TransAudit

DECEMBER 13, 2023

Metrics and Performance Management Legacy supply chain metrics rarely capture the effectiveness of circular supply chains. Recommendations: Collaborate with sustainability and finance to align on relevant circular metrics. Turn policy constraints into innovation opportunities for localization.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Tie policy to action.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 322

Supply Chain Insights

JUNE 1, 2017

When asked what stage in the end-to-end supply chain process maturity they were in, most people in the course said their companies were good at transactional efficiency, and were currently focused on data sharing, moving to policy development (see Figure 1). End-to-End Supply Chain Maturity Stages. Orbit Chart for Dollar Tree.

Supply Chain Strategy 161

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

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. In general, S&OP consists of a New product review, Demand Review, Supply Review, Management Review and some level of reconciliation between these steps.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

TMC

NOVEMBER 18, 2015

Keeping an eye on changes in government policies is another important detection activity, which often falls under the umbrella of a centralized corporate function such as Legal or Compliance. Shifts in government policy can be immensely disruptive, especially when they occur with little or no warning.

Metrics 67

Metrics Supply Chain Planning Software Forecasting Software Supply Chain Software 67

Logility

AUGUST 15, 2023

Recognizing supply chain resiliency also depends on meeting compliance standards, companies leverage the platform to gain well-rounded multi-tier visibility into supplier adherence to internal company policies and government mandates. Compliance spans various dimensions such as environmental sustainability, quality, and security.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. The US GDP in 2021 grew at an unexpected rate of 5.7% in the second year of the pandemic.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

QAD

JULY 23, 2020

When comparing business metrics , there are four primary types of benchmarking to consider: Internal benchmarking measures improvements that can be made to a business process or function internally and within the organization. Establish baselines on internal performance (or metrics) and gather your actual results.

Benchmarking 131

Benchmarking Metrics Manufacturing Six Sigma 131

Logility

JANUARY 26, 2022

Reporting will need to reveal such information as total volume of material produced, carbon emissions, water consumption and pollution, chemical usage, storage, and disposal practices, median wages, and measures for responsible company conduct embedded in policies and management systems.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 130

QAD

JULY 23, 2020

When comparing business metrics , there are four primary types of benchmarking to consider: Internal benchmarking measures improvements that can be made to a business process or function internally and within the organization. Establish baselines on internal performance (or metrics) and gather your actual results.

Benchmarking 129

Benchmarking Metrics Manufacturing Six Sigma 129

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. Should a returns policy be tight or lenient?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

The Smart Software

OCTOBER 2, 2023

For that, your inventory software should show you metrics – and not just one, but a full set of metrics or KPI’s – Key Performance Indicators. Dealing with the day-to-day of inventory management can keep you busy. But you know you have to get your head up now and then to see where you’re heading. The post How Are We Doing?

Inventory Management Software 84

Inventory Management Software Metrics Supply Chain Planning Software Forecasting Software 84

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The Group’s sustainability policy is based on three pillars: Acting for People, Acting for Planet and Acting for Responsible Trade. He played a key role in developing the Global CSR policy and defining the Group’s environmental strategy. Acting for People. million gallons of SAF this year. MORE FROM THIS EDITION.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Logility

DECEMBER 14, 2021

Supply chain governance integrates coordination of operations and ensures that the proper policies are implemented and controlled. It means taking intentional actions to affect partner relationships. Mechanisms for governance can include contracts, standards, mechanisms for reporting, and social bonds.

Supply Chain Planning Software 199

Supply Chain Planning Software Government Supply Chain Software Sourcing Strategies 199

Logistics Viewpoints

MARCH 29, 2024

Retailers rely on global maritime shipping to deliver products for American consumers every day,” RILA Director of Supply Chain Policy Sarah Gilmore said in a release. According to its sponsors, the bill’s measures would also help to improve another recent attempt to address the issues, the Ocean Shipping Reform Act of 2022.

Prescriptive Analytics Software 251

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 251

ivalua

JUNE 14, 2023

Process: Blueprints for Success This process workstream focuses on blueprinting existing processes, policies, and metrics. The blueprints serve as a foundation for change management, documenting current processes in an “as-is” form and gathering requirements to define the desired “to-be” state.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

QAD

MARCH 9, 2023

That means looking at the right metrics. Be influenced by metrics that transcend operations, profitability, and risk. Invariably times of high-inflation are followed by times of higher interest rates as central banks around the world tighten their monetary policy and increase the cost of funding. What About Cash?

Agile and Lean Supply Chain 94

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 94

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Actively design your supply chain to focus on the management of variability and implement inventory buffer policies. In times of uncertainty, cash is king.

