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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. But when he presents this to many companies, they don’t believe it. “I
Integrating ESG across supply chains presents clear operational and strategic challenges that require focused attention. A lack of standardized ESG metrics across industries and regions makes it challenging to consistently evaluate and compare supplier performance.
The big data architectures are often present in the current “AI offerings.” On December 5th, Supply Chain Insights is hosting a small event at Georgia Tech to share the results of a two-year research effort to connect financial metrics by industry to supply chain performance to drive value.
However, as carbon taxes and emissions reporting requirements continue increasing, supply chain professionals face mounting pressures from inside and outside their organizations to measure and improve performance against new, nebulous sustainability metrics. Freight transportation makes up over 10% of total global carbon emissions.
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!
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? Sound ridiculous?
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.
This is part two of the Top 10 Metrics to Track and Manage Risk in the Supply Chain article. Weather-related events occur, and public health scares always seem present. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 2 appeared first on Transportation Management Company | Cerasis.
Public Reporting: Publishing sustainability reports and ethical compliance metrics to highlight progress and areas of improvement. Challenges and Opportunities While ethical supply chain compliance presents challenges, it also offers significant opportunities for growth and innovation.
The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Functional metrics need to be abandoned to focus on balanced scorecard outputs. A focus on functional metrics throws the supply chain out of balance. For me, there is no time like the present. Your thoughts?
We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. In our monthly webinar last Wednesday, I presented these results.
Overcoming Challenges in Energy Transition While the advantages are clear, the transition to renewable energy and sustainable practices presents challenges: High Initial Costs: Upfront investments in EVs, renewable energy infrastructure, and sustainable packaging require significant capital.
Retailers implementing these solutions are seeing improvements in customer engagement metrics and repeat purchase rates. Conference presentations highlighted successful implementations achieving positive ROI significantly faster than traditional deployment cycles.
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.
Protecting sensitive data—such as vehicle locations, driver information, and operational metrics—requires rigorous cybersecurity measures. Connected fleets are no longer a future concept but a present-day operational tool, enhancing the competitiveness and reliability of logistics networks.
The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization. A great example of this comes from a Logility customer.
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). At the end of the presentation, I ask the audience for questions. The reason?
Related Metrics There are 3 other metrics dedicated to the measurement of social media influence as below, 1) Klout develops Klout Score, the number between 1-100 that represent influence (the ability to drive action). 3) "Average Retweets" or "the average number of retweets each user get per tweet" is used as a ranking metric.
Even though things seem to be going well (all of the meeting details are well-executed and the speaker is giving an energized presentation), the room is eerily quiet. The audience listening to these presentations does not have the courage to raise their hands and ask the question, “How do you define demand-driven value networks?”
We talk about the move from functional metrics to a balanced scorecard, but we don’t use a balanced scorecard as an objective function. In the event model, companies present case studies and opinions without a factual framework. We talk about complexity, but do not measure the impact on forecastability. It is just accepted.
Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. As I cleared my throat, and pushed my toes deep into my shoes, I bounded up the stairs to start the presentation. When all functions are jointly focused on improving these metrics, then we can have one team.
If the arrow is red, the industry is moving backwards on a metric. While we agree that each of these companies are leaders with significant contributions to the industry, we do not find these companies outperforming when compared against their peer groups on a balanced portfolio of metrics. If the arrow is green, progress was made.
The presentations provided a clear account of the companys continued investment in product development and operational capabilities, alongside practical use cases from customer deployments. According to Sutera, the facility has improved operational metrics related to order accuracy, fulfillment speed, and labor efficiency.
So, as I cleared my throat to present at the Summercon conference, I looked into the eyes of over 500 supply chain professionals. I smiled as I began to present the story of the “Metrics that Matter.” Market-Driven llamasoft Metrics That Matter network design value-based design' It is serious business.
