GlobalTranz

SEPTEMBER 17, 2020

The post KPI Supply Chain: Parcel Metrics to Track and Boost Peak Season Value appeared first on Transportation Management Company | Cerasis. These best practices go back to the root of digital transformation within logistics, recognizing when things go wrong and intervening immediately.

KPI 347

KPI Metrics Supply Chain Supply and Demand 347

Logistics Viewpoints

FEBRUARY 29, 2024

UPS dominated business and trade headlines for a day in late January when the world’s largest package delivery company announced plans to cut 12,000 full- and part-time management jobs as part of a new initiative called “Fit to Serve.” I was speaking with the Chief Supply Chain Officer at one of the world’s largest CPG companies.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Resource Reduction Analytics Software 271

DELMIA Quintiq

JUNE 22, 2021

In this final blog on agility and why you should consider becoming an agilist to survive the new completion (of the continuous mention) of the application of enterprise decision management systems (EDMS) from Taylor and Raden cited in the first blog, I turn to the metric of agility and a new ROI metric of decision yield. The Takeaway.

Metrics 156

Metrics Supply Chain Planning Software Agile and Lean Supply Chain Optimization Software 156

ivalua

NOVEMBER 29, 2022

Massive delays have led to serious, financial, operational and performance impact across a wide range of companies. . Tracking the Metrics that Matter. While Ardent expects Procurement to rise to and tackle these challenges, tracking the metrics that matter will help them stay focused for full recovery. Inflation Metrics.

Procurement Analytics 130

Procurement Analytics Metrics Manufacturing Procurement Optimal Sourcing 130

Logility

AUGUST 5, 2021

Integrated business planning ( IBP ) is gaining a lot of traction as more companies seek to advance their sales and operations planning (S&OP) process. For example: Verify your strategy. What are your long-term goals?

Metrics 130

Metrics Modeling Supply Chain Planning Software Supply Chain Design Software 130

Supply Chain Shaman

SEPTEMBER 22, 2024

His company had just implemented SAP IBP , and he was not a fan. Companies speak about moving from a functional metric focus to managing corporate metrics, but this does not happen. Companies implement technology projects, assuming that the supply chain has unlimited potential to improve. He shrugged his shoulders.

Cost Reduction Strategies 378

Cost Reduction Strategies Waste Reduction Inventory Reduction Supply Chain Planning Software 378

GlobalTranz

MARCH 18, 2020

The post What Are the Most Important 2020 Freight Metrics to Know? appeared first on Transportation Management Company | Cerasis. Then, coronavirus happened to spread, and now, it will impact global supply chains. It is only a matter of time. Fortunately, understanding the facts.read More.

Metrics 156

Metrics Freight Forecasting China 156

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. The metrics that underpin MRP could be described as the balls in this juggling act. This article takes an in-depth look at the crucial metrics every supply chain professional needs to know.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 98

GlobalTranz

APRIL 16, 2020

This is part two of the Top 10 Metrics to Track and Manage Risk in the Supply Chain article. The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 2 appeared first on Transportation Management Company | Cerasis. Check out part one here. Disruption is nothing new to supply chain professionals.

Metrics 179

Metrics Supply Chain Transportation Management Supply and Demand 179

The Logistics of Logistics

SEPTEMBER 15, 2023

Jonathon McKay , Sarah Ahern , and Joe Lynch discuss how exceptional companies grow. Jonathon is not only a strategist but also a dynamic facilitator, conducting nationwide workshops on employee engagement, customer loyalty, leadership development, and growth metrics. Employee engagement, market research, strategic planning, and more.

Price Reduction 224

Price Reduction Company Supply Chain Strategy Logistics Network Optimization Software 224

Logistics Viewpoints

JANUARY 17, 2022

When companies consider implementing enterprise software, standard operating procedure would be to look at a public company’s financials before deciding to implement the solution. If the software company is private, the prospective customer often asks for the right to view their financials. The Rule of 40. The problem?

Logistics Network Optimization Software 246

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 246

Precoro

MAY 19, 2023

A transparent and well-controlled supply chain plays a crucial role in a company’s success. To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly.

Procurement Analytics 68

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 68

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. Fortunately, applying metrics to multi-source operational information that’s stored and managed in a data hubs greatly minimizes these issues. Our Top 24 Supply Chain KPIs & Metrics.

Metrics 81

Metrics Manufacturing Procurement Supply Chain Planning Software Supply Chain Strategy 81

GlobalTranz

APRIL 15, 2020

The post Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1 appeared first on Transportation Management Company | Cerasis. According to the Harvard Business Review, “vital information is often not available or accessible across their global teams. As a.read More.

Metrics 179

Metrics Supply Chain Transportation Management Procurement 179

Logility

MAY 22, 2020

The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization. A great example of this comes from a Logility customer.

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

Talking Logistics

JULY 16, 2019

This post from PINC’s blog highlights six warehouse metrics that all companies should be tracking, monitoring, and acting upon. The post Editor’s Pick: 6 Warehouse Metrics You Can’t Afford to Ignore appeared first on Talking Logistics with Adrian Gonzalez.