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Resilinc

NOVEMBER 1, 2022

tensions with China boiled over into policies and restrictions that will fundamentally reshape semiconductor value chains and the myriad types of products that require chips. They are all rated strong performers by their customers across operational metrics including business continuity planning and reliability.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Network Software Metrics Demand Planning Software 62

SYSPRO Smarter ERP

OCTOBER 30, 2023

A quality management system should keep track of changes to policies and procedures, and provide reports on anything related to the quality management process. Predefined metrics should be established for this inspection so that a pass/fail rating can be given.

Quality 105

Quality Manufacturing Supply Chain Design Software Supply Chain Planning Software 105

BlueYonder

JANUARY 18, 2024

For example, how long it takes to get an item back into stock after being returned is very rarely a considered metric for retailers. By adopting the right technology, retailers will start to have a better view of important metrics like the speed of ecommerce returns and be able to take the right actions to improve them.

Logistics Network Optimization Software 56

Logistics Network Optimization Software How To Supply Chain Software Retail 56

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

The digital twin allows for internal operations as well as customers to view the various processes, along with detailed metrices throughout the facility. Another notable project launch is the DB Schenker’s digital twin. This allows customers to reduce or compensate for CO2 emissions along the entire supply chain. supply chain.

Singapore 246

Singapore Logistics Network Optimization Software Supply Chain Design Software Waste Reduction 246

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. Companies can win with an IT standardization policy. 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

Logistics Viewpoints

APRIL 21, 2023

But I believe that more efficient packaging is the area with the greatest potential to improve sustainability metrics within the warehouse. Huawei was placed on the Entity List, a US trade blacklist, in 2019 to reduce the sale of US goods to the company amid national security and foreign policy concerns.

Logistics Network Optimization Software 207

Logistics Network Optimization Software Logistics Kenya Supply Chain Planning Software 207

Elementum

AUGUST 3, 2022

A plan and a set of metrics are developed to monitor and assess all activities. Supply chain managers are responsible for constructing different procedures and metrics to manage and improve supplier relationships. A company must design and develop an approach to managing all the resources needed to build products and provide services.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 78

Locus

NOVEMBER 28, 2023

It is vital that shippers optimize the below metric to success in their overall growth. Implement Robust Return Policies: Clearly defined and transparent return policies can minimize returns due to buyer’s remorse and can help set clear expectations for the customers. Better product handling should be done to reduce this issue.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

Logility

APRIL 29, 2021

Know your vendors and apply consistent policies and procedures. Vendor scorecards based on performance metrics help ensure better sourcing decisions when used to assess and compare vendors and assist with onboarding. Compliance is an ongoing challenge for businesses today.

Optimal Sourcing 203

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 203

SYSPRO Smarter ERP

NOVEMBER 3, 2021

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Enterra Insights

JULY 18, 2023

Create an enabling policy environment for collective action, such as public-private partnerships and local NbS implementation consortiums. Transition to adaptive policies that enable NbS across infrastructure engineering, procurement, and construction. Stimulate private investment through blended financial solutions.”

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

Supply Chain Insights

JULY 22, 2016

Today our first course, Supply Chain Metrics That Matter, is ready for sale. The seven courses currently in joint development between CorpU and Supply Chain Insights are: Supply Chain Metrics That Matter. Improve the metrics that matter on the balance sheet? The development is complete. How can they shift and drive value?

Supply Chain Planning Software 110

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Supply Chain Planning 110

Supply Chain Shaman

MAY 17, 2015

Then it is off to Dallas to speak on Supply Chain Metrics That Matter at the Dallas CSCMP roundtable and complete some more client work. The supply chain is a complex system and these metrics are tightly linked in non-linear relationships. Figure 2: Supply Chain Effective Frontier. Figure 3: Defining Planning Architectures.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Software 150

SCMDOJO

MARCH 19, 2024

Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Oversees the procurement process, ensuring efficient ordering, timely deliveries, and adherence to company policies.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

GlobalTranz

APRIL 5, 2017

If your vendors do not understand your organization’s policies and procedures regarding inbound freight , how can they adhere to your needs? Approximately 54 percent of companies actively run metrics on inbound freight, but these metrics may be lacking. In other words, the term, “metrics,” can be deceiving.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Inventory Reduction Logistics 123

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Decrease of bargaining power can also result in unfavorable PPV.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

CHAINalytics

OCTOBER 9, 2017

By Todd Barker | Director, Integrated Demand and Supply Planning | Chainalytics | Walmart’s current suppliers have now officially moved over to the retailer’s updated service metric of “On-Time-In-Full” (OTIF), which took effect in August of this year.

Forecasting 98

Forecasting Policies Scenario Planning Strategy 98