Scaling manufacturing operations is crucial for business growth but presents unique challenges. Production Capacity Analysis While traditional testing methods can be time-consuming and offer incomplete data, focusing on key production metrics within the manufacturing process provides more actionable insights.
Aligned Metrics. To ensure the management of the complex system, the metrics of operating margin, inventory turns, ROIC, customer service, revenue, and forecast accuracy need to be managed together as a non-linear system. I then finished a forty-minute presentation, and prepared for questions. Supply Chain Design.
Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The Effective Frontier.
I am hearing it again in my interviews for the book Metrics That Matter. More encompassing of metrics beyond the growth, inventory and Return on Assets (ROA) metrics used in the Gartner Top 25. In the words of Marty Kisluik of FMC, “It takes at least three years to see results and five years to make it stable.”
The event, themed “Generating Value Together: Beyond Accuracy, Toward Intelligence,” included presentations, discussions and networking opportunities that highlighted the importance of intelligent decision-making to balance margin, cash and growth, moving beyond the traditional focus on forecast accuracy.
The label visual is only present alongside the Siemens EcoTech profile; you cannot have one without the other. It provides customers with auditable data, sustainable achievement metrics, such as energy efficiency, and useful information that can be used for product comparison. Think of the EcoTech profile as a background check.
To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.
We analyzed the impact of 150 factors on 493 financial metrics for the period of 2004-2016. By graphing the financial metrics through orbit charts, we find that 90% of companies are stuck at the intersection of operating margin and inventory turns. Share the presentations from the Supply Chain Insights Global Summit with your team.
It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. The ploys–lunches, drinks, and presents–became humourous after a while.).
On Friday, I presented an overview of outside-in planning to a consulting group. I love the questions when I present. Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. The reason?
We selected these metrics based on correlation work with Arizona State University in 2012. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups. Celebrating Success. Comparison To The Gartner Top 25.
When I finished my presentation on “past practices,” that I cannot call “best practices,” and outlined the methodology for the upcoming Supply Chain Index, a woman who had listened intently in the audience told me that I had thrown “cold water” on the audience. My message in the presentation was simple.
I was excited to place the order right away so my present would arrive in time for Father’s day. Hopefully, I will have better luck finding the perfect present for my dad this father’s day. I browsed and eventually found quite a few sweaters in green, my father’s favorite color. To my delight, I found one that was on promotion.
When I finished the presentation (the materials are available on slideshare.) It will be nice to be home and to have time to write on this second book, Metrics that Matter. The only industry that has made progress in inventory management is consumer electronics. I asked for questions. How would you have answered the question?
Most certainly, trucking statistics are easy to digest if they are presented in a fun way, with lots of color and less clutter. Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible?
He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. They prepare equipment for maintenance, do isolation (disconnect a piece of equipment from the flow of chemicals by closing valves), look at quality or reliability metrics, and do rounds. Al Syed elaborated.
Retailers should make incremental steps toward this goal, enhancing web format and ecommerce platforms , integrating systems to communicate what inventory is available and where it is located, and presenting a seamless experience to consumers. Develop Metrics to Track the Effectiveness and Efficiency of the Omnichannel Strategy.
I had worked hard to teach the team presenting to talk the language of demand , but it was not understood at the board-room level. I asked myself, “How ironic is it that the technologies and processes of the past are always presented as the answer.” On my way back to the train, I struggled with what had just happened.
Tomorrow, I present the Supply Chains To Admire 2015 Analysis at the Supply Chain Insights Global Summit in Scottsdale, AZ. It is for this reason, that we analyze the patterns of the Metrics That Matter using orbit charts over the period of 2006-2014. The theme is “Imagine the Supply Chain of 2025.” It needs to be.
In his presentation, Matt discussed the future of supply chain optimization. This is all about the alignment of metrics and objectives. Fab summed up the vision at the end of his presentation: Think big and don’t settle. As the tagline said, I was there to learn, connect, and be inspired. Be Inspired.
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