Kinaxis

DECEMBER 12, 2014

Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Reason #10: Failure to adequately train your supply chain planning staff. Don’t want training and aren’t interested in learning. In reality, providing training in this way is a win-win for the company and the employee.

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Planning Training Price Mitigation Strategies 240

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 209

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 209

Logistics Viewpoints

NOVEMBER 3, 2022

The latter refers to a single variable standard (SVS), by which one metric, such as cases per hour, is expected to tell all. If so, MVS is a form of work measurement designed to gauge the time it takes for a trained worker to accomplish a specific task to an acceptable level of performance. Spotting areas for further training.

Supply Chain Design Software 212

Supply Chain Design Software Optimization Software System Logistics Network Optimization Software 212

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

Logistics Viewpoints

FEBRUARY 29, 2024

Take onboarding and training new employees. With tools like GenAI, new workers can get real-time answers to questions and highly-personalized training. Metrics are critical as well. It’s easy to imagine a faster and more efficient path to productive work. But be wary of setting “moonshot goals” that may take years to achieve.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Design Software Resource Reduction Analytics Software 238

Precoro

OCTOBER 10, 2022

Keep reading to learn in detail about the top 13 most crucial procurement metrics, how to track them, and what to focus on to drive the most value to your company. This metric helps the procurement department reduce future costs and prevent price increases due to inflation or other economic factors. Cost Avoidance.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Logility

MAY 17, 2024

The challenge these organizations face is they no longer have the luxury of long training periods beside employees with thirty years of experience and expertise. We are already seeing GenAI overcome this challenge, showing productivity benefits through training, implementing forecast changes, and actionable insights.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Forecasting Software Analytics Software 130

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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Generative AI can use models with billions or even trillions of parameters trained on massive datasets (think the size of the internet), enabling it to produce increasingly complex outputs such as speech, text, and videos. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

DECEMBER 13, 2021

How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? Is there a need to redesign metrics to move from a functional and traditional function to drive goal alignment? In the design of the digital program, spend time on metrics and reward systems.

Cost Reduction Strategies 369

Cost Reduction Strategies Price Mitigation Strategies Supply Chain Strategy Supply Chain Design Software 369

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Supply Chain Shaman

MARCH 21, 2024

Training ensued, and the expectation of changing work was shared. Some are focused on project implementation; others are attempting to improve supply chain talent by defining career paths, training, and skill development, while others serve in an audit capacity. Lack of aligned metrics. Lack of executive buy-in.

Inventory Reduction 406

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 406

Supply Chain Shaman

SEPTEMBER 22, 2022

While I believe that the explosion of the number of planners and the lack of a clear definition of the planner role is problematic, we are far from being able to implement a process that is not dependent on the trained planner. The problem is the lack of trained planners.) Real-time Planning. These concepts are new.

Supply Chain Planning Software 419

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Modeling 419

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 300

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 300

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

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 Tougher than most understand. United States Inflation Rates and GDP Inflation is the highest in forty years.

Supply Chain Planning Software 391

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 391

The Logistics of Logistics

AUGUST 17, 2022

Lean ensures that your satellite office is staffed with highly educated, English-speaking professionals trained in your company’s processes and systems. She joined symtrain in 2021 and is excited to help businesses grow their people, impact, and bottom line through digitized role-play training and coaching. About Melanie Flores .

Logistics Network Optimization Software 192

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Buyer Training 192

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

Unleashed

MAY 9, 2024

Efficiency focuses on improving metrics like machine uptime, cycle time , defect rates, and utilisation of labour and equipment. Productivity metrics may include units produced per hour, revenue per employee, or output per unit of input. These provide insights into different aspects of production, quality, and resource utilisation.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

SYSPRO Smarter ERP

MARCH 28, 2024

Increasingly, businesses need to hire and train analysts and data scientists. To achieve this, training that is focused on data literacy is important. If production metrics are important, you may want to get data on: Machine and labor availability. 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

Logistics Viewpoints

JULY 18, 2022

In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. The company has shown sustained improvement on this metric. Training is also clearly important. The company uses a network design tool from Coupa.

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 220

QAD

APRIL 13, 2023

For example, rather than hiring someone with the required skill set, many companies are investing in training and development programs to upskill their workforce, and ensure that their employees are equipped with the skills needed to succeed in their role.

