Company Metrics Procurement Analytics 
Supply Chain Shaman
MAY 21, 2024
In the study, when we asked for the top elements of business pain to drive continuous improvement for companies greater than 5B$ in annual revenue, as shown in Figure 1, we found the largest issues with cross-functional alignment and availability of talent. In the survey, companies had over one hundred active continuous improvement programs.
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.
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Supply Chain Shaman
JANUARY 7, 2025
Here I define value as improving market capitalization/employee for a public company. To build an outside-in model, and use new forms of analytics, we must start the discussion with the question of, “what drives value?” The problem is that the reduction of costs within one function does not necessarily drive value.
Logility
MAY 18, 2020
Chances are, if you’re in marketing, sales, or one of the more technical aspects of business, you’ve used predictive analytics in some part of your job. But your company doesn’t have to be a retail giant to use predictive analytics. But your company doesn’t have to be a retail giant to use predictive analytics.
Supply Chain Shaman
APRIL 9, 2021
Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Over 85% of companies turned their systems off, turning to spreadsheets and ad hoc manual analysis. The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. Mistake #2.
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.
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. In the review of my first book, Bricks Matter , Keith Harrison, former Global Director of Product Supply at P&G asked me, “You mention the need for supply chains to shift from a focus on cost to value.
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