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

Cerasis

This is the second post in a three-part series on Supplier Quality Management also known as SQM. In today’s post, Chuck will take it a step further and break down metrics and issues to look out for by 5 main industries: Pharmaceuticals. Trend Metrics Collected per Site.

5 Quality Metrics Predicting The Future Of Manufacturing

IQMS

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks.

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

Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

Cerasis

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. In fact, we are introducing our newest blog category so you may easily read all supplier quality management type posts here. . The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. Cost of quality.

Driving Supply Chain Analytics User Adoption with Cross-Departmental Metrics

Logility

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.

Best Practices for a Marketing Database Cleanse

As frustrating as contact and account data management can be, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information. Entrusting a vendor to help maintain its accuracy and completeness is no ordinary engagement. Download ZoomInfo’s latest data-driven eBook aimed to help marketing leaders understand the best practices around choosing a B2B contact data provider.

Modern Metrics

synchrono

As such, more marketers have embraced inbound, or pull-based strategies that drive quality engagement (visits, downloads, clicks, views, likes/follows, etc.) Combat data overload by knowing what you want to achieve and focusing on metrics that align with those goals.

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?

Inventory Metrics: From Insight to Action

Kinaxis

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.

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.

Metrics that Matter: Quality Management

QAD

Quality affects every aspect of manufacturing, encompassing the totality of features, services, customer interactions and promises that comprise a product offering. Using Metrics to Measure Quality. Design for Quality. Most industry standards recommend design for quality.

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.

Traceability In Food & Beverage Manufacturing is The Cornerstone of Quality

IQMS

Compliance and quality are the foundations all great food & beverage manufacturers rely on to create and strengthen trust with their distribution networks and customers. Traceability Is Key To Excelling At Compliance And Quality for Food & Beverage Manufacturing Companies.

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.”

What Qualities Make the Best Supply Chain Leaders?

Kinaxis

Connecting strategic supply chain imperatives—that align with overall company objectives—to a tactical management system necessitates the establishment of meticulous metrics. Manufacturing strives to maintain high quality and productivity while keeping production costs low.

A Tale of Two Companies: Different Quality Management Starting Points!

Supply Chain Game Changer

Check out Supplier Quality Management: Drive Value By Safeguarding Value! It has a quality defect.” ” I responded, “Is that actually a quality defect? Quality is a measure of conformance to a standard, and we have no standards.” Subscribe Here!

Who Needs Quality Management?

Oracle SCM

Everyone knows that quality is an important topic. With such an approach, companies are working in a sub-optimal manner, and then start to face these types of challenges: - Quality metrics are either not available or are incomplete. - Inability to view real-time metrics.

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). It’s not always possible to achieve 100 percent quality at maximum productivity levels.

Metrics that Matter: Customer Service

QAD

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. Choosing Metrics. Everything has a cost, and every decision affects multiple metrics.

Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics

ThroughPut

Manual tasks always have a high risk of human errors with high production and supply chain costs , time involved, and a compromise on quality to a great extent. The post Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics appeared first on ThroughPut.

Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics

ThroughPut

Manual tasks always have a high risk of human errors with high production and supply chain costs , time involved, and a compromise on quality to a great extent. The post Manufacturing Throughput – A Comprehensive Guide on Key Manufacturing Metrics appeared first on ThroughPut.

Supplier Quality Management: Drive Value By Safeguarding Value!

Supply Chain Game Changer

If we can draw a comparison between Thanksgiving dinners and procurement, they are essentially an every day example of why supplier quality management is important. A quality fit can help a procurement team create top-line growth and customer satisfaction. Quality will cost.

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

Kinaxis

So, I decided to use supply chain best practice metrics to predict the Super Bowl participants, and the ultimate winner. Okay, not just yet… Let’s consider that best in class supply chains use ‘ Value’ to measure success: Value = [(Service * Quality) / (Cost * Speed)] + Innovation.

DIFOT: A Metric of Supplier Performance

Unleashed

Delivery In Full On Time, or DIFOT, is a metric used to analyse how accurate and efficient your supply chain is. When it comes time to reassess the approved supplier list, then you can use these metrics to disqualify problematic suppliers and improve your own performance and supply chain. If you are measuring your own DIFOT scores as a distributor, you can use the metrics to promote your own success and ability to fulfil demand.

Quality Improvement in Manufacturing: Relief for Operations Manager

ThroughPut

The number of jobs, defects, cash conversion cycle, and output targets from operations were flipped to other metrics to hit for investment into ThroughPut. The only real metric that ticks for an Entrepreneur is burn rate. Fall has begun.

Quality Management in Supply Chains: Performance and Conformance

The UCLA Anderson Global Supply Chain Blog

Quality Management in Supply Chains: Performance and Conformance. Managing quality in such fragmented supply chains is indeed extremely challenging. Suppose that a supplier is being asked to produce a product with a quality grade of 150 ± 60.

Supply Chain Metrics: Make Sure They Are Aligned with Your Strategy!

Supply Chain View from the Field

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. Rather then selecting a plethora of meaningless metrics, it is always better to focus on a critical few, and select them wisely. Step 2 – Develop Metrics and Data Sources. Quality Objective.

Manufacturing Gains From Machine Learning

IQMS

Automating quality testing using machine learning is increasing defect detection rates up to 90%. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

According to my research, top-performing supply chains possess three very different qualities. A supply chain that produces products at the same cost, quality and customer service given the level of demand and supply volatility. Reward teams for cross-functional metrics.

Data Quality Is Critical To The Supply Chain Function – Did Someone Forget To Ask?

NC State SCRC

Data quality and governance has always been “ important ” to the supply chain function but today it is “ critical ”. Our most recent study completed by the Supply Chain Resource Cooperative in 2018 suggests that the majority of senior management may not be completely aware of the impact of poor data quality on decision support systems, though a majority perceive that their competitors may be surpassing them in the application of data-based decision-making.

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

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.

Cleanroom Manufacturing Strategies That Pay

IQMS

Prioritizing audits to improve quality, scale, and visibility. A regular cadence of internal quality audits provides invaluable data not available through any other process. Standardizing on an integrated quality management system to reduce scrap rates, improve supplier quality.

Why Demand-Driven Manufacturing is Focused on Metrics for Action

synchrono

Demand-driven managers know that having too many metrics leads to conflicting measurements. We call these Metrics for Action. Metrics for Action. Metrics for Action are not intended for overall business analysis or for simply reporting. Driving Continuous Improvement.

Quality Audits Are The Future Of Food & Beverage Manufacturing

IQMS

Bottom Line: Food & beverage manufacturing’s future is being defined by the over 60 customer quality audit requests a typical manufacturer receives every year, combined with the need to excel at FDA audits and compliance to stay competitive.

6 Data Quality Issues Stopping You From Achieving Perfect Data (and how to fix them)

HICX Solutions

If you’re reading this, it’s probably because you’re experiencing data quality issues at this very moment in time. The 6 most common data quality issues hampering your organisation. In other words, when should data quality processes be implemented (if at all)?

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Financial Reengineering is the radical redesign of business processes and organizational structure in order to achieve significant improvements in performance, such as productivity, cost reduction, cycle time, and quality. Cash-to-cash is a compound metric.