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

BlueYonder

APRIL 16, 2024

By training models on historical data and expected behaviors, AI algorithms can automatically identify deviations from normal patterns. In the context of observability, this means the ability to detect anomalies in application metrics, logs, and traces in real time.

Supply Chain Design Software 95

Supply Chain Design Software Supply Chain Planning Software Modeling Software Predictive Analytics Software 95

Kinaxis

SEPTEMBER 23, 2015

Economists seem divided about whether existing metrics are sophisticated enough to properly measure the link between technology and job loss. The post Are Universities Training Students for Obsolete Jobs? workers’ jobs, will be threatened by automation. That’s our take. But what’s your perspective? Let us know in the comments!

Supply Chain Software 100

Supply Chain Software Buyer Training Price Mitigation Strategies Training 100

Silvon Software

JANUARY 25, 2023

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. Forecast-accuracy metrics are often not included in sales KPIs, but if your company is serious about demand planning, then they should be.

Supply and Demand 115

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 115

Logistics Viewpoints

JULY 21, 2023

However, the largest supercomputer in the world for AI training has just been unveiled. employees will participate in training that would help them safely serve our customers if there is a labor disruption. employees will participate in training that would help them safely serve our customers if there is a labor disruption.

Logistics Network Optimization Software 193

Logistics Network Optimization Software Purchasing Skills Pricing Training Procurement Analytics 193

ToolsGroup

AUGUST 20, 2019

Companies moving to BPO in these practice areas are experiencing supply chain improvements in metrics such as inventory turnover and customer service. An outsourcing vendor can be used at the entity to share best practices, recommend and implement new methodologies, and train resources. Those companies also reduced planning spend.

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

TransAudit

DECEMBER 13, 2023

Develop circular economy knowledge and skills through training programs and pilot projects. 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.

Supply Chain Design Software 88

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

Supply Chain Shaman

FEBRUARY 1, 2024

This is why I host training twice a year to challenge existing technology paradigms. Optimization engines to improve functional metric performance resulted in an exploding number of planners. There are too few places where business leaders and technologists can challenge existing paradigms together. Yes, the class is now closed.

Supply Chain Planning Software 347

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 347

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Functional metrics need to be abandoned to focus on balanced scorecard outputs. A focus on functional metrics throws the supply chain out of balance. As a result, in a market downturn, process latency increases.

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

Supply Chain Shaman

DECEMBER 13, 2021

How do we design work systems to align organizations and ensure that there is the right balance of reward systems with metrics? Is there a need to redesign metrics to move from a functional and traditional function to drive goal alignment? In the design of the digital program, spend time on metrics and reward systems.

Sourcing Strategies 195

Sourcing Strategies Cost Reduction Strategies Supply Chain Design Software Price Mitigation Strategies 195

Supply Chain Shaman

SEPTEMBER 9, 2015

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. Nine out of ten are stuck unable to make improvements in these Supply Chain Metrics That Matter.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain 150

Elementum

FEBRUARY 7, 2024

Measuring Automation Success Evaluating the effectiveness of business process automation through AI requires a focus on specific metrics and their influence on organizational goals. Performance Metrics When looking at performance metrics , they must reflect efficiency gains and throughput increases.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

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. For example, in 2020, over $SGD 1 million was spent in developing our employees through training. Another notable project launch is the DB Schenker’s digital twin.

Singapore 246

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

GlobalTranz

FEBRUARY 2, 2018

Train Staff Throughout the Process. A switch in the human brain does not exist to simply make it happen; people need training, and lots of it. The shift to omnichannel will require a training plan for all employees, from warehouse workers to cashiers. Staff members also need to know how to manage omnichannel fulfillment.

Omnichannel 169

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

Supply Chain Game Changer

AUGUST 24, 2022

Sure, using these solutions may cost you a bit of money and require some training and work, but they will certainly pay for themselves over time and help your whole operation be more streamlined and efficient. Not Tracking KPIs or Metrics. Not Training Employees Well. But why should these be tracked?

Inventory Management Software 93

Inventory Management Software Inventory Management Inventory Reduction Inventory 93

Supply Chain Game Changer

NOVEMBER 18, 2018

Customers and other internal functions viewed Supply Chain as a dysfunctional organization as evidenced by the poor Supply Chain performance metrics. They required a substantial time commitment to do the training required. The Training Journey Begins! The Trainer then began what would be several months of intense training.

Buyer Training 43

Buyer Training Price Mitigation Strategies Training Supply Chain Design 43