Arkieva

OCTOBER 11, 2017

In recent webinars and presentations, I have been talking about Early Warning Systems within the context of supply chains. The news story above made me think of several examples where a supply chain would use similar concepts to develop early warning metrics.

Metrics 63

Metrics How To Supply Chain Supply and Demand 63

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

Logistics Viewpoints

AUGUST 7, 2023

Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions. A previous supply planning implementation, of an SCP system from a different supplier, had not gone well. The system either works or it doesn’t.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Supply Chain Shaman

SEPTEMBER 3, 2018

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.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Supply Chain Shaman

SEPTEMBER 22, 2022

More frequent running of the optimization engines injects noise into the complex, non-linear supply chain system. For more on the building of the planning master data layer, reference the ASCM presentation from last week.) Planning Master Data : Building a system to inform and align optimization engines based on market factors.

Supply Chain Planning Software 405

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 405

GlobalTranz

JUNE 18, 2015

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

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

3PL Insights

MAY 3, 2021

May 03, 2021— Evans Distribution Systems, a leading provider of third-party logistics and supply chain solutions, launched a new business intelligence tool: evans365. Evans365 accesses and analyzes data sets from Evans’ warehouse management system and other data sources and presents findings graphically. MELVINDALE, Mich.,

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

Supply Chain Opz

AUGUST 7, 2013

7 Deadly Sins of Supply Chain System Implementation. ERP is the cornerstone of an integrated supply chain system then companies of all sizes tries to embark on an ERP journey to cut costs and improve the inter-firm collaboration. The summary of this report is presented as below, 7 Factors to Avoid. Case Studies.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Software System Vendor Strategies 133

Supply Chain Movement

APRIL 30, 2015

But in fact, all the metrics must be in balance,” says Lora Cecere from Supply Chain Insights. The analyst was joined by Bram Desmet, managing director of Solventure, to present her latest book, Supply Chain Metrics that Matter, in Brussels on 18 March 2015. Supply Chain Metrics that Matter.

Metrics 60

Metrics KPI Inventory Reduction Inventory 60

Supply Chain Shaman

MARCH 18, 2018

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.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

SYSPRO Smarter ERP

MAY 2, 2022

Deby Joevita, an award-winning User Experience Designer, mentioned during an online course that a UX design should have some metrics built in, which should provide you with the necessary direction towards achieving a meaningful experience for users. Suddenly my attention was on full alert and my interest piqued.

Supply Chain Design Software 111

Supply Chain Design Software Analytics Software Demand Planning Software Supply Chain Network Software 111

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Supported by partners Heriot-Watt University, Pedersen & Partners and RV Consultancy, the full-day agenda featured a stellar line-up of speakers presenting and discussing key issues facing logistics and supply chain management practitioners. Global Assets in a Constantly Shifting Supply Chain. & & Changing Landscape”.

Supply Chain Software 231

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 231

IQMS

JULY 24, 2019

many organizations are still handicapped by a variety of manual methods, standalone spreadsheets and other patchwork systems to track data. Key Performance Indicators (KPIs) are the specific measurements and metrics that are relevant to your specific industry and production process.

Real-time Visibility 71

Real-time Visibility Optimization Software Supply Chain Planning Software Supply Chain Network Software 71

SCMDOJO

FEBRUARY 29, 2024

However, if we ask them how many are satisfied with their systems or their approaches to doing so, very few, and often no one will tell us. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

ivalua

JUNE 26, 2023

The final session of the day, ‘Driving Sustainable Procurement’ was presented by Stephen Carter. The symposium emphasized the importance of data management to track ESG metrics and ensure compliance with regulations.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

In SIOP, accountability is a huge part of achieving desired outcomes, improving monthly metrics and satisfying the customer needs. Without a shared level of accountability challenges will present themselves and compliance will become an ongoing concern.

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

Logility

JULY 31, 2023

Challenges of Incorporating “What If” Without the Right Tools While the concept of “what if” scenario planning is undeniably powerful, implementing it manually or using outdated tools presents many challenges. Let’s start with the ubiquitous tool in sales and operations planning — Excel.

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 130

ToolsGroup

MARCH 16, 2021

The output can then be presented as a “range forecast” But this should not be confused with a probabilistic forecast. A symptom of these limitations are the various metrics used. It is possible to create metrics (probabilistic metrics!) If you have a MAPE of 60% , is that good or bad? Precision vs. Accuracy.

