RFgen

DECEMBER 4, 2024

We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency. Understanding Supply Chain Efficiency Supply chain efficiency refers to maximizing output while minimizing resource input.

Sourcing Strategies 96

Sourcing Strategies Waste Reduction Inventory Reduction Expense Reduction 96

Logility

AUGUST 5, 2021

But before you start measuring everything in sight – and a few things not in sight – start with a set of thoughtful intentions and questions that will guide you to the right set of metrics and the right set of expectations. Cash-Cash Cycle Time; Return on SC Fixed Assets; Return on Working Capital ASCM SCOR Metrics, Supply Chain Council.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

ToolsGroup

JUNE 2, 2023

In this blog post, we’ll explore the challenges of inventory management in today’s manufacturing landscape , discuss the importance of a “single source of truth” for global inventory, and introduce a powerful solution that can help manufacturers transform their operations and drive profitability. How do they achieve this?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

SCMDOJO

APRIL 11, 2025

Running procurement and supply chain without metrics is like driving blindfolded. On-Time Pick-up (OTP): On Time Pick up (OTP) refers to the percentage of shipments that are picked up by a carrier within the agreed upon time frame. Decoding the Metrics: What Are They Telling You? Do you have many vendors for the same category?

Pricing Training 72

Pricing Training Optimal Sourcing Purchasing Skills Negotiating Skills 72

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. It combines decisions across sell, deliver, make and source processes to drive value based outcomes. Metrics Alignment. Most companies operate well within functions, but struggle to build strong horizontal processes.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 330

Unleashed

MARCH 9, 2021

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.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Precoro

MAY 19, 2023

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.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. Traditionally what we typically refer to as indirect goods are mostly in Category 4. Optimize sourcing: Focus on optimizing sourcing spend across all categories of products.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

Descartes

JUNE 4, 2025

Accordingly, these expenses are excluded from Adjusted EBITDA, which we reference to both measure our operations and as a basis of comparison of our operations from period-to-period.

Expense Reduction 195

Expense Reduction Material Savings Cost Reduction Strategies Price Reduction 195

Supply Chain Shaman

SEPTEMBER 28, 2022

Navigating through the turmoil is unprecedented: there are no easy reference models to guide behavior. Make, source, and deliver need to be managed together based on analytics that sense and respond at the speed of business. The supply chain team’s past thirty-two months of disruption were a long, winding road full of surprises.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. To ensure successful integration, they should create a plan with timelines, resources, and evaluation metrics (refer Figure 2).

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Viewpoints

JULY 19, 2023

In the survey, APQC used a series of performance metrics, including net promoter score, customer retention rate, perfect order performance, and on-time delivery among others, to identify the top performing companies. This shows that all companies still have a long way to go when it comes to fuel consumption from renewable sources.

Sustainability 246

Sustainability Optimal Sourcing Logistics Material Savings 246

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. But, if a company wants to work with a new supplier, and that supplier is in the network, metrics on that carrier also exist.

Agile and Lean Supply Chain 293

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 293

Supply Chain Opz

NOVEMBER 12, 2016

Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. As you may notice, the search results will always show number of citations or how many times each publication is referred to by other publications.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Strategy 271

Logistics Viewpoints

MARCH 27, 2023

When companies talk about improving their forecasting, they are most often referring to demand forecasting. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. How much will demand be impacted? All of these things are all but impossible to forecast with any degree of accuracy.

Forecasting 271

Forecasting Forecasting Software Modeling Optimal Sourcing 271

Precoro

DECEMBER 24, 2024

AI in procurement refers to using advanced technologies to make procurement processes faster, more efficient, and data-driven. Unlike traditional tools that often operate in isolation or rely on rigid workflows, AI connects the dots between disparate data sources, providing a more comprehensive view of procurement activities.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Silvon Software

JULY 22, 2022

For one thing, today’s operational processes have become more complicated due to the ever-growing number of sources, platforms and touchpoints that must now be analyzed in order to drive actionable insights from them. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

DELMIA Quintiq

DECEMBER 14, 2021

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. Source: [link]. However, the bigger share of food that goes to waste happens in supply chains, which differs from food waste and is referred to as “food loss.” Pete Pearson Director of Food Waste, WWF.

Waste Reduction 296

Waste Reduction Food Optimal Sourcing Material Savings 296

IQMS

MAY 1, 2018

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. Quality Metrics Defining the Future of Manufacturing.

