Supply Chain Shaman

JUNE 21, 2014

One of my favorite interviews on this topic, that I recently completed for my upcoming book Metrics That Matter , was with Amway’s Chief Supply Chain Officer George Calvert. For example, we discovered that transportation and duties are 5x the expense of labor and overhead. For example, we produce in Vietnam and China.

Case Study 282

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 282

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) A Case Study. Let’s take P&G as an example.

Procurement Analytics 341

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 341

Talking Logistics

AUGUST 5, 2013

Companies spend a lot of time and energy measuring operational metrics, the “what” of supply chain performance, but they generally fail to measure the “how” aspects of performance –i.e., the interpersonal skills of employees that also play a critical role. In this episode, Tracy Maylett , Ed.D,

Metrics 149

Metrics KPI Case Study Supply Chain Performance 149

Operations and Supply Chain Management

NOVEMBER 7, 2024

Key elements to include: Sustainability Goals and Metrics: Define clear sustainability goals aligned with the company’s overall objectives. Introduce relevant metrics for measuring environmental impact like carbon emissions, water usage, and waste generation.

Waste Reduction 40

Waste Reduction Sourcing Strategies Material Savings Sustainability 40

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. So I started this book as a summary of this research.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Hybrent

FEBRUARY 6, 2019

Hybrent also provides valuable operational data – delivering metrics and reports to help users evolve supply chain efficiency and visibility. We now know, on a real-time basis, whether a contract has expired, for example. The post Surgery Center Case Study: Less Time at Computer, More Time in OR appeared first on Hybrent.

Case Study 60

Case Study Study Price Reduction Vendor Strategies 60

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Supply Chain Shaman

FEBRUARY 18, 2021

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Watermelon Metrics Don’t Drive The Right Results. I love the metaphor of watermelon metrics. What are functional metrics? It Is Even Worse in the Pandemic.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 288

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Prescriptive Analytics Software 132

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 132

Logistics Viewpoints

JANUARY 17, 2022

I can recall a case study when I was in business school where a profitable, fast-growing manufacturer nonetheless went out of business. The Rule of 40 was popularized by venture capitalists in recent years as a key performance metric for SaaS firms. on this metric. The Rule of 40. The problem? GAAP versus Non-GAAP.

Logistics Network Optimization Software 249

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 249

ThroughPut

MAY 22, 2024

Following this, data sources are identified and shared, and success metrics and business outcomes are defined so that everyone works toward the same goals. Such quality validation is crucial, as a seemingly simple mislabeling of a product category could potentially lead to, for example, a 10% inefficiency in demand forecasting.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Inventory Reduction 52

RFgen

JULY 31, 2024

This article explores how efficient inventory and warehouse management enhances customer satisfaction through real-world examples and case studies, demonstrating its pivotal role in business success. Traditional metrics such as order accuracy, delivery time, and inventory turnover provide a good overview of performance.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Supply Chain Planning Software Optimization Software 75

QAD

JULY 25, 2024

Her book, which topped Amazon’s bestseller list in the leadership category, encourages automotive leaders to shift their focus from mere metrics to fostering cultures that embrace change and innovation. She stresses that traditional leadership models are becoming inadequate for modern EV manufacturing.

Purchasing Training 97

Purchasing Training Supply Chain Software Negotiating Skills Buyer Training 97

Supply Chain Shaman

FEBRUARY 13, 2020

Most supply chain leaders cannot get their groove on because they generalize–the use of the same metric targets and tactics for the supply chain without paying attention to the flows. Wrong Metrics. In the discussion of MAPE versus WMAPE, to make the point, I use the example of prem ature babies in the hospital.

Optimal Sourcing 235

Optimal Sourcing Modeling Forecasting Supply and Demand 235

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. Let me give you example. Reward teams for cross-functional metrics.

Supply Chain Planning Software 319

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 319

Synovos

OCTOBER 30, 2023

It means, for example, that the initial focus on piece-price savings changes as the price ceiling is gradually lowered. Inventory Reduction This metric is defined as a reduction in the total value of inventory listed in a single storage location. There are 14 other sites that receive procurement support.

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

Supply Chain Insights

AUGUST 19, 2014

This year, we will publish two new books: Supply Chain Metrics That Matter and The Shaman’s Journal. Supply Chain Metrics That Matter will publish in December 2014. The book details what is possible, and at what rate, for metrics improvement based on lessons from leaders. Our goal is to publish 50-75 completed case studies.

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Case Study Metrics Journal Supply Chain Design 169

Supply Chain Shaman

MARCH 5, 2019

For example, the goal is not track truck location, but to provide insights on location in context with a delivery appointment. For example, will the truck be late to arrive against a pre-established appointment. The focus is on functional metrics, but are unable to get to overall supply chain metrics. 2) Latency.

Supply Chain Design Software 296

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 296

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

Procurement Academy

SEPTEMBER 26, 2024

Whether it is creating tailored learning plans that tackle individual, unique skillsets or measuring ROI with a specific set of metrics, let’s deep dive into what makes a procurement training program drive team efficiency and achieve organizational objectives.