Metrics 130

Metrics Warehousing Logistics Supply Chain 130

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 #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Why do companies focus on reducing a specific metric? by John Westerveld.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Logistics Viewpoints

MARCH 9, 2023

Here we have compiled a list of the top six challenges that CPG companies face in the post-pandemic market. CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue.

Supply Chain Planning Software 227

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 227

QAD

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Inventory Turns: This represents the number of times a company sells and replaces its stock of goods during a given period. Using Metrics to Measure the Health of the Business.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

Logility

AUGUST 7, 2017

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. These metrics help measure how fast your supply chain is creating value.

Procurement Analytics 121

Procurement Analytics Metrics Gartner Supply Chain Planning Software 121

GlobalTranz

JUNE 14, 2017

The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. If vendors fall behind on this metric, you may need to re-evaluate your partnerships or expand your list of approved vendors.

Procurement Analytics 191

Procurement Analytics Omnichannel Metrics Supply Chain Design Software 191

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. Nevertheless, measuring supply chain performance is critical for a manufacturing concern.

Manufacturing Procurement 111

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 111

Supply Chain Shaman

JANUARY 7, 2015

Tomorrow, I have a call with a manufacturing company to answer the question, “ What is the most important concept in the book?” While Joe is trying to balance the feedback from Filipe and Frank, he is often asked to change his metric targets by his CFO named Lou. Achieving Balance in Metrics. I have three.

Metrics 150

Metrics Agile and Lean Supply Chain Manufacturing Procurement Modeling 150

ivalua

DECEMBER 16, 2022

Ivalua scoops hat-trick of awards at Comparably’s latest Best Companies ranking. The list of award winners is part of Comparably’s 6th Annual Best Places to Work series and represents the overall top-rated companies of 2022 according to their employees. Redwood City, CA, December 16, 2022. 27, 2021 through Nov. About Comparably.

Global 246

Global Company Supply Chain Software Gartner 246

Unleashed

MARCH 9, 2021

One challenge of modern purchase management is that many organisations lack a formal company-wide strategy to achieve value through their procurement activities. This makes it hard to determine if procurement is contributing to company objectives and if so, how that contribution is measured. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logility

MAY 18, 2020

Retail giant Amazon uses predictive analytics to study the behaviors of over 200 million customers who produce over 1 billion GB of website data per year, which results in tailored product suggestions that earn the company over $2 billion in sales a year. But your company doesn’t have to be a retail giant to use predictive analytics.

Predictive Analytics 227

Predictive Analytics Analytics Software Predictive Analytics Software Procurement Analytics 227

Unleashed

APRIL 18, 2023

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? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Logistics Viewpoints

OCTOBER 28, 2024

The EY research suggests that at many companies, that opportunity is receding. Prepandemic r esearch by the McKinsey Global Institute found that, on average, companies experience a disruption of one to two months in duration every 3.7 net promoter score or similar metric) as a supply chain KPI.

Supply Chain Execution 223

Supply Chain Execution Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy 223

QAD

MARCH 28, 2019

Very little has more impact on a company’s success than customer satisfaction. Most people realize that on-time delivery plays a key role in how business’ satisfy customer needs, but customer satisfaction can be an expensive undertaking if the company doesn’t manage all aspects of customer service and the business processes that affect them.

Customer Service 99

Customer Service Metrics Forecasting Forecasting Software 99

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. The handful of companies in the top quartile of working capital performance had working capital expenditures as a percentage of overall revenues of between 6% and 10%. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Talking Logistics

NOVEMBER 2, 2016

Assuming you can start with a clean slate, are there any guiding principles to selecting the “right” metrics? Usually, there are three things that companies do wrong when trying to measure the performance of their organization,” said Jason Minghini, VP Best Practices at Kenco Group in a recent episode of Talking Logistics.

Metrics 100

Metrics Supply Chain Logistics Network Optimization Software Supply and Demand 100

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

Supply Chain Shaman

MAY 15, 2023

When I use the research, I keep the information on the respondent–name, company, title, and individual comments–confidential. Use of Supply Chain Descriptors Most organizations are locked into functional silos driven by functional metrics. The metrics defining success in manufacturing and procurement do not align.

Manufacturing Procurement 450

Manufacturing Procurement Optimal Sourcing Agile and Lean Supply Chain Supply Chain Planning 450

QAD

JULY 1, 2021

Your total manufacturing costs are essentially an expense analysis that calculates how each of your company’s departments contributed to producing a finalized product. Total manufacturing costs showcase how much your company spent to produce its inventory in a given period of time. Equipment depreciation.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 98

Supply Chain Shaman

NOVEMBER 21, 2024

Building a software company is hard work. The homework is to bring a list of the data that you think could drive better decisions to the conference and ask the technology company for insights on how to best use different forms of data. Did you know that improvement in the supply chain drives 50-70% of this value metric?

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Software Modeling Supply Chain Network Software 195