My Take: Metrics that Matter

Supply Chain Shaman

It is exciting to have two years of research, nine months of writing, and four months of editing to become crisp, fresh pages. While Joe is trying to balance the feedback from Filipe and Frank, he is often asked to change his metric targets by his CFO named Lou.

Supply Chain Metrics that Matter

Supply Chain Movement

Supply Chain Metrics That Matter makes this truth clear enough with its thorough analysis of recent multi-industry performance trends. The research shows that continually building value at all points along the value chain is the key to sustained success.

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Lora Cecere on Supply Chain Metrics that Matter

AIMMS

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Lora Cecere is the founder and CEO of the research firm Supply Chain Insights. I was an analyst at AMR Research and subsequently Gartner.

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.”

Editor’s Pick: Just How Valuable are Supply Chain Metrics?

Talking Logistics

Today’s post is by Joel Holt at Kenco Group , where he discusses several ways that supply chain metrics bring value to your organization. You would do your research before car shopping, take a few test drives, and eventually decide on a model that works for your needs. Editor's Pick Kenco Group logistics supply chain metrics

Manufacturing Metrics that Actually Matter (The Ones We Rely On)

synchrono

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. But are employees being rewarded for metrics that do not in turn reward demand-driven flow and the customer signal (both real and imagined)?

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

Cerasis

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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. This is a critical metric in regulated industries such as medical devices, pharmaceutical, biotechnology, and food and beverages.

Lora Cecere: ‘All the metrics must be in balance’

Supply Chain Movement

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.

Research: What Leading Shippers Do to Obtain Better Truckload Rates and Performance

Talking Logistics

Take your cue from the latest findings of MIT researchers. Robinson , the researchers examined the best practices that separate Leaders from Laggards in getting better truckload rates and performance. The researchers used TMC data for 40 shippers and looked at over a million loads. They multiplied three commonly-used metrics for measuring truckload performance to identify the Leaders: First tender acceptance (FTA).

Elephant in the Room: Thoughts on Metrics That Matter in Semiconductor and Hard Disk Drives

Kinaxis

Supply Chain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Semiconductor is poised to consolidate, which will have huge impact on the metrics. by CJ Wehlage.

Top 10 Demand Planning Metrics You Should Have on Your Dashboard [Infographic]

Arkieva

To stay ahead of the curve, effective demand planners must track the right metrics that can help curtail possible demand planning issues ahead of time. Top 10 Demand Planning Metrics You Should Have on Your Dashboard [Infographic] was first posted on January 29, 2019 at 2:07 pm. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

Which Metrics Matter? Interview with Philippe Lambotte

Supply Chain Shaman

My journey to understand supply chain Metrics That Matter started three years ago. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow. Here I share his insights: Philippe, which supply chain metrics do you think matter?

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. To help the reader, let’s start with definitions used in our research: Efficiency. In Table 1, from our research, I share ten tactics to consider.

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

In the research, I’m trying to understand the impact of choices—technology, process innovation, and leadership– on balance sheet performance. The research is independent and data-driven. We selected these metrics based on correlation work with Arizona State University in 2012.

Measuring Up?

Supply Chain Shaman

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time.

A Critical Fulfillment Metric: The Perfect Order

Logistics Viewpoints

The perfect order metric (POM) is one of the most critical metrics in fulfillment. The Warehouse Education and Research Council’s (WERC) definition of the perfect order metric is that a perfect order is delivered: Complete; On time; Damage free; And, with the correct documentation and invoicing.

A New Way of Looking at Manufacturing Metrics

synchrono

The metrics you use to manage your manufacturing operations need to matter, and they need to be actionable. For a detailed review of the operational metrics we recommend in a demand-driven manufacturing environment, refer to our Metrics for Action Guide. Most experts agree.

2016: Building a Balanced Scorecard for Discrete Industries

Supply Chain Shaman

For each metric we show the averages and the percent change from the beginning and end of the period. Metric Performance for Discrete Industries. Tonight I am writing the Supply Chain Metrics That Matter report on the High-Tech Industry, and the Research in Review for 2015.

