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

Cerasis

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction.

How Artificial Intelligence is Boosting Supply Chain Performance

Logistics Bureau

A slew of new digital technologies is disrupting supply chain operations, but none is having more of an impact on the industry than artificial intelligence (AI). AI-based applications can extract data from multiple sources and provide answers in seconds.

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Know sooner, act faster and accelerate your supply chain performance!

Kinaxis

by John Westerveld When things happen in supply chain, knowing sooner and acting faster can mean the difference between a major catastrophe and a minor hiccup in your supply chain performance. Imagine this scenario; you are a supply chain executive for a major U.S.-based Is this kind of performance too good to believe? Can you imagine your supply chain planning team being able to pull this off?

Want to Improve Supply Chain Performance and Profitability?

OneSCM

Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos. In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. However, supply chains inherently rely on many different links in the chain and, therefore, different business systems are in use (ERPs, WMS, TMS, etc.). Manual process reliance, also makes it very difficult to track supplier performance.

Want to Improve Supply Chain Performance and Profitability?

OneSCM

Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos. In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. However, supply chains inherently rely on many different links in the chain and, therefore, different business systems are in use (ERPs, WMS, TMS, etc.). Manual process reliance also makes it very difficult to track supplier performance.

Question and Answer ? Accelerate Supply Chain Performance Using Advanced Analytics

Logility

On the recent webcast, Accelerate Supply Chain Performance Using Advanced Analytics , I had the pleasure to speak with a leading authority in analytics, Bill Panak, Vice President, Data Science, Halo Business Intelligence. We explored how to harness and analyze new data sources to boost business planning and transform this information into actionable insights that can accelerate your supply chain and retail planning initiatives.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.

Resiliency of Your Supply Chain – And How to Improve it.

Adexa

Covid-19 has been a good lesson for most companies to bring to surface the vulnerability of their supply chains. In addition, companies face supply chain issues due to demand fluctuations, supply disruptions and transportation issues almost on a day to day basis.

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Ingredients of Supply Chain Digitalization

Adexa

Now a days almost every company is thinking of supply chain digitalization. Digitalization requires a digital twin of your supply chain, i.e. a digital representation of the physical world. Accurate model of supply chain is a must.

Supply Chains By the Numbers

Supply Chain Shaman

When 2015 rolls in, for me, it will mark a decade of quantitative research focused on understanding the evolution of supply chain management. Insights on Supply Chain Organizations. In the early years, there were no supply chain organizations. I like many other gray-haired supply chain professionals reported through a functional organization like manufacturing or transportation. It is my 300th blog post on the Supply Chain Shaman.

White Paper Supply Chain Performance Management

Supply Chain Digest

Green Supply Chain. Lean Manufacturing/Supply Chai. Retail Supply Chain. Supply Chain Agility/Flexibili. Supply Chain Network Design. Supply Chain Optimization. Supply Chain Risk. Supply Chain Strategy. Supply Chain Visibility. Search Supply Chain Videocasts. You are trying to access premium content, available only to Supply Chain Digest subscribers (usually free).

The Fight of the Titans

Supply Chain Shaman

Supply chain leaders are competitive. The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Now in 2018, we are starting to see the evolution of “Gods” with new business models that are redefining supply chain processes. Yet, the Titans, the first generation of supply chain super powers, continue to battle competitors.

Measuring Up?

Supply Chain Shaman

The average manufacturing company’s supply chain organization is 15 years old. Historically, the traditional supply chain focused on improving costs. Today, more mature supply chain teams focus on delivering value. While companies want to improve supply chain performance and drive value, it is easier said than done. It usually takes at least three years for a supply chain to make an impact on financial balance sheet results.

Adexa IBP, Why So Unique!

Adexa

However most companies, if not all, who offer only S&OP solutions have no capability to produce short term plans which are accurate enough for execution, they have no factory planning capability, most have no capability to perform true ATP/CTP, and cannot integrate with PLM and MES to be able to produce real-time response to events. The higher levels perform search and optimization at the supply chain network level creating guide posts for the lower levels of planning.

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BASF: A Story of a Supply Chain Leader

Supply Chain Shaman

Over the last two decades the company successfully leveraged global scale to define supply chain leadership. With 12,000 supply chain employees operating in 80 countries with 2400 storage facilities, supply chain excellence and innovation are the foundation of corporate performance. For this case study we interviewed Ralf Busche, Senior Vice President of Global Supply Chain Strategy and Performance. Performance.

Time for a Mea Culpa?

Supply Chain Shaman

For most companies today there is great room for improvement in the supply chain. Companies want a supply chain that is more aligned and agile. Current State of Supply Chains. On the 9th of April, I went to see a supply chain leader that spoke of how a “tightly integrated” global supply chain was making things worse for him. Supply chain matters more, but it is understood less and less.

Pursuing a Career in Logistics and Supply Chain

Logistics Bureau

The truth be told, the supply chain management profession is extremely broad and the range of jobs in the industry is vast. Supply Chain Planner: A manager whose main responsibility is to analyse a company’s supply chain performance. Sourcing.

Rockwell Automation: A Case Study in Supply Chain Excellence

Supply Chain Shaman

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the Supply Chains to Admire Award. To understand the journey, we interviewed Ernest Nicolas, head of the global supply chain at Rockwell to gain insights.

Next-generation supply chains: Efficient, fast and tailored

Global Trade Management

By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high. Next-generation supply chains: Efficient, fast and tailored. PwC recently published a new survey about the "Next-generation supply chains: Efficient, fast and tailored". Following are some key statements: Companies that beat the competition on supply chain performance also.

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Supply Chain Digest Presents the Best in Supply Chain Content.

