Supply Chain Shaman

FEBRUARY 26, 2024

In today’s training class, we focused on determining the balanced scorecard. Based on the work with Georgia Tech, we are getting clear on which metrics matter by industry. As companies adopt a balanced scorecard, the functional metrics shift to a focus on reliability. Analyze inventory health. Education is fundamental.

Modeling 206

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 206

Logistics Viewpoints

AUGUST 7, 2023

It was an IT-led implementation where a planning model was developed, the solution implemented, and then planners – who had not been sufficiently prepared and trained – were expected to use a system significantly different from the legacy systems they were familiar with. Implementing supply planning solutions is hard. Count them!

Supply Chain Planning Software 175

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

ToolsGroup

APRIL 27, 2022

Actual) Strategies for Managing Stress in the Workplace. And the strategies you can add to your daily routine. Steve Pogson, Founder & E-commerce Strategy Lead, FirstPier. 9 Stress Management Strategies to Overcome Burnout. Here are the nine strategies you can practice and look to employ in your own life.

Sourcing Strategies 296

Sourcing Strategies Supply Chain Strategy Price Mitigation Strategies Strategy 296

Procurement Academy

MARCH 14, 2024

By investing in training programs that directly impact employee needs and business outcomes, you can ensure that your budget allocation contributes to the overall growth and success of your company. By providing targeted training and development opportunities, you can future-proof your organization and foster a culture of continuous learning.

Buyer Training 96

Buyer Training Material Savings Resource Reduction Price Mitigation Strategies 96

Supply Chain Insights

JUNE 1, 2017

This past month I attended our Supply Chain Insights Bootcamp training led by Lora Cecere in Philadelphia and facilitated the first course of a Cross-Company Academy training, End-to-End Supply Chain Orchestration. Cross-Company Academy is a 7 month online training course, Bootcamp is a 2 day in-person training course.)

Supply Chain Strategy 161

Supply Chain Strategy Supply Chain Software Price Mitigation Strategies Supply Chain 161

Supply Chain Shaman

JANUARY 9, 2024

The group’s response is, “Are these supply chain metrics?” ” For many stuck in the myriad of functional metrics, like Operational Efficiency (OEE), Purchase Price Variance (PPV), or transportation cost, a focus on growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) is a stretch.

Supply Chain Planning Software 287

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 287

Supply Chain Shaman

APRIL 18, 2023

For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Train teams to model variability and build a planning master data layer to understand layers of variability. (A Rationalize global strategies to focus on building markets based on in-market sourcing. Build in-market sourcing.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Supply Chain Shaman

DECEMBER 7, 2022

Based on my research, I write about four strategies that drove value over the last decade. Which strategy drove the most significant value??” ” So, I started work with Arizona State University to take balance sheet data from 2003-2007 to analyze which combination of metrics drove the highest market capitalization.

Inventory Reduction 53

Inventory Reduction Material Savings Supply Chain Strategy Price Mitigation Strategies 53

SYSPRO Smarter ERP

MARCH 28, 2024

It is a modern business strategy that lets company staff make decisions based on facts instead of biases. Increasingly, businesses need to hire and train analysts and data scientists. To achieve this, training that is focused on data literacy is important. How to apply metrics One challenge is deciding what metrics to use.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 52

Supply Chain Shaman

SEPTEMBER 20, 2015

When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy? SanDisk’s Journey to Build a Supply Chain Customer Segmentation Strategy. It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

GlobalTranz

FEBRUARY 2, 2018

Omnichannel has been a buzzword in supply-chain circles for several years, but retailers that have invested in implementing omnichannel strategies have shown less than superior results, says Steve Dennis via Forbes. These problems show weaknesses and overlooked concerns when implementing omnichannel supply chain strategies.

Omnichannel 169

Omnichannel Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 169

GlobalTranz

MAY 20, 2015

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. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. It had been a long night. However, I had little time to be tired. ” I smiled.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Elementum

FEBRUARY 7, 2024

By automating risk assessment and mitigation strategies, businesses can proactively address challenges, safeguarding assets and reputation. By analyzing customer data, AI identifies trends and behaviors, enabling targeted engagement strategies that improve retention and lifetime value.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

QAD

APRIL 13, 2023

At INTERPHEX 2023, QAD will share strategies leading Contract Development & Manufacturing Organizations (CDMOs) are implementing to keep customers happy while navigating these challenges. In April 2022, its new CEO Alessandro Maselli announced an acquisition of Metrics Contracts Services for $475 million just one month into the job.

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

Supply Chain Insights

JULY 23, 2017

Forge a strategy? Use our Metrics That Matter methodology to look at improvement and performance. At each round, employees gain an understanding of the value of supply chain decisions through the sharing on the Supply Chain Metrics That Matter. Training. We want to help, we offer three types of training.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 0

Kinaxis

SEPTEMBER 23, 2015

Economists seem divided about whether existing metrics are sophisticated enough to properly measure the link between technology and job loss. But strategic, communications and strategy-focused roles are only projected to grow in the coming years as the world continues to globalize. workers’ jobs, will be threatened by automation.

Supply Chain Software 100

Supply Chain Software Buyer Training Price Mitigation Strategies Training 100

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. An important aim of successful negotiation strategies is to secure the best possible terms and value for the organization while maintaining a positive and productive relationship with the supplier.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Supply Chain Shaman

MARCH 6, 2015

The Center of Excellence is driving supply chain evolution against an operating strategy. Clarity of the Operating Strategy. They deliver on the operating strategy. I expect to see that where there is clarity in the operating strategy, the Supply Chain Center of Excellence is aligned to deliver on success. Metrics Matter.

