Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Shaman

MAY 13, 2024

If you have walked in the shoes of the supply chain leader, you are probably laughing by now. When a supply chain leader opens a discussion with, “I am leading an initiative for digital transformation”, I know I am in trouble. How aligned do you believe your organization is to drive these metrics?

S&OP 376

S&OP Supply and Demand Inventory Reduction Expense Reduction 376

ToolsGroup

JUNE 2, 2023

But then, supply chain disruption became the rule instead of the exception, consumers changed their tastes as often as their socks, and global competition started playing hardball. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy.

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

Procurement Analytics 84

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 84

GlobalTranz

JULY 1, 2021

As supply chains become more impacted by market disruptions and unpredictable events, they’re also becoming more critical to a company’s customer experience levels and bottom line. Why Monitor Transportation Metrics. Why Monitor Transportation Metrics. Actionable data is one of the most critical business drivers.

Metrics 315

Metrics Transportation Vendor Strategies Logistics Network Optimization Software 315

ToolsGroup

MAY 15, 2024

In our previous discussion on decision-centric planning , we explored its fundamental principles and how it can revolutionize supply chain management. During the COVID-19 pandemic, global supply chains faced unprecedented disruptions due to lockdowns, restrictions on movement and shifts in consumer behavior.

Supply Chain Planning Software 177

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 177

Supply Chain Shaman

JULY 19, 2020

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question. Here, in this blog, I explain.

Supply Chain Design Software 437

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 437

Supply Chain Shaman

JUNE 24, 2022

Life for the supply chain leader is more complex. The future inventory fire sale. We are living in a world of rich supply chain case studies. Each day, the Wall Street Journal features a supply chain failure as front-page news. Why Is There No Economy of Scale in Supply Chain Acquisitions?

Supply Chain Planning Software 392

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 392

Logistics Viewpoints

MAY 15, 2024

This year’s theme was supercharged supply chains, and in building off of its innovation shockwave from last year, that is exactly what Blue Yonder is trying to build. Angove reminded the audience that supply chains are mission critical, and the company has become an engineering-centric company. Mr. Usie and Ms.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Agile and Lean Supply Chain 216

GlobalTranz

JUNE 14, 2017

But, how do supply chain leaders and managers ensure their omnichannel supply chain is working. The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. Inventory Accuracy. In other words, how do they know it is profitable?

Procurement Analytics 191

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 191

Silvon Software

JULY 22, 2022

Supply chain performance KPIs are invaluable measurements that support the growth and success of a company’s supply, fulfillment and delivery efforts. Why is KPI tracking so important in supply chain management? But more importantly, significant supply chain improvements can occur as a result.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

Logistics Viewpoints

APRIL 11, 2024

Makers of weight loss drugs are looking out a big picture window of patented opportunity right now, but this rosy view is blocked by supply chain challenges. What role can supply chain play in preventing stockouts? So how can supply chain orchestration help?

Pharmaceutical 234

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain 234

Unleashed

APRIL 18, 2023

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Logility

MAY 22, 2020

User adoption is a challenge that often arises during the rollout of supply chain analytics solutions. A lot of IT departments traditionally charged with rolling out supply chain analytics tools run into the same challenges, such as: How do we train users on this new application?

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

Supply Chain Shaman

APRIL 9, 2021

We stubbed our toe in supply chain management at the beginning of the decade. Facing The Issues of Supply Chain Performance. As I work through this year’s Supply Chains to Admire , I cannot help but shake my head. The black veil of the pandemic is a supply chain wake-up call to build better.

Supply Chain Planning Software 369

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 369

Logistics Viewpoints

JANUARY 23, 2024

This year, a recurring theme that I saw was about using supply chain data to improve the customer experience across the entire value chain. Here are the ones that stood out to me, especially as it relates to supply chain data. This new dashboard gives retailers a lot of supply chain data to see where they stand.

Supply Chain Planning Software 212

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 212

Supply Chain Shaman

OCTOBER 16, 2023

Let me start by saying that t he process is not a panacea to solve all supply chain ills. Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver.

S&OP 363

S&OP Supply and Demand Forecasting Supply Chain Design Software 363

Supply Chain Shaman

JUNE 29, 2021

Each year, we compile a list of top-performing Supply Chains, termed the Supply Chains to Admire. This week, while all my friends are on vacation, I am writing the final report for the Supply Chains to Admire. Our goal is to continually redefine the definition of supply chain excellence.