Buyer Training 52

Buyer Training Pricing Training Purchasing Training Negotiating Skills 52

Supply Chain Shaman

DECEMBER 4, 2018

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). Solutions, for example, can take from 12 to 16 weeks to manufacture.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

NOVEMBER 16, 2017

Later that afternoon, I hosted a webinar featuring blockchain case studies. Yesterday, Bristlecone and IBM presented case studies. The case studies focus on cold chain safety/alerting for out-of-condition limits for milk transport in India and the use of blockchain for fresh produce monitoring.

Supply Chain Design Software 132

Supply Chain Design Software Case Study Supply Chain Network Software Supply Chain Design 132

SCMDOJO

MARCH 19, 2024

Infographics can reveal its impact on supply chains or be used to spotlight how visibility prevents supply disruption, drawing on statistical examples of global SDP or shipping costs for its evidence. The success of the emails can be tracked through metrics such as bounce, click-through, and conversion rates.

Supply Chain Visibility 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. For example, a student might work on a project that involves analyzing sales data to predict future product demand, thereby learning how to adjust procurement strategies accordingly.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 52

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. At the Supply Chain Insights Global Conference in 2019, an attendee stopped me after the third case study of the Supply Chains to Admire award winner. ” As he spoke, I smiled.

Customer Service 298

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 298

Supply Chain Shaman

FEBRUARY 23, 2017

For this case study we interviewed Ralf Busche, Senior Vice President of Global Supply Chain Strategy and Performance. Our goal in writing these case studies is to share insights from the Supply Chains to Admire winners from 2016. The work of the BASF leadership team is a success story in managing global complexity.

Agile and Lean Supply Chain 154

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Planning Software 154

Supply Chain Shaman

OCTOBER 25, 2013

It is a quest and the subject of my next book, Metrics That Matter , that will publish in September, 2014. Overall, supply chain leaders deliver results that have strength (year-over-year performance improvements), balance (a set of balanced metrics within a portfolio) and resilience (predictable and reliable results with few swings).

Gartner 258

Gartner Supply Chain Strategy Supply Chain Software Supply Chain 258

Supply Chain Shaman

JUNE 13, 2017

Let’s take an example. If the arrow is red, the industry is moving backwards on a metric. Some of the strongest case studies of supply chain leadership are in this value chain. Companies, based on culture, tend to focus on singular metrics. Supply chain excellence. It is easier to say than define.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 0

RFgen

MARCH 10, 2023

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. For example: Inventory accuracy / error rate Order turnaround / cycle time Cost per order And any other metrics valuable to your operation.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

SCMDOJO

JUNE 11, 2024

In addition, these examples come from the first-hand experience of our experts hence adds more credibility to the content of the course. Watch 6 Key Metrics to Include in Your Logistics Dashboard on SCMDOJO YouTube Channel! Practical Exercises/Case Study: Engage with real-world scenarios to enhance your problem-solving skills.

Buyer Training 97

Buyer Training Price Mitigation Strategies Training Logistics Network Optimization Software 97

Supply Chain Opz

JULY 7, 2013

Case Studies. Would you like to understand supply chain management concept but dont have time to study from a supply chain textbook ? For example, in 2011 Amazon initiated a program called Amazon Prime (free 2-day shipping and discounted 1-day shipping). 7) Adopt Both Service and Financial Metrics. A Case Study.

Supply Chain Design Software 257

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Design 257

Supply Chain Shaman

MARCH 21, 2022

For example, direct store delivery supply chains with 1-3 replenishment cycles adjusted quickly, while Over Counter Drugs with replenishment cycles of 180-250 days are still adjusting. For example, catalytic converters use palladium. Another example is medical/surgical supplies. These are not always obvious. Please follow.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Supply Chain Shaman

OCTOBER 8, 2019

Let’s take an example. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. Apparel is an example. The event focus?

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

ThroughPut

JULY 21, 2023

Church Brothers Farms case study serves as a great example. Also, the company wanted to use reliable metrics to determine and rank products for prioritized distribution and order fulfillment that would, in turn, lead to optimized resource management and efforts.

Supply and Demand 52

Supply and Demand Demand Planning Software Inventory Reduction Price Reduction 52

Supply Chain Shaman

AUGUST 2, 2017

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. For example, one business unit can run SAP, one Oracle, one Logility, and one OM Partners; and it will be OK. Reporting Structure. Form and Function of Inventory.

S&OP 154

S&OP Supply and Demand Supply Chain Design Software Supply Chain Planning Software 154

ThroughPut

APRIL 30, 2024

Step 3 – The Metric Selection phase This phase involves identifying key metrics that will help track the actual impact of AI. Consequently, reduced costs, optimized logistics, and improved customer satisfaction are a few metrics that the company has achieved with success. Read it all here.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Supply Chain Shaman

AUGUST 14, 2016

An example of a global demand network is IBM iBAT. An example of social listening is the Lenovo Case Study presented at the 2015 Supply Chain Insights Global Summit. I only know of five case studies of cross-functional listening. I think the Clorox story is a great case study.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186