Supply Chain Digest

Green Supply Chain. Lean Manufacturing/Supply Chai. Retail Supply Chain. Supply Chain Agility/Flexibili. Supply Chain Network Design. Supply Chain Optimization. Supply Chain Risk. Supply Chain Strategy. Supply Chain Visibility. Search Supply Chain Videocasts. You are trying to access premium content, available only to Supply Chain Digest subscribers (usually free).

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Supply Chain Consultants in New Zealand: Boosting Business Performance

Logistics Bureau

Supply chain consultants in New Zealand know that this far-flung corner of the world is replete with logistics opportunities and challenges, just like any other nation. New Zealand’s remote location, inter-island geography, and contrast in demand density between urban and rural regions, combine to make innovation vital for success in supply chain management. How Supply Chain Consultants Aid Innovation. Articles Consultants Global Sourcing People

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supply chain management is a rapidly evolving field.

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This Week in Logistics News (July 20-24, 2015)

Talking Logistics

There was a lot of supply chain and logistics news this week, so let’s go straight to it. Transplace Launches Supply Chain Consulting Practice. LEGACY Supply Chain Services Launches Grader Tool and eBook to Evaluate Supply Chain Performance. Manhattan Associates Reports Record Second Quarter 2015 Performance. and Accelerating Supply Chain Speed and Efficiency with Global Trade Data.

From Field to Fork

Logility

Accelerate your Food and Beverage Business through End-to-End Supply Chain Capabilities. I have worked as a supply chain practitioner in a number of industries, but have found the supply chain challenges in the food & beverage industry to be some of the toughest to address. What’s needed is a synchronized and optimized plan across the entire end-to-end F&B supply chain— one integrated business plan from “Field to Fork.”.

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Reimagine Supply Chain of the future: There are many facets to imagining Supply Chain of Future. What are the learnings from Covid disaster that leaders will incorporate into future supply chains? Let us study major highlights of Supply Chains of the future.

Supply Chain Priorities: Seven Things That Matter Most

ToolsGroup

A recent Gartner study, conducted annually, sheds some light on what matters most to top executives in supply chain technology. I attended the Supply Chain Technology User Wants and Needs Study delivered by Dwight Klappich at the Gartner Supply Chain Executive Conference two weeks ago in London, where he laid out Gartner’s latest findings about the things that matter most in supply chain performance. Supply Chain Planning

Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

Following COVID-19 the global chemical supply chain market reported a severe decline in output. Overcoming these challenges, regional chemical manufacturers and suppliers are now forced to rethink and readjust their global supply chain model. The answer – supply chain integration. Collaboration amongst partners is essential to address challenges, ranging from demand-supply volatility to fulfilling orders on time.

When Cupid’s Arrow Hits the Supply Chain

OneSCM

Cupid’s work isn’t done alone, however – he requires a little help from the supply chain. Flowers, candy, cards, jewelry and other gifts exchanged all have one thing in common: they require companies to seamlessly integrate their supply chain operations in order to deliver goods in time. Many of the flowers purchased this year will be sourced from abroad. The post When Cupid’s Arrow Hits the Supply Chain appeared first on TAKE Supply Chain.

Health Check Your Supply Chain for Inefficiencies

Talking Logistics

Even in 2019 many companies still underestimate the importance of their global supply chain and above all, how their logistics and supply chain performance can beneficially impact their marketing, ultimately leading to healthier financial results. Driven by customer demand, organizational changes and issues, a focus on sales, customer retention, globalization and other time-consuming challenges, companies are being steered away from supply chain innovation.

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Process Chemicals – A Complex Supply Chain in Motion

Logility

The supply chain that supports these complex facilities are also in continuous motion. Increasing customer expectations, global competition, increasing ingredients and labor costs, and growing industry consolidation put tremendous pressure on process chemical companies to improve their end-to-end supply chain. There has been significant progress made in improving supply chain planning capabilities for the chemical industry over the last 10 years.

End to End Supply Chain

LeanCor

A Future State for Your End to End Supply Chain. It may seem like wishful thinking to successfully implement and sustain a supply chain that delivers the highest possible value to the customer at the lowest possible total cost. Here are some key things to consider when developing a future state vision for your end to end supply chain. The Challenge of Applying Lean to the End to End Supply Chain.

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QAD Supplier Portal: An Introduction

QAD

Manufacturers are realizing the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. This builds a more effective manufacturer-supplier partnership that lowers inbound supply costs and improves supplier performance. Many manufacturers still rely on outdated processes or fail to understand the role supplier integration plays in maximizing global supply chain performance.

Supply Chain Analytics

o9 Solutions

Analytics Driven Control Tower to Align Supply Chain Policies to Business Strategies and Market Needs. Top Reasons Organizations are Upgrading their Supply Chain Analytics Capabilities. Ability to answer real demand and supply change what-ifs. Increase productivity, automation and speed in the supply chain planning process. Move from unit centric to financially smart supply chain planning. Optimal Network Sourcing Analytics.

Process Chemicals — A Complex Supply Chain in Motion

Logility

The supply chain that supports these complex facilities are also in continuous motion. Increasing customer expectations, global competition, increasing ingredients and labor costs, and growing industry consolidation put tremendous pressure on process chemical companies to improve their end-to-end supply chain. There has been significant progress made in improving supply chain planning capabilities for the chemical industry over the last 10 years.

Reality Check: Why It’s Impossible to Manage an Entire Supply Chain Using the ERP Alone

OneSCM

Why Every Supply Chain Function from Procurement to Accounts Payable Will Perform Better if You Have an ERP Orchestration Engine (i.e. true Supply Chain Orchestration Platform). This is why supply chain orchestration platforms that boast ERP orchestration capabilities are now highly advocated by industry analysts. More importantly, ERP orchestration platforms provide the perfect, scalable foundation for an end-to-end digital supply chain (DSC).

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