from other departments, wasting resources and overlooking valuable opportunities. This guide outlines why innovation metrics are hard to track and offers a framework for creating effective KPIs.
Public Reporting: Publishing sustainability reports and ethical compliance metrics to highlight progress and areas of improvement. Key transparency initiatives include: Supply Chain Mapping: Using digital tools to trace the journey of products from raw materials to finished goods.
Metrics like carbon emissions, waste diversion rates, worker safety incidents, and supplier compliance scores provide clear indicators of success and help build trust with stakeholders. Measuring Progress and Building Trust Transparency is essential in sustainability efforts.
At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) I never calculated and accounted for the inter-dependencies between metrics.
Data-Driven Insights: Provides valuable insights into shipping costs and performance metrics to optimize operations. Dedicated Support: Offers expert support to guide you through the setup and implementation process.
Download this eBook to get the skinny on OTIF metrics, identifying the root cause of issues, and how to improve your scores! Information on Walmart’s On-Time In-Full program is scattered, so we’ve put together everything you need to know about OTIF.
The issue is that when companies optimize functional metrics, they throw the supply chain out of balance and sub-optimize value. Using the objective function of market capitalization/employee, we find that 40-70% of value can be modeled using the four metrics of growth, Return on Capital Employed (ROCE), inventory turns, and operating margin.
Built-In Sustainability Reporting Some orchestration tools are adding carbon tracking or energy use metrics alongside cost and delivery performance data. More Modular Platforms Organizations are moving away from one-size-fits-all ERP systems and adopting orchestration tools that can connect with a range of vendors, devices, and formats.
Form and socialize your own hierarchy of metrics. Here is the metrics framework that I am using at present in my outside-in classes. For example, don’t focus on forecast error. Instead, analyze demand flow characteristics by demand stream to evaluate Forecast Value Added (FVA), forecastability, and bullwhip impact.
Timestamps (00:00:04) A Trillion Dollars in Freight Transactions (00:00:16) Guest Background (00:00:50) DAT Freight Marketplace (00:01:36) DAT Analytics for Brokers and Carriers (00:06:31) Economies of Scale for Shippers (00:09:17) FedEx Exec on Logistics Puzzle (00:11:59) Industry Partnerships (00:16:41) Trillion Dollars in Freight Transactions (00:20:32) (..)
2022 was the year of corporate commitments to sustainability, and 2023 is the year where promises become proposals, mission statements become metrics, and aims become actions. We need to act now by making the right decisions. New regulations have been set regarding the corporates, and they must comply.
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?
We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency. Efficient supply chains strengthen collaborative relationships through automated communication systems and shared performance metrics.
Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). A focus on functional metrics throws the supply chain out of balance.)
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?
Download the report to learn more about: The strategies and technologies ABM marketers are using to increase ABM successes Why it’s important to shift toward more targeted, personalized assets How marketers are meeting buyers' demands for self-service journeys Which metrics and marketing KPIs matter across the ABM funnel
beef from 1,000 to 13,000 metric tons , removing the 20% tariff within that limit. Further details on derivative product eligibility and quota volumes have not been published. Agriculture and Ethanol The UK has raised its import quota for U.S. Imports exceeding this quota remain subject to standard rates.
Not all the transactional data, just the data required to calculate a metric or make a decision. So, we deploy an agent on an SAP environment. The agent selectively pushes data to the Aera data model.” These agents help to ensure the core parameters in planning, like lead times, are accurate and up to date.
It is my hope that we can side-step political discussions demonstrated in my stories and ground the problem solving in scientific methods to understand the properties of data, the potential of supply chains through modeling, and the alignment of metrics. Relative Importance of Supply Chain Skills. All the best in your journey.
Set Measurable Goals: Establish clear targets for emissions reduction, energy efficiency, and sustainability metrics. Strategies for Implementation To ensure a successful transition, companies should adopt targeted strategies: 1. Regularly review progress to ensure accountability and alignment with objectives.
Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.
Combine data from: Enterprise Resource Planning (ERP) systems Transportation Management Systems (TMS) Warehouse Management Systems (WMS) Internet of Things (IoT) sensors Supplier portals Customer relationship management systems (CRM) Performance Metrics and KPIs Performance metrics measure how effective your supply chain is.
Conduct Comprehensive Financial Analysis Demonstrate tangible ROI by highlighting: Projected revenue improvements Cost savings Return on investment metrics Performance during market volatility Real-world data shows probabilistic forecasting can improve forecast accuracy by 15-25% compared to traditional methods.
How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? Is there a need to redesign metrics to move from a functional and traditional function to drive goal alignment? In the design of the digital program, spend time on metrics and reward systems.
Metrics must reflect the new priorities. These tools dont need to cover the entire network to be useful. Piloting them in high-risk or high-margin areas is often the best way to prove their value. Cultural alignment is just as important. Resilience needs to be part of how success is measuredalongside efficiency, not in place of it.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content