Manufacturing Labor Productivity: A Vital Metric to Spur for American Manufacturing to Compete

Cerasis

Author information Adams Nager Economic Research Analyst at Information Technology and Innovation Foundation Adams Nager is an economic research analyst at the Information Technology and Innovation Foundation.

Manufacturing Industry Ranks First in Response to Sales Leads Says New Research

Cerasis

Some very revealing research was just published by B2B lead generation firm SalesStaff detailing the way B2B companies respond to sales inquiries. How did your industry fare in their lead response metrics?

Trying to Throw A Light On Supply Chain Excellence

Supply Chain Shaman

” The essence of the article was that the leading expert on smoking, Johanna Cohen from John Hopkins in USA Today, bravely admitted that after four years of research that she did not know. We invest in research and give it away freely. We take research seriously.

Don’t Perpetuate the Hoax of the Gartner Top 25

Supply Chain Shaman

At the time, I was a new analyst at AMR Research and the concept of scoring supply chains was new. The discussion in the conference room was to have a methodology to clearly define supply chain excellence and to use this definition to drive our research and to help clients.

Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

An orbit chart is a plotting of data at the intersection of two metrics. In this case, the metrics are operating margin and inventory turns. Instead, invest in research and driving value with clients. Definitions: Provocateur.

Announcing the Supply Chains to Admire 2015

Supply Chain Shaman

It is for this reason, that we analyze the patterns of the Metrics That Matter using orbit charts over the period of 2006-2014. The analysis is designed to analyze supply chain leader success on a portfolio of metrics.

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. Ironically, most companies are very entrapped in measuring and rewarding functional metrics which degrades overall improvement. Cash-to-cash is a compound metric.

What is the return on ERP implementation? Results from our research

Supply Chain View from the Field

Such systems are also instrumental in establishing aligned tactical and strategic performance metrics systems that drive improved economic outcomes (Bendoly et al., A research study published recently in the International Journal of Operations and Production Management by my PhD student, Yun-Yung Huang and myself, suggest that the data point to some interesting results.

Wanted: Supply Chain Architects!

Supply Chain Shaman

From the research, we know that when organizations have source, make and deliver reporting to the same leader, that supply chain performance improves (intersection of operating margin and inventory turns).

Let’s Fail Forward….

Supply Chain Shaman

While I will know more when I finish the research than I do now, I want to encourage all readers in manufacturing and retail to participate. Everyone participating in the research, and completing the study, will have the opportunity to share the results with their peers. Metrics Matter.

21 Vendor Metrics Your Supplier Scorecard Might be Missing

Supply Chain Cowboy

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Of course, you’ll want to be courteous and professional with your feedback, but being open and honest with this metric can go a long way to solving problems between you.

Public Markets Reward Supply Chain Alignment

Supply Chain Shaman

The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. I feel that there is too little primary research in the area of supply chain management.

Mining Supply Chain Data for Insights

Supply Chain Shaman

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. To complete the research, we assigned each company in the analysis a unique company ID to reduce bias.

Data 223

2016: Building a Balanced Scorecard for Discrete Industries

Supply Chain Shaman

For each metric was show the averages and the percent change from the beginning and end of the period. Table 1: Metric Performance for Discrete Industries. Tonight, I am writing the Supply Chain Metrics That Matter Report on the High-tech Industry and the Research in Review for 2015.

Looking Beyond Red Arrows

Supply Chain Shaman

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. Companies balance supply chain metrics better in good times than bad. 2) Focus on a balanced portfolio of metrics.

Writing: Working on My Book

Supply Chain Shaman

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. The research is the fun part of the process. I recently interviewed him for my upcoming book, Metrics that Matter, that publishes in August 2014.

Why I No Longer Believe in the Gartner Supply Chain Top 25

Supply Chain Shaman

The research tries to establish “ who did supply chain best ” by looking at a weighted formula of Year-over-Year Growth, Return on Assets (ROA), and Inventory Turns for the Fortune 500 companies. See how different the progress is on this metric by industry?