Forecasting 156

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Planning 156

Supply Chain Shaman

JULY 12, 2022

While fortuitous at present, it is a good time to reflect on lessons learned. The focus needs to move from functional metrics to balanced scorecard outcomes. Functional metrics insulate organizations and throw the supply chain out of balance. Hence the need for a planning master data system. in 2021 was a rough ride.

Supply and Demand 217

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 217

Supply Chain Shaman

AUGUST 12, 2020

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. During the presentation, I squirmed uncomfortably in my seat. The research project analyzed 1200 combinations of 180 metrics for four hundred companies for the period of 2010-2012. The result? The reason?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

MIT Supply Chain

APRIL 3, 2014

While reliable service and low prices are still important, these metrics have become prerequisites for commercial success. Our systems cannot be down,” Wiehoff said, and that puts pressure on providers such as CHR to invest heavily in IT infrastructure. “When I started customers cared about price and service,” said Wiehoff.

Negotiating Skills 105

Negotiating Skills Logistics Network Optimization Software Price Reduction Expense Reduction 105

Logility

JANUARY 26, 2024

However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. Enter our list of supply chain trends for 2024. The integration of AI+ will usher in a profound impact on demand planners.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

Silvon Software

JANUARY 25, 2023

This article presents 18 ideas that can be used by supply chain leaders to improve participation by their sales organizations in the process. Be sure the core elements of your demand planning process are configured the same in your forecasting system. Tie forecast metrics to operational and financial metrics.

Supply and Demand 106

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 106

Supply Chain Shaman

SEPTEMBER 4, 2017

We loaded 493 financial metrics from balance sheets and income statements for each company into the data lake for the period of 2004-2016 using YCharts data. The better supply chain planning implementations produce tighter and more reliable patterns at this important metrics intersection. I hand-pick the presentations.

Supply Chain Planning Software 169

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Supply Chain Software 169

GlobalTranz

APRIL 13, 2015

Efficient management of transportation plays a major role in determining the success rate of an organization’s distribution system. Often, the deployment of transportation management software systems or TMS systems is a great aid in reducing overall hard and soft transportation costs. Role of Technology in TMS Systems.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Optimization Software Analytics Software 120

Supply Chain Shaman

JULY 22, 2019

The supply chain is a complex nonlinear system. 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.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

Elementum

FEBRUARY 7, 2024

As automation integrates deeply into systems such as customer relationship management (CRM) and enterprise resource planning (ERP), it supports a seamless operational framework that can adapt to changing business needs. It also presents challenges , including the initial investment cost and the requirement for ongoing maintenance and updates.

Cost Reduction Strategies 78

Cost Reduction Strategies Supply Chain Software Predictive Analytics Software Resource Reduction 78

Logistics Viewpoints

MARCH 25, 2024

The software architecture allows the value to be measured and those metrics are visible to the customer and the Infor success team. Infor can still serve these customers by having their system integrator partners build the extensions or by helping the customer to harden project governance.

Vendor Strategies 225

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 225

Logility

AUGUST 18, 2023

Each of these hurdles presents its own unique issues that can disrupt alignment and hamper efficiency. Without these shared metrics, the vision for success might differ between the two, causing further misalignment. These KPIs should encompass both operational and strategic metrics.

Supply Chain Performance 188

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 188

ToolsGroup

MARCH 3, 2022

Once the relationships are defined, you can incorporate weather-driven demand analytics across various time horizons–past, present, and future–to align with key retail functions. Where can retailers expect to save money from a modern merchandising system? How to Use Weather Analytics in Retail Forecasting.

Forecasting 156

Forecasting Forecasting Software Procurement Analytics Retail 156

Logistics Viewpoints

JULY 27, 2021

State-of-the-art warehouse, labor and transportation management systems are designed to facilitate the kind of real-time data analysis necessary for spotting cost-saving, productivity-enhancing, margin-building opportunities. Byron lives the core values and mission each day by bringing the best experience possible to our clients.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

Supply Chain Shaman

JUNE 7, 2018

In today’s supply chain, these traditional assumptions are usually false; yet, we try to use old-fashioned tools to drive better decisions without testing the output of the systems. They believed that the system was driving improvement. An orbit chart is a plotting of data at the intersection of two metrics. Moving Forward.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 223

Supply Chain Shaman

JUNE 29, 2014

As Sales and Operations Planning became more important, supply chain design became more systemic. ” Most companies do not know how to manage this thing called supply chain, that is a complex system with increasing complexity. I smiled as I began to present the story of the “Metrics that Matter.”

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. Functional metrics in isolation degrade value. It is clear basics matter.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 254

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Download Silvon’s Definitive Guide to KPIs : Concepts, Best Practices & More. Buyer / Procurement Department KPI s.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113