Modern Metrics

synchrono

Given the more customer-centric demand-driven model – coupled with greater access to information – the metrics that manufacturers monitor to make improvements in operations become more focused and actionable. White Paper: Demand-Driven Manufacturing Metrics that Drive Action.

Which Supply Chain Metrics Matter the Most?

Talking Logistics

Assuming you can start with a clean slate, are there any guiding principles to selecting the “right” metrics? One is they have way too many metrics. Which supply chain metrics matter the most? Do you have too many or too few metrics in your organization?

My Take: Metrics that Matter

Supply Chain Shaman

While Joe is trying to balance the feedback from Filipe and Frank, he is often asked to change his metric targets by his CFO named Lou. It is for this reason, that I believe that the traditional SCOR Model metrics are problematic. Achieving Balance in Metrics.

So Many Metrics, Which Ones Matter the Most?

Talking Logistics

When it comes to supply chain and logistics metrics, companies are either tracking too many of them or they have so many metrics to choose from that figuring out the right approach to performance measurement is a challenge. Are there any guiding principles to selecting the “right” metrics? What metric categories beyond cost and service are also important? The post So Many Metrics, Which Ones Matter the Most? Live Episode: Thursday, July 28, 2016 at 12:00 pm ET.

Your Supply Chain Probably Has a Data Problem - Start There

next challenge is determining the right metrics to focus on. this process as determining what technologies will help get those metrics. the best place to start is making sure that the key metrics that drive your.

Overcoming Complacency: How to Drive Even More Supply Chain Metric Success

Talking Logistics

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. While most metrics stop at the output level, multiple layers of metrics in a Hoshin Plan actually determine if you’re even focusing on the right targets. A sense of complacency can lurk behind benchmarks.

Editor’s Pick: Just How Valuable are Supply Chain Metrics?

Talking Logistics

Today’s post is by Joel Holt at Kenco Group , where he discusses several ways that supply chain metrics bring value to your organization. Supply chain metrics require the same observations, only instead of driving a car purchase, they speak to something far more important: efficiency and a host of abilities that your supply chain needs to survive, such as… Read more at Kenco’s blog. Editor's Pick Kenco Group logistics supply chain metrics

Inventory Metrics: From Insight to Action

The 21st Century Supply Chain

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.

Time for a Supply Chain Metrics Cleaning

Logility

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. However, companies often have too many independent metrics that can cause conflicts amongst competing supply chain functions. Functionally isolated metrics lead to sub-optimized supply chain performance.

Removing the 3 Barriers to Building a Predictive Supply Chain

resources each year guessing important operational metrics such as booking allocations or. INSIGHT PAPER: Toppling 2 Major Misconceptions. in Predictive Logistics ClearMetal Inc.

Manufacturing Metrics that Actually Matter (The Ones We Rely On)

synchrono

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”.

Efficiency vs. Productivity: Metrics that Matter…Until They Don’t

synchrono

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.

How to Establish Early Warning Supply Chain Metrics

Arkieva

The news story above made me think of several examples where a supply chain would use similar concepts to develop early warning metrics. How to Establish Early Warning Supply Chain Metrics was first posted on October 11, 2017 at 10:00 am. ©2017 Supply Chain Supply Chain Metrics Metric used to measure Supply Chain Performance Supply Chain KPI List Supply Chain Metrics Dashboard

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

Cerasis

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction.

Real time analytics for your S&OP Meetings?

causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics. track metrics. Sales & Operations Industry Report How the right enabling technology. helps you improve margins and. get more "Aha" moments.

Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

Cerasis

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.

Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. Here I share his insights: Philippe, which supply chain metrics do you think matter?

Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

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.”

10 Powerful Transportation Success Metrics to Watch

Zipline Logistics

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.

Get more “aha” moments in your S&OP Meetings

causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics. track metrics. Sales & Operations Industry Report How the right enabling technology. helps you improve margins and. get more "Aha" moments.

Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

The 21st Century Supply Chain

Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric. Why do companies focus on reducing a specific metric?

Lora Cecere on Supply Chain Metrics that Matter

AIMMS

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.

Supply Chain Metrics To Avoid Before It's Too Late!

Supply Chain Opz

Supply Chain Metrics are one of the most important best practices in supply chain management because " You can''t manage what you can''t measure ". However, under certain circumstances, metrics are not used or implemented properly. It''s the inventory metric).

Beyond Operational Metrics: Why Measuring Employee Interpersonal Performance is Also Important

Talking Logistics

Companies spend a lot of time and energy measuring operational metrics, the “what” of supply chain performance, but they generally fail to measure the “how” aspects of performance –i.e., Tweet The post Beyond Operational Metrics: Why Measuring Employee Interpersonal Performance is Also Important appeared first on Talking Logistics with Adrian Gonzalez.

Supply Chain Metrics that Matter

Supply Chain Movement

Supply Chain Metrics That Matter makes this truth clear enough with its thorough analysis of recent multi-industry performance trends. Peppered with real-world examples from across industries, Supply Chain Metrics That Matter reinforces ideas with evidence.

Changing the Production Performance Metric

Logility

Inside-out to outside-in is starting to turn. Anyone who has worked with asset intensive process manufacturers knows how hard it is to change the thinking about machine capacity utilization.

Are Your Manufacturing Metrics Meaningless?

synchrono

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.

Changing the Production Performance Metric

Logility

Inside-out to outside-in is starting to turn. Anyone who has worked with asset intensive process manufacturers knows how hard it is to change the thinking about machine capacity utilization.

How Supply Chain Best Practice Metrics Can Predict the NFL Super Bowl

The 21st Century Supply Chain

So, I decided to use supply chain best practice metrics to predict the Super Bowl participants, and the ultimate winner. This is a simple equation, but yet very effective when used as an end-to-end metric. Speed is the metric that pulls all the functional areas together.

6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

Cerasis

Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain.

[e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs

Cerasis

Take a look at how a business can use technology, metrics, and services to improve transportation processes, which range from supplier shipping to route optimization. We hope you enjoy this comprehensive look into data, business intelligence, metrics, and the CORE KPIs every shipper and manufacturing or supply chain professional should know in order to continually improve business practices and reduce overall costs.

Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

Cerasis

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:

5 key metrics for last-mile logistics

Abivin

It is not an easy task, but thanks to the 5 key metrics below, we can better manage the performance of this last mile supply chain. Cost per Km The Cost per Km metric is an easy way to determine the cost it takes to drive a vehicle one kilometer.

Using the Correct Performance Metric Makes a Difference

APICS

This is the last in a series of posts about operations and support for complex systems (or systems of systems), such as an electrical grid, railroad line, or assembly line.

Last Mile Metrics: 11 Metrics to Measure in Last Mile Logistics

Cerasis

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics.

Supply Chain Metrics That Matter: A Focus on Aerospace and Defense

The 21st Century Supply Chain

Supply Chain Metrics That Matter: A Focus on Aerospace and Defense. In Supply Chain Metrics That Matter: A Focus on Aerospace and Defense , Supply Chain Insights benchmarks A&D companies against other industries and dives into data from five top A&D companies over the last decade.