Manufacturing Procurement 73

Manufacturing Procurement Metrics Quality Predictive Analytics Software 73

Supply Chain Shaman

APRIL 17, 2013

Source Merriam-Webster Dictionary. The definition is: An adaptive network focused on a value-based outcome that senses and translates market changes (buy- and sell-side markets) bidirectionally with near real-time data latency to align sell, deliver, make and sourcing operations. The acronyms keep coming…. The cadence does not stop.

Supply Chain Design Software 258

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 258

SCMDOJO

FEBRUARY 16, 2025

Agentic AI refers to proactive, self-learning systems capable of making independent decisions, solving problems, and continuously adapting to changing conditions. Keelvar Keelvar specializes in autonomous procurement and supplier negotiations, making sourcing more efficient and cost-effective.

Optimal Sourcing 72

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Sourcing Strategies 72

Logistics Bureau

DECEMBER 22, 2024

Well, the chart below illustrates the Level 1 Supply Chain KPIs that I suggested for a company in the past (these are for just one specific industry): For reference: Advantage = the top 20% performers in this sector Parity = the next 30% of organisations Disadvantage = the lower 50% The results in the Blue boxes are a sample company.

KPI 74

KPI Agile and Lean Supply Chain Supply Chain Strategy Supply Chain 74

Supply Chain Shaman

JUNE 14, 2014

I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. This is the clear articulation of when and how to make, source, and deliver for the community. It is one thing to write it, but it is a horse of another color to defend it. We would love to hear from you.

Manufacturing Procurement 345

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 345

Supply Chain Brain

JUNE 10, 2025

For smaller fashion brands, as highlighted by Glossy , the financial burden of tariffs can be especially acute, often forcing them to absorb higher costs or shift their sourcing strategies entirely. Supply Chain Finance & Revenue Management Lawyer for 737 Crash Victim Families Slams DOJ Deal with Boeing Quality & Metrics U.S.

Cost Reduction Strategies 59

Cost Reduction Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 59

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. References Garnder, S. worry no more!

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

ToolsGroup

JULY 10, 2018

It often employs statistical metrics like MAPE (mean average percentage error), which has hit a wall in recent years due to increased demand volatility and this approach's mostly backward-facing nature. Data sources for the forecast can include planned sales orders, customer contracts and intercompany standing orders.

Supply and Demand 192

Supply and Demand Demand Planning Software Forecasting Forecasting Software 192

Talking Logistics

JULY 19, 2013

LLamasoft Launches Data Services to Provide Reference Data for the Supply Chain Design Community. Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas. HighJump Software Acquires Evenex.

Logistics Network Optimization Software 153

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 153

GlobalTranz

NOVEMBER 19, 2018

Let’s Get into the Specifics Think about this: 79 percent of companies with high-performing supply chains (these are often referred to as Supply Chain Leaders (SCLs)), have revenue growth that is significantly above their industry average, according to this report by Deloitte. The same could be said about natural disasters.

Supply Chain Risk Management 205

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 205

Supply Chain Shaman

JUNE 21, 2016

In the traditional supply chain world, the processes of sell, deliver, make, source, and plan are separate and distinct. The metrics reward functional thinking. For reference, 52% of companies have a network design group, and 40% of these companies think that they do it well. This is not an easy transition.

Supply Chain Design Software 218

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 218

Arena Solutions

JUNE 3, 2025

Well-established organizations typically have dedicated risk management teams; however, they often work in a reactive mode, relying on outdated or infrequently updated data sources. Our clients also leverage Arena Analytics to monitor quality, lifecycle status, and other metrics related to supplier performance. References [link]

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimal Sourcing 52

Logistics Viewpoints

JUNE 26, 2023

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. Aera refers to these algorithms as Aera Skills.

Supply Chain Planning Software 210

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 210

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. Pierre-Francois Thaler, co-founder and co-CEO, explains the company’s business model and why it’s important to get rated.

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

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. There must be a clearly defined data source with a standardized process for collecting and measuring that data. The Basics of Procurement KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

ivalua

AUGUST 17, 2021

There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier. What is Direct Procurement? What is Indirect Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

ivalua

JULY 15, 2021

With this mounting pressure to commit to Net Zero and CPOs goals and incorporate sustainability metrics into all aspects of procurement decisions and processes, businesses are looking to elevate ESG strategies with a mind for climate change, ethical social practices and stronger governance models.

Material Savings 130

Material Savings Sourcing Strategies Supply Chain Strategy Sustainability 130

Supply Chain Shaman

DECEMBER 13, 2021

How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? Is there a need to redesign metrics to move from a functional and traditional function to drive goal alignment? How do we drive bi-directional orchestration across source, make and deliver?

Sourcing Strategies 195

Sourcing Strategies Cost Reduction Strategies Supply Chain Design Software Supply Chain Planning Software 195