Supply Chain Design Software 150

Supply Chain Design Software Network Design Software Inventory Reduction Supply Chain Design 150

Supply Chain Shaman

MARCH 6, 2015

The Center of Excellence is driving supply chain evolution against an operating strategy. Clarity of the Operating Strategy. They deliver on the operating strategy. I expect to see that where there is clarity in the operating strategy, the Supply Chain Center of Excellence is aligned to deliver on success. Metrics Matter.

Supply Chain Design Software 150

Supply Chain Design Software Network Design Software Inventory Reduction Supply Chain Design 150

The Logistics of Logistics

FEBRUARY 11, 2022

OTIF is a key supply chain metric. Lynch and his team leverage data intelligence and strong industry relationships to help clients uncover transportation savings, build scalable supply chain strategies, and ace retailer compliance programs. Andrew Lynch and Joe Lynch discuss the true cost of OTIF failure. About Andrew Lynch.

Cost Reduction Strategies 206

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 206

Unleashed

APRIL 21, 2024

This guide breaks down the order processing steps and definition, and then explores a few helpful strategies for improving it. Order processing metrics for tracking performance Order processing metrics help businesses monitor and improve their operational efficiency and customer satisfaction. What is order processing?

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Supply Chain Shaman

JANUARY 19, 2014

Despite multimillion dollar technology projects, and tomes of strategy documents, they are stuck in their ability to overcome market factors and rising complexity to drive continuous improvement on a portfolio of metrics. Last week, I taught a public training class. I love doing strategy days with teams.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 278

Unleashed

OCTOBER 31, 2023

Effective implementation of workforce optimisation strategies ensures you have the valuable workforce resources you need for the growth of your manufacturing operations. The primary goal of workforce optimisation strategies is to reduce operational costs. Workforce optimisation should be an always-on strategy.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Silvon Software

JANUARY 25, 2023

Sales management needs to develop a customer-interaction strategy, often by channel, market, or customer segment. Salespeople have personal interest in their metrics, so it’s helpful if the forecasting software calculates the forecasting KPIs to make it easy for them to see where they stand. Employ training and coaching.

Supply and Demand 106

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

Logility

NOVEMBER 30, 2020

Start with documenting the “As-Is” process capabilities and corresponding key performance metrics. Envision the “To-Be” process capabilities and desired performance metrics through benchmarking, group brain storming sessions, and alignment to business strategy and direction.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy 179

Precoro

JULY 16, 2023

This individual also ensures that established purchasing practices align with the general company financial strategy and business objectives. These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

GlobalTranz

DECEMBER 11, 2018

How Teresa professionally develops employees & what are some trainings she feels are important to keep them current in their industry. Innovation & Strategy Resources for Shippers. The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. Download E-Book.

Logistics Network Optimization Software 137

Logistics Network Optimization Software Innovation Real Estate Resource Reduction 137

RFgen

APRIL 18, 2023

To minimize misships, businesses must implement best practices that focus on optimization, technology, and employee training, ensuring accurate shipments every time. Therefore, investing in a strategy to prevent misships pays for itself—and more. Train Employees on Best Practices Technology can only do so much to prevent misships.

Optimization Software 52

Optimization Software Supply Chain Planning Software Inventory Management Software Supply Chain Software 52

IQMS

JULY 16, 2019

Based on interviews with plastics manufacturers and the MAPP Survey, the following 5 strategies provide manufacturers guidance on how they can increase their revenues using a cleanroom-driven strategy. Proven Strategies For Improving Cleanroom Manufacturing.

Price Reduction 44

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 44

Elementum

DECEMBER 14, 2023

Metrics to Measure Success Once automation has been implemented, it’s crucial to track its success through Key Performance Indicators (KPIs) and other metrics. Remember to review and adjust your automation strategy based on these metrics and evolve your processes to maximize efficiency and effectiveness.

Supply Chain Software 78

Supply Chain Software Optimization Software Resource Reduction Supply Chain Planning Software 78

Supply Chain Shaman

JULY 21, 2022

The selection of metrics is based on prior work with Arizona State University to understand which metrics, in combination, correlate to market capitalization and price to book value. Few companies actively manage complexity and automate segmentation strategies. Why do we spend four months doing this?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

RFgen

MARCH 10, 2023

We will also explore the best practices for improving order picking speed and accuracy , as well as strategies for integrating these improvements. Be sure to measure current order picking metrics, such as: Picking accuracy Picking rate Fill rate On-time rate Travel time You may also need to evaluate other relevant inventory KPIs.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

Elementum

JANUARY 16, 2024

Furthermore, long-term success in automation is highly dependent on a well-planned implementation strategy and the continuous development of employees’ skills. One major challenge is selecting the right processes for automation, as this lays the foundation for a successful automation strategy.

Supply Chain Software 78

Supply Chain Software Logistics Network Optimization Software Resource Reduction Optimization Software 78

Supply Chain Shaman

MAY 7, 2015

The answer for many teams I work with is to wave their hands and declare the need for an end-to-end supply chain strategy. Building the Effective End-to-End Strategy. While companies believe that there is opportunity to building an end-to-end strategy, there is no standard definition. Figure 1: Supply Chain Descriptors.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 150

Supply Chain Game Changer

MAY 29, 2021

Having a great customer experience strategy is the way to go. A well-executed strategy will give you positive results, maximize consumer lifetime value, increase your revenue and boost customer satisfaction. Below are seven ways you can create a great customer experience strategy for positive results: 1.

Sourcing Strategies 93

Sourcing Strategies Procurement Analytics Price Mitigation Strategies Supply Chain Strategy 93