Supply Chain Planning Software 370

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 370

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Inventory Turns and Sales-to-Inventory Ratio.

Manufacturing Procurement 111

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 111

QAD

JUNE 25, 2019

The effective use of a manufacturer’s inventory investment is an important determinant of the company’s success. Excess and obsolete inventory is a drain on resources, as is excessive safety stock. Managing an Inventory Investment. Managing an Inventory Investment. Using Metrics to Measure the Health of the Business.

Procurement Analytics 103

Procurement Analytics Metrics Inventory Reduction Inventory 103

Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #6 Not effectively managing inventory.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

Logistics Viewpoints

SEPTEMBER 19, 2023

Supply chain resiliency and sustainability are top priorities for CEOs today. To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains.

Supply Chain Design Software 233

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 233

Logility

AUGUST 5, 2021

With global business complexities growing every day, companies must have business processes in place to help manage the trade-offs between the supply and demand sides of their supply chain. If your sustainable competitive advantage is centered on strong customer relationships, you may carry more inventory than your peers.

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Supply Chain Shaman

JULY 6, 2020

This is a story for the Eds, Franks, and Toms working together in supply chains across the globe. It is also a story for a young supply chain manager attempting to make a difference, but feeling stymied. He felt that inventory was no problem, he would just cut it at the end of each quarter to make the balance sheet goals.

Agile and Lean Supply Chain 304

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 304

Supply Chain Shaman

SEPTEMBER 22, 2022

This week, I spoke at a University of Wisconsin event on responsiveness and ASCM on the future of supply chain planning. Here I want to share insights on my beliefs on the future of Supply Chain Planning. Managing supply chains in the face of this level of uncertainty is new and unprecedented.

Supply Chain Planning Software 431

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 431

Logility

AUGUST 7, 2017

Wait, it’s not spring; but does that mean you have to wait another eight months to review your supply chain? Often, it becomes necessary to reevaluate how supply chain performance is measured to ensure healthy operations. Ask yourself, “Are your supply chain metrics bogging you down?”

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

Supply Chain Shaman

MARCH 21, 2024

Supply Chain Planners Analogous to Secretarial Pools? In my forty years of studying supply chain planning, the groups became larger, but with questionable results. We sidestep vacuous terms like digital supply chain and attempt to measure and redefine flows based the redefinition of planning. The So What?

Inventory Reduction 424

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 424

Valogix

MAY 1, 2023

But they fall short of providing inventory optimization and rationalization. Achieving a well-balanced, efficient inventory is no small task as supply chain complexity is ever increasing. Inventory planning uses a wide range of variables and metrics, which generally include: How do you get there?

Metrics 52

Metrics Inventory Supply Chain Planning Software SAP 52

Unleashed

DECEMBER 15, 2021

Days Sales of Inventory (DSI) is a key measure to help you understand how efficient your inventory management is. Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. How do you calculate Average Inventory?

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Supply Chain Shaman

JANUARY 2, 2024

As I wrote, I reflected on the Generative AI hype cycle in the supply chain market and the contribution to noise. I questioned in this time of uncertainty if supply chain leaders will value data-driven content. Conventional wisdom centers on the use of enterprise data to make the supply chain more efficient.

Gartner 311

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 311

Supply Chain Shaman

FEBRUARY 11, 2014

My journey to understand supply chain Metrics That Matter started three years ago. I was sitting at my kitchen table attempting to write a celebratory book on the 30th anniversary of supply chain management. Balance: The ability to balance a portfolio of metrics to maximize market capitalization and free cash flow.

Metrics 296

Metrics Optimal Sourcing Manufacturing Procurement Inventory Reduction 296

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. Executive teams strive to drive improvement in supply chain results; yet, sadly, only four percent of public companies succeed. The supply chain is a complex non-linear system. Now, I view the company as a supply chain laggard.

Procurement Analytics 360

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 360

Logistics Viewpoints

JUNE 22, 2023

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article comes from Matt Boland at Koerber Supply Chain, and examines how technology can help improve on time in (OTIF) performance.

Supply Chain Software 191

Supply Chain Software Real-time Visibility Modeling Software Optimization Software 191

Logility

JANUARY 26, 2024

What defines a high-performing supply chain? However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. Enter our list of supply chain trends for 2024.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

GlobalTranz

APRIL 25, 2016

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? 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Isn’t time important?

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Shaman

SEPTEMBER 3, 2018

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. According to my research, top-performing supply chains possess three very different qualities.

Supply Chain Planning Software 339

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 339