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Track the Supply Chain Metrics that Really Matter

Precoro

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

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NRF 2024: Supply Chain Data

Logistics Viewpoints

The usual themes were still very present as solution providers and retailers alike were more than happy to talk about omni-channel, mobility, robotics, and machine learning, to name a few. This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain.

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Avoiding Dead-end Streets As We Build the Future of Supply Chain Planning

Supply Chain Shaman

This week, I spoke at a University of Wisconsin event on responsiveness and ASCM on the future of supply chain planning. Here I want to share insights on my beliefs on the future of Supply Chain Planning. Managing supply chains in the face of this level of uncertainty is new and unprecedented.

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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. According to my research, top-performing supply chains possess three very different qualities.

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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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Outside-in Process Q&A

Supply Chain Shaman

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?

Modeling 206
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The 10 Procurement Metrics that Matter in 2021

Unleashed

In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. What is procurement? Undamaged shipment rate.