article thumbnail

Supply Chain Normalcy? Think Again.

Supply Chain Shaman

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. United States Inflation Rates and GDP Inflation is the highest in forty years. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Tougher than most understand.

article thumbnail

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. What are functional metrics?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

GlobalTranz

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. 10 Soft Metric Considerations in Measuring Supply Chain Performance. The goal is to keep inventory levels at a minimum to meet customer needs.

article thumbnail

A New Decade: Give Science A Chance

Supply Chain Shaman

George’s stated goal was an “end-to-end supply chain strategy,” but the verbage rambled in a non-sensical cycle of monosyllabic industry slang when asked to define it. In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay.

article thumbnail

The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. We are not your father’s traditional Procure-to-Pay solution.

article thumbnail

Navigating the Supply Chain Management Fault Line

Supply Chain Shaman

This transfer of ownership reduced the effectiveness of procurement. Stalled progress on metrics: 90% of companies find themselves stuck on key supply chain metrics (cost, inventory, growth, ROIC). If you are in the United States have a great Thanksgiving. The result? We don’t have the answers.

article thumbnail

The State of the Trucking Market in 2021

GlobalTranz

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. United States Business Logistics Costs fell by around 4% to end up at an estimated$1.56 transportation metrics ?that Download the White Paper: Over the Road Freight Management Trends. transportation management optimization ?to